all posts on February 19th, 2007


Ending free banking not a blessing for all

The BBC reports of moves towards ending free banking in the UK, and charging customers for current accounts. Graham Beale, the incoming CEO of Nationwide says,
In a way, I do believe fee-based banking is a fairer proposition
We might grumble about being charged a fee to have an account, but there appears no logical reason to […]

Why Oliver James really hates capitalism, or “My theory of depression, for it is mine and mine only, by O James (Mr)”

Monty Python had a celebrated sketch in which a self-proclaimed dinosaur expert, Ann Elk, propounded her theory of Brontasuaruses When repeatedly asked by the interviewer for the details of her theory, she finally answers
All brontosauruses are thin at one end, much MUCH
thicker in the middle, and then thin again at the
far end. That is the […]