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Found this video on YouTube today and couldn’t resist posting it
Found this video on YouTube today and couldn’t resist posting it
How about this one for the BNP.
Westminster’s deliberate Undermining of Great Britain.
While this is more of an educational than a political video I believe it is very relevant as is gives a simplistic view of how the worlds monetary system works (how we are being shafted) and why it is unsustainable. It is about 2 hours long and I find it very interesting.
It explains why the credit crunch was unavoidable, why the government had no choice but to bail out the banks using our money and why a war is necessary
Unfortunatly I cannot find the full film on utube so here is the link
Something to think about before wasting your vote on the LibLabCons
Enjoy
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Having actually watched this video before it’s actually the biggest ammount of bollox I’ve ever watched.
What do you think out TAX Money is? it’s the exact same thing as your “Bank Deposit” it’s your promise to the Government to give them that % of you salary, and as that video says it is invisible cash and in effect NOT real money.
So therefore you never had it in the first place and nor did the Government so effectively the Government is running the country on this air and promises of money (numbers on the screen).
So it actually in essence means sod all in the grand scheme of things.
So transfer this to any potential BNP Government, they too will be working with screen figures and NOT real cash, and to enact ALL the wild spending the BNP plans they will have to borrow more invisible money to make their policies work, because the Government doesn’t actually have the cash to do it.
And now look at the fact that the BNP claim to be able to remove Income Tax completely ….. yes it’s real they have suggested it, but by doing that that takes out a massive chunk of the Governments income from the 55 Million+ working people, so again how would the Government then fund any policy without any cash to be able to do so?
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But also the BNP cannot make there minds up on this one either, as they also say they will change the TAX rate so that people won’t pay tax on up to £15,000.
So great this takes out a lot of minimum wage earners from tax, but these people also get TAX credit to boost those incomes (so the remaining TAX payers pay for that salary boost when the person receiving it isn’t actually paying tax).
Next we have the issue of where do the BNP Government recoup that lost TAX, they have to increase tax for the next level up, so then you bring the next level of people in to the TAX Credit System because their take home is then low enough to qualify, so the state then has to support those familes with extra TAX Credits, so what has the state gained by doing this?
WELL NOTHING apart from a bigger state bill in TAX Credits, the BNP can’t assume they can keep taxing the higher earners (people like me who already pay the max rate of TAX), people like me won;t stand for more than 50% tax, people like me will simply leave this country for better conditions elsewhere in the EU and believe me it will happen.
So the Government then loses again on all those 50% tax payers who decide to leave, that is a loss of revenue that will then have to be passed on to the lower paid, and once we do that we then have to increase TAX Credit Payments again to keep those people inside the poverty line.
So all we’ve done again is increased more tax bill but also increased the TAX Credit spend, more money lost in effect as that system has to be administered which needs paying for.
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As of next April roughly 64.8% of my salary will be paid to the Government in income tax and NIC.
And i can tell you I’m already seriously considering leaving this country, if we ever had a BNP Government I have worked out based on their policy documents that I will be handing over 75% of my salary to the Government, no point me working in that case.
So me and plenty like me will leave this country and help towards the BNP fucking it over, I already pay more than enough money to the Government and I sure as HELL won’t stump up 75% of it to a BNP Government.
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who payes tax credits now YOU and me nothing to do with the BNP you say you pay 64.8% tax now lucky you ! you must earn megga bucks no wonder you don’t give a sh** about anyone else. I would hate to be on a sinking boat with you! mind you we are sinking !you live in a dream world you invent and inflate hypothetical figures to justify your rant about the BNP, yet you are prepared to vote for a part that is going to increase your tax we all no it it has to be because of the financial mess the lib/lab/con have got us in to . so shouldn’t you be ranting about them Cameron has hinted at 20% vat a rumor has it vat will go on food as we eat to much. this may not bother a rich gent like your self ?? but i worry for the less fortunate the people with no jobs the ones set to loose jobs homes and families to to the corruption and miss management of the lib lab .con VOTE BNP for sanity
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Well the way I see it is, If it looks like a Duck; if it walks like a Duck; then it must be a ____.
However if you can give us another explanation of how our monetary system works that fits the facts like this video does
If you can tell me why our currency is loaned to us by the Bank of England (a private company) at interest which can never be repaid in full; when the government has it in its power to produce the money itself with no interest, then I am listening
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I think ever since the advent of paper money and banks there has been little actual cash passing between anyone.
Most money is dealt with through computers and alike, I don;t claim to understand how the cash system works, but the bottom line is the cash you get paid into your bank account from your salary is YOUR MONEY and you can spend it.
What ever you bank balance says (in the positive) you have access to and can use it for whatever reason you want.
Simply as that no difficult detailed explanation needed, even if we ran a state bank the outcome is still the same, your positive bank balance is cash you can spend/save piss up the wall, no need to complicate it at all.
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Even actually money isn’t effectivley money, it promises to pay you the value as printed on the note (have a read of a £10 note and see), so it’s all relative really,
And the Bank of England can’t just print money, it needs permission from the Treasury to do so, and the Government Doesn’t borrow money from the Bank of England it borrows it from other countries etc.
The Bank of England via the Treasury lends money to the Banks via the Bail Out (at interest) that then Banks then have to pay back to the Bank of England.
Its a strange system, but once the Banks pay that back via the Treasury then that cash becomes the property of the Crown (hence the Queens Head) the Government is then responsible for it.
The £10 in your pocket isn’t actually yours it is the property of the Bank of England and therefore the Crown and managed by the Government.
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Just like the video says. It is not real money, it is a promise to pay.
And sure you can have access to your money at any time, the video doesn’t dispute that either. If you watch it you will see that it tells us that the bank borrows our invested money for at long as we keep it there and pays us a small amount of interest.
So far you haven’t told me anything that the video has already told me
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The questions you need to answer really are simple:
1. Can you buy your food
2. Can you buy the things you need to live on
If you can say you have the cash available whether thats in your hand or a bank account and you can purchase the goods you need who really cares.
The only other way is to go back to bartering, I’ll give you 1 cow for a sack of spuds, now if you’re happy to go back to that then kewl, but my wallet won’t handle cows, swedes etc.
I see my bank balance in the positive, I use my plastic and I buy stuff, job done.
I have no debt (apart from my mortgage) other than that I have cash in the bank that I can spend on food, cloths geek gadgets so I’m happy.
I don’t care about how shit works and who presses what button, it’s the bottom line of you have the cash available (assuming you don’t have overdrafts etc) then all is well job done.
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And even the mighty BNP (pun intended) can’t change that system, they don’t have some magic formula that will suddenly make cash different.
Whatever Government we have the system will be the same, it’s basically tuff shit.
Banks have to make money, they have to pay staff and also pay the interest on your account.
If we had state run banks we the tax payers are then paying the wages that’s assuming we use the BNP model of a state bank.
The we can’t pay interest on your money because the bank won’t be allowed to invest said funds, so the bank will have to charge you a management fee as it is the only way they will be able to turn a profit.
I don’t care what government we have you can’t change the way a bank works in real terms etc, they will still need to make money whether thats by investments (in Gov bonds etc) or by charging you a management fee they have to make money or it will cease to exist.
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Video on free speech, BNP on Question Time….
Well worth watching even if you are a BNP supporters, I know there’s not many of you here, but hey :-)
David
The BNP
The BNP Horrifically anti-Muslim