Author: Podcast News
With almost no media coverage, one might think the euro crisis has died down. Unfortunately, this is just the calm before the storm.Ireland, Spain, Italy, Greece and Hungary all have the capacity to light the fuse that would detonate the eurobomb at any time. Today “officials” from the “Troika” (IMF, European Central Bank, EU) are visiting Dublin to discuss a lending program for Ireland. As part of the visit, the delegation will review Ireland's fiscal position and see how the country has responded to the Troika's austerity demands. They will also outline the hurdles Ireland must overcome over the next…
As the euro continues to collapse, French President Sarkozy has indicated he does not want to wait for European countries to stop fighting before imposing a financial transaction tax. This week, the euro fell for a fifth straight week against the dollar, its longest decline in nearly two years. It also fell against the pound, Australian dollar and yen, to their lowest levels in 11 years. What happens next will depend on the European Central Bank's meeting on January 12. As a result, the first European “leader” to flinch was Nicolas Sarkozy. He expressed frustration that France was taking so…
Somehow, an acquaintance forwarded me an article that appeared in The Guardian back in 2002. It was just another example of WWF propaganda about the Earth's population, but what interested me most was the attempt to demonize the possibility of space colonization. The Guardian reports: A report released this week says that if natural resources continue to be exploited at the current rate, Earth's population will be forced to migrate to two separate planets within 50 years. A study to be published on Tuesday by the World Wildlife Fund (WWF) warns that humanity is plundering the planet at a rate…
John Yoo, a former legal adviser to the Dubya administration and author of the so-called torture memo that justified Cheney's torture campaign, wrote in an article for National Review that the U.S. It provided a reason why Britain is a British nation. Empire.Yu said President Obama has failed to “build a legal basis for attacking Iran” and is relying instead on the United Nations. This is a surprising statement, and very much in line with the type of neocon rhetoric seen just before the invasions of Iraq and Afghanistan. It is pointless, he argues, to expect aid from the United…
Positive Money bills itself as “a simple solution to the debt crisis.” At first glance, it may seem like they have a good point to make, but on closer inspection, there's nothing there.Positive Money says it wants three things to happen:1. Make banks ask our permission before gambling with our money.Positive Money suggests banks offer two main types of accounts: “bomb-proof” safe accounts, which cannot be lent to third parties and money can be withdrawn quickly, and “investment accounts”, where customers can choose to invest their money in exchange for interest payments. This “simple change” would give them “absolute protection”…
Alcohol use in the classroom, bullying, racism, health and safety breaches, pornographic videos, sexual and physical assault, abuse of trust and neglect have all surfaced in the past 18 months at Oxford and Cherwell Valley. These are just some of the accusations against the college.The prestigious university, located in the heart of Prime Minister David Cameron's Conservative Party, says it is the largest provider of further education and training in Oxfordshire. According to the college's principal and chief executive officer Sally Dicketts' webpage, “We pride ourselves on the fact that we offer something for everyone, and we all strive to…
According to Reports The International Monetary Fund last night issued an extraordinary warning that there may not be enough money to stave off a crisis engulfing the eurozone, raising fears Britain may be forced to raise billions more to bail out its debt-ridden economy. and A £2.6 trillion emergency plan is being drawn up to rescue the euro by allowing Greece to default on its massive debt. According to MEP Dan Hannan, such actions would be illegal under international treaties. Readers can check the exact text of the consolidated version of the Treaty on the Functioning of the European Union.…
The UK's first hydrogen refuelling station has opened in Swindon. The press release describes this as a “joint” effort between the British Oxygen Company, the Forward Swindon Economy Initiative and Honda, whose fuel cell powered family saloon, the FCX, is a fantastic car that has featured many times in the UK columns. Honda hopes the station will serve as an example of the kind of public-private partnership needed to roll out the infrastructure needed to support its hydrogen vehicles across the country. Honda, if you are looking to do this by relying on PPPs, I think you will be sadly…
The statements from global financial “leaders,” and echoed by mainstream press release mashup teams, were shocking: “There is already intense panic over the solvency of the European banking system.” Jeremy Warner of the Telegraph wrote:”It may seem incredible to most people that, more than four years after the banking crisis began, the banking system remains in need of huge amounts of public funding.” The European Central Bank's European Systemic Risk Board, which was established in December to manage the level of panic in the system, started to seriously stir up trouble a few days ago in a press release issued…
Dear Mr. Stewart. Political traitors like Heath and Asquith roam free until their deaths, and more recent traitors such as Hurd, Cameron, Blair and Brown still walk freely through the streets of England with impunity for their horrific crimes. I indulged in These people, and many others, have committed the most serious crime imaginable, high treason, and to this day they remain unpunished. Despite overwhelming evidence, police and other organizations try to ignore these crimes. British history is easy to read and English law, common law and the British constitution are clear. These criminals must be arrested, brought to justice,…