Alistair Darling interview before pre-budget statement, part1of2 (06Dec09)

Part 1 or 2: Failed New Labour chancellor Alistair Darling gives an interview days before he gives a pre-budget statement, expected to paint the UK economy with roses again no doubt. Economy to grow? New Labour will rely on Christmas sales to appear that the UK has come out of recession, when in reality it has not.

Recorded from BBC's Andrew Marr Show, 06 December 2009.

Category:

News & Politics

Tags:

• new
• labour
• created
• uk
• recession
• depression
• alistair
• darling
• interview
• pre
• budget
• statement
• december
• 2009

[Wolfiespeaks]

LYING SCUM

[alanpgoodwin]

@jaguarclaw National insurance contributions and council tax pay for education, pensions, welfare, fire and police etc. Income tax goes directly to government to pay central banks for war loans. Same with VAT and all other stealth taxes. Check it out for yourself.

[nethy02]

why is alistair darling according to dan and bradstreet trading as the labour party???

[rumco]

We're getting closer and close to facism - government hand in hand with big boys. If you make a mistake, you pay, that's how capitalism works. In this case, big boys made a mistake (because government got them drunk) yet they didn't pay for it. Tax payer bailed them out.

You have to understand that recessions are the cure to mis-allocation of resources. FED printed too much money in 20's and they made it worse after that by introducing the New Deal. Keynes advocated government intervention.

[rumco]

That's the ultimate argument for socialism - poor would die of starvation.

I agree, safety net is necessary. However what is happening now is way beyond safety net. People have no incentives to work as long as they keep receiving housing benefits, unemployment benefits etc. Some even abuse the system.

My main problem is that government (read as few people) cannot have the knowledge of how to use the resources in most efficient way. They're driven by politics.

[rumco]

Defence has turned into preventive wars. Welfare state is expensive. Police, fire don't cost as much.

I argue that nation is better off without bloated government, things should be broken down to county/council levels where people have more to say who dictates the policy.

Your pension should be what you have saved all your life, however government with its central banking makes sure that few % each year of that wealth is stolen from you via inflation (because it's easier for them to pay debt).

[rumco]

This is ridiculous, what a socialist. "All tax has to be fair and reasonable". Fair tax is no tax.

[rumco]

It should have crashed. You make a mistake, you pay. They should have cleared all the bad debts, people would suffer but recovery would be faster. How much money are you going to print? Bloody Keynesians!