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Godfrey Bloom
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Godfrey William Bloom TD (born 22 November 1949) is an English author, economist and former politician who served as a Member of the European Parliament (MEP) for Yorkshire and the Humber from 2004 to 2014. He was elected for the UK Independence Party in the European elections of 2004 and 2009, representing UKIP until September 2013, when UKIP withdrew the party whip from him. He then sat as an Independent until the end of his term of office in May 2014. Bloom resigned his UKIP party membership on 13 October 2014.[4]
Key Information
During his tenure, he received attention for making remarks considered objectionable by his party leader, for his opinions concerning climate change and for making other controversial comments. On 20 September 2013, UKIP withdrew the party whip from Bloom after he hit journalist Michael Crick in the street with a conference brochure,[5] threatened a second reporter, and at the party's conference jokingly referred to his female audience as sluts.[6] Bloom resigned his party whip from UKIP on 24 September 2013 and thereafter sat as an Independent MEP until the end of his term in office on 2 July 2014.[1] Nigel Farage, the UKIP party leader, said "the trouble with Godfrey is that he is not a racist, he's not an extremist, or any of those things, and he's not even anti-women, but he has a sort-of-rather old-fashioned Territorial Army sense of humour which does not translate very well in modern Britain".[7]
Bloom was removed as Honorary President of the Ludwig von Mises Centre in December 2017, the organisation citing his comments on Twitter.[8]
Early life
[edit]Bloom was born on 22 November 1949, the son of Alan Bloom and his wife, Phyllis.[9][10] His father served as a fighter pilot during the Second World War.[11] Bloom was educated at St. Olave's Grammar School.[10]
Military
[edit]Bloom was commissioned into the Royal Corps of Transport (Territorial Army) in 1977.[12] attending the Royal Military Academy, Sandhurst for the two week course for territorials. In 1992 he was promoted to the rank of major.[13] He left the TA in 1996.
Professional career
[edit]Bloom worked as a financial economist.[9][14] In 1996 he was part of Francis Maude's regulatory consultancy panel from which he later resigned. In his last position, he worked as the director of the investment company TBO in which he is a major shareholder.[15]
Political career
[edit]Bloom contested the Conservative-held seat of Haltemprice and Howden at the 1997 general election, coming fifth.
In 2004, Bloom's election to the Yorkshire and the Humber seat was UKIP's first seat in the region in the European elections.[14] In 2009, he was re-elected. In the parliament Bloom was a member of the Committee on Economic and Monetary Affairs and the Committee on Women's Rights and Gender Equality.[9]
On 20 September 2013, during its party conference, UKIP withdrew the whip from Bloom. At a party conference meeting he had jokingly referred to his female audience as sluts.[16] Subsequently,[17][18] he got into a confrontation with journalist Michael Crick in the streets, hitting him over the head with the conference brochure,[19][20] and allegedly threatened ITV reporter Paul Brand, by saying, "You treat me badly, you'll get a lot worse than that (Crick's slap) ... that is a threat to any journalist."[16]
On 24 September 2013, he resigned his UKIP party whip, while retaining his party membership. His statement said: "I have felt for some time now that the 'New UKIP' is not really right for me any more".[1]
Bloom and Crick met again in May 2014. The two shook hands and had lunch together and Bloom thanked Crick, describing the incident as a "defining moment" that made him realise that he "wasn't really suited to party politics".[21]
In December 2013, as a result of his various controversies, Bloom was awarded the Plain English Campaign's Foot in Mouth Award.[22] A spokesman said that Bloom was "an overwhelming choice" who "could easily have won this award on at least two other occasions... [he's] a wince-inducing gaffe machine and we could fill a page or two with his ill-advised quotes from 2013 alone".[23]
Views and incidents
[edit]Banking and financial crisis
