Peter Hoskin

Silver linings and bankers whining

Recent events have been as nectar for the political blogosphere (no more so than for Guido – who’s claiming credit for Hain’s downfall), and Michael White has tackled them all with typical aplomb in an excellent post over at the Guardian website.

Whilst I’m not sure about White’s characterisation of the fundraising scandal as a “moving traffic offence”, he makes a pertinent every-cloud-has-a-silver-lining observation about Hain’s resignation:

“Hain’s fall meant that Alistair Darling’s retreat on CGT reforms and the compromise on MPs’ pay – 1.9% plus the details – were buried on today’s inside pages and after the human interest stories (so many of them nowadays) on dumbed-down TV.”

And I’m particularly taken with White’s analysis of the World Economic Forum at Davos:

“…the financial big dicks gathered at Davos at this time of year in a comic ritual of mutual regard. 

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