Monday, November 24, 2008

horseshit politics

Oh dear. All day the telly pundits have been going on about 'a momentous day for the UK economy' 'cos prize tosspot Darling was presenting a pre-budget thing.

And what a load of crap it is. Gordon Brown softened us up this morning with a rambling speech about the new order (more borrowing, globalization etc etc), then his sidekick wooed us all with the staggering offer of a 2½% reduction in VAT to 15% (I remember when it was 5%!) - to be financed by an increase in NI in 2011 (as if Labour will still be in power then!!).

But the real crime (a capital one to my mind) is the total stupidity of this 'government' thinking it can BORROW itself out of this recession! Er - wasn't it borrowing that caused all this trouble in the first place?

In a way the pundits were right. Today has been a momentous one - the death of New Labour. We'll get a tory government by default even without an apology for Thatcher.

In reality the death of the globalized economy and the debt economy is now intricately intertwined with the two real crises - Peak Oil and Climate Change. But these buggers haven't figured that out yet ...
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