“Disingenuous” is an adjective which means “lacking in frankness, candour, and insincere”—and this is what the respected Bruges Group has accused Tory Chancellor George Osborne of over his lies on the topic of the eurozone bailout.
“The announcement by Chancellor George Osborne in the House of Commons that Britain is standing by to give more money to the IMF is causing outrage,” the Bruges Group said in a statement.
Reacting angrily to the Treasury’s argument that there is a clear distinction between the Government putting money into the IMF for use around the world, and giving it directly to the eurozone, Bruges Group Director Robert Oulds said that Mr Osborne “is being disingenuous.
“This is pure semantics — the money all comes from the same IMF pot and he knows it.
“Only a week ago he [Mr Osborne] said that ‘Britain will not be putting money into the bailout fund either directly or through the IMF… the IMF exists to support countries, it does not exist to support currencies. The IMF contributing money to the eurozone bailout fund, no; Britain contributing money to the eurozone bailout fund, no. That is Britain’s clear position.’
“Now it seems,” Mr Oulds continued, that “the British Government is planning to borrow yet more money we do not have, to bail out countries whose economies have been all but bankrupted by dint of their membership of the Euro.
“Instead of wasting more of UK taxpayers’ money trying to stave off the inevitable and costly disintegration of the eurozone, David Cameron and George Osborne should be calling for a managed and orderly dismantling of the Single Currency, before Britain is forced to throw good money after bad,” he said.
At an international conference in Westminster organised by The Bruges Group this weekend, speakers from across Europe made the case that the Euro is at the heart of the economic crisis within the European Union.
They argued that to dismantle the Single Currency now in an orderly fashion, as opposed to repeatedly raising money to lend to eurozone countries who are struggling to service their debts, like Greece, Italy or Spain, will ultimately prove to be both safer and less costly for the world economy.
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Well George Osbourne is very close to the Rothschild’s isn’t he.He went to University with one of them and spends time on their billion pound boats. His only loyalty is to the global elite.
It is only a matter of time before the Euro fails. Throwing yet more borrowed money into this bottomless pit to try in vain to save this untenable currency is complete stupidity. The sooner we totally withdraw from the EU the better. We Have no vested interest in the Euro, we have already wasted billions of British pounds when Gordon Brown sold our gold at a low market price in order to buy Euro’s. The British government has done too much already to try and prop up this foolhardy venture. A common European currency was a big mistake from the start and we were lucky to stay out of it. George Osborne is a liar, sweet and simple. Trying to pretend that giving money to the IMF is not the same as contributing towards propping up the Euro is just not being honest with the British people.
The Chief Secretary to the Treasury, Lib Dim Danny Alexander, was on the Andrew Marr show yesterday saying that we could be contributing up to £40 BILLION to the IMF – which presumably in turn will be used in the bail-out. “Disingenuous” is the understatement of the year! How about ‘Lying B*****d’s’ ?
Who does Osborne think he is fooling? Maybe I should rephrase that: how many stupid people are there who will believe that the British taxpayers will NOT be called upon to help bail out the euro? Sadly, I suspect there are a lot.