Thursday, March 26, 2009

Everything is not peachy

Queen invites Mervyn King, Bank of England Governor, to palace

In the midst of the economic crisis yesterday, when news about the nation’s finances dominated every news bulletin, the Queen did something she had never done before; she held an audience with the Governor of the Bank of England, at Buckingham Palace, for the first time since she came to the throne 57 years ago. For half an hour she and Mervyn King were in a room alone as they discussed the state of the economy. No one else was there: no advisers, no officials, no one to take notes of what was said. And no one — not unless Mr King lets indiscretion get the better of him when he comes to write his memoirs — will ever know what they said to each other.

Posted by quiet guy @ 01:09 AM (2328 views)
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34 thoughts on “Everything is not peachy

  • It’s easy to forget just old the Queen is now. Despite being in her mid eighties, she still keeps up a busy schedule, and has always sought to be well informed about what is going on in the Commonwealth.

    Her comments at the LSE suggest that she was less than impressed by the abject performance of those who should have been the wisest heads in the financial markets; and her invitation to our Merv suggests that she figured he was the best person to give her an honest take on the situation.

    Good for her.

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  • Seen It All Before says:

    The Queen probably wants to know when the best time is to get rid of her Toxic assets

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  • I’d love to see the Queen ‘take control’ of the situation.

    Disolve the existing Government and give Gordon and Alistair jobs in a museum where they belong with their history degrees.

    Select the best people for the various jobs from different parties and form a new Government based on that.

    The new Government having a 10 year sit on this occassion to sort the problems out properly with ‘electioneering’ squing decision making.

    All the selected Cabinet would work on standard salaries witha £1m bonus each payable in 10 years time providing a pre determined set of criteria had been achieved in their entirity.

    This would at least give us hopefully the best we have with a prime focus of sorting out the mess without ‘politics’ getting in the way.
    Also with a strong incentive to work as a team and achieve their goal.

    I hope her majesty is a secret HPCer.

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  • God Save The Queen (0.5% APR)

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  • Talk Of A Very British Coup- Vince Cable

    Look who had a chat with HRH after Mervyn !

    Buckingham Palace Court Circular

    24th March, 2009

    Miss Kathryn Tickell was received by The Queen today when Her Majesty presented her with The Queen’s Medal for Music.

    Sir Peter Maxwell Davies (Master of The Queen’s Music) was present.

    Mr. Mervyn King (Governor of the Bank of England) was received by Her Majesty.

    Air Chief Marshal Sir Jock Stirrup (Chief of the Defence Staff) was received by The Queen.

    Brown and Mandelson out of the country, the signals are coming thick and fast, they are even re running ‘To play the King’ and ‘House of Cards’ on Sky.

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  • str… I agree. I always thought MP’s should be paid much more than they are. Running the country has many similarities to running a company – just on a massive scale. You want the best people for the job so should pay accordingly. And it should clearly be performance related to a large degree. Too many people come into politics to massage their own egos and these people need to be fired. Why don’t we properly assess politicians to understand their personalities better and their motivations for the job – not to mention their capabilities?

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  • sorry typo

    with’out’ electioneering squing the decision making. (How do you spell squing, scquing, squeuing – having a blank) the decision making.

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  • The Times: Queen invites Mervyn King, Bank of England Governor, to palace

    Mervyn’s next mission will be a biggy.

    Keep trading the chaos……. Money is not lost or won it’s transferred.

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  • Queen invites Mervyn King, Bank of England Governor, to palace.

    Mervyn’s next mission will be a biggy.

    Keep trading the chaos. “Money is not lost or won, it’s transferred.”

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  • str… you mean skewing?

