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	<title>Comments on: The EU rushes out a press release to get in on the crisis</title>
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	<link>http://johnredwoodsdiary.com/2008/11/26/the-eu-rushes-out-a-press-release-to-get-in-on-the-crisis/</link>
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		<title>By: mikestallard</title>
		<link>http://johnredwoodsdiary.com/2008/11/26/the-eu-rushes-out-a-press-release-to-get-in-on-the-crisis/#comment-8479</link>
		<dc:creator>mikestallard</dc:creator>
		<pubDate>Wed, 26 Nov 2008 21:51:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2200#comment-8479</guid>
		<description>I feel totally the same: what I usually do, though, is to vote Conservative for the Parliamentary Election and also for the Local Elections: I do not want the Labour in! Also, of course, the BNP is always there, waiting offstage. 
Meanwhile, for the totally pointless, undemocratic and hypocritical sham of the European Parliament, I vote UKIP. 
I do not know if you go on the Open Europe blog? Some of the behaviour on there is really, really appalling. Irish referendum, Common Agricultural Policy, pathetic pronouncements on the Congo and Russia, refusal to admit the very expensive corruption, and the running rings round poor old clumsy Mr Brown are all recorded, day by day. 
If it was not for Daniel Hannan keeping us all in touch, I should despair. 
I do not vote for the Regional Government which spreads new eco towns all over the region, because nobody has invited me to do so. I really think I should vote Neo Herodian if asked. </description>
		<content:encoded><![CDATA[<p>I feel totally the same: what I usually do, though, is to vote Conservative for the Parliamentary Election and also for the Local Elections: I do not want the Labour in! Also, of course, the BNP is always there, waiting offstage.<br />
Meanwhile, for the totally pointless, undemocratic and hypocritical sham of the European Parliament, I vote UKIP.<br />
I do not know if you go on the Open Europe blog? Some of the behaviour on there is really, really appalling. Irish referendum, Common Agricultural Policy, pathetic pronouncements on the Congo and Russia, refusal to admit the very expensive corruption, and the running rings round poor old clumsy Mr Brown are all recorded, day by day.<br />
If it was not for Daniel Hannan keeping us all in touch, I should despair.<br />
I do not vote for the Regional Government which spreads new eco towns all over the region, because nobody has invited me to do so. I really think I should vote Neo Herodian if asked. </p>
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		<title>By: A. Sedgwick</title>
		<link>http://johnredwoodsdiary.com/2008/11/26/the-eu-rushes-out-a-press-release-to-get-in-on-the-crisis/#comment-8478</link>
		<dc:creator>A. Sedgwick</dc:creator>
		<pubDate>Wed, 26 Nov 2008 13:35:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2200#comment-8478</guid>
		<description>Mr.Redwood just say it  the EU is a totally corrupt sham. After 40 years of voting Conservative I will abstain or make a useless voting gesture unless there is a guaranteed EU referendum in the next manifesto. </description>
		<content:encoded><![CDATA[<p>Mr.Redwood just say it  the EU is a totally corrupt sham. After 40 years of voting Conservative I will abstain or make a useless voting gesture unless there is a guaranteed EU referendum in the next manifesto. </p>
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		<title>By: evil g</title>
		<link>http://johnredwoodsdiary.com/2008/11/26/the-eu-rushes-out-a-press-release-to-get-in-on-the-crisis/#comment-8477</link>
		<dc:creator>evil g</dc:creator>
		<pubDate>Wed, 26 Nov 2008 13:07:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2200#comment-8477</guid>
		<description>The Irish got it right - they just did what was best for their own system without worrying about the eurocrats. 
 
Same with the German Chancellor when she guaranteed German deposits. 
 
The British government is too feeble to do what is right for Britain. </description>
		<content:encoded><![CDATA[<p>The Irish got it right &#8211; they just did what was best for their own system without worrying about the eurocrats. </p>
<p>Same with the German Chancellor when she guaranteed German deposits. </p>
<p>The British government is too feeble to do what is right for Britain. </p>
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		<title>By: rugfish</title>
		<link>http://johnredwoodsdiary.com/2008/11/26/the-eu-rushes-out-a-press-release-to-get-in-on-the-crisis/#comment-8476</link>
		<dc:creator>rugfish</dc:creator>
		<pubDate>Wed, 26 Nov 2008 12:16:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2200#comment-8476</guid>
		<description>&quot;I wonder how much high cost brain power it has taken to deliver this show stopper&quot;? 
 
