This blog will correct widespread misunderstandings about the ownership of money, especially at the heart of government. Thatcher stated that the state had no money, it was the people’s money. She was completely wrong. That is why her economic model is now collapsing. Money is a measure. It is issued by, belongs to and always […]
The Party Conference Season is drawing to a close amid an extraordinary time of anxiety and distrust. Politicians are regarded with suspicion because they talk up but deliver down. Many shortages exist and are increasing all across the economy, affecting everyday life for everybody and every sector. In this febrile atmosphere the Prime Minister rubbishes […]
The fuel and energy crises have brought to a head issues which have been simmering under the Boris government since its inception. They can be summed up by two questions. Does it know what it is doing? Can it be trusted? After a brief period when the combination of the Covid emergency financial support and […]
Not since the Winter of Discontent has there been so much disruption and disquiet, nor such a feeling of unease in society. From protesters closing motorways, to panic at the pumps, things appear to be going from bad to worse. Add the news of energy companies going under as the dysfunctional gas market implodes, threatening […]
In a wonderful farmhouse retreat in Cumbria, I have little inclination to keep up with the news. So today just some quick observations. The Kermit the Frog moment was a speechwriter’s blunder and a PR disaster. Boris’s message to the UN, whatever it was, on the critical issues of climate change and global warming, was […]
There all all sorts of snags, inequalities and lack of detail about the long awaited fix for social care and linked boost to NHS coffers, to cope with the aftermath of the pandemic. Having promised a plan Boris has come up with quite an eye catching one, which he promotes with enthusiasm. How much of […]
How is it possible, after all the investment in money and lives creating a modern democracy on broadly western Christian principles, supported by large and very well trained and equipped defence and police forces, for the entire structure of state to collapse in days, allowing control of the whole country to fall to the Taliban? […]
The failure to understand the illusory nature of the so called government and supporting institutions in Afghanistan is now snowballing into a crisis engulfing both the governments of the US and the UK. You cannot build a secure state with corrupt police, armed forces, government at the very top and down through public administration at […]