Things I thought

Monday 28 June 2010

Economics/Filth

Masochism is rarely an attractive quality. I don’t mean the pretend-coy, arse-slapping methinks-the-lady-doth-cum-too-much masochism most of us enjoy. I mean the woe-is-me, self-hating, auto-industrial-flagellation that our current coalition government loves.

Yes, - I know there’s a deficit. I saw a program about it and everything. We’ve all been very naughty boys and girls – and perhaps a few hard cracks with the economic cane wouldn’t go amiss. A severe increase in the top rate of income tax, or a crackdown on avoidance and evasion, might appropriately redden the national buttocks. But that’s not how this slutty little coalition has chosen to play it. Instead, they’ve left the UK prostrate and hog-tied, ball-gag already in our mouths, and a “Britain: Open For Business” sign proudly hanging above our gaping national arsehole.

Take two recent decisions by our cock-hungry government. First, the scrapping of a loan to Sheffield Forgemasters. Their business – building parts for nuclear power plants – is not one I feel totally comfortable with. But it would, doubtless, have been fantastically profitable over the next few decades. Yet the Government chose to scrap it. What other explanation, apart from balls-deep masochism, can there be for such deliberate economic mismanagement?

Or, take a more recent decision – the announcement by Vince Cable that we won’t “prop up” failing auto manufacturers. In reality, this is just a massive fuck-you to British Industry. It’s not as though our fellow G8, G20 or G195 nations are going to halt their subsidies in response. So all this does is send a big signal to global manufacturers that Britain’s Government has no faith in Britain. We’re just bending over, spreading and hoping the financiers see us as easy.

The sad reality is that, no matter how much Osbourne, Clegg, Cable and Campbell widen their mouths and beg for jizz, all we’re likely to get is a torrent of hot, steamy piss from money-markets who despise weakness above all else. The lesson from those states who’ve stood up to them – for example, Argentina – is that they are much more eager to climb into bed with a nation that maintains a little bit of self-respect.

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