[edit]Bloom was ejected from the Mansion House in 2009 for heckling Lord Turner for giving staff bonuses after the massive regulatory failure of 2008/09. According to The Daily Telegraph he was the first man to be ejected since John Wilkes in the late-18th century. In a letter to UKIP, Turner wrote that "Mr Bloom will not be receiving any further invitations to Mansion House events nor will be welcome at the Brussels Annual reception [...] As to future Mansion House events we will be seeking a different MEP from UKIP as a potential guest."[24] Bloom signed the petition in disgust at the knighthood for the failures of Hector Sants.[24]
He is a member of the Ludwig von Mises Institute.[25]
Bloom was a co-author of Wolfson Prize Economics Submission with Pat Barron and Philipp Bagus.[26] He warned that credit agencies would be "castrated" by too much regulation of the EU.[27] Bloom claims that most MEPs have "little or no business experience" and do not understand the consequences of their actions.[28]
Women's rights
[edit]A few weeks after being appointed to the European Parliament's Committee on Women's Rights and Gender Equality on 20 July 2004, Bloom told an interviewer that, "no self-respecting small businessman with a brain in the right place would ever employ a lady of child-bearing age."[29] Around the same time, he said that "I just don't think [women] clean behind the fridge enough" and that "I am here to represent Yorkshire women who always have dinner on the table when you get home."[28][30] Bloom told BBC Radio 4's Today programme that his comments were "said for fun" to illustrate a more serious point, that equal-rights legislation was, he claimed, putting women out of work.[28]
Bloom stated that he had visited brothels in Hong Kong. He said he never consummated the visits, and also claimed "terrified young women beaten into prostitution often from Eastern Europe [...] is only a very small aspect of the flesh trade", and concluded that "in short, most girls do it because they want to."[31]
After inviting students from the University of Cambridge Women's Rugby Club to Brussels in 2004, he was accused of sexual assault, making "sexist and misogynistic remarks" and using offensive language during a dinner party. One student handed a formal letter of protest to the President of the European Parliament, heavily criticising Bloom's behaviour. Bloom, who sponsored the club with £3,000 a year, denied sexual harassment.[32][33]
In a piece for politics.co.uk in August 2013, Bloom attempted to set the record straight about his earlier comments on gender equality.[11] He argued against quotas for women in boardrooms, claimed that feminism was a "passing fashion" created by "shrill, bored, middle-class women of a certain physical genre" and that any men who supported feminism were "the slightly effete politically correct chaps who get sand kicked in their face on the beach." He said that women were better at "[finding] the mustard in the pantry" than driving a car.[34][35]
Climate change
[edit]Bloom rejects anthropogenic global warming. He said in 2009: "As far as I am concerned man-made global warming is nothing more than a hypothesis that hasn't got any basis in fact. Every day more scientists are modifying their initial views".[36]
Rainbow Warrior bombing
[edit]At the 2009 United Nations Climate Change Conference in Copenhagen, Bloom was filmed in front of the Greenpeace flagship, Rainbow Warrior II, saying, "Here we have one of the most truly fascist boats since 1945, well done the French for sinking one of these things."[37][38] He was referring to the 1985 bombing of the ship's predecessor by French government agents in which Dutch photographer Fernando Pereira was killed. After criticism, the video was removed from Bloom's YouTube channel and he said he had forgotten about the death.[39]
Other incidents
[edit]In December 2008, Bloom was carried out by an intern after making a speech in the European Parliament while drunk,[40] the second occasion on which he was accused of being drunk in the chamber.[11] During the speech, Bloom said that the MEPs from Poland, the Czech Republic and Latvia did not understand economic relations. In February 2012, Bloom interrupted a debate with the question whether the Cambridge University Women's Rugby team should wear their logo on the front or back of their shirts. Later he admitted consuming alcohol and "very heavy" prescription painkillers after breaking his collarbone in a riding accident.[41]
On 24 November 2010, Bloom was ejected from the European Parliament after directing a Nazi slogan at German MEP Martin Schulz who was speaking in a debate on the economic crisis in Ireland. Bloom interrupted Schulz and shouted "Ein Volk, ein Reich, ein Führer" at him.[11][42] He then proceeded to call the latter "an undemocratic fascist", a remark for which he was removed from the chamber. Labour MEP group leader Glenis Willmott described his behavior as "an insult to all those who have fought against fascism" whilst Liberal Democrat group leader Fiona Hall described him as a "national embarrassment".[42]
