I know a thing or two about the economy because I’ve been living next to Barclays these past 5 years

Apart from astroturfing, other words and phrases of the day for today are:
1) Holding pattern. The hype is over. The Ashes cricket series between Australia and England has finally started. In Cardiff of all places (which should remind us that actually England players represent England and Wales). In the build up to the first day’s play, the Aussies were struck with the bad news that super-fast bowler Brett Lee had suffered a side strain and was ruled out of the first Test match. But when the injury was still an unknown quantity, before the results of a scan had come back, the team spokesman described the feeling of limbo like this: “We’re in a holding pattern until [the results of the scan]“. And you thought that was just something planes do over Biggin Hill while they wait for the chance to land at Heathrow?
2) Dinkum. As (almost always) in ‘fair dinkum’. The BBC Test Match Special radio commentary team pondered over the etymology of Aussie slang word ‘dinkum’ today. Listeners wrote in with various explanations: brought over by Captain Cook and originally ‘fair drinking’, brought over by immigrant Chinese goldpanners and originally ‘din gum’ (meaning ‘good gold’), and so on. But, beautifully, it’s going to be one of those word puzzles we’ll never be able to solve
3) Sherpa calls. No this is not some form of Himalayan yodelling. It’s, as The Guardian explains, “conference calls among senior officials” before a major political event – such as the forthcoming G8 summit in L’Aquila, Italy. In other words, the officials are like the sherpas – the ones doing all the hard work. The politicians are the Western mountaineers, taking all the glory. But we knew that already. The more interesting point is that the G8 are considering ejecting Italy for its shoddy organisation of the sherpa calls (and many other things, probably, but it’s more fun to think they’ll be kicked out because they couldn’t even organise a conference call at a conference). But guess who stepped in to set up the sherpa calls? Uncle Sam, that’s who. Where would we be without them?
And now for 3 recent words of the day from the Urban Dictionary – which is cheating, sort of, but they deserve wider publication…
4) Hand me up. An amusing new antonym to the much maligned ‘hand me down’: “Where the young generation in a family adopts and purchases new technology product at a fast rate, and old versions (that are in working order but are not up to current standards) of that technology product are given to the parents or older generations of family. Commonly occurs multiple times on commodity technology gadgets, leaving your parents with many gadgets to play with”. It’s time to get your own back for all those years of jumpers, shoes and sportskit your older brother/sister got bored of, that you’d never choose for yourself in a million years, with a bit of free will, but that you still had to accept. Hand me ups are here to stay!
5) Facebrag. A verb. Could be a noun too, in time. The Facebook fightback has begun: “To use Facebook as a platform to brag. Normally about a job, internship, trip, purchase or anything else that nobody really needs to know but you’d like to tell everyone because you’re awesome”. There’s lots of it about
And finally…
6) Sarah Palin Effect. “The principal that expertise on a certain subject can be gained through geographical proximity to it”. As in, ‘I have experience of foreign policy, because Alaska is right next to Russia’. A timely reminder of the SP problem as her resignation from the Alaska Governor’s post is interpreted in some quarters as preparation for a run in the next Presidential election. And to think that the US only just managed to get rid of the last Republican Bossman they were ashamed of. Here comes another one








