Daylight Robbery: Brown's Kleptocracy: Originally Posted by Ripskar
Bank of England base rate; 5.5%
Living Wage, say 12,000 per annum.
Capital required to "live off your inheritance" would be quarter of a million. but that's pretty lean (£250 per ...
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Originally Posted by
Ripskar
Bank of England base rate; 5.5%
Living Wage, say 12,000 per annum.
Capital required to "live off your inheritance" would be quarter of a million. but that's pretty lean (£250 per week). What are your expences Jo? How much capital would you require to maintain your lifestyle without work?
If you own a house then your living expenses are vastly reduced. If I owned my house outright at the present time my monthly outgoings would be roughly halved. If this were the case I could afford to work maybe 3 days a week instead of 5 - in other words there is a disincentive to work. If you can work half the amount of time to achieve the same standard of living, wouldn't you choose to do that? Sticking money in a bank account is in any case the bare minimum you could make from your money.
“When I give food to the poor, they call me a saint. When I ask why the poor have no food, they call me a communist” - Helder Camara
“It is not the will of God for some to have everything and others to have nothing. This cannot be God” - Oscar Romero
"It is my conviction that killing under the cloak of war is nothing but an act of murder" - Einstein
"We do know that no man can be saved except through Christ; we do not know that only those who know Him can be saved through Him" - CS Lewis
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Gordon Brown and his rotten Labour govt have been plotting against their own people!!
Gordon Brown and his rotten Labour govt have been plotting against their own people!! At least they treat Brits as low-branded mob. I was just bursting with indignation when reading about the Labour plan to bar Brits from voting and debating the new basic EU agreement destined to substitute the European Constitution. Fancy the thing! They want this vital document regulating our lives to be ratified quietly in the parliament. Aren’t they in the know that 87% of the interviewed Brits are supportive of the nation-wide debates?!
Well, I see this scornful attitude of the Labour govt as a very bad sign. If we all swallow this they’ll soon introduce some form of the authoritarian governance here. I’d rather kick them out!
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