Category Archives: economy

Welby Wonga & the Short Loan Factory

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All is not well in Lambeth. The Archbishop of Canterbury, Marcus Welby M.D., having launched an attack on loan sharks money lenders WONGA, yesterday was told by his own advisers that the Church of England had itself invested shed loads of dosh into the extortion Pay Day Loaners.

Worse news was to follow as sources at The Sharp Single stole discovered images from Welby’s personal photo collection, which illustrate just how involved the C.of E. really is with the much-maligned racketeers.

The ABC, or “The Bish”, as he’s known down his local dog track, is expected to make a statement later today, shortly after the 4.15 at Newmarket.

wongabishop

Walking in Welby Wonga Land: Let he who casts the first stone pay back 5853% in interest.

wongabish

Pew’s the Bastard in the Black ? The Ultimate embarrassment for The Archbishop as he’s pictured wearing a Newcastle United strip.

Now let us stand as we sing Hymn no.109:
“I Vow to Pay Thy Loan Back
(I’d like to Keep my Knees)”

 

Diamond Dogs it Out

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The scene: An office in Canary Wharf, London.

Bob Diamond: “I’m resigning”
Marcus Agius : “You can’t resign, I’m resigning. In fact I’ve already resigned”
BD: “When?”
MA: “Earlier on. Before you did, anyway !”
BD: “You never told me!”
MA: “Well do I have to tell you everything?”
BD: “Yes, frankly”
MA: “You were out hunting with old baldy Hester. Couldn’t get hold of you”
BD: “Anyway, it’s me who has to go. They’ve got me by the balls”
MA: “I thought you were gonna dog it out ? You said to me ‘fuck them, they don’t understand what we do anyway. I’ll tell the MPs on Wednesday to go fuck themselves’. That’s what you said to me”
BD: “Well I’ve been thinking. I haven’t got the balls to front this one out.”
MA: “You’re an American, for Christ’s sake ! You can’t go around admitting to anything now. You’re letting down generations. That’s not the American way.”

A Secretary buzzes through: “Stephen Hester on the line, Mr Diamond. He wants to know if you’re free for a jog around Canary Wharf at lunchtime”
BD. “Oh I need that fat fucker right now, don’t I ? Tell him to bugger off. Tell him I’m away. Tell him anything. Tell him I’m dead”

Bob and Marcus resume their chat:

BD: “Listen. I’ve got my $100 million Dollars out of this lot. I would think I’ll get a nice payoff and Gideon will sort me out, so I’m catching the first stage outta Dodge. Then I’m gonna play a hell of a lotta golf. I’m good mates with Tiger.”
MA: “I Bet you are. Oh Bollocks! What the hell am I supposed to do now ? If I’d have known you were gonna resign I’d have never jumped. I’ve up shit creek with a  poxy couple of million. Plus my payoff, of course. And my shares. Not forgetting the Christmas bonus.”
BD: “Jeeze, sorry, Bud…..Hey wait: I gottit !”
MA: “Oh Christ, what now?”
BD: “No, hear me out. I get a cab up to Regen…er…Bond Street, buy a big leather trunk in which to put all my cash, but on the way back I stop off at Downing Street (I’ll get the cabbie to park round the back) and suggest to Gideon and Davey that you come back but (and here’s the smart part) we’ll say it’s only so that you can choose my successor. You know: we’ll use the ‘we don’t want to leave the ship rudderless‘ bullshit that everyone uses. The public will lap it up”
MA: “They’ll never buy it”
BD: “Why not ?”
MA: “Well for starters, I’ve already said that I was “Truly sorry” for everything and…”
BD: “And What ???”
MA: “er…..well, I think I may have said we were guilty of an ‘unacceptable standard of behaviour’ and that the ‘buck stops with me’”
BD: “Oh for Fuck’s sake, Marcus ! Why the hell did you go and do a thing like that ?”
MA: “I thought it might be for the best. Sorry, Bob”
BD “Robert”
MA: “Robert, sorry. So they’re not gonna take me back now. How would it look ?”
BD: “When did you say you did all this ?”
MA: “Yesterday morning. It was all over BBC Salford and everything”
BD “Hmmm…” (thinks)
“Oh Fuck it, let’s give it a shot. No one will remember that far back. What’s Nick Robinson‘s number ? He’s pretty tame…..”

