Guido’s eyes and ears over at Northcliffe House report that the outgoing Bank of England chairman Mervyn King has just had a chummy goodbye with Paul Dacre in the atrium. While Merv apparently sits on DMGT’s pension board, the presence of Alex Brummer at the tête-à-tête have lead over there to some speculation a new columnist may have been signed up. It will give him somewhere else to be wrong when he stands down next year…
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Andrew Pierce on Ed Balls…
“Porky Shadow Chancellor Ed Balls sweet-talked guests at a fund-raising dinner by saying if he wasn’t a politician, he would be a chef. That’s not surprising, since he was accused of cooking the Treasury books when he was Gordon Brown’s boot boy.”
is there anyone in the world that Tony hasnt screwed in some way?
Was he not appointed by Gordon?
Is this not the curse?
I judge he has been a safe pair of hands given the shitfeist he has been presiding over…whether the bank would have done things differently if they had been left with the full reins originally is difficult to say but Gordon’s input would have been a constant thorn in any BOE chairman’s side.
Is this shit in English or Yiddish?
Now look here Bummer, it’s PRECISELY that kind of talk which led to the holocaust!
Very well done Wart. At least you know the difference between ‘led’ and ‘lead’ which appears in Gweed’s/arryboy’s original post
More sidesteps than Barry John,
Safely missing inflation targets for years (his ONLY target), whilst going along with QE to socialise the bank’s debts, falsely claiming that it is all for the ‘benefit’ of people like pensioners.
Fuck off Merv, don’t let the door hit your arse on the way out.
+ 1
Fail the banks, default the BONDS, print up the cash for the depositors.
Enjoy higher land affordability and an economy low on rent-seeking = RECOVERY.
Affordable land? MP’s have had to do some hard lying, troughing and defrauding to get their extra homes, why would they let us plebs have land and property cheap?
on a tangent here.
stunning development from the computer giant Hewlett Packard which has just announced that a British company it bought for almost $10bn could be worth less than a seventh of that sum.
Dr Mike Lynch, the founder of Autonomy, the company it acquired, is reported to have made some $500m from the sale.
H-P claims accounting irregularities and a failure to disclose, allegations denied by Mr Lynch who was praised in speeches by David Cameron as an example to us all before today’s claims were made.
…..
crooks the lot of them.
significance is the number 7.
it represents truth.
we know that our language is corrupted and now even the numbers.
Our only hope is to talk gibberish.
only that will make sense.
a number of our co-commentators talk that already …it doesn’t help
in other news.
it is reported that at the royal variety performance prince philip told reporters that
he was “stone deaf” when asked which routine was his favourite.
“All of them [are] … but to be honest we’re both stone deaf,” he said after the show
….
…whatever anyone says we must listen to with care and just laugh it off, as we did with so.vile savile. maybe the queen is the front a nd the prince just tells the truth.
The Autonomy scandal is discussed further in the last post. Fascinating how manipulative some people can be. Should go far…
Re the Autonomy news, many at HP already knew this but the deal got pushed through by their then CEO ‘HP Will Be Cooler Than Apple’ Leo Apotheker. To be honest HP is pretty much a very large company going no where fast. It’s most profitable business is selling coloured water (ink) at 3000% mark up, but the downturn in print has left it with a problem. The rest of their business is moving tin and plastic at 2%gp. Their foray into software and services has only cost them money so far. Omnishambles of the first order.
In central banking as in diplomacy, style, conservative tailoring, and an easy association with the affluent count greatly and results far much less
JK Galbraith
He failed when he was among those economists who wrote to Geoffrey Howe about his budget, he was wrong about the Euro, he was wrong not to object to the Brownite regulatory arrangements, he was wrong not to express public concern about the expansion of money and state spending, he was wrong over the way Northern Rock was handled and every bail-out since. he was wrong over QE and he has not got inflation right yet
How many times can you be wrong and still keep your job and probably get a Peerage to boot!
He was less wrong than Blanchflower. That’s about the only “praise” that can be given.
+ 63 M.
Only in the UK can one fail spectacularly at one’s job, then go on to ever greater personal success.
It’s what we’re great at.
If things were to be done twice all would be wise…….mind you, he has been crap.
monastry = austerity.
life is for living.
