+++ Source : Conway to be Fined +++

This will be the second Standards and Privileges Committee report (due at 11.00). Derek had to repay money given to Freddie, this is in respect of his other son Henry.

Why isn’t he being charged for fraud?

UPDATE 11.00 : Ordered to re-pay another £3,757 paid to his son. A small fine. and ordered to write a written apology. Not really proportionate to the amount that was defrauded, is it?

Tears of a Brown

Jon Craig reports that last night
Labour MPs claim a “tearful and dewy eyed” Prime Minister called the Labour waverers into his Commons office one by one and pleaded with them to back the Government. If we lose this vote it will de-stabilise the Government and de-stabilise the markets,” said the embattled Prime Minister, according to one MP who voted with the Tories despite the emotional appeal.

Given Gordon’s emotional instability (he is upset that cartoonists draw him as fat) it may well be that if Gordon resigned it would actually stabilise the government as well as give the markets a boost. Gordon’s mental health is being openly discussed, Iain Martin has a euphemistic piece in the Telegraph today recounting government ministers fears that the Prime Mentalist is “psychologically incapable”;
he is stuck… saying basically the same thing over and over and over again. I have said before that from the country’s point of view it risks becoming disturbing: now it really is.

It can only be that the PM has constructed something inside his head which he passionately believes to be the truth. If he was to admit even the tiniest doubt about one element of it then the entire construct might collapse.

Inside his head we know what he thinks, he is “the saviour of the world” doing the right thing, solving global ills not of his making and unbelievably yesterday Downing Street said Brown was right and the IMF was wrong. At PMQs yesterday Cameron demanded a reality check from Gordon to no avail. He would not admit that, even by his own definition, Britain was bust. If Gordon admitted he had not abolished “boom and bust” he would smash his internal “constructed truth” delusion. Blair was right, Brown is psychologically flawed. It is no longer a personal tragedy, it is at the root of the national political and economic disaster unfolding.

A rumour went round after Monday’s disastrous press briefing that Gordon had wet himself. Guido didn’t report the story because he was unable to substantiate it from the video evidence. That it was even rumoured and given any credence whatsoever shows that people in the Westminster Village think he is a man close to the edge of total breakdown. The humiliating truth is that Gordon Brown is not mentally fit for purpose.

See also Downing Street Needs Draper More Than Ever.

Can You Hear this IMF Warning Gordon?

Gordon keeps muttering about how the world needs an economic early warning system. Despite the existence of the IMF, OECD and countless private sector sources of threat warnings already. Do we need another international bureaucracy?

Gordon ignored the last six IMF warnings, so perhaps he will ignore the IMF forecast that Britain will suffer a worse recession than any other advanced economy. The IMF is projecting that the UK is to contract by 2.8%, the worst performance of any major advanced nation for which the IMF publishes data.

Guido suspects the UK won’t end up going to the IMF because the national debt is sterling denominated, which is just as well because IMF Chief Dominique Strauss-Kahn told Die Zeit this morning;

“Several states are already queueing at our doors… At the moment, we have enough money. But if we actually have to help them, the lion’s share of our resources will be consumed in six to eight months…”

The fund might be empty by the time Britain went…

UPDATE : Things must be really bad. Billionaire George Soros took a commercial flight to Davos. No news as to if he went economy…

Is Stephen Fry Now a Tory?

In 1996 the whole of luvviedom embraced Tony Blair, 1997 saw the whole Cool Britainnia thing sweep up celebrities into the embrace of New Labour. So it is interesting to see that Stephen Fry, the luvvie’s luvvie, is giving Tory house journal The Spectator’s Annual Lecture. “So what?” you might say, he has after all a book to promote, except that is not all to suggest a blue slip is showing.

Yesterday Fry, who is a tech-blogging, Twittering über-geek with a huge 82,115 following his prognostications on life and technology, gave his considered support to the Tory policy announced by George Osborne yesterday to adopt a more effective open IT procurement process and shifting towards open source solutions.

Fry said yesterday

“Lo, our sheep that was lost is now found’. This is good news. Aside from anything else the money that could be saved in government: schools, hospitals, civil service, defence, by choosing open source and free operating systems and software. It’s wave that’s rolling over Europe and America and it’s only right that we in Britain should ride that wave too. I think politicians from all sides should endorse the aim for public systems to be run on free open source software.”

One luvvie does not make a landslide. CCHQ will however be pleased that it shows the brand is fully decontaminated…

PMQs Vroom Vroom Edition

Maserati Mandy Motors

Lord Mandelson’s new found willingness to support the “British” car manufacturers is touching. When he tried to get an £80,000 Italian Maserati mid-life-crisis car as his official car out of the EU budget he was less supportive. He was in fact angry that penny-pinching bureaucrats blocked his turbo-tax-powered transport.

It would be a little more credible if the Labour Party last year had listened to the industry when they, in the name of Green taxes, whacked hundreds of pounds extra in tax on all those models that have stayed in the showrooms since. Forgetting that jobs depended on those cars being bought. It is an entirely foreseeable consequence of jacking up taxes that demand has been suppressed over and above the credit crunch problems…

Spot the Difference : FTSE Boom, FTSE Bust

click to enlarge
First he plundered your pension then Crash Gordon worked his magic on the stock market. To mis-quote Neil Kinnock, “I warn you: don’t get old, don’t invest your pension in the stock market”. One long Tory boom, two Labour “boom to busts”…

UPATE : Some half-educated types are claiming in the comments that the above should be done using a logarithmic Y-axis. Not sure why beyond that it would flatter the latter era of the chart. If we are going to be picky than perhaps it should be inflation adjusted or using constant value time-fixed pounds, or maybe done in net present value terms. The graph would look even worse…

Kawczynski Whining

Over on Dale’s blog, Daniel Kawczynski, the Tory MP who handed over a constituent’s letter to the police without a warrant, has written a lengthy self-justification blaming the Speaker and the police for his own stupidity (as well as using his staffers as human shields).

He emailed a very similar lengthy missive last week after Guido suggested he was an idiot. Having taken the time to read his squirming explanation Guido replied
Daniel,

I have taken the time to read all the documentation and simply have one question:-

Would you be willing to hand over another constituent’s letter in similar circumstances?

Guido Fawkes

He hasn’t replied. Perhaps he needs another few days…

Downing Street Needs Draper More Than Ever

Derek Draper’s online campaigning skills are clearly not going to win Labour any votes, perhaps the greatest service he could do his party would require exercising his professional skills. Somebody surely needs to re-connect Downing Street to the reality

[…]

+ READ MORE +

Dithering De-Regulator Becomes Sagacious Regulator

Gordon Brown: “I called for global financial reform ten years ago” – Prime Minister Gordon Brown during his speech on Britain and the Global economy at the Foreign Press Association claimed today that he had been warning for ten years

[…]

+ READ MORE +

Hain Humiliation Scheduled for 3.30pm

Peter Hain is due to apologise to the House at 3.30pm via a personal statement. Will he try to claim his reputation and integrity are untainted?

Don’t think so Peter. After all, paying your 80-year-old mother thousands of pounds out […]

+ READ MORE +

Rich & Mark’s Monday Morning View

[…]

+ READ MORE +



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