Last Straw

No Right Turn on why the Maori seats mat­ter. Quite something.

A huge con­tro­versy has blown up in the UK after a couple of comedi­ans made a lewd phone call and it was broad­cast on BBC radio. The broad­cast received two single com­plaints on the day but after The Mail on Sunday lead with the story a week later that even­tu­ally bal­looned into the tens of thou­sands. As of tonight […]

This was hedge fund man­ager Hugh Hendry on Dis­patches tonight. Is he really advoc­at­ing the abol­ish­ment of fractional-reserve bank­ing, a sys­tem where banks cre­ate money out of thin air and are required to keep only a frac­tion of their depos­its in reserve. Don’t get me wrong, I’d love to see this unbe­liev­able scam ter­min­ated, but does Hugh […]