Showing posts with label fun with numbers. Show all posts
Showing posts with label fun with numbers. Show all posts

24.1.12

The Left Have Set The Bar

But Lib Dem leader and Deputy Prime Minister Mr Clegg said on Tuesday he was a "strong supporter" of the cap, as were the "vast majority" of people, because it was "fair to say you can't receive more in benefits than if you were to earn £35,000 before tax".


And for one of those rare fleeting moments Mr. Clegg is right.

Still when all is said and done the question I will be asking to my mp Rachel Reeves and what I urge you to ask your own mp and assorted lefties will be this:

If £26,000 is not enough in take-home benefits to support those on welfare then why is it more than ample for a taxpaying worker?

Divvy up that figure into 2 people working and you get a minimum £13k income untaxed that Labour and associated peers say is desperately not enough to support a household; current standard tax free allowance is ~£6.5k for most folk.

So why is it ok to tax twice as much income from a hardworking taxpayer as it is to cap double that in benefits to someone who isn't working?

Blogging light for the foreseeable future; work heavy. Will try to get more in but money and patience in short supply. Stay safe and eyes open!




16.10.11

One Before Bed

Have just finished watching Thursday's BBC Question Time in which Mark Littlewood from the IEA gave an impassioned defence of free market economics in a hall of question time's usual swivel-eyed left-wing lunatics.

What was particularly interesting was the rousing debate on the future of the NHS - it doesn't take much to raise the ire of the assembled state-paid paper shufflers, diversity coordinators & 5-a-day managers.

What was particular interesting was the widespread detachment from reality about the state of our healthcare; it soon degenerated into "no, the NHS's outcomes are better than [insert evil private/any other healthcare system]'s".

He pointed out that he was not going to bite into the usual canard of "you just want the NHS to be the US healthcare system" and pointed to other systems like Singapore's, only to be shouted down saying it was even worse.

Apparently the WHO disagree; it ranks Singapore at #6.

The UK? Number 18.

Emotionalism aside how about we go for reductionist's approach: we simply copy what the WHO's #1 healthcare system is doing: France.


So how does this system work then (note: links wikipedia, emboldened/underlined text my own)?


France has a system of universal health care largely financed by government national health insurance. In its 2000 assessment of world health care systems, the World Health Organization found that France provided the "best overall health care" in the world.[1] In 2005, France spent 11.2% of GDP on health care, or US$3,926 per capita, a figure much higher than the average spent by countries in Europe but less than in the US. Approximately 77% of health expenditures are covered by government funded agencies.[2]
Great so let's spend more money on healthcare! A chorus of praise for this action goes up amongst of Britains established medical monopoly!

Oh wait:

Most general physicians are in private practice but draw their income from the public insurance funds. These funds, unlike their German counterparts, have never gained self-management responsibility. Instead, the government has taken responsibility for the financial and operational management of health insurance (by setting premium levels related to income and determining the prices of goods and services refunded).[1] 
So the government operates a virtual monopsony on healthcare spending just not on healthcare provision ("we are willing to pay this for that treatment"). It also garners the costs back from people in a manner in which they only pay what they can afford, very progressive.
The French National Health Service generally refunds patients 70% of most health care costs, and 100% in case of costly or long-term ailments. Supplemental coverage may be bought from private insurers, most of them nonprofit, mutual insurers. Until recently, coverage was restricted to those who contributed to social security (generally, workers or retirees), excluding some poor segments of the population; the government of Lionel Jospin put into place "universal health coverage" and extended the coverage to all those legally resident in France. Only about 3.7% of hospital treatment costs are reimbursed through private insurance, but a much higher share of the cost of spectacles and prostheses (21.9%), drugs (18.6%) and dental care (35.9%) (Figures from the year 2000). There are public hospitals, non-profit independent hospitals (which are linked to the public system), as well as private for-profit hospitals.
Average life expectancy in France at birth is 81 years.[3][4]
The average, reasonably healthy health consumer has to pay some of their costs, ensuring that that consumer is at least  sensitive to the price of it, either in noticing which way their health premiums are going or how it hits the wallet if they have to pay the difference, and as we know human beings are very sensitive creatures - they want to command the maximum number of high quality goods or services they can with the resource available to them (this is actually the real definition of wealth - getting something more valuable in return for something less; in this case lower healthcare costs for same/better healthcare). Those who can't pay or will have chronic long term costs are fully covered.

And the state doesn't massive intervene in who provides the healthcare.

I think we could with that level of choice too; let's hope that Lansley's tome goes some of the way to providing that. Not holding my breath.

21.9.11

The Best £7 You'll Ever Spend

As I lay in bed recovering from the lurgy I cannot believe many of today's tabloids main stories:

Ministers are locked in battle over a Liberal Democrat plan to splash out £5billion to boost the economy.

As the International Monetary Fund slashed economic forecasts, Vince Cable stunned colleagues by claiming there is ‘flexibility’ within austerity plans for public spending on road schemes, business parks and faster broadband links.

