Monthly Archives: April 2011

               Readers will know I am against the UK lending any money to Euro member states in trouble. We kept out of the Euro thanks to some of us arguing that case. Some of us  forecast the likely problems and do not see why the UK should pick up any of the bill for the [...]

                        As a critic of the regulators in 2006-7 I said the banks should be made to hold more capital. In those days they were too heavily geared. The banks were allowed to lend far too much money with far too little capital to pay the losses if some of the loans went wrong.                        [...]

                 The media and politicians concentrate on the coming squeeze on the public sector. It is struggling to live within an extra £485 billion overdraft to tide it over the next five years, and to live with an increase of just £93 billion a year by Year 5 for current spending.               Meanwhile, the [...]

                  Based on doorstep conversations recently, and visits to speak to Conservative Associations, I encounter the following attitudes. Many Conservatives now see the Coaliti0n government as heavily Lib Dem influenced. They tell me they want changes in policy, to reflect the poor financial condition of the country and the preponderance of Conservative votes and [...]