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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (643987)1/29/2012 7:54:30 PM
From: tejek  Read Replies (2) of 1581547
 
My facts are straight Ted. I'm not relying on the common leftist story you fall for. I check the real facts.

There where riots in the UK mainly in response to actions by the police, esp.
http://en.wikipedia.org/wiki/Death_of_Mark_Duggan

Huh? Do you frigging live in the same world with the rest of us? Seriously. Those riots didn't start because of police action. They started because of Cameron's budget cuts.........his big austerity budget he imposed in the country. The one tha Bill Clinton complains about in this article:

politics.co.uk

The one that's discussed in this article:

U.K. faces sharpest spending cuts since WWII

LONDONBritain will cut half a million jobs, sharply reduce welfare payments and raise the retirement age as part of an unprecedented cost-cutting drive that will test the strength of both the economy and the ruling coalition. Treasury chief George Osborne on Wednesday announced the country's largest cuts to public spending since World War II as part of a five-year austerity plan.

Osborne confirmed he had ordered 83 billion pounds ($130 billion) in spending cuts through 2015, which he claims are necessary along with tax increases to wipe out a spending deficit that reached 156 billion pounds last year.

'Unavoidable'

As many as 500,000 public sector jobs will be lost and dozens of scheduled government programs halted. He said that even Queen Elizabeth II would take a hit, cutting her royal household budget by 14 percent over four years under the plans.

"It is a hard road, but it leads to a better future," Osborne told lawmakers in a long-anticipated statement to outline the coalition government's long-term economic plans. "Tackling this budget deficit is unavoidable."

After spending billions bailing out indebted banks, and suffering a squeeze on tax revenue and a hike in welfare bills, he said it would take "time to turn around the debt supertanker."

Osborne said that a temporary levy on bank balance sheets being introduced in January will be made permanent, potentially raising billions of dollars.



read more............




msnbc.msn.com

Of course the idiot Cameron, English cousin to the idiot Bush, is denial about the riots:

Cameron denies budget cuts caused UK riots

msnbc.msn.com

As for cutbacks, in the topline there was no cut back, just a continuation of the upward trend.

I should have known........you found your chart on a winger site..............the source of all confusion.

And Cameron's big austerity budget is failing.............BIG TIME............as does all winger nonsense.

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