A British All-Conners Record

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The Daily Telegraph writes:

Olympic beer to cost £7.23 a pint


Bars at the official Games venues will charge £4.80 for a small serving of London 2012 red wine. For visitors with an appetite for traditional British fare, a portion of cod and chips will set them back at least £8.

The London 2012 organisers, who published sample menus yesterday, claimed the prices were “more than comparable” to catering costs at other sporting events. An estimated 14 million meals will be served to spectators across 40 locations during the Games.

Paul Deighton, chief executive of London 2012, said the organisers had “gone to great lengths” to find “high quality, tasty food that celebrates the best of Britain”.

A 330ml bottle of Heineken lager at the Games will cost £4.20, making the equivalent price of a pint £7.23. This is more than double the national average price of £3.17 for a pint of beer.

Spectators will pay £2.10 for a toasted teacake, £2.30 for a 500ml bottle of Coca-Cola and £2 for a cup of tea. A family of four should be able to buy food and drinks for under £40, according to London 2012. “

They say this last bit without a hint of irony. That’ll be 40 quid on top of the four £450 tickets to watch 20 minutes of the 1m synchronized ping pong. But who the fuck cares any more? We let these robbers get away with it, as we string up our flags and bunting, wave our Union Jacks and remark “ooh hasn’t that nice Mr Coe got old since he took over the games ?”. Of course he looks old. So would you if you had to lug great wads of cash home every night, under the cover of darkness.

Let’s not worry about it. Let’s light up the barbies, sing God Save the Queen for the Jubilee and give thanks that in these harsh times of mass unemployment, crime and poverty, when more and more are driven to stealing to feed themselves and their families, when the southern half of continental Europe is about to go under, we still have a time and the tact to celebrate and wave at a woman who drives around in a solid gold coach.

Let’s shout “C’mon Ingerlund” as the Ukrainian and Polish Nazi Parties beat the shite out of football fans from ethnic backgrounds (well, anyone who isn’t Ukrainian or Polish really), and all this because Michel Platini and his Uefa mafia turn a blind eye to racism and violence within football culture, just as long as he gets his big bucks (or small Euros at the time of going to press). I do not have the data on the price of Heineken beer in Kiev.

Then when a football match breaks out on the pitch and our team loses we can slaughter Roy Hodgson for picking completely wrong 11 idiots, as there were 11 other idiots waiting at home in bed with their friend’s wives, trying to take their minds off of not being selected.

Lets sit back and enjoy the liars of the world: Blair, Cameron, Murdoch (+1), Hunt, Wade, Coulson and the rest of them squirm their way around the questions which would and should bring down the lot of them. But they won’t. You know they won’t. Come the end of Leveson, and save for a couple of minor-ish victims and sacrifices like Brooks and Coulson, the Murdoch Empire, the Fleet St rags and the British Government will still be in place and will still operate in exactly the same way.

Some people moan about it and sites like the one you are reading make a fuss about all this shit now and then, but it doesn’t really do anything or matter in any way shape or form, does it? If it mattered, more than 32% of the country would get out and vote these crooks, thieves and tramps out of office. If it mattered there would be a day of action against arseholes like Andrew Lansley, Michael Gove and Nick Clegg EVERY WEEK, not just once every winter equinox.

