Godfrey Bloom

There seems to be some fundamental untruths floating around in the political ether. Unless these are addressed no serious and proper response can be forthcoming to the problems facing the UK today. The two main untruths are as follows.

1. that Financial Services need more regulation. The failure -- as reluctantly admitted by the increasingly absurd Lord Turner -- is misguided and fundamentally flawed regulation. We can presumably expect another 4 million words from Brussels, only this time French words!

Mark Threipland, an FSA lawyer, said: "We have launched the tailored handbooks as part of our commitment to make the FSA easier to do business with". Cheers Mark! So what is the FSA idea of helping the small business? The smaller rulebook is 1,000 pages long - about the same size as Tolstoy's War and Peace!!!! Still this is better that the full 10,000 page handbook which still exists for larger firms.

The Lord's Prayer has 66 words.
The Ten Commandments have 179 words.
The Gettysburg Address is just 286 words.
The small FSA handbook 400,000 words.
The FSA handbook has approx 4,000,000 words.

2. External debt per capita. That we can afford to give money to the IMF to bail out bankrupt Eurozone countries, or third world countries permanently on the scrounge for freebies from gullible middle class politicans at Westminster.