Tag Archives: JOhn Prescott

Next batch of Peers

Published by No 10 Downing Street  28 May 2010

Peerages, honours and appointments

Number 10 door: PA copyright

The previous Prime Minister (the Rt Hon Gordon Brown MP) undertook a process to recommend to the Queen new party-political life peerages. This consisted of working peers from each party and, as is customary at the end of a Parliament, a dissolution list for former MPs.

The Queen has been graciously pleased to signify Her intention of conferring Peerages of the United Kingdom for Life upon the undermentioned:

Working Peers List

Conservative Party

  • Guy Vaughan Black – former Director Press Complaints Commission, Executive Director Telegraph Media Group
  • Dame Margaret Eaton OBE – Chairman of Local Government Association
  • Edward Peter Lawless Faulks QC – barrister, leading practitioner, crime and personal injuries practice
  • John Gardiner – Deputy Chief Executive of Countryside Alliance
  • Helen Margaret Newlove – campaigner against anti-social behaviour
  • Dolar Amarshi Popat – businessman, Chief Executive of TLC Group, specialising  in healthcare and hospitality
  • Shireen Olive Ritchie – Local Government Councillor, specialises in areas of adult and children’s social care
  • Deborah Stedman-Scott OBE, DL, FRSA – Chief Executive of Tomorrow’s People, national employment charity working in deprived areas of UK
  • Nat Wei – founder of Teach First and also a founder of Future Leaders
  • Hon Simon Adam Wolfson – Chief Executive of NEXT plc

Liberal Democrat Party

  • Floella Benjamin OBE DL – actor, presenter and campaigner for children’s issues
  • Mike German OBE AM – former Deputy First Minister (Wales)
  • Meral Hussein Ece OBE – Local Government Councillor in Islington, advocate of equality issues
  • Sir Kenneth (Ken) Macdonald QC – former Director of Public Prosecutions
  • Kathryn (Kate) Jane Parminter – former Chief Executive of Campaign to Protect Rural England
  • John Shipley OBE – leading Local Government Councillor in Newcastle upon Tyne

Labour Party

  • Sir Jeremy Hugh Beecham DL – senior figure in English local government and first Chairman of the Local Government Association
  • Rt Hon Paul Boateng – former Government Minister and MP for Brent South
  • Rita Margaret Donaghy CBE – former Chair Conciliation and Arbitration Service
  • Jeannie Drake – former Deputy General Secretary of the Communication Workers Union
  • Dr Dianne Hayter – Chair of Legal Services Consumer Panel
  • Anna Healy – former Government and political adviser, serving in numerous government departments
  • Roy Kennedy – Labour Party’s Director of Finance and Compliance, long serving member of the Labour Party
  • Rt Hon Helen Lawrie Liddell – former Secretary State of Scotland
  • Roger John Liddle – former Special Adviser on Europe
  • Rt Hon Dr Jack Wilson McConnell – former First Minister of Scotland
  • John Stephen Monks – General Secretary, European Trades Union Confederation
  • Sue Nye – former Director of Government Relations, Prime Minister’s Office
  • Maeve Sherlock OBE – former Chief Executive of the Refugee Council and Former Special Advisor to Chancellor
  • Robert Wilfrid (Wilf) Stevenson – former Director of the Smith Institute and Special Adviser to the PM
  • Margaret Wheeler MBE – Director of Organisation and Staff Development for the public service union UNISON
  • Michael Williams – former Special Adviser on Foreign Affairs

Dissolution List

Conservative party

  • Timothy Eric Boswell – former Whip and Parliamentary Secretary at the Ministry of Agriculture, Fisheries and Food
  • Angela Frances Browning – former Parliamentary Secretary at the Ministry of Agriculture, Fisheries and Food
  • Rt Hon John Selwyn Gummer – former Minister for Agriculture, Fisheries and Food, and held other senior posts in government and opposition
  • Rt Hon Michael Howard QC – former Home Secretary, and held other senior posts in government and opposition
  • John Craddock Maples – former Economic Secretary, and held other senior posts in government and opposition
  • Sir Michael Spicer – former Government Minister for Housing and Chairman of Parliamentary and Scientific Committee

Liberal Democrat Party

  • Richard Allan – former MP for Sheffield Hallam and Chair of the Information Select Committee
  • Matthew Owen John Taylor – former MP for Truro and St Austell, Chair of National Housing Federation
  • George Philip (Phil) Willis – former MP for Harrogate and Knaresborough, Former Chair of Science and Technology Select Committee

Labour Party

  • Rt Hon Hillary Jane Armstrong – former Chancellor of the Duchy of Lancaster and Minister for Social Exclusion, and held other senior posts in government
  • Rt Hon Desmond (Des) Henry Browne – former Secretary of State for Defence and held other senior posts in government
  • Quentin Davies – former Government Minister, Defence
  • Rt Hon Beverley Hughes – former Minister of State, Children, Schools and Families
  • Rt Hon John Hutton – former Secretary of State for Business, and held other senior posts in government
  • Rt Hon James (Jim) Philip Knight, Former Minister of State
  • Rt Hon Tommy McAvoy – former Government Deputy Chief Whip
  • Rt Hon John McFall – former Chair of Treasury Select Committee and MP for West Dunbartonshire
  • Rt Hon John Leslie Prescott – former Deputy Prime Minister and First Secretary of State, and held other senior posts in government
  • Rt Hon Dr John Reid – former Home Secretary, and held other senior posts in government
  • Rt Hon Angela Evans Smith – former Minister of State, Cabinet Office
  • Rt  Hon James Donnelly (Don) Touhig – former Parliamentary under Secretary of State (Minister for Veterans), Ministry of Defence
  • Rt Hon Michael David Wills – former Minister of State, Ministry of Justice

Democratic Unionist Party

  • Rt Hon Ian R K Paisley – former First Minister and DUP Leader

Crossbenchers

The Queen has also been graciously pleased to signify Her intention of conferring a Peerage of the United Kingdom for Life upon Sir Ian Blair, Former Commissioner of the Metropolitan Police.

