PENSION STRIKES A WASTE OF TIME?!!

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Uploaded by on Dec 12, 2011

UK: In the wake of the PENSIONS STRIKES on 30 November, Chancellor, George Osborne delivered Autumn Budget Statement took a swipe at the Unions when he delivered his grim news of fresh austerities. Evidence from the retail sector is that many of the 2 million did not use the Wednesday "Walkout" to parade banners outside Westminster or town halls but joined many others (forced to look after their offspring because of widespread school closures) on the High Streets and Shopping Molls up and down the land, almost all reported record "footfalls" and pre-Christmas sales -- a welcome boost to the flagging economy. By contrast, the Chancellor delivered a message of doom and gloom, downgrading his growth forecast and promising two additional years of public sector wage freezes; and raising the prospect of regional pay bargaining (to further drive down earnings). Any monies he did promise to spend (£5 billion on road and house building projects) will be financed by taking back yet more allowances from poor and middle class workers. Opposition politicians have little to say, as it is they who left the national coffers empty and had the gall to joke about it. Britain, like Europe, is suffering from a crisis of leadership. None has the strength of character or MORAL AUTHORITY to tell or persuade its peoples the truth and implement the necessary political solutions; as each one undermined by his own self-interest and greed. Like the "FairPak" savers, pension policy holders have been sold a "bill of goods," those in charge of the (gerrymandering) schemes have run off (or are running off) with the cash leaving hopeful retirees with vanishing retirement dates and worthless pieces of paper. THE ONLY SOLUTION IS FOR EVERYONE, ESPECIALLY BANKERS, BUSINESS EXECUTIVE AND POLITICIANS, TO REDUCE THEIR EXPECTATIONS -- TO LIVE MORE SIMPLY, IN WHICH CASE THERE WILL BE PLENTY TO GO AROUND. But I sorry to say, that is very unlikely to happen!

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