Guido’s Most Read Stories This Week
1 day ago
I am not a sheep, I have my own mind
I have had enough of being told what and how to think
Whilst we are still allowed the remnants of free speech,
I will speak out.
I also reserve the right to discuss less controversial matters should I feel the urge.
"Driver guilty of M6 family deaths"with the subtext
"A lorry driver is jailed for three years for causing the deaths of a family of six in a crash on the M6."and the three further links entitled
"Grief for 'model' crash family
Fatal crash driver 'used laptop'
Funeral for M6 crash family "
"A Portuguese lorry driver has been jailed for causing the deaths of a family of six by careless driving.
David and Michelle Statham and their four children, from Llandudno, north Wales, died when a lorry hit their car as they travelled home from Birmingham.
Paulo Jorge Nogueira da Silva, 46, had denied causing the deaths by dangerous driving or by careless driving on the M6 in Cheshire last October.
He was jailed for three years by a judge at Chester Crown Court.
Da Silva was convicted of six counts of causing death by careless driving by a majority verdict of 11-1. He was found not guilty of causing death by dangerous driving.
After the verdict, Michelle's father Peter Hagans said his family had been devastated Da Silva was found guilty of the "lesser charge".
He said: "I think from the night of the accident when Mr da Silva butchered our family, which I believe he did, it was not possible to get justice in a British court."
Thirty-eight-year-old chef Mr Statham and Michelle, 33, who were originally from Sutton Coldfield, made the journey to the Midlands partly to introduce their 10-week-old baby, Ellouise, to family and friends.
They were also travelling with sons Reece, 13, Jay, nine, and Mason, 20 months as they headed home from visiting Mrs Statham's parents.
However, the family died when their silver people carrier burst into flames after it was involved in a five-vehicle pile-up between junctions 16 and 17 on the M6.
CPS statement on M6 verdict
Andrew Thomas QC, prosecuting, had told the jury there was a possibility that at the time of the crash Da Silva was using a global positioning system on his laptop computer to work out an alternative route.
Da Silva denied using the computer while he was driving, but police found it by the driver's seat with the screen turned to face the driver.
Speaking to the court the judge, Mr Justice Irwin, said: "Anyone who has heard of the case could not help but have strong, indeed overwhelming, sympathy for the families of those who died, a whole family wiped out."
Sentencing da Silva, the judge said: "I bear in mind the maximum sentence is five years.
"Although six deaths, this was one episode and the prison sentences must be concurrent.
"This was one of the most serious offences of its kind."
Da Silva was told he would serve at least 18 months of his sentence in jail.
Court 'a circus'
Outside court, Cheshire chief crown prosecutor Ian Rushton said evidence showed the Stathams' car was crushed between a large lorry, which had been queuing in a long tailback because of an earlier accident, and Da Silva's truck.
Mr Rushton said Da Silva admitted in court he had seen the electronic signs warning the M6 was closed and slowed down as a result "but could not explain how the collision happened".
"The prosecution said that it was clear that for a period of around a minute, Paulo da Silva was not paying proper attention to the road and fatally hit the Stathams' van with his 40-tonne lorry," Mr Rushton said.
Expressing his anger at the sentence, Mr Hagans told a news conference the court was "not much more than a circus".
He said: "The only difference being that the man in red in the circus wears a top hat and not a wig."
Mr Stratham's uncle, Alan Moult, added the deaths had left all his family "very empty". "
"The sentencing of a Labour peer who sent and received text messages while driving on the M1 where he was involved in a fatal crash has been adjourned.
Lord Ahmed, 51, of Rotherham, was driving his Jaguar when he collided with another car on Christmas Day 2007.
The driver of the vehicle, Martyn Gombar, 28, was killed.
Lord Ahmed, who admits driving dangerously, appeared before Sheffield magistrates on Monday. The case will go before the crown court on 19 January.
Sheffield Magistrates' Court heard how Lord Ahmed received three text messages and sent two while driving on the M1, between junctions 40 and 35, near Rotherham.
Some time after sending and receiving the text messages, he collided with Mr Gombar's Audi, which had stopped in the outside lane after crashing into the central reservation.
Steve Smith, Lord Ahmed's solicitor, told the court the peer was "rendered momentarily unconscious" by the impact of the crash and suffered a very serious head injury.
Lord Ahmed was never charged over the crash but admitted one charge of dangerous driving in connection with sending and receiving the text messages while driving.
Mr Smith said: "This man is not responsible for any accident. What he is responsible for is stupidity. I say that because it is a word he has used himself."
'Bad driving'
The solicitor said that despite being told otherwise, his client still felt responsible for Mr Gombar's death.
"He still walks within that shadow and I think he always will," he said.
District Judge Mark Hadfield said this was a case of "prolonged driving, which is clearly bad driving and dangerous driving".
He told Lord Ahmed he drove "without regard to yourself, your passengers and other road users".
He said the aggravating features meant Lord Ahmed should be sentenced in the crown court.
He was released on bail and an interim driving ban, imposed at an earlier hearing, was extended until his next court appearance.
Lord Ahmed was appointed to the House of Lords in 1998 and has lived in Rotherham, South Yorkshire, since childhood."
