|
Title: Debt Crisis was Created by Politicians and Central Bankers - Godfrey Bloom MEP Post by: Guvn0r on April 27, 2018, 10:22:51 AM Why’s the world going bankrupt, and more to the point, governments? Well Godfrey Bloom, a former British politician who served as a member of the European Parliament for Yorkshire and the Humber between 2004 and 2014, says the answer’s quite simple. Bloom also represented the UK Independence Party in the European elections of 2004 and 2009 but was an outspoken politician.
The UKIP withdrew the party whip from him in 2013 for having struck a journalist, threatened another and apparently calling a female audience a bunch of sluts. Bloom resigned soon after. But the video below, from a 2014 discussion in the European Parliament, highlights a beautifully simple lesson in government spending as given by Bloom. He went on a tirade as to why governments and central banks were going broke, and wastefully spending tax payers' money. It’s a simple economics lesson that many government officials should take the time to watch, or read as the speech is transcribed below. – Stuart Lowman Read full speech Here (https://www.fin24.com/BizNews/godfrey-bloom-classic-analysis-of-why-politicians-are-terrible-at-managing-our-finances-20160531) Speech (Youtube Video) (https://www.youtube.com/watch?v=OnGxfrWaqP8) Title: Re: Debt Crisis was Created by Politicians and Central Bankers - Godfrey Bloom MEP Post by: drmilind2004 on May 14, 2018, 02:44:19 AM The UKIP withdrew the party whip from him in 2013 for having struck a journalist, threatened another and apparently calling a female audience a bunch of sluts. Bloom resigned soon after. Oops, there goes his credibility! ;D Even assuming his speech is laced with coherent facts and cogent arguments; he has forfeited the right to make extraordinary claims that can be contemplated seriously. Title: Re: Debt Crisis was Created by Politicians and Central Bankers - Godfrey Bloom MEP Post by: botany on May 14, 2018, 02:53:09 PM The UKIP withdrew the party whip from him in 2013 for having struck a journalist, threatened another and apparently calling a female audience a bunch of sluts. Bloom resigned soon after. Oops, there goes his credibility! ;D Even assuming his speech is laced with coherent facts and cogent arguments; he has forfeited the right to make extraordinary claims that can be contemplated seriously. And pray why? Listen to the argument he makes, not what else he may have said / done. I would have trouble voting for this guy, but I have no qualms listening to the arguments he makes. |