Showing posts with label the economy is a very bizarre thing. Show all posts
Showing posts with label the economy is a very bizarre thing. Show all posts

Tuesday, 21 October 2008

In case you missed it earlier...

...the 'King of Viagra' has been jailed for fraud.

There are a number of aspects I like about this story:

  • a bad guy has been jailed;
  • a doctor has been found guilty of flogging paint-covered placebos...;
  • ... to numerous Americans, hampering their chances of procreation and limiting population growth (thus in many ways providing a valuable public service);
  • From further research, I understand the fakes were sold at £10-£15 a pop, which suggests the chap has only managed to flog in the region of 10,000 of the things, which strikes me as being a bit inept;
  • It particularly tickles me that, despite the victims being located across the globe, the proceeds of crime will benefit the UK.

The last point suggests to me that, rather than jailing this chap at the present time, it would have been far more beneficial for him to be allowed to continue his fraud, in fact, perhaps being coached in the art, making greater profits before being apprehended and reaping greater rewards for the rest of us from the proceeds of crime. Of course, none of this will actually make any difference to my tax bill (or yours, for that matter), but I (rather cynically) find it heartening to think that this chap has unwittingly brought cash into the UK economy which might keep a few consultants in work for a few more months.

Incidentally, acquaintances inform me that the public sector is spending on consultancy like there's no tomorrow. This is largely because, as far as they're concerned, there is no tomorrow and all budgets will be slashed. But meanwhile public sector consultancy is booming. Its a funny old ecomony...

In other news, I am immensely pleased to report the recent production of several solid sh*ts. I cannot begin to describe how proud I am of them. (So pleased was I, I had to restrain myself from taking pictures...)