So enjoy the next few months. Don’t trip over the maypole or the bunting this weekend; when the football arrives, cheer and clap and the local police, the UEFA officials and the TV cameras ignore the Zeig Heil chants and the Nazi Salutes; smirk and laugh as one-by-one cabinet minister after cabinet minister lies his way out of court; stand and salute and sympathize with the judge trying to get to the bottom of this really sordid scandal, only to be left with the head of the odd PM spin doctor, or Eton old boy to show for it;

Wash that MacDonald’s Olympic burger down with your pint of Heineken. That’ll be well worth fifteen quid of anyone’s money. But not mine. I shall be spending the odd £2.60 on a pint in The Shovel then nip across the road to the chip shop, or maybe the kebab house where I can pick up a large meal for the price of a 330ml bottle of imported Olympic lager. Then I’ll nip home to see if there’s any cricket on to watch. There’s no telly in The Shovel, so it’ll be cans of Guinness on the sofa, in front of the box for me. So keep your over-priced games, your over-hyped jubilee, and your über-alles Championship.
I’ll keep my kebab and a pint. You have your Red-White-and-Blue season. I’ll be happy with my Doner Summer.

 

What Goes Around Comes Around. But Only Time Will Tell.

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It’s been a roller coaster ride, an accident waiting to happen, in some cases it’s been every mother’s nightmare and lots of other clichés which journalists resort to when they can think of nothing original to write.

It seems as if the worm has turned (there’s another one) and this morning feels like the dawning of a new era (ahem). You know something of biblical proportions (ding!) has happened when The Sunday Times calls for a United States of Europe and a single currency as the only way of getting out of the mess we’re  in, thanks to Greekenomics (ping!). Honestly, yes they are. Don’t believe me ? I would say look it up online, but, of course, News International websites require a subscription. Of course they do. Do you really think you could get quality journalism like that for free? No, pop up to your local Tesco express (there’ll be one at the top of the road, I assure you) and pick yourself up a copy (for our younger readers, it looks like several dozen sheets of paper with words and photos printed on them, stacked together and folded in half, vaguely resembling one of those old book thingies. It’ll have the words The Sunday Times written on the front. And they’ll be a lot of unsold ones laying in a pile next to a similar but much smaller pile of something called The Mail on Sunday. Such is the country we live in).

When a Rupert Murdoch title starts eschewing the virtues of a single, fiscal, federal country called :”Europe” as the only way out of the mire you know two things: 1) Some big shit is about to go down and; 2) That is the view of the Sunday Times Editor and his alone and it in no way relates to any view the proprietor may or may not hold.

These ideas would, before now, be a red reg to a bull (beep!) to any right-wing eurosceptic worth his salt. The fact that The Sunday Times is the standard-bearer for your local right-wing eurosceptic makes this all the more worrying. Somehow, somewhere (probably in downtown Athens), something has hit the air-conditioning system and the resulting spray of faeces is landing in the eyes of anyone within a time zone or three.

This call for one, enormous, unified country suggests, of course that it will include every man woman, child and state in Europe, except, of course The UK and our old friends, the former owners of the Elgin Marbles. We surely will be outside the tent, pissing in (bong!), but the rest of continental Europe will be inside pissing out. And all over us. As befits our standing as the awkward bastards of the continent, we will be left with only the USA and Greece to trade with. I hope you like Retsina with your hamburger, cos that’s all there is.
( I was going to write that the Greeks do a nice line in eternal flames, but as the Olympic flame went out as soon as the British delegation arrived recently – no symbolism there – I shan’t)

But I didn’t pick up this change of tack (woop!) by reading the Sunday Times (the restraining order put in place by my doctor – banning me coming within a quarter-mile of a News International title – is still in force), no, no, no. This point of view was first put to me by Mr A Heckler (you will have read some of his nasty little comments on these very pages) while we were en route (ahooowhar) to a rugby match in Twickenham yesterday. While the rest of the passengers in our train carriage were discussing the probable outcome of the match between Ulster and Leinster (no, nor did I until recently), the big man and I were chatting about the state of the markets, economic policy and the collapse of the Euro. God! we’re a fascinating couple to be around, I can tell you.

And such was the vigour and enthusiasm with which we put across our views that we both found ourselves rather thirsty and, as soon as the train stopped at Twickers, we rushed to a nearby hostelry.

