Posted by admin on January 25th, 2012
The bad news that’s good news hits the headlines every day. Commissioning editors send their camera teams to the four corners of the world to film the most grief-stricken events for that night’s TV news programmes. Mass murders, volcanic eruptions, drought-created distress – you name it, they love it. And then there’s the bad news that they keep out of the headlines, off our TV screens…
Posted by admin on December 29th, 2011
The media panned the people who set up camps in the centre of cities under the Occupy Wall Street banner. But the people who chose to protest by sleeping on concrete pavements have done more to deepen the debate about the global economic crisis than the feather-bedded academics who are paid to think about these things. That’s a fair conclusion to draw from the statement by the Financial Times, which admits that the OWS activists “have altered the terms of the political debate”.
Posted by admin on November 10th, 2011
If a bookmaker decided he wanted to buy a savings bank and use the deposits of customers to gamble on horse racing or the performance of Indian cricketers at Lord’s, what would government do? It would outlaw such a “commercial” venture. But governments in Europe and the US allowed this to happen with the Big Bang “liberalisation” of the financial system in the 1980s. Those governments lost their gamble. That’s why most of them are bankrupt today.
Posted by admin on October 25th, 2011
The leader of Britain’s political opposition, Ed Miliband, now talks of the conflict between “predators” and “producers”. At a press conference he was repeatedly challenged to elaborate on the meaning of those words. He failed to give definitions: an example of why government policy-making is in chaos – not just in the UK, but in every country in the world today.
Posted by admin on October 19th, 2011
It’s taken central bankers four years, but they have finally conceded that the western economy is locked into a depression, not a recession. What they have yet to admit is that their policies will protract the crisis. The rest of us need to prepare for a drawn-out trauma with no end in sight.
Posted by admin on September 12th, 2011
In our name, politicians lie. When questioned about dissention within the ranks of government, they unite to deny differences over policies. Then, after being thrown out by the electorate, they admit in their memoirs that the journalistic inquisitors were correct. They had to lie, they claim, for the sake of good governance. If we tolerate this behaviour, then it’s true – we get the politicians we deserve.
Posted by admin on July 29th, 2011
The best of the world’s brains can be found in Washington DC. But given the lack of wisdom which the leaders and law-makers display, it’s clear they don’t use them. The financial model which they oversee is bankrupt, yet the only principle which unites them is the need for more of the same.
Posted by admin on July 6th, 2011
According to their ancient oath, doctors are supposed to save people’s lives. Without understanding how, many of Britain’s doctors are actually participating in the cannibalisation of their communities. Indirectly, this leads to many premature deaths. It’s all done in the name of making money out of property.
Posted by admin on June 20th, 2011
What happens to the increased value that accumulates when you and I improve our performance at work? It gets soaked up in the price we pay for using land. The elites who control society don’t want us to understand this process. Why? Because that would lead to the politically awkward question: How come we are not all sharing in the benefits that accrue when we increase productivity?
Posted by admin on May 19th, 2011
Nick Glegg is an honest man. We can accept that he believes what he says. But that does not mean he knows what he’s talking about. His strictures on the British economy are pure gobbledy-gook. But he might as well be lying, because the outcome is the same: people are deceived and the nation suffers.