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Catching a Falling Financial Knife

Shaun Wright Wins SYPCC Election Gangnam Style

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

By: N_Walayat

ElectionOracle

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

http://www.marketoracle.co.uk

Copyright © 2005-2012 Marketoracle.co.uk (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. http://www.marketoracle.co.uk

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

© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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Catching a Falling Financial Knife