Best of the Week
Most Popular
1. Climate Change Mass Extinction - Birds, Bees and Bugs: Going Going Gone - Richard_Mills
2.A Purrrfect Gold Price Setup! - Peter_Degraaf
3.Who Finances America's Borrowing? Recession Indicator for Independent Thinkers Part 2 - F_F_Wiley
4.America’s One-sided Domestic Financial War - Raymond_Matison
5.Gold Price Summer Doldrums - Zeal_LLC
6.Two Key Events Will Unleash Gold - Jim_Willie_CB
7.Billionaire Schools Teacher in NAFTA Trade Talks - Richard_Mills
8.Get Out Of Crypto Cannabis Bubble Before It Pops and Move Into Bargain Basement Miners - Jeb_Handwerger
9.Stock Market Could Pullback for 1-2 weeks, But Medium Term Bullish - Troy_Bombardia
10.G7 Chaos, Central Banks and US Fed Will Drive Stock Prices This Week - Chris_Vermeulen
Last 7 days
How Crazy It Is to Short Gold with RSI Close to 30 - 16th Jul 18
Markets Pay Attention Moment - China’s Bubble Economy Ripe for Bursting - 16th Jul 18
Stock Market Uptrend Continues, But... - 16th Jul 18
Emerging Markets Could Be Starting A Relief Rally - 16th Jul 18
(Only) a Near-term Stock Market Top? - 16th Jul 18
Trump Fee-Fi-Foe-Fum Declares European Union America's Enemy! - 16th Jul 18
US Stocks Set For Further Advances As Q2 Earnings Start - 15th Jul 18
Stock Market vs. Gold, Long-term Treasury Yields, 10yr-2yr Yield Curve 3 Amigo's Update - 15th Jul 18
China vs the US - The Road to War - 14th Jul 18
Uncle Sam’s Debt-Money System Is Immoral, Tantamount to Theft - 14th Jul 18
Staying in a Caravan - UK Summer Holidays 2018 - Cayton Bay Hoseasons Holiday Park - 14th Jul 18
Gold Stocks Summer Lows - 14th Jul 18
Trump US Trade War With China, Europe Consequences, Implications and Forecasts - 13th Jul 18
Gold Standard Requirements & Currency Crisis - 13th Jul 18
Focus on the Greenback, Will USD Fall Below Euro 1.6? - 13th Jul 18
Stock Market Outlook 2018 - Bullish or Bearish - 13th Jul 18
Rising Inflation is Not Bearish for Stocks - 13th Jul 18
Bitcoin Picture Less Than Pretty - 13th Jul 18
How International Observers Undervalue the Chinese Bond Market - 13th Jul 18
Stocks Trying to Break Higher Again, Will They? - 12th Jul 18
The Rise and Fall of Global Trade – Redux - 12th Jul 18
Corporate Earnings Q2 2018 Will Probably be Strong. What This Means for Stocks - 12th Jul 18
Is the Relative Strength in Gold Miners to Gold Price Significant? - 12th Jul 18
Live Cattle Commodity Trading Analysis - 12th Jul 18
Gold’s & Silver’s Reversals’ Reversal - 12th Jul 18
The Value of Bitcoin - 11th Jul 18
America a Nation Built on Lies - 11th Jul 18
China, Asia and Emerging Markets Could Result In Chaos - 11th Jul 18
Bullish Gold Markets in the Big Picture? - 11th Jul 18
A Public Bank for Los Angeles? City Council Puts It to the Voters - 11th Jul 18
Yield Curve Inversion a Remarkably Accurate Warning Indicator For Economic & Market Peril - 11th Jul 18
Argentina Should Scrap the Peso and Dollarize - 11th Jul 18
Can the Stock Market Close Higher For a Record 10th Year in a Row? - 11th Jul 18
Why Life Insurance Is A Must In Financial Planning - 9th Jul 18
Crude Oil Possibly Setting Up For A Big Downside Move - 9th Jul 18
BREAKING: New Tech Just Unlocked A Trillion Barrels Of Oil - 9th Jul 18
How Trade Wars Penalize Asian Currencies - 9th Jul 18
Another Stock Market Drop Next Week? - 9th Jul 18
Are the Stock Market Bulls Starting to Run? - 9th Jul 18

Market Oracle FREE Newsletter

5 "Tells" that the Stock Markets Are About to Reverse

MP's Non-Existant Mortgage Fraud, Where are the Police?

