Ambrose EP: Needless to say, it really doesn’t make any difference in the long-term whether Greece gets a bail-out or who provides the money. The country is not facing a liquidity crisis, it is facing an insolvency crisis. Assume he’s correct (as I think he is). This makes all the fuss about speculators, CDSs, hedge funds
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TimWorstall 27 minutes ago (via timworstall.com)
Labour governments typically devalue the currency, run out of money, and preside over industrial chaos. Welcome to the spring of discontent. The 1945-51 government devalued the pound from $4 to $2.80. The 1960s Labour government
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JohnRedwood 49 minutes ago (via johnredwoodsdiary.com)
Listening to BBC news, it's striking how they are still using Labour's politically-charged vocabulary. When the universities are kicking off about their budgets being cut, the BBC newsreaders are told to talk about "investment" in higher education, rather than spending. Why, though? An "investment" would be to put £1 billion of taxpayers’ money into an Emer...
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Spectator 13 hours ago (via spectator.co.uk)
Four Lib Dem MPs are told to apologise and repay money after breaching Commons rules over their second homes.
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BBCPolitics 19 hours ago (via news.bbc.co.uk)
John Denham announces £50million to help local economies. Southampton City Council is one of the councils benefiting from £50million intended to help make strides towards economic recovery in their local area. This new money was announced by Itchen MP, and Secretary of State for Communities and Local Government, John Denham earlier this week. This Government funding is from the Local A...
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LabourMatters 20 hours ago (via labourmatters.com)
...Labour government pumps millions of taxpayers money into a union, union then donates shitloads of money for Labour's campaign funds... Surely that's money laundering? To think, Labour muppets everywhere were banging on about how terribe a non-dom giving money to the Tories was bad? What an absolute shower of bastards.
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TheCynicalDragon 22 hours ago (via cynicaldragon.com)
OK, the report itself is obviously true. Unions get taxpayers’ money fed to them through the government, unions then donate large sums to the Labour Party which happens to be the peeps in charge of government. A gross and vile corruption of the body politic. It’s illustrated with a picture of a man in a flat cap.
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TimWorstall 23 hours ago (via timworstall.com)
The public sector is wasting at least £25 billion of taxpayers' money a year because of a failure to reform outdated procurement and outsourcing practices, a report claimed.
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Telegraph 1 day ago (via telegraph.co.uk)
The union behind the British Airways strike has received £18million from taxpayers under Labour, The Daily Telegraph can disclose.
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Telegraph 1 day ago (via telegraph.co.uk)
It’s curious how the renewed pressure on China to let the yuan rise and make its exports less competitive comes at just the time when the workers in those enterprises are starting to make something like real money. Obviously, the...
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BloodAndTreasure 1 day ago (via bloodandtreasure.typepad.com)