Friday 29 June 2012

Twelve hours is a long time in politics

From hereisthecity.com:

David Cameron has indicated that he is prepared to wield Britain's EU veto again as he seeks to protect the City of London in negotiations to shore up the eurozone.

As he arrived at the EU summit in Brussels, where eurozone leaders will discuss plans to introduce greater fiscal co-ordination, the prime minister said that he would demand "safeguards"...


Yeah! Go Dave! Stick it to those Eurocrats!

From The Evening Standard, a few hours later:

The Bank of England governor demanded a “real change in the banking industry culture” in a fierce attack on the financial services community. He hit out at “excessive levels of compensation, shoddy treatment of customers and deceitful manipulation of one of the most important rates”...

David Cameron backed the call for change and pledged new laws but ruled out an inquiry, agreeing with the governor that action is the priority...


Yeah! Go Dave! Stick it to those bankers!

9 comments:

A K Haart said...

The guy has a shorter memory than a goldfish.

Brian, follower of Deornoth said...

"Quisling" is his middle name.

Mark Wadsworth said...

AKH, or he's gambling on the fact that people have forgotten what they read on page 3 by the time they get to page 7.

BFOD, is it? According to one of the linked articles, his middle name is "Three million British jobs depend on membership of the EU".

Bayard said...

"Three million British jobs depend on membership of the EU".

How many British nationals are eurocrats? and how many of the non-jobs in this country are paid for via the EU? It may not be three million, but I bet it's quite a sizeable number. Of course, what DC is counting on is no-one asking what these "jobs" involve and that people will just assume they mean doing something that adds value.

Anonymous said...

OTOH, how many Scottish/Welsh/Eastbourne jobs depend on membership of the UK?

Mark Wadsworth said...

B, very few employed directly. The three million figures derives from the fact that there are thirty million jobs in the UK and about ten per cent of our output is exported to EU member states.

By the same logic, several hundred thousand jobs depend on us being ruled by PR China and a further few hundred thousand depend on us being the 51st US state.

J, using the same logic, it must be about half of them in S and W (are there figures for cross border trade between E, W and S?).

Eastbourne is the exception because all the pensioners go there on holiday and all the people who work there seem to be east European (inevitably). So actually Eastbourne could survive quite well outside the UK or the EU.

wiggiatlarge said...

Eastbourne, brilliant that must be the template for plan B from Brussels.

Bayard said...

Mark, I already knew we were the 51st state of the USA, but it's news to me that we are also ruled by China. How do they sort out with the Yanks who's in charge of what?

Ian Hills said...

Cameron is so brave that he even defies Brussels on behalf of the banks. No doubt they will make sure that he receives his due reward :)