#G369* – £ BILLIONS of DEBT & CAMERON’S DILEMMA
Mr. Cameron plans to save some money this afternoon – just consider how much he thinks he will save relative to some other aspects of life LIKE FACTS!
Astonishingly the figures The Spectator shows the Debt in Britain based upon National debt:
Taken from public sector net debt figures (PSND) in Table B13 of Pre-Budget 2009. PSND rising from £618.8 billion on 5 April 2009 to £798.9 billion a year later. This is the most conservative of the available debt indices as it excludes liabilities for PFI deals, public sector pensions and bank bailouts.
Family share: Calculated by dividing the national debt figure by the number of households in the UK. Number of households taken as 25.7 million, as per the written answer to a Parliamentary question in March 2009.
I find this a quite scarey enough figure, but when New Labour and the economically illiterate Gordon Brown and the neo Communists of Common Purpose, Fabianism and the Communist Party itself, that was the mentor and partner of New Labour, were thrown out of office – to repackage and represent their largely Marxist ideals suitable to the clearly Marxist control mechanisms of the malevollent EU, a more real figure of debt was apparent!
Taking into consideration the actual debt and presenting that with the debt by forward commitment and such hidden debt as faux pensions for the parasitic and kleptocratic QUANGOcracy that burgeoned to support the clearly Marxist aspirations of Labour, together with the largest privatisation of industry and assets in history during the unlucky 13 years of their misrule and abuse of PFI – We find the real debt that lands upon the Nation’s doormat is more accurately portrayed as £3 Trillion.
In the last 2 weeks of Labour’s abuse of power their actions in linkage with the debt and easment of the EU and such profligate failed Nations as Greece, Portugal, Spain Italy & Eire amounted to a devaluation of 8% of our Nation’s total wealth!
Let us stick with figures a little more comprehendible (relatively!!) and let us stick with the PSNB of the clock above and realise that the £800+ Billion, as shown, means that if the Government could negotiate an interest free status for this debt and they commenced paying it off on 01-January-2011 at the rate of £820 per SECOND the debt would be settled by July 2042.
That would be a repayment of £1,152,000 per day – A huge number until you realise the Institute of Directors estimated some 10 years ago, and it has risen hugely since, that membership of the EU cost these United Kingdoms £1.8 Million per hour 24/7!
That is £15.8 Billion per annum yet Labour handed over £14 Bn. after they had been voted out of office to their Communist chums in the EU ostensibly to fund Greece’s profligate life style and outright lies but it did look like buying positions for their personal futures! Be minded that Tony Blair has amassed a fortune approaching £100 Million since he was dumped!
ONE Billion is in itself a VERY large number!
1Bn. seconds ago it was 1963
1Bn. Minutes ago The Christian era had not begun as Christ had not been born!
1Bn. Hours ago bi pedal mammals did not exist!
Politicians speak glibly of £Billions of OUR money but I have every doubt that they haven’t a clue what a Billion is!
Clearly in financial and moral terms there is absolutely no justification for Britain’s membership of the anti democratic EU!
“In politics, stupidity is not a handicap.” Napoleon Bonaparte (1769-1821),
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British Politicians with pens and treachery, in pursuit of their own agenda and greed, have done more damage to the liberty, freedoms, rights and democracy of the British peoples than any army in over 1,000 years.
The disastrous effects of British politicians selling Britain into the thrall of foreign rule by the EU for their own personal rewards has damaged the well-being of Britain more than the armies of Hitler and the Franco – German – Italian axis of 1939 – 1945.