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Tuesday 28 September 2010

The saviour cometh.

No. I haven’t turned to religion I’m just feeling thoroughly pissed off over this.

The Bank of England’s deputy governor yesterday urged the country to go on a shopping spree to boost the fragile economy.

In an extraordinary move, Charles Bean said he wanted to see Britons ‘not saving more, but spending more’.


he said: ‘What we’re trying to do by our policy [low interest rates] is encourage more spending. Ideally, we’d like to see that in the form of more business spending but part of the mechanism that might encourage that is having more household spending. So, in the short-term, we want to see households not saving more, but spending more.’

Well Mr Bean, I’ve worked all my life in order to have a comfortable retirement and selfishly I want to keep my money. I’ve paid an extortionate amount of tax over all those years, so you’re not entitled to tell me what to do with my savings. After all with your quantative easing you devalued my savings in order to get you out of the hole you and the previous Government dug as it is.

So no Mr Bean, I shall not obey your orders to spend more for the good of the country. In a nutshell , get stuffed.

After all, when I snuff it, no doubt you’ll be round to my gaff for another sizeable wad.