Immigration and the Credit crunch

The repercussions of the credit crunch include drastic cut backs in
the job market. Economists are warning that Britain is heading for an
‘avalanche’ of job losses. At the same time, the numbers of job
vacancies is falling. The three months to August saw the becond
biggest drop since records began: 59,000. Meantime, immigration
continues to increase. This can mean only:-

1) Either those people still in jobs in Britain are going to be taxed
even more highly than otherwise to pay for the housing and the keep of
these immigrants, or

2) The New Labour Government will have to get even further into debt
to do so with the risk of inflationary pressure and higher interest
rates.

Both these options will lengthen the economic downturn . Either way
the British people will pay. You don’t get something for nothing -
unless of course, you are an ‘asylum seeker’.

The easy credit, created by this government and a huge Chinese trade
imbalance, the ever rising price of housing and the cheapness of real
products from China made by hard working people who believe in thrift,
has created a false sense of security and feel- good factor in recent
years for the British. All of them are going to disappear. The British
have been been living beyond their means. British people have the
highest level of personal debt in history. Including credit card debt,
between them they owe well over one trillion pounds. They are going to
have to repay these debts at a time when the price of such basics as
food and heating is skyrocketing, housing values are declining and
many are going to lose their jobs. They have been encouraged to sink
themselves in this mire by Gordon Brown and New Labour, who told them
that they had brought an end to the era of ‘boom and bust’ and also
created the biggest government and public liabilities ever on the
strength of this stupid optimism..

New Labour wanted the British to enjoy prosperity, not so much because
they had the well-being at heart of the native British, whom they
despise, as because prosperity could anaesthetise them to their
primary motive, which was to strip them of their homeland through mass
immigration. Immigrant cheap labour also had the virtue (for them) of
holding down the inflationary pressures created by all this debt -
funded spending.

As a result of the malevolent stupidity of Gordon Brown, cheered on by
his party and its admirers, this country is saddled with an imploding
economy, enormous public and private debts, and a society which is
disintegrating under the pressures of mass immigration and moral
collapse.

What disaster.

If the Party has to be over, let’s hope it is the New Labour Party.

http://www.bnp.org.uk/2008/09/immigration-and-the-credit-crunch/
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