At the height of the 2009 parliamentary expenses scandal, Bloom complained about the lack of manners of the political class.[citation needed] On his website, he pointed out that, unlike many others, he would not employ family members in his parliamentary staff.[citation needed] Bloom later conceded that three members of his staff were also employed part-time at TBO, the company in which he is a major shareholder, and one of these is his wife's niece.[15] Bloom failed to declare his interest in TBO to European Parliament officials and in 2008 Bloom's company TBO was fined £28,000 by the Financial Services Authority for 'posing an "unacceptable risk" to customers'.[43] In August 2014, TBO was fined and ordered to pay more than £2 million in damages to a retired couple, having ignored their request for cautious financial planning and "gambled" almost all their clients' money on high risk investments with an almost complete loss.[44]
In July 2013, Bloom made a speech about Britain's foreign aid in which he referred to countries as "Bongo Bongo Land".[45] A video was passed to The Guardian newspaper.[46] A spokesman for UKIP was reported as saying that Bloom's remarks were being "discussed right at the very highest level of the party".[46] After refusing to apologise,[11] he later said he regretted the comments[47] but clarified it by saying that whilst he intended it to be derogatory, he regretted that it had caused offence and he didn't mean it to be racist.[11] Party leader Nigel Farage later asked him not to use the phrase again.[48]
In an interview in August 2013, Bloom described Prime Minister David Cameron as "pigeon-chested; the sort of chap I used to beat up."[11]
During a LBC Radio interview in November 2013, he called for the unemployed and public sector workers to lose the right to vote.[49]
In January 2014, broadcaster Michael Crick stated that Bloom, supporting the motion "Post-war Britain has seen too much immigration" in a debate at the Oxford Union, asked a disabled student who was speaking against the motion if he was Richard III.[50] According to Crick, Bloom told him that the student had taken his remark "in good spirit" with both sharing drinks during an after-debate reception, suggesting Crick confirm this with the student. Crick followed up the suggestion whereby the student accepted Bloom's version of events, stating that, although the comment was not "very nice," he and Bloom got on well, and that Bloom was "a very interesting man to talk to."[50] Fellow supporter of the motion, journalist and author Douglas Murray, described Bloom's comment as "gruesome"[51] and "the cruellest thing."[50]
In December 2017, Bloom wrote a tweet identifying Goldman Sachs as an "international Jewish bank" (in response to a tweet about Brexit by the bank's CEO Lloyd Blankfein).[52] The tweet was alleged to be anti-Semitic by two other tweeters.[53]
On 2 December 2019, days after the 2019 London Bridge stabbing, Bloom tweeted in response to pleas from the father of one victim, Jack Merritt, that politicians not use his son's death for political gains:[54]
"As I understand it your son died because he believed early release for jihadists was justified because they could be rehabilitated
Society is demanding these releases stop immediately
A very pragmatic view, nothing vile about it.
Grieve silently is my advice" [55]
References
[edit]- ^ a b c "Godfrey Bloom quits as UKIP MEP after 'sluts' joke row" Archived 20 December 2018 at the Wayback Machine, BBC News, 24 September 2013
- ^ "Godfrey Bloom To Quit As Ukip MEP After 'Sluts' Row" Archived 19 November 2018 at the Wayback Machine, The Huffington Post, 24 September 2013
- ^ @GoddersBloom (13 October 2018). "The Conservative Party have relented. My membership card arrived today. I suspect the personal intervention of David Davis. Membership number 528905543 Haltemprice & Howden. More I suspect on this soon" (Tweet). Retrieved 13 October 2018 – via Twitter.
- ^ "Godfrey Bloom Leaves UKIP". ITV News. 13 October 2014. Archived from the original on 14 October 2014. Retrieved 13 October 2014.
- ^ "Selfish Godfrey Bloom's 'sluts' slur has killed Ukip conference, says Nigel Farage". The Telegraph. London. 20 September 2013. Archived from the original on 8 April 2014. Retrieved 28 February 2014.
- ^ "Godfrey Bloom: UKIP MEP Calls Women 'Sluts'". Sky News. 20 September 2013. Archived from the original on 27 October 2013. Retrieved 28 February 2014.
