Having been off the airwaves for what seems like an age, a warm welcome back to those readers who have had nothing on the page to read that haven't fled for more fertile pastures. Regrettably the significantly smaller and more rapid-fire interaction available on Twitter has taken up much of my limited spare time whilst some of the rest has been taken on some winter vacations down to parts of the American South West. If 'A week is a long time in politics' is something of a trite expression, then four months seems like an eternity. Indeed last week revealed one of the most inept budgets I can recall in recent times, certainly since the heyday of the 'Iron Fist' or 'Man who saved the World' (sadly not a bastardised David Bowie reference but this man)
The title post refers, as always to a Star Trek episode, which I thought was going to be something of a tricky fit (I'm waiting for a John Redwood related story to try and fit in 'Spock's Brain') when coming up with the concept of posts encompassing all 79 episodes of the series, but the budget appears to me to show a worrying lack of political sense and direction. As Telegraph (!) blogger Iain Martin put it:
'At least Gordon Brown's budgets used to take a day or so to unravel'
This budget basically was two fingers to almost every sector of society, beyond the primarily London-based Super-rich. When even notorious Blairite blogger Dan Hodges wades in to the morass to condemn it and, to my great surprise even praise Ed Miliband, (whose Budget riposte, although perhaps not as much of a tour de force as certain Sino/North Korean collaborators in the Guardian would have liked certainly saw him have much the better of the exchanges.) You've got to know you've badly misjudged the public mood.
Indeed the reaction of the many UKIP and Ultra - Libertarian bloggers on Twitter has been one of almost total disbelief. As one, the irascible @Jim_Watford put it:
'I never thought he (Cameron) could lose to Ed Miliband but that's what's going to happen'
'Fuel Duty being raised again. does anyone in this government have a clue?'
So why does the Budget attract, in my opinion such justified opprobrium? For me, three measures stood out as politically naive or plain idiotic:
1/ Failure to scrap plans to increase the Fuel Duty by 3p a litre. Whilst the Green opposition has actually been relatively neutral on this, it had the effect of seriously annoying The Sun and by extension it's 3 million plus readers, many of whom are converted Conservative voters the party needs to win if it is to have any chance of retaining power after 2014 (although I have to say a 2015 election is looking likely if the current polling trends continue) I can recall (and more on the 'Second Petrol crisis' to follow, time permitting) the 2000 'Fuel protests' which took place when Petrol was hovering around the £1.00 per litre mark. Diesel is already hitting over £1.50 without the tax rises, and for most dwellers outside London, Public transport for grocery shopping simply is not an option. Indeed, Osborne needs to be looking to cut further into the Labour client state with a view to reducing Fuel Duty rather than increasing it!
2/ As both 'Stalinist state' advocate Richard J Murphy quite eloquently and Ken Livingstone, in typically racist fashion, have pointed out, and I have also understood, the threat of people moving from London to Dubai, Singapore or Sitzerland is typically overplayed. Thus at a time when living standards are stagnating, it seems insane to cut the top rate of tax. And even assuming that, as stipulated this was a revenue maximiser, then why cut it only to 45p - The political lack of nous is truly breathtaking. I'd certainly not have advocated cutting the rate to 40p, but at least such a move would have been intellectually coherent.
3/ By 'Freezing' the age-related allowances for pensioners Osborne appears to have reintroduced the famous 'Stealth tax' narrative into British Politics. As the CPS pointed out, even by 2004, Labour had, through this method, introduced 75 Stealth taxes. I, for one, didn't elect a Tory government just to see them do exactly the same as the 'Clunking fist'. Furthermore, the elderly comprise the overwhelming majority of Tory activists and much of their vote. As I have pointed out before, the kind of people who are manning the barricades at 'Right to work' protests, 'Occupying' Private property, or 'Marching for Alternatives' aren't going to vote Conservative no matter how much you try and appease them. Why, thus, put in a measure likely to alienate your base, especially at a time when due to the massive fiscal profligacy of the previous administration, elderly savers have been the victims of an almost ZIRP (Zero Interest rate policy) for nearly two years of this government, and 2 of the previous?
In short, the Budget was almost enough to push me, in Millenarian style, into the Miliband camp, if only to see if following five years of Hard Leftism, something reasonable might arise from the ashes. It seems I'm not alone, and recent polls now put a ten point gap between Miliband and the Tories. The by-election result alluded to in my colleagues earlier post seems, superficially to have been a respite for Cameron, only if we ignore that whilst the Labour vote was badly hit, the Tory vote collapsed to under 3000, losing their candidate her deposit. Thus the Tories face the very real prospect of being the next 'Heath government' with Miliband cast in the role of Harold Wilson - the parallels with the 1970s look more and more apt with each passing day!
30 March 2012
Galloway
Some brief thoughts on George Galloway's surprise win in the Bradford West by-election.
Firstly I should put it on the record that I was in the past - naively - a strong supporter of Galloway. In the run-up to the 2005 election it initially seemed to me that Respect was a genuine attempt to build a left alternative to New Labour, initially involving Greens as well as Reds, and Galloway's main point - that Tony Blair was a Bush poodle who should be in the dock with his mentor George W Bush for war crimes - made perfect sense to me.
My stance on Galloway has since changed and I'm now not a supporter of his at all, for two main reasons:
- the unsavoury alliance between elements of the far left and reactionary religious extremists which Respect cultivates;
- Galloway's next-to-useless record as Respect MP for Bethnal Green and Bow in the 2005-10 parliament, where he turned up to only 7% of parliamentary votes while pursuing a full-time outside media career - including an appearance on Celebrity Big Brother, FFS.
Also it seems to me that other political groupings - the Green Party, Labour Left, Liberal Left, Compass and Occupy LSX - articulate a left political perspective more successfully, and stand more chance of widespread success, than does Respect.
That said, it is quite something for Galloway to win Bradford West despite being written off by the media and the Labour Party in the seat. What it shows, I think, is the fragility of the orthodox pro-cuts, pro-austerity consensus which the ConDems - and the right wing of the Labour Party - are spoonfeeding the public. There are a great many more people in this country who know bullshit when they see it than the Westminster bubble might believe, and that bodes ill for the centre-right's continuing attempts to convince the British public that the economic sado-masochism we have embarked on is (a) necessary, and (b) desirable.
Of course, the danger is that disenchantment with the current consensus can feed the hard right as well as the hard left. Galloway expertly combines elements of both, but in future by-elections I'd expect to find one or more of UKIP, the BNP, the Greens and Respect all making inroads. Less chance of that happening at a general election because the system is stitched up against these smaller parties - but even so, I would not rule out more Caroline Lucas style breakthroughs from the parties that are "fringe" at the moment but, as the economic situation deteriorates further, are likely to become the New Mainstream.
21 March 2012
Some good comedy for you on Budget Day
This is probably going to be the grimmest of grim days for anyone who doesn't want the UK to degenerate into a winner-take-all corporate fascist state, so allow me to lighten the load with a brilliant political comedy sketch courtesy of Robert Philpott, who has accused Michael Meacher of starting "factional warfare" in the Labour Party in a recent New Statesman article.
Coming from the leader of an organisation whose raison d'etre is factional warfare - with the objective of replacing any semblance of genuine socialism or social democracy in the Labour party with a compliant Tory-lite leadership who won't rock the boat and will agree with everything George Osborne says - this is nothing short of breathtaking, laughable hypocrisy.
And congratulations to Michael Meacher for telling it like it is a few days beforehand, in the same publication.
15 February 2012
The main "religiously oppressed" people in the UK are kids who happen to be the wrong religion for their local school
In the months since the May 2010 election and the formation of the ConDem government, it has often seemed like every day is "silly season" in the media. There are a number of Tories - both ministers and backbenchers - who specialise in trotting out loony right-wing theories taken directly from the US Christian right, eugenicists, far-right libertarians and other unsavoury sources. One of the worst offenders is Lady Warsi, who yesterday said that "militant secularisation" was taking hold of society.