Knighthoods

The Queen has also been graciously pleased to signify Her intention of conferring a Knight Bachelor upon the undermentioned:

  • Rt Hon (Trevor) Keith Hill – former Minister of State, ODPM and held other posts in government
  • Mr William (Bill) O’Brien – former MP for Normanton 1983-2005
  • Rt Hon Ian McCartney – former Minister of State, FCO and DTI and held other senior posts in government

Privy Council Appointments

The Queen has also been graciously pleased to approve that the undermentioned be sworn of Her Majesty’s most honourable Privy Council:

  • Dominic Grieve QC MP – Attorney-General
  • Greg Clark MP – Minister of State, Department of Communities and Local Government
  • Alan Duncan MP – Minister of State, Department for International Development
  • Chris Grayling MP – Minister of State, Department of Work and Pensions
  • Nick Herbert MP – Minister of State, Ministry of Justice and the Home Office
  • Baroness Neville-Jones of Hutton Roof DCMG – Minister of State, Home Office
  • Grant Shapps MP – Minister of State, Department of Communities and Local Government
  • Theresa Villiers MP – Minister of State, Department for Transport
  • David Willetts MP – Minister of State, Department for Business, Innovation and Skills
  • David Mundell MP – Parliamentary Under Secretary of State, Scotland Office
  • John Randall MP – Deputy Chief Whip (Treasurer of Her Majesty’s Household)
  • Mark Francois MP – Government Whip (Vice Chamberlain of Her Majesty’s Household)
  • Nigel Dodds OBE MP 
  • Joan Ruddock MP
  • Baron West of Spithead GCB
  • Carwyn Jones – First Minister for Wales
  • Alex Fergusson MSP

Friday October 2nd 2009

  • Ethiopia has suddenly become the focus for all anthropologists. An ancient  skeleton was found in 1992 and it has taken 17 years for the research team to rebuild it. Why all the excitement? The skeleton belongs to an in-between species of humanoid about 4.4 million years old. It has been designated Ardipithecus Ramidus. It is not “the missing link” but by extrapolation, it appears that it is probably about 9 million years since the division between apes and humans. So where was John Prescott this week?
  • The East of England Minister Barbara Follett is to stand-down from Parliament. She is (was) Minister for Culture, Creative Industries and Tourism. Her reasons for leaving? Yes, it’s the old chestnut: “For family reasons – to spend more time with my family”. Heard her name before? She’s the MP who claimed £500 to repair a Chinese rug ( don’t we all?) and she also claimed £25,000 “for security reasons”. She has since repaid all of the money. So how could she afford to sign such a large cheque? Her husband is millionaire pulp fiction writer, Ken Follett. Barbara and Ken epitomise the “champagne socialist” and are chums of Tony and Cherie Blair.
  • Jobs for the boys. Former Northern Rock boss, Adam Applegarth is now an advisor to Apollo Management. They are an American Equity firm. Adam is advising them on the purchase of bad loans, including parts of Northern Rock bank, the former Building Society he brought to its knees. Perhaps a touch ironic but perfectly legal. He will earn about 200,000 per year which is a lot more than the thousands of people who lost their jobs at Northern Rock. It’s all very worrying.
  • Today, Ireland will vote in favour of the Treaty of Lisbon. It’s their second attempt. The Irish economy is currently in such an appalling state that they appear to have little choice. However, if they do not support the Treaty, then it’s curtains for the Treaty.
  • The International Monetary Fund (IMF) is predicting that the British economy will grow by 0.9% next year. That’s about four times the current politicians’ prediction. House prices have returned to their pre-crunch 2008 levels, the FTSE 100 index is UP. As one of the few people who predicted nationalisation of the banks, I am still not sure whether to put the Bolly on ice just yet.
  • Vanessa George, Colin Blanchard and Angela Allen. They are the three baby-abusing perverts who are spread all over the newspapers today. Angela Allen is the one from Little Ted’s Day Nursery in Plymouth. She photographed herself sexually abusing babies as young as 12 months. Whichever prison they end up in, they are guaranteed some very close attention from other inmates. The burglars, drug dealers, fraudsters etc look almost honourable professionals next to these degenerates. I do hope that the other prisoners are not too gentle with them.

Thursday October 1st 2009

  • A survey has just been published of the world’s top  Broadband Countries – taking into account speed etc. The United Kingdom is languishing in 25th place. The top country? South Korea. Is this another indicator of the rise of the East and the slow eclipse of the West?. 

  • The Daily Mirror has adjusted its reportage of the Tories today – presumably in response to the Sun’s decision to back the Tories. It’s going to be a right mess leading up to the election. The gloves are off

  • BAE systems is about to be prosecuted for dishing out hundreds of millions in bribes. You may recall that when Tony Blair was in charge , there was a bit of a bribery scandal  involving Saudi Arabia, but as they say – all charges were dropped. There is one thing that both our Government and Judicial System would do well to remember and that is that greasing the cogs of commerce through the medium of bribery is normal in many countries – especially hot ones. Many years ago, I sold a yacht for a $1million to an Arab Prince and we shook hands on the deal and arranged to complete the paperwork the following day. That night , my phone rang. It was the Prince’s “Private secretary and advisor”. This is what he said: “Although the Prince is a very rich man, alas he is not a generous man. You will also understand that he always seeks my counsel and almost always heeds my advice. I have yet to advise him as to whether he should complete this purchase – but I am sure that we can come to some sort of arrangement.”  I was outraged! I told him that I did not make a practice of dishing out bribes and that I would report our conversation to the Prince. I never saw the Prince again. Some time later I realised that the Prince had probably been sitting next to his Secretary when he had made the call and it was probably his way of getting a few thousand off the price. I also recall another yacht-owning Middle Eastern client. Whenever we presented him with an invoice, I would ask the staff to make sure that it was itemised and added-up wrongly, but in his favour. Usually by either £50 or £100. Before handing over a wad of cash, he would add-up the bill himself, realise that it was incorrect , say ” Yes, that appears to be in order”  and pay. He was happy and I was happy but more importantly, honour had been satisfied, he had won a little victory and he always came back to us because he enjoyed our little game. We should NOT always be so po-faced about the way that other nationals  do business. It may not be pretty but it works.
  • Is it really the end of the Labour Party Conference? Thank You, God. Harriett Harman is not too chuffed about the Sun’s decision to support the Tories. She said: “Let’s face it, the nearest their political analysis gets to women’s rights is Page 3’s news in briefs.”  It’s only a matter of time before Harriet gets the call from Hugh Hefner.
  • At the Labour Conference yesterday, the jurassic Tony Woodley, leader of UNITE, was cheered when he tore up a copy of the Sun. One presumes that he had looked at the pictures first. He said: “I suggest the rest of the country should do exactly the same thing”. Labour should persuade more progressives such as Tony Woodley to give voice to their views – that way they’re absolutely GUARANTEED to lose not only the next election but several after that. During Tony Blair’s tenure these Brylcreemed 50s throwbacks used to be kept in a darkened room or padded box until after Conference. A dignified silence without even a platform-mention of the Sun would have been far more powerful.

  • Financial Analysts seem to be confusing the state of the FTSE 100 with the British Economy. The fact is that many of the billions invested in the Stock Exchange consists of foreign money. That’s where many of the profits are going – abroad. Instead of flying to Monaco to play the tables at the Casino, many foreigner “investors” are winning lots in the Casino that is the London Stock Exchange.

