Jos Straub Fis VT Gewurztraminer

Another day, another blog about wine. The picture shows the empty bottle from a recent evening’s wine-drinking with my fiancée. This time, we’d shared a small (50cl) bottle of one of Alsace’s more unusual wines, a gewurtztraminer vendanges tardives. This is a dessert-style wine, rather sweeter than a standard gewurtztraminer.

Vendanges tardives (late harvest) wines are a relatively (in the grand scheme of things) recent introduction to the Alsace, with the first wine with this description being bottled in 1976 after that long hot summer. The increased sugar levels which are part of the requirement for these wines give them their more syrupy character. Traditionally in the Alsace they would be drunk alongside foie gras or a tarte tatin.

The vintage in question is a 2005, which was one of the best Alsace vintages in recent years, with low yields, but sound grapes with ripe acidities.

This bottle was picked up during a trip to the Alsace in June/July 2010. This grower, Jos Straub et fils, is one of my personal favourites. He is tucked away in Blienschwiller on the Alsace wine-route, and doesn’t have anything in the way of a website. I’ve been visiting him every couple of years since about 2002. His small-scale business and the fact he doesn’t have an enormous sales operation mean that you get very personal service (a working knowledge of French/German really helps), and decent wines and very reasonable prices.

Gewurtztraminer wines are a particular speciality in Alsace, although they are also available in many other countries, particularly Germany. In German speaking countries, there is an umlaut on the “u”, although this is dropped on French bottles. The name means “spiced” traminer, and these wines are highly aromatic. Interestingly, the grape has a pink skin, but is a white-wine grape. The aromatic flavour of regular Gewurztraminer (as opposed to Vendanges tardives) means that they are one of the very few white wines suitable to accompany eastern cuisines.

Wine and Cheese

Time to actually blog again, and hopefully in a more interesting way! The other day I, my fiancée, and four very good friends decided to have a wine and cheese evening. It had been brewing for some time, as we had somewhat evolved into a dining (and singing) club over the previous few months. For a bit of variety we decided to replace dinner with canapés, and focus more on the wines.

I therefore, armed with a reasonable budget, went to the excellent and highly recommended Oxford Wine Company. We had decided to use this opportunity to learn a bit more about French red wine, and to also see if we could actually tell the difference between reasonably cheap wine (£20 per bottle), and more expensive wine (£45 per bottle). In the end, we purchase 3.5 bottles of wine, as follows:

1. Saint-Aubin 1er Cru ‘Le Charmois’, Château de Chassagne Montrachet (2006)

This wine is a Burgundy (a Pinot Noir from the Burgundy region), and was the lightest in colour and depth of the three red wines purchased. We all agreed that this wine was an excellent way to start the evening.

2. Château Jean Voisin, St. Émilion Grand Cru (2002)

This wine was a real treat. The tannins were first very noticeable, but after about 20 minutes of sitting in the glass and warming slightly, they dropped off revealing an exquisitely smooth wine, which went excellently with our varieties of cheese (see picture) and the end of the canapés. The primary grape here is merlot, with some cabernet sauvignon in the blend, typical of “Right Bank” Bordeaux appellations.

3. Château Dufort Vivens, 2ème Grand Cru Classé, Margaux

This wine was the most expensive of the three, and the oldest, being a 1995 vintage. This is a left-bank wine being a mixture of the same two grape varieties as the St émilion above, but this time with a higher proportion of cabernet sauvignon. This wine was really very very good, with a huge complexity of flavours throughout. The problem we found was that this actually made it harder to drink than the less complex St émilion. This is a wine I’d definitely want to try again, but this time with some tasting guidance and the ability to take some tasting notes. Wines of this style typically age very well (some only reach their best after several decades) and this was evident here.

4. 37.5cl Château Coutet, 1er Cru Classé, Barsac (1998)

A dessert wine to finish with, and only a mouthful each. This was a typical dessert wine with a thick syrupy colour and taste, but surprisingly refreshing. For a dessert wine, this is actually quite an early drinker (only 13 years old) and proved this by being very drinkable on the day!

The Cheeses

Just for the record, the cheeses consumed were a mature cheddar, some gruyère, manchego and some particularly excellent stilton.

I’d drink all the wines again, but the one I’ve bought another bottle of so far was wine no. 2, which will be excellent on its own, or with some Easter lamb!

Leaving aside the pre-election promises about not raising tuition fees (I can see the need for changes with the country’s finances in their current state), there are several issues at stake here.

