The title comes from this excellent post:
http://www.bbc.co.uk/news/business-17202429
More on the ECB loans:
http://www.telegraph.co.uk/finance/financialcrisis/9113077/European-banks-tap-ECB-for-record-529.5bn.html
http://www.telegraph.co.uk/finance/financialcrisis/9113175/European-Central-Banks-cheap-money-has-just-turned-toxic-banks-into-zombie-banks.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9114430/ECBs-Mario-Draghi-raises-the-stakes-with-trillion-euro-gamble.html
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100015335/draghi-bazooka-has-not-yet-stopped-club-med-money-collapse/
Above has a link to this:
http://www.moneymovesmarkets.com/journal/2012/2/27/eurozone-money-numbers-peripheral-m1-contraction-accelerates.html
More on the Ireland referendum and potential consequences:
http://www.spiegel.de/international/europe/0,1518,818313,00.html
http://www.telegraph.co.uk/finance/comment/damianreece/9112120/Ireland-is-getting-a-choice-which-is-more-than-other-eurozone-states.html
Finally, a look at Mrs Merkel's problems:
http://www.spiegel.de/international/europe/0,1518,818378,00.html
http://www.telegraph.co.uk/finance/financialcrisis/9114060/German-finance-minister-Wolfgang-Schaeuble-rejects-talk-of-bail-out-fund-at-EU-summit.html
UPDATE 1st March 2012
A negative German view on the ECB liquidity initiative:
http://www.spiegel.de/international/europe/0,1518,818615,00.html
See also: http://www.telegraph.co.uk/news/worldnews/europe/eu/9115590/Euroland-will-pay-for-this-monetary-madness.html
Wednesday, 29 February 2012
Tuesday, 28 February 2012
How I spent last Sunday morning
Early start for a Sunday. At 8.50AM I was outside The Imperial pub in Southborough along with colleagues from Tunbridge Wells Mental Health. Our purpose: to act as marshals for the Tunbridge Wells Half-Marathon. On with the bright yellow garment and then a walk to my first position, outside Tesco's in Southborough.
Positioned not far from the start the runners hove into view just after 10.00AM. What sight. Runners of all shapes, sizes and degrees of fitness. Hundreds of them - in fact over 2,000 in all. Bringing up the rear was a pantomime horse, a good five minutes behind the first athlete.
Then it was a stroll to our next location. Our group was stationed between the finishing post at Tunbridge Wells Boys' Grammar School and the junction of St. John's Road and Newcomen Road. We had been told that the leading runners would come into view at around 11.10AM, but the winner shaved about eight minutes off this time and was well ahead of the rest of the field. The elite runners came through, including the first female who was in fifth position. Over the next fifty minutes the main body of the field came home, most looked comfortable, a few in some minor distress.
At noon I headed home and my walk along Mount Ephraim and Langton Road took me along the route of the race. Runners coming towards me were bravely carrying on and I am sure some would have stories of personal triumph to tell. I take my hat off to every single runner.
Positioned not far from the start the runners hove into view just after 10.00AM. What sight. Runners of all shapes, sizes and degrees of fitness. Hundreds of them - in fact over 2,000 in all. Bringing up the rear was a pantomime horse, a good five minutes behind the first athlete.
Then it was a stroll to our next location. Our group was stationed between the finishing post at Tunbridge Wells Boys' Grammar School and the junction of St. John's Road and Newcomen Road. We had been told that the leading runners would come into view at around 11.10AM, but the winner shaved about eight minutes off this time and was well ahead of the rest of the field. The elite runners came through, including the first female who was in fifth position. Over the next fifty minutes the main body of the field came home, most looked comfortable, a few in some minor distress.
At noon I headed home and my walk along Mount Ephraim and Langton Road took me along the route of the race. Runners coming towards me were bravely carrying on and I am sure some would have stories of personal triumph to tell. I take my hat off to every single runner.
Uckfield-Lewes line campaign
An excellent article on the Wealden Line Campaign website.
http://www.wealdenline.co.uk/the-news/185-south-will-stagnate-without-bml2-.html
http://www.wealdenline.co.uk/the-news/185-south-will-stagnate-without-bml2-.html
Irish Referendum
Ireland is to hold a referendum on the European fiscal compact as it is required to do so by its 1937 constitution. A 'no' vote will not derail the compact as it comes into force once twelve nations have signed up to it. However, a 'no'vite will cause some problems. The commissars in Brussels will not be happy, as the last thing they desire is any democratic expression of dissent. http://www.telegraph.co.uk/finance/financialcrisis/9112155/Irish-EU-treaty-vote-threatens-chaos.html
The German Federal Constitutional Court has granted the German parliament more say in the approval of future bailouts. The battle is well and truly joined in Germany between being a 'good European' or opposing further bailouts.
http://www.telegraph.co.uk/finance/financialcrisis/9111484/Ireland-to-hold-referendum-on-Europes-fiscal-treaty.html
http://www.spiegel.de/international/europe/0,1518,818007,00.html
German constitutional wrangle.
http://www.spiegel.de/international/europe/0,1518,818095,00.html
Kohl puts his oar in.
http://www.telegraph.co.uk/finance/financialcrisis/9109722/Germany-approves-Greek-bail-out-but-warns-Angela-Merkel-against-further-help.html
http://www.spiegel.de/international/germany/0,1518,818065,00.html
Second bailout for Greece will not be the last.
http://www.telegraph.co.uk/finance/financialcrisis/9110493/ECB-suspends-use-of-Greek-bonds-as-collateral.html
http://blogs.telegraph.co.uk/news/danielhannan/100140023/we-may-have-become-a-euro-colony-but-our-values-live-on-in-the-anglosphere/
The German Federal Constitutional Court has granted the German parliament more say in the approval of future bailouts. The battle is well and truly joined in Germany between being a 'good European' or opposing further bailouts.
http://www.telegraph.co.uk/finance/financialcrisis/9111484/Ireland-to-hold-referendum-on-Europes-fiscal-treaty.html
http://www.spiegel.de/international/europe/0,1518,818007,00.html
German constitutional wrangle.
http://www.spiegel.de/international/europe/0,1518,818095,00.html
Kohl puts his oar in.
http://www.telegraph.co.uk/finance/financialcrisis/9109722/Germany-approves-Greek-bail-out-but-warns-Angela-Merkel-against-further-help.html
http://www.spiegel.de/international/germany/0,1518,818065,00.html
Second bailout for Greece will not be the last.
http://www.telegraph.co.uk/finance/financialcrisis/9110493/ECB-suspends-use-of-Greek-bonds-as-collateral.html
http://blogs.telegraph.co.uk/news/danielhannan/100140023/we-may-have-become-a-euro-colony-but-our-values-live-on-in-the-anglosphere/
Atwood for the chop?
In May 2011 the Conservatives had a shock in Rusthall. They lost to UKIP. The result was:
UKIP: 634, Conservative: 560, Liberal Democrat: 540.
The Liberal Democrats published the best election address but did not campaign, had they done so the Conservative candidate (the retiring councillor) might well have come last. The Conservatives ran a very poor campaign. UKIP fought a very hard campaign.
Most galling for the Conservatives was that the success of UKIP placed at risk the seat of the other councillor for Rusthall, Bob Atwood the Leader of Tunbridge Wells Borough Council.
UKIP will be up for the battle to win another seat in Rusthall in 2012. The Conservatives may be hoping that the Liberal Democrats do not contest the seat as the latter's votes are more likely to go to the Conservatives than the anti- EU UKIP. Then again, maybe not, as in my experience many Liberal Democrat voters are registering a protest vote and have little understanding of the policies of the party.
Thus the Conservatives may hope the Liberal Democrats and/or Labour stand and split the anti- Conservative vote with UKIP.
The key issue in the election will be the decision of Tunbridge Wells Borough Council to raise council tax against the wishes of the Coalition government.
One of my regular readers has commented on this as follows:
The budget could have been balanced without increasing Council Tax but by taking tough decisions that are needed in times of economic stress and by following the path trodden by the overwhelming number of Councils in not increasing Taxes. Not bottling out and becoming a pariah among Conservative Councils that have taken tough action in order not to increase Council Tax.
UKIP: 634, Conservative: 560, Liberal Democrat: 540.
The Liberal Democrats published the best election address but did not campaign, had they done so the Conservative candidate (the retiring councillor) might well have come last. The Conservatives ran a very poor campaign. UKIP fought a very hard campaign.
Most galling for the Conservatives was that the success of UKIP placed at risk the seat of the other councillor for Rusthall, Bob Atwood the Leader of Tunbridge Wells Borough Council.
UKIP will be up for the battle to win another seat in Rusthall in 2012. The Conservatives may be hoping that the Liberal Democrats do not contest the seat as the latter's votes are more likely to go to the Conservatives than the anti- EU UKIP. Then again, maybe not, as in my experience many Liberal Democrat voters are registering a protest vote and have little understanding of the policies of the party.
Thus the Conservatives may hope the Liberal Democrats and/or Labour stand and split the anti- Conservative vote with UKIP.
The key issue in the election will be the decision of Tunbridge Wells Borough Council to raise council tax against the wishes of the Coalition government.
One of my regular readers has commented on this as follows:
The budget could have been balanced without increasing Council Tax but by taking tough decisions that are needed in times of economic stress and by following the path trodden by the overwhelming number of Councils in not increasing Taxes. Not bottling out and becoming a pariah among Conservative Councils that have taken tough action in order not to increase Council Tax.
The Communities Secretary has commented on the fifteen Conservative controlled councils which either have or are proposing to increase council tax.
With two weeks to go, we now know that the majority of councils, over 300 in fact, want to freeze bills for their residents in tough times. Not everyone has set out their budget plans yet so I expect to see those taking up the Government’s freeze deal to climb further.
A minority of out of touch authorities that seem unwilling to accept our offer should face up to the fact that it is unnecessary and it will hit hardworking households in the pocket. Residents will spot that many neighbouring councils are able to offer to freeze.
In Rusthall, UKIP must be pinching itself. The Conservative Group has made a rod for its own back and the blame for the rise in council tax will be placed at the door of the Leader of the Council.
My personal opinion is that I hope councillor Atwood holds his seat. He has managed to calm down the febrile rhetoric concerning the civic complex, been party to putting pressure on Morrison to re-open a supermarket and has tried to bring the issue of the re-development of the former cinema site to a conclusion.
With two weeks to go, we now know that the majority of councils, over 300 in fact, want to freeze bills for their residents in tough times. Not everyone has set out their budget plans yet so I expect to see those taking up the Government’s freeze deal to climb further.
A minority of out of touch authorities that seem unwilling to accept our offer should face up to the fact that it is unnecessary and it will hit hardworking households in the pocket. Residents will spot that many neighbouring councils are able to offer to freeze.
In Rusthall, UKIP must be pinching itself. The Conservative Group has made a rod for its own back and the blame for the rise in council tax will be placed at the door of the Leader of the Council.
My personal opinion is that I hope councillor Atwood holds his seat. He has managed to calm down the febrile rhetoric concerning the civic complex, been party to putting pressure on Morrison to re-open a supermarket and has tried to bring the issue of the re-development of the former cinema site to a conclusion.
Tory Blues in Tunbridge Wells
ConservativeHome is getting stuck in to Tory controlled councils planing a council tax hike.
See: http://conservativehome.blogs.com/localgovernment/2012/02/roll-of-shame-the-dozen-tory-councils-planning-tax-hikes.html
http://conservativehome.blogs.com/localgovernment/2012/02/spelthorne-is-the-16th-tory-council-to-propose-tax-rise.html
On the list is Tunbridge Wells Borough Council, planning an increase of 3.30%.