  • The FTSE 100 has experienced its biggest quarterly rise in 25 years. Once again, this  is being hailed as some sort of success. It simply means that lots of bets have been placed. The punters will be taking their profits soon. Then the Government can once again blame the bankers. Let’s hope that they don’t break the bank again.

  • Politicians are always saying that it is the Pension Funds and Insurance Companies  own most of the assets traded on the Stock Exchange. In fact, between them, they only own about 25%

  • Today the national minimum wage rises by 7p an hour to £5.80 and for 18 to 21-year-olds, the minimum wage increases by 6p to £4.83 per hour. This is also the day when the government legislation on “tips” has changed. From today it illegal for bars, restaurants and hotels to use tips or service charges to make up a minimum salary. That is all very well but in the grand scheme of things, it is a comparatively trivial matter and possibly not a terribly cost-efficient move by the Government. Especially as the Government has already conceded that the changes governing tips will lead to an estimated £60m in extra costs to ensure the legislation is implemented properly. The new code will also lead to higher National Insurance payments. This is an inflationarymove because bars , restaurants etc will simply “up” their prices to maintain their margins. The British Hospitality Association (BHA) estimates the new rules could lead to an additional £130m in costs and up to  5,000 job losses. There are those of course who feel that a tip should be a customer’s expression of appreciation for good service and should not be used by an employer to bring wages up to the minimum. Mind you, both the Federation of Small Businesses and UNITE are both in favour of the changes. The only people who will be really affected are the tippers and the tipees. The customer tippers will experience increased prices and the waiter tippees may suffer up to an estimated 5000 job losses. There is a saying: ” If it ain’t broken – don’t fix it.” Needless to say, one of the few groups who will not be affected is Politicians. You may have heard that when they eat out or stay in hotels – it tends to be on expenses. 

  •  

Sunday September 27th 2009

  • Just down the road in Brighton THEY are arriving for the Labour Party Conference – or should that be the New Labour Party Conference. Did we elect Labour or NEW LABOUR? Anyway, that’s  now just a technicality or a long-forgotten dream of how things could or might have been. Here’s a Labour FACT, given to me by a friend who used to be Chief Barman at the Grand Hotel. More Champagne is consumed at the Labour Party Conference than at all other conferences and he told me stories of vintage Champers being quaffed  – not from a young lady’s glass slipper but from PINT jugs. If I recall correctly, that particular incident involved a gang (?) of Trade Unionists. Now THAT’S Socialism.

  • You know things are bad within the Labour Party when John Prescott begins to look like a Statesman (comparatively speaking). When Johno was Deputy Prime Minister, he used to deliver those grammar-free rabble-rousing “calls to arms” which could have been such fun if we’d understood what he was talking about. This year it’s Harriet’s turn and it won’t be the same. It will be the difference between a drug-crazed, alcohol-fuelled multi-position shagfest anddoingitquietly, Missionary-style with the lights out.

  • Gordon Brown is to introduce a law which is currentl;y being referred-to as the Fiscal Responsibility Act (FSA) (running out of ideas,perhaps?).The Act will oblige all future Governments to reduce the country’s borrowing by a set minimum amount. Needless to say, the amount and timescale are yet to be decided – probably a commission or enquiry… So what will happen if a Government fails to repay the minimum amount in a given year? A fine? Arrests? I suggest firing squads.

  • The Labour spin doctors have decided that David Cameron will be portrayed as a shallow toff – a script and autocue-reading “hooray”. Normally, that would upset the Tories but then they remembered the alternative.

  • Quote from Gordon Brown: “By 2015 we want our country to be fairer, greener, more prosperous and democratic.”  Seems to me that we have several Labour admissions in that sentence.

  • Lord “Darth” Mandelson has referred to David Cameron as “hugely arrogant”. Not really much more to say on that one.

  • Mandelson has said that he believes that the forthcoming election is “up for grabs”. Yes it is – by the Tories.

  • Great interview in the Sunday Mirror today. Vincent Ross interviews Mandelson and re-defines the phrase “butt-kisser”. Perhaps a spin-job awaits at No.10?

  • Iran is launching missiles today. So, they have missiles and they’re developing the capacity to stick nuclear warheads at the missiles’ sharp-end. I am now off to have another “No shit, Sherlock” moment. I shall report when I’ve worked it all out.

  • Why are the authorities making such heavy-weather of Baroness Scotland and “CLEANERGATE”. If they announced an amnesty for all illegals, they would have to hire at least one Wembley Stadium to fit them all into. Leave the Baroness and her cleaner alone. Is it because she’s clever, female, attractive and black? Mind you, she is Labour. See what you mean.

  • Ken Livingston has just married. At London Zoo. There are some things which are way, way beyond parody.

  • “I want this so badly” “It’s been a great journey for me” “Singing is my life” ” I’m doing this for my (sob) brother/mother/ sister etc”  and ” I’m sure he’s looking down on me” The last one is about Simon Cowell. He’s not dead – just incredibly condescending.

  • Great quote from Strictly Come Dancing’s Brendan “Shagger” Cole on Jo Wood. ” One of Jo’s big strengths is that she’s alive.”Considering how long she lived with Ronnie Wood- it has to be worth a mention and maybe a box of chocolates. We all hope that Ronnie Wood is reunited with Jo as soon as possible-he is currently risking his life. Some of those Russian girls will do anything for a bowl of Borsch and clean sheets. Anything.

  • In 2008, the NHS collected £112 million in parking charges. With such figures, perhaps the NHS should concentrate on parking and stop the healing and surgery  activities which probably distract them from where the REAL profits are. Perhaps a joint-venture with NCP beckons? Worryingly, £28 million was collected from its own staff. It’s a great wheeze. Tax the sick, tax their families and tax those who look after them. Who helped with the Business Model? Gordon Brown?

Saturday September 26th 2009

  • The  American Fed has issued the following statement:   To provide support to mortgage lending and housing markets, and to improve overall conditions in private credit markets, the Federal Reserve will purchase a total of $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt.”  Now we can watch the demise of the once-mighty American Dollar. Fund Managers and Investors will now start dumping dollars like confetti. A TRILLION is a million millions and in this case, it represents more Quantitative Easing or to be strictly accurate, the purchase of toxic assets with “printed”  i.e non-existent money. The sort that caused the global banking meltdown. This is a case of throwing bad money after bad.

