Over the past couple months the government and many of it's minions have been telling us what a great success the implementation of Value Added Tax has been.

On the one hand they brag that they've taken record dollars from the taxpayer with VAT – yes you read that right – "taken" record tax dollars, yet on the other hand they want to borrow another $250 million in short-term securities starting in July.

As suspected by many people, the government has no intention of reducing spending to get their fiscal house in order.

Why do they need to increase the debt if VAT is so successful?

When government trips over its own rhetoric it is a pathetic sight, but it's the taxpayer that gets it good and hard.

As H. L. Mencken said, "Every decent man is ashamed of the government he lives under."