See also:
http://conservativehome.blogs.com/localgovernment/2012/02/306-councils-agree-to-freeze-or-cut-council-tax.html
The Communities Secretary, Eric Pickles is quoted thus:
With two weeks to go, we now know that the majority of councils, over 300 in fact, want to freeze bills for their residents in tough times. Not everyone has set out their budget plans yet so I expect to see those taking up the Government’s freeze deal to climb further.
"A minority of out of touch authorities that seem unwilling to accept our offer should face up to the fact that it is unnecessary and it will hit hardworking households in the pocket. Residents will spot that many neighbouring councils are able to offer to freeze.
The opprobrium being heaped on councils such as Tunbridge Wells must be galling for Greg Clark, MP for Tunbridge Wells, whose boss in government is Eric Pickles.
See: http://conservativehome.blogs.com/localgovernment/2012/02/roll-of-shame-the-dozen-tory-councils-planning-tax-hikes.html
http://conservativehome.blogs.com/localgovernment/2012/02/spelthorne-is-the-16th-tory-council-to-propose-tax-rise.html
On the list is Tunbridge Wells Borough Council, planning an increase of 3.30%.
See also:
http://conservativehome.blogs.com/localgovernment/2012/02/306-councils-agree-to-freeze-or-cut-council-tax.html
The Communities Secretary, Eric Pickles is quoted thus:
With two weeks to go, we now know that the majority of councils, over 300 in fact, want to freeze bills for their residents in tough times. Not everyone has set out their budget plans yet so I expect to see those taking up the Government’s freeze deal to climb further.
"A minority of out of touch authorities that seem unwilling to accept our offer should face up to the fact that it is unnecessary and it will hit hardworking households in the pocket. Residents will spot that many neighbouring councils are able to offer to freeze.
The opprobrium being heaped on councils such as Tunbridge Wells must be galling for Greg Clark, MP for Tunbridge Wells, whose boss in government is Eric Pickles.
Monday, 27 February 2012
'Ello, 'ello.
Mental Health Charity benefit from police property donation.
Tunbridge Wells Mental Health Resource (MHR) was fortunate to be one of the recipients of a grant from the Kent Police Property Fund. The fund is generated from the sale, at auction, of unclaimed lost property and items seized in police operations. The proceeds raised at these auctions are then presented to local charitable groups that work for the good of the local community.
MHR fundraiser Diane Bradley was presented with a cheque for £500 by Chief Inspector Jon Bumpus, District Commander for Tunbridge Wells and said “receiving this donation will support training to equip staff with the relevant skills to maintain, manage and develop our website. Being able to regularly provide up to date news and links for the public and our clients about Mental Health services & support within Kent is a vital service. We would like to thank Kent Police for their continued support of our work”.
Euro shambles drifts on...and on
The G20 conference in Mexico has resolved nothing. Non- eurozone members of the G20 are looking to the eurozone to strengthen its firewall before offering any further support. The IMF is supine. The German Chancellor has admitted the last Greek bailout agreement is not guaranteed to work. Nevertheless the German parliament has approved the second Greek bailout package.It is a shambles. The final link in this post considers the misery the Greek people are being subjected to.
http://www.telegraph.co.uk/finance/financialcrisis/9107437/G20-leaders-insist-no-more-IMF-cash-unless-eurozone-boosts-financial-firewall.html
http://www.spiegel.de/international/europe/0,1518,817818,00.html
Leaders buy time at G20 summit.
http://www.telegraph.co.uk/finance/financialcrisis/9107732/IMF-chief-Christine-Lagarde-admits-there-may-be-no-accord-on-a-European-war-chest-by-April.html
http://www.telegraph.co.uk/finance/financialcrisis/9108261/Germany-set-to-approve-Greek-rescue-despite-public-anger.html
http://www.spiegel.de/international/europe/0,1518,817887,00.html
Germany has become the new villain.
http://www.spiegel.de/international/europe/0,1518,817795,00.html
Europe is pouring money into a bottomless barrel
http://www.spiegel.de/international/europe/0,1518,817858,00.html
Merkel rebukes minister for comments on Greece.
http://www.spiegel.de/international/europe/0,1518,817881,00.html
German parliament approves bailout package.
http://www.telegraph.co.uk/finance/financialcrisis/9109722/Germany-approves-Greek-bail-out-but-warns-Angela-Merkel-against-further-help.html
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100015249/and-the-winner-is%E2%80%A6-greece/
http://www.telegraph.co.uk/news/worldnews/europe/greece/9107647/Greece-sinks-to-its-knees.html
http://www.telegraph.co.uk/finance/financialcrisis/9107437/G20-leaders-insist-no-more-IMF-cash-unless-eurozone-boosts-financial-firewall.html
http://www.spiegel.de/international/europe/0,1518,817818,00.html
Leaders buy time at G20 summit.
http://www.telegraph.co.uk/finance/financialcrisis/9107732/IMF-chief-Christine-Lagarde-admits-there-may-be-no-accord-on-a-European-war-chest-by-April.html
http://www.telegraph.co.uk/finance/financialcrisis/9108261/Germany-set-to-approve-Greek-rescue-despite-public-anger.html
http://www.spiegel.de/international/europe/0,1518,817887,00.html
Germany has become the new villain.
http://www.spiegel.de/international/europe/0,1518,817795,00.html
Europe is pouring money into a bottomless barrel
http://www.spiegel.de/international/europe/0,1518,817858,00.html
Merkel rebukes minister for comments on Greece.
http://www.spiegel.de/international/europe/0,1518,817881,00.html
German parliament approves bailout package.
http://www.telegraph.co.uk/finance/financialcrisis/9109722/Germany-approves-Greek-bail-out-but-warns-Angela-Merkel-against-further-help.html
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100015249/and-the-winner-is%E2%80%A6-greece/
http://www.telegraph.co.uk/news/worldnews/europe/greece/9107647/Greece-sinks-to-its-knees.html
Sunday, 26 February 2012
Eurozone misery continues
Two excellent articles for your consideration.
http://www.telegraph.co.uk/finance/comment/rogerbootle/9107068/It-may-well-turn-out-that-we-are-watching-not-a-Greek-but-a-euro-tragedy.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9107046/Spanish-revolt-brews-as-national-economic-rearmament-begins-in-Europe.html
http://www.telegraph.co.uk/finance/comment/rogerbootle/9107068/It-may-well-turn-out-that-we-are-watching-not-a-Greek-but-a-euro-tragedy.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9107046/Spanish-revolt-brews-as-national-economic-rearmament-begins-in-Europe.html
Councillor Brian Ransley
I have had occasion to mention Councillor Ransley in previous posts. The links are to interesting reports:
http://democracy.tunbridgewells.gov.uk/mgAi.aspx?ID=2837
I draw your attention to this:
http://democracy.tunbridgewells.gov.uk/documents/s3374/Councilllor%20Ransley%20Case%20Summary.pdf
http://democracy.tunbridgewells.gov.uk/documents/s3377/investigation%20report.pdf
My understanding is that the full report is not to be published in the public domain. Ponder on Councillor Weeden's comment. An open, transparent and accountable Council?
http://democracy.tunbridgewells.gov.uk/mgAi.aspx?ID=2837
I draw your attention to this:
Councillor Weeden considered that the public summary was misleading when compared to the facts that had emerged in the full report. The Chairman clarified that the public summary had also been provided by SfE.
In conclusion of the public session, the Chairman confirmed that Councillor Ransley had been found not to have breached the Code of Conduct in respect of each of the eight allegations that had been made. She said that, despite criticising CouncillorRansley’s actions in terms such as ‘inappropriate’ (4th complaint),‘discourteous and unfair to make remarks about named individuals when they were not present’ (5thcomplaint), ‘serious lack of judgement in repeating hearsay and rumour to fellow councillors’ (6th complaint) and in breaching Council protocols established under the Council’s Constitution, SfE believed that Councillor Ransley nonetheless acted in good faith in all the actions complained of, including those where he relied on information provided by others.
http://democracy.tunbridgewells.gov.uk/documents/s3374/Councilllor%20Ransley%20Case%20Summary.pdf
http://democracy.tunbridgewells.gov.uk/documents/s3377/investigation%20report.pdf
My understanding is that the full report is not to be published in the public domain. Ponder on Councillor Weeden's comment. An open, transparent and accountable Council?
Tunbridge Wells Councillor launches public attack on a fellow councillor
John Smith was a leading light in the Conservative Party in Tunbridge Wells. He was chairman of the Conservative Group on the Borough Council and his ability led to an invitation to meet David Cameron at Downing Street.
Then he was deselected as a candidate at last May's local elections. He stood as an Independent and beat the Conservative candidate. This municipal year he is proving to be an excellent Deputy Mayor.
In letter to the local newspaper, The Courier, he has launched a blistering attack on Conservative councillor, Sean Holden, which he rounds off by inviting the electorate in Councillor Holden's ward to ask themselves what he has done for us other than cost us money.
Councillor Smith has attacked the Conservative Group on the Council for proposing a 3.3% increase in council tax and also raiding reserves to bridge the funding gap and keep the sinking ship afloat. He goes on to argue that the Council should have taken the £100,000 grant offered from central government and not stiffed the residents for another fiver.
One of my readers has commented thus:
Then he was deselected as a candidate at last May's local elections. He stood as an Independent and beat the Conservative candidate. This municipal year he is proving to be an excellent Deputy Mayor.
In letter to the local newspaper, The Courier, he has launched a blistering attack on Conservative councillor, Sean Holden, which he rounds off by inviting the electorate in Councillor Holden's ward to ask themselves what he has done for us other than cost us money.
Councillor Smith has attacked the Conservative Group on the Council for proposing a 3.3% increase in council tax and also raiding reserves to bridge the funding gap and keep the sinking ship afloat. He goes on to argue that the Council should have taken the £100,000 grant offered from central government and not stiffed the residents for another fiver.
One of my readers has commented thus:
The budget could have been balanced without increasing Council Tax but by taking tough decisions that are needed in times of economic stress and by following the path trodden by the overwhelming number of Councils in not increasing Taxes. Not bottling out and becoming a pariah among Conservative Councils that have taken tough action in order not to increase Council Tax.
Another letter in The Courier supports the stance taken by the Conservative Group on the Council. The letter is from John Dutton who received a mention in an earlier post:
http://kentcommunityactivist.blogspot.com/2011/09/sage-of-lamberhurst-stirs.html
I wrote:
A high-profile blogger (John Dutton) against the civic complex redevelopment has been forced, according to the local newspaper (The Courier), to issue a fulsome apology for untrue and unfair statements and innuendos.
Mr Dutton, apropos the council tax increase, has written the following in his letter to The Courier.
I sincerely believe that under the good stewardship of financial portfolio holder James Scholes and leader Bob Atwood, we have the best possible hope for the future of our town and borough. They deserve our support, not denigration.
Dear me.
See also: http://conservativehome.blogs.com/localgovernment/2012/02/roll-of-shame-the-dozen-tory-councils-planning-tax-hikes.html
http://kentcommunityactivist.blogspot.com/2011/09/sage-of-lamberhurst-stirs.html
I wrote:
A high-profile blogger (John Dutton) against the civic complex redevelopment has been forced, according to the local newspaper (The Courier), to issue a fulsome apology for untrue and unfair statements and innuendos.
Mr Dutton, apropos the council tax increase, has written the following in his letter to The Courier.
I sincerely believe that under the good stewardship of financial portfolio holder James Scholes and leader Bob Atwood, we have the best possible hope for the future of our town and borough. They deserve our support, not denigration.
Dear me.
See also: http://conservativehome.blogs.com/localgovernment/2012/02/roll-of-shame-the-dozen-tory-councils-planning-tax-hikes.html
Investigatory Committee: Tunbridge Wells Borough Council
One of my 'moles' informs me that Tunbridge Wells Borough Council has established a committee known as the Investigatory Committee. I have scanned the Council's website in vain to find dates on which the committee meets, agendas and minutes.
