OECD Received £85 Million From EU

Interesting research just out from Change Britain this evening. The OECD has received a grand total of £85,173,454.91 from the EU since 2007:

  • In 2007 the OECD received €3,915,338 (£2,680,064.52) from the European Commission
  • In 2008 the OECD received €6,915,240 (£5,504,897.55) from the European Commission
  • In 2009 the OECD received €5,217,103 (£4,651,542.95) from the European Commission
  • In 2010 the OECD received €3,947,916 (£3,384,548.39) from the European Commission
  • In 2011 the OECD received €5,796,929 (£5,033,473.45) from the European Commission
  • In 2012 the OECD received €1,722,375 (£1,396,329.41) from the European Commission
  • In 2013 the OECD received €2,669,613 (£2,265,433.59) from the European Commission
  • In 2014 the OECD received €380,249 (£306,784.89) from the European Commission
  • In 2015 the OECD received €32,898,142 (£23,884,051.09) from the European Commission
  • In 2016 the OECD received €44,752,859 (£36,066,329.07) from the European Commission

Puts their scaremongering today into perspective. 

Corbyn’s Capital Controls

John McDonnell says Labour have been war-gaming how to cope with the markets in the event of a Corbyn victory and a run on the pound. He was evasive about what he meant, however this weekend’s Young Labour conference has given us a massive clue.

Conference passed a motion on “Capital Controls and Financial Sector Regulation”, proposed by Oxford Uni Labour’s Michael Muir – last heard of during the “Zio” row. The motion laments the failure of SYRIZA in Greece to implement a socialist programme because it was “curtailed by massive and politically-orientated capital flight.” 

The solution according to Young Labour is for McDonnell to take direct control of monetary policy away from the Bank of England and introduce capital controls to better reflect “the balance of class forces”. You will have to get permission from the state to take money out of the country. This is the classic left-wing solution to capital flight, rather than make the country attractive to investors they instead try to imprison investment. It ends badly every time.

Perhaps Young Labour’s millenials don’t realise the effects it will have on them personally. In the 70s you could only take £50 per person on holiday. Working families holidays in Benidorm – you won’t be able to go large in the bars. Ibiza? Forget cocktails in Pascha. Buying the latest electronic gadgets on Amazon from overseas – sorry. Nan’s retirement holiday home – forget it. That year long gap yah? Nah.

The “socialism in one country” idea hasn’t worked well in Venezuela, and the cost has been a massive loss of freedom. The eternal truth is that “to be controlled in our economic pursuits is to be controlled in everything.”

Tory MP Demands Cabinet Office Investigates Sir Craig’s Book

Following Guido’s story on a potential breach of the Special Advisers Code of Conduct in Sir Craig Oliver’s memoirs, a Tory MP has written to Cabinet Secretary Sir Jeremy Heywood demanding an investigation. Andrew Bridgen asks the two killer questions: why was Sir Craig permitted to publish information that the Cabinet Office admits could prejudice relations with the US? And did Sir Craig breach the SpAds Code of Conduct by failing to discuss his memoirs with the Cabinet Office prior to signing the book deal? This line of the letter is particularly interesting:

“If the rules were broken, there is precedent to confiscate the profits of the book sales. In 2000 the Government obtained a court order for it to be paid £90,000 of royalties owed by the publisher Jonathan Cape to George Blake for his unauthorised 1990 memoir “No Other Choice”. I hope you will investigate these serious issues promptly.”

If the government did confiscate Sir Craig’s profits that could mean an extra £350 to the NHS…

Brillo Speech at Holocaust Educational Trust Dinner

Must-watch Andrew Neil speech on the dangerous trend of left-wing anti-Semitism at the Holocaust Educational Trust annual dinner last night.

Davis: Brake Leaked His Own Letter

Last night Tom Brake complained to Bercow that he suspects DExEU leaked to this website a letter he wrote to David Davis. It’s clearly hurting Brake as he brought it up in the Commons again at DExEU questions this afternoon. DD comprehensively slapped him down, replying that the first DExEU heard about the letter was when a journalist called them up asking for comment. In other words, Brake leaked his own letter to the press first. A row entirely concocted by Brake, who is not only wasting everyone’s time to serve his own bitterness but also misleading the House…

Boris on Labour: “You Supine Protoplasmic Invertebrate Jellies!”

A repeat but the old ones are the best…

A Look at Some of the OECD’s Previous Forecasts…

The usual suspects are going mad about the OECD’s provocative claim that only having a second referendum and reversing Brexit will save the British economy from apocalypse. Seriously? This is an organisation that said the UK would receive “great benefits” from joining the ERM. They recommended we join the Euro. They said there would be an immediate “major negative shock” in the event of a Leave vote. Remember the OECD was forced to backtrack on its warnings of instant doom last year and revise its forecasts up “as a result of a stronger-than expected performance”. Buried at the bottom of today’s OECD report is a line conceding the outcome “could prove more favourable than assumed here”. You don’t say…

UPDATE: Also worth noting that even the OCED’s most doom-laden predictions now still predict the economy will grow in the event of no deal. What happened to the immediate recession Project Fear promised? 

