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Top Banker |
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The role of president of the European Central Bank (ECB) is vitally important for the prudent management of the euro. A tricky task when it is used in nineteen countries with widely-divergent economies.
On Friday Christine Lagarde started her eight year term as ECB president - and set out with a commitment for further euro printing. But that was arranged by Draghi before he left. An unusual move in the circumstances - and one that was opposed by seven of the twenty-five strong governing council. A body that reflects that basic problem with the EU - the differences between the financial policies needed in, for example, Greece and Germany. It is also a body that Mde. Lagarde will need for help - since she lacks any central bank experience herself. But that never stopped her at the IMF so the chances are that the euro will not fall into terminal decline - despite various predictions in recent years. Just as long as the Germans can keep their economy buoyant ... and stick with the euro. |
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tags: trust me, bankers, money printing, EU |
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Another False Dawn |
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It’s November and the UK’s position with the European Union remains unchanged. Despite all the promises we are still paying the EU vast amounts so that they can spend our taxes on themselves and their pet schemes in Europe and on aid around the world.
But the first six of these weeks will be spent campaigning in a general election. Then at least the next three will be spent getting the new parliament in place and taking a Christmas-New Year break. Then no more than four weeks will remain for the new balance of power to take control and finalise a plan. Of course the numbers are critical in determining how these four weeks progress - if at all. The so-called Liberal Democrats (George Orwell’s fictional NewSpeak becomes fact!) intend to revoke our request to leave if they get the chance. And there are constituencies that voted to remain in 2016 where today’s voters think that this is acceptable practice. With a number of MPs switching their allegiance the party could gain seats - but perhaps not enough to have another female Prime Minister just yet [sorry Jo]
At the Shrine of the Dead Donkey the Conservative position is let’s back the May-Robbins-Johnson deal and move on. This policy could be good enough to convince enough voters and so add enough seats for a new government to have a working majority. Its major weakness is that it leaves the country shackled to our friends in Europe. And that man Barnier is already lined-up to extract the maximum punishment in the trade talks still to come. Given the time and effort spent to get to the current position - and what has happened with other trade deals - we could be suffering at the hands of the EU for many more years. Finally we have the party that highlighted the problems created when widely divergent nations are tied to a common bureaucracy. In this election the Brexit Party will suffer from being seen as a one issue party - and from the Conservatives reluctance to spell out what their deal really means. The voting public are smart enough to treat Euro elections differently to domestic ones. So the TBP will not gain as many seats as they did earlier this year. However they have the possibility of gaining some and these could be critical in influencing the outcome of those four weeks in January. It all depends on how well the implications - and shortcomings - of the current deal can be explained. And if the new parliament reverses the no-deal block that was imposed by political scaremongers in the last session. Time to book some holidays away from all of this ... |
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tags: independence, no deal, Brexit, leave, no more delays |
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What More Can We Take? |
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This weekend should, according to previous promises by our Prime Minster, be the country’s last as a member of the European Union.
True the lack of a majority in parliament has left the country with a government that is unable to govern. With an array of anti-exit political factions and vested interests against it any meaningful progress has become impossible - even the judiciary showed their bias. Of course, for the many Grandads happy to support leaving without the far-reaching constraints demanded by the EU, this situation means that a bad deal has also been delayed - so far. But with many politicians demanding that No-Deal is taken off the table the chances of the UK actually escaping the spider’s web of EU control next week seem slim. Obviously giving up on the present parliament and having a general election does offer a potential solution. But only if it results in a clear majority of MPs being in one camp or the other. Recent experience shows that another minority government could be the result - and then we are back in the same situation by Christmas. The public’s view of our pseudo-democratic representatives must now have fallen to an all-time low - with plenty of justification. |
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tags: independence, no deal, Brexit, leave, no more delays |
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Jester Minute |
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In a surprise move a group of MPs - also ones opposed to leaving the European Union - have presented a case to the Royal and Ancient High Court of Lindisfarne to amend the calendar through a decree that October can no longer have 31 days.
