Saturday, January 26, 2008
We can no longer afford to defend ourselves
The turmoil in credit markets has dealt a big blow to the UK government’s defence procurement programme, putting in jeopardy plans to help fund a new fleet of Airbus tankers for the Royal Air Force with a bond issue. At a time when our armed forces are risking their lives fighting wars in Iraq and Afganistan with shoddy equipment and poor housing our government runs out of money. What a mess! Soon they will be paying the armed forces with food and clothing vouchers rather than money.