For the last year or so El Gordo has been encouraging fuel prices to increase, rubbing his hands gleefully at the prospect of an extra few billion in bonus cash flowing into the slush fund.

But now the arse has fallen out of the economy and he’s spent a decade’s worth of slush fund on bailing out banks, he suddenly wants fuel prices down.  The one-eyed wonder of wankistan decided to take five minutes off from rearranging deckchairs to feign concern for us peasants who are spending an increasing percentage of our income on electricity, gas and petrol.  Hypocritical twat.

The price of oil is down to almost $80 a barrel but the price of petrol has only crept down ever so slowly and nowhere near in line with the drop in the price of oil.  Of course, El Gordo wouldn’t think about dropping tax on fuel.  Something like 80% of the price of petrol and diesel is tax but why would he care?  He gets a chauffeur-driven limo paid for by the taxpayer.  Thanks to Federal Europe we’re getting charged VAT on gas and electric but why would he care?  He gets his gas and electric paid for by the taxpayer.

Reducing the cost of fuel will give the economy a bit of a kick but it won’t work by itself.  Throwing taxpayers money at banks, paid for by increasing taxes, isn’t going to fix anything.  What is needed is a wholesale cull of taxes and government.  So much money is wasted shuffling round bits of paper and moving money from one place to another when what is needed is to get back to basics.  Government has become like a cancer, multiplying at a terminal rate and spreading throughout society.  Less government, less waste, less legislation, less tax.  That’s a message that will stimulate the economy but until this bunch of faux-Marxists are dragged kicking and screaming out of Westminster, it’s never going to happen.

Come the revolution …

Technorati Tags: Petrol, Fuel Prices, Oil, Gordon Brown, Economy