Archive for July, 2009

Capitalism Works. It’s Government That’s Buggered!

If I ask you what is different today than a year ago one of your first answers would undoubtedly be the economy. A year ago, while I was watching stock prices give hints that there was some sort of trouble ahead and telling me to back my investments out into more conservative safe havens, most [...]

Naughtiness or Incompetence?

There is a very unpleasant ripple which is in danger of growing and engulfing the banking-world. One has already seen the first stirrings of Madame Défarge-like blood-lust being directed at the “evil” bankers. It may be a surprise to many but the “post-meltdown” banking boards still bear a uncanny resemblance to the pre-meltdown ones. Little [...]