The members involved stated that this was a long disputed issue that seriously disadvantages millions of British people no longer able to remember the rhyme about the number of days in each month. This was now seriously impacting the mental health of the nation and was costing the NHS millions. They are, therefore, demanding that the speaker of the house makes an order for the immediate acceptance of their Calendar Correction Bill - as soon as the court issue their verdict. This is expected by Wednesday at the latest. These same members also stated that this urgent action is totally unrelated to any other matters that parliament is currently considering or in any way linked to blocking the UK from leaving the EU. To quote Our only interest being protecting the well being of the nation. Update: Today the Lord Provost of the Lindisfarne Court announced that the case had been rejected and gave a summary of the grounds for its rejection. These were that the plaintiffs did not attend the court in person as required, that no victims of the supposed injustice were presented and that the High Court’s jurisdiction on such issues had been terminated by Act of Parliament in 1648. |
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tags: Useful Idiots, remain, block, anti-democratic, sarcasm |
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Storm Approaching |
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As predicted last week, the new deal with the EU revealed today - and immediately accepted by Brussels - is the May-Robbins dead donkey treaty with some tweaks for the Irish issue but now with a divorce bill reduced to just £33,000 million! So it seems our all-new prime minister is actually Theresa May 2.0 underneath.
For the other political parties the latest deal has already been rejected as a step backwards and provided them with more fuel for revoking our Article 50 leave request; probably via a one-sided referendum. A view that might now just win out. If it does then the only bright spot would be a general election to follow with an opportunity to vote in a Brexit parliament that would invoke Article 50 again - if the EU had not blocked countries using that route by then. That tangled web is entrapping us more and more ... |
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tags: Brexit, slaves, sell-out, fatal flaw |
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Darkening Skies |
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Today the bookies are rethinking their odds that there will be a UK-EU deal agreed as soon as next week. Clearly someone thinks that a deal is near.
Why? Because the only deal the EU have ever supported is their one-sided treaty agreed to by the May-Robbins gang. A treaty that even these same anti-no deal politicians rejected no less than three times. This is the only deal that is ready-to-go - and one already approved by the 27 EU members. Grandad could be wrong and a complete replacement for the 600+ page treaty might be created in time to be approved next week. But pigs might fly. So what about a few quick edits on the existing treaty? Well the only edits so far covered relate to the Irish land border. Nothing else has been aired in public. The logical implication is that the original treaty - the dead-donkey deal - will be tweaked for the Irish issue and then put to the UK parliament for a fourth time. And, as before, if approved it will commit the country to a much despised Brexit-in-name-only future. A Pyrrhic victory that leaves the UK with the worst of no-deal and worst of remain without any advantages. And a general election will punish the culprits but come too late to undo the mess. Oh! What a tangled web we weave, when first we practice to deceive. |
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tags: Brexit, slaves, sell-out, fatal flaw |
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We Cannae Take Much More Captain |
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As the political wrangling reaches fever-pitch the mood amongst the general population seems to range from despair to barely contained anger.
At least the EU politburo is working towards an objective with a plan - even though it is flawed plan to create a European Empire ruled by a central cabal. Whereas every UK plan seems to be to try anything and hope we can all muddle through. All the time expecting that everyone involved will play the game with fairness and honesty. An ideal that cuts little ice in the 21st century. The next few weeks are supposed to be our last under EU control .. but we have all heard that so often before. |
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tags: independence, no deal, Brexit, leave, no more delays |
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Good Riddance |
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Given that it is now 1,200 days since the EU membership referendum result and that was preceeded by months if not years of pro- and anti- arguments you would think that every possible issue had been covered.
Looking at our politicians - and judges - from outside of the metropolitan bubble gives Grandads little insight into their off-camera activities. but experience tells us that most are driven by self interest - be that personal, financial or idealogical. So we cannot see who is getting paid or benefiting from insider trading or who is trying to weaken or even break-up our country. But there can be little doubt that they exist. And outside of the UK we have little support from powerful EU figures - unlike leaders in Australia and the United States for example. And the typical EU view is that we are there to be exploited and restricted in any way possible. Their words deny it - but their actions do not. The country has to leave - and today would not be too soon! |
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tags: independence, no deal, Brexit, leave, no more delays |
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Political Breakdown |
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With just five weeks to the next critical date the UK’s political pundits are getting geared up for long spells in the limelight. Clearly a situation that many of them enjoy. And this time the top lawyers and lobbyists are adding to the twists and turns as they seek to turn political actions into criminal activities.
