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No-one seems to care as businesses keep going under

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Published Date: 04 October 2008
I run a small business in Leith Walk and we are not VAT registered, so we only qualified for £3000 of the so-called compensation. £1000 of this compensation was then clawed back by the taxman, reducing the compensation by a third, i.e. £2000.
The aforementioned £350,000 will be squandered on silly adverts saying Edinburgh is open for business when obviously it is not.

Another article in the same edition points out that the roads are in a mess and the city is best avoided by car, whi
ch is true, as no-one can get near the shops for tram and roadworks, let alone get parked near the shops.

Nobody wants the tram system, but councillors and politicians refuse to backtrack and scrap the whole sorry affair. Has no-one told them we are in a recession? Small businesses will continue to go under but do these so called public servants care? No, do they hell!
Ray Withey, Leith Walk, Edinburgh

Bank profit should go to the taxpayer
MY understanding of high finance is roughly parallel to my grasp of nuclear physics, but it seems to me that government repayment of depositor money lost by bank failure merely doubles the loss.

This is paid from our own money, in the form of taxation; indeed some of it will be a subsidy from people who have no bank savings.

The whole banking system is in any case loaded against the saver. If we borrow, the advance is called a loan or a mortgage, so that repayment can be demanded, to the extent of repossessing a home. If we pay into an account, however, this is called a deposit, in which case the bank holds it on our behalf, so why can't customers insist on repayment – by the bank – of their own money?

Where a bank is taken over by government, i.e. by the taxpayer, all directors should be dismissed and any bonus system abandoned. Nationalisation means operation on behalf of the nation, so any profits should go to the taxpayer.
Robert Dow, Ormiston Road, Tranent

Phone-in axe is a turn-off for fans
LIKE many others in Edinburgh, the Lothians and Fife, I am incensed with the axing of the Arlene Stuart phone-in on Sunday by the new Forth bosses.

They made no announcement about this, and no explanation to the listeners as to why it was axed. I have been a regular caller to this show for over 30 years. This was a platform for locals to air their views on many subjects. And Arlene did a wonderful job on behalf of her listeners.

The public have a choice to which radio station they tune into, as do the people who spend vast amounts advertising.
Robert Wood, Crossgates, Cowdenbeath, Fife

Pedestrians have the right of way
READING Thursday's Evening News about the poor woman knocked down and killed on the pedestrian crossing in Corstorphine prompts me to remind fellow drivers that a pedestrian who has started to use the crossing during a "green man" phase has a legal right of way until completely across the road.

Drivers who move on the flashing amber before all pedestrians have reached either pavement are in breach of the law – and bereft of common sense and decency.

Highway Code Rule 196 states: "Signal-controlled crossings. When the amber light is flashing, you MUST give way to any pedestrians on the crossing. If the amber light is flashing and there are no pedestrians on the crossing, you may proceed with caution."
Norrie Henderson. Meadowhouse Road, Corstorphine

Give our youngsters the chance to vote
AMID the recent furore over the Austrian elections and the success of the two far-right parties, the fact that the voting age was lowered to 16 for these elections has been largely forgotten.

In an attempt to balance out the country's ageing constituencies as a result of low birth rates, Austria has become the first European Union country to lower the voting age in national elections to 16.

Last year, the number of Austrians aged 65 and older exceeded the population aged 15 and under. And observing this demographic trend, the Austrian Parliament passed a law in 2007 lowering the age limit from 18 to 16, representing about 200,000 of the 6.3 million-strong electorate.

The recent poll was the first electoral test of the new law, and given the fact people in Austria are allowed to vote from age 16, it seems nonsensical that those of the same age in the UK should not be allowed such a right.
Alex Orr, Bryson Road, Edinburgh

Wage rise offer is effectively a cut
WITH the official rate of inflation nudging five per cent, but for many it is nearer 30 per cent, the UK and Scottish governments' 2.5 per cent wage rise for public sector workers is effectively a wage cut. Workers are not to blame for inflation; they are the victims of it. Striking council workers feel they need a rise of five per cent just to keep their heads above water. For those on the lower grade earning £5.81 an hour, the existing pay offer would give them a derisory 15p an hour extra.

