Year: 2010

The beginning of the end for the Eurozone?

A fateful day for the eurozone

…. is how Gavin Hewitt recently headed up a post on his BBC Europe blog.  The headline caught my eye and then when I read the full article it seemed as yet another piece of western civilisation was sliding into chaos.  Maybe it’s my age!

Gavin Hewitt

Gavin Hewitt is the BBC’s Europe Editor and as you can see from his bio, Gavin is a very experienced reporter.  Here’s how this Eurozone article starts:

Friday [April 23rd, Ed] will be remembered as the day the euro needed rescuing. Sure it is Greece that has asked to be bailed out but it was still a day that the architects of the single currency had never envisaged. For when it came to it, there were no plans to save a euro member in trouble.

You see what I mean about grabbing one’s attention!

In fact the article is so powerful that I am going to run the risk of incurring the wrath of the BBC’s legal department by republishing it in full.

Here it is:

Read the rest of this article

Mr Micawber Strikes Again

Stating the obvious? So why is the reality so different?

British Chancellor with his famous red budget box. Is he proud of his vast borrowing "requirement"? He seems happy enough .....

Like Greece, Portugal is terribly indebted. Not because dirt-poor Senora Tristeza who sells in the local market decided to vastly overborrow more than she could pay, but because her government did.

Likewise, I did not ask the Labour government of Britain to borrow vastly over our repayment possibilities so that my son will be in hock for decades to come.

What is this absolute rubbish about “the borrowing requirement”? The British Chancellor comes out with this glib statement every budget day as if there was some cosmic compulsion that there should be a “borrowing requirement”.

NO, there shouldn’t …. Nobody FORCES us to borrow money, except perhaps in wartime. No government, and especially the current one, EVER says “No, we can’t afford that, we haven’t got the money and NO, we’re not going to borrow it.”

They just up the “borrowing requirement” automatically to pay for all their pet schemes and shibboleths. It is NOT a “requirement”.

It is a giving way to cowardice and greed, taking the easy way out. It is trying to impress people by the clever way they spend our money. They “require” to borrow because they do not have to courage to say (particularly near to elections): “Sorry people – we just can’t afford X, Y or Z as the money just isn’t there. We must be patient and live within our means.”

But it is time everyone started living within their means.

Individuals have a hard time sometimes, especially those desperate to get a foot on the housing ladder or parents desperate to get their kid into a good school, but the government does not have these excuses. There is NO excuse for building up vast debt. You have to live within your means.

This is so stunningly-obvious I wonder why it has to be said, but vast borrowing has become so endemic people think it is normal. And the levels of borrowing involved here are absurd. What sort of endictment is it of capitalism that several European countries (on the richest continent on the planet!!) are in great danger of going bankrupt?

Or, to put it another way, of defaulting on the debts that they cannot afford to repay? And even if they CAN pay they are also paying staggering amounts of interest, all money down the drain to fat bankers somewhere …..

Borrow to build a new railway because you’ll get the benefits back in emissions and efficiency savings. OK.

But borrow to pay civil-service bonuses and index-linked public (but not private!!) pensions and £60 billion on unelected quangoes and you will never get the money back. Someone will have to earn it, but the milch camel is staggering.

We need wise, courageous and fair-minded government which thinks of the long term. What are our chances of getting it?

By Chris Snuggs

Perkins and the Red Boxes

Current British Chancellor Alastair Darling has reverted to the original box first used by Gladstone in 1860.

Despite his trials at the ministry Perkins has been promoted!! Now he’s PA to the Chancellor, Gordon Brown. It’s now a few weeks before Budget day in 2005 …

“Perkins – the old red box looks a bit battered.”

“Well, it is 150 years old, Sir. It’s a sort of quaint British tradition.”

“Perhaps, but it’s not up to my modern, dynamic, ‘look to the future’ image. Please arrange to get some new ones made.”

“‘Some’, Sir? It’s only used once a year for a couple of hours.”

“Even so Perkins. We need a couple of spares and I must look the part. Besides, it’s a good opportunity to renew all the boxes used by other ministers. We should get a discount for quantity ….. Is there a problem?”

“Well Sir, the boxes are specially made, with lead and stuff so that if you are at sea and someone tries to get it you can chuck it overboard and it’ll sink.”

