What I did on strike day

Way back in November, I went on strike for the first time in my life. But I didn’t just spend the day watching TV. I already belong to my local community forum and an active church, so I could have gone out and volunteered. I know some better people than me that did.
But I decided to try something a bit different.
I used my own time (not leave, not time that I should’ve been using to look after my son as his nursery was open) to do something I enjoy- writing. 
The result was a half hour screenplay “I can make you famous”, aimed at a YA audience raised on MI High, Merlin and The Sarah Jane Adventures.

I wrote it to test out my skills at dialogue, plot, and some of the rules I’m applying in the world of my novel. Rules? I better explain.
I realised a while back that while I loved the literary fiction book I was writing, I’d literally lost the plot.

Oren will end up with Charlotte, Titch will die, but getting from where I’d got to to that resolution needs more time and care than I felt able to give it when I was realising that the genre I really enjoy reading and writing is actually YA aimed at boys!

So I started a new novel, reaching about 20000 words after NaNoWriMo. My hero is a teenage boy who ends up time travelling. But it’s easy to have a hero who is really a wizard, who is the son of a god, a prince, who suddenly discovers they’ve got amazing sword skills and where a magic potion heals all injuries within 24 hours.
In my book world, I decided to have real world rules apply.  My hero plays rugby so he can run and he’s tough, but if he gets hurt, he stays hurt.  There’s consequences to decisions and actions. The only “magic” is the time travel. But the question is why do things happen the way they do? And if you had the chance to change things could you resist doing so?

Writing my screenplay gave me the chance to see if real world rules can work in a fantasy/ sci fi situation. I think they can. So back to the novel…

Rise of the technocrats

Last night I watched “Yes Prime Minister” at the Guilgud theatre in London. Hilariously funny, morally complex, EU focused, one particular element really stood out. In the prime minister’s Civil Service Bill, it proposes that the arts educated generalist civil servants be replaced by professionals e.g. teachers in the department of education, doctors at health (they didn’t mention bankers at the treasury but I assume that’s because the writers wanted to imply that this was a fundamentally good idea…).

In a related issue, the Eurozone crisis raises interesting questions for politics students, and not just because they wonder if they’ll ever get a job after all their study to repay the cost of doing so.

Democracy, said Churchill, is the worst form of government excepting all others.
In my post a few months ago, I tried to explain how – once the political system of a country is propped up through the financial support of others – democracy becomes not just an issue for the voters of the country being propped up but for the proppers too.
Why is it thought to be fair and legitimate for the voters of one country to demand international subsidy but expect the voters of other countries to give it without comment or expectation?

This is globalisation in its real sense.
This is not just about multinational firms moving jobs around for the comany’s benefit – to take the most negative view of it.
Nor is it just about increased prosperity for all through the breaking down of trade barriers – to take the most positive view of it.
No, we need to realise that globalisation has already affected all of us, we are interconnected to a degree that we perhaps did not realise.  Our sovereign debt is owned internationally, and as such our obligations as global citizens to honour the promises made in our names to get the money that is now owed.
If we feel that this financial system and arrangements were made without our knowledge and consent, then there is an issue here.
What did we feel we were voting for at the elections we voted in?  If we didn’t vote at all, do we think we perhaps should have done?

Perhaps some people feel that those standing as candidates to represent us are only a limited selection, that everyone’s centered around a general acceptance of the way the world should be?  Well, that seems to be the guiding principle behind the Occupy protests, but within a democratic system, the proper way to secure change is to stand for election and get a popular mandate. Otherwise you are also just unelected, unrepresentative self-appointed people who believe you are right.
Part of the question we have to ask ourselves is whether our democratic capitalist system is in fact corporate capitalism and whether we’re happier with that than with all the other types of capitalism available.

So how should we feel about the installation of Mario Monti in Italy?

 

The thing is democracy comes in lots of different forms.  The list system used in Italy’s national elections allows the maximum party control and voters little- UK voters have some experience of this with the party list system chosen for use in the European parliament elections here. It is always possible to argue that the version of democracy used where you are or over there is insufficient or somehow less “pure” than the version you prefer. That’s why people are always able to insist that a referendum is better than representative democracy, or similar.

Mario Monti’s government is not designed to be long term, nor democratic. It is a government of specialists: a banker at the finance ministry, lawyers, professors, and (to Jim Hacker’s fictional horror) yes, civil servants. Because if you need to know where the levers of power are, you could do worse than use the skills of those who know. What his cabinet does not have is elected politicians.

As Papandreou showed in Greece, the problem that elected politicians have is two-fold. They feel beholden to the people that have elected them. They also frankly want to stay in power. These two factors must surely have been behind the odd decision to put to a referendum a decision taken at a Eurozone meeting. The point about representative democracy is that elected representatives sometimes have to take decisions that are unpopular, and the brave ones take them even when warned that doing so might put them out of power for a generation.

In Italy and in Greece, we are seeing the rise of the technocrats (albeit that the ones in Greece are elected). Without public accountability, you have to hope for benevolent dictatorship, putting your trust in experts. Experts can be amazingly blind to real world consequences – as “Yes Prime Minister” puts it- putting your trust in experts’ computer models is a risky business. And with so many EU countries only a generation or so from not so benevolent dictatorship, this must all feel very uncomfortable indeed.
And with the unfortunate comments from the German CDU parliamentary leader about the whole of Europe now speaking German… all I can say is while intellectually I endorse the need for strong leadership to keep the Euro and its economies from total collapse there needs to be a very limited time for this alternative.
So Churchill has it right. Democracy, in all its forms, is the least worst option. Let’s hope the technocrats include a few with a real understanding of political theory.

