Meanwhile our friends in the North, the Scots, have been voting rather differently to those in the South, though rarely has Scotland flattered itself more as a cosmopolitan mate of the London clique. It's funny how the independence movement which defined itself as being too far distant from London attitudes to be governed from Westminster now uses the closeness of their views on the EU to justify breaking away from places like Berwick on Tweed. Perhaps the effect of money from both London and Brussels does sway the mindset, over time. I simply do not see what Nicola Sturgeon is trying to argue: last year the Scots voted on whether to stay in the UK. They decided to do so. Step one. Now, the question was should the UK remain within the EU, or leave. Step two. They were voting as part of the UK and they influenced the result accordingly- not decisively, it is true, but the percentages do talk, and right now the level of uncertainty is due largely to the Scots and London. They have to be content with that, within the Union which they voted to remain in last year.
Sunday, June 26, 2016
Brexit et al
Meanwhile our friends in the North, the Scots, have been voting rather differently to those in the South, though rarely has Scotland flattered itself more as a cosmopolitan mate of the London clique. It's funny how the independence movement which defined itself as being too far distant from London attitudes to be governed from Westminster now uses the closeness of their views on the EU to justify breaking away from places like Berwick on Tweed. Perhaps the effect of money from both London and Brussels does sway the mindset, over time. I simply do not see what Nicola Sturgeon is trying to argue: last year the Scots voted on whether to stay in the UK. They decided to do so. Step one. Now, the question was should the UK remain within the EU, or leave. Step two. They were voting as part of the UK and they influenced the result accordingly- not decisively, it is true, but the percentages do talk, and right now the level of uncertainty is due largely to the Scots and London. They have to be content with that, within the Union which they voted to remain in last year.
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7:11 AM
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Saturday, December 05, 2015
The menace
The last time I wrote on this blog was to note the extreme behaviour of Vladimir Putin's Russia. The reason for doing so was a sense of foreboding about his attempts to rejuvenate Russia as a world power. Now, more than a year and a half later, the concerns about Russia's activities in Ukraine persist, and of course Putin has become involved in the conflict in Syria. This is one more step along the road to a critical mass- but a critical mass for what, to what end, where does the momentum lead?
Contrary to what I said before, Russia is far from behaving like a psychopath. The truth is much more interesting than the poetic notion.
First we need to recognise that Russia's position is hardly simple, even if the complexity is partly of its own choosing. Recent events, such as the downing of Russian tourist flight A321 in Egypt, have demonstrated that there is clearly a major threat to Russia from terrorism in the world at large, but this is even truer in Russia itself. Putin's need to build prestige, indicated by his sabre-rattling and his Crimea land-grab, is to do with countering this threat. Russians, like Frenchmen and Britons, have been drawn to the black flags of ISIS, and in Russia's case they may be recruits generated by internal muslim groups of long standing in the Russian 'sphere', for example the Chechens.
Thus we can see that Putin partly acts tough to intimidate such opponents and to boost his popularity at home, where his core population sees itself under threat from the East.
In light of this, can we say whether Russia is a threat to Europe and the US owing to its territorial pangs in Eastern Europe, or should we rather say that it represents both a de facto and potential ally against Islamism? How should we describe such things as Putin's antagonism towards Turkey: the bullying of a NATO member, or natural tension towards an historic Islamic power whose actions in the current heightened state of affairs are ambiguous and possibly strongly self-interested, and who, moreover, shot down a supposedly straying Russia fighter?
One thing should be obvious- if Putin wanted to make a united front with the UK/US/French etc, he could have done so by abandoning Assad and throwing his weight behind a alternative acceptable to these allies. It was not concern that Assad's departure would leave a vacuum that led Putin to support Assad. No, the key thing was to undermine NATO or US/UK/French foreign policy.
Behind this is possibly the recognition of a rising Islamic tide. So far I have not mentioned the attacks in Paris in November. I have not mentioned the attacks in San Bernadino a few days ago. I have not mentioned the murder of tens of British tourists in Tunisia in July this year. Nevertheless, a rising tide is certainly about us, and Putin is well aware of this. Since Russia is particularly vulnerable, it is important that other countries should be given more trouble that Russia is- partly for propaganda reasons, but also because weakness would encourage Islamists to make his regime the first to be toppled in search of a new Islamic world power entity, otherwise known as Caliphate.
