START THE WEEK OPEN THREAD…

Monday arrives and so time for a new one of these. Wonder what you make of the Top Gear story that is in the news today? I was talking to Jon Gaunt about it just now and my view is that whoever decided it would be wheeze to perform car wheelies stunts near the War Memorial in Whitehall should be sacked. They won’t of course, but they should. Anyway, over to you…

COULD HAVE SHOULD HAVE WOULD HAVE

It’s quite amazing to read the starry-eyed treatment the BBC affords the latest claims from Chairman Mao fan John McDonnell.

Labour insisted that the new rule was not a commitment to spend more money than the present government.Ā Chancellor George Osborne has put in place rules saying that the government will create an overall budget surplus “in normal times”.Ā Labour voted against the rule in Parliament, and Mr McDonnell said any future Labour government wanted to invest more than the Conservatives. Which could mean more borrowing.Ā The Office for Budget Responsibility – the government’s economic watchdog – will be given new powers to “whistle blow” when it believes that the “credibility rule” has been breached. And under the Labour plans it will also report to Parliament rather than the Treasury.

Spot the weasel word from the BBC. Yes. it’s “could”. OF COURSE McDonnell will increase spending – but he redefines that as “investment” in true Marxist fashion.

WHEN THE STORY IS UNHELPFUL…

An eagle eyed reader sent me this!

“Less than 12 hours after first publishing what I would think is a pretty major story, it has now been burried on the bbc news site:

ECB stimulus surprise sends stock markets sliding

The telgraph are leading with it in their business section:

http://www.telegraph.co.uk/business/

and the Times:

http://www.thetimes.co.uk/tto/business/

The BBC will bury any story that shows the EU as anything less than an economic paradise. This suits Mr Cameron very well at this time.