Nov 04

First up one should not talk the economy down. However there is no evidence that Tory or Labour disbelieve their inane and delusional nonsense. Iain Duncan Smith thinks the UK will be fine outside of the EU. The Milibands are pimping a Living Wage which is classic New Labour using a worthy cause and source of worthy rhetoric without tackling the reasons why people don’t get a living wage – despite their being in power for 13 of the last 15 years. They all ignore the economic reality. That whilst it continues to subsidise the shadow banking industry that creates no wealth with 10s Bns each year the real economy will not grow and indeed the rest will shrivel and the parasite will have nothing to feed off either. At that point it won’t matter if we are in the EU or not.  Continue reading »

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Jul 08

After all the aren’t we good columns and stats against the increasingly direction-less and broken coalition the Guardian showed itself once again for the 0.1%. It talked of ‘raised hopes’ for QE. This disaster came to pass.  Continue reading »

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