On the face of it, this is a statement so ludicrous that it is hard to take seriously. Warsi's argument appears to be based on two recent court rulings:
It's hard to see either of these judgements as evidence for secularisation, militant or otherwise. In the Bideford Council case, it is very hard to see what prayers have to do with council business. In the case of the Christian B&B owners, if the judgement had gone the other way it would have been tantamount to a ruling that anti-gay Christians should be exempt from laws outlawing discrimination on the grounds of sexual orientation. If that were allowed to stand, one might as well say that Nick Griffin should be exempt from laws outlawing discrimination on the grounds of race. But this has nothing to do with religion versus secularism. It's to do with whether the law should be applied consistently or not. Lady Warsi appears to be suggesting that anti-discrimination legislation amounts to "militant secularisation"; the corollary of this argument is that we can only have "religious freedom" if we allow the oppression of gay people, ethnic minorities, women, or other groups. In which case... give me militant secularisation over religious freedom every day.
On the face of it, this is a statement so ludicrous that it is hard to take seriously. Warsi's argument appears to be based on two recent court rulings:
- Bideford Council, which was told it can't hold prayers as a formal part of council meetings (councillors are of course free to hold prayers before the meetings start should they so wish);
- the Christian B&B owners who weren't allowed to turn away a gay couple.
It's hard to see either of these judgements as evidence for secularisation, militant or otherwise. In the Bideford Council case, it is very hard to see what prayers have to do with council business. In the case of the Christian B&B owners, if the judgement had gone the other way it would have been tantamount to a ruling that anti-gay Christians should be exempt from laws outlawing discrimination on the grounds of sexual orientation. If that were allowed to stand, one might as well say that Nick Griffin should be exempt from laws outlawing discrimination on the grounds of race. But this has nothing to do with religion versus secularism. It's to do with whether the law should be applied consistently or not. Lady Warsi appears to be suggesting that anti-discrimination legislation amounts to "militant secularisation"; the corollary of this argument is that we can only have "religious freedom" if we allow the oppression of gay people, ethnic minorities, women, or other groups. In which case... give me militant secularisation over religious freedom every day.
There is one area in which an element of our society is discriminated against on a regular basis: school choice. But, as Dr Evan Harris (the greatest Lib Dem leader we never had) pointed out on Channel 4 News last night, it is children from non-religious families (and the "wrong" religions) who are discriminated against, not children from the "correct" religious families. A faith school - for example, a C of E school - can refuse an application from a child whose parents are of a different faith, or no faith, solely based on that reason. This is blatant religious discrimination of a type outlawed in most other areas of public services and the private market. For example, a supermarket can't refuse to serve you on the grounds you're an atheist. An employer can't refuse to employ you on the grounds you're from the wrong religion (except, I think, in the case of teachers at faith schools - once again, blatant discrimination). If I have a criticism to make of the National Secular Society, it's that they are picking the wrong targets. Prayers at council meetings is a niche issue at best. Discrimination in the school sector affects millions of children, and could probably be stopped via a test case if a school was taken to court (and if necessary to the European Court of Human Rights). Having said that, disclaimer: my legal knowledge is pretty much zero so I could be talking complete rubbish here.
As things stand, the Mickey Gove education reforms are going to hand over huge chunks of the school system to religious organisations, making an already big problem worse. If I have kids in the next few years, home schooling - or one of the "progressive" schools like Steiner - may be the only viable option. At this point I'd say "God help us" but that would just be playing into Lady Warsi's hands.
13 February 2012
Greece: taking the long and painful road towards default
It's often been said that socialism is the long and painful route to capitalism and in the case of Soviet-style state capitalism that is probably right (although equally one could say that capitalism is the long and painful route to environmental catastrophe, followed quite possibly by socialism - if anyone is still alive long enough to enjoy such a state of affairs). But the economic torture which the EU and the IMF is putting Greece through in the name of "fiscal responsibility" is the long and painful route to bankruptcy and default. There is not a hope in hell of the savage austerity measures insisted on by the "troika" - including minimum wage and pension cuts - delivering budget balance; instead, they will deliver an ever-shrinking economy and a need for yet more savage cuts a year or so down the line.
The sheer insanity of the economic policies being followed in Greece at the moment is painfully obvious. This story ends in one of three ways:
The sheer insanity of the economic policies being followed in Greece at the moment is painfully obvious. This story ends in one of three ways:
- fiscal union in the Eurozone. If the EU had a central budget and fiscal transfers between higher-income and lower-income states (like the US) for example, the Greek debt would be a relatively minor issue. The EU would be able to issue "Eurobonds" at relatively low rates of interest to fund the Greek deficit. This is unlikely to happen because Germany doesn't want Eurobonds. It wants a "fiscal compact" to bind member states into austerity but this is not at all the same thing as fiscal union; rather, it's a measure to outlaw "structural deficits" which, if anything, will exacerbate economic depressions by making Keynesian counter-cyclical spending harder.
- Greece as a technocratic colony. This is the option that Germany and the IMF want - bypassing the Greek electoral system and putting "yes men" in place who will enact austerity measures for "as long as it takes" - perhaps in perpetuity - in a (probably futile) attempt to meet fiscal targets through spending cuts and tax rises.
- Greece in default. I think this is the most likely option now. It's no longer a question of if Greece defaults, but rather, when it does.
I would be very surprised if plans were not afoot behind the scenes for a Greek default and the return of the drachma. (The return of the drachma is not inevitable - it is possible that Greece could default and stay in the Euro - although that raises a host of issues, for example regarding contagion, and how to stop the same thing happening again to Greece a few years down the line). But being kicked out of the Euro is more likely than defaulting in it.
It is important to make clear that although default is the best available option for Greece it is by no means an easy option. The drachma will collapse in value in the short run and Greece is likely to experience high inflation as the cost of imported goods rise. Much of the debt held by Greek consumers and businesses (as opposed to government debt) will be Euro-denominated and so its value relative to Greek GDP will increase greatly in the event of the drachma reappearing. This will most likely lead to a wave of secondary defaults in the business and household sectors.
However, readopting its own currency would give Greece the necessary flexibility to work its way back to economic health. Tourism would boom hugely as Greece would suddenly become a very attractive cheap holiday destination. The reduction in the wage and price level relative to the Euro would make Greece a much more attractive location for foreign direct investment by foreign-owned businesses. Greek exports would be much more competitive than before... and so on.
So, for me, given that a US-style European fiscal union is off the table, default followed by economic rebuilding from a vastly lower exchange rate looks like the best option for Greece.
But what does Loukanikos, the world-famous riot dog, say?
30 January 2012
I shall have more to say on this matter in February...
...and so it turned out, that just after I'd dismissed the anti-Ed Miliband faction as a "bantam menace", Ed started to get into real trouble when he was (to quote the old Magazine song) "Shot By Both Sides" - getting it from the left as well as the right.
Fortunately, the Stephen Hester bonus fiasco seems to have saved Ed for now, at least - but this one will run and run. I've been too busy to post during the second half of January, but will hope to get back to regular posts in February. Keep it real people.
15 January 2012
Ed Miliband Episode 1: The Bantam Menace
(episode 1 in a series of "Star Warped" Ed Miliband posts)
Part of the fun with the recent gaggle of "Ed Miliband is under attack" media stories is how lame the hacks writing this shit are. If you have a look at them, what have you got?
- Dan Hodges: ex-New Statesman blogger, dropped by that august outlet for repeated hysterical and incoherent attacks on Ed during Labour Party Conference. Now part of the gang of right-wing payroll bloggers at the Daily Telegraph.
- John Rentoul: Independent columnist, Blairite among Blairites. One of these guys who think you can stick a red rosette on any Tory nonsense and it suddenly becomes a sensible Labour position.
- Wintour and Watt: the Guardian's "dynamic duo" of political lobbyists. Specialise in lazy rewrites of any statement made by anyone you've ever heard of in the Labour Party (and many you haven't) so that they look like attacks on Ed.
- The brain-dead politics hacks at the BBC (particularly Nick Robinson) who take orders from Tory HQ, on pain of the BBC losing even more funding than the 16% it's already being cut (in nominal terms) over the next 5 years.
- whoever it was at the Sunday Times who thought it would be a good to run a poll on whether Ed Miliband is too ugly to be PM.
It's a good job for Ed that the people writing his political obituary week after week are so lightweight.
