It’s a funny old world (#2) QE2; £75 billion “boost” for the economy!

Please click to express yourself

Please click to express yourself The casual hypocrisy of George Osborne:- 09/01/2009 – “QE is the last resort of desperate governments when all other policies have failed” – George Osborne in opposition 06/10/2011 – “QE is an appropriate tool” –

Read More It’s a funny old world (#2) QE2; £75 billion “boost” for the economy!

Eurozone delusions continue

Please click to express yourself

Please click to express yourselfEven now, when it is obvious to everyone but politicians, journalists and most economists, that “bailouts” don’t work – cannot work – never in a million years would work, do we have emergency meetings between, France, Germany

Read More Eurozone delusions continue

In defence of David Starkey – he was right – “white is the new black”

David Stakey on Newsnight August 14th 2011
Please click to express yourself

Please click to express yourselfI find David Starkey an interesting man in many ways and admire his perspective on today’s events when he does his “but of course, we have seen all this before …” routine. I am not with him on his love

Read More In defence of David Starkey – he was right – “white is the new black”

Reality bites – at last …triple AAA? (ask Mr Micawber, he knows)

Please click to express yourself

Please click to express yourselfThe AAA rating, by Mr Micawber’s definition (and that of reality and your grandmother) is earned when your income just exceeds your expenditure and that future prospects are stable. Neither of these simple criteria apply to any country

Read More Reality bites – at last …triple AAA? (ask Mr Micawber, he knows)

Aha – someone agrees with me – but no celebration …

Please click to express yourself

Please click to express yourselfTerry Smith, chief executive of Tullett Prebon, one of those “financial sector” companies that scare me to death, because I don’t really understand what they do, Terry Smith runs a blog too, and his latest posting

Read More Aha – someone agrees with me – but no celebration …

It’s a funny old world (#1) So our Vince was right then ..?

Please click to express yourself

Please click to express yourselfThis is the first of a new series of posts pointing out the obvious hypocrisy of politicians that most people don’t have time to spot – I do, so here is a classic example. The following article appeared in the

Read More It’s a funny old world (#1) So our Vince was right then ..?

Are we being run by idiots? (Euro bailout #2)

Please click to express yourself

Please click to express yourselfDid you know that when Italy joined the Euro, it failed several of the main criteria set up for countries joining the Euro? Did you know that “bail outs” of failed economies in the Eurozone are prohibited

Read More Are we being run by idiots? (Euro bailout #2)

Our Dave gives a master class in arse covering

Please click to express yourself

Please click to express yourselfThe main theme of meBook  is that “party” politics corrupts the decision making process in government thus ensuring that unforgivable errors are made in managing Britain’s resources. The last few days have made me glad to be grumpy –

Read More Our Dave gives a master class in arse covering

We’re all in this together – but don’t dare strike says our Vince!

Please click to express yourself

Please click to express yourselfRemember this from our mate Dave? (Tory Conference – October 2009 – full text here) “It means showing that we’re all in this together, which is why we’ll freeze public sector pay for all but the one

Read More We’re all in this together – but don’t dare strike says our Vince!