Our Answer to Their Crisis January 12, 2009 by sjohnson
By Steve Johnson ? THE international financial system of the globalised ?Free Market? is falling apart. Here in Britain, businesses are going bust on every high street and industrial estate, dole queues are getting longer, home values are collapsing and the pound is becoming worthless against other currencies. The Government and the two main opposition parties dither and swither, proposing one desperate scheme after another, whilst everything is falling apart at their feet.
So what would the British National Party do about it?
Our answer is to introduce nationalist policies passed down to us from our political forebears, the Distributists such as G.K. Chesterton and Hilaire Belloc, who first put them forward nearly a hundred years ago.
NATIONALISE THE BANKS: The Labour Government is frightened of doing this even though they have already spent vast sums of our money buying up much of the British banking industry anyway. The bail-out hasn?t made the banks lend more and dropping interest rates has only hurt savers and pensioners. The banks are still private businesses whose bosses? job is to make a profit for the City institutions who are their remaining non- Government shareholders. At low interest rates there is no profit in lending, so they won?t be doing it. Printing more money without goods and services to back it up, is a policy of desperation worthy of Zimbabwe ? it will end in runaway inflation on top of economic slump! The only way to make the banks put credit back into the economy and stop bankrupting viable businesses with ruinous renewal terms for the loans on which the system has made them depend, is to take over the ownership and control of the banks. One central State bank, which will do as it is told by the Government and get the economy going again in a controlled, organised way and keep it that way.
SHUT DOWN THE CITY: City speculators hoping to make money out of nothing are at the root of the current crisis. ?Financial services? are parasites that generate no real wealth. The main reason the pound has collapsed against the euro is that investors are moving their money out of Britain?s ?service based? economy and into the currency of economies like Germany and France that still actually make things. The euro itself will in time be dragged down because it forces a ?one-size-fits- all? economic policy on economies ranging from rich industrial Germany to poor agricultural Portugal. What is good for one member country will ruin others and vice versa.
REBUILD THE REAL ECONOMY: We must take control of what manufacturing industry that we have left from the foreign multinationals like Nissan that own it, and turn the factories into workers co-operatives ? see John Lewis in your local High Street for how well this works! To help re-establish our traditional industries we must protect them from cheap foreign imports with high tariff walls. This is how Japan, South Korea and China built up their industrial might.
LEAVE THE EUROPEAN UNION: The EU is like a lead weight chained to the ankle of the British economy, dragging it down to its doom with the rest of the collapsing Capitalist world. Once we are out of the EU we can protect our own industries and get rid of the cheap imported labour that is forcing more and more British workers onto the dole queues.
PUSH FOR MORE SELF SUFFICIENCY: We need to build a strong, independent and as far as possible self- sufficient, Britain. A lifeboat able to weather the storms of the World of which the credit crunch is but the first, and certainly not the last. British people should not have to suffer because banks in New York unwisely lent money to people who couldn?t or wouldn?t pay it back. A country rich in oil, coal, gas and fertile farmland should not put its people at the mercy of fuel and food prices set by the Chinese and the Arabs. British workers should work for themselves and their families, not to earn profits for foreign multinationals and their shareholders in Chicago and Tokyo.
This is what the British National Party will do to get Britain back to work and keep it there. Safeguarding Britain so that it is no longer at the mercy of the global economy as it staggers uncontrolledly from boom to bust and wrecks our fragile planet in the process.