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For once (yes, it happens) the legal authorities of the EU are in the right, in my view, and their critics are wrong, contrary to what Henry Williams, author of this article in CapX, says.
A top EU court has ruled that creating public registers of beneficial ownership, so that everyone can just find out who owns what, is a dangerous loss of privacy. In my view, if people are concerned that X or Y is an owner of a company or trust and that is somehow nefarious, they should get clearance first from a court or suitable legal authority and show some reason for the desire to obtain that data. It is not, in my view, acceptable to put everyone’s beneficial ownership details in the public domain so that journalists and others, many of whom seem to have it in for anyone whom they deem rich, can put this information into the public domain. For instance, public registers means that people can simply go on “fishing expeditions” and dump all kinds of financial data into the public domain, and damn the consequences. Sure, if politicians and the like have questionable financial affairs, some on the libertarian side will think they are fair game, but those whose only “crime” is to be rich or successful will get caught in the crossfire.
There are also risks, as lawyers have pointed out, that such owners can be targeted by gangs. This is not paranoia. And paradoxically, the pressure for beneficial ownership disclosure clashes with data protection rules in the EU – known as GDPR.
It is arguable that Swiss bank secrecy was a step too far, but there is such a thing as legitimate privacy. Would, for example, the author of the linked article from CapX be happy for there to be public databases, accessible to all, of medical information, etc? (Maybe he is.) We seem to live in an era where due process of law and respect for privacy are forgotten or seen as old-fashioned issues.
Being independent of the EU does not mean that everything in the EU is bad or worse than in the UK. Occasionally, the EU gets things right. The key is that decisions rest in the hands of the UK electorate.
Financial privacy is not a popular subject, and there are lots of campaigners, sometimes coming from a good place, who think putting everything in the public domain is a good thing. They are wrong, and for once, a court has done the right thing. I doubt, of course, that this debate is over.
“America innovates, China duplicates and Europe regulates.”
– Jeremy Warner, Daily Telegraph, (behind paywall). (He is writing about the EU’s Precautionary Principle and generally silly approach to new technologies. These are differences of degree, of course: it is not as if the US is quite the swinging-from-the-chandeliers classical liberal place of yore.)
“The precautionary principle is a gigantic paternalistic arm around humanity to keep all risk at bay.”
– Philip Johnston, Daily Telegraph. (Item behind paywall.)
I have friends and relations in the EU (Italy, Malta, Germany, Belgium) so I cannot take pleasure from the Biblical-level clusterfuck of the EU’s approach to vaccines, and I am certainly angry at the bullying of Brussels vis a vis the UK as the EU top brass attempts to save face. But leaving my obvious personal reasons aside, it is hard not to also enjoy watching the European political classes make such tits of themselves, and in bright lights.
Germany resists islamophobia. German law seeks to purge the public domain of such offensive views.
Germany also resists anti-semitism. The German government’s anti-semitism commissioner has warned Jews to avoid being Jewish in public.
The BBC sees the German far right behind the rise in anti-semitism that prompted the commissioner’s advice. Is it just me or are they ignoring a rival explanation?
Also, is it just me, or is the German method for resisting anti-semitism rather different from the German method for resisting islamophobia – so different, in fact, that their advice to Jews resembles what their law demands of ‘islamophobes’: become invisible in the public domain lest you cause offence?
I wrote a poem about this a while back.
Do please feel free to say that it’s just me and there is really nothing more to see here. After all, I expect that’s what the German government’s anti-semitism commissioner would say – but he might be only obeying orders, or only obeying the anti-islamophobia law.
“When hedge-fund managers and the Communist Party see eye-to-eye on any question, itâs time to be concerned.”
– Peter Oborne, writing in OpenDemocracy.
Guido presents evidence that we have God on our side, along with the Queen, 63% of voters, a large part of an infuriated Tory party, and the army (or at least, the parachute regiment – I’ve lived next door to a para, and suspect they would be enough). đ
By a possible majority of one vote (at this moment I write), parliament is not on our side but on the side of endless procrastination – nor it would seem is the PM on our side. (I’m not quite sure what happened to “I’ll stay for as long as you want me”, but I assume it’s the same thing as happened to all the other promises.)
Having God on your side is good, but if I understand the theology correctly, He protects free will by using His power to warn, not compel – and helps those who help themselves. A coincidentally-timed lightening strike is welcome – and hilarious – but while I invite all who so wish to pray hard, we should not expect lightning to strike May and Corbyn as they shake hands. đ
Having the Queen on your side is good (noting that all is report and she would act sooner than she would formally say in public). Normally, like the almighty, her majesty warns but does not compel. In my opinion, the more letters that arrive at Buck Palace (acknowledging her wise convention of staying out of it normally but expressing calm loyal support for her right to act when Parliament behaves irregularly), the better, and they can certainly do no harm (most of us will have already written to our MP, some with far less reason to think it could have any effect). IMHO, be brief, be polite, be properly-phrased and don’t lecture her on what action to take, just say how loyally you’d support her taking action.
