LibDems Not Winning Here

This coming Monday night all over London crack teams of digital war-planners will be extraordinarily rendered into the back of black vans with darkened windows to an undisclosed secret location. With only months to go before full scale political war breaks out, digital advertising and campaigns agency MessageSpace* has, in the tradition of the trenches of the First World War, organised a frontline truce with drinks. After doing paintball battle…

Combatants from CCHQ’s MyConservatives.com and Labour’s digital teams will be fighting with leading bloggers (cough) and online campaigners from the political world. It should be fun, it could be brutal, hopefully Guido won’t be too bruised.

Despite being invited, the LibDem’s failed to muster a team…

*Yes, they sell Guido’s adverts.

Quote of the Day

Lord Ahmed overheard saying at a party in the House of Lords…

“I spent two weeks in prison which the judge overturned. So legally I’ve never been in prison.”

Ding Dong : Guido v Kevin Barron MP

Guido isn’t sure what Labour MP Kevin Barron was expecting when he agreed to go on Sky News last night – the day details of MPs’ expenses were released.  Beforehand in the green room he was lamenting to former LibDem MP Richard Allen that the expenses gravy train had come to an end.  Once in front of the cameras he tried to make out he was some kind of reformer.  Guido wasn’t having that:

After this on screen exchange he called Guido a rude word. How hurtful…

Friday Caption Contest (Do You Feel Lucky Brown? Edition)

Investors Flee Fiscal Fiction

UK government debt took a whack yesterday, the gilt market dropped heavily on what the FT describes as ‘fiscal fiction’. The FT is blunt:

Investors took fright on Thursday at the timidity of the government’s plans to balance the books with one of the biggest sell-offs of British gilts this year.

The fiction will continue, the Bank of England will print more money and buy take billions more gilts on to its books to prop up the market.  The Moodys bond rating agency warned that the ‘AAA’ rating on UK sovereign debt was good for now, but within a few years that could be historyThe day of reckoning will be postponed, only to be worse when it comes…

Gordon Claims for His Second Home: Where is His First Home?

There has been a lot of tut-tutting about Gordon belatedly paying back £500 for the “questionable” painting of a summerhouse in the garden of his Fife home. So there should be, how did Gordon imagine it was that the summerhouse expenses claimed had been incurred “wholly, necessarily, and exclusively” in the performance of parliamentary duties?

He was able to do that using his second home allowance, but hang on a second, where is his first home?  He lives in grace and favour accomodation in Downing Street, he has use of the grace and favour Chequer’s mansion.  He pays nothing in rent or mortgage for those properties.  When he married he adroitly gave to Sarah the flat he bought cheaply in dubious circumstances from Robert Maxwell’s estate and Guido understands it is now rented out at a profit.  That leaves only his old Fife home.  It is clearly his real home, it is the only one he owns. Yet he designates it as his “second home” for expenses purposes.

That is just quite simply a dishonest and false claim made only to maximise the amount he can milk from the expenses system.  It allows him to live without paying for accommodation anywhere – if only he was so frugal with government expenditure – all at the expense of the taxpayer.  He taxes the shirts off our backs to pay for the ironing of the shirt on his back.



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Quote of the Day

The FT’s Wolfgang Munchau on the “fake maths” of economic forecasts:

“The truth is that our ability to forecast the future beyond the current quarter is limited… The curse of our time is fake maths. Think of it as fake news for numerically literate intellectuals: it is the abuse of statistics and economic models to peddle one’s own political prejudice… The fakeness of the maths lies in an exaggerated inference. Economic models have their uses, as do opinion polls. They provide information to policymakers and markets. But nobody can see through the fog of the future.”

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