Philip Carlion: It may not entirely have slipped your notice, gentlemen, that today - Thursday 26th of July - the people of this country have declared war on us. This whole discussion may already be obsolete. Before the year's out, we may all be living in the West Indies on such capital as we've been able to muster from the expropriation of our resources that the socialists have been elected to effect. The ship is sinking, gentlemen. That's water round your ankles.