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 Good Cut instead!!!
With thanks to Inquiring Minds.
Posted in Borrowing, Campaigning, Central Banks, Credit Crisis, Credit Crunch, Debt, Economic measures, Government budgets, Money supply, National debt, Spending cuts
Tagged Bailout money, Barclays, credit crunch, debts, spending cuts, Tax avoidance and tax evasion, Twitter, UK Uncut, Uncut
When the Washington Post publishes The economic crisis was an ‘inside job’, it must be true.
Rejoice in the points that the author makes about the movie Inside Job written and directed by Charles Ferguson.
Slideshare is the place for publishing your PowerPoint slides, if you feel like it. They staged a competition into explaining the credit crunch in 30 slides which I discovered only after the deadline.
However, I tried to say it in these twelve slides.
This blog addresses the core issues of what’s labelled as the credit crisis. It distinguishes between
- economic language – knowing that economics has been created as a soft social science to camouflage what central banks and banks are doing – for private benefit rather than the public good
- monetary language – knowing that the currency of a nation is being manipulated for the purpose of reaching the aim of world government via a single global currency (please google yourself instead of us providing the link) and a single central bank (the World Bank)
- financial language – the statistics that accountants produce and numbers that people use to compare and measure developments over time.
Our online petition Stop the Cash Crumble to Equalize the Credit Crunch addresses the issue by asking the Treasury Select Committee to make an inquiry into the money supply.
This means establishing the share of the Cash that the Treasury generates and the Credit that banks create, especially with a view to long term effects regarding climate change.
Posted in Early Day Motions, Lending programs, Mission, Public Credit Petition, United Kingdom
Tagged Cash + Credit = Money Supply, cash crumble, corporate debt, credit crunch, economic, financial, household debt, monetary, National Debt