"It would seem Ahmed got himself a good lawyer. He wasn't done for 'causing death by dangerous driving' but pleaded guilty to simple "dangerous driving".
This means that there has been no linkage in evidence between the texting and the death.
That means Ahmed must be treated like anyone else who is done simply for texting while driving, as opposed to someone who has caused death while texting. His lawyer (Steve Smith) is very hot on the point that his client was not done for causing the death. No doubt he has made this clear to the meejah."
"I don't have to tell you things are bad. Everybody knows things are bad. It's a depression. Everybody's out of work or scared of losing their job. The dollar buys a nickel's worth; banks are going bust; shopkeepers keep a gun under the counter; punks are running wild in the street, and there's nobody anywhere who seems to know what to do, and there's no end to it.
We know the air is unfit to breathe and our food is unfit to eat. And we sit watching our TVs while some local newscaster tells us that today we had fifteen homicides and sixty-three violent crimes, as if that's the way it's supposed to be!
We all know things are bad -- worse than bad -- they're crazy.
It's like everything everywhere is going crazy, so we don't go out any more. We sit in the house, and slowly the world we're living in is getting smaller, and all we say is, "Please, at least leave us alone in our living rooms. Let me have my toaster and my TV and my steel-belted radials, and I won't say anything. Just leave us alone."
Well, I'm not going to leave you alone.
I want you to get mad!
I don't want you to protest. I don't want you to riot. I don't want you to write to your Congressman, because I wouldn't know what to tell you to write. I don't know what to do about the depression and the inflation and the Russians and the crime in the street.
All I know is that first, you've got to get mad.
You've gotta say, "I'm a human being, goddammit! My life has value!"
So, I want you to get up now. I want all of you to get up out of your chairs. I want you to get up right now and go to the window, open it, and stick your head out and yell,
"I'm as mad as hell,
and I'm not going to take this anymore!!"
"Gordon Brown's consistent lies and mismanagement of the economy, the appointing of Peter Mandelson to a Cabinet post for the third time, the EU's relentless march to Empire, the media's deliberate soft-soaping of Barack Obama and the BBC's more and more brazen bias...
"I'm as mad as hell and I'm not going to take it any more""
"First things first: if Lloyds TSB's takeover of HBOS were to collapse, HBOS itself would collapse and we'd all be staring into the abyss.
Halifax and Lloyds TSB signsSo that's not going to happen.
The deal has been agreed by both boards.
It's being backed with legislative help by the government.
The prime minister has staked his career on this rescue takeover.
It's going to happen."
"UPDATE 10:32AM: I am hearing that this deal has been negotiated at a very high pay grade level, with the Prime Minister, Gordon Brown, talking to Sir Victor Blank, chairman of Lloyds TSB, about how helpful it would be if Sir Victor could bring himself to end the uncertainty hanging over HBOS by buying it."
"Is Gordon Brown trying to take credit for the HBOS-Lloyds merger? Sounds implausible, but the blog of Robert Peston, Brown’s biographer, has this snippet:
“I am hearing that this deal has been negotiated at a very high pay grade level, with the Prime Minister, Gordon Brown, talking to Sir Victor Blank, chairman of Lloyds TSB, about how helpful it would be if Sir Victor could bring himself to end the uncertainty hanging over HBOS by buying it.”
If this is true, I’m amazed the takeover went ahead, given that Brown tends to be 180 degrees wrong about any financial deal – whether it be selling gold at the bottom of the market or selling British Energy shares before they skyrocketed.
The truth, I suspect, is that Brown somehow got wind from the Bank of England that the deal was happening – or maybe he needed to give formal assurance that the Competition Commission would turn a blind eye. Then he’d have wanted to attach his name to it, so made the call to Victor Blank (ex-chairman of the Mirror Group) and then leaked it.
UPDATE: Ben Brogan has more: It wasn’t a phone call. Brown met Blank at a reception in the City on Monday and expressed his support for a takeover then (promising to keep it all secret, of course). NB, Blank is non-executive chairman (amongst his eight other jobs) and would have been in the business of approving, not negotiating, the takeover of HBOS. So his exchange with Brown would have had minimal significance."
"67. At 10:21am on 17 Sep 2008, U9461192 wrote:
Oh God.
Gordon Brown has got involved? Jonah Brown? That's HBoS doomed then. And possibly Lloyds too."
"86. At 11:33am on 17 Sep 2008, YummyCarolKirkwood wrote:
The main focus on the reporting of this story is completely wrong. I see that a few posters on this blog (sherwoodbandit, the_nutty_dragon, wykhamist) have picked up on the real issue that is at stake: if HBOS is too big to fail, what will be the case for a Lloyds-HBOS entity? We are only just at the beginning of a major recession and the collapse of the UK property market, so HBOS will be facing HUGE losses in the coming years. Lloyds would struggle to ride it out on its own, but I very much doubt the combined entity will be able to shoulder those losses, and we will simply end up with our own Fannie Mae/Freddie Mac situation. The eventual result: a massive bail-out from the UK taxpayer.
The saying "don't put all your eggs in one basket" has been around for a very long time.
And for very good reason.