What is the remit of this committee? Why is nothing about the committee in the public domain? The Leader of the Council promised on his appointment greater transparency and engagement. Time to keep the promise.
What is the remit of this committee? Why is nothing about the committee in the public domain? The Leader of the Council promised on his appointment greater transparency and engagement. Time to keep the promise.
Saturday, 25 February 2012
About time
To all, apart from europhile zealots, it is apparent that Greece should leave the eurozone. At last, a member of the German cabinet has broken the Merkel induced trance that the euro cannot lose members. Mind you, the German finance minister has been very close at times to breaking rank.
http://www.telegraph.co.uk/finance/financialcrisis/9106264/German-cabinet-minister-calls-for-Greek-euro-exit.html
The bailout terms agreed last Tuesday are not going to work. Until the eurozone nations are prepared to put more resources into the contagion firewall the IMF, USA, China etc are not going to offer support.
The reality is that until Germany agrees to eurobonds, powers for the ECB to act as a central bank and asset transfers between nations, the eurozone is not going to work.
http://www.bbc.co.uk/news/business-17170157
Brazil sticks its oar in.
http://www.telegraph.co.uk/finance/financialcrisis/9106264/German-cabinet-minister-calls-for-Greek-euro-exit.html
The bailout terms agreed last Tuesday are not going to work. Until the eurozone nations are prepared to put more resources into the contagion firewall the IMF, USA, China etc are not going to offer support.
The reality is that until Germany agrees to eurobonds, powers for the ECB to act as a central bank and asset transfers between nations, the eurozone is not going to work.
http://www.bbc.co.uk/news/business-17170157
Brazil sticks its oar in.
Thursday, 23 February 2012
Eurozone problems trundle on.
The next staging post in the ongoing eurozone disaster is how to circumvent German opposition to an increase in the firewall designed to protect Italy, Spain and Portugal. The danger is that, unless the bailout firewall is increased, the IMF may pull the plug on the Greek bailout. See:
http://www.spiegel.de/international/europe/0,1518,817152,00.html
My regular reader has been exposed to an almost daily blow-by-blow account for the past two of the problems of the eurozone. Below is a synopsis of the Greek element of the problem.
http://www.telegraph.co.uk/finance/financialcrisis/9098559/Whats-the-Greek-debt-crisis-all-about.html
the Greek government has hailed the bailout agreement as saving Greece from a nightmare, that leaving the euro would be the worst possible scenario. In this context a report by Center for Economic and Political Research makes for interesting reading.
http://www.cepr.net/documents/publications/greece-2012-02.pdf
Foe a summary of the CEPR report see:
http://www.telegraph.co.uk/finance/financialcrisis/9101397/Why-Greece-should-default-and-exit-the-euro.html
UPDATE 24.02.12
http://www.telegraph.co.uk/finance/financialcrisis/9102404/German-showdown-with-IMF-looms-as-Bundestag-blocks-rescue-funds.html
http://www.telegraph.co.uk/finance/financialcrisis/9104958/Greek-bond-swap-begins-as-Germany-voices-doubts-over-bailout.html
http://www.telegraph.co.uk/finance/financialcrisis/9104688/Greek-statement-on-bond-swap-in-full.html
http://www.telegraph.co.uk/finance/financialcrisis/9105655/World-Bank-chief-Robert-Zoellick-Greeces-130bn-bailout-merely-buys-it-time.html
http://www.spiegel.de/international/europe/0,1518,817152,00.html
My regular reader has been exposed to an almost daily blow-by-blow account for the past two of the problems of the eurozone. Below is a synopsis of the Greek element of the problem.
http://www.telegraph.co.uk/finance/financialcrisis/9098559/Whats-the-Greek-debt-crisis-all-about.html
the Greek government has hailed the bailout agreement as saving Greece from a nightmare, that leaving the euro would be the worst possible scenario. In this context a report by Center for Economic and Political Research makes for interesting reading.
http://www.cepr.net/documents/publications/greece-2012-02.pdf
Foe a summary of the CEPR report see:
http://www.telegraph.co.uk/finance/financialcrisis/9101397/Why-Greece-should-default-and-exit-the-euro.html
UPDATE 24.02.12
http://www.telegraph.co.uk/finance/financialcrisis/9102404/German-showdown-with-IMF-looms-as-Bundestag-blocks-rescue-funds.html
http://www.telegraph.co.uk/finance/financialcrisis/9104958/Greek-bond-swap-begins-as-Germany-voices-doubts-over-bailout.html
http://www.telegraph.co.uk/finance/financialcrisis/9104688/Greek-statement-on-bond-swap-in-full.html
http://www.telegraph.co.uk/finance/financialcrisis/9105655/World-Bank-chief-Robert-Zoellick-Greeces-130bn-bailout-merely-buys-it-time.html
Lackadaisical Parish Council
In a previous post I noted that Rusthall Parish Council had spent £450 + VAT for a website. We are waiting still for the minutes of the January meeting to be added to the website. What a lackadaisical state of affairs. Time was found for a statement by the Chair of the Council concerning the recycling bins and the newly co-opted councillor (decisions takenm at the February meeting) to be placed on the website, so why not add the minutes?
The Council has hardly covered itself in glory in recent months. Barely a whimper raised against the closure of the fire station and a request by the Council that some recycling bins be removed. I thought a parish council was supposed to maintain and improve services, not acquiescent to their removal.
I am awaiting the findings of the parish survey which we were promised would form the basis for the 2012-13 budget.
When the Council formed a Planning Committee it granted it delegated powers. However, as far as I am aware meetings of the Committee are not advertised, nor are its minutes published. I feel a formal complaint coming on.......
The Council has hardly covered itself in glory in recent months. Barely a whimper raised against the closure of the fire station and a request by the Council that some recycling bins be removed. I thought a parish council was supposed to maintain and improve services, not acquiescent to their removal.
I am awaiting the findings of the parish survey which we were promised would form the basis for the 2012-13 budget.
When the Council formed a Planning Committee it granted it delegated powers. However, as far as I am aware meetings of the Committee are not advertised, nor are its minutes published. I feel a formal complaint coming on.......
Wednesday, 22 February 2012
Uckfield-Lewes railway re-opening row simmers.
The debate continues on re-opening the Uckfield-Lewes railway line to provide a through route between London and Brighton and also a direct route from London to Falmer (for the universities and Brighton & Hove Albion's stadium)
See:
http://www.midsussextimes.co.uk/news/balcombe_rail_disruption_renews_calls_for_bml2_1_3522568
http://www.wealdenline.co.uk/the-news/184-bml2-good-for-london-says-lord-bassam.html
The Wealden Line Campaign website is well worth a visit (via the link above).
See:
http://www.midsussextimes.co.uk/news/balcombe_rail_disruption_renews_calls_for_bml2_1_3522568
http://www.wealdenline.co.uk/the-news/184-bml2-good-for-london-says-lord-bassam.html
The Wealden Line Campaign website is well worth a visit (via the link above).
Muted reaction to Greek bailout
The demonstration organised by trade unions in Greece appears to have fizzled out. Probably a case of demonstration fatigue. Far more worrying is the discussions concerning the eurozone firewall, which may yet scupper the Greek bailout. Add to this the statement by Fitch that Greek debt write - off constitutes a default. The ECB has exchanged Greek bonds it holds for ones maturing at a later date.
http://www.telegraph.co.uk/finance/financialcrisis/9097004/Battle-over-EU-financial-firewall-threatens-to-derail-Greek-bailout.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9097005/Greek-debt-accord-hostage-to-political-passions.html
http://www.bbc.co.uk/news/world-europe-17123199
A few more twists and turns:
http://www.telegraph.co.uk/finance/financialcrisis/9099483/Spain-appeals-to-Brussels-for-easier-deficit-reduction-targets.html
http://www.telegraph.co.uk/finance/financialcrisis/9099532/ECBs-Mario-Draghi-magic-corrupts-bond-markets.html
http://www.telegraph.co.uk/finance/financialcrisis/9097004/Battle-over-EU-financial-firewall-threatens-to-derail-Greek-bailout.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9097005/Greek-debt-accord-hostage-to-political-passions.html
http://www.bbc.co.uk/news/world-europe-17123199
A few more twists and turns:
http://www.telegraph.co.uk/finance/financialcrisis/9099483/Spain-appeals-to-Brussels-for-easier-deficit-reduction-targets.html
http://www.telegraph.co.uk/finance/financialcrisis/9099532/ECBs-Mario-Draghi-magic-corrupts-bond-markets.html
Tuesday, 21 February 2012
Ratcliffe vindicted
Some of you may remember this post:
http://kentcommunityactivist.blogspot.com/2011/05/allegations-of-racism-continue-in.html
The local newspaper, The Courier, pilloried Adrian across three pages, including the front page, for a number of comments he made, including one which referred to the issues the case below is raising.
http://www.huffingtonpost.co.uk/2012/02/21/gang-plied-girls-with-drink-drugs-for-sex_n_1290976.html?icid=maing-grid7%7Cuk%7Cdl1%7Csec3_lnk1%26pLid%3D97483
http://www.bbc.co.uk/news/uk-england-manchester-17117530
http://www.bbc.co.uk/news/uk-england-manchester-17148353
http://www.bbc.co.uk/news/uk-england-manchester-17158657
At the time I expressed the opinion that The Courier had acted disproportionately in its reports concerning Adrian. Tabloid journalism of the worst kind.
http://kentcommunityactivist.blogspot.com/2011/05/allegations-of-racism-continue-in.html
The local newspaper, The Courier, pilloried Adrian across three pages, including the front page, for a number of comments he made, including one which referred to the issues the case below is raising.
http://www.huffingtonpost.co.uk/2012/02/21/gang-plied-girls-with-drink-drugs-for-sex_n_1290976.html?icid=maing-grid7%7Cuk%7Cdl1%7Csec3_lnk1%26pLid%3D97483
http://www.bbc.co.uk/news/uk-england-manchester-17117530
http://www.bbc.co.uk/news/uk-england-manchester-17148353
http://www.bbc.co.uk/news/uk-england-manchester-17158657
At the time I expressed the opinion that The Courier had acted disproportionately in its reports concerning Adrian. Tabloid journalism of the worst kind.
Palliative, not a cure
The eurozone has bought a short-term reprieve, but at what a cost. A massive loan to Greece (somewhat akin to supplying spirits to an alcoholic), external control of Greek financial affairs and a population which, although a majority wish to stay in the eurozone, is unlikely to find the medicine palatable. The general election in April will be interesting. The Left is making significant progress, but is divided.
The BBC report stated the real reasons for the Greek bailout, to buy time for European banks to strengthen their balance sheets and for adequate defences to be put in place to protect Italy, Portugal and Spain. http://www.bbc.co.uk/news/world-europe-17110886
Portugal is giving cause for concern.
Merkel and Sarkozy both have internal political problems, the outcomes of which may have much more significance for the future of the eurozone and the EU project.
http://www.bbc.co.uk/news/world-europe-17095225
The Greek gamble: new risks for the EU.
http://www.bbc.co.uk/news/world-europe-17116021
'Greece averted nightmare scenario'. Really.
http://www.telegraph.co.uk/finance/financialcrisis/9094994/Eurozone-agrees-130bn-bailout-for-Greece.html
http://www.telegraph.co.uk/finance/financialcrisis/9095011/Eurogroup-agrees-Greek-bailout-full-statement.html
http://www.spiegel.de/international/europe/0,1518,816590,00.html
Default averted
http://www.spiegel.de/international/business/0,1518,816024,00.html
Portugal neeeds more money to stay afloat.
http://www.spiegel.de/international/world/0,1518,816598,00.html
Greek political establishment in freefall.
http://blogs.telegraph.co.uk/finance/jeremywarner/100015089/eurozones-shocking-prescription-for-greece/
http://blogs.telegraph.co.uk/finance/jeremywarner/100015114/dallarious-and-doolally-the-eurozone-supertanker-sales-towards-the-rocks/
http://www.spiegel.de/international/germany/0,1518,816721,00.html
Merkel government teetering.