“Oh really Perkins! When am I going to be at sea with my budget?”

“No comment, Sir …”

“But we must move with the times, Perkins. What will this all cost?”

“About £400 a box, Sir – and about £60,000 to renew the lot!”

“Well there you go. A bargain.”

“But £60,000, Sir. We are already billions in debt!!

“Exactly. Compared to our existing debt £60,000 is a microscopic fleabite. See to it at once Perkins.”

“Of course, Sir. But are you sure? I could get you something reasonable from Woolies for £25.”

“Woolies, Perkins? What would people think?”

“Well, they might think you were trying to be frugal, Sir!”

Frugal? Frugal? What exactly is that, Perkins? Never come across it before.

“Quite, Sir.”

By Chris Snuggs

Is “IT” “in denial”?

Change: the only thing that’s constant!

Whither IT?

Wow, the big picture of the IT world seems to be crumbling with increasing rapidity! Many people are at risk of getting hurt if they continue to hold traditional attitudes.

The post “Why the New Normal Could Kill IT” captures it well.  Here’s how that article starts:

Plenty of seismic shifts have rocked and reshaped IT in the past. Some big rumblings’ epicenters had origins in an unstoppable technology shift; other fissures had nothing to do with PCs and servers. Consider the recent shocks: the Internet revolution and dotcom bust; Y2K and 9/11; the consumerization of IT; and the unstoppable broadband and mobile explosion.

However, the latest shock–the global financial meltdown–is like the recent 8.8 earthquake that shook Chile and knocked the earth off its axis. And for IT leaders today, it’s important to realize that the aftershocks are still coming.

Thomas Wailgum provides an insightful description of the challenges facing the important operational aspects of IT in many organizations. Many of the symptoms and some of the causes that he describes are undoubtedly true and have been adversely affecting the performance of many people for a long time!

But, who really cares?

I suggest that the people who really care are the people who are trying to serve the customers of the business. Consequently they will decide what they do and how they do it, including what services and products they use, including those that involve IT (almost all of them these days).

It seems to me interesting to describe this, as he has done, from the perspective of IT and IT people (of whom I am also, broadly, one!) .. but it is only interesting to IT people.

The people who require services are getting them from wherever they can and wherever they like and will continue, increasingly, to do so.

Many of the points that he makes are valid and accurate, including his list of  “recent shocks”. Two of those struck me as particularly poignant and relevant.

One is “the unstoppable broadband and mobile explosion”, which seems to be a strange way to describe it. My reading of this is that IT people would like to “stop” it; but why? The availability of communication services with increasing bandwidth and location-independence is enabling greater sharing of information and understanding; many people, especially those in the “third world”, are benefitting enormously from this. I hope that I have understood his meaning incorrectly because, surely, the task of people who understand IT is to help others to take full advantage of the opportunities, not to try to stop them!

The other is “the consumerization of IT”, which is one way of looking at it but, again, seems to carry a subtextual bias. I detect a sense that this is seen to be the use, in business applications, of lower quality facilities intended for individuals who do not know the implications. There is some truth in this, but this has been a trend for decades and, so far, the roof has not fallen in! I suggest that this is misunderstanding of the bigger picture and, in a sense, does not go far enough

This is not simply consumerization, this is the commoditization of IT. This happens in every industry as bespoke products become more generally available, the nature of the competition changes. What was custom becomes standard and the action moves up a layer!

Much of Thomas Wailgum’s account of the situation is accurate and, potentially, very useful; but, by viewing it from the perspective of the providers of IT services rather than that of the consumers of IT services, the nature of the solutions seems to be pointing in the wrong direction!

By John Lewis

Remarkable people: Prof James Lovelock

The father of Gaia

A week or so ago, the BBC under their Beautiful Minds series, screened a programme about James Ephraim Lovelock, more popularly known as Professor Jim Lovelock.

Prof. James Lovelock

(Picture taken from this article – in itself well worth reading.)

The programme demonstrated that Lovelock’s mind is more than beautiful, it is still capable, at 90 years of age, of thinking in ways that are very rare in today’s societies where conformity is such a powerful force.

As always, WikiPedia has an excellent reference on Prof. Lovelock and I encourage you to read it plus Lovelock’s own website which makes up in content what it may lack for presentation!

