Budget Bollocks and Pension Potholes

George Osborne presented his new budget last week with liberalisation of the pension system.

Spinners and losers had a ball this week with Osborne’s budget. Gold and glory was promised to the old folks, and the rest could lavish in reduced tax on bingo and a 1p cut in beer duty. So for every hundred pint we buy, we save a quid. Thanks George that really changed my life!

The new pension reform is supposed to grant bucketloads of freedom to the walker-brigade. Apparently old proles will cruise around down-town in their new Lamborghinis, picking up blonde chiquitas gold digging for their pension pots.

George Osborne is a full blooded radical right-winger with wet dreams of a marginal state outsourcing services to international corporations, and he don’t hide it. Given permission by the voters in 2015, he will push for a shrinking of the public sector to a size not seen since the post-war era.

The old system needed reform but not in this direction. The reform will affect millions who have saved for a stable future. Now they are expected to carry the risk themselves, not all of us together as a society.

Sadly there is no organised opposition to the new reforms in the Commons, as Labour insists on it’s conformism and letting the coalition dictate the rules.

 

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