BC GOVERNMENT
Saved by @jacobhtml

This article by Jim Spellar for @LabourList misses the point about why Labour needs to think seriously about constitutional reform - and have a programme for it ready for government.

 The state of our constitution is a bit like the state of the neglected electric wiring in an old house. If you are moving into the house, sorting it out is a bit tedious. Couldn’t you spend the time and money on a new sound system?
But if you ignore the wiring, you’ll find that you can’t safely install the new sound system. And your house may well catch fire.
Any programme for social democratic government requires a state with capacity, and a state that has clear mechanisms of accountability, for all the big and all the small decisions that in takes, in which people have confidence.
That is not a description of the modern UK state.
Spellar even acknowledges the problem of over-centralised, distant government. But he has no explanation of why we have it, or proposal as to how it could be put right. “Put a Labour cabinet in charge of it” is not a solution, in itself.
The creation of a robust local government structure, with real power and resources behind it, is part of the answer to over-centralisation. But that is constitutional reform.
And even more so if you want to tackle the causes of over-centralisation by entrenching local government against the tendency of all governments to take power to themselves - a tendency that is entirely unchecked by our current constitutional arrangements.
So Spellar’s claim that Labour shouldn’t think about constitutional reform but should concentrate on bread and butter issues is as foolish as claiming that someone planning to buy an old house shouldn’t worry about the wiring but should just get on with planning that cinema room.

More from Government

Seth Abramson
Seth Abramson
@SethAbramson
(1 of 2) Paul Manafort—a longtime associate of Howard Liebengood Sr.—is an exec at Event Strategies, which planned the 1/6 rally that ended with a breach of security at the Capitol, where Howard Liebengood Jr. worked security (USCP). 2 days later Liebengood Jr. committed suicide.

(2 of 2) I believe this is a coincidence. That said, because I don't think Manafort aiding and abetting a rally that ended in insurrection is coincidence, I have to assume that—out of an abundance of caution—law enforcement will investigate any possible Manafort-Liebengood link.

(PS) It is vital that no one presume connections where there may be none. My point is that as a criminal investigative matter, Manafort will be investigated for any role he had in the Save America March, and Liebengood's suicide would naturally be investigated due to its context.

(PS2) I'm sure there'll be those who say that a Donald Trump event giving tons of money to a company that enriches Paul Manafort at a time when Trump continues to need Manafort to stay quiet and Manafort is having money problems is a mere coincidence.

*That* I do not agree with.

(PS3) By the same token, as a federal criminal investigative matter, when you are about to have numerous investigations into whether security at a government building had been pre-compromised and someone who worked security at that building commits suicide, it gets investigated.
GOVERNMENT
Goldstein
Goldstein
@MrGoldstein7
The mainstream is now admitting Hitler was at least partially Jewish.

https://t.co/FepOy8OI0E

So why do I trust them when they tell me this. I will tell you why. It isn't because I trust them on this question.
GOVERNMENT
Advertisement
Richard Murphy
Richard Murphy
@RichardJMurphy
I am bemused by those who demand that we repay the UK government’s debt. It makes me wonder, do they know what it is? And how do they think it can be repaid? And do they appreciate the consequences? A thread is coming on......bear with me, because I think you need to know this.

First, what is the UK government’s debt? I’ve immersed myself in this issue and can confidently say the Office for National Statistics’s figures are wrong, most especially because they claim that the UK government is in debt by owing money to itself. That’s not possible.

Whatever the Office for National Statistics like to claim, money you owe yourself is not debt, and so quantitative easing cancels about £800 billion of UK national debt right now. There are other mistakes in their numbers, but I’ll just stick with this one for the moment.

So, if the ONS claim the national debt is around £2.1 trillion at present, it isn’t. Allowing for the UK government owning around £800 billion of its own debt the figure reduces to maybe £1.3 trillion, give or take a bit. But that, I hasten to add, is not the end of the story.

It’s important to understand that the ONS includes some things few would think of as debt in their figures. For example, around £200 billion (£0.2 trillion) of National Savings balances are included in the national debt. Whoever knew Premium Bond holders were such a burden?
GOVERNMENT
Michael Pettis
Michael Pettis
@michaelxpettis
1/9

While debt-to-GDP ratios already have a limited but very misunderstood use, it seems economists are finding bright new ways of misunderstanding them. Now we say that when nominal interest rates are lower than nominal growth rates, the

2/9

downward pressure on the debt-to-GDP ratio makes rising government debt and larger government deficits more sustainable and more easily justified.

This is totally confused. When the nominal interest rate is lower than the nominal GDP growth rate, it only means that net...

3/9

borrowers are getting a disproportionate share of growth relative to net lenders. This in and of itself changes the comparability of the debt-to-GDP ratio, so the fact that the ratio may decline tells us nothing about its sustainability which, I'm glad to say, isn't...

4/9

a mistake Olivier Blanchard makes in this article.

At least three things matter. First, whether or not rising debt is sustainable depends almost wholly on underlying conditions in the real economy, and only trivially on the arithmetical relationship between...

5/9

the interest rate and the growth rate. Second, this approach simply assumes away financial distress costs, in which case debt capacity is infinite anyway and the interest rate becomes irrelevant. And third, it assumes that the nominal debt level matters independently...
GOVERNMENT
Dan Kaszeta
Dan Kaszeta
@DanKaszeta
Today, several religious denominations in the USA commemorate the day as "Four Chaplains Day"

Indeed, the US Senate proclaimed February 3, 1998 as Four Chaplains Day, and it is celebrated in the liturgy of the US Episcopal Church as a feast day. But what's the deal?

