How Labour will balance the books if it gets re-elected

We have the pantomime of Alistair Darling trying to outline a hole in the Conservative plans for spending. ( And it seems the journalists are getting pretty fed up with being treated as fools - except for those from Mirror group of course, who perhaps don't realise that's what's going on . )

But what if Labour won the general election ?

We all know that taxing the rich, without Marxist boarder controls to imprison your population, won't work ( except with your innumerate base vote perhaps ).

So how will Labour square the massive cuts it will be forced to impose with the daily lies coming out of the mouths of senior minsters ?

The answer is simple. They will blame the IMF.

Its the IMF and evil international fiance that made us do it gov.

We wanted to print money and increases spending for ever and ever but those unreformed capitalists at the IMF have insisted that the loan needed to employ Labour voters at Sure Start centres has to be paid for.

Nearer the election it will be time to make Labour answer questions on the IMF and if they will promise to resign and call a new general election if they have to call them in.

Public debt stabalisation costs - what Brown doesn't want you to see

From the Labour truth and embarrassing fact expunged IMF report:

Table 1.8. Public Debt and Stabilization Costs, end-2009

(In percent of GDP)

	Gross Government Debt			Financial
	200S	2010	2008-2010 (Percentage point	Stabilization Costs
Country	(Percent of GDP)	(Percent of GDP)	change)	(Percent of GDP)
Australia	8	7	-1	0.3
Austria	62	73	10	7.4
Canada	64	77	13	2.8
Denmark	22	30	7
Finland	33	46	13
France	67	80	13	1.8
Germany	67	87	19	3.1
Greece	95	109	13	4.1
Ireland	43	84	41	13.9
Italy	106	121	15	0.9
Japan	196	227	30	1.7
Netherlands	53	61	9	8.0
New Zealand	19	30	11
Norway	67	67	0	0.3
Portugal	65	78	14	2.3
Spain	39	59	20	3.7
Sweden	36	44	8	7.7
United Kingdom	52	73	21	13.4
United States	71	98	27	12.1

As BOM reports the Labour govt has bullied the IMF into removing the following table from their report. ( If I heard right on the radio is revised slightly down ).

This is the utter disaster that Labour have driven us into and they would rather you didn't find out about until after the next general election.

Have Labour already arranged over draft facilities with the IMF ?

As ever with Brown, its the small print you need to look out for. His father may have been a honest man, a man of the cloth, but his son operates by deceit, sub-defuse, misdirection, smear and straight lies and betrayal. He is a creature of the socialist left, which doesn't seek understanding and popular ( let alone democratic ) support, just power achieved through patronage, control of information, bullying and fear.

There are reports of Peter Mandelson talking about taking away the stigma of getting money from the IMF yesterday. The G20 has also created a fund that can be drawn down from the IMF - under the cover of doing something for the third world. (Much as extreme left wing agitation now hides under the green banner. )

The current corrupted government lead by Brown has been having trouble selling our children into debt to win the next election, having to print money to buy the short terms gilts and being unable to sell the all the long term variety. More cash is urgently needed, and as inflation takes of to destroy the middle classes they hate so much, the argument of fighting deflation will no longer hold for having a cash machine which is really a printer in the Treasury. So its the IMF next, sooner or later ( which means before or after the general election as that's all they care about).

Many of us on the right assumed that the involvement of the IMF would be the final proof that Labour had failed. But no, the spin masters of "the narrative" are getting to work to try to diffuse this moment the same way that Brown betrayal of his country and oath breaking from his manifesto was "handled" when he sneaked in late to carry out his treason signing the Lisbon constitution treaty.

And of course the BBC ( no one from the centre right available for Newsnight ) and Channel 4 ( its the end of Thatcherism hurray ) will help their friends in Labour all they can.

There is going to be a real fight for the nations soul against a force and movement that hides its aims, denies straight facts, deceives, spins and tells straight lies to the voters faces.

Its a battle I wish I was more sure of us winning.

Update: This issue is now going mainstream. Those unprincipled shameless ******** who have sold us into debt are going to ruin this country for the whole life times oif anyone old enough to read these words.

Its not an election these people need to be defeated in - they should be convicted in court for criminal incompetence and treason.

IMF poised to print billions of dollars

Is it just me or do you get a great sense of foreboding when your read that headline also ?

( Full headline "IMF poised to print billions of dollars in 'global quantitative easing' " in DT 18Mar09, Edmund Conway )

It looks like no one will stump up the cash for the IMF, so the IMF will be allowed to create it. (Given a similar dilemma isn't that what our government is doing ? ) In reality this just steals it from those who hold cash. A form of global wealth redistribution. Must be Gordon Brown's idea.

Holding notes with the words "I promise to pay the bearer on demand" is getting more and more risky.

Trading the national interest for a few more years in office

So the Queen's speech is in. Its not the occasion it used to be as Labour don't really like the monarchy or our country ( which it represents ). Hence the bad manners of Gordon Brown's pre-Queens speech announcements.

There were some measures that are half copies of Conservative ideas. Clearly the ever partisan Gordon Brown didn't want to leave the area of local control of the police standing out on a Conservative election manifesto. ( Lets be clear they are only proposing this as they don't want to leave a popular policy available to the opposition, but they don't believe in it. After all it would have happened about eight years ago if they did. )

There was a classic bit of muddling from Brown over Mortgages, which truly belonged in the emergency budget pre-budget statement ( another Brown ruse to get as many headlines out of each announcement as possible ). Who knows if it will work. Since the government has now purchased most of the main mortgage suppliers, it stood to lose out from repossessions twice - politically and economically. Maybe there is some sense in the idea ( as a Conservative I measure ideas on the effect not on who thought them up, we leave blind self interested partisan politics to the Labour party).

But the big message is the Queen's speech was short on bills. This means Labour is preparing for a general election soon. Either spring or summer.

On the Today programme at (about 4:20 into the clip I've referenced here) 4 Dec a pair of economists were being interviewed and one of them, (David B Smith I believe ) said:

"At some stage people in the international markets are going to decide this is a rerun of 1969 and 1976 we've got a totally feckless Labour government in charge of the British economy. Everything is being subordinated to fighting the next general election. Votes are being bought in the short term but in the long term are creating huge problems for the economy".

I couldn't have put it better myself.

We should all weep for our country and its misfortune at having the bunch of self interested selfish and ignorant charlatans who current lead Her Majesty's government.

Update: I hear the IMF is down to its last $100 billion. Much of which will be gone by the time Crash Gordon ploughs the economy into the deck after trying to buy the next election. The results of this scenario will be very real and horrific ( indeed people will die as a direct result ). The risk of a collapse of the UK's finances combined with no available rescue are much greater than anyone seems to e considering.

See also Danneil Hannan's article "Brown pawns the country for electoral expediency"

Either the Conservative party delivers the unwelcome news or the IMF will

Its time to deliver the news that the UK is shortly going to be bust and soon we will be facing the same prospects as Iceland ( enjoy that irony ).

Either the Conservative party gets its act together and starts delivering the solemn news to the electorate combined with what an analysis of what needs to be done (which I think people would support as they know in their hearts that all this borrowing and spending is ultimately doomed ) - or we can wait for the IMF to dictate it to Gordon Brown after a 4th Labour victory.

Personally I think the first way is best.