Posts Tagged ‘gordon brown’
13 Moments That Show How The BBC’s Biggest Star Is Also Its Brashest
Whether he’s tying a dead cow to the roof of his car or donning a burka to avoid publicity in Syria, the BBC’s Jeremy Clarkson is someone who enjoys flirting with the controversial.
His comments yesterday about the British public sector strikes may have caused outrage across the UK, but they shouldn’t have come as a surprise.
In hosting motor show “Top Gear” Clarkson often expresses himself in a brash and obtuse way. Yesterday wasn’t the first time the presenter has been in hot water, and it probably won’t be the last.
For better or for worse, Jeremy Clarkson is unapologetically Jeremy Clarkson. Here are 13 reasons why the BBC shouldn’t be surprised that it’s biggest star is also its brashest.
He called Gordon Brown a “one-eyed Scottish idiot”
Clarkson described then British Prime Minister Gordon Brown as a “on-eyed Scottish idiot” while on tour in Australia in 2009 (Brown is blind in one eye).
The remark caused offense to a charity for the blind that claimed the remark was insensitive to the visually impaired.
He called Americans fat
In a 2010 episode of Top Gear Clarkson appeared surprised to find an American among his audience.
He accused her of being a fake, because she wasn’t fat enough.
He broke the UK smoking ban on camera
In 2007 Clarkson broke UK law on air by smoking inside. Admittedly, he was smoking tobacco out of a pipe designed by Porsche, making the actions somewhat relevant to his television show. He still incurred complaints from anti-smoking campaigners.
See the rest of the story at Business Insider
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Absolute Return Partners On Why You Should Stop Worrying And Buy European Stocks
Everyone agrees that we’re at a point of extreme bearishness. The question is whether this means the market is going to turn around.
Absolute Return Partners’ Niels Jensen takes the optimistic side regarding Europe (via PragCap):
I believe a Greek default is now fully discounted. So is a eurozone recession within the next year. The one risk factor which is probably not fully discounted yet is the systemic risk associated with Greece defaulting on its debt. If the authorities cannot contain the domino effect, European equities could fall further.
Not quite out of the woods in Europe. Still, Jensen says they’re buying European equities for the first time in years:
Despite the storm clouds, we have recently begun to add to our European equity exposure again for the first time in years (we are avoiding financials). Please note that this is not a trading call. One cannot predict near term performance with a value approach. I could easily look foolish a year from now. However, I vividly remember the darks days of early 2009. The world was coming to an end, or so we all thought. By early March of that year the probability of bumping into a bull in the streets ofLondon was on par with Gordon Brown winning Strictly Come Dancing. Yet we were reminded shortly afterwards that the darkest hour is often just before sunrise. Within weeks, global equity markets had shaken off the misery of the previous six months and we went on to register one of the greatest bull runs of all times.
I shall be the first to admit that the current situation is different on several accounts (it always is); however, investor behaviour rarely changes, and there is no reason to believe that they haven’t fallen victim to the same behavioural patterns they have been subjected to in the past.
Buy while the opportunity is there, but buy only if you can afford to see through the short term volatility that I fully expect to plague markets for some time to come. I am convinced you will be amply rewarded. Eventually.
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- EUROZONE CRISIS: 10 Key Dates You Have To Watch
- Der Spiegel: EU Leaders Are Talking About A ‘Plan B’
- Stocks Are Rallying And There’s A Brand New European Rumor From The FT
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