Community Views : What’s on the boards today….22nd March 2011

22nd March 2011

The Guardian

"Inflation figures are set to reveal another rise in the cost of living today as soaring oil and commodity prices continue to squeeze consumers' spending power."

Halo572 comments: "Mervyn has already said to expect 5%, so anything up to and including is not a problem and part of their 'master plan'. Although of course that 'master plan' doesn't actually exist. I saw on the BBC that he is a professor of economics and used to teach at Cambridge. Did they get him confused with the darts player? That would be impressive, professor of economics, tutor at a top university AND a successful darts player. I think the wrong man is in Threadneedle Street."

In the Telegraph the community are saying:

andrewx thinks: "Thomas Jefferson once said: … I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

bigron replied: "Thomas Jeffersons nightmare has become a reality."

The Independent readers think:

GoodLuck2: "The problem with the Honourable members and bankers who are making all these decisions which are keeping inflation high and lowering OUR standard of living is they can all afford inflation where as we cannot."

The Telegraph

"Forth Ports, the largest port owner and operator in Scotland, has a agreed to a £760m takeover offer from its largest shareholder, Arcus European Infrastructure Fund."

iandi says: "Having all our ports ran by a load of PE investors geared to the eyeballs. I think you can forget about any investment in new facilities."

The Financial Times has also covered this story.

This Is Money

"George Osborne will announce a £1bn-a-year crackdown on tax avoidance by high earners and big business in tomorrow's Budget. The Chancellor is expected to unveil a series of measures as official figures show that a record £42bn in tax a year has gone uncollected."

Paul writes: "The £1B will go a long way? If only he went after the extra £41B, he could lower taxes for everyone."

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