Monday, July 11, 2011

Fiddling around with Murdoch while Rome burns, along with Athens, Dublin, Lisbon...

A week ago His Grace posted on a Telegraph article which criticised the BBC for its ‘wall-to-wall coverage on the 24-hour news channel’ and the fact that the ‘Corporation’s editorial big guns have been wheeled out to explore the implications, political as well as commercial’.His Grace would like to retract that article and apologise to David Hughes.

The airtime being devoted by the BBC to ‘Hackgate’, the closure of the News of the World, and every movement and breath of Rebekah Brooks, Andy Coulson and Rupert Murdoch, is indeed ‘overkill’. You’d think there was nothing else happening in the world. No drought in Africa; no royal visit to LA – the sorts of stories the BBC would certainly ordinarily include in its news bulletins if the Corporation did not have a vested interest in blackening the reputation of Rupert Murdoch and frustrating his planned takeover of BskyB.

And what about the on-going euro crisis? Does that not merit a little mention; a touch of investigation; a Robert Peston searing analysis of the political and economic implications?

Judging by the unrelenting BBC focus on David Cameron’s relationship with Coulson, Brooks, and Murdoch, you would think Labour had never sullied its hands with any such association and that the Prime Minister’s judgement were about to bring down the Government or cause a crisis which might deal a fatal blow to his own premiership.

There is nothing, absolutely nothing more pressing in the Prime Minister’s in-tray than the contagion spreading around the Eurozone. Forget the U-turns; forget phone hacking; forget the failure of the ‘Big Society’: the euro crisis really could end the Coalition Government and terminate David Cameron’s premiership. And the BBC is mute. The story doesn’t even appear on the front page of its website. It doesn’t even appear on the page dedicated to politics and economics.

Our leader, President Herman Van Rompuy, has summoned an urgent meeting in Brussels today as it looks increasingly likely that Italy is about to join Greece, Portugal and Ireland (just as His Grace prophesied more than a year ago) in seeking a bailout to solve its own debt crisis. This will not be the end: Spain will follow, and there no possibility that the remaining members of the eurozone could afford to sustain these large economies. The Greek national debt last year was around 143 per cent of its GDP. That of Ireland was 96 per cent, and Portugal 93 per cent (source: Wikipedia).

Italy’s debt was 119 per cent of its GDP, and its credit rating has been downgraded. All of these countries need to devalue their currencies but are locked into the single currency and so fiscally constrained. Unable to set their own interest rates, they have no choice but to raise taxes and cut public spending. Greece is clearly insolvent, and the ECB/IMF strategy is simply to inject liquidity. The strategy is economically unsustainable. But it is not the end of the euro. Oh, no.

In an interview in this week’s Spectator (£), David Cameron said: ‘No one in Britain, however sceptical they are about the euro — and they don’t come much more sceptical than me — should have any doubt about the immense commitment there will be from other European countries to make the euro work. We would be kidding ourselves if we thought somehow they’re sitting around thinking, gosh it’s not going very well, how are we going to get out of this one? That’s not what they’re doing. To them the euro is absolutely central to their vision of their membership of Europe — and they will, I think, do pretty much anything to make that work.’

Pretty much anything?

Greece, Ireland and Portugal have already cost the British taxpayer £12.5bn, at a time of frugal domestic economy and austerity designed to eradicate the fiscal deficit and pay down the national debt. This is, we were told, the raison d’être of the Coalition.

The UK cannot afford to continue throwing money at the problem in the hope (or prayer) that growth and time will bring economic salvation. If the Government’s economic policy has been abandoned, sidelined or subsumed to ‘events’ in Portugal, Ireland, Italy Greece and Spain, we really ought to be told. If not, perhaps the Prime Minister might care to explain why he is pouring our money into a bottomless pit in order to ‘make the euro work’ when our own public services are being cut, wages frozen and taxes increased.

And perhaps the BBC might care to do a little analysis of the issues.