Boris, Foster and the cross-channel metro

Contingency planning. Never sexy, always worthwhile. In tonight’s evening standard, there’s a double page spread on future London airport capacity. Alongside the by now well known Boris island idea sit plans now developed by Sir Norman Foster for a mega transport hub at the isle of grain in north Kent. Four runways would sit on top of the UK’s newest and biggest high speed railway station with links to London, northern England and continental Europe.
This seems to me by far the most sensible plan for expanding UK airport capacity. But it was the diagram of the rail connections that was interesting. At last! These plans would give purpose to Ebbsfleet International station!
And that’s my reason for blogging. Because this project which would be jolly good news for Ebbsfleet- if it happened- would be another nail in the coffin for East Kent, and specifically Ashford International station. Ashford’s future potential is reliant on its strong situation as the gateway to continental Europe. Otherwise it is just another town with a dying high street and no significant employers, acting as a dormitory for London workers.
Ever since the building of Ebbsfleet, the Ashford service on Eurostar has appeared to be under threat.  Unless Kent County Council acts quickly and decisively to demand that Ashford as well as Ebbsfleet stops be a feature of the continental link, a highspeed hub at the isle of grain could ironically end up leaving Ashford and the rest of Kent outside medway more cut off.
So what has this to do with a cross-channel metro service? Well, I mentioned contingency planning. And if the omens with Eurostar services seem ominous, Ashford’s council needs to look seriously at how to keep Ashford viable. The obvious thing to do is to look to your neighbours. At its closest point, the French coast is just 23 miles away from the Kent coast. That’s closer than Ashford from Ebbsfleet. Lille, France’s third city is only 40-odd minutes away from Ashford, and Calais’s closer than that. A real metro, with trains frequent enough to commute on, could make a real difference. Of course early talk about this in the press described the idea as exporting France’s unemployment problems to the UK for resolution. Thanks, guys. But think, why shouldn’t Kent residents travel as easily for 40 minutes in one direction as in another? Language? Zut allors, ceci est la 21eme siecle! Needing a passport? The sea? No, the real barriers are cost, train frequency and the need for there to be jobs to go to near the stations en route. Eurotunnel has said slots can be made available. shouldn’t trans European networks funding, and regional funding be for just this type of project?
May be the final barriers are of creative entrepreneurship, bureaucracy and mindset. But I fear that we must overcome these to be ableto contingency plan…

Occupy London and WWJD


There’s a bit of a row going on in the CofE at the moment, and for once it is not about women bishops or gay marriage.  It gave the Evening Standard one of its best headlines of recent times tonight: “St Paul’s Canon Blasts Church“…

But the issue is a serious one.  The anti-capitalist “Occupy” movement which declares “we are the 99%” (as opposed to the top 1% of wealthy people) was granted permission to camp outside St Paul’s Cathedral in London, but now it seems the campers may have plans to abuse that hospitality – rather than a short, focused protest with a clear objective, there seems to be a random package of motives, an intention to stay indefinitely, the cathedral had to close for the first time since the Blitz in 1940, and the church authorities seem to find themselves in a position of possibly having to condone the use of force to get the camp removed.

Some of the campers have painted WWJD (What would Jesus Do?) on the side of their tents, and it is not clear whether this is being facetious, faith or a real theological challenge.
The Canon that has resigned sees it as the last one of these.  He gave sanctuary to the protesters who wanted to be in the City, and recalls the church as a radical force in society – giving voice and support to the poor, speaking out against injustice. In this way,

So what would Jesus do?

With much thanks to www.acts17-11.com for the quotations, a few thoughts.

1) Was Jesus really against money?
Jesus was famously poor but his backers were not – Mary Magdalene is never mentioned in
connection to a husband but evidently had some wealth of her own. Joanna was Herod’s steward’s wife and is listed by Luke as one of the women bankrolling Jesus’s mission, Matthew would’ve made money as a tax collector and Joseph of Arimathea owned a tomb and paid for Jesus’s burial.
Jesus’s disciples worked, several as fishermen.  Paul, Priscilla and others made tents.  They were earning a wage, not living off others. It is likely that the years between Jesus’s disappearance in the temple and his reappearance for his baptism in the Jordan, he worked as a carpenter like Joseph.

Jesus tipped over the money changers tables in the temple – but this was about the sellers selling access to God, an abuse of the relationship God wants to have with mankind, not a hatred of money itself.

Jesus also paid his taxes and advocated that others should too.

Jesus welcomed the pouring of expensive perfumed oil over him – a waste of an expensive product yes, but remember Jesus also ate good food and drank wine and slept in the houses of his followers, and was chastised by the religious authorities for doing so especially as his hosts were often the unclean and unpopular – but this was not a life defined by abstinence.

2) But it’s not that simple…
The problem is not money itself, it is the love of money that is the root of all evil.  It is the second of the two masters mentioned in the bible, the mammon the pursuit of which diverts us and separates us from God: Luke 16:13 (NIV):

“No servant can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money.”

We have to look not just at the life that Jesus lived.  We also need to look at what Jesus taught about money. And (according to www.advantagem-a.com) 43% of the parables concern money.

Look at the wannabe disciple in Mark 10:21-27,31 who thinks he has it all sorted and is ready to follow Jesus.  Jesus shows him, and others, that it is trust in God not worldly wealth that flips our values system on its head:

Jesus looked steadily at him and loved him, and he said, “There is one thing you lack. Go and sell everything you own and give to the poor, and you will have treasure in heaven; then come, follow me.” But his face fell at these words and he went away sad, for he was a man of great wealth. Jesus looked around and said to his disciples, “How hard it is for those who have riches to enter the kingdom of God!” The disciples were astounded by these words, but Jesus insisted, “My children,” he said to them, “how hard it is to enter the kingdom of God! It is easier for a camel to pass through the eye of a needle than for a rich man to enter the kingdom of God.” They were more astonished than ever. “In that case,” they said to one another, “who can be saved?” Jesus gazed at them. “For men,” he said, “it is impossible, but not for God: because everything is possible for God… Many who are first will be last, and the last first.”

In the Sermon on the Mount, he taught us to be like the birds of the air and the lilies in the field, trusting in the Lord to provide and not worrying about money.  There are people today who do live like that, and it is a real act of faith.  The cynic might say that in order that we can be reflections of God’s love and sustain them we need to ensure there is some money available.  We don’t know when the Kingdom will come, so we also need to be tentmakers to keep going until then…

Continuing on the Sermon on the Mount, Jesus was consistent, pointing out that it is not economic wealth that determines a person’s value, and that this counts for little in God’s eyes (Mat 6:19-21):

“Do not save riches for yourselves here on earth, where moths and rust destroy, and robbers break in and steal. Instead, save riches for yourselves in heaven, where moths and rust cannot destroy, and robbers cannot break in and steal. For your heart will always be where your riches are.”

The early Christians tried to get around the issue of money and provision for need by arranging communal living arrangements.  There’s no suggestion that this is necessary in order to balance the competing attractions of God and money, but the problem was shown right there at the very beginning via Ananias and Sapphira.  Their problem was basically being dishonest about money with God.  While my homegroup is about to do a study on Sapphira, I can’t help wondering at the moment whether Sapphira’s property sale would’ve been a non-issue if only she’d said actually we are giving you 10% rather than claiming untruthfully to be giving it all.

3) No one can say we weren’t warned…

At Luke 9:25, Jesus asks “What good is it for a man to gain the whole world, yet lose or forfeit his very self?

