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Collapsing-Reactor

Money Tree worshipping mad leftie Malcolm Stacey talking rot again

I wonder if it was his years at the BBC which saw my pal Comrade Malcolm Stacey infected with the mad lefty virus. Becuase the old Money Tree worshipper does talk some awful rot and today's column from him HERE is a classic. I feel forced to point out in the interests of balance why he is spouting total gibberish.

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Comments


  1. wildrides

    Firstly ……….. I know where the money tree is . The Scots nicked it and replanted it in “thin lipped” Nicola “Tree Surgeon” Sturgeon’s back garden . We need to get it back and plant it where it should be in Liverpool .
    Secondly ……… the working poor dont pay any tax ………. until they spend their wages and lose some to VAT . They stay poor because they waste most of it on palliatives , junk food , fags and booze and the obligatory SKY ( as if one cant find enough shite on free to air ) I know some people that pay more to SKY than I pay to Standard Life for my morgage !
    Thirdly ………. the poor stay poor because they have too many kids . Whilst the rich get their status from material trappings , the poor get their status by breeding a football team and getting a bigger gaff from the social services if they are really lucky .
    Forth ………… the country stays poor because almost every small business manipulate “profit” so that they pay no tax . The core sole trader / partnership trades business types . You know the ones . They have a fancy house , drive a fully loaded Disco HSE and the wife has a new Fiat 500 in pearl metallic every two years or a VW Beatle in lime green metallic .Yet ……… their kids got the grant to stay on at sixth form . Some how their kids manage to get extra “poor family” funding at Uni . Half the poor are not really poor ……… they just play the system because the system is badly designed and allows them to do it . Put em all on a flat rate minimum PAYE tax regardless of “profit” and the countries money problems would soon vanish .
    You watch how all the ones that are doing it will come out and slag me now ………. But I have got your number ………… and come the revolution …………;-)

  2. seems to me amongst the real scroungers are the city wonga lenders and their over paid, under-performing incompetent boards that support reduced taxes, and protection of their sham companies that pay them dividents to reduce their ill-gotten gains. No enough is said about these self enriching incompetent wealth destroyers


  3. turbograndad

    You just don’t get it do you, both of you, perhaps Zack can chart our way out of trouble, look back in anger.


  4. Forty Two

    We already live in a socialist paradise. Marginal tax rate of 45% and budget deficit is by any accounts a fabulously socialist economy.

  5. I see the biggest state scrounger and historical family of physical forceful theft has opened parliament; itself the justification for the continuation of business and vested interests.


  6. Russ O'Callaghan

    All of you seem to have an extremely (enviable) simplistic view of what is possibly one of the most complex societies that any major industrial country could be blessed/cursed with. So many countries on an economic par with us have societies that are more mobile, much poorer, fairly richer, less/more educated than ours but are far easier to understand.
    Of the societies that I’ve had personal experience of Denmark is much more homogenous in terms of income and historical cohesion, Germany is a little more extreme in its distribution of wealth, but neither have the number of bizarre, almost tribal undercurrents that are factors in British politics and society.
    Some countries have the religious interests that we still see in Northern Ireland, some have extreme notions of class, race and caste, some have numbers of workless and workshy and so on but I’ve yet to discover a country like ours where ALL these factors and many more play such a huge role.
    Sorting out Britain is certainly not for the faint-hearted. Look at the recent election where bunches of fantasy-nationalists fought with bunches of fantasy-traitors! Not an issue that most advanced industrialised nation-states. have to cater for!
    Not for me, Mate. I’m only too pleased that it’s all squirming in David Cameron’s lap and not in mine.

  7. China solved the poverty problem with its ‘one child’ policy. If we just capped child benefit at 4/3? that would help. I know of some women who continue to have children so they don’t have to get a job (or a husband). The Today program last year reported that 3 women in Britain have had 15 children each. All of whom have been taken into care. Answers on a postcard please.

  8. Never understood this bollocks about benefiting at the expense of future generations.
    Somehow magically future generations must be able to pass back in time their output of goods and services for us to consume and enjoy at their expense.
    Don’t think so. Just more deficit hysteria.


  9. Russ O'Callaghan

    Absolutely agree, Marvin. It’s constantly in the papers; pure unadulterated “Greenwash”.

  10. Marvin, who pays the interest on the enormous National Debt that has been run up over the last 15 years if not future generations? I guess we can always print more £££s and try to debase the debt via our currency and screw over some prudent savers amongst the current generations. What do you reckon?

  11. The government pays the interest.
    It presses a button. The hard working taxpayer doesn’t even notice.
    It’s probably better to try thinking about the spent interest funding the ability of future taxpayers to pay their taxes or future government bond holders to be able to ‘lend’ to the government rather than anything funding the government.

    Remember Currency always bails out Bank money. Bank money never bails out Currency.


  12. J P Spaghetti

    “but neither have the number of bizarre, almost tribal undercurrents that are factors in British politics and society”

    So true Russ. The English Channel has indeed been both a blessing and a bane. The last time we were successfully invaded was – I guess – 1066, and as the only country in western Europe to have never suffered despotism since and had our rights forcibly ousted from us through conquest we make do with petty squabbles and insane euphoria about kicking balls around fields.

    I dread interviews on the street with the general public on news programmes for fear I won’t be able to understand my fellow countrymen – clear speaking is a sure sign of betraying ones roots/class and uppityness and all that nasty dangerous bullshit, after all!

    There’s little endearing about moronic hostility!

  13. Marvin,

    What you’re describing is a debt-based monetary system that is capable of growth ad infinitum. There is one slight flaw in the plan though. What happens when the debt is so huge that the debtor (government in this case) can barely afford to repay the interest on the debt, let alone the principal? Yeah, they press a button via their cronies at the central bank with the hope the public won’t notice, and I would agree that most won’t be paying attention. However, print too much and the public will notice when the cratering of the currency leads to import-led prices rising through the roof. I’d wager the Forex markets would take note long before the Public – see Japan and how the Yen has cratered since late 2012. At what point do import-led price rises start to become noticeable for the general public in the countries who’ve overdone it, re. Argentina, Zimbabwe, Weimar Germany for example. Sorry, I just cannot agree with you.

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