July 11th, 2012

Berlusconi Bunga Bunga Come Back Tour

Italian newspaper Corriere della Sera is reporting that everyone’s favourite teen-loving tan-admirer Silvio Berlusconi will run for Prime Minister again next year.

They claim that lovable lothario has been studying opinion polls over recent weeks and has come to the conclusion that he is the man Italians want to lead them through their economic woes.

This must call for a bunga bunga party!


  1. 1
    Lol says:

    Guess you out partying as normal then Guido/Neo Guido

  2. 2
    Bunga Bunga Girl says:

    Fantastico! Uncle Silvio will shower me with more cash, luxuries and apartments paid for by the Italian tax payer [once he’s showered me with gold]!

  3. 3
    Tessa Jowell says:

    I would vote for him. Lovely man who helped me with my mortgage without me knowing.

  4. 4
    Owain Glyndwr says:

    Christ did you have to put that up. Know damm well that will give the maximum imbecile ideas

  5. 5
    Tony Blair says:

    Lovely man. A great leader. That will be £17 million please. Bank of the Dictators, Cayman Islands branch.

  6. 6
    Owain Grindr says:

    Stop moaning plastic taff

  7. 7
    Anonymous says:


  8. 8
    Well it's a thought says:

    Which maximum imbecile would the be Owain, we seem to have so many it’s hard to keep up.

  9. 9
    Owain Glyndwr says:

    O god Anon the plastic jock

  10. 10
    Can't remember I'm Monica says:

    Don’t get any ideas Βillу, Neo Guido is as straight Bill Clinton’s cock.

  11. 11
    Owain Glyndwr says:

    Sorry my mistake one of 650 I suppose

  12. 12
    Italian Chastity model says:

    Hide your daughters over 16. Lock up your daughters under 16 years.
    If there was a sbke under a rock pile he would screw it.

  13. 13
    Italian Chastity model says:

    “Snake” that is

  14. 14
    AC1 says:

    It would amuse me greatly as getting shot of Monti would piss the EUSSR off.

  15. 15
    Anonymous says:

    There is more than one anon you stupid c’unt

  16. 16
    Owain Glyndwr says:

    Heard something strange on the steam radio, all companies that have contracts with IOC for the limpics, no matter what they, macd or contractors etc, are tax exempt, cant be right, but saying this is norm for IOC

  17. 17
    Owain Glyndwr says:

    But there is only one of you

  18. 18
    Anonymous says:

    Saw the Olympic flame earlier today and was strangely moved despite all the political bollocks and of course the cost; but to think that the flame is a symbol of the continuation of thousands of years of western civilisation. A melancholy thought that perhaps this is one of it’s last shouts. Not the end, but perhaps the beginning of the end.

  19. 19
    The Impartial observer says:

    Well, if you’re gonna get screwed, might as well be an expert that does it. Personally, I’d welcome Silvio over any of our current crop of snake oil salesmen. Man maybe a wop but at least he’s got style. And his Mafia connections are a plus. Better class of criminal in Italy. The honest type.

  20. 20
    Everyone on Order-Order says:


  21. 21
    WHO GIVES A FUCK says:

    “I did not drink Guinness with that MP”

  22. 22
    Gordon Brown(Live from Ed Miliband's house of Commons Office) says:

    Now if he can run again for P.M.

    so can I ………

  23. 23

    From the photos i saw of his cock , my daughter has bigger lipsticks

    It wouldn’t frighten a mouse

  24. 24
    a non says:

    If its one eyed snakes your talking about I will accept Silvio rather than than the maximum imbicele

  25. 25

    Piss off you.

    Italy soon gets tired of socialists.

    Give the man a UK passport, I say and the PLP can be blown away.

    (Ooooh! Did I just say that?)

  26. 26

    He’s part of the “Muffia”

  27. 27
    Olympdick says:

    and your own life FFS

  28. 28
    Anonymous says:

    Fuck off you muzzie cuпt.

  29. 29
    Anonymous says:

    ….and you, kiddie fiddler.

  30. 30
    Fawkbender says:

    If the Italians voted for Belusconi, it would be like voting for Gordy in the UK elections to be PM

  31. 31
    Fawkbender says:

    So Silvio is the one that showed you all there is to know about offshoring

  32. 32
    Fawkbender says:

    You not cross the Cosa Nostra or they will cross you in a different way, in the same way the P2 not all you banking types

  33. 33
    A voter says:

    I have no idea what that would be like

  34. 34
    Fawkbender says:


  35. 35
    ed martin says:

    feed burleyphoney to the Christians

  36. 36

    If you can run for Prime Minister again, then so can John Smith.

  37. 37
    Carlos says:

    In addition to constantly dropping his pants, he also lowered the taxes for the little people. The Italians are now learning that for all his dalliances, he actually tried to keep the state out of people’s pockets.

    They are now learning what the EU is really all about, new & higher taxes and a German trained lackey trying to run the show. They’re even having to put security around tax and government offices to keep the rabble at bay… and the Left stand there looking like rabbits in the headlights.

    He might yet return!

  38. 38
    Lord Mandy, Mandy. Earl to the Duchy of Northumberland says:

    If I can come back……

    Well, then Labour supporters are even thicker than I’d imagined.

    And I already imagined them to be a very thick sort of underclass, beer swilling, darts and pies and soccer fighting and trying to look down girl’s tops, sort of underground dwellers.