Jesus further tells us – via the parable of the sower- that the thorns that overtake some of the seeds sown are tempted away by (Mark 4:18-19) “the worries of this world and the false glamour of riches and all sorts of other ambitions creep in” and (Luke 8:14) “the life is choked out of them, and in the end they produce nothing.”

We’re also warned about ignoring the poor at our gates via the rich man and Lazarus. When the rich man asks that his brothers be warned so that they don’t love money more and end up in a place of torment, Abraham tells him that “they have Moses and the Prophets, let them listen to them… if they will not, they will not be convinced even if someone rises from the dead“.

And in the Book of Revelation 3:17-19, John’s vision of Jesus says:

“While you say, ‘I am rich, I have prospered, and there is nothing that I need,’ you have no eyes to see that you are wretched, pitiable, poverty-stricken, blind and naked. My advice to you is to buy from me that gold which is refined in the furnace so that you may be rich, and white garments to wear so that you may hide the shame of your nakedness, and salve to put on your eyes to make you see. All those whom I love I correct and discipline. Therefore, shake off your complacency and repent.”

Jesus was not unconcerned by poverty, but it was poverty of spirit that he sought to fix first: Jesus himself noted that “the poor will always be with you and you can help them whenever you want to” (Mark 14:7), but that his time on earth would be limited.
Essentially Jesus said that he was here to bring about God’s kingdom, not rule an earthly one.

4) The challenge to us all on money…

Again, www.advantegem-a.com has the questions ready for us:

1. Do not be like the rich fool who focused his whole life on accumulating wealth for his
retirement years, out of greed or worry, and miss storing up spiritual treasures for eternity.
Evaluate whether this might be the case in your life.
2. Are we really prepared to give up everything – our finances, our businesses, our careers –
to follow Christ if that is what He requires?  Have we truly counted the cost of discipleship?
Are we really disciples of Christ according to Christ’s definition?
3. Are we shrewd in our financial dealings to serve our own interests or God’s interests?
4. Are we faithful stewards of the financial resources that God has entrusted to our care for
His purposes?  How would we fare if the Lord were to return today and ask us to give an
accounting?

 4) And that’s all well and good but…
Jesus didn’t hold much truck with religious practices for show – the relationship with God through prayer and learning from teachers of authority and living God’s love with the seem to be more important that the fabric of the building.
I’m not sure he’d mind too much the camp, and if the protesters were motivated by righteousness and a sense of social justice and the value of all people rather than of money he’d probably positively support them.
But despite the church-based location of the protest, I’m not hearing a lot about these things, just that the capitalist system is broken and unfair.
I’m not hearing proposed solutions either, just the anger.

It’s good that we have the freedom to protest.
I’m not sure that camping out outside the cathedral really makes the point – it feels like picking on the cathedral as a weak point in the City.  Why aren’t they on football pitches, in leafy Hampstead, at Canary Wharf, in Westminster?  How is this location making the point effectively?

But I’m worried that the position of the Cathedral in getting involved in forceful evictions is in the worst traditions of “religion” and exactly what Jesus came to say that a relationship with God was not about.

I also found Boris Johnson’s “in the name of God and Mammon, go!” offensive.  He may have clarified that what he meant was that the camp should move on for the good of the economy and the wellbeing of the cathedral (tourist income, availability for worship) but it did feel as though he was claiming to be speaking for the Christian faith, and while God moves in mysterious ways, that would be one really perplexing move…

One final thought.  Even the poorest of those protesting are, through accident of location of birth, among the top 10% of rich people in the world.  If we’re really going to rethink it, we need to think globally about social justice and realise that we’re all God’s people.

Happy Halloween?

Happy Halloween?  My son is obsessed.

At first I blamed the food.  All those mini chocolate cupcakes with little candy ghosts, strawberry-jam-blood marshmallow teacakes, pumpkin balls, themed jelly sweets… but actually he can still mainly take-or-leave junk food. (Long may this phase continue).

Then I thought it might be the costumes.  He’s just reached dressing up phase.  Now, I have some friends whose children I rarely see in normal clothes because they are really knights, space explorers, princesses, fairies, pirates… We’re not at the stage of refusing to leave the house unless in costume (perhaps helped by early establishment of the need to wear school uniform) but we now have a dressing up box, and the best thing is the full Harry Potter quidditch uniform, complete with cape, pads, gloves and Beckham-style number 07 on the back. I thought the broom he wanted was to go with the Potter get-up.
But no.  I was firmly informed that he had badgered his grandparents into buying one as a Hallowe’en witches broom and not to use to try to fly for sporting purposes. I guess we should be grateful for small mercies – apparently flying on broomsticks is not real so we don’t need to worry about attempted leaps off the trampoline.

Most children’s TV shows do a Hallowe’en special. All the magazines he wants to read do a Hallowe’en version with spooky things to make and do (as in furry spiders and greetings cards, rather than Ouija boards). Hallowe’en is clearly a big deal and something to be celebrated, right?
So what are we celebrating?
I asked my son and was informed that Hallowe’en is when all the leaves go brown and fall off the trees. Hmmm. Some confusion there.  But then we live in a world where so many people think Christmas is just a celebration that we’ve reached the darkest point of winter and want to be with loved ones. So why wouldn’t Hallowe’en just be about autumn?

Halloween used to be a folksy American thing, little kids trick or treating.  For some reason it was really big in Belgium when we lived there – presumably the legacy of so many US TV shows (but the Wittamer’s window in the Sablon really does need to be seen).

And now, suddenly, over the last 10 years here in the UK, Halloween has arrived.  Shops have aisles of cheap plastic tat.  We buy the aforementioned sweet things as self-defence in case of trick or treaters.  Supermarkets are asked not to sell eggs.  And we start to wonder what it is all for – why are we encouraging kids to dress up and go around the neighbourhood demanding chocolate with menaces?

I’m a bit of a sci-fi/ fantasy fan.  I’m a bit more drawn into the fan forums for Doctor who/ Torchwood etc. than I like to admit, own all the box sets of Buffy the Vampire Slayer, and occasionally experiment with the shows my TiVo suggests (Being Human, Supernatural, True Blood, the Vampire Diaries, Ringer…) and I like murder mysteries.  But even I have to wonder, are we normalising the ghoulish, the supernatural and the downright unpleasant through this annual focus on darkness?  Like videogaming normalising violence against women, drug dealing and car theft, are we going to find that our children’s generation is more superstitious and drawn to scenes of horror?

