Saturday, November 1, 2008

Ask the PM Competition Still Open

This is the current front-runner for Guido’s Ask the PM competition prize. Suspect Gordon is not going to answer Luke’s* question on the technicality that it is not strictly speaking an economics question. Still not too late to enter, details here, competition closes and the prize winner will be announced Monday midday.

*Can you email Guido your postal address Luke.

Stat-Porn October : 864,178 PageViews from 644,316 Visits by 115,367 Visitors

Traffic growth is steady Guido is pleased to say. The absolute unique visitor number for the last 12 months was some 867,210 according to Google Analytics. This is comparable in traffic terms to any of the broadsheet newspapers online and although they are very reluctant to confirm this, which is revealing in itself, greater than either the Spectator or New Statesman command online.

This trend away from old media sources is reflected across the Atlantic. During the election period Drudge has scored more traffic than the New York Times according to Hitwise data. Here is something else for the mediasaurs of the Dead Tree Press to worry about: the 3 year old Huffington Post, which is squarely parked on the Gray Lady’s liberal/leftie lawn, is now more profitable than the 157 year old NYT.

Guido is willing to bet that likewise come the British general election, he will have more readers and be more profitable than the New Statesman, even combining both their online and print editions together. Particularly as the new editor’s strategy seems to be to make the articles longer and corner the market in dullness. Over to you Mr Danson…

UPDATE : Comment Central reports 867,693 page views from 725,608 visits, the Speccie reports unique users soaring to 338,053 and 2,147,545 page impressions – the Speccie page count is inflated because you have to click “read more” all the time.

Friday, October 31, 2008

Scare the Voters

FT Calls Cable “Loony”

LibDem activists adore Cable, and are incensed whenever Guido knocks him. Which is frequent because Guido has been calling him over-rated ever since he called for the nationalisation of Northern Rock.

Vince Cable says this of the recapitalisation of Barclays:

This is a scandal of mammoth proportions. Here is a bank which relies on the taxpayer to bail it out if the going gets rough but which has offered Middle Eastern investors a much better deal than the banks are offering to the British taxpayer.

The FT doesn’t mince words – Vince Cable, Loony” :

But, Vince, the taxpayer hasn’t bailed out BARC, that’s the point. No matter:

We have to ask why Barclays is willing to offer a better deal to foreign investors than the British taxpayer… The answer is simple: they don’t want the British Government stopping them from paying massive bonuses to their executives.

So apparently the LibDem Treasury spokesperson would rather the UK taxpayer was taking the risk here. Odd, because not so long ago, Cable was thundering on about the unbearable burden the taxpayer was being forced to bear. More than the other banks, Barclays operate a high-risk casino operation which makes the bank particularly unstable but which gives very rich pickings to the top executives. The British Government must not simply let this pass.

You heard it: only the mediocre will do. Too bad they’re otherwise engaged in the LibDem Treasury team.

Guido has said it before; Vince Cable’s real expertise is in soundbites and faux gravitas.

Brown : Bonkers or a Liar?

Gordon has just told BBC News that he can go on a spending splurge because:
“National debt is low and we’re able to borrow to do it.”

This is just delusional, he has run up the debt burden during his decade of unfunded spending, we have the biggest national deficit of all time, the books have never been so unbalanced as they are now. He fiddles the statistics, we know that, the Office of National Statistics even says so. Journalists know it. His own cabinet knows it. The Civil Service knows it. The City knows it. Foreign investors know it. This is why the pound has plunged against almost everything apart from the Icelandic Krona.

Guido Asked the PM to explain why, for example, the unfunded public sector pension debt is not government debt and hopes he can answer it without evasion. Because if he can’t he must either be (a) bonkers (b) a liar. Which is it?

