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Badger haired Darling to spend our money to get out of recession.

Oh where to fucking start on this one?
Public borrowing has soared to its highest level since Britain was being rebuilt after World War Two.

The Treasury borrowed a massive £37.6billion between April and September, outstripping the entire total for 2007 in just six months, to hit its highest level since 1946.

A record £8.1billion was borrowed in September alone as the credit crunch tightened its grip. Analysts had predicted it would be nearer £6billion. 
That would be the same expert fucking analysts who despite warning HM Govt on record debt levels failed to spot the credit crunch looming on the horizon.

The data, coming 24 hours after Chancellor Alistair Darling pledged to spend his way out of a recession, proves the Government's targets for borrowing are now in tatters.

Spend, has he not heard of inflation? Jesus wept! There are tribes in the darkest parts of the Amazon jungle that untouched by any part of the modern world could understand that this a recipe for disaster.

Just look at this fools policy - by this fool I mean of course one James Gordon "Cyclops" Brown who is pulling the strings from No.10, they were happy to sit back for years and do alsolutely fuck all about spiraling debt levels despite being warned. 

Sure people bought, everything from TV's, through to cars, houses, holidays in the sun and all of it paid on the never never. Run out of cash, get a re-finance, get another credit card. Remember the words of the one eye'd leader "No more boom and bust."...

Then when the banks/finance companies who had hawked debt suddenly realised that they owed money and it all turned to shit, we had our money used to bail out the banks. Now the banks won't lend and are crapping themselves at people going broke, losing their jobs and being unable to repay the monies that said banks threw at them in the first place.

We are all shareowners we were told, no we are being put in fucking hock for years to come to bail out the fucking cunts who caused the crisis.

Now rather than "prudent" economic policies we get a fucking spending spree from HM Govt to boost the economy. Now guess whos money is being spent? Yep, your mine and your kids. 
Mr Darling said in his Budget back in March that net borrowing would reach £43billion by the end of the financial year before falling to £38billion next year.
However, the credit crunch and economic slowdown has seen tax receipts drop to below Government spending - forcing it into a spiral of borrowing. 

Analysts now believe the overall total for this year will probably top £60billion and that the figure will eventually hit £100billion.

Capital Economics' Paul Dales said: 'At this rate, borrowing is on track to hit at least £60billion in the full financial year. But much worse is to come - borrowing is set to rise above £100billion in future years.'

Now let me point out a very simple flaw in badgers plans. If you spend more than you have coming in, you end up in debt. Debt that has to be paid off, debt that has to be clawed back from you, me and the next generation through taxes.
According to today's figures, the Government's current receipts grew by £1billion to £39.2billion but expenditure jumped by almost £2billion to £43.6billion.

So lets do some maths here 39.2 coming in and 43.6 going out a loss of 4.4 billion quid.

Now the debt is going up 0.6% in August, once the debt for taking over Northern (C)rock the golden rule that debt must not exceed 40% of GDP has been broken at a huge 43.4% of GDP. 

However figures don't take in the bailouts of irresponsible banks like RBS, Lloyds TSB and HBOS. 

But the best bit of comedy in a tragic sort of way was the badger echoing the words of his cyclops master next door in No.10, he claimed that "prudence" and "debt repayment" over the last ten years had given them room to manoeuvre.

So why the fuck do their own figures say the fucking opposite the lying sacks of shit? Maybe the one eye'd leader that no one voted for is looking at this the wrong way up whilst sitting there fingers in ears going "LA LA LA". A mono visioned not so wise monkey seeing no crisis, hearing no crisis etc.

Oh as for the people who took out 80 different credit cards, 50 store cards at 29.9%, has re-financed their loans, then consolidated them with a bit more on top, added to their mortgage for that "special holiday" or fancy gazebo in the garden. 

You believed the credit pipe dream would last forever, well now its crashing down and you realise that your in hock for fifty years to finance companies, the negative equity has wiped out your profits and now times are hard you can't pay back the monies borrowed.

Well your cunts, dumb cunts hiding from Mr Rottweiller & Co. Bailiffs Ltd. Cunts who blame Billy Bob & Cletus in the US for doing exactly what you have been for the last ten years. 

As I shall be forced by Gordon to fund the banks you owe cash to I really have the right to call you a cunt, along with one James Gordon Brown a man who makes me so angry I could punch his lights out
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1 people have spoken:

MathewK said...

It's a similar strategy here, spend our way out of it. The rodent has already spent half the surplus left by the previous conservatives. Naturally he's sort of claiming that it was all his doing, but not really, because everyone will know he's really a lying rodent.

No clue as to what he'll do once the surplus is gone though. I guess it'll be the usual leftist answer to every problem, throw more of other people's money after bad.