For over two years we have been warning about this! Now the OEC has stumbled upon the truth.
The latest figures for 2010/11 show Oldham had pension assets of £602m against liabilities of £743.4m. The Taxpayers' Alliance warns that the shortfall is a ticking time-bomb and fears that there will have to be a massive council tax increase to cover the deficit of £141.4m. This deficit amounts to £634 per head of the population of the town. Look at that figure again folks - That is not per household but each person in the town, every one of us. This is the third highest deficit in the Greater Manchester area behind Manchester and Salford. The TPA warns that future generations of taxpayers will be saddled with this problem for years to come. Pension liabilities continue to outweigh assets and the situation is far worse than two years ago. Don't forget folks you have already paid for this once. Your money has been frittered away and now it looks likely they will come looking for you to pay it all over again.
Perhaps Little Jimmy Pudden-Face can enlighten us all on how he intends to rectify this situation. The town is skint - money intended for pension schemes is diverted to pet projects - the deficit grows. Do you seriously think we are going to get any new facilities and amenities with this hanging over us? The retards are desperate for Metrostink to commence operations as they think they are going to get a huge wedge of moolah from the operating profits, which will drag them out of the shite. Way the fucking tram fiasco is shaping up, the town will have closed down and died before we ever see a sodding tram.
Where are the savings little chubby-chops promised? Where is the slimming down of the fat cat departments up yonder tower? We have had nothing but empire building, meetings about discussions over talks about plans for pie-in-the-sky grandiose schemes that will come to naught. Millions are wasted on "Unity Partnerships," PFI's, district Town halls and the legions of Liebour sycophants staffing them. Perhaps our dimpled cheeked leader could arrange for another 400 council employees to be not made redundant.
Read the post "Rough Trade,' below. See the leeches strutting about London at our expense. For what? For nowt! A puffery for the fucking jolly boys. Tickets from £170 each up to £720 each! How many did WE purchase? At what cost? Do you think they will tell us? Not a fucking chance! Like all Liebour parasites they love spending other people's money - especially on themselves.
Considering the state the town is in do you folks feel this was a wise decision? WE REALLY HAVE TO MAKE OURSELVES HEARD. Why not zap off an e-mail to the three sponges we know went on the jolly, demanding they repay OUR money they squandered! Something on the lines of :-
"In view of the parlous state of the town's finances we ask that you repay the amount of OUR money squandered by you on the recent jolly to London"