Gordon's mess over pensions
The Pension Destroyer, Gordon Brown, is determined to wreak more havoc on savers' pensions.
He is attacking those pension funds which invest savers' pension money in commercial and industrial property by reducing the rate relief on empty property from six to three months.
This will net him some £150m a year at the expense of hard-earned savers' pension contributions.
He is already taxing the very low paid higher than ever, including savers, pension savers and pensioners at their highest rate ever whilst offering the sop of means-tested benefits that are an administrative disaster and result in the loss of millions to the taxpayers, to say nothing of the millions more he poured down the drain on selling our gold reserves.
Due to his vicious attack on pensions, together with horrendous taxation rates, those fortunate enough to be able to save shun the rubbish pensions regime he has engineered and invest in property.
It is Gordon Brown who is directly responsible for the quadrupling of property prices over the past 10 years, through his destruction of pensions, thus denying first-time buyers access to the property market.
Well, he is about to lead what was the best country in the world but, alas, over the past 10 years has become a banana republic replete with spin, financial jiggery pokery, loss of democracy and dictatorship - what a perfect candidate.
C Wilde, Shrewsbury