  39. 39

    Who the fuck appointed that idiot Paice as minister for agriculture ?
    first he doesn’t know the price of milk
    (for which Kay Burley ripped him on sky news)
    Then he goes in front of the dairy farmers meeting in London this afternoon
    who are all absolutely livid that the milk processors have slashed their prices for the second time in two months , and say

    “The first thing you should ask yourselves is have you cut your production cost down as low as you can”?
    By the reaction , he was lucky not to be lynched
    I remember this happening a few years ago when many dairy farmers went out of business
    because the French/Italian farmers were undercutting our farmers
    They will lower the price until another large part of our farmers go under , then they frogs and wop’s put the prices back up
    Makes you wonder if their governments are subsidising these moves

  40. 40
    Lord Mandy, Mandy. Earl to the Duchy of Northumberland says:

    No..not you again, Gordy. Didn’t turn out very well for any of us, did it?

    I think it might be Tony’s turn for a comeback.
    If only there was some way I could get him to ditch his awful wife.

    Might have to give Carole Caplin a call.

  41. 41

    How can Mr Burlesque-cunny stand for re erection ?
    They now have an EU appointed PM

  42. 42
    John Terry says:

    That comment wasn’t me by the way.

  43. 43
    Angela Merkel says:

    Bunga face cannot stand again.
    I make ze appointments now.

    Germany and Italy have a pact of steel.

    Zey raise up ze taxes.
    Ve steal ze taxes.

    Und you all sought zat ve Germans have nein sense of ze humor, Ja?

  44. 44
    Winston Churchill says:

    I think it’s the end of the beginning of the end actually so fook right off!

  45. 45
    The Paragnostic says:

    I don’t think that “golden shower” means what you think it does, dear.

    Just beware if Silvio turns up with a tarpaulin or lots of towels…

  46. 46
    François Hollande says:

    Sit on my face and say that again you dirty bitch!

  47. 47
    prick watch says:

    No, it was by you, you prick.

  48. 48
    Anonymous says:

    says the bellend.

  49. 49
    Expat Geordie says:

    And there was me thinking that the olympic flame was only started by the nazis in 1936.

    It’s in south Dorset Friday and Saturday. I won’t be bothering.

  50. 50
    The Sleeper says:

    Yeah…dropped daughter off to see the flame…what a complete non event!!!

    Loads of coppers trying to whip up a bit of cheering….and after 600 yards of torch carrying the whole bloody lot of the chosen few hop on a bus to get to the next venue 5 miles down the road.

  51. 51
    The Sleeper says:

    Hmmmm……likes looking at photos of mens cocks,and relates size to daughters lipstick!

  52. 52
    the best of sylvio says:

    Anybody who can do this to a traffic warden is OK in my book. BTW, don’t watch any further if you have nightmares about washing down bogies with a swig of coffee.

  53. 53
    double yawn with cherries on top says:

    Haha, that’s rich coming from the blogging equivalent of Mogadon.

  54. 54

    Berlusconi’s cock
    here is the right honourable member


  55. 55
    Tat's Mummy in Heaven says:

    Poor Tat, is your bwain still cwippled dear?

    There there Tat don’t you cwy no more, remember you pwomist mummy in heaven that you wouldn’t cwy. So take your tablets and go to sleep and I’ll watch over you dear.


  56. 56
    Mike Hancock MP says:

    Seems like a right fella to me, anyway, can’t see what everyone’s on about with him and the young birds, and corruption, and unsavoury connections and suchlike…Boaz.

  57. 57
    Jimmy Cricket says:

    Get well soon Tat.

    They’re making wonderful advances in both recuperative medicine and in treating severe mental disorders.

    We hope you can make useful comments someday soon.

  58. 58
    Frederick says:

    The tradition of the olympic flame journey was started by Mr Hitler in 1936.

  59. 59
    Frederick says:

    You’re only supposed to blow the b***dy doors off!

  60. 60
    Health and Safety, Celebrating 20 Years of Extinguising the Joy of Life says:

    On a bus? With the Olympic flame? That violates Health & Safety Executive Order 1997-119223B-4118(c) subsection 592 paragraph 3.

  61. 61
    Frederick says:

    Better that than his daughter’s cock and Silvio’s lipstick

  62. 62
    The Snorer says:

    Hmmmm……likes pretending to be a psychologist and feels protective of Dave Camermong!

  63. 63
    Anonymous says:

    Well, if you don’t uphold your own western values and traditions, who will? And if you don’t, you deserve everything you get. Hope your daughter enjoyed it though.

  64. 64
    Anonymous says:

    He wasn’t all bad then.

  65. 65
    Handycock (Teen Fondler) says:

    I do not see anything wrong with my great friend Silvio standing again for Prime Minister, just as I see no reason for me not to either stand as an MP again or be elevated to the House of Lords. One’s private life is just that and should remain private. Boaz.

  66. 66
    David Camoron (one-term PM) says:

    Subsidising? That would be illegal, and my beloved EU (which is so wonderful and beneficial the the UK) would never allow that.

    I wonder what the EU does with the £13,300,000,000 I give it every year..

    Oh well, never mind! Back to the busy busy business of closing hospitals, because we’re broke.

    Toodle pip!

  67. 67
    Anonymous says:

    Why don’t you get back to selling your arse for crack Jimmy, you creepy little bastard?

  68. 68

    Mr Handycock : Thought you would be off on a gov fact finding mission to Malawi
    lots of young girls getting pregnant there , some under 12 years old

  69. 69
    ollie reed says:

    unfortunate moment, cold water etc etc

  70. 70
    Cato Street Conspirator says:

    Perhaps Dame Mrs David Mills can run as well.

  71. 71
    Anonymous says:

    Lucky for you that you’re mum’s still alive, else you wouldn’t have anybody to sleep with you sad, lonely mong.

  72. 72
    Expat Geordie says:

    What tradition? One started by old Adólf back in 1936? I’d have thought that we would had dropped that one like a stone when we held the next ones in ’48.

    Incidentally, if you want to find a good use for an olympic flame, look up Paul Hogan’s Alternative Olympics.

  73. 73
    David Cameron (Leader of the Nasty Party) says:

    We are the Party elected by the Shirkers and the Cabinet is composed of 100% dedicated Shirkers.

