<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Spin is not enough, Mr Obama</title>
	<atom:link href="http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/feed/" rel="self" type="application/rss+xml" />
	<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/</link>
	<description>Incisive and topical campaigns and commentary on today&#039;s issues and tomorrow&#039;s problems</description>
	<lastBuildDate>Thu, 24 May 2012 13:47:51 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	
	<item>
		<title>By: Credit Company</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10698</link>
		<dc:creator>Credit Company</dc:creator>
		<pubDate>Fri, 20 Mar 2009 03:07:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10698</guid>
		<description>Well said, finally a good report on this stuff</description>
		<content:encoded><![CDATA[<p>Well said, finally a good report on this stuff</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: adam</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10697</link>
		<dc:creator>adam</dc:creator>
		<pubDate>Sat, 31 Jan 2009 18:57:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10697</guid>
		<description>i dont know about capitalism but one thing that does contain the seeds of its own destruction is New Liebore</description>
		<content:encoded><![CDATA[<p>i dont know about capitalism but one thing that does contain the seeds of its own destruction is New Liebore</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: StevenL</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10696</link>
		<dc:creator>StevenL</dc:creator>
		<pubDate>Sat, 31 Jan 2009 04:58:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10696</guid>
		<description>&quot;George Osborne’s decision to oppose the VAT reduction was an important moment in modern British politics.&quot; (JR)

I&#039;ll give you this, however, party leadership GO included, did not do anywhere near enough to defend the fuel duty/price stabaliser.

The revitalisation of the Tory party, and it&#039;s subsequent high riding in the polls before the Brown bust, had a lot to do with party leadership embracing issues such as the environment.

When oil prices fell (which you predicted here if I remember correctly) you went shy on the issue - were you marketing people advocating this kind of short-termism?

The fact is, even if fuel had been fixed at £1 a litre through tax, the extra tax would help fiscal stimulus/debt repayment and also help the party&#039;s &#039;green&#039; ambitions which many people read as increased energy security for the long term.

Reply: Labour of course invented their own version of the fuel stabiliser to claim petrol would now be dearer with the Tories. The Conservatives never put up a worked through scheme with prices and levels of tax, so they did not see why they should defend any particular higher level of petrol price in current circumstances. We will find out how serious they are about it by whether they launch it for the Election with prices and tax levels.

GO and DC should have defended this policy, accomodation could have been made with commercial hauliers through the tax system.</description>
		<content:encoded><![CDATA[<p>&#8220;George Osborne’s decision to oppose the VAT reduction was an important moment in modern British politics.&#8221; (JR)</p>
<p>I&#8217;ll give you this, however, party leadership GO included, did not do anywhere near enough to defend the fuel duty/price stabaliser.</p>
<p>The revitalisation of the Tory party, and it&#8217;s subsequent high riding in the polls before the Brown bust, had a lot to do with party leadership embracing issues such as the environment.</p>
<p>When oil prices fell (which you predicted here if I remember correctly) you went shy on the issue &#8211; were you marketing people advocating this kind of short-termism?</p>
<p>The fact is, even if fuel had been fixed at £1 a litre through tax, the extra tax would help fiscal stimulus/debt repayment and also help the party&#8217;s &#8216;green&#8217; ambitions which many people read as increased energy security for the long term.</p>
<p>Reply: Labour of course invented their own version of the fuel stabiliser to claim petrol would now be dearer with the Tories. The Conservatives never put up a worked through scheme with prices and levels of tax, so they did not see why they should defend any particular higher level of petrol price in current circumstances. We will find out how serious they are about it by whether they launch it for the Election with prices and tax levels.</p>
<p>GO and DC should have defended this policy, accomodation could have been made with commercial hauliers through the tax system.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Richard</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10695</link>
		<dc:creator>Richard</dc:creator>
		<pubDate>Sat, 31 Jan 2009 04:32:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10695</guid>
		<description>Too right - the Merill Lynch thing is unbeeeelievable.  Senator MacCaskell is proposing to cap bonusses at $400k retrospectively for 2008 on all TARP funded orgs but whether this is sanctioned or just a baloon....well, who knows? I personally don&#039;t think the IMF were right, I&#039;m pitching at about -8%. Good grief. DTP.</description>
		<content:encoded><![CDATA[<p>Too right &#8211; the Merill Lynch thing is unbeeeelievable.  Senator MacCaskell is proposing to cap bonusses at $400k retrospectively for 2008 on all TARP funded orgs but whether this is sanctioned or just a baloon&#8230;.well, who knows? I personally don&#8217;t think the IMF were right, I&#8217;m pitching at about -8%. Good grief. DTP.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Atlas shrugged</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10694</link>
		<dc:creator>Atlas shrugged</dc:creator>
		<pubDate>Sat, 31 Jan 2009 01:07:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10694</guid>
		<description>Dear John

