February 4, 2013

UK Takes On ‘Too Big To Fail’ Banks

There is no political will in the United States to do what’s necessary to make sure we don’t see a repeat of the 2008 financial meltdown. The reason might be more complex, but at the root of it is this: money in politics. Our elected officials are beholden to the banks, not the citizens. Across the pond, some are showing the political courage necessary to stabilize the financial system, and make it more amiable to the average person. If successful, banks in the UK will no longer be able to gamble with customer deposits. No longer will banks lean on taxpayer bailouts to hedge against unnecessary risk.

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October 20, 2012

Who Would Britain Vote For?

Here in Europe we simply do not understand how the race for the White House between Barack Obama and Mitt Romney is so close. Our media portrays Barack Obama as a solid statesman who faces opponents which are nothing more than out of touch, anti-abortionist, religious extremist fools, who are lead by a man who has spent his career hoarding gold bullion in case the system of paper money collapses.

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