He was responding to an IMF report which said growth will be ‘anaemic’ and warned the world was in a ‘dangerous new phase’, with Britain facing a one-in-six chance of slipping back into recession.
...
However, the proposals for substantial public spending on infrastructure deals – referred to as ‘Plan A-plus’ – are clearly being talked about and the Business Secretary insisted that the Lib Dems were not backing away from the Coalition’s commitment to cutting the budget deficit.


The story is similar across several papers, and whilst the amounts talked about in the grand scheme of things are paltry*, it is indicative of the fatal conceit our ministers have that any problem they have is solvable if you only coat it in paper money and hope it sticks.

Which is why I think we need to remind Osbo the Clown of a few basic economic realities and logic; it is growing increasingly obvious he was more stuck on the PP side of his PPE course when he attend toffee-nose college at Oxbridge-on-sea or wherever and thus is up to us his masters to beef up the E.

Let's send him this, Henry Hazlitt's finest work (the link goes to a free copy for your own benefit). The tome explains in big shiny, easy to understand words the futility of what we have come to know as "Keynesian Economics"** - something we used to originally call "Village Idiot Speak" - it explains eruditely the contrary folly of many types of public spending and regulation in a way even Ed Ballsup could understand***.

Let's do this on some key date in the near future: how about Henry Hazlitt's birthday? November 28th sounds like as good as any date. You could send them a print out of the tome from the link above but it might be more striking if you bought a copy: Amazon are selling it pretty cheap at the moment.

As someone who took part in LPUK's (RIP) 1984 campaign - giving every MP in the last parliament a copy of George Orwell's 1984 with a word of advice not to treat it as an instruction manual - I know that these kind of campaigns work; I'm sure after the first couple of hundred copies Georgie will start handing them out/leaving them in Whitehall loos/propelling them into tue Thames - in any case likely every mp will see one before the years out.

Go on you know it makes sense.

* = incidentally what have they been spending money on if they haven't been improving infrastructure over the last 15 years? WTF are we paying out half our GDP for if they are having trouble keeping the sodding lights on?

** = yes I'm aware that Keynesian economics isn't nearly as simple as that but only in so much as I am also aware that the left-leaning intelligentsia and elites in government essentially treat it as code for hacking the valve off the spending facet.

*** = in fact if you can get hold of 2/3 copies pretty sure Balls and Cable could both benefit from owning a copy.


14.6.11

May I Make A Suggestion About The Scale Of This & Also Provide A Solution To The Homeless Problem?

Via @Old_Holborn on twitter O saw this; a plan to make prisoners work and contribute to society.

Many of my fellow libertarians may identify this with slavery to which I say the following: by and large criminals bought and paid for their proclivities, whether theft, rape or murder*, before they read the fine print - their problem, not society's. That all said I found interesting:

The thinktank suggests the introduction of a new prisoner minimum wage. This would be less than the national minimum wage to reflect the costs of board and lodging but more than current inmate earnings to encourage prisoners to work and save for their release as well as pay into a victims' fund.


What could this "prisoner wage" be? Let's tot it up:

Average cost to house prisoner in the UK: £34,000 (any better references please send me).
National Minimum Wage: £6.08
Salary based on 40hrs @ min. wage.: £12650
Therefore:
cost of prisoner wage = 12650 - 34000 = -21350

So the minimum prisoner wage is actually -£10.26 an hour; they still owe money for the cost of hosting them at our majesty's pleasure: so no wage then, at best, and longer working hours at worst.

And if prisoners don't like it? Tough: that case they can stay in jail indefinitely.

Thus solving the homeless problem as well; live on the street? commit a criminal act, refuse to work, live in prison for the rest of your life.

9.5.11

Where Are They Going With This?

Day off today getting my car cleaned and checked over then into sunny Bradford with my little girl for a day out; one thing picked up this morning from Aunty Beeb concerning cancer rates in homosexual men being higher than their heterosexual counterparts:

Homosexual men are more likely to have had cancer than heterosexual men, as US study has suggested.


Now it easy for a Christian to be tarred with the gay-bashing brush, to gloat over the misfortune of someone with a particular lifestyle - I prefer consistency in my belief in ideological freedom and so won't be doing that; besides I think the following author's comment might provide the clue as to why:

The authors speculate that the difference in the numbers of cancer survivors could be down to the higher rate of anal cancer in homosexual men or HIV infection, which has been linked to cancer.

Jason Warriner, clinical director for HIV and sexual health at the Terrence Higgins Trust, said: "We know that HIV can cause certain types of cancer, and that gay men are at a greater risk of HIV than straight men.

"Another factor potentially having an impact is Human Papilloma Virus, which can lead to anal cancer in gay men.

"The government currently runs a national vaccination programme for young girls, but we think recent figures on oral and anal cancers justify taking another look at whether the programme should be extended to include boys."


HIV is linked to a higher incidence of a cancer known as Kaposi's Sarcoma, which, like Human Papilloma Virus, can potentially cause cancers (in both cases sarcoma, cancers of connective tissues). My contention would be this is less "gay linked" and more an aspect of a person's sexual activity; the village bike would likely die from this family of cancers than their chaste neighbour for example.