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  • happy mondays says:

    Back to the late 70’s

    God save the queen
    The fascist regime
    They made you a moron
    Potential H-bomb

    God save the queen
    She ain’t no human being
    There is no future
    In England’s dreaming

    Don’t be told what you want
    Don’t be told what you need
    There’s no future, no future,
    No future for you

    God save the queen
    We mean it man
    We love our queen
    God saves

    God save the queen
    ‘Cause tourists are money
    And our figurehead
    Is not what she seems

    Oh God save history
    God save your mad parade
    Oh Lord God have mercy
    All crimes are paid

    When there’s no future
    How can there be sin
    We’re the flowers in the dustbin
    We’re the poison in your human machine
    We’re the future, your future

    God save the queen
    We mean it man
    We love our queen
    God saves

    God save the queen
    We mean it man
    And there is no future
    In England’s dreaming

    No future, no future,
    No future for you
    No future, no future,
    No future for me

    No future, no future,
    No future for you
    No future, no future
    For you

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  • timmy t

    Thank you ‘skewing’ that’s what I was after.

    Happy Mondays
    You’re not telling us Malcolm McLaren was a profit are you ?

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  • Sir Merv, Bring that one eyed monster to me…. and off with his feckin head

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  • 8. happy mondays

    Thanks for reminding me of more adventurous days.

    The golden bullet in the Pistol!

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  • happy mondays: if you know the words to “white riot” I’ll be impressed

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  • Malcolm McLaren was profit!

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  • We are all showing our age now.

    HPCer’s are OAPer’s.

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  • happy mondays says:

    White Riot – The Clash
    We need some creative angry energy around us, to kick all our asses for being so complacent

    White riot – I wanna riot
    White riot – a riot of my own
    White riot – I wanna riot
    White riot – a riot of my own

    Black people gotta lot a problems
    But they dont mind throwing a brick
    White people go to school
    Where they teach you how to be thick

    An everybodys doing
    Just what theyre told to
    An nobody wants
    To go to jail!

    All the powers in the hands
    Of people rich enough to buy it
    While we walk the street
    Too chicken to even try it

    Everybodys doing
    Just what theyre told to
    Nobody wants
    To go to jail!

    Are you taking over
    Or are you taking orders?
    Are you going backwards
    Or are you going forwards?

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  • Happy Thursdays.

    Love it………….. Bob Dylan had lots of kids. RIP

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  • “I’ve always liked the name Merv, you know”

    “Really your majesty?”

    “Oh, yes. Just saying it makes my spine tingle”

    “Really your majesty”

    “Yes Merv it does. Merv. Meeeeeerrrrvvv. Oh yeah, c’mon Merv. Nobody else is here. Mmmm yeah – you smell so bad but you **** so good”

    That’s what I reckon happened anyway. Sorry to lower the tone.

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  • 17. inbreda

    Sex pistol will never mean the same to me now.

    However will an article this HEAVY some may want to make light of it on here.

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  • Seeing as we are – even in the absence of Glorious Sunshine – quoting lyrics, I shall add my tuppence worth.

    When the people of the country have forgotten how to disagree
    And the national economy is said to be O.K.
    And the wages that you get will help you to forget
    Will you keep your ideologies or throw them all away?

    When the system has you beaten even now you haven’t eaten
    Cos you can’t afford to eat and drink to keep your brain alive
    You blame the system for the weather but carry on as ever
    You go to work at half past eight and come back home at five

    You can go blue in the face talking about about the human race
    How they got to outer space but it never stopped the wars
    And how the whole of this humanity is based on greed and vanity
    The ones who make decisions are the ones who makes the laws

    But you’re still in this society so what’s your main priority?
    Remain in the majority who never really cared?
    Or cultivate the hate to annihilate the state
    Are you prepared to die for your beliefs or just to dye your hair?

