“The society which has abolished every kind of adventure makes its own abolition the only possible adventure.” Paris, May 1968

Thursday, 5 November 2009

CO2 and Mark Thatcher - the ultimate toxic assets.

Media pundits are fond of the old saying that a week is a long time in politics,so last March must be the equivalent of the age of the dinosaurs. Remember back then? All kinds of people, and not just those of my political persuasion, were talking about the whole economic system being called into question. Yes, eight months is a very long time and now we hear that carbon trading is going the same way as mortgages did and that there is already talk of "sub-prime" carbon credits.
Meanwhile over on the other side of town news of the return to UK of Old Etonian merc Simon Mann has sent paymaster "Scratcher" Thatcher into a bout of nervous twitching extreme even by his standards. CO2 and Mark Thatcher - the ultimate toxic assets.

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