This is all contention; what I am curious about is this comment:

Jessica Harris, senior health information officer at Cancer Research UK, said: "There is already evidence of some health inequalities as a result of sexuality, for example, smoking rates are higher in homosexual men and women than in heterosexual people.


I'm sorry, are we saying that the free action of homosexual men smoking is somehow linked to me being heterosexual and a non-smoker? That my not smoking is linked to a homosexual taking up the habit?

I really don't understand this, but if the contention that somehow my not smoking causes homosexuals to smoke, or increased use of nicotine is linked to homosexuality I have to call bullcrap.

This is almost as preposterous as The Spirit Level's authors claiming my rich europeaness causes poverty of a tribal Amazonian who has never seem civilisation.


5.5.11

The Terrifying Reason I'm Saying #Yes2AV Today

In my post yesterday I discussed how PJ Byrne's views on the AV referendum today were only partly right: i.e. it is a question nobody wanted to ask that has replaced several we were all asking, and how he was wrong that an AV system would largely be an irrelevance - let's illustrate the pros and cons of AV; I'll start with con:-

Con
1. It is complicated.
2. It will be expensive; additional layers of complexity always are.
3. It does reward the most "useless" votes/voters the most: you could effectively give multiple votes to a voter intent on the most insane and unelectable of candidate choices.
4. It will lead to more coalitions: this could be viewed as a bad or good thing - in one way endless coalitions mean nothing much can be changed without enormous amounts of horse trading and compromise; however, ultimately the good is that they cannot introduce too many laws straight out of parliament - it will become fast apparent that much of our laws come from the EU which is something a Bory/UKIP caucus is likely to get a referendum on more than a Bory or UKIP minority government.

Pros
1. It does require a great deal more focus of the candidate on their electorate; how likely that will last when the whip comes in to play is debateable.
2. It will be more representable of what voters actually want: 3 in 4 voted against New Labour in 1997, likely a government will come in in 2015 that the electorate will grudgingly accept under AV.
3. .
Pro 3. I believe weighs out all the cons above.
3. There is now a credible link to a desire for the majority of the electorate to select one candidate: any candidate will need 50% of the total number of voters at least agreeing to their representative; for example, look at Ed Balls fiercely contested 2010 constituency of Morley & Outwood:




Let's assume under AV that UKIP vote for the Bory's as a second, the Watermelons vote for Labour and the Lib Dumbs split between Bory and New Labour and the BNP vote for a single preference; my fag packet calculations indicate that no one will win and the election will void; where any candidate to pander for secondaries from the BNP will surely result in alienating other voters leading to the same problem.

This has been portrayed as a bad thing, but think about it for a second - the problem lies in the fact that we are presented with candidates who wield absolute power over the electorate and in most cases we wouldn't be willing to pee on them if they were on fire.

We have abrogated responsibility for our lives to incompetents and fools and wonder why things are going wrong - the least we can do is thwart the system, make it clear that we are not consenting to their rule, as often as possible until they actually start listening; to dictate to as their role demands rather than us being dictated at.

And I think AV gives us a powerful weapon in being able to void elections which in the absence of a recall or NOTA vote we desperately need to restrain the legislature.

My yes vote is not an endorsement of the #Yes2AV camp; it is a statement that the status quo, and of having a firm None Of The Above vote summarily ignored year on year.

And anything likely to deprive Ed Balls of his seat can only be a good thing.

2.5.11

Dem GDP Figures

Yes Chris you still get that shiny fiver once you put in your donate button.

But lets look at these GDP figures closer:

Preliminary figures from the Office for National Statistics showed that in the first quarter the economy merely recouped ground lost from severe snow in December, growing by 0.5 per cent. With value added tax rising 2.5 percentage points to 20 per cent in January, economic weakness was always expected in the first half of 2011.

But the stagnant economy over the past six months will force another downgrade to official forecasts – unless the gross domestic product figures are subsequently revised upwards.

Current UK GDP is £1310 billion, making a 0.5% an increase in £6.55 billion over 3 months.

But compare this to the amount borrowed in March alone according to the ONS:

In March 2011, there was net borrowing (excluding financial interventions) of £18.6 billion, which compares with borrowing of £19.8 billion in March 2010.

£18.6 Billion.

So the government has spent the increase in GDP nigh on 3. times. over. in 1 month.

Yes I know that this isn't an exact comparison; no doubt someone will say the only comparitive is the rate at which we have to pay off the interest on this - life is too short to do those calculations.

But with spending like this, in comparison to the wealth generated cannot be good.

Stop spending our money Osbourne you annoying ass-hat.

15.4.11

Presumed Value

First a quote (emphasis mine):

The real message of the conservative pro-life position is that we're in favor of living. We consider people--with a few obvious exceptions--to be assets. Liberals consider people to be nuisances. People are always needing more government resources to feed, house, and clothe them and to pick up the trash around their FEMA trailers and to make sure their self-esteem is high enough to join community organizers lobbying for more government resources.