Luckily there is an extract from the BBC programme on YouTube – please watch this and reflect on exactly what Lovelock is saying.

And if you are up for more, then settle down for thirteen minutes and watch this next video.

James Lovelock is the Darwin of our times.

Now to put this into some context (this is me speaking as a layman!).

Please read the rest of this post

It’s an ill wind that blows nobody any good!

Iceland’s ash casts an enigmatic spell over Japan

It seems that there has been nothing else on the news following the eruption of Mount Eyjafjallajokull
in Iceland, which was of particular interest to me  because on the 10th April I was flying from New York across the southern area of Iceland on my way to Rome, since which time I have passed through the UAE and Singapore on my way to Japan.

My work replacement was due to arrive on the 18th April after a holiday in the Mediterranean, but the flight which he was on was diverted into Paris because UK airspace was suddenly closed. He managed to continue his journey by train, ferry, car, taxi and bus but was then stuck in England. My duty had to continue but there seemed little point in propping up a hotel bar with other crews, so I decided to turn the situation into something positive.

After an exploratory trip into Tokyo, it was Paul, our Editor in Chief who put me in contact with his sister and her husband in the city, and another friend who suggested I should jump on a train and go to Hiroshima to see his son, who I know, so my travels started.

The transport system in Japan is extremely well organised with instructions and information well displayed in English along side Japanese. Everything is clean and modern, and runs to the second! At short notice I decided to make the journey to Hiroshima in this once in a life time opportunity, and there was the famous bullet train a monster of modern technology, which runs on banked rails at steady speeds of 400 kph.

Mount Fuji - Japan

We sped along through ever changing countryside. Initially the skyline was of mainly high rise buildings which changed to two story properties once we were out of town. The new leaves of spring and the famous blossom of the plum and cherry trees, and the quick glimpse of a Japanese water garden. Industry is mixed with small allotments, and tiny houses, roads and rail lines raised from ground level to make everything fit, and above that cables and wires, because of the threat of earthquakes, and past the stunning Mount Fuji, white with snow against a blue sky.

I never met such polite people, and on the train the guards and girls who pass through the carriage with drinks and food bow when they enter and leave. They are so well dressed and smart. No graffiti here!

Familiar Japanese trading names on local buildings, and strangely a huge Union Jack flag. I wonder how there can be so many buildings and parking areas full of cars ,but seemingly no people in view, but many large span bridges arching across hill sides to join places together.

Through Kyoto where there seemed to be a lot of energy being used, for purposes that were not immediately clear. College students in smart suits with white shirts and blue ties, passed quietly through the train. I noticed each time they had left the train at a station they took their rubbish with them, and put the seat back in the upright position!

The A-Bomb Dome

At last after four hours we arrived at Hiroshima, which today it is a lovely modern city of which to be proud. There is just one damaged building standing in a stark fashion at the waters edge which is all that it takes to remind us of such devastation and the Garden of Peace, there to allow some quiet reflection.

I took a 45 minute boat ride to Mijajima, now a World Heritage site. This beautiful island is probably 15 miles from Hiroshima, and there amongst the beauty of the trees and a 500 year old shrine wander the deer, quite happy to sit as people pass by.

My thought as I came away from Hiroshima was that all leaders of any country with any connection to Nuclear weapons or power should be made to attend the A-Bomb Dome and reflect. As all the plaques say this must never be allowed to happen again.

By Bob Derham

Skydiving stunt or utter madness?

From the Daily Mail (UK Newspaper) online

Just crazy!

A skydiver has pulled off an astonishing stunt by climbing out of a glider’s cockpit, crawling along the wing and then somersaulting underneath and stepping onto the wing of a second glider flying below.

Paul Steiner then moves back onto the main fuselage of the second glider while the first glider turns upside down and flies overhead so that he can reach up and hold the tail fin at 100mph, forming a human link between the two aircraft. He then leaps off and parachutes back to the ground.

The spectacular stunt, captured on YouTube, was carried out by the Red Bull skydive team 2,100 metres above the mountains in Styria, Austria. And they look mightily relieved as they returned to their airfield.

More incredible pictures here.

