
Turns out that just a few days ahead of this weekend’s G-20 Summit in Toronto, U.S. President Barack Obama sent word to the other G-8 leaders NOT to cut spending at this critical juncture.
This week, England ’s new coalition government did exactly that, massively slashing spending; $16 BILLION from its welfare programs, freezing all government worker’s salaries for 2 years, even freezing the Queen’s budget. They also raised sales taxes, the Capital gains tax and levied new bank taxes.
In other words, Great Britain responded to President Obama’s missive with a perfunctory, “Thanks for those wonderful DVDs that didn’t play in our region, but all the same, go fu-...STUFF yourself!”
