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	Comments on: Guest Post by Hawkeye &#8211; Irresponsible borrowing and irresponsible lending	</title>
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	<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/</link>
	<description>Author of THE DEBT GENERATION</description>
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		<title>
		By: America Proxy		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-137979</link>

		<dc:creator><![CDATA[America Proxy]]></dc:creator>
		<pubDate>Thu, 18 Jul 2013 23:30:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-137979</guid>

					<description><![CDATA[Hello! I just wanted to ask if you ever have any issues 
with hackers? My last blog (wordpress) was hacked and I ended 
up losing several weeks of hard work due to no back up.
Do you have any solutions to protect against hackers?]]></description>
			<content:encoded><![CDATA[<p>Hello! I just wanted to ask if you ever have any issues<br />
with hackers? My last blog (wordpress) was hacked and I ended<br />
up losing several weeks of hard work due to no back up.<br />
Do you have any solutions to protect against hackers?</p>
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		<title>
		By: forensicstatistician		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4158</link>

		<dc:creator><![CDATA[forensicstatistician]]></dc:creator>
		<pubDate>Thu, 23 Jun 2011 15:59:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4158</guid>

					<description><![CDATA[Hi Jamie&lt;br /&gt;&lt;br /&gt;Thanks for the thirding!&lt;br /&gt;&lt;br /&gt;I must also confess to the book recommendation too! You did well to get through that. It&#039;s quite a chunky book, but wow what a voyage!! One of those rare &#034;this book will completely change the way your brain works&#034;.&lt;br /&gt;&lt;br /&gt;Time I read it again.&lt;br /&gt;&lt;br /&gt;- Hawkeye]]></description>
			<content:encoded><![CDATA[<p>Hi Jamie</p>
<p>Thanks for the thirding!</p>
<p>I must also confess to the book recommendation too! You did well to get through that. It&#39;s quite a chunky book, but wow what a voyage!! One of those rare &quot;this book will completely change the way your brain works&quot;.</p>
<p>Time I read it again.</p>
<p>&#8211; Hawkeye</p>
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		<title>
		By: JamieGriffiths		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4153</link>

		<dc:creator><![CDATA[JamieGriffiths]]></dc:creator>
		<pubDate>Thu, 23 Jun 2011 13:01:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4153</guid>

					<description><![CDATA[Thirded!&lt;br /&gt;&lt;br /&gt;Excellent work Hawkeye. I fear many more assests will be in the hands of the financial elite before there&#039;s enough opposition to start reversing the trend. We can but keep shouting, I suppose.&lt;br /&gt;&lt;br /&gt;I&#039;d also like to thank whoever it was that recommended The Collapse of Chaos by Ian Stewart and Jack Cohen - a wonderful book.]]></description>
			<content:encoded><![CDATA[<p>Thirded!</p>
<p>Excellent work Hawkeye. I fear many more assests will be in the hands of the financial elite before there&#39;s enough opposition to start reversing the trend. We can but keep shouting, I suppose.</p>
<p>I&#39;d also like to thank whoever it was that recommended The Collapse of Chaos by Ian Stewart and Jack Cohen &#8211; a wonderful book.</p>
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		<title>
		By: dave from france		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4135</link>

		<dc:creator><![CDATA[dave from france]]></dc:creator>
		<pubDate>Wed, 22 Jun 2011 09:37:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4135</guid>

					<description><![CDATA[Hawkeye -- seconded PrincessCC on the thanks. &lt;br /&gt;&lt;br /&gt;I&#039;ve sent the link to family and friends to introduce the concept of odious debt for those who weren&#039;t aware already.&lt;br /&gt;&lt;br /&gt;frog2]]></description>
			<content:encoded><![CDATA[<p>Hawkeye &#8212; seconded PrincessCC on the thanks. </p>
<p>I&#39;ve sent the link to family and friends to introduce the concept of odious debt for those who weren&#39;t aware already.</p>
<p>frog2</p>
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		<title>
		By: forensicstatistician		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4134</link>