I’m pretty sure that these days there’s nothing really connecting the plastic pumpkin celebrations to the origins of Halloween – to Beltane, All Saints and All Souls.  The celebration of skeletons and skulls has echoes of the Mexican Day of the Dead – but then a lot of things are a bit confusing to me that are involved in South American Christianity.

But as my church, like many, hosts its annual Light Party (bright colours, fun games and not a skeleton in sight), I’m left to wonder: you don’t get much more Christian as a society than the USA and yet our approach to Halloween originates there.  Is it something to be scared of?

 

London’s Burning…

… but why?

There is not going to be a simple answer to this.

The rioting is spreading: it started in Tottenham, spread to Wood Green and last night’s news reported rioting, looting and arson in Oxford Circus, Hackney, Brixton, Clapham Junction, Hackney and outside London too, in Birmingham, Liverpool, Nottingham and Bristol.  In town this morning, there were rumours of problems at Blue Water shopping centre too. [Note: this was later proved to be just that, rumour!]

The spark that lit the tinder box of discontent was the police shooting of a young black man in Tottenham.  The IPCC is investigating, and the family is unhappy with the treatment and information they received.  To mark their concern, they held a church-led quiet demonstration.  They did not expect and they’ve said they do not want what’s going on at the moment.
But it doesn’t look like they get a choice.

While respected commentators like Darcus Howe set out one view of what’s going on (a response to the alienation and disaffection caused by excessive, intrusive and unfair use of stop and search),  this scale of violence seems to be more than just a reaction against the police.  It seems to be a rejection of all authority, including that of local community.
The resentment was there even among non-rioters interviewed on the news last night – the two young girls said that Oxford Street has been protected but “black” Tottenham had been left to burn. Well perhaps, but equally possible that Oxford Circus as a major tourist destination and economic crutch for London in difficult financial times would have enormous consequences rather than just the huge ones in the residential areas.

Everyone’s looking to understand what’s going on.
Is there a parallel with the 1980s? So far, the answer seems to be possibly.

The Guardian set the context in terms of social inclusion.  The coalition cuts, high rates of child poverty, the gap between the richest and poorest 10%, poorest social mobility in the developed world… these things lead to discontent.
And with the financial crisis worldwide and all mainstream political parties agreed on the need for deep public spending cuts including youth services, there’s not much political alternative out there.  And even if the rioters were old enough to vote, it remains to be seen if they would in any case.  That’s the problem with disaffection.

And it’s hard to show whether any of this is genuinely a motivation for the rioting and looting.  It’s hard to show that the kids on the street are doing anything more than socking it to “the man” and taking what they want in terms of sportswear and electrical goods.

I found this fascinating, from the comments on the Guardian website:

There’s a widespread myth that law and order is preserved by police, politicians and other forces of authority. Not true. Never has been. If we all decide to go out and chuck a dustbin through Argos’s window and help ourselves, it would take about 15 million coppers to contain it. We actually have about 150,000.

Law and order is kept by a collective acceptance of mutual goals. If, as a society, we look after each other, offer everyone a share and a stake in the common weal, maintain some semblance of a Rousseauian Social Contract, then the vast majority of people will mostly stick to the rules without ever needing to see a police officer. When people lose that sense of being looked after, no longer feel part of society, no longer feel like they have any kind of share in any kind of collective, the ties that bind begin to be broken.

Rioting, especially the type of vandalism and looting we’ve seen in London, is a sure sign that the social contract is unravelling around the edges. In the days and weeks and months to come, we shall see how far it has frayed.

The social contract at its simplest empowers the weak against those that can run faster and hit harder.  But even if the social contract is a bit frayed, the vast majority of people were at home, or at work, whether they were poorer or working class or not.  Some were being burnt out of their homes or livelihoods by the rioters.  Some are now without places to work thanks to the rioters. However much people might want to seek possible motivations, this is not acceptable. This is not right.

What’s shocking is the age of the rioters. Kids as young as 13 are reported to have been on the streets in Clapham with hoods up and scarves around their faces.  The police appealed to parents to be sure they knew where their kids were and to keep them at home.  You don’t know where your 13 year old is?  What kind of a parent are you????
But despite the outcry, we should remember that since time immemorial kids have disobeyed their parents and gone out whether its to play Knock Down Ginger or whatever.  I’d prefer it wasn’t hooded-and-masked robbery though.
But now with mobile technology, it should at least be easier for parents to track them down.

And we can’t really blame technology.  There’s been a lot made of the roles of Twitter and Facebook in enabling the Arab spring in the middle east this year.
The London rioting seems to owe a lot of its spreading to organised rioters using BlackBerry messenger – a secure system – and for reasons of PR if nothing else, BlackBerry needs to be seen to be willing to breach that confidentiality to help bring those people to justice.
But if that’s true it means there is a hard core plotting the spread of the riots.  This frees us then from the idea that this is completely spontaneous, as does the leaflet that “Political Parry” blogged about.

The Prime Minister came back from holiday, COBRA met (not a snake – Cabinet Office Briefing Room A, the place where the emergencies committee meets), and  has promised more police and more arrests.  Good.  Why not use water cannons as well, to disperse crowds (and put out fires too)?
Most of my friends on Facebook, especially those overseas, can’t understand why the army hasn’t been called in. The answer seems to be essentially that we expect people to pull themselves together and behave, and we don’t see ourselves as that sort of country. Whether the armed forces are available is another matter. As for what the press elsewhere in the world thinks, take a look here.

I mentioned the social contact earlier, and the difficult sell that the current generation in power needs to make to the next generation essentially that they won’t have it so good.
From a discussion at my church group, I offer the following points:
We shouldn’t kid ourselves that we didn’t know discontent was out there.  We should read “The Spirit level“.  We should read “Jilted Generation“.
We should understand that the “pay more get less” message that young people are not going to have it as good as the baby boomers does not go down well.
Nor does calling our kids feral – even if we think they are – nor saying that exam results are not worth the paper they are written on, insisting on squashing teachers into large class riot control schooling for all rather than recognising the talents and strengths of each child.
We should hug our kids, all of them, not just hoodies.  We should care enough to know where they are.
We should care enough to tell them no, too.
We should care enough to tell them that they’re not going to be footballers, win the X Factor or get the dream ticket on the lottery.  Getting on in life relies on education, and seizing the right opportunities – not the property of others.
We should – rather than lecture parents that kids are a “lifestyle choice” – allow parents the ability to spend time with their kids, teaching them to be fully functioning members of society, to spend time with family and with others in our community.  I just wonder (slightly facetiously) whether a few old ladies calling out “Jayden Jones, I know that’s you!  I used to wipe your nose at playgroup, is it still so runny that you need that scarf on over your face?  Take that hood off when I’m talking to you, it’s not raining out here!” might have made a difference.
We need recognise we’ve taught our kids to interpret their value through the morals of advertising “see this, you want it NOW. You NEED it NOW, it’s yours to take NOW and everything will be perfect!” No deferred gratification, no working to earn it being worth more.
We need to think about the sort of economy we want to be – in a few years a model based on cheap manufacturing in China or elsewhere in the developing world is going to fail because of those countries’ own demand for wages rises – and plan for that as well as for the sort of population we’re going to be… needing a place for younger people, yes, but older, more female too.

