It’s been a good 48 hours for the self-styled élite

‘How is it,’  a rightly affronted Slogger writes, ‘that Angela Knight, once Chief Exec of the British Bankers Association, is now Chief Exec of Energy UK – a body representing all the major gas and electricity suppliers? Could it be that the energy companies sense a sh*t storm coming down the line in relation to collusion in energy pricing and opaque tariffs, and want a veteran, well versed in PR bollocks, to put a positive spin on their activities?’

Who knows the answer to this conundrum? The continuing success of the humdrum remains a conundrum, but not the confusion when it comes to collusion. I loved the way two months ago Cameron set up ‘an enquiry into whether oil prices are being manipulated by the oilcos’. Shurly how much and by whom, Cammersh, not ‘whether’?

My question re this one would be as follows however:

‘How is it that Angela Knight is not facing criminal charges in relation to the quite deliberately and obviously false testimony she made to the Treasury Select Committee just before Libor broke? And how can Michael Fallon, the Deregulation Desperado, sit on the bloody thing given the nature of his mainstream involvement in Libor trading?’

But of course, the Black Knight has now fallen deeper still on energy transparency: the wannabe energy diversifiers are on the run, it’s money for the shareholders and what-for to all you old n cold folks who should be dead anyway I mean WTF are you doing hanging around making a nuisance of yourselves you’re just a bunch of ex-hippy Babby Boomer scroungers when all’s said and done Amen.

I do feel sorry for Rik Mayall: he couldn’t possibly bring Alan B’stard back now, as he’d sound like Ed Balls but without the gags. Anyway, this one just leaked from the 1922 Committee:

‘Our plan once Gove gets the Chancellorship is that we will simply double all energy prices and tie Labour’s hands by saying it’s a Green, energy conservation policy. Then you see we can simply tax five points as opposed to 27 million salaries, and thus cut the HMRC numbers from 76,504 to 9….and get re-elected on a ticket of abolishing income tax. Result!’

For the anally retentive Trolls out there, that was a joke. For the time being. (Please do not show this post to George Osborne)

Meanwhile, it’s goodbye Merv and allo-allo-whatsa-goin-on-ere-then Mark Canuck. In supporting the choice for new Bank of England Governor on Twitter yesterday, the Prime Minister showed he is still wrestling with 3rd Year English Grammar, but the gist of it was ‘Mark was the besterest candidate of one’.

I think we might all get a whiff of what’s coming via this recent extract from ongoing Carneythink:

“How we manage the rebalancing of the global economy could profoundly influence how open, equitable, and prosperous the New World Order will be. Globalized product, capital, and labour markets lie at the heart of the New World Order to which we should aspire. However, the next wave of globalization needs to be more firmly grounded and its participants more responsible.”

If I can just put that jargon into words:

“How we get the sheep to pay for our policy of inventing virtual money will determine whether we wind up still on top of things, or hanging from lampposts. So let’s all get behind mercantile globalism and trade wars as the way ahead, but fer Chrissakes stop scoring own goals by lying transparently. The future will be all about not getting caught, so go to it.”

PS: the bank Mark used to work for is an anagram of A MAD SLAG’S CON.

More on Mark ‘Fred’ Carno in due course. Until then, keep an eye on what gold does at 10 am New York time today: it’ll be a clear guide to whether anyone believes Greece has been saved by 50 billion sheets of Andrex euros in debt forgiveness….or whether the ClubMed problem might be a little bigger than that.

Related: At the End of the Day, why all pols are wazzocks in short trousers