The funniest press release of the year

Some people on the right still don’t “get it”: their economic model failed.

I just received this press release (below) and I wasn't sure whether to laugh out loud, pinch myself or consult a calendar to check if it's 1 April.

It's from the Institute of Economic Affairs:

In a new research paper released today, the Institute of Economic Affairs argues the coalition's proposals on financial reform will do little to improve the quality of financial regulation in the UK.

The coalition is proposing to abolish the FSA and reallocate its functions between a series of new quangos and the Bank of England. Instead Does Britain need a financial regulator? (authored by Philip Booth and Terry Arthur) suggests the regulation of investment markets, financial products, insurance companies and other financial institutions, currently carried out by the FSA and the Pensions Regulator, should be stopped and these sectors should instead be allowed to self-regulate within a framework of limited primary legislation.

Self-regulate? The bankers?! Have the guys and gals at the IEA been in a coma for the past two years? Or are they really the evidence-denying, bank-defending, free-market fanatics that this press release suggests?

Mehdi Hasan is a contributing writer for the New Statesman and the co-author of Ed: The Milibands and the Making of a Labour Leader. He was the New Statesman's senior editor (politics) from 2009-12.

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The section on climate change has already disappeared from the White House website

As soon as Trump was president, the page on climate change started showing an error message.

Melting sea ice, sad photographs of polar bears, scientists' warnings on the Guardian homepage. . . these days, it's hard to avoid the question of climate change. This mole's anxiety levels are rising faster than the sea (and that, unfortunately, is saying something).

But there is one place you can go for a bit of respite: the White House website.

Now that Donald Trump is president of the United States, we can all scroll through the online home of the highest office in the land without any niggling worries about that troublesome old man-made existential threat. That's because the minute that Trump finished his inauguration speech, the White House website's page about climate change went offline.

Here's what the page looked like on January 1st:

And here's what it looks like now that Donald Trump is president:

The perfect summary of Trump's attitude to global warming.

Now, the only references to climate on the website is Trump's promise to repeal "burdensome regulations on our energy industry", such as, er. . . the Climate Action Plan.

This mole tries to avoid dramatics, but really: are we all doomed?

I'm a mole, innit.