Monthly Archives: January 2010

States so often behave badly. They pick fights or provoke each other. They often boss or abuse their citizens. If they were people we would get fed up with them, send them to coventry, seek to change them or even put them in detention. The next few years are likely to see a continuing struggle [...]

This week markets took fright at the mountain of money Greece wants to borrow to pay its government bills. It needs to borrow about the same relative to its National Income as the UK. The markets have pushed the price of Greek government bonds down, so Greece now has to pay twice as much interest [...]

This morning Mr Blair returns to the centre stage of British politics. It is not a triumphant return. It is the return Mr Brown dreads. It is cross examination day over the Iraq war. The 2005 election haunted Labour with their Iraq war. Anti war Labour candidates put up. The dislike of the war was [...]

Davos is a time for overpaid bankers and consultants to rub shoulders with the senior regulators and government officials who determine the rules for their money making games. Once again, just like last year, regulation will be a big topic of conversation. Governments will be saying they want more of it. They will argue their [...]

The government keeps telling us borrowing more, spending more and printing more boosts the economy. They should look at the figures and ask themselves Where has all the stimulus gone? The figures are amazing. Since 2005 the government has doubled central government borrowing (on its own understated figures ) from £469 billion to £922 billion [...]

13 years of Labour goverment has produced even greater income inequalities. The Labour response is likely to include new tortures for people who work hard, try to get on in the world, who aspire for themselves and their children. What we need are policies which raise the sights and motivate the energies of the many. [...]

So that was what it was all about? All that well orchestrated hype, all those well honed briefings concerning the end of the recession, brought forth a mouse of a recovery, the smallest margin possible. Let’s hope the figures are not revised downwards. We know the economy struggled again in January, with a couple of [...]

The global warming theorists have been in overdrive predicting extreme outcomes. We have now heard or read: 1. The Arctic ice will all have melted within 5 to 7 years 2. The Himalayan glaciers will all have gone by 2035 3.Tropical storms are now the result of man made global warming 4. The UK will [...]

From CEO To Shareholders I told you Conco were a busted flush. The latest market research shows people are not going for their nonsense that we need to stop spending and borrowing so much. Thank heavens they are so stupid. We can win the Board elections after all. Enough of these minor matters. As your [...]

Let me make it clear at the outset before the spinners get to work. I think prison is the right place for anyone who represents a threat to the public. If people have committed acts of violence from terrorism to burglary with assault, they should go to prison for a good long time. However, our [...]