Man in a Shed: Is Blair about to go very soon ?

Thursday, November 30, 2006

Is Blair about to go very soon ?

The LibDemVoice is suggesting a major announcement for Monday. Blair has just given another rehash of his ideas on education ( an implicit admission of defeat as far as I can tell ).

If he waits longer then events may really skewer him - he may be made to look like he was going after an bad scandal or disastrous election results.

The NuLabour spin machine's eye is focused on middle England and may be about to strike again...

Update: Well I have to say I got this one totally wrong. Doesn't mean I'm not looking forward to the big day though. I still remember reading of Mrs T's resignation on a front page in a super market in Edinburgh. It made me feel sick - I suspect the reaction this time round will be more on the lines of celebration.

Tag Blair, Labour, NuLabour, Failure

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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