You, Sir, Are the Devalued Prime Minister of a Devalued Government
Would that we had an articulate defender of freedom in Congress as Daniel Hannan, Minister of the European Parliament for South East England.
Here is a video of him confronting the Prime Minister of England.
The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around £ 20,000. Servicing the interest on that debt is oing to cost more than educating the child.
Now once again today you tried to spread the blame around; you spoke about an international recession, an international crisis. Well, it is true that we are all sailing together into the squalls, but not every vessel in the convoy is in the same dilapitated condition. Other ships used the good years to caulk their hulls and to clear their rigging – in other words to pay off debt. But you used the good years to raise borrowing yet further. As a consequence, under your captaincy, our hull is pressed deep into the waterline under the accumulated weight of your debt.
Now it’s not that you’re not apologizing. Like everyone else here, I’ve long accepted that you are pathologically incapable of accepting responsibility for these things. It’s that you are carrying on willfully worsening our situation wantonly spending what little we have left.
Prime Minister, you cannot carry on forever squeezing the productive bit of the economy in order to fund the unprecedented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt.
Watch the whole thing. Much of it applies to all the Democrat and Republican politicians in government today.
Hat tip, Lew Rockwell