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U.S. House Prices Analysis and Trend Forecast 2019 to 2021

Corrupt Labour Government Ministers Have Their Snouts In the Trough

Politics / UK Politics May 08, 2009 - 12:33 PM GMT

By: Nadeem_Walayat

Politics

Best Financial Markets Analysis ArticleTory supporting newspaper, The Telegraph has pulled off a scoop of getting their hands on outrageous and unforgivable MP expense claims right from the Prime Minister downwards albeit at an alleged cost of £300,000 paid to the leaker which the Police are looking into.


Labour Party Elite with their Snouts in the Trough

The Prime Minister, Gordon Brown claimed £6,000 for 'cleaning services' paid to his brother, as well as on the make from property switching transactions.
The Chancellor of the Exchequer, Alistair Darling, grabbed £10,000 of tax payers cash in his own property market stamp duty boost as well as changing house every year for 4 years to max out on expense claims. Caroline Flint, Europe Minister following his example by making a grab for £14,500.
Communities Secretary, Hazel Blear shuffles between several properties in the same year so as to get them furnished at tax payers expense.
Justice Minister, Jack Straw, over claims for council tax and mortgage bills.

 

There should be little surprise now as to why Labour Ministers were so eager to offload £2 trillion in liabilities from bankrupt banks onto the backs of tax payers, as clearly there is a culture of ripping off the tax payer and lack of any credibility in the handling of public finances as clearly most MP's view Parliament as a means to milk as much cash out of the tax payers as possible. With many, many more instances of similar abuses of power at tax payers expense at the telegraph site. These revelations follow hot on the heels of recent coverage of other abuses such as the Home Secretary Jacqui Smith claiming expenses for porno films.

What happens next ?

Well, we 'should' get to see how far the Top Tories have their snouts also in the trough. It remains to be seen how partisan the telegraph is in this regard if they FAIL to publish the long list of Top Tory tax payer cash grab.

By Nadeem Walayat
http://www.marketoracle.co.uk

Copyright © 2005-09 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 20 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on the housing market and interest rates. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 250 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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Comments

michael
17 May 09, 07:08
corrupt M.Ps

For a truly

corrupt party vote

Labour or Tory or Lib-dem.


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