Friday, January 09, 2009

fake Tory chat

The Labour website has created a fake Tory chat room where they criticise the opposition for having a 'do nothing' approach. While funny for a moment it really is pointless and shows that Labour has the wrong priorities.

Thursday, January 08, 2009

Rate cuts

Interest rate cuts must stop now. Millions of savers are penalized for
the wrong reasons. Prudence is gone. Given inflation money actually
loses its value even if held in an account. The bill will come when
the economy picks up again and credit will be dangerously cheap.

Sent from my iPhone

Wednesday, January 07, 2009

Blue Note turns 70

The famous jazz label turns 70

Unemployment in Germany

Unemployment has been traditionally higher in post 1990 Germany than in the UK, for instance. But recently the social reforms have kicked in and unemployment has fallen. However, given the recession, it is likely to rise again. Here is a map of Germany with recent unemployment rates by Bundesland, last year's rate in brackets. This map shows again that East Germany still lags behind the West in unemployment rates which are the lowest in Bavaria.