Tag: student-loans

UKIP’s Godfrey Bloom Blasts Fractional Reserve Lending as Fraud; Says Central Bankers Should be Tried for Financial Crimes
May 7, 2013 0

UKIP’s Godfrey Bloom Blasts Fractional Reserve Lending as Fraud; Says Central Bankers Should be Tried for Financial Crimes

By News Desk

Here are a pair of interesting You-Tube videos on fractional reserve lending sent by reader Magnus who lives in Sweden. Godfrey Bloom Blasts Fractional Reserve Lending as Fraud “The problem that we have is a flawed banking system, a fractional reserve banking system where bankers can lend money they don’t have. If you go back in time in the United States to the 1850s, that was a capital offense

Shinzo Abe Seeks Constitutional Changes for a More Militaristic, Authoritarian Japanese Society
May 4, 2013 0

Shinzo Abe Seeks Constitutional Changes for a More Militaristic, Authoritarian Japanese Society

By News Desk

Please consider Japan PM’s ‘stealth’ constitution plan raises civil rights fears Shinzo Abe makes no secret of wanting to revise Japan’s constitution, which was drafted by the United States after World War Two, to formalize the country’s right to have a military – but critics say his plans go deeper and could return Japan to its socially conservative, authoritarian past. Now he is seeking to lower the hurdle for revising the constitution as a prelude to an historic change to its pacifist Article 9 – which, if strictly read, bans any military. That would be a symbolic shift, loosening restrictions on the military’s overseas activities, but would have limited impact on defense as the clause has already been stretched to allow Tokyo to build up armed forces that are now bigger than Britain’s.