I is difficult to disagree with much of what you say. Your postings are always sensible and usually practical.

HOWEVER.

If you replace the word BONUS with BRIBE, then this whole problem takes on a WHOLE NEW MEANING. What is wages or bonuses and what constitutes a BRIBE can be a rather gray area at the best of times. In times such as these, things to me seem far more black and white.

Many people who have been given these large bonuses/bribes have over the last few years especially have posted on the internet , claiming all sorts of irregular activities at their place of work.

Several have stated that when they suspected that their employer was on some kind of corporate suicide bid, they reported their feeling to their boss. This resulted in them being ORDERED to carry on effectively &#039;bankrupting the bank&#039; regardless of the consequences, or they would lose their job and bonus.

Many have claimed that there has been a long planned conspiracy to bankrupt their own businesses, by the owners of The International Banking system. By doing so they intend to bankrupt individual nations, as a precursor to introducing World Communism/Fascism to the entire planet. My self being one of them. The details of this well planned scam were out lined in a book by one of Phillip De Rothschild&#039;s girlfriends. Namely Ayn Rand in a famous best selling novel of hers called Atlas Shrugged.

In my line of business going bust to make an enormous profit, is known as the OLDEST TRICK IN THE BOOK. Many companies are set up in the first place, simply to go bust on the creditors and shareholders. The directors of these companies often come out of it all with a clean criminal record and several millions in the bank. This in spite of hardly ever trading at a profit, during the entire life of the company.

John please try to understand. The biggest crooks of all, sport very nice suits, get educated in the finest of public schools, talk with extremely posh accents, and would sell OUR grandmothers for less then the price of a tin of dog food. Less then that if they were then not required to pay up on the pension.

We should not be bailing out corporate Britain and certainly not the international banking system. We should be watching it go down the toilet with a collective smile on our faces, and two stiff fingers trust into the air.

Then BUY it all back for pennies in the pound FROM THEM. then privatise the lot, amking the general public the shareholders. Before doing so, start issuing our own currency, interest free. Otherwise it is the INTERNATIONAL BANKING SYSTEM that will end up buying up our entire existence, for virtually nothing at all.

In my line of business I have seen this type of CRIME happen time and time again. Since I was born I have personally witnessed this country go through 4 booms and now 4 busts.

I have absolutely no reason whatsoever to believe our current financial meltdown is not also a massive criminal conspiracy on a truly world wide scale.

You make a VERY VERY interesting point about government and their advisers being the best MONEY CAN BUY.

One thing is OBVIOUS to anyone outside the Bank of England, the entire shadow cabinet, and all the extremely highly paid and qualified expert economists within the civil service, FOR A VERY clear reason.

This could not have happened without the whole lot of them being collectively criminally incompetent or just plain conspiratorial criminals. Who seem to be determined to pull off the biggest crime of this century and possibly any century.

Your personal reassurance that it is not a criminal conspiracy of massive proportions, or that when in power Cameron will have the whole damned lot of them thrown in jail, while the key is forever thrown away, simply for their crass  criminal incompetence. Would be much appreciated.

We currently have the crime of CRIMINAL CORPORATE MANSLAUGHTER on our books.