The BBC report stated the real reasons for the Greek bailout, to buy time for European banks to strengthen their balance sheets and for adequate defences to be put in place to protect Italy, Portugal and Spain. http://www.bbc.co.uk/news/world-europe-17110886
Portugal is giving cause for concern.
Merkel and Sarkozy both have internal political problems, the outcomes of which may have much more significance for the future of the eurozone and the EU project.
http://www.bbc.co.uk/news/world-europe-17095225
The Greek gamble: new risks for the EU.
http://www.bbc.co.uk/news/world-europe-17116021
'Greece averted nightmare scenario'. Really.
http://www.telegraph.co.uk/finance/financialcrisis/9094994/Eurozone-agrees-130bn-bailout-for-Greece.html
http://www.telegraph.co.uk/finance/financialcrisis/9095011/Eurogroup-agrees-Greek-bailout-full-statement.html
http://www.spiegel.de/international/europe/0,1518,816590,00.html
Default averted
http://www.spiegel.de/international/business/0,1518,816024,00.html
Portugal neeeds more money to stay afloat.
http://www.spiegel.de/international/world/0,1518,816598,00.html
Greek political establishment in freefall.
http://blogs.telegraph.co.uk/finance/jeremywarner/100015089/eurozones-shocking-prescription-for-greece/
http://blogs.telegraph.co.uk/finance/jeremywarner/100015114/dallarious-and-doolally-the-eurozone-supertanker-sales-towards-the-rocks/
http://www.spiegel.de/international/germany/0,1518,816721,00.html
Merkel government teetering.
Monday, 20 February 2012
Constitutional issues
Articles on:
English votes for English legislation:
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-5-english-votes-for-english-laws.html
House of Lords' reform
http://conservativehome.blogs.com/thetorydiary/2012/02/tory-peers-threaten-to-scupper-coalition-legislation-if-cameron-and-clegg-proceed-with-plans-for-ele.html
(A seven part article to follow)
English votes for English legislation:
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-5-english-votes-for-english-laws.html
House of Lords' reform
http://conservativehome.blogs.com/thetorydiary/2012/02/tory-peers-threaten-to-scupper-coalition-legislation-if-cameron-and-clegg-proceed-with-plans-for-ele.html
(A seven part article to follow)
Euroland update
A number of articles of interest (I hope!).
http://blogs.telegraph.co.uk/finance/ianmcowie/100014982/greek-euros-how-to-spot-them/
Make sure your euro notes have the prefix 'X'
http://www.bbc.co.uk/news/world-europe-17092964
Greek bailout talks begin.
http://networkedblogs.com/uc1W3
Interesting blog.
http://www.telegraph.co.uk/finance/financialcrisis/9093987/Eurogroup-meeting-on-Greek-bail-out-key-quotes.html
http://www.telegraph.co.uk/finance/financialcrisis/9093811/Mario-Monti-warns-Europe-must-act-quickly-to-resolve-Greeces-dangerous-flash-point.html
http://www.spiegel.de/international/zeitgeist/0,1518,816538,00.html
Much needed light relief.
http://www.spiegel.de/international/germany/0,1518,816442,00.html
Merkel isolated and weakened.
http://www.telegraph.co.uk/news/worldnews/nicolas-sarkozy/9093556/Why-the-Nicolas-Sarkozy-show-ought-to-terrify-David-Cameron-and-delight-Ed-Miliband.html
http://www.bbc.co.uk/news/business-17103843
http://blogs.telegraph.co.uk/finance/ianmcowie/100014982/greek-euros-how-to-spot-them/
Make sure your euro notes have the prefix 'X'
http://www.bbc.co.uk/news/world-europe-17092964
Greek bailout talks begin.
http://networkedblogs.com/uc1W3
Interesting blog.
http://www.telegraph.co.uk/finance/financialcrisis/9093987/Eurogroup-meeting-on-Greek-bail-out-key-quotes.html
http://www.telegraph.co.uk/finance/financialcrisis/9093811/Mario-Monti-warns-Europe-must-act-quickly-to-resolve-Greeces-dangerous-flash-point.html
http://www.spiegel.de/international/zeitgeist/0,1518,816538,00.html
Much needed light relief.
http://www.spiegel.de/international/germany/0,1518,816442,00.html
Merkel isolated and weakened.
http://www.telegraph.co.uk/news/worldnews/nicolas-sarkozy/9093556/Why-the-Nicolas-Sarkozy-show-ought-to-terrify-David-Cameron-and-delight-Ed-Miliband.html
http://www.bbc.co.uk/news/business-17103843
Odder and odder
Curious post on the English Passport blog from Steve Uncles:
Curious on two counts.
1. The English Democrats' policy is one of parliaments for the four nations within a federal structure. The SNP policy is for complete independence.
2. SNP members are invited to join the ED. The link posted by Mr Uncles takes you to a page on the ED website that invites people to join as national voting members. So, we could have people from Scotland voting on policies of an English nationalist party. Shades of the West Lothian Question.
Curious on two counts.
1. The English Democrats' policy is one of parliaments for the four nations within a federal structure. The SNP policy is for complete independence.
2. SNP members are invited to join the ED. The link posted by Mr Uncles takes you to a page on the ED website that invites people to join as national voting members. So, we could have people from Scotland voting on policies of an English nationalist party. Shades of the West Lothian Question.
Sunday, 19 February 2012
Greek default: Not if, when.
The meeting tomorrow of eurozone finance ministers is expected to sign off the latest bailout for Greece. Failure to do so will lead to default. However, there is growing sentiment across the eurozone, the IMF and the European Commission that Greece is dead in the water and that signing off the bailout is the equivalent of throwing good money after bad.
http://www.telegraph.co.uk/finance/financialcrisis/9091021/Germany-drawing-up-plans-for-Greece-to-leave-the-euro.html
http://www.telegraph.co.uk/finance/financialcrisis/9090856/Greek-rescue-threatens-eurozone-structure.html
http://www.telegraph.co.uk/finance/comment/liamhalligan/9090655/As-Athens-riots-global-markets-say-so-what.html
http://www.bbc.co.uk/news/business-17088906
http://www.telegraph.co.uk/finance/financialcrisis/9092320/Germany-bows-to-global-pressure-and-signals-Greek-rescue-deal.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9091837/Can-a-return-to-the-drachma-save-Greece-as-unemployment-soars.html
http://www.spiegel.de/international/europe/0,1518,816410,00.html
Rescue package not the answer.
http://www.telegraph.co.uk/finance/financialcrisis/9091021/Germany-drawing-up-plans-for-Greece-to-leave-the-euro.html
http://www.telegraph.co.uk/finance/financialcrisis/9090856/Greek-rescue-threatens-eurozone-structure.html
http://www.telegraph.co.uk/finance/comment/liamhalligan/9090655/As-Athens-riots-global-markets-say-so-what.html
http://www.bbc.co.uk/news/business-17088906
http://www.telegraph.co.uk/finance/financialcrisis/9092320/Germany-bows-to-global-pressure-and-signals-Greek-rescue-deal.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9091837/Can-a-return-to-the-drachma-save-Greece-as-unemployment-soars.html
http://www.spiegel.de/international/europe/0,1518,816410,00.html
Rescue package not the answer.
News!!!????
The following 'story' appeared on the English Passport blog.
http://englishpassport.org/2012/02/19/facebook-campaign-urges-bbc-to-fire-nick-robinson-for-pro-tory-bias/
A well-written story, which immediately made me suspicious. Took me a few seconds to find this:
https://apps.facebook.com/theguardian/media/greenslade/2010/may/14/nickrobinson-bbc
The English Passport item has been plagiarised from The Guardian, moreover it fails to mention that the subject matter refers to an event in May 2010. The Facebook page referred to in the article no longer exists.
http://englishpassport.org/2012/02/19/facebook-campaign-urges-bbc-to-fire-nick-robinson-for-pro-tory-bias/
A well-written story, which immediately made me suspicious. Took me a few seconds to find this:
https://apps.facebook.com/theguardian/media/greenslade/2010/may/14/nickrobinson-bbc
The English Passport item has been plagiarised from The Guardian, moreover it fails to mention that the subject matter refers to an event in May 2010. The Facebook page referred to in the article no longer exists.
Saturday, 18 February 2012
Southborough Tesco
The Southborough Environmental Action Movement (SEAM) has been leading the charge against development on the Ridgewaye site in Southborough and in particular plans to build a supermarket. Concerns about loss of recreational space, traffic congestion and damage to existing retailers have been to the fore.
See: http://www.seam.org.uk/
There have been expressions of concern that the vibrant High Street in Rusthall will suffer should the supermarket development be approved, although I have my doubts.
SEAM is attacking on two fronts. Southborough Town Council owns part of the land it is proposed should be developed and SEAM is promoting the opinion that the land should not be sold. Tunbridge Wells Borough Council is the planning authority.
In May there is an election for one Borough Council seat in the Southborough & High Brooms ward. The seat is marginal between Labour and Conservative. The parties (along with the Liberal Democrats) give the impression of having to varying degrees reservations concerning the development of the Ridgewaye without translating that into meaningful action.
At a recent by-election in the ward for a Town Council seat the Conservatives had a famous victory over Labour. The Liberal Democrats had an exceptionally dire vote whilst an Independent standing on an anti-development platform secured double the vote of the Liberal Democrats, but was way behind the Labour and Conservative candidates.
The question to be resolved is the extent to which SEAM and the Town Council represent the views of a significant section of the people of Southborough. Poor turnout at local elections is endemic, and people who vote usually do so on party lines irrespective or local issues. One way forward may be for a candidate (or a party) to promise to press for a referendum on the future of the Ridgewaye site.
See: http://www.seam.org.uk/
There have been expressions of concern that the vibrant High Street in Rusthall will suffer should the supermarket development be approved, although I have my doubts.
SEAM is attacking on two fronts. Southborough Town Council owns part of the land it is proposed should be developed and SEAM is promoting the opinion that the land should not be sold. Tunbridge Wells Borough Council is the planning authority.
In May there is an election for one Borough Council seat in the Southborough & High Brooms ward. The seat is marginal between Labour and Conservative. The parties (along with the Liberal Democrats) give the impression of having to varying degrees reservations concerning the development of the Ridgewaye without translating that into meaningful action.
At a recent by-election in the ward for a Town Council seat the Conservatives had a famous victory over Labour. The Liberal Democrats had an exceptionally dire vote whilst an Independent standing on an anti-development platform secured double the vote of the Liberal Democrats, but was way behind the Labour and Conservative candidates.
The question to be resolved is the extent to which SEAM and the Town Council represent the views of a significant section of the people of Southborough. Poor turnout at local elections is endemic, and people who vote usually do so on party lines irrespective or local issues. One way forward may be for a candidate (or a party) to promise to press for a referendum on the future of the Ridgewaye site.
Greek roulette
Stay in the eurozone or default? Default is a serious possibility, indeed probability, as it is reported that the German government is divided on the issue. http://www.guardian.co.uk/business/2012/feb/17/greek-bailout-deal-market-hopes-german-schism
Should more money be thrown at Greece even though there is no guarantee the austerity measures will work? It is almost a certainty that the austerity measures will fail at some stage and Greece will default. Mrs Merkel is reported as insisting that Greece must not be permitted to default, no matter what the cost of austerity is to the Greek people and the anathema in which they hold Germany. Like a roulette player gambling on her number coming up, more and more money is being spent, in the hope that default will be avoided. Roulette players will tell you that to keep on ploughing stake money on a number in the expectation it will come up is not a good idea. Funds run out before the desired event occurs.
