As you’ve probably noticed, there’s been a 2½ year gap since my last post. I shan’t go into detail, but suffice to say that I’ve had many more important things to do, unfortunately. I’ve also moved the blog to another platform, which should make it easier to manage and post to, even from mobile devices. Such is the power of Android.

Very little has changed in the meantime, except that the country’s on its knees, thanks to the Labour Government’s mismanagement and “light touch” regulation of the financial services industry. Not that the Conservative Party would’ve been any better – indeed, they were pushing for even less regulation. That’s conveniently forgotten about these days. Few would’ve thought that over the past three years or so that things would end up this bad.

I’ve always wondered if David Cameron or Nick Clegg anticipated that we’d see such a large decrease in living standards (or that incomes remain static or even fall, as household costs rise). While the economy was discussed during the leaders debate, as far as I can recall nobody admitted that the economy would end up in such a mess, and that the vast majority of the population would end up shouldering tax hikes and enjoying a severe reduction in public services, while CEOs and directors creamed even more money out of publicly-listed companies, and ditto senior bank staff looting from the state-owned banks we had the misfortune to bail out.

In better economic times, we’d have looked back at the premiership of Gordon Brown with humour; sadly, we don’t have that luxury. It was a time of abject horror, and this has become even more apparent in the 18 months since, not less so. His one saving grace was that he kept the UK out of the Eurozone; however, this is more likely to be due to accident rather than by design. A case of incompetence having a fortuitous outcome for once.

Gordon Brown, Incompetence, on the ropes, recession, Sterling No Responses yet

A wonderful cartoon by Steve Bell on display in the window of the instrument repairer’s shop in Frankwell. The Shrewsbury Cartoon Festival took place during April.

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Former Merseyside PTE Leyland Atlantean A111 HLV now in use as the UKIP battle bus, with UKIP MEP Mike Nattrass on board. UKIP were the only party that I witnessed campaigning for the EU elections.

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This is a poster by the entrance to a jeweller’s shop in Welshpool.

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Spotted in the window of Derek’s Plaice fishmongers in Welshpool.

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If anybody thought that the Conservative Party would prove to be any different to New Labour while in power, then I suggest they watch this video. And only a few days after Daniel Hannan illustrated just how effective their politicians can be.

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Oh dear, I think he’s probably regretting that he went over there because of the savaging he had. You see, people, this is democracy — holding a country’s leaders accountable by one’s political representatives. It’s such a shame that there’s so little accountability at Westminster. There’s little point in writing anything constructive about this YouTube link, except that I strongly suggest people watch it. Please. And forward it. I have rarely heard such a masterly put-down in many, many years.

To compound the misery, Nigel Farage also stuck the boot in, though in not such an eloquent manner:

 

A transcript has been done of Daniel Hannan‘s wonderful three minutes of glory, and I don’t think he’d mind at all for it to be reproduced here:

 

Daniel Hannan MEP: The devalued Prime Minister of a devalued Government
Prime Minister, I see you’ve already mastered the essential craft of the European politician: namely the ability to say one thing in this chamber and a very different thing to your home electorate. You’ve spoken here about Free Trade – and amen to that. Who would have guessed, listening to you just now, that you were the author of the phrase ‘British jobs for British workers’ and that you have subsidised, where you have not nationalised outright, swathes of our economy, including the car industry and many of the banks? Perhaps you would have more moral authority in this house if your actions matched your words? Perhaps you would have more legitimacy in the councils of the world if the United Kingdom were not going into this recession in the worst condition of any G20 country?

The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around £20,000. Servicing the interest on that debt is going to cost more than educating the child. Now, once again today you try to spread the blame around; you spoke about an international recession, international crisis. Well, it is true that we are all sailing together into the squalls. But not every vessel in the convoy is in the same dilapidated condition. Other ships used the good years to caulk their hulls and clear their rigging; in other words – to pay off debt. But you used the good years to raise borrowing yet further. As a consequence, under your captaincy, our hull is pressed deep into the water line under the accumulated weight of your debt.

