My considerable thanks to Iain Murray for bringing to our attention this crass bit of wealth-destroying codswallop courtesy of our enemies, the Eurocrats.
Ever more wedded to discredited enviro-mental ideology, the EU has now passed laws forcing all EU motor vehicle manufacturers to pick up the tab for the recovery and recycling of old vehicles and has drafted a raft of pettyfogging regulations that they have to comply with in the process.
Thus they have not only delivered a legislative hammer-blow to the fruitful and wholly organic (in the best sense of the word) car-recycling industry but heaped a wholly unnecessary cost burden onto industry and, therefore, European consumers. Oh, and we ain’t seen nothing yet.
“Where will it end? Not content with cars and fridges, the EU has now moved on to the Waste Electrical and Electronic Equipment Directive, covering televisions, toasters and the like. The concept of ownership is thus undermined, property rights are violated, industry is put at a competitive disadvantage and – to top it all – illegal dumping is encouraged”
Do these people have the first inkling of how an economy actually works? Are they cretinous or malevolent or both? Do we have to rely on a kindly asteroid for salvation?