Asset Purchase or Quantitiative Easing, whats the difference?

Last night in an interview the governor of the Bank of England explained that this time the £75bn of Quantitative Easing is being spent buying assets off the banks and local and devolved government gilts (bonds)

This differes from being spent on current expenditure and allows for the state to have the capital to borrow against for infrastructure improvements such as HS2, IEPs, Croxley Rail Link and rail electrification. It may damage the banks in the short term in their ability to get international capital themselves but it allows for a stable micor economy which prevents the collapse of the stock exchange in other countries and stable global sovereign debt restructuring similar to Breeton woods and after the first world war.

That is how it is done in Capitalist states with out command economies, and if you have a look at North Korea and Cubas historic economic track record when they've tried to do things unilaterally, you can see why.

Thats why its the correct term for teh correct set of circumstances that teh Uk is now in in order to rebalance its regional economies from one based solely in SE England.

Why I'm putting it so bluntly re the economy

The simple fact is that the UK economy is stable by paying back the deficit which instead of imperial adventures is paying for the following

Cushioning the debt write off of 2005 that saved africa and latin america from civil wars and economic disasters (Gleneagles accord 6/7/05).

Supporting the IMF bail out economies outside of teh EU

Supporting reconstruction as part of the Arab spring

Supporting a two state solution in the Holy Land (Israel and Palestine to teh Richard Dawkins who read this and accoridning to recognised international law)

In short if you pardon my use of colloquial if someone was to do / be a rosser with the stock exchange for short term micro economic advantage, the price would be global economic migration and Piracy in teh Aegean and Bosphorous, upsetting any new Palestinian state.

Thats why you need a stable metropolitan / tri city / greater Jerusalem, Bethlehem Ramallah area as to put it in its absolute clarity, Israel wouldn other wise not have enough Zorans without teh help of modern Day Bonds and Leiters and their one off operations could provoke intifada esque reprisals that undermine any UN brokered agreement.

Thats why polcing the seas is best left o the Navies under international law on the advice of police, interpol and intelligence agencies.

Diolch Yr Bawb a Plynhawn Dda (the only welsh phrase i know well enough in translation at present- thank you and good afternoon

The options re greece in a nutshell

Two options for Greece:
1) Default and become a basket case country with th drachma which risks stability in teh Eastern Med
2) Sovereign debt restructuring over a longer time period to be done by all governments at teh UN / IMF to prevent some economic whiz kid doing a one off Nick Leeson / George Soros and collapse the stock exchange

3) breaking the euro in two as part of said UN talks so that the Med countries with seasonal tourist economies have one common currency and those countries that work all year round have another (rather crudely put for which I humbly apologise but frankly I think It needs putting like that)

Mosque vandalism in the Holy Land condemned by a Rabbi

There has been a mosque burned down in Israel / Paelstine. It has been condemned by all faith leaders and teh relevant interfaith forum of Israels head, Rabbi Ron Kronish in a press release.

Pardon my taking his name for a moment but for Gods sake don't let this descend into an intifada with tit for tat reprisals. The Palestinians have accepted in an interview today on Russia Today teh need only to have East Jerusalem and 'two capitals side by side.'

As an Anglican Christian and soemone who has studied regional / national / capital government I think on practical grounds both states will need to cooperate to prevent any Berlin farce like situations from the Cold War. Ideally to prevent border walls going through places of worship the territories of Bethlehem Ramallah and Jerusalem should in my opinion be a common metropolitan area.

However that is for the peoples of Israel and Palestine to decide based on the recommendations and elected mandates of their governments.

Are child rioters career criminals?

If the rioters are really career criminals at teenage age, shouldn't the objective be to find out who taught them to make the molotovs, light the fires and throw the bricks?