tag:blogger.com,1999:blog-6214838.post8017252857798347706..comments2024-03-04T17:54:32.559+00:00Comments on Iain Dale's Diary: Step Back Vince Cable, Step Forward Peter LilleyIain Dalehttp://www.blogger.com/profile/03270146219458384372noreply@blogger.comBlogger36125tag:blogger.com,1999:blog-6214838.post-57531167634298937522009-03-22T11:04:00.000+00:002009-03-22T11:04:00.000+00:00I think there's some truth in the BBC overselling ...I think there's some truth in the BBC overselling Cable as some kind of independent expert - he can't always be right and, as Portillo has pointed out, Cable is much more a politician than he is an economist - but it must niggle with the Tories that he gets called on so much more than one of their own.<BR/><BR/>I don't particularly think Lilley is all that convincing - he may have said that about the Bank's independence and his comment about what amounted to dumping "control" of the banks on clueless civil servants in the FSA were obviously right - but I've often heard him praising light touch and the frenzy in the Cities when Thatcher and Raegan ended the tiresome old tradition by which retail banks holding our deposits were not entitled to speculate with them in the casino of derivatives and related spivvy products.<BR/><BR/>Can anyone by the way remember a single time when any of our leading politicians of any party suggested pre-2007 that it might not be in everyone's best interests to lend 125% mortgages to people with no hope of paying them back. Or critiqued the spivvy self-certification game?DespairingLiberalhttps://www.blogger.com/profile/02903904463236135611noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-56113282321245879102009-03-22T10:39:00.001+00:002009-03-22T10:39:00.001+00:00Simon Gardner: re ‘Degree in economics.’ . . Up to...Simon Gardner: re ‘Degree in economics.’ . . <BR/>Up to a point. Cable read the Natural Sciences Tripos as Cambridge and got his first degree therefore for completing Part 1 of that Tripos after 2 years before choosing to read Economics Part 1 for his final year. Three years’ residence are required to graduate. <BR/><BR/>This is quite usual. It produces a mind better grounded in the physicality of real things than, say, PPE or the notoriously undemanding Modern History read by his Tory counterpart, though he is still by no means as practical as one might expect [I am one of his activists].rob's unclehttps://www.blogger.com/profile/03001074396029714388noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-66280685505554943942009-03-22T10:39:00.000+00:002009-03-22T10:39:00.000+00:00@ Simon GardnerTedious repetion of irrelevant garb...@ Simon Gardner<BR/><BR/>Tedious repetion of irrelevant garbage.Unsworthhttps://www.blogger.com/profile/08307116169498533047noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-65625183305955962682009-03-21T23:57:00.000+00:002009-03-21T23:57:00.000+00:00“I'm well aware Theresa May coined the phrase.”And...<I>“I'm well aware Theresa May coined the phrase.”</I><BR/><BR/>And you can have a <A HREF="http://www.guardian.co.uk/politics/2002/oct/07/conservatives2002.conservatives1" REL="nofollow">happy time reading it again</A> (from 7 October 2002).<BR/><BR/>Then listen to <A HREF="http://news.bbc.co.uk/player/nol/newsid_7010000/newsid_7015900/7015956.stm" REL="nofollow">Peter ‘bolter’ Lilley’s greatest hit</A> for which he his justifiably still notorious.Simon Gardnerhttps://www.blogger.com/profile/17189501697856123305noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-3314069820035628262009-03-21T23:13:00.000+00:002009-03-21T23:13:00.000+00:00'he got it right when they were wrong' The whole p...'he got it right when they were wrong'<BR/><BR/> The whole point of Iain's original post is that Peter Lilley has been proved to have been entirely right in the predictions he made concerning the changes to the regulatory system in a speech in 1997.<BR/> Of course in the IllibUndems scattergun approach to monetary and fiscal policy they were bound to say the right thing some of the time.Conandhttps://www.blogger.com/profile/18028671462205997161noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-20193008207492439282009-03-21T23:05:00.000+00:002009-03-21T23:05:00.000+00:00Yes, I'm well aware Theresa May coined the phrase....Yes, I'm well aware Theresa May coined the phrase.Conandhttps://www.blogger.com/profile/18028671462205997161noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-66058356019502462122009-03-21T21:41:00.000+00:002009-03-21T21:41:00.000+00:00"So where were you in 1997, Vince? Come on, tell u..."So where were you in 1997, Vince? Come on, tell us."