Friday Caption Competition

Halloween Fright : Gordon Scared of Guido’s Question

The man Alex Salmond called the big frightened feartie from Fife has run away from a couple of tough questions. Where is your courage Gordon?
Yesterday was closing day for Gordon’s “Ask the PM” on YouTube gimmick, Guido and the Taxpayers Alliance uploaded their questions just before the close yesterday evening. Guess what: this morning Downing Street put the closing date back two weeks!
Maybe they only want Andy Marr to ask Gordon a question? Perhaps they will commission Deborah Mattinson to do a citizen’s consultation? Totally pathetic. This exposes the whole Downing Street “engaging with the people online” stuff as bullsh*t spin. This is classic New Labour “consultation” and “engagement”, they want the online equivalent of a Potemkin Village.

Still that means another two weeks for you co-conspirators to Ask Gordon about the economy. To your webcams!

Taxpayers Want Politicians to Share the Pain

The Fink had a go at punk tax cuttersyesterday despite always claiming that he is in favour of lower taxes (in the long term) – it is just that those pesky voters don’t believe politicians who promise them – so don’t promise tax cuts – is his argument. Well a new poll from ComRes suggests he is wrong and that if a credible politician made a credible promise, it would be popular. It found that:

  • 67% of people now think we are paying the price for government overspending.
  • 59% of people agree tax cuts would be a better response to the downturn than increased public spending. Only 18% disagree.
  • 68% supported an immediate and substantial cut in interest rates.
  • 67% agreed that Gordon Brown should take a 10% pay cut.
That last point is interesting, the Irish political class has taken a pay cut, why shouldn’t our rulers* follow suit? Share our pain, consider it pay for performance.

Incidentally, the ever energetic campaigner Susie Squire from the Taxpayers’ Alliance has uploaded her Ask the PM question for Gordon to answer next week:

*With the extended Christmas holiday this year, MPs will work fewer days this year than ever since universal suffrage began. Not as if we have any issues requiring politicial attention is it?

Thursday, October 30, 2008

Still Time to "Ask the PM" About the Economy

You have until midnight to ask Gordon about the economy. This is Guido’s simple question using double-sided stickey tape and Miss Fawkes’ crayons:

Don’t forget Guido will be giving a decent prize for the best question to Gordon.

Renegade Economist Called the Bust in 2005

Guido started writing boom to bust pieces in September 2007, Fred Harrison, the Renegade Economist, made his prescient call on the property market in 2005. His 2005 book has just been re-printed, Boom Bust: House Prices, Banking and the Depression of 2010.

He has also produced this video accusing Gordon Brown of covering up his cupability. It is apparently the first in a series. Fred’s diagnosis is interesting, Guido is not sure however that his tax reform proposals are that appealing. Definitely worth seven minutes of your time.


Seen Elsewhere

A Bold Plan to Reform Welfare | Ruth Porter
Clinton’s Busty Mistress Nicknamed ‘Energizer’ | Mail
Photo Analysis of Miliband’s Obama Visit | Buzzfeed
Dave Shouldn’t Have Moved Gove | Michael Howard
Bercow’s Nightmare | Alex Wickham
Miliband Abandons Britain to Meet Obama | Sun
Tequila-Quaffing Chat Show Plonker Clegg | Quentin Letts
Pragmatists v Romantics | Rachel Sylvester
I’m Sorry | Colin Brazier
Blair Was a Gradualist Prime Minister | Janan Ganesh
Why Blair Will Worry Ed | Steve Richards


new-advert
Westbourne-Change-Opinion Guido-hot-button (1)


Owen Paterson lifts the lid on the Green Blob:

“I received more death threats in a few months at Defra than I ever did as secretary of state for Northern Ireland.”



Flight Watch says:

Russia Today is a cauldron of bullsh*t. The only people that take it seriously are deluded conspiracy theorists. Other RT journos have resigned citing the same reasons.

It’s about as believable as Press TV, KCNA of North Korea or the Daily Mirror.


Tip off Guido
Web Guido's Archives

Subscribe me to:






RSS


AddThis Feed Button
Archive


Labels
Guido Reads