Man in a Shed: Lib Dem donor arrested !

The masters of political hypocrasy are being caught out again. As many people involved in the main two parties can testify the Lib Dems are not the Nice Party they try to portray themselves as.

I blogged about this donation before and said it was strange. Now it looks like the doner is an intresting man, and the Lib Dems keep being hit by scandal.

Couldn't happen to a more deserving party, IMHO.

The BBC are saying:

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The Liberal Democrats have moved to distance themselves from their biggest donor following his arrest on fraud charges in Spain.

Scottish businessman Michael Brown is being extradited to the UK to face a number of charges including fraud, forgery and obtaining by deception.

Mr Brown donated more than £2m to the Lib Dems ahead of the last election.

But a party spokesman stressed there was "no connection" between the charges and Mr Brown's donations.
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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