Death of Detroit an evolutionary necessity?

The so-called ‘Big three’ (Ford, GM and Chrysler) have gone to Washington, cap in hand begging for a bailout and it looks like Washington has said no.
There have been many irate bloggers questioning why it is fair to bailout finance companies but not the auto industry. Personally I think, hard though it is, the most [...]

Thank You Darling

I am not a particularly big fan of New Labour but it is hard not to come up with some grudging respect for their actions over the last month.
Fiscal control is right in the middle of Gordon Brown’s comfort zone and I imagine him sitting at his desk in No.10 getting positively moist watching the [...]

Bailout passes – Pelosi promises accountability

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Rewarding sleaze – Mandelson returns to British cabinet

Peter Mandelson has been invited back into the fold of British politics by PM Gordon Brown. The move has surprised many observers as it is common knowledge that Brown and Mandelson fell out in 1994.
Mandelson is currently serving as an EU trade commissioner and is not an MP. To take up the post Mandelson has [...]

Financial Bailout take 2

A reader wrote to me (yes I have a reader) and asked what I thought of the second version of the Bill to tackle America’s financial woes (Thanks Juniper44!)
I have spent some time poring over the revised legislation and of particular interest to me is Section 503 whch reads:
“Exemption from excise tax for certain wooden [...]

Sarah Palin and Joe Biden – a prediction

Tomorrow sees the much awaited vice-presidential debate between Sarah Palin and Joe Biden or more accurately between Sarah Palin and herself. Everyone will be watching, waiting for her to make some horrendous gaffe but the truth is she will stay on safe ground. She will make massive generalisation upon massive generalisation. There will be no [...]

McCain seeks to delay debate until he learns to count

By his own admission John McCain knows very little about Economics yet he is using the current financial predicament (caused by republican fiscal policy) to evade a showdown with Barack Obama.
“I need to work on my numbers. I get up to about 8 then forget what comes next” said the aging senator. “I am usually [...]

Rick Davis to resign from McCain campaign

Rick Davis the ‘brains’ behind John McCains election campaign was tonight looking resignation straight in the face after one lie too many.
Davis claimed he gave up his lobbying position with failed bank Freddie Mac in 2005 – a fact often repeated by McCain when asked to explain the large numbers of lobbyists on his payroll. [...]

Palin deliberately gets her e-mail hacked to avoid awkward questions?

There is a lot of buzz about the supposed hacking of Sarah Palins e-mail account. The story goes that some ne’er do well got into one of her Yahoo accounts, nosed around, posted some pics to wikileaks then broadcast the password to a nefarious website called 4chan.
Now Mrs Palin is acting all indignant and the [...]

A pregnant pause for Sarah Palin, Governor of Alaska

Sarah Palin has been named as John McCain’s running mate in his battle for the Presidency of the United States. She is Pro-Life and by some accounts pro-creationism. As a republican she is also a crusader against the scourges of modern society such as unwed mothers and is a huge fan of abstinence.

Her 17 year-old [...]