August 30, 2014

:

Thatcher’s Housing Legacy -

Monday, August 11, 2014

Austerity – It’s a lie & unnecessary! -

Tuesday, July 8, 2014

The EU and TTIP – A Treaty Made in Hell!! -

Friday, June 13, 2014

Vodafone’s Tax Credit of £17.4 billion -

Sunday, June 8, 2014

Is Capitalism Evil? -

Saturday, May 31, 2014

Mark Carney – A Canadian View -

Saturday, May 31, 2014

UKIP Plays the Race Card -

Wednesday, May 28, 2014

In Sickness-In Health-In Profit -

Tuesday, May 20, 2014

Austerity Blues -

Thursday, May 1, 2014

Sex, Drugs & the EU -

Friday, April 18, 2014

  • Thatcher’s Housing Legacy

    House prices are rising as demand outstrips supply flamed, in part, by the Government’s Help to Buy scheme. The natural corollary is that rents also keep rising and being a landlord becomes even more attractive to those with capital. Sixty per cent of Housing Benefit recipients are in work (90% of new applicants in London)1 as are all recipients of Tax Credits, and both these schemes look like a subsidy to employers paying low wages. However, most of these subsidies end up in the pockets of the landlords!! It is not the first time that wages have been subsidised –…

  • Keynes

    Austerity – It’s a lie & unnecessary!

    “If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” Joseph Goebbels, Hitler’s Reich Minister of Propaganda It’s a political – not an economic – decision…

  • Chomsky

    The EU and TTIP – A Treaty Made in Hell!!

    “Fascism should more appropriately be called Corporatism, because it is a merger of State and corporate power.” Benito Mussolini   The Common Market, formed in 1957, originally consisted of 6 member states –- Germany, France, Italy, Holland, Belgium and Luxembourg. The basis of the Common Market was the free movement of capital, goods and labour between the member states – the resulting free trade would increase the wealth of all its member states. However, economics is not an exact science – maybe not even a science at all – and theory doesn’t always translate into practice. The basis for increasing…

  • Vodafone’s Tax Credit of £17.4 billion

    Collecting tax is about political will. The current British Government underlined its distaste for collecting tax from big business in 2012 when it altered the way multinationals’ tax is calculated. This is what George Osborne, Chancellor of the Exchequer, called being more ‘competitive’ and was the catalyst for Pfizer’s recent attempt to take over AstraZeneca. Osborne’s changes to the tax laws lower companies’ potential tax liability in two ways: (1.) The UK corporation tax rate is now considerably lower than many countries, including the US. (Pfizer calculated that by taking over AstraZeneca and moving their head office to the UK,…

  • Is Capitalism Evil?

    The day after  Mark Carney, the  Governor of the Bank of England made a speech saying that capitalism should be  ethical. Mike Gold was asked by Julie Hartley-Brewer on LBC radio Is Capitalism Evil?

Thatcher’s Housing Legacy

Aug 11, 2014

House prices are rising as demand outstrips supply flamed, in part, by the Government’s Help to Buy scheme. The natural corollary is that rents also keep rising and being a landlord becomes even more attractive to those with capital. Sixty per cent of Housing Benefit recipients are in work (90% of new applicants in London)1 as are all recipients of Tax Credits, and both these schemes look like a subsidy to employers paying low wages. However, most of these subsidies end up in the pockets of the landlords!! It is not the first time that wages have been subsidised –…

Keynes

Austerity – It’s a lie & unnecessary!

Jul 8, 2014

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” Joseph Goebbels, Hitler’s Reich Minister of Propaganda It’s a political – not an economic – decision…

Chomsky

The EU and TTIP – A Treaty Made in Hell!!

Jun 13, 2014

“Fascism should more appropriately be called Corporatism, because it is a merger of State and corporate power.” Benito Mussolini   The Common Market, formed in 1957, originally consisted of 6 member states –- Germany, France, Italy, Holland, Belgium and Luxembourg. The basis of the Common Market was the free movement of capital, goods and labour between the member states – the resulting free trade would increase the wealth of all its member states. However, economics is not an exact science – maybe not even a science at all – and theory doesn’t always translate into practice. The basis for increasing…

Vodafone’s Tax Credit of £17.4 billion

Jun 8, 2014

Collecting tax is about political will. The current British Government underlined its distaste for collecting tax from big business in 2012 when it altered the way multinationals’ tax is calculated. This is what George Osborne, Chancellor of the Exchequer, called being more ‘competitive’ and was the catalyst for Pfizer’s recent attempt to take over AstraZeneca. Osborne’s changes to the tax laws lower companies’ potential tax liability in two ways: (1.) The UK corporation tax rate is now considerably lower than many countries, including the US. (Pfizer calculated that by taking over AstraZeneca and moving their head office to the UK,…

Thatcher’s Housing Legacy

House prices are rising as demand outstrips supply flamed, in part, by the Government’s Help to Buy scheme. The natural corollary is that rents also keep rising and being a landlord becomes even more attractive to those with capital. Sixty per cent of Housing Benefit recipients are in work (90% of new applicants in London)1 as are all recipients of Tax Credits, and both these schemes look like a subsidy to employers paying low wages. However, most of these subsidies end up in the pockets of the landlords!! It is not the first time that wages have been subsidised –…

Keynes

Austerity – It’s a lie & unnecessary!

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” Joseph Goebbels, Hitler’s Reich Minister of Propaganda It’s a political – not an economic – decision…

Chomsky

The EU and TTIP – A Treaty Made in Hell!!

“Fascism should more appropriately be called Corporatism, because it is a merger of State and corporate power.” Benito Mussolini   The Common Market, formed in 1957, originally consisted of 6 member states –- Germany, France, Italy, Holland, Belgium and Luxembourg. The basis of the Common Market was the free movement of capital, goods and labour between the member states – the resulting free trade would increase the wealth of all its member states. However, economics is not an exact science – maybe not even a science at all – and theory doesn’t always translate into practice. The basis for increasing…

Vodafone’s Tax Credit of £17.4 billion

Collecting tax is about political will. The current British Government underlined its distaste for collecting tax from big business in 2012 when it altered the way multinationals’ tax is calculated. This is what George Osborne, Chancellor of the Exchequer, called being more ‘competitive’ and was the catalyst for Pfizer’s recent attempt to take over AstraZeneca. Osborne’s changes to the tax laws lower companies’ potential tax liability in two ways: (1.) The UK corporation tax rate is now considerably lower than many countries, including the US. (Pfizer calculated that by taking over AstraZeneca and moving their head office to the UK,…