Luckily today’s Grandads are too young to have fought in a world war - even though there has still been too many conflicts since the 1940s. But they have had to experience the crass stupidity, blatant self-interest and false ideologies of too many politicians and civil servants over the years. And the next few weeks seem likely to add more depressing episodes in this long history of political infamy. Just like watching a train wreck from a distance, it’s horrific but there’s nothing we can do to stop it ... |
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tags: independence, no deal, Brexit, leave, no more delays |
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Learn From History |
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As the horrors of the 1939-45 War fade from living memory they become just another part of history. And our present day issues with the European Union are almost always taken as short term; arguments unrelated to the bigger picture or long term perspective.
As a result few, if any, in those shouting, banner-waving mobs have any concept of the plans behind the EU’s on-going fiscal and legislative programme. To many a highlight of EU legislation is the capping of mobile phone roaming changes [seriously - this was circulated as a major reason to remain just last month!]. Few have bothered to read - much less digest - the plans dictated by top eurocrats and EU civil servants. However you would hope that all pro-EU activists - especially those who have spent the past three years shouting down anyone who disagreed - would have read what it says on the tin. Yet it seems not. Just this week we saw a pro-EU placard-waving marcher asked for their three favourite things about the EU. They could only think of one - the NHS! Those who cannot remember the past are condemned to repeat it. [George Santayana] |
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tags: independence, no deal, Brexit, leave, no more delays |
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Logic Holiday |
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The years of political argument - first about Scotland leaving the UK and then about the UK leaving the EU - have left our politicians struggling to cope. The resulting breakdown of traditional positions has lead to party members being so confused as to be supporting opposing views - at the same time! Take the SNP leadership’s current position that Brexit going ahead will boost their case for a second Scottish referendum. So do they support Brexit? No they are trying very hard to stop it - so weakening their own case for a re-run of the vote.
Not to be left out we have LibDem politicians demanding a second referendum for the people to be heard but then vowing to ignore the result if it was another win for Leave. Why bother? Plus we have politicians from all parties who keep telling us - with a straight face - that they know no one wants to leave the EU without a deal. Totally ignoring the national ballot carried out earlier this year where the Brexit Party took the most MEP seats and formed the largest single party. They campaigned to leave - no matter what. And if the vote had been under Westminster general election rules they would have won hundreds more seats than LibDem, Labour and Conservative combined. Yet politicians know that the people don’t really want it. Finally we have the Irish backstop farce where the key issue is maintaining free access between the ROI and the UK. The EU took the position that the UK had to provide a solution using the slogan - you created the problem you have to fix it. In response the UK has agreed to maintain the present open border. The most it can do without any powers to control the ROI side of the line. Irish politicians - you would hope - should be prepared to do the same. But it seems they cannot do that without the permission of the EU - having given away their sovereignty in exchange some nice shiny euros. So this farce is an EU creation that politicians are trying to make the UK solve - without any powers to achieve it. Difficult is do-able and impossible will take a bit longer. Away from Westminster we have the BBC headlining every bit of news that favours remain or stokes up leaving fears. Hardly the best way to convince millions of pensioner customers that they should pay for even more years of being told that they don’t know how to vote. Logic has certainly taken a holiday .. |
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tags: independence, no deal, Brexit, disruption, broken logic |
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Foretold .. |
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tags: meme, prediction, Brexit, upset plans, leaving, promise |
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Action Stations |
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What a difference to the previous Prime Minister’s administration!
This has certainly given the flocks of political pigeons around Westminster a mighty scare. Opponents of the 2016 referendum result were scheming up blockages and diversions aimed at ensuring we do not leave. But they had not allowed for this. Sessions of parliament usually run for around 12 months and until recently started in November. But the current one started with the State Opening that was held 21 June 2017 - so it is already a record 14 months late; due to our previous PM’s repeated delays. So be prepared for screams from the Westminster plotters and cheers from those wanting Brexit to happen sooner rather than later. And if approved this could also mean the end of the line for Speaker Bercow - surely a win-win situation ... |
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tags: independence, no deal, Brexit, disruption, cunning plan |
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More Talk Without Action? |
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For the first time in over forty years the UK Prime Minister is attending the annual G7 meeting without being treated as an ongoing member of the EU. And despite Britain’s role in the world economy being downplayed by our EU friends the pending status change will most likely be a boost for the UK.
