Sunday, 22 February 2009
Brown is just running one large Ponzi scheme
Ponzi schemes continue to work on the "rob-Peter-to-pay-Paul" principle, as money from new investors is used to pay off earlier investors until the whole scheme collapses. For more information, please read pyramid schemes in our Fast Answers databank.
Heard this one on Radio four this morning-
Madoff gets arrested for running a Ponzi scheme,Stanford is under investigation for the same, however Brown pedals the same lie and is still at large , that if you buy into (forced into) the State Pension scheme you will get a living pension.
The only people this will apply to is MP's and Public sector workers- the reality is that the rest of us will be compelled to work until we drop, still paying tax and NI.
Understand that the FBI are looking for Brown, alternatively you can join the LPUK who are committed to abolishing Income Tax and NI, and instituting root and branch financial reform.
Brown signals the end of 100% mortgage deals- more populist claptrap. A mortage is a private contract- nothing to do with the State you tosser.