Ronald Rankin writes with the following critical review of George Osborne's budget. Note that these are Ron's views, and don't necessarily …
Archives for March 2011
The Contradiction at the Heart of the Financial Services Authority (FSA)
Imagine you are the parent of a young child. Because you are a little cruel, you decided to name your child ‘the financial sector’ (or TFS …
Banking & Public Purpose
"Who cares what banks fail in Yonkers Long as you've got a kiss that conquers?" - George & Ira Gershwin, Who Cares? From ‘Of Thee I …
Budget Response: Nothing to See Here, Move On!
Today’s budget does not include any major changes to the banking system in the UK. Although the Bank Levy has been increased by 0.003% (from …
Positive Money Marching for the Real Alternative on Saturday – Banking Reform!
This Saturday we'll be turning out for the massive anti-cuts demonstrations planned by the TUC. London is likely to be a very busy place on …
"Time to Halt this 'Insane' System" – Sheffield Telegraph
Sheffield Telegraph recently published the following letter from Peter Verity (see the full scan of the letter here): "Many explanations …
Lib-Dem Conference: Banking Reforms Not Enough
Peter Verity reports from the Lib Dem Spring conference in Sheffield: The Liberal-Democrat conference has said that government banking …
'Inside Job' – Film Review
I watched Charles Ferguson’s excellent documentary “Inside Job” for the second time yesterday. It’s a masterful polemic exploring the series …
Private profit from a public utility: the ambivalent position of the banks
This weekend Mervyn King has warned of further crisis in the banking system, and the City has responded predictably to his …