campaigner/writer. writing a phd on the ‘precariat’. 'b' in the alphabet mafia. he/they
london
Joined July 2009
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carl packman retweeted
There have been recent calls for the FCA to review its creditworthiness and affordability rules but these regulations are not the problem. The cost-of-living crisis has made consumer credit unaffordable for many. Our blog bit.ly/3B8ALHk
another lefty, @piersmorgan?
@mehdirhasan
“[the BoE] is now paying 5% interest on £700bn of bank reserves at cost to the exchequer of £35bn a year … [but not paying] one-third of the reserves … would save [the chancellor] just over £22bn a year … without the need for spending cuts or tax rises” theguardian.com/business/art…
new paper finds that "self-disciplined behaviour indebted employees adopt to avoid losing income and defaulting does not only make them more risk-averse in their individual wage negotiations, but also makes them less willing to unionise." tandfonline.com/doi/full/10.…
macron's party has taken to condescending the left, calling lucie castets' attempt to be prime minister a "publicity stunt" and saying she can't just "improvise parliamentary work". but she has a plan for france, whose state has the largest debt in europe politico.eu/article/france-p…
"To ... Thiel & Musk, bitcoin is both the technological & political expression of what they believe ... Thiel has even suggested that democracy is incompatible with capitalism ... the US Federal Reserve is the deep state in its most harmful form". sigh ft.com/content/3821ff74-e695…
one of the problems of housing as an asset, not a basic necessity, is that the moment it’s not giving the desired amount of profit to landlords they sell up and displace those renting from them. this trend has fucked a load of my friends in london already telegraph.co.uk/business/202…
when netanyahu congress that israel has taken more precautions to prevent civilian harm than any military in history he was lying. un reports contradict him. now an icc arrest warrant is out for him for war crimes and today the uk will not challenge that aljazeera.com/news/2024/7/26…
despite judge explicitly saying sentencing is proportionate to this incident & no other (para44), clearly it was considerate of perception of criminal law (not a crime) and made harsher ("exemplary") as a warning/deterrent. They're being made examples of judiciary.uk/wp-content/uplo…
"the basic fault-line is between the kind of nativist-populist right and social democracy". half right. it's no longer centre right in uk posing a threat. to stem it, we need economic populism & redistribution. social democracy is historically lily-livered theguardian.com/inequality/a…
"Tonight Louisiana defeated the darkness of hate, bigotry and division, but where will the next challenge come from? Will it be in another campaign in Louisiana? ... Or a campaign for president of the United States?"
a v good long read/warning theguardian.com/us-news/arti…
it’s giving gazza
Hey @realDonaldTrump I’m flying over to come and give you some advice… you up for chat? ❤️
approx 1 in 9 children (1.6 million) are affected by the two-child limit, and removing it would reduce relative child poverty by approximately 360,000 children. this is the thanks the labour government gives for caring about that.
