Friday, April 5, 2013

Britain’s Austerity – Investors Beware (News from the Contrarian)

Numerous posts including this one from the Nation report on Britain’s new austerity measures. The most recent involves families that will receive fewer benefits if their houses include a spare room. The government has labeled the so-called bedroom tax an “under-occupancy penalty.” Apparently, the idea is that if you can afford a spare bedroom, you are not in as much need of government aid as those who don’t have additional bedroom space.

http://www.onlywire.com/r/121507890

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