In the ten years up to the start of the financial crisis, house prices rose by over 200%. Why?
While a lack of construction is undoubtedly contributing to higher house prices in some areas of the country, it is not the key reason for the massive increase in house prices over the past 20 years.
When you take out a mortgage, the money doesnt actually come from somebody elses savings. No. Its actually just created, electronically, by your bank typing numbers into a computer.
And its those newly-created numbers, or newly-created money, that you can use to pay for your new house. Since every mortgage works this way, all the crazy lending before the crisis created hundreds of billions of brand new money.
If we want to keep houses affordable for ordinary people, we have to look to the banks, and together take away their power to create money.
Well only get change when enough people understand how it really works. Help us spread the word.
|Christine Gregg was fired from CEE, the UK arm of Accelerated Christian Education, following a long period of being thoroughly taken advantage of. She is now keen to expose the inner workings of the company, in particular its abuse of staff, in-fighting, and breach of employment law.
Read her exposé here:
|Channel 4’s Political Slot this evening featured our new leader, Natalie Bennett:
|I wish I could get to London to support this cause
From: Peter Tatchell
Subject: March against religious attacks on human rights
*March against religious attacks on human rights*
*Defend religious freedom, oppose religious privilege*
Saturday 15 September 2012
Join the march and rally against religious attacks on human rights. All
Most UK religious leaders oppose same-sex marriage. They support legal
Cardinal OBrien in Scotland has stirred homophobic prejudice and
Saturdays protest demands an end to religious privilege and to religious
While we defend the human rights of all believers and non-believers, it
It is not compatible with democracy for the Church of England to be the
*The secular Europe campaign opposes:*
Privileged status of churches under Article 17 of the Treaty on the
*The secular Europe campaign supports:*
Freedom of religion, freedom of conscience and freedom of speech
Robin Ince, Comedian and BHA Distinguished Supporter
*For further information:*
It is good to have a feel good contribution in support of public transport in this country.
“Build it and they will come”
|Comprehensive coverage of the Green Left fringe, courtesy of Pete Murry:
My contribution is at about 21:12 of Howard’s section:
|Good coverage of the Conference in this Guardian video:
‘The Greens are turning into a force on the radical left’
Good contributions from Romayne Phoenix and Sean Thompson – of Green Left.
Talking of which – can you spot the Bridgend delegation at the Green Left Fringe here:
|I have not long returned from three days in Bristol at the Green Party Autumn Conference.It is always a great event and this time we had the added buzz of unveiling our new leadership team.Natalie Bennett’s inaugural speech as leader went a long way to assuring people like me, on the Left of the party, that she is going to steer us in roughly the right, or should I better say ‘correct’, direction. She has a very clear vision of what she wants to achieve, and the intelligence and determination to achieve it. Considering she only landed the job a few days ago, there is time for her to add a little polish to her presentation skills.
Will Duckworth, newly elected Deputy Leader, is a star in the ascendency. I strongly recommend you listen to his speech in its entirety. I may be biased here, because those of you that know me well will see quite a few parallel’s with my own story, but Will adds a tremendously warm and endearing personality to steely determination and inspirational success. He is a true man of the people, for the people.
Will’s successful election was also the pinnacle of Green Left’s success in getting numerous people into positions of influence in the Party – vital to ensuring that the Party stays truly ecosocialist in overall philosophy.
It is particular cause for celebration that Howard Thorp has become Campaign’s Co-ordinator and Derek Wall has become International Co-ordinator. They will both take places on GPEx – Green Party Executive – and be very influential in steering the Party’s course over the next two years at least. Oh, and I have also secured a place on the Green World Editorial Board, filling a seat vacated by Natalie Bennett’s and Derek Wall’s promotions. http://www.greenworld.org.uk/
Hopefully there will be more Green Left committee representatives announced tomorrow. The Green Left Fringe Meeting was encouragingly well supported, and although the theme was somewhat dystopian, there was a good buzz nonetheless.
And as proof that good news travels fast, we even had an amazing “Clause Four” moment during the debate on Howard’s ‘Economic Democracy’ motion. This is currently best reported here on the Bright Green Scotland blog:
All good stuff!!