Last week’s Supplementary Estimates contained another note of interest for student loans. Under “Note K: Contingent Liabilities” (p. 90) we find that a fifth contingent liability has been added to those associated with the now abandoned sale of student loans. The sale of student loans necessitated warranties and indemnities to secure interest and obtain valuefor […]
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It’s budget day here in the UK, and traditionally that means commentators write what they would do instead. Here’s the MMT view
The UK government published its “supplementary estimates” for 2020/21 yesterday. These allocate additional budgetary resources to departments. Education has been given an extra £13.531 billion to cover the estimated losses on student loans issued in the year (April 2020-March 2021) and the likely downwards revisions to the value of already existing loans. The department had […]
I’m the guy who controls all the electricity and the demand is really high right now.
There is no justification for paying public funds on government securities. Welfare payments should be democratically targetted, not market purchasable.
I’ve written a 900-word primer on supportive housing and Housing First. Here’s the link to the English-language version: https://nickfalvo.ca/a-primer-on-supportive-housing-and-housing-first/ Here’s the link to the French-language version: https://nickfalvo.ca/une-introduction-au-logement-supervise-et-le-logement-dabord/
In a February 18th front page article in the business section of the New York Times, Eduardo Porter surveys the potential for a job guarantee program. After starting with the caveat issued by Republican politicians—why trust your life choices to bureaucrats?—the piece goes on to present opinions of various experts on employment programs. It is […]
Precisely how Parliamentary authority to spend ends up as a payment in somebody’s bank account, including the banking transactions that occur across the Government Banking Service to make that happen.
Six years in court to get the minimum wage isn’t acceptable. People need a guarantee of a living wage job. Here’s how Uber would fare againt a Job Guarantee.
Bonds have already been sold to hoover up the money. So selling more bonds will just hoover up the previous bonds. Why pretend otherwise?
I saw a comment online somewhere. Someone was complaining how anyone will share any activity on Strava these days. They said they had seen somebody sharing their Housework activity. I did not read anymore. It annoyed me for some reason. During the night my slow brain surfaced my annoyance and …
Finally, a pillow for liberals!
Amazon takes on a warehouse trying to unionize in Alabama.
My apologies, the site looks a bit of a mess at the moment. I am rewriting the html template and making use of simple.css which I quite like. I want the underlying HTML to also be simple. I made a start but simply ran out of time. I’ll …
I visited a doctor about my susceptibility to surfers ear. I had been idly wondering if grommets would improve them and perhaps the GP or an ear specialist would be able to offer some suggestions. The GP had nothing to say on the matter but her eyes lit up when …
Wow, the stock exchange! Like a casino, but better!
Howdy Folks! Today’s house comes to us from Iredell County, North Carolina, and trust me, it is quite a doozy - just in time for Valentines Day, too! If you don’t fall in love with it, I don’t know what to tell you.
This 5300 square foot, 4 bedroom, 4.5 bath house, comes in at $625,000, making it more of a bargain than most McMansions usually are, and while the Tudors never came to America, a place that had not yet been “discovered” by the time the Tudors were in power in England, fear not - for all the repression and stuffiness of 15th century Britain can still be found within these darkened doors.
The expanding range of Doctor Who – The Collection on Blu-Ray continues in 2021 with more releases from the classic era of Doctor Who. Jon Pertwee is back in the Season 8 collection, as is Sylvester McCoy in Season 24. From Autons to Tetraps, these collections highlight two very different eras of the show and continue to bring fans unrelentingly comprehensive editions with a slew of old and new material available for the first time in one complete package. Plus the tradition of creating new short films to advertise the releases has seen more classic era actors reprise their roles… Continue reading