Wednesday, April 28, 2010

Comment on the Belmont Club:
"The Bar of Cadiz"

The cascade of debt accumulated used to finance shoddy asserts that created a false impression of wealth, that was subsequently relied upon to justify profligate social welfare expenditures and extraordinary benefits for government employees, has bounced back and forth across the oceans and around the world. The economies are now consuming themselves, with the efforts to restore sanity resulting in spreading misery. This is the economic equivalent of an auto-immune disease spreading from host to host. It can largely be traced back to Barney Franks and his boyfriend at Fannie Mae. That unprepossessing duo may prove to be the Patient Zeros of the fiscal Aids crisis. Ultimately they may be responsible for more widespread suffering than Stalin or Mao Tse Tung. Barney the destructive dinosaur wreaks havoc.

Andrew Ian Dodge believes that a deal is in the works between Cameron of the Tories and his old schoolmate at Eton, Clegg of the Lib Dems. If that happens then the pacifist impulses of the Lib Dems and the Wettest impulses in the Conservatives may combine to make Americans remember fondly the great days of our partnership with Labour. The space for a voice friendly to America is getting smaller and smaller in Europe. Dodge believes that the major parties are foolishly throwing voters to the BNP. My question is can the UKIP benefit as the saner alternative?

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