We should do all of these things.

We need to because the countering message is much more negative: you’re an obstacle to your parents, no matter how hard you work there’s 100,000 others out there who’ll try to best you, there’s nothing to look forward to, you’ll never get a fraction of the things you’re told are yours for the taking. You don’t have enough invested in this way of doing things to care if there are consequences and so for just a few nights, you can have power.

But whether or not there’s reasons, the actions of these kids are wrong. And criminal.
Violence of this type cannot and should not be condoned.
But the real solutions are likely to be long term attempts to improve social mobility, not something that can be sorted in a couple of days or weeks.
So do expect to hear the usual commentators out saying that a good dose of military service would give these kids a sense of purpose (yeah, because teaching them to use weapons professionally would so much improve this situation!)

Do think about taking a look at the police pictures to identify the perpetrators.

But above all, give thanks for the ordinary Londoners who have pitched in to help clean up, carried on with their lives and pray that tonight something other than anger and resentment and will prevail – a bit of hope and common decency would be nice. 

Who do YOU think you are?

I’ve not yet joined Google+.  It’s made the headlines today, deleting the account of users who have not registered with their real names – but is this really in line with its ethos of “don’t be evil”?

So with 20 million accounts in 24 days, uptake of Google+ has been rapid to say the least.  You can see why the project has been created – it’s a bit Facebook style social network – including the +1 button which is a bit like “like“, a bit Flickr photo album, a bit Skype internet video call and a lot more bespoke (different people can see different things).
As Google is a cool brand, and generally a trusted brand, loads of people have apparently been less Luddite than me and jumped into the pool – but it seems I’m not the only one standing by the shallow end saying “yes, but is it safe?

Online, I’m @rose22joh on Twitter and here on my blog.  It’s a pseudonym I’m happy with – if people want to call me Rose when commenting on posts or tweets, that’s fine by me.

On Facebook, I have to use my real name as a matter of user policy. It was one of the reasons it took me a long time to join – but I decided it was ok.
The connections I have on Facebook are people I know or have known personally, I don’t just randomly befriend people, or accept people I don’t really know.
I also maximise my use of privacy options.  I don’t need to be rose22joh on Facebook – if people want to find me there it’s because they’ve become friends IRL (in real life, not in Ireland!) so they know my name.
If it’s someone from my past, if they really want to they’ll find me by looking at mutual friends’ “friend” lists and guess.  I don’t HAVE to accept their request.  Not everyone’s accepted mine either (good for the soul to keep the ego in check).

Even my social media-phobic husband uses LinkedIn. “Everyone” does – at least everyone whose business depends on building and maintaining personal relationships.   It hosts bits of my CV – on the other hand simply Googling my name brings up bits of that, along with stuff that isn’t about me but about people that share my name.  That must be a complete pain for all those Sue Taylors, John Smiths and Muhammed Hussains.  At least by using LinkedIn I can be clear what is actually me!

The BBC article on this issue of identity talked about use of real names:
- preventing SpamBots (I use WordPress’s excellent companion tools on the nasty little critters which seem determined to try to sell me naked women and pharmaceuticals – those xxxriwphgergn@iutgboe.com addresses are a real giveaway);
- preventing Trolls (why do people waste their time that way, choosing to spread that patina of nastiness across the surface of the internet);
- benefiting advertisers (well, yes, obviously.  This is “no free lunch” territory – see below);
- making life difficult for those under oppressive political regimes (and this will surely be the tipping point – the internet represents a form of freedom in Iran, China etc. – but while the Tienanmen Square example doesn’t bode well…)

Essentially, using real names is a sort of nudge theory – being transparent and therefore known, you should behave better online.
But it is more than just that.  If you look at eurobloggers that blog in their real names (yes, I’m thinking about you Jon Worth and Joe Litobarski) - identity online can be part of building your personal brand and in the twenty first century. Generation Y gets that – and is, it seems, much more open with personal information than their elders.

But equally you can build a reputation on a pseudonym – now defunct blogger “Julien Frisch” preserved his anonymity until the end.
But blogger “Guido Fawkes” is now often in the mainstream media as Paul Staines.  That is probably in part because his role has become increasingly that of journalist rather than merely a blogger or “citizen journalist”.

One of the joys of the internet is the freedom to develop a whole new you: in fact that seems to be the major appeal of Second Life.  It enables people to be taller, thinner, prettier, an dwarf, a knight, a princess, a musician showcasing their soul, a DJ, a writer, someone with a voice.  For some people that becomes the real them – and so be it .  This is a world my great grandparents could not even have imagined.  There needs to be room for anonymity on the internet, but the internet is a big place.

Most users realise that they’re not getting something for nothing – the targeted advertising via Facebook and Google shows that clearly.  Most of us regard it as a price worth paying for the convenience of being where all our friends are online.

But there’s a responsibility in having access to so much personal information, and every development – making mobile numbers accessible on Facebook, handing over Twitter users identities to super-injunction owners – makes people reappraise just what information they put out there.

There needs to be room for anonymity on the internet, but the internet is a big place…

Bon nuit

Rose22joh

We came, we saw, we swished!

When we’re all tightening our belts, it’s time to make sure it’s one that makes us look fabulous…

So Saturday 23 July 2011 was our big day – The Big Swish!

Kent Feminista, the group of feminists I’ve joined, ran The Big Swish, a posh clothes swapping  event in aid of Stop the Traffik.  We also had a cake stall, a pledge wall and a children’s play area.  To help our guests feel glamorous, Sophie from Sophie@Ease in Tenterden offered mini hand, foot, head and back massages from a gleaming white gazebo.

The clothes swap itself went smoothly – most people brought more than one item, and were able to choose an armful of items they wanted in return.  In fact, people brought so many items that we were able to donate the remaining items to the Pilgrim’s Hospice. This felt appropriately feminist, for reasons I’ll explain in a moment.

