Man in a Shed: Punish those responsible for the Green Economic Suicide policy

Thursday, May 30, 2013

Punish those responsible for the Green Economic Suicide policy

This week saw more repositioning from those who have done well out of warmist scares.

But the consequences of "the science being settled" will take years to become apparent.

As the Germans look like finding out shortly http://m.spiegel.de/international/europe/a-902269.html - they may be forced to repay the subsidies they created by exempting their energy intensive industries from the green insanity levies to support solar panels and bird blenders. Their attempt to escape from their own green economic suicide pact looks shakey at best.

We in the UK should't laugh as our government did the same thing, and we can expect the same fines.

It's time to demand retribution paid in political blood. Clearly both Ed Miliband ( ex Energy and Climate change minister ) and David Cameron should be required to seek new jobs in the real world.

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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