A superb article by Irwin Stelzer in The Times at the weekend, ‘Don't force EU's new world order on America’, in which he writes: “Brown, Sarkozy & Co have always done what President Ronald Reagan accused his own bureaucracy of doing: “If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidise it.” Brown, long famous for profligate spending and mindless regulations, now proposes to subsidise homebuying by first-time buyers so that they can catch the falling knife that is the house-price market. And his new-found friends in the EU have never hesitated to increase their tax-funded budgets, and draft regulations at such a rate that even the lobbying firms in Brussels cannot follow all the action.”