    The Tories have the Shirker vote sown up !

  74. 74
    Expat Geordie says:

    Okay Mr Móderátor. I have two totally inoffensive comments currently awaiting móder@tion. The only common factors are the words “ólympíc”, “flámé”, and “19,36”. What is so óffensíve abóút thósé?

  75. 75
    A Cy Ki says:

    Hard to say who’s the more deluded, Clegg or Burlesqueonly

  76. 76
    The Paragnostic says:

    Here is a nice short article on fractional reserve banking that explains in terms even Ed Balls could understand why it is a “bad thing”™

  77. 77
    A Cy Kyatrist says:

    Perhaps if you’d posted 15 minutes earlier …. ?

  78. 78
    The Right Honourable Tony Blair says:

    I love a good bumming

  79. 79
    Anonymous says:

    mod test




  80. 80
    Anonymous says:

    Tried the same thing and the post didn’t even appear.

  81. 81

    TaT learned a few things today:

    1. He’s gonna be a dad.
    2. He’s gonna be a step-brother.
    3. His mother’s not on the pill.

  82. 82
    Aunty Matter says:

    What planet are the Tories on? So you save all your life buy a home and put a bit aside to either hand on to your children or use it as a next egg in retirement. Now the Tories plan to rob you in your old age to pay for the care you may need, care that if you’re a bone idle c u n t or a Somali dole scounger who has never paid a penny into the system, you’ll get it for free.

    I notice that Osbone and Cameron got or will get millions handed down to THEM by their families, perhaps they should donate all that to the state to care for others? Thought not.

    This Government has run its course now, time to get rid, fuck knows what we will replace it with. I’d suggest a proper Tory government that stops starting wars and wasting billions on weapons we don’t need nor afford, get the fuck out of the EU (save us even more) and cut wasteful spending, give the NHS a good kicking and use the money we save to pay pensioners a decent pension and provide proper care.

  83. 83
    retardEd Miliband says:

    That’th nothing! My party hath the Parathite Vote thown up.

    Every parathite in the country thupportth uth. Be they immigrant parathiteth, or chav parathites. The lazy and the feckleth, they all await the return of New Generation Labour, to thpray money all over them.

    And thpray them we thall!

  84. 84
    modbot says:

    Two can play at that game.




  85. 85
    modbot says:

    Happens a lot lately. You are not alone (although your post might be).

  86. 86
    Tat's Mummy in Heaven says:

    Don’t cwy Tat, don’t cwy mummy loves you.

  87. 87
    Well it's a thought says:

    The only ones who vote are the pensioners,and now they are getting told after years of taxes and still getting taxed that they have to give up their houses because they need to pay for a second time for the taxes they have already paid that supposed to have paid for the same service, surely the good old human rights comes into play for them.

  88. 88
    Jimmy Cricket says:

    Get back to Ed’s cock Tat.

  89. 89
    Hár*ry C#ole is a tit says:

    Nee Oh G* UI*DO
    is an
    Over MÓde r@t*ng
    Wá*nker who has
    Des*troyed This BLÓG

  90. 90
    Anonymous says:

    Not so, teste de cazzo, Belesconi blows his own money not OP’ s

  91. 91
    David Camoron says:

    Look, I have to make cutbacks here, because the £11billon I spend annually on foreign aid (to countries that spend billions on nuclear weapons and space programmes) doesn’t grow on trees, you know.

    And I’m sure in your heart of hearts you’re actually very proud of the fact that when I financially ra*pe you in your old age, I’m giving the money to Som ah lees who showed up in the country yesterday, who don’t spe*ak English, will never spe*ak English, and will never do an honest day’s work here.

    Toodle pip!

  92. 92
    Look whos back.. says:

  93. 93
    Anonymous says:

    Oh, forgot to tell you Jimmy, sloppy seconds for you tonight, mum her back door open again.

  94. 94
    Anonymous says:

    Yeah, your mummy loves you too, you dirty little fucker.

  95. 95
    Norman Stanley Fletcher says:

    ‘If it’s one-eyed snakes you’re taliking about…’

    Don’t they teach English at schools these days?

  96. 96
    Norman Stanley Fletcher says:

    Meet the new boss, the same as the old boss.

    The parting on the left is still the parting on the left
    And of new ideas, they’re completely bereft.

    I can’t be fooled again by Bliar, because I wasn’t fooled by that smarmy snake-oil salesman the first time.

  97. 97
    A snot-nosed one-eyed bullying bullshitting thug and cheat says:

    I knew there was no difference between that posh Tory Toff and me – except that I do it better! He’s doing everything I did – so why not just put me back in No 10?

  98. 98
    HA HA HA HA HA says:

  99. 99
    Merkozy says:

    Silvio you are a deluded oaf – ve haf banned postponed democracy in Italy until the Eu crisis is over.

  100. 100
    Ed Balls - Shallow Chancer says:

    He can also give brilliant advice on Banking supervision and regulation.

  101. 101
    Anonymous says:

  102. 102

    What we need for Libertarianism is a theory of when government regulation is necessary and when it is not required. The previous Labour administrations managed to get this spectacularly wrong on both counts.

    The previous Conservative administrations saw, correctly IMO, that government’s job was to regulate and not to manage – unless there was no other alternative.

    Where this fell down was when the incoming Blair government, and especially but not exclusively, Brown, signalled to corporations that anything goes.

    So the theory is fine if you can trust future governments – but not otherwise.

  103. 103
    The Paragnostic says:

    Presumably “Dr” Clarke took less than 11 years to produce his thesis (I wonder what bollocks that was in), and is thus even more suited to advise Labour than Salvador Mundi.

  104. 104

    The pound is at a three year high. Some properties are selling. Emigrate and buy AUD, NOK, CHF.

    You know it makes sense.