		<dc:creator><![CDATA[forensicstatistician]]></dc:creator>
		<pubDate>Wed, 22 Jun 2011 08:18:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4134</guid>

					<description><![CDATA[princesschipchops&lt;br /&gt;&lt;br /&gt;Thanks for the feedback!&lt;br /&gt;&lt;br /&gt;It&#039;s an absolute traversty that not even one of these 6 legitimate points is ever raised by so-called experts in the media or on TV.&lt;br /&gt;&lt;br /&gt;Make sure that anyone and everyone you speak to understands that there are rational and legitimate counter arguments to the principle of Austerity.&lt;br /&gt;&lt;br /&gt;All the best,&lt;br /&gt;&lt;br /&gt;- Hawkeye (the forensic statistician)]]></description>
			<content:encoded><![CDATA[<p>princesschipchops</p>
<p>Thanks for the feedback!</p>
<p>It&#39;s an absolute traversty that not even one of these 6 legitimate points is ever raised by so-called experts in the media or on TV.</p>
<p>Make sure that anyone and everyone you speak to understands that there are rational and legitimate counter arguments to the principle of Austerity.</p>
<p>All the best,</p>
<p>&#8211; Hawkeye (the forensic statistician)</p>
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		<title>
		By: wirplit		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4133</link>

		<dc:creator><![CDATA[wirplit]]></dc:creator>
		<pubDate>Tue, 21 Jun 2011 21:59:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4133</guid>

					<description><![CDATA[For a fascinating German economic historians view of defaults and Germany&#039;s own background in this &lt;a href=&quot;http://www.spiegel.de/international/germany/0,1518,769703,00.html&quot; rel=&quot;nofollow&quot;&gt;here&lt;/a&gt;    A view that Merkel might do well to take account of before strong arming Greece.]]></description>
			<content:encoded><![CDATA[<p>For a fascinating German economic historians view of defaults and Germany&#39;s own background in this <a href="http://www.spiegel.de/international/germany/0,1518,769703,00.html" rel="nofollow">here</a>    A view that Merkel might do well to take account of before strong arming Greece.</p>
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		<title>
		By: princesschipchops		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4132</link>

		<dc:creator><![CDATA[princesschipchops]]></dc:creator>
		<pubDate>Tue, 21 Jun 2011 20:49:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4132</guid>

					<description><![CDATA[This is a great piece. I&#039;m quite late to it but just wanted to say thanks to hawkeye for this.]]></description>
			<content:encoded><![CDATA[<p>This is a great piece. I&#39;m quite late to it but just wanted to say thanks to hawkeye for this.</p>
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		<title>
		By: Neil		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4127</link>

		<dc:creator><![CDATA[Neil]]></dc:creator>
		<pubDate>Mon, 20 Jun 2011 19:25:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4127</guid>

					<description><![CDATA[&#034;it&#039;s not just the money lent to Greece that&#039;s at stake. It&#039;s the insurance that was taken out against those loans going bust. The dreaded credit default swap - or CDS - market, as it&#039;s known. And here the detail is much more murky because no-one really knows who&#039;s sitting on what CDS contracts or how big they are. But we do know Britain has played a central role in underwriting and parcelling up huge chunks of them.&#034; Siobhan Kennedy, Channel 4 News, http://www.channel4.com/news/greeces-debt-crisis-threatens-to-sink-the-euro .&lt;br /&gt;&lt;br /&gt;So once again the lending banks can&#039;t lose (assuming they took the precaution of insuring themselves in this way). But whoever bought the CDS contracts is in real trouble. It&#039;s pass the parcel with a bomb inside.]]></description>
			<content:encoded><![CDATA[<p>&quot;it&#39;s not just the money lent to Greece that&#39;s at stake. It&#39;s the insurance that was taken out against those loans going bust. The dreaded credit default swap &#8211; or CDS &#8211; market, as it&#39;s known. And here the detail is much more murky because no-one really knows who&#39;s sitting on what CDS contracts or how big they are. But we do know Britain has played a central role in underwriting and parcelling up huge chunks of them.&quot; Siobhan Kennedy, Channel 4 News, <a href="http://www.channel4.com/news/greeces-debt-crisis-threatens-to-sink-the-euro" rel="nofollow ugc">http://www.channel4.com/news/greeces-debt-crisis-threatens-to-sink-the-euro</a> .</p>
<p>So once again the lending banks can&#39;t lose (assuming they took the precaution of insuring themselves in this way). But whoever bought the CDS contracts is in real trouble. It&#39;s pass the parcel with a bomb inside.</p>
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		<title>
		By: mikehall		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4126</link>