The BBC article below sets out the social, economic and political problems in Greece.
http://www.bbc.co.uk/news/business-17067104
In the event of Greece receiving its bailout funding next week it will be merely a palliative. Greece should depart, default and devalue now.
http://www.telegraph.co.uk/finance/financialcrisis/9087335/Amid-the-chaos-Greece-faces-a-Herculean-task.html
http://www.telegraph.co.uk/finance/financialcrisis/9087486/Greece-tries-deeper-cuts-to-meet-European-demands.html
http://blogs.telegraph.co.uk/finance/jeremywarner/100015028/germany-has-forgotten-the-lessons-of-war-reparations/
http://www.telegraph.co.uk/finance/financialcrisis/9089932/Shares-rally-on-hope-for-Greek-deal.html
http://www.express.co.uk/ourcomments/view/302825/Patrick-O-Flynn
Should more money be thrown at Greece even though there is no guarantee the austerity measures will work? It is almost a certainty that the austerity measures will fail at some stage and Greece will default. Mrs Merkel is reported as insisting that Greece must not be permitted to default, no matter what the cost of austerity is to the Greek people and the anathema in which they hold Germany. Like a roulette player gambling on her number coming up, more and more money is being spent, in the hope that default will be avoided. Roulette players will tell you that to keep on ploughing stake money on a number in the expectation it will come up is not a good idea. Funds run out before the desired event occurs.
The BBC article below sets out the social, economic and political problems in Greece.
http://www.bbc.co.uk/news/business-17067104
In the event of Greece receiving its bailout funding next week it will be merely a palliative. Greece should depart, default and devalue now.
http://www.telegraph.co.uk/finance/financialcrisis/9087335/Amid-the-chaos-Greece-faces-a-Herculean-task.html
http://www.telegraph.co.uk/finance/financialcrisis/9087486/Greece-tries-deeper-cuts-to-meet-European-demands.html
http://blogs.telegraph.co.uk/finance/jeremywarner/100015028/germany-has-forgotten-the-lessons-of-war-reparations/
http://www.telegraph.co.uk/finance/financialcrisis/9089932/Shares-rally-on-hope-for-Greek-deal.html
http://www.express.co.uk/ourcomments/view/302825/Patrick-O-Flynn
Thursday, 16 February 2012
The temperature is soaring..........
The undiplomatic exchanges between Greece and Germany lead me to the conclusion that Germany and some other eurozone countries are preparing to ditch Greece. I doubt if there will be an outbreak of harmony.
See:
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100014963/germany-is-playing-with-greek-fire/
http://www.telegraph.co.uk/finance/financialcrisis/9085005/Germany-is-playing-with-fire-on-Greece-warns-finance-minister.html
http://www.telegraph.co.uk/news/worldnews/europe/greece/9084305/The-callous-cruelty-of-the-EU-is-destroying-Greece-a-once-proud-country.html
http://blogs.telegraph.co.uk/news/danielhannan/100137972/leaving-the-euro-isnt-a-punishment-its-greeces-last-chance-for-recovery/
http://www.telegraph.co.uk/finance/financialcrisis/9087653/Just-as-Greece-complies-at-last-Europe-pulls-the-plug.html
See:
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100014963/germany-is-playing-with-greek-fire/
http://www.telegraph.co.uk/finance/financialcrisis/9085005/Germany-is-playing-with-fire-on-Greece-warns-finance-minister.html
http://www.telegraph.co.uk/news/worldnews/europe/greece/9084305/The-callous-cruelty-of-the-EU-is-destroying-Greece-a-once-proud-country.html
http://blogs.telegraph.co.uk/news/danielhannan/100137972/leaving-the-euro-isnt-a-punishment-its-greeces-last-chance-for-recovery/
http://www.telegraph.co.uk/finance/financialcrisis/9087653/Just-as-Greece-complies-at-last-Europe-pulls-the-plug.html
Wednesday, 15 February 2012
Laugh or cry?
http://www.telegraph.co.uk/finance/financialcrisis/9084269/Euro-chiefs-consider-bailout-delay-until-after-Greek-polls.html
Don't trust Greeks is the message.
See also:
http://www.telegraph.co.uk/finance/financialcrisis/9085005/Evangelos-Venizelos-warns-Germany-is-playing-with-fire-on-Greece.html
http://www.telegraph.co.uk/finance/financialcrisis/9085136/Euro-Group-chief-Jean-Claude-Juncker-expects-Greek-bail-out-decisison-within-days.html
http://www.telegraph.co.uk/news/worldnews/europe/greece/9084305/The-callous-cruelty-of-the-EU-is-destroying-Greece-a-once-proud-country.html
http://www.spiegel.de/international/europe/0,1518,815651,00.html
Irritation in Athens.
http://www.bbc.co.uk/news/world-europe-17054220
Refers to a point I made a few days ago. Greece's departure will make it easier to defend Italy and Spain.
http://www.spiegel.de/international/zeitgeist/0,1518,815473,00.html
Who says the Germans do not have a sense of humour?
Don't trust Greeks is the message.
See also:
http://www.telegraph.co.uk/finance/financialcrisis/9085005/Evangelos-Venizelos-warns-Germany-is-playing-with-fire-on-Greece.html
http://www.telegraph.co.uk/finance/financialcrisis/9085136/Euro-Group-chief-Jean-Claude-Juncker-expects-Greek-bail-out-decisison-within-days.html
http://www.telegraph.co.uk/news/worldnews/europe/greece/9084305/The-callous-cruelty-of-the-EU-is-destroying-Greece-a-once-proud-country.html
http://www.spiegel.de/international/europe/0,1518,815651,00.html
Irritation in Athens.
http://www.bbc.co.uk/news/world-europe-17054220
Refers to a point I made a few days ago. Greece's departure will make it easier to defend Italy and Spain.
http://www.spiegel.de/international/zeitgeist/0,1518,815473,00.html
Who says the Germans do not have a sense of humour?
Tuesday, 14 February 2012
Going....going....go..............
Is the final phase of the Greek economic/debt tragedy upon us? It looks like it. Is Greece to be sacrificed so that greater protection can be given to Italy, Spain and Portugal?
Greece is probably ungovernable now. Elections in April will result in far Left and far Right parties doing very well, and then what?
http://www.telegraph.co.uk/finance/financialcrisis/9082843/Greek-economy-spirals-down-as-EU-forces-final-catharsis.html
Greece is probably ungovernable now. Elections in April will result in far Left and far Right parties doing very well, and then what?
http://www.telegraph.co.uk/finance/financialcrisis/9082843/Greek-economy-spirals-down-as-EU-forces-final-catharsis.html
Greece on the brink
It will not take much to topple Greece into anarchy. Greece has had a turbulent political history. There was a civil war from 1946-49 and military rule (the Regime of the Colonels) 1967-74. The current economic crisis has led to widespread social unrest and the government of Greece is in the hands of a stooge from the EU.
Years of misery is the future for the Greek population, either remaining within the eurozone, or defaulting and leaving the benighted currency.
Grim years ahead. Already politics of the far right and far left are making inroads. The articles below make for sombre reading.
http://www.telegraph.co.uk/news/worldnews/europe/greece/9079430/Greece-wont-see-a-cent-of-the-great-bail-out.html
http://www.spiegel.de/international/europe/0,1518,814939,00.html
European doubts growing over Greece debt strategy.
http://www.telegraph.co.uk/finance/comment/jeremy-warner/9080159/Greece-faces-death-by-a-thousand-cuts-unless-it-leaves-the-euro.html
This blog has been following closely for two years the eurozone crisis. What has happened has been a systemic failure of the political elite in Europe to counteract the problems caused by political hubris in establishing the eurozone as a stepping stone to a united Europe.
http://www.spiegel.de/international/europe/0,1518,815209,00.html
Greece cannot be ruled against the will of its people.
http://www.spiegel.de/international/europe/0,1518,814571,00.html
Misery in Athens.
http://www.bbc.co.uk/news/business-17034677
Another tweek of the thumbscrew.
Years of misery is the future for the Greek population, either remaining within the eurozone, or defaulting and leaving the benighted currency.
Grim years ahead. Already politics of the far right and far left are making inroads. The articles below make for sombre reading.
http://www.telegraph.co.uk/news/worldnews/europe/greece/9079430/Greece-wont-see-a-cent-of-the-great-bail-out.html
http://www.spiegel.de/international/europe/0,1518,814939,00.html
European doubts growing over Greece debt strategy.
http://www.telegraph.co.uk/finance/comment/jeremy-warner/9080159/Greece-faces-death-by-a-thousand-cuts-unless-it-leaves-the-euro.html
This blog has been following closely for two years the eurozone crisis. What has happened has been a systemic failure of the political elite in Europe to counteract the problems caused by political hubris in establishing the eurozone as a stepping stone to a united Europe.
http://www.spiegel.de/international/europe/0,1518,815209,00.html
Greece cannot be ruled against the will of its people.
http://www.spiegel.de/international/europe/0,1518,814571,00.html
Misery in Athens.
http://www.bbc.co.uk/news/business-17034677
Another tweek of the thumbscrew.
Building a Conservative majority
An article from Conservative Home. Further articles will be added.
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-1-recruitment-of-more-northern-candidates.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-2-replacing-the-barnett-formula.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-3-ending-windfarm-subsidies-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-4-take-the-nhs-off-the-table-again.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-5-english-votes-for-english-laws.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/buildingamajority6.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/lib-dem-marginals.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-8-shock-and-awe-tax-cuts-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-9-cutting-the-unions-election-warchest-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/the-conservative-hq-plan-to-win-36-seats-from-labour-and-14-from-the-liberal-democrats.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-10-rescheduling-the-election-debates-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-11-rescheduling-the-election-debates-conservativemajority.html
This is not the same as the one above.
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-12-tougher-immigration-policies-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/the-grit-list.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-14-a-new-party-chairman-with-the-authority-to-rethink-tory-electora.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-1-recruitment-of-more-northern-candidates.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-2-replacing-the-barnett-formula.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-3-ending-windfarm-subsidies-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-4-take-the-nhs-off-the-table-again.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-5-english-votes-for-english-laws.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/buildingamajority6.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/lib-dem-marginals.html
http://conservativehome.blogs.com/majority_conservatism/2012/02/building-a-conservative-majority-8-shock-and-awe-tax-cuts-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-9-cutting-the-unions-election-warchest-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/the-conservative-hq-plan-to-win-36-seats-from-labour-and-14-from-the-liberal-democrats.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-10-rescheduling-the-election-debates-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-11-rescheduling-the-election-debates-conservativemajority.html
This is not the same as the one above.
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-12-tougher-immigration-policies-conservativemajority.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/the-grit-list.html
http://conservativehome.blogs.com/majority_conservatism/2012/03/building-a-conservative-majority-14-a-new-party-chairman-with-the-authority-to-rethink-tory-electora.html
Monday, 13 February 2012
Join the club George
See:
http://www.spiegel.de/international/europe/0,1518,814920,00.html
http://www.bbc.co.uk/news/world-europe-17012604
Brussels praises Greek cuts vote. Well it would, wouldn't it. Let's see what happens after the Greek general election in April.
http://www.dailymail.co.uk/debate/article-2100429/Eurozone-crisis-Germanys-nasty-little-game-push-Greeks-break.html
http://blogs.telegraph.co.uk/finance/matspersson/100014896/democracy-and-transparency-remain-the-biggest-victims-of-the-euro-crisis/
http://www.telegraph.co.uk/finance/financialcrisis/9079366/Greece-what-happens-now.html
http://www.ekathimerini.com/4dcgi/_w_articles_wsite3_1_13/02/2012_427392
A Greek view.
http://www.spiegel.de/international/europe/0,1518,814939,00.html
Excellent three part article.
http://www.spiegel.de/international/europe/0,1518,814920,00.html
http://www.bbc.co.uk/news/world-europe-17012604
Brussels praises Greek cuts vote. Well it would, wouldn't it. Let's see what happens after the Greek general election in April.
http://www.dailymail.co.uk/debate/article-2100429/Eurozone-crisis-Germanys-nasty-little-game-push-Greeks-break.html
http://blogs.telegraph.co.uk/finance/matspersson/100014896/democracy-and-transparency-remain-the-biggest-victims-of-the-euro-crisis/
http://www.telegraph.co.uk/finance/financialcrisis/9079366/Greece-what-happens-now.html
http://www.ekathimerini.com/4dcgi/_w_articles_wsite3_1_13/02/2012_427392
A Greek view.
http://www.spiegel.de/international/europe/0,1518,814939,00.html
Excellent three part article.