(Excuse me for diverting form the subject, but I have just had to pause to switch off the TV. Nicky Campbell‘s Sunday morning program has just started. I mis-heard his opening lines of the show when he said “Is there a difference between a cult and a religion?”. I immediately shouted to myself “Yes there is. One is worshiped in a church and the other is a failed DJ who has a sunday morning program.” It’s ok. TV’s off now. I am back).

…and relax…

Now, what I should have said to the barman was, clearly “Two pints of expensive watery Guinness please, and could you pour them into really flimsy plastic beakers for me, mate?” But not having been in this situation too often as of late, I merely said “Two pints of Guinness, mate,please”. At the drop of a hat (bingbong!), or at least far too quickly to have poured fresh, stout, our man returned with the legend “Ten Pounds, please, mate”. Almost immediately I calculated that him charging me £10 for two pints meant that they were charging £5-a-pint for one. My life passed before me, (whohoo!) I couldn’t believe my ears,(cha-ching) and the ground opened up before me (peep!).

I used what will doubtless becoming a cliché of my own: “£5 for a pint ? You robbing f*cker!”. A pal in the bar checked: A pint of Guinness (before half of Ireland arrived in town for the match) cost £3.80 in this pub. Now you might think that was a big enough markup for any pub. Clearly not. (For the record the pun was The Tup, Twickenham (pictured). Be my guest and boycott these robbing bastards. I’m sure the other boozers in town did/do the same, but this was the one I was in. W*nkers.)

All day I never worked out which fans were supporting Leinster, and who were cheering for Ulster (though the replica strips the all wore could have given me a visual clue, I guess). In the stadium, one half shouted “Leinster, Leinster, Leinster,” while the rest simultaneously wailed “Ulster, Ulster,Ulster”. The result was a constant “Leulster, Leulster, Leulster” bellowed by 85,000 passionate Irishmen. Leulster may or may not be another in a long line of Irish counties I’ve never heard of, but boy, the mob we watched yesterday can sure play rugby. And they sure can drink.

I don’t know what they would have shouted when a barman charged them £5 for a pint of Guinness, and I don’t know how many Euros that converts to, but I suspect the language was blue, either in English or Gaelic. In a final act of stupidity/arrogance/sebcoeism (and you’ll read that word again here until I make it my own cliché), these 80-odd-thousand thirsty Irishmen couldn’t get a pint of Guinness in the stadium because the competition was sponsored by and named after a rival beer. Pathetic, ain’t it ?

Business is business, but if that isn’t a missed opportunity in-the-name-of competition, I don’t know what is. In the end, the bar I was queuing at even run out of the eponymous lager. In the world’s most expensive capital, we hike up our beer to glean 100s of percents in markup, then we deprive 85,000 thirsty Irish rugby fans, not only the opportunity to spend a week’s wages on one of our pints, but we also run out of the alternative too. Well done. Very well, done. Brought to you my the country that organised the ticketing for the Olympics.

It’s no wonder no-one in Europe cares if we’re inside or outside their tent.

These are my pearls of wisdom for today. The writing is on the wall. (Babumtischhh!)


Thought for the Day

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Having deserted t’BBC Breakfast program (eey oop, here’s t’beenees nooz) I’ve been enjoying a couple of week’s worth of The Today Program where, for reasons known only to themselves, journalists are allowed to report on the latest world events, the economic crisis, wars, famine and political intrigue, occasionally punctuated by a sports report or 20 seconds of guessing at the weather.

Icke (top right) with the BBC's first Breakfas...

The way they were. The original BBC Breakfast crew including the late, great David Icke. Whatever happened to Uncle Frank ? Dirty Boy !!!!

Spend an hour watching t’Breakfast program, then switch over to listening to the radio and you’ll think you were listening on a different day. Where, please tell me, are all the “Corn Flakes can give your child rickets” stories ? What about the “What comes first on a scone ? Jam or Cream?” exclusives ? And there’re no interviews with “last night losers on Strictly”. And thank fuck for that ! Radio 4 sticks to the stupidly crusty old news program format of bringing you the …er…news. There’s not even any vox-pops from the streets of Wigan, for christ’s sake!  When I worked for a living for the highly respectable and reputable newspapers of Fleet St, the Today program was required listening, and this was so for the best part of 30 years. Since I do sod-all nowadays I lapsed into Sian and Charlie, Bill and Suzanna’s grasp, My mind turned to mulch because of it. Well that stops here and now.

