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Tom Watson admits Gleneagles change was a whim• 63-year-old open to using younger vice-captainsThe United States Ryder Cup captain Tom Watson has admitted there was little “method in his madness” after reducing his number of wildcard picks for next year’s contest at Gleneagles from four to three.Watson has been charged with the task of trying to end Europe’s dominance of the biennial event, with last year’s “Miracle at Medinah” making it seven wins out of nine since Watson himself captained the US side to victory at The Belfry in 1993.However,
the 63-year-old did not offer any detailed analysis as to why he was changing the qualifying system first used in 2008.”There’s not a lot of method in my madness but I think the players ought to have another shot of getting on the team by merit,” Watson said. “I will use all possible resources in choosing these three captain’s choices to complete the best possible team in order to win the cup back for the United States.”Paul Azinger was the first US captain to have four picks and is also the last to taste success after his side won by five points at Valhalla.His
opposite number Nick Faldo had two wildcards – Ian Poulter and Paul Casey – while the 2010 European captain Colin Montgomerie opted for three wildcards and the 2012 captain José MarÃa Olazábal chose just two.The current captain Paul
McGinley has stated he is likely to “tweak” the current selection process – which uses two wildcards in addition to 10 qualifiers – rather than make a radical change.Watson revealed he had consulted other captains before making his decision, saying: “I ran it by three or four recent captains, we had long conversations about it and all of them
said it was a good decision.”I talked with Paul [Azinger] and he was behind it 100%. He had some good thoughts about how he comprised the team and what he did with the team to get them some ownership in the process.”The
five-times Open champion has yet to decide on his vice-captains, but insists he has been taking steps to ensure he will know all about some of the possible younger members of his team.”I have already started the process of really trying to get to know who is out on the PGA
Tour,” Watson said.
“I have watched a lot of
golf and I know who Russell Henley is, Kevin Streelman, some of the youngsters you haven’t heard of.”Tiger [Woods] and Phil [Mickelson] both won already this year and there’s always Steve Stricker. I know these players to a certain degree but I’m going to get much more familiar with them over the next 18 months.”It’s going to be interesting to see how the team is comprised, whether there will be three or four young players who have never made the team, and then you have the old stalwarts like Phil and Tiger who have to step up to the plate as well and lead that team.”Although Watson believes Europe’s biggest home advantage is having played previous Ryder Cups on courses used for regular tour events, he will not insist on potential team members visiting Gleneagles in advance.He said: “We are just going to have to ramp up our preparation and if the players choose to go over there … The bottom line is to get your body on the right time as quickly as possible and then get to know the golf course.”They
do it for a living so I am not too concerned about them getting to know the golf course except for the fact that they haven’t done it in all conditions.”Ryder CupTom WatsonGolfUS sportsguardian.co.uk © 2013 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More FeedsFarm bills passed by the full Senate and the House Agriculture Committee in 2012 would cost billions more this year
if they were enacted without changes, according to a new estimate from the Congressional Budget Office. The whale-shaped, white pads are made out of vinyl and textured surfaces with adhesive backings. They’re supposed to help prevent children from slipping and falling in bathtubs. The pads come in
sets of 12 and 15. The State Department finds no significant environmental barriers to approval of the Keystone XL pipeline. The FBI denied published reports Wednesday that it had paid thousands of dollars in a sting operation to Joran van der Sloot, a suspect in Natalee Holloway’s disappearance, and put off arresting him to help build a murder case.
Mervyn King says current situation ‘nonsense’ as he lays bare his disagreement with George Osborne over RBS’s futureSir Mervyn King has blown open the debate about the future of Royal Bank of Scotland by describing the current situation as “nonsense” and calling for the bailed out bank to be broken up into a good and bad bank.Less than a week after the Edinburgh-based bank insisted it could be ready for partial privatisation ahead of the May 2015 election, the Bank of England governor laid bare his disagreement with the chancellor, George Osborne, over the future of RBS, saying the state-backed bank could not be sold off until it acknowledges the full scale of its bad debts.Giving evidence to the banking standards commission, King said of RBS: “The whole idea of a bank being 82% owned by the taxpayer, run at arm’s length from the government, is a nonsense. It cannot make any sense”.With
three months left before he is replaced by Canadian Mark Carney, King said “nothing has been achieved” at RBS, apart from removing risk from its balance sheet, to return it to the private sector.In
an effort to get lending flowing to businesses, King said a “bad” bank could house all the troublesome loans.
The taxpayer would retain that bank.
The “good” bank that would be created could then lend to businesses and be rapidly privatised. King admitted this would require the government to take losses. “It is not beyond the wit of man to restructure RBS such that it could be sold back to the private sector relatively soon.
It should not take more than a year. But that means accepting the losses,” he said.”The
lesson of history is that we should face up to it – it’s worth less than we thought and we should accept that and get back to finding a way to create a new RBS that could be a major lender to the UK economy,” he said.Lord
Lawson, a former Conservative chancellor and member of the commission, has also proposed nationalising RBS and then splitting it in two. When the commission tackled Osborne on the subject last week, the chancellor had stamped on any suggestion that he would use up to “£8bn or £9bn” of taxpayer funds to take control of the rest of RBS before breaking it up.
The chancellor said there were “very considerable obstacles” to nationalising RBS. The bailed-out banks, including Lloyds Banking Group, then insisted they were on course for privatisation.Lloyds
published a new potential sale price for the taxpayer stake of 61p – considerably lower than the 73p average price that taxpayers paid for the stake – and sparked speculation a sale was nearer.
The RBS stake
could be sold off at 407p, lower than the 500p average price, on the same basis.Shares in RBS were on Wednesday trading at 309p and Lloyds at 51p. Andrew Tyrie, the Conservative MP who chairs the commission, said King was setting out the case for “radical action” to sort out the bailed-out banks.Labour created the current structure of UK
Financial Investments overseeing the £45bn pumped into RBS and £20bn into Lloyds Banking Group during the 2008 banking crisis and it has been retained
by the coalition. King referred to this “arm’s length” arrangement, saying: “I know it was put there for a good reason.
People didn’t want politicians running banks. But I think it would be a much better idea to accept that it should have been a temporary period of ownership only – to restructure the bank and put it back.
The longer this has gone on the more difficult that’s become”.”The economic reality is that we must accept the losses. We should accept the reality that the state-owned banks are worth less than we thought.”King
also told the commission that he was “surprised” at the access top bankers had to politicians.
“I was surprised at the degree of
access bank executives had to people at the very top,
it was certainly easier access …
than the regulators had,” King said.King
has become increasingly frustrated with banks and recently wrote to a small business owner Mike Benson, who had been refused for a loan by Bank of Scotland, part of Lloyds, to described banks as “maddening”.
The governor suggested that Benson – who is one of four employees at Airware International which sells compressors –
looks at newer entrants such as Sweden’s Handelsbanken.Royal Bank of ScotlandBankingLloyds Banking GroupMervyn KingBank of EnglandJill TreanorPhillip Inmanguardian.co.uk © 2013 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds And new moms should think