Lest we forget – in 2007 Cameron endorsed even less regulation of banks than Labour ……

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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

Is ‘Austerity’ intended to increase unemployment and suppress wages?

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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 Bank Bailouts

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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

Barclays and banker greed.

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  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

The High Price of Materialism

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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

The Missing billions / UKuncut new video

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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

‘Brinkmanship’ and the Euro Crisis.

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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