The UK is not a two party system. Right now the dominant parties in the UK Parliament are the Conservatives, Labour and the SNP. The previous government was a coalition with the Lib Dems.
The banks do not control democracy. Governments control banks. I know this may be painful to hear, but just go talk to people who work in banking about how many of their banks staff work in "compliance" i.e. implementing the wishes of all the various government agencies. You will be amazed at how many thousands of people (in some big banks, tens of thousands) do nothing all day but implement various regulations.
I'm happy for every single one of these parasites to leave and never come back.
You say that now, but you wouldn't be. The UK has a very narrow tax base. That means most tax is paid by a tiny number of people.
In the UK the top 1% of earners pay about 30% of all income tax. In the USA the statistic is even worse, 1% of all earners pay 50% of the income tax. These figures have been going up over time.
In short, the government is paid for by ever fewer people, who pay ever more tax. This makes countries very vulnerable to them just leaving. That's the underlying reason why the British government fights so hard to defend the city, and why Osborne was willing to take the political hit of reducing corporation tax in his last budget. If the big earners leave, then any chance of ending austerity within the next 20 years is gone for good. The UK would need to start doing actual, serious austerity - like shutting down large parts of the NHS.
If we need to issue more currency to facilitate this then fine, it's fiat.
All that does is tax people through inflation instead of direct payments. The UK has been there before, in the 1970's. It resulted in the country going to the IMF for a bailout, Greece style. If you think people buying houses just to protect their wealth is a big problem now, a few years of trying to fund a massive deficit through money printing would show you what's truly possible when people get desperate.
These guys are guilty, we all know it.
That's right. Burn the witches. Worry about the consequences later.
The banks do not control democracy. Governments control banks. I know this may be painful to hear, but just go talk to people who work in banking about how many of their banks staff work in "compliance" i.e. implementing the wishes of all the various government agencies. You will be amazed at how many thousands of people (in some big banks, tens of thousands) do nothing all day but implement various regulations.
I'm happy for every single one of these parasites to leave and never come back.
You say that now, but you wouldn't be. The UK has a very narrow tax base. That means most tax is paid by a tiny number of people.
http://www.economist.com/news/leaders/21618784-taxes-are-bes...
In the UK the top 1% of earners pay about 30% of all income tax. In the USA the statistic is even worse, 1% of all earners pay 50% of the income tax. These figures have been going up over time.
In short, the government is paid for by ever fewer people, who pay ever more tax. This makes countries very vulnerable to them just leaving. That's the underlying reason why the British government fights so hard to defend the city, and why Osborne was willing to take the political hit of reducing corporation tax in his last budget. If the big earners leave, then any chance of ending austerity within the next 20 years is gone for good. The UK would need to start doing actual, serious austerity - like shutting down large parts of the NHS.
If we need to issue more currency to facilitate this then fine, it's fiat.
All that does is tax people through inflation instead of direct payments. The UK has been there before, in the 1970's. It resulted in the country going to the IMF for a bailout, Greece style. If you think people buying houses just to protect their wealth is a big problem now, a few years of trying to fund a massive deficit through money printing would show you what's truly possible when people get desperate.
These guys are guilty, we all know it.
That's right. Burn the witches. Worry about the consequences later.