Sunday, 12 February 2012
Greece burns
I commend the article below:
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9077586/Germanys-Carthaginian-terms-for-Greece.html
See also:
http://www.telegraph.co.uk/finance/financialcrisis/9078221/Greece-passes-crucial-bailout-vote-as-country-burns.html
http://www.spiegel.de/international/europe/0,1518,814864,00.html
http://www.bbc.co.uk/news/world-europe-17008476
http://www.bbc.co.uk/news/world-europe-17007761
http://talking-clock.blogspot.com/2012/02/greece-how-bbc-and-sky-conspired-yet.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9077586/Germanys-Carthaginian-terms-for-Greece.html
See also:
http://www.telegraph.co.uk/finance/financialcrisis/9078221/Greece-passes-crucial-bailout-vote-as-country-burns.html
http://www.spiegel.de/international/europe/0,1518,814864,00.html
http://www.bbc.co.uk/news/world-europe-17008476
http://www.bbc.co.uk/news/world-europe-17007761
http://talking-clock.blogspot.com/2012/02/greece-how-bbc-and-sky-conspired-yet.html
Wot! No agenda?
Rusthall Parish Council spent £450 + VAT for a website. I am writing this post at 13.50 on Sunday 12th February. A few moments ago I looked at the Council's website for the agenda for tomorrow's meeting. A wasted visit, all that was on offer was the agenda for the meeting on 9th January.
Not good enough.
Update: The agenda appeared on the website on 13th February!
Not good enough.
Update: The agenda appeared on the website on 13th February!
Greek Parliament vote
The Greek parliament will decided if the nation is to be beheaded or strangled. Much better for Greece to default and leave the eurozone rather than suffer a lingering death by accepting the loan terms and years of misery. Yes, leaving the eurozone will be painful, but for a shorter period and may protect the nation from civil strife and even revolution.
http://www.telegraph.co.uk/finance/financialcrisis/9076557/Greece-now-needs-145bn-bailout-to-avoid-collapse.html
http://www.telegraph.co.uk/finance/financialcrisis/9076305/Merkel-has-herself-to-blame-if-Greece-defaults.html
http://www.bbc.co.uk/news/world-europe-16998157
http://www.telegraph.co.uk/finance/financialcrisis/9077224/Greece-a-breath-away-from-ground-zero-PM-warns.html
http://www.bbc.co.uk/news/world-europe-17003432
http://www.telegraph.co.uk/finance/financialcrisis/9077958/Greek-protestors-greet-bailout-vote-with-fire-bombs.html
http://www.telegraph.co.uk/finance/financialcrisis/9076557/Greece-now-needs-145bn-bailout-to-avoid-collapse.html
http://www.telegraph.co.uk/finance/financialcrisis/9076305/Merkel-has-herself-to-blame-if-Greece-defaults.html
http://www.bbc.co.uk/news/world-europe-16998157
http://www.telegraph.co.uk/finance/financialcrisis/9077224/Greece-a-breath-away-from-ground-zero-PM-warns.html
http://www.bbc.co.uk/news/world-europe-17003432
http://www.telegraph.co.uk/finance/financialcrisis/9077958/Greek-protestors-greet-bailout-vote-with-fire-bombs.html
Friday, 10 February 2012
Homelessness: not a lifestyle of choice
Many years ago I knew a person who had been a Conservative councillor, chairman of an urban district council and a magistrate. His business failed, so did his marriage and he became homeless, took to drink and died before reaching his 60th birthday.
Another person ran a building company, a major contract to build a school failed. He too lost everything.
The causes of homelessness are many and it is correct to state that the causes of homelessness for a particular individual are often the fault of that individual, but not in all cases.
UPDATE: 3 March 2012
http://www.yourtunbridgewells.co.uk/news/historic_property_suggested_as_new_premises_for_tunbridge_wells_soup_kitchen_1_1223281
The factors leading up to a person becoming homeless can strike quickly, then homes and family disappear, former friends shun the afflicted person, solace is found in drink. All the familiar landmarks disappear.
The simple truth is that homelessness can strike all sections of society, the smug self-satisfied person of today can become the person sleeping in a heap of rags and cardboard in car parks, cut off from the rest of society.
It is the mark of a civilised society that help is given to people suffering misfortune. Much of the support that does exist for the homeless is provided by the voluntary sector and, in particular, the churches. Statutory support is patchy. I recall well the efforts (unsuccessful) of the Conservative majority on Tunbridge Wells Borough Council to stop the building of a hostel for the homeless in Tunbridge Wells.
The news that the Soup Bowl in Tunbridge Wells is to close after 24 years is disquieting. The Soup Bowl provides one meal a day for the homeless and is a lifeline for them. It has been given notice to quit by the council. Whilst I cannot comment on the reasons given for the notice being issued, one would hope that the council will support strongly the Soup Bowl to secure alternative premises. After all, councillors are not immune from the risk of becoming homeless.
See: http://www.kentnews.co.uk/news/soup_kitchen_for_tunbridge_wells_homeless_to_close_after_neighbours_complaints_1_1201591
Another person ran a building company, a major contract to build a school failed. He too lost everything.
The causes of homelessness are many and it is correct to state that the causes of homelessness for a particular individual are often the fault of that individual, but not in all cases.
UPDATE: 3 March 2012
http://www.yourtunbridgewells.co.uk/news/historic_property_suggested_as_new_premises_for_tunbridge_wells_soup_kitchen_1_1223281
The factors leading up to a person becoming homeless can strike quickly, then homes and family disappear, former friends shun the afflicted person, solace is found in drink. All the familiar landmarks disappear.
The simple truth is that homelessness can strike all sections of society, the smug self-satisfied person of today can become the person sleeping in a heap of rags and cardboard in car parks, cut off from the rest of society.
It is the mark of a civilised society that help is given to people suffering misfortune. Much of the support that does exist for the homeless is provided by the voluntary sector and, in particular, the churches. Statutory support is patchy. I recall well the efforts (unsuccessful) of the Conservative majority on Tunbridge Wells Borough Council to stop the building of a hostel for the homeless in Tunbridge Wells.
The news that the Soup Bowl in Tunbridge Wells is to close after 24 years is disquieting. The Soup Bowl provides one meal a day for the homeless and is a lifeline for them. It has been given notice to quit by the council. Whilst I cannot comment on the reasons given for the notice being issued, one would hope that the council will support strongly the Soup Bowl to secure alternative premises. After all, councillors are not immune from the risk of becoming homeless.
See: http://www.kentnews.co.uk/news/soup_kitchen_for_tunbridge_wells_homeless_to_close_after_neighbours_complaints_1_1201591
Greece: the heat is on. Portugal next?
Greece is on its last legs: street riots, government resignations, a plummeting economy. Whatever measure you use, the outlook is grim. How is it that this state of affairs has come to pass in a European country that a member of the EU and the eurozone? The causes of the problems have been articulated on this blog many times and I do not intend to re-visit them. What concerns me are the consequences of the failure to deal with the causes. It is a sad story of the abject failure of the leadership of the EC and heads of national governments to act decisively months ago.
The danger is that what has happened to Greece could happen in varying degrees to Portugal, Italy and Spain.
http://www.spiegel.de/international/europe/0,1518,814500,00.html
Is Portugal next?
http://www.spiegel.de/international/europe/0,1518,814464,00.html
EU keeps pressure on Athens.
http://blogs.telegraph.co.uk/finance/jeremywarner/100014766/europe-is-now-deliberately-trying-to-push-greece-out/
http://www.bbc.co.uk/news/world-europe-16981783
Athens riots.
http://www.telegraph.co.uk/finance/financialcrisis/9074467/Violence-erupts-as-Greek-unions-begin-48-hour-strike-in-pictures.html
http://www.spiegel.de/international/europe/0,1518,814523,00.html
Without a new beginning, Athens is lost
http://www.bbc.co.uk/news/world-europe-16987644
Greek Coalition hit by defections.
http://www.zerohedge.com/news/greek-police-threaten-imf-arrests-due-austerity-demands
http://www.bbc.co.uk/news/world-europe-16987644
Greek PM warns of 'uncontrolled chaos'.
http://www.telegraph.co.uk/finance/financialcrisis/9075380/Greek-prime-minister-warns-of-uncontrolled-chaos-if-country-defaults.html
http://blogs.telegraph.co.uk/finance/matspersson/100014739/for-greece-this-is-only-be-the-beginning/
The danger is that what has happened to Greece could happen in varying degrees to Portugal, Italy and Spain.
http://www.spiegel.de/international/europe/0,1518,814500,00.html
Is Portugal next?
http://www.spiegel.de/international/europe/0,1518,814464,00.html
EU keeps pressure on Athens.
http://blogs.telegraph.co.uk/finance/jeremywarner/100014766/europe-is-now-deliberately-trying-to-push-greece-out/
http://www.bbc.co.uk/news/world-europe-16981783
Athens riots.
http://www.telegraph.co.uk/finance/financialcrisis/9074467/Violence-erupts-as-Greek-unions-begin-48-hour-strike-in-pictures.html
http://www.spiegel.de/international/europe/0,1518,814523,00.html
Without a new beginning, Athens is lost
http://www.bbc.co.uk/news/world-europe-16987644
Greek Coalition hit by defections.
http://www.zerohedge.com/news/greek-police-threaten-imf-arrests-due-austerity-demands
http://www.bbc.co.uk/news/world-europe-16987644
Greek PM warns of 'uncontrolled chaos'.
http://www.telegraph.co.uk/finance/financialcrisis/9075380/Greek-prime-minister-warns-of-uncontrolled-chaos-if-country-defaults.html
http://blogs.telegraph.co.uk/finance/matspersson/100014739/for-greece-this-is-only-be-the-beginning/
Charming!!
Interesting headline for an article (see below). Pushes the nationalist cause further into the mire. The article deserves a much better headline than that provided.
See: http://englishpassport.org/2012/02/10/a-brief-argument-for-english-independence-you-are-welcome-to-scotland-now-piss-off/
The headline below made me chuckle.
See: http://englishpassport.org/2012/02/10/a-brief-argument-for-english-independence-you-are-welcome-to-scotland-now-piss-off/
The headline below made me chuckle.
It will be the local elections soon.
The political parties will have decided whom their candidates are for the forthcoming local elections. From now until the elections in May we can expect a steady drip of political literature through our letter boxes, unless we live in a 'safe' seat in which case it is likely nothing will be delivered until April which is election address time.
It disappoints me that people vote at local elections for parties rather than individuals and that is why I applaud individuals prepared to stand as independents. Sadly, national politics rather than local issues determine overwhelmingly voting behaviour in local elections.
The election in the Borough of Tunbridge Wells should be interesting as there are a number of marginal seats.
Southborough & High Brooms is being defended by the Conservatives. Has 2 Conservative and 1 Labour councillor. This is a seat Labour might have been expected to win had it not been for a stunning Conservative gain last year in a by-election for Southborough Town Council. Local factors may well play a part, as there is vigorous opposition to plans to develop land and build a supermarket.
