Daniel Hannan MEP appears on Glenn Beck March 29, 2009

UK MEP Daniel Hannan: Transcript of His Attack on Gordon Brown," via James Pethokoukis, US News & World Report, March 25

The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around £20,000. Servicing the interest on that debt is going to cost more than educating the child. Now, once again today you try to spread the blame around; you spoke about an international recession, international crisis. Well, it is true that we are all sailing together into the squalls. But not every vessel in the convoy is in the same dilapidated condition. Other ships used the good years to caulk their hulls and clear their rigging; in other words—to pay off debt. But you used the good years to raise borrowing yet further. As a consequence, under your captaincy, our hull is pressed deep into the water line under the accumulated weight of your debt. We are now running a deficit that touches 10% of GDP, an almost unbelievable figure. More than Pakistan, more than Hungary; countries where the IMF have already been called in.
Last year—in the last twelve months—a hundred thousand private sector jobs have been lost and yet you created thirty thousand public sector jobs. Prime Minister, you cannot carry on for ever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt. And when you repeat, in that wooden and perfunctory way, that our situation is better than others, that we're "well-placed to weather the storm," I have to tell you that you sound like a Brezhnev-era apparatchik giving the party line. You know, and we know, and you know that we know that it's nonsense!
Everyone knows that Britain is worse off than any other country as we go into these hard times. The IMF has said so; the European Commission has said so; the markets have said so—which is why our currency has devalued by thirty percent. And soon the voters too will get their chance to say so. They can see what the markets have already seen: that you are the devalued prime minister of a devalued government.

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[harj2009]

@offthahook08 I wish we had your problems ? what a fucking idiot this MEP is

[harj2009]

i bet hannan cries every day that he cannot run for president in America

[rumble58]

beck + hannan idiots.

i think Hannan's a closet republican in the conservative party. (In UK sense)

Fox is owned by Murdoch who hates the EU as it is not a business and could rival his power. Murdoch owns papers such as the Sun.

Americans only get a tiny part of media hate for the Eu that people in the UK get.

ughrr it's so tiresome

[ferihegy]

"This is spreading like wildfire except in the UK". Funny, that. Perhaps it's because we can see what a load of bollocks Hannan is talking and how his fame in the US is merely down to providing fuel to those who are desperate to find reasons to discredit Obama's planned reforms.

[Horrox101]

Socialism (thanks to the wonder that is the National Health Service) will most likely BE the answer to Cancer for the vast majority of people living in the UK!

Oh and for the record Daniel Hannan you have no idea how happy i am we dont have shows like this in the UK! i watch fox news on youtube and it scares me how blind people can be. America you have my sisincere sympathy

[LASTBREAM1]

according to your and our holy books and all sientifics theorys and conclusions of educated and smart persons israel will be rubberd out from existing facts we must admit as we must work out of this fact to make it closer, you must try to under stand what i am saying dont be stupid like israels leaders and dont argue

[offthahook08]

Can somebody please expose this agent. All of a sudden hes against the New World Order right! Ask him who took down the towers! Glenn Beck you have been exposed!

[mhskats]

Only people that think this crises or the thruth about it has anything to do with colour, race or religion is the one true idiot. homeboy25327!! go home and start studying and investigate before you judge.

[jochemlambers]

They are playing down a global reserve currency as a possibility because it is obviously not in the interest of the US, but a different reserve currency based on e.g. commodities would be much better for everyone on the long run. One that cannot be inflated by governments!!! Think about it! Sound money for all...

[homeboy25327]

Yo bitch, dis video is straight up RACIALIST!!!! How dare these 2 white dudes talk dat way about president Obama!!!

He is more intelligent den both of these white motha fuckas will ever be!!!!!

Down wit racialism!!!!

Obama forever all you white BITCHES!!!!!