Ad Gloriam Dei

"Therefore, whether you eat or drink, or whatever you do, do all to the glory of God." - 1 Corintians 10:31

"Let us pursue the things which make for peace and those by which one may edify another"- Romans 14:19

"As iron sharpens iron, so a man sharpens the countenance of his friend." - Proverbs 27:17

Tuesday, May 20, 2008

Trichet Proposes an Alternative

Jean-Claude Trichet disagrees with Soros that central banks should explictily control house prices, but he and others propose a plausible alternative. See here.

If only either plan had been implemented instead of trusting the greed of the few over the needs of the many! Talk about closing the barn door after the horse has bolted!

The biggest thing that Gordon could do to reduce is to cut the cost of fuel by reducing tax. 85% of our petrol costs is tax!

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