Wednesday, March 25, 2009

The way to hell says Czech PM

That's what he thinks of the Obama print money and fiscally abuse unborn children plan to stimulate the US economy says the BBC. See, the Czech Republics knows a bit about hell, as the allies left in the strangling embrace of Stalin and Chris Trotter's beloved Soviet Union for 40 years, rolling some tanks in halfway just to remind everyone of who was boss. The Czech's know a bit about the difference between freedom and statism, which given the Czech Republic's current (6 month) Presidency of the EU is good news for the EU (for now).

Czech (outgoing) PM Mirek Topolanek considers the size of the US budget deficit and the long list of protectionist "Buy America" provisions in the print money and fiscally abuse unborn children plan to be disastrous, as it follows just the same creeping path of protectionism that damaged the global economy in the mid-late 1930s.

He also says the EU is uninterested in pursuing any more of additional stimulus package to follow the US.

Now whilst this comes on the eve of another announcement, wouldn't you think the world would be better off, with Mr Topolanek's term as PM ending, appointing him instead of Helen Clark to run a bloated corrupt and lazy UN megabureaucracy?

1 comment:

Lyn said...

I congratulate the Czech PM for his insight and individuallity. He's right. There's no reason for the rest of the world to look to the US for any guidance on this. Our spending is uncontrolled. The EU should be very careful in any deficit spending "stimulus" attempts. Too bad the US government hasn't been more careful.