Having the voters on your side is good (if it is so – opinion polls are unreliable, of course, and a bit all over the place, but less so in both respects than parliament at the moment). However the voters cannot easily compel before an election.
We also, I hope, have ourselves – the brexitters – on our side. Guido is one of those brexitters who wanted May’s deal accepted for fear of worse. I respect such people despite disagreeing with them. Now is time for both sides of that debate to leave recriminations since that ship would appear to be sailing, for better or worse. Let’s look at those options.
1) For worse: Ramsay MacDonald was the last PM to betray their party and form an alliance with the opposition and a few like-minded turncoats. Being the nominal head of an overwhelmingly other-party coalition made him largely powerless domestically, so he concentrated on foreign policy: Ramsay MacDonald was the pacifist PM of the UK during Hitler’s first three years in power. This was very useful to Hitler as he moved from its being a military parade to remove him in 1933 to having 36 infantry divisions and 6 armoured ones with which to object in 1936. That precedent is not encouraging.
2) For better: precisely because May is putting up such a sneaky fight, Brexit has proved a stronger lever than I ever hoped for exposing those who are Tory in name only, and enraging the party against them. I doubt anyone is joining the Tory party at this moment but urge all who are there to stay, pro tem. Tearing up your party card in public is a great way to warn, but remember you must not actually resign if you are to use your (imminent, I hope) chance to compel.
Build on the flanks of Etna where the sullen smoke-puffs float â
Or bathe in tropic waters where the lean fin dogs the boat â
Cock the gun that is not loaded, cook the frozen dynamite â
But oh, beware my Country, when my Country grows polite!
Thus ends Kipling’s poem on our national habit of becoming very polite when we are about to lose our temper.
Yesterday’s ‘March of Enraged Brexitters’ was polite. ‘Cheerfully furious’, was how someone described the chairman of one Tory constituency association who was there. Reports agree the rage was very real – and self-controlled.
Over in the US a few years ago, Tea Party marches made a similar contrast to left-wing protests (‘left areas tidier than when they arrived’ versus ‘vandalism and arson’) – which did not in the least stop politicians and the media inventing lies against the Tea Party and shrugging it off when caught. When it was clear the PC would report polite dissenters as if they were were rioting racist thugs, they did not (fortunately) get rioting racist thugs (because their understanding of their opponents was zero) but they did get something a little less restrained: Trump and his supporters were not so polite to them.
On our side of the pond, Parliament (Labour and Tory alike) promised us something very specific, as formally and solemnly as possible, in speech, proclamation and manifesto, before the referendum (if we voted for it) and before the election (unconditionally). Promising something and then taking it away is a great way to get people angry.
So, I admire the restraint of “cheerful fury”, but, between the lessons of our national character and the lessons of the Tea Party evolving into the Trump coalition, I think Parliament unwise to go on provoking it. But I also think that if Parliament were wise, we were not be where we are now.
Inevitably, a parliament that can agree on nothing can agree on a two-week delay. Hilariously, it’s the EU that protects us from longer delay – they disliked the last time Brits voted on them too much to want a repetition in the EUro-elections two months hence. Admirably, the DUP refuse to panic (I thought they were a luck from the start.)
Labour was whipped to vote for a second referendum (kudos to their shadow minister who resigned) whereas the Tories were not whipped, but it still failed. The idea will be debated again on April Fool’s day but the omens (not least that one đ ) seem good.
May’s offers to resign get steadily more precise and shorter term. Each one brings the series nearer its end. Each one reduces her authority while she remains.
As for me, I still like deadlock. If ever there was a time for a monarch to say that, as parliament is unable to act, “we” will be its regent and just do it, now is that time, but perhaps the decision of making no decision at all would be most convincing of all. We on this blog want less government; here’s a chance to experience it
Comment away – you know you want to. đ
Via Instapundit I came across this fine editorial from the New York Sun:
“Sometimes You Have To Walk”
The collapse of President Trumpâs summit with the North Korean party boss, Kim Jong Un, certainly takes us back â to October 12, 1986. Thatâs when President Reagan stood up and walked out of the Reykjavik summit with another party boss, Mikhail Gorbachev, of the Soviet Union. We can remember it like it was yesterday. The long faces, the dire predictions, the Leftâs instinct to blame the Americans.
âWhat appears to have happened in Iceland is this,â the New York Times editorialized. âMr. Reagan had the chance to eliminate Soviet and U.S. medium-range nuclear weapons in Europe, to work toward a test ban on his terms, to halve nuclear arsenals in five years and to agree on huge reductions later. He said no.â The Times just didnât see that the Hollywood actor turned president had just won the Cold War.