Thus, if the US and allies are stymied in the Middle East that's a useful signal to his enemies to target Europe rather than Russia. It also diminishes their standing and therefore (in a bi-polar world) raises his. Meanwhile, sponsoring Assad, whom no-one else would touch with a barge-pole, secures Russia a foothold in the Middle East that may be a crucial bargaining chip with a future caliphate power, which might for instance include a radicalised Turkey.
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9:03 PM
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Tuesday, April 22, 2014
Back in the USSR
No apologies for anyone popping by (of whom there will be few, with so little to see), but I'll take this space to reiterate a point- don't bloody trust Russia. To read many English blogs and papers you would think that Putin had a point about first Crimea, and then Eastern Ukraine. Well he does- the point of a gun. I'm afraid Putin is more and more a mad dog, a rabid one. His record has to be observed, and once that is done the conclusion is inescapable that Putin is a psychopath within the trappings of a sulking partial-power.
The record will surely be incomplete but Michail Khordokovsky, Ana Politskaya, Alexander Litvinov, Victor Yushchenko, Chechnya, Abkhazia, Crimea, and now Vladimir Rybak.
He's a serial man, and there's no doubt he will be slowly stalking other prey, like Estonia, Latvia and Moldova. Well, I've said it before. I am afraid that I will be saying it again; and I think the word 'afraid' is too weak for how I really feel; foreboding is nearer the mark.
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5:37 PM
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Friday, August 30, 2013
Sorry Syria
Well, in the last dregs of summer's freetime I have given a little time to listening to the debate on Syria. I managed to see something of the Parliamentary debate, the relentless drumbeat of retreat from action which emanated from the back benches, but I hadn't heard Cameron's contribution until today. Meantime I had listened to John Kerry's rationalisation of the case for action against Assad, specifically his chemical weapons use.
First of all I must say that Kerry clarified the claim- 1429 dead, he said, at least, as a result of the attack. Until tonight I hadn't heard it so unequivocally put. Yesterday there was barely a mention except when Cameron briefly claimed 300 and something as a number drawn from Medecin sans Frontieres hospitals. That was always (I considered) going to be a fraction of the real number, assuming that the hospitals which treated the victims weren't all run by a French charity. 1429 is a different ball park- it's mass murder rather than warfare.
The number of dead leads necessarily to reflections on the scale of the attack.
What Kerry also added very clearly was the data on launch points of the attack, and targets. He said clearly, again and again- the launch points were multiple and all in areas controlled by the Assad regime. The targets were multiple but all were either in the hands of the rebels or of disputed control. The attacks had launch points in Assad territory (they were delivered by shelling) and targets which were rebel or disputed. The scale was massive and multiple in origin and target.
Did I mention 1429 people were killed in the assault?
What Kerry did that Cameron didn't was put together a sustained argument with key details which were repeated for emphasis and to allow them to sink in.
One aspect that he emphasised was the sheer number of videos of the aftermath which had come to light. So multi-sourced and spontaneous its as if ordinary people in Damascus might have smart phones with video capability. Oh.
Kerry spoke consistently and methodically, Cameron kept adding listed factlets in between interruptions from the House during which he repeatedly simply said 'I want to make some progress'- and then took another interruption. It all sounded very Parliamentary but for the 'Ănformation poor' House of Commons there was no chance to let key facts sink in. Moreover, Cameron was at such pains to point out that he was doing things differently from Blair, he didn't permit the facts to speak for themselves.
,
It was almost as if Cameron wanted to lose- he was so gentlemanly to opponents and sceptics that he felt it indecent to even try to bend their ears with facts.
Well, it's early days in this particular conflagration in the ME. There will be time,
'There will be time, there will be time
To prepare a face to meet the faces that you meet;
There will be time to murder and create,
And time for all the works and days of hands
That lift and drop a question on your plate;
Time for you and time for me,
And time yet for a hundred indecisions
And for a hundred visions and revisions
Before the taking of a toast and tea.'
