And gaffe or not it turned out to be the truth, the whole truth and nothing but the truth.
Though after thirteen years of Laissez Faire economics, a lot of people who swallowed the bait hook, line and sinker can’t bear to hear a bit of factual evidence and a few home truths. But what really niggles, is these Fabian Socialist misfits lining up behind Dave to slag-off his Lordship, for nothing more than an insight into the approaching tsunami.
Yep! Recession’s over so they say, though what his Lordship was getting at was the fact that we never really had one, for it hasn’t started yet. Just watch out, as inflation lets rip and the only way to stop it is to jack up the interest rate. The MPC is beginning to lean that way, if the minutes of their latest meeting are anything to go by.
But with the new Labour zealots still in denial, do we really need a parade of these has-beens with nothing better to do, than to keep on ramping up the impression, that they really did know a better way? Jeff Randall exposed the fraud they were trying to perpetrate, in respect of cuts, when he published figures showing gov’t spending was still on the increase, year on year. Though it’s now being managed without the profligacy, in a way the Market Makers are happy with.
Heaven knows they need the gov’t to borrow more than anyone, for that’s what they thrive on, if only for the return on the investment funds, which pay their private pensions The pension actuaries need it as much as we do, to keep on dishing up the ante post bets. Without a ready supply of gilt edged securities, we’d all be in big trouble. So effectively, all they need to know is that the gov’t ( in the words of General Mike Jackson) is ‘good to go,’ when it comes round to payday.
So there you have it folks, no gaffe, just the plain honest truth. Dave’s raging on about nothing and dumping one of the few men with the nous to rumble what is going on. He should have stood up, took it on the chin and backed his Lordship for telling it like it is. Something this blog has always attempted to do, though I’m about up to the teeth with all these petty, scaremongering opportunists out to embarrass anyone they can get their grubby little mits on, just for the sake of pseudo-political nit-pickin’.
But why, oh why did Dave have to make himself look so silly and he’ll look even sillier when his Lordship’s pigeons start coming home to roost, sooner than a lot of people think.
So that’s awight then! Now where’s the biscuits?
Watch this space, I’ll be back!
Tom.
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