The Great Recession Cage Match Rudd's tactic : Give out cash prizes to the grateful punters. (Hope nobody notices that the cupboard is now bare) Klaus' game plan : Treat it like flu: let it go through. (If you don't cure it, it takes 7 days. If you do, it takes a week) Quick quiz: Which of these is good management and which is good politics? On 19 February 2009 Vaclev Klaus, the President of the Czech Republic (not to be confused with his predecessor , as I have done, Vaclev Havel), addressed the European Parliament (Lid dip to Eric Falkenstein ). Here is the text of his speech . In amongst the many gems in this magnificent speech, which touches on the excessive restrictions on freedom and the absence of true democracy in the European Union, there is this: . ... the present economic system of the EU is a system of a suppressed market, a system of a permanently strengthening centrally controlled economy . Although history has more than clearly proven that this is a dead e...
Stirring grist, grizzle and gore to flavour the stew.