J Morgan 🐉🏴
18.5K posts

J Morgan 🐉🏴
@morgan_jamz
Doing nothing is always an option Here for the song and dance Nemo me impune lacessit





The state pension is not a random government favour, it’s the back end of a 35–40 year compulsory “contract” where people are forced to hand over National Insurance on the clear promise of a basic pension at the end. Politicians and think tanks helped design an unfunded, pay‑as‑you‑go system where today’s workers pay today’s pensioners, then have the gall to call it “unsustainable” as if the public dreamt it up. If a private firm sold you a retirement product on fixed terms, took your money for four decades, then announced at 66 that you “didn’t really need it” and would henceforth be means‑tested or frozen, they would be in court for mis‑selling and fraud. The crisis here is not pensioners “leeching off the young”, it’s a political class that built a Ponzi‑style NI system, diverted the proceeds for other spending, and now wants to default on the people who kept their side of the bargain. You do not blame the victims of a defective product for believing the brochure; you go after the people who wrote it.


Struggling High Streets fuel sense of neglect for voters ahead of local elections bbc.in/4t7yZev


People rave about Waverley station but for me, Glasgow Central is Scotland’s great terminus. Full of light, easy to find your platform, and lovely old wood shop fronts.




Tesco argues equal pay claim disregards ‘economic reality’ ft.trib.al/k5n8n5E





There are a few candidates over the last decade in the UK - but I think DC pension regulation has to be the winner for lowest political salience to highest economic damage. The second-order effects of this are just devastating. From @emmacduncan’s great column in The Times today (£)





@whippletom Banks don’t invest very much in stocks, they have some in bonds for liquidity purposes, and the rest in short term credit facilities like overdrafts, medium term corporate loans, and long term mortgages. Tax free cash ISAs are in effect a subsidy on the interest they had to pay.



American women will stick a newborn in a crib across the house, hook up a speaker system, and sprint up and down the hallway several times a night. The co-sleeping Nordic brain cannot comprehend.

'A Blue Room in Kensington.' (1930) An art critic reviewing an exhibition by James Durden wrote in her report: 'Mr. Durden’s chief trait in common with other Manchester born artists is his adherence to light, clean colour, and other qualities quite foreign to Lancashire.'







