Man in a Shed: Didactophobia

Monday, December 03, 2007

The truth is that Islam and Christianity are mutually exclusive.

Its going to be a lighter blogging week this week. More work to be done - so I'm going to try to restrict myself to linking to interesting posts I've found in the blogsphere / MSM. ( Of course that rather gives the game away about not doing enough work also, but who's perfect ? )

Didactophobia has a key point on the apologists for Islam and the Teddy fiasco in Sudan, its well worth a read here.

( OK if Labour do something really stupid - by their current low standards I might be tempted. And I have one post in prep on the armed forces - but after that its work time - honest.)

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