What's more, the potential challengers in the Labour party for the leadership are chicken. If no-one was prepared to get rid of Gordon Brown when Labour were 15 points behind the Tories, what's the betting that anyone will get rid of Ed Miliband when Labour is ahead, or at least level pegging, in most polls? As has often been pointed out, historically Labour is much more crap at getting rid of leaders in mid-term than the Tories are. Even poor old Michael Foot was allowed to soldier on until the 1983 election.
That's why I call the plotters against Ed The Bantam Menace.
Stay tuned for more in this ongoing series.
09 January 2012
Cameron's playing it clumsy in Scotland (possibly deliberately?)
Dave Cameron has chosen an interesting tactic in response to the Scottish National Party's plans for a referendum on Scottish independence. He has said that the Westminster Coalition government supports the idea of a legally binding referendum - on two conditions:
- that the referendum is held by summer 2013;
- that the question format is a straight Yes/No choice on full independence for Scotland versus staying in the UK, with no third option of "devolution max" (whereby Scotland would still formally remain in the UK, but with pretty much all domestic policy - including taxation - delegated to Scotland).
Both these conditions run counter to Scottish First Minister Alex Salmond's preference, which is for a referendum in 2014 or 2015, with "devolution max" as an option on the ballot. Having said that, the restriction to a two-question referendum without devolution max will probably be more of an issue for Salmond than the timing issue. After all, if Scotland were likely to vote for independence in 2014, it'd probably be pretty much as likely to vote for it in 2013. Polls at the moment show a slight shift in favour of independence but in a two-choice referendum, "Yes" is still only running at around 32 percent or so. That isn't necessarily a guarantee that a two-choice referendum would produce a "No" vote but Salmond must know the odds are against it - unless there is some kind of game-changer between now and the referendum. Oddly enough, that game changer could be Dave Cameron.
As an English "Tory Toff", quite why Cameron would think that clumsy top-down intervention in the referendum process would make people in Scotland more willing to listen to him and less willing to listen to the SNP - who have a far stronger mandate in Scotland than the Tories do at Westminster - is hard to fathom. Given that Dave is no imbecile, my guess is that he knows the intervention will piss Scotland off, and is actually hoping to get shot of them somehow. After all, Scotland is pretty much a Tory-free zone and getting rid of it from the UK would make it easier for the Tories to win outright majorities on a relatively low vote share. It can't be said often enough: breaking up the Union is a good deal for the Tories. Of course they are the "Conservative and Unionist Party" and a few Tory peers and grandees would be slightly miffed were Cameron to preside over the break up of the Union: but so what? A few Tory peers and grandees are miffed about going into Coalition with the Lib Dems, but from Dave's point of view it was a masterstroke. If he loses Scotland but wins 3 general elections in a row and secures Tory hegemony, who on earth is going to care?
From Alex Salmond's point of view, my advice would be: just carry on doing what you were going to do anyway, and use Cameron's intervention to promote support for full independence. Cameron is trying to argue that any referendum later than 2013 would only be advisory, but if Scotland does hold a vote in 2014 or 2015 and the result is Yes to independence, I'd advise Salmond to make a Unilateral Declaration of Independence. If support is that strong then there would be nothing the Westminster government could do about it, short of sending in the army, arresting the Holyrood parliament, and declaring direct rule from Westminster. And who the hell thinks that is going to endear the Tories to the Scottish people? In short, I think there is a good chance Scotland will have gone fully independent by 2020, however this pans out. And although it's a shame for the people left in England who are more likely to suffer the Tories as a result, I have to say good luck to the Scots really. At least they don't elect insufferable ConDems like Dave Cameron, George Osborne and Danny Alexander... oh, wait.
05 January 2012
Ed Miliband: skating away on the thin ice of the new year?
(with apologies to Jethro Tull)...
news is rather thin this new year, so it must be time to put the boot into Ed Miliband. The usual suspects have been at it of course: for example the celebrated 'false flag' blogger Dan Hodges is barely able to write about anything else (although he did produce an excellent blog on the Lawrence killer sentences this week).But the new specialists in anti-Ed propaganda is the Guardian, which has been orchestrating a series of attacks on Ed that are as blatant as they are clumsy in their distortion of what political commentators are saying about the poor guy. Two obvious examples of this tendency, just so you don't think I'm making it up:
- a Policy Network report by centre-left academic Ben Jackson and Labour pensions spokeman Gregg McClymont which presented the evidence from previous Labour election defeats in the 1930s, 1950s and 1970s as a cautionary tale for Labour today was spun by the Guardian as an attack on Ed's leadership.
- an article yesterday in the New Statesman by Labour peer and Ed 'guru' Maurice Glasman which, if anything, was criticising Ed Balls rather than Miliband, and not very coherently at that, was, similarly, spun by the Guardian as an attack on Ed (Miliband)'s leadership.
Although well known ConDem sympathiser Martin Kettle may have some role in this, I think the main instigators of the Guardian's anti-Ed vendetta are Chief Political Editor Nicholas Watt and Political Editor Patrick Wintour. This "dynamic duo" have recently embarked on a mission to oust Ed Miliband at any cost. It may be that they have been against Ed from the beginning; they may be on the payroll of the very well-funded LINO pressure group Progress; or David Miliband may have promised them advisory jobs in his private office after he replaces Ed (in his dreams!) Their precise motivations are (for the moment) a mystery, although I am working with contacts at the paper to find out what I can.
So is Ed Miliband on thin ice? I honestly don't think so. Labour's poll ratings have been improving (albeit slowly) over the last month as the Cameron "veto bounce" fades. I can't remember a single instance of a leader getting the boot if their party was in front in the polls. Certainly when IDS was forced out in the autumn of 2003, the Tories were miles behind Labour. The normal rule of thumb is that, to be replaced mid-term as an opposition leader before even getting the chance to fight an election, you've got to be doing really badly. And Ed is doing just... so-so. In fact, on some measures he's actually doing rather well; Labour is currently running at about 12 percentage points above its share of the vote at the previous election. 18 months into a parliament, I can't remember a Labour opposition leader ever doing as well as that; not Foot in 1980, nor Kinnock in 1984, nor John Smith in 1993.
What's more, the "critiques" of Ed are either not really critiques at all (e.g. the McClymont/Jackson Policy Network report, which is actually quite supportive of what Ed is doing), or they're critiques of Ed Balls rather than Miliband (to the extent that I can make coherent sense of it, the Glasman article falls into this camp), or they're right-wing LINO or ConDem hackery with no real traction in the Labour Party (Hodges, Rentoul, Kettle). There has not been any mainstream Labour voice saying Ed is crap. As Eoin Clarke of the excellent Green Benches website points out, Ed has probably lost some grassroots support by not delivering on to the (slightly) radical stance of his leadership election campaign. And my belief is that if he were more radical he would do himself a big favour. But none of that has any bearing on whether he survives in the job or not.
For better or worse (I think overall for the better), Ed Miliband is safe in the job. Ignore any hack who tries to tell you otherwise.
01 January 2012
And so to the US 2012 Presidential Election: initial predictions
Yes it's that time again, as thoughts turn to the 2012 elections in the US. I covered the Republican primaries in quite a lot of detail in 2008, which turned out to be not quite as exciting as Mike Huckabee's win in Iowa portended; in the end, John McCain came out as a clear winner.
This time round there has already been an excellent analysis of most of the candidates by Van Patten a few months back. What's happened since then has been described by the FT's Gideon Rachman as a "circular firing squad" on the right of the party; a minibus-load of right wing candidates including Gingrich, Perry, Bachman, Cain, Paul and Santorum have been jostling for position in rotation, with a frontrunner emerging periodically only to be mown down by a combination of negative campaigning by the other candidates and their own obvious inadequacies. A month ago it looked like Gingrich was out in front on the right. Now it looks like Rick Santorum is surging. And Ron Paul has been steadily gaining support in Iowa with an uncompromising libertarian message seriously at odds with anything else on offer in the GOP.
