Best of the Week
Most Popular
1.RED ALERT: Paris Terror Attacks - What to Expect Next - STRATFOR
2.Paris Terror Attacks, Death Pangs of a Dying Religion, and Impact on BrExit EU Referendum - Nadeem_Walayat
3.Paris Terror Attacks, Islamic State Attempting to Spark Civil War in France - Nadeem_Walayat
4.Three Shocking Charts That Prove Gold Price Rally Is Coming - Sean Brodrick
5.Stock Market Nifty-Fifty Becomes Fab-Five; Return of the 'Four Horseman' - Mike_Shedlock
6.Africa Population Explosion - Why Europe's Migrant Crisis is Going to Get A Lot Worse - Video - Nadeem_Walayat
7.Gold Mining Stocks May Be The Buy Of The Century - Jeff_Berwick
8.Grandmaster Putin Beats Uncle Sam at His Own Game - Mike_Whitney
9.BRICS? No, CRISIS - Raymond_Matison
10.UK Housing Market Affordability, House Prices Momentum and Trend Forecast - Nadeem_Walayat
Last 5 days
Stock Market Consolidation Week - 29th Nov 15
A Black Friday for Gold Prices - 29th Nov 15
Politicians Driving The World Towards War - Fourth Turning - 29th Nov 15
Stock Market Down Monday, Gold Price Bottoming? - 29th Nov 15
Turkey Downs Russian Jet to Draw NATO and US Deeper into Syrian Quagmire - 28th Nov 15
Stock Market Quiet Week as Primary 5 Continues - 28th Nov 15
Black Friday, Weekend for Europe's Migrants - 28th Nov 15
HUI and Gold - Who's Leading Whom? - 28th Nov 15
Gold And Silver - No Ending Action, But End May Be Near - 28th Nov 15
Social and Cultural Distress Dividing The Nation - Fourth Turning - 28th Nov 15
Sheffield Houses Prices 2015, Best Estate Agents As Rated by Buyers and Sellers - 28th Nov 15
Stock Market Top Valuations, at a Critical Juncture - 27th Nov 15
The Top Shopping Opportunity on Black Friday - 27th Nov 15
Economics Is About Scarcity, Property, and Relationships - 27th Nov 15
UK Immigration Crisis Hits New Extreme of 336k Net Migration, up 32% on 2014 - 27th Nov 15
Vauxhall Zafira B Fire Danger Recall - What to Do Video - 26th Nov 15
Triggers In US Dollar Collapse - 26th Nov 15
Apple Stock is a 10-Year Short - Bear Market Environment - 26th Nov 15
U.S. Federal Reserve Rate Hike - 26th Nov 15
George Osborne's War on Buy to Let Sector Trending Towards Doomsday - 26th Nov 15
Will Turkey Drag NATO into War With Russia in Syria? - 25th Nov 15
George Osborne’s Autumn Statement and Spending Review Full Text - 25th Nov 15
Will Fresh QE From ECB Boost Gold? - 25th Nov 15
Sheffield, Yorkshire and Humberside House Prices Forecast 2016-2018 - 25th Nov 15
Investors Watch Out For The Auto Industry… - 24th Nov 15
BEA Revises 3rd Quarter 2015 US GDP Economic Growth Upward to 2.07% - 24th Nov 15
Stock Market Supports Are Being Broken - 24th Nov 15
Is Gold Price on the Verge of a Breakout? - 24th Nov 15
Fed’s Tarullo: U.S. Interest Rates Liftoff Should Wait for Signs of Inflation - 24th Nov 15
Silver Price, COT, US Dollar Updates and More - 24th Nov 15
UK Regional House Prices Analysis - Video - 23rd Nov 15
Crude Oil Swinging For The Fences - A 20 to 1 Option Play - 23rd Nov 15
US Dollar, CRB, Oil, Gas, Copper and Gold - The Chartology of Deflation - 23rd Nov 15
UK Regional House Prices, Cheapest and Most Expensive Property Markets - 23rd Nov 15
Stock Market Rally Losing Momentum? - 23rd Nov 15
Will Gold Price Drop Below $1000 Soon? - 23rd Nov 15
Gold and Silver Sector Big Green Light and Low Risk Entry Setup... - 23rd Nov 15

