Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Sunday, July 24, 2011

Maybe Vince Saw Stuff Like This

According to the Guardian:

Vince Cable has launched an extraordinary attack on "rightwing nutters" in America who are trying to block the raising of the US government's debt ceiling and who are, he said, a bigger threat to the world economy than problems in the eurozone.


Maybe he read something like this blog post with the snappy title "Default -The Two Swwetest Words In the English Language"

Tuesday, March 29, 2011

"My name is Mervyn King, as i am the Governor Bank of England"

I had an email today from the Governor of the Bank of England, which explains why the government is facing such a big deficit:

Although you may be concerned about my e-mail because we have not met before, My name is Mervyn King, as i am the Governor Bank of England, is the sum of EUR20,600,000.00 in my bank, there were no beneficiaries stated concerning these funds are not an agent would ever come forward to claim it.

So I ask, are we to transfer funds from my bank to work on your bank account or another account of your choice, I would like to see if you can help me and also a good and trustworthy person. Once the funds have to keep your bank account we shall then jointly adopted at a ratio of 60% for me, 40% for you, do me as soon as possible by e-mail for more info here is my e-mail address:
My friendly greetings
Mr. Mervyn King

Does Vince Cable know about this?

Thursday, February 04, 2010

Busted Springs

Fancy buying a helicopter? Or even two?

As the website of the Colorado Springs Police Department explains, the US city of Colorado Springs is selling off both of its police helicopters. This is due to 'financial constraints'

The city is short of money, doesn't want to increase taxes, and hence is heading into a crisis. The helicopter sale is just one of many cuts being made to the city budget, and probably one of the less significant ones. To quote the Denver Post:

This tax-averse city is about to learn what it looks and feels like when budget cuts slash services most Americans consider part of the urban fabric.

More than a third of the streetlights in Colorado Springs will go dark Monday. The police helicopters are for sale on the Internet. The city is dumping firefighting jobs, a vice team, burglary investigators, beat cops — dozens of police and fire positions will go unfilled.

The parks department removed trash cans last week, replacing them with signs urging users to pack out their own litter.

Neighbors are encouraged to bring their own lawn mowers to local green spaces, because parks workers will mow them only once every two weeks. If that.

Water cutbacks mean most parks will be dead, brown turf by July; the flower and fertilizer budget is zero....


Perhaps this is a useful reminder of what happens when you demonise local government and cut the budgets too much....

Hat-tip : Obsidian Wings

Wednesday, January 20, 2010

A Bitter Day for my Home Town

It's a bitter day for Rayleigh, with the announcement that all 600 or so jobs at Eon will be lost.

Cadbury's employees - be warned.

Sunday, February 01, 2009

Would You Credit It? 39.9 % !!!!

I found this advert on Facebook tonight:

If you've got poor or no credit history, you can still apply for the Vanquis Visa card and get an instant response. Typical APR 39.9%.
Chris expresses his own views on this weblog.


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