However, given that the majority of primaries are winner-takes-all first past the post, it seems to me that the fragmentation of the right will be its undoing. They simply can't agree to unite behind a single candidate to defeat Mitt Romney on the left (this is a very relative "left" - Romney would be extreme right in most other countries). And so, despite the fact that Romney is few people's idea of a great candidate, and mistrusted by huge swathes of Republican voters, I would at this point put money on him to win the nomination, although if one of the first few primaries throws up a clear right-wing winner who then goes on to organise and win a few more of the early-to-mid primaries then an upset is wholly possible.
Paradoxically, in many ways a strong performance by Ron Paul in Iowa would probably damage the right as he is unlikely to gain traction with the wider GOP voter base and could probably not win any more primaries after that, leaving the field open for Romney to dominate. On the other hand, if Santorum wins in Iowa then the outlook for the right is a bit better although he has very little organisation or money at present - however, there are some very loaded people out there on the right who can bankroll an 'astroturf' operation at short notice, so nothing is ruled out at present. My prediction for Iowa, for now, is for a narrow Ron Paul win which goes on to mean sweet FA in the ensuing weeks as Romney builds an unassailable delegate lead despite never looking totally convincing.
Assuming Romney does get the nomination, I would say that the November election is too close to call at present. In the end I would back Romney to win - narrowly - more due to voter fraud and deregistration shenanigans by Republican state legislatures in key swing states than for any other reason. We are entering the early stages of Banana Republic America, and the consequences for the USA - and therefore the world - may be pretty dire. If anyone except Romney gets the GOP nomination then I think Obama will win on a similar vote share to last time. Another scenario where Obama could win it would be if a well-funded Tea Party wingnut ran a 3rd party campaign - a long shot, but not impossible, given the level of mistrust of Romney as RINO (Republican In Name Only). Lastly, a Tea Party 3rd party candidate plus a far-left 4th party candidate (please stand up Bernie Sanders!) begins to make for something interesting due to the ludicrous First Past the Post winner-takes-all state-by-state electoral college system. You could conceivably end up with Ron Paul as President under that scenario... at least life wouldn't be dull. But I don't think the Left will run its own candidate this time round following the Ralph Nader/Al Gore debacle of 2000.
Lastly, the Senate and House battles are arguably more important than the Presidential race this time round. On the Senate, given that the Democrats are defending gains from 2006 which was a very strong year for them, and the current voting strength is 53-47 in favour of the Dems, they will do well to hold it at 50-50. As for the House, I don't know enough to make an estimate of that yet: I will have to bite the bullet and buy a New York Times subscription to get full access to fivethirtyeight, a free access site last time round but now part of the NYT stable.
Anyway, fun times ahead for political junkies - "Let's Rock".
31 December 2011
Best of 2011
Very briefly, before I head off to an extended New Years Eve party which will be a valediction to alcohol for at least 2 months, some bests of the year:
Best blog post - Chris Brooke with Nick Clegg - Liar. Simple and to the point.
Best political blog: Richard Murphy
Best economics blogger: Duncan Weldon
Best political satire site: Nick Clegg looking sad
Best political columnist (Left): George Monbiot
Best political columnist (Right): Peter Oborne
Special award for ConDem apologism: Martin Kettle
Special award for 'false flag' assistance to Ed Miliband by offering a 'straw man' critique which Ed gains strength every day by knocking down: Dan Hodges
The worst of everything (at least in this country) award goes to 'Slasher' Osborne.
Have a great remaining 12 and a half hours of 2011, and see you in the next cycle.
30 December 2011
A tablet for (just after) Christmas
Over the last few months I've found myself strangely attracted to the idea of a tablet - not ibuprofen (although that has its pleasures), but the dinky little oversized phones with large touchscreens that are the biggest growth area in the computer market ever since Apple brought out the iPad almost 2 years ago. It's interesting, and largely unpredictable, what takes off and what doesn't in the computing world. Most of the pundits shared my initial opinion that the iPad would be a flop because at the end of the day, what was it? An oversized phone that doesn't make phone calls. But in fact, it was a huge success, on the back of very slick marketing, the excitement of the app store, and the integration with iPhones and Apple computers.
I haven't bought an iPad for several reasons, the main one being that I consider Apple kit somewhat overpriced for what you get - they are to computing what BMW is to cars, although I am pleased to report that Apple owners don't try to run you over in the same way BMW owners do. The iPad 2 is undoubtedly better value than the iPad 1 but there was still something about the £500 price point that didn't say "value" to me. £200 says value to me - I don't know why, but if there's a piece of kit that's less than £200 I am so there... if it's more than £200 I have to think carefully. This number is arbitrary and takes no account of inflation, but still... that's the way it is for me.
The other thing that pisses me off about Apple is the Stalinist approach to software and media management. I do have an iPod nano (2009 edition) because I got it free with an Android phone (hilarious irony!) One day I decided I'd like some MP3s on the iPod. It appears on my Windows PC as a USB hard drive, but can I copy across MP3s by drag and drop in Explorer the same way I can with any other MP3 player on the market? No, sir... I have to use iTunes which is the crappiest piece of software (at least on a PC) imaginable... Charlie Brooker called it a "binary turd" and that was being kind IMHO. Apple doesn't trust you to be able to get music on your device the way you want... you have to do it their way, or not at all. Similarly, Apps have to be approved by Apple before being placed on the App Store. This takes the free-for-all open approach which was the foundation of success for the internet and replaces it with a digital North Korea (I'm borrowing terminology from Van Patten here, but in this case the analogy is a good one). Contrast this with Google's Android platform where you can use any damn music player (and file format) you want and there is no central oversight to the application repository - anyone can get out there on the Android market. This probably means a higher percentage of shit applications but hey, I'm an intelligent consumer and I'll take my chances.
So why haven't I bought an Android tablet yet? Two reasons. One is that Android wasn't really tablet-ready until version 3.0 (Honeycomb) and Google reckon that it won't really be fully optimised for tablets until version 4. The other reason was the price of a good tablet. Any fool can sell you an el cheapo tablet held together with string for £150 or so, but the good stuff starts at about £330 with the Asus TF101 Transformer - and at that price point ol' tight wad comes into play again. It feels expensive and not at all an impulse buy. So again, at this point Android didn't feel quite ready for me - nor I for it.
What about other options? Until about 48 hours ago my response to that question would have been "ho ho ho", in the seasonal spirit. The main competition is RIM's Blackberry Playbook. At this point the tech-savvy among you will have fallen about laughing, so [in-joke alert] if your name is Foley let me return you to the floor by reminding you about the biology lab microscope.... :-) But Blackberry. Are you serious? The platform that gives you 72 hour outages because they didn't spend any money on infrastructure? An App Store less well populated than the Outer Hebrides? Hello?
Well, yes. Why? Two reasons, both the converse of why I rejected Apple and Android. One, cost. At its launch price of £400, the 16GB Playbook was really no better value than Apple, considering it is a 7-inch tablet rather than 10-inch. But PC World have now discounted it to £170 and at that price, in hardware terms, it's a steal. God bless underselling products.
Second, and perhaps more importantly, this is a "stealth" Android tablet. The Blackberry App Store remains woefully underpopulated (although RIM have released a utility for easy conversion of Android apps to Playbook apps which has helped a bit), but with version 2.0 of the Playbook OS (due in February 2012), there will be a built in launcher application allowing users to run Android apps on the Playbook! Furthermore, the tech-savvy among us can install the beta version of the 2.0 OS, root the Playbook, and - with some hacking about - install the Android Market on the Playbook, thus gaining access to (slmost) the full range of Android apps (subject to some library compatibility issues which will no doubt be sorted out down the line in any case).
An Android tablet with high build quality for £169? It's a reality. OK, if you believe the hype from the late great Steve Jobs that 7 inch tablets are crap then this won't be for you. But I don't - in fact, for me the iPad always looked a bit unwieldy. So rock on with the Playbook into 2012, kids.
Ed Miliband: 2012 HAS to be better than 2011
The last few days of the year seem to have passed extraordinarily fast and I'm now conscious of the fact that 2012 is almost upon us.
