Still More of Our National Assets to be Sold Off To Finance Wars, Immigration, EU and Foreign Aid
The staggering £830 billion Government debt — caused by the bankster bailout, the £13 billion immigration swindle, the £8 billion foreign aid budget, the £9 billion per year war in Afghanistan and the billions paid over to the EU each year — will now be financed in part by the further sale of the remainder of Britain’s national assets.
The idea of selling off all of Britain’s institutions (starting with the utilities but then quickly moving onto everything else, from trains to nuclear power plants) was invented by the Tories and implemented with great enthusiasm by their clones, the Labour Party.
The huge hole in Government finances, caused by their reckless spending sprees on everything except British interests, has now reached critical proportions. As a result, the Government has been forced to fall back onto selling what remains of its properties to prevent a Greek-style collapse into massive national debt.
The latest institution selected for sale is, according to news reports, Dover docks, which are apparently going to be purchased by the French state. Dover is Europe’s busiest ferry port and could raise £350 million for the British Treasury.
Ironically, the most likely purchaser will be the French regional government of Nord-pas-de-Calais — making a mockery of the claim that it is being passed into “private hands.”
All that is happening is that it will pass from British state control into French state control, much like the EDF electricity supply swindle perpetrated on British consumers.
To make matters worse, the money raised by the sale will not be used to build anything in Britain, but will instantly vanish into the debt monster created by insane Government policies.
This horrendous waste is aggravated by the fact that the Dover port is highly commercially viable and currently generates around £15.1 million a year profit.
Dover port’s harbour board applied to the Transport Secretary for voluntary privatisation last month. According to reports, the sale is a formality.
Chief executive of the harbour board, Bob Goldfield, was quoted in the press as justifying the sale because of the need for a £400 million expansion to cope with increased traffic.
“We want to invest around £400 million on a second terminal and need to invest in the existing terminal, but are unable to because of public sector borrowing constraints,” Mr Goldfield was quoted as saying.
The reality is that without the Labour and Tory war in Afghanistan, this funding shortfall could easily have been met from the £9 billion per year spent on that illegal conflict.
Only the British National Party has the vision and political will to halt the wasteful spending of the Tory/Labour cartel and prevent the destruction of Britain’s commonwealth.
