The Secret Diaries of Viktor Orbán

Thursday 17 January 2013

The main objective of the government over the next 15 months will be to ensure we win the next election. We have come up with the following plan to do this:

1. Force the utility providers to reduce their prices further. This will cost the government nothing, but will be popular with the voters. (We've already made them reduce prices by 10% as of 1 January!).

2. When the current head of the central bank András Simor's term of office ends in March, I will replace him with somebody who is prepared to support the government more, by cutting interest rates, and using tools such as quantitative easing, instead of being so obsessed with inflation targets and a strong forint. This will lead to higher investment by local businesses that will bring economic growth, hopefully before April 2014.

3. Increase pensions and have a 13th month pension at the end of this year. That should win us the grey vote.

4. Use the reserves of the central bank to pay for all of these pre election goodies. The EU requires us to keep our budget deficit below 3%, so we can't finance them by increasing government borrowing.

5. Ensure that the state run media continue their excellent one-sided coverage of the news. The message has to get out there that we are doing an excellent job – which of course we are. Well, sort of.

Friday 18 January 2013

Spent the morning on my weekly "interview" at Kossuth rádio. I always have to be bullish during these talks, to give the impression that things are going according to plan. I told the audience that 2013 will be a year of harvest, after two years of sowing. And so it shall. The fact that we will be harvesting crops that have not actually been planted yet is irrelevant. The electorate must feel that things are going well.

I also told the audience that we are replacing the central bank governor with somebody who is not an "Offshore Speculator." It's important that I drag Simor's name through the mud, because he is likely to be critical of our central bank policies after he leaves office. So we must destroy his credibility in the eyes of the electorate.

Saturday 19 January 2013

In the early 1990s, after the change of regime, my generation all thought that the market economy would bring riches to everyone in no time at all. The fact that this did not happen is obvious now. What actually happened is that foreign multinationals came into our country and acquired all of our assets. It seemed that we had rid ourselves of one foreign oppressor, only to become masters of the western multi nationals. This made me very angry.

Our Political opponents take a pragmatic approach to this. They say that if we cooperate with the multi nationals, and make Hungary an easy place to do business, we will all be better off. They will bring capital, expertise and jobs to Hungary, allowing our economy to catch up with the western nations.

I totally disagree with that attitude. I want the multi nationals out of our country. As Prime Minister of Hungary, I will not be dictated to by any foreign organisations – be they multi nationals, the E.U. or the I.M.F. I am on a crusade to turn Hungary back into an independent country. And I am winning.

I am currently having a battle with some of the foreign owned energy companies. I am demanding that they sell their assets back to the Hungarian government again. There is some haggling over prices. A typical discussion goes like this:

"We will pay you HUF X billion Euros for your business!"

"Its worth more than that, Mr Orbán. Last year our profits were X billion."

"But you are making a loss now!"

"That's because you are forcing us to swallow a 10% fall in energy prices. That is not legal!"

"Don't tell me what's legal, I write the laws in this country!"

Eventually they give in! I love it, I love it!

Tuesday 22 January 2013

Great news on the economy! We confirmed today that our Budget Deficit for 2012 was down to 2.1% of GDP. And that was before taking account of revenues from the seizure of private pension funds. There were a few odd things in there though. In spite of increasing the rates of many business taxes, the receipts from these fell, for example. Anyway we have gained some more credibility.

Lets not mention the fall in GDP of 1.4% or the inflation rate of 5%! Or the fall in foreign investment. People don't need to know about that.

FreeHungary; January 23. 2013.