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November 19, 2013

David Cameron has attacked those in the countryside, who oppose the Government’s new planning laws, by suggesting that such opposition is killing off young people’s chances of owning a home as well as sidelining the country’s best interests. 

Reform is certainly a buzz word within Government at the moment, without any real explanation as to what we are re-forming to. Similarly, in Cameron's address to the media, there was no full explanation as to whether the new homes were specifically aimed at supplying much needed housing to those who claim residency here, or for the numbers expected to emigrate from Europe.

October 29, 2013

We are apparently one day away from a decision by the Privy Council on a Royal Charter to 'moderate the press'. 

The decision made by the Privy Council was done behind closed doors, away from both the media and the general public.

The Privy Council itself is a secretive organ of government where MPs are selected to attend, a few at a time. Only the Chairman has continuity. Democratic, transparent and accountable? Few would think so, and at this late stage some of the mainstream press are just starting to feel concerned.

July 23, 2013

It has been claimed, following ‘startling new figures’, that crime rates have plummeted in the western world. Robberies, car thefts and murders are all falling substantially, and, according to the data, in some cases crime has practically vanished.

Police surveys and victim surveys all purport that crime against the person and against property has fallen, even though the same newspaper reported only 7 days ago that half of crimes are not being investigated because police focus on cases that are a priority to them and not their victims.

June 17, 2013

Prime Minister David Cameron, Tory MP Brooks Newmark and US sources claim that chemical weapons have been used in Syria. This 'fact' is then used to ramp up the call for military action to ensure that Assad is overthrown. But are the chemical weapons fact and where is the evidence? 

Brooks Newmark is a former banker and financial man - apparently Shearson Lehman Brothers, Newmark Brothers Ltd, Stellican Ltd and Apollo Management LP. Now a Conservative member of parliament, Newmark wrote a full page article for the Sunday Mail 9 June 2013 calling for the rebels in Syria to be armed and Assad removed. The headline led...

June 13, 2013

The policy of "bail in", where failing banks steal the savings of its depositors as happend in Cyprus, is beginning to be formalised, starting with Japan.

I have been reporting for some time now that a number of central banks have already published policy documents detailing how bail-ins would work. The Bank of Canada, Bank of New Zealand, and the FDIC and Bank of England jointly, have all published something on the issue.

At its heart is the idea that savers are, in fact, "unsecured creditors" of the banks, and therefore come second only to shareholders should their assets need to be confiscated in order to keep a failed bank going for a little while longer.

June 11, 2013

Tim Yeo has had to step aside from his chairmanship of the Energy and Climate Change Committee having been caught up in the Lobbygate scandal.

Lobbygate, the latest scam to be pulled on MPs in order to bring about constitutional change in Britain, now involves several MPs and Peers who have attempted to take payments from journalists posing as lobbyists in a so-called sting operation. 

June 10, 2013

When Michael Meacher spoke to us outside the Bilderberg Conference last Thursday, he said he would be asking an urgent question in the House on the issue of the Bilderberg Conference. Today, the Speaker granted that request.

The Speaker called Ken Clarke to the Commons to answer Michael Meacher's question, with Ed Balls representing the "Opposition", both of whom were attendees at last week's Bilderberg Conference.

Michael Meacher was granted the right to ask a question regarding the effect decisions made at Bilderberg would have on government policy. Unsurprisingly Clarke arrogantly dismissed Meacher's question, suggesting that if he 'finds something deeply disturbing abut this, might I suggest he finds a different group of people to exchange tweets with'.

June 4, 2013

Following a recent approach by Justin Walker regarding the reinstatement of the Bradbury Pound, the Treasury Select Committee have issued the following response.

I appreciate you taking the time to raise your ideas for reintroducing the Bradbury Pound. However the committee has a full programme at present. We are currently conducting inquiries into Quantitative Easing and Macroprudential Tools, among other matters. As such, the Treasury Committee has no plans to look into this subject in the forseeable future. 

May 29, 2013

The UK Charity Commission has released charity income and expenditure figures up to the end of Q1 2013. The figures show that income rose to £59.9 billion in the year to the end of March, up from £59.48 billion three months previously.

Britain's charity sector has ballooned since 1999, when the annual income was a mere £23 billion. Taking inflation into account, that is a 43% increase in the size of the sector in less than 15 years. Which other area of the UK economy has seen such growth?

May 28, 2013

Speaking at the Hay Festival, the former head of MI5 reinforced recent "Clash of Civilisations" rhetoric, stating "the enemy is everywhere".

If it were true, it would be a stunning admission. Bearing in mind that the role of MI5 is to protect the British people from domestic threats, Rimington's comments suggest that MI5 has utterly failed to do its job.

Coverage in the corporate media is predictably unquestioning, as they promote the notion that she is "invoking the wartime spirit".

May 28, 2013

William Hague has acknowledged that many EU member states had "found it difficult" to lift the arms embargo on the terrorists operating in Syria.

However, his proud announcement that he had succeeded in persuading other EU member states into agreeing to lift the arms embargo preventing Britain from arming the al-Qaida linked terrorists in Syria, was disingenuous at best.

Hague claimed:

EU nations agreed to bring the arms embargo on the Syrian opposition to an end. This was the outcome that the United Kingdom wanted. It was a difficult decision for some countries but it was necessary and right to reinforce international efforts to reach a diplomatic solution to the conflict in Syria.

May 24, 2013

Today the mainstream media highlighted a study that called for urgent action by ministers in regards to children having access to pornography online. 

However, that study did not call for stronger security measures, or practical solutions to prevent children from viewing pornography, instead the study, according to the Daily Mail, called for ministers, schools and parents to 'Develop children's resilience to pornography'.

What exactly does this mean? That Children should learn to recover quickly from viewing pornography?

