Veteran forecaster Douglas McWilliams said: "The signals seem to be building up for some kind of market crash – shares and many bonds are already down significantly from their recent peaks. At the beginning of this year we gave one-in-five odds on a UK double-dip. The chances now are about one-in-three."
And will they recall parliament? Will there be a debate? Would there even be a point in having MPs talk about it? In fact, what is the point of MPs?
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You expect the NOTW to be a bottom-feeder – which means that a former editor is bound to be tainted. This is not the sort of man a Conservative leader should hire as his director of communications. And that much of the current affair is relevant and important. It strikes at the lack judgement of Cameron – which we already knew to be poor. The man is not fit for office.
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The key facts on global warming are already known and leaders should not wait for the next edition of the UN climate panel's report to step up action, says " the body's top scientist".
This is according to AFP, recording Rajendra Pachauri on a visit to Paris, ahead of a five-day meeting of the IPCC in Brest. The 4th IPCC report released in 2007, "is very clear" says Pachauri. "We have enough evidence, enough scientific findings which should convince people that action has to be taken".
"Based on observation, we know that there will be more floods, more drought, more heat waves and more extreme precipitation events. These things are happening", Pachauri added.
The man then goes on to "caution" that the "widely accepted goal" of preventing average global temperatures from increasing by more than 2.0 Celsius (3.6 degrees Fahrenheit) compared to preindustrial times is fast slipping beyond reach. To achieve that goal in a cost-effective manner "concentration of greenhouse gases [in the atmosphere] must peak not later than 2015," he says.
And with that, AFP tells us that the IPCC "weathered a firestorm of controversy in late 2009 and 2010" when several "minor but embarrassing errors" were uncovered in the massive 2007 report, leading to initiatives to tighten standards for inclusion and review of material. Pachauri, it says, was re-elected chairman of the IPCC in 2008.
Now, the point of all this is that, in Pachauri's own little world, nothing has changed. The dramas and controversies of climate change have passed him by, not ruffling a single hair on his bronzed head. The world has stood still.
And with the BBC also closing down on access, the hand-waver community is also making time stand still. Nothing, but nothing, changes in their world. We are not getting through to them.
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If I remember rightly, parliament was not recalled during the banking crisis, and was never actually to debate the events or issues arising. Yet, on this issue we have our pretend prime minister flying in early from a foreign visit, and the parliamentary session extended, so that the ghastly crew of MPs can obsess in public.
We are told, though, that the tawdry Cameron will be forced "to explain damaging new revelations today that have dragged him deeper into the phone-hacking scandal".
The essence of this is that Neil Wallis, the former NOTW deputy editor worked for the Conservative Party before the general and gave "informal" advice to Andy Coulson. Also, we learn that his chief of staff, Ed Llewellyn, had appealed to Scotland Yard not to mention hacking during a Downing Street briefing last September, four months before Mr Coulson his government post.
Stirring the pit to see what floats to the surface is never a particularly pleasant occupation, but all it really does is confirm the general observation about Cameron and his chums. The Conservative Party and the apparatus of government have been taken over by a low-life claque, in and amongst a corrupt, decadent establishment.
It is this low-life scum, however, that is soon going to be pitched into a battle to save our economy, and even our way of life. They are ill-prepared to do so, not only because largely they are incompetent but also because they have spent most of their lives mired in their own ordure and have lost any capacity for mature judgement - if they ever had it.
Under pressure, these men (and women) – attuned only to palace politics and court gossip - will do the wrong things, mostly for the wrong reasons, misunderstanding the signals and displaying their ignorance and incompetence at every turn. And from within, the media claque and the bubble-worshippers will snarl and spit as their tiny world collapses around them.
Sadly though, we the people, will pay the price. These gilded buffoons, in their armoured limousines, skulking behind their concrete barricades and machine-gun toting thugs in blue, will cream off the last dregs of exhausted Treasury funds to line their own pockets, before the entire edifice falls apart.
All that will then stand between them and the mob, as we saw in Greece, will be lines of riot police and industrial quantities of tear gas. That is what awaits them, and this is what awaits us - until we do rise up and slaughter them. Not one of these vain, prancing fools in their foetid bubble should be sleeping soundly. The wind has been sown ... the whirlwind awaits. The fine-suited scum (pictured) have brought it on themselves.
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