Do you have any? Please allow me recognise so that I may subscribe.
Thanks.

In the meantime, the message does seem to be getting through to pockets of the mainstream media, at least if this morning’s Start the Week on austerity is anything to go by: http://www.bbc.co.uk/programmes/b0194dj7 . The contributions from Fintan O’Toole (on Ireland and democracy) and Anna Coote from the New Economics Foundation (on an alternative future) are particularly notable.

Also have to remember some of these ‘objective’ pundits wear more than one hat, which may give them a different perspective on what caused the crisis.

The evidence seems to show that it was not profligate government spending!

http://goo.gl/K6GBf

I’ll bet all his businesses are audited by KPMG and all will have different year ends.

Blair is fraudulently liquid and morally bankrupt.

Phil -when the investors are big enough they control the sale and dictate the yield to whatever level suits their strategic purpose.

Low yields keep their money safe asset cover-wise and under their control by keeping the hungry gambling on the higher paying yields.

Note it’s the Anglo/American clan and their associates who are benefiting.

http://www.telegraph.co.uk/finance/comment/liamhalligan/9000114/Printed-money-and-regulatory-diktat-are-keeping-UK-gilt-yields-low.html

http://www.telegraph.co.uk/news/politics/tony-blair/8999890/Tony-Blair-and-the-8million-tax-mystery.html

“It is axiomatic that the solution to any major social problem tends to create even larger problems – not always unintended! From the financial sector’s vantage point, the “solution” to the Eurozone crisis is to reverse the aims of the Progressive Era a century ago – what John Maynard Keynes gently termed “euthanasia of the rentier” in 1936. The idea was to subordinate the banking system to serve the economy rather than the other way around. Instead, finance has become the new mode of warfare – less ostensibly bloody, but with the same objectives as the Viking invasions over a thousand years ago, and Europe’s subsequent colonial conquests: appropriation of land and natural resources, infrastructure and whatever other assets can provide a revenue stream. It was to capitalize and estimate such values, for instance, that William the Conqueror compiled the Domesday Book after 1066, a model of ECB and IMF-style calculations today.

This appropriation of the economic surplus to pay bankers is turning the traditional values of most Europeans upside down. Imposition of economic austerity, dismantling social spending, sell-offs of public assets, de-unionization of labor, falling wage levels, scaled-back pension plans and health care in countries subject to democratic rules requires convincing voters that there is no alternative. It is claimed that without a profitable banking sector (no matter how predatory) the economy will break down as bank losses on bad loans and gambles pull down the payments system. No regulatory agencies can help, no better tax policy, nothing except to turn over control to lobbyists to save banks from losing the financial claims they have built up.

What banks want is for the economic surplus to be paid out as interest, not used for rising living standards, public social spending or even for new capital investment. Research and development takes too long. Finance lives in the short run. This short-termism is self-defeating, yet it is presented as science. The alternative, voters are told, is the road to serfdom: interfering with the “free market” by financial regulation and even progressive taxation.
…
The kind of warfare now engulfing Europe is thus more than just economic in scope. It threatens to become a historic dividing line between the past half-century’s epoch of hope and technological potential to a new era of polarization as a financial oligarchy replaces democratic governments and reduces populations to debt peonage.
…
At least in the most badly indebted countries, European voters are waking up to an oligarchic coup in which taxation and government budgetary planning and control is passing into the hands of executives nominated by the international bankers’ cartel. This result is the opposite of what the past few centuries of free market economics has been all about.”
Michael Hudson: http://goo.gl/IUFt2

haha! Sorry Stevie, I meant the collective ‘your’.