Jack Warner was Doomed

Former FIFA boss Jack Warner has today been exposed by the Telegraph for taking millions from a Qatari firm linked to the country’s successful bid for the World Cup.

He was doomed…

Free Coffee for Labour’s Mr Bean

Goofy shadow communities minister Andy Sawford became a laughing stock after demanding Waitrose stop handing out free coffees to their loyal customers. You have to wonder about the motives of an MP backed by a rival supermarket group, though Sawford might just want the public to pay for their brew. That has not stopped him from getting his own free fill though – charging the taxpayer £22 in expenses for – you guessed it – a tin of coffee. No Costa living crisis for Andy…

Jonah Curse Strikes 'Defrauded' Think Tank

Back in 2009 the Prime Mentalist gave a glowing endorsement for a newly set-up financial think tank called the International Centre for Financial Regulation:

“As the international community moves from crisis management to longer-term reform, The International Centre for Financial Regulation will help governments, regulators and firms across the world to learn from recent experiences and build a stronger global regulatory framework.”

Gordon was so impressed they were given millions in government grants. Fast forward five years and today one Charles Taylor, chief operating officer of the International Centre for Financial Regulation, appears in court charged with defrauding the think tank out of £589.705.45. And to top it all it’s gone bust as well…

EXC: Gordon Brown Office Has £10,000-a-Week “Expenses” Raises Over £3 Million, Gives Less Than £1 Million to Charity

  • Office of Gordon and Sarah Brown has £10,000-a-week expenses
  • Not a registered charity, two thirds of funds raised spent on expenses
  • Less than  £1 million given to charity out of over £3 million raised
  • Vanity project lets  Gordon and Sarah enjoy jet-set premier life-style of first class flights and five star hotels

Gordon Brown has since leaving Downing Street raised over £3 million to support charitable projects yet has given less than a £1 million to charity. Nearly three-quarters of the money raised has gone on his office and globe-trotting travel expenses that run at over £10,000-a-week – allowing Brown to vainly swan around in Davos like old times. Gordon Brown always insists that he does not profit from the arrangement and that all the income goes either directly to charities or to support other charitable public service projects.

The Office of Gordon and Sarah Brown is not a registered charity, it is a private limited company. Guido’s investigation reveals – by piecing together some 133 declarations made in Gordon Brown’s parliamentary register of interests – a picture of the until now private accounts since the company was set up by Sarah. Brown has declared to parliament that the total amount paid to the company since 2010 is £3,605,197. According to a recent announcement on the company’s website, only £912,702 has so far been given to charity after three years. Leaving over £2 million to be accounted for when according to the latest available records the company had only £160,978 in cash at the bank. You can see an itemised spreadsheet compiled from Guido’s investigations here.

The company admits it budgets £550,000-a-year for expenses to meet salaries, accommodation costs and staff expenses. Gordon can be paid as much as $100,000 for a single speech in America to investors at finance conferences. By funnelling his speaker fees through the company he does not have to pay tax on the income, even though it covers the £10,000-a-week expenses for Gordon and Sarah to maintain the jet-set premier lifestyle they were accustomed to when in Downing Street, travelling first class around the world and staying in top five star hotels attended to by flunkies. Something Gordon would not be able to do on his backbench MP’s salary…

Everything is ‘Better Than You Expected’, Blanchflower

David Blanchflower, Gordon Brown’s favourite former appointee to the Bank of England’s Monetary Policy Committee, has come as close as his arrogance allows him to admitting he was totally wrong about everything. Back in 2009 the out-of-luck economist gazed into his faulty crystal ball and predicted that unemployment would top 5 million if the Tories came into power. In 2010 he forecast that unemployment would surge past 3 million to 3.4 million and in 2012 he predicted unemployment would go up the day before it dipped below 8%. So today’s painful admission that UK unemployment is ‘falling surprisingly fast’, which ‘is welcome good news and better than I had expected’, is a bit of an understatement. Better than expected… to the tune of millions of jobs.

 

Where’s Ed Balls?

The silent Shadow Chancellor is still keeping quiet despite some heavy briefing against him from colleagues at the weekend. One Labour MP told the Mail:

“Balls used to throw his weight around in Shadow Cabinet meetings and ignore Ed Miliband when he spoke. Now Balls is totally out of sorts. He doesn’t say much at Shadow Cabinet meetings and when he does, he is the one who is ignored. He has lost his mojo.”

