As a politician that once forgot to correctly declare his earnings, no one will be surprised by Mr Livingstone’s colourful rhetoric after the embarrassment caused by the recent ‘train ticket malfunction’ when travelling out of London.

TCE can’t help but see the irony alongside millions of other Londoners, who had to put up with Livingstone’s cronyism, deceit, and hypocrisy, during his tenure as Mayor.

This little bit of publicity must be difficult even for a man driven so much by spin and self promotion.

Men should really stop whineging about how bias society is towards women. All they need to do is take co-ordinated action and replicate the methods successfully applied by women, and then with time, balance will be restored.

The promotional skills of the fairer sex have indeed resulted in bias at all levels and bizarrely this would not have been possible without some passive collusion from men.  For example, in the past decade employment laws have made it very unattractive to hire women into senior positions because of the inherent risks of being sued when employment does not work out for whatever reason. Yet senior women are still hired by men. The outlandish payouts female workers have achieved in the City for example, a testament to male persistency in hiring woman almost regardless of their ability.

Courts have the uncanny ability to make it seem that the employer is at fault, so inevitably it’s often easier to agree some sought of payoff rather go down longer and even more expensive routes. Women have multiplied their redundancy payouts on the premise that employers had hired no other women hence demonstrating sexual discrimination. In many cases no woman had actually applied for positions.

In TCE’s experience women are mainly hired in the City to create a natural balance in the work place. 90% of the applicants for meaningful City jobs are male, although if Harriet Harman had her way employers would be obliged to hire the female candidates regardless of merit.

Women, we are led to believe by women, are down trodden and deserving of extra special treatment because of society’s systemic bias towards men, and yet evidence only exists to the contrary.

In recent headline divorce cases women have managed to extract scandalous amounts of cash from self made men who have not relied on their non working wife’s ‘contribution’ in any way. In many cases the marriages were short and typically started years after the wealth had been generated. These poor ladies of leisure had ritually sacrificed their own ‘careers’, we were told. The courts normally ruling that the ladies should be set for life with settlements many times realistic career earnings. After all, they have to maintain the lifestyle gifted to them by the man in the first place.

As Britain has passed somehow seamlessly to the systemic and extreme bias in favour of women, the likes of Harriet Harman ‘Minister for Women’, remain unsatisfied. The anti father campaigner, will do her best to further society’s drive against men. But take heart men, she’s flailing; first the loan scandal,  the anti stab vest bungle in Peckham, and the Sir Fed Goodwin rant on TV, have removed what little credibility she had left.

Men, insist on the election of a ‘Minister for Men’, insist on equal retirement age for men, insist that women campaign on causes like cancer for both sexes not just the type that hits them, insist that men can actually bring up a young family if they were financed in the same way as women, tell the world that looking after children is a great deal easier than earning a living (looking after children is simply a repetitive, dull, and less skilled occupation).

Simply insist that equality is returned, and that politic correctness is not simply a term created by women to ensure that society favours them.

Karl Marx would be truly intrigued by the Labour party, for in government they have succeeded in making things so bad for the average Brit that communism would actually bring some light relief. It is as though the Labour party read Das Capital and decided it would become the basis for a script ‘Britain; the Blair and Brown Years’. 

The past twelve months have seen corporations and private individual’s finances collapse under the burden of excess debt , coinciding with the worst recession in the UK for decades.  This, along with the total mismanagement of the public purse by the Labour government, has created the ideal scenario for furthering communism (as outlined in Karl Marx’s work) in the UK.

However things may not be so clear cut.

TCE felt that when RBS outbid rivals for the very average Dutch bank ABN at the top of the equity market in the latter half of 2007, that the RBS Board, and in particular, Sir Fred Goodwin, had gone completely mad.

