"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Saturday, November 24, 2007

How Chancellor Gordon Brown destroyed UK soccer ...

74 (ish) of the 220 players starting Premiership games this weekend will be English citizens.

Overseas players now dominate not only because they play footie rather well, but also because they enjoy a huge and unfair competitive advantage over British players.

Current Income Tax regulatuions allow foreign players to claim 'non-domicile' status.Smart lawyers / accountnats and well fed agents help them recover more of their wages than British citizens.

In opposition Brown promised (Ho.Ho.Ho.) that this tax loophole would be removed....it does of course benefits those Labour donors who missed out on coronets.

For 10 years as Chancellor he refused to do so in the face of fierce lobbying from its wealthy beneficiaries and their lawyers ....

In the process English football was denuded of home-grown talent.

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