  • President Obama has announced tough new capital requirements for banks as well as more stringent rules on bank borrowings. If you were to ask what these rules are likely to be or when they are to be implemented, the answer would probably be “We haven’t really decided but it will definitely happen later.”  They are saying that  the rules will be phased-in once financial conditions improve and recovery is “assured”. Leaders have been discussing a cap on bank bonuses for a while  but they still haven’t agreed any numbers or timescale. The only thing that they have agreed is that bonus payments should not be guaranteed for many years, should be deferred in part and should not exceed a percentage of the bank’s revenue. That is how vague it is at the moment. When the global economy has healed itself and both governments and banks return to generating profits, most of this will be forgotten because by then, the balance of power will, once again have shifted back towards the banks and the next boom-bust cycle will begin.

  • The least entrepreneurial profession of all is banking. There is a vastly different mental attitude between say, an entrepreneur such as Richard Branson and say, MervynKing, the Governor of the Bank of England. That rule works all the way down the line until we have the small local businessman and the small-town banker. Chalk and Cheeze. Incidentally, when I say “entrepreneurial” – I am referring to people who take risks with their own assets.  Just to reinforce the cultural difference – bankers will gladly take risks with other people’s money – especially in very large amounts – as evidenced by the cause of the current Global Banking crisis. However, when a local business goes to its local bank in order to borrow say £20,000 to purchase a machine, lots of fiery hoops are assembled for the business to jump through, fees are charged, personal guarantees are demanded, forms need to be filled out, cash flows and business plans are sought . So when a  small businessman goes to his bank – the MOST likely answer (especially nowadays) in “NO”.  Perhaps unknowingly, the banking profession is not-only killing itself but it is also slow-strangling the business community. The banker chose to work in a bank because he didn’t want the worry of not having a pay cheque at the end of the month, he did not want to work a 16-hour day and he didn’t want to cold-call  people in order to drive his business forward. What he needed from his life was predictability, order, neatness and a company pension. This is the paradox: The banking profession has managed to evolve itself into something which it was not designed to be and  it has managed to do it by what is known as the “Halo Effect”. There is a saying “Get them by the balls and their hearts and minds are bound to follow.”  Banks now have “business advisers”  ; mostly young people with degrees who cannot possibly have ever tasted the fears of an entrepreneurial businessman.  Bank management has developed a culture of self-importance and inaccessibility.  Remember the time when a bank manager tried to impress you in order to win your business? Now , you have to ask him to welcome you to his club so that he can look after your money. He is now doing YOU a favour – unless it’s ” I’d love to help you but the System  ( or those upstairs) say “NO”. The banking tentacles have moved further into he business community. Local Enterprise Organisations and  Business Clubs are now both Governed and heavily populated by more bankers. Entrepreneurial andmanagementadviceisbeingdispensed by a profession with little or no practical or first-hnd business experience or knowledge. That is the Halo Effect. Put simply, because the banker knows about money and has you by the balls, you assume automatically that he is able to dispense Tax Advice, Marketing Advice, Sales Advice, Organisational Advice, Training Advice, Recruitment Advice, Purchasing  Advice and any other Advice that you need.  The total power of the banking community is evidenced by the fact that Chancellors, Prime Ministers and even  Presidents are having to say “Please do something about your bonuses Mister Banker.”  Banking has developed into a multi-headed all-powerful Frankenstein. It is not a simple case of imposing a few rules. What is really needed is a massive cultural change within the banking industry and a massive perceptual change from both private and business clients. If you’re a businessman or work for yourself in any way, ask yourself – ” Am I comfortable with taking business or financial advice  and all the other captive-audience advice that they like to dish-out, from an organisation populated by people who obviously did not heed their own advice and lost billions but have no idea what really happened?”  WATCH THIS SPACE.

  •  I received a letter from a Member of Parliament today. He addressed me by my Christian Name. What’s going on? Paranoid? Moi?

  • The airlines appear to be learning from the banks. British Airways will be charging us again AFTER they have our business. We book a flight and then pay an additional fee  to get a seat. Genius! Can you bring your own seat and pay corkage?

  • There’s only one thing wrong with an Indian Summer. The Global Warming Mullahs will wake from their torpor and deliver the usual speech about our emissions. I think that 4X4 vehicles should be compulsory. Have to go now and have my dolphin steaks and light the coal fire.

  • In the last two years, 150 teachers have been sacked for sexual misconduct. A loss to the teaching profession but what a bonus for the Vatican’s recruitment team!

  • Gordon Brown has been voted World Statesman of the Year – mostly for giving away any leftover taxpayers’ money that Mervyn King has not given to the banks. Brown has been generous to Africa and quite right too. In addition, he has enjoyed many politicians’ or Pope’s ultimate wet-dream. An embrace from Bonio who , apart from being big in the dog-biscuit trade, is (apparently) some sort of Irish pop singer. He plays in a popular beat combo named after some American spy-plane. U2, I think. Crucial.

  • Remember Gordon Brown selling off the UK’s gold to China a few years ago? Who better to value, melt-down anddoitallover again with that pile of  gold Anglo-Saxon tat recently dug up in Staffordshire – wherever that is. Middle Earth?

  • There’s a very exclusive TV Club – the old dears who used to read the news and appeared on the Christmas Morecambe and Wise show in the 50s and who did high kicks andeithermarriedapolicemanorshagged Jon Snow or went to live on a farm in Scotland. Pretty soon, the pre-teens running the BBC andthecommercialchannel will be  playground-bullied into re-hiring these venerable oldsters.  Prepare for News at Ten to look like a re-run of Macbeth, Act 1 Scene 1.

  • In 1959, Typhoon Vera struck Nagoya in Japan. There was a 20 ft tsunami, 150 mph winds and 5000 people died. Did you know that they managed ALL that without Global Warming! They could do stuff like that in the 50s. We have a lot to learn.

  • TV’sDoctorGorgeousappearedtohaveeverything – but he was struck by the one affliction that even he could not cure. He lost the ability to keep it in his trousers. Marriage, Mistress, Divorce, Mistress, two-timed Mistress, Girlfriend.  Best of luck mate. The definitive case of “Surgeon heal Thyself”.

  • In an average week, I speak to 5 or 6 Chief Executives – guys I’ve either trained, coached or who I know personally. This week I had the most weird experience with a company CEO and company owner. He fancies himself as a “leader” but  is just realising that he has recently reached the upper limits of his incompetence. The stress-levels are phenomenal and I shall devote a whole article to him next week. Look out for it – it WILL be libellous!

  • Fantastic evening for crumblies. ITV is celebrating 250 years of Cliff Richard. He hasn’t changed one bit – apart from wearing Frankie Howard’s old rug. Well, it’s either that or a  very quiet ginger cat.

