News
« Previous EntriesBlair the Book and the Truth Behind the Lies
Wednesday, September 1st, 2010“Politicians are obliged from time to time to conceal the truth, to bend it and even distort it, where the interests of the bigger strategic goal demand it to be done.”
This is a direct quote from A Journey - the unimaginative title of a book written by Britain’s former Prime Minster, Tony Blair.
This would dovetail with […]
Interest Rates to Reach 8%
Monday, August 23rd, 2010Inflation in Britain is expected to reach 10% and to stop further rises will require interest rates of at least 8%.
But there is no relief for savers. As interest rates continue to drag against inflation, savings will contract in real terms.
And savers have every reason to feel angry. Most “Buy to Let” landlords should now be […]
Washington : British Prime Minister Comes To Town
Sunday, July 25th, 2010 British Prime Minister David Cameron with President Obama.
UPDATE : US TELLS SCOTLAND TO RELEASE LOCKERBIE BOMBER………..
David Cameron visits Washington this week. America’s Time Magazine described him as America’s junior partner. Cameron has also said this is not a partnership of equals. For many Britons these meetings with their Atlantic friends have become embarrassing and somewhat humiliating for the […]
OIL: What Obama has to learn from Thatcher
Saturday, July 17th, 2010The Piper Alpha Memorial, Aberdeen, Scotland.
Deep sea oil drilling can be safe. You only have to look at Britain’s North Sea today to know this. Britain has exploited its oil and gas reserves in the North Sea for over 50 years. But that was not always the case. It took the tragic loss of 167 […]
BP Oil Spill and the Failed Federal Response Raises the Ghost of Katrina
Tuesday, July 13th, 2010BP’s high risk 18ft “three ram capping stack”. BP’s senior Vice President, Kent Wells said “hope and pray.”
US news media reporting from the Gulf is, sadly, disappointing. Their collective failure was never to move beyond being ciphers for a finger-pointing President. Perhaps the word “anchor” is more closely linked to the marine deadweight than all the US news organizations […]
BP and The Man Who Broke It
Thursday, July 8th, 2010
The Deepwater Horizon
No, it is not Tony Haywood, the most vilified man in America. It is now apparent that he is taking the bullet for someone else. That man is Lord Browne, the previous, discredited CEO of BP. And it can now be seen that his tenure as CEO has wrecked the company.
If you […]