Free Instant Analysis

Free Instant Technical Analysis

Market Oracle FREE Newsletter

Reasons to Get Excited About Japanese Stocks

Shaun Wright Wins SYPCC Election Gangnam Style

ElectionOracle / UK Politics Nov 15, 2012 - 03:11 AM GMT

By: N_Walayat


Best Financial Markets Analysis ArticleToday is PCC election day!

Voters right across England and Wales will soon be setting off to vote for their respective Police and Crime Commissioner candidates, well about 1/6th of the electorate or 17% are actually expected to vote for what will turn out to be another disastrous Coalition Government decision which is effectively for the party of law and order to hand over control of most of England an Wales 41 Police forces to the Labour party, despite the fact that the Labour party opposed the creation of these posts until they had a light bulb moment and realised that they would win most of them.

The Labour candidate for the peoples republic of South Yorkshire is Rotherham Labour Councillor, Shaun Wright, who hit the jackpot this summer in the Labour party sweep stakes and will soon be enjoying all of the perks that go along with being South Yorkshires PCC such as an approx £100k salary, lavish expense account and a chauffeur driven car with perhaps on occasion an accompanying police escort. Not to mention the bureaucracy that will go along with PPC's such as a chief executive, finance manager, and a long list of support staff at an annual cost of more than £1 million per year. And this is after spending £150million on the election, perhaps this is the Coalition governments baldrick-esk cunning plan to stimulate the economy via a string of costly, worthless elections that the general public never asked for?

The PCC's will turn out to be a disaster for the police forces because there will be a constant battle between PCC's and Chief Constables as they will have completely different priorities, for instance the PPC's primary priority will be to get re-elected and therefore election promises will count, whilst the Chief Constables will try to get their jobs done with the least interference as possible from the PCC's, as was the case with the Police Authorities, which were always just weak entities that tended to be subservient to the whims of Chief Constables.

As my recent article concluded, that there is little doubt what today's result will be as the Labour elite expects the voters of the peoples republic of south Yorkshire to turn out and mark their X's zombie style against the Labour candidate no matter whom it may have been as the below graph illustrates.

I can imagine that following his virtually guaranteed election victory, we may soon see Shaun let some steam off by perhaps uploading his own SYPCC parody of the viral Gangnam style video onto youtube.

Wuppa PCC Gangnam style
PCC Gangnam style
I love a police lady who is warm and compassionate by day,
A classy police lady who know how to enjoy the freedom of a cup of tea
A police lady whose heart gets hotter when night comes
A police lady with that kind of twist
I'm a PCC
A PCC who is as warm as you during the day
A PCC who one-shots his tea before it even cools down
A PCC whose heart bursts when night comes
That kind of PCC
Beautiful, lovely
Yes you, hey, yes you, hey
Beautiful, lovely
Wuppa PCC Gangnam style
PCC Gangnam style

On a serious note, I can imagine many politicians, ranging from ambitious city councilors to west minister dinosaurs will be salivating at the prospects for more such elected commissioner posts for instance for county schools, hospitals, fire brigades, maybe even refuse collection. Wuppa Refuse Collection Gangnam style.

Forget 1984, instead welcome to Britain's crackpot democracy overkill 2012!

By Nadeem Walayat

Copyright © 2005-2012 (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of three ebook's - The Inflation Mega-Trend; The Interest Rate Mega-Trend and The Stocks Stealth Bull Market Update 2011 that can be downloaded for Free.

Stocks Stealth Bull Market Ebook DownloadThe Interest Rate Mega-Trend Ebook DownloadThe Inflation Mega-Trend Ebook Download

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 600 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2015 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Biggest Debt Bomb in History