Tag Archives: Crash 2 : Why Has The Treasury Revoked Debt-Trading Sections Of A 1939 Act – Without Telling Parliament?

John Ward – Crash 2 : Why Has The Treasury Revoked Debt-Trading Sections Of A 1939 Act – Without Telling Parliament? – 29 May 2012

How a hidden order could be used to bankrupt the UK

Those of us who spend too much time watching government at its dirty work know the phrase ‘statutory instrument’, or SI, rather too well. Oddly enough, they are not tools for poking statues of eminent Conservatives. They are what has become more commonly known as legal instruments. New Labour of not entirely blessed memory passed 37,218 of them…usually as a means of getting something done about which they didn’t want a debate. Continue reading