Wednesday, 22 September 2010

The little boy looked and, horrified, said:

Look at the King! Look at the the King!Look at the King, the King, the King!
The King is in the altogether
But altogether the altogether
He's altogether as naked as the day that he was born.

"Markets are often irrational or rigged" says Vince Cable. No shit, Sherlock! And - you could have knocked me down with a feather when he said this - apparently mergers and acquisitions aren't always a good thing:

Why should good companies be destroyed by short-term investors looking for a speculative killing, while their accomplices in the City make fat fees?

Sarcasm aside,there's nothing new here - just a few fairly moderately-worded comments. Nothing, certainly, to justify the hysterical media backlash from the usual suspects.

It's the ideologues trying to label Cable as "odd", "emotional", "anti-business", "maverick" and "controversial" for daring to question the status quo who really frighten me. Mind you, despite the ritual bitchslap, I don't expect that corporate thought leaders and tax-payer supported entitlement hogs in the City are actually frightened  by some uppity politician elected by those puny little people in the real world. They're just reminding us who's boss.

Now if they'd been having a go at Vince for his Damascene conversion to fast-track economic shock therapy or his bizarre idea that politicians have some sort of Mystic Meg ability to predict which areas of scientific research will be fruitful, all that sound and fury might have actually meant something.