Tag: poverty

What the frack?

Byartsyhonker August 17, 2013 4 Comments
The Church of England on Friday issued a press release about fracking (hydraulic fracturing). It declared that there is no official CofE policy on this issue. Be that as it may, the tone of the press release is mostly positive, and there is an implication that lower fuel prices as a result of fracking will ease financial pressure on some of society's poorest and most vulnerable people. I do not...

Subversive, wonderful economic activism: Rolling Jubilee

Byartsyhonker November 9, 2012 0 Comments
I've commented a few times on Twitter that we in the West do not have a debt problem so much as a usury problem. I won't say that charging interest is always evil: in the case of someone starting a new business and needing to borrow in order to do so, or someone buying a home and needing a mortgage, I believe it is fair to charge some interest. I do think that punishingly high interest rates are...