Abject surrender: Fraud office illegally halted investigation into Saudi arms corruption after Government pressure, says High Court. 
Fury as interest rates are cut but mortgages still go up. And people wonder why I hate banks.
Policeman saw recruits being used to rig Zimbabwe votes for Robert Mugabe. People are not as frightened of Mugabe as they were in the past.
We're not wanted by the Iraqis - it's time to go. I have to agree. Let's concentrate on Afghanistan. If our Special Forces want to 'stay and play' in Iraq give them a free hand and let them get on with it.
Friday, 11 April 2008
Light news.....have to go play tractors.
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3 comments:
"We're not wanted by the Iraqis - it's time to go."
Con Coughlin seems to have swallowed much of the mainstream media's bilge about the operation.
Read this interview with al-Maliki and things might appear a bit different.
The area is under the authority of the Iraqis. It was their gig and by and large they did what they set out to do.(With some assistance from the British and US forces.)
Things have clearly changed when a religious cleric of some standing says “the law is the only authority in the country”
Withdraw? You would leave such a magnificent strategic base, and all its oil? Think about it, as long as we have Iraq, OPEC is practically muzzled.
The controlled interest rates are short term ; if these are set very low (which is done by printing money, in effect) investors expect inflation, and long term rates rise to compensate for being paid back in more worthless money down the road.
Generally mortgage rates are thought to be long term. So they can well rise on an interest rate ``cut'' by the central bank. That's a market vote of lack of confidence in the wisdom of the central bankers.
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