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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>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 are ]]></description>
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		<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 older ]]></description>
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		<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 and easy ]]></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>
		</item>
		<item>
		<title>The future of public debt: prospects and implications</title>
		<link>http://www.stevebaker.info/2010/04/the-future-of-public-debt-prospects-and-implications/</link>
		<comments>http://www.stevebaker.info/2010/04/the-future-of-public-debt-prospects-and-implications/#comments</comments>
		<pubDate>Mon, 19 Apr 2010 07:18:23 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[BIS]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Fiscal policy]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=7207</guid>
		<description><![CDATA[Via the Cobden Centre, a report from the Bank for International Settlements on public debt.
Since the start of the financial crisis, industrial country public debt levels have increased dramatically. And they are set to continue rising for the foreseeable future. A number of countries face the prospect of large and rising future costs related to ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2010/04/the-future-of-public-debt-prospects-and-implications/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cranmer: Conservatives launch Debt Clock</title>
		<link>http://www.stevebaker.info/2009/12/cranmer-conservatives-launch-debt-clock/</link>
		<comments>http://www.stevebaker.info/2009/12/cranmer-conservatives-launch-debt-clock/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 14:16:30 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Incompetence]]></category>
		<category><![CDATA[New Labour]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=6550</guid>
		<description><![CDATA[Via Cranmer: Conservatives launch Debt Clock:
What you could buy with the interest on Labour’s debt:
If Britain was not going to spend £63.7 billion a year on debt interest, we could:
Abolish fuel duty, inheritance tax, and stamp duty or
Abolish council tax or
Pay for 1.5 million extra police officers or
Pay for 1.6 million extra teachers or
Pay for 1.9 ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/12/cranmer-conservatives-launch-debt-clock/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How to avoid future encounters with financial meltdown » The Cobden Centre</title>
		<link>http://www.stevebaker.info/2009/11/how-to-avoid-future-encounters-with-financial-meltdown-%c2%bb-the-cobden-centre/</link>
		<comments>http://www.stevebaker.info/2009/11/how-to-avoid-future-encounters-with-financial-meltdown-%c2%bb-the-cobden-centre/#comments</comments>
		<pubDate>Wed, 18 Nov 2009 09:53:19 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Cobden Centre]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=6389</guid>
		<description><![CDATA[My Cobden Centre colleague and Chief Executive of Tyler Capital, James Tyler, explains how we came close to financial collapse and what to do about it:
Fractional Reserve Banking (FRB) is an inherently unstable complex system.
Each and every bubble and crisis has some kind of link to FRB, going back thousands of years.
Even where financial crises ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/11/how-to-avoid-future-encounters-with-financial-meltdown-%c2%bb-the-cobden-centre/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Irving Fisher, &#8220;100% Money&#8221;</title>
		<link>http://www.stevebaker.info/2009/08/irving-fisher-100-money/</link>
		<comments>http://www.stevebaker.info/2009/08/irving-fisher-100-money/#comments</comments>
		<pubDate>Mon, 03 Aug 2009 23:40:19 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[100% Money]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[Cobden Centre]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Irving Fisher]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=5615</guid>
		<description><![CDATA[Via The Cobden Centre » Honest money, a summary of economist Irving Fisher&#8217;s &#8220;100% Money&#8221;:
The 100% proposal is the opposite of radical. What it asks, in principle, is a return from the present extraordinary and ruinous system of lending the same money 8 or 10 times over, to the conservative safety-deposit system of the old ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/08/irving-fisher-100-money/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FTSE 100: stock market has best month in more than six years &#8211; Telegraph</title>
		<link>http://www.stevebaker.info/2009/08/ftse-100-stock-market-has-best-month-in-more-than-six-years-telegraph/</link>
		<comments>http://www.stevebaker.info/2009/08/ftse-100-stock-market-has-best-month-in-more-than-six-years-telegraph/#comments</comments>
		<pubDate>Sat, 01 Aug 2009 05:43:45 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Market Intervention]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Quantitative Easing]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=5600</guid>
		<description><![CDATA[Via FTSE 100: stock market has best month in more than six years &#8211; Telegraph:
The stock market has enjoyed its best month in more than six years, boosting the savings of millions of investors and bringing hope that the worst of the recession may be over.
The FTSE 100 index of leading shares climbed 8.5 per ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/08/ftse-100-stock-market-has-best-month-in-more-than-six-years-telegraph/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Norwich North, the Greens and the credit crisis</title>
		<link>http://www.stevebaker.info/2009/07/norwich-north-the-greens-and-the-credit-crisis/</link>
		<comments>http://www.stevebaker.info/2009/07/norwich-north-the-greens-and-the-credit-crisis/#comments</comments>
		<pubDate>Thu, 23 Jul 2009 13:37:56 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Greens]]></category>
		<category><![CDATA[Market Intervention]]></category>
		<category><![CDATA[Resources]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=5578</guid>
		<description><![CDATA[Today while telling in Norwich North, I was joined by a charming lady from the Green Party.
In conversation, she indicated the Green view that the present crisis was caused by the liberalisation of banking and the operation of the free market. I explained the ways in which I disagreed.
These are the posts I recommended:

A quick ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/07/norwich-north-the-greens-and-the-credit-crisis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FT.com &#8211; Nomura has Lehman’s old crown in sight</title>
		<link>http://www.stevebaker.info/2009/07/ftcom-nomura-has-lehman%e2%80%99s-old-crown-in-sight/</link>
		<comments>http://www.stevebaker.info/2009/07/ftcom-nomura-has-lehman%e2%80%99s-old-crown-in-sight/#comments</comments>
		<pubDate>Tue, 07 Jul 2009 06:07:30 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Lehman Brothers]]></category>
		<category><![CDATA[Nomura]]></category>
		<category><![CDATA[Optimism]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=5512</guid>
		<description><![CDATA[Via FT.com / Companies / Financial Services &#8211; Nomura has Lehman’s old crown in sight:
Ten months ago when Lehman Brothers collapsed, it would have been a stretch to suggest that the former investment bank might reclaim its crown as the biggest broker on the London Stock Exchange.
But on Monday the new owner of its European equities ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/07/ftcom-nomura-has-lehman%e2%80%99s-old-crown-in-sight/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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