Nationalising essential utilities – like water – should not cost taxpaye... Labour claims taxpayers would face a massive bill for nationalising the water industry. But that’s not true. If a fair price is paid for the businesses and their debts, nationalising should impose no cash cost on the Treasury at all.
Why has Rachel Reeves called in bankers to advise on the NHS? Rachel Reeves must think the only job a government has is to balance its books. There can be no other explanation for the insanity of calling in bankers to advise on the NHS.
The next crash could be much bigger than the last two
Funding the Future
The next crash could be much bigger than the last two
As the FT has noted: The UK statistics agency defines properties costing more than five years of income as β€œunaffordable”. The affordabilit...
 The extreme financialisation of the economy must be approaching the point where it is no longer sustainable. When that happens the crash will be of a wholly different scale to 2008, or 2020.
Reeves in Cloud Cuckoo Land
Funding the Future
Reeves in Cloud Cuckoo Land
The FT had an article last night that was headlined: Reeves calls on EU to give greater access for City of London It then noted: Rachel Reev...
 Rachel Reeves is making a complete fool of herself begging that Brussels allow the City of London back into Europe whilst she simultaneously refuses to reconsider Brexit. Is there nothing she will not do to keep big finance happy?
Who knows whether our drinking water is safe?
Funding the Future
Who knows whether our drinking water is safe?
As the Guardian reported on Saturday: The safety of tap water in the UK could be at risk because water companies are unable to use products to c...
 There are apparently no labs left in the UK that can test the quality of our drinking water. The consequence is obvious. Who knows if we are now drinking the shit we know is in our rivers. And who is doing anything about it?
Is Trump really looking to do a Bitcoin bailout?
Funding the Future
Is Trump really looking to do a Bitcoin bailout?
I have this morning posted a video on why I think it
 Trump and the Republicans want the US state to buy vast quantities of Bitcoin. The only possible explanation is they want to hype its value, which had nothing to support it right now. The result will be a massive boost in wealth for the already wealthy.
Democracy is dying, and our hopes with it. And yes, I am angry about that
Funding the Future
Democracy is dying, and our hopes with it. And yes, I am angry about that
I noticed this in an FT email this morning: There is, apparently,
 Saturday morning thoughts.
Trump and Badenoch are opposing diversity – and big business is beginning to side with them
Funding the Future
Trump and Badenoch are opposing diversity – and big business is beginning to side with them
As the FT reports this morning: US companies are accelerating their retreat from diversity and inclusion initiatives amid an all-out assault from ...
 Don’t be different. The right wing is coming for you is you are.
The SNP sent a message to Keir Starmer yesterday. They care. He needs to do so.
Funding the Future
The SNP sent a message to Keir Starmer yesterday. They care. He needs to do so.
The SNP delivered a message to Keir Starmer on how to govern yesterday. In the Scottish budget announcement, SNP finance minister Shona Robinson an...
 The SNP’s Scottish budget, delivered yesterday, was big on one issue. That was, it cared about people in need. The story permeated everything it said. Starmer has no story. His message is the opposite of the SNP’s. He does not care.
In the face of threats, are people willing to do anything to defend democracy?
Funding the Future
In the face of threats, are people willing to do anything to defend democracy?
It is hard to know what to make of the failed coup in South Korea that happened overnight. At one level, this can be seen as the desperate act o...
 The failed coup in SoUtah Korea makes clear just how vulnerable democracies are. With the US tottering in the brink of fascism, are people willing to defend their right to a voice in their own country, or are those days over?