BBC News: Reports that the UK has refused to add an addition amount to its IMF funding, the funding is being used to save the Euro. It is simple folks, any extra funding would not get through the House of Commons, the Labour Party voted against the last funding pledge, thus if you combine that with the backbench Conservative MPs, the Chancellor of the Exchequer George Osborne had not choice but to say NO. This will go down well with the Conservative Party, the Liberal Democrats will not be happy but they should understand they don’t have the votes. The French can be expected to have another go at the UK, how many billions is it now that has been thrown at the Euro, how many Hospitals, Schools or roads could have been built folks. Its not only the left wing that can play this game folks.
Tuesday, December 20, 2011
UK NO to IMF - Eurozone Crisis
BBC News: Reports that the UK has refused to add an addition amount to its IMF funding, the funding is being used to save the Euro. It is simple folks, any extra funding would not get through the House of Commons, the Labour Party voted against the last funding pledge, thus if you combine that with the backbench Conservative MPs, the Chancellor of the Exchequer George Osborne had not choice but to say NO. This will go down well with the Conservative Party, the Liberal Democrats will not be happy but they should understand they don’t have the votes. The French can be expected to have another go at the UK, how many billions is it now that has been thrown at the Euro, how many Hospitals, Schools or roads could have been built folks. Its not only the left wing that can play this game folks.
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