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I duly checked into all the information available about the Clydesdale bank. It was well known in the UK and a member of the National Australia Bank Group. Further investigation revealed there were three Mr. PCs listed as employees of the bank. The bank logo, letterhead and account statement descriptions were all beyond reproach. I was quite satisfied with my research results and never suspected that there was a problem. We were blissfully unaware that PW had built a little gold mine of scam operations under the very nose of the Clydesdale Bank who knew nothing about this sub-set enterprise.

3)The UK's private pension funds are the largest in Europe. That's simply because we do have the intellect to understand the need to save for the future albeit that the bulk of these monies are via the large public and private pensions funds. However, the small man who does not have the benefit of a company pension really does need to plan more for himself. Fact!



When I hear of millionaires investing their money into applicable systems and only paying a small portion in taxes, that just tells me that the middle class on down are who is actually paying the president's paycheck. But, the millionaires have the president's ear. So, we pay but where is our voice?

I clicked on a website gloating that it had a program that would eliminate your mortgage in under a year. Wow! A 30-year home loan eliminated in one year. Sounds great; you're in, right? Not so fast. When I subscribed to a mailer to get more information, I received a very cryptic message that said the program was currently put on hold because the US patriot act makes it impossible to proceed with the necessary offshore banking transactions, which were necessary to make the process a success. Now, I'm not sure what all this means, but I do know I don't want someone sending my mortgage payments to some offshore bank account. This sounds like something straight from a John Grisham novel.

If financing is what a buyer wants, some sellers who offer financing may ask 9-12% interest. There are also others who offer financing with lower interest rates which can go as low as 7% but are unusual. One must understand that financing, both by sellers or offshore banks, is often at the rate of at least 10% in interest.

1)We are all living longer! That means that pensions are payable for a longer period and that extra money has to come from somewhere. The UK's system of 'Pay as you go' (tax collected is paid out immediately as a pension) cannot continue to work as the ratio of people paying tax will fall against those in pension payment. Fact!

swiss bank account, needs proper business, pay taxes
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