Woken up by nightmares last night, I switched on the BBC World Service in the hope that the dulcet tones of a foreign correspondent talking to me would enable me to drift off to sleep (it always used to work – especially in the office). Sadly for me the opposite happened. Some bloke who’d certainly never darkened the sweet red couch of t’BBC Salford studio, was explaining with ultimate clarity and menace what was happening and going to happen if (and when) the Greek economy threw a seven and went belly-up sausage-side.

So his tale went: the Greeks pull out of the Euro and immediately, people’s savings lose two-thirds of their value and there’s a hiatus until they sort a new currency out. If that can happen in Greece, the Spanish people will calculate that it can happen in their equally-fragile economy as well. Then the Italians, and so on, and so on…

But.

Intelligent Greeks, Spaniards and Italians will see that situation coming and they don’t wanna see their savings go down the toilet. So there’s a run on all banks as anyone with any money left at all withdraws all he has and shoves it under the mattress/missus. The economy collapses, the Euro-Zone closes due to lack of interest, Presidents Obama then Romney instigate Part II of the Marshall Plan and 30 years from now we all star in a documentary by an ageing Robert Peston explaining how poor we all were in 2012/3.

The alternative to all this, of course, is the German plan of austerity: raise the Greek taxes, cut all welfare and public expenditure for about, ooooh, ten years or so. It’ll be tough “but we put up with it when we took on East Germany andwecameoutstrongerontheotherside soyoulotbetterputuporshutupandtinkyourselfluckythatyou’renotstilloccupiedyouungreatful
littleshitsandsnywayitwasyoulotnotpayingtaxwhichstartedallofthisinthefirstplace.”

Of course, that’s the argument: Greek teachers and bin men scrimping on their taxes are the ones to blame for the state of the continent’s economy. The Euro would be strong, the Banking industry would still be making fortunes if it wasn’t for all you bastard nurses and Public Sector workers borrowing what you couldn’t afford, trying to cheat the Inland Revenue and then having the balls to expect a pension at the end of it. Jesus! Those poor men at JP Morgan and such places spilt their own blood for you, some of you walking out with less than a $32 payout. How is a man supposed to live on that ?

Perhaps I’ll go back to telly where all I have to worry about in the morning is that the heavy rain has affected this years asparagus crop ?

Still. it’s not all bad news. I actually made £95 quid this week. A combination of selling Tee-shirts and predicting the odd correct score means I’m flush, for at least a couple of hours. I do have options. I could give it to The Incumbent to spend on food down at Sainsburys’. It’ll take 15 minutes to spend and £95 quid’s worth of food lasts about 3 days round here; There’s a Ralph Lauren cotton sweater at Harrods going for exactly £95 but I’m not sure they do my size (quiet at the back, please!).  I could pre-order from Amazon 11 copies of Joey Barton’s autobigraphy (and still have change for a bag of chips). Like Hitler’s Mein Kampf this will surely mostly be written (or dictated) while in incarceration. I can’t help thinking that’s not where the similarities will cease. Although, I’m told, Hitler had a good command of English unlike the captain of the Waffen QPR.

8 quid seems a lot of money to me to waste on a book by a complete arsehole, even though many buy Jeremy Clarkson’s books. Times are tough, and I should spend my cash wisely.

I’ve got it.

I am going online today to reserve a ticket on the Water Chariot to take me from Limehouse Basin to the Olympic Park. I’ll have to go on my own, though. That’s £95. London to London. One Way. I’ll have to get to Limehouse first, of course, but can you think of equal value available today ? You could probably buy the Parthenon for 95 quid.

This stuff writes itself.