This article on the BBC News website tells us that the US Treasury expects to reach the “debt ceiling” sometime in October. The debt ceiling is an arbitrary amount of federal government borrowing that Congress has decided cannot be exceeded. It’s a bit like an overdraft limit for the nation. The limit has been imposed…
Merryn Somerset-Webb at Money Week making some good points about the (probable) wasted opportunity of Scottish Independence.
I have been self-employed for the best part of 30 years. If I’m not doing something that a client has agreed to be invoiced for, then I don’t get paid. That’s a whole working life on zero hours contracts, and I wouldn’t have it any other way. I can pick and choose who I work…
The UK government has been very successful at promoting the idea that our system of welfare benefits is at the mercy of legions of scroungers who are cheating the taxpayer out of vast sums of money and thereby contributing significantly to the annual deficit. The resulting “benefits rage” provides a very effective smokescreen, helping to…
In a previous article about Scottish independence I pointed out that the only definite outcome from a “yes” vote in next year’s referendum will be a negotiation to disentangle the political and bureaucratic ties between Scotland and the rest of the UK. Beyond that no-one knows what an independent Scotland will actually look like or…
I came across this quote from FDR’s 1944 State of the Union address and thought it was worth repeating: “… true individual freedom cannot exist without economic security and independence. … People who are hungry and out of a job are the stuff of which dictatorships are made.”
On the 18th of September 2014 people who live in Scotland are going to have to vote “yes” or “no” to the following question: “Should Scotland be an independent country?”, but I wonder how many of us really know what we’re being asked to vote for. What exactly will happen if enough of us vote…
Views From The Boatshed 