    The anarchist, the nihilist, but can you prove that you exist
    To a population who insist you’re just a bunch of fakes?
    You cannot change the system ’til you change your own restrictions
    Communication and conviction got to kick until it breaks

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  • “Last November, during a visit to the London School of Economics, [Her Majesty] asked why nobody had seen the credit crunch coming”
    – well they had, and I thought you were an avid reader ma’am! Even a hippy who was busy writing an album in a cave in Devon saw it:
    “””
    Lie, cheat, deceive, connive;
    Buy now, pay later
    Consolidate your loans;
    Take more, give less
    Drive big, eat all you can;
    Survival of the fattest;
    Shock and awe ’em;
    Regime change;
    Do as i say, not as i do;
    Eye for an eye;
    Free money if you fall over;
    Sue the company;
    Diminished responsibility;
    Everything is acceptable
    – As long as house prices don’t crash.
    “”” – Ott

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  • Inbreda whose lyrics? excuse my ignorance!

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  • Ok if you can’t beat em. Bring on the Floyd.

    Money, get away.
    Get a good job with good pay and youre okay.
    Money, its a gas.
    Grab that cash with both hands and make a stash.
    New car, caviar, four star daydream,
    Think Ill buy me a football team.

    Money, get back.
    Im all right jack keep your hands off of my stack.
    Money, its a hit.
    Dont give me that do goody good bullsh1t.
    Im in the high-fidelity first class traveling set
    And I think I need a lear jet.

    Money, its a crime.
    Share it fairly but dont take a slice of my pie.
    Money, so they say
    Is the root of all evil today.
    But if you ask for a raise its no surprise that theyre
    Giving none away.

    Huhuh! I was in the right!
    Yes, absolutely in the right!
    I certainly was in the right!
    You was definitely in the right. that geezer was cruising for a
    Bruising!
    Yeah!
    Why does anyone do anything?
    I dont know, I was really drunk at the time!
    I was just telling him, he couldnt get into number 2. he was asking
    Why he wasnt coming up on freely, after I was yelling and
    Screaming and telling him why he wasnt coming up on freely.
    It came as a heavy blow, but we sorted the matter out

    And the relevance to HPC? lol

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  • The conversation in full:

    ‘the country looks totally knackered Mr King. Is it time to move my family’s assets offshore?’

    ‘Yes ma’am’.

    ‘I’ve got some gold things here . . . nice stuff . . . no rubbish. What’s your best price?’.

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  • If one wanted to know what ones Bank of ones England was up to, one should have asked ones former Govenor of ones Bank (the benighted ‘fast’ Eddie George) he saw all of this coming and told us so.

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  • 51ck-6-51x , inbreda , happy mondays, this thread has a very creative thread to it!

    51ck-6-51x fom Monday :- my response in brackets [ response ]

    4. 51ck-6-51x said…troy I value almost all posts (sometimes I ignore them due to time restrictions however) and I certainly value your posts more than a three liner in the metro with no substance.

    You will see from other posts by me, that although I am a capitalist I agree with you on many things – I am not a consumerist and not a run-of-the-mill capitalist. [I belive the ‘left right other’ structure of our so called democracy is intended to divide and rule] I believe that the central bank system is badly flawed and that the link between government & market is inherently bad for both the democratic system and the free market system…[ agreed] have a read about anarcho-capitalism and liberalisation [not directly but I will] (Do you read Alex Jones’ infowars?) [no, except to check up on what the ‘fruit cakes’ are up to. Jones is way too full on and heavy most of the time. There a plenty of informative sites that approach issues in a calm and pragmatic manner]

    (I’m off out now but will make sure to check for response tomorrow). [sorry I’m a bit late, busy days]

    Monday, March 23, 2009 05:56PM [end]

    I’m showing the documentary ‘Money as Debt’ in my local pub tonight, that (the film) is backed by the ‘Money Reform Party’ I am totally independent, even upset TC & R2 Monay

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  • sorry crunchy missed you off the thank you list, I was writing while you posted

    OK who’s gonna hit us with 10cc?

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  • Mervyn now one has one seated and in the privacy of ones castle can you politely and quietly tell Queenie how you are going to save the royal pound?

    Even the USdollar is kicking it’s royal butt and next week looks no better. It’s odd that one should be shorting ones own currency.

    Please Merv if you can save the not so sterling pound I will be nice to you! There was a long pause of silence……………………………………………………………………………………………………………………………………………………………………?

