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	<title>Comments on: Reshuffling towards oblivion</title>
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	<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/</link>
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		<title>By: Berta Lloyd</title>
		<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/#comment-83555</link>
		<dc:creator>Berta Lloyd</dc:creator>
		<pubDate>Tue, 10 Nov 2009 01:00:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.liberalconspiracy.org/?p=1391#comment-83555</guid>
		<description>&lt;span class=&quot;topsy_trackback_comment&quot;&gt;&lt;span class=&quot;topsy_twitter_username&quot;&gt;&lt;span class=&quot;topsy_trackback_content&quot;&gt;Liberal Conspiracy » Reshuffling towards oblivion http://tinyurl.com/yjkezft&lt;/span&gt;&lt;/span&gt;</description>
		<content:encoded><![CDATA[<p><span class="topsy_trackback_comment"><span class="topsy_twitter_username"><span class="topsy_trackback_content">Liberal Conspiracy » Reshuffling towards oblivion <a href="http://tinyurl.com/yjkezft" rel="nofollow">http://tinyurl.com/yjkezft</a></span></span></span></p>
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		<title>By: ad</title>
		<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/#comment-22116</link>
		<dc:creator>ad</dc:creator>
		<pubDate>Sun, 05 Oct 2008 15:19:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.liberalconspiracy.org/?p=1391#comment-22116</guid>
		<description>&lt;i&gt;the point is to tax them to the extent where you get the maximum revenue without them running off to Dubai, Dublin or New York).&lt;/i&gt;

Or preferring lower stress, lower income jobs, or doing less work, or being paid in something less easily taxable, etc...</description>
		<content:encoded><![CDATA[<p><i>the point is to tax them to the extent where you get the maximum revenue without them running off to Dubai, Dublin or New York).</i></p>
<p>Or preferring lower stress, lower income jobs, or doing less work, or being paid in something less easily taxable, etc&#8230;</p>
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		<title>By: john b</title>
		<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/#comment-22112</link>
		<dc:creator>john b</dc:creator>
		<pubDate>Sun, 05 Oct 2008 12:59:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.liberalconspiracy.org/?p=1391#comment-22112</guid>
		<description>Hmm. You&#039;re right, kinda, but it&#039;s basically only relevant to the top 10% - for everyone else, wealth is a house and a pension at best. And &quot;fucking the top 10%&quot; is not a policy goal in its own right (rather, the point is to tax them to the extent where you get the maximum revenue without them running off to Dubai, Dublin or New York).</description>
		<content:encoded><![CDATA[<p>Hmm. You&#8217;re right, kinda, but it&#8217;s basically only relevant to the top 10% &#8211; for everyone else, wealth is a house and a pension at best. And &#8220;fucking the top 10%&#8221; is not a policy goal in its own right (rather, the point is to tax them to the extent where you get the maximum revenue without them running off to Dubai, Dublin or New York).</p>
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		<title>By: douglas clark</title>
		<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/#comment-22100</link>
		<dc:creator>douglas clark</dc:creator>
		<pubDate>Sat, 04 Oct 2008 22:51:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.liberalconspiracy.org/?p=1391#comment-22100</guid>
		<description>john b,

I doubt that the figures you quote reflect capitalisation, which the top 10% are very good at accquiring, and the bottom 10% have no conception of. The statistics you quote are all about income, and nothing to do with assets?

It would be interesting to know if money gained in a city bonus 10 years ago that went directly to something appreciable, like a house in a good area, was not, perhaps, worth a damn sight more in the capitalisation of the rich, than the poor who couldn&#039;t even but a basement flat in the area. I suspect it would be.

Income is really not the name of the game. It is overall wealth that is.

I&#039;d imagine, john b, that if you had an enormous estate somewhere, with production facilities and the like, on that estate you could live like a lord and not have an income at all. Which is, of course the ambition of any free born man. And if you did need to buy anything, you&#039;d probably just barter for it.

As you ought to appreciate, income, in a taxable form is an irrelevance to a truly rich man.

He or she can avoid it, if they want to.

Despite their resources, oil and gas and suchlike, being overseas, it seems to me that the creme de la creme of our plutocracy live in exactly that grace and favour hidden dimension of our reality.

