The Curmudgeon


Thursday, August 19, 2010

If You Start Your Own Business, We'll Be Right Behind You

As we await the healing injection of consumer confidence that will accompany Daveybloke's cuddly removal from employment of some hundreds of thousands of people whose benefits will then be cut, the banks are still doing their bit for the double-dip recession by refusing to lend money. It appears that large businesses are paying back their loans, which means that the banks have so little ready cash on hand that they are unable to lend to smaller businesses except at exorbitant rates of interest. Unfortunately, smaller businesses tend to lack the necessary uxoral resources to save money by keeping wives in Monaco; otherwise, of course, they would be large businesses too. A Liberal Democrat treasury spokesbeing made the usual noises about the undesirability of the situation, and the usual lack of noise about what might be done. Compulsion, it seems, is still strictly for the little people.


  • At 1:30 am , Blogger Giovanni Tiso said...

    "Double-dip recession", "uxoral resources" - bravo sir.

  • At 1:50 am , Blogger Philip said...

    Thanks, but "double-dip recession" is not original with me. Fittingly, such recessions are Dubya-shaped. With this lot in charge, no doubt we can look forward to shch-recessions, after the still more encouragingly-shaped Cyrillic Щ.

  • At 2:40 am , Blogger Paul said...

    Keeping a wife offshore for tax purposes shows a commitment to greed above and beyond that of his peers. I do hope she runs off with the money and the chambermaid.


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