A Budget Worthy Of A Banana Republic: Wasting Public Money To Save The Bankers
April 24, 2009
So there you have it: after nearly 12 years in power Labour comes up with a budget worthy of a banana republic with its massive debts, draconian cuts to public spending and an attack on common sense on all directions. In a normal environment such a budget should be thrown out by parliament and the government sent packing.
But not in democratic Britain, oh no. With the Labour party clinging to power and all the perks that go along with it its deputies in parliament would vote for anything, even another war, to stay where they are. Normal economics have been thrown out of the window years ago. From 1997 to be exact. In Britain it is the spin doctors, the speculators and the hacks who are now considered to be the main experts on the economy. They were the ones that saluted Gordon Brown when he was Chancellor and they are now pretending that, as Prime Minister, he knows what he is doing. Even though he is playing nasty games with the economy and trying hard to appease the money men at a huge price for everyone else.
Why doesn’t the Queen summon her generals and tell them to get rid of this lot? Britain is still a monarchy. If a bunch of lunatics are bringing the country to its knees is it not the time to remove them from power? Before it is too late?
The hacks are the worst, of course. Missing the big picture, getting all excited about irrelevant things, sucking up to the big boys of business and politicians. Where are the investigative journalists who should be digging up facts about the creeps in the City who have caused such a mess? Where are the exclusive reports about bankers ripping off their customers and hiding their money on off shore accounts? And where are the stories about the government colluding with the money men and shielding them in times of trouble? No, the brave scribblers of the free British press are preoccupied with whipping up the hysteria surrounding the allowances of members of parliament, investigating police tactics used during the G20 protests and writing endless articles about the so-called ‘email scandal’ which should have been forgotten long ago. The British media has chosen the easy route. Press awards await them, promotions, big book deals and huge pensions.
Well done boys and girls! Played you cards perfectly. Bluffed your way to prosperity.
Let us get this straight: the politicians have conspired with the money men and saddled Britain with a huge debt for many years to come. Instead of letting failed banks go down and be taken over by others the government gave them a new lease of life, at a huge cost to the public. What this would mean is that many of the people, who should have disappeared from the scene altogether, will remain in the banking sector and undoubtedly cause more damage in the future.
Incompetence in running the economy is one thing. But when the government bankrupts future generations for the sake of saving its skin it all starts bordering on the criminal. This is the time for all the mechanism o checks and balances to start working and for the media to go on the attack. But none of this is happening. The lonely voices on the Internet are drowning in a sea of worthless commentary and false praise.
The budget that the government has unveiled on Wednesday could have just as well been adopted in Zimbabwe, a country where its rulers do not give a damn what happens to the people. To imagine such a budget approved by parliament in a supposedly democratic country is ludicrous. Every MP who votes for this budget should lose the support of voters in his or her constituency. This has nothing to do with economy any more. This about a bunch of money men having it their way and showing two fingers to everyone else. To allow the government to borrow hundreds of billions simply because it needs to save the banks is ridiculous. It is corruption, clear and simple. It will extend the hardships for millions for years to come.
Gordon Brown is probably already considering his options for next year: which juicy job in the financial sector to accept? He should be in the Tower by now, pleading for forgiveness and not getting it.
We have been already calling on this website for the opposition to table the motion of no confidence in this government. If there are any decent people left on the Labour benches they should vote their government out. For the sake of their country. It makes no sense in supporting the idea that it would be harmful for the economy to have an election now. The fact is that 14 more months of Labour would cause even more damage to the British economy.
The communists have taken over Britain. It is time for them to go!
– End –
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2 Responses to “A Budget Worthy Of A Banana Republic: Wasting Public Money To Save The Bankers”
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Bang on the money as per. In refusing to thin down the bloated public sector payroll Darling has probably bought Labour its next election victory!
[...] maybe ‘Stirring Trouble Internationally‘ summarized the budget [...]