Sunday, 27 November 2022
Our Tragic Universe
Thursday, 24 November 2022
#LTN: watching and waiting
Twitter has become the news in its own right, a little like some journalists who stumble into the story. I'll bide my time to see how it plays out. After all, many well-known names have been around on the system for a long time. I guess I'm also a #ltn (low twitter number)
Anyone can find out this stuff.Despite all the naysayers, I suspect Musk will weed most of the pile-on-noise-merchants out of the system.
But then, I'm holding economically priced Tesla shares as well, since they temporarily became discounted.
Wednesday, 23 November 2022
tout va bien - A Book of Days - Patti Smith
Tuesday, 22 November 2022
disgrace
Friday, 18 November 2022
let the alpha birds sing?
Thursday, 17 November 2022
Deeply unfashionable
Blaming Boris might be unfashionable. So might blaming Brexit, which I'm told has been expunged from the Conservative lexicon. Only the con part remains.
Thus I know I'm deeply unfashionable, because I can still consider these six-year aberrations as a starting point for the mess we are in. The 'long, unpleasant journey' as some Middle Englanders may call it.
Monday, 7 November 2022
twitter as a metaphor for life on mars?
I was a low serial number twitterer. I watched it grow and the signal to noise ratio worsen. Then the sheer dumping of extra spam into my twitter feed as the SEO businesses muscled in. No, I don't want your protein pills and my shirts are fine, whatever label they bear. Now we can watch as the whole noisy and increasingly self-referencing platform gets dis-assembled. We can wonder if it will ever have its original promise again. Mars colonisation ?
Thursday, 3 November 2022
round trip with sound
Wednesday, 26 October 2022
gyre and gimbal
It seems that there is a limited talent pool, because I gather that the contenders included the has-been slug from the Premiership-minus-one and the runner-up from the recent selection, voted upon by the finest brains of the membership.
This time, a panic to prevent a further vote, after the frabjous and blatant lies from the slug who pretended to have enough Parliamentarian votes. Vorpal sword time. Snicker snack. Ironically, if his bluff had worked and he had got through to the next round, we'd have probably had him back in power.
Rishi Sunak has his work cut out. I still blame Johnson the most. He was partying hard at the pole wheel, in between his copious vacations, including during term-time. There are no words.
Truss was the unconsciously incompetent replacement and now we have Sunak as the consciously competent one, although perhaps about to be dragged into the mire by some of his so-called associates.
Hasta la próxima.
Thursday, 6 October 2022
Movin' on down
Johnson didn't set the controls on the plane so that it would crash into a cliff face. He was much too busy squandering political capital to think about steering.
Truss picks up the plane when its front view is all of that rapidly approaching cliff face. A new leader so new political capital? Not this time. Walking on stage to Heather Small singing the M People anthem - "Moving on up" - shame no one vetted the lyrics.
"You’ve done me wrong, your time is up
You took a sip from the devil’s cup
You broke my heart, there’s no way back
Move right out of here, baby, go on pack your bags"Insta-squander. She lives in a bubble of unselfawareness. Her attempt to unite her party has become, instead, one to ignite her party. Crash, Crash, Crash.
She talks about growth yet is now 38 points behind Labour in national polls. A highlight of her speech was the interruption by Greenpeace, which gave her a chance to adlib over the perfectly valid point raised by Greenpeace that nobody voted for her ideas.
t was telling that she chose to aim at an “anti-growth coalition” whose members include a nameless elite who “taxi from North London town houses to the BBC studio". She looked pleased with herself to pull this off although it's all London-speak, no doubt been prepped by a speech writer. It also sailed clumsily close to the 'elite from North London' - a phrase usually eschewed nowadays.
The subverters are lining up: 'worst (conference) since the 1970s', 'It feels like we've already lost', (accusations of) 'organising a coup', 'get a grip', no mandate to reverse the 2019 manifesto (Gove), 'if we don't want to deliver on the deal, we need a fresh mandate' (Dorries). And I have;t even got around to Mordant, Shapps or the dislikable Rees-Mogg.
Still, she can recover discipline wth hard line tactics, credit piracy and blame avoidance. 50 MPs of the 357 Conservative MPs backed her in the first round. She can tell the rest they must back her or they are sacked, or at least tarnished with reputation damaging innuendo. Some would call it cutting her way to glory. Some one should tell her it doesn't work.
Let us consider:
- a cost of living crisis
- stretched public services
- interest rate rises
- a big jump in mortgage payments
- escalating cost of fuel
- the market's fiscal uncertainty
- decline of the GBP
- losses on the stock market
Wednesday, 5 October 2022
a different kind of arm waving
I can't see this Growth, Growth, Growth thing that Truss is talking about.
She copied the Blair 'Education, Education, Education' triplet of 1996, but having just seen that TV show about 'Would you like to be a Prime Minister', it all came across as, well, a bit like something from The Apprentice.
I checked a number. The FTSE. Share prices aggregation, from when Truss took over to now. Its about a 3.39% drop, drop, drop. We're scraping along just over 7,000. No wonder there's a new tranche of US Funds being launched. Then I tried the GBP to USD. Without the forceful intervention of the Bank of England the GBP would be tanking now. Tank, Tank, Tank. The problem that it creates is that interest rates have moved up and thus the price or mortgages, which has caused almost 1,000 products to be pulled. Fall, Fall, Fall. The one thing that is growing is the cost of mortgages. Fail, Fail, Fail.