In other news there is in fact other news than the shocking revelations that journalists use dodgy methods, some police will sell journalists information for a wodge or cash or a few pints and politicians will suck up to anyone that might give them a gnats fart of a whiff of power and aren’t to be trusted. As others have observed very little of this is new or really surprising – and really how much would anyone care if it had just been confined to celebs and politicians?
But yes other news, amazingly other stuff has still been happening. Mainly that the European economy is continuing to do rather badly with Italy looking like they may soon have credit problems. Meanwhile despite actual opposition our Government has decided that in this time of austerity we should be chucking another 9 billion to the IMF – to lend to countries that can’t afford to pay back their existing debts (Captain Ranty has the list of those that voted to give away our money). These problems are apparently causing the great and good to talk about doubling the Euro bailout fund (H/T Traumaville gazette) though where that money will come from… And then just to help really put the boot in whilst asking councils to save money the Government is now planning the EU fine them under the new Localism Bill – Yep a localism bill that puts more power in the hands of the EU. Surprisingly all of this may be making the EU unpopular. Meanwhile at home despite all that stimulus the economy is still flat lining, maybe it’s time to encourage business. Things aren’t looking that much better across the pond where government spending is increasing an order of magnitude faster than median income. But no worries look at those naughty journalists.
Finally for all those crying out to defenestrate Cameron (an idea I’m not adverse to) who would you replace him with? As Old Holborn observes News International seems to have collapsed in a fortnight, we could do the same with our politicians (if they don’t do it to themselves) but then what?
Meanwhile it may be time I started reading CityAM.
