UK - Last week saw the hopeless ConDem government of David Camoron and Nick Clagg together with the bank of England  agree to provide up to £100 billion in back up finance to the banks, on the condition that it is leant to business.

This is just another illegal subsidy to the banks that business will not see a penny of. With real interest rates of 18% - depending on risk being charged for commercial banking - rather than the imaginary interest rates of 1.75% claimed by the government. No business can afford to borrow money from the banks.

What businesses need is their customers’ spending money right now. This way they can trade their way into producing growth in the moribund joke of economy created by the hopeless ConDems. So far all the ConDems have managed to do is take money out of the economy. Worse still by adding to unemployment, they are not only taking money out of the economy, they are also increasing government debt.

We at The Bastard believe that rather than giving the money directly to the banks, who will sit on it, or use it to cover losses that they have been concealing from their shareholders. These hidden losses are currently believed to amount to some £40 billion. Source PIRC

Instead the money should go straight into the economy by reducing VAT from 20% to 10%. This decrease in VAT must be permanent. Any competent business man knows that in order to increase revenue, they must reduce prices. The equivalent of prices in government is taxation. So in order to stimulate demand taxes need to be reduced at the bottom end.

Tax cuts for the richest, do not and never have created the so called trickledown effect that the deeply flawed and fraudulent Reaganomics claimed. All that Reaganomics did was lead to increased public debt.

This would have a number of positive effects. The 10% reduction in prices on VAT levied goods will have the effect of putting back cash in the consumers’ pockets. This in turn should create a feel good factor. Something that is utterly lacking at the moment with the governments current policies.

Another thing that would help businesses and consumers would be a freezing of fuel duty. Because everything in this country is moved by truck or van, every increase in duty on fuel, adds to inflation. This is such an obvious cause and effect that only the stupidest dogma politician cannot see it.

Apparently every single one of the hopeless incompetent thieves in Westminster that call themselves MP’s cannot see it and they are not serving the country at all well.

When are governments going to realise that their job is to keep down the cost of doing business? The historically Conservatives - the so called party of business - are every bit as bad as the Labour party and the Liberal Democrats when it comes to inflating business costs.

In order to stimulate employment may we suggest the removal of the so called employee tax’s. Abolish the employers National Insurance contribution. Making it cheaper to employ people.

And finally please stop sending out the stupid surveys, that take a long time to fill in. The time taken filling in the surveys would much more productively be spent generating new business.

The huge advantage of these changes are that it will not need the bank of England to print another £100 billion of inflation. They will pay for themselves.