If 6 Were 9

Remember back when the coalition still hadn't markedly pissed off anyone? You know it was sometime in October/November; Osbo had just told us all calmly that DROSSTRAP would be the order of the day - the brakes going on for getting more indebted, with a view to a second term setting a plan to handle all those IOUs under the carpet - Zippy as business secretary was chatting up journalists and briefing against businesses his lefty constituents didn't particularly like; Cameron courageously and heroically arguing down the amount of our government money handed over to an increasing EU budget in this new age of austerity.

This last point, Cameron's first of many backtracks on the EU, thus tune being to push for a halt in it's budget or potentially a decrease, led to a 2.9% increase: equating to roughly £440 million extra in our contribution.

Man, those were the days weren't they?

So what has this budgetary increase now become?

[EU budget increase: £0.45Bn] + [Irish Bailout: £7Bn] + [Portugese bailout: £6Bn] = £13.45 BILLION in additional money's going to the Eurozone.

If £0.45Bn = 2.9% increase that equates to £0.225Bn per 1%; therefore £13.45Bn/£0.225Bn = a 59.77% increase in our net EU contributions.

Looked at another way the average cost of the Lockheed Martin F-35 Lightning "Joint Strike fighter" - those jets we have had to cut the majority of our order of to make up budget cuts - come in based on the Wikipedia pages' figure at about £85 Million a piece.

So we've just given up a potential 158 brand spanking new and shiny fighter jets bailing out the unaccountble Eurozone colleagues an their ambitions for a single currency.

You still glad we got "cast-iron Dave" at the helm? More like pig iron; will crumble at the slightest hint of pressure onto a bed of taxpayers money.