Tag Archives: It’s the economy stupid


So the European Commission have decided they need a 4.9% budget increase. They must be having a laugh. The chancellor and PM need to fight this one tooth and nail…there should be no increase in the EU budget whatsoever. Just flat out refuse to pay it, the thing with brinkmanship is that the one with the most to lose always backs down and that’s the EU. It needs the UK more than the UK needs it. And if it won’t back down then they need to realise that we still have the ultimate ‘nuclear option’ (A proper one Vince!), a referendum on remaining in the EU…they know they’d lose, they could throw as much money at it as they want (as long as we’re not paying) but they’d lose. So bring it on and let’s wipe the smug grin off the face of that git the EC put up on Newsnight.

I just read an excellent comment on the Spectators Coffeehouse blog about this issue where someone came up with an excellent suggestion of leaving the EU and starting a rival pan-European organisation that is purely based on free trade and will always remain so. Could it be done? All the benefits of the EU without the downside. French Farmers and much of eastern europe would hate it as it ends their gravy train but it would be a boon for enterprise. Ian Walker (the commenter), take a bow!


America goes tits up

Well the news that Standard & Poor have downgraded the US’s AAA rating outlook to negative has been a bit of a bombshell. It does vindicate George Osborne’s decision to treat our own defecit with the seriousness it deserved though…and Obama’s come out of it looking completely useless again. He’s in danger of making Bush II look like a collossus in comparison.

Calm Down Carswell

There’s a lot of things I admire about Douglas Carswell, He’s quite forthright and articulate about his desire to see Britain leave the EU and why it is in the national interest, he’s a passionate believer in the democratic rights of ordinary people and is a strong believer in devolving power to local communities. But this little spat he’s having with George Osborne looks a bit silly. Osborne has stated unequivocally that he was unhappy with the terms of this european bailout scheme which added a serious liability to UK plc, he stated it at the time and he hasn’t changed his position. Even the previous Chancellor, Alistair Darling gave a statement to the house confirming that Osborne had expressed his reservations to him. Now because of some incompetent note from a junior minister that ‘there was cross-party consensus’ (except both Chancellor’s confirmed there wasn’t, Cable might have been for it but then as now, no-one really gives a fuck what that idiot thinks) Carswell wants an inquiry held to find out if Osborne mislead parliament.

Now, when we’re in a bit of a financial squeeze do you think it’s a wise way to waste public funds to investigate this, given that Darling has backed Osborne’s version of events even though it would not be in his party’s interests to do so.

Put the Dunce cap on Carswell and stand in the corner for the next week.