Society

Do Labour MPs have faith in Brown’s response to the crisis?

The Standard’s keen-eyed Paul Waugh has already flagged it up, but it’s still worth highlighting Frank Field’s assessment of the PBR in his latest blog post.  Even coming from Labour’s insurrectionist-in-chief, some of the remarks are surprisingly cutting.  Take this passage, for instance: “Will the package work? I dearly hope so, but I doubt it. It is not just the size of the injection of demand that troubles me. It is also the means by which that increased demand is being delivered to consumers. At the end of yesterday’s emergency Budget I was left with a flat feeling in that the Chancellor’s presentation hardly enthused backbenchers, let alone consumers. Only

Tibet may be important – but so is the world economy

Today China cancelled the long-planned EU-China summit because French President Nicolas Sarkozy was planning to meet the Dalai Lama later in the year. Such short-sightedness serves no one. Though it appears to be shielded from the financial tumult, China will eventually be hurt by the current crisis. China needs 9-10% growth if it is to absorb 24 million new labourers a year. To keep this rate of expansion, China’s economy relies on exports, real property growth and government spending. But US and European consumers can no longer consume at the debt-supported levels they have at the past. When exports market disappear, normal economies rely on domestic consumption. But China has

Another Johnson triumph

Nice to know that frivolity still has a function in politics, if only as admirable sang froid in the face of Armageddon. The Bad Sex awards at the In and Out club last night had a Regency air, from the torches outside to the Rowlandson physiques of the burlesque group Satanic Sluts. Accepting her award for Shire Hell in suitably spunky style, Rachel Johnson whooped up the triumph of a Tory chick over NewLab ninja and Bad Sex also-ran Alastair Campbell. David Cameron’s congratulatory text didn’t quite have the élan of Wellington rising from the Duchess of Richmond’s supper table and asking if anyone had a map, but it was

PMQs live blog | 26 November 2008

Welcome to Coffee House’s live blog of PMQs.  After Monday’s PBR, you can expect the economy to be the main topic of debate – with Cameron and Clegg trying to highlight the weasels and tax bombshells that Brown has in store for us.  Things will kick off at 1200, so join us then. 1203: Here we go. 1204: First question from Sir Peter Tapsell: “Will the PM apologise to the public for wrecking the British economy?” 1205: Important point from Colin Burgon on money lenders targeting young people. 1206: Cameron now. “If the government doesn’t have a secret plan to raise VAT why did the Treasury Minister put his signature to it?”  Brown talks about

Will Labour’s poll gains unravel with the PBR?

What to make of the YouGov poll in today’s Telegraph?  It was conducted in the aftermath of Alistair Darling’s Pre-Budget Report statement – on Monday evening and throughout yesterday – and came out with the following headline figures: Conservatives — 40 percent (down 1) Labour — 36 percent (no change) Lib Dems — 14 percent (no change) The question now is whether this means the PBR has actually gone down well; whether it means that the public haven’t quite yet digested the Government’s measures; or whether the poll’s just an outlier.  The thing with Brown’s Budgets is that they tend to unravel swiftly enough, and this latest certainly looks like

Society news

Despite its increasing resemblance to ‘Heat’ magazine, I was reassured on Tuesday morning that my beloved Guardian has not lost the courage of its convictions. Running an ill disguised-spoiler of next month’s Tatler cover (ha ha, vile toffs, we know who Daisy Lowe is, too!), Hadley Freeman pondered “that almost parodic monthly recorder of Britain’s class system’s” new best friendship with Peaches, Pixie and co. – that’s Bob Geldof’s daughters for those of you who have lives- over more traditional aristocratic totty. The Guardian seems a teeny bit obsessed with the Tatler at the moment; Charlie Brooker was banging on about its list of  “waddling bags of arseflesh” aka eligible

General Motors must be allowed to crash

There is probably no company in the world as iconic as General Motors. As the manufacturer of Cadillacs, Buicks and Chevrolets, as well as Opels in Europe and Vauxhalls in Britain, it would be no exaggeration to describe GM as the corporation that perfected 20th-century industrial capitalism. Henry Ford created the first mass-production car 100 years ago but it was GM, under the leadership of Alfred Sloan in the 1920s, that completed the package. Easy credit, brand segmentation, mass advertising, conspicuous consumption, built-in obsolescence: the tools of the modern multinational were hammered into shape by Sloan, then deployed to crush all opposition as the first truly global manufacturer. GM became