We are now running a deficit that touches 10% of GDP, an almost unbelievable figure. More than Pakistan, more than Hungary; countries where the IMF have already been called in.

Now, it’s not that you’re not apologising; like everyone else I have long accepted that you’re pathologically incapable of accepting responsibility for these things. It’s that you’re carrying on, wilfully worsening our situation, wantonly spending what little we have left. Last year – in the last twelve months – a hundred thousand private sector jobs have been lost and yet you created thirty thousand public sector jobs. Prime Minister, you cannot carry on for ever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt. And when you repeat, in that wooden and perfunctory way, that our situation is better than others, that we’re ‘well-placed to weather the storm’, I have to tell you that you sound like a Brezhnev-era apparatchik giving the party line. You know, and we know, and you know that we know that it’s nonsense! Everyone knows that Britain is worse off than any other country as we go into these hard times. The IMF has said so; the European Commission has said so; the markets have said so – which is why our currency has devalued by thirty percent. And soon the voters too will get their chance to say so. They can see what the markets have already seen: that you are the devalued Prime Minister of a devalued government.

Gordon Brown, Incompetence, on the ropes No Responses yet

Mar 02

Contrition?

Tomorrow’s Daily Telegraph reports that ministers must show “humility” to admit that mistakes had been made in the run up to the recession, and that lessons must be learnt. The small problem is that it’s too late to launch such a rescue plan; the public have finally started to see through this bunch of incompetent cowards who aren’t running the country, so no matter how many of them will decide to adorn themselves in sackcloth and ashes (which would be good for a laugh if nothing else), as a damage limitation exercise it won’t work.

Now is a good opportunity for the Tories to make material advantage at PMQs, were it not for the fact that it’ll be Harriet Harperson and William Vague facing each other. Oh to see Ken Clarke opposite her, but concensual politics is the only way to try to dig the country out of this hole, thus a Government of National Unity is desperately needed. Labour seem to be directing more energy towards clinging to power by their fingernails than they are towards rescuing the country from its malaise. Nothing like priorities, is there?

Alistair Darling: We made mistakes on the economy

Ministers must have the “humility” to admit that mistakes have been made by the Government in the lead up to the financial crisis, Chancellor Alistair Darling admits.

Alistair Darling: Ministers must have 'humility' to admit mistakes
Mr Darling appears to accept some of the criticism for the first time. Photo: REUTERS

In an interview with The Daily Telegraph he concedes that there are a “lot of lessons” for the Government to learn from the events that led to the downturn and concludes that the regulation of banks has been a failure.

It is the first significant admission of responsibility from a senior government figure for the current economic crisis, partly blamed on ministers allowing the financial markets to run out of control for much of the past decade.

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We shan’t miss you. One wonders though what mischief she’ll get up to now that the mangey cat is away. Watching the self-destruction of New Labour is a quite enjoyable spectator sport, but I’m going to have to get some more popcorn in. Today’s Daily Mail reports that Harperson has veered so far from the party line that she’s making it up as she goes along, and nobody is backing her up. I wonder what Gordon has in store for her when he returns?

Harman isolated as Brown refuses to back her vow to strip Sir Fred of his £693,000 pension

By James Chapman and Nicola Boden
Last updated at 3:42 PM on 02nd March 2009

Harriet Harman

Isolated: Commons Leader Harriet Harman on television yesterday when she claimed the Government would strip Sir Fred Goodwin of his pension

Gordon Brown today refused to back Harriet Harman’s pledge to strip shamed banker Sir Fred Goodwin of his £693,000 pension.

Labour’s deputy leader was looking increasingly isolated after the Prime Minister and another senior Cabinet colleague avoided repeating her astonishing declaration that the former Royal Bank of Scotland chief would not get the money even if he is entitled to it in law.

Ms Harman horrified the Treasury yesterday with the claim, which was seen as a clear indication that the Government is ready to pass a special Act of Parliament to strip him of his pension-for-life.

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