David Cameron to take on the ‘Ukip fruitcakes’ with EU referendum – Telegraph

May 2, 2013 By dralfoldman in Austerity, Coalition, David Cameron, Growth, Healthcare, Immigration, Local Authorities, Local Government, Politics, UK, Unemployment Tags: Conservative, David Cameron, EU Referendum, Kenneth Clarke, Nigel Farage, Tories, Tory, UK Independence 4 Comments

English: David Cameron's picture on the 10 Dow...

English: David Cameron’s picture on the 10 Downing Street website (Photo credit: Wikipedia)

UK Independence Party

UK Independence Party (Photo credit: Wikipedia)

This is a major political story reported in the Telegraph. Check it out!

David Cameron to take on the ‘Ukip fruitcakes’ with EU referendum – Telegraph.

Clearly, UK Prime Minister David Cameron is worried. He should not just be worried by the UK Independence Party, he should be worried what voters think of the appalling record of his Coalition Government. The Tories and the Liberals (their Coalition partners) are widely expected to take a hammering in today’s local elections in the UK.

Any thoughts?

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BOJ says monetary base soars to record on new QE scheme | Reuters

May 2, 2013 By dralfoldman in Austerity, Business Administration, Central banks, Growth, Japan, Politics, Unemployment Tags: Asia, Bank of Japan, European Central Bank, Japan, Japanese yen, Monetary base, Quantitative easing, Reuters 2 Comments

Bank of Japan

Bank of Japan (Photo credit: mjaniec)

Русский: Bank of Japan

Русский: Bank of Japan (Photo credit: Wikipedia)

Japan

Japan (Photo credit: Yashar.Mans)

This is an interesting story published by Reuters and worth a read. Check it out!

BOJ says monetary base soars to record on new QE scheme | Reuters.

After over ten years of unnecessary pain, Japan has seen the light and the Bank of Japan is following an aggressive strategy of quantitative easing.

Let’s hope that the ECB sees the light today, and Europe is not forced to an unnecessary ten years of pain, like Japan.

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