- P J O'Rourke

The above quote not only illustrates part of my own beliefs in the pro-life debate but also links in to the next bit below.

I had a tweet exchange with Mr. Murphy on the subject of the minimum wage that went something a little like this (*cues piano*):

Today's announced increase in the minimum wage of 2.5% to 608p is considerably less than current rate of inflation. bit.ly/f1a0H7 (Retweeted by Mssr Murphy)

ME: @RichardJMurphy @Peston yes - where are employer[s] supposed to find the extra money to pay their employees?


@tjerubbaal @Peston if u r paying min wage your staff costs r already state subsidised massively - how much state sub do u need?

This comment came as odd, alien even; on top of enforcing higher rates of pay from employers was the government also subsidising this? How?

To this day I still await an answer from Mr. Murphy, accountant extraordinaire; but, using the magic of twitter, stream of consciousness that it is, I delved into the vast knowledge and "wisdom" of my "zealous" following to invite an answer from further afield.

It appears that being on minimum wage attracts additional "subsidies" in the form of housing benefit and tax credits to make up the shortfall; like Gordon Brown's splurge of tax credits for the middle classes down this seems to me like robbing Peter to pay Peter and Paul a moderate sum back the difference going to paying Humphrey's wage and giving him paper to shuffle, the effect here being to raise the amount of income to an "acceptable" level for those on minimum wage; below is the breakdown of what is available to the average singleton on the new £6.08 minimum wage:



So on a 37.5 hour week at minimum wage of £11856, £483.30 is added as the bare minimum, making their wage up to £12339.30.

Course you then have to take of the tax for that first:

So on an after tax income of £10,424.44 they add £483.30, making the amount those hard-pressed minimum wage earners working under the jack-boot of a top-hat wearing capitalist is £10907.74.

This gets to you by first taking off £876.20 from your wage annually only for you to get a fraction back from the state.

A few things.

Lets accept that we can (not should) guarantee a minimum wage - lets ignore the fact that the labour theory of value has almost certainly been proved a nonsense since it was first mooted (a one word answer as to why it is a nonsense: eBay) - are we really going about it the right way when we tax the pay of those we consider to require subsidy?

Further if we are admitting that the minimum wage doesn't cover the basics, something I'm naive to think if we are going to have should be a pre-requisite, then why bother with it in the first place? Why would you tax any of it? I means that like admitting it should be lower isn't it?

In fact if we are going to buy in full time to the charade that is the state subsidy of workers wages then why not abolish all benefits and fold them into one benefit system?

In a negative income tax system, people earning a certain income level would owe no taxes; those earning more than that would pay a proportion of their income above that level; and those below that level would receive a payment of a proportion of their shortfall, which is the amount their income falls below that level.

Now it could be said that eliminating minimum wage legislation and initiating a Negative Income Tax benefit system doesn't eliminate the possibility that employers will attempt to milk the subsidy for all its worth in order to reduce pay below what they would offer for that role, and you would be right; if employers can reduce wages at another's expense then they will (look at how health and safety legislation and regulations favours the incumbent, larger established businesses, dissuading new entrants to the market); likewise what is to stop someone from doing no work at all and just collecting their pay whilst staying at home? This is of course a dilemma that we face today but with the myriad benefits system, albeit currently the system dissuades people from entering work altogether

One model was proposed by Milton Friedman, as part of his flat tax proposals. In this version, a specified proportion of unused deductions or allowances would be refunded to the taxpayer. If, for a family of four the amount of allowances came out to $10,000, and the subsidy rate was 50% (the rate recommended by Friedman), and the family earned $6,000, the family would receive $2,000, because it left $4,000 of allowances unused, and therefore qualifies for $2,000, half that amount. Friedman feared that subsidy rates as high as those would lessen the incentive to obtain employment. He also warned that the negative income tax, as an addition to the "ragbag" of welfare and assistance programs, would only worsen the problem of bureaucracy and waste. Instead, he argued, the negative income tax should immediately replace all other welfare and assistance programs on the way to a completely laissez-faire society where all welfare is privately administered. The negative income tax has come up in one form or another in Congress, but Friedman opposed it because it came packaged with other undesirable elements antithetical to the efficacy of the negative income tax. Friedman preferred to have no income tax at all, but said he did not think it was politically feasible at that time to eliminate it, so he suggested this as a less harmful income tax scheme.

I would perhaps make it less restrictive on how you retain the advantage offered by your tax-free income, as I laid out here.

And can anyone really claim this would be more expensive to implement? Switching from 50+ benefit systems to one would save money in the long run.

That is of course unless you are a civil servant intent on a little empire building, less interested in what actually works rather than what gets you more unbridled power over the people you deign to serve.

7.4.11

If 6 Were 9

Remember back when the coalition still hadn't markedly pissed off anyone? You know it was sometime in October/November; Osbo had just told us all calmly that DROSSTRAP would be the order of the day - the brakes going on for getting more indebted, with a view to a second term setting a plan to handle all those IOUs under the carpet - Zippy as business secretary was chatting up journalists and briefing against businesses his lefty constituents didn't particularly like; Cameron courageously and heroically arguing down the amount of our government money handed over to an increasing EU budget in this new age of austerity.

