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The system we now have is not working - and the Chancellor has his eye on extra tax revenues...
Wednesday, 29 July 2015 |

The Roundup for July 29th, 2015

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Been a while since punk was on the Roundup.

International Politics

Overall

– Secretary of State John Kerry said , if Congress stopped the agreement with Iran, Iran would seek nuclear weapons; FOR THE LAST TIME THEY DO NOT HAVE ANY INTENTIONS

– Of course, Kerry said it would be “the easiest decision in the world” to bomb...

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When do we get to exercise democracy and fire every factotum, apparatchik, toady and lackey in the state who has abused his/her authority?
Everyone lauds "creative destruction" when it shreds monopolies and disrupts private enterprise "business as usual."  If thousands lose their middle-class livelihoods-- hey, that's the price of progress.
Im...
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Sandra Bland, a 28-year-old black woman, died in the Waller County Jail in Texas on July 13th, three days after she was pulled over in a routine traffic stop by a police officer who subsequently charged her with assaulting him. She was found with a plastic garbage bag wrapped around her neck. State officials have listed her cause of death as a...

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A housebuilding deficit has led to house price rises of more than 5pc over the last year...
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Once the phantom collateral vanishes, there's no foundation to support additional debt and leverage.
When a speculator bought a new particle-board-and-paint McMansion in the middle of nowhere in 2007 with nothing down and a $500,000 mortgage, the lender and the buyer both considered the house as $500,000 of collateral.  The lender counted the...
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You can be forgiven if you had concluded that Donald Trump had redefined stupid by alienating all Latino voters, who make up the second largest ethnic group in the U.S., with his false and racist comments about a virtual tsunami of violent Mexican criminals pouring over the border every day to rape our women and steal our stuff. Yes, indeed sports...

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IT delays at HMRC took the shine off an overall improvement in tax collections...
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The trick is to borrow as much as you can and leverage it to the hilt, and buy, buy, buy.
Thank goodness everything's been fixed.  Now that the bigshots in the Eurozone have given Greece the Humphrey Bogart treatment--  When you're slapped, you'll take it and like it , Bogart's line as he bullied Peter Lorre in  The Maltese Falcon --...
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Anti-austerity protests turn violent...
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