Man in a Shed: Burning our money

Monday, February 25, 2013

Burning our money - the return

The most excellent Mike Denham - he of the Taxpayer's alliance YouTube videos of yesteryear ( well about two years ago really ) - has written a book and is returning to blogging.

This is good news all round - especially if you have any Lib Dem or socialist relatives etc you're obliged to purchase Christmas presents for .. see here.

Christmas has come early in my Shed as I'm downloading the kindle version.

It also means Burning our money blog is back !

Monday, June 04, 2007

Civil servants told to destroy reports on risky IT projects

Tony Collins reports in Computer Weekly that:

Treasury officials are ordering the immediate destruction of "Gateway" internal reports into risky government IT schemes to prevent information on the projects being leaked.

Full article here ....

Is that the smell of burning tax payer money again ? Who is chancellor of the exchequer these days ? This is a disgrace - he should resign.

Alternatively some more playful members of the bloggersphere might try a freedom of information request for the title of reports that now need to be destroyed after reading - but perhaps that would be too mission impossible ? ;-)

Update: See Dizzy Thinks on this also..

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