Man in a Shed: The week that was ...

So the second #SillyWeek has passed. I'll add the full list of links to the end of this post, after a little more research.

All in all my favourite was perhaps the pilot - though its also a bit alarming, perhaps only funny if you weren't in the plane at the time. It reminds me of that Russian airline pilot who crashed his plane after letting his son have a go at the stick. The last words translated along the lines "bloody kids".

Of course reality will be outperforming all our efforts anyway. However humour's an important tool we perhaps use to little, especially political bloggers. Anger and outrage often motivate, but humour convinces and changes hearts and minds. A thought for the next political year that will really kick of in Sept.

Posts spotted on #SillyWeek 2010 ( if yours is missing let me

know in the comments ).

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