A miscellany of tax and spend

Terribly sorry to bang on about matters economic, but well it does seem a rather important topic, so please do indulge me. Just a quick whistle round a few bits in the news today.

First up, Guido rather nails the deliberate inflationary policy pursued by the Bank of England to protect the banks at our cost. That they invested in inflation proof securities whilst warning about deflation is a bit of a hint they may have been fibbing to us.

The government mean while continues it’s relentless pursuit of cuts and austerity by shelling out to build a brand new e-petitions system, rather than just you know turning the old one back on and then getting on with ignoring all the petitions.

Then when presented with a sensible drugs policy by a group of self appointed world elders rather than saying “hey, we could tax that shit”. Our glorious leaders decide to ignore yet more advice that legalising drugs is the way to go, because drugs are bad ok? (Inspector Gadget is unconvinced by the elders)

And finally (once again thanks to Penny Dreadful) it seems those crazy kids over at UK Uncut are going to protest Bono at Glastonbury – possibly the most expensive protest ever? Also sadly they’re going to protest against him not paying taxes he can legally get out of and not for being a smug sanctimonious git.

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