Derek Simpson. '...the failure of New Labour's free market...' Eh? What. New Labour free market? Nope. And the free market hasn't failed you pompous old fart. The free market has succeeded and passed an accurate judgement on New Labour's failed experiment with Socialism by regulation.
Peter Hain. '...you don't understand that if we [the government] don't invest [spend] now it'll take longer to get out of the recession...'. Pete old son, you are deluded. The money you spend is taxes. You've taken those taxes from citizens by coercion and they now cannot spend that money themselves. So, no net increase in spending then? And your capital projects take years to come on stream whereas we/I could use the money immediately to buy a meal out or build my porch all of which creates an immediate job demand. (BTW have you noticed how the orange shit always interrupts other speakers?).
Really, what can one do with such epic mendacity from these two lefties. I don't mind them being lefties but why do they lie like they do? Why do they use such flawed analysis?
Whilst on about this can anyone direct me to a detailed and costed argument as to why letting the banks go bust would not have been a problem? I know, on the free market case, why it would have been correct to let them fail, and I am aware of the case for forced debt for equity swps, but I just wonder if anyone has worked out an written about a likely scenario?
QT again. Libdem blokey (Huhne?) on about 'picking winners'. Admittedly in the anti case. Why just he doesn't say 'picking losers'.