Anorak

Money | Anorak - Part 30

Money Category

Money in the news and how you are going to pay and pay and pay

A small note for idiots everywhere on commodities

WE’VE been told, again and again, by the likes of the World Development Movement, Oxfam, Action Aid and all the rest, that more speculation in commodities leads to higher prices for commodities.

It’s the weight of money argument: more money …

Posted: 12th, September 2012 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


The TUC talks bollocks. Again

YES, it’s the TUC meeting again so obviously we’re going to have a report out or two that spout bollocks about what’s been happening to the economy. This year’s entry is a doozy though: the most charitable interpretation of it …

Posted: 11th, September 2012 | In: Key Posts, Money | Comments (2) | Follow the Comments on our RSS feed:RSS 2.0


The unfairness of life as a freelancer – a video

HOW unfair is it being a freelancer? Very. Especially if you have to deal with a crap editor. You want a column? You’ll be lucky get a fiver. Now hand your work into the intern on the door and stay …

Posted: 10th, September 2012 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Lies and more lies on setting a minimum price for alcohol

DAMN, I do get pissed off with people trying to lie to us so that they can change the law. We’re supposed to be the people who decide how we’re ruled so they really do have to tell us the …

Posted: 8th, September 2012 | In: Money | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


Democrats who wants to ban profits

DEMOCRATS who wants to ban profits:

Posted: 6th, September 2012 | In: Money, Politicians | Comment | Follow the Comments on our RSS feed:RSS 2.0


The stupidity, it hurts – the mainstream media gets it wrong on food speculation

I FIND it to be actually physically painful when I see some ghastly lefty nonsense being picked up as the obvious truth across the political divide. We expect the comies to say that we should wipe out the bourgeoisie but …

Posted: 5th, September 2012 | In: Money | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


Bribes are no longer tax deductible

BRIBES are no longer tax deductible. This is a bit of a change:

“Expenses incurred while committing legal violations, including providing bribes or kickbacks, are not recognized for the purposes of tax assessment,” the Ministry said in a statement

Posted: 4th, September 2012 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Guardian’s Larry Elliott gets numbers wrong on meat eaters

YES, yes, of course we should all go off an become vegetarians. Far too many people about eating too much meat and the only way we can feed us all is with mung beans. And lentils.

This may or may …

Posted: 3rd, September 2012 | In: Money, The Consumer | Comments (4) | Follow the Comments on our RSS feed:RSS 2.0


Apple’s suing Samsung: Yes, =again

WE’VE only just had the news that Apple has won big by suing Samsung over certain patents on mobile phones. What seems to have been missed is that there’s another case coming through the system. Yes, Apple v Samsung again. …

Posted: 31st, August 2012 | In: Money, Technology | Comments (2) | Follow the Comments on our RSS feed:RSS 2.0


The LibDems have a bloody good idea: the accessions tax

WHO knew that they had it in them? The Lib Dems that is, being capable of offering up a good idea?

Replace inheritance tax with an “accessions tax” on beneficiaries of estates. A section on wealth taxes in a

Posted: 30th, August 2012 | In: Money | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


How can we measure the result of privatising NHS England?

HOW surprising to see in The Guardian the usual moan about how flogging off the NHS is a very bad idea indeed. Which it might actually be but the really interesting question is how would we find out?

As

Posted: 29th, August 2012 | In: Money | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


Gay couple sue airline that taped dildo their luggage

LEGAL news: Christopher Bridgeman and Martin Borger are suing Continental Airlines. The couple claim they were humiliated when the dildo they’d packed into their luggage was removed by persons unknown, covered in a greasy substance and taped to the outside …

Posted: 29th, August 2012 | In: Money, The Consumer | Comments (10) | Follow the Comments on our RSS feed:RSS 2.0


There ain’t no such thing as a solution: only tradeoffs

THERE’S a point that the subject of economics really tries very hard to get across. There’s no such thing as a solution: there are only tradeoffs. These tradeoffs come in a series or more or less acceptable ones, true, but …

Posted: 28th, August 2012 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Both Apple and Samsung found guilty!

