Opinion – UK innovators: ready to launch – FT.com – John Gelmini

As Dr Alf knows Britain is full of innovative and creative people who invent all sorts of things.

Sadly, they are constantly let down by VCs, who are 5 times more risk averse than their American counterparts at MIT and Sand Hill Road, Palo Alto(Silicon Valley), and civil servants and officials who see the costs of everything and the value of nothing and bank managers who act as if they had been lobotomized.

It is a legacy we took to Commonwealth countries, such as Australia where some years ago a patent had been developed to more efficiently and cheaply extract aluminium from raw Bauxite. This patent had expired and no-one in Australia was interested in it, even though Australia has vast quantities of Bauxite and would have been able to add value by producing aluminium products, rather than taking the lazy route of selling the Bauxite.

The Japanese department MITI sent a team of 6 experts to Australia who practically lived in the Australian Patent office for 6 months, trying to see how the techniques within the patent could be improved upon. They succeeded in not only re-engineering the processes but in creating brand new ones which the original inventor had not even considered after 6 months of painstaking work. They then filed a new set of global patents.

The only advantage we have over the Far East is our creativity and inventive genius but with the speed of emulation and “fast follower ” processes we risk squandering our Occidental birthright.

John Gelmini

Gordon Brown attacks Jeremy Corbyn without mentioning his name – UK media’s reaction

English: Gordon Brown

English: Gordon Brown (Photo credit: Wikipedia)

In a passionate speech, former Labour Prime Minister, Gordon Brown, set out to destroy Jeremy Cobyn’s record, values and the catastrophe for the Labour Party if Corbyn became the next leader of the party. In a nearly hour-long speech, Brown constantly paced the stage but never once mentioned Corbyn’s name.

Here’s the reaction in the UK’s left-wing media:

Gordon Brown urges Labour not to be party of protest by electing Corbyn | Politics | The Guardian.

Gordon Brown warns Labour is in danger of becoming a ‘party of protest’ (and manages not to mention Jeremy Corbyn once) – UK Politics – UK – The Independent.

Labour leadership: Gordon Brown says party must be credible – BBC News.

Gordon Brown: Labour must seek power with a purpose – The New Statesman.

For a more right-wing media response to the speech, open the following links:

Gordon Brown damns Jeremy Corbyn… without even mentioning his name – Telegraph.

Gordon Brown calls on Labour party supporters not to back Jeremy Corbyn  | Daily Mail Online.

Gordon Brown tells Labour it must choose ‘electable’ leader | PoliticsHome.com.

Left me give you a flavor of Gordon Brown at his best:

If I’m right that we need global alliances then don’t  tell me… that we can do much for the poor of the world if the alliances we favour most are with Hezbollah, Hamas, Hugo Chavez’s successor in Venezuela and Vladimir Putin’s totalitarian Russia.”

Jeremy Corbyn reminds me of the socialists in Spain who were responsible for destroying the economy, with soft loans to dubious, ultra-left wing causes around the world. The socialists in Spain are responsible for the pain of austerity and the fifty-percent youth unemployment. With Corbyn’ leadership, there’s a risk of 50% youth unemployment in the UK too.

In UK left-wing circles, Gordon Brown is still a heavy-weight. In terms of intellectual argument, he was always sharper than former Prime Minister Tony Blair. Brown has now joined a list of Labour Party heavy-weights, including Blair, who are deeply opposed to Corbyn.

Let me ask an open question:

Surely if Jeremy Corbyn becomes the next leader of the Labour Party, it will confirm that the Labour Party haas been hijacked by the hard-left and anarchists?