Banking Regulation, QE3, Conflicts and Kate

Daniel Hannan has an interesting piece here about EU regulation and how in the long term it will lead to another crash. He's right and it is urgent that we leave the EU as that is the only way we can hope to have more sensible regulation. We simply cannot allow ourselves to be led by the nose down a path that we know is going to swallow us whole because we are too polite to call a spade a spade. Contrary to our nature we are going to have to tell the rest of the EU we know more about financial markets than they do and that we need the freedom to regulate our way in order to ensure the City continues as a big revenue driver for the UK, indeed the biggest revenue driver. There was another article this morning which is worth reading here and which is by Allister Heath of City A.M. on QE3 in the U.S. and the consequences of the same. Quantitative easing will result in a disaster and despite the various economists supporting it there are apparently more who oppose it. It is possible the majority is wrong but it is nice to be with them for once. We need genuinely free markets and not the kind of crony capitalism that gives us the likes of the arrogant evil smelling Tim Yeo who whilst chairing a select committee on Energy and Climate Change is also on the board of TMO Renewables, a green company. CCHQ are apparently looking into the conflict of interest question but like Ceasar's wife the chairman of a select committee should be above suspicion and as he is not he should resign. Guido has been after Yeo for some time now and has already made him resign as a director of some other 'green' company. Guido held a poll today asking his readers whether or not the photos of Duchess Kate topless should be published which you can see here. The result was 'no' which was how I voted on the basis that it is not in the public interest to see the photos as Kate did nothing wrong. It is a pity that Guido has not had a poll as well on whether when our lady representatives visit muslim countries they should wear a headscarf. This I know is done out of politeness but it has to be said that when the wife of a muslim leader visits this country she always wears a headscarf rather than appearing bare headed. Where is the quid pro quo here and does the wearing of a headscarf by say Duchess Kate feed the muslim belief that their religion is superior and that we should all become muslims? As a matter of principle no female representative of this country should wear a headscarf in a muslim country.