About time more folk understood that neat summary of Mr Kings success rate since he left the Fabian economists joy land that is the LSE
1st!
First the BBC, now America’s extortion-funded broadcaster has a similar problem.
http://www.usatoday.com/story/life/tv/2012/11/20/kevin-clash-quits-elmo-gig/1716901/
“Sesame Workshop’s mission is to harness the educational power of media to help all children the world over reach their highest potential,” the company said.
No it isn’t, you pretentious dildos. Your mission is to make a kids puppet show.
Thanks to Gordo and Merv we’re…
We won’t be starting a twitter mob about this:
http://twitchy.com/2012/11/20/horrible-graphic-pic-anderson-cooper-tweets-pic-of-hamas-dragging-a-man-behind-motorcycle-in-gaza/
http://order-order.com/2012/11/20/quote-of-the-day-541/
Ho hum – there is no such thing as a ‘free British press’ – there ain’t been since at least 1921
nothing has been free ever.
royalty.
are us.
only our integrity is free. but try getting there,
there are enemies our there,
they do not fear freedom,
Jimmy So.vile claimed to have ultimate freedom, they fear integrity…internal.grit.
GUIDO NEWS ROOM SEEKS `SOCIALLY ACCEPTABLE’ WORKFORCE CUTS. This is just getting stupid
No need for capitals
Yes. I never found the need to use them.
I always write the death list in lower case. And yes Merv is on the list
Just don’t understand why Camoron hadn’t stuffed one of his own hangers on in charge in May 2010, if you leave your enemies in place they can do damage to you, oh yes I forgot they are and are.
Sheer ineptitude, as ever.
First things normal people do when they move into a house is to order a few skips and get rid of all the rubbish that has been accumulating over the years, and give the garden a good dose of Roundup, dozy Dave is the exception.
Cameron effectively said King was crap when he was Opposition Leader .
Cameron also spouted some bollocks about the Governorship being a limited fixed term appointment in the future .
Perhaps this is one of the Idiots less publicised U turns but boy has it cost us all .
I Talk a Loda Bollocks
Merv failed to call the property bubble and failed to ensure rates went up post-2003, by facing down Brown, who wanted the bubble to continue.
He has made pathetic excuses for this, is known internally as a pettifogging Pooter with a short temper and only got a second term cos Darling couldn’t unseat him mid-crisis.
> Brown, who wanted the bubble
NEEDED not wanted. Debt growth replaced economic growth.
Oh corks! Oh lumme!
“Lorks”, shurely?
Or in Merv’s case, ‘norks’ (all of ‘em)
Goodbye to the Labour arselicker.
This august gentleman has spectacularly failed in the task set before him, to keep inflation down, has done great damage to Britain’s economy with QE which is itself inflationary, failed to speak out publicly about the Labour government’s foolish and imprudent financial strategy, and in recent days has continually talked down the British economy.
In another eara, if he was lucky he would be staring at the inside of the stone walls of the Tower of London. If he was unlucky his head would be on a pike for all to see on London Bridge.
As it is, he will retire with a gold plated inflation proof pension and be showered with honours and well paid positions by an oh so grateful political and business class. Funny old world isn’t it?
Is it really worth bothering any more ?
Guess he’ll be joining Lord Mandelson as a Head of Ethical Banking at Lizard Int’l.
Perhaps Sharia Law does have something to offer.
Even Medieval Law chopped the hands off treasurers who debased the currency, followed by their heads.
that is correct.
nothing is worth the bother in the outside world.
sharia law is too kind.
for savage behaviour, but then we are not savages.
But you will be by the time we are finished.
too kind,
oops.
too unkind.
All Mong King does is deliberately run the economy down so no one wants to invest in it. He is a fecking liability.
What a skitter he is!
The BBC have been bashing the old bishops a lot today.
That’s nothing new for them, nor is going after Anglican upper-hierarchical clergy.
Mention of Dee-jays is verboten!.
I’ve been bashing my old bishop a lot today. It’s a bit sore now.
Every day for me.
You guys are very sick
I am in favour of women bishop bashing.
I like bashing my own bishop
Have you actually seen the state of these women priests? Bishop bashing? I would rather do it for myself !!