But I still wish that Cameron had made a proper speech.
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9:11 PM
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Sunday, April 07, 2013
Mick Philpott, existentialist, rascal
Far as I am from the UK, I find that the story of Mick Philpott, guilty of killing six of his children, somehow encapsulates all that is wrong with the sceptered isle. His appearances on daytime tv, his status as archetypal layabout, with an origin intriguingly including a period spent as a soldier in the army; his previous convictions being of such serious crimes as aggravated attempted murder, but so underpunished as to teach him all he needed to know about the malleability of the values of the society he leeched from; all these and more suggest, in a kind of odiferous compot, the precise elemental excretia of the body politic in the era in which we live.
In fact Philpott's life history suggests a man who acted entirely on his desires and behaved with an almost poetic sense of freedom, insofar as whatever he could get away with, he did. He may well have known what good behaviour was, in the abstract- he could certainly impersonate it when he wanted to-, but in reality he was committed to doing whatever he was able to get away with at the given moment, and in the process imposing a Philpott-shaped indentation on the society through which his antics cut a swathe.
The details are oh-so-very tabloid, to such an extent that it's clear Philpott understood and even lusted after placing himself within the tableaux of selfish extremity which is their constant emanation. We learn, for instance, that Mick Philpott and his wife Mauraid went to a karioke evening in the days after they had caused the death of six of Philpott's children, and that he sang 'Suspicious Mind' by Elvis Presley, including the lyric 'caught in a trap'. The macabre dark humour of the Philpotts is an element of the artist of the moment trying to impose his will on reality.
Murder, as Dostoyevsky illustrated in his work Crime and Punishment, is the ultimate assertion of the will. Thus did Philpott consider the deaths of his children: as the assertion of his will. He considered himself, and forced others to admire him as, one of life's winners, one of life's survivors. He considered it his role to dominate: women, children, even society itself. He dominates the headlines today, and that itself is a form of continuing victory. For this, Philpott can be considered one of the world's great existentialists. Dostoyevsky's Raskolnikov would have agreed, and this latter day rascal shows how the world has advanced since those times.
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8:06 PM
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Sunday, March 03, 2013
D'Ancona
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9:26 PM
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Sunday, October 28, 2012
Greece on the slide
Nothing can contain my disgust with the EU at their complicity and indeed authorship of the continued stresses in Greece, among other southern countries. Paul Mason offers a telling account of the Greek predicament:
On the walls somebody has spray-canned "Love or Nothing".
Right now there is a heck of a lot of nothing: shops closed, stripped,
barred, graffitied, the fascias chipped off as ammunition in riots,
burned out, gone.
I am no fan of Mason, but like all true socialists he takes things seriously. Only he cannot- one assumes because he has other kinds of revolutionary solution in mind- come to the only sensible conclusion that will help Greece out of its hole: leaving the Euro. The only argument I could ever see in favour of the European Union was that it helped less-developed nations to integrate into the developed core. Now that process is reversing, and far from despairing over it, the Euro elite, from Germany to Spain, actually rejoices that 'necessary' 'reforms' are underway. As Mason illustrates, this is not reform any more than punishment beatings are justice. It's just beyond belief that the pols of Europe, so used to pivoting whole elections around a couple of percent of unemployment and a couple of percent of benefits or taxes, are merrily going along with changes in the tens of percent- unemployment, benefits, taxes. All the while it is verboten to consider the essential ground of currency which is normally a powerful tool available to the politicians who have been voted by their electorate. Mason's sense of foreboding is wise, even if the socialist in him cannot bring himself to undermine the essentially socialist construct of the Euro.
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9:58 PM
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Thursday, September 06, 2012
and the key metric is...
No, not the bond yields for Spain, or the value of the Euro, or how the markets have risen on the news of Mario Draghi's promise of unlimited bond buying. No, the fact that matters is this - Greek unemployment rose by 1% in July. In July. In July alone! At 24.4% it's 7% higher than it was this time last year. It hasn't surpassed Spain's, but you can see the trend. Quantitative easing has decoupled the markets from the economy; government debt shielded by this has decoupled the populace from economic reality. Nevertheless the real weight of the economic uncertainty is being felt by the economic decisionmakers on the high street, in manufacturing and construction, and reality bites as the taxman goes hungry.
