Wednesday, 24 October 2007

The Thoughts of Chairman Matt

Not being a Telegraph reader, I’ve been spared several years of their sometime star columnist Matt Ridley’s pontificating on the evils of state intervention. Yes, this is Matt Ridley the recently-resigned Chairman of Northern Rock who (pardon my ignorance) turns out not only to be a stellar company chairman and versatile journalist but also a noted biologist and theorist of natural selection. With strong academic views on why government should not intervene in private enterprise.

Here are some of the thoughts of Chairman Matt, courtesy of a few minutes googling:

▪ "The more money a group receives from the taxpayer, the more it demands and the more it complains"

▪ "A Government that confiscates unprofitable firms from private owners so that it can subsidise them itself does not do its taxpayers a service"

▪ "Wherever the state has turned provider, it soon crowds out private rivals"

▪ "State control, whether in ancient Egypt or modern North Korea, has gone with tyranny, not freedom"

▪ "From British Leyland to British lay-bys, from the herring fishery to the National Health Service, public ownership always means neglect and under investment"

▪ "Governments do not run countries, they parasitise them"

Ironic, huh ? We don’t necessarily expect intellectual consistency from run-of-the mill businessmen. But maybe we could hope for better from an academic ?

ND

UPDATE: £ 20 billion and counting . . .


Feb 2008 UPDATE: did I hear £ 105 billion . . ?

21 comments:

Rob said...

Very funny. They build themselves up...

I wonder if he'll tell us that GB and AD shouldn't have bailed out Northern Rock.

hatfield girl said...

At least he resigned; the others are still there having fun with £16 billion of your money having caused the Labour regime to do all that damage to the UK financial sector and its regulatory regime's probity.

Jeremy Jacobs said...

All a bit worrying this natural selection stuff.

Jeremy Jacobs said...

""State control, whether in ancient Egypt or modern North Korea, has gone with tyranny, not freedom".

I guess that explains things in Syria ans Saudi Arabia

Nick Drew said...

Rob - after a short interval I am sure he will be back in action once more (chairing a Quango ?)

HG - you could almost say hypocrisy is the fiduciary duty of a plain-vanilla businessman: "leave us alone ... or, on second thoughts, bung us a sub". But there's a special place for those who advance theoretical arguments, at length, and then perform their gyrations.

(I was never much of a fan of David Howell...)

Nick Drew said...

Jeremy - I am sure it is a perfectly adaptable theory, with huge explanatory value - when understood properly !

hatfield girl said...

Eigth Circle, Number 6, then.

Nick Drew said...

Or 8 /4 ? or then again, perhaps 8 / 8 ?

Decisions, decisions

Newmania said...

That is briliant , well done , tsk tsk how could the National Audit Office have gone so badly wrong eh..especilaly considering they had the personal approval of Sir Snout in Trough Bourne " It has created strong annd effective structures " he said .
This endorsement was much used by Brown and Balls to tell all about the super structure they created.

and yet now ...they were never there and it was all the fault of American storms . IT WAS NOT. At even the quickest glance their structure was suicidal.


Just add that to the long list of brown cock ups ...he really is a Clown and I wish people would stop taking him seriously . He should drive a clown car and have exccedingly long shoes just so there`s no confusion

CityUnslicker said...

Newmania Broon's performance in PMQ's is a nice reminder to us all of what a clown he is.

I hear that Northern Rock borrowing is up to £18 billion....6 months worth of PSBR in 40 days..just as well we did not let it go bust eh?

Reactionary Snob said...

A great spot... well done!

Nick Drew said...

Mr M & Reactionary - thanks, but where would be without google, eh? Spoiled for choice on material when you start looking, though: Chairman Matt wrote mountains of that guff.

CU - yes, & what now is the amount of liability that the govt's hasty guarantee represents ?!

Any word of which is the next bank to 'wobble'? B&B still doesn't look very bright ...

dearieme said...

Mind you, his writings on biology are really quite good.

Nick Drew said...

Funnily enough, dearime, I think some of his political writings are quite good too !

In the words of the song

A lovely little thinker, but ...

Back to your books, Ridley

Newmania said...

....bugger when he`s pissed.

Damn you Drew... ha ..bet you can`t top that post, hwence the delay

Nick Drew said...

errr .. some black coffee, sir ?

Anonymous said...

Did he resign because he believed NR SHOULD have gone to the wall? After all, he isn't the CFO or CEO, just the chairman.