In days of yore, all those civilisations had female High Priestesses who ran the show. Look what happened to them, all disappeared without trace, except the odd ruin or two to show they ever existed in the first place.
What has David Cameron reading a book on the economy and Stephen Hawking reading a porn magazine got in common?
Both know what they want to do, but have no idea how they are going to do it.
Well and least they can see their dicks. Whereas, Fatson’s is lost in the flab.
That’s not nice.
The knob is only male appendage that will not increase in size in the morbidly obese male
I’ll have to make a statement in the House about that.
an englishman’s castle. The House. why are standards so low in the most prominent house but one in the country. What goes on in the most prominent house, well that would be asking. only rupert knows.
Out of deference to our landlord, no remarks about the, shall we say, “genital shortcomings” of portly men, please!
He might take it all personal like.
Then you’ll wonder and whine about why your posts under your preferred moniker somehow get lost in the ether.
yes quite.
we forget, lord.reeeeeeeespect.
History is there to learn from and to avoid the same mistakes. Will Brown and Balls ever learn from history? Nah! They are far too busy re writing it.
The British economy is flatlining…
I say print another £250 billion…like Blinky says
Before I bow out with my huge pension and peerage for having saved the world from the meltdown from my own stupidity
Endless eeeaaasing is the answer
as i ease, you become austere.
no thankyou,
you austere if you want to, we are all for easy living.
On the economy, it is time ditch PFI. Just a thought.
They won’t ditch PFI, it’s a good moneymaker.
There is a gag order on any discussion of PFI contracts already signed
But they are still costing the British people tens of billions every year
WHere is the accountability?
Why can’t we have cost effective projects around Britain to stimulate the British economy. Not projects where costs spiral out of control.
Because the state is running them.
crooks are us.
the creater user and circulator of BIG money.
I think Bono would make a good BoE chairman.
Fuck , if he looks after our money as he does his own then who is to argue?
Like it, the Bank of England should invest all our money offshore.
What money. ????
All our money is already offshore
what if there was hurricane sue.
offshore too close to water. we should be grounded and centered and well away from our emotional self.
Who and how old is Sue
He has been infected by the curse of Jonah McMental so thats The Mail done for
I’m disappointed they’re going to jail me
Life’s a bitch
and a great socialogical experiment.
particularly if you’re a distasteful shit like you bunter
http://www.telegraph.co.uk/finance/comment/9622716/Fixing-our-moribund-zombie-banks-is-the-key-to-UK-recovery.html
The British bankers and accountants pulled a great one on HP…
A $5 billion rip off this time…
Good going given they were bailed a couple of years before…
some say to escape this rubbish one should go abroad.
the problem is that it is the same. everywhere.
Your 1000% right there.
Talking abour Brummer and b a n k e r s
This is a good article
http://www.thisismoney.co.uk/money/news/article-2219833/ALEX-BRUMMER-The-great-banking-cover-up.html
Don’t bank on it.
Any news on the Bercows? Do hope it all get’s much worse for them.
No need for the apostrophe
F’U;C”K O,F’F you C,U”N’T
They have gone badger watching together
In their limos with personalised number plates to be discreet…
Iv’e buggerd loads of under age badgers in a limo paid for by BBC
The pipes are burst and the house is flooded. I think I will phone an electrician.
FIX THE BLOODY BANKS!
I would get a Landscape Gardener in to fix that problem.
I would think about possibly borrowing the sponge from my neighbour.
http://www.dailymail.co.uk/news/article-2235635/Gaza-conflict-Egyptian-president-says-peace-Gaza-imminent-predicts-lasting-ceasefire-begin-tomorrow.html
Showing the love and peace….. on motorbikes…. not quite the justice system we have in the UK.
The motor bike riders are “dead meat”
yet
god is good.
is the idea of the devil a deception though.
Better ask ManU fans to answer that one. They seem to be in league….
Six Israeli ‘spies’ executed before baying mob in Gaza City, before motorbike gang drags one bloodied victim through the streets
Read more: http://www.dailymail.co.uk/news/article-2235635/Gaza-conflict-Egyptian-president-says-peace-Gaza-imminent-predicts-lasting-ceasefire-begin-tomorrow.html#ixzz2Cn5fRI93
Follow us: @MailOnline on Twitter | DailyMail on Facebook
Any consideration of the alleged offender’s ooman rights ??
