Friday, 25 November 2011

Max puts the boot in Cameron's 'New Deal' for home-buyers

Keiser on form, critiques the UK government's interventionist delusions.

If, like me, you like Max and hate Monsanto, here's a report from back in January 2011.


Mark Wadsworth said...


What I have been complaining about for years is explicit and implicit subsidies to land 'owners', Cameron's bail out idea for home builders (i.e. land bankers) and banks is an explicit subsidy just makes it worse.

While my proposal to end the explicit subsidies has some support in some quarters, my proposal to end the implicit subsidies by taxing them and untaxing incomes and output has gone down like a cup of cold sick in most quarters.

Trooper Thompson said...

I did think of you Mark, during the discussion.

Single acts of tyranny said...

Two years ago they were moaning about reckless lending, now they are engaging in reckless lending, the very thing they thought was the source of the problem.

It is truly beyond satire.