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  • Freewheeler says:

    Inbreda and Lierbag

    Merv and Queen “How can we bleed more money and possessions from the surfs. They have too much money and power. We need to get back to the good old middle ages.”

    I see there are still some optimistic people here who really believe all these talks and meetings are in honour of the good people. Ha ha.

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  • lierbag,

    In the darker days of WWII, King George VI encountered the chief Rabbi, Joseph Hertz, at a social function. The King asked the Rabbi what he felt about the prospects for the war, to which Hertz replied:

    “Sir, if I were you, I’d put the colonies in your wife’s name”

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  • Do The Wall Street Shuffle
    hear The Money Rustle
    watch The Greenbacks Tumble
    feel The Sterling Crumble
    you Need A Yen To Make A Mark
    if You Wanna Make Money
    you Need The Luck To Make A Buck
    if You Wanna Be Getty, Rothschild
    you’ve Gotta Be Cool On Wall Street
    you’ve Gotta Be Cool On Wall Street
    when Your Index Is Low
    dow Jones Ain’t Got Time For The Bums
    they Wind Up On Skid Row With Holes In Their Pockets
    they Plead With You, Buddy Can You Spare The Dime
    but You Ain’t Got The Time
    doin’ The….
    doin’ The….
    oh, Howard Hughes
    did Your Money Make You Better?
    are You Waiting For The Hour
    when You Can Screw Me?
    `cos You’re Big Enough
    to Do The Wall Street Shuffle
    let Your Money Hustle
    bet You’d Sell Your Mother
    you Can Buy Another
    doin’ The….
    doin’ The….
    you Buy And Sell
    you Wheel And Deal
    but You’re Living On Instinct
    you Get A Tip
    you Follow It
    and You Make A Big Killing
    on Wall Street

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  • Queen: Well?
    King: Maam, It wasn’t me honest it was Gorden.
    Queen: Well, one shall be talking to Gorden about this believe me.
    King: it’s no use – with respect Maam, he has, as the public of this once great country like to say ‘Lost It’. – He’ll deny there’s a problem and then when pushed he’ll say it’s not his fault but that it’s a global problem that started in America.
    Queen: We shall see about that – someones head needs to roll for this.
    King: Please don’t tell Gorden I said anything – I’ll be finished.
    Queen: Goodbye King.

    King exits the room singing to himself:

    I been laid off from work
    My rent is due
    My kids all need
    Brand new shoes

    So I went to the bank
    To see what they could do
    They said son – looks like bad luck
    Got-a hold on you

    Money’s too tight to mention
    I can’t get an un-em-ploy-ment ex-ten-sion
    Money’s too tight to mention

    I went to my brother
    To see what he could do –
    He said bro-ther like to help you
    But I’m unable to
    So I called on my fa-ther fa-ther
    Oh my fa-ther
    He said

    Money’s too tight to mention
    Oh mo-ney mo-ney mo-ney mon-ey
    Mo-ney’s too tight to mention
    I can’t even qual-i-fy for my pension

    We talk a-bout rea-gan-om-ics
    Oh lord down in the con-gress
    They’re passing all kinds – of bills
    From down cap-it-ol hill – (we’ve tried them)

    Money’s too tight to mention
    cut-back!
    Mo-ney mo-ney mo-ney mon-ey
    We’re talk-in’ a-bout mon-ey mon-ey
    We’re talk-in’ a-bout mon-ey mon-ey
    We’re talk-in’ ’bout the dollar bill
    Now what are we all to do
    When the mon-ey’s got a hold on you?
    Mo-ney’s too tight to mention
    Oh mon-ey mon-ey mon-ey mon-ey
    Mo-ney’s too tight to mention
    A-mero – mon-ey oh yeah
    We’re talk-in’ a-bout mon-ey mon-ey
    We’re talk-in’ a-bout mon-ey mon-ey
    We’re talk-in’ a-bout mon-ey mon-ey
    We’re talk-in’ a-bout mon-ey mon-ey….

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