This last point, Cameron's first of many backtracks on the EU, thus tune being to push for a halt in it's budget or potentially a decrease, led to a 2.9% increase: equating to roughly £440 million extra in our contribution.

Man, those were the days weren't they?

So what has this budgetary increase now become?

[EU budget increase: £0.45Bn] + [Irish Bailout: £7Bn] + [Portugese bailout: £6Bn] = £13.45 BILLION in additional money's going to the Eurozone.

If £0.45Bn = 2.9% increase that equates to £0.225Bn per 1%; therefore £13.45Bn/£0.225Bn = a 59.77% increase in our net EU contributions.

Looked at another way the average cost of the Lockheed Martin F-35 Lightning "Joint Strike fighter" - those jets we have had to cut the majority of our order of to make up budget cuts - come in based on the Wikipedia pages' figure at about £85 Million a piece.

So we've just given up a potential 158 brand spanking new and shiny fighter jets bailing out the unaccountble Eurozone colleagues an their ambitions for a single currency.

You still glad we got "cast-iron Dave" at the helm? More like pig iron; will crumble at the slightest hint of pressure onto a bed of taxpayers money.

25.3.11

Angry At The Wrong People

Fuel prices have fallen since the Budget, but by less than the 1p cut in duty announced by Chancellor George Osborne, UK-wide research has found.

There was a 0.6p average fall in petrol and diesel from Wednesday to Thursday, the survey by Experian Catalist found.

The 1p cut in duty on petrol and diesel took effect from 1800 GMT on Wednesday.

The Retail Motor Industry Federation (RMI) says many garages will delay implementing the cut until stocks of existing, more expensive fuel are gone.


Aunty Beeb getting mad at those evil capitalist bastards not passing on the whole penny of duty our glorious leaders deigned to bequeath us in an act of infinite grace and generosity

And how much was this value?




Based on the above forecast you get the following percentages:

-57.19p duty = 47.7%
-39.85p product = 33.2%
-17.86p VAT = 14.9%
- 5p delivery & retail = 4.2%

Or to put another way 62.2% of the cost of fuel goes into George Osbourne's pockets.

4.2%.

Vs.

62.2%.

That poor chap who gets your late night beer & rizla run order on your way home walking from town takes just 4p from every £1 you spend on fuel through the week; the government takes 60-bloody pence and positively conflates many of the conflicts that are driving the price skyward.

Aunty Beeb should be ashamed of herself.

24.3.11

Am I Supposed To Be Grateful?

Just did the budget calculator on Aunty Beeb- the results:

The indications are that you will be £110.82 better off.
Breakdown of Difference £
Alcohol £-24.71
Fuel £-32.09
Income tax £+400.00
National insurance £-82.58
Tax credits £-144.80
Vehicle excise duty £-5.00


So, as long as I behave as a mindless automaton, consuming a precise amount of victory gin each weekend and driving nowhere but work and to pick up ever more costly food I can be a whole £100+ up?

And I should be grateful?

Thinking Differently On Tax

Tax legislation, measured by the respected Tolley’s ‘Yellow’ handbook on direct taxes, has mushroomed from two to five volumes since Labour took power in 1997, and from 1,800 to a voluminous 18,000 pages.


I have a solution that would concentrate minds bit:

- all legislation which directly remove monies from people needs to be collected in one place (a government codex, like Tolley's, on taxation if you will), including substance of laws, statutory instruments and regulation.

- Legislation put in place stating the tax law and codex should be written in plain English. Tax calculations should be incorporated in tables on the codex; any calculations should be proofed so they can be done by anyone possessing a GCSE in maths (low bar I know).

- The text format should be one font and one standard size, say 10/12pt for main body text and 8/10pt for notes or indices in arial.

- now the important bit- the codex cannot be any thicker than 1 inch when printed on standard printer paper; if the printed codex fails this stress test it has to be rewritten; no caveats, no separate indexes or additional explanatory notes - just one 1-inch document.


Doesn't matter the content; the government has to justify that at the ballot box, but a more useful exercise long term would be to get successive governments to think how they raise their money and justify why special interest groups deserve tax breaks (in both sense of the word "break").

I wont hold my breath; might be cool to petition government to do this - would at least raise some interesting questions about tax in general.

23.3.11

There Is A Relatively Simple Solution To This

Whitehall departments are still recruiting thousands of staff, official figures revealed yesterday – despite a Government pledge to slash the number of civil servants.

The figures, obtained by former Tory Cabinet minister John Redwood, show that Coalition efforts to cut the civil service payroll are being undermined by continuing recruitment drives in Whitehall.
...
But they have also decided to recruit more than 4,100 new staff – cutting the reduction in overall headcount to just two per cent.


Leviathan is still leviathan, even in it's current vulnerable, flaccid, porcine state; it is unlikely to relinquish all that NuLabour cash easily.