- ^ "Thwack! MEP's blunders derail Ukip party conference". Channel 4 News. 20 September 2013. Archived from the original on 23 September 2019. Retrieved 23 September 2019.
- ^ "Announcement". Mises UK. 18 December 2017. Archived from the original on 18 December 2017. Retrieved 18 December 2017.
- ^ a b c "Godfrey Bloom". European Parliament. Archived from the original on 13 April 2012. Retrieved 21 January 2010.
- ^ a b "Bloom, Godfrey" Archived 22 September 2022 at the Wayback Machine, Who's Who 2014, A & C Black, an imprint of Bloomsbury Publishing plc, 2014; online edition, Oxford University Press, November 2014 (subscription required) Retrieved 25 April 2015
- ^ a b c d e f g Rainey, Sarah (24 August 2013). "I used to beat up lads like the PM, says 'Bongo Bongo' Bloom". The Telegraph. Archived from the original on 23 August 2013. Retrieved 24 August 2013.
- ^ "No. 47300". The London Gazette (Supplement). 15 August 1977. p. 10586.
- ^ "No. 53271". The London Gazette (Supplement). 8 April 1993. p. 6487.
- ^ a b "UKIP wins first seat in region". BBC News. 14 June 2004. Archived from the original on 28 November 2010. Retrieved 22 January 2010.
- ^ a b "UKIP MEP Godfrey Bloom pays assistants who also work for his investment firm". The Times. 30 May 2009. Archived from the original on 10 August 2013. Retrieved 26 March 2013.(subscription required)
- ^ a b "Godfrey Bloom: UKIP MEP Calls Women 'Sluts'" Archived 21 September 2013 at the Wayback Machine, Sky.com, 20 September 2013
- ^ Rowena Mason "Ukip's Godfrey Bloom has whip removed after 'sluts' remark" Archived 31 August 2016 at the Wayback Machine, theguardian.com, 20 September 2013
- ^ "Ukip conference in chaos after Godfrey Bloom hits journalist". politics.co.uk. 20 September 2013. Archived from the original on 3 March 2016. Retrieved 1 March 2014.
- ^ "Thwack! MEP's blunders derail Ukip party conference" Archived 22 September 2013 at the Wayback Machine, Channel 4 News, 20 September 2013
- ^ "Ukip MEP Godfrey Bloom whacks Michael Crick over the head with party brochure", telegraph.co.uk, 20 September 2013
- ^ "Friends reunited: Godfrey Bloom & Michael Crick share a beer". Channel 4 News. 14 May 2014. Archived from the original on 22 September 2022. Retrieved 24 May 2014.
- ^ "2013 Foot in Mouth award winner". Plain English Campaign. Archived from the original on 25 February 2021. Retrieved 6 December 2013.
- ^ "Foot in mouth gong for Godfrey Bloom, Yorkshire and Humber MEP". BBC News. 4 December 2013. Archived from the original on 6 August 2021. Retrieved 6 December 2013.
- ^ a b Jonathan Russell (3 October 2009). "No more Bloom and Bust for Mansion House". The Telegraph. Telegraph Media Group. Archived from the original on 7 September 2013. Retrieved 26 March 2013.
- ^ "Ludwig von Mises Institute Europe". Ludwig von Mises Institute. Archived from the original on 8 July 2022. Retrieved 7 August 2013.
- ^ "The Wolfson prize" (PDF). Godfrey Bloom. Archived from the original (PDF) on 3 January 2013. Retrieved 7 July 2011.
- ^ "MEP: Strict regulation will castrate rating agencies". FTAdvisor. 16 January 2013. Archived from the original on 30 January 2013. Retrieved 26 March 2013.
- ^ a b c Daniel, Mark (2005). Cranks and gadflies: the story of UKIP. Timewell Press. p. 149. ISBN 978-1-85725-209-5. Archived from the original on 9 October 2013. Retrieved 17 March 2016 – via Google Books.
- ^ Booth, Jenny (20 July 2004). "UKIP man champions a woman's right to clean fridges". Times Online. Times Newspapers.[dead link]
- ^ "UKIP MEP in row over working women". BBC News. 21 July 2004. Archived from the original on 1 June 2013. Retrieved 21 July 2004.