Friday September 25th 2009

Friday September 25th 2009

  • The mole who leaked the MPs’ expenses information to the Daily Telegraph has revealed what motivated him to do so – apart that is, from the £110,000 fee that he was paid. It now appears that his primary motivation was not money but the fact that serving soldiers were “moonlighting” at the House of Commons. They were working in the Security department and protecting the Civil Servants who were dealing with confidential matters – one of which was Members’ expenses. Apparently, it wasn’t long before the soldiers realised the extent and extravagance of MPs’ expenses and so glimpsed the comparative opulence and excesses of the politicians’ lifestyles.  The very people who represented them and who had sent them abroad to be shot at. The sums of money involved in the claims that they either saw or were told about were further amplified by the fact that the soldiers were doing this extra work in order to buy decent boots and body protectors and other items which would make their soldiering duties easier and safer. It is currently very easy for us to feel very emotional  when they hear stories such as this – but we should proceed with extreme caution because it now seems that the mole is trying to justify his actions in leaking the information. He appears to be telling us that he now feels vindicated because of the “poor” soldiers and because MPs have to-date returned over £500,000 in mis-claimed expenses. Planes bearing dead blown-to-bits soldiers, processions through Wootton Bassett and full-page photographs of a recently mutilated soldier paying his last respects to his blown-up dead buddy certainly do tug at the heart-strings. Great propaganda andimmaculatetimingbyourmole. Now the facts: The mole received £110,000 pounds from a right-wing paper. Currently each soldier receives Osprey lightweight body armour and£3500 – worth of state-of-the-art equipment – including boots and shoes. The mole’s motives for leaking the information would not be in question had he not accepted such a large amount of money – which one presumes has been donated to the Army Benevolent Fund. I am not a great supporter either of this Government or of the pointless shenanigans in Afghanistan but sometimes there are over-sugared pills which are just too difficult to swallow.

  • One question remains: Why were security men  -serving soldiers or not- allowed to either view or be given  confidential information.

  • China , India and Brazil are to play a more prominent part in G20 and will also have more IMF votes. Currently, China wields 3.7% of IMF votes compared with France’s 4.9%, although the Chinese economy is now 50% larger than that of France and  in spite of the fact that China has over 20 Provinces which each has a population greater than that of France. This looks very much like the dawn of the Eastern or New economies and the inevitable sunset for the once all-powerful West. Regrettably, not only is it a question of size and manufacturing power but the West is currently “in hock” to China. Chinese and Indian savers enabled all of us to be borrowers. Now economists are saying that the East has to create the same free-spending and borrowing consumer society that we have enjoyed for so many years: just look where WE are now! Are we really so well-placed as to be dispensing economic advice?

  • Another New Labour piece of legislation which has been languishing in the long grass for a while is the changing or possibly the removal of the Statutory Retirement Age. It is a shame that there are ex-teachers, ex-managers, ex-engineers who happen to be over 65 and who are now either shelf-stacking, working at B&Q or watching Countdown. What a waste. The Government says that the matter will be dealt-with in 2010, in other words, by the Tories. Meanwhile, at least 300 over 65s are taking ex-employers to Tribunals and yet again, lawyers have become involved. That is New Labour’s one big success – through their intransigence and incompetence, they have produced the best-ever Lawyer Job-Creation Scheme. The Brits have always been obsessed with 65 being their time to stop work, relax, take long holidays etc. Unfortunately in many cases it’s retire, sit around for a bit, die.  We are changing as a nation and it is not purely because of the recession or plundered company pension schemes that people wish to carry-on working. Our “retirement mentality” has gradually been disappearing and people genuinely WANT to work for as long as they can. OK, there are very physical jobs where at age 65, you’re clapped-out. For instance, building, mining or farming. You can punish your body to such an extent that by the time you are 50, you start looking forward to the day when you can stop. However, nowadays many of us are engaged in non-physical work which means that we SHOULD be as fit at 65 as we were at 45. Policies should not be driven by a Government with one eye on unemployment statistics because as usual, public opinion is against them. It’s now time for the Statutory Retirement Age to be abolished.

  • Iran is the world’s fourth-biggest oil producer. No wonder they need to make such a vast investment in nuclear energy. You never know! Or, could it be that the Mullahs want to produce nuclear warheads in order obliterate Israel and/or the USA. That’s not possible because the Koran says that Muslims want us all to be their chums. Here are three quotes directly from the Koran (or Quran if you know your Peking from your Beijing). Here goes: “O you who believe! do not take the Jews and the Christians for friends; they are friends of each other; and whoever amongst you takes them for a friend, then surely he is one of them; surely Allah does not guide the unjust people.” (5.51)  or :“So when you meet in battle those who disbelieve, then smite the necks until when you have overcome them, then make (them) prisoners, and afterwards either set them free as a favor or let them ransom (themselves) until the war terminates.” (47.4)  or “The punishment of those who wage war against Allah and His apostle and strive to make mischief in the land is only this, that they should be murdered or crucified or their hands and their feet should be cut off on opposite sides or they should be imprisoned; this shall be as a disgrace for them in this world, and in the hereafter they shall have a grievous chastisement” (5.33) As I said – nothing to worry about. They’re just misunderstood. Talk of fundametalist Muslims being a bunch of fanatical murdering misogynist psychos is very naughty. They want to love us – as we love them. It says so in the Quran. Let them build their nuclear power stations bombs. It’s for our own good. Just think about all that cheap electricity.

Nearly forgot: “O Prophet! urge the believers to war; if there are twenty patient ones of you they shall overcome two hundred, and if there are a hundred of you they shall overcome a thousand of those who disbelieve, because they are a people who do not understand.” (8.65)

  • The often misunderstood and misinterpreted thing which suggests that when a  Muslim blows himself up for the cause , he will be rewarded in Paradise with 40 virgins to shag (presumably) -is wrong. Martyrs in Islam are classified as people who die for their religion whereas people who blow themselves up for women are dying for their own lusts. It’s Hell for them. Presumably you need to die with a hard-on. Not impossible – many men do, apparently.

These are Iran’s main Nuclear sites:

Thursday September 24th 2009

  • The Government has criticised the Football Association for not reforming itself. It has also asked the F.A to spend more time and resources on ethnics and women as well as telling them that they should provide better leadership. Perhaps when the F.A has completed its restructuring it can then give H.M Government a few tips. Talk about Pot-Kettle.

  • A recent U.S survey shows that many Americans think that Tony Blair is the British Prime Minister. Someone ought to tell them who the real UK Prime Minister is. Darth Mandelson.

  • Mandelson has been quoted as saying that Gordon Brown ought to “lighten up”  a bit. Not THAT smile again PLEASE!!!!  NOOOO!!!

  • What is it about meetings beginning with a “G”? Why is our expectation level do low? Is it because we know that the post-meeting statement has already been written? Is it because all previous meetings were such a monumental waste a waste of resources, time and money? Anyway – who DOES write that n-page statement which announces the next meeting in 6 months? Gordon Brown’s LAST such meeting.

