Tuesday 17 May 2011

BRITAIN TAKES ON EU DEBT ?


What is this "Bailout Debt" which Chancellor George Osborne has agreed to take on for Britain so as to underpin the EURO and the Portuguese economy ?  Is he simply "complying" with EU wishes without calculating the cost to Britain and British taxpayers, if and when the EURO finally goes bust ?

The first thing he must do is to seriously ask himself "What would the EU do if suddenly the pound sterling needed help" ?

The second question to be answered is , "How does he imagine that Britain, a creditor country could recover its "Bailout Debts" from the E U ?"

George Osborne and David Cameron must explain this to the British Electorate and to British taxpayers !!!  The Socialists gave Billions of Pounds to the EU for nothing, but they kept the Pound Sterling !!!

The ultimate question is whether Britain should stay in the EU and continue to be milked for all it still has !!!

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