David Prior's very personal reason for thinkg th...
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The banks can simultaneously recapitalise themselves and maintain lending to the real economy provided they stop paying boom-era bonuses to their staff and boom-era dividends to their shareholders.
According to the Bank of England, larger UK banks expanded much more rapidly than smaller institutions in the run-up to the crisis and have received disproportionate taxpayer support during this crisis.
Surely if curbing bankers’ pay is the morally right thing to do, one should just do it, regardless of the behaviour of others. What would Jesus have made of Stephen Green’s equivocation?
Unemployment is down. Good news, of course. But there’s always a cloud attached to a silver lining. An astonishing1.5 million of us are actually officially in jobs we don’t want, temping while we look for something better; a version, I would say, of hidden unemployment. Chances are they are also in work way below their qualifications, let [...]
What are the most influential games of all time? The games which have shaped the industry and the titles which continue to influence games developers and provide inspiration? Well I would tell you but as I’ve posted such a blog over at my other space heretherebegamers.co.uk why not check that out? Huge titles missing include [...]
Under Godwin’s Law,* the North Iowa Tea Party has lost the argument:
*Godwin’s Law: “The first person to make a Nazi analogy is out.”
Via The Staggers.
It’s ominous that Stephen Hester, the head of the British bank which took the most from the taxpayer in the crash feels emboldened enough to start arguing with the Government and the regulator.
Phillip, you have gone,
31 nations reflect on what went wrong;
Del Bosque led Spain out of the woods,
Winning in the most deserving of neighbourhoods;
Teams fell away until there was one,
And now Phillip, even you have gone.
Phillip, you have gone,
Like a Brit must exit Wimbledon;
We dined out with Mrs Ball’s, boerewors and pup,
The spirit of Ubuntu ensured [...]
The release of General Giora Eiland’s report into the actions of the IDF when stopping the flotilla bound for Gaza confirms what we all know: the quality of mercy is not strained when the IDF judge their own.
To the General’s “relief, the investigation found no negligence or failures on any significant matters”. There were, you [...]
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