Rock and a Hard Place

January 30, 2015

The Pound Sterling might be in the unfortunate position of being between the US Dollar and the Euro, in a geographical sense, but the tensions between the three currencies might be better described as an infernal triangle. Stable exchange rates between them would be a fundamental component of a fair world trade system. Dramatic and sudden changes are destabilising of their respective economies and result from markets reacting to events and rumours, often irrationally and on occasions deliberately with the intent of profiting from the movement up or down of a particular targeted currency. ¬†Money traders and hedge funds can make a profit either way and a stable currency market is barren ground for them. If we want to prevent a future financial crisis, and criminal trading, there needs to be a concerted attempt to better regulate their activities, or even better to ban them altogether. Read the rest of this entry »


Tsunami that threatens to engulf us

January 22, 2015

In 1902 Winston Churchill said, “A politician needs the ability to foretell what is going to happen tomorrow, next week, next month and next year. And to have the ability afterwards to explain why it didn’t happen.” Half a century after saying this and having twice crossed the floor of the House of Commons, he was able to add, in 1952, “It is better to be both right and consistent. But if you have to choose – you must choose to be right.”

Winston was more than a politician and would admit that he wasn’t always right. He was derided many times for his outspoken advocacy in the face of opposition. He was a statesman with an independent viewpoint founded on king and country. I would add that a good politician should also have common sense and wisdom, and have real-life experience. The CDP bedrock is founded on the Church’s moral and social teaching, which is much derided. We are truly independent, neither to the left or right, nor in the centre or any other labels that critics might stick on us. Morals and religion do not feature in other manifestos. It is not our intention to evangelise, only to set a good example. Read the rest of this entry »

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