Thursday, 12 January 2012

Surely we cannot go on like this?

The Daily Telegraph reports that George Osborne told MPs that it may well be necessary for extra support to be provided by Britain to the International Monetary Fund (IMF) for the global fund to help stricken governments. We read in the Mail that Barroso is calling for Member States to contribute even more to the EU bail-out fund. Ian Parker-Joseph posts on why Member States are unable to reduce their spending and Pixijade posts a most telling graphic on the state of the UK's debt.

Elsewhere, in other news, the Mail breaks the news of the findings of a report, one commissioned by a group of ten Conservative MPs, on events since Britain's subscribed to the European Court of Human Rights (ECHR). The report can be downloaded from here (see foot of page) and on that page will be found the names of the ten Conservative MPs concerned. The question of Britain's acceptance of the ECHR is further complicated by the European Union's intention to join the ECHR in its own right; and on that last point Open Europe has a reasonable summary here.

What the above shows is that monies forcibly extracted from us in the form of taxation is being spent by politicians without any referral to those that are providing it - which makes a case for 'referism'; that any Chancellor of the Exchequer's budget is not fully under his control - hence a loss of sovereignty; that politicians, especially Conservatives, seem to speak without engaging brain whilst also seeming to have no idea how to clear debt. What a way to run a country!

All of which also shows that a debate on the type of democracy under which we live is long overdue.


Anonymous said...

This insanity must stop.

WitteringsfromWitney said...

Anon: *Ahem* who did not follow the links, 'cause had you done so you would have seen that that was what pixijade posted........?

Anonymous said...

Oh yes apologies.

Dave_G said...

I am utterly perplexed. Billions for the IMF, billions for HS2, billions here, billions there, here we go, there we go, billions everywhere.....

But where the fcuk are these billions coming from? I thought we were skint? I thought there was a recession? I thought we OWED even MORE billions. I thought the plan was to repay these billions.

Someone. somewhere is telling porkies.

/sarc off

WitteringsfromWitney said...

D_G: Exactly, someone is telling porkies - and when have our politicians told us the truth on anything?

I have been for some time of the opinion that the only way we can change the 'system' and our politicians is to take to the streets and introduce them to their own individual lamp post!