Somewhat surprised to read in the Daily Telegraph that Ashley Alexandra Dupré, the 22 year old aspiring singer who was Eliot Spitzer’s nemesis, charged £500 an hour. This is almost certainly less than the hourly rate charged by M’learned friends in killing (at least in most of the UK papers) the story that linked The Emperors Club VIP with one of our part time military peers. But probably more fun.
Author: wilks
Why people struggle
Darling’s first budget has left me cold. Smug (see Oliver Hartwich’s post on Coffee House) and do-nothing (but see Tim Harford’s Undercover Economist blog on FT.com). I have been far more struck today by the statistic told me at supper this evening by my wife. There is apparently £2.5 billion of pension credit unclaimed. Why? Because the system is so complex people cannot understand it, even if they know about it (and many don’t); they cannot fill in the forms; many simply do not know they are entitled and there remains if not the stigma of welfare, the feeling that they have never claimed, they are able to do without it and are not going to start now. This is a truly appalling fact, and epitomises all that is wrong with this government.
The sophisticated client?
Show me the sophisticated client, and I’ll show you the opportunity to make some more money. As I wasn’t there, perhaps it is unfair to criticise, but I remain unhappy at the continuing pressure to widen the conflict rules, ostensibly to allow the sophisticated client to make the choice to instruct the lawyer who would otherwise be conflicted. Thus, from The Lawyer.com today
Clifford Chance general counsel and chairman of the City of London Law Society rules and regulation committee Chris Perrin has called for significant widening of client conflict rules at The Lawyer’s Strategic Risk Management Conference. The City of London Law Society has made proposals, which would effectively allow clients to consent to all conflicts of interest. Perrin said: “We’ve been talking about this possible change for some time. It gives sophisticated clients who know what they’re doing freedom.”
Ethics are ethics: except it seems when money is involved. It is a slippery slope.
Trouble ahead
Another win for Obama, this time in Mississippi, but the real news is the increasing bitterness in the contest for the nomination. In a year when there is everything to play for, and a great deal to lose, the Democrats seem hell bent on tearing themselves apart. An excellent analysis of the current stae of play in Economist.com, looking at why the scrap is getting uglier, and what the future may hold,
A campaign that degenerates into name-calling and mud-slinging will hurt Mr Obama more than it does Mrs Clinton. He has campaigned on messages of “change” and “hope” so he faces an unenviable choice in the long run-up to Pennsylvania. If he lets the Clinton team fling the brickbats without retaliation she may set the tone of the campaign. But respond in kind and his message of a new politics is tarnished. Even though he is behind there in the polls, Pennsylvania cannot come soon enough for Mr Obama.
For Clinton, what is at stake is no less than the redemption of Bill’s presidency, and her campaign is his by proxy. In part this is why Obama is so attractive, as he offers a real break from the tarnished past. All this however is mere gaming; the real battle will be with McCain.
Tiptoing through Hillaryland
I caught the report of Barack Obama’s response to the ludicrous play by the Clintons (for it is now clear that there are most certainly two of them in this nomination race) that Obama should join the Clinton ticket as the junior partner. Whether it is Hillaryland or Wonderland, who knows. Obama’s point, that he is currently ahead on delegates, was well made, but the race for the nomination is getting nastier by the day. James Forsyth in Coffee House just one of many posts on this today. Even better, Mary Fitzgerald in First Drafts yesterday
Andrew Sullivan’s lead piece in the Sunday Times yesterday — “The Clintons, a horror film that never ends” —picked up on an idea that has gained swift currency in the past week: that Hillary Clinton is not just cold, calculating and impersonal, but she is in fact a creature of the Undead.
Amen to that.