Archive for September, 2008

The most dangerous financial cliché in history

Tuesday, September 30th, 2008

“You can’t go wrong with bricks and mortar.”

This may go down in history as the most dangerously mistaken cliché ever uttered.

Over the weekend, another British high street bank has been nationalised. US politicians have been debating non-stop over an emergency bail-out that effectively part-nationalises the entire banking system. And a European bank, Fortis, is also being taken over by the state with the help of no fewer than three countries’ governments.

Amid all the wailing about the capitalist system, all the blame-throwing between investment banks and government ministers, we should remember that all this boils down to one stupid but widely-held belief.

That property prices could only go up…
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Mohammed novel: Author attacks academic behind ‘pornography’ claim

Tuesday, September 30th, 2008

Martin Rynja, whose Gibson Square publishing house will release The Jewel of the Medina in the UK next month, is under police protection following the incident in Islington, north London, in the early hours of Saturday morning.

The book, by American author Sherry Jones, focuses on Mohammed’s relationship with his young bride Aisha, and has also been the subject of warnings by Islamic extremists of a wave of reprisals if it is published. for more click here

Financial crisis: pound falls most in 15 years in wake of B&B nationalisation

Tuesday, September 30th, 2008

The pound tumbled against the dollar and British banking shares were hit in London as the nationalisation of Bradford & Bingley underlined the weakening state of the UK economy. for more click here

House votes down bail-out package

Monday, September 29th, 2008

The lower house of the US Congress has voted down a $700bn (£380bn) plan aimed at bailing out Wall Street.

The rescue plan, a result of tense talks between the government and lawmakers, was rejected by 228 to 205 votes in the House of Representatives.

About two-thirds of Republican lawmakers refused to back the rescue package, as well as 95 Democrats. for more click here

Netanyahu’s Plans

Monday, September 29th, 2008

Netanyahu to Arutz-7: The issue is not how much of the Land of Israel we want, but how much the present government wants to give away. for more click here

Cameron condemns lack of Muslim integration in Britain

Monday, September 29th, 2008

David Cameron has launched himself into the debate on ‘Britishness’ claiming that young Muslims are becoming more separated from society than their parents.

He claimed the UK was facing a growing problem of “cultural separatism” where the next generation of British Muslims were further away from mainstream society than the previous generation.for more click here

Muslim sues Tesco over alcohol

Monday, September 29th, 2008

A Muslim said he is suing Tesco for religious discrimination because he was asked to handle crates of alcohol in a warehouse.

Mohammed Ahmed, 32, was employed at the supermarket giant’s Lichfield depot in September last year for a job that included transporting various goods on fork-lift trucks. for more click here

Salmond targets Qatar for cash

Monday, September 29th, 2008

ALEX Salmond is to ask a cash-rich Arab state to stump up billions of pounds to pay for desperately-needed upgrades to Scotland’s creaking road, rail and power networks.
The First Minister will head to Qatar next year with plans to persuade the oil-rich emirate to act as Scotland’s banker. Salmond wants Qatar to loan funds for massive capital projects the Scottish Government cannot afford, including the £4bn new Forth Road Bridge and a £5bn undersea electricity cable. for more click here

(Editors opinion-O, would, or I had seen the day
That Treason thus could sell us,
My old grey head had lain in clay (be buried)
With Bruce and loyal Wallace!
But pith and power, till my last hour
I will make this declaration :-
‘We are bought and sold for Arab gold’-
Such a parcel of rogues in a nation!

What hypocrites the SNP are!! Potentially putting Scotland into debt for decades and what will they expect in return!!

North London terror arrests linked to publication of Muslim book

Monday, September 29th, 2008

The arrests are thought to be linked to a fire at a property in Islington, north London, which is used as the home and office of publisher Martin Rynja.

His company, Gibson Square, recently agreed to publish a controversial novel about the prophet Muhammad and his child bride, entitled The Jewel of the Medina. The blaze, which led to people being evacuated from the house, may have been started by a petrol bomb pushed through the letter box. for more click here

What to do if you’re sacked

Monday, September 29th, 2008

Insurers are refusing to renew cover for Halifax Bank of Scotland (HBOS) and Lloyds TSB staff, as fears grow over job losses in financial services.

Hitachi Capital, which has 330,000 UK customers, refused to renew a Lloyds TSB employee’s mortgage-payment protection policy at renewal this month, removing cover when he needed it most. for more click here