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Showing posts with the label Economics

Credit Crunch - the lighter side

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On my trips around the motorway yesterday and today, I have listened to the news rather more than usual given that Gordon Brown has now gambled wisely invested so much of our money on bailing out the big banks. My friend at the Treasury emailed me a joke that is going round there and this reminded that the British are quite good at cracking black jokes in these circumstances. Here is a selection from those recycled in various places around the web. I went to the ATM this morning and it said "insufficient funds". I'm wondering is it them or me. With the current market turmoil, what's the easiest way to make a small fortune? Start off with a large one. What's the difference between an investment banker and a London pigeon? The pigeon can still make a deposit on a new Porsche. What's the capital of Iceland? About £3.50 Masked man walks into a bank with a gun: "I don't want any money - I just want you to start lending to each other..." Talk in the C...

Fair Trade clergy shirts

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My attention has been drawn to a website that offers Fair Trade clergy shirts . Currently, only the "tunnel collar" variety are available: I have been criticised for wearing these. I certainly would not wear blue jeans and a white belt, though (I hope they are Fair Trade too.) It does seem that christian charitable organisations have assumed that there is no discussion needed about the merits of the Fair Trade movement which has drawn criticism from both ends of the political spectrum. At Wikipedia there is a comprehensive article on the Fair Trade Debate with criticisms and responses so that you can begin to make a judgement about the matter.

"Diversity Toolkit" at HM Gov

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Her Majesty's Treasury was the venue for my lunch last week as I was meeting a friend who works there. I asked my friend for his views on the current end of the world global economic meltdown and he reminded me that it was the 16th anniversary of " Black Wednesday " which demonstrated that with the huge amounts of money sloshing around the foreign exchanges, there is little that government intervention can achieve in these situations - a lesson that governments find difficult to learn. The Treasury has a "Multi-Faith Prayer Room". This is kitted out with a shower, prayer mats and sandals, and had separate rooms for men and women. I wondered whether perhaps "multi-faith" meant sunni, shi'ite and sufi but there was also a bible on a table in the corner of the foyer. Next to the bible, there was a copy of the Treasury's "Diversity Toolkit" which includes a number of icebreaker games with "facilitator" and "participants...

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