Man in a Shed: I bet Labour wished they'd run the Apprentice to chose their leader

Wednesday, June 04, 2008

I bet Labour wished they'd run the Apprentice to chose their leader

In years to come people will marvel at how it was that Gordon Brown managed to capture the leadership of the Labour party, and by virtue of breaking Tony Blair's promise to serve a full term, to be appointed quasi-President (because that's how Labour leaders now behave) of the UK.

What is instead they had run an apprentice style competition. Can anyone imagine Gordon Brown surviving the board room? ( He can't manage a straight answer to any question in PMQs - you can almost hear Sir Alan saying "what is it you do, because I see nothing from you but talk ?).

Next time lefties try and have a bit of free market competition when you chose a leader ;-)

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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