  105. 105
    Anonymous says:




  106. 106
    Silvio says:

    Well said Handy, Ruby the heartbreaker is yours at the next bunga bunga. Hope you are having a good time in hospital? Villa in Spain? Give your boys best wishes from my boys. See you soon. Jahbulon.

  107. 107
    The Paragnostic says:

    As I see it, going in with the mindset that “all government interference is a bad thing” would be a good start.

    Government regulation should only be used when the harm from not regulating outweighs the harm caused by regulation.

    Labour’s attitude that the answer to every problem except those of financial services was government intrusion and new laws was the worst of both worlds – but the real failure was the creation of the FSA, which in its ineptitude and craven submission to Brown laid the foundations for a lot of the problems we now see.

    If financial regulation is required, then what is needed is not a bunch of Keynsian cronies feeding credit booms, but a room full of experienced bankers with game theorists to advise them on ways in which proposed regulations can and will be exploited by the smart guys in the dealing rooms.

    We need to put regulation on a rational basis, and game theory rather than leftist economics is the tool for that.

  108. 108
  109. 109
    nellnewman says:

    ber luscon nio another orange man just like peterhain.

    Why do these eccentric idiots take to politics?!

  110. 110
    nellnewman says:

    You need to hit the caps lock on the left hand side of your keyboard . It will stop you shouting ++Sigh++

  111. 111
    Anonymous says:

    Same here, I hated the slimy little get at first sight on Newsnight, many moons ago.

  112. 112
    The Paragnostic says:

    Why should it be a given that you have a right to hand property to your descendants?

    Surely, if you require permanent care that costs far more than you have ever paid in NI contributions, you should be expected to fund some of the cost yourself?

    As it stands, many of the old gits dribbling into their Ovaltine have made tens or hundreds of thousands of pounds from the property boom engineered by the Mental One, without having to lift a finger. What makes it right or just that they and their offspring should benefit from an aberration in the economy caused by a lunatic, while those just entering the chain will never see such benefits?

    I reckon the proposal for a 55K cap is quite generous, since the rest will have to be funded by those still working.

  113. 113
    The Paragnostic says:

    Can’t be arsed watching it.

    Has the twat written it down anywhere?

  114. 114
    count alucard says:

    Fuck me, nell has crawled out of her fucking coffin.

  115. 115
    UKIP.i.am says:

    Spain is now almost as fukked up by being a member of the Eurozone as Greece.


    Or as Nick Clegg would say “Another triumph for the single currency and the EU”.

    Oh how extremely fortunate for us all that we didn’t adopt the policies of Europhiles like Clegg, Blair, Ken Clarke and others.

  116. 116
    Anonymous says:

    Yeah, they’re called books you taffy ignoramus.

  117. 117
    Anonymous says:

    Arrogant and thick, a toxic combination, but all too common in the EU.

  118. 118
    Blowing Whistles says:

    The proper proper English is – if it is one eyed snakes ….

    Yes the apostrophe is used nowadays but hey ho.

  119. 119
    Chris Bryant says:

    Can I hold you to that?

  120. 120
    I don't need no doctor. says:

    Nick Clegg and Mark Serwotka have much in common.

  121. 121
    Blowing Whistles says:

    Is it not a remarkable coincidence that the Bliar has also recently attempted his ‘come back’ …

    How sad is the gene pool of politicians these days.

  122. 122

    I agree with what you say, as far as it goes, but we already had a pretty good (not perfect, mind!) system in which I was schooled and gained my seniority.

    There was the occasional foul-up, BCCI for example, but even that was predictable and of course, they broke all the rules (look where it was founded.)

    My point is that we had an expertise that had been built up over centuries. that it went wrong occasionally was a good thing as it demonstrated to all that good practice is departed from at your own peril. We do not have to re-invent the wheel.

    My desire is not at this stage to make a list of rules but rather to define those specific areas in which regulation is actually desirable, and to state why.

    Clearly, being able to take deposits from the public is one area where good regulation is essential. If that could be defined well enough, as to why and how, then any future government who tore the rule book up as flagrantly as Labour did could be held to account against it.

  123. 123
    I don't need no doctor. says:

    And you alucard crawled out from Peter Hain’s arse.

  124. 124
    Admirer of Handy and Silvio says:


  125. 125
    Ex Conservative Voter says:

    I think he/she raises a very valid point, though; they must ditch Cameron soon. I don’t know why they’re hanging about. Cameron’s got “apocalyptic election defeat” stamped on his big fat stupid head. Not even Militwit can save Cameron now.

    What are they waiting for? Are they afraid the LimpDums will run away from the Coalition, leaving the Tories all on their own? So what?

  126. 126
    Blowing Whistles says:

    Tessa – besides your David Mills cover ups – don’t you alreday have enough problems with your associations with Polly Zioloon Toynbee and William zioloon Hutton?

  127. 127
    UKIP.i.am says:

    The Eurozone has turned into a game of poker. The players in the game have invested so much in the pot that, even though they only have a busted flush, they think they have little left to lose by continuing. So rather than just throwing in their hand with their worthless cards, they carry on in the forlorn hope that they can keep the game going for ever.

  128. 128
    Ex Conservative Voter says:

    When buried in a quicklime, they’re both biodegradable.

  129. 129
    arse wipe says:

    Specialising in proctology no doubt?

  130. 130
    Blowing Whistles says:

    The Burley Phoney – if that has anything to do with the leader of Bournemouth Borough Council Councillor John Beesley – he will be spitting blood and having a word with his jahbuloony mates very shortly.

  131. 131
    That look that old people have, shortly before the end says:

    He has a dad man’s face.

  132. 132
    count alucard says:

    I beg to differ, you need to see a head doctor, madam.

