Lessons will be learnt

A mantra routinely offered by government, quangos, or 'fake' charities, when something goes wrong on their watch - yet it seems lessons have not been learnt.


The Daily Telegraph advises us that David Cameron will today formally open the NewBuy Guarantee scheme, where the Government guarantees part of a homebuyer’s mortgage, allowing them to take out much larger loans than they might otherwise be eligible for. (Emphasis mine)


Politics Home quotes Grant Shapps stating that this isn't going to cost the taxpayer very much money at all, if anything. (Emphasis mine)


Details of the NewBuy Guarantee scheme have been released here.


Even bearing in mind the statement issued by the Council of Mortgage Lenders, one has to ask: is not spending money that you haven't got how people and the last government created problems for themselves and the country? The statement by Shapps beggars belief - of course it will cost the taxpayer initially, whilst the proposal also brings in that element of 'referism', something which I have mentioned previously.


I hope that I am not alone in thinking this proposal a tad stupid?


Just asking........

Get your hands out of my pocket, you bastards!

Three articles caught my attention where political spending of public money is concerned, all of which show we most definitely do need the power of 'Referism'. 


Quiet Man links to a story in the Express about a four day trip to Cannes by politicians, both national and local, during which it is alleged thousands of pounds of public money was spent attending the world’s biggest property fair.


Christopher Booker, in his regular Sunday Telegraph column, reports on the fire at Tilbury and informs us that in order to reduce our CO2 emissions, we subsidise power companies to burn wood which ends up emitting much more CO2 than the fossil fuels it replaces, so that the Government is now told that this should only be allowed if the firms then remove that CO2 by a process so CO2 intensive that it doubles the cost of the electricity, in order to bury it under the sea using technology not yet commercially developed and which, according to various scientific studies, will never work anyway.


Finally, Politics Home inform us that recent research shows Britain's ten worst-performing wind farms are earning a total of £1.3m a year from Government subsidies. The analysis shows the poorest performing turbines produced electricity worth only half that amount in 2010, and that out of 300 UK onshore farms with a capacity of more than 500 kilowatts, only six worked at more than 40% capacity. To cap this little snippet of information, we then find Ed Davey, Energy Secretary, stating that he is no Mystig Meg, just a politician who doesn't know the future. According to Wikipedia, he doesn't seem to know much about the environment either - so why the hell is he doing the job he is and on what basis did the two numpties appoint him? 


Is this the way to run a country? Employ people whose main claim to fame is a degree in politics, philosophy and economics? If it is then the degree needs overhauling, cause they sure as hell have no philosophy and, bearing in mind the financial state of the country, they know squat-diddly about economics! Oh and where politics is concerned, read mafia.


How much more time do we allow them before we do string the bastards up? 


Just asking.........