Shock £4.3bn deficit - Markets in retreat after Britain posts first-ever January deficit

For the first time ever in history, the British government had to borrow in January to keep itself up to the gills in paper fiat crapola cash. Tax revenues are usually flush in January, because this is when higher-rate taxpayers have to hand over great lumps of cash to the evil bottom-feeding lampreys in the Inland Revenue, after filling in their tax returns.

Gordon Brown was expecting to make a pelf-profit of £2 billion pounds, in January. As this has now turned into a need to borrow £4.3 billion to feed all of his gasping tax parasites, this puts him immediately £6.3 billion into the red, in the first month of the year, which is the only month the British government has never borrowed in before.

I'm sorry, I'm going to have to have a Mogambo Guru moment:

Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha (tears) ha ha ha ha ha ha (bending over) ha ha ha ha ha ha heh heh (more tears) ha ha ha ha (wiping tears from eyes) ha ha heh heh ha ha heh heh (pause for breath) ha ha ha ha ha ha...heh heh heh

Thank you.

Gold. Silver. Oil. Are you still in the Pound? Are you mad? What are you waiting for? Just how bad does it have to get before you'll pull your finger out to save yourself?

You have been warned.

Gold. Silver. Oil.

Do it now.

UPDATE: Comment posted on article:
UPDATE II: Comment cut from article by Labourgraph apparatchik, but here it is anyway, revived from the memory hole:

Jack Maturin on February 18, 2010 at 10:58 PM

Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha (tears) ha ha ha ha ha ha (bending over) ha ha ha ha ha ha heh heh (more tears) ha ha ha ha (wiping tears from eyes) ha ha heh heh ha ha heh heh (pause for breath) ha ha ha ha ha ha...heh heh heh

Gold. Silver. Oil.

Get out of the Pound. Do it now.