Friday, 23 January 2009

The butter mountain is back

The European Commission has announced plans to artificially boost prices by buying up 139,000 tonnes of diary products at a cost to the public purse of £237 million.

Oh joy. We thought we'd got rid of that nonsense, didn't we? But no:

Export subsidies and EU food stocks were last used in 2007 and the Commission last year tried to scrap such payments, a reform that was blocked by France and Germany.

Thanks guys.

So, in the middle of a recession, the EU is taking the tax money from our pockets, making us poorer, and using it to make food more expensive, making us poorer again. How to beat the bad times, make the citizenry poorer twice over. Sheesh.

Can we leave yet?

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