. . . from his Leader.
(Why would wannabe tory MP & putative lobster Harrington advertise on blogs at random I wonder . . ?)
Friday, 7 August 2009
Thursday, 6 August 2009
How amusing George Osborne's absence is . .
. . when Quantitative Easing is promoted still further by Mervyn King and his Tory party is reduced to fielding someone No-one has heard of to tell us that this is Gordon Brown's recession & etc.
Most of those who favour young George are a bit on the shy side of Bilderberg Conferences, but not young George, whose Parliamentary expenses show he went at a charge to some private donor.
How is the Inquiry into his parliamentary Allowances proceeding I wonder? Much Primary Residence switching in infamous "cash for questions" Neil Hamilton's old seat I understand . . .
No one would worry all that much, apart from those who are obsessed with hiring MPs who are either multi millionaires, or so piss poor they couldn't get another job - but even his family must worry about what would hgappen if Georgie had his hands on the mobile to Mervyn King - eh?
. . . I gather, and Snoopy tweets . . . 
Good News! More Quantitative Easing!
The Bank of England's Monetary Policy Committee is extending its Qualitative Easing (QE) by another £50 bn.
It does look as though the second part of our W shaped recession will not be so deep as the first part, but it is wise to battle it now, before it has its full effect. Good signs like rises in House prices, and expanding manufacturing and service sectors are welcome news, but not enough.
http://www.guardian.co.uk/business/2009/aug/05/recession-uk-pulling-outThe US economy may well operate out of the recession there more readily, and so Obama was wise to hold on pumping more money into their economy when some were calling for more. America tends to be quicker, so many small businesses, stronger and more vigorous entrepreneurship.
The UK relies on trade with the world for a larger part of our economy, and the wider world will be slower to recover in most places, so we have a narrower path to tread. Part of our trade is the collapsed international finance sector.
We went into the recession with lower core inflation, which is generated in our economy by our wages and dividends rather than imported, than most countries and that continues, with wage cuts and freezes.
This remains key to our future prosperity. Tackling the National Debt is much less important, and likely to remain so.
Sir Iain Dale has taken a holiday from blogging . . .
. . and this got lost when he packed: (PS Mixed in with his Captain's titfer it seems, he found it eventually) http://iaindale.blogspot.com/2009/08/alan-sugar-tries-to-bully-quentin-letts.html#links
I know someone with a functioning Amstrad, and there seem to be Amstrad and other old computer societies still in operation - check online.
In the days when Apple in Regents St used to permit people to queue outside with their faulty Apples before opening there were usually quite a few old Macs, certainly a few 20 years or so old.
Some people look after things. Not so the media.
Letts is an habitual liar, he might better get away with it online, where the writ of the libel and slander etc laws runs less true:
http://blogs.telegraph.co.uk/technology/shanerichmond/5144547/Online_comments_are_more_like_slander_than_libel_says_judge/
No-one seems fussed whether or not statements are true, so long as they serve some propagandist's intentions.
In truth our society is still more threatened by the failure of the 24/7 News Community (LOL) - or perhaps disinterest - to distinguish between fact and opinion.
He may be a secret Amstrad fancier 
I suppose, unwilling to come out in public . . ???
Nice to be proven right . . .
. . . especially in what many claimed were optimistic predictions.
When the Dully Teles were predicting a decade of depression (well some were), 35% pa house price falls, parity of the £ with the Euro and $, and Mugabe levels of inflation I disagreed. (The Telegraph most likely will have deleted all my forecasts by now, so their "community members" can make them up should they want to tell a few fibs about the "socialists" . . .)
The £ is now back to $1.70, not far from the $1.70/75 I predicted as its likely average when it settles, house prices have begun to increase (Even the Inst Chartered Surveyors admit they may by the end of the year) and the fall overall is not far from the 12.5 - 17.5% I suggested over a two year period, and will be nearer that when the two years are up, and inflation/deflation are not particular problems.
We may still find the second part of the w shaped recession we seem to be on has not yet bottomed out, but it does look shallower than the first part of the W.
It is particularly encouraging that international statesmen and women, sometimes led by Brown and Darling, have acted together to prevent the worst effects of a plunge over the economic abyss, as I predicted, only the insane would oppose co-operation to prevent a 1930s style decade.
We are lucky to live in our time, for all the problems, and we stand on the shoulders of those like Keynes and Galbraith who fought to make these better times.
Tuesday, 4 August 2009
Tory tactics in Totnes open primary . . ?
I wonder if Tory MP blogger Douglas Carswell will publish this? (He did, Thank you Douglas)
This is a carefully calculated choice for Totnes, which is subject to boundary changes and includes parts of Torbay, where UKIP had it's best vote share in the Euro - Elections (They didn't do badly in the S Hams either):
http://www.guardian.co.uk/news/datablog/table/2009/jun/09/european-elections-elections-2009
There are other issues:
http://quietzapple-musing.blogspot.com/2009/08/open-primary-by-post-in-totnes.html
This was a tactical decision, and the back room boys who work for Ashcroft, who reputedly has a larger office at Tory HQ than Cameron may well have been involved in the decision to go for the primary.
It may well be a moot point whether the £40,000 initiates the campaign from the point of view of Tory expenditures, which must be kept within the legal limits and declared after the election.
I might add that this sort of populism is bogus and can become counterproductive. Elections by acclamation usually are, and Gordon Brown has suffered from that, just as Michael Howard did, both insisting that their opponents stand down, or be not nominated.
Will all those who voted "own" the result? Or did Ashcroft pay for it, and does he now own the Tory party, lock, stock and stinking barrel?
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