Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Showing posts with label Reckless. Show all posts
Showing posts with label Reckless. Show all posts

Friday, April 05, 2013

HBOS: Regulator's findings shame three executives who brought down a bank

The three executives who ran HBOS bank in the runup to its near-catastrophic collapse have been slated for their "colossal failure" of management in a scathing report which calls for them to be held to account by the City regulator.

The highly critical account of the events that led to HBOS being rescued by Lloyds in September 2008 said the responsibility for the management failings rested with the former chairman Lord Stevenson, and the former chief executives Sir James Crosby and Andy Hornby, and says the bank would have gone bust even if the global financial meltdown of that year had not happened. The bank, formed out of Bank of Scotland and Halifax in 2001, racked up £47bn of losses on bad loans.

Wednesday, March 13, 2013

Paul Ryan's Budget Would Destroy 2 Million Jobs In Single Year: EPI

The budget plan that Rep. Paul Ryan (R-Wis.) unveiled on Tuesday would eliminate 2 million jobs in 2014, according to a new analysis by the Economic Policy Institute (EPI).

If implemented, Ryan's "Path to Prosperity" plan would shrink the U.S. economy by 1.7 percent and increase the unemployment rate by 0.6 to 0.8 percentage points, EPI found.

Monday, February 13, 2012

Harper's reckless foreign policy in the Middle East

It is hard to credit the latest statements and actions by Foreign Affairs Minister John Baird. On both Iran and Israel, Baird seems to almost deliberately seek to humiliate both himself and the country he is supposed to represent on the international stage. Taking an ultra-orthodox rabbi (whose organization opposes any Palestinian state) with him on an official visit to Israel is not just bizarre but dangerous. And suggesting, essentially, that Iran has a first-strike policy against Israel (with non-existent nuclear weapons) while comparing its leader to Hitler, puts Baird firmly in the company of drunks in a barroom exchange of tough talk.

For Stephen Harper to let this crude and ignorant political storm trooper loose as our principal face to the world may only be understandable if we assume that everything Harper does is for a domestic audience. He simply doesn't care what the world thinks. There has always been a kind of visceral disdain for things foreign amongst the population which makes up Harper's core vote. Perhaps wilful ignorance and a penchant for barroom tough talk is exactly what qualifies Baird for his job.

It is hardly new that Harper's ministers and Harper himself operate with little reference to the professional civil service that most governments rely on for policy advice. He doesn't trust bureaucrats or their traditional role of guiding government policy. For Harper, the civil service is at best an impediment to his agenda, at worst a political enemy -- the equivalent of another political party. He has now effectively gagged every public employee who might otherwise brief the media -- and citizens -- on even the mundane day-to-day operations of government.