Alan Greenspan will offer his most sophisticated defence so far of his role as chairman of the Federal Reserve in the build up to the 2008 financial meltdown, hitting back at claims that the Fed's low short-term interest rates were the cause of the US housing bubble
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FT 9 hours ago (via traxfer.ft.com)
Westminster City Council has spent over £250,000 keeping the Grade II listed Marylebone Library closed for the past three years, according to figures obtained by Labour Councillors. Over the last three years since the Marylebone Road library has been closed, the cost of the rates on the empty building add up to £253,000, as follows: * 2009/10 - £124,000 * 2008/09 - £78,000 ...
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LabourMatters 18 hours ago (via labourmatters.com)
Crewe and Nantwich is only one of almost 650 constituencies on the political map of the UK. But the by-election there in May 2008 holds important lessons for the upcoming General Election. This is a review of the campaign, and which tactics might feature again over the next couple of months
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LiberalConspiracy on 13th Mar 2010 (via liberalconspiracy.org)
So, Lehman’s is spiralling the plug hole and various people are trying to get various politicians to intervene: During the bank’s final hours in September 2008, Fuld tried desperately to strike a rescue deal with Barclays but the FSA would not allow the British bank an exemption from seeking time-consuming shareholder approval. The
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TimWorstall on 12th Mar 2010 (via timworstall.com)
By Darinka Aleksic, from Labour List In 2008, the passage of the Human Fertilisation and Embryology Bill through Parliament saw the most serious attempt to restrict abortion rights in Britain in the last two decades. Since then, apart from occasional shrieking headlines about levels of repeat abortions among teenage girls, abortion has generally fallen off the
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SocialistUnity on 8th Mar 2010 (via socialistunity.com)
By Stuart Lansley, from Labour List, this is an abridged version of a more substantial article in the Spring edition of Soundings. Although global imbalances, excessive bank leveraging and reckless financial risk-taking helped trigger the meltdown of 2008/09, the crisis has it roots in the rising income and wealth gap, and the way a new domestic
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SocialistUnity on 7th Mar 2010 (via socialistunity.com)
Blaney even takes his charges on firearms training courses. In 2008 he took activists and young Conservatives to the Blue Ridge Arsenal in Virginia, reporting that the feeling of "hot brass, gun recoil and smell of gunpowder was incredible". There...
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BloodAndTreasure on 6th Mar 2010 (via bloodandtreasure.typepad.com)
The ten companies holding the largest number of surplus emission allowances under the EU's cap-and-trade system stand to make a profit of 3.2 billion euros in the 2008-2012 trading period, according to a new analysis of EU data.
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EurActiv on 5th Mar 2010 (via euractiv.com)