- ^ "Brothel visit: Euro MP under fire after saying most prostitutes not exploited". Yorkshire Post. JPI Media. 22 October 2004. Retrieved 26 March 2013.
- ^ "UKIP Man in Brussels faces harassment claim after trying to quash his sexist reputation". The Independent. ESI Media. 3 October 2009. Archived from the original on 10 May 2013. Retrieved 26 March 2013.
- ^ "Harassment case MEP brings debate to Bowtell" (PDF). Varsity (Cambridge University student newspaper). 22 October 2004. Archived (PDF) from the original on 11 August 2013. Retrieved 26 March 2013.
- ^ "Ukip MEP Godfrey Bloom disparages women drivers, feminists... and mild-mannered men". The Independent. ESI Media. 20 August 2013. Archived from the original on 24 August 2013. Retrieved 4 September 2013.
- ^ "Comment: Let's face it – men and women are different". Politics.co.uk. 20 August 2013. Archived from the original on 24 May 2014. Retrieved 4 September 2013.
- ^ Len Tingle Climate change: man-made or myth? BBC News, 1 October 2009
- ^ "Rainbow Warrior bombing praised". New Zealand Herald. 8 February 2010. Archived from the original on 24 October 2012. Retrieved 8 February 2010.
- ^ "MEP Godfrey Bloom hails Greenpeace ship attack". BBC News. 10 February 2010. Archived from the original on 11 February 2010. Retrieved 10 February 2010.
- ^ John Vidal "Godfrey Bloom 'forgot' Rainbow Warrior death during Copenhagen rant" Archived 3 March 2016 at the Wayback Machine, TheGuardian.com, 5 February 2010
- ^ Hannan, Daniel (10 December 2008). "A drunk Eurosceptic makes more sense than a sober federalist". The Telegraph. London. Archived from the original on 20 July 2009. Retrieved 8 February 2012.
- ^ "UKIP MEP makes Euro Parliament speech on booze and drugs cocktail". Political Scrapbook. CloudLeft Media. 6 February 2012. Archived from the original on 4 October 2012. Retrieved 8 February 2012.
- ^ a b "UKIP MEP Godfrey Bloom ejected over Nazi jibe". BBC News. 24 November 2010. Archived from the original on 12 August 2013. Retrieved 7 August 2013.
- ^ "British MEP'S secret firm was fined £28,000 by financial regulators". Political Scrapbook. CloudLeft Media. Archived from the original on 29 October 2013. Retrieved 25 October 2013.
- ^ Gallagher, Paul (15 August 2014). "Former Ukip bad boy Godfrey Bloom 'horrified' as his firm is fined for gambling couple's £2m". The Independent. London. Archived from the original on 18 August 2014. Retrieved 18 August 2014.
- ^ Goldhill, Olivia (21 August 2013). "Feminists mocked by 'Bongo bongo' Ukip man Godfrey Bloom". The Daily Telegraph. London. Archived from the original on 23 September 2019. Retrieved 23 September 2019.
- ^ a b Mason, Rowena (6 August 2013). "Ukip MEP Godfrey Bloom criticises aid to 'bongo bongo land'". The Guardian. London. Archived from the original on 8 August 2013. Retrieved 6 August 2013.
- ^ "UKIP MEP Godfrey Bloom 'has regret' over 'Bongo Bongo' phrase". BBC News. 7 August 2013. Archived from the original on 8 August 2013. Retrieved 7 August 2013.
- ^ Peter Dominiczak "Godfrey Bloom says he's promised Nigel Farage not to say 'bongo bongo land'" Archived 14 June 2018 at the Wayback Machine, The Telegraph, 7 August 2013.
- ^ "Ex-Ukip MEP Godfrey Bloom: Ban Jobless and Public Sector Workers from Voting". International Business Times UK. 4 November 2013. Archived from the original on 26 November 2013. Retrieved 13 December 2014.
- ^ a b c Crick, Michael. "Godfrey Bloom does it again, only worse" Archived 30 January 2014 at the Wayback Machine, Channel 4 News, 24 January 2014. Retrieved 24 January 2014.
