Pep Guardiola is a genius.
http://www.timesonline.co.uk/tol/sport/football/european_football/article6394686.ece
Pep Guardiola is a genius.
http://www.timesonline.co.uk/tol/sport/football/european_football/article6394686.ece
So far there have been 13 political casualties as a result of the MP’s expenses disclosures. These are MP’s who have been shamed into standing down due to claims on phantom mortgages, moat cleaning, dry rot treatment on properties miles away from their constituencies, claiming rent paid to their children, duck houses, husbands and wives claiming on both their homes.
But are any of them standing down now and triggering by elections which could help put an end to all this ? Good lord no.
Instead they are standing down at the next election. And in the meantime they are continuing to be paid their salaries, pension contributions, crazy expenses and then at the end of their service a huge end of service contribution to help them adjust back to civilian life.
What kind of fools do they take us all for ? Hardly paying a heavy price are they.
This seems to be the conversation nobody wants to have, so in my usual bull in a china shop style, I’m going to barge in and start it off.
Forgetting about the past, but with a £74m wage bill, a whole bunch of overpaid, underperforming and past it players who don’t care, a recruitment policy that hasn’t thought about the future, and with a set up that is seriously unsuited to the Championship, what do Newcastle need to do to turn the club around and what is the best they can now expect ?
First article I’ve seen making an explicit link between the excesses of our bankers and MPs, and our national addiction to property.
“They should erect a monument to Kirsty Allsop outside the Commons as a grim reminder of what happens when people are addicted to the drug of property”
“The scandal of MPs second homes is important because it was both a symptom and cause of the crisis”
Don’t agree with the suggested remedy but an excellent read nonetheless
Well not yet, but outlook has been revised to negative. This is significant. FTSE and sterling have been hit hard today.
http://www.guardian.co.uk/business/2009/may/21/standard-poors-uk-economic-outlook?commentpage=1
Doesn’t mean we are going bust, but it does mean that investors will lose confidence in UK assets.
S&P have downgraded the outlook for the UK economy citing worries about the country’s ballooning budget defecit. Brown hasn’t taken the necessary steps to address it.
If we get downgraded and lose our AAA rating, then it will be quite serious. It’s already happened to Spain, Greece, Ireland and Italy. Their debt is costing them a lot more and there has been an exit from their assets. Watch out for more tax increases and spending cuts from the next government.
PS was in a country earlier this week where the government had gone bust and they had been bailed out. What happened ? The government collapsed and an interim government of technocrats has come in to take some very tough measures imposed by the EC and IMF. But for most people, life carries on as normal people accept it, carry on going into work, and just get on with things.
Plus a pretty insightful comment piece from Rachel Sylvester in this morning’s Times.
before the current government collapses and early elections are called
http://newsimg.bbc.co.uk/1/hi/uk_politics/8055970.stm
First MP’s expenses
Now the speaker
Then the European elections in a fortnight’s time
Couldn’t have come at a worse time, as there are an awful lot of serious economic problems to fix.
Momentum is picking up. Trust in politicians is in tatters. Won’t be long now
PS Am out in Eastern Europe for a couple of days and its 30 degrees. just done a tour round a building in a hard hat and protective gear and there was no aircon. About to dive into a cold bath ! (which makes a change from the weekend when my son’s footy tournament was rained off)
… until your child’s information is burned to a CD-R and left on a train?