I estimate that our banking system will eventually be DIRECTLY or otherwise responsible for the premature and often painful deaths of many millions around the world. Some of these people will be residents of the UK, without doubt.

If I can potentially go to prison because one of my workers losing a finger due to my personal incompetence. What punishment do you believe suitable, for the manslaughter  of possibly a BILLION people?</description>
		<content:encoded><![CDATA[<p>Dear John</p>
<p>I is difficult to disagree with much of what you say. Your postings are always sensible and usually practical.</p>
<p>HOWEVER.</p>
<p>If you replace the word BONUS with BRIBE, then this whole problem takes on a WHOLE NEW MEANING. What is wages or bonuses and what constitutes a BRIBE can be a rather gray area at the best of times. In times such as these, things to me seem far more black and white.</p>
<p>Many people who have been given these large bonuses/bribes have over the last few years especially have posted on the internet , claiming all sorts of irregular activities at their place of work.</p>
<p>Several have stated that when they suspected that their employer was on some kind of corporate suicide bid, they reported their feeling to their boss. This resulted in them being ORDERED to carry on effectively &#8216;bankrupting the bank&#8217; regardless of the consequences, or they would lose their job and bonus.</p>
<p>Many have claimed that there has been a long planned conspiracy to bankrupt their own businesses, by the owners of The International Banking system. By doing so they intend to bankrupt individual nations, as a precursor to introducing World Communism/Fascism to the entire planet. My self being one of them. The details of this well planned scam were out lined in a book by one of Phillip De Rothschild&#8217;s girlfriends. Namely Ayn Rand in a famous best selling novel of hers called Atlas Shrugged.</p>
<p>In my line of business going bust to make an enormous profit, is known as the OLDEST TRICK IN THE BOOK. Many companies are set up in the first place, simply to go bust on the creditors and shareholders. The directors of these companies often come out of it all with a clean criminal record and several millions in the bank. This in spite of hardly ever trading at a profit, during the entire life of the company.</p>
<p>John please try to understand. The biggest crooks of all, sport very nice suits, get educated in the finest of public schools, talk with extremely posh accents, and would sell OUR grandmothers for less then the price of a tin of dog food. Less then that if they were then not required to pay up on the pension.</p>
<p>We should not be bailing out corporate Britain and certainly not the international banking system. We should be watching it go down the toilet with a collective smile on our faces, and two stiff fingers trust into the air.</p>
<p>Then BUY it all back for pennies in the pound FROM THEM. then privatise the lot, amking the general public the shareholders. Before doing so, start issuing our own currency, interest free. Otherwise it is the INTERNATIONAL BANKING SYSTEM that will end up buying up our entire existence, for virtually nothing at all.</p>
<p>In my line of business I have seen this type of CRIME happen time and time again. Since I was born I have personally witnessed this country go through 4 booms and now 4 busts.</p>
<p>I have absolutely no reason whatsoever to believe our current financial meltdown is not also a massive criminal conspiracy on a truly world wide scale.</p>
<p>You make a VERY VERY interesting point about government and their advisers being the best MONEY CAN BUY.</p>
<p>One thing is OBVIOUS to anyone outside the Bank of England, the entire shadow cabinet, and all the extremely highly paid and qualified expert economists within the civil service, FOR A VERY clear reason.</p>
<p>This could not have happened without the whole lot of them being collectively criminally incompetent or just plain conspiratorial criminals. Who seem to be determined to pull off the biggest crime of this century and possibly any century.</p>
<p>Your personal reassurance that it is not a criminal conspiracy of massive proportions, or that when in power Cameron will have the whole damned lot of them thrown in jail, while the key is forever thrown away, simply for their crass  criminal incompetence. Would be much appreciated.</p>
<p>We currently have the crime of CRIMINAL CORPORATE MANSLAUGHTER on our books.</p>
<p>I estimate that our banking system will eventually be DIRECTLY or otherwise responsible for the premature and often painful deaths of many millions around the world. Some of these people will be residents of the UK, without doubt.</p>
<p>If I can potentially go to prison because one of my workers losing a finger due to my personal incompetence. What punishment do you believe suitable, for the manslaughter  of possibly a BILLION people?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: G F Warburton</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10693</link>
		<dc:creator>G F Warburton</dc:creator>
		<pubDate>Fri, 30 Jan 2009 22:10:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10693</guid>
		<description>Some time in the past, probably until the sixties or seventies, banks were managed and run by bankers.  Bonuses, if there were any, were no doubt modest and well earned.