St John's has 2 Conservative and 1 Liberal Democrat councillor. The seat is being defended by the Conservatives, who won a seat from the Liberal Democrats last year.
Pembury also has 2 Conservatives and 1 Liberal Democrat councillor. The seat is being defended by the Conservatives who had a good result last May which made up for an earlier defeat to the Liberal Democrats in a by-election.
Broadwater is being defended by the Conservatives. The other councillor for the ward, a Liberal Democrat, died recently and it is possible that a by-election could be held, although one would hope that a by-election is not called and that both seats are contested in May.
Benenden & Cranbrook has 2 Conservative and 1 Liberal Democrat councillor. Should be a Conservative hold in May.
Rusthall. UKIP won a seat from the Conservatives last May. This year the defending Conservative councillor is also Leader of the Council. The Liberal Democrats have held Rusthall in the past, so it will be an interesting three-way contest.
It disappoints me that people vote at local elections for parties rather than individuals and that is why I applaud individuals prepared to stand as independents. Sadly, national politics rather than local issues determine overwhelmingly voting behaviour in local elections.
The election in the Borough of Tunbridge Wells should be interesting as there are a number of marginal seats.
Southborough & High Brooms is being defended by the Conservatives. Has 2 Conservative and 1 Labour councillor. This is a seat Labour might have been expected to win had it not been for a stunning Conservative gain last year in a by-election for Southborough Town Council. Local factors may well play a part, as there is vigorous opposition to plans to develop land and build a supermarket.
St John's has 2 Conservative and 1 Liberal Democrat councillor. The seat is being defended by the Conservatives, who won a seat from the Liberal Democrats last year.
Pembury also has 2 Conservatives and 1 Liberal Democrat councillor. The seat is being defended by the Conservatives who had a good result last May which made up for an earlier defeat to the Liberal Democrats in a by-election.
Broadwater is being defended by the Conservatives. The other councillor for the ward, a Liberal Democrat, died recently and it is possible that a by-election could be held, although one would hope that a by-election is not called and that both seats are contested in May.
Benenden & Cranbrook has 2 Conservative and 1 Liberal Democrat councillor. Should be a Conservative hold in May.
Rusthall. UKIP won a seat from the Conservatives last May. This year the defending Conservative councillor is also Leader of the Council. The Liberal Democrats have held Rusthall in the past, so it will be an interesting three-way contest.
Thursday, 9 February 2012
Greek austerity agreement does not resolve eurozone problems
All gloom and doom. Greece has had it, a country in servitude to the rest of the eurozone. Just sit back and wait for the civil explosion.
http://www.telegraph.co.uk/finance/financialcrisis/9073002/Greeks-approve-tombstone-austerity-deal-with-troika.html
http://www.telegraph.co.uk/finance/financialcrisis/9072214/Euro-crisis-averted-Dont-believe-a-word-of-it.html
http://www.bbc.co.uk/news/world-europe-16976520
http://roarmag.org/2012/02/breaking-the-taboo-the-inevitability-of-a-greek-euro-exit/
http://www.telegraph.co.uk/finance/financialcrisis/9073002/Greeks-approve-tombstone-austerity-deal-with-troika.html
http://www.telegraph.co.uk/finance/financialcrisis/9072214/Euro-crisis-averted-Dont-believe-a-word-of-it.html
http://www.bbc.co.uk/news/world-europe-16976520
http://roarmag.org/2012/02/breaking-the-taboo-the-inevitability-of-a-greek-euro-exit/
Anti-German sentiment on the rise in Greece
The photograph is taken from a gallery that may be found at:
http://www.spiegel.de/international/europe/0,1518,814344,00.html
Railing against the 'Fourth Reich'.
On cue, the German Finance Minister doubts if the austerity agreement reached will be enough. See:
http://www.spiegel.de/international/europe/0,1518,814363,00.html
See also:
http://www.bbc.co.uk/news/world-europe-16971733
Wednesday, 8 February 2012
Is it satire?
I implore you........please, please follow the link below.
http://englishpassport.org/2012/02/08/influx-of-skinhead-types-into-ukip-create-membership-boast-for-the-english-democrats/
Well, is it poor quality satire? Or, does the author of this drivel believe it to be true?
There is much more material of this genre on the English Passport site.
http://englishpassport.org/2012/02/08/influx-of-skinhead-types-into-ukip-create-membership-boast-for-the-english-democrats/
Well, is it poor quality satire? Or, does the author of this drivel believe it to be true?
There is much more material of this genre on the English Passport site.
Greece, a goner?
The modern history of Greece is one of political instability. Add to this economic instability, a citizenry being ravaged by austerity imposed from without and no obvious signs of a remedy for the social ills being created. A triumph for the European ideal.
The tragedy being played out in Greece is shameful. The guilty parties are those who signed up to the nonsense of the eurozone. Siren voices who pointed out the structural failures of the eurozone: lack of a central bank with teeth, no arrangements for capital and revenue transfers were laughed out of court. Those who mocked the dissenters are not laughing now. But they will escape public opprobrium. Convenient to have bankers to heap blame on.
http://www.telegraph.co.uk/finance/financialcrisis/9067564/Greek-trump-card-fails-as-stronger-Europe-shrugs-off-break-up-threat.html
http://www.spiegel.de/international/europe/0,1518,814095,00.html
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100014697/for-greece-a-tear-for-brussels-a-blush/
http://www.telegraph.co.uk/finance/financialcrisis/9070286/Euro-soars-as-ECB-offers-debt-deal-to-Greece-as-talks-continue.html
UPDATE: http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100014720/greek-death-spiral-accelerates/
http://www.telegraph.co.uk/finance/financialcrisis/9072118/Eurogroup-to-discuss-Greek-austerity-deal.html
http://www.telegraph.co.uk/finance/financialcrisis/9070991/Greek-austerity-and-reform-measures-factbox.html
Greece is heading for civil chaos.
The tragedy being played out in Greece is shameful. The guilty parties are those who signed up to the nonsense of the eurozone. Siren voices who pointed out the structural failures of the eurozone: lack of a central bank with teeth, no arrangements for capital and revenue transfers were laughed out of court. Those who mocked the dissenters are not laughing now. But they will escape public opprobrium. Convenient to have bankers to heap blame on.
http://www.telegraph.co.uk/finance/financialcrisis/9067564/Greek-trump-card-fails-as-stronger-Europe-shrugs-off-break-up-threat.html
http://www.spiegel.de/international/europe/0,1518,814095,00.html
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100014697/for-greece-a-tear-for-brussels-a-blush/
http://www.telegraph.co.uk/finance/financialcrisis/9070286/Euro-soars-as-ECB-offers-debt-deal-to-Greece-as-talks-continue.html
UPDATE: http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100014720/greek-death-spiral-accelerates/
http://www.telegraph.co.uk/finance/financialcrisis/9072118/Eurogroup-to-discuss-Greek-austerity-deal.html
http://www.telegraph.co.uk/finance/financialcrisis/9070991/Greek-austerity-and-reform-measures-factbox.html
Greece is heading for civil chaos.
More articles on constitutional change.
The debate on constitutional reform has descended into farce with the ludicrous statement by Tim Farron MP, President of the Liberal Democrats that Britain is as tyrannical as Syria. What a prat.
http://www.telegraph.co.uk/news/politics/liberaldemocrats/9062973/Britain-tyrannical-as-Syria-with-unelected-Lords-says-Lib-Dem.html
For more enlightened comments see:
http://blogs.telegraph.co.uk/news/benedictbrogan/100135742/why-is-nick-clegg-being-so-coy-about-his-reform-of-the-lords/
Interesting article on the Scottish independence issue:
http://www.telegraph.co.uk/news/politics/9067394/English-Tory-MPs-to-campaign-against-Scottish-independence.html
http://www.telegraph.co.uk/news/politics/liberaldemocrats/9062973/Britain-tyrannical-as-Syria-with-unelected-Lords-says-Lib-Dem.html
For more enlightened comments see:
http://blogs.telegraph.co.uk/news/benedictbrogan/100135742/why-is-nick-clegg-being-so-coy-about-his-reform-of-the-lords/
Interesting article on the Scottish independence issue:
http://www.telegraph.co.uk/news/politics/9067394/English-Tory-MPs-to-campaign-against-Scottish-independence.html
Tuesday, 7 February 2012
The tone of eurozone break-up talk changes
A few months ago the idea that the eurozone might break up or lose a member either through default or voluntarily was anathema. There is no legal process for leaving the eurozone but de facto departure could happen and there is nothing de jure that can prevent it.
The following articles are indicative of the new mood.
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100014648/salut-souverainistes-some-details-on-the-proposed-euro-break-up/
http://www.bbc.co.uk/news/business-16923706
http://www.telegraph.co.uk/finance/financialcrisis/9066691/Euro-can-survive-without-Greece-claim-ahead-of-key-talks.html
http://www.spiegel.de/international/europe/0,1518,813919,00.html
Time to end the Greek rescue farce.
The following articles are indicative of the new mood.
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100014648/salut-souverainistes-some-details-on-the-proposed-euro-break-up/
http://www.bbc.co.uk/news/business-16923706
http://www.telegraph.co.uk/finance/financialcrisis/9066691/Euro-can-survive-without-Greece-claim-ahead-of-key-talks.html
http://www.spiegel.de/international/europe/0,1518,813919,00.html
Time to end the Greek rescue farce.
Market Day
Saturday was the 'big' market day in Chesterfield. Apart from the indoor market, there was (and is) a big outdoor market which lost some of its character when food stalls were transferred to the indoor market. A good market is as much a social gathering as a place of business and in this respect Chesterfield market was excellent. Wandering round the stalls one would meet friends, either stall-holders or customers, and enjoy the occasional drink, alcoholic and non-alcoholic, from flasks.
Then it was but a short step to The Market public house for a session. Our group was eclectic and during the course of the afternoon would vary is size from three up to as many as twenty people. Sadly our conviviality came to an abrupt halt at 3.00PM with closing time.
Then it was but a short step to The Market public house for a session. Our group was eclectic and during the course of the afternoon would vary is size from three up to as many as twenty people. Sadly our conviviality came to an abrupt halt at 3.00PM with closing time.
Opt-outs from the EU
A number of Conservative MPs and the Daily Telegraph have become excited over opt-outs from the EU. I do not share the enthusiasm: far better to leave the EU.
The final post is on a different subject: permitting women to be bishops in the Church of England. A splendidly splenetic article.
http://www.telegraph.co.uk/news/worldnews/europe/eu/9064096/We-have-European-opt-outs-so-why-not-use-them.html
http://www.telegraph.co.uk/news/uknews/9062967/MPs-urge-Cameron-to-opt-out-of-EU-laws-on-policing.html
http://www.telegraph.co.uk/comment/letters/9062615/Repatriate-powers-on-crime-and-policing-say-Conservative-MPs.html
http://www.telegraph.co.uk/comment/telegraph-view/9063203/These-Tory-MPs-are-in-tune-with-the-country.html
http://www.telegraph.co.uk/news/religion/9064109/Let-us-pray-for-those-against-women-bishops.html
The final post is on a different subject: permitting women to be bishops in the Church of England. A splendidly splenetic article.
http://www.telegraph.co.uk/news/worldnews/europe/eu/9064096/We-have-European-opt-outs-so-why-not-use-them.html
http://www.telegraph.co.uk/news/uknews/9062967/MPs-urge-Cameron-to-opt-out-of-EU-laws-on-policing.html
http://www.telegraph.co.uk/comment/letters/9062615/Repatriate-powers-on-crime-and-policing-say-Conservative-MPs.html
http://www.telegraph.co.uk/comment/telegraph-view/9063203/These-Tory-MPs-are-in-tune-with-the-country.html
http://www.telegraph.co.uk/news/religion/9064109/Let-us-pray-for-those-against-women-bishops.html
Monday, 6 February 2012
Another day in Euroland
Greece in the last chance saloon? Omens not good. Either Greece will default or its people will have to accept further austerity with a good chance it will lead to civil insurrection.
