Carney’s Sense On An Independent Scotland And The Pound
Mark Carney has pronounced on how an independent Scotland would use the pound. It’s reported here and this is the first few paragraphs.
The Bank of England governor has said an independent Scotland would need to give up some power to make a currency union with the rest of the UK work.
Mark Carney said such a move, proposed by the Scottish government, “requires some ceding of national sovereignty”.
He also said the risks of not having a strong agreement had been demonstrated by problems in the Eurozone.
I think it is more complicated than he says, as would a government of what is left of the UK, want to let Scotland share a currency? There are plenty of politicians, who would want to settle old scores
And would Scotland be allowed to use the pound by the European Union?
I don’t care one way or the other, so long as I don’t have to foot the bill for extra taxes to pay for the mess politicians leave us in! Which of course, they always do!
Would a Labour Government Target Smokers?
There are a couple of reports in cyberspace, that Andy Burnham, the shadow health secretary wants to bring in more anti-smoking legislation.
I suspect, that many non-smokers and virulent anti-smokers like myself would welcome this, but would the idiots, who still smoke?
According to the Sunday Times, Labour peers are going to try to introduce a ban on smoking in cars containing children this week. I suppose if it passed, judging by the stupidity of the average smoker the coaltion and not Labour, would get the blame.
I actually, think we should go further and ban smoking in any moving vehicle. Partly, this is based on my experience as a child of my father filling and lighting his pipe on the move. On one ocassion he set his trousers on fire!
Are Things Getting Better?
There has been a lot of discussion about whether things are getting better, with the government that things are on the up and Milliband saying they’re not. This article gives both views, with David Cameron being quoted in this way.
Most British workers have seen their take-home pay rise in real terms in the past year, the government claims.
It has produced figures showing all except the richest 10% saw their take-home wages rise by at least 2.5% once tax cuts were taken into account.
The article says this about Ed Milliband.
Labour leader Ed Miliband said the figures were “dodgy” and ministers were out of touch with people’s lives.
I’m not going to take sides, but as I travel around the country, I see many things.
If I look at my situation, I think it has got marginally better compared to what it was twelve months ago.
I’m getting a slightly higher rate on my savings in Zopa, my energy is slightly cheaper since I moved my energy supplier to Ovo and running my household seems to be cheaper, as I’ve organised myself better. The latter is not down to the economy, but partly due to individuals and companies, launching new products and services.
One thing that hasn’t hit me, is the cost of motoring! Because I don’t!
I’ve just had February’s edition of Modern Railways and as in the last few months, there are quite a few articles about new stations and lines. There’s also been a few examples of new and refurbished trains being built or modified in the UK. But go to places like Birmingham, Leeds and Manchester and the transport infrastructure is much better than it was three or four years ago. Other places like Blackburn have got new stations. And there are quite a few new British-built buses too.
If the experience of the introduction into North London of the Overground, is anything to go by, where people have told me it has allowed them to get to new or better jobs, this new transport infrastructure can only be a good thing.
But if I go to places outside of London, it all seems much better. Surprisingly, there are quite a few bright, new shopping centres.
But then some politicians don’t want to be positive!
Farewell To Christopher Chataway
Sir Christopher Chataway was one of my heroes and he has been mentioned regularly in this blog.
But now he has died and I suspect the world will be a duller place.
I can still see the pictures of him in white defeating Vladimir Kuts at the White City. This is the BBC’s description of the feat.
His career in international athletics lasted only five years with the pinnacle being in 1954 when he set a new 5,000m world record of 13 minutes 51.6 seconds in a televised race at White City.
Chataway beat Russia’s Vladimir Kuts by 0.1 secs – the man who he had finished second behind in the 5,000m European Championships final two weeks earlier.
He might not have been a great athlete, but he was one of those rarer beings; a great all round talent.
How To Muck Up A Country
When I was a child in the 1950s and 1960s, Argentina was reckoned to be one of those countries that would be an economic powerhouse in the future. I can remember positive stories about how it was developing a strong motor, aviation and other industries. It was also thought that dictators like the Perons were firmly in the past.