The big emphasis of Mario Draghi's announcement was 'conditionality' ie. the PIIGS can have the money IF they cut Government spending. This emphasis was for Merkel. The trouble is, that puts the population of Greece ever more into the position of rabbits in the EU headlights- pensioners paralysed, students pessimistic, everyone in between grasping for everything they can hold on to. It's not reform any more than the surgeons in the Middle Ages were carers. It's blood-letting, and the patient merely blanches ever whiter.
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6:49 PM
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Tuesday, August 28, 2012
Crazy Rajoy
Here's a great article on the current situation of Spain on ZeroHedge. What it emphasises is the relative difference of Spain,, especially that they evolved for themselves a special kind of finance model called 'dynamic provisioning' which basically allows them to fix the asset values of banks until favourable. This means that, according to ZeroHedge, the banks in Spain have their solvency underwritten by assets which are 40% overvalued. Perhaps a better word for the system could be 'static provisioning', maybe 'price fixing' or simply just 'fraud'.
Anyhow, with my Spanish and a little free time, I watched Mariano Rajoy and Herman Van Rompuoy face the press today. Once upon a time I had hopes that Rajoy, unencumbered by the burden of responsibility which was Zapatero's, would be able to take a fresh approach. Uh oh. Rajoy's a gung-ho Charge of the Light Brigade type. He ranted in practically every single answer, despite the questions being far from challenging. No-one wanted to ask something simple like 'how much unemployment is unbearable for a country?' No, they knew that practically the only thing Rajoy would say is 'the Euro is forever''. Much like love. And we know how that usually turns out. The more you have to say it, the less it means and the more it signifies.
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3:15 PM
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Tuesday, July 10, 2012
balls
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4:36 PM
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Monday, June 11, 2012
we are all swivel-eyed xenophobic extremist anti-Maastricht bastards now
Love the intro from Norman Tebbit's lovely blogpost:
I post just as the first Spailout is being digested (and pretty thin stuff it seems). We've moved on from Grexit to Spailout, in terms of the latest flutterings. Germany is still growing, looking suspiciously like an undertaker booming as the front-line casualties mount. I'm also learning German (true, actually, but unrelated- I think).
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11:37 AM
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Sunday, January 01, 2012
Ok, it's been a while. Mostly I've been observing rather than commenting anywhere- just the occasional tweet from me - @Edtho in case you'd like to follow. But what a lot to observe. From where I sit the view of the Eurocrisis is just fascinating. It's all a question of to what extent anyone's in control and whether this is a "beneficial crisis" or a crisis of real proportions.
As I see it now it's a bit of both. Germany's Merkel clearly is in the best position and looks like the director, but it suddenly occurred to me that she's like Elsa in Indiana Jones and the Last Crusade. The ground opens up and the grail slips down and lodges on a ledge below. That's German Euro-hegemony, in my analogy. Elsa (Alison Doody- Mrs Merkel) is reaching down for the Grail- stretching, stretching and she just can't reach while holding firmly to the floor above her. Well, the Germans don't actually have what it takes to solve the crisis without help, do they? They can bail out Greece but how about Spain? However, the idea of German virtue conquering all in Europe is so attractive to Elsa (Merkel) that she defies reality and keeps on stretching. Meanwhile, Indiana Jones (Cameron- ha) would like to dissuade her from the unrealistic over-reach. In the end, the grail is more attactive than the solid ground and Elsa's grasp of the latter slips as she pursues the former. And there you have it- a prediction for 2012, I suppose.
The divergence from the analogy is that it isn't Elsa (Merkel) who is lowering herself over the abyss for the grail, but the PIIGS who are being lowered- that's why the grail is so overwhelmingly attractive- because Germany doesn't appear to be in the forefront of risk. I think that could be somewhat illusory though, which is the exciting twist in the tail. To be continued....