The French presidential election is causing concern in Berlin. The puppet Sarkozy could lose the election to his socialist rival with the consequence that France will take an independent line.on EU and eurozone issues.
http://www.spiegel.de/international/europe/0,1518,813524,00.html
Greece must reform if it is to expect solidarity
http://www.telegraph.co.uk/finance/financialcrisis/9062897/Greece-falters-in-debt-talks-with-creditors.html
http://www.telegraph.co.uk/finance/financialcrisis/9061815/Greek-debt-talks-flounder-over-labour-laws.html
http://openeuropeblog.blogspot.com/2012/02/greek-end-game.html
http://www.bbc.co.uk/news/business-16900700
Bailout talks delayed.
http://www.telegraph.co.uk/finance/financialcrisis/9064250/Germay-France-and-EC-increase-pressure-on-Greece.html
'George Karatzaferis, leader of far-right party LAOS, said: "I will not contribute to the explosion of a revolution from destitution that will burn all of Europe." '
http://www.spiegel.de/international/europe/0,1518,813676,00.html
Merkel demands quick action.
French election and German involvement:
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9062509/French-socialists-Latin-revolt-against-Germany.html
http://www.spiegel.de/international/europe/0,1518,813583,00.html
Crisis desperation drives Merkel to campaign for Sarkozy.
http://www.bbc.co.uk/news/world-europe-16907175
http://www.telegraph.co.uk/comment/9066860/France-falls-for-Nicolas-Sarkozys-new-arm-candy.html
The French presidential election is causing concern in Berlin. The puppet Sarkozy could lose the election to his socialist rival with the consequence that France will take an independent line.on EU and eurozone issues.
http://www.spiegel.de/international/europe/0,1518,813524,00.html
Greece must reform if it is to expect solidarity
http://www.telegraph.co.uk/finance/financialcrisis/9062897/Greece-falters-in-debt-talks-with-creditors.html
http://www.telegraph.co.uk/finance/financialcrisis/9061815/Greek-debt-talks-flounder-over-labour-laws.html
http://openeuropeblog.blogspot.com/2012/02/greek-end-game.html
http://www.bbc.co.uk/news/business-16900700
Bailout talks delayed.
http://www.telegraph.co.uk/finance/financialcrisis/9064250/Germay-France-and-EC-increase-pressure-on-Greece.html
'George Karatzaferis, leader of far-right party LAOS, said: "I will not contribute to the explosion of a revolution from destitution that will burn all of Europe." '
http://www.spiegel.de/international/europe/0,1518,813676,00.html
Merkel demands quick action.
French election and German involvement:
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9062509/French-socialists-Latin-revolt-against-Germany.html
http://www.spiegel.de/international/europe/0,1518,813583,00.html
Crisis desperation drives Merkel to campaign for Sarkozy.
http://www.bbc.co.uk/news/world-europe-16907175
http://www.telegraph.co.uk/comment/9066860/France-falls-for-Nicolas-Sarkozys-new-arm-candy.html
Sunday, 5 February 2012
Still no end in sight for Greece
The problems of the Greek economy, austerity measures and sovereign debt are no closer to resolution.
http://www.telegraph.co.uk/finance/financialcrisis/9061815/Greek-debt-talks-flounder-over-labour-laws.html
UPDATE: http://www.telegraph.co.uk/finance/financialcrisis/9062897/Greece-falters-in-debt-talks-with-creditors.html
http://www.bbc.co.uk/news/business-16895356
Meanwhile, rumblings on the Tory back benches.
http://www.telegraph.co.uk/news/politics/conservative/9061882/Conservatives-bid-to-block-rise-in-IMF-bail-out-cash.html
John Redwood, another senior Conservative eurosceptic, said he thought the majority of the Tory backbenches would vote against handing more British money to the IMF.
"We fully support the chancellor when he says he does not want extra IMF money to be given to prop up a currency," said Mr Redwood.
"I am happy for IMF money to go and help poor African countries - not to bailout broke but rich Western economies. Greece is no longer a sovereign country. It is a region in a currency union.
"The IMF would not bailout California. On the same premiss it should not give more money to save parts of euroland."
http://www.telegraph.co.uk/finance/financialcrisis/9061815/Greek-debt-talks-flounder-over-labour-laws.html
UPDATE: http://www.telegraph.co.uk/finance/financialcrisis/9062897/Greece-falters-in-debt-talks-with-creditors.html
http://www.bbc.co.uk/news/business-16895356
Meanwhile, rumblings on the Tory back benches.
http://www.telegraph.co.uk/news/politics/conservative/9061882/Conservatives-bid-to-block-rise-in-IMF-bail-out-cash.html
John Redwood, another senior Conservative eurosceptic, said he thought the majority of the Tory backbenches would vote against handing more British money to the IMF.
"We fully support the chancellor when he says he does not want extra IMF money to be given to prop up a currency," said Mr Redwood.
"I am happy for IMF money to go and help poor African countries - not to bailout broke but rich Western economies. Greece is no longer a sovereign country. It is a region in a currency union.
"The IMF would not bailout California. On the same premiss it should not give more money to save parts of euroland."
Congratulations
Members of Rusthall Parish Council were out in force this morning clearing paths of snow. Congratulations.
Friday, 3 February 2012
Eurozone debt
As the domestic press focus on the charges brought against Chris Huhne, the travails in the eurozone continue. In the order of things the former is minor, the latter serious, but then people love an human interest story. Might be difficult to find a jury of twelve people not antipathetic to the Liberal Democrats. :)
http://www.telegraph.co.uk/finance/financialcrisis/9055142/Bundesbank-sinks-deeper-into-debt-saving-Europe.html
http://www.telegraph.co.uk/finance/financialcrisis/9055437/Greece-nears-debt-deal-with-banks-but-EU-clash-looms.html
http://www.telegraph.co.uk/finance/financialcrisis/9057597/Eurozone-bail-out-funds-not-enough-warns-OECD.html
http://www.telegraph.co.uk/finance/financialcrisis/9057912/US-Feds-Ben-Bernanke-warns-on-eurozone-stress.html
Update:
http://www.telegraph.co.uk/finance/financialcrisis/9060541/Greek-debt-deal-edges-closer-as-talks-restart.html
http://www.telegraph.co.uk/finance/financialcrisis/9055142/Bundesbank-sinks-deeper-into-debt-saving-Europe.html
http://www.telegraph.co.uk/finance/financialcrisis/9055437/Greece-nears-debt-deal-with-banks-but-EU-clash-looms.html
http://www.telegraph.co.uk/finance/financialcrisis/9057597/Eurozone-bail-out-funds-not-enough-warns-OECD.html
http://www.telegraph.co.uk/finance/financialcrisis/9057912/US-Feds-Ben-Bernanke-warns-on-eurozone-stress.html
Update:
http://www.telegraph.co.uk/finance/financialcrisis/9060541/Greek-debt-deal-edges-closer-as-talks-restart.html
Rubbish
The local press informs us that Rusthall Parish Council is to decide on its response to an enquiry from Tunbridge Wells Borough Council about the location of recycling skips. Currently the skips are located close to the shops. Residents living near the skips complain about the noise created when the skips are emptied.
One possible place to relocate the skips has been made by a cabinet post holder on Tunbridge Wells Borough Council. Residents in the proximity of the possible new site are up-in-arms. There has been one 'heated' meeting of residents and I anticipate a good turnout of the public at the next Parish Council meeting on 13th February.
Think I will attend and watch the fun.
One possible place to relocate the skips has been made by a cabinet post holder on Tunbridge Wells Borough Council. Residents in the proximity of the possible new site are up-in-arms. There has been one 'heated' meeting of residents and I anticipate a good turnout of the public at the next Parish Council meeting on 13th February.
Think I will attend and watch the fun.
Thursday, 2 February 2012
UK constitutional issues
My, Nick (It's time for a REAL referendum on Europe) Clegg has been busy stating his opinions on Lords' reform, devolution and Scottish independence.
http://www.bbc.co.uk/news/uk-politics-16830331
http://www.bbc.co.uk/news/uk-politics-16841779
http://www.bbc.co.uk/news/uk-politics-16830331
http://www.bbc.co.uk/news/uk-politics-16841779
Wednesday, 1 February 2012
Sue and be damned!
Many denizens of the blogosphere do not understand that the law of defamation applies to posts on blogs. This is the case particularly at the seedier end of political blogs and fora. However, even 'respectable' bloggers can get carried away and publish material which, viewed in the cold light of day, it might have been preferable not to have posted.
Politics is a rough trade. Insults abound. Fortunately most blogger politicians are thick-skinned and take as good as they give. Court cases have established that a political party cannot be defamed. The chairman of a small insignificant party has taken exception to material about the party published on a blog and has claimed that it is defamatory of him personally as he is a leading member of the party. I cannot of course publish the words complained of as that would be repeating the alleged defamation. A High Court action has been commenced and the outcome will be viewed with considerable interest, not least in the blogosphere.
Postscript:
One of my readers has suggested that this post should be entitled Publish and be damned. Fair point. However, commencing a court case is not something to be undertaken lightly and there is a risk a plaintiff might lose. Where would such a person's reputation (and the political party's) be then?
Politics is a rough trade. Insults abound. Fortunately most blogger politicians are thick-skinned and take as good as they give. Court cases have established that a political party cannot be defamed. The chairman of a small insignificant party has taken exception to material about the party published on a blog and has claimed that it is defamatory of him personally as he is a leading member of the party. I cannot of course publish the words complained of as that would be repeating the alleged defamation. A High Court action has been commenced and the outcome will be viewed with considerable interest, not least in the blogosphere.
Postscript:
One of my readers has suggested that this post should be entitled Publish and be damned. Fair point. However, commencing a court case is not something to be undertaken lightly and there is a risk a plaintiff might lose. Where would such a person's reputation (and the political party's) be then?
More Euroland links
The first link draws attention to the problems facing the eurozone, as disparities between economies widen. There will have to be asset transfers between countries, as there are in the USA between states and between regions in the UK. The EU has the Social Fund, but this is of limited scope and is not the vehicle that should be used.
http://www.telegraph.co.uk/finance/financialcrisis/9052931/German-jobs-miracle-as-Latin-unemployment-soars.html
More on the ECB:
http://www.telegraph.co.uk/finance/financialcrisis/9052931/German-jobs-miracle-as-Latin-unemployment-soars.html
And finally, Boris Johnson tilting at the French:
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9052891/London-Mayor-says-bonjour-to-banks-fleeing-French-tax.html
Apparently several hundred thousand French people live/work on London.
http://www.telegraph.co.uk/finance/financialcrisis/9052931/German-jobs-miracle-as-Latin-unemployment-soars.html
More on the ECB:
http://www.telegraph.co.uk/finance/financialcrisis/9052931/German-jobs-miracle-as-Latin-unemployment-soars.html
And finally, Boris Johnson tilting at the French:
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9052891/London-Mayor-says-bonjour-to-banks-fleeing-French-tax.html
Apparently several hundred thousand French people live/work on London.
Silly Six: part two
I note the author of the English Passport blog refers to some of the other members of the Silly Six as being members of UKIP Black Ops. Does the author believe such a group exists?
I am down as Care in the Community, which I assume is an ageism joke. In fact the title fits me well as I am a director of a mental health charity and over the years have been connected with community groups, and charities which are providing care, help and support for people of all ages.
So, I take the title accorded to me as a compliment.
I am down as Care in the Community, which I assume is an ageism joke. In fact the title fits me well as I am a director of a mental health charity and over the years have been connected with community groups, and charities which are providing care, help and support for people of all ages.
So, I take the title accorded to me as a compliment.
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