Reblog from Coppola Comment

According to James Mackintosh of the Financial Times, JP Morgan produced some figures today that showed where the money provided to Greece in its much-publicised bailouts actually went. Here’s what James said on twitter: "JP Morgan estimates only €15bn of €410bn total "aid" to Greece went into economy – rest to creditors. No wonder they…

Symbolism is nice…

The London Metal Exchange has been flogged to the Chinese, and our oil major faces an undignified future, while Canada and Australia position themselves as special friends who can offer something to the new big boys in their yard. Our particular niche skills are no longer required. It’s all about Geo–politics now darling! Apparently discussion…

New Debate…

The only way to economic and political credibility is to restore the visibility of the parts of our economy which should be the monitors of economic health, to political debate. We need dynamic social policy that responds to and warns of market failure, efficiently run with boundaries on political interference and requirements to base policy…

Becoming hard to hide

Becoming hard to hide The grotesque consequences of 3 decades of unexamined marketization, are likely to become a regular feature in our headlines from about now, like it or not. The Rochdale Grooming case is the tip of the iceberg and the DWP one of the biggest sources of the outsourcing contracts causing jubilance next…

What of the shitflinging monkey wheel..

Shit flinging monkey wheel? Political Parties who populate the wheel are still on business as usual and haven’t grasped their brand new trading environment, seemingly now scraping the bottom of their shared blue sky box. It will be months before we have any clue whether they are capable of being our democratic future or not….

Its been like Doctor Who..

The extremes our political culture will go to, to avoid addressing the death of the centre position have been entertaining. Labour has been coloured every hue and fuck knows where they pulled Maurice Glasman from, I’d never heard of him pre-Blue Labour and I shouldn’t think I will again… We have pasties, and Englishness, and…

Domestic Media-Ocracy

Rebekah Brooks has been exposed as David Cameron’s life coach and Blair was dressed in white at the christening site of Jesus to be Godfather to the Murdoch sproglet. This would be less of a problem if the type of economic, foreign, and social policy hidden under the narrative Murdoch and the rest of our…

How things looking here…?

In the UK, right now, we essentially exist with no government, no opposition, and the entire edifice our political media culture built and protected is crumbling with US hegemony. The chains exposed, are as quaint as carrier pigeon, mafia hoods, and telegram by bicycle. Our political media obviously still stuck on tribalism, self-preservation, and the…

Little Britain…red, white, and blue…

The narrative of a little England undermining Europe has been lovingly crafted by everyone from Obama and Osborne, Merkozy, Blair and Balls. The US and UK are now happy to blame Europe for everything that ails them. Blaming it all on Germany will make everyone forget that the whole world knows the IMF as Uncle…