Today, I consider the Greek situation, the decision by the UK Chancellor to further deregulate the financial services sector and then to calm everyone down or not, some music. The Financial Times published an article (December 12, 2024) – The astonishing success of Eurozone bailouts – which basically redefines the meaning of English words like…
Britain
At the moment, the UK Chancellor is getting headlines with her tough talk on government spending and her promise to keep an “iron grip on the public finances”, which she defined as “taking an iron fist against waste”. Okay. This tough guy talk (guy being generic) seems to be the flavour of the month with…
Sebastian Gorka’s involvement with British intelligence cost him a security clearance in Hungary. His longtime mentor is a UK spook currently engaged in covert operations against Russia. Is the Ukraine hawk and Trump counter-terror appointee operating on London time? After years in the wilderness of right-wing radio, where he flamboyantly proclaimed his loyalty to president-elect Donald Trump for years, Sebastian Gorka has finally found his way back into Trump’s inner circle, earning an appointment as incoming White House counter-terror advisor. […]
The post Sebastian Gorka: British intelligence asset? first appeared on The Grayzone.
The post Sebastian Gorka: British intelligence asset? appeared first on The Grayzone.
The riots that gripped the UK this August were heavily inspired by anti-Muslim agitator Tommy Robinson. His rise to prominence is largely the product of the North American Zionist lobby, representing a clear break with traditional far-right British activism. A wave of anti-Muslim and anti-migrant riots which consumed British society in racist violence this August were fomented almost entirely by a self-proclaimed “counter-Jihad” activist who goes by the moniker Tommy Robinson. This October 26, Robinson will return to the public […]
The post How the Israel lobby fueled the rise of Britain’s top anti-Muslim chaos agent first appeared on The Grayzone.
The post How the Israel lobby fueled the rise of Britain’s top anti-Muslim chaos agent appeared first on The Grayzone.
Some Wednesday snippets. First, I juxtapose the political machinations that the EU President is engaged in to consolidate and expand her power within the European Commission with the reality that Member State governments are becoming dysfunction because social instability and political extremism are rife. Then I reflect on my experience as Chancellor of Britain –…
Regular readers will know I have been a long-time critic of the fiscal rules that successive British governments have invoked as part of a pretence that they were being somehow responsible fiscal managers. The problem was that in trying to keep within these artificial thresholds, governments would do the exact opposite to what a responsible…
Sometimes one journalistic piece captures the problem facing those who are trying to change the economics narrative and promote an alternative framing that is ground in the reality of the system rather than one that serves to reinforce the dominant ideology of the elites. The opinion article by Larry Elliot in yesterday’s UK Guardian (October…
There is renewed debate in Britain at present on the use and design of the new government’s fiscal rules, which many people are now saying will force expenditure cuts which will “damage the ‘foundations of the economy”, according to the Financial Times article (September 16, 2024) – UK spending cuts would damage ‘foundations of the…
On Tuesday (September 10, 2024), the UK House of Lords Economic Affairs Committee released their first report for the Session 2024-25 (HL Paper 5) – National debt: it’s time for tough decisions – which was the result of their decision to hold an inquiry – How sustainable is our national debt? – into whether “UK’s…
It seems that since they were elected British Labour, principally the Leader and Chancellor, have thought it necessary to put out ever increasing messages of doom and the need for tough fiscal action – aka austerity – despite them claiming when they were wooing the electorate that they would not pursue that ‘Tory’ option. Of…