Politics / UK Politics May 30, 2009 - 04:34 PM GMT

By: Nadeem_Walayat

Politics

Best Financial Markets Analysis ArticleA number of MP's have claimed thousands in tax payer monies for mortgages that do not exist. Whilst virtually all MP's have hidden behind the "within the rules" mantra as to why they defrauded the tax payers "LEGALLY", however claiming monies for non existent mortgages brings the matter into criminal law which supercedes all other law with the only exception being the Queen as the head of state.


Therefore the question that needs to be raised is where are the police ?

Why have the MP's suspected of mortgage and other fraud not been questioned under caution ?

MP's That have Claimed for Non Existant Mortgages

While the number keeps growing the following are confirmed as MP's that have claimed for non existant mortgages, who have stated that they will step down at the next general election which ensures a tax payer reward for upto £175,000 as a thank you for allegedly defrauding the tax payers (£65k 1 year salary, £65k resettlement grant, £44k winding up allowance), plus an additional £30k per annum pension. If that were not bad enough, at least 50 MP's have applied to be appointed to the House of Lords and thus ensure the tax payers continue to pay for disgraced MP's that would have been sacked in any other commercial organisation.

Labour
Labour
Labour
Conservative
Elliott Morley David Chaytor Ben Chapman Bill Wiggin
£16,800 over 18 months £12,925 over 11 months £15,000 over 10 months £11,000 over 10 months
Will Stand down at Next General Election Suspended by the Labour Party Will Stand down at Next General Election Claims Due to Form Filling Error

 

However the above is but the tip of an iceberg as the House of Commons is littered with MP's that have claimed for houses that they have not lived in, primarily houses for the purposes of flipping (profiting on without paying capital gains tax) and for the benefit of members of their families, the total could run to some 200 MP's or a third of the House of Commons.

The Metropolitan Police announced 2 weeks ago the formation of a special committee to look into MP expenses, it is highly likely that the first prosecutions will not take place until after the next general election.

European Elections

The fallout from the MP expenses scandal continues to hit all three major parties with the biggest winner to date being the dubious UKIP as the most recent poll in the Times illustrates with Labour on just 16%, Lib Dems on 12%, Conservatives on 30% and the UKIP now on 19% which a month ago was trailing at 6%. It truly is a sad day when MP's that have disgraced the House of Commons do not have the decency to quit, they truly are rotten to the core and choose to cry crocodile tears whilst dubious fringe parties such as UKIP benefit, who's MEP's have shown themselves to be far more criminal in their behaviour, crimes which include false accounting and money laundering coupled with jail sentences, and yet worse a number of voters have turned to support for the BNP (British Nazi Party).

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.

Nadeem Walayat Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Guppy
31 May 09, 01:14
UKIP

UKIP has suffered bad apples in the orchard like every other party, but has booted them out so that they are now merely a blot on the memory horizon which parts of the media like to continually bring up. But don't lose sight of UKIP's objective which is to place in front of the public what is actually happening. UKIP does this very well. Is the status quo to your liking ? It certainly is NOT for thousands of people in the UK. Let them speak for themselves about the fraud & corruption of the EU through the ballot box. Of course, this country can stand on its own feet and trade freely world-wide. Only the unelected boffins of Brussels think we must not be allowed to. Let's put them in their place on 4th June. Ante UKIP propaganda is, after all, only a damage limitation exercise. Those who talk it up are afraid of the actual truth. Stuart Guppy UKIP St. Ives & The Isles of Scilly.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules