Monthly Archives: September 2013

Stop Clobbering The Rich

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As ridiculous as it is kicking the rich is a very attractive sport at the moment and the Lib Dems (aided and abetted by the Labour Party who do not want to be left out of the game) are spearheading the charge.

It is absolutely clear, as night follows day, that there seems to be an unseemly scrabble between Labour and the Lib Dems for the left wing mantel to try to establish a perceptible difference between them and the Tory Party. Continue reading →

Vince Cables Land Tax Grab – What Do We All Think Of This?

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Bless him; our somewhat elderly (perhaps scholarly) Trade Minister, I think, has exceeded his ‘sell by date’ by a good margin.  I think the nurse needs to come and administer the medicine.

Land Tax, have we not been there before with rates?  This system was reformed by the Tory’s to create the Council Tax since each person has a responsibility for paying towards local community services rather than just the landowner. Continue reading →

RICS 5% Cap On Housing Prices Is Unworkable And Fanciful

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How could anyone argue against prudent lending of any kind, but particularly with mortgage applications, to stop the problems of the past by way of massive mortgage defaults by consumers who over extended their financial capability?  I suppose that there is only so much available funding and mortgagees, in the post credit crunch era, have been careful not to encourage applicants to take on more debt than is healthy but the Bank of England and the Treasury should monitor this closely to make sure that around the fringe there are no abuses of the system. Continue reading →