But now we only get stories like this one from the BBC, which talks about restricting on-line shopping and foreign currency transactions to limit the damage on reserves. Here’s the first bit.
Argentina has introduced new restrictions on online shopping as part of efforts to stop foreign currency reserves from falling any further.
Anyone buying items through international websites will now need to sign a declaration and produce it at a customs office, where the packages have to be collected.
The procedure will need to be repeated for every new purchase.
It just shows how politicians can so easuly drag a country into the mire.
The Unseemly Row About Lord Rennard
Whether or not Lord Rennard did anything wrong, has not been decided in a Court of Law, but it does seem to me, that the two sides in the argument are immoveable and won’t reach a solution acceptable to everyone.
It seems to me, that anybody at the centre of a row like this, should do the honourable thing and probably give up this job and do something else!
Isn’t that what John Profumo did all those years ago and he died a respected man?
Certainly, the Lib Dems are proving that many in the party, still haven’t learnt how to run a whelk stall!
The Last Word On Hollande
I picked this paragraph up from The Times.
Christine Boutin, a Roman Catholic who served as a minister under President Sarkozy, accused Mr Hollande of “treating his concubine like a Kleenex”.
It would appear that he’s running out of powerful women to take to bed. One wag also said last week, that he looked like a middle-aged provincial dentist.
i know the French expect different things from their politicians, but there can’t be many countries where Hollande’s behaviour would be tolerated without redicule.
Why We Need Plain Fag Packets!
My old and sadly departed mate, Brian, who was an innovative and reliable accountant, always used to joke he did his best work on the back of one of his fag packets.
He would have laughed at a reader comment in The Times describing the mess politicians have got into on the economy.
The arrival of plain fag packets can’t come too soon for this lot.
We need some sound sense, otherwise the next election will be a disaster for everyone.
The trouble is that if a few economic home truths were printed on fag packets instead of health warnings, they would be ignored, just the same.
Robert Peston On Milliband’s Plan For The Banks
Now that Milliband has actually spoken it is interesting to see what heavyweight commentators are saying. The speech is reported here on the BBC and it also contains these comments from Robert Peston on what would happen if banks were limited as to market share.
Bankers have said to me this would lead to what they call a perverse outcome, that as they approached the maximum size they would dump customers they deemed low quality or loss-making.
It is unclear whether these customers would be able to bank elsewhere.
I wonder how many banks would want me as a customer, given that all I want is a money transfer company. And I don’t buy any other services from my bank, like insurance.
And I don’t see why I should pay for my banking!
Just Keep Driving, No-One Will Bother!
This story is terrible, as it details how many drivers have more than twelve penalty points and are still driving.
Almost 7,300 motorists with 12 points or more on their licences have not been banned from driving, the Institute of Advanced Motorists (IAM) has claimed.
Driver and Vehicle Licensing Agency (DVLA) latest figures show a man from Liverpool is driving with 45 penalty points on his licence, the IAM said.
I suspect that none of these drivers have committed a serious motoring offence like dangerous, drink or careless driving, as then they would probably have been banned. But who knows, as surely some of these drivers didn’t get banned because of various underhand means. Nudge! Nudge Wink! Wink!
But even if these drivers are just persistent speeders, do they moderate their speed in towns and cities, where there are some not very alert pedestrians and cyclists, who might misjudge a speeding vehicle? And do their insurance companies know of their points, which if they don’t would surely invalidate their insurance.
I suspect now, that with a persuasive medical report from the right consultant, I could get my licence back. But I have made the decision after my stroke not to drive again, as if I was involved in a serious road accident, I’d be the one to blame.
Except for cases like my abortive trip to Doncaster, it is no inconvenience to not have a car.
One thing that does worry me though, is that I’ve been in a couple of cars lately, where I think that my eyesight was better than the driver.
There are masses of drivers out there who should be banned from driving for various reasons.
But politicians don’t want the law properly enforced as it would be a vote loser.