Thanks Bryce for a succinct commentary on this matter. Very much doubting that it's a coincidence that the loophole and flawed advice is related to property. There is in my view something particularly unhealthy about the widespread obsession with property as a wealth generator, as it is largely parasitic, or perhaps the term paralytic would be more appropriate, with value an outcome of internal churn factors, such as failure to release adequate residentially zoned land, rather than real, exportable value that this country so desparately needs. Such internal churn based value is a huge problem for a trading nation that cannot sustain itself from its internal produce. However the culture is now so deeply embedded that politicians of all stripes are desparate to avoid bursting the bubble for reasons of both political and personal gain. So around and around we go.
The same political parties are represented on the Privileges Committee and the Standing Orders Committee so why such a two-faced result? It looks like talk tough with the Privileges hat on and cower in the corner with the Standing Orders hat on.
So if they "talk tough with Privileges hat on" and all MPs follow those rules, where's the problem? Is it the rules or those nasty little blood-sucking, insider trading weasels called MPs?
Totally supportive and would like to see any Trust declared by an MP, openly declare what assets etc. Are held within it. Great work.
Thanks Bryce for a succinct commentary on this matter. Very much doubting that it's a coincidence that the loophole and flawed advice is related to property. There is in my view something particularly unhealthy about the widespread obsession with property as a wealth generator, as it is largely parasitic, or perhaps the term paralytic would be more appropriate, with value an outcome of internal churn factors, such as failure to release adequate residentially zoned land, rather than real, exportable value that this country so desparately needs. Such internal churn based value is a huge problem for a trading nation that cannot sustain itself from its internal produce. However the culture is now so deeply embedded that politicians of all stripes are desparate to avoid bursting the bubble for reasons of both political and personal gain. So around and around we go.
Oh, for God's sake. Pull your head in, Ron Sanctimonious.
Ah, the intellectual heavyweight has entered the chat. Thank you Bruce for your contribution.
That's OK, Ronald Seagull. It takes one to know one! (he's not only sanctimonious, he's supercilious.)
The same political parties are represented on the Privileges Committee and the Standing Orders Committee so why such a two-faced result? It looks like talk tough with the Privileges hat on and cower in the corner with the Standing Orders hat on.
So if they "talk tough with Privileges hat on" and all MPs follow those rules, where's the problem? Is it the rules or those nasty little blood-sucking, insider trading weasels called MPs?
It is those weasels taking advantage of (known) ambiguities in the rules.