June 2017

Ahahahahaha, Ahahaha, it was the vacuum cleaner at BA!

The incident is thought to concern an uninterruptible power supply (UPS) which delivers a smooth flow of power from the mains, with a fall-back to a battery back-up and a diesel generator.

This week BA’s parent company, International Airlines Group (IAG) admitted that the supply to Boadicea House, a data centre, was temporarily lost. An internal investigation found that the UPS, believed to have been supplied by Hitec Power Protection, was functioning correctly at the time.

One BA source said it was rumoured that a contractor doing maintenance inadvertently switched the supply off, although this has not been confirmed.

An internal email from Bill Francis, head of group IT at IAG, appeared to confirm this version of events. The email, leaked to the Press Association, said: “This resulted in the total immediate loss of power to the facility, bypassing the backup generators and batteries . . . It was turned back on in an unplanned and uncontrolled fashion, which created physical damage to the system.”


Feminism caused obesity!

The obesity crisis was fuelled by feminism, a senior food policy adviser and founder of a feminist magazine has said.

Rosie Boycott said that the encouragement of women to enter the workplace rather than become housewives resulted in everyone giving up cooking.

It’s not actually true of course but it is fun. Obesity is, as any fule kno, caused by central heating.

Is Phillip Inman really this stupid?

But, more importantly, working for a PAYE employer will be considered a mug’s game compared with running a small company and paying 19% corporation tax. Even under Labour, someone earning £80,000 could swap a 45% tax rate for a 26% corporation tax rate.

There is tax to be paid again when the money is taken out of the company you fool.

The Tories meanwhile will make the situation worse by increasing the personal threshold further, taking even more people out of the tax system. Such a move will disempower future governments from helping the lower-paid through the tax system.

Yes, yes, he is this stupid. If we stop taxing poor people now then we can’t stop taxing them in the future.

So, construction is now soldiering, is it?

The construction firm Mears has banned its workers from having beards, citing health and safety grounds.

Staff were told of the decision at a “tool box talk” in Tower Hamlets, east London, that beards were now banned so that workers could “wear appropriate dust masks effectively”.

Mears has said workers need to be clean-shaven in order to be safely fitted with a tight-fitting face mask when working in dusty environments, and exceptions are only made if a worker can’t shave or a mask cannot be worn for medical or religious reasons. But for the company to allow this either a medical certificate or a letter from a place of worship must be presented.

Can we say elfnsafetygonemad yet?

Tempting fate from Spudda

It’s time this country understood economics


There is much discussion in the media this morning on Amber Rudd. The rumour is she will replace Philip Hammond as Chancellor after the election.

Well, that is terrifying, yes. But:

First she made allusion to Monopoly, implying (without giving any hint that she had ever played the game) that there was a finite supply of money. I tweeted in response:

Richard Murphy‏ @RichardJMurphy 13h13 hours ago
I have news for Amber Rudd: there is a magic money tree. It created the £435 billion used to fund QE, entirely without cost to the taxpayer

Ah, yes. And that’s where we have to get back to all that stuff about base money, wide, credit, and the monetisation of debt. Because there is still this horrible mistake at the heart of Ritchie’s understanding here. For you can indeed create as much base money as you like at zero cost. But if you go and spend it into the real economy – note QE specifically and deliberately did not do that – then you will have a cost. Soaring inflation. This is the Zimbabwe/Venezuela plan.

And Ritchie will come back with Aha! MMT! We just tax back that excess money creation to avoid the inflation!

And taxing it all back will not be a cost to the taxpayer, eh?

But he, as ever, gets more delusional:

Sean Danaher has suggested over on Progressive Pulse that now is the time for work on an Economics 101 programme and I agree with him. But I wonder if the implicit assumption, that this be pitched as a basic undergraduate course, isn’t too advanced. This country is nowhere near GCSE understanding on economics right now.

I think a year 9 course would be much more appropriate than a text at an undergraduate level introduction as a consequence. But that is actually quite tough to think about. That requires very precise structuring, the introduction of big ideas in small chunks of text, and yet the integration of the themes into an overall narrative. The prize may be worth the effort. But I have noi idea if I have the time.

It’s not your time we’re worried about matey. It’s your knowledge of the subject under discussion.

Perhaps if we mentioned that the writers of basic GCSE textbooks make vast sums of money he’d go and do that instead of bothering the rest of us for vermine?

Interesting theory

A controversial university study has come under fire for claiming that lesbian and bisexual attraction exists because ‘men think it’s hot’.
The offending report was published on Science Direct by Menelaos Apostolou, an assistant professor at the University of Nicosia in Cyprus.
In his paper entitled ‘The evolution of female same-sex attraction: The male choice hypothesis’, Apostolous comes to the conclusion that same-sex attraction in women stems from male desire – all based on his poll of 1,509 men.
The academic went on to say in an interview that a ‘considerable proportion of men desire same-sex attractions in women’, which he cites as a ‘possible reason’ why women have them.

This is an interesting idea

A simple decade-long moratorium on private housebuilding would bankrupt housebuilders, scare off the capital, and collapse the price of land, allowing councils and social housing providers to purchase land and build homes that Londoners desperately need.
Michael Ball
Waterloo Community Development Group, London

Most, umm, interesting.

Well, yes, but

Mr Moscivici said: “The euro is already a symbol of unity and a guarantee of stability for Europeans. We now need to make it a vehicle for shared prosperity.”

It’s not actually very stable, is it, vide Greece.

And the structure is just entirely wrong to produce prosperity. Only a couple of problems there.