Rupert Murdoch would.

42 Comments:

Blogger Curbishly said...

I understand that the BBC have reported that Judas Iscariot has had his mobile hacked.

11 July 2011 at 10:35  
Anonymous malvoisin said...

If people keep voting for the three main parties who will not, under any circumstances give the people a referendum then they deserve all they get.
I have no sympathy at all, in fact I hope it gets a lot worse it might, just might, make them think before returning any of this shower to power again.

11 July 2011 at 11:00  
Anonymous Jean Monnet said...

The answer is full fiscal union and to remould the EU into a Federation of provinces. It is the only way to save the Euro. If not chaos will errupt in Europe, the EU will fall apart and we shall go back to the dark days of the world wars. Don't forget the Eu was created to stop such savergy and it has done so since 1945. Let us hope that Van Roumpoy is the visionary we all hope him to be.

11 July 2011 at 11:02  
Blogger The Lakelander said...

Still, it makes a pleasant change from wall to wall coverage of Cheryl Cole....

11 July 2011 at 11:07  
Anonymous graham wood said...

Cranmer. Another excellent post on the failure of the MSM and the government to understand political and economic priorities.

Your question is timely and urgent:
"the Prime Minister might care to explain why he is pouring our money into a bottomless pit in order to ‘make the euro work’ when our own public services are being cut, wages frozen and taxes increased."

This is the one central and most important question Cameron fails to answer. Why? No doubt because in secret agreement with Merkel, Sarkozy et al, he has "committed" the UK to the leaky and rapidly sinking Euro vessel.
Apart from the economic lunacy, and the sheer immorality of disposing of £Billions of taxpayer's money at such a time as this to the corrupt EU system, the political fall-out which will inevitably follow, appears to escape this dunce entirely.
Keep asking the questions!

11 July 2011 at 11:07  
Anonymous graham wood said...

Jean Monnet foolishly stated:

"Don't forget the Eu was created to stop such savergy and it has done so since 1945."

Wrong! The EU was created to satisfy the insatiable greed of European politicians for power, via the deception of creating a "common market". The minor theme of European security was certainly there, but subsequent and strong totalitarian tendencies on the part of the EU belie its real intentions. They remain - political power over all member states through the emerging EUSSR with the complicit agreement of successive British governments, including the present amongst others.

Secondly, peace in Europe from 1945 onwards, as every schoolboy knows, was guarenteed by the military capacity of Nato, the Anglo/American alliance, and above all, the nuclear umbrella which resulted in the demise and collpase of the Soviet threat and end of the Cold War.
The EU per se was not even in being in the two decades following 1945 - and even then it had (as now) no military arm!
In any event the EU would be irrelevant in terms of security provision in Europe as democractic nations do not go to war!
Do stop propagating the silly myth that Europe is "protected" by the EU in any shape or form, then or now.
In effect we and and other European nations need protection FROM the embryo fascist state that the EU longs to be.

11 July 2011 at 11:26  
Anonymous Dreadnaught said...

Having spent considerable amounts of time in both Australia and the US in the past couple of years it has made me appreciate more than ever the the sheer quality of BBC output. I am not so enamored with the Corporation to put it beyond criticism, of course they, like all of us benefit from time to time from the rigours of external scrutiny that causes us to question our own personal commitment to truth and endeavour.

I think Cranmer is wrong to only single out for criticism the BBC 24 hour rolling news channel. Sky, ITV, C4 and C5 News are equally guilty (if that is the word), not to mention every single daily newspaper from tabloid to broadsheet who I think, have more to gain from the troubles afflicting NI's media interests in order to deflect any of the undoubted residual fallout when the spotlight evetually settles themselves.

When one considers that public sector broadcasting in many countries though out the world is either in the hands of despotic politicians or has been subsumed by advertising and power obsessed media moguls such as Murdoch or is so bland the no one even bothers to tune in; the BBC still sets the gold standard in my opinion.

