QE in various forms is now very much part of the economic conversation, especially in connection with a fresh approach to financial issues by the new leadership of the Labour party. Dynamic Quantitative Easing remains under government, not bank, control and targets specific investment projects without borrowing, interest or repayments. It can reboot the economy, boost manufacturing and exports and enable sustained growth of real national wealth shared by all, rather than just asset inflation which is the downside of ordinary QE. If you want to find out more you can download FREE a lucid explanation of the original idea from the link below.

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Corbyn has caused an earthquake which has in turn caused chaos to a whole political class of commentator and pundit who have learned their craft in the last thirty five years. They are almost all (but not quite all) out of their depth and off message, because for them Thatcherism is an everlasting verity, New labour is Labour, left means Michael Foot, the markets are all powerful and such power as is left over, lies in Westminster. There is one single message to which all believers subscribe and everything depends upon presentation. They believe it, these yesteryear commentators, their tutors believed it when they  taught them, and all will judge how Corbyn conducts himself within the political weather they know, and they will measure him against all its records. What they do not see is that the political weather has changed and the new weather is Corbyn.

Take this stuff about old lines in the speech. A brilliant writer penned the line ‘the British people do not have to take what they are given‘. Evidently he has has been offering it to every Labour leader since Kinnock. They all ignored it. But Corbyn recognised its genius. To the tawdry army of self important hacks to whom few listen and almost all have given up reading, using old lines was a presentation gaffe. But I watched the delivery. The entire conference rose cheering to its feet and brought the leader’s speech to a halt with a prolonged standing ovation. The faces, especially of the young; they were lit up in way unseen at a political rally for decades. Who wrote it and when was irrelevant. He said it. To them. Now. It touched their souls.

No, he did not mention the deficit, because it had already been mentioned and the whole country is sick to death of hearing about something which is not their fault and which has now been going on for nearly eight years. They only know that whatever is supposed to be fixing it is failing and they are paying the price, while those responsible for creating it make hay. They want another way. In the end it is the people who will decide Corbyn’s fate, not the professors of politics or the political editors and certainly not the schemers and plotters of the near extinct New Labour.

And that fate is in the figures. The Tories can expect between ten and twelve million reliable voters depending on whether they are up or down. Now and again they do better, sometimes worse. On the same reckoning Labour can expect nine to ten million. But, and this is the key, there are fifteen million who are registered but do not vote. About five million of those will turn out for a change of political weather to the left and if they do they will vote for Corbyn’s style of Labour. Huge numbers of them are the hungry young. Hungry for change and a new deal.

The question is not whether Corbyn will make it, but whether anybody can stop him.

QE in various forms is now very much part of the economic conversation, especially in connection with a fresh approach to financial issues by the new leadership of the Labour party. Dynamic Quantitative Easing remains under government, not bank, control and targets specific investment projects without borrowing, interest or repayments. It can reboot the economy, boost manufacturing and exports and enable sustained growth of real national wealth shared by all, rather than just asset inflation which is the downside of ordinary QE. If you want to find out more you can download FREE a lucid explanation of the original idea from the link below.

Download Free.  Paperback £2.99

We often talk about left and right wings in politics. We usually mean labour on the left and capital on the right. There is another definition and this is very much in play at the moment. It is the people on the left and the establishment on the right. Establishment parties (in the UK this is the Conservative party) are there to protect the interests of those with capital and who, as a life vocation or choice, exercise power. Policy is determined by the leadership, aided by advisers and think tanks, and people vote for it, whether party members or ordinary voters, because they like the menu on offer. It is not democratic in the full sense, but you get to vote as a party member who you want as leader and as a voter on whether you want these people to govern. This notion of power and the desire (some see it as a right) to exercise it permeates a whole section of society, the education system and the top universities. It embraces business and the professions at their apex and has roots in both the judiciary and the Church of England.

This whole mega structure would collapse were it not for the foundation on which it all stands. The foundation is the people. The ordinary people who serve the state and keep it functioning and functional. They do this by their jobs or professions which although they will never become rich through them, are critical to the survival of everything else. They could be working in health, education, power generation, transport, law enforcement, emergency services, industry, retail, fuel, the list is all but endless. In our modern world of social media and information technology they are now engaged and empowered as never before in history. They have access to universal knowledge and universal fellowship, all from the palms of their hands. They want a say in how their lives are run, not just by whom.

It means ordinary people become engaged in the formation of political policy, so that their interests will be promoted in the order of priorities they proclaim. It means power rising from the people to challenge and balance that which cascades down from above. It is why Jeremy Corbyn, who almost alone in the House of Commons understood this and saw how the political weather had changed from the dawn of the Thatcher era, is now a political phenomenon. And why the Labour Party is growing faster then ever.

