With a hat tip to Graham: SOURCES CLOSE to Alex Salmond last night accused Lord Mandelson of trying to “stack the deck” against those challenging the merger of HBOS with Lloyds TSB after they were threatened with huge legal bills unless they dropped their case. Lawyers acting for Mandelson, the […]
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FT.com / UK / Business – Mandelson to urge industrial policy
More echoes of a desire for central planning of the economy, whether or not it is implemented through ownership: Britain needs urgent reform to the government’s “insufficiently joined up” industrial policy to cope with the economic challenges after the recession, Lord Mandelson was due to warn in a speech on […]
Read MoreFord and GM bosses offer to sell corporate jets and work for $1 a year
While Mr Mulally boasted that Ford was in better shape than General Motors and Chrysler, he said that he still needed a $9 billion ten-year federal loan to act as a cash cushion in case market conditions deteriorated. Aiiieee! read more | digg story
Read MoreGordon Brown confesses
Thanks to Guido Fawkes, Gordon Brown smirking about his mole:
Read More“Eurocorps – A Force for Europe and NATO”
Some of my military friends recently insisted that there would never be a European Armed Force. I would like to bring Eurocorps — effectively founded in 1963 — to their attention. From a speech by Lieutenant-General Pedro Pitarch, Commander Eurocorps: Now a future truly European military structure will require Eurocorps-alike […]
Read MoreGeorge Osborne: The bill for a decade of irresponsibility
From conservatives.com: George Osborne said the Pre-Budget Report represents “the greatest failure of public policy for a generation” after Alistair Darling announced plans to double the national debt to more than £1 trillion. George, the Shadow Chancellor, described the report as a “Tax Bombshell Budget” and stressed that a debt […]
Read MoreRich countries launch great land grab to safeguard food
One to watch: Rich governments and corporations are triggering alarm for the poor as they buy up the rights to millions of hectares of agricultural land in developing countries in an effort to secure their own long-term food supplies. read more | digg story
Read MoreTelegraph – “ECB goes nuclear as EU leaders plan to ‘civilise’ capitalism”
“The ECB is doing whatever it takes to unclog the interbank market,” said Gilles Moec, from Bank of America, who described the move as “spectacular” volte-face and a belated recognition that the credit crisis is deadly serious. The monetary blitz was welcomed in Brussels, where EU leaders were meeting yet […]
Read MoreHannan: We are treating Iceland disgracefully
Are we supposed to be impressed? Gordon Brown gets nasty with Iceland, a nation with half the population of Wiltshire. He seizes the assets of an Icelandic bank, effectively closing it down. He uses anti-terrorist legislation against a friendly country. Icelanders can’t understand it. They had tried to co-operate, to […]
Read More“Peter Mandelson ‘dripped pure poison’ about Gordon Brown”
According to the Telegraph: Peter Mandelson, the new Business Secretary, had a private meal with George Osborne, the shadow chancellor, just weeks ago during which he is alleged to have savagely criticised the Prime Minister. Would Mandelson dare to take the position of Prime Minister from within the Lords? I […]
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