Blog Review 803


One of the more startling rhetorical collisions of recent times. John Redwood channels Neil Kinnock.

So just why do people take out startlingly expensive short term loans? Because they benefit those who take them out perhaps?

Would you, in the current market, take out a 4 year, 123% loan to value, mortgage for $3,074, 239. Would anyone give you one?

Schadenfreude is the most glorious of human emotions.

It's very difficult indeed to see that any of the proposed climate change suggestions are economically efficient. Or even have their incentives correctly aligned.

Why world government is such an appalling idea.

And finally, yes, why not?