Chinese Unimpressed With Danny

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The Chinese have let it be known that they are unimpressed with Danny Alexander being the British nomination for their Asian Infrastructure Investment Bank, a post-Bretton Woods multilateral agency that is another sign that the global economy is shifting East. The FT reports that the AIIB advertised for vice-president rank positions requiring candidates have a

 “minimum 20-25 years in a leadership function and position of influence in multilateral development bank(s) or equivalent”.

Danny of course was Chief Secretary to the Treasury for 5 years, a politician for a decade and prior to that a press officer for the Cairngorms National Park Authority. How this really qualifies Beaker for a board level position at a crucial multilateral investment bank escapes Guido and the unimpressed gerontocracy in Beijing. Everyone in SW1 sees it as a lucrative sinecure gifted from a grateful George Osborne that will open up other highly paid positions for Danny.  The AIIB has given him responsibility for “communications”. The German nominee – a career banker – has been given the chief operating officer role. Expect German industry to sell a lot of heavy plant equipment to Asia financed by the AIIB…  

Danny’s Economy Wife

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Last week it emerged the Treasury are lining up Danny Alexander for a cushy job with China’s new Asian Infrastructure Investment Bank. It seems things are moving quickly.

Last week he was spotted travelling back from Beijing with British Airways, business class. Unfortunately his wife Rebecca was not on expenses, so she travelled back in economy…

Danny Alexander Tapped For China Bank Role

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Bloomberg’s Rob Hutton is reporting that Danny Alexander, the currently unemployed former Chief Secretary to the Treasury, is in the running to join China’s new Asian Infrastructure Investment Bank. The Treasury is said to be putting forward Alexander for a seat on the bank’s board. It is not yet, Guido understands, a done deal… 

Joining the Beijing-based bank’s board would be a lucrative reward for Alexander, of whom George Osborne recently said he had “a lot of time for and respect for Danny”. As well as his board fees it would open up a lucrative future career in high finance in booming Asia. Sir Danny has come a long way in the decade since he was a press officer for the Cairngorms National Park…

Danny Alexander on Future of LibDems

Danny Alexander says the LibDems should not…

“… envisage a future as a sort of soggy Syriza in sandals.”

There’s Lunch Money Left

Though the national debt has actually risen from 60% of GDP to 80% of GDP, the deficit is bigger than Greece’s deficit and the IMF doesn’t believe Britain is on course to close the deficit by 2020. So there is even less money left than when Liam Byrne left his note…

Rapt Commons in Thrall of LibDem Budget

The Chief Secretary to the Treasury will be heard. By some…

Poll: Both Alexanders Set to Lose Seats to SNP

In what appears to be a premature data dump of Lord Ashcroft’s much anticipated Scotland polling, Danny Alexander is predicted to lose his seat at the election:

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As is Douglas Alexander:

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Not Great for Alexanders…

Quote of the Day

George Osborne burns Danny Alexander…

“If I had been chief secretary and after all this time I hadn’t found the key to the fridge I wouldn’t tell people…”

Read Guido’s Column in The Sun Today

sun-spread-31-3-13Today’s Sun is packed with politics: read Louise Mensch on the Labour MPs who condemned her for “abandoning her constituents” but are now praising David Miliband, and Danny Alexander on “Labour’s better-off bedroom blockers”. In Guido’s column:

  • David Miliband’s cursed followers
  • Balls keeping his distance from toxic “Mr McBride”
  • McPoison’s row with a Labour candidate
  • Stella Creasy coy over her ambitions
  • Boozy Tory MPs partying with young Conservatives
  • Burnham’s fearful cagefight
  • The Treasury has a secret-spy in the Foreign Office

All for only 50p. Happy Easter!

Oborne Has Guilty €urophiles Squirming

Younger readers will not know that “Guilty Men” was a book written by Michael Foot,  Frank Owen and Peter Howard, published in 1940, attacking the leading establishment figures of the day for their appeasement of Nazi Germany in the 1930s. As denunciations go it is the classic and an equal to Émile Zola’s J’accuse. Peter Oborne and Francis Weaver have entitled their new pamphlet to be published by the CPS tomorrow Guilty Men in a conscious echo of that great score settler. It is a coruscating attack on those who would have entangled Britain in the disastrous euro.

Their premise is that “Very rarely in political history has any faction or movement enjoyed such a complete and crushing victory as the Conservative Eurosceptics. The field is theirs. They were not merely right about the single currency, the greatest economic issue of our age — they were right for the right reasons.” This is not a mere opus of a gloat, they name and shame the establishment figures who shamelessly exaggerated, lied and eulogised on behalf the euro and the European Project and have yet to apologise for the disaster they would have wrought. The institutions who are guilty include the CBI, BBC and of course the Financial Times. The guilty men include the shameless pundits who smeared their opponents, for example David Aaronovitch, who compared David Owen to Oswald Moseley and Enoch Powell because the founder of the SDP had become sceptical of the wisdom of the euro currency. Andrew Rawnsley, Chris Patten, Tony Blair, Peter Mandelson, Michael Heseltine, Ken Clarke, Charles Kennedy, Danny Alexander and from business Niall FitzGerald, Adair Turner and David Simon figure among the guilty men. It is instructive and amusing to remind ourselves of the hysterical claims and wild accusations made by these europhiles. Though this isn’t referred to in the text, it occurs to Guido that many of the same guilty men are currently making the same kind of hysterical claims about global warming.

Oborne has employed his usual panache in delivering the charges. It is well worth reading if you enjoy the thought of europhiles squirming guiltily. 

Recovering europhile Danny Alexander admits to Standard

“I think there is no doubt at all that the flexibilities we have, not being part of the euro, have been very helpful to the UK in dealing with the economic crisis we’ve had…”

Beaker Wields the Axe

Was Danny Alexander writing press releases or cutting down trees? All that work in Cairngorms National Park must have done some good for Beaker as he seems to be able to handle an axe quite well. He just told the Commons that the government could not “spend money it simply did not have.”

He announced twelve prospective government projects that Labour approved will be scrapped saving two billion pounds and suspended other projects worth another eight and half billion. The controversal £80 million loan to Sheffield Forgemasters has gone.

He’s no David Laws, but such action should go some way in reassuring those who doubt Beaker’s steel.

Seen Elsewhere

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