Man in a Shed: Happy Christmas one and all

Tuesday, December 23, 2008

Happy Christmas one and all

I had a post which isn't finished, but time is running out and we're off to Scotland ( once I pack the car ). So let me wish you one and all a happy Christmas !

( Comment mod is now on as I won't have too regular internet access over the next few days - sorry if any comments take a few days to turn up. But once I deliver the family- are we there yet... he's on my side -- I feal sick etc etc up North I'll be heading for Scotland's most famous export Whisky)

2 comments:

Wyrdtimes said...: Happy Christmas MiaS - don't spend too much up there! Remember where your taxes go.; 3:16 pm
James Higham said...: Yes, Merry Christmas to you, MiaS. Have a relaxing break.; 12:47 pm

Post a Comment

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