Category Archives: EU

In other news…

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In other news there is in fact other news than the shocking revelations that journalists use dodgy methods, some police will sell journalists information for a wodge or cash or a few pints and politicians will suck up to anyone that might give them a gnats fart of a whiff of power and aren’t to be trusted. As others have observed very little of this is new or really surprising – and really how much would anyone care if it had just been confined to celebs and politicians? But yes other news, amazingly other stuff has still been happening. Mainly … Continue reading →

A fiscal miscellany

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Back to talking about the economy again I’m afraid, and you know it’s got bad when even the BBC have noticed something’s wrong (H/T Penny Dreadful). Sadly it seems that the terribly dangerous deflation we should all worry about hasn’t happened, instead by printing a metric truck load of cash we’ve got inflation. Which really wasn’t much of a surprise to anyone, and at least we can inflate our debt (which ok screws over all of us that can’t just vote ourselves a pay rise) but at least the countries credit rate isn’t heading rapidly towards junk status like say … Continue reading →

Spending our taxes

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Just to follow up on yesterdays post on Tax freedom day, I realise I didn’t mention how much the EU spent. Thankfully due to an article brought to my attention by Penny Dreadful I can now correct this, as the Telegraph have all the gritty details all 9.2 billion of them! 9.2 Billion being the “Amount British taxpayers contributed to the EU in 2010.”, which makes the (presumably additional) “£3 billion Amount of ‘stealth taxes’ to be levied on Britons under European Commission plans to generate one third of the EU budget by 2020 using direct taxation powers. ” Quite … Continue reading →