- ^ Douglas Murray "My night with Godfrey Bloom" Archived 22 September 2022 at the Wayback Machine, The Spectator (blog), 25 January 2014
- ^ ""International Jewish bank recommends second vote & we should vote Remain"". @GoddersBloom. Archived from the original on 18 December 2017. Retrieved 18 December 2017 – via Twitter.
- ^ Daniel Sugarman, Former UKIP MEP Godfrey Bloom makes "Jewish bank" comment Archived 12 June 2018 at the Wayback Machine, The Jewish Chronicle, 18 December 2017
- ^ "'Jack would be livid his death has been used to further an agenda of hate'". The Guardian. London. 2 December 2019. Archived from the original on 2 December 2019. Retrieved 2 December 2019.
- ^ "General Godfrey Bloom QC". Twitter. Archived from the original on 2 December 2019. Retrieved 2 December 2019.
External links
[edit]Godfrey Bloom
View on GrokipediaGodfrey William Bloom TD (born 22 November 1949) is a British libertarian economist, author, and former politician who served as a Member of the European Parliament (MEP) for Yorkshire and the Humber representing the United Kingdom Independence Party from 2004 to 2014.[1][2]
Educated at St Olave's Grammar School, Bloom underwent military training at the Royal Military Academy Sandhurst and served in the Territorial Army, attaining the rank of Major in the Royal Corps of Transport while acting as logistics liaison to the 4th Armoured Division in Germany; he holds the Territorial Decoration and Bar for his service.[1][3]
He pursued a 35-year career in London's financial sector, beginning in 1967 with investment management, later managing fixed-interest funds, life assurance companies, and winning international recognition for fund performance at Mercury Asset Management.[4][1]
Bloom advocates Austrian School economics, emphasizing free markets, sound money, and opposition to central banking and fiat currency expansion, as detailed in his publications including The Magic of Banking: The Coming Collapse.[5][6][7]
In the European Parliament, he contributed to the Committee on Economic and Monetary Affairs and the Committee on Women's Rights and Gender Equality, delivering speeches that critiqued state fiscal policies and attracted over 60 million online views.[2][1]
A vocal Eurosceptic, Bloom campaigned for British withdrawal from the European Union for 25 years, aligning with UKIP's platform on national sovereignty and free trade.[1][8]
Early life and education
Childhood and family
Godfrey Bloom was born on 22 November 1949 in Lewisham, London.[9][3] He was the son of Alan Bloom, a fighter pilot who served during the Second World War, and his wife Phyllis.[3][10] Bloom grew up in London amid a family environment shaped by his father's military background, which emphasized discipline and resilience in the post-war era.[10] No public records detail siblings or additional extended family influences from this period.[11]Schooling and early influences
Bloom attended St Olave's Grammar School in Orpington, a selective state grammar school established in 1571 and known for its rigorous academic standards, including a traditional emphasis on classics, mathematics, and sciences that cultivated disciplined critical thinking among pupils.[3] This environment, characterized by high entrance standards and a focus on intellectual merit over social considerations, provided a foundation in empirical reasoning that aligned with Bloom's subsequent advocacy for evidence-based analysis in economics and policy.[3] During his early adulthood, Bloom pursued military-related education through a two-week commissioning course at the Royal Military Academy Sandhurst in 1976, tailored for Territorial Army officers, which introduced him to leadership principles, logistics, and strategic decision-making under pressure.[12] This brief but intensive training marked an initial engagement with defense studies, emphasizing practical causality and resource allocation—concepts that echoed in his later critiques of state interventionism.[12] Bloom later became an associate member of the Royal College of Defence Studies (RCDS), an advanced institution for strategic studies affiliated with the UK's Ministry of Defence, where he presented papers and lectures on military history and policy.[1] His involvement with the RCDS, including contributions to joint services and national defense forums, reflected an ongoing intellectual interest in historical precedents and geopolitical realism, predating his formal political career and informing his empirical approach to libertarian principles such as skepticism toward centralized power.[1]Military service
Training and commissioning
