Payback time for pensioners as McBroon quits

It should be the beginning of the end of McBroon and his bungling Labour Party as he announced the General Election date and scuttled round to Buckingham Palace to get his demob from the Queen…



That was just 24 hours after it was revealed that the Over-55s are the biggest voting segment in the UK as they represent over 42% of the electorate. These are the pensioners whose pensions were robbed by McBroon for five successive years until there was hardly anything left in the pot that was worth taxing; the 42% also includes the next generation of pensioners who will find the pot is empty and, as a result, will have to eke out their golden year.



It’s payback time for the over 50s, who have witnessed the biggest decline in Britain’s economy since Herr Hitler departed the scene and the biggest pile of debt in the country’s history. They worry about their futures, they need to worry about the future of their grandkids as National debt is around one trillion pounds and needs repaying pretty pronto.



Quality care in old age doesn't come cheap. But if McBroon hadn't stolen £100 billion from pension funds and destroyed a private pension system that was the envy of the world, millions of over-50s would have a lot more money to pay for their own care as they get older.



If, despite the huge anticipated anti-vote of the over-50s, McBroon cons his way back to Downing Street, the exodus to sunbelt countries will become a stampede.



If the Cameroons win the election, they don’t have a magic wand to restore the basket-case UK economy, so a place in sunny Spain will still come in handy for this and the next generation of Brit families.



Beat the rush to Spain – start looking for property bargains now…the prices are the lowest for a decade.

Final days for the McBroons?

It’s looking like the final days of the McBroons as they scramble from saving face in the hot Afghan desert and onto snowy Copenhagen to save the world from climate change. As they have got so little right in their 12 years of mis-rule, few would give them any odds on pulling something useful out of the fire at this late stage of their decline.

McBroon and his cohorts are allowing the busted banks to pay bonuses and fund the Krafty take-over of a British chocs company; Spend money faster than they can print it on some days, while cheating on promised pension increases; providing vital helicopters after five years of military casualties while whitewashing over the vainglorious Iraq invasion… offering Third World ragamuffins billions to squander on staying green while giving nowt to Britain’s greenest van maker - who’s now gone bust.

It’s a fairy tale world the McBroons have created for themselves, but surely without a happy fairy tale ending… Hans Christian Andersen lived in Copenhagen and like McBroon he liked to travel around the world compiling imaginative stories to tell, one of which, “Only a Fiddler”, might become McBroon’s tomb-top testimonial when judged by history?

The parlous and changed state of Great Britain PLC, now Lorded over by the mortgage fiddler with more titles than Idi Amin, Saddam Hussain, Robert Mugabe and Hazel Blears, is getting many people looking for a better country to move to.

A place where their meagre pensions will go further; where the sun shines 300 days of the year and their neighbours will be friendly and more respectful in their safer neighbourhoods. The nearest place is Spain, where they can now find a nice house for less than the average price of a flat in the UK.

Spain’s in the recession too and in trouble because they built too many second homes to cater for the never-ending demand from discontented Brits, bored Benelux bods and over-rich Russians. As Spanish banks were not allowed to stray into the twilight zones of dodgy lending and toxic assets they are still around to advance good mortgages to sensible borrowers.

As McBroon has done nothing to support Sterling, the pound has crashed against the Euro, making life difficult for Brits paying mortgages in Spain. Some have had their Spanish homes repossessed, but most will go without the Sunday roast before giving up their splendid lifestyle on their favourite Costa.

Candles in the wind...

The green energy policy of the UK’s McBroon Government is blowing in the wind and future generations will finish up paying through the nose for their heat and light with over-50s reverting to candle power and peat logs... All those wind farms on hilltops and wave tops are costing the earth to construct and maintain as, meanwhile, the nuclear option still has many queries as to its future.

McBroon sort of admits “going green” costs more, but denies the bills will be picked up by the British taxpayer, as has been the case with most things he and his Celtic cohorts dream up. Like nationalising banks, railways and much else going broke in badly run Britain.

That is what you get with Socialism. Dreamers, not realists. It’s now the same in Spain where the prime minister Zapatero is a socialist dreamer with no sense of reality about the long term impact of his green policies on Spain and its people.

In the country with 300 days of sunshine a year, he has forsaken solar for wind farms and, like McBroon boasts of being the European leader in this method of power generation. As in the UK, the nuclear option is being downplayed, leaving nuclear leader, France to flog its spare output to both countries when domestic supplies cannot cope.

Both leaders are taking their countries back to a culture of reliance on the state for everything, with the taxpayers and corporate sector picking up the bill for this outdated idealism. Drive from Gibraltar into Spain's windy corner near Tarifa and see the environmental damage caused by serried ranks of giant wind propellers.

It’s a pity they don’t get together and exchange notes. Zap might then tell McBroon of the problems with contrary wind power they both currently subsidise heavily. Like, it doesn’t always blow to match peak output requirements; it’s electricity cannot be stored at times of low demand and it costs far more than nuclear generation.

Luckily both are likely to be relegated permanently to Dream Land next year when their policies are voted on by the electorates of both countries.

Dodgy TV show, dodgy deals

That’s television for you…the repeats are coming round faster and faster. Three months ago we had the unedifying sight of Prime Minister Brown and Chancellor Darling putting on a double act for the cameras, while trying to explain why they were handing over 37 million quid to bail out busted banks.

Today, viewers again saw the pair – visibly older, due to sleepless nights considering their fiscal foul-ups? – looking like Tweedle B and Tweedle D, apparently repeating the process as their efforts had failed first time around. This time they plan to throw ten times the amount of billions of taxpayers money at banks who are busted due to their irresponsible lending and fat cat lifestyles.

They told astonished, assembled media folk they didn’t know the final figure for this repeat bank bail-out because they didn’t have all the data on the toxic debts concealed by the banks. Tweedle B trotted out his infamous “We’ll do what ever it takes to solve this crisis” while alongside, Tweedle D spouted: “We are doing this for British families and to restore credit lines to British firms”.

“British families” are losing their homes and “British firms” are going bust every day, some even as the Tweedle B and Tweedle D Show hogged the airwaves.

Most viewing Brits would be in despair at such a pathetic performance, some would seriously ponder their future prospects under a leadership that allowed the banks to squander the deposits of, and profits made from, British families and businesses and then blame the US sub prime market for the recession.

The British Government allowed regulated British banks to stuff billions into such dodgy deals, so surely that’s how it started?

Meanwhile, over in sunny Spain, with the country teetering on the brink of recession, the leftist government has predicted unemployment may jump to 15.9% this year, compared with 11.33% registered during the third quarter of 2008.

In an interview published in El Pais yesterday, Finance Minister Pedro Solbes said the country had used up "all the public spending margin we have in tackling the economic crisis.” At least Spain had useful reserves, without calling on taxpayers to cough up for failing banks.

But there is good news for Brits in Spain and those planning to buy a property with the passing of Law 4/2008 confirming that Spanish Wealth Tax was finally abolished. Until now, non-residents have been required to present Form 214, the so-called "wealth tax return". The official name of this Form 214 is "Impuesto sobre el Patrimonio y sobre la Renta de No Residentes" ("Wealth and Income Tax Return for Non-Residents").

Following approval of this law, those non-resident individuals who have one or more properties in Spain are no longer required to pay Wealth Tax. However, while they are still required to pay the Income Tax for Non-Residents, tax handed over by Brits can be offset against UK income tax

Further good news for savers, specialist banks liked CAM in Spain are now offering non residents 5.40% interest on three month deposits – a much better deal than UK banks and ideal for would be buyers saving-up for their deposits.