  • Is it true that Obama snubbed Gordon Brown? Obama has had one-on-one meetings withotherleaders. Why not with our own Prime Minister? Is it because of the Megrahi affair or could it be because of the increasingly prominent sell-by date on Gordon Brown’s forehead?

  • Banks are currently reducing their assets and hoarding cash because of liquidity requirements. Put in simple terms, that means that the magic conjured-up money – the so-called Quantitative Easing is making it in through the banks’ back doors but the front doors remain only slightly ajar. READ REST OF ARTICLE

  • In 1998, the Saville Inquiry began its investigations into the shooting of 29 Civil Rights protesters by soldiers of the 1st Battalion of the British  Parachute Regiment. Five protesters were shot in the back and two injured protesters were run down by Army vehicles. Fourteen people died. This was the Bloody Sunday Massacre which took place on 30th January 1972 in Derry. The original Widgery Tribunal concluded that the  soldiers actions could be best described as “bordering on the reckless” . Unsurprisingly, the Widgery report was widely regarded as a whitewash. Hence the Saville Inquiry. Now we hear that the Saville Inquiry will report in March 2010!!! Apparently, there’s a printing issue that needs to be resolved. Once again , this 11-year inquiry brings into focus two great British institutions – queueing and inquiries. Not to mention a steady income for a whole “shark” of lawyers.

  • The anniversary of Lehman Brothers going down the toilet has passed anditisnowayearsincethesolidsreallyhitthe air-conditioning big time. For those who do not really understand finance – and who really does these days, here’s the deal. Politicians and bankers knew for at leat 18 months before the collapse that there was not enough cash in the system andthatmost, if not ALL banks were now standing on foundations of sand. It was only when Lehman had to admit that there was no real money – only paper ” instruments” which could be worth cash , that it was realised that the real currency that the banks had been  dealing-in was bullshit and promises. Politicians are now beginning to strike heroic poses as they tell us how they saved the banking system and that they only-just managed to avert a financial Armageddon. The real fact is that they knew what was happening all along and lived in the HOPE that somehow (they did not know how), the financial system would self-adjust or self-regulate itself back to stability . It didn’t and the solution that is being applied today is exactly the same as that which caused the collapse. Imaginary money. Eighteen months ago, bankers and politicians were HOPING that the system would sort itself out and that is EXACTLY what they are hoping for today. What is really needed is a total restructuring of the banking system but there isn’t the global political will to make that first all-important move.

  • There’s a (denied) rumour that Gordon Brown is going blind. Obviously we all hope that he is not. In spite of the fact that he has all the leadership qualities of damp Kleenex, he is a decent man. The rumour that he is blind has obviously been started by someone who is confusing his eyesight with his policies and management style.

Wednesday September 23rd 2009

  • Apparently, there is a small but statistically significant rise in patient deaths when junior doctors start work in August. Perhaps the same survey should be done with slightly different parameters: Before pubs open and after closing time.

  • A friend sent me a cartoon yesterday which, for the first time, explained the constant Midde East conflict . Jewish man  looking up at the sky saying, “Now, let me get this straight God. The Arabs get the oil and you want us to cut the end off our what….?” 

  • This snippet explains better than anything the anonymous nature of the Liberals’ leader. Nick Clegg will be delivering the Leader’s rabble-rousing Conference for the THIRD time!! He will attempt to come cross as a TOUGH leader. Doesn’t compute, does it? He always looks as if he’s just taken a “NICE” pill.

  • Justin-lee Collins has said what many are thinking: Bruce Forsyth should have stopped TV presenting three or four years ago. There’s a touch of the Emperor’s New Clothes about the whole thing. So much so that no-one appears willing to say ” Brucie, you are now coming across as an old twat. Piss off”. Instead the poor old bugger is being patronised, allowed to be unfunny (obviously from the tumbleweed school of humour) and worst of all, he’s being referred-to as “sprightly”.An adjective every man dreads because it is THE word which signifies the beginning of the end. It is NOT a compliment. It means that you are past-it and when you attempt to tap dance avec embarrassing Sammy Davis Jr-esque gurning, you look like a swinging cadaver with a ferret up a wet trouser leg.

  • I have just discovered that Chas & Dave have split up.     p.s. I am writing this on Beachy Head.

  • Kristna Rihanoff whose Strictly Come Dancing partner is Joe Calzaghe celebrated her birthday yesterday. Rumour has it that Joe and Kristina have grown very close. I  wonder whether he had any difficuty in wrapping her present?

  • More meaningless military “sincero-talk”today. Acting Sergeant Michael Lockett was blown up by a roadside bomb in Helmand Province.  “There’s now a gap in our ranks that will be so very difficult to fill”  and  “Sgt Lockett’s raw bravery and seflessness cost hm his life but undoubtedly saved that of one of his soldiers.”  are just two more examples from the Army Book of Fine Words. Meaningless twaddle. Sgt Locketthas left behindastrickengirlfriend and three children aged eight, seven and five. “We take solace in the fact that he died doing a job he was born to do” was more puke-inducing bollocks – this time from his father.  Stop this pseudo-heroic crap and bring ALL of our young soldiers back here to the United Kingdom, where they belong. The Taliban certainly do not see these young soldiers as heroes  –  more like fairground ducks.

  • When will the Vatican be called to account over the tens of thousands of children that have been abused by pervert priests? The Catholic Church has been accused at the United Nations Human Rights Council of a systematic and long-standing cover-up. The Vatican is in breach of its obligations under the United Nations Convention on the Rights of the Child. Handing out MILLIONS in compensation is really not the way forward. It’s customary to pay for sex up-front , not ten, twenty or thirty years after the event. Let us hope that one day there will be a time when the Vatican can close its child-abuse fund and get on with the business of religion.

  • Nothing about Gordon Brown today because he hasn’t said anything new or original. Situation normal. 

Tuesday September 22nd 2009

  • Did you see Darth Mandelson being questioned on the subject of bankers’ bonuses last night? As Business Secretary, he has the power to stop the bankers in their tracks. But he cannot and he would not answer any bonus-related questions.

  • General Stanley McChrystal, the top US commander in Afghanistan has warned that the war there could be lost unless there is an increase in troops within a year. He is asking for an additional 30,000 troops.  This is truly developing into another Vietnam. Currently, there are 100,000 troops in Afghanistan, 62,000 of whom are American. Time to talk.

  • The United Kingdom is needlessly wasting resources by sending too many average and some downright thick students to University. In fact, there are too many Universities. Hence the current funding crisis. The solution is so simple that even an Education Minister ought to be able to work it out.