11 July 2011 at 11:31  
Blogger D. Singh said...

Your Grace

‘[P]erhaps the Prime Minister might care to explain why he is pouring our money into a bottomless pit in order to ‘make the euro work’ when our own public services are being cut, wages frozen and taxes increased.’

The answer to this is Mr Cameron’s vanity: he does not want to be the person who pulls the plug on the euro. Just imagine being in his position and how historians might judge.

For the sake of his vanity millions of workers, their families and homes are to be sacrificed. The cruel tragedy of all this is that it is they and their children and grandchildren who will pay for this.

The EU elite (bankers, bureaucrats and governments) exist to transfer wealth from ordinary hard-working families to themselves. They can do this because each member state’s government is an intermediary between its citizens and the closed-shop of the EU. That makes each member state’s government no longer a guarantor of its citizens’ civil power: the people cannot dismiss the EU as the people never created it in the first place.

11 July 2011 at 11:43  
Anonymous IanCad said...

I have to agree with Mr. Dreadnaught on this one.
After many years in the US I have to say that the BBC is a national treasure, albeit a little tarnished and tilting to the left.

11 July 2011 at 11:47  
Anonymous bluedog said...

M. Monnet said, 'The answer is full fiscal union and to remould the EU into a Federation of provinces.'

Didn't the French and the Dutch vote against this? And the Irish too, twice with a big bribe the second time so that they didn't notice the poison being fed to them? How would the Germans vote if they were promised the DM and an independent Bundesbank? Dream on M Monnet, its all about to explode in your face.

Mr Graham Wood is right, peace in Europe was the Pax Americana, for which of course the Europeans despise the Americans as unsophisticated provincials.

11 July 2011 at 12:11  
Anonymous Jean Monnet said...

Bluedog :

The people vote as we guide them to &/or until they arrive at the correct answer. The EU is a beacon of hope in an otherwise uncivilised world. If the EU goes,it shall herald the dawn of a new european dark age. Being a normal citizen, you would perhaps not understand this, but we are re-educating people about it even now.

The ever closer union shall survive and nay grow with this current crisis, which is brought about by the greedy banks and feckless Greeks.

11 July 2011 at 12:33  
Anonymous berserker-nkl said...

Graham Wood is spot on about the EU having nothing to do with peace in Europe.

Anyhow what about the Bosnian conflict which killed over nearly four years about 100,000 people!

Europe is costing us an incredible amount of money and yet we hear endlessly about the problem of older citizens and their care in which it is reckoned that a mere £2 Billion would do the trick and yet we spend at least six times that much on a Europe that is socialist riddled and corrupt.

What do we get for that? Oh sorry, delicious old gravy trains and Eastern Euro gangsters.

11 July 2011 at 12:35  
Anonymous Papal Bull said...

M. Monnet has yet to learn learn that irony doesn't always work in print (or blog).

11 July 2011 at 12:46  
Blogger D. Singh said...

M. Monnet: ‘EU is a beacon of hope in an otherwise uncivilised world.’

How, when it is run by the grandchildren of Nazi Germany and Vichy France?

11 July 2011 at 12:56  
Anonymous Anonymous said...

I told you not to mention the war.

11 July 2011 at 13:09  
Anonymous Anonymous said...

"After many years in the US I have to say that the BBC is a national treasure"
Well that's nice!not sure those of us here who were threatened and harassed into providing with our cash all that free overseas BBC service ! and as for the other media they don't get by force 3.6 billion pound yearly subsidy so they don't have to account or fail to do which the BBC is singly good at ! us do they !
BBC we pay but have no say !!

11 July 2011 at 13:30  
Blogger Dodo the Dude said...

Dreadnaught said ...

"I think Cranmer is wrong to only single out for criticism the BBC 24hour rolling news channel. Sky, ITV, C4 and C5 News are equally guilty (if that is the word), not to mention every single daily newspaper from tabloid to broadsheet ..."