The clearing banks in the UK had good names, were solid, dependable etc

Enter the spivs who sold a glorious future to the shareholders and, behind the respectable facade of the banking operation, opened casinos to gamble on shares, futures, to sell floors and buy ceilings (or vice versa), to invent ever more ludicrous derivatives on which they could gamble and ultimately, in their ignorance, to buy well packaged pigs in pokes.

The spivs have brought the banks to their knees and they should be allowed no future in the financial life of the country.

Proper training of bankers has all but disappeared.  At my local bank, my wife&#039;s ex-hairdresser sits behind the counter at her computer filling in the boxes.  She is not a cashier or bank teller but is a product of the spiv&#039;s thirst for profits to feed their bonuses.

If the banks can step back 40 years to the disciplines that built their reputations, they have a future.  If they continue to be run by the clowns who bought many millions or billions of pounds of junk, they will fail again.

George Warburton</description>
		<content:encoded><![CDATA[<p>Some time in the past, probably until the sixties or seventies, banks were managed and run by bankers.  Bonuses, if there were any, were no doubt modest and well earned.</p>
<p>The clearing banks in the UK had good names, were solid, dependable etc</p>
<p>Enter the spivs who sold a glorious future to the shareholders and, behind the respectable facade of the banking operation, opened casinos to gamble on shares, futures, to sell floors and buy ceilings (or vice versa), to invent ever more ludicrous derivatives on which they could gamble and ultimately, in their ignorance, to buy well packaged pigs in pokes.</p>
<p>The spivs have brought the banks to their knees and they should be allowed no future in the financial life of the country.</p>
<p>Proper training of bankers has all but disappeared.  At my local bank, my wife&#8217;s ex-hairdresser sits behind the counter at her computer filling in the boxes.  She is not a cashier or bank teller but is a product of the spiv&#8217;s thirst for profits to feed their bonuses.</p>
<p>If the banks can step back 40 years to the disciplines that built their reputations, they have a future.  If they continue to be run by the clowns who bought many millions or billions of pounds of junk, they will fail again.</p>
<p>George Warburton</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Adrian Peirson</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10692</link>
		<dc:creator>Adrian Peirson</dc:creator>
		<pubDate>Fri, 30 Jan 2009 19:29:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10692</guid>
		<description>Wasn&#039;t it Marx who said that Unbridled ( unregulated ? ) capitalsim would eventually lead to the collapse of capitalism, leading to Nationalisation of the Money supply, leading eventually to Communism. Has all this been deliberately engineered I wonder.

