Carswell and Baker on bank reform
Yesterday, Douglas Carswell and I spoke in the Chamber during the backbench banking debate. From Douglas’ speech: Banking is undoubtedly corporatist. To put it…
Read MoreNovember, 2010
Gold Bugs: Swivel-eyed, Mad-eyed, Lunatic Fringe?
Many of the authors and Cobden Centre advisory board members (including some distinguished academics) would like to see money eventually re-rooted back into some…
Read MoreHaircuts on the horizon
And so the pain goes on. European bank shares fell sharply last week as news of an €80bn-€90bn (£68bn-£76bn) bail-out for Ireland sparked fears…
Read MoreThe terrain of the banking debate today
Via Parliament’s Order of Business for Monday 29 November 2010, we see the terrain of the the banking debate today. Michael Meacher’s motion comes first,…
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1989: Competing Currencies Proposed for Europe by the UK Treasury
Via Note from Her Majesty’s Treasury on EMU (Novembre 1989): The European Council agreed at its meeting in Madrid in June to launch the first…
Read MoreMax Keiser: The Collapse of the EU and the Rise of the Fourth Reich?
With Ireland and Greece et al, falling under the demeaning tutelage of the world government’s IMF and World Bank, the appropriately-named Max Keiser has…
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EU rescue costs start to threaten Germany itself – Telegraph
The escalating debt crisis on the eurozone periphery is starting to contaminate the creditworthiness of Germany and the core states of monetary union. via…
Read MoreExorbitant Privilege & Unlearned Lessons
Pace those who have made such a big deal out of Chairman Bernanke’s November 19th speech, but it is hard to find anything therein…
Read MoreLearning the Wrong Lessons from Ireland
As the bailout of Ireland begins in earnest, many in the media are asking “What went wrong?”, and coming to some dubious answers. The…
Read MoreTime to sort out mechanisms to wind up banks
Europe is trapped in a cycle where debt is being passed round and round in circles – the banks are bust so the Irish…
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