Wednesday, October 08, 2008

This is the Day

So, there we have it, we have a big bold government, unafraid to take big, bold decision to save capitalism the banks, the nation. There doesn’t seem to be too much to take issue with regarding the big rescue plan, and even if there was, my feeble financial brain wouldn’t understand it, but, as you might expect, I have some thoughts on the matter.

I have been hearing all day about how the banks will have learnt their lesson. What lesson would this be then? That they can continue to make merry with the finances of the nation, risk the collapse of all our financial institutions, and when it all goes tits up, the government will step in and rescue them. The taxpayer will foot the bill, initially, anyway. Meanwhile, the banks themselves can continue to rob the rest of us blind.

I don’t find it curious, but I do find it aggravating that we must save the financial institutions at all costs, whereas when manufacturing industries go wrong, the market dictates that they must fall, even if it means that entire communities will be devastated. At least the iron masters were producing something; these chuffing bankers are motivated by nothing other than greed. It’s funny how the market can only be interfered with when it is the big financial institutions that are at risk. I admit that I know too little about all this economic shit to have a coherent opinion, I just can’t see why a labour government hasn’t felt able to make big, bold decisions on behalf of the poorest in our society; on behalf of the desperate and the destitute............. those with no hope, of whom we have no shortage.

Whatever happened to the trickle down effect?

The UK’s record on alleviating childhood poverty has been slammed this week; can we have a big, bold policy decision on this please? How about the equality gap, can we have a bit of boldness there? Oh, sorry, forgot, there is no money. How about a big bold strategy to finally ban the insanity of allowing our children to be assaulted?

“…..we, the data fiends, are going to take over the world... Starting with this book." a review of an interesting book exploring some common myths regarding football stats and opinion.

David Davies, ex big wig at the FA and occasional rubbish presenter of the Sunday morning sports show on 5 live has a book out, and you can't escape the bugger, which is a good thing, because he furnished us with some details of the disciplinary hearing which preceded Eric Cantonas trawler and seagulls quote. Apparently, when he was invited to speak by the disciplinary panel, Cantona began 'I would like to thank the chairman, I would like to thank Manchester United, I would like to thank Mr Ferguson, I would like to thank the prostitute with whom I slept last night, I would like to thank...' It made me laugh, anyway.

We don't seem to be able to escape long pieces on the film about the Naples underworld, Gomorrah, either, which is a good thing, as far as I am concerned.

What is most striking about her is that she seems perfectly untroubled by either curiosity or the usual processes of thought. When answering questions, both Obama and Joe Biden have an unfortunate tendency to think on their feet and thereby tie themselves in knots: Palin never thinks.
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