Silence yesterday as well. So where was he? Hidden away at a very safe distance up in Scotland bravely knocking on doors with his old boss Gordon Brown, it turns out:

Anyone would think he was cursed…

McMental: I Saved the World But No One Listened

Gordon Brown has taken the time to represent the people of Kirkcaldy in the pages of the New York Times. Like a drunk shouting on a park bench about the apocalypse, Gordon’s new line is that he saved the world but nobody was listening:

“In early October 2008, three weeks after the Lehman Brothers collapse, I met in Paris with leaders of the countries in the euro zone. Oblivious to the global dimension of the financial crisis, they took the view that if there was fallout for Europe, America would be to blame — so it would be for America to fix. I was unable to convince them that half of the bundled subprime-mortgage securities that were about to blow up had landed in Europe and that euro-area banks were, in fact, more highly leveraged than America’s.”

Remember kids, Gordon “not only saved the world, but we saved the banks too.” Yes, the food banks…

Blanchflower Wrong Again

Poor Danny Blanchflower is at it again. The man that predicted three of this year’s triple dip recessions and said in May “I nearly fell over laughing when I heard Mervyn King say there’s a recovery in sight”, has turned his brilliant mind to pay. Taking to the Indy, Blanchflower has bluntly claimed: “Take if from me: wages are not going to rise much over the coming years”. Just like his predicted 5 million unemployed under Osborne, it turns out Blanchflower is wrong. Again.  According to a survey by KPMG for Markit, pay growth has hit a six year high this month

Free John Bercow

John Bercow has decreed that today’s Commons sitting will be devoted to honouring Nelson Mandela, though he has not always been such a big fan. Former Big Brother star Derek Laud, who was a member of the Monday Club along with Bercow, claims:

According to the club, Nelson Mandela was a “criminal” and “deserved” his prison sentence.

[…] Read the rest

+ READ MORE +

Watson Votes With Tories Despite His Gambling Campaign

Yesterday Guido brought you Tom Watson’s Damascene conversion over fixed odd betting terminals, which he had backed while on the CMS Select Committee, but has recently taken up as his latest cause. Last night the people’s champion accidentally voted the wrong way – against restrictions – on the machines:

“So I supported the government on their report into Fixed Odds Betting Terminals. 

[…] Read the rest

+ READ MORE +

Lammy's London Policy is Off the Rails

Fiercely bright London Mayor hopeful David Lammy has come up with an ingenious plan to help London’s commuters while on a fact-finding mission to Paris:

Guido cannot envisage a single problem with this plan.[…] Read the rest

+ READ MORE +

Prime Mentalist Flips Out at Whips For Being Made to Work

Tory MPs walking to the Tea Room report that Gordon has been loudly remonstrating Labour whips in their office so loudly that they could hear from the corridor. The former Prime Mentalist is apparently rather unhappy at being made to come back to vote, as he is paid to do, when the Tory army rebellion was beaten comfortably.[…] Read the rest

+ READ MORE +

“Ex-Politician” Gordon Paid £349,501 in One Month

No wonder the Prime Mentalist has forgotten he is still an MP. In October alone he has declared payments for outside work of £349,501, including for speeches and junkets to Shanghai, Johannesburg, Monaco and New York. As ever Gordon warns the press:

“I am not receiving any money from this role personally.

[…] Read the rest

+ READ MORE +

WATCH: Gordon Brown Forgets He is an MP

Gordon Brown, speaking to Mishal Husain and the Queen of Jordan in Qatar today, reveals he sees himself as an “ex-politician”. Someone should tell the people of Kirkcaldy and Cowdenbeath…[…] Read the rest

+ READ MORE +

Sunny Hundal’s Greatest Hits Proof the IDS Welfare-to-Work Reforms Working

So farewell then, Sunny Hundal. Liberal Conspiracy is soon to be no more. Sunny is closing it down because “there is just too much opinion out there”, he is off to lecture at Brian Cathcart’s world-renowned Kingston University. Proof that IDS’ policies are working. […] Read the rest

+ READ MORE +

Prime Mentalist Going Loco Down in Acapulco

Parliament has a full schedule this week, so of course Gordon is instead jetting off to a Mexican party town to address a conference on the financial crisis. He has clearly brought the Curse of Jonah with him. Just this week Acapulco has been battered by storms and heavy flooding, if that wasn’t enough CNN reports on its recent “economic devastation”.[…] Read the rest

+ READ MORE +



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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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