Tuesday, November 23, 2010
A rare insight:
“Substance,” here, is beside the point, and this enrages a certain spectrum of the intelligentsia. As for Barbara Bush, her husband had not one iota of star power; her son had a little, but his qualities—non-eloquence, an Everyman outlook, a red-state appeal—are Sarah Palin’s, too… a closeness that may embarrass Barbara Bush more than a little, and really sting.
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9:18 PM
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Thursday, September 30, 2010
Sunday, September 19, 2010
The importance of options: no need to BRIC it (part deux)
Liam Halligan comments on currency games in Japan. The Japanese have been trying to reduce the overblown value of their currency to help exporters. The reason it has strengthened is because currency investors wanted to find a currency outside the Euro or Dollar in which to hedge. The upside of the strengthening might be the ability of Japanese firms to make investments abroad. It is an old game which is being played with a new intensity in the modern era.
(click timestamp below to read more)
Sunday, September 05, 2010
No need to BRIC it yet...
A year ago for some wee wee publication I wrote:
"more than a third of the world's population lives in... China, Brazil and India. Together with Russia... they have been called the „BRICs“ (Brazil, Russia, India, China) by many economists. The problem is that the world is not used to an economy which is built on the BRICs. People question whether the BRICs can continue growing without US and EU economic leadership."
(click the timestamp below for more; I haven't got this "read more" feature sorted yet. PS I've been considering matters economic in recent times, so this is something I might be adding to the content here, which sad to say I neglected)
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7:53 PM
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Sunday, August 29, 2010
Woolmer again back in the spotlight:
Following up my latest post, see this remarkable blog from Jamie Pandaram of the Sydney Morning Herald where says:
"There still remains deep suspicion in Pakistan - despite no proof - that former coach Bob Woolmer was murdered by mafia types because he was set to expose match-fixing within his own team. The most sinister characters are linked to illegal bookmaking in the sub-continent, most notably Dawood Ibrahim, one of the world's most wanted terrorists, who has close links to Osama bin Laden. Some have suggested Ibrahim uses profits from his various gambling operations to fund butcher operations by al-Qaeda. Bookmakers are said to organise fixes with players, then place large bets with rival bookies to collect major winnings. One Indian bookmaker who believed he had been stung by a fix refused to pay up, and, fearing for his life, fled to South Africa. He was recently found chopped into seven pieces."
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8:50 PM
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Labels: not cricket, Pakistan
Those crooked Pakistanis: the world around us
I was interested rather than shocked to learn of the fixing scam being carried out by at least a number of Pakistani cricketers, and it reminded me of a few things; not least how unusual a game cricket is. In some ways it might be considered the most popular game in the world, enthralling as it does 1.4 million asians plus a hundred million or so of other ethnicities. It could certainly be bigger than soccer when all is said and done. In addition, it's a sport of the Empire association which we know as the Commonwealth. Yet I suppose it's played internationally by only about 200 or so players, estimating generously. So, across India and in a couple of rich Western countries you have many thousands of bets on a game controlled by 22 players, or rather, by 11 players should they decide to play a certain way. In Pakistan gambling is officially banned. Playing a certain way with a certain objective is so much a part of cricket that it's regarded as a skill to get the result you want- usually considered to be a win or a draw depending on circumstances. It lends itself perfectly to corruption and no more so than when played by the 11 prima donnas elected for elevation by a teeming asian nation. With many players never having had access to such money as the game offers, but that money swamped by its gambling action, the temptations are massive.
Yet Pakistan, rather than India, is the country with the bad reputation. Why is that I wonder? It may be because the Pakistani players are paid much less than their international counterparts. I suspect it might also be to do with the fact that gambling is a non-Islamic tradition, and therefore the players can enrich themselves at the expense of dhimmis in their "ill-conceived" "favourite" activities. Apparently key players and the captain were in on the scam- and as former cricketer myself I can say that it would be difficult for ordinary players not to know about such activities.
Was the whole match fixed, or just parts of it? According to Michael Slater here, cricket holds the most money in betting outside of horseracing. He says that "spread betting" was the approach that the Pakistanis were playing to. What you can bet on in a cricket match I can't exactly say, but I know the potential is endless. However it does seem that the Pakistanis were also at times playing to the biggest gambling topic of all- the result.
