BROWN GAMBLED !
AND BRITAIN LOST !
For NINE YEARS Labour ministers have connived in covering up the REAL cause of the pension crisis in the United Kingdom !
While these same Labour ministers have insisted YOU are to blame, they have deliberately shielded the REAL culprit resonsible for the destruction of millions of people's hopes and dreams !
In 1997 we had the best private pension funding in Europe.
Savers who retired in 1997 would have received more than £20,500 a year from the average pension fund.
(£200 a month paid for 20 years into a with-profits pension plan).
Retire today and you would get less than £5800 !
Where is the rest of your pension ?
Gambled away by Gordon Brown !
Secret documents from the
While these same Labour ministers have insisted YOU are to blame, they have deliberately shielded the REAL culprit resonsible for the destruction of millions of people's hopes and dreams !
In 1997 we had the best private pension funding in Europe.
Savers who retired in 1997 would have received more than £20,500 a year from the average pension fund.
(£200 a month paid for 20 years into a with-profits pension plan).
Retire today and you would get less than £5800 !
Where is the rest of your pension ?
Gambled away by Gordon Brown !
Secret documents from the
Treasury have
revealed that Gordon Brown was warned in 1997 that a tax on private pension funds would have devastating consequences for savers.
He ignored their warnings, gambling on a continued rise on the Stock market to make up for the shortfall in pension funds.
In the previous 30 months stock market values had doubled.
But many analysts were already warning that the market was "overheating" and a downturn was inevitable.
Brown ignored them.
But then the "mini-crash" of 1997 gave a signal of what was to come.
Brown ignored it.
By 2001 it was becoming obvious the market was in trouble.
Then came 9/11, sending all stock markets into a downward spiral.
He ignored their warnings, gambling on a continued rise on the Stock market to make up for the shortfall in pension funds.
In the previous 30 months stock market values had doubled.
But many analysts were already warning that the market was "overheating" and a downturn was inevitable.
Brown ignored them.
But then the "mini-crash" of 1997 gave a signal of what was to come.
Brown ignored it.
By 2001 it was becoming obvious the market was in trouble.
Then came 9/11, sending all stock markets into a downward spiral.
This led to the downturn of 2002.
Brown's gamble had failed !
By the time the markets recovered it was too late for the UK's pension funds.
The billions stolen could not be recovered.
Millions of honest, decent, hardworking people have lost their life savings to a gamble by a dishonest, incompetent Chancellor !
In 2005, the Pensions Commission said private pension provision was in "serious and irreversible decline."
But what else did Gordon Brown expect ?
Why would anyone spend years paying into a private pension to find at the end of their working life it was all for nothing and all they have achieved for all those years and all that money is total penury ?
And conniving ministers blaming the crisis on them ?
Brown's gamble had failed !
By the time the markets recovered it was too late for the UK's pension funds.
The billions stolen could not be recovered.
Millions of honest, decent, hardworking people have lost their life savings to a gamble by a dishonest, incompetent Chancellor !
In 2005, the Pensions Commission said private pension provision was in "serious and irreversible decline."
But what else did Gordon Brown expect ?
Why would anyone spend years paying into a private pension to find at the end of their working life it was all for nothing and all they have achieved for all those years and all that money is total penury ?
And conniving ministers blaming the crisis on them ?
BRITAIN IS BANKRUPT!
(14/Feb/2006)
HOME OFFICE LIES!
(13/Feb/2006)
INTERNET BANNED ?
(12/Feb/2006)
LOSERS!
(11/Feb/2006)
CLARKE GIVES UP!
(10/Feb/2006)
TERROR REWARDED!
(09/Feb/2006)
AL-QAEDA'S MOSQUE!
(08/Feb/2006)
ABU HAMZA GUILTY !
(07/Feb/2006)
A DEAFENING SILENCE!
(04/Feb/2006)
KILL THEM ALL !
(03/Feb/2006)
MUSLIM HATRED !
(02/Feb/2006)
BLAIR DEFEATS BLAIR !
(01/Feb/2006)
BLOOD PRICE !
(31/Jan/2006)
SEND YOUR OWN SON !
(30/Jan/2006)
TREASON !
(29/Jan/2006)
OVERDOSE !
(25/Jan/2006)
NOT WORTH £2.50 !
(24/Jan/2006)
GUN CRIME UP BY 50% !
(23/Jan/2006)
WEDNESDAY, 15 FEB, 2006