We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.

Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]

Cameron’s Falklands moment

These riots could be Cameron’s Falklands War. That’s what just occurred to me, as I was watching my television, as the arson and rioting spreads throughout London and beyond.

Some man on the telly – I don’t know who or what he was – has just said, very uneloquently, that we are about to learn what David Cameron is made of. His decision concerning when to come home from his holiday (arguably he left it far too late), in Tuscany, will pale into insignificance beside the decisions that he will have to make in the course of the next few days.

Enoch Powell said something very similar of a previous Prime Minister, a great deal more memorably, at the time of that earlier war. You can read here what Powell then said, if you scroll down to the bottom of the page:

“The Prime Minister, shortly after she came into office, received a soubriquet as the ‘Iron Lady’. It arose in the context of remarks which she made about defence against the Soviet Union and its allies; but there was no reason to suppose that the Right Hon. Lady did not welcome and, indeed, take pride in that description. In the next week or two this House, the nation and the Right Hon. Lady herself will learn of what metal she is made.”

Nobody has ever made any such observation about David Cameron, or not in my hearing, but a similar examination of him is now about to occur.

It could actually be the making of the man. But then again, …

Alas, this kind of thing is the Health of the State.

LATER:

Labour politicians and spokespersons are out in force, if only to make it clear that they too are against it all. Smart move. The trick in these situations is to blame your political opponents, but without seeming to blame your political opponents.

Kevin McGuire, a journalist close to the previous political regime, has just said something rather more memorable:

“If he comes back from holiday, and it makes no difference, what’s the point of having a Prime Minister?”

In other words, if he makes no difference, we should have a different Prime Minister. As indeed we should. Nicely put.

An MP belatedly repents her vote for the smoking ban

Writing in today’s Times behind a paywall, Natascha Engel, Labour MP for North East Derbyshire, relates how she stood in the rain outside a miner’s welfare hall smoking with a angry but partially mollified constituent.

…he told me about his father in law who used to come to the welfare every night and spent all evening drinking one pint of Guinness. He was a chain smoker. Since the smoking ban he’s never been back.

“He’s can’t stand outside in the rain like this. He’s an old man.” He told me about how his father-in-law never goes out any more. “He’s lonely and miserable. And he still chain smokes.”

Natascha Engel now says that, given the chance again, she would not vote for the ban. It is good that she has the empathy to see and the courage to state that the reason the smoking ban is wrong is that it makes people more miserable than they would otherwise have been. Just that. That is reason enough. Arguments about health are very interesting, and I have no doubt that the dangers of passive smoking have been exaggerated, but the fact that an old man has had the solace of smoking in company with his friends denied him trumps all that. I do wish Ms Engel had been able to perceive this at the time when her vote might have done some good, but better late than never.

The problem with the riots in London…

The riots in London over the last couple nights can be condemned as assaults on private property by predatory opportunists. That much is easy.

What is rather harder is commenting on what sparked them off and I have felt no urge at all to swiftly form any opinions.

The police say the dead man was shot after shooting at a policeman and that said policeman’s live was saved by the incoming round lodging in his radio.

Well… is that true or is it a self serving fantasy to exonerate the use of deadly force by the police? I have no idea. But in the aftermath of the Jean Charles de Menezes killing, where just about every single ‘fact’ provided by the authorities turned out to be either mistaken or a total fabrication, quite simply how can anything said by the Met be taken at face value until it is corroborated by multiple sources?

Was this a ‘righteous shoot’ of a gangster who fired first or another cack-handed murder by the state justified by a flood of lies?

Only time will tell and my unwillingness to give the police the benefit of the doubt is entirely the fault of the police’s handling of the appalling Menezes affair.

On that jobless “recovery”

This paragraph from a good posting by Victor Davis Hanson, at the National Review’s Corner blog, applies not just to the US, but also to the UK:

“The strangest thing about the current paradox of cash-flush companies and little or no economic growth is the administration’s puzzlement over the lethargy — as if no one outside Washington ever listened to what the administration has said or noticed what they have done the last three years.”

Exactly. I’d also add to VDH’s list of things that have stymied recovery: the still-lingering and damaging impact of the Sarbanes-Oxley law on things such as initial public offerings and the foolish FASB tampering with share option payments that have crimped venture capital startup businesses. (I can, by the way, recommend this book by Dale Halling about why US entrepreneurship is stalling – it controversially argues that a key problem has been the erosion of patent law in the US, an argument that is bound to get some libertarian opponents of IP excited).

VDH’s points apply in Britain, too, such as what he says about demonisation of some businesses, as well as things like bailouts, Green regulations and so on. Of course, a key problem here is the European Union and all the red tape that comes from that.

Regime uncertainty, if I can use that term, is a big problem. We have a tax authority (HMRC), given the power to decide, as it goes along, what constitutes tax “avoidance”, so that avoidance is now seen as wrong, as is tax evasion. This relates to a wider problem of uncertainty. Even the daftest tax laws are more tolerable if they are predictable. The problems get even worse, though, if officials have the ability to retrospectively decide that this or that business practice is wrong and should be shut down. Our tax code remains one of the longest and most complex in the world.

