Sunday, August 31, 2008

Two-Fisted Tales of British Woe....,

The British chin is falling and that traditionally stiff upper lip is starting to quiver just a little bit. Should be very interesting to see how our traditional alliances hold up in the face of the massive operational failures the U.K. has bound itself to under the rubric of Bushco's middle-eastern misadventure.
"The era of cheap energy is well and truly dead and therefore Britain would do well to get its energy from sensible places and think imaginatively about where those places might be," Energy Minister Malcolm Wicks told BBC's Newsnight.

"There is a huge global grab for energy going on. We've got to make sure that Britain is protected; that we have the energy we need."
Thanks to my man RC who placed this little Guardian bon mot in my inbox;
Britain is facing "arguably the worst" economic downturn in 60 years which will be "more profound and long-lasting" than people had expected, Alistair Darling, the chancellor, tells the Guardian today.

In the government's gravest assessment of the economy, which follows a warning from a Bank of England policymaker that 2 million people could be out of work by Christmas, Darling admits he had no idea how serious the credit crunch would become.