"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."

Tuesday, 23 November 2010

Eight Weeks Ago...

...Caroline Atkinson, the IMF's director of external relations (?) said this:

Yesterday, as British banks lost billions in value on the back of the political turmoil in Ireland, George Osborne confirmed that Britain would play 'a leading role in the international bail-out' with a direct loan worth several billion pounds.
The loan will add to this country's record government debts.  British taxpayers will also contribute to rescue packages from the European Union – after an agreement reached by Alistair Darling, the former Chancellor, and the IMF.  In total, Britain may offer more than £7 billion, and possibly up to £10 billion...
The structure of the deal could also mean British taxpayers have to contribute to any bail-out of Portugal, Spain or other eurozone countries.
So, the asset-stripping of the country will continue.

One commitment the Cowen government had previously made as a gesture to 'all being in it together' was overturned at the weekend: they've now decided to keep all their security, their limos & police outriders.  I wonder if Westminster will be stepping up its security in the coming weeks, as Germany has already done at the Reichstag under the guise of prevention of terrorism.  It's all looking very nasty.

Here's what's been happening in America this week:


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