October 2017
M T W T F S S
« Sep    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

What is the point of Mervyn King?

The Governor of the Bank of England, the overpaid and underperforming Mervyn King, has just made his latest wise pronouncement stating that in a couple of years it’s “about as likely that inflation will be above the target as below it”. I could have told you that, without King’s huge salary and enormous taxpayer-funded pension. This buffoon failed to spot the largest financial crisis for a century, failed to understand what was happening, failed to take any effective action, failed to perform his key role of keeping inflation at around 2% and now is completely clueless about pretty much everything.

So he’s perfectly qualified to hold a leading government job just like so many of the other fools who got Britain into its current mess and who will all retire with multi-millionaire pensions that we will have to pay for.

Comments are closed.