UK Uncut: the cuts are necessary? The cuts are fair? We are all in this together???

The UK Uncut initiative is a wonderful expression of the Signs of Our Times: it began with a Twitter hashtag #ukuncut what manifested as a sit-in of 70 people in a Vodafone store in London and spread across the country in no uncertain way. Spread the word, join in actions, or at least smile! One [...]

Quantitative easing for investors abroad

This article in the Independent is entitled “Bailout money is flowing abroad”. It illustrates how journalists don’t analyse deeply enough and how language has always been used by the bankers and central bankers to make it sound acceptable what they are doing. For the money that the Bank of England has been “printing” by “quantitative [...]

Debt Slavery is the Real Reason behind the Bail-Out

Just in case you might think I’m wrong with my analysis, here is an American voice that explains it in market terms. And The Independent formulates the Big UK question: Could the government bailout of the banks bankrupt the country? In both countries it is clear that and how governments have given up their loyalty [...]

Who can dip into the National Debt pot?

According to this article Bailouts expected to add £1.5 trillion to national debt as tax take tumbles in Times Online on February 20, 2009, “official accountancy rules”, few of the nationalised banks’ assets can be counted in the Government’s books. The big number game continues to be played, to camouflage what is really going on.

George Soros on Bailing out Banks

This article in the FT on Jan 22 points out the cornerstones that define the essence of corporate power: equity and money as control. The question is who is in control: of issuing money, toxic assets, good and bad banks. The former US Treasury secretary Hank Paulson’s proposal was supposedly similar to the current one, [...]