570 days ago
I start with a personal financial question: my SIPP – for reasons I shall explain – has a wodge of cash. Should I stay in cash, invest in a safe 4%+ yielding FTSE 100 stock or add to holdings in Skinbiotherapeutics (SBTX) or Jubilee Metals (JLP). Then to economics. the chart below is pinched from Guido and I discuss what it means for UK PLC. Then I look at the 2 matters the FCA should be investigating at Guild ESports (GILD), at Tern (TERN) and at strange matters at BlueJay Mining (JAY), a perma-dog, IMHO, which is always a short.
1123 days ago
I start with the lamentable Brown whose splash today is about ex Tory Minister sleazy Tim Yeo being branded a liar by a judge. Yes we reported that on July 29 HERE and others including Paul Staines at Guido followed up — and credited us — later that day. And the deadwood press wonders why sales continue to tumble. Then it is onto the storm over a four person £37,000 restaurant tab in London on October 8. Is it wrong? It is certainly utterly vulgar and given why so many folks, especially in London, have become so wealthy thanks to the thief in the night which has locked so many others in poverty, it is the sort of thing which, wrongly, will make capitalism more hated. I discuss.
1211 days ago
Yet again I have been thanked by the regulator for exposing cooked PLC books. Not that this will stop BBMs from defaming me in all the usual ways but those who count know we matter. So I discuss Eden Research (EDEN) and KPMG. Then there is Peter Brailey’s amazing scoop. Ta Guido for the hat tip (not!) – I discuss Powerhouse Energy (PHE) and Tim Yeo the sleazebag ex Tory MP. Then I turn to Verditek (VDTK) as it misleads again c/o the AIM Shit of the year Richard “Gollum” Gill as his green ponzi bond deadline approaches. Finally there is the fraud Zoetic (ZOE) where my target price remains 0p after today’s dire admission. Add to your shorts.
4189 days ago
Call Me Dave is still trying to gag the press with legal threats. But if you have not noticed the odd giveaway on twitter, Guido Fawkes is giving you some bloody obvious clues as the the two folks involved in the Downing Street Affair.
Yes, sitting in a quiet side street in a sleepy Warwickshire town I know the names. I am amazed if everyone else does not. For the avoidance of doubt David Cameron is not one of those who were shagging away from home. But...
If one looks at the link to the original Guido story the image of the Mail on Sunday splash has the letters ACRB.png on it. How odd.
If one looks at the unfunny cartoon on Guido's website today you will see that it contains the letters LOL - famously Cameron thought this meant Lots of Love when texting which individual currently facing trial? Laugh Out Loud. What can he mean by this?
Figured out Guido's ACRB reference yet? So who is the other half? He was apparently working in a highly sensitive position within Downing Street at the time of the affair. He is not now. It is the timing of the affair that is most difficult for Call Me Dave to deal with - that is why it is explosive.
I was chatting to a journalist today. Had my phone been hacked you would have heard us discussing the implications of this all.
In the old days the News of the World would haved printed it all.
Call Me Dave really needs to just come clean and deal with it as his attempts to keep a lid on this are making him look ever more ridiculous.
4265 days ago
Yesterday David Cameron climbed down and agreed to the demands of Labour, the Lib Dems and Hacked off Campaigners like Hugh Grant (who was not at the time getting a blow job from a roadside hooker) and has agreed to State regulation of the press. Indeed it is worse than that since the new body set up will also cover anyone who publishes news related information in the UK. So that might get my Dad involved. The Shipston on Stour Parish newsletter is within the scope of this new legislation and should my father wish to moralise about the domestic arrangements of local celebs Tessa Jowell MP and David Mills, now happy reconciled as of one week after she stepped down from front line politics, Jowell could in theory report my poor father to the new regulator. And any blog is potentially within this remit if its primary discussion matter is news related – which includes celebs and hookers.
The press were not involved in agreeing the new Royal Charter and oppose it. But most big news organisations will eventually sign up to the code although the Telegraph appears to be. If you do not and the political stooges who manage it find you have breached you could face company destroying damages. And as things stand you may have to pay damages if you are hauled before the new body and found innocent.
This is therefore a fundamental assault not just on the press but on free speech.
It is a sad day. It will make it easier for the same MPs who have pushed through this legislation to lie, cheat and steal. It will make it easier for celebs to portray one image and get you to buy their merchandise while doing whatever they wish on the side. It will make it less likely that the crimes of future Jimmy Savile’s, expense fiddling MPs, hooker using politicians (Archer) or celebs (Grant) will be exposed. It truly marks an acceleration towards the world of Airstrip One.
However,
4321 days ago
One Term Dave says:
I dream of German-themed spanking parties. I have a fantasy where I grovel at Angela Merkel’s feet, and she shouts “Schweinhund” and makes me give her £19.2 billion of your money, every year, and then she gives me sheets and sheets of new laws designed to destroy our economy whilst benefiting hers.
In fact, it’s not a fantasy..
4375 days ago
So the Leveson Report is out. And it is pretty grim reading. It will delight Hugh Grant, Max Mosley, Nick Clegg and the other illiberal folk who want the press muzzled. It will delight the political elite who resent their sins being revealed. And it will, I suspect, hasten the demise of the traditional newspaper industry.
Leveson proposes legislation which will see a body containing no MPs or journalists but a fine body of establishment grandees there to ensure that newspapers do not breach certain rules. If they do they will face crippling fines Ofcom will review how this body works every two years. The information Commissioner will be given greater powers to prosecute newspapers for breaches of data protection.
Hmmm. Ultimately who appoints these independent grandees…politicians. David Davies MP (the man who should have led the Tories rather than Call Me Dave) is spot on:
