Wednesday, December 18

Getting screwed by the boom ?

Tonight we are once again in Britain being told our economy is growing . Apparently 250,000 more people have gained employment . Unfortunately these are part time , low payed jobs . No body is winning here . Oh hold on , yes someone is winning ! Big business must be laughing . They have everything they ever wanted . Wages not keeping place with inflation , and a steady supply of money from the banks who have borrowed from bonds created by the government at a interest rate of half a %  . That's artificially created money too ! The final winners however are the banks again as now employment has grown interest rates may be raised safely . Raised for who ? Oh , yes us !  That will be mortgages and credit cards then . We loose again while all this new money comes nowhere near us unless its to screw us . Not good and no hope for the future..
   The older I get the more I dislike capitalism . A business , a small business struggles to make a profit . After generations of government they have made sure of this . If it wasn't for accountants moving figure around to various benefits in yearly accounts few business's would survive . Unless you run a small business you will not know this , Its a taboo ive not yet heard broken . Not good . Capitalism does encourage competition in the small , but fixes profit for the large company's . Its loaded and it stinks . It props up the status quo .

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