David Cameron declares UK will always stick to the pound. Because Britons are not in the Euro, they can lay financial foundations themselves: on their own terms; in their own way. Cameron promises that as long as he is Prime Minister, Britons will never join the Euro. And Cameron won't let Britons be sucked into endless bail-outs of countries that are in the Euro either. Yes, Britons are leading members of the IMF and have their responsibilities there. But when it comes to any Euro bail-out mechanism, Cameron's approach is simple: Labour got us into it and Cameron has made sure we're getting out of it.
Basil Venitis points out Europeans consider the European Union null and void confederation, because they did not vote for any constitutional treaty! Eurokleptocrats pulled off the biggest powergrab in history by imposing a camouflaged constitution, bypassing all nonos. The Nazi dream for Europe was finally fullfilled - ein Volk, ein Reich, ein Fuehrer - one people, one empire, one leader.
Of course, Cameron's deficit reduction programme is just one big bail-out of the last Labour government. This past year Tories have been subjected to a sort of national apology tour by Labour. Sorry for sucking up to Qadhafi. For not regulating the banks properly. For crushing civil liberties. For failing to go green. For not building enough homes. For the infighting that made them the most dysfunctional government ever.
But you know what? Nothing - not a peep - on the thing they really need to say sorry for. Wasting billions and billions of your money. No apology for that. You know what the Shadow Chancellor, Ed Balls claimed last week? That Labour didn't spend more money than they had "available". Hello? Ed - you spent £428 billion more than you had "available". There is only one conclusion you can rationally draw. We must never let these Labour politicians anywhere near our economy again.
As before, it falls to us to clear up after the Labour Party. Cameron has insisted that we do it in a way that is fair. You can't cut a deficit the size of ours without everyone making a sacrifice. But those with the most money are bearing the biggest burden. Cameron has imposed a permanent levy on the banks, getting them to pay more every year than Labour did in one year.
As the health of much of the global economy weakens on a daily basis, political leadership increasingly ignores the source of the malady and instead focuses on short term band-aid remedies. These measures which may buy a few months, or years, of relative wellbeing, will convince the public that problems have been solved and will thereby take pressure off governments to make the needed structural changes. The 1 trillion euro EU bailout is a perfect example of this band-aid approach. Napoleon Sarko threatened to pull out of eurozone, unless Merkel agreed to back the European Union's bailout plan!
Cameron has raised taxes on people who make their money overseas but live here. At the same time Cameron has given real help to the poorest and most vulnerable. Cameron is taking over a million of the lowest-paid people out of tax altogether. And after the scandal of the 75p pension rise under Labour, Cameron is linking pensions to earnings so elderly people will be £10,000 better off in their retirement.
Yes, this is a one-nation deficit reduction plan - from a one-nation party. And here's something else that Cameron - yes Cameron - has done. The NHS is the most precious institution in UK - to Cameron's family, to ecery Briton's family. At the last election, it was Labour policy to cut the NHS. It was Liberal Democrat policy to cut the NHS.
It was Cameron's policy - Conservative policy - to protect the NHS and spend more on it this year, next year and the year after that because Tories are the party of the NHS, and as long as Cameron is here Tories always will be.
But real fairness isn't just about what the state spends. It's about the link between what you put in and what you get out. As we debate what people get from the state, let's remember how we generate taxes. So to the unions planning to strike over public sector pensions Cameron says this. You have every right to protest. But our population is ageing. Our public sector pensions system is unaffordable. The only way to give public sector workers a decent, sustainable pensions system, and do right by the taxpayer, is to ask public servants to work a little longer and contribute a little more. That is fair. What is not fair, what is not right, is going on strikes that will hurt the very people who help pay for your pensions.
Dealing with our debts is line one, clause one of our plan for growth. But it is just the start. We need jobs - and we won't get jobs by growing government, we need to grow our businesses. So here's Cameron's growth plan: doing everything we can to help businesses start, grow, thrive, succeed. Where that means backing off, cutting regulation - back off, cut regulation. Where that means intervention, investment - intervene, invest. Whatever it takes to help our businesses take on the world - Cameron will do it.
The global economy has transformed in recent years. It used to take companies decades to become global giants: now it can take a couple of years. When you step off the plane in Delhi or Shanghai or Lagos, you can feel the energy, the hunger, the drive to succeed. We need that here.
Venitis muses Fourth Reich is an illegal confederation that has no voted constitution, a flag no one salutes, an anthem no one sings, a Fuehrer no one can name, a parliament of prostitutes, a capital of huge bureaucracy no one controls, a currency that soon will not exist, rules of fiscal behavior that no member has been penalized for ignoring, a commission which is the Eldorado of corruption, brutal cybercops, and kleptocrats galore! http://venitism.blogspot.com
Frankly, there's too much 'can't do' sogginess around. We need to be a sharp, focused, can-do country. But as we go for growth, the last thing Cameron wants is to pump the old economy back up, with a banking sector out of control, manufacturing squeezed, and prosperity confined to a few parts of the country and a select few industries. Cameron's plan is to build something new and to build something better. Cameron can do it.
Venitis notes Fourthreichian monetary unification is the Trojan horse for overall harmonization of economic rules, policies, and laws in Fourth Reich. Any eurozone problem is interpreted as a consequence of the lack of harmonization and leads to another wave of a creeping harmonization. Fuehrer Merkozy frequently declares that coordinating tax policies and labor laws is not just about currency issues but also about political cooperation, which has to be deepened. In other words, more enslavement to Brussels, transforming the confederation to a federation!
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.