  • The worldwide recession and the resulting drop in consumer demand has had a profound effect on industrial production. That has had an unexpectedly welcome effect on greenhouse gas emission – it has fallen by over 40%. Perhaps the Global Warming Mullahs will take this opportunity to shut up.

  • Anish Kapoor, the 1991 Turner Prize winner has a solo exhibtion the Royal Academy. This event is unusual because Anish lacks the traditional qualification for such a exhibition. He isn’t dead. If you enjoy abstract sculpture and/or you like spouting pretentious arty bollocks, then this exhibition is for you. Here’s a nosegay from Anish himself: “That sense of the poem being put together as word objects relates to sculpture in a very fundamental way. Sculpture also has this ability to be what it isn’t. It’s kind of about the illusory and the real.”Quite.  Anish is very keen on vaginas so do look out for the odd wobbly red letterbox shape.

  • The media seem surprised that construction companies and builders have been ripping-off Local Authorities and other organisations which are spending other peoples’ money. It’s been going on for years. This is from April 2008 – CLICK HERE– and it includes a scene from the Coconut Club, which you will be hearing more and more about over the next few weeks.

  • This week is Climate Week – a crucial  week in the quest for a global climate deal. World leaders are meeting at the UN in New York and a G20 summit in Pittsburgh. Meetings such as this have been going on for a few years now so let us hope that the current series of meetings produces something that has been sadly missing from previous encounters. Action. In December the Copenhagen environmental conference will hopefully be the real turning point and turn meetings into agreements into action.

  • Global Warming: Predictions are made using computer models and although the general consensus is that Global Warming is occurring, there are scientists (the so-called “deniers”) who have alternative models which suggest that the Earth will cool before its becomes hotter. Regrettably, the religious-like aspects of Global Warming, treat scientists who deny Global Warming as heretics who are often lampooned andmarginalisedby both the scientific and political communities.  The latest of these is a   Professor Mojib Latif, from the Leibniz Institute of Marine Sciences at Kiel,  who has suggested that the long-term warming trend could be masked – perhaps for as long as 10 or 20 years – by a temporary cooling caused by natural fluctuations in currents and temperatures called the NorthAtlanticOscillation. It all seems to depend on which set of data is plugged into which computer model.  However, it is the politicians who are the true believers who only appear to read data which supports their dogma.

  • Helen Goddard , music teacher has been jailed for 15-months as the result of a lesbian affair with a 15-year-old pupil. How modern. Not nice – but definitely “of the age”.

  • Rumour has it that Louis Walsh, the Irish spud  and pop manager from the X-factor is going under the knife in order to improve his looks. There must be a long queue of knife-sharpening volunteers. Surprising that he hasn’t yet benefited from sitting so close to that pair of  BotoxedBookends – Simon Cowell and Danni Minogue – by osmosis.

  • Sir Bobby Robson’s Memorial service must have been an ordeal for Paul Gascoigne. There was only one photo of Gazza that the snappers wanted – and they got it.

  • This is the sort of medical research that we like:  If you have alcohol in your bloodstream, you are far less likely to die from a head injury, says Dr Ali Salim from Los Angeles. The findings are based on a 5-year study of 38,000 people. You can’t be too careful. Cheers.

  • Nothing in the Press about Jordan today. Max Clifford must be on a long weekend break.

  • Attorney-General Baroness Scotland is still facing an uncertain future. Gordon Brown, her boss is being his usual decisive self. This is what he said this morning: “We will have to find out what has actually happened and I will have to wait for that report this morning and she will want to answer the questions that are put to her. We will have to make decisions.”  Brown obviously has not been watching the news or reading his Daily Worker. The fact is that Baroness Scotland employed someone who did not have authorisation to work in the United Kingdom. In fact, her papers expired five years ago. As usual, the long grass is quivering in anticipation.

Monday September 21st 2009

  • It now appears that Womens World  800m champion Caster Semenya was tested ages ago and there has been concern over her sex for months. The issue did not suddenly materialise at the last Word Championships. The whole thing has been handed so badly that there is every likelihood of IAAF resignations.

  • Baroness Scotland will probably resign this week. If every politician who made a mistake resigned, Westminster would be empty by now.

  • It looks as if Megrahi is going to be the first criminal to be retried on the Internet. We’re still awating an intervention from God and the miracle recovery. There has been one previous miraculous recovery by a convicted criminal. Ernest Saunders (1980s Guinness Scandal) was freed by a judge because he was suffering from Alzheimer’s. So far, Ernest Saunders in the first  and only recorded case of a total recovery from Alzheimer’s. The recovery took place soon after he was released from jail. Speaking of miraculous recoveries – Ronnie “released on compassionate grounds” Biggs has been seen out and about on his mobility scooter. Megrahi or Biggs? I’m off to Ladbrokes to make a small investment.

  • The Liberals are having their occasional rush of blood and putting themselves forward as a party of government. Remember David Steel in 1981? “Go back to your constituencies and prepare for government.”  Forget it boys and girls. There’s Vince Cable and Norman Baker and after that it all becomes a bit anonymous. Nick who?

  • The Liberals want to tax home owners whose properyis worth in excess of a million. They will be the only Party whose policies will be derailed by a property crash andonthatbasisalone, this policy has the depth and solidity of  a closing-time back-of-a-beermat “I really lovvve you”  concept. They’re not sponsored by the Royal Institution of Chartered Surveyors, are they? This new policy is the Liberals’ biggest-ever lurch to the left. The sort of thing that New Labour would have done when they were Proper Labour.

  • The elephant in the room – the one that no-one is talking about is still there. I am of course referring to the economy.

  • Several big companies, including a couple of large builders as well as the Royal Bank of Scotland will be coming to market very soon to raise many billions. Watch those share prices.  Here we go again.

  • Have you noticed how Kerry Katona’s nose is looking more and more like Danniella Westbrook’s last nose-but-one?

  • The Education bods are gettinng a bit twitchy at Ed Balls’ suggestions of swingeing cuts in Education. It is the designer-suited BMW-driving “advisers” at County Hall who should think twice before renewing their gym membership or booking that holiday in Tuscany. CLICK HERE

  • I did not see Alesha Dixon’s debut on Strictly Whatsit but it sounds as if she had a list of pre-prepared crap written down, dispensed it quite randomly and personalised it by adding bad grammar.

  • Rules are being published this week which will exempt family and friends from being prosecuted after assisting in a suicide.  It is purely coincidental that these rules are being rushed through just before Gordon Brown’s conference speech.

  • Manchester City manger Mark Hughes is complaining that too much time was added on at the endofyesterday’sderbygame with Mancheser United.  Michael Owen scored Man Utd’s winning goal in he 97th minute. Hughes forgets that his team had the identical extra time in which to score.

