NEWS DESK MICHAEL WALSH - 14^th August 2001

BOOK REVIEW

ROBBING THE POOR

EXCLUSIVE

Official! The British are the highest taxed people in Europe, indeed in the developed world. And now, taking their cue from the rapacious Westminster government big business across a wide spectrum are also in a £eeding £renzy.

Britain has earned a world-wide reputation for financial sharp practice and the sobriquet 'rip-off Britain' has now entered universal language. It is hardly surprising that poverty, even among the hard-working community, is now commonplace and rising. The Black Economy (untaxed income) is booming. A prominent member of Manchester's Jewish community says truthfully: "In Britain there is no way you can achieve financial success legitimately."

Among the worst offenders, after the Chancellor of the Exchequer, are the banks upon which virtually every Briton and small business depends? The Daily Mail's city editor, Alex Brummer, is furious at Britain's banking monopoly. He says, "If one adds together the profits of the big banks for that year (2000) it represents the equivalent of a tax of £1,000 on every man, woman and child in the country." (Daily Mail, February 1, 2001).

It is perfectly understandable that beleaguered Britons are now earnestly praying for the return of Robin Hood and his merry tax-thieving men.

Well their prayers seem to have been answered by the publication of 'Debtor's Revenge!' a publication two years in the making. This handy 17,000 word 44 page 'easy-to-read' guide effectively turns the tables on the banks, the government and the entire usury industry. It does so by revealing perfectly legal scams to write off tax, credit card and bank debts, to duck out of credit agreements, to walk away from one's debts, to hide one's sins behind the great protector, bankruptcy and find it a liberating experience.

Debtor's Revenge author Michael Walsh, is amused at the difficulty he has in marketing the guide. "I've heard of suppliers being prosecuted for telling lies about their products; I run the risk of prosecution for telling the truth about the revelations to be found in Debtor's Revenge!

RIP-OFF BRITAIN BANKRUPTS OVER 39,000 HONEST PEOPLE IN ONE YEAR!

"There are as many dodges in avoiding and reneging (not evading) on taxes and unfair interest rates as there are in rip-off scams," he added. "All I have done is show a marked preference for protecting people's wealth rather than reducing it. If I am to be described as an 'economic terrorist' then I shall be proud of the title."

During 1999, the latest figures available, 43,365 businesses and individuals went bust and two million County Court Judgements were registered in rip-off Britain. Yet it has been admitted that fewer than one in ten were bankrupted through dishonest dealing. This means that over 39,000 honest, hard-working tax-paying Britons, already unfairly taxed, each year now bear the added shame of being dragged through the courts and bankrupted.

ROBBING THE RICH TO PAY THE POOR

Debtor's Revenge! Is a brilliantly researched well written guide to slapping down credit pursuers and getting one's own back on the system's financial terrorists; giving the banks and bailiffs, the chancellor and the bank-chancers the two-fingered salute.

Although many opportunists will see Debtor's Revenge! as a blueprint for running up massive bank and tax debts and then dishonouring them, which is unfortunate, this is not the intention of the Guide.

It shows how to deal with obnoxious 'final warnings', threatening letters, phone calls and unwanted doorstep visits. How to retain your home and your possessions, go to sleep with a grin on your face.