Just in case anyone thought the BNP's new, more respectable image was anything other than a facade to hide their more sinister views.
Hat tip: Sadie
The number of millionaires in the UK has more than halved since 2007 as house prices, share values and bonus payments have tumbled.Personally, if it wasn't for the accompanying unemployment I'd be over the moon at this kind of rise in equality.
About 242,000 people now have assets of more than £1 million, down from 489,000 in 2007, according to estimates from the Centre for Economics and Business Research (CEBR). Millionaires have seen nearly a quarter of their wealth wiped out over the past two years.
The rating could be lowered if we conclude that, following the election, theWhich is essentially them saying that the government should cut public spending, and that's what really winds me up. The announcement does in my view blur the lines between the political in the professional. In this case I can't see how S&P can say with any accuracy that reducing the deficit at their faster rate will somehow leave the economy in better shape to pay off the national debt.
next government’s fiscal consolidation plans are unlikely to put the U.K. debt
burden on a secure downward trajectory over the medium term… Conversely, the
outlook could be revised back to stable if comprehensive measures are
implemented to place the public finances on a sustainable footing, or if fiscal
outturns are more benign than we currently anticipate.
The BNP has a hard line socialist economic policy, more in common with a Communist or National Socialist party than that of one qualified to deal with the current economic crisis. It is well documented that wages rise in a free market, protectionism reduces income and increases unemployment yet the BNP say:
“[T]he BNP calls for the selective exclusion of foreign-made goods from British markets and the reduction of foreign imports. We will ensure that our manufactured goods are, wherever possible, produced in British factories, employing British workers.
“When this is done, unemployment in this country will be brought to an end, and secure, well-paid employment will flourish”