The capitalism protest in London situated itself outside a cathedral, not just any cathedral but the most famous one that attracts thousands of tourists every day. Many of them pay St Pauls money which was reported as being twenty thousand pounds per day. Why do they penalise the Church? Because it exemplifies the role of …
Month: October 2011
Union of Europe
The forbidden measure that the European Union can take to immediately solve its problems are to unite as the Union of Europe. By simply combining into one huge fiscal mass of commonly budgeted economies it can trump the "we will help, but we are not involved" UK Government. The Tory Revolt against the EU and …
Economics and Politics
So many convoluted answers and the likelihood is that those we elect into power will have none of it. The real answer is simple enough. The tax payer bailed out the banks, and now there is not enough cash in the system to stimulate demand. When we have demand we buy the stuff that is …
Pension funds lose value
The value of pension funds is bleeding away in the UK and across America protesters decry Wall Street's corrupt practices and greed. We were told (by politicians, most likely) that freedom in the markets would free things up and maybe it did. What we were not told and did not realise until it was far …
The Costs of the Banking Bailout
Senator Bernie Sanders blog reveals that secret loans to financial instituions by the US government amount to 16 trillion dollars? Is this real?