Haringey Council leader George Meehan and cabinet member for children and young people Liz Santry have resigned in the wake of the Baby P scandal.
The top three stories this month were in order:
As Monetary Authorities, we have been humbled and have taken heart in the realization that some leading Central Banks, including those in the USA and the UK, are now not just talking of, but also actually implementing flexible and pragmatic central bank support programmes where these are deemed necessary in their National interests.
That is precisely the path that we began over 4 years ago in pursuit of our own national interest and we have not wavered on that critical path despite the untold misunderstanding, vilification and demonization we have endured from across the political divide.
….leading central banks in the global economy are bailing out troubled economic sectors to achieve macroeconomic and financial stability….the Bank of England… providing a £50 billion lifeline to the UK’s banking sector.Here in Zimbabwe we had our near-bank failures a few years ago and we responded by providing the affected Banks with the Troubled Bank Fund (TBF) for which we were heavily criticized even by some multi-lateral institutions who today are silent when the Central Banks of UK and USA are going the same way and doing the same thing under very similar circumstances thereby continuing the unfortunate hypocrisy that what’s good for goose is not good for the gander….
As Monetary Authorities, we commend those of our peers, the world over, who have now seen the light on the need for the adoption of flexible and practical interventions and support to key sectors of the economy when faced with unusual circumstances.
Via : Naked Capitalism
It is not all bad news though, Guido is short the FTSE….
Judging by the comments below he let Jacqui Smith off the hook (surprise) over Damian Green. According to PoliticsHome’s transcript when “asked about claims Mr Green had been bugged she said she would have had to sign a warrant for that to happen and she had not”. More when it is up on iPlayer.
UPDATE 11.50 : According to comments below the PoliticsHome transcript is incorrect. Pretty crucial detail to get wrong if they have.
UPDATE 12.20 : Have now watched the interview. She gave the impression, but did not state that she had not authorised bugging. Marr actually seemed better than average.
Uber Needs to Mind Its Manners | CapX
Sun Victory in Court | MediaGuido
UKIP Gains Coming at Labour’s Expense | Elections Etc
Farage’s Migrant Muddle | Indy
Tristram Should Stop Bashing Independent Schools | Toby Young
Journalists in the Dock | David Banks
Let Them Eat Gay Cake | Laura Perrins
May v Javid | ConHome
Politicians Never Safe From Being Recorded | Stephen Pollard
Superstar Carney | Alex Brummer
Gulf Dividing Labour | Mary Riddell
Tony Blair threatens Ed:
“If you had a strong political lead that was combining the politics of aspiration with the politics of compassion, I still think that’s where you could get a substantial majority… If I ever do an interview on [the state of the Labour Party], it will have to be at length…”