Instead of cutting back on spending, they want to raise taxes up to 50%.
Will there be a Tea Party in Britain like here in the States?
Maybe if there are more people like Sir Michael Cane...
His name, as they say, is Michael Caine. And he's not a happy bunny. The 76-year-old film star has revealed in colourful terms that he has had it, and will leave Britain if taxes get any higher.
"The Government has taken tax up to 50 per cent, and if it goes to 51 I will be back in America," he said at the weekend. "We've got 3.5 million layabouts on benefits, and I'm 76, getting up at 6am to go to work to keep them. Let's get everybody back to work so we can save a couple of billion and cut tax, not keep sticking it up."
Who knows, but doesn't that response sound remarkably similar to what we will being doing in the US soon?
The Obama administration wants a de facto nationalization of GM, probably Chrysler too.
Of course the Treasury math doesn't add up.
The point is, Britain nationalized their car industry and it is gone. Now they don't get any revenue from it. Their industrial base is dying and now they are on the verge of bankruptcy.
Unions help kill theirs and now want to help kill ours.
How long before our car industry is gone?
How long before we are all bankrupt and forced to live off China's handouts?
I'm sure glad I bought a Ford now!