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UK Analysis Newswire Archive

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Labour government to buy majority stakes in failing banks

14-10-2008 20:38

The Labour government is to spend £37 billion in public funds buying a massive number of shares in the Royal Bank of Scotland (RBS) and the merged Lloyds TSB and HBOS.

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The F$c$ Pandemic (Satire Or truth?)

14-10-2008 18:03

A not so serious look at the history of the present world-wide financial crisis shows that our leaders may be unbalanced.

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The Law of the Jungle

14-10-2008 11:27

The current crisis of the developed capitalist system is taking place when the empire is about to change leadership in the elections to be held in a few days; it was all that was left to see.

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Dennis Wheatley on the supernatural... and the ultimate crash of Civilisation

13-10-2008 23:00

Dialect Radio is a Bristol (UK) internet broadcasting Co-operative run by volunteers. Our main activity is our weekly current affairs and arts magazine programme Dialect, which is recorded at our Queen's Square studios and posted for download every weekend. Want to volunteer? Volunteering Bristol, Royal Oak House, Royal Oak Avenue, Bristol. BS1 4GB Tel: 0117 989 7733.

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Watching the 42 day detention debate live: An Overview

13-10-2008 19:48

Highlights of the debate, written chronologically from notes I made whilst watching the entire 3 and a half hours or so on the parliament website today. Including points made for and against the bill, though mainly focusing on points made against.

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Brown’s National Economic Council consolidates government by the super-rich

13-10-2008 16:21

Prime Minister Gordon Brown announced last week the creation of a National Economic Council.

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Return to Resistance

13-10-2008 11:18

What has become of prison revolts in the British prison system? Where now are the open expressions of collective anger and solidarity that fueled the uprisings and jail riots of the 1960s, 1970s and 1980s and created the iconic images of Hull 1976 and Strangeways 1990? What happened to the spirit of revolt that used to periodically shake the British long-term prison system and engender a philosophy of prisoner empowerment and solidarity, a philosophy that situated the struggle of prisoners at the very forefront of the universal struggle for human rights and even social revolution?

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Lending to Icelandic Banks

13-10-2008 04:57

This is a letter sent to councillors about the potential losses through lending to Icelandic banks. Reasonably competent financial officials should have known about the risks.

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United States Claims Bankrupcy!

12-10-2008 22:54

Economic Fascism and The United States
Fascism, or: The Limited Liability Corporation of The United States Of America.
We own your home!

Full article | 6 comments

Edinburgh Financial Protest: "We wont pay for your crisis!"

11-10-2008 20:55

SWP protest on the 10th
"We Wont Pay for Your Crisis!"

Edinburgh is set to have a demonstration against the government's criminal bank bailout, at the Corporate Headquarters of HBOS.

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The Wall Street crisis (by Latuff)

10-10-2008 18:50

Rest in peace, Charging Bull...
Copyleft artwork by Brazilian cartoonist Latuff.

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PANIC DECLARED Empty store shelves, gas pumps, ATMs ahead -

10-10-2008 16:23

The Rise of the Finance Economy and Fall of Manufacturing
Forget debating a 1929-style stock crash. It just happened, and the banking "holiday," if it happens, won't wait 4 years as it did in the Depression because THIS crisis started with banking. If it weren't for World War II, we would still be in the Depression. Capitalism as we have known it is dead -- Bush & Co. are proving it by socializing the insurer AIG and talk of buying into banks, etc. Our only hope that the finance and service economy (see chart) would take up the slack left by the end of WWII. But the finance economy just failed. The tech (computer) industry is sure to follow its partner down the drain. Empty store shelves and unavailability of cash to you as well as businesses are possibilities we deal with here.

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Richard Heinberg: Say Goodbye to Peak Oil

10-10-2008 13:46

Now that the world’s credit markets are suffering the equivalent of a cardiac arrest, one can confidently say that the peak in global oil production is behind us.

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Saving Private Banks (by Latuff)

10-10-2008 02:32

U.S. bank crisis
Copyleft artwork by Brazilian cartoonist Latuff.

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Labour government pledges up to £500 billion for Britain’s banks

10-10-2008 00:28

It is a measure of the depth of the crisis facing the British and world economy that a pledge by the Labour government to make £500 billion available to the high street banks, failed to stem continued losses on the stock markets.

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Comrade Bush

09-10-2008 16:44

They don't call him President Bush in Venezuela anymore.
Now he's known as "Comrade"....

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Attacked at work by armed robbers - the dangers of being a Muslim moderate

08-10-2008 21:41

This week's dialect podcast which includes Matt's muses, Cider With Rosie and the Compass of Mystery festival - Dialect Radio is a Bristol (UK) internet broadcasting Co-operative run by volunteers. Our main activity is our weekly current affairs and arts magazine programme Dialect, which is recorded at our Queen's Square studios and posted for download every weekend. Want to volunteer? Volunteering Bristol, Royal Oak House, Royal Oak Avenue, Bristol. BS1 4GB Tel: 0117 989 7733.

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The Coming Financial Collapse

08-10-2008 16:28

Love him or loathe him, you've got to love this comment Gorgeous George made in the House of Commons after the Chancellor's statement today. This is an article about the global debt crisis, the financial bubble and the coming financial catastrophe which today's measures by the government have merely delayed for another day.
See also: The coming financial collapse, interview with Martin Summers, Former East European projects officer for the New Economics Foundation talks about present day money matters as we slide down a slippery slope:

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The real reasons behind the global "bailout" plan

08-10-2008 12:31

The bailout “solution” to delay the deepening of the crisis is not simply the wrong solution; it is the "solution" to accomplish the worst, as it is continuing the same path that has led to the current stage. It will inevitably drive the world-economy into its final collapse by further weakening of the production sphere and strengthening the speculative sphere.
The signs of the above can be read in the recent warnings of "a slow and painful recovery", despite the accepted bailout bill in the US. What this means is that although there will be a long and painful process, it will not lead to recovery in the end, because, in addition to paying the bill to non-productive hands, the productive sphere will be forced to produce the values of what they pay.

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Third world Victory armed resistance to bankruptsUS Empire

08-10-2008 10:30

The Paulson plan is desperate second bailout attempt by the US imperialists to get their economy functioning again as"normal" .It is a brilliant victory for the Third world peoples fighting protracted guerilla type wars to assert their rights to national independence .US militarism,its wars financed by deficit spending,has bought the imperialist economic system already running on credit to the point of economic meltdown.The UK partner in crime has a bank bailout too.But US imperialism plans to use this Crisis as oportunity to plunder the worlds weakend finance institution.
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