Cuts have been particularly drastic over the last year with respect to services, including in eduction: teachers have been let go, schools have been cut and support staff, including security, have been fired ( you might remember my reaction to the cuts at our school).

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So as I tell my friends, if you remember anything about this conversation, you will have a different brain than you started out with before the conversation.

CNN: A Nobel Prize with help from sea slugs

For those who have persevered with my blog since its inception four and a half years ago, you'll remember me banging on and on about the huge tax breaks for private equity firms for much of 2007.

BBC: The financial lessons of Southern Cross