Excellent post by Perry over at Samizdata; It starts with a wonderful quote;
Democracy is the theory that the common people know what they want, and deserve to get it good and hard
– H. L. Mencken
The best bit from the post is as follows;
“It hardly matters which of these lumps are in office. All the policies being bandied about are akin to rearranging the deck chairs on the Titanic and not only does *no* major political party have the will to implement a radical reduction in state expenditure and a massive reduction in the red tape that limit the scope for new market entrants in industry after industry, they all lack the will to even seriously discuss such notions.
When someone suggests a budget that has the state appropriating 20% less of the national wealth overall next financial year and the same the year after that, and allowing banks to simply go bust if they screw the pooch on an epic scale, well then and only then are they are getting serious… but until that happens, let the various party loyalists blather on about Dave and Nick as if it actually matters.
The Ponzi scheme has reached the ‘end game’ phase and the antics of the clowns in Westminster and their supporters are as important as a tinker’s damn. Britain and much of the western world have got the leaders they voted for and the ones they deserve. Drink wine, watch films, play games, meet friends, but only pay attention to politics for the entertainment value. It is not like politics is actually going to have much impact on where the economy is heading.”
Isn’t he right?