903 days ago
As I have noted before, Oxfam, a charity that likes to cover up for peadophiles, does not care about the truth when it comes to getting money to build up its empire. For when tapping up gullible old Guardian reading fools like my Dad, Oxfam repeatedly insists that poverty around the world is increasing. You do want to fight poverty don't you Dr Winnifrith, you bleeding heart liberal, so get your cheque book out! How can the old man argue with that?
921 days ago
The Mrs has been to see her new colleagues in the Grim North and has been given her lecture schedule for next term. And on it is a talk called “Greed is Good”. Of course it damn well is.
2067 days ago
Globo (GBO) is now the No 1 short on AIM and I explain why. Then I take a listener request - this is one off favour - and look at Messaging International (MES). Then onto LGO Energy (LGO) where I explain why the Bulletin Board morons are wrong and my target price is either 0p or 0.2p. UK Oil & Gas (UKOG) is heading down to 0.75p and I explain why. Rurelec (RUR) could well be a zero but is certainly a slam dunk sell. And then it is back to preparing my lecture for the lefty sociology students of the Mrs tomorrow "Capitalism makes the world a better place for all (Greed is Good)"
2080 days ago
Okay not full time. In fact not even part time. But I am going to give a lecture to the young folks at the University where the Mrs teaches on 21st October. Normally these impressionable young people have their minds filled with left wing nonsense. But they are in for a bit of a change and a bit of a shock
The lecture is titled “Why capitalism is good for all” with the subtitle “Greed is good”. When I told this to a mad lefty friend of my wife at a Birthday party on Sunday – without mentioning the subtitle - he said “presumably with a question mark at the end”.
This was the fellow that went on to state that sociology lecturers across the South West subsidised the City. That is to say the private sector. Whatever. Naturally
2104 days ago
The Mrs has finally relented, realising that if I give a lecture to her students then it is one less for her, an overworked public sector employee, to have to prepare for. And so her students in sociology will have their “capitalism module” lecture from me. This will be a bit of a shock since, as you might imagine, the gist of this module is normally “Capitalism is evil”. My lecture will be titled “Capitalism Makes the World a Better Place for all” with the subtext – Greed is Good.
I cannot wait. For too long these impressionable young folk have had their minds filled with failed Marxist theories by folks with no private sector experience. Now they get to learn how the world really works and why the answer to all its problems is more capitalism and more freedom not more intervention and oppression by the dead hand of the State.
The Mrs, the woman formerly known as the deluded lefty, has imposed two conditions.
2321 days ago
Tara, who makes her video debut below, may not be related to Oakley but the two have lived together for all of their 13 years. She may be sleek and slim but she is the capitalist cat. Oakley does nothing all day and is thus sometimes referred to as Benefits Street. Tara believes that Greed is Good and thus eats far more than Oakley either from her food bowl or by snacking on human food whenever she can grab it. I guess she has a higher metabolic rate than Oakley and she also takes plenty of exercise patrolling the garden.
I first met the two of them in the Isle of Man after the sudden death of my previous cat Kitosh. His ashes travelled with me in the years that followed and are now buried in a wooden cat shaped urn underneath a newly planted thyme bush at the bottom of our Garden in Brislington.
At the MSPCA sanctuary as I wandered along seeking a replacement for Kitosh the sweet young kittens grabbed all the attention. But in one cage there were two much older cats Tara and Oakley. Well I was told there were two. Oakley
2349 days ago
As you may know the Mrs has decreed that I cannot work in the house because I make it untidy, stop her having freedom to canoodle three legged cat Oakley, watch Coronation Street and “work” on Facebook, etc. And so I was consigned to the garage as my new study. As October turned to November I flagged up that the garage was a little on the nippy side.
And so for Christmas by biggest present was a radiator. I have until now managed to avoid using it and have happily worked away in the kitchen. The Mrs has this morning put her little feet down and so I am now in the garage. The radiator is blasting away against my left leg which is toasting nicely. My right leg is about surviving. But above the desk my fingers are freezing as I tap away. I suppose it keeps me awake. The Mrs is however almost quoting the blessed Margaret – of whom she strongly disapproves: “The lady is not for turning.”
Meanwhile as a birthday present I am to be allowed to give a lecture to the sociology students currently taught by the Mrs. These impressionable young people currently have their minds filled with all sorts of nonsense
2357 days ago
Christmas was a kids heavy zone for the Mrs and I, mine, nephews, god-children, the works. From 26th December to January 2nd there were the various noises children make everywhere in our lives. In a house which normally contains two quiet adults and two quiet cats it came as a bit of a shock. And then suddenly it was all over. The last children departed and the house was just still. It seemed almost surreal.
And now the only noises we hear are keyboards tapping away, West Wing DVDs in the evening and a vomiting cat. It is not Oakley the three legged creature known as Benefits Street. Having hidden under beds and duvets for almost a week to avoid being smothered with infantile embraces he is now back to his normal routine of sleeping for nearly all of the day in what was once known as the marital bed but what he now regards as his bed. Occasionally he makes an appearance downstairs for food or to watch the West Wing with us.
It is Tara who is making the noise. Thin as a rake and very feminine Tara is the capitalist cat. That is to say she thinks that “greed is good”. Which of course it is. But when she cannot rouse myself or the Mrs to provide here with more food plus some of her Christmas treats (cat nip biscuits or 2 calorie morsels known as Dreamies) she has taken to eating bits of the Christmas tree. And then being sick in a most demonstrative and noisy manner.
It breaks the silence.
2542 days ago
The steam is rising gently off the green fields of Oxfordshire and Berkshire as the 4.47 AM from Bristol speeds from Didcot and onto Reading. But for once I am not alone in my carriage and there is a strange smell.
I know that at Reading we will be joined by throngs of City folk heading into London. I will have to move my bags currently sprawled over three seats and the carriage will be filled with tap tap tap tap sounds as irrelevant messages are sent by one and all via blackberry and iPhone. For now I stare out of the window in relative peace, wondering why this land is so beautiful.
2775 days ago
Greed, as I argued at the weekend, is good. I believe in capitalism in its purest form. But AIM is not pure capitalism it is crony capitalism, a mechanism for transferring wealth from the many (that will be you reading this piece, private investors) to the few.
I was chatting to Paul Scott on this matter earlier. He used the phrase Cannon Fodder to describe how some in the City view private investors. He is kind. I would say most in the City view we mere plebs in this way.
The fact is that 80% of companies on AIM will never, ever generate a cent of free cashflow.