Banking Crisis

Swine Flew Over The Cuckoo’s Nest

May 1, 2009

The chattering classes are flocking onto the wires, emboldened by Guido’s successful raid which knocked out the guard dog, they sense the opportunity to finally rid themselves of the ‘cuckoo’ Prime Minister that was planted in their nest by the departing Tony Blair. True to Labour form, we are fed a major scare to keep [...]

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The Government doesn’t know what ‘broke’ means.

April 23, 2009

In the wake of the Chancellor’s Budget, Directgov has today launched Moneyspeak, a new, free simple tool. Moneyspeak is an interactive tool that puts those confusing and alarming economic terms we hear every day into context. I thought I’d give it a try with one of those confusing and alarming economic terms – like ‘broke’. [...]

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Very simple economics…….

April 23, 2009

This is for the blondes among us (male and female) as explained to me by someone seriously intelligent – and very patient. If you start work when you are 20 years old, and stop work at 60, then you should put £3 out of every £10 you earn into a pot so that you can eat [...]

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Government Balls.

April 23, 2009

Last week in The Times it was reported that a so-called Government behaviour expert had completed a four-year review and had concluded that ‘satisfactory performance’ should no longer be considered good enough. The study suggests that “moral principles” might be a very good thing to help certain individuals recognise that “when certain boundaries are crossed [...]

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The budget – interest dwindles…..

April 22, 2009

The House of Commons at 2pm today……..waiting to hear how their second home allowances would be affected by the Budget proposals. Standing room only. The House of Commons at 4pm today…….doing a day’s work discussing how the Budget was going to affect their constituents……….I could only count 19 out of the 646 who were sufficiently [...]

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The Pound in your Pocket may be a Swaziland lilangeni

April 9, 2009

In which case – hang on to it! The Lilangeni is worth at least 14 pence on the open market and shows no sign of devaluing, which is more than can be said for the NuLabour ‘Brown’ pound. Last November Angela Eagle told parliament that the Royal Mint had managed to retrieve £97,000 fake pound [...]

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