Wednesday, June 15, 2011

The Coalition Government has shown weakness and will soon pay the ongoing price

The climb downs and U-Turns have been piling up. Most of them are a direct result of a lack of conviction by Lib Dem MPs and ministers ( many of whom know they are doing the wrong thing ) and the Conservative leadership in No10.

This is already having consequences.

The demands from each special interest group have gone up in volume.

They can't all be dealt with by appeasement and passing the debt onto our children.

Now here come the Unions to do what they do best - strike.

They need to be faced down.

But is the coalition strong enough to do it ? The very asking of that question encourages those who want to continue the Ed Balls flat earth approach to economics and keep on piling up the debt. ( And let us not forget the poverty that those taxpayers who work in the private sector are looking forward to in their retirement. No guaranteed benefits backed by the terror of the state to extract them from their fellow citizens for them. )Link
The battle coming up is critical - but I'm afraid David Cameron is more Ted Heath than Margaret Thatcher. The war may last for 10-15 years, and the next battle be lost due to insufficient resolve. There consequences for all the people of the UK will be very unpleasant indeed.

I hope I'm wrong here.

Further: Daniel Korski is warming to the same theme over at the Speccie Coffee House.


Wildgoose said...

Meanwhile, I see Greece is on National Strike, protesting not what is actually being done by their Government, but what might be done. Eh? No, I don't get it either.

They're going to default, but everyone is pretending that they won't. I remember when the Euro was set up and we wouldn't join that the EU actually said that Greece had passed the financial stability criteria but that we had failed them. How's that working out?

Meanwhile, the European Central Bank is taking on billions on behalf of Greece, Portugal, Ireland, (and no doubt Spain, Italy, etc.).

But it's not a real central bank is it? It's more like a big international bank whose shareholders are the various Eurozone countries. You know, the same countries who are borrowing from the bank, (set up with their own money), and who now appear to be going bust one by one....

It's all a real mess now, but just wait until everything blows!

Pass the popcorn.

Bank Lending Criteria said...

Parties so far apart that as one shouted about how it would impose a cap on the number of immigrants entering the country, the other promised an amnesty for those already here illegally.