Skip to main content

Hunting the Fox

In the current blitz of publicity I am not sure I should say that I have met Adam Werritty a few times, and the Defence Secretary a few less, usually on pleasantly social terms.


The stories that the press are running today bear no resemblance to anything that I could recognize.


They are certainly not gay- so far as I can tell- and I think the innuendo is childish and rather unpleasant.    


Neither are they crooks. Adam Werritty is not some Svengali making millions out of his connections: far from it. It seems to me that out of principle, he refused to go on the government payroll as a special adviser, even though, for several years (as the world now knows) Adam was Liam Fox's SpAd. So, Defence contractors spoke to Adam Werrity? He is the Defence minister's closest adviser.


Is that what people hate? That Mr. Werritty would not sign up for the SpAd junketing? 


I can see that they should have signed up for more government oversight, but this press witch hunt is just plain nasty.


At the risk of seeming naive, I do not understand this storm of vague innuendo and misrepresentation. In fact it shows the press in one of their worst moods. If I was Liam Fox I would demonstrate the Boris Johnson approach:


Show no fear, and tell them to go to hell.


Of course Boris is usually guilty. Ironically I don't think Liam Fox or Adam Werritty are actually guilty of anything at all.


As for the story planted by "friends of Dr. Fox" - namely the whips office- that Adam is a "Walter Mittty" character: that, truly, is beneath contempt.

Comments

Popular posts from this blog

Trump and Brexit are the Pearl Harbor and the Fall of Singapore in Russia's Hybrid war against the West.

In December 1941, Imperial Japan launched a surprise attack on the United States at Pearl Harbor. After the subsequent declaration of war, within three days, the Japanese had sunk the British warships, HMS Prince of Wales and HMS Repulse, and the rapid Japanese attack led to the surrender of Hong Kong on Christmas Day 1941 and the fall of Singapore only two months after Pearl Harbor. These were the opening blows in the long war of the Pacific that cost over 30,000,000 lives and was only ended with the detonations above Hiroshima and Nagasaki.

"History doesn't often repeat itself, but it rhymes" is an aphorism attributed to Mark Twain, and in a way it seems quite appropriate when we survey the current scene. 

In 1941, Imperial Japan, knowing its own weakness, chose a non-conventional form of war, the surprise attack. Since the end of his first Presidential term, Vladimir Putin, knowing Russia's weakness, has also chosen non-conventional ways to promote his domestic powe…

The American National nightmare becomes a global nightmare

It is a basic contention of this blog that Donald J Trump is not fit for office.

A crooked real estate developer with a dubious past and highly questionable finances. he has systematically lied his way into financial or other advantage. His personal qualities include vulgarity, sexual assault allegations and fraudulent statements on almost every subject. 

He lost the popular vote by nearly three million votes.

He has, of course, been under criminal investigation practically since before he took the oath of office. The indictment of some of closest advisers is just the beginning. His track record suggests that in due course there is no action he will not take, whether illegal or unconstitutional in order to derail his own inevitable impeachment and the indictments that must surely follow the successful investigation of Robert Mueller into his connections with Russia.

However, all of that is a matter for the American people. 

It is also a matter for the American people that Trump is cheating…

The rumbling financial markets

Security specialists use a variety of ways to address the risks that they face: and these risk assessments are made in the certain knowledge that the actors in the system hold only incomplete information. Although much mocked at the time, Donald Rumsfeld’s categorization of “known unknowns” and “unknown unknowns”, is now generally recognized as a succinct summery of his strategic quandaries.
By contrast, actors in the financial markets have a more sanguine assessment of the risks they deal with: they divide them into two kinds of risk: quantifiable and unquantifiable. Unquantifiable risk is not generally considered, since there is usually no financial profit that can be made except from pure supposition. Therefore for the purposes of the financial markets, any given event is priced relative to its level of probability, that is to say its quantifiable risk. 
Depending on the market, higher levels of risk generally carry higher prices, lower levels generally lower prices. Clearly such an…