BLOGS by Stephen Kahn
WHY CHARLES SHOULD BE SEEN AND NOT HEARD...
Friday August 15,2008
By Stephen Kahn
Another day, another opinion...
You are entitled to your opinion about everything as I am to mine.
I'm not so sure however that members of the Royal Family should exercise the privilege in public when it comes to airing controversial views. It seems to me that part of the unwritten pact that Her Majesty's subjects have with the Royals is that they should be a unifying force and not a divisive one. So I think the recent outburst by Prince Charles against genetically modified crops was ill-judged regardless of whether he spoke good sense or nonsense. Somewhere along the way the Royals lost sight of what should have been their No1 job - to lead exemplary lives and set standards of family life that should be a template for the nation. The Queen has fulfilled this role to the letter and she has an important constitutional position at home and in the Commonwealth but doesn't get involved in politics. As the head of state she is the right person to acknowledge achievement whether opening hospitals, handing out medals, sending telegrams - all in a manner that leaves her respected around the world.
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WE MUST GET OUR CLOCKS IN LINE WITH EUROPE...
Monday August 11,2008
By Stephen Kahn
Why do we change the clocks back?
Could someone please explain to me why we have to go back to Greenwich Mean Time in the autumn every year?
I am already dreading the first signs of the nights drawing in. Turning the clocks back will only serve to accelerate winter - and electricity bills and road accidents. Just in terms of energy efficiency and safety the case is made. Surely whatever advantages gained in the depths of winter in the mornings regarding, say, children going to school are lost with the afternoons getting darker than they need be when they return home. Central European Time is one continental custom we should embrace without delay - that is two hours ahead of GMT in the summer and one hour in the winter. Just imagine summer evenings where it doesn't get dark until around 11pm. I'm sure the move would win a lot of votes if it was on the Tory party manifesto come the next General Election. I can't see Gordon Brown advocating the plan because it is said
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SHOULD WE RESPECT YOUTH? OR SHOULD THEY RESPECT US!?
Monday August 4,2008
By Stephen Kahn
Age before beauty...or is it wisdom?
You can't put an old head on young shoulders, so the time-honoured saying goes.
But I don't think that age alone has ever bestowed wisdom or its components knowledge and experience. What price knowledge? Not much these days I would hazard to suggest - and I'm not in the first flush of youth myself. It seems to me that technology's march is accelerating so quickly that learned skills are almost redundant the moment they are acquired. In the future we may judged not on what we know but the ease with which we can absorb new training. Experience - the ability to learn life's lessons and apply them appropriately - however is a moral, character-building process that cannot be fast-tracked. Let's take the example of meeting a new GP for the first time. I've no doubt my parents would have hoped the new doctor was an older person believing that with his or her age had come knowledge. My children who are in their 20s would I am sure prefer someone closer to their own years supposing they would be up-to-date with all the latest treatments.
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OUR NUCLEAR FUTURE SHOULD NOT BE OPEN TO FOREIGN CONTROL
Friday July 25,2008
By Stephen Kahn
French-state controlled EDF could buy British Energy
THE prospect of French-state controlled EDF buying British Energy - whose eight nuclear and one coal-fired powers stations generate about a sixth of the UK's electricity - got my goat this week.
Over the years I have watched first many City institutions pass into foreign hands; then companies like Rolls-Royce Motors, P & O, and O2, and soccer teams such as Manchester United, and much else besides with regret but not outrage. Powerful financial forces had been at work and, as in most cases UK shareholders opted to take the money and run when overseas bidders came a-calling, it could be viewed as capitalism in action. Gordon Brown proclaimed that the UK's opendoor policy to foreign investment strengthened our economy because it attracted overseas cash. Now that the home economy is on the skids that sort of thinking looks short-sighted in the extreme. But it is too late to restore the family silver to its former glory. It has to admitted also that UK businesses have done their share of overseas purchases. But something as strategic as our nuclear future - even if as rumoured British Gas company Centrica buys a minority stake from EDF - which really should not be open to foreign control. It is true that the French do nucl
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GREEDY BANKERS ARE PAID ENOUGH!
Friday July 18,2008
By Stephen Kahn
King should be an example to all bankers
About the brightest spot in the banking sector gloom of the past week has been the decision by the Bank of England's governor Mervyn King to turn down a 30 per cent pay hike because it would be inappropriate given that the financial establishment is calling for national wage restraint to help combat rising inflation.
For the record an independent Bank of England committee concluded that King was being underpaid for the size of the job he had to do. It thought that between £375,000 and £400,000 a year would be nearer the mark. But King - who began a second 5-year stint in the job at the beginning of this month - chose instead to accept a 2.5 per cent pay increase to £283,564 according to the Bank of England's recently published 2008 annual report. The banking community is renowned for its brass neck not just in the UK but around the world. By virtue of its greed and incompetence beginning in the US it created the subprime mortgage crisis which triggered the subsequent credit crunch with hardly a word of apology anywhere. On the limited occasions where heads have rolled at the top of organisations, executives have walked with fat payoffs. For the rest who have clung on to their jobs despite overseeing massive writedowns, they continue to enjoy handsome pay packages.
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