Wednesday 3 August 2011

Oh yeah?

From the Guardian yesterday: "Greek austerity plan will work, says OECD ... A leading economic thinktank has backed the embattled Greek government by predicting that the country's hugely unpopular austerity measures will work."

From Private Eye yesterday: "The financial affairs of Greece seem to be in a state of hopeless bankruptcy ... The expenses of the court and government, the carelessness of officials, and the non-receipt of the taxes, have added to the embarassment of the exchequer... "

Their quote is taken from Chambers Encyclopedia, Vol 5, 1868.

George Santayana, who famously wrote: "Those who cannot remember the past are condemned to repeat it", would have enjoyed that.

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