Man in a Shed: ContraTory looks like he's got the forecast right

Tuesday, May 01, 2007

ContraTory looks like he's got the forecast right

ContraTory smells a rat in the media expectation predictions again, playing Labour down so what ever happens on Thurs can be spun by its supporters in the MSM (know as the BBC) as a great success.

However - it looks like thunderstorms for Thurs.

2 comments:

Anonymous said...: I'm going to vote labour in the morning for, I think, the first time. The councillor who will get my vote does a good job all year round and isn't the unknown quantity that the prospective tory is.; 6:18 pm
Man in a Shed said...: Not knowing the people its hard to comment - but at least you've thought things through !

Its always worth remembering that the country is lucky to have people willing to put themselves out to be councillors and stand as candidates - of whatever political party or none.; 6:46 pm

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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