I agree with these comments and also with IanCad's.

" ... I have to say that the BBC is a national treasure, albeit a little tarnished and tilting to the left."

11 July 2011 at 13:39  
Anonymous Anonymous said...

Curbishly said...
"I understand that the BBC have reported that Judas Iscariot has had his mobile hacked."

£100k compo on its way then!

11 July 2011 at 13:41  
Anonymous Dreadnaught said...

Anon 13:30
BBC we pay but have no say !!

You have said nothing now even when you have the chance; any way was it not people power that scuttled Ross and Brand?

11 July 2011 at 14:11  
Blogger D. Singh said...

Monnet: ‘The ever closer union shall survive and nay grow with this current crisis, which is brought about by the greedy banks and feckless Greeks.’

Let’s start with the ‘feckless Greeks’.

After 1974 the Greek government had to bring the Leftists on side – so it created a massive public sector (where only one tax inspector was needed, 10 are employed). You get the picture. But in order to sustain this massive Socialist public sector money was borrowed from bankers. The hard-working Greeks in the private-sector knew that a massive socialist public sector could not be sustained – so tax evasion became the norm.

The daily increase in EU directives means that the public sector has to implement and enforce them – that means more public sector officials. Somebody has to pay for them (either hard-working families or money borrowed from banks).

Let’s now address the ‘greedy bankers’ – or how their greed is fuelled by the EU:

‘To understand the real nature and purpose of the bailouts, we first have to understand who really benefits from them. Let’s follow the money. At the risk of being accused of populism, we’ll begin with the obvious: it is not the little guy that benefits. He is being milked and lied to in order to keep the insolvent system running. He is paid less and taxed more to provide the money needed to keep this Ponzi scheme going. Meanwhile, a kind of deadly symbiosis has developed between politicians and banks: our political leaders borrow ever more money to pay off the banks, which return the favor by lending ever-more money back to our governments [with interest – money taken from tax-payers], keeping the scheme afloat. In a true market economy, bad choices get penalized.

‘Not here.

‘This is not just about economics. People feel betrayed. In Ireland, the incoming parties to the new government promised to hold senior bondholders responsible, but under pressure, they succumbed, leaving their voters with a sense of democratic disenfranchisement. The elites in Brussels have said that Finland must honour its commitments to its European partners, but Brussels is silent on whether national politicians should honour their commitments to their own voters. In a democracy, where we govern under the consent of the people, power is on loan. We do what we promise, even if it costs a dinner in Brussels, a “negative” media profile, or a seat in the cabinet.’

Timo Soini, True Finns

At some point this Ponzi scheme, like all Ponzi schemes has to collapse like a set of dominoes.

American bank A loans Brtish bank B loans Greek bank C loans Italian bank D etc.

11 July 2011 at 14:26  
Anonymous Tony B said...

http://www.telegraph.co.uk/news/religion/8626410/Church-of-England-faces-being-wiped-out-report-warns.html

Any comment on this story? Complete;y unrelated to the above but one I thought His Grace might have picked up on..

11 July 2011 at 14:29  
Anonymous MrJ said...

(voice from reputed "chief architect" of the EU, and leg-puller) M. Jean Monnet (11:02, 12:33)

If looking for a visionary: may be Herr Münkler could be of service: "Democratization Can't Save Europe: The Need for a Centralization of Power" Essay by Herfried Münkler (7 July) in Der Spiegel.

But it would be too shocking for some commenters here to be recommended to go there. (Spare yourself this one, Mr bluedog.)

11 July 2011 at 14:30  
Blogger E.xtra S.ensory Blofeld + Tiddles said...

Tony B said

"http://www.telegraph.co.uk/news/religion/8626410/Church-of-England-faces-being-wiped-out-report-warns.html

Any comment on this story? Complete;y unrelated to the above but one I thought His Grace might have picked up on.."

