Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin, Gold and Silver Markets Brief - 18th Feb 25
Harnessing Market Insights to Drive Financial Success - 18th Feb 25
Stock Market Bubble 2025 - 11th Feb 25
Fed Interest Rate Cut Probability - 11th Feb 25
Global Liquidity Prepares to Fire Bull Market Booster Rockets - 11th Feb 25
Stock Market Sentiment Speaks: A Long-Term Bear Market Is Simply Impossible Today - 11th Feb 25
A Stock Market Chart That’s Out of This World - 11th Feb 25
These Are The Banks The Fed Believes Will Fail - 11th Feb 25
S&P 500: Dangerous Fragility Near Record High - 11th Feb 25
Stocks, Bitcoin and Crypto Markets Get High on Donald Trump Pump - 10th Feb 25
Bitcoin Break Out, MSTR Rocket to the Moon! AI Tech Stocks Earnings Season - 10th Feb 25
Liquidity and Inflation - 10th Feb 25
Gold Stocks Valuation Anomaly - 10th Feb 25
Stocks, Bitcoin and Crypto's Under President Donald Pump - 8th Feb 25
Transition to a New Global Monetary System - 8th Feb 25
Betting On Outliers: Yuri Milner and the Art of the Power Law - 8th Feb 25
President Black Swan Slithers into the Year of the Snake, Chaos Rules! - 2nd Feb 25
Trump's Squid Game America, a Year of Black Swans and Bull Market Pumps - 24th Jan 25
Japan Interest Rate Hike - Black Swan Panic Event Incoming? - 23rd Jan 25
It's Five Nights at Freddy's Again! - 12th Jan 25
Squid Game Stock Market 2025 - 5th Jan 25

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Douglas Carswell Tory MP Defects to UKIP

Politics / UK Politics Aug 31, 2014 - 06:43 PM GMT

By: Jonathan_Davis

Politics

A pretty momentous event last week.

I read two excellent pieces on it and on him:


I’ve also read a superb and informative discussion here Carswell defects online discussion

It seems to me that all is not as clear as various players want everyone to believe (so what’s new?).

I suggest the following:

  1. Carswell attended a high level Tory party meeting where a top-flight analyst said Clacton is the most UKIP-oriented seat in the country. Thus he simply got scared of losing his seat.
  2. If he’s so principled  – as ‘everyone’ says – how come this libertarian, free market capitalist has joined a Socialist party (have you seen their policies?)?
  3. If he’s so free market-minded, how come he gives short shrift to those who question the high house price mantra of the Centre?

OK, I’ll accept he’s relatively principled.  Also, he’s relatively libertarian and somewhat capitalist.  I guess he must be anti-EU but I don’t know.

I think he defected because a) he calculated he needs to go to UKIP or lose his high paid job.  Also, b) I’ll wager UKIP were über friendly to him whereas his own ex Party were nasty to him.  He felt friendless and he seeks friendship.  Who doesn’t?

What he IS is a sucking-on-the-teat of the State politician, first and foremost.  He desires his £100k (equivalent) income for doing (fill in salesmanship and marketing blanks).

Who wouldn’t?  It’s what he does.  He’s good at it and it’s so easy money.

I hope he wins the By Election and next May.  He’s – by far – not the worst politician in the UK.  But he is a politician.  And a very very clever one.

As an aside there is something a little weird worth mentioning.  I have never corresponded with him.  Neither he to me.  Directly or via social media.  Never once.   I have RT’d his tweets in the past.

He blocks me.  Around a couple of years ago, I once clicked to Follow and I couldn’t.  He had already blocked me before I had the chance to Follow him.  What’s that about???  Weird but true.

#bringbackcapitalism

Nothing in these articles can be taken as financial advice.  Neither Jonathan Davis nor Jonathan Davis Wealth Management will be held responsible for action taken or not taken from reading these articles.

We recommend investors seek bespoke advice before acting.

By Jonathan Davis

http://jonathandaviswm.wordpress.com/

25+ year veteran of the world of financial services, the last 10 doing the same thing under his own name.  We work with families all over the UK and in Switzerland and, indeed, on 2 other continents. If interested in our Wealth Management work, cast a glance at the firm’s website.

From time to time media folk call me and ask me to rant live or in the press.  JD in the media.

I don’t buy hype.  I don’t believe it’s the end of the world but I do believe, within a generation, the West will have no welfare state.  The maths don’t lie.  We’re toast.  It’s obvious if you think about it.

© 2014 Copyright Jonathan Davis - All Rights Reserved
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 losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - 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