...that the Bank of England is considering further Quantitative Easing. The last lot has already resulted in an increase in inflation which has still to be brought under control. We need high inflation like a whole in the head. It is to be hoped our bright young Chancellor will quash the Bank of England's idea in no uncertain manner. It is also to be hoped that in his speech to the Tory Conference Osborne will emphasise the need for and the benefits that come from free enterprise, competition and capitalism and indeed from low taxes. This message needs making time and time again.
...that the subsidy farm off the Thanet coast (a) exists at all and (b) is going to be increased to 340 windmills. Building nuclear power stations will not only be significantly cheaper but will provide electricity 24/7. If people so believe in wind power then let them build them windmills with their on money, not with mine. Why is there no current top flight politician in office who supports looking at global warming and renewable energy in the same common sense way as Lord Lawson? We should at least have waited to see the result over the next few years in the changes the movement of the jet stream and the sun spot activity will bring to our climate. Who knows perhaps these changes will bring global cooling (thought of as highly likely twenty or so years ago). Perhaps global cooling has already started - it was reported that -4 degree temperatures were recorded last night in two places in Scotland and that this made September the coldest for 30 years.
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