The recent media frenzy surrounding the subsequent bailout and the firing of Mr Goodwin has been completely overshadowed by the ‘scandal’ of his pension entitlement. Ms Harman (Labour’s Deputy Leader) during a 1^st March television broadcast implied that steps would be taken to ensure that the former CEO does not take his £650,000 per annum pension even if the retirement deal was valid in law. “The Prime Minister has said that it is not acceptable and therefore it will not be accepted” said Ms Harman on the BBC’s Andrew Marr show.

The morality of such a payout is perhaps debateable and Fred Goodwin’s legacy is one of arrogance and incompetence. But the message that Gordon Brown sends with such dictatorial statements should normally be of grave concern, however since communism theoretically implies an egalitarian and democratic social structure, communism has absolutely no chance whilst this Labour Party is in power.

Is TCE the only one who thinks that football is now more than ever detached from the real world? When Joe Punter moans about the state of the economy caused by rich bankers spending his money, he manages not to mention the overpaid manager or player at his favourite team; burning his cash and racking up unserviceable debts.

Football is a financial folly of the highest order in which only the outsiders (the vast majority) are foolhardy. The insiders at the PFA and the FA feel the need to massively overpay themselves, mainly because overpayment is expected and hence normal in football culture. Typical upper division footballers get paid multiples of those that decided to get an education and to be in the top 0.1% of a university, to go through rigorous selection procedures at financial firms, to pass, and then to train for many years to be at the top of their respective leagues.

Let’s not pretend that football is a meritocracy, after all Chelsea has spent tens of millions of pounds paying off woefully underperforming managers, making most bankers severance packages look like a bargain.

So Mr Capello, what did attract you to the highest paid management job in football?

Obama has little public history on which to be judged, but now as President, and also post honeymoon, his successes and failures will be very public.

In TCE’s opinion he’d be wise to address the vast wealth imbalances that exist in the USA. He surely would have to be judged a success on leaving office if the burgeoning number of poverty stricken underclass (that die annually) in the USA had access to basic medical provision without relying on charitable handouts like a third world nation.

If Obama were to leave a decent economy and a controlled national debt, his place in a Hollywood script would surely be assured. The problem is that the numerous problems facing America are real and vast. California is basically bust, and New Orleans an embarrassing reminder of his country’s priorities.

Given the scale of these problems TCE thinks that Obama has little chance of achieving these ‘minor’ moral or economic goals; he’ll be too busy stopping the US dollar turning into the next Argentinean Peso.

The Blair and Brown Labour policies of the past decade have encouraged the level of household debt in the UK to run away, making UK households the most over leveraged on earth. In TCE’s view, the process was a deliberate attempt to create a veneer that the British economy was strong, that simply back fired.

Labour in reality has only ever had two plans. To keep interest rates dangerously low to inflate asset prices, whilst dramatically increasing the number of civil servants effectively falsifying the unemployment numbers. So Labour, please don’t blame the banks for this mess; blame the debt addicted voting masses for wanting to live on the ‘never–never’ encouraged to think that house price increases will always bail them out, and of course yourselves for gross incompetence.

This government’s answer to dig Britain out of this hole has been to reduce the number of people employed in the private sector i.e. those that actually contribute to the UK coffers, and paying the average civil servant more than the average private sector worker. This, whilst encouraging wealthy foreigners to leave the country through onerous fiscal enforcement.

Gordon Brown; control freakism and spin, apparently the two main skills of your party, won’t get Britain out of this Labour created mess.

During the past year or so it seems as though anyone remotely connected to the finance industry, mainly bankers and hedge fund managers, have taken ‘one hell of a beating’ from all the uneducated pundits in the press and on television.

Unfortunately TCE thinks this is just another example of the cheap points, column inches, and pounds Sterling, gained by all the ‘Robert Peston’ types in media. Clearly the art of being a ‘Robert Peston’ is to say nothing original or meaningful, and to write a backward looking, rather than a forward looking commentary.

TCE wonders what the ‘Robert Peston’ types will have to say once Downing Street has no use for them and the puppeteer’s hands are finally extracted.