We need far fewer laws, and those that remain should be simple, easy to understand and enforce. Sometimes though, doing things the simple way seems to be so hard.

Let’s not forget a media organisation funded via a tax

I imagine that even we hardened watchers of public affairs are getting a tad bored by the Murdoch/phone-hacking/police corruption affair, but an angle that is starting to gain some ground in the last few days or so is just how biased the BBC has been in its coverage. There is, of course, a website, Biased BBC, that tracks the failings of the BBC. As a state-licensed broadcaster in receipt of a licence fee collected on pain of imprisonment, the network has a status, and a presence in the media world, almost unlike any other. (I often have to explain to my American friends how the BBC is funded: they are frequently shocked when they find out).

Stephen Glover at the Daily Mail has a particularly good item on just how biased the BBC’s coverage of the Murdoch business has been. And here is a good item by Charlie Cooke at the National Review’s “Corner” blog.

When all is said and done, News International and its sister businesses do not send me a letter demanding that I pay for its services and products with a threat of fine or worse for non-payment. That fact needs to be pointed out more than it has been. The BBC needs to be broken up more urgently than any other media business.

Is Britain about to shrug off David Cameron?

When I first began to read that David Cameron could soon be toppled by all this News of the World stuff, I was amazed, just as I was amazed when I first heard about the News of the World itself being shut. I still don’t know how badly Cameron is threatened, but if he is threatened, he has only himself to blame.

Cameron got the job of leading the Conservatives because enough of them thought that he would make a satisfactory Blair the Second, to replace the original. The question was, remember, during the Blair years: How shall we spend all this money? The answer was: nicely. Blair is the answer to the question: What sort of chap do you want your daughter marrying? A nice one, that’s what sort.

But well before Cameron became (only just) the Prime Minister, the questions had all changed, from being about niceness to being about what the hell was happening and what the hell should be done about it. Yet Cameron exudes no sense of crisis. On the contrary, he makes a point of not doing so, of suggesting that all will be well provided we don’t panic and just carry on carrying on, when in reality the situation is very troubling and getting worse and worse by the day. It’s as if Stanley Baldwin was still the Prime Minister in 1939.

I have a friend whose take on Britain’s political party leaders has been an infallible guide to their success or failure, during the last two decades or so. Blair? Nice one. Major? No. Hague? Thumbs down. The next bald Conservative chap, ditto. The next Conservative bloke – Howard was it? – ditto again. Brown? A definite thumbs down. But Cameron? I remember particularly asking her about Cameron. What do you make of him?

Shrug. → Continue reading: Is Britain about to shrug off David Cameron?

Samizdata quote of the day

“Revulsion, however justified, is a dangerous counsellor.”

Bruce Anderson, on the continuing saga of Rupert Murdoch. A good article overall, somewhat spoiled by a daft remark about Australia.

Steve Baker MP on how the IFRS makes bankers behave badly

Steve Baker, the MP whom we here actually rather like, has a piece in the latest Jewish Chronicle, which makes what seems to me like a very important point. I have this point alluded to vaguely, but never spelled out. It is that the outrageous behaviour of the merchant banking fraternity in recent years is as much a product of bad bank regulations as it is of mere capitalistic greed.

It being the Jewish Chronicle he’s contributing to, Baker alludes to some scales that are criticised at the beginning of the Book of Proverbs, Chapter 11 (which American readers may consider rather appropriate, what with the times we (and they) are now living in).

The particular rules that Baker zeroes in on are the accounting rules that define profit:

Among other problems, IFRS accounting rules incentivise trading in derivatives by enabling unrealised, perhaps fake, profits to be booked up-front, leading to large but unjustified bonuses and dividends. They grossly inflate profits and capital and discourage banks from making prudent provision for expected loan losses. They also discard the time-honoured principle of prudence embodied in UK company law. In doing so, IFRS gravely weakens the audit function and the vital check it imposes on bank management. This undermines effective corporate governance in banking. The upshot is that IFRS makes bank accounts highly unreliable; no-one has a true view of our banks’ financial strength. All this contributed greatly to the financial collapse. IFRS made banks appear more profitable than they were. This led them to imprudent expansion, to payments of bonuses they could ill afford to make and to inadequate provisioning for likely losses.

I am not qualified to second guess Baker on this. But I do know, as a general principle, that when one observes something going wrong with the world, one should not immediately assume that yet more laws and regulations are needed to curb whatever it may be. Rather, one should ask what laws or regulations – laws or regulations already in place – are causing or at the very least greatly exacerbating the problem in question, and should accordingly be got rid of.

