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Saturday, May 12, 2007

The Wages of Sin




Once he leaves Number 10, Tony Blair is entitled to an immediate prime minister's pension of £63,000 and he will still earn a MP's salary of £60,000. Added to this, Cherie Blair, as a leading QC, is estimated to earn a six-figure salary.


In 2004, the Blairs took out a 95% mortgage on a £3.65million townhouse in Connaught Square near Hyde Park, London. This year, they bought the adjoining mews house for £800,000. These two purchases - combined with the £200,000 remortgage of their Sedgefield constituency home, Myrobella, in 2003 - mean they now have interest payments of more than £20,000 a month. This is almost as much as the average annual salary.


However, the Money Programme has calculated the Blairs could make £10.5 million in the next 12 months. Sir John Major has reportedly made £1m a year since he left Downing Street, while Lady Thatcher amassed a fortune after she stepped down in 1990. Both Sir John and Lady Thatcher took up positions in the City, but surprisingly, the £75,000-a-year salary for five to six days' work a month may not make financial sense for Mr Blair. Many experts believe that Mr Blair's earnings could dwarf those of Sir John and Lady Thatcher.


A US businesswoman and confidante of Mrs Blair, Martha Greene, has registered the Blair Foundation website, which will be used to promote his good causes. Ms Greene is also organising the refurbishment of the Blairs' Connaught Square house.


Bill Clinton left the White House in 2001 . Since then, he has turned his retirement into a money-spinner worth between $10 million and $50 million . In 2005, Mr Clinton earned just less than $5 million for 29 speeches - and it has been reported that he has earned almost double that in 2006. Last year, on one particularly lucrative day in Canada, Bill Clinton made $475,000 for two speeches.


Mrs Blair has already appeared on the professional lecture circuit. She reportedly charged £100,000 for a tour of Australia and £30,000 for a single event in the US. One year on the lecture circuit, the Blairs could probably make in excess of $5 million it is estimated .


And of course there is Tony Blair's memoirs - an advance in the region of £8 million . Indeed , the memoirs should be entitled "The Confessions of an Unrepentent Sinner " with his " I would do it all over again because i believed i was right ." arrogance .


"I am not going to beg for my character in front of anyone. People can make up their own mind about me," he told the BBC -Well , Socialist Courier have done just that , and our conclusion - An anti-working class war criminal .


Blair on the Rungs of the Property Ladder
1980: Mapledene Road, Hackney, bought £40,000, sold 1986 £80,000
1983: Myrobella, Trimdon village, nr Sedgefield, bought £30,000
1986: Stavordale Road, Islington, bought £120,000, sold 1993 £200,000
1993: Richmond Crescent, Islington, bought £375,000, sold 1997 £615,000
1997: 11 Downing Street - rent free flat next door to prime minister's traditional residence
2002: Clifton, Bristol, two flats bought for £525,000 in total
2004: Connaught Square, Bayswater, bought £3.6m
2007: Bayswater. Two bed house behind Connaught square property, bought £800,000. Blairs plan to join buildings together to create extra space


Blair on Tour
1997: Tuscany, guest of Geoffrey Robinson, Labour MP and businessman
1998: Tuscany, Prince Girolamo Strozzi, law professor and family friend
1999: Tuscany, Vannino Chiti, Tuscan president
2001: Ariege, Southern France, Sir Martin Keene, high court judge and family friend
2003 - 06: Barbados, Sir Cliff Richard, singer
2004: Sardinia, Silvio Berlusconi, Italian premier and media mogul
2006: Barbados, Sir Anthony Bamford, JCB boss and Tory donor
2007: Miami, Robin Gibb, Bee Gees member

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