“MPs should not paid wages but loans, like students, because they get highly paid jobs after they graduate from Westminster as a result of attending Parliament. They should therefore pay back the loan they got while in office.”The People’s Manifesto: Mark Thomas and friends’ suggestions for UK political reform – Boing Boing.
Actually that makes sense, it what they expect of students.
Can this be even close to true?
CRimages: Negative Equity by State Q1 2010.
Seriously, it’s madness.
This is a fantastic set of photos. Really show how ordinary these moments really are.
At what point is a journalist no longer a journalist?
How about at this point…
YouTube – Adam Boulton (Sky News) v Alastair Campbell (Labour) – FIGHT FIGHT FIGHT!.
“The official platform for the Republican Party of Maine is now a mix of right-wing fringe policies, libertarian buzzwords and outright conspiracy theories.
The document calls for the elimination of the Department of Education and the Federal Reserve, demands an investigation of “collusion between government and industry in the global warming myth,” suggests the adoption of “Austrian Economics,” declares that “'Freedom of Religion' does not mean 'freedom from religion'” (which I guess makes atheism illegal), insists that “healthcare is not a right,” calls for the abrogation of the “UN Treaty on Rights of the Child” and the “Law Of The Sea Treaty” and declares that we must resist “efforts to create a one world government.”
Maine Republicans Adopt Tea Party Platform | Maine Politics.
First, I need to say that I’m not impartial. I worked at Harrods in the early 90s on the shop floor selling jeans. What a saw was a company trading on an old name to rip off tourists. Therefore, I’m biased.
BBC News – Mohammed Al Fayed sells Harrods store to Qatar Holdings.
So he’s sold it. After a quarter of a century of playing with the toy he’s moved on. I have to say that I’m surprised. I thought that he basically saw himself as inseparable from the shop.
There are some very odd parts to the Al Fayed palace. Including the memorial to Diana and Dodi and I wonder if they’ll stay. However, there is a bigger question; was it a good investment?
From the BBC article…
“Our reporter added that Mr Al Fayed’s motivation for selling was unclear, but the price tag was not inconsiderable in a post-recessionary market.”
Actually, that looks very cheap to me. Remember, there a massive bit of London real-estate in that price.
So from the same article…
“A colourful and controversial figure, Mr Al Fayed acquired Harrods in 1985 following a £615m takeover bid.”
What’s that in todays money?
£1,400,000,000 using the retail price index
£1,350,000,000 using the GDP deflator
£1,980,000,000 using the average earnings
£2,260,000,000 using the per capita GDP
£2,450,000,000 using the share of GDP
It looks to me like Al Fayed has lost serious money from his investment. That the value of Harrods has not kept growth with the GDP of the host country is a massive verdict on his bad management.
Seriously, Harrods is only worth that?
“70% of Americans say they have faced one or more job or financial-related problems in the past year”
70%. But the media has been saying that it’s all over and we’re on the mend.
