UK’s former top drug official: Coke-head bankers caused financial crisis (via Raw Story )The former top drugs adviser to Britain’s parliament told UK newspaper The Telegraph on Sunday that risk-taking behaviors behind the financial crisis of 2008 were driven by excessive cocaine consumption by the world’s banking elite. “Bankers use cocaine and got us into this terrible mess,”…
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The UK remains firmly under the control of the financial class. Their minimum wage rise is, of course below the rate of inflation, as is required by the current economic regime. The rich go up fast and Good middle class jobs can rise at or slightly above inflation while the poor get squeezed, year after year, by design. I think it is the academics way of ensuring demand for their education services. It makes the statistics appear as if education causes people to raise themselves from poverty. Convenient.
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