Man in a Shed: #Demo2010

Wednesday, November 10, 2010

The real victims of the hijacked student demo are the Chinese

Watching the BBC's all to predictable reporting of the left wing thuggery in London today when agitators hijacked naive students into the disgrace we saw today it occurred to me who the real victims of their selfish and self righteous indulgence were. The Chinese people.

The BBC does its best to make trouble for David Cameron on his visit to China ( where he is fighting for the economic future of us all by the way ). They complain that this or that dissident wasn't mentioned and no denouncement of China was made by David Cameron.

But remember the Chinese looked to London today and saw the party headquarters of the governing party being threatened by a rabble of anarchists and naive students. What do you think they concluded ? Of course they will have thought the UK is far too lax and that the result of democracy and freedom of protest are the self destructive behaviour seen today.

So not only were left wing students campaigning to get poor non graduates to pay part of their fees through taxation, but they put back the cause of democracy and freedom in the East also.

They should all hang their heads in shame - if only they had the sense to feel shame.

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