NEITHER Mr Darling’s Budget Speech, nor the published documents, informs the electorate who is benefiting from the billions of pounds being extorted from wage earners.
One assumes that these billions are being repaid to international investors and speculators who were seeking the highest interest rates with reasonable safety – but these are professional investors who knew the risks, and therefore should suffer the penalty for their misjudgement.
Yet Mr Brown has decided, without a Parliamentary vote to bale out these mainly foreign investors through high taxation of the working class, and future generations, which the Labour Party should be dedicated to protect.
The electorate are entitled to the truthful answer to the question “Who is benefiting from the crippling debt being placed on the British Taxpayer ?”
Mr Brown’s repayments cannot restore the reputation of our Banks’ expertise - that is already shattered.
John Riddington., Southampton.
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