I’m Shocked…

Boris Johnson, who is leading the fight against a European crackdown on City financiers, faced accusations of being “bought off” today, when it emerged that more than half the money donated to his mayoral campaign came from the financial sector including hedge funds and private equity.

Johnson has criticised the EU’s so-called “hedge fund directive,” draft rules published in the spring which would limit debt levels for alternative investment managers, such as hedge funds, and force them to be more transparent.


Concentration Camps ARE Popular

This also makes it hard to argue there is not deep rooted racist animus against Tamils amongst the population that is being stirred by demagogues under the guise of the War on Terror,

(Reuters) – Sri Lanka’s ruling coalition won the latest in a string of provincial elections this weekend, a strong result which analysts said is likely to spur its leader to call early national and presidential polls. With a popularity boost from his defeat of Tamil Tiger rebels after a 25-year war, President Mahinda Rajapaksa’s coalition won 38 seats in the 55-member council of his native Southern Province in Saturday’s election.

The United Peoples Freedom Alliance won 68 percent of the vote, less than the 70-80 percent it had forecast in the province where Rajapaksa has started massive development projects including work on the country’s largest port. The margin was still strong enough that Rajapaksa is now likely to call early national elections, analysts and supporters said.

While those in the camps are massively at risk-

Pointing out that “[d]eteriorating conditions, including a shortage of water since October 5, 2009, combined with the prospect of flooding during the imminent monsoon season, have led to rising tensions among camp residents and clashes with the military,” New York based rights watchdog, Human Rights Watch (HRW), called on international donors Japan, the United States and European Union member states “to send a clear message to the Government of Sri Lanka that continued detention of the displaced will have serious consequences for Sri Lanka’s relationship with the international community.”

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The Hollowing Out Proceeds

Oddly I was just talking about the Shock Therapy applied to Russia in the 90’s and also hearing how a debt collector was doing so well they were eyeing up a shiny new car…

Gordon Brown is to announce the sale of £16bn-worth of assets by the government in a bid to shore up public finances. The prime minister will give details of initial sales that could raise £3bn – including the Tote, the Dartford crossing and the student loan book.

Or y’know, cancel Trident, close secrecy jurisdictions and institute both minimum living income and a maximum income, if it’s an emergency and everything… But hey I’m sure the concept of billionaires is like totally sane and everything.

PS. After all We’re All In This Together,  right?