Wednesday, 17 February 2010

Money ???

I know nothing about the heady world of high finance or how the banking industry works, intrest rates, Inflation, stock and shares etc.etc.etc.  So when the recession hit I just went "oh OK". I was all blamed on the bankers for doing what ever it is they do. The tax payer was then called in to bail out the banks. This means that apparently we now own the banks.... but we don't really, all money once belonged to tax payers so we own everything really if you think about it. Now whenever the banks spend a load of money on something people start jumping up and down and moaning about how it's our money and they shouldn't pay bonus's etc.etc.  SO why has no one complained about the 6 nations rugby, this is sponsored by the Royal Bank of Scotland, they probably spend more money on that than they do on bonus's.
I say if you're not going to complain about everything then don't complain about something. You wouldn't catch me moaning....

Another thing thats been bugging me for ages is all this fuss over MP's expenses. To be perfectly honest if I worked for a company that let you claim expenses then I would. Loads of company directors put everything through expenses, it's a common practice in the world of self employed people. There are loop holes you can drive a truck through to get things past the tax man, so why do people complain about the MP's ? Ok so some of the things they've claimed for seem a bit suspect, but they have all been within the guide lines of thier rules. I'll tell you why, it's this belief that its the tax payers money that they are spending. Technically yes it is the tax payers money, but MP's are also tax payers and they get paid around £65 grand a year which means they are in the higher tax bracket, so pay a darn sight more tax than me. This works out to nearly £20 grand a year tax they pay,  so frankly if one of the claims a few hundred quid for the garden to be done who cares. If they've found a loop hole for claiming on second homes then good for them. Should they pay it back ? I don't think so, it was all within their rules at the time.
The 3 MP's that are being done for fraud should be done for fraud as it's a crime they claimed for things that they didn't have, but leave the others alone, it's just silly. Simon Cowell pays more in tax a year than all the MP's have claimed for.

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