Monday, 7 June 2010

The End of Excess

The figure for the Government's National Debt of 770 billion is quite a staggering amount, but it may not truly reflect the depth of the situation. The amount breaks down to £22,ooo per person in the country but this does not reflect the personal debts of those who have credit, card loans, and unpaid bills, where the estimated debt of each family amounted to an average of £33,ooo per person. So add the National Government debt and private debts together and each has to bear around £55,000 on average. Are we to bequeath this debt to our children?

It is incredible that the debt was never tackled by a Socialist Government who took the appoach in the name of Socialism that they would build up an elitely paid class in the Public sector who were overpaid and turned a blind eye to profiteeing among the public bodies. For example, NHS officials sold off drugs for cancer at a profit abroad and yet to date noone has come clean about where the money went. It is known it never reached patients who were denied drugs they required. It may indeed be the case that B12 for Penicious Aneamia also fell into the profiteering catergory, as for three decades prior to labour power, doctors believed the medical scam that patients only required the drug every three months when in fact the international medical fomulary stated it must be given once a month. Is this just the tip of the iceburg of an economic and social malaise of profiteering in which politicians and officials slept walked, like zombies through an economic morass without knowing they were creating layers of unaccountable publically paid elite classes, who amassed great fortunes at the expense of the taxable population.

Surely something went wrong somewhere? The socailist view of Robin Hood robbing the rich to pay the poor might have applied, but it seems in this case Robin robbed the coffers of the treasury to amass wealth for a band of brothers who did not in fact redistribute the wealth to the poor. How embarassing therefore that a Progressive Liberal/Consevative Govt are having to re-distribute that wealth away from the absolutist unaccountable public sector 'Nu Class'. How emancipating even more for the Liberal Democracts that they will be the orchestrators of a new elected chamber that will abolish the House of Lords. How strange, how sad, nay lamentable that this reform was not considered by the Labour Government when they had the chance to do it.

If the Labour party feels shame and embarassment, or even dispair so it should, because what it has left behind it is nothing more than the scorched earth policy of a feudal warlord on a Medieval battlefield. The losers in this are the weak and infirm who did not have the ability to defend themselves against an inverted Robin Hood regime which failed to redess the balance of power between the rich and poor. As we look on at the ashes of Nu Labour perhaps a Phoenix will arise that will have the vision to see that its own salvation lies in letting this Govenment enact the reforms it failed to acheive.

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