  133. 133
    I don't need no doctor. says:

    Labour have a policy at long last, it’s to call everything a “shambles”. Are bless!
    Ed Miliband and the rest of the labour children need to grow up, and realise they are no longer at school.

  134. 134
    Ed Miliband Labour leader says:

  135. 135
    I don't need no doctor. says:

    I have to admit I was thinking of something quiet different, but eh oh there you go.

  136. 136
    Ah! Monika says:

    Diane Abbott; humanity’s answer to bugger all.

  137. 137
    Ah, but.. says:

    “Surely, if you require permanent care that costs far more than you have ever paid in NI contributions, you should be expected to fund some of the cost yourself?”

    And there lies the problem. Alfie Chav, Labour-voter extraordinaire, never done a day’s work in his life [sic], how much is he going to pay?

    Whereas someone who bought a house in 1970 and worked for 45 years is fair game for a financial butt-f*cking by Giddy-O, the same clown who can find £11 billion to throw away every year on foreign aid, £13 billion on EU membership fees, £32billion for HS2. And £1.8billion for the email-snooping system. Plus the Euro bailouts.

  138. 138
    I don't need no doctor. says:

    You are a confused person.

  139. 139
    Saffron says:

    Completely off topic.
    Who in your opinion was instrumental in starting the events that started the 2nd world war?.
    I have been reading in some depth about the 2nd world war and have been surprised at what I have read.
    If any of you are interested in this and the politics behind this,I would love to hear your comments.

  140. 140
    Calamity Clegg says:


  141. 141
    Mad, Bad & Dangerous Gordon McRuin ( Member in absentia ) says:

    It started in America.

  142. 142
    count alucard says:

    Yeah, and you’re confusing me with someone who gives a fuck.

  143. 143
    The BBC are cunts says:

    It was all Thatcher’s fault.

  144. 144
    The Paragnostic says:

    The fact that the government wastes billions on other things really isn’t relevant.

    What is relevant is that those who are still working, but will never see the same sort of unearned gains as the already pensionable, will have to pay the care costs of the old out of their taxes.

    The chav culture is another issue entirely – to conflate the two is what I believe is called a category error.

  145. 145
    A Head Doctor FRCHD says:

    Don’t ask me – I just leave people to die in their own shit and piss.

    And anyway, I’m on strike, cos I deserve more money.

  146. 146
    A Head Doctor (NHS) says:

    Don’t ask me – I just leave people to die in their own sh!t and p!ss.

    And anyway, I’m on strike, cos I deserve more money.

  147. 147
    The Paragnostic says:

    Ah, BCCI. I remember it well – all the Labour councils whose “treasury” departments had “invested” ratepayers’ money in it were bleating like the sheep they are.

    It was also the bank on which Fred Goodwin cut his teeth, as a liquidator. There was a big fuss about inflated fees charged by Fred, money which was diverted to PWC instead of going to depositors.

    The BoE did a pretty good job of untangling BCCI, but I’m biased as an elderly relative of mine was involved (from the BoE end, naturally).

  148. 148
    The Paragnostic says:

    I was looking more for a quick summary of what he had to say, on a webpage for example.

    We do know about books in Wales, you know ;-)

  149. 149
    Ah, but.. says:

    Conflate the two? Category error?

    Not at all. As you yourself said, “Surely, if you require permanent care that costs far more than you have ever paid in NI contributions, you should be expected to fund some of the cost yourself?”

    Well, let’s see the chavs pay their fair share. Surely. Because for people who have willfully contributed nothing to receive everything free of charge, is manifestly wrong. As you yourself say (“you should be expected”). Especially, when the government can find billions upon billions of pounds to p!ss-away on countries that then use that money to buy French jet-fighters.

    Picking on those who contributed all their lives, whilst feather-bedding the feckless, is wrong, on any level. Especially when our government is awash with cash (as India will confirm).

  150. 150
    dai hard says:

    Doorstops, to level a wonky table, and bog paper, boyo.

  151. 151
    Ah, but.. says:

    I disagree with you, I think you’re quite naive, but I can’t get my comment past the infernel m*db*t (and no, it’s not rude).

    Such is life.

  152. 152
    Ah, but.. says:

    “infernal”. Bu*gger.

  153. 153
    The Paragnostic says:

    I know nothing of history, but do know that the boycott of German products from 1933 onwards by the Zionists had a critical part to play.

    That, and having a psycopath for a leader. It’s a good job we’re rid of Brown and Blair…

  154. 154
    nellnewman says:

    Interesting labour had a 14 point lead over tories last week now fallen to 7. Are you sure about those figures?

  155. 155

    We would now as the EU has taken all our money

  156. 156
    nellnewman says:

    OK Don’t panic folks the second coming of bliar is going to rescue us.

    He’ll be in a cinema near you Very Soon!

  157. 157

    I am seven points queer
    I need an ewection and i need an ewection now

  158. 158
    The Paragnostic says:

    What is true, and I think may be what you are trying to get at, is that the unspoken assumption since the founding of the welfare state has been that in exchange for paying in a limited amount during ones working life, one is entitled to an unlimited amount of care when old.

    This is and always was wrong, and demographics mean that with an increasing number of elderly people reliant on the state for care, those still working face an almost uncapped increase in their contribution – not to pay for their own future care but for the care of those already elderly.

    Such a situation is unsustainable, so the initial assumption must be rejected. Don’t forget that before WWII, no such care infrastructure existed, and since WWII, the infrastructure has grown like Topsy, and someone has to pay for it.

  159. 159
    UKIP.i.am says:

    Blair is to advise Labour. He advised Brown to join the Euro. Nuff said. Even McMental wasnt so stupid.

  160. 160
    Camertwat, briefly shaken to his senses, says:

    Look! (© B£iar) – I know the whole country wanted done with Noo£ieBore! I know that B£iar was – and is – a dirty word! I know that sensible people wanted done with the EUSSR! I know that people wanted CHANGE! I know people wanted done with PC madness and the benefit culture and all the other £ieBore Scams!

