Category Archives: Economy

The fourth Reich?

The Daily Mail, in classic “Hun-baiting” fashion has had a pop at the Germans today. Entitled “Europe speaks German now!“, it centres on comments made by one Volker Kauder who is one of Angela Merkel’s closest allies. He is, in fact, the parliamentary leader of Merkel’s CDU party and he made the comments in a [...]
Also posted in Corruption, European Parliament, European Union, Eurozone, Ministerial incompetence, Nigel Farage, Political Stupidity, UKIP | Tagged , , , , , | Leave a comment

Socialism encapsulated

Here is a picture (thanks to Old Holborn for posting it) which shows clearly why Socialism doesn’t, and will never, work. As Margaret Thatcher once said: “The trouble with Socialists is that eventually they run out of other people’s money”. Click the picture to enlarge it, which is well worth doing, but try not to be [...]
Also posted in Broken Britain, Ministerial incompetence, Nanny State, New Labour, Taxpayers' Money, Waste | Tagged , , , , , | 1 Comment

Bankruptcy, the Euro, and us

Let me start with a couple of quotations from an article in the Daily Telegraph of March 24th, 2011: “Portugal has defaulted on its national debt five times since 1800, Greece five times, Spain no less than seven times (and 13 times in all since 1500). By contrast, Anglo-Saxon countries rarely, if ever, default. In this country, [...]
Also posted in Banking, Eurozone, New Labour, Political Stupidity, Taxpayers' Money | Tagged , , , , , | Leave a comment

On mourning the Celtic Tiger…

Well, those of a sensitive nature may not want to watch this expletive-filled rant, but I, for one, think it’s funny and spot-on. Ok, so it’s contrived, but nearly 2 million YouTube viewers can’t be wrong. Can they? The man’s name is Denis Ryan, a native of Newport, Co Tipperary and a very well-known entertainer and [...]
Also posted in Banking, Corruption, Humour | Tagged , , | Leave a comment

Richard Littlejohn’s Economics ABC

Richard Littlejohn is always good for a laugh, and has a knack of being able to offend or upset people from all sectors of the political spectrum; it’s what he does. Today’s entry in the Daily Mail is a classic, and should be compulsory reading for all of us, especially Alan Johnson. I’ve noticed a concerted [...]
Also posted in Broken Britain, Gordon Brown, Ministerial incompetence, New Labour, Taxpayers' Money | Tagged , , , , , | Leave a comment

À bas les Banques!

The French, as we all know, are not exactly backwards in coming forwards on the civil disruption front. They do love a good old shindig, whatever the excuse, and make our home-grown student protesters look like a bunch of pussies. So it comes as some surprise that they should come up with an idea, somewhat [...]
Also posted in Bank of England, Banking, Civil Liberties, Corruption, Eurozone, Taxation, Taxpayers' Money | Tagged , , | 3 Comments

The economic consequences of Mr. Brown

My thanks to our blogging colleague Old Holborn for bringing our attention to the following youtube clip of a speech by Professor Stein Ringen, and thence, by extension, the rather longer version below it. The subject is a book by Professor Ringen called “The Economic Consequences of Mr Brown”: quite a subject… The good Professor is [...]
Also posted in Broken Britain, Corruption, David Cameron, Gordon Brown, Ministerial incompetence, Nanny State, New Labour, Parliament, Taxpayers' Money, Technology, Tories | Tagged , , , , , , , , | 2 Comments

Why shouldn’t Britain go the same way as Greece? (and other musings)

Prevalent in the news today have been the riots in Greece. The country is now sufficiently unattractive to investors and ratings agencies that their bond markets have frozen, and due to this and their enormous deficit they are no longer able to service their debts. Greek workers’ unions hold enormous sway, and thanks [...]
Also posted in David Cameron, European Union, Eurozone, General Election, Gordon Brown, Lord Pearson, New Labour, Nick Clegg, Parliament, Taxation, Taxpayers' Money, Tories, UKIP | Tagged , , , , , , , | 1 Comment

Suffering from election fatigue?

I think I probably am, but not in the ways you might immediately think. In this era of media- and spin-led politics, we are seemingly interminably subjected to a constant barrage of soundbites, ‘news’, glad-handing, palm-pressing, baby-kissing and any other inconsequential drivel that our political classes and their sycophants in the media care to inflict upon [...]
Also posted in Big Brother, Broken Britain, Climate Change, Corruption, David Cameron, European Union, Eurozone, General Election, Gordon Brown, Immigration, Legal lunacy, MPs Expenses, Ministerial incompetence, Nanny State, New Labour, Nick Clegg, Nigel Farage, Parliament, Taxation, Taxpayers' Money, Tony Blair, Tories, UKIP | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

The Department of Government Waste releases new information video.

Ok, this April Fool, which isn’t in the least funny, but excellent nonetheless, deserves its own blog entry. Watch the advert. Class! Download the PDF!. Frightening… Wikio Wikio
Also posted in Corruption, Ministerial incompetence, New Labour, Taxpayers' Money | Tagged , , , | 1 Comment