RED ED BRITAIN AND THE POSSIBILITY OF BRITAIN GOING BUST – There’s nothing quite like a really good conspiracy theory and when you look at many there is always an underlying amount of fact and truth – these in turn only lead to further speculation.
Ed Miliband, or Red Ed, as he is now affectionately (or not) referred to by the press sees a day when Britain will once again be lead by a socialist government under his command.
Yes, we already know that Red Ed will freeze energy prices, increase public spending in order to turn Britain into a productive nation that will be able to shrug off the cloak of austerity and once again bathe in warmth of the socialist industrial revolution.
Yes, that’s industrial revolution for he seriously believes that nationalizing every factory, plant and business in Britain will make it far more productive … under Len (Lensky) McCluskey’s Union control.
Oh yes their won’t be any shortage of food, water, energy or jobs and Britain will become a sanctuary to anyone seeking solace from the oppression of capitalism – there will be no border restrictions regardless to where they come from.
How sound is this idea? Quite frankly Red Ed needs medicating or rather preventing from abusing medication – whichever it is clearly he never bothered reading what James Callaghan has to say after Socialist Labour bankrupted Britain in 1976 – yes Mr. Callaghan gave a very poignant statement with a clear warning about borrowing to dig yourself out of debt.
“We used to think that you could spend your way out of a recession and increase employment by boosting government spending… I tell you that this option no longer exists; and so far as it ever did exist, it only worked on each occasion by injecting a bigger dose of inflation into the economy, followed by a higher level of unemployment as the next step.” Jim Callaghan’s, British Prime Minister, Labour Party, 1976.
Just before the French Presidential election Ed Miliband was thrilled to meet with François Hollande, the Socialist candidate, to whom he felt had some outstanding ideas in order to turn the tide against austerity.
In a statement to the press after the meeting Ed Miliband declared;
“Mr. Hollande and I shared many ideas. The tide is turning against an austerity approach. There needs to be a different way forward.”
It appears that despite his predecessors stark warning of spend, spend, spend Ed Miliband remains convinced that the way forward is to impose higher rates of tax on the rich, bring industry and commerce under government control and yet again attempt to spend Britain’s way out of a recession.
It is clear that if Ed Miliband has his way he’ll tax the evil capitalists out of existence and in the process make Britain prosperous.
I’m never quite sure what to make of the socialist – watching Ed Miliband delivering a speech is akin to being charged three times the price for visiting a circus show; only to discover that there are few performers and the clowns are woefully lacking in any entertainment value.
Here is a man who believes in the fantasy of redisturbing the wealth by taxing the rich out of existence and all the while living a lifestyle far exceeding those of the average working family.
Socialism, or at least the ideology of it, is certainly a wonderful thing in theory and appears even more acceptable providing you are not subjected to its consequences.
So what’s the truth to these so-called measures to a ‘different way forward’?
We all know that François Hollande won the French Presidential election by a cat’s whisker and since then set has about on the path of a ‘different way forward’ that has been unequivocally catastrophic for the French economy.
It now has to be asked whether Ed Miliband feels that his ideology of progressive socialism is indeed such a good idea. The stark reality is that he is blinkered and refuses to acknowledge that François Hollande policies are about to bankrupt France and indeed he remains convinced that such an economic model is viable for Britain.
What really concerns me, and I’m not alone, is that Red Ed currently has over 40% of the vote; according to the latest polls – in other words if a General Election was called tomorrow it’s likely Labour and Red Ed would succeed power… could the British public really be that delusional?
Take a close look at France for what the French people are now facing will be mirrored in Britain if Ed Miliband comes to power – strike that… it’ll be a lot worse for Britain is already suffering from the burden of national debt, currently at 508% of its national income.
Consumption is at an all-time low and the property market is on its knees.
Unemployment has risen by over 11% and continues to do so.
Industry is on the brink of collapse due to the lack of investment.
Industry and Commerce are now experiencing record bankruptcies.
Welfare spending is skyrocketing with rising unemployment.
National Debt now stands at 97% of GDP
The wealthy and their money (those who invest) are abandoning France in their droves.
These are but a few of the issues France is now experiencing due to the ideologies of socialism that Red Ed wants to impose upon the British.
The only sensible statement to come out of Red Ed’s mouth is that we need to explore a ‘different way forward’.
The issue here is that he doesn’t want to explore a different way he wants to implement a system that has already been attempted in Britain, which lead to an IMF bailout in 1976 and follow in the footsteps of François Hollande.
It is, without question, complete and utter madness; but is there a ‘different way forward’?
