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Endrunning: Catching Up With Europe's Lagging Indicators (29.03.2010)
In the Prose-Laden Land of Labour, One Word Taxes Are King (Or: "Are Sovereigns Too Weak for the Stairs?")
- The Stamp Tea Bonus Bank Tax gains footing. (Instead of forcing taxpayers- read: everyone- to foot the bill for bank bailouts, we'll force big banks to pay pass the cost down to their customers- read: everyone- to foot the bill). [the wall street journal]
- Apparently, the House of Commons has decreed that the term "special relationship" (Winston Churchill, 1946) that has referred for decades to the close ties between the US and the UK is no longer to be used. (Commons see nothing "special" in "special relationship"). [breitbart]
- Not to be outdone, UK Tories start campaigning on cutting national insurance. (UK to become health care free market, provide US with cheap generic drugs?) [the financial times]
- Unconvinced that notorious pack dozen corgis-walker, frequent Buckingham Grand Staircase ascender and sporadic dressage-rider Her Majesty the Queen of England could ascend the 12 foot, 17 step rise, Canada forbade the Queen an opportunity to make the trek. The Queen is displeased. ("Not only will I climb those stairs, your heads will roll down them after a quick application of Her Majesty's Royal Axe by Her Majesty's Own Royal Hand.") [times online]
Swrance
- Credit Suisse filed official complaint in Germany accusing the German government of commissioning the theft of personal data on thousands of clients. (78 years ago almost to the day, events beginning with the president and vice president of Basler Handelsbank revealed the names of 2,000 French clients of the bank causing outrage in France. Today, no one in France works long enough to hide anything in Swiss banks). [swiss info]
- Unfortunately, the Swiss have to cooperate with French police in tracking down a gang of 10 masked robbers who lifted "several hundred thousand Swiss Franc" from Basel's Grand Casino. The getaway car was chased by Swiss police anxious to issue an expensive speeding citation as it fled towards the nearest Credit Suisse office across the border in France. (Still, CHF 500,000 split 10 ways: "It ain't worth the risks you take for eight fifty thousand, like in risk versus reward, baby.") [the guardian]
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"Apparently, the House of Commons has decreed that the term "special relationship" (Winston Churchill, 1946) that has referred for decades to the close ties between the US and the UK is no longer to be used. (Commons see nothing "special" in "special relationship"). [breitbart]"
Sort of like the various NY/NJ Mafia crime families had a "special relationship" with each other, until they stopped calling it a "special relationship". Didn't change a thing, other than the PR cleanup crew's terminology.
Just a little strife amongst looters...
The financial crime scene just isn't big enough for City of London AND Wall Street... You have to admit, Jamie and Lloyd's egos take up a lot of space...
what is this, Bash Britain Day? There is one thing and only one thing that has irritated people about our relationship; the current US attitude to the Falklands, "or whatever you call it."
http://www.mentalcrumble.com/blog/2010/3/10/smell-the-coffee-mrs-clinton.html
I always liked Saddam Hussiens' assessment of the "special relationship":
"America and their stooges the British..."
Based upon my reading of history, we Americans may have "won" the revolutionary war but we're still totally and mortally influenced by the Brits. In fact, I would hazard to suggest we are actually controlled by the (very old) English hierarchy, which is controlled by some extremely old and deeply rooted German families. Most people don't know the Queen of England and much of the British hierarchy has deep German ancestral ties.
I wonder why the American history books never fully explained why the Hessian's were fighting against the Americans as mercenaries for the British? Why was the British king (over) paying powerful German families for Hessian mercenaries? BTW, most of the Hessian mercenaries were never paid and were in fact abandoned in America after the war.
...and Europe's lagging continue to be our leading indicators.
Alas, astute British observers, as of last January, have been able to write America's future history because they have already lived it:
http://www.spectator.co.uk/essays/all/3233531/i-have-seen-your-future-america-and-it-doesnt-work.thtml
Well worth an entire read-through, especially as we are now 15 months further down the road.
"It’s like the citizens of Hamlyn complaining when, having welshed on their deal with the Pied Piper, he lures all their kids inside the mountain. You just want to give them all a good shake and say: ‘Did you think it was going to come free, this once-in-a-lifetime wonder deal you made with the mysterious dark stranger you met at the crossroads at midnight?’ In your dreams, America. In your dreams!"
+10 classic article.
Ashley Judd to Val Kilmer in "Heat"! Awesome flick.
unrelated:
the article (i ve mentioned on Sat) related to the fidiciary standard financial regulation or failure to implement an importent part of reg, reform.
http://www.fa-mag.com/fa-news/5343-insurers-show-clout-in-advisor-standa...
Regarding the Queen. Unfortunately, Canada's still a bit wary after that luge death during the Olympics.
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