Well, the four chaplains have names, which I will come to. On 23 January 1943, an American passenger ship, the SS Dorchester, left New York, in Convoy SG19, escorted by three US Coast Guard cutters. Bound for Greenland.


There were about 900 passengers and crew, including approx 750 US Army soldiers.

On 3 February (this was a very slow convoy), the SS Dorchester was torpedoed by German U-boat U-223
GOVERNMENT

You May Also Like

Anu Satheesh
Anu Satheesh
@AnuSatheesh5
Krishna and the False Vasudeva
#story

Paundraka Vasudeva was a King mentioned in Bhagavatha Purana. He was friend of Jarasandha, the king of Magadha. He believed that he is Vasudeva Krishna.
Once Paundraka Vasudeva received a letter from Shishupala, stating that he wanted


protection from Krishna, because it was Rukmini's wedding and Shishupala thought Krishna would take away Rukmini.

Paundraka Vasudeva agreed and went to Vidarbha, the Kingdom of Shishupala, but failed to provide protection as Krishna took Rukmini away. Paundraka Vasudeva was


feeling sad. His Minister's cheered him.
They said that Paundraka Vasudeva was the real Vasudeva and Krishna is a cheater. Everyone started to believe this and soon Paundraka Vasudeva soon started to taunt Krishna by saying that Krishna was a cheater.
Paundraka Vasudeva then


challenged Krishna to a war and Krishna said that he would give Paundraka his Chakra and Gadha. Paundraka suspected some foul play and went to King of Kashi for his protection. In battlefield, Krishna came in front of Paundraka, and said that he would throw his Chakra and Gadha


to him. But, Krishna's throw was perfect that the Gadha hurled him to the Ground and the Chakra killed him.
Krishna soon killed king of Kashi with an arrow and his head went flying to Kashi.
Thus Victorious Krishna was recieved by people of Dwaraka.
Hare Krishna 🙏🕉🙏
ALL
Bijay
Bijay
@Bijay_reborn
A small write up on how the OPTION PRICES BEHAVES AT SUPPORT & RESISTANCE


https://t.co/EIbXwcHpHf


https://t.co/zDamXyOhh6
ALL
Advertisement
Khatvaanga
Khatvaanga
@khatvaanga
Sri Gurubhyo Namah.
Some tweets on Adi Shankaracharya and in particular the Guru Parampara of @sringerimath. [I had done this series earlier 5 years ago on account of Shishya Sweekaram].


Adi Shankara established the Sringeri Peetham as the 1st of 4 amnaaya peetams.

The four being
1. Sarada Peetam at Sringeri.
2. Govardhana Peetam at Puri
3. Kalika at Dwaraka
4. Jyothir at Badarikashramam.

He installed his 4 most prominent shishyas as heads of the peetams.

Sureshwaracharya was assigned to Sringeri as its head.

Sringeri is a corruption of Rshyashrunga giri.

Rshyashrunga maharshi [and his father Sri Vibandhaka Maharshi] did their tapas at this place.

It is at Sringeri that Shankara spent 12 of His precious 32 years!!

That gives you and idea how much He loved this place.

Rshyashruga maharshi had a horn on his forehead, a result of being born to a deer. His mere presence was enough to shower rains!!

Rshyashrunga was one who led Putrakamesthi Yaagam of Dasaratha Maharaj and which resulted in Sri Rama's birth!!
ALL
Robin Berjon
Robin Berjon
@robinberjon
Recently, the @CNIL issued a decision regarding the GDPR compliance of an unknown French adtech company named "Vectaury". It may seem like small fry, but the decision has potential wide-ranging impacts for Google, the IAB framework, and today's adtech. It's thread time! 👇

It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha

I've read it so you needn't!

Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.

The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.

Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.
TECH
Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Eri Katha Ramar Temple
Maduranthakam

Eri Katha Ramar temple is located at Maduranthakam near Chengalpattu of Tamil Nadu. Beautiful Kodanda Ramar of about 8ft holding Ma Sita's hand & with Lakshmana. This temple story is connected with Sri Ramanujar.
@LostTemple7


It was here Periya Nambigal performed Pancha Samskaaram to Ramanujar under Magizham tree.
Sri Ramanujar was on his way from Kanchipuram to meet Sri Periya Nambigal at Sri Rangam to become his disciple. Sri Periya Nambigal also started towards Kanchipuram to meet Ramanujar.


They both met here at Madurantakam.
Small Mandapam where Ramanujar undertook Pancha Samskaaram is seen in the temple. Separate sannidhi is for Periya Nambigal & Ramanujar & this is the only temple where Ramanujar is seen as a Grahastha (married person) and not in Sanyasa kolam.


Story says about an incident which occurred during British rule. The Madurantakam lake bund was about to breach, due to heavy rain & village will be flooded if it happened. Dt collector was Cl. Lionel Blaze who took efforts to protect the bund & asked for the piles of stones


in the temple to protect it. But it was meant for Janakavalli ( sita) Thayar sannidhi which faced shortage of fund. Lionel Blaze prayed Sri Ramar to save the bund and if so he will provide fund to construct.
That night he saw in the lightning, Sri Rama & Lakshmana walked along
ALL