Monthly Archives: August 2014

Time for New Zealand to leave the UN

The United Nations like the League of Nations that preceded it is nothing but a sham, a pretence for civilised debate while the economic and military behemoths of the world serve their own interests, regardless of what is expressed in its chambers and with impunity thanks to the ludicrous Security Council veto. Little old New Zealand, who so […]

Your money starts life as debt – Its official!

If there was any remaining doubt the Bank of England has confirmed what heterodox economists have been saying for decades. The economic text books are wrong. Banks do not accept deposits from savers and intermediate them into loans to borrowers. Nor do they rely on the multiplier effect or are limited by reserves. The loans in fact […]

Where are you on Gaza Helen Clark?

Having a browse of Helen Clark’s tweets of late you could be forgiven for thinking she has no strong personal position on Gaza. A number of retweets, mostly from the BBC, that bastion of British conservatism, reporting casualties in Gaza does not a protest make. Sure she is not the Secretary General but she is in […]