November 13th, 2008

Gavyn Davies Advocates Mugabenomics

Some of the more excitable co-conspirators have been warning in the comments on this blog for that Britain is heading the way of Zimbabwe. Guido has until now discounted them as being over the top (yes the comments here do occasionally go ever so over the top).The government’s economic policies do sometimes seem to be a form of voodoo economics involving uncounted debt, faked statistics and ever changing “rules”. Gavyn Davies, a former Goldman Sachs managing director and MPC wise man is close to the Brownies – his wife Sue Nye was Gordon’s diary secretary and is now the Director of Government Relations in Downing Street. So when he advocates, as he does this morning, turning on the printing presses at the Bank of England and just printing more money to solve our woes, you can believe this is being discussed in Downing Street.

Are we now at the dead end of the New Labour era and Mugabenomics is a serious policy option? This is madness.



Seen Elsewhere

Cam Can Sell Euroscepticism to Europe | Peter Oborne
Treasury’s Laws There to Be Broken | Jill Kirby
Dave’s Pro-Free Markets Speech | ASI
Forget the Nimbys, Bring on the Bimbys | ConHome
Emily is No Snob | Islington Tribune
Cam’s Red Line | Sun
Politicians Must Examine Their Extincts | Laura K
Immigration Lies | Nigel Farage
Take That Mr Speaker | Quentin Letts
How Avoidable Scandals Destroy Stupid Politicians | Alex Wickham
UKIP Mosque Confusion | The Week


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UKIP’s Patrick O’Flynn:

“I think Mail online comments are a telling indication of public opinion.”



Left on Left says:

The lefties are attacking because the panellist is a millionaire and lives in a London home worth upwards of two million. Someone had best tell them he’s called Ed Miliband.


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