    But I love B£iar! I love the EUSSR! I’m not sensible – I’m STUPID stupid stupid! And that’s why I wasn’t capable of even winning against a charlatan!

    But my future – if I can just hang on long enough is afar greater place than this! – it’s in Brussels, – and then in the Seat of Power – Berlin – with Ange!

    So –as the common people say – fuck you!

  161. 161
    m'Lard Prizeclot, feigning hurt says:

    YA bastards! It’s just how I look after me third supper! – what’s ter follow on luv – any o them chips left?

  162. 162
    Several lady's salty parts says:

    That’s a real insult to us pampered ~#ss*s!

  163. 163

    Well there you go. the forced winding up of BCCI was only in 1991 yet, less than a decade later (1997 onwards), the moves were being put in place for the collapse we saw in 2007. Just because the collapse came in 2007, people thing it must have been brought about by events of the previous year or two. That is not the case. It started in 1997 with Brown’s ridiculous tripartite system. It started with sub-prime debt. It started with securitised debt being sold with a triple-A ratings. It started with banks delegating underwriting to credit agencies. It started with the collapse of any effective regulation. it started when spivs suddenly started to run banks which had traded safely for centuries.

    It is madness. Plain madness. As if no one learned anything. Multiple causes but within a regulatory framework that you could shoot peas through.

    No philosophy of Libertarianism will be complete without a clear picture of government’s role in banking being simply and clearly defined.

  164. 164
    Ed Balls - Shallow Chancer says:

    Perhaps the public are recalling that the financial crisis happened under the Libor party’s watch.

  165. 165
    Alyingstare Campbell says:

    Let’s not forget the thousands and thousands who died in the Bush/B£iar search for non-existent WMD in Iraq.

  166. 166
    Not U Turn Dave's voter says:

    Hello Dave

    Had a good day? No thought not.

    Just to cheer you up you might like to read this:

    Vote UKIP

  167. 167
    Anonymous says:

    Don’t be daft !!

  168. 168
    Aunty Matter says:

    Ah spoken like a true socialist. People who buy a home and work hard using money they’ve already paid tax on are somehow evil bastards are they?

    Others prefer to piss their money away on holidays getting pissed every night whilst living in a subsidised council house or in a private rented house subsidised by the tax payer?

    So they in retirement should get it free, but the person who saved has to pay?

    We’ve already had our pensions raped by the one eyed retard from Fife, most houses outside of London are not worth vast fortunes and are you really suggesting any assets you have should simply be confiscated by the state?

    If so, then start with Abramovich and his homes please and all the other rich bastards. Oh hang on they all donate to the Tories and Labour, so that’s not going to happen is it?

    If the Government did what you suggest, then all that would happen is people would sell their homes before going into care and either give the money to their kids or do what I intend to do, which is sell my home and go off round the world shagging anything with a pair of tits until I run out of money or my dick drops off. Then I shall change my name to Abdul and arrive back at Heathrow demanding to be cared for.

    There is no way I’m giving the robbing c u n t s in Westminster more of my money when millions in this Country who vote Labour are allowed to sit on their arses getting handouts for life without having to lift a fucking finger.

  169. 169
    Blowing Whistles says:

    Didn’t bliar declare his subordination to the zioloons in his book? Isn’t he just another one of their suborned quaere front sorts with narcissistic tendencies?

  170. 170
    Another Engineer says:

    Nоrwаy оr Swіtzеrlаnd? Thіs іs bаd hоw?

  171. 171
    AC1 says:

    French reparations at the end of WW1.

  172. 172
    DNA (aka The Meaning of Life) says:

    Now you know perfectly well that Herr Dawkins says every little piece of us ‘ere molecules – even of the sainted person to whom you refer – is precious!

  173. 173
    AC1 says:

    >Whereas someone who bought a house in 1970 and worked for 45 years is fair game for a financial butt-f*cking by Giddy-O

    Totally wrong. When they die the money will be used. But they’ll be dead.

  174. 174
    The Paragnostic says:

    While we have politicians who believe that “kicking the can down the road” by running trade and budget defecits in order to cover current spending, or even worse by quantitative easing, which is so far as I can see devaluation plus plain old fraud, it’s a moot point whether any government involvement in regulation is wise.

    Any attempt to define what should or should not be regulated needs to take into account the political sphere, as the experience of allowing Brown and Blair to ruin the regulatory regime should be a lesson to future politicians.

    I’m in favour of returning to the pre-97 regulatory framework, with an increase in required reserves, but we must ensure that politicians and political placemen have no place in such a system. Trouble is, most of the experience in the BoE has gone, and reintegrating the FSA into the Bank would only bring the standards of the Bank down. Quite where we would get the skills and experience needed is a difficult question.

    As a general point, where and when governments should intervene in the financial sphere is as difficult to pin down as where and when a new law is justifiable – I’m only in favour of new rules if something is so novel that existing common law does not cover it, and would use the same rule of thumb for financial instruments.

  175. 175
    Barreness Udders, sucking on the Great Socialist Tit says:

    Oh you are SUCH gloomy people on here! Let me cheer you up! Let me show you some pictures of my lovely home – and you can buy copies too if you wish!

  176. 176
    Ed Miliband Labour leader says:

  177. 177
    Tachybaptus says:

    My first thought too. But the reparations were revenge for the harsh German terms imposed on the French after the Franco-Prussian War, so the blame goes back to Bismarck — and probably you can pass the poisoned parcel back from there, maybe all the way to the expansionism of the Roman empire that provoked Arminius into the massacre of Varus’ legions in the Teutoburger Wald in AD 9.

  178. 178
    Susie says:

    We’ve reached the bottom of the barrel. Things… can only get… better…

  179. 179
    Susie says:

    Never a frown with Golden Brown.

