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Tuesday, 15 June 2010

British National Party Correct on Foreign Aid Swindles

British Chambers of Commerce Confirms BNP Is Right on Foreign Aid Swindle

The British Chambers of Commerce (BCC) has confirmed that the British National Party’s stance on foreign aid is correct with a press release that calls on the Chancellor “to drop unsustainable ring-fences” such as the  Department for International Development’s budget.
“The BCC argues that by protecting certain budgets and programmes without clear justification, it will force more drastic cuts to capital investment, which is essential to underpin Britain’s long-term economic recovery,” said the press release.
“By contrast, health and aid budgets were cut in Canada’s successful 1990s consolidation -- preventing ‘slash and burn’ elsewhere,” it continued, adding that the health services also needed to be cut.
The BNP has argued that the foreign aid budget, the war in Afghanistan, the immigration and asylum swindle and the billions paid to the European Union should all be cut. This would leave more than enough for the NHS.
The BBC proposals form part of their 11-page Budget submission, which has been sent to the Treasury ahead of the ConDem coalition’s emergency Budget. Some of the submission’s key points include:
• Introduce an immediate two-year freeze on the total public sector wage bill;
• Avoid deep cuts to capital investment, which supports growth of the productive economy;
• Fully abolish the April 2011 employer NICs rise, paid for by using a portion of any increases in VAT;
• Proceed with the simplification of Corporation Tax, but only after a careful study of how the elimination of allowances could affect business investment;
• Do not raise CGT to near-income-tax levels. If a rise is unavoidable, clear and concrete exemptions and reliefs for business activity must be detailed, along with taper relief and indexation;
“As politically unpalatable as it may be, the decision to ring-fence spending on health and overseas aid is unrealistic and unsustainable in the current circumstances. Ring-fencing health will mean deeper and more drastic cuts to important investment elsewhere, without the benefit of clear justification,” said David Frost, Director General of the BCC in the statement.
* BNP News wished to make it clear that Mr Frost’s remarks did not mention the BNP and this article in no way implies or suggests that the BCC is in any way supportive of the party.