Man in a Shed: Back Boris - before you too find yourself a guest of Uncle Sam

Friday, March 10, 2006

Back Boris - before you too find yourself a guest of Uncle Sam

Never mind extraordinary renditions - what about the legal ones going on now ? If Her Majesty's Govt. can't protect her subjects from being wisked abroad, without evidence, then it no longer protects British sovereignty.

Boris Johnson is trying to get the ball rolling here - lets hope he has some success before some of us live to regret it.

On the more famous ongoing case I don't know if the guys from Nat West accused in relation to the Enron failure have a case to answer or not, but for an incident which occured in Britain, by British subjects, surely we can't extradite to the US. Isn't this common sense ?

PS As the Economist pointed out last week - you may think US jails are a frightening prospect - but remeber similar arrangements exist with the rest of Europe too ...

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The pound in your pocket

"We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists." James Callaghan

“The trouble with theoretical economists is that they don't understand that when you have a deficit, you can only finance it by borrowing, and you've got to persuade people that it's worth lending money to you and that they'll get their money back... there's no way of escaping it.” Dennis Healey during the 1976 Stirling Crisis.

"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens ... Lenin was certainly right. There is no subtler, no surer means of over-turning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." John Maynard Keynes, 1920.

"To preserve [the people's] independence, we must not let our rulers load us with perpetual debt. We must make our selection between economy and liberty, or profusion and servitude." Thomas Jefferson, President of the United States of America,1801-1809.

Inflation is taxation without legislation .. Milton Friedman