England

Tom reminds us it’s also Shakespeare’s Day. What Leg-iron said, with knobs on… underdogs bite upwards: Calling England.. Happy St. George’s Day. Don’t forget Shakespeare’s birthday too. If you can’t be proud of anything else, you can be proud England…

America’s credit wobbles

The fuss about S&P’s “AAA with negative outlook” for US credit is remarkable mainly for being so far behind the curve. The Beijing-based Dagong credit rating company gave America a significantly lower “AA” with negative outlook, back in July 2010…

His gaff

I saw the article about the gay couple getting thrown out of a pub a day or so ago and I see that it is still rumbling on. In this instance, the response being pretty much that it is the…

Clegg and the College of Europe

Wheels within wheels. Via Sackerson, Jose Manuel Barroso gave a speech at the College of Europe in 2004: “ … it important to promote his positive views on the separation of powers that reflects that the EU’s three powers are…

Why politicians love value added tax

From April 2008: 1) It’s a tax on “consumption”; and consumption is A Bad Thing, as opposed to taxes on “production” which is A Good Thing. This completely ignores the fact that in a largely service based economy, one man’s…

That railway discussion

Further to the discussion about rail the other day, Tim has responded. I’ve replied at some length to his claims. For the most part, his argument is based upon cost and oddly for someone with his politics, CO2 emissions. As,…

The grand illusion of cuts

Predictable: Moving to the news that rattled US markets last night, it was really no news at all. S&P warned that the United States credit rating could be downgraded if the ratbag Republicans and the dimwit Democrats didn’t agree to…

Taxing stuff

The recent conversation over the past could of days has brought out some thoughtful comment –  so to those of you who have contributed to the discussion, many thanks. The problem that I have is that I tend to agree…