Last night the TPA's Director, Matthew Sinclair, appeared in a powerful Channel 4 documentary by Martin Durkin (of The Great Global Warming Swindle) about the state of the country's finances. Allister Heath, Editor of City AM and the chair of the 2020 Tax Commission that the TPA is in the process of establishing (we'll have more news on the Commission soon), also gave his views. This is how Channel 4 describe the programme: "Film maker Martin Durkin explains the full extent of the financial mess we are in: an estimated £4.8 trillion of national debt and counting. It's so big that even if every home in the UK was sold it wouldn't raise enough cash to pay it off. Durkin argues that to put Britain back on track we need to radically rethink the role of the state, stop politicians spending money in our name and introduce, among other measures, flat taxes to make Britain's economy boom again. This polemical film presented by Martin Durkin, brings economic theory to life and makes it hit home. It includes interviews with academics, economic experts, entrepreneurs, no less than four ex-Chancellors of the Exchequer and the biggest stack of £50 notes you'll never see." If you didn't catch it, you can watch it by CLICKING HERE. http://www.youtube.com/watch?v=iOsqBf5hDjI And do keep an eye out for our very own Debt Clock Truck! Durkin's film is polemical, but he is right, inflation and debt are going to impoverish us for generations. Worth watching tonight on Channel 4 at 9pm. Though it may give you nightmares...# Labels: debt Film maker Martin Durkin explains the full extent of the financial mess we are in: an estimated £4.8 trillion of national debt and counting. It's so big that even if every home in the UK was sold it wouldn't raise enough cash to pay it off. Durkin argues that to put Britain back on track we need to radically rethink the role of the state, stop politicians spending money in our name and introduce, among other measures, flat taxes to make Britain's economy boom again. This polemical film presented by Martin Durkin, brings economic theory to life and makes it hit home. It includes interviews with academics, economic experts, entrepreneurs, no less than four ex-Chancellors of the Exchequer and the biggest stack of £50 notes you'll never see. What's your opinion? Have your say below, or discuss on Twitter using #Trillion.Britain's Trillion Pound Horror Story
Britain's Trillion Pound Horror Story
Guido is watching a preview of film maker Martin Durkin's very accessible look at the economic situation we are in. As Ireland's political class mortgages future generations to keep the ECB and bondholders happy it explains the full extent of the financial mess the UK is in.Britain's Trillion Pound Horror Story
Essential viewing at 9pm tonight on C4.
The latest film by Martin "Great Climate Warming Swindle" Durkin is on one of BOM's core subjects - our huge national debt.
It's called Britain's Trillion Pound Horror Story, and the blurb says:"Film maker Martin Durkin explains the full extent of the financial mess we are in: an estimated £4.8 trillion of national debt and counting. It's so big that even if every home in the UK was sold it wouldn't raise enough cash to pay it off.
If it's anything like Durkin's climate film, it should be a rattling good view.
Durkin argues that to put Britain back on track we need to radically rethink the role of the state, stop politicians spending money in our name and introduce, among other measures, flat taxes to make Britain's economy boom again."
And yes, congratulations to C4 for giving us a rare prime time chance to hear just why we must stop politicians spending money in our name. Can't imagine the BBC ever doing that.
PS I presume we are going to have proper prosecutions and punishment for the screaming rabble who smashed up Millbank yesterday. We have stacks of video, and identification looks pretty straightforward. So no wimping - we need proper action against these people, including an end to any further taxpayer support for those convicted. We cannot have taxpayers robbed by violent mobs, and we need to make that clear right now.
Britain's Trillion Pound Horror StoryPROGRAMME NAVIGATION
Britain's Trillion Pound Horror Story
Thursday 11 November 2010
Durkin's the one on the left... physically, that is
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