Fear not, my boy and be of good cheer. It is the Lord who establishes and sustains his people and leads the revivals of faith in Him. We are called to pray for His Will to be done.

Thanks for pointing it out.

Ernst

11 July 2011 at 14:43  
Blogger john in cheshire said...

For all the bbc lovers who have posted on here today, if the bbc is so wonderful, let it be privatised and people like me can then choose not to fund it. And you can do so to your heart's content. As for Mr Murdoch. If you don't like what he prints, or broadcasts, then don't read/watch. The man's a businessman, if he doesn't come up with the goods, he goes under. The bbc is a parasite, it feeds regardless of the health of the host.

11 July 2011 at 15:39  
Anonymous Oswin said...

Jean Monnet @ 11:02 :

Tee hee!

11 July 2011 at 15:40  
Anonymous Anonymous said...

Actually, the BBC news website is not too bad. But I do find many of the BBC televison news broadcasters are not worth watching even if it is free.

WLIL

11 July 2011 at 15:53  
Anonymous Greg Tingey said...

I've said elsewhere that Cameron ( & Brown, Blain, Majot, Thatcher) are traitor ....
As for the EUro, well, it looks like being erm, "interesting" in the Chinese sense!

11 July 2011 at 15:57  
Anonymous Tony B said...

"For all the bbc lovers who have posted on here today, if the bbc is so wonderful, let it be privatised and people like me can then choose not to fund it."

The fact that it ISN'T privatised is what makes it special, for goodness sake.

11 July 2011 at 15:57  
Anonymous Anonymous said...

'Greece, Ireland and Portugal have already cost the British taxpayer £12.5bn'

That's not true for Ireland at least anyway. The money lent to Ireland, was paid out to British banks. The Irish taxpayer will have to pay that loan back with interest.

Damo

11 July 2011 at 16:19  
Anonymous Dreadnaught said...

John in Cheshire said
...Murdoch... If you don't like what he prints, or broadcasts, then don't read/watch. The man's a businessman, if he doesn't come up with the goods, he goes under

He misses the point entirely - I suggest he watches 'Citizen Kane' - it may demonstrate what a thousand words will no doubt fail to impress upon his stale, closed mind. On the other hand, if he prefers watching endless mind numbing dross, punctuated with endless advertising breaks then so be it.

As for Murdoch himself, he has already shown how he is prepared to toady to the Chinese Politburo and comply with their immoral propaganda machine if it turn him a dollar.

'Mr. Murdoch cooperates closely with China’s censors and state broadcasters, several people who worked for him in China say. He cultivates political ties that he hopes will insulate his business ventures from regulatory interference'...

http://www.nytimes.com/2007/06/26/world/asia/26murdoch.html

11 July 2011 at 16:36  
Anonymous Voyager said...

War may well resume in Europe. The latest crackpot scheme to raise a Rescue Fund of 1.5 TRILLION EUROS borders on the insane.

Germany is already 3 TRILLION EUROS in DEBT and ordinary Germans have been squeezed for years as Corporate Germany wallows in profits. Now the squeeze is on to transfer Savings, Pension Funds and Assets from German households to German and French Banks via Greece, Portugal, Ireland and Italy.

This is the FIRST generation in German history to have anything to inherit, and it is now being pledged to a roulette wheel.

This will not have a happy ending and looks as if the Euro will destroy postwar European civilisation through mass-impoverishment of the people and enrichment of the politico-financial elites....no wonder those elites in Britain do not wish to speak of it !

11 July 2011 at 16:52  
Anonymous Old Grumpy said...

Is this Jean Monnet a real person, or simply a word processor programmed to spout the eu line in such matters? if the former, it's certainly instructive to realize that such misguided people actually exist, albeit very worying, especially since the way his/her/its script reads is like reading from Stalinist propandanda, totally out of touch with the real world.

Does anyone else note the arrogance with which it's written? We know best, and so we give you what's good for you.

