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It’s getting Biblical – apart from petrol prices!

It’s getting Biblical – apart from petrol prices!

If you look back at my Blog from 19th July, I made the point that amazing things had happened in the previous month. That list now looks like an aperitif compared to what’s happened in the last 3 weeks. When I finally am 64 years old (long way to go yet), my grandchildren will want to know where I was when all of this was happening :-

1.       Worst riots in the history of London.

2.       USA loses its AAA rating for the first time ever.

3.       FTSE100 loses more than 100 points for 4 days in a row.

4.       Petrol prices have gone down for the first time in a year??

Am I the only one that can see the irony of petrol prices going down just as people have started throwing petrol bombs at the police? And why doesn’t it pour down with rain when we need it? During any sporting or music event, you can guarantee the UK will be covered in a cloud of rain  that goes on for days and creates a mud bath for everyone to enjoy. I can envisage if the Capital had been covered in rain (as usual) over the last four days, nobody would be looting on the streets.

I did hear one very eloquent, but ill-informed,  local resident to Hackney blaming the rioting/looting on government cuts and taxes not being high enough for the rich? Where do we get these people from – are they bred in special laboratories? I can really imagine a group of hooded youths sitting around their den arguing the 50% tax rate isn’t high enough and the borrowing deficit should be tackled by increasing our public spending.

If they compacted the last 6 weeks into a film- it would be slammed by the critics as being unrealistic and too far-fetched. You really couldn’t make it up.

Regards
Matthew Durrant

By matthew on August 9, 2011


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