Gordon Brown as Chancellor was responsible for a massive tax grab on what was one of the best pension structures in Europe ( the country not BA ), however the UK public has the attention span of a retarded goldfish, so even the MPs stealing on expenses is fading and it's back to arsing things up as usual.
The money was redistributed to fund the client welfare state that keeps voting Labour back in.
Brown was named by the Daily Mail as "The Man Who Stole Your Pension" but since pensions are beyond the understanding of many of us, it's hard to make a case in the attention span required. That's a big part of the reason the BA scheme went into meltdown and may yet drag the company into danger.
"post neo-classical endogenous growth theory" anyone?
Last edited by Skipness One Echo; 5th Aug 2009 at 19:27.