THE LAST DITCH

Britain should not fear asking for IMF cash – Telegraph.

Can anyone doubt which "senior cabinet minister" is (directly or indirectly) being quoted below ?

The previous Labour Government's bail-out by the IMF in 1976 was seen as a national humiliation and helped sweep the party from power for 18 years.
A senior Cabinet minister said, however, that the new fund would not be like the 1970s version and should not be seen as such. He said there would be nothing wrong if America or Britain used the facility.
He said: "Previously a country would only go if they were in a very bad state. It was a bit like going to accident and emergency to get urgent help.
"This new facility will not be like that. It is a bit more like getting wellbeing care or even like going to a spa to recuperate."

Only Mandy would ever have had the mental image of the nation "going to a spa." Had we still Prescott, perhaps we would be going to a metaphorical massage parlour?

3 responses to “A national spa”

  1. Man in a Shed Avatar

    I believe he, Lord Mandelmort, was cornered into making a similar statement on Channel 4 news a few days ago.
    they have little choice. Its clear that there’s a limit to the money people will lend. There’s only so much they can print – especially with inflationary pressures now working through, that leaves the IMF.
    The fact they are trying to spin going to the IMF al;ready suggest things may be truly desperate and they will have to go before a general election.

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  2. trrob Avatar

    That’s very funny.

    Like

  3. casino bonus list Avatar

    this is making me laugh hard.

    Like

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Tom is a retired international lawyer. He was a partner in a City of London law firm and spent almost twenty years abroad serving clients from all over the world.

Returning to London on retirement in 2011, he was dismayed to discover how much liberty had been lost in the UK while he was away.

He’s a classical liberal (libertarian, if you must) who, like his illustrious namesake, considers that

“…government even in its best state is but a necessary evil; in its worst state an intolerable one.”

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