Thursday, November 20, 2014

Debating Sound Money

steve

Hayek MoneyIn the commons chamber right now Steve Baker MP is proposing the denationalisation of money. Together with colleagues spanning four parties – Michael Meacher (Lab), Caroline Lucas (Green), Douglas Carswell (UKIP) and David Davis (Con) – he has secured a debate on Money Creation and Society. It is a complicated and important subject.

The Cobden Centre, which campaigns for sound money, explains: we have a system of paper or “fiat” money: it exists due to legal mandate as opposed to being a physical commodity like gold. Reserves, notes and coins are created by the state but claims on money are created by the banks when they lend. Most of the money we have was created by banks lending.

This video from Dominic Frisby is a good primer on the issue:

As things are now, recurrent financial crises are systemically built into the global monetary order… 

See also: The Death and Rebirth of Sound Money

Wednesday, November 19, 2014

Tories Attack UKIP Plans “To Privatise the NHS”

Quote of the Day

Tuesday, November 18, 2014

Survation/Daily Record: 2% of Scots Trust Ed Miliband

2%scotas

The Labour supporting Daily Record has published this poll showing 2% of Scots trust Ed Miliband completely. The paper says he is “sending party towards General Election catastrophe”.

Far more Scots believe in the Loch Ness monster than Ed Miliband…

Monday, November 17, 2014

+ + + SUSPECT PACKAGE FOUND IN PORTCULLIS HOUSE + + +

Building is being evacuated…

UPDATE: False alarm:

Labour Metropolitan Elite’s Money Bags

grayson-bag

How is Labour fighting UKIP charges that it is out of touch and London-centric, essentially a party for the metropolitan elite? By flogging transvestite avant garde artist Grayson Perry’s bags for a minimum donation of £19. Guido suspects, in the words of Herbert Morrison, “The Durham miners won’t wear it.”

Sunday, November 16, 2014

Quote of the Day

Friday, November 14, 2014

Arnie Graf: The Accidental Tourist

From the above it looks like the community organising guru has sneaked back into the office of his employers.

Yesterday when Guido caught up with Arnie Graf he claimed us he was just in London visiting on a tourist visa en route to Israel. Guido was sceptical that he was an innocent tourist given Arnie was briefing journalistsHe also said he wasn’t working for the Labour Party any more…

In case you missed it, here is the video of Guido’s encounter with Graf:

The Home Office have been informed…

Thursday, November 13, 2014

Arnie Graf Caught in Westminster, Denies Working Illegally

Guido has been tracking Arnie Graf, the community campaigning guru personally hired by Ed Miliband, since it emerged that he had no legal right to be working in the country. Readers will remember that Labour claimed he was only being paid expenses – though that would be very unlikely to have impressed the Home Office. We had him under surveillance in June when he was seen coming out of Labour HQ. His illegal immigrant status even made the frontpage of The Sun

Arnie denies he is over here working for Ed – he says he is on a tourist visit – stopping over en route to Israel. Just another lost elderly American tourst who doesn’t know there is a direct Chicago – Tel Aviv flight…

Oddly for a humble tourist he was briefing Newsnight’s Allegra Stratton over coffee when Guido caught up with him in the Blue Boar Bar in Westminster. Prior to Allegra he had, Guido understands, spoken to The Telegraph’s Dan Hodges. Some tourist.

So if as Arnie claims, Labour have fired him, why exactly was he briefing British political journalists?

Women of Twitter React to Newmark “Rape” Comments

Brooks Newmark has compared being exposed as a sex text pest to being “mentally raped”. Yet another stunning example of the Women2Win founder’s record on women’s issues:

He always had a way with words…


Seen Elsewhere

How UKIP Won Rochetser | Seb Payne
Labour’s Islington Problem | Harry Phibbs
Ed Lost More Than a By-Election | Labour Uncut
Labour the Biggest Losers in Rochester | Speccie
Thornberry a Gift to Farage | Nick Wood
Is Left Finally Turning Against EU? | Dan Hannan
Labour Votes Going Green | Guardian
UKIP Winning Class War | Tim Stanley
UKIP is a Good Thing | Peter Bone
Coalition of Losers | Fraser Nelson
UKIP Could Cost Labour 10 MPs | Sun


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John Mann tells the Today programme:

“It was horrendous, it insults people like me, it insults the people I know ,my friends and family, Labour voters across the country. White vans, England flags, are Labour values, and pretty routine Labour values for most of us. It’s embarrassing for him and for the Labour party. It shows that somebody was rather out of touch with most parts of the country, and with Labour voters and Labour values across the country.”



Left on Left says:

The lefties are attacking because the panellist is a millionaire and lives in a London home worth upwards of two million. Someone had best tell them he’s called Ed Miliband.


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