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That Seventies Show
sillysam
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4-3-2009 11:46 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ac212d6e-b696-460e-8dad-8e3f36d6061f/64CAB462-A5E9-428A-9F5F-2F94D40076B2/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://corner.nationalreview.com/" href="http://corner.nationalreview.com/" style="font-size: 11px;">corner.nationalreview.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://corner.nationalreview.com/"> <P class=blog_text>In NR a couple of weeks back, I began a piece on the bailout/stimulus/whatever as follows:</p> <BLOCKQUOTE> <P><SPAN class=MSinsideitem>For Britons of a certain age, the defining moment of the pre-Thatcher years came in 1976 when the Chancellor of the Exchequer, Denis Healey, was forced to go cap in hand to the International Monetary Fund and seek a loan—just like any old president-for-life of one of those bankrupt banana republics dear old Bono is always urging debt relief for.</SPAN></P></BLOCKQUOTE> <P>Well, the Seventies are <A href="http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5101950/Britain-should-not-fear-asking-for-IMF-cash.html" target=_blank>back</A>:</p> <BLOCKQUOTE> <P>Britain should not be afraid or ashamed of taking money from the International Monetary Fund, a senior Cabinet minister has told the Daily Telegraph.</p> <P>Economists have warned that the UK's public finances are in such a bad state there is a real possibility that Britain will seek help from the fund.</P></BLOCKQUOTE> <P>A lot more of this to come. As a Seventies-minded reader of mine puts it: Mamma Mia, here we go again . . .</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/64CAB462-A5E9-428A-9F5F-2F94D40076B2/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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