Which side are you on, boys?

While I find the attitude of the French and Germans incredibly depressing from a global economy point of view, I have to admit I’m rather cheered by the sense that a battle is brewing between Brtain and America (with the varying support of India, China and Brazil) and France and Germany. I mean, whose side would you rather be on?

What’s even more entertaining is seeing British Conservative Eurosceptics finding exciting new ways to contort themselves into admiration for the stance of the EUs most statist and regulatory governments. This euro-flirtation will be brief and end messily, I suspect.

PS:  What’s with the Telegraph today? We got an excellent Blanchflower piece, and a very entertaining colour piece by Christopher Meyer, which made you think, wow the Telegraph commentary team have really got some good stuff at the moment.

But then you see Janet Daley’s latest piece of  recycled bile, entitled “Is Gordon Brown Insane?”

Apparently this is not mere “vulgar abuse”. That’s good, as it means I can suggest that Janet Daley is a dead eyed madwoman whose vociferous prejudices are the result of repeated assaults by a crazed wasp trapped in the slowly decaying hive of her ludicrous coiffure, a state of affairs which has led the poor paranoic soul to rave madly against the dark force she imagines are tormenting her.

It’s not vulgar abuse if you care, see?

Anyway, as you might expect Ms Daley’s article generates the same feelings of  warmth and goodwill to all as having  a bucket of cold sick emptied over your head. Judge not, lest ye be judged, eh, Janet?

6 Responses to “Which side are you on, boys?”

  1. newmania

    I recall the dainty gallantry with which Margaret Thatcher was treated I expect you were to be found laughing at the hilarious spitting images satire of her “as a man”.The poison dripped from the establishment and most of all , the BBC was unrelenting and what made it really funny was that we were obliged to pay for it .
    Oh my eyes it makes me giggle to think back on all the fun. Happy days

    Reply
  2. roger alexander

    France,Germany,EU President,Governor of the Bank of England,International Monetary Fund
    versus
    Gordon depression Brown

    Which side are you on,boys?

    That’s a no brainer.

    Reply
  3. hopisen

    Actually, given that collection of forces, I like my odds, even without America, China, India, Mexico and Japan watching my back.

    Funnily enough, if you threw in the UN sec Gen, your list would be be fascimile of the Tory party’s “atlanticist/surrender monkey” hate list. C’mon guys, where’s the Anglo saxon spirit now?

    (The Bank is a gimme, as they were never friends when the Tories were actually in power, it’s why they never let em set interest rates)

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  4. newmania

    The Bank of England`s Independence was part of Maastricht and the entire plan was ready to go having evolved over years . The Conservative Party could not run with it because it was bound up with the European problem (ie relinquishing power over your own country) although the principle was liked well enough .
    Brown was obliged to pick it up because the Labour Party was suspected of engineering demand bubbles ( as always ) for electoral purposes and also because it was not trusted on Inflation .

    Brown added virtually nothing to the equation so you cannot write off the Governors obvious suspicion that Brown is up to old Labour tricks

    (I find your infatuation with Obama equally odd. I could put up with all his bullshit if we had their tax system.)

    Reply
  5. VinoS

    Indeed. It is amusing to see the Tories support the Franco-German policy which [although i disagree with on the fiscal stimulus issue] I think is right on the ball over the need to regulate international capital and to crack down on tax havens. This is a stance the EU has had for a while and Gordon Brown as chancellor was foolish in the good times to oppose it. The Tories, of course, would have opposed it even more – which is why the free-market Right don’t have a coherent response to the current crisis.

    They don’t understand that it was their system of deregulated capitalism that caused the crisis – with the creation of CDOs etc on one hand and the negligence of private ratings agencies on the other. And they don’t understand that the way out of it is more public spending to compensate for a fall in aggregate demand. Trying to retrench the budget at the same time as private households and firms are cutting back on their spending will just make the recession worse and create a vicious cycle.

    Reply
  6. Robert Hanks

    Is it worth pointing out that the “spitting images” of Margaret Thatcher as a man to which newmania refers were broadcast on ITV, not the BBC?

    Reply

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