Looking forward, if the UK does achieve a political separation from the EU - and the remaining European countries do implement their plan to federate - then the structure of the group will need major changes. Clearly both Russia and China are key economic players and could join - despite having political policies that are unacceptable to existing G7 members. But the question that needs to be asked is - do these meetings result in any measurable gains? And if not then are they needed at all? |
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tags: independence, status, who gains |
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Meme of the Day |
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tags: mandate, leave, no deal, independence, choice |
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Meme of the Day |
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tags: EU, comic, mEUppets, waste, abuse, taxpayer rip-off |
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Extinction Confusion |
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Groups of self-styled activists have picked up the issue of man-made climate change and are loudly demanding governments act to stop it; immediately. Clearly this issue is far from new - and there are known solutions. And even though the protesters are seemingly fully committed to the cause, the implications of their radical demands are far-reaching and quite literally life-changing. Eliminating the use of fossil-fuels would stop all commercial flights, ships, trucks and most personal transport; except for electric trains, bicycles and the limited number of fully electric cars. This move alone would spell not just the end of overseas holidays but also stop most of our essential services. With so much shipped in, out and around every day - everything from clothes to cans of beans could not be made or delivered to the shops. Foraging in the fields for edible vegetables could replace food banks. And actually growing crops without the use of diesel-power would cut productivity levels to near zero. Fighting for food would be the new norm - the young, the old and the weak would soon perish. But the chances that this scenario would happen are near zero - since governments have shown themselves to be too ineffective to carry through such unpopular measures.
Since capital punishment seems unlikely to return in the short term the excess of people may have to be tackled by voluntary euthanasia. It would of course need to be a far bigger scale than those in present day Switzerland and Belgium. However nature may well assist - on a potentially massive scale - through drug resistant bacteria, exotic fatal diseases - and of course - climate change itself. But as long as governments are in control of the situation they are not going to legislate for reductions in population. They need expanding populations to keep paying more and more in taxes to prop-up the currency and debt mountains. So those protesters who really believe in their slogans face either a life in a pre-industrial landscape or volunteering to die for their cause. But even after these extreme measures the Earth’s climate will continue to change. And the idea of flying-off to another planet to start again will be shown to be just a Dr Strangelove fantasy. Truly a dystopian future ... |
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tags: over-population, rebellion, climate, future |
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Yorkshire Day |
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Despite the politics, and the weather, Yorkshire flags will be flying high again today. And even though politicians continue to ignore - or even block - the region’s choices, normal life will go on without much in the way of protests or demonstrations. The droughts, the floods, the heat and the cold are just minor annoyances to be endured. The lack of accountability at the Yorkshire tourism organisation will be handled without melodrama. And in or out of the EU the average Yorkshire citizen will just quietly get on with making a living. So today will more likely be celebrated by a pint or a larger portion of fish and chips than a ticker-tape parade. Them southerners can do all that sort’a stuff ... |
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tags: stoic, low-key, taciturn, celebration |
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How Many More Wasted Days? |
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Having spent too many weeks getting Mrs May to go, and then weeks more finding a replacement, the Days-Not-Out total has grown to 1,125.
So will Mr Johnson be able to cut the EU apron strings by then or will he simply get tangled up and have to call for yet another extension? Many Grandads will be looking at the calendar and thinking that many of those 100 days are going to be taken up with holidays, party conferences and end of term wind-downs for the outgoing EU leaders. Getting out in 100 days is a big ask - so doing it in as few as 20 to 30 working days seems even more problematic. When you add in the time that the Government might need to spend on issues other than Brexit - and the number of anti-Brexit trouble makers - Bojo will need to move very quickly to get anything done in time. He has the leadership of the Conservative Party - but very little control at Westminster. Place your bets now ... |
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tags: mandate, leave, no deal, independence, choice |
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Choices Made? |
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At our beloved European Union HQ the parliament has selected its leader for the next five years - from a candidate choice of just one! Despite this non-existent range of options Ursula von der Leyen still struggled to get enough votes to confirm her appointment as President.
