From Daniel Hannon, a guy who often gives great perspective on both the EU and the US from his perch in the UK.
Tag Archives: UK
Pay to play in UK Parliament? Scandal hits House of Lords
The Sunday Times caught 3 members of the upper house not acting very “lord like.” $18,000 a month was all it took to bring shame to the old boys club of old boys clubs.
Britain Plans I.P.O. for Postal Service
The good news is the Royal Post is being privatized. The bad news is Goldman Sachs and UBS are handling the IPO so there’s probably some sketchiness in the deal somewhere.
Still, I’ll bet the new mail company takes service up a few notches.
EU Hedge Fund Manager Bonus Caps May Actually Make Things Worse.
Anyone who has read us for very long knows that we give bankers a hard time, often. The financial industry, especially the big banks, is rife with crony capitalism. The big banks are arguably the biggest crony capitalists of them all, and the corruption which comes with a Wall Street/Washington DC axis must be dealt with. It is vital for the future of our economy. Ending the Fed would be a good start.
Margaret Thatcher dies, She was 87
All politicians have their failings, but the world could use a solid dose of the Maggie Thatcher on display in the attached video.
How the Beatles Dealt With a 98% Income Tax (That’s right 98%)
When I was a small child we lived in the United Kingdom for a couple of years just before the Thatcher revolution. In the years afterward, after we were back in the states and I was a bit older I can remember my parents talking about how colossally messed up Britain was economically. The 1970s weren’t great for America, but for our friends across the pond they were far worse.
Cyprus: “What can only be described as theft.” – Nigel Farage
European MP Nigel Farage explains that the EU does not respect democracy and does not respect the rule of law. He tells his fellow Brits living in southern Europe to move their money back to the UK while they still can.
A Free Press No Longer in the United Kingdom?
The 3 major British parties have come together to establish a “Royal Charter” for the regulation of the press.
The Guy Who Predicted the Eurozone Crisis 17 Years Ago
Bernard Connolly, former economist for the European Commission and author of the book, The Rotten Heart of Europe: The Dirty War for Europe’s Money, explains that the European Union was doomed from the start. In fact he said so over a decade and a half ago in the book, and was then fired in a very ugly and public way by the Commission for saying it. No one likes the wet blanket I suppose.
The Current Currency War (Infographic)
The major economic players of the world are in the midst of devaluing their currencies, or attempting to. The goal is to increase competitiveness of exports and boost domestic economic activity especially in manufacturing. One of the problems is that this sort of thing often results in price inflation, often damaging inflation and societal disruption. The last big currency war happened in the 1930s.
