Author: Podcast News
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offer two main types of accounts: “bomb-proof” safe accounts, which cannot be lent to third parties and money can be withdrawn quickly, and “investment accounts”, where customers can choose to invest their money in exchange for interest payments.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,…
Amazingly, the BBC's propaganda arm Report accurately Shropshire is spending even more money, over £1 million now, on its own ugly, meaningless works of art – in this case a 40ft-high stone arch called Quantum Leap, which supposedly celebrates the birth of Charles Darwin. Shropshire is one of the local authorities that is severely underfunded for vital public services, yet can spare £1 million for meaningless art. But there is more to this phenomenon than meets the eye, as ugly, meaningless art has been popping up in towns, cities and sometimes the countryside all over the UK. Examples include the…
The people as a group are the ultimate supreme being. Once achieved, the constitution cannot be changed without the express will of the people. Because doing so would be a breach of contract and would rescind the privileges of those who violated it.Britain has a constitutionBritain has a constitution of considerable standing, the foundations of which were established some 800 years ago with the signing of Magna Carta in 1215, and reaffirmed 322 years ago with the Declaration of Rights and Bill of Rights in 1688.Parliament is not party to the Magna Carta or the Declaration of Rights, so it…
In January 2007, Bear Stearns was valued at $20 billion. By Friday, March 14, 2008, it was worth $3.5 billion. Three days later, on Monday, March 17, the company was acquired by JP Morgan for $236 million. At the time, the massive collapse was believed to be “just” the result of the mortgage crisis, but earlier this year allegations emerged that former Bear executives now working for Goldman Sachs, Bank of America and Ally Financial had misled investors through mortgage-backed securities they created and sold while at Bear. Emails and internal documents show that JPMorgan knew about the fraud since…
The emergence of a new financial order On the morning of Friday 22 July 2011, after a long and intense political kabuki with much fanfare and applause, the EU circus was celebrating another victory in an even longer list of sublime Pyrrhic victories: the pathetic and entirely temporary “salvation” of the Eurozone financial system from total collapse. But despite the all too typical short-sighted self-deception, the specter of death and chaos hovers, threatening the proceedings and their political aftermath with the sombre visage of a disaster long gone, and largely forgotten in Europe among its semi-illiterate descendants due to decades…