Anyone under the age of 50 will not be guaranteed a State pension as the country is up shite street without a paddle. This country is 3rd after Ireland and Japan that is high in debt and it cannot carry on.
Private pensions are being robbed anyway and people are finding that they are not getting back what they put into them so they are really a waste of time.
No government will ever tackle Welfare State reforms as they know they will be voted out but there is simply no money and borrowing more will make things even worse. This monetary crisis has been growing ever since the 1900's and has been made worse by two World Wars.
The people in charge haven't a clue and have the money anyway to cushion them but when the man in the street finds he cannot withdraw his money from an ATM and the Bank of England cannot honour those words printed on bank notes, I Promise To Pay The Bearer because there will be no money, I dread to think what the outcome will be.
When the State pension was first implemented no one envisaged that people would live longer as the average age was far lower than what it is today. Most people eligible for an old age pension never collected it as they were dead before they reached the age of entitlement so it was never paid out to a lot of people.
People should try to invest in gold as although it's price goes up and down it does not devalue like money does due to inflation.
Cameron has had to sell off the Royal Mail because there is no more money in the pot unless he borrowers more and adds even more to the National Debt.
Source(s):
Financial pages and newsletter from Moneywise
Very simply because they make money from doing so.
Setting the economic garbage and other perversions originating from the mentally sick necrophiliacs and pedophiles at the cesspit known as University of Chicago..... very simply "Conservatives" (questionably) use the mandate and competences they obtain in office, to enrich themselves by forcibly selling public assets (normally created with taxpayer's money) at rock bottom prices to themselves and their cronies.
This is to put it very simply corruption.
I don't think that Conservatives actually have the legal right to privatize state assets and there is a case to be made that the taxpayer (although not a shareholder generally) is a stakeholder and the government holds public assets in a kind of trust for the tax paying public.
Privatization is thus a kind of fraudulent appropriation.
They can off load responsibility.
Many are involved with the private companies and reap the benefits of being directors.
They give the idea that there will be more money for the civil sector.
As we all know from the past - services usually get WORSE and COST MORE!
'Privatizing' is another one of those current economic fads. 'Hating' your government is usually promoted by fast buck organizations that want to get a piece of the action. Like sharks smell blood in the water, these bums smell cash money if they can convince enough people to turn over public funds to them...such as private prisons and instead of a non-profit 'government' HEALTH INSURANCE plan they promote a 'for profit' insurance plan run by the insurance mafia... a plan that sucks huge amounts of cash out of the pockets of working class people. It's a racket! It's a scam! It's a swindle! It's legal robbery!
well the current government at the moment is the conservatives and the liberal democrats. The conservatives believe in private companies and competition, so obviously they don't like nationalized companies.
this is dumbed down quite a lot and if you want to learn more I would advice looking at the conservatives website which will show you there basic ideology which is individuality, competition, every person for themselves.
That is what Conservatism is about! Capitalism, free enterprise, a free market, and smaller government. That is exactly what took America to it's dominant position, and that is exactly what has taken China to it's fast approaching dominance. Socialism and state owned organisations simply do not, cannot, bring prosperity. We have all seen the ultimate results of state owned enterprises, in the Communist USSR and China. State ownership simply DOES NOT work, never has worked and never will work. Capitalism has it's bad, indeed vile, side, but it WORKS. Those who haven't grasped that are the stupid ones.
If Brown and his cronies, including Miliband hadn't bankrupted the UK, Cameron wouldn't have to resort to these measures to top up the coffers. The Labour minister even left a note saying " Sorry there's no money left. Good luck. " when the Alliance took over. Look at the state of the NHS because Labour farmed it out on PFI contracts, hospitals being charged ￡52,000 to change a light fitting!
Why are we beholden to greedy utility companies & money-grabbing share-holders today?
Might have something to do with thatcher selling them off when she was PM.
That's the conservative way.
And yes it's a damn shame the nation can't buy them back.
Not many people I know aren't worrying about their bills this Winter.
Due to Labours profligacy financially when they were in power the cupboard is bare and the present government needs the money to keep the uk on it`s feet and avoid bankruptcy and a scenario similar to Greece.
Just the royal mail not "everything"
in the news everything i hear just recently is about strikes and the government privatizing this and that.....including them privatizing royal mail ?
why is stupid cameron doing this ? i agree with ed milliband when he says cameron is 'weak' even though ed would be even weaker.
why is this government privatizing everything ?
it all part of the plan to transfer all wealth to the 1 % and turn you into an economic slave .