Creating ever larger financial institutions does not lower risk - it INCREASES it. Such a merger between Lloyds and HBOS might be some sort of botch-job, quick-fix short-term solution to the immediate problem but - irrespective of the competition issues - it is a recipe for disaster in the longer term: very Gordon Brown indeed. No wonder his sticky paws are all over this deal.
IMHO Lloyds shareholders would do well to vote against such a deal, rather than saddle themselves with HBOS' problems."
"WHY is Gordon Brown still Prime Minister?
After the events of last week, why has he not resigned? And if he won’t go of his own accord, how long before he is hounded out by voters whose homes, pensions and jobs he’s put in peril?
After all, he sacked his multi-millionaire banking pal and key adviser Sir James Crosby the moment he was exposed as a dud.
Yet Crosby’s offence — destroying bank giant HBOS — pales by comparison with Mr Brown’s sins and omissions.
The career of Sir James, knighted by the PM and handed a top job at the shambolic Financial Services Authority (FSA), is a mirror image of Gordon’s.
He was the bullying intellectual powerhouse behind the spectacular rise and fall of HBOS.
He ruthlessly exploited weakness in his opponents and brooked no criticism.
And he ignored warnings from his own whistleblower that he was taking too many risks with other people’s money.
Crosby pressed ahead regardless, leaving HBOS a crippled wreck and taxpayers with the £17billion tab for his reckless incompetence.
How did he land HBOS in such a mess — leaving Britain needlessly exposed to the worst of the world’s economic meltdowns?
Sure, this recession is global. Yes, it started in America.
But there are many countries, unlike the UK, where prudently regulated banks will still be standing when it’s all over.
We’ll be paying huge bills long after everyone else has pulled out of this slump.
The seeds were sown by Mr Brown on his first day as Chancellor, when he handed the Bank of England control over inflation — but took away their role as City watchdog.
In a fatal error, he shared out that task between the bank, the Treasury and the new but toothless FSA. Nobody was in charge of this clattering train.
Bank governor Eddie George warned Brown was putting the economy at risk of “systemic failure” — bank jargon for “boom and bust”.
Like Sir James Crosby, the Chancellor ignored him.
Instead, he threw open the casino, welcomed the biggest losers in UK banking history — and gave them our money to play with.
Tories accuse Mr Brown of failing to fix the roof when the sun was shining.
It was much worse.
He demolished the load-bearing walls and propped up the rafters with broomsticks.
Why? Because he wanted those City high-rollers set free to make billions for Labour’s binge on public services.
Even the timid FSA saw the risk. Each year from 2002 it warned Crosby that HBOS and other banks were over-lending.
Did Gordon know? Like Sauron in Lord Of The Rings, the Chancellor watched everything that moved on the economy.
In June 2006 — before Northern Rock crashed in flames — the Bank of England briefed journalists that High Street lenders did not have enough in the kitty to balance their books. Any jolt to the economy could bring disaster.
The Chancellor, who received regular Bank updates, would have known this far sooner than a bunch of newsmen.
Yet, as HBOS headed for the buffers, he knighted Crosby and made him deputy chairman of the FSA... the fox in charge of the hen coop.
When that “jolt” arrived with the credit crunch it was Crosby who persuaded Mr Brown to put up £100billion of our cash to bail out the banks — including his old firm HBOS.
It was Crosby who urged Gordon to bully Lloyds TSB into a catastrophic merger to save HBOS.
Lloyds was Britain’s only really solid bank. Today it is just another wreck, dragged to the bottom by the dead weight of HBOS.
Thanks to Gordon Brown, taxpayers face losses and liabilities worth countless billions. Take in the Royal Bank of Scotland and the sums escalate into trillions.
Co-conspirator Ed Balls predicts we will be paying that off for the next FIFTEEN years.
If that’s true, today is not a moment too soon for Mr Brown to say sorry to the British people.
And walk out of Downing Street for good."
"My sole interest in Jewish concerns came from being a left-wing opponent of the far Right, and the blood-soaked antisemitic superstitions which turned Europe into a graveyard. When I was young, such attitudes seemed unproblematic. You did not have to be a Jew to oppose fascism; everyone I knew did that regardless of colour or creed.
Today the old certainties have gone because there are two far-right movements: the white neo-Nazi parties that the Left still opposes; and the clerical fascists of radical Islam which, extraordinarily, the modern Left succours and indulges. I am not only talking about Ken Livingstone, George Galloway and their gruesome accomplices in the intelligentsia. Wider liberal society is almost as complicit. It does not applaud the Islamist far Right, but it will not condemn it either. From the broadcasters, through the liberal press, the Civil Service, the Metropolitan Police, the bench of bishops and the judiciary, antisemitism is no longer an unthinkable mental deformation. As long as the conspiracy theories of the counter-enlightenment come from ideologues with dark rather than white skins, nominally liberal men and women will not speak out."
"You do not need me to add that mine is a minority point of view among liberals, and that British Jews are living through a very dangerous period. They are the only ethnic minority whose slaughter official society will excuse. If a mass murderer bombed a mosque or black Pentecostal church, no respectable person would say that the “root cause” of the crime was an understandable repulsion at the deeds of al-Qaeda or a legitimate opposition to mass immigration. Rightly, they would blame the criminal for the crime.
