Tuesday, 25 August 2015

The disastrous recipe of 2011 presented again by the socialists - awaiting another bail-out?

Maria Luís de Albuquerque, the Finance Minister of Portugal

The Finance Minister was invited to give a class at the Summer university of the PSD.

After doing a little review for the last past years, 
the finance minister talked about the PS and its previous measures, 
comparing them to those that the socialists now propose. 
"It's important to remember the measures that the Government of the Socialist Party
 took to address the financial crisis in 2009/2010: 
they increased public spending, 
they stimulated private consumption 
and the result is what we know now:
 the deficit reached levels never seen before 
as the public debt shot sky high 
and the financial markets just closed the tap.

"Why should the Portuguese believe that exactly the same recipe
 that led to the 2011 disaster, will now produce different results?". 
The answer was assertive: "It is simply not credible."

"Just the fact of not having realized nor understood 
what really happened in 2011, can justify that the PS today, in 2015, 
after 4 years of hardships and suffering, 
with the Portuguese enduring the very tough ransom measures 
imposed by the "troika", which affected everyone, 
to re-submit the very same recipe again," said Maria Luis.

It goes beyond logical understanding.
The ONLY credible explanation to be found,
is the socialists' insaciable hunger for POWER!
And the possibility of getting their hands on the full coffers of the State, 
now that a lot of the problems have been solved.

But the Socialist are so wrong:
There is still a hard road ahead, with the votility of the markets
in the air, as the BIG CRASH may be just around the corner, 
with China leading the next financial disaster.
Yesterday, all stock markets on a global basis, 
fell to unheard of levels, 
only seen in the darkest days of 2008.

How can an irresponsible new socialist government, 
know for their spend-thrift talents, 
their mega-public projects, 
paid with the hard-earned tax-payers' money, 
govern a country, 
still wounded and fragile from the last bail-out, 
caused by these spending crazed socialists?

It's time for caution and with strict control of Public Finances.
There is no time for financial fantasies and adventures.

Reality is more cruel than day-dreams of glory and power!!


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