The Debts of the Spenders: Daniel Hannan Blasts UK Prime Minister

The hits keep on piling on the UK. Just days after the "market commentators" (permabulls cheerleading the establishment), British bond vigilantes delivered a sharp kick to the UK gilt market in its first ever bond failure [Edit: in several years].

Daniel Hanna, a MEP from the opposition Conservative party, delivered a scathing address to Gordon Brown, the UK Prime Minister.

"The truth Prime Minister is that you have run out of our money! . . . Every British child is born 20k pounds in debt."

3 cheers for Daniel Hanna - the Ron Paul of the UK.

http://www.youtube.com/watch?v=94lW6Y4tBXs