The whole world has been concerned about debt for quite
awhile now since the financial crash in 2008/9 and if you read a daily newspaper
or watch any news programme on TV then there is always an article or some
coverage of the state of the Euro, the Dollar, Sterling, Mortgage rates or the
crisis in Greece, Cyprus, Italy, Ireland etc.
On a personal level I try to avoid debt at all costs. I try
never to be overdrawn, always pay off my outstanding amount on my modest
collection of two credit cards and even actually try to save some money for my
retirement, which in my case can’t arrive soon enough. I do understand that
many people are suffering with all the benefit cuts, unemployment and the
minuscule increases too most people’s wages. I am quite lucky that my pay
generally increases every year, but that is only through Union negotiation
because if it was left to the management of my company they would give me
nothing at all. Union’s generally have a bad press and admittedly I do not
agree with everything they try to do but overall I would not be in a workplace
and not join the Union if there was one in situ.
Unfortunately this financial crisis has not hit the top
level that governs and makes decisions that affect our daily purse; they often
own mega-companies are chief executives, board members and are the higher ranks
in our financial services. These people earn far too much and do not distribute
their wealth, talent, benevolence to the benefit of the people they just
continue to exploit the system which they have created in their favour to make
more money. I would like to ask this question of these types of individuals,
when do your large amounts of money become irrelevant ? you surely cannot spend
it all, and it must get to a point where it becomes meaningless.
We are currently run by a bunch of toffs from Eton, who have
never worked in a Greggs, a call centre, a mine, driven a bus, removed your
bins, sat in an office in front of a pc for seven hours a day week in week out
etc etc. Yet these Tory toffs are making decisions that have no consequence to
them at all. I am at Socialist at heart and despise them all but when it comes
to voting again I expect I will not vote because there is no political party
that represents my general view of the world and our society.
As per normal I started one topic and moved into another.
As an old Labour supporter I say to Ed Milliband sort it out mate or
Labour are as doomed as the Liberals who sold themselves down the river when
they made their coalition deal with these devil’s.
Enjoy
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