wheres the money?

Edward (as he is now to be called) Miliband, at the anti-cuts protest on Saturday decided to imply that the plight of those on the march are as the civil rights protesters in America and himself as the great Martin Luther King I cannot disguise my disdain for him and his party but this is on another level, most will know the struggle that those followers of Martin Luther King and he himself had to deal, so I will not go into that, but it is astonishing that Miliband could even try and make that analogy.

The budget on Wednesday proved to be nothing but a charade, possibly to keep the markets at bay, but having looked at the numbers, one has to wonder what on earth the three main parties in Westminster are playing at, the cameroons are suggesting that these are the biggest cuts in a generation when actual spending is rising (average) 50 billion over the Parliament, the liberal (social) democrats are still with begging bowl receiving  yet more concessions by the day and then labour and the unions, public sector etc.. are in hock with the Cameroons branding these cuts ‘the biggest since WW2. The numbers speak for themselves, so it is those in the public who tend not to follow politics or current affairs who will be mislead and it is those that are the votes these parties are out to get, those that continue to follow the ‘reality’ television and read such nonsense of the celebrities rather than look outside and see what the UK is becoming.

 

The cuts are therefore non-existent, the money is as always being redistributed and taken away  from some and given to others, this can be laid at Osbornes doorstep when things go wrong.

But the fact that the cuts are to be front-loaded is part of the euro-pact (Plus), so the coalition is just following our masters orders.

Europe is now getting the money it demands without a battle from the UK, Cmeron has signed the country up to further cooperation measures, in that of the EFSF, more competences passed to Europe and more sovereignty lost. Measures include these Conclusions of  24/25 March 2011 EU summit setting out (JR)

 

2. Within the new framework of the European semester, the European Council endorsed the

priorities for fiscal consolidation and structural reform.

priority to restoring sound budgets and fiscal sustainability, reducing unemployment through

labour market reforms and making new efforts to enhance growth. All Member States will

translate these priorities into concrete measures to be included in their Stability or

Convergence Programmes and National Reform Programmes. On this basis, the Commission

will present its proposals for country-specific opinions and recommendations in good time for

their adoption before the June European Council.

3. In particular, Member States will present a multi-annual consolidation plan including specific

deficit, revenue and expenditure targets, the strategy envisaged to reach these targets and a

timeline for its implementation. Fiscal policies for 2012 should aim to restore confidence by

bringing debt trends back on a sustainable path and ensuring that deficits are brought back

below 3 % of GDP in the timeframe agreed upon by the Council. This requires in most cases

an annual structural adjustment well above 0.5% of GDP. Consolidation should be

frontloaded in Member States facing very large structural deficits or vey high or rapidly

increasing levels of public debt.

15. Member States will set out the main measures required to move towards the Europe 2020

headline targets as agreed in June 2010. They will also present policy measures to correct

harmful and persistent macroeconomic imbalances and improve competitiveness.

Strengthening governance

9. The package of six legislative proposals on economic governance is key to ensuring enhanced

fiscal discipline and avoiding excessive macroeconomic imbalances. It includes a reform of

the Stability and Growth Pact aimed at enhancing the surveillance of fiscal policies and

applying enforcement measures more consistently and at an earlier stage, new provisions on

national fiscal frameworks and a new surveillance of macroeconomic imbalances.

 

Further more the operation in Libya will cost us and arm and a leg (most likely literally, too) Booker spells out in a great column today the cost of the operation and some details on europes funding.

It is another attempt of the political class in fooling the public (and yes some will be fooled), the fact is there is no money left and this coalition is spending more than the last, taking into account inflation, and the cost of debt the cuts are servicing both those, and the EU, it is as though Osborne still following the Irish (times£)

is on another planet, in that sense. The public are paying for governments mistakes, yet again. But the fact remains that governments find money for what they want to spend it on, the intervention in Libya was not necessary and Britain in Europe is not necessary, (the US trades perfectly well with the EU countries is just one example) if the UK needed europe than the claim of trade as a first priority does not stack up and the countries out of europe are coping far better than those in Europe.

The LibLabCon are indeed playing games, their arguments are false, getting rid of this coalition would be good, but look to newnewnewer Labour and they have nothing to offer, but more of the same, it is indeed time to get rid of the lot of them, maybe we could put the dêmos back into democracy.

leave a comment