For followers of the left the year could best be described as frustrating. About the best I can say for UK politics is that Ed Miliband is still in the job... and likely to remain so, despite ongoing mutterings about the quality of his leadership. He is vastly helped by the fact that most of his critics are unable to organise a piss-up in a brewery, as the "vote Labour - get Tory" LINO pressure group Progress proved with their completely inept contribution to the Yes To AV Campaign. Other maverick anti-Ed LINO forces like Dan Hodges do Ed a favour on balance by catalysing support for him more than they damage him - leading to my continuing belief that Dan is secretly in the pay of Ed's office. The classic "useful idiot".
However, just because Ed is still in the job doesn't mean he's doing a particularly good job in it. The hope with Ed was that we would see finally someone getting the Labour leadership job who combines the drive and single-mindedness (if not quite the charisma) of Tony Blair with the ideological backbone of previous Labour greats like Attlee and Wilson. What we have had so far, instead, with some honourable exceptions, is a slightly more approachable rehash of the Gordon Brown leadership style - i.e. not leadership at all; more just sitting in the middle of events waiting for something good-ish to happen. There is a memorable sequence from James MacIntyre and Mehdi Hasan's autobiography Ed where Ed goes on a radio phone in (maybe Radio 5 Live?) sometime in the new year of 2011, and the only thing callers are really interested in talking about is how he "knifed his brother in the back" to become Labour party leader. Twelve months on, if Ed were to go on the same phone in show, I'm sure much the same would happen. And after 12 months of these insane ConDem austerity measures and economic failure, that's simply not good enough. Labour ends 2011 in no better a polling position than it began - indeed, in the wake of the "veto" farce, Cameron's personal ratings have actually improved substantially. This is, to put it mildly, bad news.
To turn things around, Ed needs to observe one very simple maxim of politics; it's hard for a leader to be successful unless he/she is prepared to get out there and bloody LEAD. I have heard a story - which could be apocryphal, but it rings true, so I'll tell it anyway - that when Alan Johnson resigned as Shadow Chancellor Ed locked himself in his office for 2 hours not talking to anyone because he was so depressed that he'd have to give Ed Balls the job. Apparently because Ed Miliband is scared of Ed Balls. What does that tell us, if true? It tells us that Ed Miliband needs a kick up the backside and to grow back the spine that was so in evidence during the summer 2010 leadership contest. Listen son, Ed Balls is a washed-up also-ran in leadership terms. Tony Blair was scared of Gordon Brown because the two of them chose a stitch-up deal over a leadership contest in 1994 - enabling Brown to argue, however implausibly, that he had been denied the crown that was rightfully his. By contrast, Ed Balls fought as a candidate in the Labour leadership election - and was absolutely f***ing WALLOPED, finishing a very poor third. This guy, in Labour leadership terms, is HISTORY. I can understand Ed M being worried about a possible leadership challenge from his brother David, still sullen and watchful on the sidelines. But Ed Balls? No bloody way.
So Ed (M) is the leader... and so he needs to lead. That means not being scared of Ed Balls and it means refusing to bow down to the inflated paper tiger that is Progress. In practical terms, what does this mean Ed should do in the new year?
Firstly, he should make a number of keynote speeches fleshing out his very promising but underdeveloped ideas from the 2011 conference speech for a (much) better capitalism - squashing predatory businesses to open up space for the real producers. That has to mean a much smaller financial sector and much more for manufacturing, green jobs, the creative industries, and hugely underfunded sectors like social care. Together with a tax and corporate governance system system focused strongly on redistribution of income, wealth and power in favour of working people - the "squeezed bottom and middle", ambitious moves to increase gender equalities, and subsidies for education and innovation. Basic, obvious, centre-left stuff, articulated well by the left pressure group Compass, the Green Party, and academics like Martin O'Neill of York University. If Labour can't support a moderate social democratic programme along these lines there really is no point whatsoever in the party.
At the same time, he needs to accuse Progress of being a right-wing analogue to the extreme-left infiltrators of the 1980s - Militant et al - whose main objective is to destroy the Labour party. If this results in a handful - or even a few thousand - of the most ardent right-wing LINOs jumping ship to the Coalition, oh happy day! Labour's hard right is a huge albatross around its neck and probably the biggest internal hurdle to its return to power.
Thirdly, Big Guns need to be fired at the Coalition on a pretty much daily basis. This is happening a bit at the moment but in a far too reserved manner. Tony Blair had some good lines of attack in the mid-1990s which can be dusted off here - the weird thing is that although New Labour was largely a failure in policy terms, the rhetoric 1994-97 was actually pretty good. For example, "tacking the bills of social and economic failure" is a phrase that resonates completely with Ed Balls's critique of the Osborne austerity measures - which are fatally damaging Britain's economic capacity.
Lastly, there desperately need to be some big policies which the Labour Party can hang its message on. Again, New Labour had some totemic policies despite being weak on detail - windfall tax on privatised utilities, minimum wage, smaller class sizes, etc. The Labour Party policy review seems to have produced nothing of value so far and with Liam Byrne at the helm that was always the risk - indeed I now believe that the whole operation was a ruse by Ed to divert the energy of the Labour right into the minutiae of policies that would never see the light of day while he ran a parallel operation in his own office. But if that is what has happened, the parallel operation needs to produce concrete results very soon. As far as I can see there are two reasons that few people trust Labour on the economy; firstly because they presided over the worst recession since the 1930s (in fact recent data show that in the UK it's actually worse than the 1930s), and secondly because Labour has given no indication of how things would be any different in future if they were returned to power. Giving a clear indication of how Labour would do it differently this time round is an absolute prerequisite for standing any chance of winning the next election; and the greatest failure of Ed Miliband is that, over a year into his leadership, almost nobody has any idea how a Labour government would make life better for people in the UK or elsewhere. That is something he has to address in 2012. If he doesn't, I think he'll still survive in the job until 2015; but he'll be out on his ear after an election defeat.
(note: reading this back I'm very conscious that there are no links etc., mainly because it was stream of consciousness stuff and I had to motivate myself to write fast, or not at all. I'll try to put some links in tomorrow... if I get time. Otherwise, you know where Google is.)
19 December 2011
That which survives.....(Part 1)
Family being in New York City prior to Xmas means I've been off the airwaves so it looks unlikely my co-author and I will make the requisite 100 posts by year end - however, in another Star Trek entitled post, on a day when the world pondered the end of one of its worst tyrants whilst still in mourning for one of the greatest statesemen of the last three decades , it's worth contemplating their respective legacies.
Friends credit me with a near obsession with the small South East Asian country North of the 38th parallel, so the messages have been flooding in regarding the death of Kim Jong-il. A spat with Guardian journalist Owen Jones will be raised in a latter post, but I'm compelled to write by an extraordinary article by Neil Clark in The Guardian which has provoked a mixture of anger and utter bewilderment across my Twitter colleagues.
The Left is at some pains, (and I include the co-author of this blog)to distance movements such as the soon to be defunct Occupy, UK Uncut, and even Ed Miliband's Renewed Labour Party from the USSR. I am confident thus, we'll see people disavowing Clark and hoping that his truly mindbending article can be attributed to shaaring the same grief we see on the brainwashed citizens of the Korea DPR. Based on my co-author's comment to Telegraph writer Ed West:
'Can Imagine the uproar if a Telegraph comment piece contained the words, fascism, for all it's faults'
which drew:
'I thought that was pretty much what the Telegraph does say day after day'
I'm not that hopefulful. For anyone, thinking I'm exaggerating, please feel free to head to Tallinn, Vilnius, Riga, Warsaw, Budapest, Bratislava, Podgorica, Ljubljana and the rest and translate this piece which you have to reread multiple times to quite take in:
'Or the fact that communism, for all its faults, was still a system which put the economic needs of the majority first.'
And who said Kim Jong- il was the last communist on Earth? - it would appear we have one right here in our midst - 'That which survives'.....
Friends credit me with a near obsession with the small South East Asian country North of the 38th parallel, so the messages have been flooding in regarding the death of Kim Jong-il. A spat with Guardian journalist Owen Jones will be raised in a latter post, but I'm compelled to write by an extraordinary article by Neil Clark in The Guardian which has provoked a mixture of anger and utter bewilderment across my Twitter colleagues.
