Rename Bank Holidays - #bankersarentus

I am pleased to see that not all those inhabiting the PalArse have their heads up their bottoms.

My compliments to Lord McColl of Dulwich who has come up with a most excellent suggestion, that shows that he (a Peer no less) has his finger on the pulse of public opinion (more than those do in the lower house).

His suggestion?

To rename bank holidays.

For why?

"In view of the poor behaviour of the banks, could we consider changing the name bank holiday back to its original name - Lubbock days?" 

I for one would give him my vote, if it weren't for the fact he is in the House of Lords!

So let's turn this suggestion into reality, please retweet this using hashtag #bankersarentus

Cameron Loses It

What on earth is he going on about?

"David Cameron has defended plans to close Britain’s borders to Greeks fleeing their country’s economic problems, saying he would do anything necessary to protect the United Kingdom."

The only Greeks who are coming here in large numbers are the very wealthy ones looking to buy property in London.

Bob Diamond Invited To Barbecue

I see that the Treasury have invited Bob Diamond to a barbecue that they are holding this afternoon:

"Bob Diamond is due to be grilled by MPs a day after resigning as Barclays chief executive in the wake of the inter-bank interest rate-fixing scandal."

Sounds like fun!

How To Avoid Tax - Courtesy of The Conservative Foundation

The other week David Cameron proclaimed to the world that Jimmy Carr's tax arrangement "isn't morally right".

Cue the Conservative Foundation, with their advice on how to reduce inheritance tax.

Here's what I said about this the other week on my HMRC site:

"Cameron has got himself well and truly stuck on top of the Savage Mountain (aka K2), not only will his "promises" to deal with these schemes come to nowt, but he has effectively declared open season on every Tory MP, every Tory candidate and every Tory donor. The media and other interested parties will pore over their finances with a fine tooth-comb, and one by one every single tax avoidance scheme (that the PM finds "immoral") will be made public (I guarantee there are hundreds of Tory MPs and Tory donors etc using these such schemes).

Cameron has lost touch with reality, in a desperate attempt to grab a soundbite and pander to the anti avoidance lobby."

Avoidance is a perfectly normal human thing to try to do, the politicians are not in a position to lecture the rest of us on morality.

A politician lecturing us on morality is as natural as a cat walking on its hind legs. 

Four Day Week For MPs

I see that our "respected" elected representatives want a four day week.

Oh yes, I can see that going down very well with the voters!

Cameron Frets Over Legacy

It seems that David Cameron's days in office are numbered. That at least is the conclusion one must draw if the report in the Telegraph about Cameron fretting over his legacy is anything to go by:

"Cameron has started to wonder where his Government is going, and has been asking aides what his legacy will be."

As I noted the other day, the government is in office but it is most certainly not in power. The Telegraph agrees:

"Mr Cameron and Mr Osborne do not regard themselves as being in power, but instead believe they are trapped – by the opinion polls, by the Liberal Democrats, by the Civil Service, by the bond markets, or by all four."

Where to now for Cameron and Osborne?

Wherever the opinion polls lead and the LIEBOR scandal leads!

The LIEBOR Scandal

Courtesy of The Slog:

"During 2008/9 I worked at a major investment bank which was advising the office of the PM [Gordon Brown] with regard to the developing banking crisis. I was told that No.10 had been calling the UK banks and demanding that they manipulate LIBOR down, as his economics department had determined that if it rose too much it would trigger a recession and he was looking at re-election."

This will run and run!