 Why clothes swapping?
Well, we wanted to prove that feminism isn’t always about being cross about something, or just sitting round talking.  We wanted to do something useful.  Feminism’s interrelations with fashion are well documented (one of our number when interviewed for the local paper was asked if she’d burn a bra for the photo!) The stereotype feminist in the popular imagination is still 1970s: talk to five people about feminism and you’d be lucky not to have at least one mention dungarees…  But dungarees are not obligatory – we’d have been really surprised if there’s any available at the Big Swish!

As the focus on the Duchess of Cambridge/ Sam Cam/ Carla Bruni/ Michelle Obama’s clothes shows, fashion is politically important – the question is whether to oppose this – we are who we are and clothes shouldn’t matter – or to embrace it, recognising that women do care about these things and that feminism without the issues of interest to women is pointless.
After all, psychological studies show that well-fitting, good quality clothes boost happiness and confidence. As the makeover programmes on TV show, helping women feel good about themselves can change their lives.

What’s more, we’ve all done it – bought the fantastic top in the sale that’s a size too small, and never quite slimmed into it.   The Big Swish was a chance to swap clothes that don’t make you feel good – the dress that’s never really fitted, the too short trousers – for something that you love instead.

In tough economic times, the wardrobe of clothes we don’t wear is not just a mess, it’s a waste of money.  As well as being good for wellbeing and your purse, clothes swapping is the green option too – someone else using clothes means that the world’s resources aren’t wasted and you don’t end up sending that unworn shirt to landfill.

Why Stop the Traffik?
Kent Feminista are a group of Kent based feminists who are interested in finding creative ways of promoting equality for women and supporting women in our communities who are subject to the many inequalities present in our society.
Feminism is about establishing and defending equal political, economic and social rights and equal opportunities for women. It’s not just that women need to be more confident – some of this is about redefining what’s normal in terms of work, caring and household responsibilities for both men and women, and obviously that can’t be done without men getting behind the ideas too.

As we know, there are numerous variations on feminism and they are not all united on views on some of the big themes like abortion.  However there are some universal issues such as political representation and equality and human dignity on which we all agree.  So our fundraising focus this year is Stop the Traffik, the campaign to prevent the sale of people, protect anyone that has been trafficked, and to prosecute the traffickers.
This is very much a feminist cause: feminism is about how we interact with each other fairly rather than treat each other as things to be bought and sold, whether that’s selling ourselves by lap dancing, or each other through trafficking and modern day slavery.

We’re going to look at this in more detail soon, but just quickly, what did we learn that can help you set up your own Big Swish?

  • The style of event requires a premeditated decision to attend, not passing traffic and that means advertising.  Our posters were great and we got them out to the places we knew would take them plus a few more original locations (shop staff rooms in town).  We used Facebook, Twitter, got an article in the local newspaper, bits in a church newsletter, did what we could to tell everyone.  And so we did get people we’d never met before choosing to come and take part!
  • We went for a Saturday when most people were likely to be available. Early evening, somewhere with an alcohol licence might also be good.
  • We charged £2 entry and allowed unlimited clothes donations.  This works but you could also consider £1 entry and 50p an item to swap to encourage really good quality items.
  • We of course ended up with loads left over, but took a decision to donate these to another charity, the Pilgrim’s Hospice.  Old age and caring are much overlooked areas of life (and also within the feminist movement), but given the propensity of the current elderly generation to be women, we should care. Old age is a feminist issue.
  • Having pamper treatments there gave a real feel of glamour – a definite recommendation for any future event.


Doctor What next?

So  we guessed, did you?
A few thoughts before the second half of the series starts in the autumn – I’m not interested in the “I watched the filming and overheard X” spoilers, more in clues already dropped in the shows and in the official teasing by the crew and cast.

The problem with internet commentary on Doctor Who is that half is from old-Who obsessives that want old characters to link in.  In the past few weeks I’ve read about Omega, the Valeyard, the Rani etc. etc. even though I’ve absolutely no idea who they are really – I was old enough to watch Peter Davison, Colin Baker and Sylvester McCoy’s Doctors in my childhood but most of the mythology stuff seem to be from earlier incarnations.  But I think this might miss the point – the new series doesn’t have to just rely on the past for characters.  For example, when there was a reference to another Timelord in the episode “The Doctor’s Wife”, it was the Corsair – a completely new one!  The much trailed “old friend with a new face” was the TARDIS herself.

Equally some want too strong reinforcement of links to the Eccleston/ Tennant /Russell T Davis era Doctor Who and keep asking for the return of the likes of Captain Jack or Jenny the Doctor’s daughter.  Never mind the filming or family commitments of the actors that played those characters – they are simply not necessary.
Think – Jack enabled the doctor never to fire a gun and has a sucessful spin off series now unconnected to Doctor Who itself.  The Eleventh Doctor has River Song and Rory as weapons-wielders, even Amy shoots guns and flings swords around.
Jenny enabled the Tenth Doctor to talk to Donna about having been a father – which can hardly have been a revelation to the audience (William Hartnell’s Doctor travelled with his grand daughter Susan).  But it is not the Doctor’s daughter but Amy’s that is the focus of the current series’s storyline.  Jenny got to zoom off into space, leaving the door open for a spin-off if the character had been popular enough, or a reappearance if one is ever needed.

Then there are the reviews from people who clearly weren’t listening or watching.
All the stuff about how did he know Madame Vastra the Jack-the-Ripper-eating Silurian who brings a Silurian army on board Demon’s Run to help?  Well, if you watched it, she told us herself – he found her in the underground system of Victorian London taking revenge on the workers for the death of her sisters.  No mystery, but a cool character.
The Stephen Moffatt version of Doctor Who is intelligent TV – the plots are not linear but are always revealed but you need to think about what you’ve seen and there’s plenty to talk about between episodes.

OK, enough of that.  So what are the loose ends?

1) Who is River Song?

