A Battalion of SpinnersThe MOD isn’t having a good day. They are rightly being hounded after news emerged that thirty eight soldiers had been sacked by email, Andrew Neil asked Patrick Mercer on the Daily Politics “Is the MOD run by a bunch of numpties?” There was an awkward laugh and a notable pause before the denial.As troop numbers are being slashed, who is responsible for mopping up these PR disasters? Well according to research by Think Defence, a battalion of spinners. They conclude that there are 697 personnel from both the military and civil service engaged in MoD spinning. Perhaps Fox should look again at where the axe is falling. Maybe send them an email.

A Battalion of Spinners

The MOD isn’t having a good day. They are rightly being hounded after news emerged that thirty eight soldiers had been sacked by email, Andrew Neil asked Patrick Mercer on the Daily Politics “Is the MOD run by a bunch of numpties?” There was an awkward laugh and a notable pause before the denial.

As troop numbers are being slashed, who is responsible for mopping up these PR disasters? Well according to research by Think Defence, a battalion of spinners. They conclude that there are 697 personnel from both the military and civil service engaged in MoD spinning. Perhaps Fox should look again at where the axe is falling. Maybe send them an email.

+ + + RPI 5.1% Shoppers Feel the Squeeze + + +" CPI 4% Inflation – Double Bank of England Target + + +
+ + + RPI 5.1% Shoppers Feel the Squeeze + + +

So have you stocked up on beans or gold yet? Have you taken Guido’sadvice?

Inflation is always and everywhere a monetary phenomenon, if we don’t figure out a way to exit QE we will inevitably suffer double digit inflation. This is not an accident, it is, as the Chinese have pointed out, the deliberate intention of policymakers in Washington and London to inflate away their debts. The cost of that policy will fall hardest on savers and pensioners who will be the collateral damage of this policy. It is entirely cynical of Mervyn King and Ben Bernanke to scaremonger by talking of a bogus threat of deflation…