When Shell and BP are raking in more than £3.2 million per hour in profits, the price of petrol has risen by a quarter. Electricity is up by the same margin. Gas has increased by over one third and food prices are an average of 14 per cent higher than last year.

To cap it all, greedy speculators have robbed our banks at a time when executives of the biggest companies have seen their earnings escalate from 15 to 75 times the average employee.

Why should those who provide the vital services we all depend on have to subsidise councils by accepting a wage cut because Gordon Brown and others would rather spend billions on wars and nuclear weapons?
Jack Fraser, Lothians Solidarity Party, Musselburgh





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  • Last Updated: 04 October 2008 10:18 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
 
1

Save Portobello Park,

Duddingston 04/10/2008 12:28:27
Jack Fraser- workers are responsible for inflation don't be an ignoramus.
2

Save Portobello Park,

Duddingston 04/10/2008 12:31:56
Robert Dow-"The whole banking system is in any case loaded against the saver. If we borrow, the advance is called a loan or a mortgage, so that repayment can be demanded, to the extent of repossessing a home. If we pay into an account, however, this is called a deposit, in which case the bank holds it on our behalf, so why can't customers insist on repayment – by the bank – of their own money?"

They can. Its what "payable on demand" means on a banknote. I agree that the system is loaded against the customer but savers are as vulnerable as borrowers when it come to getting fiddled. Personally I feel sickened that HBOS are being allowed merge. They are a shower of gangsters.
3

paul the binman,

04/10/2008 12:42:43
Let me get this right,have to take a 2.5% pay cut so that the government can bail out share holders,first time house buyers and people with huge savings,is that right ?,well why didnt some one explain that to us before we started strike action.Now I understand I'm happy to keep taking a pay cut for the next 3 years
4

Jasbar,

04/10/2008 12:54:55
#1

So how are workers responsible for inflation?

Is it because of the excessive wage demands we've seen in recent years? Is it the 17% hikes in pay packets?

Actually no. It's the 17% hikes in energy costs. And the hikes in food costs. And transport. And clothing. And everything else that is priced.

All while workers have acted responsibly and accepted below inflation wage rises.

Capitalism is serving us up a period in the economic cycle which is designed to transfer wealth away from those who create it, to those who "own" it.

The net worth of workers is being reduced daily. The fatcats are making fortunes on the back of a weak working class that has been emasculated by successive Tory and Labour governments, administering the system in the interests of capital, that have legislated to render the trade unions ineffective.

I sense a lot of grief being stored up here. Something has to give because there has to be limit as to how long this can be tolerated.
5

Dragonlord,

04/10/2008 18:48:50
Norrie Henderson.What you fail to mention is, pedestrians should not start to cross, on the flashibg green man. Once the pedestrian has crossed your side of the road, you may procede with caution,however if someone then starts to cross, it is they who are in the wrong. The rules are there for eveyone, not just the motorist.
6

Save Portobello Park,

Duddingston 05/10/2008 16:21:19
#4 you ask "so how are workers responsible for inflation".

Tom Farmer built a business that at its peak employed thousands of workers. A huge percentage of those workers were either directly or indirectly responsible for inflation.

If any worker participates in the economy, which they surely must, they contribute or are at least partly resonsible for inflation.
7

Graham P,

Edinburgh 05/10/2008 16:37:58
Dragonlord: You are wrong. If you had read the Highway Code extract quoted in the original letter, you would know that vehicles may not proceed onto a pelican on a flashing amber light unless there is nobody on the crossing. Which side of the road they are on is irrelevant.
8

Thomas the Tank,

Edinburgh 05/10/2008 22:34:34
Graham P@8 , sorry, its you who are wrong, as is Mr Henderson who first pontificated on this one. Read the Highway code more carefully. Gorgie Tony is slavering a load of irrelevance, as usual.
The Pelican Pedestrian Crossings Regulations and General Directions 1987, Regulation 8(e)states "the flashing amber light shall convey the information that vehicular traffic may proceed across the crossing but that every pedestrian if he is on the carriageway before any part of a vehicle has entered those limits, has the right of precedence within those limits over that vehicle, and the requirement that the driver of a vehicle shall accord such precedence to any such pedestrian." So a vehicle may enter the crossing on flashing amber, behind a pedestrian.

 

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