If a synagogue is attacked, I guarantee that within minutes the airwaves will be filled with insinuating voices insisting that the “root cause” of the crime was a rational anger at the behaviour of Israel or the Jewish diaspora."
"Mrs Taplin, 33, said: 'When I read that she says she spends most of the week here, I thought, "That is a fabrication."
'She is virtually never here on a Sunday as she claimed and you don't see much of her in the summer. I would say she spends no more than a third of the year here.'
Mr Taplin, 46, who works from home, said: 'You can tell when she is here because the police guards arrive first. They turn up mid-morning on Monday and leave mid-morning on Thursday.
'I cannot recall when they have been here any other nights of the week. I find her behaviour extraordinary.'
Both Mr and Mrs Taplin say they are prepared to give evidence if there is an official inquiry into Ms Smith's expenses.
...
Another resident who lives a few doors down from Ms Smith's lodgings, on the same side of the road, said: 'I see the policemen outside the house three mornings a week. It varies but I would say no more than three mornings a week.
'You really know when she's there - you can't miss two armed coppers standing on your road.'
One neighbour who has lived on the street since the Sixties said: 'I just can't believe it's her main residence. The policemen disappear for weeks.'"
"When I was at school, not too many years ago we were taught that cameras were forbidden in the Soviet Union and in East Germany. This, our liberal teacher told us was because cameras can be used to document offences of the state against civilians; as such, they were considered a tool that can bring about civil unrest and encourage protest against the Communist Governments. This particular teacher, sneered at this particular law and the system in which it helped preserve."
"We take a big step further into Labour's totalitarian state tomorrow, as professional photographers can be arrested and detained for doing their jobs. Tourists taking pictures of the changing of the guard at Buckingham Palace are liable for prosecution. Taking photos in the street, at sporting events, at weddings and during state proceedings could all lead to the possibility of prosecution."
"The HBOS whistleblower whose revelations led to the resignation of one of the Government's top regulators is about to release a tranche of documents which he says point a direct and accusatory finger at Gordon Brown's responsibility for the banking crisis, and has called on the Prime Minister to resign.
...
Paul Moore, the former head of risk at HBOS, told the IoS that he has more than 30 potentially incendiary documents which he will send to MPs on the Treasury Select Committee. He says they disprove Mr Brown's claim about the reasons for HBOS's catastrophic losses – now estimated to be nearly £11bn – and show that it was the reckless lending culture, easy credit and failed regulation of the Brown years that led directly to the implosion of British banks. "
"I think we fail to welcome nuclear energy as the one good and reliable power source because we have been grievously misled by a concatenation of lies. Falsehood has built on falsehood and is mindlessly repeated by the media until belief in the essential evil of all things nuclear is part of an instinctive response.
...
"
"Britain's most powerful police body is being run as a private business with an annual income of around £18million.
The Association of Chief Police Officers (ACPO), which oversees everything from anti-terrorism policy to speed cameras, was last night facing demands that it be disbanded, following a Mail on Sunday investigation into its activities which include:
* Selling information from the Police National Computer for up to £70 – even though it pays just 60 pence to access those details.
* Marketing ‘police approval’ logos to firms selling anti-theft devices.
* Operating a separate private firm offering training to speed camera operators, which is run by a senior officer who was banned from driving.
* Advising the Government and police forces – earning £32million of taxpayers’ money in the process.
* Employing retired senior officers on lucrative salaries."
"A group of British MPs is due to visit Gaza to assess the effects of the recent Israeli military offensive."
"The severity of global warming over the next century will be much worse than previously believed, a leading climate scientist has warned.
Professor Chris Field, an author of a 2007 landmark report on climate change, said future temperatures "will be beyond anything" predicted. "
"if they (other EU countries) want it(Sterling) higher this time, then they just need to buy stirling (sic)... ECB has loads of money, nothing stopping them, why do they want us to anything?"
"Where once there were 16 Type 42’s , St. C is interested to see that only 6 of the new ones will be delivered to replace them.
We were all up in arms originally when it was announced that only 12 were to be delivered! This was then cut to 8. Oh well we cried, we’ve lived without Sheffield, and Coventry for long enough, and, after all, the lieing cheating politico’s told us “this is a much more CAPABLE piece of equipment”. Just how does “more capable” equate to “CAN BE IN TWO PLACES AT ONCE”! A ship is a ship. It covers a small bit of water, or transports people to a single location where they are needed."
"the police demanded that the center itself close down -- punishing the innocent and achieving the goal of the mob."
"Tiktaalik, aka the fishibian or the fishapod, is a large scaled fish that shows a perfect transition between fins and feet, aquatic and land animals. It had fish-like scales, as well as fish-like fin rays and jaw and mouth elements, but it had a shortened skull roof and mobile neck to catch prey, an ear that could hear in both land and water, and a wrist joint that is like those seen in land animals."
" Medicine bottles, transferred to the Gaza Strip as humanitarian aid by Israel, were used by Hamas as grenades against IDF troops during Operation Cast Lead.
The medicine bottles were manufactured by the Jerusalem Pharmaceutical Company, which is based in el-Bireh, a town adjacent to Ramallah, and the global pharmaceutical company Shire.
