the banks as promised by the government last year…even the temporary ban on short selling was lifted a week ago!

Surely the answer to the

financial crisis is relatively simple, and has been clearly stated by people far more notable than me – former presidents and Bank of England

directors have repeatedly called for the power of the banks to issue debt to be curtailed (reintro9duce sensible liquidity ratios)and for the

governent to take control of the issue of money instead.

Why not issue a citizens income to every individual in the UK over the age of 25?

This would be money (as opposed to debt) and would enable us to dismantle much of the welfare state, the asociated dependency culture, and to

simplify the tax system.

In this time of calls for radical thinking, it’s quite ironic that the movers and shakers have such a strong

ideological commitment to the money markets that they cannot even see that their interventions are adding fuel to the fire. The polititians

continue to seek advice from the bankers, which is like asking the Horseman for advice during the Apocalypse.

On a more positive note – at

least the environment will get some much needed breathing space as economies decline. Less pollution, less greenhouse gasses, a reduction in the

manic rates of resource depletion…
All hope seems to lie with President Obama now. No pressure dude!