Meanwhile in the UK we are still waiting to learn who has got the most votes for the job of Conservative leader - and with it the keys to 10 Downing Street. Unlike the EU election process the UK contest had an over-supply of candidates even if the voting was limited to party members. The expectation is the Boris Johnson will win with a massive majority - by a similar margin to the earlier votes by MPs. But the fractured nature of UK politics mean that even if Johnson does have much more support than anyone else there will still be party members trying to block and disrupt his time in office. Moves that invalidate the idea that they are in a single political party. The issue of Brexit has split both the Conservative and Labour parties so that we now have a least four separate groupings who are only nominally on the same side. If the factions lead to an early general election then it could be the Brexit party and the LibDems that gain - merely because they have unequivocal positions on the biggest issue this country has faced in a life time. |
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tags: mandate, leave, no deal, independence, choice |
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World of Plastic |
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Sometimes dismissing the old while embracing the new does not make for real progress. It is change without improvement.
Take the use of plastics. As a London commuter in the 1990s the majority around me were drinking bottled water out of single-use bottles. The branches of W H Smith in the main stations must have sold millions of bottles over the decade. Then the attitude was only the old or deluded were not smart enough to adopt this essential lifestyle improvement. Water shipped in - ideally from some exotic location - was de rigueur. Similarly no one brought their own bags with them when shopping. Carrying your own bags was even considered as labelling you as a potential shoplifter. Everyone was given nice clean, shiny, disposable plastic ones when checking out. It avoided the hassle of carrying a reuseable one. It was the modern convenient way to go. Again it was only the old fashioned that declined to follow such new ideas. How different in Grandad’s childhood - milk and pop in re-useable, returnable bottles; groceries in sturdy bags and household junk collected by rag-and-bone men for recycling. A process that has been replaced today by a never-ending stream of single-use plastic bags being pushed through letter boxes all around the country every day of the week. Not very eco-friendly! Certainly plastic has become an essential material in the 21st century - but we now need to be a bit more old fashioned and wise in what we use it for ... |
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tags: pollution, plastic, waste, bad habits |
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Feedback |
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Time’s Up - After much horse trading and secret deals the top eurocrats have agreed - probably - on who will become the next EU presidents. The changes are - at the European Commission Jean-Claude Juncker is to be replaced by Ursula von der Leyen; at the European Council Donald Tusk is to be replaced by Charles Yves Jean Ghislaine Michel; at the European Parliament Antonio Tajani is now replaced by David Sassoli; at the Eurogroup Mario Centeno has been in post since 2018 and at the European Central Bank Mario Draghi is to be replaced by Christine Madeleine Odette Lagarde. Surely all those Grandads who believe in continued EU membership will know all about the excellent qualities of these fine presidents - but for the rest of us it’s more like ... Who? or How did they get that job? Interestingly there was no news about the future role of Michel Barnier even though he was lined-up for a top job only a few weeks ago. BBC Sinks Even Further - Despite clearly expecting plenty of negative feedback on the plan to means test TV licences the BBC has continued to fire more and more bullets at its own feet (snowflake warning; metaphorical language - no BBC staff or members of the public were physically or mentally harmed). The announcements of the salaries of both on-screen talent and senior BBC staff triggered plenty of reaction. And not much of it was in support. Then the sheer pointless waste of sending the main evening news presenter to Lyon to interview the BBC sport presenter also in Lyon seemed to go over the heads of the executives responsible. Apart from the benefit of providing Clive Myrie with free tickets to the football match and a stay in Lyon on expenses the whole segment was just one more source of ammunition (another metaphorical). Given the situation the BBC might also have reconsidered the need to relocate morning weather forecasts to Wimbledon during the tennis - but it is likely that Carol is a tennis fan so would have resisted missing her days at courtside; with pay. And as this posting was being prepared came the news that the BBC is facing a legal challenge over its impartiality and biased coverage. It’s hard to see how this can succeed - given the resources that the BBC can throw against it. But having threatened millions of pensioners with a loss of benefit every unjustified expense and biased report is going to be jumped on - by lots of critics. |
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tags: BBC, expense, tax, tv, undemocratic, dark forces, leave now, no deal |
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Until last week the role was filled by Mario Draghi and under his management trillions of extra euros were created and mainly used to fund government borrowing and EU industries through buying their bonds. This was intended to have the effect of getting businesses to expand.