I must say that the UNWRA-funded educational programme on ‘civilisation and the rule of law’ has turned out to have been particularly good value for money.
The EU and its Member States are the biggest donors to UNRWA. Together with humanitarian aid and support from the Instrument for Stability, the EU contribution for 2011 now stands at €125 million.
http://www.prc.org.uk/newsite/en/latest-news/1548-European-Union-to-aid-Palestinian-Refugees.html
that is a 125 million euro wasted………
Puff.. That’s about 2 and a half days of the UK’s contributions.
The Zionazistas don’t give reparations for their crimes yet they demand it from Germans for things that allegedly happened to alleged grandparents.
CiF and other muslim conspiracy “theory” nonsense ==> that way.
you have to pay your due to royalty.
either get close or
…create your
…..own king.dum
I don’t recall meeting King Moishe the First.
Bank of moon! Do you do loans ?
only the emotional ones.
soggy.soggy.
high time that we did such things in Golders Green and Hampstead
“What things” are to talking about?
The banks are full of scum.
So’s my nappy
Having read our glorious Press tonight you would think UBS are squeaky clean .
Adebole has been found guilty of mega fraud without a penny being found in any of his private accounts .
The Judge has described him as a self centred gambler. Just the type of guy you want to employ on a trading floor .
I have never passed an audit exam in my life but I know to do the job properly you have to be a Hunt to work for who has a nasty habit of turning up at odd times asking awkward questions .
This whole story stinks .
He is not like us. We fiddle expenses due to greed. Adebole was a chancer trying to make a quick buck.
His bone-us overrode his sense of decency.
I was privy to some very awkward late night decisions
Were you introduced to or into the Chairman of Lizards?
Lazard has also advised on some of the largest and highest-profile corporate restructurings around the world. Since 1999, we have advised on more than 100 in- and out-of-court restructurings totalling over $300 billion of debt.
why the fixation on debt.
debt to society.
pride and debt go together.
bit more humilty would be nice.
http://order-order.com/2012/11/20/quote-of-the-day-541/
read it
The Synod have defrocked me before I have even bee consecrated…
It is a druid conspiracy I tell you
Or is Boris Johnson up to his old tricks?
I just voted against women bishops. Gangnam style.
I’m bashing the bishop
d-frocked
children wear frocks.
how awful.
and effing 100 year d.notice
I see Caroline Flint has been sticking her face all over the media today slagging off Tories. Remind me what did Ed Miliband do to control energy prices again?
I nominate Caroline (again) for Rear of the Year
http://www.mirror.co.uk/news/uk-news/caroline-flint-mp-nominated-for-rear-101833
PS I have told her not to overdo the makeup again
Fair dos. She is an arse and everytime she opens her gob, shit pours out of it.
Steady on.
She was window dressing once.
Great train robbers get 30 years a-piece, for stealing 2,631,684 on its way to be burnt (no body is out of pocket). The entertainment industry earns millions over a 30 year period on the back of it.
Adebole knocks his firm over for 2. 3 billion, and gets 7 years (which he’ll do 3 max in a kushy open nick). The money will have to be clawed back (mostly off of the little man) nobody gains.
“he was of good character” I. e. one of them.
Stealing cash that was marked for inceneration and had therefore also been replaced by new notes in circulation is akin to counterfeiting. Or, as it is called nowadays, Quantitative Easing.
ade….boal
arse…goal…hole….dole. welcome to new 21st century.
he no obi 1 kanobe.
Not sure the murdered train guard would agree..
See that Moody’s have downrated the frogs triple A rating.
Would love them to rate Merv on performance.
moody. what a moody lot.
I wouldnt lend a frenchie one Franc even if they could still spend them on Molluscs and garlic
A nation of whores!
http://order-order.com/2012/11/20/quote-of-the-day-541/
Read up
The buck ultimately stopped with Mervyn King. Good riddance to a very stubborn man.
But for/to whom does/did Mervyboy work/report?
Completely O/T.
A question:- anyone like to comment as to when we first saw socialism in the western world and what benefit have we seen from it?.
ism’s are just that ism’s.
power lies with royalty.