The Left is at some pains, (and I include the co-author of this blog)to distance movements such as the soon to be defunct Occupy, UK Uncut, and even Ed Miliband's Renewed Labour Party from the USSR. I am confident thus, we'll see people disavowing Clark and hoping that his truly mindbending article can be attributed to shaaring the same grief we see on the brainwashed citizens of the Korea DPR. Based on my co-author's comment to Telegraph writer Ed West:
'Can Imagine the uproar if a Telegraph comment piece contained the words, fascism, for all it's faults'
which drew:
'I thought that was pretty much what the Telegraph does say day after day'
I'm not that hopefulful. For anyone, thinking I'm exaggerating, please feel free to head to Tallinn, Vilnius, Riga, Warsaw, Budapest, Bratislava, Podgorica, Ljubljana and the rest and translate this piece which you have to reread multiple times to quite take in:
'Or the fact that communism, for all its faults, was still a system which put the economic needs of the majority first.'
And who said Kim Jong- il was the last communist on Earth? - it would appear we have one right here in our midst - 'That which survives'.....
13 December 2011
Tories hoovering up UKIP and in the lead
Following my previous post today, YouGov has come out showing the Tories with a 2 point lead (41%, their highest polling since 2009 I think) while UKIP sinks to 3%. Labour, on 39%, is marginally down on where it has been polling recently, but the real story here is the transfer of voting intention from UKIP to the Tories. The question is: could a very Eurosceptic Tory party manage to hoover up most of that UKIP vote while hanging on to more pro-European voters in an election campaign, and thus building the kind of 40%+ coalition that could perhaps win a general election majority? Are there in fact any pro-European Tories left, or have they all died or signed with Nick Clegg? And what the f*** is Nigel Farage gonna do now the Tories are parking tanks on his lawn?
I remain of the feeling that this is a short-term bounce... but on the other hand, the long term is in many ways a series of short terms, so further convulsions in the Eurozone could allow Dave to run and run with this. Are we having fun yet?
12 December 2011
Labour post-"veto": the Kool-Aid drinkers return
Jeez Mick, if you want a bunch of professional doom-mongers, go to any Labour party blog and hang out there awhile. 72 hours after an initial euphoria at the stupidity of David Cameron's "veto" on the EU treaty, bloggers on the left are now doing their usual Kool-Aid act. Of course we'd expect to find ultra-LINO Telegraph blogger Dan Hodges doing his normal anti-Ed wail ("Miliband stranded in the middle of the English channel" indeed), but we've also got relatively sane people on Twitter - e.g. Sunny Hundal of Liberal Conspiracy - saying that Labour's been outmanoeuvred by Cameron.
Is this correct? I identified this possibility pretty early on, and I wasn't sure. I'm still not sure, but overall I think probably Ed Miliband is actually in a much stronger position than his critics, although Cameron certainly could get lucky out of this.
The truth is, the veto has achieved nothing in concrete terms at all for Britain as long as we remain in the EU. Some kind of deal will proceed with Britain excluded from the negotiations. The terms of the treaty on issues like financial regulation will cover Britain as an EU member. There will be some more legal shenanigans but the EU will be able to negotiate these. Cameron achieved no concessions or quid pro quos whatsoever. In short, as a negotiator Dave was a disastrous flop. Ed pointed all this out - very effectively - in the Commons today.
But as political theatre, Thursday's "veto" was a brilliant stroke. It gives Cameron, not a very popular PM to start off with, a big political boost based on the rabid anti-EU print media reporting that he's fighting for Britain's interests - the old "bulldog" line. Dave's doing no such thing of course: he's fighting for the rogue state which is the City of London, and none too effectively at that. But a poll for ComRes apparently shows that 57% support the PM's "veto" decision (I'd like to link to that but it was an unlinked source from Twitter). John Harris quotes similar statistics in an excellent Guardian article.
That backs up what I said in my last post - anti-EU jingoism is popular. At least, initially. John Harris's line is that Europhobia is now the mainstream majority position. On headline polling, yes: but I'm not sure people really give a shit enough about it one way or the other to turn out in droves and vote the Tories in with a majority based on this one issue. If that is the case why isn't UKIP way out in front in the polls rather than on about 7% max? The post-"veto" polling shows a small swing to the Tories but based on a transfer of support from UKIP rather than any wider movement of support - which is what I'd expect. And given that most of the business community appears to think the "veto" was crazy, in an election campaign I'd expect centrist support to fall away from the Tories - leaving them with William Hague's rump vote of 2001 once again.
There is one situation where Dave might see long term benefit from "the veto": if the Eurozone falls apart, and maybe the EU with it, Dave can say "I told you so" and become a kind of visionary. That would be a powerful argument. But I think it's still a long shot, although possible; more likely is that treaty change will force the ECB into becoming a proper central bank prepared to do QE to save the Eurozone, combined with fiscal union further down the line.
In the meantime, Ed Miliband can strengthen his position by coming off the fence and openly saying he would have signed the treaty - and then worked within the treaty framework for Britain's interest. That's what all previous PMs including Thatcher and Major would have done and it's a strong line which effectively exposes Cameron as a seat-of-the-pants amateur. Ed could also add that getting on board with the treaty is the UK's best chance of helping avoid a Eurozone breakup, which gives him the opportunity to say to Dave, "it's your fault" if the Euro does fail.
But yeah, I'm beginning to wonder whether I should send leading Labour bloggers boxes of anti-depressants - and I'm not even a Labour party member or supporter. Cheer up guys, for f***'s sake.
09 December 2011
Europe: has Cameron played a blinder by accident?
The general consensus reaction to the EU treaty negotiations last night is that they were a disaster for Dave Cameron and for Britain. Having vetoed changes to the Lisbon Treaty which would have started to move the Eurozone toward fiscal union, Cameron was then sidelined as the Eurozone states - plus 6 other countries - opened negotiations for a new deal outside the treaty framework which would create a "two-tier" EU with the UK on the outside track. According to the FT,
But was it really a disaster for Cameron? Or could it in fact be the start of his biggest triumph? It seems to me that - although he didn't go into the negotiations wanting this outcome, and Europe has been a constant headache for him this year - Cameron may have accidentally come out of this summit in a strong position. With Britain isolated at the negotiating table, Dave now has the viable option of calling a referendum on Britain's membership of the EU - which he could well (if current opinion polling is any guide) win. We know that the majority of grassroots Tories, and many of the MPs, want to leave the EU. This would be Cameron's opportunity to shore up his position and delight the right of the party, who have been in the ascendancy since the 1980s at least.
The Lib Dems would probably leave the coalition if Cameron decided to go for a referendum on Europe (although who knows? They've swallowed much more bullshit than that without complaining in the last 18 months) but if so, Cameron would be tempted to call a general election on the EU issue. As far as I know the fixed term parliament bill is not on the statute book yet so he remains free to ask for a dissolution should he so wish... CORRECTION: Chris Brooke points out in the comments that it IS on the statute book so he can't ask for a dissolution immediately (but see comment thread below). Maybe 2012 will turn out to be an election year? Stranger things have happened.
Several diplomats said Mr Cameron emerged from Friday morning’s negotiations deeply wounded, angering fellow EU leaders and getting no trade-offs for British interests.
But was it really a disaster for Cameron? Or could it in fact be the start of his biggest triumph? It seems to me that - although he didn't go into the negotiations wanting this outcome, and Europe has been a constant headache for him this year - Cameron may have accidentally come out of this summit in a strong position. With Britain isolated at the negotiating table, Dave now has the viable option of calling a referendum on Britain's membership of the EU - which he could well (if current opinion polling is any guide) win. We know that the majority of grassroots Tories, and many of the MPs, want to leave the EU. This would be Cameron's opportunity to shore up his position and delight the right of the party, who have been in the ascendancy since the 1980s at least.
The Lib Dems would probably leave the coalition if Cameron decided to go for a referendum on Europe (although who knows? They've swallowed much more bullshit than that without complaining in the last 18 months) but if so, Cameron would be tempted to call a general election on the EU issue. As far as I know the fixed term parliament bill is not on the statute book yet so he remains free to ask for a dissolution should he so wish... CORRECTION: Chris Brooke points out in the comments that it IS on the statute book so he can't ask for a dissolution immediately (but see comment thread below). Maybe 2012 will turn out to be an election year? Stranger things have happened.
