Posted by Man in a Shed at 4:58 pm
Labels: Brown Labour, Labour Manchester conference, Real Labour
“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.
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2 comments:
Unless Millipede leads the coup.
Either he's Machiavelli's vicar on Earth and has managed to hide his light till the right moment or he's the wet blanket who caved at the first smell or cordite this Summer.
Frankly I lean to the second. He has very little real experience, and the presence of a wet fish.
My wife already hates him. ( Which is generally a bad sign. )
However, I can't totally rule out a Granita II deal giving Brown till the Euro Elections. That might explain why he's behaved like a wet blanket all Sept and allowed himself to be humiliated by Brown at events like the "Cabinet away day" where he was paraded as a trophy by Brown.
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