Man in a Shed: Miliband has no balls

Tuesday, April 17, 2007

Miliband has no balls - according to the BBC

The leader after next - David Miliband - has somehow led the BBC to announce he's not standing for the leadership of the SS Labour Party, as it steams full speed towards to ice berg of the May elections.

The BBC love Mr Miliband even more now - and have a wonderful grinning picture on their web site.

The much maligned Nick Robinson ( including by myself a while ago ) spots the wrigle room. Could it all be spin ?

Why do we even wonder ?

Only a idiot and/or a Labour party supporter could believe Miliband hasn't been eyeing up the top job. MiaS spotted his campaigning earlier on. If he wanted to crush speculation getting your mates at the BBC to give you lots of headline grabbing publicity isn't the way to do it.

So perhaps he's got the balls and the brains after all....

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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