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Sunday, 11 October 2009

Selling the family silver

The BBC report that:
"Gordon Brown is to announce the sale of £16bn-worth of assets by the government in a bid to shore up public finances.

The prime minister will give details of initial sales that could raise £3bn - including the Tote, the Dartford crossing and the student loan book. "

Oddly the BBC are also still reporting that:
"Prime Minister Gordon Brown has painted an optimistic prediction for the economy, saying it was "simply not true" that tough times are ahead."
How far removed from reality are Gordon Brown and his cheerleaders at the BBC?

I don't see how this can be anything but dreadful news for the UK economy in general and specifically the value of Sterling. How soon before Sterling reaches parity with the Euro? Is it possible that this has been Gordon Brown and others' plan for some time, to destroy the UK economy so as to get the UK into the Euro?

By the way are all the protestations by Labour politicians that in order to enter the Euro there must be a referendum taken seriously by anyone? After all they are being made by the many of the same people who promised us a referendum on the European Constitution - "Ever get the feeling you've been conned?"*




*Yes a gratuitous John Lydon Sex Pistols reference.

1 comment:

Alex said...

Does not compute. If the future is rosy why sell assets that were onluy going to fund the deficit from Monday to Thursday?

Particularly as some of them - Dartford (already paid for by tolls), student loans and URENCO will have political issues attached.