This is, of course, only possible because the civil service, abetted by lazy, profligate mps, have wrapped their incoherent babble (let's call it mandarinese for posterity) around what should be some pretty simple public service roles to the effect that they are no longer simple and no longer a service; bins go un-emptied but are searched for rogue bits of recycling by council jobsworths; chronic, entrenched welfarism is trapping generations in poverty, while the newly unemployed are starving for want of benefits.

Good managers are first and foremost accountable to those they serve; brilliant managers understand this and make their staff likewise upwardly accountable but not proscriptive enough to stifle innovation. If Cambo wants to alter things for the better and put pay to this sort of fannying around he couldn't go much worse than this: ask each minister what their department should be doing and what it is actually doing in plain English; if he doesn't know fire him. Once he knows what they should be doing they should have their mandarins look through their whole budget and wind down any area not pertaining directly to those goals laid out by the minister. Once this has been done the report should be looked over by the minister, clearly stating the costs and price tag; The treasury should scrutinise the budget at this point too.

Once this is done we come to the final stage: the whole budget should be ratified by parliament with objections noted. The report and ratification notes should then be made available online for public scrutiny.

This should be the basis of what we vote for our mps on; how they insist they spend our money and what goals they do and do not support, and whether they are whipped by party politicos or if they bow to their constituents mores.

Carrying on in the vague way we are going isn't helping anyone.

6.3.11

Somethings Got To Give

Protesters warned of a fuel price ‘crisis’ last night after the cost of unleaded petrol hit £1.40 a litre – £6.37 a gallon.
Campaign group Fair Fuel UK said that the price charged at a BP garage in Kent was the highest so far in Britain.
The forecourt on the M2 near Rainham, Gillingham, was also selling a litre of diesel at £1.44 – about £6.55 a gallon.


This is a product of monetary inflation and the events in the Middle East.

Oh, as will no doubt be pointed out by the various useful leftist idiots, by Osbourne's Declining Rate Of State Sanctioned Theft Re-Appropriation Programme (DROSSTRAP as I'll now refer to it as in the future; in a nutshell taking more from us at a slower rate of increase).

However, I for one see that the DROSSTRAP's only problem comes down to the ideological diarrhoea epidemic at the core of the coalition; how they proselytise on personal freedom yet introduce more regulations than ever before, how they talk about rethinking what government should do then completely botch the so-called bonfire of the QuANGOs, the technocrats expanding such areas of proscription.

I have heard many figures as to the percentage cost as tax for petrol; the figures below are just one estimate taken from here.

Unleaded: 64%
Diesel: 62%
LPG: 63%

Or for ever pound you spend at the pump 62-64 pence finds it's way into the coffers of the state.

Or an effective tax rate of ~125%.

Hands up who think thats reasonable?



4.3.11

Barnsley Central: A Victory For N E Bodyelse (NOTA)

Labour have won the Barnsley Central by-election, while the Lib Dems slipped to sixth in the South Yorkshire seat.

UKIP, the Conservatives, the BNP and an independent all finished ahead of the Lib Dems, who came second in the seat in last May's general election.

Lib Dem candidate Dominic Carman said his party had been given "a kicking", while Labour's victorious Dan Jarvis said it was a message to the coalition.

The seat's previous Labour MP was jailed for fiddling his expenses.


The votes as reported by Aunty Beeb:

By-election results

Dan Jarvis (Lab) 14,724
Jane Collins (UKIP) 2,953
James Hockney (C) 1,999
Enis Dalton (BNP) 1,463
Tony Devoy (Ind) 1,266
Dominic Carman (LD) 1,012
Kevin Riddiough (Eng Dem) 544
Howling Laud Hope (Loony) 198
Michael Val Davies (Ind) 60

Lab maj 11,771: Turnout 36.5%


And the votes as reported by me, or to put another way as they are, complete with the real percentage voting:

N E Bodyelse (NOTA): 42,135 (64%)
Dan Jarvis (Lab) 14,724 (22%)
Jane Collins (UKIP) 2,953 (4%)
James Hockney (C) 1,999 (3%)
Enis Dalton (BNP) 1,463 (2%)
Tony Devoy (Ind) 1,266
Dominic Carman (LD) 1,012
Kevin Riddiough (Eng Dem) 544
Howling Laud Hope (Loony) 198
Michael Val Davies (Ind) 60
Lab maj 11,771 (18%)


The top bods in this one horse race rely on the None Of The Above party's non-participation.

If you don't vote, heck, don't even spoil your vote to register your discontent, you have no right to complain about what these bastards do in your name.




3.3.11

What Happens If They Fail?

Thousands of children have taken GCSE-style exams which teach them how to claim unemployment benefit.
...
Its material states: ‘Find out what benefits you are entitled to if you are unemployed’. It also teaches how to ‘obtain information’ from ‘using the telephone’, the ‘internet’ or ‘newspapers/magazines’, and even how to ‘host a tea party’.
...
Another course, the level 2 Certificate in Preparation for Working Life, was taken by 29,689 pupils and is worth half a GCSE. It includes a compulsory section on ‘hazard identification at home, on the roads and at work’, which involves a required understanding of ‘self-concept’.