Reactions to the end of the News of the World

Well, the reactions to the decision by Rupert Murdoch to shut the News of the World, and try and halt his empire collapsing, continue. Fraser Nelson, editor of the Spectator, used to have a weekly column for a paper once known as “News of the Screws” (for non-Brits, this paper was obsessed by the sex lives of the rich, powerful and celebs). Nelson has thoughts about it at the Spectator’s own website. I think he gushes a bit too much and as the comments suggest, readers are not happy at Nelson’s defence of much of what the NoTW stood for over the decades. But never mind that. The great thing about the Spectator commenters is that they are often splendidly barmy, if not quite as consistently rude as over at the Guido Fawkes site.

This one, by a “David Lindsay,” wins the prize for me. I quote it all, for its genuine insights and wrong-headed, state-worship of a kind that might make an old Soviet functionary blush (although it is entirely possible that Lindsay is a certain kind of “High Tory” who sentimentalises working class life). This comment reminds me of a piece of dialogue of that brilliant Peter Sellers film, “I’m All Right Jack”, when Sellers, playing the union shop steward constantly at loggerheads with “the bosses”, is praising life in Stalin’s Russia. Take it away, Mr Linsday:

“In the farewell souvenir edition [of NoTW ed], it was heartbreakingly easy to trace the decline in the writers’ educational and cultural expectations of their readers. Murdoch is not solely to blame for this. But he is hardly blameless of it, either.”

As the praise for the News of the World from George Orwell on its own final back page indicated, this was a paper of the wider culture of working-class self-improvement underwritten by the full employment that was itself always guaranteed, and very often delivered directly, by central and local government action: the trade unions, the co-operatives, the credit unions, the mutual guarantee societies, the mutual building societies, the Workers’ Educational Association, the Miners’ Lodge Libraries, the pitmen poets, the pitmen painters, the brass and silver bands, the Secondary Moderns (so much better than what has replaced them, turning out millions of economically and politically active, socially and culturally aware people), and so much else destroyed by the most philistine Prime Minister until Blair, who in her time as Education Secretary had closed so many grammar schools that there were not enough left at the end for her record ever to be equalled.

For the first hundred or more years of its domination of the Sunday market, that domination coincided with a high degree of weekly churchgoing in this country. Its strongly working-class readership must have contained a well above average proportion of what are now called traditional Catholics, but in the days when there was no other kind.

Well, with no more competition from what the News of the World lately allowed itself to become, why not one or more People’s Papers again, affordably hooking people in with a bit of entertainment in order to educate and inform them on the premise that they deserve nothing less than the human dignity and respect of education and information? Central and local government, the trade unions, the co-operatives, the credit unions, the mutual guarantee societies, the mutual building societies and the Workers’ Educational Association all still exist. Just for a start.

What are they doing “to give to the poorer classes of society a paper that would suit their means, and to the middle — as well as the rich — a journal which due to its immense circulation would demand their attention”?

I loved the patronising lines about brass and silver bands. I wish Peter Sellers were still alive now; how he would have loved this sort of comment and used it for his material. I am not sure if Mr Lindsay would get the joke.

Another great quote for the day

“Poor old Dave, he tries to mix with some common folk and look what happens.”

A commenter, “Percy”, at the Spectator’s Coffee House blog, talking about the arrest of Andy Coulson, former press advisor to David Cameron.

It has been a bit of bad summer for Mr Cameron. He’s lucky he has been up against such a weak opponent.

Samizdata quote of the day

You see what’s happening? Two separate grievances and two separate targets – one totally justified, the other largely not – are being joined together. The “journalistic culture” Campbell has spent the past 10 years complaining about is not newspapers that have invaded people’s privacy – but newspapers that have been too unkind to important public servants such as himself.

Andrew Gilligan, under the headline: “Phone hacking scandal: enemies of free press are circling”. Indeed.

When the News of the World (closure of) is the news

I’ve just discovered what many must have known for years, that the true test of a real news story is when you just don’t believe it.

When I read just now, at Guido‘s, the news that the News of the World has been closed, I thought, you’re ‘avin’ a laugh, and I was merely puzzled as to why. What, I thought to myself, is the point of concocting this bizarre joke (in the form of a fake press release), and at such bizarre length? Newspapers that are making tons of money and which have lots of readers don’t just close, merely because they’ve done something wrong. Newspapers die, but that’s entirely different.

Yet, it appears to be so. The News of the World is indeed to shut.

The only serious attention that I have ever given to the News of the World was when it broke this story about Pakistan cricket corruption. I was grateful for that sting operation then, and am accordingly a bit regretful now. Although I do agree that if you want to make your newspaper hated by everyone, then it is hard to think of a better way of doing it than to get caught busting into the phones of a murder victim and her family.

The NotW is being shut, I presume, to enable Rupert Murdoch‘s various television plans to proceed profitably. Will this dramatic step do the trick? Might it not make Murdoch look even worse, by drawing yet more attention to the skullduggery that he presided over and surely knew all about, and to the fact that he only closed the NotW when the skullduggery became public knowledge?

David Cameron, because of his close connection to the NotW gang, is also looking very bad. The line here at Samizdata on that will presumably be: oh dear, how tragic.