In all this there is another thing this reminded me of: the death of Bob Woolmer in suspicious circumstances during Pakistan's world cup campaign of 2007. There was talk then that Woolmer had confronted players over possible corruption. This would be at about the same period as the man arrested over fixing, Mazhar Majeed, claims to have been involved with the team's fixing activities. I wonder why the Pakistanis needed a new partner after Woolmer's death, since Majeed claims that he was approached by the players rather than vice versa, and this is information we know from the confidence he shared with the investigating journalists...
to whom we owe a debt of gratitude and an acknowledgement that surely someone with Pakistani origins or connections, possibly investigating journalist Mazher Mahmood, was needed to provide the insights and the contacts which led to the uncovery of the scam. If so, then Civilization 1 - the Barbarians at the gates 0 is the real result of this contest. But the darker question of the real fate of Bob Woolmer remains.
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6:12 PM
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Labels: not cricket, Pakistan
Thursday, July 29, 2010
Sense of direction
The event of a new Government in the UK reawakened my interest in politics there. It seemed only sensible to hibernate (even emigrate) during NuLabour's nuclear winter of toxic bubbles and exponential increases (in housing, immigration, debt, spending, incompetence etc). NuLabour had decided so many questions ideologically that all you heard about was the presentational detail, particularly as the State's mouthpiece, the BBC, was given lavish auhority to set the news agendas.
Now I guarantee you will bear much more detail about politics, much more about dissent, and more about failure. After all, with a Libservative approach mistakes will be bugs rather than features (ooh ahh, views rather than scenery), with the exception of a few policy areas like energy and the environment, where lights going out may well be seen as a successful implementation of a policy of making everyone's personal energy needs fail to be met. When the policy objective is reducing standards of living it may well be easy to meet that objective, especially for those in prime positions like that of MPs and Ministers, or Prime and Deputy Prime Ministers.
To look on the really positive side of the Libservatives, one has to see that, amidst all their delighted abandon in slicing unwonted chunks out of each other's manifestos, they have determined at least to reform the National Health Service (a Tory election pledge notwithstanding, natch). This is the counter-argument to the one which says that Cameron is a closet commie. There could be no greater boon for Britain, and no greater boost for Conservatism, than reforming the Stalinist NHS. Doing so would be a fulfillment not of recent Conservative policy but of Liberal Democrat Orange Book philosophy- and Clegg himself is one of the major Orange Libservatives.
One more thought- Cameron may have a few deep games afoot in his posturing, on many fronts. Not least this might include the alienation of the so-called Tory Right. It's expedient now to do so in order to lash the Liberals to the mast of the coalition. Wait and see the fiscal Conservatism this enables... and meantime ditch any conceivable baggage that no-one has claimed for a decade or two.
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6:48 AM
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Labels: sense of direction, UK
Thursday, July 15, 2010
The New Government...
Is depressing, I have to say. The modern politician in Britain is so self-admiring that he prefers to have a beauty contest with various grades of beauty than a sense that some politics is human and other politics inhuman; thus in the post communist settlement all are shades of gray, Blair was on the right track until squished by Gordon; everything must be public/private cooperative; the EU is our density destiny etc.
I'm not sure if a Conservative Government under Cameron is worth having, except as a break from the slimeballs of NuLabour and a brake on their overweaning self-regard and confidence. I'm even less certain about a Libservative government which on the one hand preserves such institutions as the BBC and on the other extends the power of the EU to take on Foreign Office responsibilities.
Today's politicians are pleased as punch to be "in power", whatever that means. Well of course it means committees and delegations and protocol, plus influence, flattery and prestige. That's it? These guys are not worthy.
On the one hand they enjoy the trappings of a unique political position enjoyed by a class that benefits from hundreds of years of stable statehood, serene democracy and effectually expressed economic and military power; on the other hand they are the linchpins responsible for negotiating that away to the EU, lending the EU the credibility only we among European nations have, and reducing the nature of the country from effectual and dynamic to decorative and simply heritable.
