"You cannot spend your way out of recession or borrow your way out of debt."--Daniel Hannan MEP
Daniel Hannan's speech to Prime Minister Gordon Brown has sped across the internet like lightening. He did not mince words, he went after Brown with gusto. He said that Brown had run out of "OUR" money and that he was "pathologically incapable of accepting responsibility". Wow, ouch!! We need someone here in our Congress to say all of this to Obama.
Hannan has written about the great response to his speech on his blog:
Breaking the press monopoly is one thing. But the internet has also broken the political monopoly. Ten or even five years ago, when the Minister for Widgets put out a press release, the mere fact of his position guaranteed a measure of coverage. Nowadays, a politician must compel attention by virtue of what he is saying, not his position.
It's all a bit unsettling for professional journalists and politicians. But it's good news for libertarians of every stripe. Lefties have always relied on control, as much of information as of physical resources. Such control is no longer technically feasible.
BZ has the transcript of the speech and GG loved it too!