The medicine bottles were filled with explosives, holes were drilled in the caps, and fuses were installed. Once Hamas fighters lit the fuses, they had several seconds to throw the grenades at soldiers. The IDF also found small explosive devices that used medical syringes to hold their fuses.
The medical grenades were discovered in northern Gaza by troops during last month’s three-week battle against Hamas. The grenades were taken to military explosives experts, and then disassembled and studied.
One bottle turned into a grenade originally contained a drug called Equetro, which is used by people who suffer from episodes associated with bipolar disorder. Another bottle had contained a vitamin supplement called Super-Vit.
“This is another example of Hamas’s cynical use of humanitarian supplies to attack Israel,” a Defense Ministry official said Thursday. “Israel facilitates the transfer of the supplies to the Gaza Strip, and Hamas uses the supplies to create weapons.”"
"Inevitably Australia's vociferous "Greenies" have been blaming Victoria's fire disaster (and hottest temperatures for 100 years) on "global warming".
But many angry Victorians are blaming the scale of this catastrophe on the Green campaigners themselves, who for some years have been successfully lobbying for stringent new laws to forbid clearing trees and scrub to create fire-breaks around towns and homesteads. Several experts have testified that the resulting accumulation of tinder-dry vegetation was a major contributor to the tragedy. In 2004 Liam Sheahan of Ready Creek, Victoria, famously lost $100,000 when he was prosecuted for felling 247 trees to protect his property. Last week his house was the only one in the area left standing. "
"nearly a third of Europeans polled blame Jews for the global economic meltdown and that a greater number think Jews have too much power in the business world. "
"Earlier this week, BBC News met three former Woolworths workers, struggling to find new jobs. After hearing that Prime Minister Gordon Brown had said that jobs were being created, one of them, Evelyn Downey, challenged him to "come to Corby and show me where they are, because I can't find any".
Mr Brown agreed to meet them. BBC economics reporter Steven Duke was in Corby to hear how the meeting went. "
"I want to thank everyone in the Imaginary community for turning out for this great cause," said President Obama, speaking on the steps of the Lincoln Monument to a reportedly cheering crowd estimated at between 0 and 12 million. "For too long, the Census Bureau has discriminated against people on the basis of their existential status, or perceived lack of appearance. That must stop. I promise you that under my administration, Imaginary-Americans everywhere will enjoy the same rights that they do in my home town of Chicago."
ABC News analyst Jake Tapper said the rally underscored the growing national political clout of Imaginary-Americans.
"It used to be that Non-Existentials were mostly confined to a few wards in Chicago, Philadelphia and Detroit, but we're seeing them more and more in opinion polls and elections around the country," said Tapper. "With dozens of congressional seats and billions of dollars in federal grants hanging in the balance, the President wants to make sure Imaginary citizens don't get undercounted in the 2010 Census."
"It's just smart politics," added Tapper. "According to the exit polls, President Obama carried the Imaginary vote 346% to √-12%.""
"French fighter planes were unable to take off after military computers were infected by a computer virus, an intelligence magazine claims.
The aircraft were unable to download their flight plans after databases were infected by a Microsoft virus they had already been warned about several months beforehand.
At one point French naval staff were also instructed not to even open their computers.
Microsoft had warned that the "Conficker" virus, transmitted through Windows, was attacking computer systems in October last year, but according to reports the French military ignored the warning and failed to install the necessary security measures.
The French newspaper Ouest France said the virus had hit the internal computer network at the French Navy. "
"The UK Ministry of Defense (MoD) confirmed inquiries made by the website The Register that since the 6th of January 2009, "the performance of the MOD IT systems in a number of areas was affected by a virus... This meant that some people were without regular IT access (i.e. email, internet). There have been no infections detected on any networks with sensitive information."
The Register's story says that the virus is affecting Royal Navy warships like the carrier HMS Ark Royal.
"The Navy computers infected are the NavyStar (N*) system, based on a server cabinet and cable-networked PCs on each warship and used for purposes such as storekeeping, email and similar support functions. N* ship nets connect to wider networks by shore connection when vessels are in harbour and using satcomms when at sea," says the story.
The N* system, which is built by Fujitsu, is to come under the Defence Information Infrastructure which is currently late and over-budget.
The Register story notes that, "The MoD refused to discuss details of the virus, transmission methods, countermeasures or other specifics of the incident 'for security reasons'."
Update:
The Sunday Times has a story today that claims the virus has infected Royal Air Force systems, and that "all e-mail traffic from a number of RAF stations has been sent to a Russian internet server."
"The RAF stations affected included those from which fighter aircraft have been scrambled to counter Russian bombers testing British air defences," the story adds.
In addition, the Times quotes RAF sources that say that the virus “ 'originated from the former eastern bloc' ” and said forces security experts were surprised at its sophistication.'"
"Despite the freezing weather and hard rain falling, about 200 people arrived with banners and placards and shouted their displeasure at the Conservative Councillors inside Kensington Town Hall who were sipping champagne with representatives of Israel who have just killed 1300 civilians in Gaza, including the relatives of several families living in the Royal Borough."
