5 benefit changes the government don’t want you to know about

While the 1% continue to see their wealth grow, the much less well off and those without access to meet MPs for dinner, for a fee, are feeling the pinch. This is not The Big Soceity idea lauded by Cameron and his cronies but something much more insidious and malevolent.

Courtesy of New Statesman:

It used to be that when politicians wanted to bury bad news they’d orchestrate its release to time with a distracting event. Seeing Iain Duncan Smith publicly criticized for wasting at least £140 million of public money over Universal Credit at the start of this month, it struck me how we’ve slowly reached another level. “Unmitigated disaster”? “Alarmingly weak”? These words were used to describe Universal Credit but could easily have been levelled at a number of largely unreported changes to the benefit system. Nowadays, bad news is buried by even worse news. The sheer volume of inefficient and unethical changes to social security this Government has enacted means some of it doesn’t even get noticed. Which, for a set of politicians hacking at vulnerable people’s support systems, is worryingly convenient.


So, here’s five benefit changes the government doesn’t want you to know about. Continue reading

Cancer meets its nemesis in reprogrammed blood cells

Courtesy of New Scientist:

Engineer immune cells to recognise tumour cells they would otherwise overlook and they call a halt to cancers we thought were incurable

Editorial: “Beating cancer by blocking off its escape routes”

“THE results are holding up very nicely.” Cancer researcher Michel Sadelain is admirably understated about the success of a treatment developed in his lab at the Memorial Sloan-Kettering Cancer Center in New York.

In March, he announced that five people with a type of blood cancer called acute lymphoblastic leukaemia (ALL) were in remission following treatment with genetically engineered immune cells from their own blood. One person’s tumours disappeared in just eight days.

Sadelain has now told New Scientist that a further 11 people have been treated, almost all of them with the same outcome. Several trials for other cancers are also showing promise.

What has changed is that researchers are finding ways to train the body’s own immune system to kill cancer cells. Until now, the most common methods of attacking cancer use drugs or radiation, which have major side effects and are blunt instruments to say the least.


The latest techniques involve genetically engineering immune T-cells to target and kill cancer cells, while leaving healthy cells relatively unscathed. Continue reading

Today’s Wealth Destruction Is Hidden By Government Debt

Currently what people view as wealth; savings, bonds, insurance policies, stocks and welfare entitlements, when they actually need to draw on them in their retirement. The amounts they think they will receive will not secure their longevity. The wealth transfer is well underway, already shifting trillions of private losses onto public balance sheets.

The more I reflect on this, how insidious and underhanded it is, from the banking, corporate and political class, that it is legalised theft. We are the victims and our wealth is being transferred and eroded, how does that make you feel? That people who you will probably never meet are determining your life and ensuring you will not have the protection or the ability to survive long term. We are being harvested for profit and it will ensure that all assets will be owned by a few. Welcome to the neo-feudal age of the corporatocracy…it doesn’t have to be like this.

There is one choice that all of us have to make, accept it or change it. Courtesy of Phil Bagus of The Ludwig von Mises Institute: Continue reading

UK Housing Bubble…What Bubble?

The UK housing market is in a bubble. The OECD advised that UK home values have climbed 36.6% since 2004. The Bank of England said last week that mortgage approvals have surpassed 60,000 a month, 6 months earlier than predicted. I’m sure this will all turn out lurvely with lots of fluffy kittens included but a speculative real estate bubble validated as the key driver of nominal economic growth….what could possibly go wrong? Obviously this time, it will be different.


Israel Working With Saudi Arabia On Iran “Contingency” Attack

America is faltering and they need a war, they almost had it in Syria but now they have 2 proxy’s to instigate…Saudi Arabia and Israel. They need that war and Iran is set firmly in their sights. With the Israeli propaganda machine beating the hypocritical drum that Iran want a nuclear weapon, even though they are the only ones with them in the ME. Iran has not attacked any country for 300 years, since its inception in 1946, how many wars and international laws have Israel broken? Courtesy of The Hedge:

When last week’s Iran nuclear talks were blocked by France, it provided a useful glimpse into just who it was that would benefit politically from a continuation of the regional confrontation. But while the French sabotage was an amusing distraction, it revealed a curious shift in middle-east alliances, namely old “enemies” Israel and Saudi Arabia, both feeling shunned by Big Brother, suddenly becoming the best of buddies. It was only a matter of time before this novel alliance moved beyond just paper and tested how far it could go in real life. Said test may come far sooner than expected: according to the Sunday Times, Israel’s Mossad and Saudi Arabia are planning an attack against Iran if negotiations and talks don’t come to an agreement, and that Saudia Arabia will permit Israel to use their air space for an attack on Iran including full technical support. Continue reading

Unfractional Repo Banking: It’s Fraud to Infinity

If you want to understand just how ridiculous our financial system is, please read on. It screams fraud and Ponzi which is no way close to being sustainable, fair or equitable. It baffles the mind that this goes on unregulated but it leads you to one simple conclusion, the system is broken and if you wish to preserve your ‘wealth’, keeping it in a fraudulent system is not the way to do it. Gold, silver and if you’re inclined, Bitcoin are options. Gold and silver are highly marketable goods, if the lights went out, your 1’s and 0’s would be worthless. Nothing lasts forever.

You can ignore reality but you cannot ignore the consequences of ignoring reality

                                                                                                                                Ayn Rand Continue reading

Tories Attempt to Delete All Pre 2010 speeches from the Internet

They’ve only gone and done it anyway but where are the journalists from the mainstream media, holding these corrupt and malevolent politicians to account? Orwellian doublespeak from Mr Cameron, the UKs treasonous premier and courtesy of The New Statesman:

How’s David Cameron’s pledge to be the “most transparent” leader ever working out? Not very well judging by an extraordinary story from Computer Weekly. The site reports that the Conservatives have attempted to erase all speeches and press releases issued between 2000 and until May 2010 from the internet. That’s right; not just from their own site but from the Internet Archive, the largest publicly available digital library.


Continue reading

Chase Isn’t the Only Bank in Trouble

Courtesy of Matt Taibi at Rolling Stone:

I’ve been away for weeks now on a non-financial assignment (we have something unusual coming out in Rolling Stone in a few weeks) so I’ve fallen behind on some crazy developments on Wall Street. There are multiple scandals blowing up right now, including a whole set of ominous legal cases that could result in punishments so extreme that they might significantly alter the long-term future of the financial services sector.

As one friend of mine put it, “Whatever those morons put aside for settlements, they’d better double it.”

Firstly, there’s a huge mess involving possible manipulation of the world currency markets. This scandal is already drawing comparisons to the last biggest-financial-scandal-in-history (the Financial Times wondered about a “repeat Libor scandal”), the manipulation of interest rates via the gaming of the London Interbank Offered Rate, or Libor. The foreign exchange or FX market is the largest financial market in the world, with a daily trading volume of nearly $5 trillion. Continue reading