14 April 2009

USA leadership and UK credibility

The contrast between the Obamas running the USA and the McBroons running the UK was evident to citizens of both countries today when one leader came clean about the recession and produced a credible progress report while the other played dirty politics and refused to come clean when caught in the act…

The head of the McBroon clan “regretted” the poisoned emails his caber-tossing henchman sent off to a New Labour website propagandist, but apparently he wasn’t sorry the digital dirt was slagging-off some Tory party officials.

McBroon skulked in his Downing Street lair after ordering his spin-mongers onto the airwaves, further denting their party’s credibility with pathetic performances that fooled no-one. For the UK’s Over-50s it brought back painful memories of Labour’s final months in office decades ago, when the country was bust and being bailed out by the IMF.

Life then was a bit third world and many Over-50s are wondering if history will indeed repeat itself for them as this time around the McBroon version of Labour has nicked all but their own pensions, emptied the national coffers of fiscal reserves and workplaces of what could soon be three million jobs.

President Obama blamed greedy and uncontrolled banks for the current recession and said he’d make sure it didn’t happen again. McBroon stayed silent because the same greedy banks also went uncontrolled in the UK where he himself had set-up the FSA to regulate their activities.

Also today, housing figures improved in both countries, but the UK’s remain a lot short of the 1,000 a day sales being attained in Spain, where the banks were totally under the control of the Bank of Spain. No toxic debt, no busted banks and plenty of mortgages for Brits who are thinking their favourite overseas destination might provide a more secure future for their property investment and lifestyle aspirations.

Spain’s recession has resulted in plenty of bargain Spanish bank repossessions because of the greedy developers and local mayors that can be grabbed for up to 50% less than current valuations. The banks will provide generous mortgages at low interest and tourism figures are good enough to keep Spain in the top spot, so providing the best rental prospects for Costa property owners.

Average fares from London to Alicante are less than those from London to the McBroon capital of Edinburgh and Spain’s cost of living remains 30% less than rip-off Britain…

Life with the McBroons and the dark decade of pay-back for their misgovernment or the sunny, healthy Spanish lifestyle as a property owning extended holiday-maker or active living fulltime resident?

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