<BR/><BR/><BR/>So where were you in 1997, Iain? Come on, tell us.<BR/><BR/><BR/>So where were you in 1997, OH? Come on, tell us.<BR/><BR/>Making my twin brother a multi millionaire. The bastard. Time for paybackOld Holbornhttps://www.blogger.com/profile/10164491045068093627noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-69907414097038917352009-03-21T19:29:00.000+00:002009-03-21T19:29:00.000+00:00Do 'go away' Gardner and troll somewhere else.Do 'go away' Gardner and troll somewhere else.Goodnight Viennahttps://www.blogger.com/profile/10414174735110327369noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-21931949948102087872009-03-21T18:17:00.000+00:002009-03-21T18:17:00.000+00:00The Canadians kept Strong controls on their banks,...The Canadians kept Strong controls on their banks, the same sort of controls that we had in 1997.<BR/><BR/>Result they have not needed to put a penny into their banks and they now have the best banking system in the world!<BR/><BR/>If only...Unknownhttps://www.blogger.com/profile/06810788783886456639noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-35628782067105657892009-03-21T18:09:00.000+00:002009-03-21T18:09:00.000+00:00Degree in economics. PhD in economics, lectured in...Degree in economics. PhD in economics, lectured in economics. Chief Economist for Shell. Yup - an economist.<BR/><BR/>And lauded for perfectly good non-partisan reasons. Ouch!<BR/><BR/>Face it, he just pisses the Tories off because he got it right when they were wrong (and when the Government was wrong) and because he still is getting it consistently right.<BR/><BR/>How irritating is that? Count the ways [snigger].Simon Gardnerhttps://www.blogger.com/profile/17189501697856123305noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-83454669997919001202009-03-21T17:47:00.000+00:002009-03-21T17:47:00.000+00:00And the Daily Politics and Newsnight?Cable may hav...And the Daily Politics and Newsnight?<BR/><BR/>Cable may have been an 'economist' but now he's a politician. Lauded from the hilltops and with no good reason. Cable blows with the wind.Goodnight Viennahttps://www.blogger.com/profile/10414174735110327369noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-12674318042267212362009-03-21T17:23:00.000+00:002009-03-21T17:23:00.000+00:00Goodnight Vienna said... “Can this be the same 'ec...Goodnight Vienna said... <I>“Can this be the same 'economist' that I'm sick and tired of seeing on every f***ing BBC programme?”</I><BR/><BR/>Yes indeed. <B>And Sky.</B> Don’t forget he’s <B>all over Sky</B> - more so than the BBC.<BR/><BR/>Oh and he is indeed an economist. Used to works as one for <I>Shell</I>.Simon Gardnerhttps://www.blogger.com/profile/17189501697856123305noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-85068360925935263472009-03-21T17:18:00.000+00:002009-03-21T17:18:00.000+00:00Are we discussing Vince Fairweather? The Vince wh...Are we discussing Vince Fairweather? The Vince who 'saw it all coming'? Can this be the same <BR/>'economist' that I'm sick and tired of seeing on every f***ing BBC programme?Goodnight Viennahttps://www.blogger.com/profile/10414174735110327369noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-84162327579289098542009-03-21T15:50:00.000+00:002009-03-21T15:50:00.000+00:00Conand said... “Yes there are many MPs of all side...Conand said... <I>“Yes there are many MPs of all sides who can 'talk sensibly and in a highly articulate manner about the economy.' ”</I><BR/><BR/>Very clearly there aren’t.Simon Gardnerhttps://www.blogger.com/profile/17189501697856123305noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-81408749594344218522009-03-21T15:47:00.000+00:002009-03-21T15:47:00.000+00:00“The Nasty Party” © Theresa May MP (Con, Maidenhea...“The Nasty Party” © Theresa May MP (Con, Maidenhead).Simon Gardnerhttps://www.blogger.com/profile/17189501697856123305noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-11137825025274850672009-03-21T15:43:00.001+00:002009-03-21T15:43:00.001+00:00John “Welsh embarrassment” Redwood - enjoy.<A HREF="http://www.youtube.com/watch?v=RIwBvjoLyZc" REL="nofollow">John “Welsh embarrassment” Redwood</A> - enjoy.Simon Gardnerhttps://www.blogger.com/profile/17189501697856123305noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-73991654844612431142009-03-21T15:43:00.000+00:002009-03-21T15:43:00.000+00:00Cable gets up our noses because if he'd been The C...Cable gets up our noses because if he'd been The Chancellor of the Exchequer the economy would be even more shot than it is.