By Paul Handover

More on the SR-71, Part 2

The second part of the guest post by Captain Dave Jones. Ed.

Part One was yesterday which I introduced as follows:

The SR-71, a truly great aircraft

John’s couple of articles about the SR-71 here and here reminded me of the time that I was given an article by my instructor at Mojave. He was a military test pilot and ended up with NASA and he was one of a select few to fly the Blackbird as a civilian….a great chap to talk to…  I continue with Part 2

     The SR-71 was an expensive aircraft to operate. The most significant
cost was tanker support, and in 1990, confronted with budget cutbacks, the
Air Force retired the SR-71. The Blackbird had outrun nearly 4,000 missiles,
not once taking a scratch from enemy fire. On her final flight, the
Blackbird, destined for the Smithsonian National Air and Space Museum, sped
from Los Angeles to Washington in 64 minutes, averaging 2,145 mph and
setting four speed records. 

        The SR-71 served six presidents, protecting America for a quarter of
a century. Unbeknownst to most of the country, the plane flew over North
Vietnam, Red China, North Korea, the Middle East, South Africa, Cuba,
Nicaragua, Iran, Libya, and the Falkland Islands. On a weekly basis, the
SR-71 kept watch over every Soviet nuclear submarine and mobile missile
site, and all of their troop movements. It was a key factor in winning the
Cold War. 

 Read the final part of this great story

Greek Farce – Act IV, Scene III

P’sst!  Got a dime?

This bloke needs a reality check. If he is not going to ask for the dosh “formally” how IS he going to ask for it? Over a pint

George Papandreou

at the pub?

And what exactly are “preparatory moves”? A long sidle up to the Treasurer standing at the bar?  And how do you “prepare” to ask for 30 billion euros? Either you ask for it or you don’t? Oder?

Perhaps something is lost in translation ……

Greek Prime Minister George Papandreou has said his country is making “preparatory moves” to take advantage of a multi-billion euro rescue package.

He added, however, that Greece would not necessarily make a formal request for help.

STOP PRESS: Alex Brummer of “The Daily Mail” makes a very serious charge here in relation to Goldman Sachs and Greece’s financial status before entering the euro.

STOP PRESS TWO:  The BBC are reporting that Greece has formally asked for the dosh!

By Chris Snuggs

More on the SR-71, Part 1

This is a guest post from Captain Dave Jones.  Dave and I go back many years to the time when I was studying for my Instrument Rating, a flying rating that allows one to fly in the same airspace as commercial aircraft.  He is what I call a Total Aviation Person!  Dave read the posts from John Lewis about the SR-71 and mentioned that he had once had a instructor at Mojave Airport, California who had been a civilian SR-71 pilot.  Ed.

The SR-71

The SR-71, a truly great aircraft

John’s couple of articles about the SR-71 here and here reminded me of the time that I was given an article by my instructor at Mojave. He was a military test pilot and ended up with NASA and he was one of a select few to fly the Blackbird as a civilian….a great chap to talk to…

This is his article [broken into two posts because of its length. Ed.] with an intro from my instructor.

Awesome story about a truly great aircraft. I only let it go as high as Mach 3.27 once (the design speed was 3.2) but it could do all that is in this story, Cheers, Rogers

In April 1986, following an attack on American soldiers in a Berlin
disco, President Reagan ordered the bombing of Muammar Qaddafi's terrorist
camps in Libya. My duty was to fly over Libya and take photos recording the
damage our F-111s had inflicted. Qaddafi had established a "line of death,"
a territorial marking across the Gulf of Sidra, swearing to shoot down any
intruder that crossed the boundary. On the morning of April 15, I rocketed
past the line at 2,125 mph. 

        I was piloting the SR-71 spy plane, the world's fastest jet,
accompanied by Maj. Walter Watson, the aircraft's reconnaissance systems
officer (RSO). We had crossed into Libya and were approaching our final turn
over the bleak desert landscape when Walter informed me that he was
receiving missile launch signals. I quickly increased our speed, calculating
the time it would take for the weapons-most likely SA-2 and SA-4
surface-to-air missiles capable of Mach 5 - to reach our altitude. I
estimated that we could beat the rocket-powered missiles to the turn and
stayed our course, betting our lives on the plane's performance. 

 Read more about this amazing story