*** FUTURE POSTS WILL ALSO APPEAR AT 'NOW AND NEXT' : https://rolfnorfolk.substack.com
Sunday, March 14, 2010
Vote for the Apathy Party
One person's vote is worth c. 1/36,000th of the active voters, and less than 1/60,000th of potential voters*.
Little wonder that modern politics is a matter of computer-assisted psephology, spin and deception.
*Nationwide, the average is 69,935 voters per constituency (2007 Boundary Commission review)
Saturday, March 13, 2010
"Consent has not been given" - the EU and cross-party collusion
_________________________________________________
Email to Nick Clegg MP via his website, 17 February 2010:
Dear Mr Clegg
I was recently doorstepped by your colleague John Hemming MP, now that my address falls into the Yardley constituency, following recent changes by the Boundary Commission.
Mr Hemming asked whether there were any issues I would like addressed, and my immediate response was Europe, and when we would be allowed a referendum on our membership. He referred me to his support for EDM 20 (18.11.2009) and this, coupled with his courtesy in actually asking for my vote and opinion in person, are factors that, ceteris paribus, would persuade me to vote for him in the next General Election.
However, seeing the behaviour of the other major political parties on that topic, Mr Hemming’s stance will be entirely futile if an EU referendum is not also LibDem policy. Can you give me any assurances that will make it worth while to vote LibDem rather than UKIP in 2010?
______________________________________________________
Reply from Douglas Dowell, 10 March 2010:
Dear Mr xxx
Many thanks for your email to Nick Clegg MP. Nick has asked me to contact you on his behalf. I apologise for the delay in responding but I hope you’ll understand that, due to the sheer volume of correspondence that Nick has been receiving, it can take some time for us to reply.
Liberal Democrats understand that EU membership is controversial and that many people have concerns about it. However, we believe that membership is vital to Britain and we would point out that an exit would be very far from cost-free. It is true that countries such as Norway and Iceland, by virtue of their membership of the European Economic Area, have access to the single market without EU membership: but they have to pay for it. EEA countries pay into the EU’s funds, as do members, but have no ability to amend or change the laws which are enacted at EU level except, in theory, an ability to reject outright – which would be a potential occasion for the EU to terminate the EEA agreement. This is no real choice – simply a requirement to implement most EU laws without a vote on those laws. This is not a model Liberal Democrats want for Britain.
However, we also recognise that the European Union has evolved significantly since the last public vote on membership in 1975. Liberal Democrats therefore remain committed to an in/out referendum on EU membership the next time a British Government signs up for fundamental change in the relationship between the UK and the EU. This is the vote on Europe that really matters – not a dishonest vote on any particular treaty, but a chance for the European question to be settled once and for all.
Thank you once again for emailing.
Best wishes,
Douglas Dowell
Office of Nick Clegg MP
Leader of the Liberal Democrats
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My response to Mr Dowell, 10 March 2010:
Dear Mr Dowell
Thank you for your courteous and detailed reply.
Your para 2 gives one side of the argument, which is fine, and I'm sure there are arguments to be made on the other side also. The thrust of my question is not primarily about for and against EU membership; if we had an honest debate and a referendum, I would abide by the result of the people's decision, whichever way it went.
In my view, this is the biggest constitutional shift since 1688. The issue is so great that it cannot be limited to an imprecisely-worded rider to a raft of manifesto commitments and aspirations. The fact is, we haven't been asked and the status quo, half in and half out, is one we have come to without proper democratic authorisation. It is like finding oneself being married by proxy, without banns, vows or exchange of tokens. Consent has not been given.
It is nothing like adequate to promise a vote "next time" there is some "fundamental" change. You will be aware of the ratchet-like legal process that has already commenced, and the way in which EU Commissioners and others find their positions and pensions conditional on their active support of ever-closer union.
From the street, it looks as though all three major political parties have colluded to repudiate democracy, and some would say that the political class as a whole has therefore lost the moral right to claim to represent us. This disconnection between rulers and ruled, together with the growing gap between the financial class and the consumers and workers they have abused, may threaten economic and social stability within the next generation.
I simply cannot use my vote to legitimise any party that refuses me a vote when it most matters. The LibDems appear to take the franchise seriously, with your call for the STV/Alternative Vote, and you have worked hard to build connections with local communities; why so shy of a referendum?
Sincerely
_______________________________________________
No further response yet.
Sunday, January 18, 2009
Monetary policy: chameleon on a tartan
1. It has ordered banks to rebuild their cash reserves, because they loaned out far too high a multiple of what they kept in their vaults. Normally, the way to do this would be to widen the margin between the interest they pay and the interest they charge, making bigger profits that could be salted away; or to become far more cautious in their future lending, increasing the ratio of good loans to bad ones. In a recessionary economy, where many businesses are more likely to fail, this would also imply calling in business loans and trimming their overdraft limits
2. It has called for banks to pass on the full benefit of recent cuts in interest rates, and to maintain lending, especially to businesses.
If (1) is not done, the crisis continues. And if (2) is done, it counteracts (1).
