More on the MP's

I really do think the MP’s expenses row has gone on far too long. Should we not draw a line under this or if you are a Tory build a moat? Furthermore, there are expenses which they incurred and are being ridiculed without rational consideration.

For instance, one MP has been criticised for claiming horse manure. Don’t the electorate realise that in this current economic climate specifically that expense was necessary to help bed in a sound financial base so in time we will see the green shoots of recovery. On the other hand if this fails a suggestion has been that he puts it back from whence it came.

As someone recently said, in the last 300 years or so there has only been one person who has gone to the Palace of Westminster with an honest intention from which he did not waiver. That was Guy Fawkes.

MP’s Expenses

What I find amazing about the MP’s expenses, in addition to my astonishment in their behaviour probably due to my naivety, is that if you look at some of their expenses, that is their nature and cost I suspect if they had another employment, or should I say they were in an employment, would they purchase those items, or if they did would they spend that amount on them?
I suspect not. The mantra, obviously provided by a so - called adviser is that “it is within the rules” (Which they drew up!) Seem to remember from my history books “I was only obeying orders” being a mantra being trotted out. Mind you “trotted” reminds me of Trotter of “Only Fools and Horses” fame.
Del Boy would be proud of them!

The Stock Market

So we shouldn’t go back into the stock market?

Far be it for me to advise, but how about some interesting information. In the last three months shares in Barclays have nearly trebled, in the Governments subsidiary company, RBS to you and me, doubled, HSBC a paltry 10% increase and for those that like a flutter with ‘arry’s team (Spurs to the less informed) 10%; mind you the last one was fighting against relegation. At least the others didn’t have to worry about that. Mind you RBS did, but Mr Abramovich, or rather the Scottish equivalent, Alistair Darling put his money (or should I say our money) in, to allow them back into the transfer market. Either way some banks have proved to be a good investment in that period.

But, how about this apparent quirk in the stock exchange. Our most successful and biggest retailer in its field, Tesco, sees its shares down by 10% over the same period. However, as Mrs T said you can’t buck the market so we have to accept these figures reflect the values of these companies. So as I started, should we go back into the stock market?