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	<title>Steve Baker MP &#187; Finance</title>
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	<link>http://www.stevebaker.info</link>
	<description>One life. Live it.</description>
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		<title>Accessible and insightful fiscal analysis with Ray Stevens</title>
		<link>http://www.stevebaker.info/2011/09/ray-stevens/</link>
		<comments>http://www.stevebaker.info/2011/09/ray-stevens/#comments</comments>
		<pubDate>Mon, 05 Sep 2011 08:20:06 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Fun]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Ethics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[humour]]></category>
		<category><![CDATA[Inflation]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9945</guid>
		<description><![CDATA[American musician Ray Stevens has produced this superb analysis of the Obama Budget Plan: I&#8217;m sure Ray has much to teach politicians and the public in the UK and Europe too, particularly about ethics and decency in the public finances. For more on that subject, see Jörg Guido Hülsmann&#8217;s brilliant book The Ethics of Money Production ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/09/ray-stevens/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Vampire squid state capitalism &#8211; a debate on the Private Finance Initiative</title>
		<link>http://www.stevebaker.info/2011/06/pfi-debate/</link>
		<comments>http://www.stevebaker.info/2011/06/pfi-debate/#comments</comments>
		<pubDate>Fri, 24 Jun 2011 07:52:21 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Corporatism]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Hospital]]></category>
		<category><![CDATA[NHS]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[PFI]]></category>
		<category><![CDATA[Wycombe]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9614</guid>
		<description><![CDATA[My colleague Jesse Norman MP has done some fantastic work towards obtaining rebates on exorbitant private finance initiative (PFI) contracts. See for example his article It is time to derail the PFI gravy train. To that end, yesterday we held a lengthy debate in Westminster Hall which you can find here. PFI really matters to Wycombe and Buckinghamshire, ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/06/pfi-debate/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Inflation Must End in a Slump – Mises Institute</title>
		<link>http://www.stevebaker.info/2011/06/inflation-must-end-in-a-slump-mises-institute/</link>
		<comments>http://www.stevebaker.info/2011/06/inflation-must-end-in-a-slump-mises-institute/#comments</comments>
		<pubDate>Fri, 03 Jun 2011 06:00:48 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Market Intervention]]></category>
		<category><![CDATA[Mises]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9496</guid>
		<description><![CDATA[It was briefly fashionable to admit that interest rates were too low for too long, leading to a boom built on expansionist monetary policy. Unfortunately (related link my own): Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/06/inflation-must-end-in-a-slump-mises-institute/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial regulation and the deception of government intervention » The Cobden Centre</title>
		<link>http://www.stevebaker.info/2011/06/financial-regulation-and-the-deception-of-government-intervention-%c2%bb-the-cobden-centre/</link>
		<comments>http://www.stevebaker.info/2011/06/financial-regulation-and-the-deception-of-government-intervention-%c2%bb-the-cobden-centre/#comments</comments>
		<pubDate>Wed, 01 Jun 2011 09:00:48 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Cobden Centre]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[interventionism]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[Rule of Law]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9504</guid>
		<description><![CDATA[I have written today on financial regulation for The Cobden Centre: In the aftermath of the financial crisis, we are now going down a road towards ‘judgement-based’ regulation of financial firms in an attempt to salvage capitalism. It is proposed that firms will be supervised by what amount to shadow management teams of disinterested, public-spirited individuals ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/06/financial-regulation-and-the-deception-of-government-intervention-%c2%bb-the-cobden-centre/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Eurozone Financial Assistance &#8211; so much for Parliament asserting itself?</title>
		<link>http://www.stevebaker.info/2011/05/eurozone-financial-assistance-so-much-for-parliament-asserting-itself/</link>
		<comments>http://www.stevebaker.info/2011/05/eurozone-financial-assistance-so-much-for-parliament-asserting-itself/#comments</comments>
		<pubDate>Tue, 24 May 2011 08:13:30 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Bailout]]></category>
		<category><![CDATA[Democracy]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Parliament]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9446</guid>