  180. 180
    Susie says:

    Edit: Always a frown with Gordon Brown.

  181. 181
    Your Friendly Neighbourhood Scholarly Historical Perspective Service says:

    One theory is that Italy and Japan resented having been coaxed into joining the Western Powers in the fight against Germany, with expectations of a better cut of the spoils after the war than they actually did get. Dislocations of the economies of both nations, caused by the mobilisation and later demobilisation of their industries for war production, made for an unstable political environment, into which stepped an authoritarianism that promised a less radical solution than the confiscation of property and state-owned-and-operated industries. Having a rearmament binge in Italy and Japan, especially in the light of Japan’s being limited as to fleet size, meant many people went back to work, but produced a product which had no use unless the country was under attack, or planning to do its own attacking– which the Japanese did in Manchuria in 1931 and the Italians did in 1935 in Ethiopia. Germany had by this time seen the accession of der Fuehrer, and saw that the League of Nations was an impotent debating society incapable of coming in to stop Italy and Japan, and thus the Germans were emboldened in their own plans for expansionism. It was the British, French and American peoples’ distaste for a possible second Great War that made for handcuffing the politicians, as far as rearmament and war mobilisation went, so Japan had a clear path to declare a Greater Far Eastern Co-Prosperity Sphere in justification of their invasion of the rest of China, which was rent by civil war at that time; Germany annexes Austria and part of what is now the Czech Republic in answer to ostensible osterreich “popular demand,” and Italy– well, they’re too busy making the trains run on time, but they’re a knife to Austria’s back in all this.
    Now, we’re leaving out plenty of factors, such as the Soviet Union and their enmity towards Germany both from WWI and from political disagreements, and the US attempts to rein in Japan in the twenties and thirties. But the view that it was just Germany smarting from the Versailles Treaty and looking to pay back France and Britain is an incomplete picture– it was the treatment two winning nations, Italy and Japan, got, that sent them down a road which would eventually cause them to make common cause with Germany and plunge the world into war.

  182. 182
    Jose the 'anglophile' says:

    Because, if the uk is outside of the EU than it will have no ‘influence’ in the world. It doesn’t matter about the commonwealth, the oecd, the UN security council or the English language, everyone knows that it is Europe that gives the uk it’s power in the world

  183. 183
    Rat's arse says:

    Wonder how much BLiar is getting paid? He wont do it for nothing, that’s for sure.
    Milibandwagon must be desperate!

  184. 184

    We are getting somewhere but it requires someone with the clarity and stature of a John Locke, David Hume or JS Mill to set this out in reasonable detail.

    The last equivalent would have been Keith Joseph, influenced as he way by Hayek and Popper.

    The other problem here is that not only bank leaders having become irresponsible but nations have as well. The banks then threaten to move domicile and the nations capitulate to whatever demand is made. The best of an otherwise poor bunch were HSBC and Standard Chartered, the latter who do not have a high street presence in the UK.

    So, to the differentiation of domestic and investment banking, we must add the sub-division of the former into UK presence and non-UK.

    It is very easy to see how a bank which is in the UK domestic market should be regulated. It becomes harder to see how something like SC should be regulated by UK authorities although there clearly should be some capital ratio requirements at work here.

    I am taking this very slowly and deliberately to demonstrate how the thinking should be constructed, step by step, so that a consistency of necessary regulation is applied without it becoming a strait-jacket.

    Barclays presents a very special problem. It has a total equity of 50bn which is valued by the market at some way less than 50%. But its balance sheet runs into figures that exceed the UK’s assets and liabilities. Any sane person would say they are over-geared out of existence. How can a state begin to regulate for such an enterprise without demanding it be split up?

    Either they have got to separate the entities or ring-fence the domestic banking part. Either way, there will be a need for investors to be able to quantify each part in its own right for credit risk assessment purposes.

  185. 185
    Anonymous says:

    Berlusconi is not a Bilderberger, unlike Monti and our own Quisling.

  186. 186
    Why am I suggesting reading lists ? says:

    Get hold of a copy of “The Origins of the Second World War” by AJP Taylor –considered the seminal work even after 50 plus years…still available on Amazon about £8…

  187. 187
    Lessons learnt ? You've got to be joking !!! says:

    Sorry I would tell you but my network provider is O2 and I can’t get a signal

    PS Politicians of course have absolutely no idea and still keep making the same mistakes

  188. 188
  189. 189
    M says:

    You mean the bottom of the toilet .
    I suggest a full flush and strong bleach .

  190. 190
    David Cameron (Leader of the Nasty Party) says:

    I have to announce that the entire Cabinet has mobile phones using the O2 network and sadly no signal can be obtained.

    Later today I shall order a Judge led enquiry into the O2 fiasco.

    Frankie Maude will issue tin cans and string to the Cabinet in due course.

  191. 191

    Bring it on !
    after all he was an advisor to Brown at the last election LoL !

  192. 192
    Prime Minister's Question Scream says:

    Watching Anne Morris shrieking at pmqs yesterday, it reminded me of something. And then I remembered what.

  193. 193
    Offended says:


  194. 194
    Raving Loon says:


    Good evening everyone. I’m a war criminal and I don’t care.

    The End.

  195. 195
    No thanks says:

    Will it be about WMDs, or his government’s ethical foreign policy (the one that left 100,000 people dead)?

  196. 196
    Snotty McMental says:

    I have to announce that my entire cabinet had mobile phones (mine) embedded in the backs of their heads.

  197. 197
    Raving Loon says:

    Great, becuase that’s what I want. Where do I sign?

  198. 198
    Kirkcaldy and Cowdenbeath says:

    Berlusconi loves pussy and probably thinks the best present for a gay wedding is a chain gun and 20kg of ammo…so ruled out from the BBC DG post on two counts.