The first is the ruling out of a graduate tax by members of both parties in the Coalition. Yet, when one run’s the figures of this new idea, one can see that in essence, for all but the richest or most highly paid graduates, that is what this proposal amounts to.

Even using the £6,000 value, and adding on £4,000 to cover living costs (a reasonably conservative estimate), the average graduate on a four year course (of which there are many), will have accrued £40,000 in debts.

At a “market interest rate” limited to RPI (notice that even though RPI has been replaced by CPI for most measures, it has been retained here since it is generally higher) + 3%, (say 5% once bank rates return to a more reasonable amount), then this amounts to £2,000 of interest in the first year. The government says it is being more generous by only taking payments once earnings reach over £21k, but this means that even someone earning £41,000 (the upper limit for the interest rate cap), will only be paying back £1,800. This will not even cover the interest, let alone repay the capital, and what graduate earns more than this in their first few years in work? Those earning a more average £25,000 will not even be making a small dent in their loan balance.

Once earning over £41k, the interest rate sets to the RPI + 3% measure, whatever the base-rate, ie about 6-8% based on recent trends. So even on a salary of £60,000 (an annual repayment of £3,510), will only just be paying back more than the interest. Repaying the capital within the 30 year cut-off period will thus be impossible for just about any students.

In fact, using a 6% interest rate, then for each of the thirty years, the graduate would need to earn over £53,000 in order to just repay the capital after the thirty years. Including wage inflation (eg at 2.5%), then a starting salary of £40,500 would be sufficient.

So, therefore, the likelihood is that virtually all graduates will end up paying this 9% of their earnings over £21,000 for the full maximum 30 year period. Which, to me, sounds more like a graduate tax than a repayment of a loan. This is made even more clear, by the implication that there will be sizeable penlties for those who wish to pay off the loans early, which also seems very unfair.

There is another reason why actually a real graduate tax is preferable to this system, especially since this system is a graduate tax in all but name; Being saddled with £40-50k of debt will make it all but impossible for any graduates to ever get a mortgage on a house. Having to pay more tax, however, would not cause this problem.

Finally, the apparent motive for this is to reduce government spending, but this method will not mean that the government actually saves any money – after all, they will still have to pay the money upfront to fund the courses. This scheme only saves the government more money in the long run. Not in the here and now when it is actually needed.

So, students are again bearing the brunt of the excesses of the previous generation, and will do so for a full thirty years in the form of increased effective tax rates, and inability to get a mortgage, while the government doesn’t actually save any upfront spending. Perhaps it’s time that students and parents wrote to their MPs, to Ministers and to the media to express their disatisfaction.

If you receive one of these calls do not in any circumstances follow their instructions. Check that your antivirus is up to date (try AVG free from www.download.com for an excellent personal free antivirus suite).

Yes, this is a terrible environmental disaster, and will have awful repercussions for those living all around the Gulf Coast, and on the wildlife, and on the families of those killed. I think we are all agreed there.

Yes, BP have to take on the responsibility for these events as the controlling party in the drilling operation, but let us not forget that the rig itself was owned by Transocean (a US company), and that the part that failed was the direct responsibility of Halliburton (a company with close links to Dick Cheney), and these companies are rarely mentioned.

Yes, it is right to compensate those who have been affected by the spill, but the US administration blaming BP for the results of decisions that the adminstration has made since the spill is unfair, and I doubt that it is legally justifiable.

Since BP must bear the responsibility, it is right that their shareholders take their stake of the pain, and they (and I’m one of them) have done so in that the market value of the company has dropped by about 45%. I think, though, that it is time to face some of the facts:

1. BP made profits of USD8bn in the first quarter of this year.
2. Oil prices have remained above $70 per barrel all year (except for momentary fleeting glimpses of the upper 60s), and therefore BP can continue to expect to be profit generating.
3. Even if the clean-up effort (<2bn so far) goes on all year, BP have the cash reserves and income to pay for this, including compensation payments to all interested parties.
4. The dividend amounts to approx $1.5bn per quarter, and if BP has the cash to pay it, then no government should be able to prevent it – shareholders have taken a huge amount of pain, why punish them needlessly to make a point?

I think, though, that my main issue with the Obama administration is that they don’t really seem to be doing anything to try to prevent the flow of oil (and of course they can’t). All they want to do is to punish BP, and make BP throw money at the US administration (to pay for their unemployment etc), rather than concentrating on using their expertise to stop the flow of oil and to ensure that as little damage as possible is done. BP’s punishment will be that they lose a year’s worth of funding for capital investments and growth (in terms of the cash not being available for investment), and the huge loss of reputation world-wide. Obama can’t use BP’s issues to either distract from or pay for the USA’s other problems.

