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Showing posts with label British politics. Show all posts
Showing posts with label British politics. Show all posts

Sunday, January 8, 2023

WHY HARRY AND MEGHAN BUGGED OUT


About what I thought (based on those who have read advanced copies of Spare.. The life of a prince or princess is long hours doing UK public relations.  Diana struggled with this, wanting to be mom rather than leave the kids to live with nannies and other staffers grooming them as future royals.  So when H & M got the same push, they rebelled.  Atop this was the Brit paparazzi taking racist potshots and perhaps some racism within The Firm, as they call it.  Meghan was given no protection and couldn’t fight back, something a celeb wants to do to save their image.  The Brits/Scots want a candy-coated image of the royalty that borders on perfection (the way we want no ill said of any of the Presidents on Rushmore.) That’s why you read many Brit writers slamming Harry and Meghan for their opinions of the royal family. Add to this perhaps arrogance of step-mother Camilla  

            But the family life of British royals is not good.  Staff parenting is how you get rich-kid characters like Charles, Andrew and Margaret. (That Elizabeth II turned out okay is perhaps tribute to finding the love of her life at age 14 in the Greek prince, Phillip) This does not happen so much with Sweden, Denmark, and Netherlands royalty who have smaller work loads and more family life.  Harry concluded that both Charles and William are trapped/sold-out within the workings of The Firm. It has also led to a long, sordid history of marital infidelity by just about every king, even after the Reformation.  So while the British pundits tisk over American’s owning too many guns and having gun crime, we should smile and be thankful our ancestors rebelled.

Friday, December 16, 2022

Meghan and Harry spat with royals explained

It works like this.  The king no longer rules, he and family are in charge of  British Public Relations. This includes a lot of boring stuff, ribbon cutting at a local senior center, honoring some British scientist, etc. They use lots of pomp and circumstance that tourists love and so it is a net win for UK to keep them funded—about the same  price as running a single NFL team with lots more ancilatory sales.  In projecting a good image, they are stuffy and boring, which has led a lot of Brits to shrug and say, “Let’s abolish the monarchy.” Exactly what the monarchy DOESN’T WANT. So they leak a lot of snippets of life of the royal family to give some spice to things.  Most the the Brits would rather see an occasional fight, rather than the Queen's Welsh Corgis, but this threatens the Institution.  So they hide most spats. Thus the paparazzi are fed and watered with trivia, but nothing is damaged.

            When a new person arrives on the scene, a child grown up or a new wife, they can be quite unsettling, not just to the family that has learned to be quite formal and stuffed shirted, but also the staff who have been working with them for decades.  And the staff are the ones who do most of the leaking to the tabloids. Such a newcomer was Diana, who wanted to cuddle her kids instead of assigning them to a nanny or farming out their coming of age to some crusty uncle who has a castle on the Scottish coast. Diana was mom in the modern romantic sense.  Ah, but there has hardly been an English king going back to Alfred the Great who didn’t have mistresses. So Charles and Diana had such a problem and her usurpation of staff's job of child rearing, ticked off the leak-givers.  All manner of events were retold by the tabloids that cast Diana in a poor light. 

            When Harry and Meghan married, the same oblique criticism of his new bride had already taken place.  Eventually, after it began it became a veiled racism by that minority of the press who wanted to indulge it.  Harry is pissed that no one rushed to defend his love, and so he did. The leaks were lies, after all.  Her approval ratings slid to low levels and she was offended, but according to Harry, no one at the palace wanted to talk about it.  He clamored for audience over this, but was rebuffed by the Queen’s staff (one of whom has now resigned, having been caught in a rather dogged race-laced grilling of another British citizen of Caribbean/African descent.) Meghan moved to Canada. Harry said he wanted to do less royal work.  Finally a meeting was arranged but he confronted a sheet of choices ranging from “Get out” to “stay completely in.”  He chose a middling option, to step down from royal duties somewhat, and he claims that his brother, William started screaming at him over his desires.  Willie wanted complete support and likely doesn’t like all that ceremonial ground-breaking for all those darned recreational centers and bridges.

            The upshot of this is that the world has the spectacle of a royal donnybrook, just what the commoner Brits want to spawn their discussions rather than that losing futball team.  Harry and Meghan are making money off it. People are interested worldwide.  And in the end nothing much happens to the stuffed shirts in Buckingham palace, whether you are a sympathizer or not of H&M.  The Institution goes on.  The only tragedy, from an American point of view is that the monarchy failed to integrate a very attractive and entertaining mixed-race member along with her interesting red-haired flame. And with it, world-wide interest in the British monarchy drops a notch.  It is as if the chefs of a high-class restaurant ran off Guy Fieri and none of the valets wanted to park his lousy old car. 

Thursday, October 20, 2022

Explaining LIz Truss

 

NOBODY, BUT NOBODY SEEMS ABLE TO EXPLAIN THE LIZ TRUSS AFFAIR. It’s easy.  Britain has inflation almost as high as ours.  Their central bank, Bank Of England, like our Fed dithered when it started.  And the British govt spent a lot on aid due to lockdowns which set off the inflation.  The Conservative party tossed their leader, Johnson, over scandals.  They elected (only party officials vote) Liz Truss.  She was insistent on a Reaganesque revival—low taxes, lower regulations.  But that is only half the equation when you have too much money and too few goods.  Less taxes/regs help the economic gains which will provide more revenue dollars eventually, but the Brits want no part of reducing too much money.  They like their welfare state and don’t want cuts in govt spending. And BOE waffled to take the hard steps in tightening the money supply.  So the pound is cheap, has gone lower, from $1.20 per pound to about $1.15.  The announcement of lower taxes without anything else, caused the pound to plummet on markets to about $1.06.  That means the banks would get loans paid back in cheap real costs, and lose money.  And international banking is a huge industry in London where the Conservative party has it’s greatest strength.  The howls were immediate from the elites of the party and they ran her out of the prime minister job.  She tried to stem the problem by announcing that only the lower taxes to the poorer classes would be in her program, cancelling the upper bracket cuts.  She fired her finance minister.  But in the end, she was drummed out of office and she resigned today.

            If our media people understood the fundamentals of how inflation must be fought, they would have been able to tell this simple story.  Instead they carry all the tit-for-tat and commentary from Britain and Brit migrants on our tube.  

            Reagan had a similar trouble selling his low taxes.  Everybody said it would result in more deficits. But he included de-regulation, and the fed had raised interest sky-high, to 18%.  In the end, RR’s borrowed idea from Laffer of getting more revenue from lower tax rates (because people were hiding their income from taxes) actually worked and worked in spades to the chagrin of Democrats and astonishment of establishment R’s who had called it Voodoo economics. The name Reaganomics was meant as a slur by the media and Dems.  Instead it became a rallying cry for R’s even down to this day.