Friday, October 17, 2008

From the pony to the spherical cow

Whilst we're at it; watch Tim Worstall claim that the banks don't have any mortgage-backed securities on their books. Indeed, Tim, if you were right there would be no reason to nationalise them; but then, we wouldn't be in this mess. As Molotov said to Ribbentrop, so if the British are finished, why are we in this bunker and whose are those planes?

It's always a laugh waiting for the talking points caches to sync with the authoritative nonsense server.

1 comment:

Anonymous said...

Still, he has just carried out the one action guaranteed to piss off any customer services relationship team...

"I'm billing you £150 an hour..."

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