Second hour: investigative reports: with tax justice campaigner Richard Murphy. Interview with tax justice expert Richard Murphy, discussing this weeks Budget: Osbornes failures â less money in and more benefits payments â no chance whatever of a surplus; poor quality press coverage of Budget â microeconomics not macroeconomics covered by London media, no mention of Mervyn King predicting another crash; 2008 banking crisis â banking problems still not addressed; spending Peoples QE into the economy on infrastructure; effects of QE used to bail out banks; dealing with tax havens â start with transparency; money off the gold standard â all money is debt, inflation; Positive Money - get away from debt based money? Mervyn King on Andrew Marr show â whose really running things? â Bank of England run by government; Budget - banks will not be prosecuted for foreign exchange fraud; suicide bomber banks: power of banks â knew government would bail them out in 2008; German and UK stock markets could merge with German boss Carsten Kengeter, who ran the Libor fraud department for Swiss UBS bank, in charge; Adam Smith Institute says people on benefits are genetically different; Richards book Joy of Tax and search him online to see his blog. Kevin Cahill discusses the latest on his court case against US internet giants for taking money from NSA to spy on British citizens â Safe Harbour and PRISM, Snoopers Charter, NSA gives £20m a year to Microsoft.
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