Now the mythical leaving date has been moved to the end of January 2020. This gives the politicians just thirteen weeks to complete their scrutiny and implement some form of exit plan.
Meanwhile the Marx Brothers - and Sisters - say they will delay leaving yet again so that they can negotiate a better leaving deal and then campaign to remain through a second referendum. One that excludes the option to leave as a free agent under world trade terms. Considering that many Grandads from outside of Greater London who voted to leave in 2016 are also traditional Labour voters this approach seems doomed from day one. The only question is how many seats will Labour loose?
And even though there are six remaining days for things to change, it seems almost certain that leaving at the end of October will become another promise that is broken.
A move that will end the existence the 31st of October in perpetuity - and to compensate will add an extra day to November.
If that is not the case then a Baldrick-style cunning plan could be in play - based on a guess that our self-serving politicians will defeat the dead donkey for a fourth time on Saturday - and then a hope that the EU would loose their patience and say no to another extension. Thus exiting without a deal on 31-Oct-2019. But that seems like another flying pig scenario!
So while all the anti-no deal politicians ought to be happy at the expected news it is more likely that they will live to regret their feeble-minded efforts.
How can so many of our elected representatives be so bad? Many - most - ignore their constituents’ choices and play juvenile games in an insulated metro bubble with zero regard for the well being of the nation.
But no. Instead we have shrieks and wails from anti-Brexit factions demanding months more of delays. For what? To discuss? To have a rigged referendum? To have a damaged general election? Or simply to remain- either by these repeated delays or by revoking our leave request?
But the average Grandad is less worried about who said what and much more concerned about how the eventual outcome will impact both him and his grand children.
They are in a different mental compartment to Nazi plans for controlling Europe from 1942. Yet the Treaty of Rome - the start of the current EU - was produced just 8 years after troops from the Western Allies had to carry out risky airlifts to get vital supplies to the people of West Berlin for the eleven months of a Russian blockade. Indeed British troops were still stationed in Germany when the Treaty was produced.
Then we have Labour pledging to get a better deal from the EU - and then planning to campaign against the improved deal on a remain ticket. A crazy plan that has left the EU side questioning the sanity of the Labour top team. Their position is so wacky that the party will have to allow a free vote to get round the cock-up.
Today’s headlines in the mass media say there is a plan to bring an end to the current session of parliament and start a new one in mid-October; a few weeks before the latest deadline for ending EU membership.
Those with very long memories might just recall that the European Union was invited to join this select group in 1977 by then Labour leader James Callaghan. A curious decision when all four top European nations were already represented in their own right. [But it did mean that counties like Luxembourg got a role on the big stage for once.]
Another approach to reducing the damage to the environment by human activity - is to control the human population. And not just by reducing the rate of population increase but actually reducing the number of people!
Looking forward there are now exactly 100 days to the latest deadline at the end of October.
And again those Grandads who favour staying members of the Europa Projekt will surely know all about their new ruler - but for the rest of us here is a quick update. Frau von der Leyen is currently the German defence minister - useful for those EU Army plans - but not exactly a high flyer in German politics. Back in childhood her father, Ernst Albrecht, was one of the first European civil servants who later moved back to Germany and became Prime Minister of Lower Saxony. A post that may have helped Frau von der Leyen become a minister in the Lower Saxony state government in 2003 and then in the federal government in 2005. In recent years she has been considered as a contender for the post of Chancellor and ironically NATO Secretary-General. However her performance in government has not been much of a recommendation for high office being the lowest rated minster in national polls. Some see her being gifted the top EU job as a way of removing her from German federal politics.
There are so many examples in everyday experience that you would think that everyone was aware that pursuing the new was not necessarily a route to a better life.|
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FOOTNOTES |
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1. We don’t claim copyright on any of this stuff. We won’t hassle you if you reuse it. If you don’t like it here then just move on. We don’t use cookies because we never track your actions. Some of this stuff may link to other sites. What they do is their responsibility. We used to have have links that promised to pay us for any traffic generated but the amounts were peanuts. So these are now being cleared out. |
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2. We haven’t been mis-sold any financial services. We don’t want to make any legal claims against anyone. We don’t want to help you move your offshore funds. We don’t have parcels that could not be delivered. We do have the best deals on utilities. Our web page rankings are not a problem ... |
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