St Vince of Cable has raised his ugly head at the LibDem group therapy hug and stated that “the UK is at economic equivalent of war”
Conference hyperbole? Possibly, but one thing is for sure, I can certainly hear the distant rumble of trouble. REAL trouble. German banks are going to have to be “recapitalised” at a cost to the German taxpayer of €167 billion, so that they can hand money to the Greek banks who in turn can repay the French banks for the projects they financed to make the European Union the bundle of democratically elected fun it is today. Van Rompuy states it would be “mind boggling” if the Eurozone were break up into a two tier system and word is afoot that the Chinese housing bubble is about to burst.
In other words, our exalted leaders are struggling in the quicksand they created. More so, they are pleading to stand on our shoulders. Having plundered our money, they are hiring 2,000 new tax inspectors to hunt out the last few remaining morsels of other peoples money and still, they refuse to stare into the abyss that faces us.
A collapsing system, built of straw on a sand foundation is not going to stand up to the battering it is about to receive. The obedient Germans are not going to take much more of bailing out Greek Banks on behalf of the French Banks. Already Merkel has been told in no uncertain terms by the voters of Berlin that it stinks and more is to come.
But to return to Vince’s quote, he may well be right. Our money, our earnings, our labour has been subjected to a brutal assault at the hands of Politicians. Propaganda floods the airwaves telling us to “pay our fair share” of a cake I didn’t order and have no appetite for, and in the background, the Generals of the banks belly laugh at us. No struggling in the swamp (or a single jail sentence) for them, just a vague threat that in nine years, if they haven’t won the war and created what the Politicians promised us all they would create, they will be forced to sit on the naughty step for a bit.
Personally speaking, I am prepared for economic war. I have kept my powder dry and learned my craft. I am no mindless drone slaving away to own an iPad in the hope it will bring me happiness. When the banks come calling, via Vince Cable of course, for more of my money (to fight the good fight – onwards comrades), they will be met by my own little resistance. War is a choice and there is no way I intend to fund the real enemy, the ones who opened fire on us, contrived to enslave us whilst Lord Haw Haw of Cable bleated how we must work longer, harder and faster otherwise the “state” will face great problems.
Bring it on Vince. I’ll see you on the beaches – mind the quicksand, quantitive easing has diluted it to perfection.