THIS IS NOW.
THIS WAS FARAGE ON GREECE AND THE EURO TWO YEARS AGO.
FARAGE TAKING NO PRISONERS.
Tuesday, September 20, 2011
Nigel Farage, Raising Hell About Liberty and EU-IMF Dictatorship
He's compared a fellow politician to a 'damp rag', had an extra-marital fling - and survived a plane crash. ‘When the pilot said to me: “Nigel, this is an emergency”, I knew exactly what that meant. I could see the sweat on his temples and I could see him fighting to keep control. He said to me a couple of weeks afterwards that I had been very calm, but what else was I supposed to do? I reasoned that he didn’t want to die any more than I did, so if I was panicking or making calls on my mobile that would just make the difficult job the pilot had harder.’
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Greece downgraded to "America" Status.
ReplyDeleteFORBES:
The economic policies imposed on Greece by the governing elite have made things worse. The combination of spending cuts and massive tax increases slammed the economy, which shrank 7% in 2010, and 5% in the year ending June 2011. As a consequence, tax revenues last year fell by 2 billion euros, or 8.3%, instead of rising 3.3 billion euros to 27 billion euros. Social spending rose as unemployment jumped from around 9% to 16%, and the government’s debt became an even greater percentage of a now smaller GDP.
Italy, Portugal and Spain are headed down the same destructive path. Last week, Italy increased the value added tax a full percentage point to 21%. Portugal has increased its value added tax by 1 percentage point across all categories, while increasing the top marginal tax rate by 1.5% on top earners and by 2.5% on corporations. Spain just announced it would reinstate a wealth tax on approximately 160,000 taxpayers with more than 700,000 euros ($972,000) in declared assets in hopes of raising a little over a billion euros in revenue.
We are living in the pages of Atlas Shrugged, writ larger.
ReplyDelete"Cometh the hour, cometh the man."
ReplyDeleteGotta love that guy. Especially when he keeps being proved right. :)
ReplyDelete