1. Myth Busting: Debt, Deficit, Pay & Pensions Thursday, 11 November 2011

2. And Now Everyone Agrees With Liam! Theres No Money Left

3. The National Debt This is the scary position used to justify the cuts

4. The Real Picture In 2007 the UK had 2 nd lowest debt in the G7. Then we bailed out the banks …

5. Billions To Support The Banks £850 Billion to bail out the banks £76 bn just for RBS & LloydsTSB £81 bn cuts to Public Services

6. John Redwood MP The most powerful parliamentary voice of todays Right who isnt serving on the front bench

7. We Agree With John It would be a good idea to get the tax payer out of the banking business and get our money back from the taxpayer support operations. John Redwoods Blog - 15 October 2010

8. Bank Levy To Repair The Damage £2.5 Billion a year from 2012 340 years* (excluding interest) £850Bn bailout / £81Bn cuts

9. The Brink Of Bankruptcy? Treasury Select Committee chairman, Tory MP Andrew Tyrie Osborne's claim that Britain had been "on the brink of bankruptcy" was "a bit over the top and "over-egging it a bit".

10. The Brink Of Bankruptcy? Treasury Select Committee - Lord Turnball, former Cabinet Secretary: Question: Do you think it is accurate to describe the UK as being on the brink of bankruptcy? Lord Turnbull: No, I dont.

11. The Worst In The G20? Like Greece or Spain or Ireland? No, because of sterling's ability to devalue outside the euro. The largest budget deficit in G20? Britain's overall debt puts it 12th in the IMF table, much better than Japan, the US and France, only 2% worse than Germany.

12. The Annual Deficit Bank Of England Criticises HMRC (Sep 2010) £42bn Uncollected Tax could bring GDP down to 45%! (Each Tax Officer Yields £640,000 net – 7,000 jobs cut) Reducing Tax Avoidance could add £13bn £12bn is the equivalent of 480 new schools, 300 hospitals £155bn (Reduced from £163bn)

13. Pay Prime Ministers Pay £142,500 NHS Chief Exec £260,000 Chief of Defence £250,000 Head of Civil Service £240,000 South East Chief Executives Kent County Council £245,000 West Sussex £218,000 Surrey County £205,000 Bucks County £200,000 67% Local Gov Staff less than £21,000

14. 67% of Local Gov Staff paid less than £21,000 Some are already in 2 nd year of a pay freeze A two year pay freeze will be introduced from 2011-12 for public sector workforces, except for those earning £21,000 or less, who will receive an increase of at least £250 a year

16. Average Local Gov pension £4,000 Average LG Womens Pension £2,600

17. Increased Retirement Age Future Cost Sharing Employer Contributions Capped Employee Contributions Up Hands Off Our Pensions? 2008 Changes to LGPS England (2008) Income £10.6bn Expenditure £6.2bn

19. Hutton Interim report they are not gold plated & are sustainable Short term reform increase employee contributions to ease costs Longer term reform needed will be set out in final report in March Defined Benefit favoured & strongly supports move to career average Cost share has not gone far enough

20. What Others Are Doing French Strikers Unorthodox Protesters

21. What Others Are Doing French Strikers Unorthodox Protesters

22. In Conclusion Francis Maude, Cabinet Minister, MP for Horsham Multi-Millionaire, on Newsnight (22/10/10) he argued that a 5% cut to his salary was equal to the 'pain' suffered by Britain's poor Says his political life has been about smaller government

23. In Conclusion Labour Election Let Govt Set The Debate Debt Affordable Deficit Manageable Pay Is Exaggerated Pensions Are Sustainable Cuts Are Ideological Not Financial