" VALUATION PRINCIPLES
1. The determination of the fair value of financial instruments in the trading book and those at fair value under the fair value option (13.7 trillion euros or 33 percent of EU bank balance sheets) and instruments available for sale (4.5 trillion euros, or equivalent to 11 percent of EU bank balance sheets) is based on a three level hierarchy:
- mark to market in active markets,
- mark to model in inactive markets using observable inputs
- mark to model without observable inputs.
The last two must be agreed and could vary with the individual assets concerned, the Commission said.
For other asset categories not at fair value (23 trillion euros or 56 percent of EU bank balance sheets) impairment should be measured on the basis of future cash flows, it said. "
"A bail-out of the toxic assets held by European banks' could plunge the European Union into crisis, according to a confidential Brussels document. "Oddly the URL still reads - "European-banks-may-need-16.3-trillion-bail-out-EC-dcoument-warns", the "Finance Most Viewed" still has at Number 1 "European banks may need £16.3 trillion bail-out, EC dcoument warns" but there is now no mention of the figure in the report itself.
"European banks may need massive bail-out - European banks sitting on £16.3 trillion of toxic assets may suffer massive losses, according to a confidential Brussels document."
"European Commission officials have estimated that “impaired assets” may amount to 44pc of EU bank balance sheets. The Commission estimates that so-called financial instruments in the ‘trading book’ total £12.3 trillion (13.7 trillion euros), equivalent to about 33pc of EU bank balance sheets.
In addition, so-called 'available for sale instruments' worth £4trillion (4.5 trillion euros), or 11pc of balance sheets, are also added by the Commission to arrive at the headline figure of £16.3 trillion."
"If a Member has his or her family living permanently in their constituency home and has modest accommodation in London big enough only for themselves, and which they use only when Parliament is in session, then it would clearly seem to be a matter of fact that that Member's main home is in the constituency."
"In the case of Ms Cooper and Mr Balls, however, they maintain two properties sufficient for them to conduct their family life in both London and in Castleford. Which is their main home is not a simple or self-evident fact. It is necessary to examine their arrangements more closely in accordance with the remaining provisions in the rules which assist Members in defining their main home."In that case Ed Balls and Yvette Cooper were trying to prove that their Castleford home was their main home, in this case Jacqui Smith is claiming that her London "home" is her main home.
"If a Member has his or her family living permanently in their constituency home and has modest accommodation in London big enough only for themselves, and which they use only when Parliament is in session, then it would clearly seem to be a matter of fact that that Member's main home is in the constituency."How does that not apply in Jacqui Smith's case?
"The way that the BBC report the alleged misdeeds of politicians is almost childlike in its bias. Any misdeed of a Conservative politician no matter how minor is front page news for days, to be discussed and analysed at length. Meanwhile any alleged infraction by a Labour politician, no matter how senior the politician or serious the allegation is reported as quietly and for as short a time as possible. Can you imagine the BBC coverage if this had been a Conservative member of the House of Lords? I would imagine it would be front page news for days."
"presence in the UK would pose a genuine, present and sufficiently serious threat to one of the fundamental interests of society. The Secretary of State is satisfied that your statements about Muslims and their beliefs, as expressed in your film Fitna and elsewhere would threaten community harmony and therefore public security in the UK."
"The police will not investigate allegations against two members of the House of Lords accused of being willing to change laws in exchange for cash.
The Lib Dems referred the matter to police after newspaper allegations raised questions about the conduct of four Labour peers earlier this month.
But after consulting with the Crown Prosecution Service, the Metropolitan Police has decided against an inquiry.
A Lords Committee is looking into the allegations against the four men. "
"Oh you don't get me I'm part of the Party
You don't get me I'm part of the Party
You don't get me I'm part of the party
Till the day I die, till the day I die."
"So there it is. Greed is good. And on the same day, that Gordon Brown appeared before an audience of economists like a dark avenging angel and said that he would be "sweeping away" the bankers' bonuses, his spokesman told reporters: "Jacqui Smith has made her statement on that and that's it as far as the prime minister is concerned."
In fact, the tale of Smith has more than one parallel with the banking crisis. She "fully abided" by the rules. Just as the banks did nothing legally wrong. The problem is that it's obvious to anyone, to everyone, that is, apart from Gordon Brown, that the rules are wrong."
"Resign. Now. This is absolutely and unforgivably scandalous."
"GUARDIAN, seriously, why isn't this on the front page?"
"Jacqui Smith is actually so reminiscent of the Napolean from Animal Farm I am finding it all quite disturbing
The cowardly pig who encourages the other animals to fight and die for the good of the farm.
Controlling, greedy, deceitful hypocrite : Jacqui Smith."
"Jacqui Smith is just another not-terribly-bright politician who's in it for herself.
I'm sure she doesn't see herself as corrupt but she certainly makes sure she gets her snout as far into the trough as possible. I truly wonder if she has any understanding that to the general public it seems venal and corrupt. She's spending nearly five times the median wage on benefits for a second home. How else can it look but corrupt?"