- Very funny Mr Redwood ! lol 
 
 
Messrs, or should I say ( messer&#039;s ), Barrosso and Sargozy, seemingly float quietly along on the sidelines of growing economic problems for months until it turns into crisis, and then announce a &#039;strategy&#039; to resolve the problem which countries are already dealing with in precisely the way &#039;they suggested&#039;. 
 
It&#039;s rather like the lazy boy scout who watches his fellow scouts collect firewood who then expels a bellow of air just at the point the fire has been lit whilst proclaiming Je l&#039;ai fait ( &quot;I&#039;ve done it&quot; ). 
 
For further clarity I refer to Abraham Lincoln&#039;s speech when he said &quot;You can&#039;t fool all of the people all of the time&quot;. </description>
		<content:encoded><![CDATA[<p>&quot;I wonder how much high cost brain power it has taken to deliver this show stopper&quot;? </p>
<p>- Very funny Mr Redwood ! lol </p>
<p>Messrs, or should I say ( messer&#039;s ), Barrosso and Sargozy, seemingly float quietly along on the sidelines of growing economic problems for months until it turns into crisis, and then announce a &#039;strategy&#039; to resolve the problem which countries are already dealing with in precisely the way &#039;they suggested&#039;. </p>
<p>It&#039;s rather like the lazy boy scout who watches his fellow scouts collect firewood who then expels a bellow of air just at the point the fire has been lit whilst proclaiming Je l&#039;ai fait ( &quot;I&#039;ve done it&quot; ). </p>
<p>For further clarity I refer to Abraham Lincoln&#039;s speech when he said &quot;You can&#039;t fool all of the people all of the time&quot;. </p>
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		<title>By: wonderfulforhisage</title>
		<link>http://johnredwoodsdiary.com/2008/11/26/the-eu-rushes-out-a-press-release-to-get-in-on-the-crisis/#comment-8475</link>
		<dc:creator>wonderfulforhisage</dc:creator>
		<pubDate>Wed, 26 Nov 2008 11:30:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2200#comment-8475</guid>
		<description>I read this morning that the net cost of the UK&#039;s membership of the EU is &#163;57billion pa. 
 
By how much, Mr Redwood, would the basic rate of income tax fall were we to resign our membership and apply all the savings to this worth cause? </description>
		<content:encoded><![CDATA[<p>I read this morning that the net cost of the UK&#039;s membership of the EU is &pound;57billion pa. </p>
<p>By how much, Mr Redwood, would the basic rate of income tax fall were we to resign our membership and apply all the savings to this worth cause? </p>
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		<title>By: griff</title>
		<link>http://johnredwoodsdiary.com/2008/11/26/the-eu-rushes-out-a-press-release-to-get-in-on-the-crisis/#comment-8474</link>
		<dc:creator>griff</dc:creator>
		<pubDate>Wed, 26 Nov 2008 11:02:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2200#comment-8474</guid>
		<description>Latest PBR figures from the DT 
 
Of total expenditure of 623bn in 2008/09 the debt interest paid element is 34bn. 
 
By simple arithmetic this represents: 
 
at interest of 3.5% = debt of &#163;971bn = 155% of total expenditure 
 
at interest of 4.0% = debt of &#163;850bn = 136% of total expenditure 
 
at interest of 4.5% = debt of &#163;755bn = 121% of total expenditure 
 
at interest of 5.0% = debt of &#163;680bn = 109% of total expenditure 
 
 
Or am I missing something? </description>
		<content:encoded><![CDATA[<p>Latest PBR figures from the DT </p>
<p>Of total expenditure of 623bn in 2008/09 the debt interest paid element is 34bn. </p>
<p>By simple arithmetic this represents: </p>
<p>at interest of 3.5% = debt of &pound;971bn = 155% of total expenditure </p>
<p>at interest of 4.0% = debt of &pound;850bn = 136% of total expenditure </p>
<p>at interest of 4.5% = debt of &pound;755bn = 121% of total expenditure </p>
<p>at interest of 5.0% = debt of &pound;680bn = 109% of total expenditure </p>
<p>Or am I missing something? </p>
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