Comments on: World Wide Credulity Crunch.

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By: johnm33

johnm33 — Sun, 02 Oct 2011 08:56:28 +0000

Whilst the current assault on the truth is focussed on politics and economics the problem is wider and goes back further than one would care to imagine. The aquiescence of the political classses [and the supposed ‘experts’] to the increasing quantities of gmo in our diet may be the greatest crime they can commit.
http://www.i-sis.org.uk/GM_Feed_toxic_new_metaanalysis_confirms.php
The loss of our history diminishes us all, and this history is largely forbidden.
http://www.english.ox.ac.uk/holinshed/texts.php?text1=1587_0138

By: Mike Hall

Mike Hall — Thu, 29 Sep 2011 13:29:05 +0000

In reply to keekster.

It’s worth noting that a co-author of the Positive Money ICB submission is New Economics Foundation – very highly respected & in tune with the economics of sustainability advocated by Richard Douthwaite’s ‘Feasta’ & spin off Smart Taxes Network’ (who also view MMT very favourably!).

That organisations supportive of Postive Money also favour MMT (& functional finance) is no surprise tho’. There is only one minor difference between the two. MMT proponents see no problem with ‘fractional’ banking (probably has something to do with their assertion that only ‘capital’ constrains ‘lending’, not reseves, in actual operations*) but do advocate complete separation of ‘high street’ & ‘investment’ banking.

*see Bill Mitchell’s blog for details

By: Neil

Neil — Thu, 29 Sep 2011 11:09:53 +0000

In reply to keekster.

Thought this belonged here: Global Finance’s annual list of the world’s 50 “safest” banks:

http://www.gfmag.com/tools/best-banks/11341-worlds-50-safest-banks-2011.html#axzz1XNQq8eIb

Only 3 British banks feature: HSBC, Nationwide Building Society and Barclays.