No Deal Brexit + Slashing Tariffs = Reduced Prices

The top line of this morning’s Resolution Foundation report is that lower income households would be stung in the event of a No Deal Brexit should we revert to WTO tariffs. This is a false premise: in a No Deal scenario it is far more likely that the government would unilaterally cut or decline to impose tariffs. Ministers have repeatedly privately said they would propose a policy of unilateral tariff reduction – or even unilateral free trade with tariffs set at zero – in the event of No Deal. The Resolution Foundation looked at this scenario too and found that in a No Deal Brexit where the UK slashed tariffs household spending would be reduced by £130 a year. Look at all those cheaper prices above…

Of course this finding is nowhere to be found in the headlines of the Remainstream media, despite being the far more likely outcome in the event of No Deal. There you have it from a centrist think tank: No Deal means cheaper prices. Brexit is about breaking free into global markets, not putting up protectionist barriers to trade…

Brake Misleads Bercow About Guido Story

Tom Brake has gone crying to Bercow after his letter to David Davis last week was published by Guido. In a point of order yesterday Brake whinged:

On Friday I emailed the Secretary of State for Exiting the European Union’s office at eight minutes past 12. It was acknowledged by his office at 21 minutes past 12, and by 15.03 precisely my letter was on Guido Fawkes’s website.”

Except there is one embarrassing bit of information that Brake didn’t tell Mr Speaker. The first DExEU heard of his letter was when newspapers started calling them up for comment. Which means Brake leaked his own letter to the press first. Bercow might be no fan of Guido, but he won’t take kindly to being misled by Brake either…

Labour Charge Electric Campaign Vehicle in Parliament

Peter Bone raised a pertinent point of order in the Commons last night after spotting this Labour campaign smart car being charged on the parliamentary estate. Section 13 of the Theft Act 1968 is clear about abstracting electricity: “A person who dishonestly uses without due authority, or dishonestly causes to be wasted or diverted, any electricity shall on conviction on indictment be liable to imprisonment for a term not exceeding five years”. Did Labour have permission to charge their party political campaign vehicle on the taxpayer? Thought power was supposed to go to the many, not the few?

Hammond: EU “Silly” For Not Moving Talks On to Next Stage

Philip Hammond has given an interview to CNBC, where he demanded an end to “the infighting on our own side”, insisted “we’re gonna be prepared” for no deal and called the EU “silly” for refusing to move talks onto the next stage.

“The biggest sticking point of the moment is process. The European Union have decided on a process to follow. And it’s become apparent that that process isn’t going to facilitate the most effective negotiation… This seems like a rather silly thing for us to get hung up on. If we could just have a talk about this round the table I’m sure pretty sure we’ll unstick it.”

Guido agrees with Phil…

Get the Latest Corbynista Look

Just £14 courtesy of the Labour Party Young Guerrillas. Other t-shirts on sale include the slogan “Friends don’t let friends talk to cops”. Spotted in the wild by Tom McTague:

Well they don’t call him “the Quartermaster” for nothing…

Mr Rayner’s Alternative to Badger Cull

Since badger killing is in the news at the moment, worth taking a look at the Corbynista view of the cull. Angela Rayner’s husband Mark, a top trade union official, suggests an alternative plan on his Facebook page, posting this charming “Cull the Tories” graphic. Kinder, gentler…

Freedom-Hating Obesity Charity: Ban Sugar

Tam Fry of the National Obesity Forum is addicted to banning. He wants to ban chocolate bars containing more than 250 calories, because he has decided that is a “quite sufficient snack for anybody“. A typical Mars bar contains 260 calories. Two Twix fingers is 286 calories. A Milky Way has 264 calories. Tam would ban them all. 

The nannying nonsense doesn’t end there. Fry also wants a blanket ban on products with added sugar for hospital inpatients. And the serial banner has come up with a catchy slogan for his crusade: “Sugar is the new tobacco: ban it”. The UK’s leading anti-obesity campaigner calling for sugar to be banned. He’ll have to pry Guido’s 274 calorie Bounty bar from his cold, dead hands…

Is Statue Keith? ‘Vaz and Rent Boy’ Sculpture Unveiled

Guido likes to keep his cultured readers abreast of the arts: you may have missed this new sculpture, entitled “Keith Vaz MP and his Rent Boy”. The work, by London-based artist Wilfred Wood, went on display at Saturday’s Queer Artists Now exhibition at the Archive Gallery in East London’s De Beauvoir. The baseball-capped “rent boy” places a languid hand on Vaz’s shoulder. A boxer-shorted Vaz stares into the distance. It would work nicely for Parliament Square?

