Tim Worstall This is absurd! So the bankers whose excesses helped land Europe in this mess then get to sit round the big EU table, like any other government, and decide who should pay for it. And the answer, unsurprisingly, is: not them. The bigger question is: why finance has been granted such power? This  [ Read More ]

Douglas Carswell For almost two years this blog has called for a policy of default and decouple in response to the crisis in the Eurozone. How ministers and experts scoffed at the suggestion. How Treasury officials rolled their eyes.  Instead, they pursued a policy of bailout-and-borrow.  First under Labour, and then under the Coalition, billions  [ Read More ]

Samuel Walker It’s a familiar story; the 99% are drowning in debt, they have no jobs, they’re on the brink of financial collapse and their only hope is to balance their books by taxing, stealing or begging the money off the banks. The 1% has listened attentively to what the 99% have to say, and  [ Read More ]

Douglas Carswell You’d have thought by now they might get it. After two years of bailout-and-borrow in the Eurozone, you’d have thought they might see it had not worked. How has throwing all those extra zillions at the crisis made the underlying debt problem any better? Three more Eurozone banks have been given public money  [ Read More ]

Douglas Carswell For many years it has been pretty obvious to most folk that the European Union is a disaster. Anyone trying to run a small business or a farm or able to read a newspaper will have had some sense of how the EU project has hampered our economy and weakened our democracy. You  [ Read More ]