Thursday Thoughts

 

Interesting to read how Bernie Ecclestone, the 93 year old one time owner of Formula 1, has been given a suspended sentence for dodging £400 million tax.  A Trust he did not comprehend, I think is the excuse.  He has agreed to pay £650 million to the tax man to avoid jail.

In itself there is not much here in this story, except that a rich man has been forced to pay money to the taxman.  Bernie himself has always been his own man, that's how he became rich, and after paying this cash he will still have millions, if not billions, put aside 'for the family.'  I am left considering why a 93 year old needs so much cash?

He is described as 'frail' in court, but such 'frail' men are often seen on their yachts with young ladies later looking quite frisky.  Remember that Guinness man who developed dementia while on trial and then forgot about it after release?   What does a 93 year old require billions for?  He must have family, he must have friends, but once again I think, had it been me, I would be making positive use of this money.  Maybe of course it is having the riches is where his life is based.  The wealth, the boasting, the power, is what matters, the actual cash means little.  

I wonder when the HMRC will decide to take such action amongst the present cabinet...?

I wonder if Benjamin made a mistake?  We hear from many sides that an attack by Hamas was expected.  Lat night I heard two BBC correspondents mentioning this, and the BBC foreign correspondents are quite good, unlike those in London.   The problems on the border, the jailing of Palestinians, the difficulties in Gaza, the deaths of young Palestinians, all have created tension.  Hamas have been looking for an excuse to launch an attack, did Israel misunderstand this?  

The more I read the more I wonder if Benjamin considered a small outrage by Hamas worth suffering as then he could go in heavy and deal with it, and strengthen his leadership.  He is not one to avoid an excuse to build himself up.  However, the Hamas attack was very creative, totally beyond what was expected, hundreds killed, many wounded, and total shock in an Israel slowly building itself into a 'European/World State.'  The immediate response was expected, but who suffered Hamas or others?

Now there has been created a 'national government' of sorts.  Maybe this will save Netanyahu, maybe not.  Many on Twitter blame him, indeed a poll today almost 60% blame the man himself.  The problem with playing with war is that you can get hurt.  If he overdoes the response now it could go very wrong, much more dangerous for the world that Ukraine, which we now all ignore.     

Prospect

I've just been listening to a podcast on 'Prospect' magazine, featuring a 'Haarez' journalist in Tel Aviv.  It was good to listen to a calm thoughtful 25 minutes, including a big 'bump' in the distance, as she spoke of the situation there.  Well worth a listen.