"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen."

Wednesday, 16 December 2009

MorOn CO2


It's clear that there is nothing Gordon Brown will not do to make his presence felt on the World Stage.  He's preparing to give a reported £1bn to yet another international fund to combat climate change, this time to encourage 'poorer countries' to limit deforestation.

Who is lending the UK all this money that Brown is gaily helicoptering all over the world?  What are the interest rates UK taxpayers are expected to pay?   The UK has already borrowed £178bn this year and national debt is set to reach £1.5trillion - who, apart from Brown & Co, cannot see the stupidity of borrowing money to give away when you're already over your head in debt?
As he arrived in Copenhagen, Mr Brown painted an apocalyptic picture of the consequences of failure at the summit, saying that the world economy would suffer an unprecedented “catastrophe” if temperatures rise too far.
"If we do not act to tackle climate change, the costs to our standard of living will be huge - a reduction in our national income of up to 20%, an economic catastrophe equivalent in this century to the impact of two world wars and the great depression in the last."
He's actually revelling in this.  No doubt he goes to bed at night assured of his own righteousness and consoling himself with a passage in the Bible: 'a prophet is not without honour, but in his own country, and among his own kin, and in his own house'.  Poor old Brown; he's just misunderstood.



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2 comments:

  1. As George soros pointed out last week, it is China that will be lending us the money so that china can pretend to reduce her carbon emissions.
    Laughing all the way to the Bund.

    ReplyDelete
  2. Borrow from China to give to China - it doesn't sound like much of a financial strategy to me.

    ReplyDelete

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