		<description><![CDATA[As you can see on today&#8217;s order paper, Mark Reckless MP has courageously brought forward the following motion, which I have signed (emphasis mine): EUROZONE FINANCIAL ASSISTANCE That this House notes with concern that UK taxpayers are potentially being made liable for bail-outs of Eurozone countries when the UK opted to remain outside the Euro ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/05/eurozone-financial-assistance-so-much-for-parliament-asserting-itself/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Bill to expose banks’ false profits, overstated capital and hidden losses</title>
		<link>http://www.stevebaker.info/2011/05/a-bill-to-expose-banks%e2%80%99-false-profits-overstated-capital-and-hidden-losses/</link>
		<comments>http://www.stevebaker.info/2011/05/a-bill-to-expose-banks%e2%80%99-false-profits-overstated-capital-and-hidden-losses/#comments</comments>
		<pubDate>Mon, 16 May 2011 11:52:46 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Financial Services (Regulation of Deposits and Lending) Bill]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[Responsibility]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=9416</guid>
		<description><![CDATA[My Financial Services (Regulation of Derivatives) Bill has now been printed, ready for second reading on 10 June. You can obtain the PDF here and track the Bill&#8217;s progress here. The press release, including links to background evidence and press coverage, is here. When I introduced my Bill on 15 March, I explained how the accounting rules ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/05/a-bill-to-expose-banks%e2%80%99-false-profits-overstated-capital-and-hidden-losses/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>A smaller budget for the EU please</title>
		<link>http://www.stevebaker.info/2010/10/a-smaller-budget-for-the-eu-please/</link>
		<comments>http://www.stevebaker.info/2010/10/a-smaller-budget-for-the-eu-please/#comments</comments>
		<pubDate>Wed, 13 Oct 2010 20:59:33 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=8265</guid>
		<description><![CDATA[I chose tonight to support Douglas Carswell&#8217;s modest and conservative amendment to the draft EU Budget Bill: Line 2, leave out from ‘2011’ to end and add ‘is concerned at the above-inflation increase being made to Britain’s EU budget contribution; believes that, at a time when the Government is poised to make reductions in public ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2010/10/a-smaller-budget-for-the-eu-please/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ten plans for financial reform</title>
		<link>http://www.stevebaker.info/2010/09/ten-plans-for-financial-reform/</link>
		<comments>http://www.stevebaker.info/2010/09/ten-plans-for-financial-reform/#comments</comments>
		<pubDate>Fri, 03 Sep 2010 11:20:23 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Cobden Centre]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Reform]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=8008</guid>
		<description><![CDATA[Over at The Cobden Centre, I have introduced and listed ten substantial plans for financial reform: Since The Cobden Centre was established by original founder Toby Baxendale, Dr Tim Evans, Dr Anthony J Evans and the author, we have assembled ten plans for financial reform which promise to deliver honest money and social progress. These ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2010/09/ten-plans-for-financial-reform/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Equitable Life update</title>
		<link>http://www.stevebaker.info/2010/07/equitable-life-update/</link>
		<comments>http://www.stevebaker.info/2010/07/equitable-life-update/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 12:58:39 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Equitable Life]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Incompetence]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=7800</guid>
		<description><![CDATA[At 13:00 today, I attended a busy Westminster Hall debate on Equitable Life secured by Nicola Blackwood MP, to which the minister, Mark Hoban MP, responded. Nicola covered the situation incisively. Many of us made an exception to sign the Equitable Life pledge during the campaign and we do expect it to be fulfilled. Many ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2010/07/equitable-life-update/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How can we re-think government to deliver more for less?</title>
		<link>http://www.stevebaker.info/2010/07/how-can-we-re-think-government-to-deliver-more-for-less/</link>
		<comments>http://www.stevebaker.info/2010/07/how-can-we-re-think-government-to-deliver-more-for-less/#comments</comments>
		<pubDate>Sat, 10 Jul 2010 15:31:49 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[HS2]]></category>
		<category><![CDATA[Rail]]></category>
		<category><![CDATA[Spending Review]]></category>
		<category><![CDATA[Waste]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=7759</guid>
		<description><![CDATA[Via HMT &#8211; Spending Challenge, an attempt to &#8220;crowd source&#8221; government spending: The Spending Challenge is your chance to help shape the way government works. We need to reduce the deficit by cutting public spending in a way that is fair and responsible &#8211; and you can help. It could be something small that is quick ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2010/07/how-can-we-re-think-government-to-deliver-more-for-less/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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