A new job for the IMF: as global policeman

In early November the head of the world’s leading multilateral agency made a remarkable public bid for survival. Speaking in São Paulo, addressing the world’s most powerful finance ministers, Dominique Strauss-Kahn, managing director of the International Monetary Fund, announced that his institution was the right one to lead us out of our financial and economic malaise. Conveniently overlooking some uncomfortable facts — that the IMF must at least share responsibility for getting parts of the world into this soup, and that it failed to predict the coming financial storm — Strauss-Kahn told his audience that the world needed ‘a stronger IMF, particularly as far as early warnings are concerned’. In

Rudd has lurched from indecision to phoney war

Matthew Castray looks back on the Australian Prime Minister’s first year in office and audits an administration which has reviewed much and done very little Federal elections come around quickly in Australia. With a maximum term of three years, the average since 1975 has been about two years and nine months. So new Australian governments have an incentive to implement reforms in their first year — or do they? The one-year anniversary of the Rudd Labor government this week gives pause to consider another incentive — one probably familiar in the United Kingdom: to do very little for fear of jeopardising a second term, but maintain the mirage of reform.

How I became Bulgaria’s etiquette guru

Dylan Jones is astonished to find in Sofia that the former communist country has embraced his guide to the mores of modern life — and that not everybody looks like Borat To Sofia, then, on a ten-seater NetJet Falcon from Farnborough, accompanied by Bryan Ferry and a small coterie of GQ apparatchiks, including the best-dressed man in Shepherd’s Bush, Nick Foulkes. Some of my friends are big in Japan, some of them are big in America and some of the larger ones are big all over the world. Me, I’m big in Bulgaria. Not as big as government corruption or the drug cartels, but big enough to warrant a mention

I will always defend a big spender like J.M. Keynes

I am an optimist. One of the reasons why I have always been a fan of the brilliant British economist John Maynard Keynes is that he too was an unashamed optimist who believed in the power of money for making things better. Unemployment, recession, deflation — if we were to believe all we see and read from the courts of the media kings, we might all be depressed into thinking there is no way out. Born in Cambridge in the year that Karl Marx died, Keynes was a much more intriguing figure than his grey cadre of contemporaries. He brought flair and style to a dull establishment. A friend of

The done thing

The Politics of Official Apologies, by Melissa Nobles George W. Bush, judging by his repeated invocations, thinks that time will eventually prove that he was right. He is not alone in putting his faith in the future. We all call a lot on history these days as the impartial tribunal which will eventually dole out the gold stars and the black marks. We also seem to think that we set past wrongs right by making apologies to groups and individuals. A descendant of that Elizabethan freebooter, Jack Hawkins, has apologised for slavery; post-war Germany apologised and made recompense for the Nazi crimes against the Jews; and the Australian and Canadian

Alex Massie

Department of Hackery

One of the things that distinguishes a good columnist from the ordinary, run-of-the-mill shill is the ability to treat their own party’s failings as severely as they would condemn the blunders committed by the other lot. Similarly, there’s something to be said for the rigour that consistency demands. Polly Toynbee may be correct (though I’d wager she isn’t) that Gordon Brown and Alistair Darling played a blinder on Monday, but does anyone imagine that if it was a Conservative government presiding over this recession she would write anything as, I don’t know, cheerful and complacent, as this? Even if unemployment reaches 3 million, that still leaves 90% in secure jobs.

Alex Massie

Never mind me mate, what about the other mob?

Commenting on this post Ian Leslie – aka Marbury – argues that we’re on the brink of a new era and that just as Callaghan was right to appreciate that one era had ended in 1976, so Darling and El Gordo may be correct to suppose that another has been shipwrecked now. Maybe. Look, I’m not sure this will work, and if it does work it might be partly by accident and yes I know that Brown hasn’t really earned his authority over the last ten years. This is a gamble. But taking a gamble at this stage is better than doing nothing and hoping things will return to normal,

Alex Massie

Quote for the Day

Chris Dillow – always worth your time – casts a weary eye over a number of government policies and concludes: What this shows, I think, is that New Labour’s claim to believe in technocratic, evidence-based policy is a sham. They are not technocrats at all, but either priggish moralists or cowardly panderers to mob prejudice. Quite so. And as he says, we may need a revolution. Lord knows, however, where that might come from.

Alex Massie

Sexy Horse Noises!

Another lovely obituary from the Daily Telegraph (of course) that is, as always, written with panache: Nick Mills, who has died aged 54, was a country vet with a practice which took him across the world as an anaesthetist for wild animals, an insurance adviser to the racing industry and a “sex therapist” to thoroughbreds at stud. Among the famous racehorses he examined before they were purchased or put out to stud were Epsom Derby winners such as Galileo and Benny the Dip. When the 2002 Kentucky Derby winner War Emblem showed a lack of interest in the opposite sex, Mills made several journeys to Japan (where the horse was