Entitlement, the welfare state gone mad
We live in a country which embraced the disease that is socialism after world war 2 and it has been the ruination of the country. Today the dead hand of […]
George Osborne
Sell in May and go away…………..
In an open market price is driven by just one factor, and that is sentiment. Mathematicians can use computers to come up with wonderful models, but at the end of […]
Libertarianism, the cure for our financial problems
There are two different ways to run a society, socialism and libertarianism. With libertarianism people are allowed to keep most of the money that they earn, they can then make […]
Britain is broke and it is getting worse. More cuts needed
As regular readers will know the public or state sector of our economy is parasitic on the private sector, where all the wealth is generated. Not only that, the state […]
The coalition U turns
So now Ken Clarke’s much needed and very well thought out penal reforms are going to be watered down, the latest in a series of government moves that, whilst not […]
Balls switches from the left to the right, overnight
Firstly a small recap. The last Labour governments, under Tony Blair and Gordon Brown, lost control of spending and in an unprecedented inept profligate splurge wasted hundreds of billions of […]
Plan A seems to be working
Ed Balls is having a torrid time at the moment, his ridiculous economic ideas had cold water poured on them by the IMF, highly incriminating papers got into the hands […]
Are we about to experience runaway inflation?
So inflation remains at 4.5% (or 5.2% if you take retain price inflation), more than double the 2% target that the government is supposed to work to. Without drops in […]
Good stuff from George Osborne
It has been pointed out on here many times that all our wealth, ultimately, comes from the private sector making profits. Everything else is parasitic on this. So the easier […]
Europe rescues Portugal. Ha ha ha
So the rich countries in the Europe are once again riding to the rescue of a country that has behaved very badly. Portugal’s problems are structural, their economy is uncompetitive […]
Balls, cut off
You may have noticed how Ed Balls has become invisible recently, he has shut up and gone into hiding. And here’s why. Ed was a member of the last, totally […]
Balls up
I was amazed this morning to hear Ed Balls on the Today programme complaining about the Government financial measures that come into force today. So let’s be very clear about […]