The problem with discussing anything about cuts to police budgets, or about cuts to public services in general and what effect those cuts will or will not have, is that the discussion, even the figures upon which a discussion is based, become immediately party political. Which essentially means one lot of liars roundly denouncing another lot. …
In case anyone is interested, here is the list of other Liar’s Lexicon posts. Each takes one of the phrases or concepts which we’ve all heard and often been needlessly confused by. It has been my contention that none of these concepts is difficult. They are bandied about partly, I think, to encourage us to …
I thought it was time to draft another entry in the Liars Lexicon. This time let’s look at Mark to Market/Model. A dual item which divides opinion and upon which a very great deal hangs. Mark to Market versus Mark to Model; Or as I would put it, telling the truth versus lying through your …
Thought I’d let you know we got another rather nice review of the book. This one from Caroline Lucas of the Green Party. “A passionate call for a world organised around social justice” “David’s book, The Debt Generation, follows the unfolding of the financial crisis and captures those catastrophic events in a lively and immediate …
The Headquarters of the ruling Egyptian National Democratic Party is on fire. There is no more powerful icon of popular disgust with Mubarak’s rule than this. So far there has been no word from Mubarak. He has been deafening in his silence and invisibility. Is he still there? Will those countries in the West who …
To coincide with the UK release of Charles Ferguson’s film “Inside Job”, I will be doing question and answer sessions with the audience at various cinemas following showings of the film. “Inside Job” has been nominated for best documentary Oscar and is most people’s hot tip to win. Watch the trailer for the film. Read …
I have had several exchanges recently with people, who on various financial topics, have told me that something did not happen and indeed could not happen even though we could both see that it had, and then quoted text book theory to prove it hadn’t. I tried to ignore the irritation but to no avail. …
Just in case some of you might be interested in the other side of my life, my last film is finally going out. It is called “The Secret Life of Waves.” You can read about it here It was a very difficult project and time as the film itself explains. Many thanks to my friend …
Things are looking up in the world economy. That’s what we’re told. In Davos they certainly are. According to the Bloomberg article entitled, “Wall Street Partying in Davos as Bankers Overcome Crisis“, JP Morgan made its highest ever profits last year Citi has returned to profit. The year of ‘mea culpa’ is apparently over as …
We are NOT all in this together. Pat and Ron Eastman, who live near San Jose, California, bought a 2007 Maserati Quattroporte sedan in February for $108,000, replacing a Mercedes S-Class “This car is basically for play,” said Pat Eastman, a 56- year-old money manager. “It handles beautifully.” Her husband, Ron, a 58-year-old venture capitalist, …