  • Yep, River Song is Amy and Rory’s daughter.  ”Melody Pond” was a massive clue, and once you threw in the comment from the dying Idris/TARDIS in “The Doctor’s Wife” that “the only water in the forest is the River” it was clear that – linguistically at least – River was going to be something to do with Melody.
  • She appears to be the Doctor’s wife too if the kissy kissy faces the Doctor pulled at the revelation are anything to go by.  They have already kissed once from the Doctor’s perspective, and for the last time from hers.
  • But what would be written on the cot in untranslatable Galifreyan?  It couldn’t be “Melody Pond/ River Song” – it was old. But hold on – timey wimey wrong order stuff…
    May be names in Galifreyan combine both parents names and she’s the mother of his future children? Or Susan’s mother?
    But equally it could have been the Doctor’s real name, in which case she’d have known it in “Silence in the Library” when she meets the Doctor for her final/ his first time.
    Or she may have known it already if she’s spent a long time with him in the TARDIS?
  • She appears to be able to regenerate: how?
    Well, there are still those little hints that she might be the Doctor’s child in some way.  Amy saying to baby Melody that her father is the last of his kind then clarifying she means Rory “the last centurion”, the Doctor answering “because it’s mine” then clarifying he means the Galifreyan cot… And we’ve had build up to the idea that Amy might actually love the Doctor more than Rory – despite the events of “Amy’s Choice” last season where she realises its Rory and always has been.  In “The Impossible Astronaut”, when in the clutches of the Silents, Amy cries for the Doctor specifically – and only possibly for Rory – the “stupid face” stuff is ambiguous and the pay off unconvincing.
    Stephen Moffatt says in Doctor Who Magazine “You’ll see The Doctor’s life change forever. You will gasp at the true nature of his relationship with Amy and cry out in horror as Rory Williams stumbles to the brink of a tragic mistake.”  Given that that relationship at present appears to be him being her son-in-law, I’m not really gasping, so there must be more to come.
    The whole Time Lord DNA thing that the army were looking for in Melody looks a promising strand of confusion and potentially tragedy in the second half of the series.  While this was explained by the “time head”/ mother’s intuition comment that the Doctor referred back to when discussing the DNA issue with his ragtag army friends, where being conceived in the time vortex might have done to Melody’s genes what billions of years did to the race that became Timelords, neither Amy nor Rory were there. Will Rory conclude that Melody is not his?
  • The Doctor heads off because he says he knows where Melody/ River is… We know too – she’s in a children’s home taken over by the Silence in 1969, then in a New York alleyway six months later. But there are so many things that are going to happen to her – not least being swallowed by a Silents-made spacesuit, possibly being in the forest and regenerating and possibly killing the Doctor…
  • Does River also answer what those sub-TARDISes (in “The Lodger” and in “The Impossible Astronaut/ Day of the Moon”) are for – for her to pilot as an alternative Timelord?

2) How will Silence fall?

  • Anyone else think the Silents fell too easily?  Manipulating humankind from the beginning, even organising for the moonlandings so that a spacesuit would be made but vanquished with subliminal messaging during the moonlanding?
  • We also don’t know how or why they blew up the TARDIS at the end of Series 5 leading to all worlds collapsing.
  • Do Madame Kovarian and the Demon’s Run asteroid army work for the Silents? Building the little girl as a weapon to destroy the famous, great warrior against whom the world must be protected…
  • The thing is, we think of the Doctor as a good man, a fun man, a kind man.  And the character is all of those things.
    He is willing to give a chance to the new species he encounters – New Humans created in the New Earth cat-run hospital, the human-timelord-dalek hybrids, the Flesh Gangers he stablisises.  But he is also ready to exterminate the last dalek in Manhattan, the vampire fish (Saturnynians), even the Timelords themselves, for the greater good of the universe.
  • Other series of Doctor Who have always had the Doctor able to slip in anywhere unknown and disappear before the consequences of events have to be handled.  This series and the last are different.  Fear of the Doctor – the great warrior able to change the world without spilling a drop of blood, the most dangerous being in the universe against whom an all-worlds alliance formed in “The Pandorica Opens” – the Doctor famous throughout all worlds for nearly a thousand years was a totally different perspective.  It fitted the darker Tenth Doctor from “Waters of Mars”, perhaps less aware of his power but completely unaware of the impact he has.
  • It was a neat trick too to have Lorna Bucket – her role was vital in both explaining who River Song is and that the darker doctor, living up to the “oncoming storm”, is a warrior.  It also sets up a forest-based story for the future in which a younger version may feature.

3) Does the Doctor die?

  • Killing the Doctor dead, mid-regeneration, gives us the choice of the series ending when Matt Smith leaves, a time reboot (again) or somehow getting a second Doctor.
    As soon as we saw the Flesh, we knew that the Doctor that dies for good in “The Impossible Astronaut” didn’t have to be the real Doctor.
    Of course, the Doctor is at pains to stress that the Flesh Gangers are real – and that the other Doctor is also the Doctor.  Interesting too that Amy trusted the Flesh Doctor more: was it prejudice on her part because of the shoes (which they had swapped)?  Or was it because she was also of the Flesh and there was a familiarity between them from that?
  • Does River kill him?  All we could see is the Astronaut that emerges from the lake.  We know that Melody is intended by her kidnappers to become a weapon and brought up to kill the Doctor – and that River is in the Storm Cage for killing “the best man she ever knew”, a good man.
  • Is the Doctor a good man? It is clear he’s a just man – think about the Sontaran nurse doing penance for his clone batch and the Family of Blood punishments. But he warns Madame Kovarian that she doesn’t want to see why he sets rules for himself.  The good man, the best man River ever knew is Rory. May be she killed her own father instead.

4) Oh my God, they killed Rory!

On that point, a few thoughts about Rory and Amy.

  • Is Rory still an auton?  No.  The Doctor used psychology to make him confront his potential fears, access the determination of 2000 years as a centurion guarding the love of his life (memories there behind a door in his head, he said), and wearing Roman clothes enabled him to go onboard the 12th Cyber fleet.
  • Is Rory dead, or going to die?  I think both he and Amy may do so before the series ends at Christmas this year.  Why?  We’ve been prepared many times now for Rory’s death: death-by-old-person, death-by-Silurean, death-by-total-eradication-from-existence, death-by-universe-reboot, death-by-FBI, death-by-old-age-madness, death-by-drowning…
  • Amy’s role is also surely almost done – she was an amazing child growing up in a house next to a crack in space and time which in itself could surely have affected Melody’s DNA. Now she’s a mother – and you can’t have a family with a small child on the TARDIS.  But we don’t know how the Silents got the glowing recorder out of Amy’s hand (easier to remove from the Flesh?), how many days she was gone (was that the real Amy with the Silents?) The Doctor says she was taken some time ”before America” – really? Or did he just notice then.

