Good afternoon, it’s Peter here. It’s all doom and gloom isn’t it in terms of 
money at the moment. The papers and TV are full of news stories about it all 
and whenever you speak to anyone, they’ve always got a tale of how the credit 
crunch is affecting them or who’s to blame for these financial problems. Well, 
I won’t dwell too much on the news that the UK house prices registered a 1.3% 
fall in September, according to one building society and that means that the 
annual fall now stands at 12.4%. That leaves the average home in the UK costing 
£172,108. 

I think it’s very easy for all of us to get swamped by all these facts and 
figures when it comes to this financial crisis, especially because I have to 
admit to not understanding much of what the global picture means for people 
like you and me. But this story caught my eye! I just thought it was a rather 
unusual problem that’s cropped up as a result of the ballooning debts across 
the globe. Apparently, in New York, there’s a digital counter clock that marks 
the national debt level for the US. The board was first erected in 1989 to 
highlight the $2.7 trillion debt level in that year and it’s been ticking over 
monitoring the level ever since. It’s come across a problem though. The US 
government’s debts are so huge now that the National Debt Clock as run out of 
digits! When it passed the $10 trillion point last month, it ran out of room to 
display the full total of debt. I don’t know about you, but I just can’t 
comprehend that amount of money. When people start talking about tr!
 illions, it’s just too much to understand. Does anyone else have that problem? 
And then when they start saying that that figure is a debt, then I just can’t 
understand how countries can carry on functioning with that amount of debt. 
It’s just baffling. Anyway, the clock owners say that two more zeros will be 
added, which will allow the clock to record quadrillion dollars of debt!!


Beatles And The Bard

Yesterday, I mentioned to you about a Beatles tribute act, which have put the 
words of William Shakespeare to the iconic tunes of the Fab Four. Lois Smalley 
got in touch on this one to ask, “I don’t know if you remember it Peter, but 
this put me in mind of a record by Peter Sellers many years ago, when he 
recited the words to the Beatles song ‘A Hard Day`s Night’ a la Richard The 
Third, and it was brilliantly funny!” Can you remember that? I’m not sure I 
can, but of course Peter Sellers’ comedy was always brilliant!


GPs

When I write the Levy Letter, I always try and think of what you will be 
talking about at the dinner table or around the workplace and I thought this 
one would generate some thoughts from you! I’ve been reading about the latest 
report examining the contract from the government, which says that family 
doctors in England are working less, but being paid more. What do you reckon to 
that one? Pay for GP partners has shot up by 58% to about £114,000 a year and 
this happened over the same period of time when GPs started working fewer hours 
from 36.3 hours a week compared with 43.1 in the 1990s. This report though has 
said that patients should be finding it easier to book appointments with their 
family doctor within 48 hours, but that this may mean that some patients can’t 
book in advance anymore. And more services are being offered at your local GPs 
like minor surgery. Anyway, what do you reckon to this report that GPs are 
working less, but getting paid more? As always, comment on!
  this or anything else on the usual address of [EMAIL PROTECTED] 

That’s it from me. I hope you can join me tonight for Look North at the usual 
time of half past six.

Peter 


And for the latest news and more where you live, go to:
http://bbc.co.uk/humber and http://bbc.co.uk/lincolnshire

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