The ideas of the new shadow chancellor to pump money into the base of the economy are welcome, although not quite right.  If you want to find out how it should work you can download FREE a lucid explanation of the original idea from the links below.

Download Free.  Paperback £2.99

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The news that VW now admit that their European cars carry the cheating software and that the UK and other countries are going to carry out tests on ALL makes of cars raises key questions.

Clearly the initial supposition that the device had just been fitted in a mere half million cars to circumvent the testing regime in American states with mega tough emissions laws, especially California, turns out to be wishful thinking. Eleven million cars are apparently involved and it beggars belief that a project on that scale was known only to a handful. Indeed who produced the software?  Is it VW’s own, or bought in from a specialist? Then comes the obvious. Is VW the only manufacturer doing this, or just the one that got caught?  And if more were at it, we are looking at something so big loads of people must have known. Perhaps even the authorities. This then poses the big question.

Are these emission laws everywhere realistic? Or are they based on laboratory analysis which cannot be replicated in real on the road driving conditions, no matter what? If that is the case we should be told and further development of petrol and diesel cars should give way to organising an electrical motive power train which not only delivers good performance after initial charging, but can keep itself charged by its own motion.

That would deal with the pollution problem. It would be bad news for the oil industry. Maybe that is why it has not happened already.

The shocking news from Mecca, with the death toll now at 700 and still climbing is appalling and goes to show once again just how dangerous a surging crowd can be. We have had such tragedies at football matches but fortunately they are rare. Sadly Mecca has become a black-spot for this kind of disaster in spite of the fact that the Saudis have spent billions trying to create conditions which will make crowds safe. Clearly more needs to be done, but meanwhile our hearts go out to all those who have suffered injury and loss.

Set in the mid nineteen nineties, this fast moving thriller lifts the curtain on sex, sleaze and corruption in high places as the long reign of the government totters to an end, following the ousting of the iconic Margaret Thatcher. The novel catches the mood of those times with a host of fictional characters who engage in political intrigue, sex, money laundering and murder, pursued by an Irish investigative journalist and his girlfriend, the daughter of a cabinet minister found dead in a hotel room after bondage sex.

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When the EU leaders meet today they will have a lot to do. Things are not going well. Tsipras has been re-elected in Greece by a wider than expected margin (many in the Euro group hoped for his defeat) which ensures a bumpy ride ahead for the Eurogroup finance ministers. Greece, with its ally the IMF, will demand and have to get debt relief. Volkswagen, a brand synonymous with quality and fair dealing, a metaphor for post war Germany itself, has been found to be under the thumb of con men who have organised an emissions fraud on a grand and calculating scale which has caused both dismay and disbelief. The cost will not be the four billion euros set aside to reprogramme the cars and do a bit of PR. It will be nearer thirty billion, when account is taken of fines and law suits in the US alone. This is not a design fault or a quality control issue. This is planned designer fraud. Volkswagen is the EU’s largest manufacturer.

Then there is the migrant crisis. Yesterday the EU foreign ministers met and quarrelled. Finally they agreed with four against and one abstention to share a compulsory quota of 160,000 migrants. This is Noddy Land politics. Already this year 500,000 have entered Europe by sea alone. The populations of Afghanistan, Syria, Iraq and Libya, as well as Eritrea and Sudan are on the move, in flight from the chaos of their homelands. There is no point in rehearsing why this unprecedented diaspora is happening, simply that it is. And there has to be a coordinated emergency plan to cope. Sharing out 160,000 souls is good but will hardly make any difference. The test is to think big and act bigger. Thus far it is a test Europe is failing. Meanwhile the numbers surge on forward overwhelming even those keen to welcome them. Soon the problem will not just be migrants. It will be Europe itself.

Rudolf Hess, Hitler’s deputy and right hand man, flew to Scotland on a mysterious peace mission in 1941, which has never been convincingly explained, to meet unidentified politicians who wanted to end the war. The truth has been covered up for generations because to reveal it would somehow undermine the honour and constitutional fabric of the United Kingdom. Who was plotting against Churchill? What were the peace terms on offer? What happened to Hess? Was he killed in the War? Was the prisoner in Spandau a double?
There are many questions to which in the modern day one man, Saul Benedict has all the answers, because his parents were players in the drama involving Churchill, Hitler, leading politicians and an important Royal. Saul is an author and declares his intention to write a book to reveal all, but he is shot dead, apparently accidentally by a poacher. But was it an accident? Rick Coleman an investigative journalist determines to find out and in doing so to uncover the mystery.
Taking place in the modern day but with flashback chapters which gradually unfold the hidden secrets, the novel is a fast moving and compelling read based on the family knowledge of the author whose parents had connections to both Hess and Hitler and to British Intelligence.  

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