		<dc:creator><![CDATA[mikehall]]></dc:creator>
		<pubDate>Mon, 20 Jun 2011 17:17:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4126</guid>

					<description><![CDATA[Well, I&#039;ve just been watching videos from the recent Dublin conference organised by smarttaxes.org&lt;br /&gt;&lt;br /&gt;They are about half way down the page entitled &#039;Videos of Lessons from The Crisis&#039;&lt;br /&gt;&lt;br /&gt;Most important are the presentations by Stepanie Kelton, Bill Black &#038; Randall Wray (all of the University of Missouri Kansas City - same as Michael Hudson) are an absolute MUST SEE. A superb critique of the Euro common currency as set up. An explanation of &#039;Modern Monetary Theory&#039; (MMT) &#038; how it&#039;s ideas contrast with the current neo-liberal mess - everyone should understand this. And more. It&#039;s completely obvious that if MMT&#039;s principles were adopted, we could have a way out of the banksters&#039; scam, the debt &#038; austerity nightmare. This is what the current &#039;authorities&#039; - be they mainstream economists, politicians or media - do not want people to know.&lt;br /&gt;&lt;br /&gt;@Stevifinn &lt;br /&gt;&lt;br /&gt;Thanks for your Greek link, I&#039;m going to post this over there too, they need this info!]]></description>
			<content:encoded><![CDATA[<p>Well, I&#39;ve just been watching videos from the recent Dublin conference organised by smarttaxes.org</p>
<p>They are about half way down the page entitled &#39;Videos of Lessons from The Crisis&#39;</p>
<p>Most important are the presentations by Stepanie Kelton, Bill Black &amp; Randall Wray (all of the University of Missouri Kansas City &#8211; same as Michael Hudson) are an absolute MUST SEE. A superb critique of the Euro common currency as set up. An explanation of &#39;Modern Monetary Theory&#39; (MMT) &amp; how it&#39;s ideas contrast with the current neo-liberal mess &#8211; everyone should understand this. And more. It&#39;s completely obvious that if MMT&#39;s principles were adopted, we could have a way out of the banksters&#39; scam, the debt &amp; austerity nightmare. This is what the current &#39;authorities&#39; &#8211; be they mainstream economists, politicians or media &#8211; do not want people to know.</p>
<p>@Stevifinn </p>
<p>Thanks for your Greek link, I&#39;m going to post this over there too, they need this info!</p>
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		<title>
		By: Rebecca		</title>
		<link>https://www.golemxiv.co.uk/2011/06/guest-post-by-hawkeye-irresponsible-borrowing-and-irresponsible-lending/#comment-4125</link>

		<dc:creator><![CDATA[Rebecca]]></dc:creator>
		<pubDate>Mon, 20 Jun 2011 15:20:31 +0000</pubDate>
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					<description><![CDATA[@ guido,&lt;br /&gt;&lt;br /&gt;I hope that didn&#039;t sound like I was calling you way out - specifically it seems that on the one hand you have Ron Paul(about as far to the right as you can go) and the other Zeitgeist (lets all live in a John Lennon inspired utopia) as the most well known proponents of the anti-DBFM theory, and between them they&#039;re enough to put pretty much everyone.]]></description>
			<content:encoded><![CDATA[<p>@ guido,</p>
<p>I hope that didn&#39;t sound like I was calling you way out &#8211; specifically it seems that on the one hand you have Ron Paul(about as far to the right as you can go) and the other Zeitgeist (lets all live in a John Lennon inspired utopia) as the most well known proponents of the anti-DBFM theory, and between them they&#39;re enough to put pretty much everyone.</p>
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