No, it's not cancer and, strictly speaking, it's not Gordon Brown's tumour but yours if you are a British tax-payer. The international Banking crisis will, in the end, effect us all for both good and ill but it is extraordinarily difficult to forecast how and when. Nearer to home, however, and the harsh reality is there for all to see - except for those who insist on remaining blind because they do not wish to see! Allow me to sum it up for you:
Your household, along with every other household in the country, owes £26,100 on top of whatever other debts you have run up personally.
And just to help make your day, that does not include the Northern Rock commitment and even worse, the unfunded public sector pension schemes which total up to around £1 trillion.
You see, for the last 10 years as Chancellor Gordon Brown has, with the aid of neophytes like 'Ed' Balls and under the deceitful patronage of Prime Minister 'Tony' Blair, been deliberately lying over the extent of the debt that has arisen as a result of his profligacy. Like a whore dressed up as a 'Sally Ann' from the Salvation Army, this poltroon has shaken his tambourine and boasted of his 'prudence' with the nation's finances as expressed in his so-called 'golden rule' that government borrowing must never exceed 40% of GDP. What this despicable, lying liar failed to make clear, and what 90% of the media have failed to investigate and publicise, are all the PFI deals that Brown hid off the nation's accounts - precisely the sort of secretive action that dodgy chief executives of business conglomorates are jailed for when their malfeasance comes to light. Some people are hinting that the campaign against Gordon Brown has gone too far and that no man deserves the amount of vitriolic opprobrium that has descended on him in the last 12 months. I disagree vehemently; this wretched man should be chained naked in a tumbril and towed through every High Street in the land before being sentenced to exile in North Korea. An international warrant should then be issued for the arrest of a certain, Anthony Blair, formerly of this parish!
The 'Cameroons' must be wetting themselves at the prospect of having this mess of potage handed over to them. Nightly, their prayers must be that Brown hangs on for as long as possible so that there can be no shadow of a doubt that he and his doomed political party are the 'onlie begetters' of this stinking corrupt pile of debt which we, the electorate, will have to pay for unto God knows what generation. Cameron and Osborne need to start spelling it out now and keep on and on spelling it out so that no-one is under any misapprehension that if things are bad now, they are going to get very much worse when all these IOUs hit the Treasury over the next 20 years. Any attempt on their part to pretend that they have a magic wand to wish it away will quickly be found out and the danger then becomes that a disillusioned British electorate will turn to some highly dangerous maverick who will promise all things to all men. The Tories need to be absolutely honest with the people and tell them in no uncertain terms that extremely rough times lie ahead. They need not be specific because that would frighten the electoral horses, but when, in government, as they will have to do, they raise taxes, slash government spending (in the NHS, welfare payments, education, local government, etc.) and lay off hundreds of thousands of governement employees, it should not come as a surprise to the British people who should be encouraged to lay the blame fairly and squarely on the Labour party. Thus, amidst the pain, a small pleasure may be derived by us all at the sight of those ghastly, slithering crooks, spivs, lick-spittles and mountebanks who have grown like mould over our nation's affairs in the last 10 years, being forced out into a bleak, cold world to find out the hard way exactly what they are truly worth. Good luck, Mr. Balls!
The Spectator, as usual, put it all much more elegantly and authoritatively than me.
You are aware, aren't you, that George Monbiot covered all this about seven years ago in "Captive State"? Oh dear, you weren't. Never too late to catch up though. Hey, Duff?
Posted by: punkscience | Monday, 22 September 2008 at 13:17
Really? I hadn't realised that Cameron and Osborne were leaders of the Tory party seven years ago. Must have missed it!
Posted by: David Duff | Monday, 22 September 2008 at 14:49