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When Irish people do what their government won’t 15 Aug 2013 | 07:07 pm

It has been clear for some time now that the ideal of equality before the law has been buried. The US.  Department of Justice made it clear a few months ago, after it had declined to press criminal c...

Illogical Economics – Guest post by Hawkeye 8 Aug 2013 | 02:43 pm

There are many paradoxes in economics. To an outsider it is full of contradictions and inconsistencies. Not least of which is its utter failure to predict the current financial crisis. If the great an...

The Too Big to Fail Insurers – the next bail outs, another nail in Democracy’s coffin. 26 Jul 2013 | 04:01 am

You can either believe that we’re all in this together and it’s all getting better. Or you can believe, as I do, that it is getting better for the few (5%) who own 50% of the worlds’ financial wealth ...

Israel bombs Syria from Turkish base – claim and counter-claim 16 Jul 2013 | 06:10 pm

According to a report by RT Israel used a Turkish base from which to launch a bombing raid on Syria. Since that first report claims, counter-claims and denials  have been launched on all sides. Richa...

NSA/GCHQ – The New Praetorians and the New Cold War 3 Jul 2013 | 04:27 pm

In a democracy rule is by consent. In a dictatorship it is by control. Which do we have in the West? It seems to me, it is no longer clear. We certainly still have the rituals of rule by consent. But...

Secrets and Lies 27 Jun 2013 | 04:52 pm

Every credit has its debit, every positive its negative. So for every secret there must be a lie, and every lie must be kept secret. This is the currency of power today. Fiat truth. We are not allow...

ETFs a warning. 21 Jun 2013 | 09:02 pm

Some time ago (May 2012) I wrote two articles about ETFs suggesting they were The Next Accident Waiting to Happen. In that first part I described how they work and who owns and runs them. My argument ...

The Head of the FED – who will it be? 20 Jun 2013 | 01:50 am

The head of the U.S. FED is one of the most powerful jobs in the world. The current head, Ben Bernanke,  is stepping down,  Who will be next? The financial world, led by America’s big banks will want ...

Myths of Creating Money 5 Jun 2013 | 08:39 pm

HEALTH WARNING – this is a discursive article – another ramble. Nothing I have written here is new. All I want to point out is that money and its creation, and finance in general, do not come ‘after’ ...

Modernising Money – A review 3 Jun 2013 | 04:23 pm

“Modernising Money” by Jackson and Dyson, who are founder members of Positive Money is an analysis and also a call to action. It is well written, very clear and largely free of useless jargon. In shor...

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