Re-Float the Good Ship Britain

by Craig Chapman & Earl Hollow - 07:57 on 02 October 2008

Popular Alliance do accept that we have to be grateful that the leaders of the largest political parties have spoken this week to push through as many financial rescue details as possible with the collective aim of preventing further financial disasters to unleash themselves upon every aspect of our lives.  

We do however wish to point out :- 

i) As the financial leader of one of the world’s biggest economies for 10 years and the party leader for 1 year, we consider that Gordon Brown is up to his neck in the poor financial judgment and lack of regulatory control that has led to the global collapse within vital money markets.

He can blame the American lending system and the short term thinking investment practices of many working in the City of London all he wants, but this man, who has arrogantly told us that he is the very epitomy of prudence has had his come-uppance and we can tolerate him as a reliable and trustworthy leader no more – if we ever did in the first place. 

It is now time to see just how much of the inflated tax revenue Mr Brown has remaining from the last few years of boom, to bail us out of this worldwide slump and prove to us that he has indeed been prudent. Our own calculations suggest that any such action will have to be borne by increased future taxation and more cuts to the vital services that we have good cause to expect our taxes to cover and provide.  

ii) The speech by David Cameron last night on the Tory’s party political broadcast said the things he wanted to say and that many in the country wish to hear, very clearly, so well done to him for reading my last 20 blogs !!!

What he did conveniently leave out was that many typical Conservative supporters, movers, shakers and financial backers are working smack-bang in the middle of the financial industry that has dug this irresponsible hole in the first place and without them, their party would not exist. With even more Tory approval, many of these "astute money gurus" would have dug even bigger holes for us to crash into.

There are of course, two sides to Mr Cameron’s eagerness to appear responsible. If, as his advisors have no doubt advised, Mr Brown’s bail out package works for the short term, then Labour will no doubt claw back even more of the 10% ratings difference, such is the lack of basic understanding and wider perspective most apparent with so many of the electorate, who should have dumped both of these flatulent, behemoth parties long ago. 

iii) Wasn’t it nice of them both to invite Mr Cable along for the meeting - bless !! No doubt the costs of the meeting are now listed as reclaimable expenses rather than in a normal day’s work, making up for long stints of being paid a fortune for being asleep at the wheel.

Popular Alliance ask :- 

i) Where are the EU in the middle of all of this ? They must have bucket loads of ready cash to throw back into European finances if they are as they keep telling us - the financial giant, building themselves up to rival the USA. We read elsewhere that it is the USA oil and business giants that influence so much power behind the EU, which could quite well dent the EU's coffers badly. They can’t have it both ways, they either support the USA and vice versa or they rival it ?? 

ii) Is our government going to set out a programme of financial sector reforms and rules to prevent individuals bringing down nations in the future ? 

iii) Is our Government going to carry on blindly giving away our nation’s wealth to such undeserving bodies as the EU. We read yesterday that we still give China £30M aid every year, whilst they happily throw £30Billion at their Olympic games and have astronauts performing space walks. How many more pointless and kitty-draining pay outs are we committed to at a time when people across our nation and so many businesses are struggling like hell ? Popular Alliance suggest a complete stop and re-assessment of ALL aid packages. The Lord helps those who helps themselves and we’ll be no help to anyone as a bankrupt island of fools.

iv) We also ask, how much have those terror organisations and their backers made out of this financial meltdown ? Money does not just disappear, someone has made an absolute mint out of this global cock-up. Every bunch of gun-waving jihadists are amazingly well funded through both illegal and legal means - collections, investments and the like. They will have seen any involvement in short selling activities as an important role in bringing about the downfall of Western finances - a huge victory. Talk about leaving yourselves wide open !! How can anyone consider voting for these clowns ever again ?

So, what do Popular Alliance offer to right the boat and set sail again ? In short :- 

i) Identify and eliminate all unnecessary Public Expenditure, focusing only on what is directly beneficial to the UK economy. We are no longer in a position to be throwing funding at around Europe and the World. 

ii) The savings from the above action would be used to Reduce Taxation both to individuals and business to promote growth in the economy, once the ship has been steadied. We can only control the levels required to fill the collective tax bucket, once the leaks have been repaired. We have identified those leaks and are brave enough to repair them.

iii) Impose strictly controlled guidelines on bank lending to prevent a crisis as outlined above from happening again in the future.  If that means slower but steadier growth, then so be it.

iv) There would a clamp down on irresponsible lending and risk taking by bank employees. Anyone found to be responsible for such actions would be deemed to have committed an offence.

Again, we would have expected such simple common sense to be page 1 of our government's agenda, especially such a prudent one !!

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