Itâs too early in the morning â this editorial is being written at 3 a.m. at New York â to know whether thatâs the kind of thing that just happened at Hanoi, whence news reports are just coming in. Messrs. Trump and Kim were supposed to have a working lunch, to be followed by the signing of some sort of agreement. The next thing you know, Mr. Trump is heading home.
Itâs not too early, though, to caution against over-reacting to this development. What appears to have happened is that the Korean Reds wouldnât agree to the complete, verifiable, irreversible denuclearization that we seek. Absent that, we wouldnât agree to the dismantling of all the sanctions the North Koreans seek. âSometimes you have to walk,â Mr. Trump told the press.
Good for him, we say. It would be a fitting epitaph for any statesman.
The tags I chose for this post will serve as my only further comment.
The EU could collapse in the same way the Soviet Union did, George Soros warns
Back in 1991/92, when the Soviet Union had just collapsed and the UKIP party had just formed to fight the “ever-closer-union” Maastricht Treaty, one of their posters was two pictures of the map of Europe, one captioned ‘Before’ and the other ‘After’. ‘Before’ showed Western Europe divided into many separate countries while the east was the single monolith of communism. ‘After’ showed Eastern Europe divided into many separate countries while the west was the single monolith of the EU.
In Britain, this comparison was used as an argument against the EU but Mr Soros evidently sees it differently. He
has issued a call for Europe to “please wake up” and recognize “the magnitude of the threat” it faces.
Otherwise
“the European Union will go the way of the Soviet Union in 1991.”
Mr Soros blames
“the lack of legal tools for disciplining member states”
Also attracting his ire is “the outdated party system that prevails in most European countries” (I do not recall this being a problem in the old Soviet bloc), and the fact that changing the treaties that define the EU is too difficult. He also thinks the EU should not have required migrants to register in the first EU country they reached, instead of moving them on over the continent, because that made local electorates more aware of their numbers.
However Mr Soros believes all will yet be well if the Eurocrats
“awaken the sleeping pro-European majority”
Good luck with that.
They dislike the treaty but fear a clean Brexit,
They hope that – in more ways than one – they can fix it.
Too statist to say, even at their most livid,
“Take back control? Look at us, to whom you’ll give it!”,
Instead, as the fast-nearing date makes them manic,
Their failed Project Fear has become Project Panic.
Campaigning, they pledged they would honour the hour.
Elected, and climbing the greased pole of power,
They cling in death-grip to their fear-calming view,
“We’re the wise – VoteLeave’s win showed the folly of you.”
In parliament’s past, you at many times find,
It avoids doing wrong by not being of one mind.
So if “House fulfils pledge” seems a doubtful prediction,
Let’s hope for “House deadlocked in fierce contradiction”.
“Have you considered masterly inactivity?”, replied Sir Humphrey Appleby when newly-appointed Prime Minister Jim Hacker asked what he should now do. Alas, so polarised is politics today that even – indeed, especially – Sir Humphrey would likely oppose inactivity in this case. We hope parliament will in fact do nothing supremely stupid during the next two months, but my most confident prediction is that whatever they do or don’t do will not appear masterly.
The Telegraph has a scoop. This might not go down too well in the working class areas:
Exclusive: Philip Hammond tells business chiefs MPs will stop no-deal Brexit
Philip Hammond told business leaders that the âthreatâ of a no-deal Brexit could be taken âoff the tableâ within days and potentially lead to Article 50 ârescindedâ, a leaked recording of a conference call reveals.
The Chancellor set out how a backbench Bill could effectively be used to stop any prospect of no deal. He suggested that ministers may even back the plan when asked for an âassuranceâ by the head of Tesco that the Government would not oppose the motion.
He claimed next weekâs Bill, which could force the Government to extend Article 50, was likely to win support and act as the âultimate backstopâ against a no-deal Brexit, as a âlarge majority in the Commons is opposed to no deal under any circumstancesâ.
A recording of the call, passed to The Daily Telegraph, recounts how the Chancellor, Greg Clark, the Business Secretary, and Stephen Barclay, the Brexit Secretary, spent nearly an hour talking to the leaders of 330 leading firms.
They included the heads of Siemens, Amazon, Scottish Power, Tesco and BP, all of whom warned against no deal.
The disclosure reveals the close nature of the relationship between the Treasury and some of Britainâs biggest businesses, and how they appear to be working in tandem to block a hard Brexit. It will also add to suspicions that Mr Hammond has been orchestrating attempts to soften Brexit.
Mr Hammond assured the business leaders that the Government would stop spending money on no-deal preparations âas soon as we know we are not going thereâ and give businesses âa resumption of normal serviceâ.
So the Chancellor of the Exchequer sees himself as serving the heads of Siemens, Amazon, Scottish Power, BP and Tesco, among others. Perhaps I am reading too much into one ill-chosen word, but that is not a good look. If he had not used that word it would still not be a good look. The whole conversation, the whole meeting, reeks of the sort of black-tie cronyism that gives capitalism a bad name.
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