"The other key point that the Guardian & BBC etc are not mentioning is that, on becoming Home Secretary, one of the top Cabinet posts & the key national security position, she turned down the use of a grace & favour apartment in Whitehall with existing police guard, as this would have meant that she would lose her £24k pa second home allowance. So instead, she carries on living in her unsecure Peckham house share which now needs 24 hour police protection, costing c. £200k pa. Not a bad deal for the taxpayer, is it ? And why was the Mail on Sunday front page with this on not shown during the press review on Andrew Marr's show on the BBC ?"
"If they want to monitor our calls, emails and messages, then we ought to have the right to see what they are spending our money on."
"here is no suggestion that Miss Smith has broken any law, or even rule. But she has cunningly exploited an over-generous and unduly loose system by which MPs claim expenses in order to fill her handbag with taxpayers' money. To any right-minded person, her main residence is the substantial house she owns in her constituency. It is where her personal effects are mostly kept, as with those of her family. It is where her children live. Yet she claims the London house she does not own, but where she lodges with her sister, is her main residence. The authorities are happy with this, and she profits accordingly.
...
We know Miss Smith's game. She will struggle to hold her seat at the next election, as Labour will struggle to hold the country. Faced not just with the loss of a ministerial salary but also an MP's one (with all its juicy expenses), and with life in the House of Lords perhaps no longer a gravy train, it makes sense to coin it in while you can. This includes having her husband on her payroll, too. If lean times hit the Smith household, there should be a bit of fat to live off while the Job Centre does its work."
"...the Secretary of State is of the view that your presence in the UK would pose a genuine, present and sufficiently serious threat to one of the fundamental interests of society. The Secretary of State is satisfied that your statements about Muslims and their beliefs, as expressed in your film Fitna and elsewhere would threaten community harmony and therefore public security in the UK."
"A legal bid to force the BBC to disclose an internal report on its coverage of the Middle East was given a massive boost by the House of Lords today.
The Law Lords held by a 3-2 majority that a case brought by lawyer Steven Sugar under the Freedom of Information Act was wrongly blocked by legal rulings at earlier court hearings.
The case now returns to the High Court for further argument before a final decision is made."
"AUSTRALIA has been singled out as a target for "forest jihad" by a group of Islamic extremists urging Muslims to deliberately light bushfires as a weapon of terror.
US intelligence channels earlier this year identified a website calling on Muslims in Australia, the US, Europe and Russia to "start forest fires", claiming "scholars have justified chopping down and burning the infidels' forests when they do the same to our lands".
The website, posted by a group called the Al-Ikhlas Islamic Network, argues in Arabic that lighting fires is an effective form of terrorism justified in Islamic law under the "eye for an eye" doctrine.
The posting — which instructs jihadis to remember "forest jihad" in summer months — says fires cause economic damage and pollution, tie up security agencies and can take months to extinguish so that "this terror will haunt them for an extended period of time".
"Imagine if, after all the losses caused by such an event, a jihadist organisation were to claim responsibility for the forest fires," the website says. "You can hardly begin to imagine the level of fear that would take hold of people in the United States, in Europe, in Russia and in Australia."
With the nation heading into another hot, dry summer, Australian intelligence agencies are treating the possibility that bushfires could be used as a weapon of terrorism as a serious concern.
Attorney-General Robert McClelland said the Federal Government remained "vigilant against such threats", warning that anyone caught lighting a fire as a weapon of terror would feel the wrath of anti-terror laws.
"Any information that suggests a threat to Australia's interests is investigated by relevant agencies as appropriate," Mr McClelland said.
Adam Dolnik, director of research at the University of Wollongong's Centre for Transnational Crime Prevention, said that bushfires (unlike suicide bombing) were generally not considered a glorious type of attack by jihadis, in keeping with a recent decline in the sophistication of terrorist operations.
"With attacks like bushfires, yes, it would be easy. It would be very damaging and we do see a decreasing sophistication as a part of terrorist attacks," Dr Dolnik said.
"In recent years, there have been quite a few attacks averted and it has become more and more difficult for groups to do something effective."
Dr Dolnik said he had observed an increase in traffic on jihadi websites calling for a simplification of terrorist attacks because the more complex operations had been failing. But starting bushfires was still often regarded as less effective than other operations because governments could easily deny terrorism as the cause.
The internet posting by the little-known group claimed the idea of forest fires had been attributed to imprisoned Al Qaeda leader Abu Musab Al-Suri. It said Al-Suri had urged terrorists to use sulphuric acid and petrol to start forest fires."
"He went to school in Dumbarton. He studied at Paisley College of Technology (now the University of Paisley) and the University of Strathclyde, receiving a BSc in Chemistry, then an MBA. He obtained a BA from the Open University in Education and Philosophy. He was a chemistry teacher in Dumbarton, Kirkintilloch and Glasgow, becoming a deputy-head from 1974-87, and Secretary of his Constituency Labour Party before he entered Parliament. In 1994, he became a Visiting Professor at Strathclyde University Business School, and now is a member of the Strategic Advisory Board at the University of Glasgow Business School. He is a member of the GMB Union.
Political career
He was first elected for the Dumbarton constituency, Scotland, at the 1987 general election, after the previous MP, Ian Campbell retired. His original majority was a little over 2,000. Dumbarton constituency was replaced with the new West Dunbartonshire constituency for the 2005 general election. McFall's majority is now over 12,500.
