Post Tagged with: "Incompetence"

Road speed limit cut to 50mph

THE government is to cut the national speed limit from 60mph to 50mph on most of Britain’s roads, enforced by a new generation of average speed cameras. The reduction , to be imposed as early as next year, will affect two thirds of the country’s road network. Drivers will still […]

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They meant well

“They meant well” by D R Myddelton, published by the IEA, is a tour-de-force of government project disasters. It analyses in detail: The R101 Airship The groundnut scheme Nuclear power Concorde The Channel Tunnel The Millenium Dome One would have hoped it was redundant to point out that these massive […]

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The road to hell is paved with…

Good intentions, of course. Chris Huhne proposes to introduce a bill to repeal the legislation that has stripped away our rights. So far, so good: There has always been a problem for civil libertarians. The sacrifices of freedoms made by successive governments often seem small, particularly when they are pushed […]

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The Losing Battle to Fix Gold at $35

 Why the G-word is taboo? Reviewing this period in gold’s history makes evident the extreme difficulties experienced by the monetary authorities in controlling the price of gold. The typical flat $35 line on charts gives the illusion that the dollar was a stable store of value. In actuality, market prices […]

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