Bad news. The day before yesterday, we had confirmation of 3 new variants of concern in the US. As of yesterday, we now have 4. Three of the 4 variants have just been confirmed in the last month. The new one yesterday is the South African variant.

What does this mean for

The crisis in the NHS is overwhelming this week. It has reminded me of conversations I had with my late father on how to manage within the state sector. I think they're worth sharing.

My father worked for the nationalised electricity industry from the late 1940s to late 1980s. He spent much of that time as a fairly senior engineer. He was committed to what he did. He believed electricity supply was a human right. And he sought to delver it.

He left the industry and retired when he realised that privatisation challenged what the believed in. The priority was no longer supply. It was, instead, profit. He had a clear example of the difference this made. It was about emergency management.

In his day the state electricity boards ensured that they had all the capacity they needed to manage emergencies to keep supply going as well as possible, come what may. It meant there was excess capacity. But it wasn't wasted - maintenance and training was done instead.

Privatisation saw that excess as waste, and it went. It was assumed contracts could buy in support when needed. My father believed that was dangerous - because when demand was strongest the most inexperienced people would be put to work on the job.

I am bemused by those who demand that we repay the UK government’s debt. It makes me wonder, do they know what it is? And how do they think it can be repaid? And do they appreciate the consequences? A thread is coming on......bear with me, because I think you need to know this.

First, what is the UK government’s debt? I’ve immersed myself in this issue and can confidently say the Office for National Statistics’s figures are wrong, most especially because they claim that the UK government is in debt by owing money to itself. That’s not possible.

Whatever the Office for National Statistics like to claim, money you owe yourself is not debt, and so quantitative easing cancels about £800 billion of UK national debt right now. There are other mistakes in their numbers, but I’ll just stick with this one for the moment.

So, if the ONS claim the national debt is around £2.1 trillion at present, it isn’t. Allowing for the UK government owning around £800 billion of its own debt the figure reduces to maybe £1.3 trillion, give or take a bit. But that, I hasten to add, is not the end of the story.

It’s important to understand that the ONS includes some things few would think of as debt in their figures. For example, around £200 billion (£0.2 trillion) of National Savings balances are included in the national debt. Whoever knew Premium Bond holders were such a burden?

1. Ten Days of Darkness have begun – & would end Inauguration Day 20 Jan.

Since 6 Jan. Washington DC has been under lockdown. President Trump has mobilized the Military & they were collecting evidence of political elite conspiring with foreign nations to take over the
U.S.

We've been hearing this a lot: the House managers have successfully shown how horrible the January 6 insurrection was and also highlighted Donald Trump's vulgar comments. But they haven't really proven the connection between Trump's comments and the attack. This is nonsense. 1/

There is a criminal case to be made against Trump for his role in inciting the inspiration, and @CREWcrew has made that case in its criminal sedition complaint against Trump. But this is not a criminal case, and does not require that kind of proof.

On a basic level, this case is painfully obvious. Donald Trump spent weeks and months and years saying, falsely, the election would be fraudulent and then that it had been stolen. This primed his supporters to believe their democratic rights were being take away. 3/

Trump spent weeks and months and years fueling a sense of grievance among his supporters and hostility to any political opponents, as well as condoning violence or mildly condemning it with a clear wink and a nod obviously meant to encourage it. 4/

In the weeks after the election, he compounded his big lie that he had won with efforts to take bogus claims to courts and to pressure officials at every level of government to overturn the results. He portrayed the across the board rejections as further persecution. 5/