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EU to Offer 11 billion Euro in aid to Ukraine – with what ffing cash?

Tom Winnifrith
Wednesday 5 March 2014

The democratically elected President of Ukraine was a prize rotter but was ousted in a coup. The EU supported that coup because the old guy was not so keen on joining the warm embrace of the EU.

The Ukraine is bankrupt. It is set to default on its debts because a) its bloated Government spends too much, b) it was and probably still is run by crooks.

Large parts of the Ukraine do not want to join the EU. Sadly those large parts are generally the economically viable Russian speaking parts in the East. It is the unviable Western bits that wish to sign up to the joys of the EU. And, having prompted this mess with its meddling, the EU now wishes to send 11 billion Euro off out east. But hang on a sec? The EU has its own deficit. It has only just asked the UK to pony up an extra couple of billion quid to cover that black hole.  Several of its existing members (Greece, Spain, Italy, etc) are themselves bust.

Where is this 11 billion coming from? The bloody Money Tree of course. That is to say taxpayers in the not yet bust EU countries now. And future generations of taxpayers in any EU country that is still solvent in years to come.

Grotesquely overpaid politicians love spending other folk’s cash and the EU serves up the worst offenders in this respect – step forward Cathy Ashton, for example. When will it learn its lesson: a) stop meddling outside the EU, b) sort out your own near-terminal problems before trying to fix those of others?

The EU fostered the coup and now wishes to send your cash to support a regime containing a good sprinkling of Jew hating neo-Nazis.  It should instead be apologising, firing the lead meddlers and allowing Ukraine to go bust and market forces to work their magic.

Which country has done better since it faced bankruptcy Greece or Iceland. The former gets the EU bailouts, the crooks stay in charge and is still bust with its population facing economic Armageddon. The latter went bust, sent the crooks to gaol, reconstructed and is now the fastest growing economy in Europe.

 I guess Ukraine wishes to follow the Greek model.

 

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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