Tory PPC: "It is about time we had a recession"
It is refreshing to be able to write something about Jacob Rees-Mogg which isn’t describing some idiotic gaffe.
Previously, he’s plagiarised the Sun, misappropriated council resources and claimed his house adjacent to Hyde Park makes him a local Somerset bloke. (See here for the list)
This time though, it’s worth exposing a more malicious side to who we usually dismiss as a comedy Tory.
BBC News ran a story at the beginning of the month (here), and a follow up story last week (here), on the price of gold, which explained that:
The precious metal reached a record high of more than $1,065 an ounce on Tuesday morning.
This is incredibly good news for the Tory PPC for North-East Somerset. In an interview with MoneyWeek, he said:
“The notes you take out of your pocket are worthless. Gold isn’t, though: it has rarity and it’s a store of value.”
Then he was asked if he had any specific tips, and told his chums:
Yes: buy gold. I keep a gold stock in all of my portfolios and think that they are still offering attractive value.
Looks like Rees-Mogg is (even further) in the money!

McRees-Mogg: Hooray for all my gold!
The most telling thing you will ever read about Jacob Rees-Mogg, more than all the gaffe, bloopers and mistakes he will ever make, is this response:
The strongest argument for gloom in the near future is that we have had 12 years of continuous growth and that has never happened before, so it is about time we had a recession.
Did you catch that? Read it again.
We need a recession because gold keeps its value, and I’ve got loads of it!
It says a lot about the Tory Party and how much they have / haven’t changed that they’re willing to let this man anywhere near Parliament.
You can see him now, with his notional constituents, talking about how he’s just like them trying to do everything he can in tough economic times, but really thinking about his lovely stacks of increasingly valuable gold, thanks to a recession he’d been waiting 12 years for.



November 27th, 2009 at 11:53 am
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