In today's Telegraph
Niall Ferguson argues that Bush & Cheney will attack Iran's nuclear facilities with missiles out of anger at Congressional disloyalty and to show Congressmen they are still in charge.Max Hastings says that the British working in Iraq hate the Americans more than anyone else.
Finally the Telegraph's editorial seems as if it might have been written by the new editor to be [in fact it might have been written by her - see comments]. It argues that
"They are assured that interest rates are at a 40-year low; but their mortgage keeps going up."
What do they mean here? That [long-term] interest rates aren't at a 40-year low? Is it an argument about 'real' interest rates? Or are they complaining about profiteering by the banks and building societies - are they suggesting they are not passing on the low interest rates? It makes absolutely no sense at all.
posted by Matthew @ 3/12/2006 06:30:00 PM
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