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Taxation without representation

Comment 3rd July 2010

No more bailouts, let people rise and fall on their own merit.

Why does this matter?

I think it's disgusting that that the labour government bailed out banks that might  have otherwise gone bankrupt. Not only is it completely insane to reward failure but the argument of " we needed to get the banks lending" when considering that over borrowing and artificially manipulated intrest rates were at the heart of the problem doesn't make any sense.Unborn future taxpayers will be paying taxes to pay off the massive debt inccured by the labour governments rampant deficit spending, they will be born into a slavery of debt that they had no say over.

 

Keynes is dead. Everybody should read some Austrian economics.



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