May 24, 2013

The EU gravy train steam rolled back into the mainstream press today with the Daily mail highlighting the gigantic difference between the incomes of MEP's and the rest of society. 

That gulf is set to get ever wider as real incomes fall ever lower. Workers will see a wage increase of 0.8%, whilst the cost of living grows 2.4% (with food soaring up by 5%), as reported by the Daily Mail.

The 0.8% increase is a misnomer. There is no increase. When the cost of living rises above an increase in wages, what we are actually seeing is a reduction of spending power.

May 22, 2013

Yesterday evening, Jon Snow tweeted "Stock Market hits a high not seen since 1999 ... do I hear alarm bells ringing ... or just the one for close of business." 

If alarm bells are not ringing, they should be.

A couple of weeks ago, Business Insider made the point quite clearly in their chart of the day: investors are now leveraging their stock market bets like its 2007.

Speculators mad leveraging of their bets

In other words, they are betting with money they don't have, and it is this debt bubble which is driving the stock market.

May 21, 2013

The newspapers are determined to enrage their readers with the shocking news of corporate tax avoidance. But what is behind the headlines?

The news headlines continue to be filled with rhetoric designed to enrage. Google, Amazon, Apple and Starbucks are all in the crosshairs for "evading" tax. They're "evil". It's "outrageous". We should experience "anger", "rage", "fury".

May 21, 2013

Last week the Bank for International Settlements and the IMF both warned about the insanity of continuing the practice of Quantitative Easing.

Speaking at a meeting of the Official Monetary and Financial Institutions Forum in London last week, Jaime Caruana, general manager of the Bank for Internation Settlements warned that "if a medicine does not work as expected, it's not necessarily because the dosage was too low. Maybe instead the course of treatment, and the role of the medicine within it, should be reconsidered," he said. "Most likely something else is needed."

May 21, 2013

Foreign Secretary William Hague said yesterday that Britain will veto the renewal of the EU arms embargo on Syria when foreign ministers meet next week, if member states block moves to permit weapons to be transferred to the terrorist opposition.

Hague has the support of the French in his demands, which is unsurprising since we are tied at the hip as a result of our 50 year defence treaty. "I can say ... that we are prepared to do that [exercise Britain's veto], if necessary, but of course we are looking for agreement with other EU states."

Of course, Mr Hague, but in any case you will press ahead.

March 29, 2012

While Moritz Kraemer, head of sovereign ratings at Standard & Poor believes Greece will have to restructure its debt once more, the ECB calls for more regime change.

Speaking at an event last night at the London School of Economics, Kraemer said he believed that this time round, Greece would have to involve bailout partners such as the International Monetary Fund. Commenting on the likelyhood of a further restructuring, he siad:

I’m not predicting today when ... At that time maybe the official creditors need to come into the boat.

Perhaps he was alluding to the Titanic.

March 28, 2012

David Cameron's mission to privatise all that we once owned continues with Bernard Gray's hushed plan to privatise the MoD.

There will not be many of us unable to see that the handing over our national defence to corparations with foreign interests is national suicide. 

That is unless you are Bernard Gray, the Chief of Defence Materiel at the Defence Equipment and Support branch of the Ministry.

Whilst acting as an advisor to the Ministry of Defence in 2009, Gray compiled a review of  defence acquisition, in which he strongly recommended the privatisation of the Defence Equipment and Support Branch, by creating what is termed a Go-Co partnership.

February 17, 2012

Robert received nine months for the alleged breach of the peace, and three months for breaking bail conditions.

Elish Angiolini & Edward Bowen
Elish Angiolini & Edward Bowen

The UK Column is appalled by the decision of Sheriff Principle Edward Bowen to jail Robert Green today in what can only be described as a huge miscarriage of justice.

February 15, 2012

The UK Supreme Court has upheld the refusal by the BBC to release information under the Freedom of Information Act, on the basis that it is exempt when that information is held for the purposes of "journalism, art or literature", even when the information is also used for other purposes.

The case was brought by a UK based solicitor, Steven Sugar, who had wanted the BBC to release the Balen Report, an internal report into the BBC's coverage of the Middle East. Mr Sugar had claimed that the BBC was biased against Israel.

February 15, 2012

The Israeli Ambassador in Bangkok admitted yesterday that the bombs discovered in Bangkok were similar to those used in the recent attacks in India and Georgia.

The targets of the Bangkok bombs is not clear, but Israel is taking as much political mileage from it as they can. "We can assume from the other experiences that we were the target," said Itzhak Shoham, Israel's ambassador to Thailand.

Speaking about the bombs, Shoham said, "they are similar to the ones used in Delhi and in Tbilisi. From that we can assume that there is the same network of terror."

February 13, 2012

The targetting of Israeli diplomats In Georgia and India comes hot on the heals of the exposure of Mossad involvement in the assassination of Iranian nuclear scientists.

The bombing by an attacker apparenly on a motorcycle, of an Israeli diplomat's car in New Delhi, injured four people.

The New Delhi attack took place just a few hundred meters from the prime minister's residence as the Israeli diplomat's wife was being driven to the American Embassy School to pick up her children, said Delhi Police Commissioner B.K. Gupta. As the car approached a crossing, she noticed a motorcyclist ride up and stick something on it that appeared to be a magnetic device, he said.

A simultaneous attack in Georgia seems to have been foiled.

February 13, 2012

The Economist's blogger Bagehot writes that his:

print column this week looks at the British debate about high pay, and suggests that the row is about more than bonuses and banks. Somewhere in amongst the public rage, I think the British are losing faith in the idea that they live in a meritocracy.

Bagehot expresses views which are typical of the oligarchical mind, which whines when the unwashed masses demand limits are placed on bankers salaries.