07 December 2011
The Deadly Years
Having been recommended two links by my erstwhile Co-editor, Hal Berstram, time for another Star Trek entitled post. The first was a superb BBC Documentary detailing the denouements of events at the Royal Bank of Scotland: RBS: Inside the Bank that ran out of money was a quite staggering tale of hubris, arrogance and a group of people who believed their own hype, not realising that their strategy was effectively a giant house of cards. Notorious former chief executive Fred 'the Shred' Goodwin is arguably the biggest bastard revealed in the course of the documentary but effectively the entire board failed utterly in its duty of car to the customer and the investor. That they have all been rewarded quite handsomely for the failure speaks volumes about the state of UK finance today. The second link was another acerbic, and very timely piece by Larry Elliott, Economic editor (and arguably the best columnist) in the Guardian, describing the current economy as like something out of a George A.Romero Production
What lessons can we learn about the Best way forward? Arguably the closest historical parallel in recent times (as opposed to the 1930s) is offered by the Japanese experience. Since the collapse of a massive commodity boom at the tailend of the late 1980's, Japan has experienced at least one, and some commentators would say two 'Lost decades' with anaemic growth rates, ongoing price deflation and general economic stagnation. The reason why the Japanese example is, for me, so relevant today, is I, and I'm assuming a ,lot of other 'normal' Newspaper/online news junkies have lost count of the number of 'stimulus packages' or 'deficit reduction programmes' which have been produced or mooted to bail out the Eurozone. It is eerily reminiscent of Japan during the 1990's where a succession of governments whose initially lukewarm reception sank to usually single digit poll ratings put stimulus package after stimulus package forward, and nothing seemed to have any impact. Elliott's 'zombie banks' phrase originated in the land of the Rising sun, although it was applied to any enterprise (not just bank) which was considered 'Too Big to fail'. A small recovery was only possible (in the latter part of the 1990s and early in this century) when a reforming Finance minister basically forced his country's banks to confess up the scale of their losses. Given the globalisation of the economy in the last decade, increased external pressure has meant, like every other G30 economy Japan has been buffeted by the ongoing global economic crisis, and the March tsunami has also caused major structural damage, both literally and in an economic sense for a manufacturing economy highly sensitive to production delays, but nevertheless, they are well ahead of the West on this particular curve.
The worry for Western policymakers is that having visited Japan, and seen their country's infrastructure, organisation and efficiency as immeasurably superior to almost any European country I have visited (Aside from maybe Germany, Norway and Denmark), one wonders how long it will take the UK and the rest of Europe to recover from a similar toxic scenario of wildly inflated asset prices (UK housing anyone?), massive debts and economic sclerosis. Lest we forget the Japanese savings ratio is significantly higher than the UK, their populace is amongst the world's most educated. They are culturally somewhat 'old school' and work hard, with minimal expectation of the state providing for them in the event of an emergency. Their 'Deadly Years' have already lasted for almost two decades. Given the damage wrought by 5 decades of Socialist education policies, the level of dependency created by Labour in the period 1997 to 2010 and the collapsing state of UK infrastructure, how long will our own 'Deadly Years' endure for?
What lessons can we learn about the Best way forward? Arguably the closest historical parallel in recent times (as opposed to the 1930s) is offered by the Japanese experience. Since the collapse of a massive commodity boom at the tailend of the late 1980's, Japan has experienced at least one, and some commentators would say two 'Lost decades' with anaemic growth rates, ongoing price deflation and general economic stagnation. The reason why the Japanese example is, for me, so relevant today, is I, and I'm assuming a ,lot of other 'normal' Newspaper/online news junkies have lost count of the number of 'stimulus packages' or 'deficit reduction programmes' which have been produced or mooted to bail out the Eurozone. It is eerily reminiscent of Japan during the 1990's where a succession of governments whose initially lukewarm reception sank to usually single digit poll ratings put stimulus package after stimulus package forward, and nothing seemed to have any impact. Elliott's 'zombie banks' phrase originated in the land of the Rising sun, although it was applied to any enterprise (not just bank) which was considered 'Too Big to fail'. A small recovery was only possible (in the latter part of the 1990s and early in this century) when a reforming Finance minister basically forced his country's banks to confess up the scale of their losses. Given the globalisation of the economy in the last decade, increased external pressure has meant, like every other G30 economy Japan has been buffeted by the ongoing global economic crisis, and the March tsunami has also caused major structural damage, both literally and in an economic sense for a manufacturing economy highly sensitive to production delays, but nevertheless, they are well ahead of the West on this particular curve.
The worry for Western policymakers is that having visited Japan, and seen their country's infrastructure, organisation and efficiency as immeasurably superior to almost any European country I have visited (Aside from maybe Germany, Norway and Denmark), one wonders how long it will take the UK and the rest of Europe to recover from a similar toxic scenario of wildly inflated asset prices (UK housing anyone?), massive debts and economic sclerosis. Lest we forget the Japanese savings ratio is significantly higher than the UK, their populace is amongst the world's most educated. They are culturally somewhat 'old school' and work hard, with minimal expectation of the state providing for them in the event of an emergency. Their 'Deadly Years' have already lasted for almost two decades. Given the damage wrought by 5 decades of Socialist education policies, the level of dependency created by Labour in the period 1997 to 2010 and the collapsing state of UK infrastructure, how long will our own 'Deadly Years' endure for?
Labels:
bank nationalisation,
global economic collapse,
Japan,
RBS
01 December 2011
The importance of watching whole interviews: a salutary lesson
I'm glad now that I didn't go with my kneejerk reaction to contact the Met Police regarding Jeremy Clarkson, as the release of the full transcript of his One Show appearance shows that basically he was trying to be funny. Reproduced below:
This is a textbook example of what is called "attitudinising" - adopting a particular position as a posture. Jeremy Clarkson doesn't strikers, I'm fairly sure. And he has a fairly duff line in comedy. But he's not seriously calling for the adoption of Chile's Pinochet regime in the US.
And next time I'll do my homework better before posting stuff off Twitter. I'm trying to up the number of posts but it's no excuse for writing complete cack. Sorry, people.
Matt Baker: Now, at the end of a day where Britain has seen some of its biggest strikes, what we need is someone calm and level-headed.
Alex Jones: Yep, a guest with balanced, uncontroversial opinions, who makes great effort not to offend.
Matt Baker: And we've got Jeremy Clarkson!
[studio laughs]
Jeremy Clarkson: Thank you very much.
Matt Baker: So Jeremy, schools, hospitals, airports, even driving tests have been affected. Do you the strikes are a good idea?
Jeremy Clarkson: It's been fantastic. Seriously, never had … London today has just been empty. Everybody stayed at home, you could whizz about, your restaurants were empty.
Alex Jones: The traffic actually has been very good today.
Jeremy Clarkson: Very light. Now airports, you know, people streaming through with no problems at all and it's also like being back in the 70s, it makes me feel at home somehow.
Alex Jones: Do you know anybody who …
Matt Baker: [interrupts – inaduiable] – being on strike today?
Jeremy Clarkson: What, in public service? Of course I don't. No, absolutely. We have to balance it though, don't we because this is the BBC.
Alex Jones and Matt Baker: Exactly.
Jeremy Clarkson: Frankly, I'd have them all shot!
[studio laughs]
Jeremy Clarkson: I would take them outside and execute them in front of their families. I mean how dare they go on strike when they've got these gilt-edged pensions that are going to be guaranteed while the rest of us have to work for a living?
Matt Baker: Well, on that note of balancing an opinion of course those are Jeremy's views.
Jeremy Clarkson: I just … ! I was just giving two views for you!
Alex Jones: Well, we will be talking to Jeremy more later.
This is a textbook example of what is called "attitudinising" - adopting a particular position as a posture. Jeremy Clarkson doesn't strikers, I'm fairly sure. And he has a fairly duff line in comedy. But he's not seriously calling for the adoption of Chile's Pinochet regime in the US.
And next time I'll do my homework better before posting stuff off Twitter. I'm trying to up the number of posts but it's no excuse for writing complete cack. Sorry, people.
