As the widening banking scandal in Barclays is breaking, it’s worth remembering that in 2007, Cameron endorsed LESS regulation of banks and specifically mortgage and pension provisions by financial institutions. A report produced by the Conservative Party in 2007 – endorsed by … Continue reading
By Payguy Osborne and Cameron are organising a slump to increase unemployment and supress wages – a price they consider worth paying – to increase profit margins for Tory donors and the interests of the super wealthy. We should certainly … Continue reading
The bears explain the bank bailouts in the US but the same principles apply in the UK. http://www.youtube.com/watch?v=yipV_pK6HXw&feature=relmfu Parasitological post-script: Over-parasitism of a host species results in the collapse of both the susceptible host and parasite populations. The technical term, … Continue reading
These accounts of our banking system were left on a Guardian comments thread in response to the revelations about Barclays, and other banks, ‘fixing’ the Libor interest rates for their own profit interests. They deserve wider coverage. To paraphrase … Continue reading
Australian researchers have found that climate-change sceptics were more likely to report pro-environmental intentions when told about the effects of such actions on sociabilty or development than those told about the health risks of climate inaction (Nature Climate Change, DOI:10.1038/nclimate1532). … Continue reading
UKuncut have produced an excellent new video asking the simple question about whether it makes sense to implement deep public sector cuts, at a time of large giveaways to some of the world’s largest corporations. The film centres on the … Continue reading
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Making sense of what is happening in the Euro crisis from simply listening to the BBC and the headline media reporting is scarcely possible. Contradictions are hardly called into question; statements are confidently asserted as definitive; dubious assumptions are left … Continue reading