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Entries in Tory (3)

Wednesday
04Nov2009

The Genius of Councillor Rose

Councillor Rose is one of only a handful of Edinburgh councillors who keeps a useful blog. It's part neighbourhood notice board, part his personal opinion and part reports (his take) on council business. If only more councillors kept blogs like this then people might have more of an idea what they're voting for come elections. That doesn't change the fact that he's a Tory though, and so I'm unlikely to agree with him on many things. 

Recently he's been in the papers, opposing the installation of traffic lights at a junction with an awful safety record, and on a safer route to school. The upgrade will cost £200k but is clearly safer than 'improving road markings and signage' which is the cheaper option that he prefers. Here's what he's quoted as saying in the Evening News:

"At the moment, what is on the table is probably the most expensive option and it does not address other issues about the stop/start of traffic and the increased pollution it will cause. There are also other downsides, which taken together mean there are better alternatives.

"This is about local shops and businesses as well and it's more about cycling because it's cyclists who have taken the hit in terms of casualties."

The air pollution straw man is not a problem and given the junctions safety record, more lives will be saved by installing the traffic lights than lost due to the marginal local increase in air pollution.

So Cllr Rose seems to be left on the dubious ground that local business profits should come before cyclists safety at this junction. Oh dear. Not only does this sound callous in the extreme, but he is also wrong if he thinks that promoting free traffic flow will benefit local businesses. Research shows that business owners consistently over-estimate the importance of car access for their customers, and under-estimate the value of providing an appealing pedestrian environment to their customers. 

To be fair, on his blog Cllr Rose does claim that he'd like to see the money saved by adopting his proposals invested in the proposed George Square to Kings Buildings cycle route, but that doesn't really solve the safety problem at this junction does it? And it belies an erroneous way of thinking about cycling and cyclists, one that tries to corral cyclists onto "approved" routes, rather promoting safety by design for all road users, throughout the city. 

Besides. It hardly does justice to the 4 year long campaign that local parents from nearby Sciennes Primary School have run to see the junction improved. Fortunately, it would seem it's the parents that have won the day. 

Friday
17Oct2008

Patter Swap

Nats seem to get all annoyed when people accuse them of being in bed with the Tories.  But if Alex Salmond  can't come up with any  new chat of his own, and borrows George Osbornes Tory conference lines about 'the age of irresponsibility' for the SNP conference, you can't blame people for putting 2 + 2 together and getting tartan Tories can you?

In a similar vain I was amused to hear the LibDems environment spokesman in Westminster, Steve Webb, comments on the exclusion of air travel and shipping emissions from the proposed UK Climate Change bill. Steve said:'It's like telling everyone you're going on a calorie controlled diet, but not counting cream cakes.'

Sounds familiar to me.

Is there a reality TV show in this? Er, probably not.

Monday
29Sep2008

Er, Some Kind Of Reform, Please?

This credit crunch never stops. Bail-outs of banks are happening all over the place. All over Europe and the US wobbly banks are being bought up, whether that's by the private sector, the public sector, or some combination of both.

It would be a foolish thing to suggest that this might be the low point of the credit crunch, so that's exactly what I'm going to do. The UK banks with the biggest exposures to the scary parts of the housing market have now been nationalised or taken over. Mortgage lending in the UK is so low now that it would seem it can't go any lower, and likewise LIBOR inter bank lending rates are at a record high. The US has come up with a plan that looks much more reasonable - at least from a US tax payers point of view. Even if it initially disappoints the markets, it will mean critical financial institutions have other options instead of being forced to the wall. It will mean banks that get support from the Fed must end big bonuses, and the fact that the government will hold stock in the companies it supports at least means there's a chance of US tax payers getting their cash back in the longer term.

Back in blighty at the Tory Conference, George Osbourne is busy trying to make political hay out the Bradford & Bingley nationalisation - despite the fact that the biggest losers of the deal appear to be shareholders in the (ex) bank. He says:

 "On Bradford and Bingley, we say you can protect people's deposits, you can try to save people's jobs, you can maintain people's confidence.

"But you don't have to leave the taxpayer exposed to a multi-billion pound bill for the mistakes of the management and the big money that backed them."

The Government had "dithered and delayed" in dealing with a problem they had known about for a year.

It is misleading in the least to say the government has sold tax payers short in this particular deal. It seems to me Alistair Darling has actually done pretty well. The way things are structued, the public purse may even make some cash out it in the long term. It is B&B shareholders that bear the pain, and in principle that is how it should be.

There's one scary thing for Scotland on the horizon. I note this nugget about traders who've been forced to stop shorting bank stocks who've moved to placing bets at the bookies. Guess which banks are being bet against:

Surprise, surprise but the most popular stocks have been Royal Bank of Scotland, Lloyds TSB, which is about to buy HBOS, Goldman Sachs, Barclays, CitiGroup and Morgan Stanley.

RBS top of the list. As Jeff says - maybe it''s close to brown trousers time at Gogarburn?