Going back to the ideologies of the conspiracy theories it is often suggested that capitalism is merely a ruse to chain us with debt. The notion here is that the economy is not run by the Government but rather the bankers.
It has often been suggested that the true world leaders, who will eventually bring about a new world order, are the controlling members of the Bilderberg Group (see. Wikipedia).
The conspiracy theory is backed up by the facts that despite the banks being private corporations they were bailed out by Governments when they finally went bust.
I’ve heard suggestions that the 2008 financial crisis was in fact carefully orchestrated by the banks in order exert their power over Government and further increase national debt for even greater control.
Today the most powerful currency remains the U.S Dollar and it is of course a private corporation that is solely responsible for controlling it. The Federal Reserve is no more ‘Federal’ than Federal Express and yet it has complete autonomy over how much the U.S Government is able to borrow.
There can be no doubt that in today’s society where almost every aspect of our finances is controlled by debt that we are ourselves in fact controlled by the banks.
Government’s simply could never allowing the banking institutes to go bust for this would then result in a complete meltdown of the financial system and in turn bankrupt Governments – there simply wouldn’t be a way for Governments to borrow more money.
How much power do the banks have over Government and indeed the people? Look closely at Britain and its mounting debt. The only reason Britain remains able to stave off bankruptcy is the fact that the interest rates are at an all-time low; which in turn allows the Government to meet its financial obligation in repaying the interest on the £1.4 trillion debt – a debt that has risen by £700 billion since David Cameron was elected and which continues to rise.
If you care to discuss ‘conspiracy theories’ then it might be easy to deduce that we are in fact shackled by the banks in national and personal debt and there is no better way to control a population other than through debt.
Again, is there a ‘different way forward’? In fact there is and it doesn’t have anything to do with capitalism or socialism; it’s called Fiscal Responsibility.
The idea here is that each and every one of us is required to get a grip and more importantly set aside the indoctrination of capitalism or socialism and realise that both are one of the same in that there are two groups desperate for power and will go to any lengths in order to convince the people that their policies are the right policies – that is they’ll convince you that prosperity and social harmony is but a tick away in the right electoral vote box.
There are two keys to Fiscal Responsibility – Civil Servants and Welfare
The truth is that under socialist and capitalist regimes of the past and present both have inflated the size of both keys and they no longer fit the locks.
That doesn’t mean that the doors cannot be opened in fact the weight now behind them is forcing them off their hinges and once they give way the economy may never recover.
France currently employs 47% of its national workforce within the Government, Britain currently employs 45%. There are now approximately 500,000 civil servants in Britain which only exasperates the social problems of accountability.
It’s hard to imagine that Britain once ruled one quarter of the globe and managed the entire lot with just 4,000 civil servants. However the growth in the number of civil servants combined with the decline in our control of the globe merely highlights just how incompetent Government has become.
It appears that nobody has a clue what is going on and the solution is to employ more civil servants in order to find someone who does – or rather simply create another scapegoat for Ministers and MPs.
It’s time to prune the apple tree of all the dead wood for it is restricting its ability to produce and bear fruit.
The second part is Welfare and it is this part that prevents people from wanting to introduce Fiscal Responsibility as welfare is no longer viewed as ‘temporary relief’ but rather an ‘entitlement’.
It’s time we realised that welfare is not a responsible way to build a thriving economy but rather the ability to allow anyone to do nothing and yet get something for it.
There should be no job seekers allowance, child benefits or tax credits. We must learn to live within our means and work for what we want.
Think about it carefully… If we stripped Government of 98% of its civil servants then the NHS would be in a much better shape.
Implementing Fiscal Responsibility doesn’t mean hanging welfare by the neck until it is dead, it just means controlling it.
Under Fiscal Responsibility it is possible to have a welfare system but only one that provides support of our Health Service and those genuinely unable to work such as the disabled or those between jobs. Would it really be so terrible to suggest that unemployment benefit is only provided for a maximum period of one month – isn’t that long enough to find gainful employment?
Pensions also need addressing; no, Fiscal Responsibility wouldn’t mean stopping current pensioners from receiving their monthly allowance but it would mean measures to phase it out.
Right now, we feel controlled because we are in debt and as I stated debt is the easiest way to control people – threaten to take away a person’s house, car and other possessions and people become scared and will plunge themselves further into debt in order to maintain a lifestyle that debt has ultimately created.
We cannot expect our Government to take responsibility when we ourselves refuse to do so. The up and coming General Election in 2015 won’t matter an iota in respect of who gets into power for none of the current parties are willing to look at Fiscal Responsibility and this is due to the fact that the banks currently have them right where they want them… drowning in the lack of responsibility named ‘debt’.