<BR/> I want to talk about 'The Nasty Party' as much as possible, in order to point out what a load of tripe that phrase is.<BR/> Yes there are many MPs of all sides who can 'talk sensibly and in a highly articulate manner about the economy.' They just don't fit the part of an amusing uncle who could be talking b****x as well as Wince Cable.Conandhttps://www.blogger.com/profile/18028671462205997161noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-47090491655878239022009-03-21T13:50:00.000+00:002009-03-21T13:50:00.000+00:00Ece: "Gender - female". Gender can't be female. It...Ece: "Gender - female". Gender can't be female. It is like saying the colour is big.Little Black Sambohttps://www.blogger.com/profile/16699227938165106710noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-63191753386686684102009-03-21T13:47:00.000+00:002009-03-21T13:47:00.000+00:00Simon Gardner: 'John “Welsh embarrassment” Redwood...Simon Gardner: 'John “Welsh embarrassment” Redwood?'<BR/>Scraping the bottom of the barrel a bit, aren't you. (You remind me very much of some one called David Dee, who went ON and ON about Boris "the toff". Understandably, he does not post on this blog, where the opposition might be too much for him.)Little Black Sambohttps://www.blogger.com/profile/16699227938165106710noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-29897632162078355752009-03-21T13:01:00.000+00:002009-03-21T13:01:00.000+00:00It’s highly amusing the way the ubiquitous Dr Cabl...It’s <B>highly</B> amusing the way the ubiquitous Dr Cable gets so up the noses of Tories.<BR/><BR/>It appears he must therefore be doing something right.<BR/><BR/>I don’t believe Labour MPs are any too fond of him either.<BR/><BR/>Fact is Vince “Dr Doom” Cable was consistently and presciently right when Cons and Lab were wrong.<BR/><BR/>He has thus earned a place as the soothsayer amongst TV’s limited supply of coherent and (vitally) nearby and available - Twickenham - talking heads. <BR/><BR/>Do we see too much of Dr Cable on TV news? Sure. Is there any other politico able to talk sensibly and in a highly articulate manner about the economy. No.<BR/><BR/>So get used to it. The poor TV producers aren’t exactly spoiled for choice.<BR/><BR/>Peter Lilley my arse. John “Welsh embarrassment” Redwood? I don’t think so.Simon Gardnerhttps://www.blogger.com/profile/17189501697856123305noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-87136514429080833702009-03-21T12:46:00.001+00:002009-03-21T12:46:00.001+00:00Peter Lilley was rightly one of the absolutely mos...Peter Lilley was rightly one of <B>the absolutely most loathed</B> Tories in the country. The less heard from Peter “little list” Lilley, the better.<BR/><BR/>Unless of course Tories want to remind the nation of the Nasty Party so soon before an election?<BR/><BR/>Sounds of feet being firmly shot.Simon Gardnerhttps://www.blogger.com/profile/17189501697856123305noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-200243979062094212009-03-21T12:46:00.000+00:002009-03-21T12:46:00.000+00:00@ Unsworth said..."For further enlightenment read ...<B>@ Unsworth said...<BR/><BR/>"For further enlightenment read Ms Ece's Blogger profile."</B><BR/><BR/>Lol...thats the longest list of non jobs Jabba has seen in a long time.<BR/><BR/>Makes the OBE, <B>O</B>ther <B>B</B>uggers <B>E</B>fforts, all the more fitting.Jabba the Cathttps://www.blogger.com/profile/08378736389976858775noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-43719299523566957202009-03-21T12:39:00.000+00:002009-03-21T12:39:00.000+00:00For further enlightenment read Ms Ece's Blogger pr...For further enlightenment read Ms Ece's Blogger profile.<BR/><BR/>That was enough for me...Unsworthhttps://www.blogger.com/profile/08307116169498533047noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-83568645659048171362009-03-21T11:56:00.000+00:002009-03-21T11:56:00.000+00:00I was fascinated by the quote from Peter Lilley fr...I was fascinated by the quote from Peter Lilley from the Second Reading of the Bank of England Bill on 11 November 1997<BR/><BR/> A gentleman with 20/20 foresight, not 20/20 hindsight like Dr Cable.<BR/><BR/> trevorsden said: 'Merel - what stuff are you smoking?'<BR/><BR/> I'm no expert but I'm fairly sure it's Crack.Conandhttps://www.blogger.com/profile/18028671462205997161noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-40510710399608256292009-03-21T11:42:00.000+00:002009-03-21T11:42:00.000+00:00Cable only looks good against a background of medi...Cable only looks good against a background of mediocre incompetent twats.johnAKAmarkhttps://www.blogger.com/profile/01716410324636221719noreply@blogger.com