Unlikely I know; if you are really struggling at 15/16 with the concept of oncoming traffic, faulty sparking electrical wires & whether or not bleach is a decent mixer for Red Bull then I'm sure you would likely be on the receiving end of another award entirely.

God help us all.

There's a phrase that comes to mind the TV series The Wire: "duking the stats"; never has there been more brazen efforts to do just this than British Education.

19.2.11

Isn't This A Good Thing?

Mr Diamond explained in his letter that the amount of corporation tax paid by Barclays was a result of it being able to reduce its bill due to "UK losses brought forward principally arising from credit write downs".

Most of these credit writedowns are understood to be related to losses Barclays made on holdings of US sub-prime debt securities that crashed in value.

Under UK tax law, companies incorporated in Britain are legitimately allowed to write off losses against their tax bill.


Without even getting into the moral or ethical issues surrounding whether there is any legitimacy in calling for corporation tax (remember: all you are doing when claiming tax of a legal persons is depreciating real wages for real people working for "them") there is something for all those #ukuncut idiots to consider.

What Barclays have done is absorbed the difference in value created by the property bubble and credit crunch into their taxable income and profits; in effect detoxifying the debt.

They have done this through a legal tax-reduction method that behaves like a tax cut which improves profitability whilst simultaneously removing some dangerous inflationary credit from the system.

All this shows is:

1. That tax-cuts, convoluted or direct, promote growth & profitability.
2. Tax-cuts detoxify debt by removing false price signals from a market.


And this is a bad thing?



4.2.11

Self Control's The Way To Go




That, or we start handing these out at chemists.


I once went to University and studied chemistry which I enjoyed, but quite frankly, was rubbish at; where you to ask me about some deeply complex chemistry theorem I would most likely look agog at you.

Despite this a fine blend of hubris, ego and lack of self-awareness (or honesty perhaps?) led to me taking my 2:1 Masters degree as evidence I was capable of a PhD; I was to move onto asking new questions rather than answering older ones.

Whether this would have proved I was the idiot I know I am now or not will never be answered, because it was during my first year that my parents teetering marriage finally went overboard and my entire family went mental (a story for another time), not least myself , newly married being unable to cope with becoming father (I'm the eldest) to my siblings whilst the original buggered off to mid-life crisistania whilst Mumra took off to De-Nileism.

Why am I telling you all this? Because, fearless reader I believe there is some relationship between what is happening in scientific "research" today in many fields and how my family behaved (behaves).

Lately science has become less about discovering new things and more about avoiding tricky questions that challenge old rules; my folks tried this for years to everyones detriment and it was once reality finally settled in that things that could've been cordial and polite became destructive and heartbreaking.

This looks like one of those questions scientists have been trying to avoid:

The drive to give free morning-after pills to teenage girls has failed to cut underage pregnancies.
Schemes to offer over-the-counter emergency birth control to girls under 16 have simply encouraged youngsters to have more unprotected sex, damning research found.
In doing so they have fuelled a rise in sexually transmitted diseases.
The findings are a blow to public health chiefs who have argued that handing out the morning-after pill cuts schoolgirl pregnancies.
Family campaigners seized on the research as more evidence that the problem of teenage pregnancies needs a ‘moral solution’ and not one based on dishing out drugs.


Now trying to at least retain some vestige of the scientist within
I decided you use some academic contacts to get a copy of the unreleased paper; this was a Fairly Pale story afterall, only to find that the authors had tried their hardest to back up their claims with several layers of statistical formulae - none of which really detracted from the overall picture the results painted; the evidence may not be on a par with truly empirical observation due to the small numbers involved, but it is compelling.

And it makes sense; people respond to incentives and if you offer them the opportunity to experience something in a little more pleasurable a manner to which the uninformed (or, if Dwayne really was lying to you and did sleep with the town bike, Dwaynerita, the lied to) see as having little cost associated with the action but to take 10 minutes out of their Trisha and Jeremy Kyle watching and pop down to the chemist's.

Knowing several teenage single mums I can see why the results are not as black and white as the Fail would wish (if not for their desire to beef up the rhetoric in the article mind); some rise to the challenge of parenthood admirably and make good with their lot - others not so much. How these 2 groups measure up is beyond me and I will leave it to Proffessor Paton, his group and others to ascertain.

One thing I am convinced of; these children ultimately have no father; they are the States progeny - having torn out the heart of personal responsibility by effectively subsidising baby-making they are now reaping all the unintended consequences.

And once one uncomfortable question is asked, the rest come tumbling out.


26.1.11

Prediction For Economic "Growth" In The Next Quarter: Someone Should Slap George Osbourne. Hard.

With the economy shrinking in the last quarter, and many Labourite apologists claiming this as a victory for #ukuncut and other bunkum, I felt obliged to try my hand at predicting the economic movements in the net quarter.

This downturn has, in my opinion, quite lazily been blamed on the horrific snow we had over Christmas, which, if so, Lays firmly at the door of the MET office; logic dictates that if the MET office couldn't find their arse with both hands today then how can they effectively predict it's location in 20-50 years time?

