Sunday, 6 April 2008

Fool's Gold.

From the 1st April 2008 Lords Hansard, "Lord Forsyth of Drumlean: My Lords, on the subject of fool’s gold, can the Minister tell us how much less the deficit would be had the then Chancellor not sold our gold reserves at the bottom of the market? Can he also explain how this country, uniquely, has allowed borrowing to increase during the good times while our competitor nations have used the good times to reduce borrowing and are therefore better placed to deal with the current economic turbulence?"

Any tenuous connection will do with 1st April, but a serious question nonetheless.

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