Man in a Shed: Legacy of the Barmy Army in Gelsencroydon

Friday, December 08, 2006

Legacy of the Barmy Army in Gelsencroydon

Man in a Shed is back from his trip to Germany and was generally impressed with the country. Even the run down bits are built to a high standard and all the people I met tried to be helpful ( the BA check in girl at Dusseldorf could aim at being a bit more skilled in her job).

On a stroll out in Gelesenkirchen on Monday night we ran into the end of the Christmas fair. Something that is done so well in Germany with some charm, and so terribly in our closed shopping centers.

Eating out at the Golden Gans - we got to see that lasting impression Army Group 'B' has left. Our hosts are slowly understanding the difference between the Union flag and the cross of St George. They also made a good effort at Christmas decorations of their own.

The potential split up of the UK will be most confusing for those people who have always liked the British. Like a divorce - who will get the friends ? ( We can of course, if it comes to it, put Northern Ireland up for adoption. )

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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