Man in a Shed: Dan is right on the money

Tuesday, January 31, 2012

Dan is right on the money - as he often is

There are various articles in the press attacking the weak weak weak coalition government and its gutless surrender to self defeating socialist envy.

So far I like this from Dan Hannan the best ... recommended reading.

3 comments:

Anonymous said...: Which party does Hannan remain a member of?; 11:12 am
sean said...: Hello,

I'm the politics editor at Before It's News. Our site is a People Powered news platform with over 4,000,000 visits a month and growing fast.

We would be honored if we could republish the rss feed of Man in a Shed in our European Union category. Our readers need to read what experts like you have to say.

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Thank you; 9:37 pm
Man in a Shed said...: Anon - A good point that I see is often made to him in his comments section.

There is no doubt that he would top any UKIP list.

However as someone who has taken a long time to let go of his Conservative membership, even though he knew he needed to I have some sympathy.

Party membership is more than just a support arrangements, its friends, the past, identity. Hard ties to break.; 8:23 am

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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