Bloom underwent officer training at the Royal Military Academy Sandhurst, completing a specialized two-week commissioning course designed for Territorial Army candidates.[1][3] This abbreviated program, tailored for reserve officers, emphasized essential leadership, tactical, and logistical skills while adapting regular army standards to part-time service requirements.[13] He passed out of Sandhurst in 1976 and was commissioned as an officer in the Royal Corps of Transport (Territorial Army), focusing initially on logistics coordination.[1][8] His early role involved serving as a logistics liaison officer attached to the 4th Armoured Division in Germany, where responsibilities centered on supply chain readiness and operational support in a Cold War NATO context.[1][14] This posting highlighted practical emphases on efficient resource allocation and rapid deployment, underscoring the TA's role in augmenting regular forces without the full immersion of standard 44-week Sandhurst training.[1]Territorial Army roles and experiences
Bloom served for 30 years in the Territorial Army, initially with the County of London Yeomanry and later in the Royal Corps of Transport, attaining the rank of major and earning the Territorial Decoration with bar.[4][15] Following his commissioning in 1977, he acted as logistics liaison officer to the 4th Armoured Division in Germany as part of the British Army of the Rhine during the Cold War, contributing to sustainment operations in a forward-deployed environment.[16][17] In the early 1980s, Bloom participated in major divisional exercises such as Crusader and Lionheart, which tested Territorial Army integration with regular forces in simulated large-scale maneuvers against potential Warsaw Pact threats, demonstrating the reserves' operational readiness and logistical support capabilities.[17] These experiences highlighted the effectiveness of well-funded and trained reservists, with Bloom observing that high-level exercises validated the TA's role in national defense preparedness, though he noted subsequent inefficiencies arising from reduced funding and training post-Cold War, based on direct involvement in Rhine Army logistics.[17]Professional career
Financial services in the City
Bloom commenced his professional career in the City of London in 1967, entering the investment department of Matthews Wrightson as one of the first city management trainees.[4] He accumulated over 35 years of experience in financial services, encompassing diverse responsibilities such as pension fund trustee advising until 1986 and general management of a unit trust company.[18][19] From 1986 to 1992, Bloom served as a fund manager at Mercury Asset Management, where he specialized in fixed-interest investments and secured an international prize for his performance in that category.[1] His funds achieved top-decile rankings for a record 14 consecutive quarters, demonstrating proficiency in asset allocation and risk assessment amid fluctuating interest rates and credit conditions.[4] Fixed-interest management required rigorous evaluation of sovereign and corporate debt sustainability, exposing practitioners to empirical patterns of yield curve distortions and default risks during inflationary and deflationary cycles.[18] Bloom concluded his City tenure as a financial research economist from 1992 to 2004, focusing on macroeconomic indicators and monetary policy impacts on investment portfolios.[19] In this capacity, he analyzed fiat currency dynamics, including exchange rate volatility and central bank interventions, which informed strategies for hedging against devaluation in global markets.[1] His professional track record emphasized quantitative modeling of economic cycles, prioritizing undervalued assets over speculative bubbles driven by loose credit.[20]Authorship and libertarian advocacy
Godfrey Bloom has authored several books critiquing central banking and promoting principles of the Austrian School of economics, including The Magic of Banking: The Coming Collapse (2013), which argues that fiat currency systems and fractional reserve banking inevitably lead to economic instability through inflation and malinvestment, drawing on historical precedents like the collapse of the Bretton Woods system.[6] In this work, Bloom employs causal analysis to demonstrate how government interventions distort market signals, leading to boom-bust cycles, as evidenced by empirical cases such as the 1920s credit expansion preceding the Great Depression.[5] His writings emphasize deregulation of financial markets and a return to commodity-backed money to prevent such failures, positioning central banks as institutions that prioritize political ends over sound monetary policy.[21] Bloom's libertarian advocacy extends to public endorsements of the gold standard as a mechanism for limiting monetary expansion and preserving purchasing power, arguing that historical adherence to gold constrained fiscal irresponsibility in pre-1914 Britain, where real wages rose steadily without the inflationary distortions seen post-World War I.[22] Through associations with organizations like the Mises Institute, where he has contributed discussions on Austrian economics and critiqued interventionist policies, Bloom has highlighted empirical failures of Keynesian demand management, such as persistent stagflation in the 1970s, as vindication of praxeological critiques over mainstream econometric models.