The UK government recently told GCHQ (state security) that it could monitor all communication on social media, Skype calls, and email, and log every site visited by British internet users. (Guardian 27 April 2012). As we now know the “security ” industry is the only fast growing industry in the Western world, but speaking for …
I have been asked for tips about applying to be a citizen of the U.S. 1. When asked in the “English exam” who were the colonists fighting to achieve freedom”, don’t reply Good King George III. 2. When asked , “What is the US, a republic or a democracy”, don’t reply, ” A corporatocracy.” These …
“To comfort the afflicted and afflict the comfortable”. Not my bon mot. It is attributed to an American journalist (muckraker) called Lincoln Steffans in the early part of the 20th Century.
It’s called Objectivism (otherwise Libertarianism) and it was invented by Ayn Rand. It tells us that selfishness is good, altruism evil, empathy irrational and compassion destructive. It tells us that the poor deserve to die and the rich deserve to prosper unimpeded. Out of a job? Tough! Rand was a Russian immigrant to the U.S …
Continue reading ‘The ugliest philosophy in recent history’ »
Today I received a Summary Prospectus for an investment made some months ago. I was never told that I was buying a fund partly consisting of derivatives (or maybe I didn’t read the yawn-inducing small print – quite possible) . Since the financial services people didn’t understand derivatives and derivatives nearly sank the economy, what …
