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pdlodge

Listed below are comments made by pdlodge between Thursday, 16th October 2008 and Friday, 12th December 2008.

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Another Black Friday 12:04pm on 12 Dec 2008 The pound is going to be worthless. Raise rates NOW! Screw the borrowers who look out mortgages they can't afford! If you think that's bad, wait til be have 20% inflation!
The New Capitalism 10:01am on 09 Dec 2008 We never had capitalism in the first place. Central planners have been meddling in the economy for a 100 years and they always mess it up.
Why punish savers? 11:41am on 04 Dec 2008 Thanks Gordon and Mervyn. My gold hoardings are increasing in value everytime you announce another harebrained scheme.

I do feel sorry for people not savvy enough to get out of sterling, though.
Taxpayers' mortgage guarantee 10:27pm on 03 Dec 2008 Um, did Brown miss the collapse of Fannie and Freddie in the US this year?

What he's done here is set up a British Fannie and Freddie.
RBS, repossessions and recovery 09:11am on 01 Dec 2008 Another band-aid. When is our government going to realise there's nothing they can do? The market ALWAYS wins.

If central economic planning was so effective, the Soviet Union would have become a utopia. Brown needs to get out of the way and let the free-market work it out.
Darling v Mathewson and Burt 09:14am on 19 Nov 2008 Is Brown a dictator now? What happened to capitalism? Let the board of directors decide and stay out of the market before you do more damage, Brown
Irresponsible or prudent? 4:59pm on 15 Nov 2008 The idea that one man's words can damage the currency is ludicrous.

And so is the "oh it's good for exports" fallacy. What do we export anyway? We don't manufacture anything.
Irresponsible or prudent? 3:47pm on 15 Nov 2008 Osborne is right. A collapse in our currency would be FAR worse than a recession. Forget the bailouts, stimuli and borrowing and PROTECT the pound. We need 20% interest rates.
What Mervyn didn't say 2:15pm on 22 Oct 2008 Maybe we should stop the BoE and Brown dictating to private banks.
Spend, spend, spend? 4:31pm on 16 Oct 2008 Peston, you're clueless. You can't spend your way out of debt.

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pdlodge