The woman round the corner with the old Labrador reckons the UK is stuffed.
You see interest rates are effectively at zero already, what with inflation. Water doesn’t boil at 100 Celsius at the top of Everest and Sterling no longer buys more than a Euro. The dualism approach of UK economic policy, sandwiched between the macho manoeuvrings of the Euro and US Dollar, seemed pretty good at the peak of the boom. Now we can see that Gordon Brown really did walk about naked. He’s been cheered to the rafters around the capitalist globe by a disparate, desperate and intellectually barren Political Class shutting their eyes to his evident nudity. His prescription for our economic woes a dose of Keynesian Economics: borrowing to invest in infrastructure, an attempt at stimulating the economy by borrowing money to create jobs building stuff. In other words, and here’s where the capitalists don’t like it, transferring the power of wealth away from goods and assets, like houses, shares, equity in homes, cars and so on. Away from unearned income, like interest on savings and pensions; instead increasing the value of production and Labour.
So, like an NHS quack who’s sniffed too much laughing gas, some New Labour MPs demonstrate a cursory knowledge of medicine prescribed by quasi-Marxist politicos. But they’re the same ones who misunderstood the theory at Uni. They might have some idea about the divisions of labour, inequalities, unfairness of male constructs, like: ownership, justice, goods, power, servitude and so on. They even appear to have genuine chips on their shoulders. Some have gone the extra mile towards patronising all and sundry, by affecting a vernacular that is almost not normal, and vaguely parochial.

Gordon Brown wonders where it all went wrong
Gordon Brown’s next step, now borrowing and interest rate cuts haven’t worked. Now that nationalising the banks and “recapitalising” haven’t worked. “Recapitalisation?” Why it’s nothing more than a fancy-dan way of saying we’re protecting wealthy.
Well what’s left?
Oh yes, I remember, like in the seventies: print loads of money, borrow money off of the IMF to fix that, get Tories in power for two decades abusing all of the human rights infringements brought in by the quasi-neo-intelligent-semi-comatose-Brownshites.
Mmm - power cuts, strikes, unrest, boring television, no job, no dole, no sick, no cheap fags, no cheap booze, empty pubs, cold houses, dark streets, Esther Rantzen. Great.
So once Gordon Brown prints and spends all the money he can produce from the million tons of ink he’s just bought inflation will hit 15% , interest rates will hit 16%, house prices fall through the floor, unemployment off the chart.
The poor become a good deal poorer.
Good call.
Why doesn’t someone tell them what all that political historicism means? But what else is there? Chump Cameron and his best chump chum Osbourne the pea-brained Old Etonian half-wit. Or thingy and Vince Cable.
Now I think the SNP should seriously think about invading England. I’d vote for England to be part of Scotland any day. It hasn’t worked so well the other way round recently has it, so why not? Alex Salmond for Prime Minister of the UK I say.
Tags: economics, inflation
Posted by admin - 16/12/08 - 0 comments