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Poverty in retirement

Letter to: The Editor, The Daily Telegraph London

1st May 2005

Dear Editor,

It would be a very good yardstick as to how best to vote at this election, by choosing the Political Party, that could guarantee freedom from poverty in old age, for the thrifty. As yet there is no Political Party that has addressed this problem.

We can assume that poverty in our old age is now inevitable, merely a sordid fact of life, that awaits anyone however thrifty, if they are foolish enough to live out their three score years and ten. We know this is a hard fact, because however clever we are at voting, there is no freedom from rising national debts.

All politicians of whatever colour or creed, condone and connive in the fraud of creating and issuing new money as credit. How can anyone expect to salt away credit as a valid safeguard against poverty in the future. Even a child could see that would be a mug's game. Unfortunately it is all that is on offer in this election.