Man in a Shed: Back from north of the boarder

Sunday, September 03, 2006

Back from north of the boarder

Just back from 2 weeks visiting She who must be obeyed parents and 10 nights camping in Oban and Nairn. I was tempted to blog quiet a few times - just picking up the Glasgow Herald tends to raise the blood pressure of an Englishman a bit. But that wouldn't be having a holiday. So instead I leave you with a pictures of the wonderful beach at Lossiemouth and the Buccaneer service station outside Elgin.
PS Normal service is just about to start.

By random coincidence I have a model of XV530 sitting in my shed with me - the same aircraft as at the Elgin service station (its the only model aircraft honest - it was to be a toy for Boy in a Shed - but turns out to be to delicate for a toy).

Tags Lossiemouth Buccaneer XV530 Glasgow+Herald

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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