Monday September 7th 2009-Friday September 18th 2009

Friday September 18th 2009 

  • There has been some concern that Romell Broom may have suffered mental anguish when two Ohio State officials failed to find a vein in order to deliver a fatal injection. According to Broom’s lawyer, Broom had suffered both “mental and physical injuries” and apparently became distressed and appeared to cry. Broom was convicted of raping and then killing a 14 year-old girl.
  • We’re too fat, we drink too much alcohol, we’re unfit, we ingest female hormones in our meat  and weedkillers from our vegetables and we’re too stressed. Paradoxically, our life expectancy is increasing.
  • Alistair Darling is engaged in a series of meetings in order to decide where spending cuts can be made. If you’re expecting decisions within the next few months – stop being so silly. Although professional pundits do now have the opportunity to make pointless predictions.

  • Andy Burnham is suggesting yet more NHS changes. The God of Change strikes again! This month’s idea is that we will all be able to choose our GP. I would like one that’s qualified, understands human anatomy and is sober.

  • Baroness Scotland should know that in a Court of Law, ignorance is no defence. Mind you, the Baroness is the Attorney General. Hopefully, hiring someone called Loloahi Tapui(clue!) with out-of-date papers was just an oversight and as such, does not generate a witch-hunt. Oh yes – there’s an enquiry. There’s always a feckin’ enquiry.

  • Suddenly, Jordan doesn’t want to talk about “the rape”. It seems that her PR people are running out of interesting stories. The only remaining possbilities are either  ” I was abused as a child” or “I was abducted by aliens”.

  • Bit of a “to-do” about  unofficial sperm donors. Apparently, ladies can contact a sperm donor  on-line, arrange a meeting and either be handed a container-full of the stuff or on occasion have it delivered direct through the medium of sex. Hence the phrase : “”Bottled or draught?”  Sounds like an excellent service as well as an interesting career move, although it could mess-up the old CV, especially if the CV is printed on a sheet of Kleenex. Just realised that if this type of work is a career, the phrase “hand job” begins to make sense.

  • How would the management at Student Loans UK feel if they were told that because of administrative incompetence, their September salaries will be paid at the end of October. They would probably be quite upset. Next question: How do young kids with the incredible stress associated with leaving home feel-when they’re told by Student Loans UK that their University grants will be paid “about” four weeks late? Why is the beginning of the academic year ALWAYS a surprise? For the record and to help Student Loans UK: The next academic year will be starting in October 2010. Hopefully, that’s enough notice.

  • Scientists at Newcastle University have produced human sperm in the laboratory. Didn’t know that there was a shortage. Just take a chipping hammer to any Confessional carpet.

  • Gordon Brown said today “Cooperation between nations at the G20 summit will be crucial to ensure global economic recovery”  That is probably the twentieth version of the same sentence . It is a truism and it’s boring. Here’s another sentence which I hope Gordon finds as interesting as his own deep thoughts: ” The sun is in the sky”

  • Here is a quote from this evening’s No 10 bulletin: “The Prime Minister is launching a brand new podcast series this week talking directly to you about the big issues of the day. The podcasts, which will be available on our iTunes channel andonYouTube, will be recorded at Downing Street or around the world when the Prime Minister is travelling.”  Wow! That Gordon Brown is so “street”  -using that Interwebthingytoconnectwith the YouTube dudes. Way to go, MC Gordo! Soon,  he’ll be buying a pair of those really cool Levi Strauss blue denim casual trousers with the turn-ups, copper rivets and the little red label. Sound! Should go well with the black brogues.

  • Remember what I told you about the American dollar going into freefall. Soon. Continue reading Monday September 7th 2009-Friday September 18th 2009

Mervyn’s little pump

tortoise_big.jpg

” Mervyn King”

Mervyn King and his band of funsters at the Bank of England are attending  their irrelevant monthly monetary policy “dither” committee again. Why “irrelevant”? Because it is the British Bankers Association ( known collectively as the Wunch”) that decides consumer interest rates. Any change in the Bank Base Rate is irrelevant  because the only direction that  the BBA will alter the rate in today’s climate is upwards.

The balloon of inflation has two pumps sticking in it.

The first is our own little pump which inflates and deflates the balloon through price and interest rate variations. This is the pump that Mervyn and his gang have a bit of control over when they are in the mood to get their hands dirty. (They spend three hours deciding whether or not to sit on the fence).

The bigger pump (by far) which has been growing over the last few years and has recently started inflating the balloon  at a great rate of knots is totally out of Mervyn’s (and the Government’s ) control. This is the massive steel stirrup pump of world commodity prices. Control of that pump is in the hands  of organisations such as OPEC, Governments such as Russia and the USA and individuals such as commodity traders and speculators.

Mervyn’s little plastic bike pump is fast becoming an irrelevance but I am sure that today after their game of bullshit tennis,  they will have a good lunch before Mervyn settles down at his battered old Remington and types “the letter” to Gordon Brown.

Dear Gordon,

Sorry mate but you know that 2% inflation nonsense that you used to bang on about? I think that it’s time to stick a “one” in front of the “two” because that’s where we really are.

The good news is that  the high figure does not apply to individuals who purchase a 42″ plasma TV every month.

Yours,

Merv

p.s. Sorry about the red ink. That’s all we use these days.

British economists are divided (?!) – depending whether they base their calculations on Keynesian Theory or the (currently favoured) back of a Marlborough packet.

In spite of the fact that they all rely on what is essentially the same computer model – half say that the rates should come down and the rest say that they should either stay at 5% or be increased.

Here’s a wake-up call boys:  It doesn’t matter.

When you have oil and commodity prices swinging by between 10% and 60%, a small 0.25% tinker with the BBR is not going to amount to anything at all.

It would be like John Prescott chipping an ice cube off the iceberg that sank the Titanic.  Or as it is known nowadays – New Labour.

Spygun  predicts zero action from Merv and the boys (and girls). Rates to remain at 5%.

Titanic on the move again

prescott.jpg

” Fucked it up again.”

 

Prescott has been bludgeoning the  old Titanic metaphor but because his paragraph construction has the direction   and smoothness of a blind man attempting to slalom on broken glass, he has managed to hit the headlines again.

 

Gordon Brown’s  “changes” will not be  like rearranging the deckchairs on the Titanic because he has no idea where the deckchairs are. Some might say that he wouldn’t recognise a deckchair if he saw one. Eh , Vince?

 

 

 

BROWN’S CABINET MEETINGS ALL OVER THE PLACE

latsupper21.jpg” Is Judas still at the off-licence?”

 

 

Good idea to keep on the move, Gordon.