How to fix banking

'Everything', well almost

I'm on the way to the bank I'm on the way to the bank
Gordon Brown tells us he will do "everything it takes" to sort out the present crisis in the UK's banks. The Mr Fixit role appeals to him as he is by nature an interventionist. Gordon Brown loves the 'big state' way of working and has personally waited years to be the Prime Minister of such a thing. Many people thought that Brown's dislike of the euro indicated a dislike of the EU. Not so I suggest. I would imagine Brown has a soft spot for the EU and looks fondly upon the interventionist policies of its élite. While we could never describe Brown as a friend of Peter Mandelson he is, to use that weasel word, a colleague. As we know Mandelson is one of the EU élite and so all is well, or is it? What about another of the élite, European Union (EU) Competition Commissioner, Neelie Kroes? For Kroes has had words with Brian Cowen the Taoiseach of Ireland about his plan to give total security to deposits in Irish banks, see HERE.

Brown has not gone as far as Cowen with deposit safety and as a result there is a suggestion that money is already flowing into Ireland from UK accounts.

For or against?

The end of the line for banking as we know it

Banking stops here?Banking stops here?
All this is being written very late on Sunday night the 28th September. This is 'Meltdown Weekend', or so they say. And I see a pattern here with our old foe the European Union.

On the subject of the European Union the debate is really simple, for or against. There are, it would seem very few 'don't knows'. The simple polar approach now applies to the financial crisis in general and the banks in particular, bail them out or let them sink. There are a few genuine don't knows and a few who don't care and are not interested either. The latter can sit with the philistines who only see the EU in terms of cheap cigarettes, booze and holidays!

Pure Denis

*Please feel sorry for these men

MacShane MacShane
Now that our MPs have signed away our rights via the Lisbon Treaty/Constitution they have very little to do as Westminster is subservient to Brussels: alas few of our MPs seem to have grasped this. No longer needed to run our affairs they use the free time to demonstrate their grasp of world events, or not as the case may be. So Denis MacShane has written in the Telegraph on the subject of Georgia and it is pure Denis, see HERE. MacShane sets off with a reference to events of 40 years ago -

Czechoslovakia was once described by a Conservative prime minister as "a faraway country of which we know nothing".

Note how the Prime Minister does not have a name and wonder how candid today's PM would be if asked a searching question about Georgia. For MacShane is confusing his readers with his quotes and may himself be confused. The quote about the faraway country was by Neville Chamberlain in 1938 (and is misquoted) and 40 years ago, 1968, Alexander Dubček was the leader of Czechoslovakia when the Russian tanks rolled across the border to end the period known as the Prague Spring.

Spies in the sky looking at YOU

Yet more loss of civil liberties

French UAVFrench UAV
Both the
and the Daily Mail write about the proposal to employ drones to further impinge on our privacy and civil liberties. They imply that this is a cross party decision by the House of Commons Defence committee. However, that committee comprises 8 labour, 4 Tory and 2 Lib Dems so is not exactly unbiassed. We never think of these things unaided, naturally there is an EU. The European Union’s joint defence ministry has signed an agreement with a consortium of European defence contractors to develop a strategy for integrating unmanned aerial vehicles into European airspace by 2015.See here

Deutsche Welle tells us that in February:

[i]The European Commission agreed to a plan to collect fingerprints and photographs from foreigners entering the EU, part of an effort to fortify the bloc's borders. The plan, which was presented on Wednesday, Feb. 13, could see EU funds used to develop surveillance equipment like cameras, sensors and pilot-less drones.

Brown not down, not yet

Nulabour old problem

Brown down?Brown down?
Now that the House of Commons is having a well deserved break for summer, or if you prefer, having a break, tradition has it that we are into the 'silly season', the period when daftness takes over. But with Gordon Brown and Nulabour's problems it seems that 'man bites dog' has been with us for months. It all began with Boris becoming Mayor of London, then there was the Crewe and Nantwich by-election, next the disastrous result at the Henley by-election when Nulabour polled fewer votes than the BNP, finally, for now, Glasgow East. Each of these events brought forth a lot of comment but the silliest so far has been post Glasgow and on the subject of how to get rid of Gordon. Few journalists and a surprising number of Nulabour MPs seem to be able to grasp that the party rule book, latest edition 2002, prevents a quick change of Leader. So look at rule 7 -

Elect the Leader and Deputy leader by the party membership .

This shows that an exchange of phone calls plus meetings by disgruntled backbenchers may set some people off in a flurry but is not allowed as basis for electing a Leader. The party membership may have dwindled considerably over the years but they, the rank and file, as they were once called are involved. So a time consuming and costly ballot of party members would be essential.

Syndicate content