  199. 199
    Athiest bore watch says:

    This is no different from how girls behave at pop concerts when their teen idols are on stage or indeed how many grown men behave at football matches so are you going to have a go at them or does that not it with your bitter “sky pixie” meme?

  200. 200
    Ken Livingsone I presume says:

    Good morning, yesterday as promised I published my full tax returns and accounts via text on the O2 network. I trust that resolves this matter for good.

  201. 201
    Bluebird says:

    I’d rather have Bunga Bunga Berlusconi than Waster Waster Brown or Heath’y Heath’y Cameron.

  202. 202
    sockpuppet #4 says:

    If you read it its great. Britain would get to be rich, but not spend much effort on prestige and telling other people what to do. just get on with our lives (which is one of the things that made Germany so rich).

    The opposite of this is what I think of as “Napoleonic”. And some people in europe admire Napoleon, rather than view such behaviour as vain and disastrous.

  203. 203
    UKIP.i.am says:

    So given that Blair’s first big job was to run the UK and managed to turn it into a cesspit with banks and newspapers, make us invade two countries and destroyed the economy leaving behind him oodles of debt and outrageous public spending commitments that the coalition are still struggling to unravel, followed by his second job which was to make lasting peace in the Middle East, not forgetting his third job working for the investment bank Morgan Chase, he seems to me to be the ideal candidate to advise Labour.

  204. 204
    God says:

    You know what? I’m getting fed up with atheists. I mean, what does a God have to do to make everyone realise I exist and that I’m all-powerful?

    Should I cure Alzheimer’s? Maybe bring Parkinson’s Disease to an end? Get rid of all cancers? Cure all the disabled? Un-invent Hitler?

    Hmmm. I know, I’#ve got it!! I’ll set fire to a bush (how incredible is that, eh??) and then hide from everyone.

  205. 205
    sockpuppet #4 says:

    Crikey. you’ve invented your own athiest meme there. Did you really want to compare Jesus to the bay city rollers?

  206. 206
    UKIP.i.am says:

    Maybe he will be advising Labour MPs on how to claim expenses, given that he has been so adept at making a fortune for himself out of the misery of others.

  207. 207
    sockpuppet #4 says:

    You could tell people not to eat bacon, or shag. If you get fall for that one You are indeed Great.

  208. 208
    Raving Loon says:

    McMental (oh he, the one eyed jock) didn’t want to join the Euro only to spite Blair, not out of some savvy economic strategy.

    No credit where credit is not due.

  209. 209
    God says:

    You haven’t seen me, right?

  210. 210
    UKIP.i.am says:

    Or Bummer Bummer Obama.

  211. 211
    sockpuppet #4 says:

    well no, it doesn’t go all the way back- I’d blame Napoleon.

    It was also up to the powers in 1918-1930 to be more sensible about those reparations.

  212. 212
    I don't need no doctor. says:

    Labours new word is SHAMBLES, which perfectly describes their thirteen year tenure, and their current shadow cabinet.
    Omni shambles
    Utter shambles
    Labour the party for the low mentality.

  213. 213

    Under the aegis of the Bank of International Settlements, the Basel Committee on Banking Supervision drew up a consultative document in 1999 called Core principles for Effective Banking Supervision and upgraded it for the second time this year.

    It is a very generally cast document but provides a good framework for setting out a detailed policy with clear rules for each class of bank, reporting and monitoring requirements and penalties for non-observance.

    I would like to see it expanded to include product types where, when a new product is introduced, an outline of its features and benefits, costs and limitations, risks and rewards etc. is set out so that the business of banking, in its modern environment can be better defined.

    I reckon that with a good team of six to ten contributors from the industry and its service providers, a document could be drawn up in six months which would provide a comprehensive framework for the BofE to follow.

    It should aim to leave the industry competitive but better managed and thus avoid a repetition of the debacle we saw in 2007. There would be no guarantee against individual bank failure but there would be a clear strategy for clearing up the mess.

  214. 214
    Kevin T says:

    I was thinking Frau Farbissina.


  215. 215
    Fog says:

    Oh yeah, Barro, we’d hate to be like oil-rich Norway, outside the stifling bollox of EU; and neutral, rich, chocolatey Switzerland. How could we bear it?

  216. 216
    Kevin T says:

    God bless him. He’s probably the only heavyweight politician in Europe with a personality, let alone a sense of humour.

  217. 217
    Kevin T says:

    It’s fascinating so people are apparently atheists because they can’t accept the existence of a God who doesn’t go around doing all the things they reckon they would do if they had superpowers, like stopping anyone from getting sick or killed. Their idea of what a God would be like seems to be based on Superman.

  218. 218
    Bluebird says:

    Re the US election I’d rather have the Mormon than the Moron.

  219. 219
    David Laws Lib Dem Fiddler says:

    Better him than an EU puppet govt.

  220. 220
    il cavalliere says:

    hey letsa get back to dee main point of this article — me!!!! Silvio !!!

    why do you tinkaa they bestow upon me the title il cavalliere ,

    it means a horseman.

    and yes … i ride!!!!

  221. 221
    Anonymous says:

    you’re so fucking boring if all you have to do is make comments about a fucking caps lock!

  222. 222
    Expat Geordie says:

    Thanks. They’re up now, and I still can’t see the problem.

  223. 223
    Expat Geordie says:

    He’s not the Messiah, He’s a very naughty boy!

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Boris on British Jihadis. Apparently based on MI5 intel:

“If you look at all the psychological profiling about bombers, they typically will look at porn. They are literally w***ers. Severe onanists. They are tortured. They will be very badly adjusted in their relations with women, and that is a symptom of their feeling of being failures and that the world is against them. They are not making it with girls, and so they turn to other forms of spiritual comfort — which of course is no comfort.”

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