Search found 172 matches

by marknorthfield
Mon Jul 20, 2015 9:52 am
Forum: News
Topic: Banking and money
Replies: 95
Views: 23358

In reality banks have no fractional reserve requirements Regulation requires banks to hold various minimum levels of capital. This is mainly based upon a percentage of risk weighted assets. Loans made to people are assets to the bank. I don't post on Powerswitch much because I can't cope with the c...
by marknorthfield
Sun May 10, 2015 11:03 am
Forum: Government and Society
Topic: UKIP WATCH
Replies: 115
Views: 51969

While I can wholeheartedly recommend the whole of Caroline Lucas' book 'Honourable Friends?' for an outsider's view on how our anachronistic parliament lurches ever onward, pages 218-223 are directly relevant here. In particular her willingness to work with (the then Conservative) Douglas Carswell. ...
by marknorthfield
Sat Oct 25, 2014 9:59 am
Forum: News
Topic: Cameron- sleeping with the fishes?
Replies: 7
Views: 2130

They knew, of course. http://www.bbc.co.uk/news/business-29753529 Now to be absolutely clear, none of this is a surprise to the Treasury or chancellor. British officials have known for some time that the inflammatory demand from Brussels was coming. What did catch them by surprise was what it sees a...
by marknorthfield
Wed May 07, 2014 3:51 pm
Forum: General Discussion
Topic: Peak Oil Music!
Replies: 397
Views: 167841

Thanks. :) Piano, synthy bits and voices are all my doing. That effortless sounding bass is the work of my studio engineer and good mate Andrew Holdsworth. I never did get the hang of playing guitar... Made my wrists hurt!
by marknorthfield
Wed May 07, 2014 10:47 am
Forum: General Discussion
Topic: Peak Oil Music!
Replies: 397
Views: 167841

Here's a little song I made confronting the psychology of our collective climate change denial. I like to think of it as glumpop. It even has a scribbly lyric video, with additional subtext/commentary. It's from a new EP. http://youtu.be/_jB_SPw_xp0 It's also a free download on Soundcloud, if you li...
by marknorthfield
Thu Nov 28, 2013 3:52 pm
Forum: News
Topic: EU immigration row / time to get out
Replies: 750
Views: 64960

Thanks for the response, Steve. No time to reply properly now as I'm abt to start work again. I'll mull over what you've said, you can be sure.
by marknorthfield
Thu Nov 28, 2013 3:37 pm
Forum: News
Topic: EU immigration row / time to get out
Replies: 750
Views: 64960

European immigrants have worked hard but they have also remitted huge sums of the money that they have earned back to where they come from. That is money that is lost to the British economy. How is that good for the average Briton? OK, a little number crunching. Presuming every one of those 500,000...
by marknorthfield
Thu Nov 28, 2013 2:46 pm
Forum: News
Topic: EU immigration row / time to get out
Replies: 750
Views: 64960

Hi Steve. I was hoping to instil some sense of perspective. My point in including the financial crisis line was simply that there are far bigger fish to fry when it comes to improving the lives of ordinary working people than this overheated debate about immigration. And no, I wasn't 'erecting a fal...
by marknorthfield
Wed Nov 27, 2013 10:49 pm
Forum: News
Topic: EU immigration row / time to get out
Replies: 750
Views: 64960

A brief aside: the population of Poland is 38.5m, Bulgaria and Romania combined about 27.3m. 500,000 Poles came here over several years, and while it may have led to some problems in certain areas, they also contributed a great deal economically. They are most certainly not the reason we had a finan...
by marknorthfield
Sat Nov 23, 2013 9:38 am
Forum: General Discussion
Topic: Interesting David Malone piece
Replies: 22
Views: 4808

The David Malone piece is certainly worth reading, as most of his stuff usually is. He is a passionately engaged (but humble) thinker and writer. The Renegade Economist interview he's linked to in the previous post on his blog is also worth a gander. The political compass thing? A curious exercise, ...
by marknorthfield
Sun Nov 10, 2013 12:30 pm
Forum: General Discussion
Topic: Stranded Assets
Replies: 19
Views: 8079

The big one is getting noticed. But one message comes across loud and clear: hydrocarbon demand is unusually uncertain and this places risk firmly on the investment agenda. http://www.theguardian.com/sustainable-business/unburnable-carbon-investment-agenda I read 'The Burning Question' recently, fr...
by marknorthfield
Fri Nov 08, 2013 7:45 pm
Forum: General Discussion
Topic: Red pill or blue pill or ignorance is bliss?
Replies: 55
Views: 7278

Personally, I find real ale and cycling help quite a lot! :) Heh heh. Sadly good beer is not easy to find over here in Ireland but I know what you mean. I've just been reading Ellie Bennet's Blood, Sweat and Gears, about her experience cycling from Land's End to John O'Groats. It should have been c...
by marknorthfield
Fri Nov 08, 2013 5:00 pm
Forum: General Discussion
Topic: Red pill or blue pill or ignorance is bliss?
Replies: 55
Views: 7278

There is no easy way, and I feel for you. Knowing how serious the climate situation is - with the risk of tipping points etc - is a complete headf***. But the pain of acknowledging this is a grieving process, and if you've ever gone through that in another context then hopefully you'll realise that ...
by marknorthfield
Sat Nov 02, 2013 5:17 pm
Forum: Transport
Topic: Why is cycling so popular in the Netherlands
Replies: 86
Views: 26924

Oh, and yes, of course pedestrians like to walk in the cycle lanes when they are segregated. More often than not, in my experience. But I don't see it as something worth getting angry about, although if it's round a corner (as with some of the underpasses here) I might get mildly irritated and sigh ...
by marknorthfield
Sat Nov 02, 2013 4:50 pm
Forum: Transport
Topic: Why is cycling so popular in the Netherlands
Replies: 86
Views: 26924

Bracknell had quite a good network (no idea what it's like now), partly thanks to a late friend who was the local Friends of the Earth Cycle Campaigner. It had parts where there was a "road" for bikes, with a footpath with a raised curb for pedestrians. So where did the bloody pedestrians...