Sunday 29 March 2009

Humshaugh and Wall Annual Lunch - Understanding a Quadrillion

To Humshaugh for the famous lunch that people literally drive 50 + miles to come to; it is an instituion based on wonderful people, a slick organisation and the best puddings in the County. No wonder fans from Newcastle, Tynemouth, Durham and beyond make the trek north of Hexham! Peter Atkinson MP spoke really well about the Government's troubles and what David Cameron is doing - both to high light the weakness of the government's position and the real alternative that we propose. His best line was the comment that in the old days a million was lot of money, then a billion; now a trillion is not so much apparently and the government are talking in quadrillions, whatever that may be! One cannot help wondering if the government are turning the pound into lire as the currency continues to cumble? On any interpretation government borrowing is not what it used to be.