BOTH Apple and Samsung Guilty! Probably the best result possible in the ongoing patent wars between the two companies. They’re both very naughty little boys. Unfortunately this is the verdict in the South Korean case, not in the girt big

Posted: 24th, August 2012 | In: Money, Technology | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


Unholy nonsense about food speculation at Glencore

UNHOLY nonsense about food speculation at Glencore. In fact, not just nonsense, but drivel. Glencore has said that as there are droughts and food shortages then this is a good business opportunity for them:

Glencore’s director of agriculture trading,

Posted: 23rd, August 2012 | In: Money | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


Why bosses get paid more

WHY bosses are paid more. Or at least, why good bosses should get paid more.  Interesting research from the real world:

Three findings stand out. First, the choice of boss matters. There is substantial variation in boss quality as

Posted: 22nd, August 2012 | In: Money | Comments (3) | Follow the Comments on our RSS feed:RSS 2.0


How do you export electricity like Iceland? you don’t

YOU don’t export electricity. Or at least the country which is most successful at exporting electricity doesn’t in fact export electricity. Iceland has lots of luvverly cheap green ‘leccie. It’s also miles n’ miles from anywhere and trying to cable …

Posted: 21st, August 2012 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Lord save us from newspaper fools: on the Thames Estuary airport and Severn Barrage

LORD save us form the newspaper fools. Especially the fools who write the editorials. Here’s the Daily Telegraph shouting that we must have lots more infrastructure spending:

It is little wonder that bold, longer term projects such as a

Posted: 20th, August 2012 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


“I promise I am not smoking crack” declares Apple lawyer to judge

THIS Apple v Samsung patent fight is actually getting rather interesting at last. The judge asked one of Apple’s lawyers yesterday whether he was smoking crack, leading to distinguished counsel having to deny it.

Judge Lucy Koh has grown

Posted: 17th, August 2012 | In: Money, Technology | Comment | Follow the Comments on our RSS feed:RSS 2.0


If our companies are going bust because of China’s subsidies, what should we do?

A NICE little conundrum: if all our solar panel companies are going bust because of Chinese competition then what should we be doing about it? And our solar companies, the US and the European ones, are all going bust. …

Posted: 16th, August 2012 | In: Money | Comments (5) | Follow the Comments on our RSS feed:RSS 2.0


An entirely astonishing observation on cheap flights from the Daily Mail

DID you read the news in the Daily Mail? No, amazingly it’s not that cancer causing immigrants damage house prices. Nor even that immigrants raising house prices cure cancer. Rather, it’s that markets work:

Holiday money firms are setting

Posted: 15th, August 2012 | In: Money, The Consumer | Comments (2) | Follow the Comments on our RSS feed:RSS 2.0


How not to use Twitter

THIS is how not to use twitter. Let’s say that you’re a very rich person indeed. Billions of $ worth of rich. And in fact you’re so rich that lots and lots of money is spent on your security each …

Posted: 14th, August 2012 | In: Money, Technology | Comment | Follow the Comments on our RSS feed:RSS 2.0


Adrian and Gillian Bayford win £148m on the Lottery – Nigeria celebrates

ADRIAN Bayford, 41, and his wife Gillian, 40, of Haverhill in Suffolk , won £148m on the EuroMillions lottery.

Mrs Bayford tells media (and if she want to buy some, she can take her pick of titles):

“I looked up

Posted: 14th, August 2012 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Now we get the bollocks about the Olympics being a blueprint for the economy

NOW that the actual Olympics Games themselves are over all we’ve got left are the vacuous claiming them as support for their fat headed plans. Will Hutton, of course, did this in yesterday’s Observer. But a much more interesting …

Posted: 13th, August 2012 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Is The Daily Mail insane?

IS the Daily Mail insane? This headline is simply unbelievable:

Record number of buy-to-let mortgages worth more than £160bn drives up rent bills

In what universe does an increase in the number of houses for rent push up the …

Posted: 10th, August 2012 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0