Carswell and Baker on bank reform
byYesterday, Douglas Carswell and I spoke in the Chamber during the backbench banking debate. From Douglas’ speech: Banking is undoubtedly corporatist. To put it…
November, 2010
Gold Bugs: Swivel-eyed, Mad-eyed, Lunatic Fringe?
byMany of the authors and Cobden Centre advisory board members (including some distinguished academics) would like to see money eventually re-rooted back into some…
Haircuts on the horizon
byAnd 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…
The terrain of the banking debate today
byVia 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,…
1989: Competing Currencies Proposed for Europe by the UK Treasury
byVia 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…
Max Keiser: The Collapse of the EU and the Rise of the Fourth Reich?
byWith 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…
EU rescue costs start to threaten Germany itself – Telegraph
byThe escalating debt crisis on the eurozone periphery is starting to contaminate the creditworthiness of Germany and the core states of monetary union. via…
Exorbitant Privilege & Unlearned Lessons
byPace those who have made such a big deal out of Chairman Bernanke’s November 19th speech, but it is hard to find anything therein…
Learning the Wrong Lessons from Ireland
byAs the bailout of Ireland begins in earnest, many in the media are asking “What went wrong?”, and coming to some dubious answers. The…
Time to sort out mechanisms to wind up banks
byEurope is trapped in a cycle where debt is being passed round and round in circles – the banks are bust so the Irish…