The Magic Money Tree used for the advantage of banks – again

These are key quotes from the British Business Bank, the bank designed to keep business running till the Coronavirus crisis passes: Coronavirus Business Interruption Loan Scheme gives the lender a government-backed guarantee for the loan repayments to encourage more lending. The borrower remains fully liable for the debt. The Big Four banks have agreed that… Read more

Bankers still rool…

I don’t agree with the idea that we have to borrow money in order to have any, but the calculation in the image below demonstrates that, even within the orthodox borrow to spend framework the calculations are favourable, if we presume that everyday people are as worthy as banks themselves for government help for short… Read more

Covid-19 … continued

First – let me be clear: I’m no expert. But simple logic suggests that the current government’s idea of engendering herd immunity is both logical and cruel – people will die now, who might otherwise die later – even much, much later. But if we keep well apart until further notice which is broadly the… Read more

Message for Lisa

“The lesson from the last election… is that people are smarter than we think.” according to Lisa Nandy. I cannot unfortunately embed the actual snippet from the Newsnight programme – but Lisa Nandy says that Labour made promises in their latest manifesto, that they simply couldn’t keep – which is, I’m afraid.. completely untrue… Still,… Read more

The mentally disordered are actually our government – not their servants

Having just finished ‘The Secret Barrister’, Stories of the Law and How it is Broken’ there is similarly interesting, and frightening, paper on the Mental Health of the Police entitled, on matching lines to the Secret Barrister, ‘Where’s the humanity?’ I quote some considerable and cogent prose below: So why is mental health within police… Read more