Einsteins Definition Of Insanity

Posted on June 16, 2012 by Tony Dean Rant On UK!

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Albert Einstein Plans to pump up to 140 billion into banks to get them lending to industry, small businesses and personal use, is fraught with the same result as the two quantitative easings we have already seen which resulted in no loans for anybody, whether industry or personal. We had quantitative easing in October 2011 of 75 billion and then again in February 2012 of another 50 billion. The result? Nothing! No growth in the economy, no great amount of jobs for our young unemployed, no loans to industry for expansion capital, just quiet stagnation all round. Now this new quantitative easing of a proposed 140 billion and for the third time, it will not work. Albert Einstein said his definition of Insanity was:Doing the same thing over and over again and expecting different results. Right on, Albert! The only way to create jobs growth and for industry and small business to thrive is when every living person in Britain has got money in their pockets it really is has simple as that! If no one is buying, where does the business growth come from? I sent an email to every member of parliament some time ago stating that the best way to create growth in Britain was to give everybody on the electoral register (thats 43 million people) a cheque in the post from the treasury for a quarter of a million pounds with the instruction to go out and spend it in Britain and on British made goods and services. There would be no empty shops blighting our high streets, no kids straight from school unemployed, growth would be meteoric and sustained. Many people getting their cheque would get together with others to start businesses

because there are people out there with disposable income, empty shops would be snapped up, likewise small warehouses and factory units. The gold rush would be on! But do the toffs listen?