• November 2008
    M T W T F S S
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From the Highland Police Drugs Manual

Cannabis. Commonly grown by elderly ladies. Note the red fruit.

For the full story Click Here

Woolies – One Big Domino

I notice from The Times that Peter Mandelson has put pressure on Woolies’ bankers ( a subsiduary of Barclays) to be more patient about the situation. One can see the reasoning here. If Woolworths and its 30,000 jobs falls, then it will set a precedent and the domino effect will be given clearance for hundreds of similar retail basket cases (JJB et al) to fall in the new year.

The bottom line is though that Woolworths at the point its shares were suspended were worth only £18m whilst their debt was £385. The other point to consider is that if the government continue to intervene to help individual businesses it ceases to become a free market. What will the EU say? or is the EU fucked too? or will the EU have to radically revise its thinking on such things over the coming months and years?

They Say What they Mean in Bavaria

Thanks to Smiler for tipping me off (fnar! fnar!) about this Bavarian village.

Variations on a Theme