So, it might be bollocks, but is more complicated bollocks than you&#039;d lead a good pleb to believe.</description>
		<content:encoded><![CDATA[<p>john b,</p>
<p>I doubt that the figures you quote reflect capitalisation, which the top 10% are very good at accquiring, and the bottom 10% have no conception of. The statistics you quote are all about income, and nothing to do with assets?</p>
<p>It would be interesting to know if money gained in a city bonus 10 years ago that went directly to something appreciable, like a house in a good area, was not, perhaps, worth a damn sight more in the capitalisation of the rich, than the poor who couldn&#8217;t even but a basement flat in the area. I suspect it would be.</p>
<p>Income is really not the name of the game. It is overall wealth that is.</p>
<p>I&#8217;d imagine, john b, that if you had an enormous estate somewhere, with production facilities and the like, on that estate you could live like a lord and not have an income at all. Which is, of course the ambition of any free born man. And if you did need to buy anything, you&#8217;d probably just barter for it.</p>
<p>As you ought to appreciate, income, in a taxable form is an irrelevance to a truly rich man.</p>
<p>He or she can avoid it, if they want to.</p>
<p>Despite their resources, oil and gas and suchlike, being overseas, it seems to me that the creme de la creme of our plutocracy live in exactly that grace and favour hidden dimension of our reality.</p>
<p>So, it might be bollocks, but is more complicated bollocks than you&#8217;d lead a good pleb to believe.</p>
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		<title>By: septicisle</title>
		<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/#comment-22099</link>
		<dc:creator>septicisle</dc:creator>
		<pubDate>Sat, 04 Oct 2008 21:07:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.liberalconspiracy.org/?p=1391#comment-22099</guid>
		<description>john: you are of course right, that was a rhetorical flourish which went a little too far.  Certainly the middle classes have enjoyed a decade of virtually unprecedented financial stability, but those which Labour promised to help the most have not done anywhere near as well.</description>
		<content:encoded><![CDATA[<p>john: you are of course right, that was a rhetorical flourish which went a little too far.  Certainly the middle classes have enjoyed a decade of virtually unprecedented financial stability, but those which Labour promised to help the most have not done anywhere near as well.</p>
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		<title>By: Reshuffle Thoughts&#8230; &#124; Ministry of Truth</title>
		<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/#comment-22088</link>
		<dc:creator>Reshuffle Thoughts&#8230; &#124; Ministry of Truth</dc:creator>
		<pubDate>Sat, 04 Oct 2008 16:45:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.liberalconspiracy.org/?p=1391#comment-22088</guid>
		<description>[...] this reshuffle could be viewed as an act of desperation, and that may conceivable prove to be the case - but necessity, not to mention desperation, is [...]</description>
		<content:encoded><![CDATA[<p>[...] this reshuffle could be viewed as an act of desperation, and that may conceivable prove to be the case &#8211; but necessity, not to mention desperation, is [...]</p>
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		<title>By: leon</title>
		<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/#comment-22083</link>
		<dc:creator>leon</dc:creator>
		<pubDate>Sat, 04 Oct 2008 13:42:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.liberalconspiracy.org/?p=1391#comment-22083</guid>
		<description>Mandy was there at the beginning, here&#039;s back for the end. Some poetic symmetry in that I guess...</description>
		<content:encoded><![CDATA[<p>Mandy was there at the beginning, here&#8217;s back for the end. Some poetic symmetry in that I guess&#8230;</p>
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		<title>By: john b</title>
		<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/#comment-22074</link>
		<dc:creator>john b</dc:creator>
		<pubDate>Sat, 04 Oct 2008 11:21:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.liberalconspiracy.org/?p=1391#comment-22074</guid>
		<description>&lt;i&gt;He, along with Blair, declared to the City that he and New Labour were “intensely relaxed about people getting filthy rich.” Well, they did, while everyone else didn’t&lt;/i&gt;

&quot;everyone else didn&#039;t&quot; may be a popular meme, but it&#039;s still bollocks. Labour did a pretty good job of allowing City people to get filthy rich whilst also allowing almost everyone else to do financially very well: http://www.poverty.org.uk/04/index.shtml</description>
		<content:encoded><![CDATA[<p><i>He, along with Blair, declared to the City that he and New Labour were “intensely relaxed about people getting filthy rich.” Well, they did, while everyone else didn’t</i></p>
<p>&#8220;everyone else didn&#8217;t&#8221; may be a popular meme, but it&#8217;s still bollocks. Labour did a pretty good job of allowing City people to get filthy rich whilst also allowing almost everyone else to do financially very well: <a href="http://www.poverty.org.uk/04/index.shtml" rel="nofollow">http://www.poverty.org.uk/04/index.shtml</a></p>
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		<title>By: Simon</title>
		<link>http://liberalconspiracy.org/2008/10/04/reshuffling-towards-oblivion/#comment-22072</link>
		<dc:creator>Simon</dc:creator>
		<pubDate>Sat, 04 Oct 2008 11:17:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.liberalconspiracy.org/?p=1391#comment-22072</guid>
		<description>Isn&#039;t there a sinking ship element too? In that the central fact about Mandelson and Beckett is that should Labour lose the next general election their careers are over. For Cruddas- if Labour lose- he has a good chance for senior office or a possibility of the leadership. To some extent I can&#039;t see why you would want to be a high profile minister in domestic policy under Brown at the moment- given that the economy is heading downwards and probably the political fortune sof the Labour party too</description>
		<content:encoded><![CDATA[<p>Isn&#8217;t there a sinking ship element too? In that the central fact about Mandelson and Beckett is that should Labour lose the next general election their careers are over. For Cruddas- if Labour lose- he has a good chance for senior office or a possibility of the leadership. To some extent I can&#8217;t see why you would want to be a high profile minister in domestic policy under Brown at the moment- given that the economy is heading downwards and probably the political fortune sof the Labour party too</p>
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