Besides, unless the government nationalises the banks, it's not in a position to force them to do (2). It must know this. Maybe (2) is merely for us punters and voters to hear, not for real action.
As Aeschylus said 2,500 years ago: "In war, truth is the first casualty. "
Evolution Inaction
As early as 1959, C.P.Snow noted in 'The Two Cultures' that engineers and scientists were not considered 'real' academics at universities. That attitude is alive and well still, and the ranks of academic administrations are full of professors of education, philosophy and psychology.
The recent bailouts in the US add another data point. Wall Street, which produces nothing, was given over $350 billion with no conditions, yet the auto industry was raked over the coals for asking for $25 billion in loans.
I don't think that it is a coincidence that the amazing US Constitution was written by men who were not only were versed in the classics, but knew the science and mathematics of their day.
It is a fact that most of the ruling elite in China have engineering degrees, as do many of the business leaders in Japan. The CEO's of BMW and Volkswagon have always been doctors of engineering.
I am convinced that one of the reasons for our current problems is that our social and political structures have not adapted to the Scientific and Industrial Revolutions. While living in imagination may be more fun than being constrained by reality, we need leaders who can make the hard decisions.
Friday, September 26, 2008
Spectator letter is published
"Storing up more trouble
Sir:
Your leading article (20 September) calls for a ‘kick up the backside’ to the banking industry. That kick should be aimed elsewhere. The British and American governments have not merely permitted this crisis to happen, but positively created it by a deliberate relaxation of monetary controls. Worse still, they have now decided that instead of destroying excess credit by asset deflation, bankruptcies and share collapses, the monetary inflation is to be consolidated by absorption of bad debt into the public finances.
I don’t see how this can end well. Some commentators are already saying that, if passed unaltered, the proposed American financial legislation could, once properly understood, trigger a major crash in US financial shares, possibly before this letter is published.
I think The Spectator and its economically savvy readers should put on fresh pairs of winkle-pickers, and gather in Whitehall and Washington for some kicking practice."
Sunday, February 24, 2008
The end of democracy
Wikipedia estimates the world's stockmarket capitalisation at $51 trillion and bonds at $45 trillion. Taken together, in sterling terms, that's about £49 trillion. So in seven years' time, sovereign funds are expected to control 12% of the market. This is significant: you'll recall that and EU countries require declarations of shareholdings at various levels between 2 and 5 per cent (3% in the UK), as seen in Appendix 5 of this document, and anyone owning over 1% of a company's shares has to declare dealings if the company is the subject of a takeover bid.
My hazy understanding of democracy is that it includes two crucial elements, namely, the vote, and the right to own personal property. We're losing both. What is our freedom worth when collectively, governments not only employ large numbers of people directly, but many more of them indirectly, through ownership of the businesses for which they work?
What does the vote matter? Here in the UK, we have had a coup by a small, tightly organised (and unscrupulous, even if and when principled) group who have realised that what matters is the swing voter in the swing seat, and nothing else. "What works is what matters" - a slogan that, superficially, seems simply pragmatic, but actually slithers away from identifying the principal objective: you can only tell if it works, when you know what you want it to do. And under our first-past-the-post system, with constituencies determined (how? and who is on the committee?) by the Boundary Commission, I could vote for the incumbent or the man in the moon, but I'm going to get a Labour Party apparatchik in my ward.
And I don't think the system will be reformed if "the other lot" get in, either: "Look with thine ears: See how yond Justice rails upon yond simple thief. Hark in thine ear: Change places, and handy-dandy, which is the Justice, which is the thief?" Structural issues matter: we are cursed by the psephologists, spin doctors and databases.
And as for property, when sovereign wealth funds go from being the tail that wags the dog, to becoming the dog, multinational businesses will be less concerned to satisfy the local shareholder, who may also be an employee. Big MD (or Big CEO) will have his arm around the shoulders of Big Brother.
We worry so much about wealth, and forget what it's for: not just survival, but independence, respect, liberty. Now, the peasants are fed, housed, medically treated, given pocket money, have their disabilities catered for, their children taught, and their legal cases expensively considered. So many of them are fat, enforcedly idle, addled with drink and drugs, chronically ill and disabled, negligent of their offspring and familiar to the point of contempt with the legal system. Despite (because of) their luxuries, they suffer, like the declawed, housebound cats in some American dwellings.
What matters is what works; these outcomes don't matter, except that they work for a class - which I think is becoming hereditary - that seeks, retains and services power. I have said to friends many times that we are seeing the reconstruction of a pan-European aristocracy, disguised as a political, managerial and media nexus.
The American Revolution was about liberty, not wealth, and it is one of the few major nations where the mice did, for a long time, succeed in belling the cat; there was a period here, too, when Parliament could call the King's men to a rigorous account. Now, even in America, the abstract networks of money and power are turning the voters into vassals of the machine that sustains them. As here, the political issues there will soon be welfare, pensions, Medicare and other elements of the badly-made pottage for which we sell our birthright.
As for Bombardier Yossarian in Catch-22, the first step back to our liberty is to stop believing in the benevolence of the system.