Monthly Archives: January 2012
Spain defies EU over renewable subsidies
At last, a Conservative government with some balls – no, not the wet wimping pathetic excuse for a government that we have here in the UK, but the new Spanish government, and they don’t seem to mind upsetting the unelected mafia in Brussels by defying their ludicrous green policies.
Bloomberg report:
Spain’s new conservative government halted subsidies for renewable energy projects on Jan. 27 to help curb its budget deficit and rein in power-system borrowings backed by the state that reached 24 billion euros ($31 billion) last year. It passed a decree stopping subsidies for new wind, solar, co-generation or waste plants not approved by that date.
More playground dramatics, how pathetic
French President Nicolas Sarkozy has ridiculed Britain once again by saying that “the United Kingdom has no industry any more”, media reports said.
The recent spat was made during a prime time national TV broadcast, in which Sarkozy was trying to defend his decision to introduce an increase in the Value Added Tax (VAT) in an attempt to boost France’s failing economy.
By enforcing the 1.6 percent VAT rise, ordinary people will have to pay for social charges too.
The French President, who has admitted for the first time that he may lose upcoming elections in the Spring, also admitted that he was borrowing the measure from Germany, arguing that it had ‘helped to boost German competitiveness’ and had not led to a rise in prices.
But, when a journalist noted that Britain had experienced a rise in prices after increasing its VAT contributions, Sarkozy spat out the words: ‘The United Kingdom has no industry any more’.
His comments came as earlier in 2009, Sarkozy actually attacked a VAT rise in Britain, saying it had ‘absolutely failed’ to stimulate the economy.
Forget that Sarkozy is little more than a pint size Napoleon wannabe, or that Cameron thinks he is some kind of popular Churchillian masthead (not), these arrogant politicos actually believe that ‘the economy’ is what the government can screw out of the rest of us. Its takes no account of hard work and profits raised by the private sector, and is the keystone of Keynesian economics, i.e. that the State IS the economy.
Until all political parties realise and change their policy, that without private business, without the SME’s that drive growth, drive investment, drive employment and therefore tax revenues there will never, ever be any growth in the UK. The UK government must back off and give those private businesses the ability to thrive after more than 30 years of concerted effort by the EU to destroy every vestige of UK industry.
What we have today is diminishing capital, diminishing tax revenues and the ever tighter spiral of state employment and state interference. Until that changes things will only get worse.
The sooner we get rid of the EU and its communist ideology the better, the sooner we get rid of these UK politicians who believe all that East German political science they were taught in their PPE degree courses, the better off we will all be.