Policies of the 1970s are continuing today
BORROW billions of pounds at high interest rates to implement compulsory purchase orders and demolish hundreds of thousands of well-built Victorian terraced houses against the wishes of the residents.
Borrow billions to build flats people don't want to live in.
Reduce mortgage rates, thus increasing prices.
Pay savers interest below the rate of inflation.
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Create two million unemployed, thus adding more costs to welfare provision.
Started in the 1970s – continues today.
Gordon K Moore
St Clares Close
Derby




Comments
by Monsieur_Lupo
Thursday, December 06 2012, 10:13AM
“Another pointless letter from Gordon. Slightly different from the norm though - no mention of taxing the home-owner to subsidise renters.
Surely a shoe-in for 'Letter of The Week'!”