Well I know that.
I asked what benefit what benefit have we seen from it.
Care to tell me about National Socialism/USSR and how ordinary people were affected?
Sorry about the double benefit error.
all ism are a form of religion.
they are all naff.
it is all about power who has it and who does not.
whether the power is based on force or not.
whether in the process we are manipulated or not.
there is a manmade life and that is fecked and then there is the organic one. the problem is knowing what is natural.
Cadbury’s Bourneville
I’m with you Andy,good riddance to him and his gold plated pension.
Economists are seldom right,I seem to remember when this shitestorm hit us that her Maj was asking I think 3 economics guru’s as to what had gone wrong and they could’nt tell her.
only thing exonomics is good at is to be exonmic with the truth.
welcome to number 7.
the number has been corrupted.
I take it you mean economic and I agree.
Who’s going to look after my poor little adopted baby if I go downnnnnn?
What is the definition of socialism in real terms?.
They put the heebie-jeebies up the chosen ones?…they don’t like it up ‘em.
Ask my old mates Adie and Joe.
130 million dead.
The definition of socialism is the BBC
As Greg should have said ….
Hideously Left
I lean to the left, whats the problem.
David Beckham wants one more challenge…hmmm!
oh christ does posh want another sprog ? summoning up
the enthusiasm to give her one would be a challenge …
No problem
Here’s a challenge– try not to turn into another Gascoigne when his playing days are well and truly done. Some footballers can’t handle being a celebrity and go over the edge, and some can’t handle NOT being a celebrity, and the same result. When the wife gets tired of him and chucks him out, we’ll see what Becks is made of. Stay tuned, footie fans.
Well, at least he will be able to be miserable in comfort.
PS: I like Beck’s beer too.
the comparison is ridiculous…becks is very different to gazza
See George Galloway is following Browns example for not appearing in The House Of Commons only seen him twice
We have finally found out what has been happening in Burma for the past 30 years. Muslims are being persecuted by Buddhists. We thought you should know.
Buddists dont blow you up they blow you off!
Why do you think I spent so much time in SE Asia?
Is there any suction there.
and we thought budhists were ok.
tossers are us.
nothing and absolutely nothing has been treated as sacred out there.
how awful.
but then issues like past life karma, soul development and life purpose come to mind. as Steve jobs showed there is no life experience that is wasted.
either wait and see or escape the poverty of your imagination.
Merv the Perv
String him up !
just why are people like this allowed to wander freely upon the streets of London?
Taking advantage of the vulnerable
Mixing with mental patients (Brown) and having an assumed name
Courted by the establishment
Just what is the world coming to?
A disgrace to this (n)once great nation
but were we ever grace. it was sadly all talk.
…changing the subject to the english rose.
the myth says fragile, do not touch.
i say touch, and feel the vibration. it most certainly will not break.
Two wonderful entities – Grace and Favour.
Them and Us.
East and West – and ne’er the twain shall meet.
I posed a ‘kindest’ possible statement @2 but sorry merv its a dead duck.
I wonder what the DMGT Pension Fund split is between fixed and index linked securities.
1:99
Didn’t Brown try to force pension funds to hold a minimum proportion of their funds in gilts?
Why the fuck are the Guardian leading with the headline “Church in crisis” after it voted to reject wimin Bishops ? Would it be using the same headline if it voted by the same margin to allow them ?
who does the Guardian guard.
is it the praetorian guard
The Blues and (especially) the Royals.
It’s called DEMOCRACY*…!!
* Unless of course it goes the “Wrong way” in which case it’s called REACTIONARY
I am a Moody Glass Seagull
Do bears crap in Bretton Woods
Hope Cameron’s booked the removal van :
http://www.telegraph.co.uk/news/worldnews/europe/eu/9691965/Our-EU-bills-could-still-rise-560m-despite-budget-freeze.html
We are a sovereign nation. Honest. Would I lie to you?
Where were you hiding that one ?
Let me loose with the levers of power !!
Yeh whateva!
it would be ‘appropriate’ for king to scribble for the dm
he and the treasury have run the monetary policy that its readers would have wanted – and b….. the consequences
what a bit of chutzpah to be paid to blame someone else for the highly undesirable results of incompetence and arrogance!