Alun Cairns’ Tippy-Toes Pose

It was always going to be a tall order for the pint-sized Welsh Secretary Alun Cairns to be photographed next to the statuesque Chris Grayling. The tippy toes made up the difference. Turns out Cairns is a regular on pointe:

Bless.

Sir Cover-Up, Sir Craig and the Curious Case of His Memoirs

The rules for a former Special Adviser wanting to write a book on their time in government are very clear: Sir Jeremy Heywood must give his personal approval. As the Code of Conduct for SpAds states: “The permission of the Cabinet Secretary must be sought before publishing, or entering into a contractual commitment to publish such memoirs”. Sir Craig Oliver’s memoirs, then, must have secured Heywood’s approval before the book deal was signed. Yet a year-long Freedom of Information campaign raises questions as to whether the rules were followed…

Sir Craig’s book is full of privileged information. It discusses the contents of a phone call between David Cameron and Barack Obama (pages 62-63). It discusses the contents of various Cabinet meetings (pages 95-96, pages 376-379). It discusses the contents of a meeting between Obama and the Cabinet (pages 196-197). Now, it has consistently been government policy, championed by Heywood, not to release details of conversations between the PM and US Presidents, or to release details of Cabinet discussions. A co-conspirator tested this by sending a very specific FoI request seeking the exact same information published in Sir Craig’s book. The Cabinet Office refused to disclose it on grounds of “prejudicing relations between the UK and any other State” and protecting Cabinet privacy.

So the Cabinet Office is on record that releasing this specific information could prejudice relations with the US. Why, then, was Sir Craig allowed to publish it?

Guido’s co-conspirator has spent the last year trying to find out. On 3 November 2016, in response to another FoI request, the Cabinet Office said Sir Craig “followed the process for publishing personal memoirs as set out in the Code of Conduct for Special Advisers”. In other words, nothing to see here.

Yet eight months later, in response to an internal review of the FoI response, on 27 July 2017 the Cabinet Office was forced to admit it “does not hold any recorded information to show there was a discussion prior to Mr Oliver signing a contract with a publisher”.

Hang on a minute. If there is no record in the Cabinet Office of any discussion prior to Sir Craig signing his book deal, how can he have possibly “followed the process” which requires “the permission of the Cabinet Secretary” before “entering into a contractual commitment”Uh oh…

The Cabinet Office say Sir Craig did submit his manuscript before publication, meaning Heywood could have prevented the release of restricted information but chose not to do so. This all raises several questions. First, Sir Craig could be in big trouble if the rules on securing permission before signing a book deal were not followed, as the Cabinet Office appeared to admit. Indeed the government has seized the profits of books which breached the rules before – an outcome which definitely wouldn’t be hilarious. Secondly, if Heywood did sign the book off prior to publication, why did he sanction the release of privileged information that the Cabinet Office says “prejudices relations” between the UK and US? It is hard to see how Sir Craig and Sir Cover-Up can both have kept to the rules. This could unleash some demons…

Pidcock’s Post Office Post Returned to Sender

Latest from the Labour brains trust. Friendly Corbynista Laura Pidcock reckons the “real issue” with the Post Office is that it is privatised and that “we need public ownership” to “serve public needs”. The Post Office is of course already publicly owned and run through the Department for Business, Innovation and Skills. Royal Mail is a private company. Laura has deleted her tweet. Seems it is she who has been publicly owned…

Young Labour: Leave NATO, Abolish the City and Reject Two-State Solution

Young Labour’s weekend conference gave us a taste of what things will be like in the People’s Republic of England in 2048. The cream of the party’s future gathered in Warwick to call for the introduction of capital controls, a ban on NATO and an end to the commitment to a two state solution in Israel-Palestine. Insiders say the group is still split between Corbynistas and moderates. No doubt who is winning judging by the motions that passed…

On the other hand, a motion calling for the mutual recognition of Israel and Palestine and committing to a two-state solution was rejected. And check out the text of this motion on shutting down the City brought by Oxford University’s top Corbynista Michael Muir:

“The operational effectiveness of our Greek comrades’ decision to impose capital controls was hamstrung by the European Central Bank’s political decisions and its lack of control over its own currency…

The City of London, broadly understood, is a reactionary special interest… Capital controls are not a neutral policy instrument but a reflection of the balance of class forces… The City of London Corporation must be abolished and its functions transferred into democratic control… That the operational independence of the Bank of England should be ended.”

Finally, Jez turned up and failed to rule out nationalising Greggs. Votes at 16?

Salmond and Tasmina’s Boozy City Break

The Daily Mail has a great hit on the extra-curricular activities of Alex Salmond and Tasmina Ahmed-Sheikh. They’ve been caught on a three day jolly to Strasbourg enjoying “three-and-a-half-hour lavish booze-fuelled dinners” at a Michelin star restaurant. Guess who is picking up the tab?[…] Read the rest

+ READ MORE +



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Quote of the Day

IDS responds to Juncker’s pints analogy earlier:

“Mr Juncker knows a little bit more about the bar than perhaps many of us do.”

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