The High Ground
Which was the title of Star Trek: The Next Generation's 60th episode, but an appropriate one for the response to prize clown Jeremy Clarkson's highly contentious comments on an early evening chat show yesterday, where he called for the Striking workers to be 'taken out and shot' in front of their families. This has caused the customary furore, no better illustrated than my co-blogger pressing for Clarkson's prosecution for 'Hate Crimes', amongst a variety of 'Twitterati, New Statesman bloggers and Guardian journalists, as well as the Unions behind yesterday's industrial action. In fairness to him, he confesses to 'severe misgivings' over hate crime legislation, and in the wake of UNISON deciding to use its membership fees to press for police action against the presenter, he has ceased the action.
There are, however, strange Double standards at work for the Left here. One of the most prominent Leftist 'Twitterati' member is the New Statesman blogger Sunny Hundal, who in this entry bemoans the fact that the remarks 'weren't comedy' and parrots the line that the BBC 'is overwhelmingly right wing'. Given Star Trek's Liberal use of alternative dimensions and parallel universes you could be forgiven for thinking you've stumbled into one here. Possibly in comparison with the
KCNA website, their output might be characterised as right of centre but otherwise it's certainly well to the Left of any political spectrum bar, perhaps an ILEA one of the mid 1980's wherein Trotskyites were defined as 'the Right'. Perhaps, most telling, is his comment that 'Let's not have Tories complain about 'PC gawn mad' and 'have a sense of humour' when they get so uppity at 'small jokes' themselves'.
This echoed my reaction on this blog to the interview given by mayoral candidate Ken Livingstone to Total Politics magazine where he equated the coming mayoral election with World War Two: (and implicitly, if not directly, Opponent Boris Johnson to Hitler) Strangely Hundal was noticeably silent on that issue. But why stop there? Prior to that point, Livingstone had also compared his rival's chief of staff to Serbian War Criminal Ratko Mladic , and subsequently, he remarked to Hammersmith and Fulham councillors proposing the redevelopment of a Council Estate, that they should be 'burned in hell with their flesh flayed by demons for all eternity', and called for the execution of Chancellor George Osborne. That's the trouble with this kind of thinking, it invariably escalates, and for the Left, the trouble as I tried to point out in my post on the Johnson/Hitler comparison, is that if you take vicarious offence on behalf of every 'minority' and try to censure the terms of the debate, then you'd better be pretty secure on the moral high ground or you'll come tumbling down. As it stands, all they've done, really is to make themselves look both priggish, petty, small-minded , and probably increase sales of 'Top Gear' DVDs by about 100,000 heading into the Xmas period.
It is worth quoting arguably one of the greatest politicians of the last 30 years, Lord Tebbit, who gives a sense of how both sides of the political fence today come across as Latter-day Neros - the fact that Mr.Ed sought to force Cameron to 'disown' the ludicrous Clarkson remarks, is on a par with Hague and Blair in 1998 debating the fate of Soap character Deirdre Rachid.:
'There are plenty of other matters crying out for attention. Despite all the promises and protestations, immigration is unchecked. While the Left wrings its hands at the appalling unemployment figures, it hides its face from the truth. Last year the number of UK nationals in work fell by 280,000. The number of foreigners rose by 147,000.
Perhaps it is time we asked why our own people are not finding work when people from overseas do. Is it our schools that are failing to produce young men and women with the skills, aptitudes and self-discipline needed to find work? Is it that the benefits culture has become so deep-rooted that idleness is the preferred option?
Whatever it is, the cost is appalling and stretches out into the future. Not just the economic and social costs of those unwilling or unsuitable to work, but the huge cost of providing infrastructure to support an ever increasing army of immigrants and their dependents. Schools, hospitals, roads, water and sewage works, power stations – none of which we would need if our own people took the jobs that are there for the taking.
The papers, but not the BBC, report on a daily basis the bizarre decisions of judges who fail to punish criminals with long records of crime, and others who think it is their duty to ignore the interest of we taxpayers who pay them. They’d rather allow foreign criminals to stay here to pursue their lives of crime.
Wherever one looks, be it Parliament, the Civil Service, the judiciary, local government or indeed the top management of public companies, the hired help behaves as though it were the owners, not the servants of the true owners, of the institution that pays their wages.'
In the context of the litany of woe above, a man known as someone 'whom the Hard Left feared'(and I would say, still fear) spells out the real issues facing us. Is it any wonder people like Sunny Hundal would have us worry about trivial, ridiculous comments?
There are, however, strange Double standards at work for the Left here. One of the most prominent Leftist 'Twitterati' member is the New Statesman blogger Sunny Hundal, who in this entry bemoans the fact that the remarks 'weren't comedy' and parrots the line that the BBC 'is overwhelmingly right wing'. Given Star Trek's Liberal use of alternative dimensions and parallel universes you could be forgiven for thinking you've stumbled into one here. Possibly in comparison with the
KCNA website, their output might be characterised as right of centre but otherwise it's certainly well to the Left of any political spectrum bar, perhaps an ILEA one of the mid 1980's wherein Trotskyites were defined as 'the Right'. Perhaps, most telling, is his comment that 'Let's not have Tories complain about 'PC gawn mad' and 'have a sense of humour' when they get so uppity at 'small jokes' themselves'.
This echoed my reaction on this blog to the interview given by mayoral candidate Ken Livingstone to Total Politics magazine where he equated the coming mayoral election with World War Two: (and implicitly, if not directly, Opponent Boris Johnson to Hitler) Strangely Hundal was noticeably silent on that issue. But why stop there? Prior to that point, Livingstone had also compared his rival's chief of staff to Serbian War Criminal Ratko Mladic , and subsequently, he remarked to Hammersmith and Fulham councillors proposing the redevelopment of a Council Estate, that they should be 'burned in hell with their flesh flayed by demons for all eternity', and called for the execution of Chancellor George Osborne. That's the trouble with this kind of thinking, it invariably escalates, and for the Left, the trouble as I tried to point out in my post on the Johnson/Hitler comparison, is that if you take vicarious offence on behalf of every 'minority' and try to censure the terms of the debate, then you'd better be pretty secure on the moral high ground or you'll come tumbling down. As it stands, all they've done, really is to make themselves look both priggish, petty, small-minded , and probably increase sales of 'Top Gear' DVDs by about 100,000 heading into the Xmas period.
It is worth quoting arguably one of the greatest politicians of the last 30 years, Lord Tebbit, who gives a sense of how both sides of the political fence today come across as Latter-day Neros - the fact that Mr.Ed sought to force Cameron to 'disown' the ludicrous Clarkson remarks, is on a par with Hague and Blair in 1998 debating the fate of Soap character Deirdre Rachid.:
'There are plenty of other matters crying out for attention. Despite all the promises and protestations, immigration is unchecked. While the Left wrings its hands at the appalling unemployment figures, it hides its face from the truth. Last year the number of UK nationals in work fell by 280,000. The number of foreigners rose by 147,000.
Perhaps it is time we asked why our own people are not finding work when people from overseas do. Is it our schools that are failing to produce young men and women with the skills, aptitudes and self-discipline needed to find work? Is it that the benefits culture has become so deep-rooted that idleness is the preferred option?
Whatever it is, the cost is appalling and stretches out into the future. Not just the economic and social costs of those unwilling or unsuitable to work, but the huge cost of providing infrastructure to support an ever increasing army of immigrants and their dependents. Schools, hospitals, roads, water and sewage works, power stations – none of which we would need if our own people took the jobs that are there for the taking.
The papers, but not the BBC, report on a daily basis the bizarre decisions of judges who fail to punish criminals with long records of crime, and others who think it is their duty to ignore the interest of we taxpayers who pay them. They’d rather allow foreign criminals to stay here to pursue their lives of crime.
Wherever one looks, be it Parliament, the Civil Service, the judiciary, local government or indeed the top management of public companies, the hired help behaves as though it were the owners, not the servants of the true owners, of the institution that pays their wages.'
In the context of the litany of woe above, a man known as someone 'whom the Hard Left feared'(and I would say, still fear) spells out the real issues facing us. Is it any wonder people like Sunny Hundal would have us worry about trivial, ridiculous comments?
Labels:
"The Coalition",
Ed Miliband,
Jeremy Clarkson,
Sunny Hundal
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