Maybe he sincrely believed that once NRs previously successful business model had failed then it was time for NR to fail too.

Nick Drew said...

Yes, but also (if I recall correctly) the Chairman of the Risk Committee, anon

maybe he sincerely believed ...

maybe

Anonymous said...

George Monbiot got there first see

http://www.monbiot.com/archives/2007/10/23/libertarians-are-the-true-social-parasites/

look said...

aaaa片, 免費聊天, 咆哮小老鼠影片分享區, 金瓶梅影片, av女優王國, 78論壇, 女同聊天室, 熟女貼圖, 1069壞朋友論壇gay, 淫蕩少女總部, 日本情色派, 平水相逢, 黑澀會美眉無名, 網路小說免費看, 999東洋成人, 免費視訊聊天, 情色電影分享區, 9k躺伯虎聊天室, 傑克論壇, 日本女星杉本彩寫真, 自拍電影免費下載, a片論壇, 情色短片試看, 素人自拍寫真, 免費成人影音, 彩虹自拍, 小魔女貼影片, 自拍裸體寫真, 禿頭俱樂部, 環球av影音城, 學生色情聊天室, 視訊美女, 辣妹情色圖, 性感卡通美女圖片, 影音, 情色照片 做愛, hilive tv , 忘年之交聊天室, 制服美女, 性感辣妹, ut 女同聊天室, 淫蕩自拍, 處女貼圖貼片區, 聊天ukiss tw, 亞亞成人館, 777成人, 秋瓷炫裸體寫真, 淫蕩天使貼圖, 十八禁成人影音, 禁地論壇, 洪爺淫蕩自拍, 秘書自拍圖片,

做愛的漫畫圖片, 情色電影分享區, 做愛ㄉ影片, 丁字褲美女寫真, 色美眉, 自拍俱樂部首頁, 日本偷自拍圖片, 色情做愛影片, 情色貼圖區, 八國聯軍情色網, 免費線上a片, 淫蕩女孩自拍, 美國a片, 都都成人站, 色情自拍, 本土自拍照片, 熊貓貼圖區, 色情影片, 5278影片網, 脫星寫真圖片, 粉喵聊天室, 金瓶梅18, sex888影片分享區, 1007視訊, 雙贏論壇, 爆爆爽a片免費看, 天堂私服論壇, 情色電影下載, 成人短片, 麗的線上情色小遊戲, 情色動畫免費下載, 日本女優, 小說論壇, 777成人區, showlive影音聊天網, 聊天室尋夢園, 義大利女星寫真集, 韓國a片, 熟女人妻援交, 0204成人, 性感內衣模特兒, 影片, 情色卡通, 85cc免費影城85cc, 本土自拍照片, 成人漫畫區, 18禁, 情人節阿性,

uhfdf said...

情色電影, aio交友愛情館, 言情小說, 愛情小說, 色情A片, 情色論壇, 色情影片, 視訊聊天室, 免費視訊聊天, 免費視訊, 視訊美女, 視訊交友, ut聊天室, 視訊聊天, 免費視訊聊天室, a片下載, av片, A漫, av dvd, av成人網, 聊天室, 成人論壇, 本土自拍, 自拍, A片, 愛情公寓, 情色, 舊情人, 情色貼圖, 情色文學, 情色交友, 色情聊天室, 色情小說, 一葉情貼圖片區, 情色小說, 色情, 色情遊戲, 情色視訊, 情色電影, aio交友愛情館, 色情a片, 一夜情, 辣妹視訊, 視訊聊天室, 免費視訊聊天, 免費視訊, 視訊, 視訊美女, 美女視訊, 視訊交友, 視訊聊天, 免費視訊聊天室, 情人視訊網, 影音視訊聊天室, 視訊交友90739, 成人影片, 成人交友,

免費A片, 本土自拍, AV女優, 美女視訊, 情色交友, 免費AV, 色情網站, 辣妹視訊, 美女交友, 色情影片, 成人影片, 成人網站, A片,H漫, 18成人, 成人圖片, 成人漫畫, 情色網, 日本A片, 免費A片下載, 性愛, 成人交友, 嘟嘟成人網, 成人電影, 成人, 成人貼圖, 成人小說, 成人文章, 成人圖片區, 免費成人影片, 成人遊戲, 微風成人, 愛情公寓, 情色, 情色貼圖, 情色文學, 做愛, 色情聊天室, 色情小說, 一葉情貼圖片區, 情色小說, 色情, 寄情築園小遊戲, 色情遊戲, 情色視訊,