Just a cople of links to the latest Daily Stirrer posts:
Japan’s Triple A credit rating has just been downgraded, that of the USA is looking a long way short of secure.What is going on in the world of finance when economic powerhouses like these are in trouble? Is the continuing financial criis and the threatened meltdown in the bond market just a knock on effect from 2008’s problems or is something bigger going on?
The Debt Threat To Our Way Of Life
Francis Maude, the Cabinet Office minister, claimed that many PFI deals were “ghastly” and imposed an unfair “penalty” on schools, hospitals and other public services. It is understood that Cabinet Office and Treasury officials are examining PFI contracts worth billions of pounds, looking for ways to claw back money for taxpayers. Signalling an end to the era of PFI.Coalition Government Urged To Make PFI Profiteers To Repay Funds
Well that’s nice of him but although the worst PFI deals were made by Labour let’s not forget it was the Tories who introduced the scheme when Maggie was running things.