Man in a Shed: #LisbonTreaty

Saturday, October 03, 2009

Labour praying for a Yes vote in Ireland so they don't have to face a vote in the UK

I've just seen this tweet from Claire Hazelgrove a London based Labour candidate for Skipton & Ripon:

I bet you are Claire. After all your party betrayed its election manifesto to give the UK a referendum, and doesn't want the people of Britain getting is democratic rights from an incoming Conservative administration. ( Yes we've heard all the weasel worlds about treaties not constitution, but even the Labour MP who helped form the constitution admits they are the same ).

Labour are running scared of any votes they can't fix.

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