British MP delivers best speech of the year!

Can you imagine a member of our Congress having the uh… intestinal fortitude to confront Barack Obama the way this MP did PM Brown?

httpv://www.youtube.com/watch?v=94lW6Y4tBXs

“Prime Minister, I see you’ve already mastered the craft of the European politician: the ability to say one thing in this chamber and another to your home electorate.

“You’ve spoken here of free trade, and amen to that. Who’d have guessed, listening to you just now, that you launched the slogan “British jobs for British workers”, and that you have subsidised—where you have not expropriated outright—swathes of our economy, from the car industry to the banks.

Perhaps you would have more moral authority in this House if Britain were not sailing into this recession in a worse state than any other EU member.

The truth, Prime Minister, is that you’ve run out of our money. After eleven years of your stewardship, our country as a whole is in negative equity.

“Every British child is now born owing around £20,000. Simply paying the interest on that debt will cost more than educating the child.

“Again today you have tried to spread the blame. You’ve talked of an international crisis. Well, it’s true that we are sailing together through the squall.

“But not every ship in the convoy is in the same dilapidated condition. Other nations used the good years to caulk their hulls and clear their rigging—in other words, to pay down debt. But you used the good years to run up bills.

“Under your captaincy, our hull pressed low in the waterline by the weight of accumulated debt. Britain’s deficit is now touching an almost unbelievable 10 per cent of GDP—more than Hungary, more than Pakistan: countries where the IMF has already been called in.

“And yet you continue wilfully to worsen our situation: to spend even more wantonly. While 100,000 jobs were lost in the private sector last year, 30,000 were created in the public sector.

“Prime Minister, you cannot indefinitely squeeze the productive part of the economy in order to engorge the unproductive part. You cannot spend your way out of recession or borrow your way out of debt.

“When you repeat, woodenly, that we are well placed to weather the storm, you sound like a Brezhnev-era apparatchik giving the party line.

“You know and we know and you know that we know that it’s nonsense. Everyone can see that Britain is uniquely badly off. The IMF says so. The European Commission says so.

“The markets say so, which is why the pound has lost a third of its value. In a few months, the voters will have their chance to say so, too.

“They can see what the markets have seen: that you are the devalued Prime Minister of a devalued Government.”

“The fact is Prime Minister, that you have run out of our money.”