Man in a Shed: The LibLab pact is back on - Ming's running short of time

Sunday, March 04, 2007

The LibLab pact is back on - Ming's running short of time

Sir Ming looks like he prefers his old Scottish chum Gordon Brown to the English David Cameron. They know each other very well, and the Lib Dems have - up until David Cameron came along to give them a hug - always been happiest attacking the Conservatives.

So vote Lib Dem get ~~the Clunking Fist~~ Gordon Brown.

We'll see how popular that is in the country .....

(Maybe Ming is try to get Gordon Brown to go for a early election, by reassuring him his 'legacy' as PM will be assured ?)

Looks like its going the be the Scottish political establishment against the ~~English~~ rest of us and the next election.

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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