Judging from the continued support of this laughable woo-QuANGO by the big wigs in Whitehall I think that they don't even believe that is the full sort.

So, that said let's try my theory.

I work for a large company; in order for it to survive in the good times it's needs to plan effectively and release new products encouraging innovation and growth; new products are planned years in advance with a view to material ordering and customer needs, but with enough wiggle room to adapt to changes in demand and culture.

All good business, businesses that survive downturns, do this.

Now Georgie boy pre-announced the increase in VAT; a good thing (the announcement, that is) - as a result manufacturers thought "demand for our product will drop with rising prices, therefore we cut production, staff and sell up unnecessary capital", banks thought "lots of additional capital on the market; let's sell it to foreign nationals, then rinse our savers so we can get a bonus and retire to our portugese villa. Job done." whilst our politicians engage in a lot of mutual back slapping that they are saving public sector jobs and the EU project with our money.

However, companies would have encoded the VAT rise into their calculations months before; more than likely before even George knew about it- the result? Fewer goods produced locally, fewer jobs, exports and thus a drop in the growth of the economy.

Thus as this has been encoded into good businesses plans now my prediction is that growth will continue to be negative until it bottoms out to meet internal and external demand; in all likelihood the next time this will be a 1% contraction rather than 0.5 (if were lucky.

This is not a call for faux-Keynesian pump-priming of the economy - if anything it prove what geniuses, or as most people will choose to remember them, a devious shit Gordon Brown and Ed Balls truly were was; his strategy of QE and bank bailouts pumped money into the economy when it was in free fall just in time to see Labour coast to a mild loss at the 2010 General Election and put a damp squib on the Tory's already touchy-feely squibishness and chances at a stable Bory-only majority, all in time for the other big two in their happy clappy coalition to reap the rewards of the dead cat bounce.

No if anything it is a call for Osbourne to lead where Euroslime Dave is sore to follow; bringing about real reform to the public sector starting with drawing a line in where it is stable, and currently at over 50% of the economy, stable it aint.

Best economic advice you could give George if you see him in the street? A cold hard slap, telling him to set departmental budget rather than let the cabinet fanny around with them to electoral oblivion.

17.1.11

Theft Is Not A Source Of Income




Danny Alexander: "Might as well leave your wallet on the table and piss off, prole."


Yet again we have our assumed lords and masters getting this accountability thing all mixed up again:

Families were warned last night there was little prospect of a lifeline on fuel prices – despite repeated pledges from David Cameron.
Treasury Chief Secretary Danny Alexander said his department would not ‘sacrifice income willy nilly’ to help out motorists.


Words really do fail me they do; "sacrifice income"? WTF did you do to deserve it?

He did reveal, however, that the Treasury was pushing ahead with a pilot scheme to offer discounted fuel to rural communities in the Scottish Highlands, which could extend to his own constituency of Inverness.


So yes we are all about to be nipple-twisted till they're blue, just as long as those mp's with their mitts closest to the till (or should that be swag bag?) swipe a little extra for their own vested jockanese interests.

The Liberal Democrat minister said: ‘The biggest economic problem facing every household is the deficit. If we come off that deficit reduction plan, the risk to the country would be truly huge, so that has to be the first priority.’


This governments predilection for scapegoats is no less hungry than the previous ones; it us very easy to blame New Labour for the deficit but let's review:

• Does Osbourne's plan see a reduction in public spending? What? Spending increases over this parliament? Moving on-

• Did Cameron, or any other Bory leader for that matter, mount a credible offence against these insane spending sprees in opposition? What? They said they'd match Labour's spending? so no then.


None of the big three parties offered any credible alternative to Labour's spending spree; tapering off the deficit over several years is the equivalent of skinning a man with a potato peeler; better just to cut the damn limb off ad cauterise the wound.

His comments came as Energy Secretary Chris Huhne acknowledged that rising fuel prices could ‘potentially have devastating effects on employment’ – but said fuel duty should be kept high in the long term for environmental reasons.


So when there not responsible for drowning people, destroying their homes & livestock, they are intent on taking extortionate amounts of money with menaces from us in homage to the widely discredited green religion.

Let me be frank: Dave and his merry band of political thieves are stealing your money; if they are not keeping interest rates intentionally low resulting in a transfer of wealth from savers to bankers bonuses and spenders they are dallying around real issues which are quickly destroying their credibility dealing with making life easier (preferably by pissing off out of ours).

Tax should be a means of accounting for negative externalities; if polluting the air from burning fossil fuels is bad then yes charge us, but can you honestly say this externality accounts for 60% of the price?

I can even, grudgingly, accept budget deficit costs being internalized; I'd like that to happen so our generation pays for it's mistakes, then we could see Red Milliband try to weasel out of that and explain why it should be our children.

Actually yeah - I want that tax emblazoned on everyones pay slip monthly in luminous yellow script just to drill the point home.

Just stop taking money for no better reason than because it's a good source of revenue; we don't expect that rationale to apply to burglars and thieves when they get put in prison.