[23] These efforts underscore his role in disseminating first-principles economic reasoning against prevailing narratives that attribute crises to market deficiencies rather than state-induced distortions.[7] In A Dinosaur's Guide to Libertarianism, Bloom critiques regulatory overreach and the erosion of individual sovereignty, using historical analogies like the British Empire's pre-interventionist prosperity to advocate for minimal government interference in voluntary exchange.[5] His analyses consistently prioritize verifiable historical data over theoretical abstractions, challenging the credibility of academic and media sources that downplay the causal links between monetary expansion and asset bubbles, as seen in the dot-com and housing crises.[8]Political career
Entry into UKIP and electoral success
Bloom joined the United Kingdom Independence Party (UKIP) in the late 1990s, motivated by his opposition to British adoption of the euro currency and concerns over the European Union's trajectory toward federalism and administrative overreach.[24][18] His libertarian economic perspective aligned with UKIP's advocacy for monetary sovereignty and resistance to supranational integration, which he viewed as empirically detrimental to UK fiscal autonomy given the projected costs of eurozone entry estimated at billions in lost competitiveness and seigniorage benefits.[18] Before achieving European electoral success, Bloom stood as UKIP's candidate in two general elections for the East Yorkshire constituency, highlighting the party's platform against EU bureaucratic waste and in favor of repatriating powers to Westminster.[25] In the 2004 European Parliament elections, UKIP leader Nigel Farage persuaded Bloom to head the party's list for the Yorkshire and the Humber region, where UKIP polled 16.5% of the vote—totaling approximately 255,000 votes—and secured one of the six seats under the proportional representation system, with Bloom elected as the inaugural UKIP MEP for the area.[18][26] The campaign focused on restoring national sovereignty, promoting free-market policies unencumbered by EU regulations, and publicizing data on the UK's net annual contribution to the EU budget, which exceeded £3 billion at the time after rebates.[26]Tenure as MEP
Godfrey Bloom served as a Member of the European Parliament (MEP) for Yorkshire and the Humber from July 2004 to June 2014, representing the UK Independence Party (UKIP). Initially aligned with the Independence/Democracy Group, he later joined the Europe of Freedom and Democracy (EFD) Group until January 2014, after which he sat as a non-attached member.[27][2] During this period, Bloom focused on economic critiques within the Committee on Economic and Monetary Affairs (ECON), serving as a member from February 2009 to July 2009 in the sixth term and continuously from July 2009 to June 2014 in the seventh term, while also acting as coordinator for the EFD group on ECON matters.[27][2][28] In ECON and plenary sessions, Bloom advanced first-principles-based arguments against fiat money systems and EU subsidies, exemplified by his May 2013 speech decrying fractional reserve banking as a "criminal scandal" that enabled lending of non-existent funds, contributing to systemic banking malpractices exposed post-2008 financial crisis.[29] He issued opinions critiquing the EU's Multiannual Financial Framework, highlighting inefficiencies in state overspending akin to those revealed in the contemporaneous UK parliamentary expenses scandal, though focused on EU budgetary parallels.[2] Bloom's plenary interventions, such as on taxation programs in November 2013 and residential credit agreements in September 2013, emphasized data-driven exposures of fiscal irresponsibility, pushing for reforms to curb monetary expansion and agricultural subsidies that distorted markets.[30][31] Bloom's chamber speeches garnered significant public attention, accumulating over 60 million views on platforms like Facebook and YouTube for content addressing banking scams and tax malpractices, amplifying UKIP's Eurosceptic discourse.[32] These viral addresses, including critiques of EU irrelevance through economic data on net contributions and regulatory burdens, presaged Brexit arguments by underscoring the lack of tangible benefits from membership. Within UKIP and EFD alliances, Bloom collaborated on opposition to EU financial instruments, such as development cooperation funding, advocating reduced fiscal transfers and highlighting causal links between interventionist policies and economic stagnation.[2] His tenure thus prioritized legislative scrutiny over consensus-building, influencing public skepticism toward EU institutions via unfiltered economic realism.
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