While many commentators have gone on about a gay agenda (the gay, married anglican marines and the silurian and her maidservant being the latest additions to this), far more interesting is the anti-faith agenda.  Think about it: the Headless Monks don’t need a head as their minds cannot be changed and they are heart over head.  And the religious army thing?  Moffat says the national armies of today are the aberration if you look at human history where they have mainly been religious (well, may be) – but more importantly the religious army is both the enemy of the Doctor and guardian of the prison where River is kept (perhaps she kills Rory when he was going to kill the Doctor, hence making her the enemy of the army?).  There’s an episode in the second half of this season called the God Complex.  Can’t wait to see what’s in that as there is apparently a minotaur and David Wailliams as a mole…

While Stephen Moffat’s series of Doctor Who have been criticised as too dark and too complex, I think it is true that the clues are there – they are just delivered so fast and so staccato that it is sometimes hard to catch them on a first viewing.  And that’s the perfect excuse to watch episodes more than once :)

I’m going to be hugely, embarrassingly wrong about all this in the autumn, aren’t I?

Banking on a better system?

As DG Markt Director General Jonathan Faull writes to the FT about the lobbying of Basel III and European Commission, and politicians and protesters with their “Banker Wanker” posters (and worse) blame the banks alone for the recent crisis and current financial climate…
the more windows get smashed or buildings occupied… I just wonder whether any of us really know what banks are for?

Put in really basic terms, banks basically do two things: they take in short term deposits and give out long term loans.  This is known as a “maturity transformation”.
But it seems that the major issues that caused banks to collapse were inability to properly manage this basic maturity transformation:

1)  running out of funding (like Northern Rock)
2) running out of cash (like Lehman Brothers)
3) inadequate risk management regarding quality of loans (primarily a problem in the USA).

We’ve heard a lot about the last bit, complex packages of bad debt and whatever.  Gordon Brown as PM blamed this third issue for the whole of the banking crisis.  But it is really quite simple: loans are things like mortgages, car loans, student loans, the sorts of everyday loan we can get our heads around.
Everything else is just a different way of packaging these up – e.g. as bonds to flog on the market.  That gives a different product which attracts a different sort of investor and therefore more money to be paid as interest, borrowed by those needing it etc.  Is this an inherently risky business?  Or is it the lack of transparency and understanding about what’s in the packages that’s risky?
I can’t help thinking it’s both the quality of the original loan and also management of the maturity transformation that are crucial here.

So banks borrow short and lend long.
Northern Rock basically seems to have run out of funding for its 25-year mortgages – for which it was borrowing a month at a time.  D’oh.
Lehmans, meanwhile, ran out of cash – a liquidity problem. As a bank you need to be able to pay up at all times.  Many deposits are repayable on demand, and banks have to assume they will be asked to do and if they can’t, the bank goes bust.
You can imagine Lord Sugar on The Apprentice shaking his head in disbelief that these simple concepts cannot be grasped by the self-proclaimed business experts standing before him.

While in the EU we were affected by the US sub-prime loans, unlike the US where these things were not really regulated, in the EU it was.  It’s not that banks don’t have capital standards – the existing Basel standards have been around for about 20 years.
So the Basel Convention and the European Commission are trying to design two metrics for the other two crisis causes to stop all this happening again.
There’s going to be a Lehmans Ratio – so that payments out can always be made for a month – and a Northern Rock Ratio (known as a Net Stable Funding Ratio) for a year’s funding.  And these new standards are being drawn up in just a couple of years.

Real care needs to be taken that the standards set are not so demanding that they will have a negative effect on the economy.
For example, one impact of the Northern Rock Ratio is that it reduces the amount of maturity transformation i.e. there’s more matching of assets against liabilities.  That means it is more difficult to fund long term.
Good, we might think – that means the wrong people won’t get loans.
But what about large scale infrastructure projects?  If we can’t fund them through banks, other sources of funding will need to be sought, such as the market.  And that brings a whole load of other insecurity…

While banker bashing is fun, it is not going to fix the system.  Nor will breaking up the banks fundamentally tackle this, merely making banking more expensive for consumers.  All these things really do is make it look as though the failure is distanced from the political decision making process – which of course it never can be.  Choosing not to act, failure to regulate or supervise effectively is a political decision just as much as choosing to do so.

The key question is whether our primary aim is to have processes for handling banks when they fail, or whether we should be focusing on building an economic system that doesn’t presuppose this.
As for the idea that if taxpayers don’t have to bail out the banks, we don’t have to pay, that’s to fundamentally misunderstand the nature of our economy.  If a bank fails and we pay for nationalising it through our taxes, it’s a visible cost.

But the overall increase in costs from politically attractive but economically risky metrics also affect us all – as shareholders, as mortgage borrowers facing increased interest rates or higher entry hurdles, as entrepreneurs with start-up needs or business owners looking to expand through loans, and crucially through our pensions.  Yes, you did read that right, reduced bank profits means reduced dividends which directly affect our pensions pots.
Ah, but not every one is affected, right? Mortgages, shares, workplace pensions… not everyone has them and this way the poorest don’t have to pay for the greedy bankers?  But given the lowest paid have been lifted out of tax, they wouldn’t have been hit that way anyway, so that’s just disingenuous.   We all pay.

And we shouldn’t, you may say.  Let the bankers pay!
Bankers get million pound bonuses!  Yep, some do.  In the UK, according to former City minister Paul Myners,  last year it was 5000 bankers out of a million people working in financial services.  Well, if we want to debate the inherent unfairness in pay and reward structures in our capitalist economist, and the value to the economy of farmers,  call centre workers, teachers -v- say, premiership footballers who merely kick a ball around a field for 90 minutes, that’s a whole other blog post.I think we need to differentiate between our sense of social injustice and convenient scapegoating of the bankers.

If we are to think about an economy that is about economic growth and not on bank failure,  then we need to move away from the assumption that nothing can be done and these things just happen – somehow bubbles that burst bringing down the economy are an inevitability.
Alan Greenspan had a mantra that it is cheaper and easier to mop up after an economic bubble bursts.   He’s been proved wrong.
What we really need is a more mature way of thinking about bubbles.
Bubbles are very rarely economy-wide.  So if it’s a property bubble, we need to have targeted measures aimed at deflating that sector.  How do we tell if there’s a bubble?  Loads of economic analysts argue over this, but essentially it’s a bit like pornography – almost impossible to pin down but you know it when you see it…

Is there a bubble at the moment?  Well, not easily seen.
But some food for thought – LinkedIn was recently valued at what equates to $100 a user.  I don’t know about you, but I’ve not put $100 into my LinkedIn use and would withdraw my details before seeing them sold – so unless some people are putting in thousands of dollars, I can’t see how that worth is derived.  Is this a new 1990s style internet bubble?   Who knows?

But will all this activity make the banking system less likely to fail in future? Don’t bank on it.