… a petition for the Prime Minister to resign is the outright most popular petition on his own website: Magnificent yet terrible: how long must we wait?
Read MorePost Tagged with: "Incompetence"
Smile, smile, smile | Coffee House
Finally, Gordon Brown has at last done something to cheer us up – and released what is perhaps the funniest video ever to come out of No10 (watch it after the jump). via Smile, smile, smile | Coffee House.
Read MoreGordon Brown, the G20, hyperinflation and economic incompetence
Gordon Brown promises increased economic intervention by the G20, including sales of gold reserves, and the emergence of “a new world order”: Janet Daley looks for comfort: Gordon Brown has announced – in his best portentous tones – that the G20 summit concluded that “global problems require global solutions”. What the summit actually […]
Read MoreIs the Economy a Perpetual Motion Machine? – William L. Anderson
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 […]
Read MoreBBC NEWS | Politics | ID card ‘flash and dash’ warning
Toby Stevens, of the Enterprise Privacy Group, believes a shortage of fingerprint scanners could lead to an explosion in “flash and dash” fraud. And that, he says, could scupper the scheme before it gets off the ground. The Home Office has said it will set up a hotline for traders […]
Read MoreThey 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 […]
Read MoreThe 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 […]
Read MoreThe 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 […]
Read MoreLloyds Banking Group rocked by shock losses in HBOS – Times Online
Taxpayers could have to spend billions bailing out the banks again after massive and unexpected losses were disclosed by Britain’s new superbank. Shares in Lloyds Banking Group fell 32 per cent to 61.4p yesterday after it reported losses of £10 billion in HBOS, making it worth far less than thought […]
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