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This explains a lot…

I suspect if all the copy written on our current financial woes was to be piled up we’d have a true tower of Babel.

I have a simpler answer. The Deputy Director of the Bank of England since the 1st of July 2008 is Mr Bean.

I have only just found this out but it explains a lot.

6 Comments

  1. Definitely a tower of Babel.

  2. john in cheshire says:

    Graduates from the LSE should be disbarred from any public service body, including quangos. Too many socialists.

  3. NickM says:

    john,
    That would treat the symptoms (inelegantly) but the cure of the disease is a “bonfire of the quangos”. And a proper one – not Dave Cameron’s pathetic excuse for a combustion. Then LSE grads might have to get proper jobs. i was in central London not long since and a fair few Subways and Pret a Mangers were hiring!

  4. RAB says:

    He’s hyphonated. That should be Bean-Counter.

    Right out of Cambridge in 75 with a head full of Keynes and straight into the Treasury. Do not gain any real life experience in Retail, Manufacturing or Banking, go straight for the Gold plated pension, and slip quietly into a state of theoretical inertia. Great, just what we need!

  5. NickM says:

    RAB,
    If he could count beans we’d be sittin’ pretty. It’s just that if he doesn’t have enough beans he eases them quantifiably out of his ring-piece.

    For it were shit and verily it stanketh as the shit of the basilisk and ossifrage. Yet the scribes and the pharisees didst hail it as a mighty fertilizer that disd’st promoteth growth yet amongst the multitude there was much wailing and gnashing of teeth and rending of the garments of the finest Primark and they didst say unto THE LORD, “Verily We are fucked, yea unto the fourth generation!”. And a great darkness fell upon the land for forty days and forty nights for globes of light of the fluorescent and compact were as pursuivant as the meepings of the twittermice of the fields.

    The Book of Gordon (King Mervyn Version).

  6. PJH says:

    Mr Bean is the one who told us to stop saving and spend it all:

    Bean, who sits on the Bank’s monetary policy committee that set the base interest rate, admitted it was being held down in the hope families would use their cash and thereby help reflate the economy.

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