Man in a Shed: The search term "caroline flint bloody useless"

Wednesday, February 13, 2008

The search term "caroline flint bloody useless"

MiaS was having a look over his traffic and spotted somebody who arrived here from the Yahoo search for [caroline flint bloody useless]. Indeed MiaS was ranked No1 for this search.

I should point out that that my view on Ms Flint are constrained to her attempt at spin with housing for the unemployed and her refusing to conduct any sort on inquiry about the likely success of the NHS IT project.

I have no idea about her general level of competence - though being a New Labour minister isn't indicative of a good result in that department. She could be wonderful - its at least possible.

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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