
It is the same card as last year, but it is more appropriate than ever.
"Life can only be understood backwards; but it must be lived forwards" - Søren Kierkegaard


Oliver Postgate the creator of the Clangers (see photo) and of other children's (and adult) favourites died yesterday at the age of 83. He fitted into a famous background.
Here is a BBC News item of some 2,000 words by Robert Preston (see photo) in which he makes claims about what is likely to arise out of the current global economic collapse. He states that - "A New Capitalism is likely to emerge from the rubble. And although it's impossible to be precise about how the reconstructed economy will operate, parts of its outline are taking shape.....For many, the New Capitalism may well seem fairer and less alienating than the model of the past 30 years, in that the system's salvation may require it to be kinder, gentler, less divisive, less of a casino in which the winner takes all.....(however) the return to equilibrium, to a more balanced global economy, is happening in a horribly painful way that's impoverishing millions of people."
The Iraqi Parliament has agreed to a plan that would see the withdrawal of US troops from their country by the end of 2011 and their removal from the streets by the end of June, 2009. It leaves open the question of whether the US will then obtain future bases in their country. And whilst a referendum will be held about the current decision, this will not take place until July 2009 after US troops have been returned to their barracks. A rejection of the plan would then speed up troop departures and would probably create a political situation in which the US would find it more difficult to establish permanent bases in Iraq.
Here is a another picture of Pascal Chimbonda in Sunderland's change strip. He will be found seated on the hallowed turf of local Sheffield FC's ground. The incident occurred yesterday evening when he did one of his trade mark 180 degree turns and twisted his ankle.
Tomorrow's Pre-Budget Statement should seek (a) to stimulate demand in the economy, (b) with the knowledge that monies will need to be paid back at some stage - although if the package works and demand grows then some of the payment for it will be self-financing. I will judge what is proposed by Alistair Darling to the extent that it fits in with the following pattern. But I won't be holding my breath.
At long last I made it to a football match at Sheffield FC's ground. This was on Tuesday evening and it was 8 weeks since I had attended. On the surface it looked as if we were in for a drubbing.
The economic downturn does not stop for breath. Financial and business decisions are made which circulate the world in an instant. Each loss of confidence, spreads its own momentum. So the answer for some politicians is to seek to re-establish growth (and hence confidence) via measures such as interest rate cuts, tax cuts, co-ordination and Bretton Woods-style regulations.