28th February 2009, 07:09 PM
The government has already started to tap into local government pension schemes for cash to keep projects of school renovations going.
If these long-term return loans don't match to the age range of local government employees, then there is going to be a short fall.
The local government needs to spend the money because they need to keep fulfilling their commitments to educate their communities.
The council tax was meant to be frozen, but with the loss of so much money in foreign banks by groups, including councils, its unlikely to even remain close to inflation.
The loss of some schemes to Icelandic and tax haven banks, mean that some of the cash is locked up in litigation.
This seems like the cash reserves are locked into shortfall schemes, because the youth of today live for today and safe for a splash.
This non-saving mentality could result in mass deficit.
The youth are also increasingly burdened with a financially crippling debt to become educated, which then leaves them as uuber consumers, driven by debt to meet further requirements of debt.
Investing in the future begins to sound more like a lead yoke that even Genghis couldn't shirk off.
Interesting the Mongol empire used to have a law where you had 3 opportunities to run a business and go bankrupt. On failing the third time you were executed.
No need to invest in a future, if you have already lost your head.
People are saving now but the money needs to go into non-privatised schemes, as this means that the government expenditure of pension based loans, will result in taxation for the bottom line rather than for taxation to recover a nation, which would outlast an economic climate.
The bottom line can work by keeping the finance vitalised, but then what are the politicians doing?
If they are working out bargains and deals, whose monitoring the bargains, to keep it within its own margins of viability and long-term interest.
Cross the t, dot the i. A coma here, a coma there, with millions lost either side.
Is it in the interest of the mystery magician to sell out the circle?
Which financier is going to don the mask?
Lets face it, it's too late for these questions, other than how did we lose touch with action and consequence?
To bring the parable on home:
If we as archaeologists are going to broker deals on and off the backs, of the indebted class, then at what point are we going to broker a standardised margins for error.
For now we need the cash flow, but in the long term, what does this do to those who will work those fields?
Situational standards, of a margin for error.
Work the plate, to save for the plate, but this is short termism to the n'th degree.
We?ll work to hold it together to deflate, at our own rate, but only on the grounds of a situational standard, with a margin for error.
Lose this and then will we have lost our humanity.
Finally and concertedly across the board
Thats finally,
and concertedly
txt is
Mike
If these long-term return loans don't match to the age range of local government employees, then there is going to be a short fall.
The local government needs to spend the money because they need to keep fulfilling their commitments to educate their communities.
The council tax was meant to be frozen, but with the loss of so much money in foreign banks by groups, including councils, its unlikely to even remain close to inflation.
The loss of some schemes to Icelandic and tax haven banks, mean that some of the cash is locked up in litigation.
This seems like the cash reserves are locked into shortfall schemes, because the youth of today live for today and safe for a splash.
This non-saving mentality could result in mass deficit.
The youth are also increasingly burdened with a financially crippling debt to become educated, which then leaves them as uuber consumers, driven by debt to meet further requirements of debt.
Investing in the future begins to sound more like a lead yoke that even Genghis couldn't shirk off.
Interesting the Mongol empire used to have a law where you had 3 opportunities to run a business and go bankrupt. On failing the third time you were executed.
No need to invest in a future, if you have already lost your head.
People are saving now but the money needs to go into non-privatised schemes, as this means that the government expenditure of pension based loans, will result in taxation for the bottom line rather than for taxation to recover a nation, which would outlast an economic climate.
The bottom line can work by keeping the finance vitalised, but then what are the politicians doing?
If they are working out bargains and deals, whose monitoring the bargains, to keep it within its own margins of viability and long-term interest.
Cross the t, dot the i. A coma here, a coma there, with millions lost either side.
Is it in the interest of the mystery magician to sell out the circle?
Which financier is going to don the mask?
Lets face it, it's too late for these questions, other than how did we lose touch with action and consequence?
To bring the parable on home:
If we as archaeologists are going to broker deals on and off the backs, of the indebted class, then at what point are we going to broker a standardised margins for error.
For now we need the cash flow, but in the long term, what does this do to those who will work those fields?
Situational standards, of a margin for error.
Work the plate, to save for the plate, but this is short termism to the n'th degree.
We?ll work to hold it together to deflate, at our own rate, but only on the grounds of a situational standard, with a margin for error.
Lose this and then will we have lost our humanity.
Finally and concertedly across the board
Thats finally,
and concertedly
txt is
Mike