Friday, April 03, 2009
It's IMF Comedy GOLD!!
Britain should not fear asking for IMF cash
Britain should not be afraid or ashamed of taking money from the International Monetary Fund, a senior Cabinet minister has told the Daily Telegraph.
The previous Labour Government's bail-out by the IMF in 1976 was seen as a national humiliation and helped sweep the party from power for 18 years.
A senior Cabinet minister said, however, that the new fund would not be like the 1970s version and should not be seen as such. He said there would be nothing wrong if America or Britain used the facility.
He said: "Previously a country would only go if they were in a very bad state. It was a bit like going to accident and emergency to get urgent help.
Hmmm, now let me guess, which senior British Cabinet Minister could that possibly be?
The time to start stocking up on sacks of dogfood and matches is close at hand...