http://www.progress.org/fold35.htm</description>
		<content:encoded><![CDATA[<p>Wasn&#8217;t it Marx who said that Unbridled ( unregulated ? ) capitalsim would eventually lead to the collapse of capitalism, leading to Nationalisation of the Money supply, leading eventually to Communism. Has all this been deliberately engineered I wonder.</p>
<p><a href="http://www.progress.org/fold35.htm" rel="nofollow">http://www.progress.org/fold35.htm</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mikestallard</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10691</link>
		<dc:creator>mikestallard</dc:creator>
		<pubDate>Fri, 30 Jan 2009 17:17:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10691</guid>
		<description>I was reading First Post just now and was smacked between the eyes by this paragraph:
&quot;But there is another potential outcome. Even in the moribund democracies of the new century, the &#039;angry crowds&#039; on the streets of Europe are a reminder that the public may not always passively endure the insane avarice of the financial elites who have brought about this catastrophe and the cowardly and incompetent politicians who serve them. Rather than something to be feared, the coming upheavals might herald, not the end of civilisation, but the emergence of a new politics.&quot;
Democracy is something very new and very strange in mainland Europe. Now it is under attack from the EU machine and also from the economic crisis. It is coming unstuck. If the unrest gets worse, and it must, actually, order is going to have to be restored somehow.
Why do I keep coming back to Yeats? &quot;Things fall apart, the centre cannot hold, mere anarchy is loosed upon the world&quot;?
The time for spin and smooth words is passing rapidly: bankers are only the fall guys.
If we are not very careful, some genius will arise with the True Answer. Already Czechs have been prevented by Police from marching on a Roma settlement.......</description>
		<content:encoded><![CDATA[<p>I was reading First Post just now and was smacked between the eyes by this paragraph:<br />
&#8220;But there is another potential outcome. Even in the moribund democracies of the new century, the &#8216;angry crowds&#8217; on the streets of Europe are a reminder that the public may not always passively endure the insane avarice of the financial elites who have brought about this catastrophe and the cowardly and incompetent politicians who serve them. Rather than something to be feared, the coming upheavals might herald, not the end of civilisation, but the emergence of a new politics.&#8221;<br />
Democracy is something very new and very strange in mainland Europe. Now it is under attack from the EU machine and also from the economic crisis. It is coming unstuck. If the unrest gets worse, and it must, actually, order is going to have to be restored somehow.<br />
Why do I keep coming back to Yeats? &#8220;Things fall apart, the centre cannot hold, mere anarchy is loosed upon the world&#8221;?<br />
The time for spin and smooth words is passing rapidly: bankers are only the fall guys.<br />
If we are not very careful, some genius will arise with the True Answer. Already Czechs have been prevented by Police from marching on a Roma settlement&#8230;&#8230;.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Adml J Sparrow</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10690</link>
		<dc:creator>Adml J Sparrow</dc:creator>
		<pubDate>Fri, 30 Jan 2009 15:13:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10690</guid>
		<description>Classic spin last night on QT, Lord champange sociallist charlie something or other,  sprouting on about Newliebour getting debt down to 39% from the Tory 43% failed to mention that it was Ken Clark&#039;s policies that did it for them and had they kept going to 29% we would&#039;nt be in today&#039;s mess approaching 55%. Who knows even flat rate tax bands,  No- only joking on that from NL,  only the conservatives have the sense to go down that route.</description>
		<content:encoded><![CDATA[<p>Classic spin last night on QT, Lord champange sociallist charlie something or other,  sprouting on about Newliebour getting debt down to 39% from the Tory 43% failed to mention that it was Ken Clark&#8217;s policies that did it for them and had they kept going to 29% we would&#8217;nt be in today&#8217;s mess approaching 55%. Who knows even flat rate tax bands,  No- only joking on that from NL,  only the conservatives have the sense to go down that route.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Robert</title>
		<link>http://johnredwoodsdiary.com/2009/01/30/spin-is-not-enough-mr-obama/#comment-10689</link>
		<dc:creator>Robert</dc:creator>
		<pubDate>Fri, 30 Jan 2009 15:08:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2780#comment-10689</guid>
		<description>John on the nail as usual! I particularly felt that this resonated -
&#039;Sometimes in Opposition politics leadership comes from telling the public something they do not yet believe or even want to hear.&#039; This demonstrates real leadership and reminds people that politics is also about persuasion as much as telling them what they want to hear. it is only recently that the Tories tentatively have started to adopt this strategy. Gravitas they do not have, hence Clarke returning to the fold is part of their solution.</description>
		<content:encoded><![CDATA[<p>John on the nail as usual! I particularly felt that this resonated -<br />
&#8216;Sometimes in Opposition politics leadership comes from telling the public something they do not yet believe or even want to hear.&#8217; This demonstrates real leadership and reminds people that politics is also about persuasion as much as telling them what they want to hear. it is only recently that the Tories tentatively have started to adopt this strategy. Gravitas they do not have, hence Clarke returning to the fold is part of their solution.</p>
]]></content:encoded>
	</item>
</channel>
</rss>

