Stealing from the poor and giving to the rich
Our dear leader mayor Ken ‘capitalism kills’ Livingstone and his bosom buddy Hugo ‘I <3 Castro' Chavez are engaging in a bit of wealth redistribution.
Unfortunately they seem to have get a bit confused. They're taking money from poor Venezuela and giving it to rich London.
Chavez also seems to have missed the point at home in Venezuela, inequality is getting worse not better.
Tim Worstall has more details.
I’m sure Pollyfilla would justify it by saying all the foreign aid to London is in fact government money so nothing is coming from the poor.
There is however some good news, the poor people of benighted Venezuela are more economically literate than Livingstone, Chavez or Toynbee - 72% agree that free trade makes most people better off, the highest percentage in Latin America.
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