Of course, it could equally well be someone's idea of a wind-up? In which case, ho ho ho....

A close call either way, I feel.

11 July 2011 at 17:21  
Anonymous peter_dtm said...

all those comparing the DOMESTIC BBC with the overseas service - and vice versa; need to know that the reason you can't get the overseas News service easily in the UK is that it is LESS left wing - equally loony ludite watermelon pro EUSSR though; but far less left wing in its output.
Which is why you get the disconnect between those over seas; and those who pay for it.

11 July 2011 at 18:58  
Anonymous MrJ said...

Mr Old Grumpy (17:21)

If an attempt at a cheer-up will not be deemed a wind-up, whatever "Jean Monnet" is up to, Herfried Münkler mentioned at 14:30is a real live menace.

11 July 2011 at 19:42  
Anonymous bluedog said...

MrJ @ 14.30 said, '(Spare yourself this one, Mr bluedog.)'

Thank you, Sir. The complete DVD collection of 'All Gas and Gaiters' will go some way towards calming me.

11 July 2011 at 21:51  
Anonymous Anonymous said...

The hard left extremists at the BBC are very careful which concepts they allow to be debated, on their programs.

They are very reluctant to discuss the Kenyan Government's concerns about Somalian refugees deciding that, 'here' is better than 'there', and henceworth to stay put as Kenyan citizens.

Ding-dong.

Hmmm... we immediately find ourselves in forbidden 'racist' / borders are fascism, and Nationalism is Nazism / BNP territory.

Lefty isn't keen to go there, gets all confuseed about who the 'bad guys' are, due to the colour chart not working anymore, so simply doesn't go there. I heard one item on R4 this morning*, no debate, just a report sent in explaining what a drought is, and how it physically effects people, but no in studio white knuckle debate about the issues at the heart of the matter.

This stance by the Kenyan Government hits all of their panic buttons, but, it's blacks not whites, so they're in a bind.



*Couldn't stomach it all, so thre could have been more, but doubt it.

11 July 2011 at 22:05  
Anonymous MrJ said...

Mr bluedog: All G & G.

How fortunate Robertson Hare was given a further opportunity to entertain us after the Aldwych, afterwards Whitehall, farces had run their course. One in the eye for ageism.

And his Lordship Rix still going strong.

11 July 2011 at 23:21  
Anonymous Anonymous said...

Voyager said...
"War may well resume in Europe."

It has never ended. Just takes different forms in different times.

12 July 2011 at 00:00  
Anonymous Anonymous said...

What is the difference between domestic bbc and overseas bbc if both are dominated by more and more nonwhites agenda? Is it wrong if we in the overseas or domestics do not wish to pay for a bbc that is dominated by nonwhites agenda which we have no confidence and no interest in?

WLIL

12 July 2011 at 01:21  
Anonymous Old Grumpy said...

@ Mr J

Grateful thanks for your kind confirmation that the myseterious M Jean Monnet is in fact....well not actually in fact.

But the basis upon which the note is written is indeed a matter of deep concern, since as you say, this is exactly the thinking behind the eu.

12 July 2011 at 09:27  
Anonymous Charles De Gaulle said...

@old grumpy. Oui, c’est l’Europe, depuis l’Atlantique jusqu’à l’Oural, c’est toute l’Europe, qui décidera du destin du monde

12 July 2011 at 11:59  
Anonymous Jon said...

YG, surely the reason that this crisis has utterly consumed the media is because it's about the media?

Instead of venting spleens at petty celebrities and threatening to expose the peccadilloes of politicians, the press has turned in on itself and lost track of the outside world.

Where you see monoliths like the Telegraph, the Mail and the BBC going to battle over a collective position, I see individuals with axes to grind (or CVs to burnish or protect!)

Members of the media always had a propensity to overestimate their own individual importance. Now there's blood in the water, the feeding frenzy won't stop until they're too exhausted to continue.

13 July 2011 at 11:22  

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