With every step taken by the Government as it tries frantically to prop up the British banking system, this central truth becomes ever more obvious.
Yesterday marked a new low for all involved, even by the standards of this crisis. Britons woke to news of the enormity of the fresh horrors in store. Despite all the sophistry and outdated boom-era terminology from experts, I think a far greater number of people than is imagined grasp at root what is happening here.
The country stands on the precipice. We are at risk of utter humiliation, of London becoming a Reykjavik on Thames and Britain going under. Thanks to the arrogance, hubristic strutting and serial incompetence of the Government and a group of bankers, the possibility of national bankruptcy is not unrealistic.
Kind of makes me think of the opening (and closing) lines to Jethro Tull’s Thick as a Brick:
So you ride yourselves over the fields and
You make all your animal deals and
Your wise men dont know how it feels to be thick as a brick.
Britain’s “wise” men and women may not know how it feels, but it’s becoming evident that they’re awfully good at being “thick as a brick.”
For those of us in the “Colonies,” consciously or not much of our own élite want this country to be more like the UK. They’ve succeeded to a great degree. We have an educational aristocracy, growing secularism and a society which is being crowded out by the state. But if our new leader isn’t careful–or even if he is–we may end up with the same result.