Foresight

Owners of capital will stimulate  the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their  debt  becomes unbearable. The unpaid debt will lead to bankruptcy  of banks, which will have to be nationalised and the State  will  have to take the road which will eventually lead to State
intervention and thus Communism."
                                                              
Karl Marx                                                   
Das Kapital 1867

Appeal to MP to pursue source of original Northern Rock leak.

Robin Ashby has today written to Jim Cousins MP, MP for Newcastle Central and a member of the Treasury Select Committee, in the following terms:

Dear Jim,

As you know, the Northern Rock Small Shareholders Group is not a party to the legal proceedings currently under way. The story on page 41 of today's Times is therefore the first we've heard about the evidence of John Kingham, ex Treasury, about who is responsible for the first leak to Peston of the BBC.
Can I therefore urge you to take up the cudgels again to try to find out through Parliament who in effect caused the run on the bank - and arguably made a substantial contribution to some of our current problems - by premature disclosure.
With best wishes
Robin Ashby