Man in a Shed: How about Labour show us this new type of capitalism with their own capital

Tuesday, December 10, 2013

How about Labour show us this new type of capitalism with their own capital

There are a few articles starting to turn up today a out the need for a new business model. The usual Lewis suspects are involved.

Well I have an idea why don't they back some of these ideas with their own capital ? After all the look like of the millionaire Milibands can afford it. They could get a loan against their death tax bypassing fortune a show us all how its done.

Though perhaps they will want to avoid the above of ethical investment experts like the Rev Flowers.

This is the problem with all the public sector parasites that make up the state funded parasite organisations like the Unions and Labour.. they never risk their own money and pensions, just everyone else's.

Not very ethical this left wing cowardice is it?

1 comment:

James Higham said...: Not very ethical at all.; 7:56 pm

Post a Comment

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