He has been a whip and junior minister (for Education, Training and Employment, Health and Community Relations, then in 1999 for Economy and Education) at the Northern Ireland Office from 1998-9."
"When risk assessments were made in banks the one question that was not asked was "What happens if X market goes away?" because the likely answer was "it ain't gonna happen, but if it does we all go to hell in handcart, you , me, the Governor of the Bank of England and the whole economy". The risk was put in the very low risk category, not factored into any pricing models and generally ignored. On a deal by deal basis that made perfect sense because the loss on any deal was limited to the values related to that particular deal. On an aggregate basis the numbers were so huge that no bank would contemplate the losses resulting from any individual deal, so deals got done and the market consensus was that these sorts of things did not and would not happen. Which meant that the market grew and grew and the issues that were ignored were precisely those that occurred because nobody was worrying abut them."
"you don't get very far in politics without guts, and certainly not as far as the cabinet table"
"Courage in politics is measured by the consistent application of principles. The website TheyWorkForYou.com records votes on key issues since 2001. It reveals that you voted "very strongly for the Iraq war", "very strongly against an investigation into the Iraq war" and "very strongly for replacing Trident" ("very strongly" means an unbroken record). You have voted in favour of detaining terror suspects without charge for 42 days, in favour of identity cards and in favour of a long series of bills curtailing the freedom to protest. There's certainly consistency here, though it is not clear what principles you are defending."
"You remained silent while the government endorsed the kidnap and the torture of innocent people; blocked a ceasefire in Lebanon and backed a dictator in Uzbekistan who boils his prisoners to death. You voiced no public concern while it instructed the Serious Fraud Office to drop the corruption case against BAE, announced a policy of pre-emptive nuclear war, signed a one-sided extradition treaty with the United States and left our citizens to languish in Guantánamo Bay. You remained loyal while it oversaw the stealthy privatisation of our public services and the collapse of Britain's social housing programme, closed hundreds of post offices and shifted taxation from the rich to the poor. What exactly do you stand for Hazel, except election?"
"It seems to me that someone of your principles would fit comfortably into almost any government. All regimes require people like you, who seem to be prepared to obey orders without question. Unwavering obedience guarantees success in any administration. It also guarantees collaboration in every atrocity in which a government might engage. The greatest thing we have to fear in politics is the cowardice of politicians."
"Making the rich poorer does not make the poor richer, but it does make the state stronger—and it does increase the power of officials and politicians, power more menacing, more permanent and less useful than market power within the rule of law. Inequality of income can only be eliminated at the cost of freedom. The pursuit of income equality will turn this country into a totalitarian slum."
"UCONN Police Reporting a Suspicious Occurrence and Safety Alert:
On 2/7/09 at approximately 6:35 PM a suspicious incident occurred at Hilltop Apartments, in the parking lot between the Beard and French buildings. A male approached a female from the opposite direction and came up within several feet of her personal space. The female turned around and left the area. The male walked away in the opposite direction. The male did not say anything or make physical contact with the female. The intention of the male is unknown. Description as follows: a white male 6’ 0” with shoulder length brown hair wearing a red or brown cloth jacket and jeans. Male described as older than college age. The male had a round face and large build.
If you have any information or witnessed the incident please call UConn Police at 486-4800. As always, you are encouraged to travel in groups at night and in well lit areas. Please notify police of any suspicious activity to police immediately."
"Mark - who uses his comedy act to expose state and corporate wrongdoing - will be joined outside New Scotland Yard by renowned documentary-maker Chris Atkins, NUJ vice-president Pete Murray and a bevy of photographers.
Photojournalist and NUJ member Marc Vallée said: "The plan is simple, turn up with your camera and exercise your democratic right to take a photograph in a public place."
There have already been cases of photographers stopped from working by police quoting anti-terror laws.
John Toner, the NUJ's organiser who looks after freelance photographers, said: "Police officers are in news pictures at all sorts of events - football matches, carnivals, state processions - so the union wants to make it clear that taking their pictures is not the act of a criminal.
"Our members are photographers - not terrorists."
Roy Mincoff, NUJ Legal Officer, said: "Photographers do not want to endanger the health and safety of the police or the public - but it is important in a democracy that they can do their jobs properly without facing unnecessary legal restrictions."
The photo taking will start at 11am outside New Scotland Yard on Broadway, London."
"Two and a half years ago I spoke to an Israeli intelligence officer who said that missile war was about to replace terrorist war, and he was right.
Colonel Eisen held up a map that showed which cities in Israel would be under attack if the same kinds of rockets flying out of Gaza today were being launched from inside the West Bank.
Every major population center in the country would be under attack except Haifa. Yet Haifa is within Hezbollah's rocket range out of Lebanon in the north. When Hezbollah fired its medium-size Katyusha rockets at Haifa in 2006, Haifa was on fire and emptied of people and cars. It was like a city at the end of the world. It's possible, though very intolerable, to live under Qassam rocket attack. It isn't possible to live long at all under Katyusha rocket attack.
If this nightmare scenario ever unfolds, Israel will be in a fight for its life. And Palestinians and Lebanese will be killed in horrifying numbers in order to make it all stop. "
"British teenagers have lower IQs than their counterparts did 30 years ago "