The United Kingdom has a new Prime Minister, David Cameron. And a new Deputy Prime Minister, Nick Clegg. Cameron is a Tory Conservative. Clegg is a Liberal Democrat. Gordon Brown, the now former Labour Prime Minister, resigned today.

Gordon Brown talks to a lady, doesn’t realize mike is on after conversation ends, makes horrible gaffe. I’ve linked the video of the entire conversation for your viewing.

I know nothing about British politics, but their big election coming up on May 6 has caught my attention. The sudden emergence of Liberal Democrat Nick Clegg is posing a stiff challenge to incumbent Gordon Brown (Labour) and supposed frontrunner David Cameron (Conservative).

With the release of Sen. Dodd’s (D-CT) proposed financial sector re-regulation we are on the path to some small steps to rein in our out of control banking system. The bill has some good features (forgive me that I have not had time to read the entire thing yet) though it is not quite as strong as many of my fellow DFH would like.

There is going to be a huge focus on the provisions for the consumer protection agency, which in the Dodd bill is under the auspices of the Federal Reserve. This is a really bad idea given the size of this department compared to the size of the Fed, but there is some hope that it will be made into an independent agency. Putting under the Fed was a move to try to entice Republicans. At this point there are no Republicans in support of this bill so it might change. Then again, it might not.

"Originally posted at Squarestate.net

The Prime Minister of Great Britain, Gordon Brown, issued a statement today apologizing for the “appalling” treatment of gay mathematician Alan Turing without whom, Brown pointed out, the history of World War Two and Europe (and its present) would be very different.

Tet redux.