Positives

• Return to form with the bat of Kevin Pietersen and Ian Bell – although they will need to do so against sterner opposition to really prove themselves. Pietersen at 3 and Bell at 5/6 (depending on how many bowlers) is an exciting prospect.
• Graeme Swann – 100 test wickets beckon already in such a short career; hopefully a test century will come soon too.

Negatives

• England gave away at least one day in each test match, meaning they were pushed harder than many thought possible – for a long time now, the English cricket team has had trouble knocking over the tail of the opposition, perhaps they just relax too much, or try too hard to get the last batsmen out?
• Cook’s captaincy, whilst effecting results, was hardly inspirational, but we did at least win.

Another positive is the commitment and skill exhibited by this maturing Bangladesh side; hopefully they will be able to compete on the tougher wickets here in England this summer – I look forward to being entertained at Lords in May.

The fuel tax delay is welcome, although fuel prices are now back to the level they were at nearly two years ago when oil was $147 per barrel, compared with around $80 new. Even factoring in the steep depreciation of sterling, this equates to £75 then, versus approximately £55 now, so we’re still being hit hard. And it’s not just the private motorist, all goods and food need delivering somewhere, and all prices will begin to rise because of this tax.

The only good news (if it can be called that) was the drop in the deficit from that forecast, but it is still staggering, and a more concrete plan for its reduction is needed very soon. Hopefully the General election will not result in a hung parliament, and the new (probably) Conservative government can get a plan into action to restore faith in the markets and in sterling (preferably in time for my holiday!).

Graeme Swann, following his meteoric rise to No. 2 in the ICC rankings (perhaps a bit premature, but he has had a huge impact in Test cricket over the last 15 months), was England’s main wicket taker, and he has an outside chance at his third consecutive five wicket haul.

Bangladesh showed promising signs of increased confidence and consistency with a number of batsmen making starts, and some grittiness shown in the lower order. England will have to bat very well to build a sizeable lead on this pitch, and hopefully an interesting contest will ensue.

In a related note, my tickets to the return fixture at Lords in May arrived today, so now all I need to do is work out what wine to bring, and pray for decent weather!

Graeme Swann became the first England off-spinner to take ten wickets in a match since Jim Laker took 19 over 50 years ago, although I still think England would have been better off picking two spinners for this match; poor Swanny had to toil through nearly 80 overs throughout the game, that’s nearly two days of solid bowling. Back in England in the summer though, where turning pitches are less common, he has to be the first choice spinner, and probably first name on the team-sheet. It’s been an amazing start to a test career.

The next match that begins on Saturday will hopefully be a good contest. It would be good to see Bangladesh bat first and to set England a challenging target. England still look as though they have the potential for a top-order collapse with inexperienced batsmen towards the top of the order, and a middle-order slowly working its way into some form.

Meanwhile in the IPL, still no sign of the “mongoose” from Matthew Hayden, but some excellent big-hitting from Dhoni today livened up proceedings somewhat!

This does not sum up the reality of a series in which England’s bowling armoury looks rather fragile in terms of injuries, in which their top batsmen is woefully out of form, and in which Bangladesh should look to make big steps forward in terms of consistency.

Pietersen will not necessarily be relishing this series where the opposition have so many spin-bowling resources, including up to three of his current nemesis, the left arm spinner.

Bangladesh, who in recent months have shown that they can play well enough to compete with any team on their day, now need to put these good sessions and days into consistent performances over a test match, without being fazed by the reputation of the opposition.

The first day today went very much England’s way, and Captain Cook should look to making his maiden double hundred during the first session tomorrow. Pietersen seems to have overcome some of his demons with a flowing 99, but he will be disappointed not to have reached the landmark. England are well set for a total in excess of 550, and only an England win should be possible from here.

One surprise was the inclusion of only one spinner in the England lineup, with Tredwell missing out in place of the young fast bowler, Finn. If the pitch turns as much as many in the subcontinent, Pietersen may find himself doing a fair bit of bowling.

IPL

The IPL starts today, and now that this is a fixture in the cricketing world, much interest from all around the world will be focussed on it. It will be interesting to see how exciting the competition is this year, and how much it matters to the teams. The competition does give an excellent opportunity for the old guard of cricket to extend their careers, and for younger players to emerge into the spotlight, but can it ever match the excitement of a test match. As recent nailbiting results in South Africa have shown, the five-day form of the game is still the pinnacle in terms of skill and entertainment (at least so long as you have some patience!).