The Vikings revenge. Iceland is taking the money back from the clutches of the private fractional reserve lending cartel. It’s happened before in history, and with great success, but it has also prompted a violent backlash from the elites… Back in 1914, the Bradbury Pound was introduced by the UK government as an ’emergency measure’ to bolster a failing economy. […]
21st Century Wire says…
Roll up, roll up, to Poundland UK.
London-based poet Duncan MacDowall shares a rather timely and alarmingly accurate poem about the return of Dickensian London in the 21st century.
Watch:
I stress, I am suggesting nothing illegal happened. But to say that Ian Cameron did not gain from tax avoidance when running such a structure is absurd and Robert Peston has a duty to do better than that if he is to be taken seriously.
The post Fisking Robert Peston on tax avoidance appeared first on BSNEWS.
The International Monetary Fund has been at odds with other partners in the Greek bailout saga. Its economists have wondered whether strangling a state with the noose of austerity is a decent way of either eliminating debt, let alone stimulating growth. Not that the body has gone entirely anti-austerity.
Did the corporate media vilify David Cameron for some serious high-ranking connections to this mother of all leaks? No, it did not. Did the same media publish any damning report that featured Cameron airbrushed alongside global ‘baddies,’ like former Iranian leader Ahmadinejad? No. But it seems as far as Putin and Russia is concerned, anything the media dishes out is regarded by the elites as fair game.
The post The Panama Papers appeared first on BSNEWS.
The Australian Broadcasting Corporation shamed the BBC by putting out a Four Corners documentary on the Panama leak that had real balls. In stark contrast to the BBC, the Australians named and shamed Australia’s biggest company and Australia’s biggest foreign investor. BBC Panorama by contrast found a guy who sold one house in Islington. The Australians also, unlike the BBC […]
The post A Chink of Aussie Light appeared first on BSNEWS.
The failure of UK Prime Minister David Cameron to fulfill his pledge to curtail widescale tax avoidance has been thrust into the spotlight by the trove of leaked legal documents known as the Panama Papers, which includes revelations concerning his father’s offshore financial dealings. The documents show how Ian Cameron employed dozens of people in the Bahamas to sign off […]
118 years after U.S. troops landed at Guánica, Puerto Rico, the liberal political site the New Republic asks, “Why Are We Colonizing Puerto Rico?” The occasion for this comically tardy acknowledgment of Puerto Rico’s colonial status is a Republican proposal to deal with the island’s $72 billion debt problem by allowing a cabal of unelected technocrats to carry out austerity measures against the will of the Puerto Rican people.
Did you know that 85 percent of Americans say that it’s harder to maintain a middle class standard of living today than it was 10 years ago? (Pew Research Center) Or that “77 percent of all Americans live paycheck to paycheck at least some of the time”, or that “one of every four workers in the US brings home wages that are at or below the federal poverty level”, or that “47 million Americans are on food stamps, or that “40.4% of the U.S. workforce is now made up of contingent workers,” mainly temps, contract workers and part-time labor?
The real crisis is not the influx of refugees to Europe, per se, but a toxic combination of destabilising foreign policy agendas, economic austerity and the rise of right-wing nationalism, which is likely to push the world further into social and political chaos in the months ahead.
