The UK government gave away cheap money for property purchase deposits, which the wealthy abused, driving up property prices and leaving UK taxpayers exposed

In 2013, the UK coalition government of David Cameron's Tories and the Libdems' Nick Clegg launched a "Help to Buy" scheme that gave incredibly cheap, taxpayer subsidised loans to first-time homebuyers, who got their money interest free for five years and thereafter had to repay it at 1.75% interest. Read the rest

David Cameron's swan song (ringtone edition)

If you, like me, heard former UK Prime Minister David Cameron's post-abdication accidentally captured odd tune and self-affirmation and thought, "That's my next ringtone," then here you go.

(Image: ITV) Read the rest

UK Prime Minister Gettin' Piggy Wit It

YouTuber Cassetteboy remixes snippets of David Cameron's numbing enunciation into a song about his recent troubles in the press.

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David Cameron's net-censorship proposal earns kudos from Chinese state media

UK prime minister David Cameron (who is reported to have rioted himself and then fled police while at university) has proposed a regime of state censorship for social media to prevent people from passing on messages that incite violence. This proposal has been warmly received by Chinese state media and bureaucrats, who are glad to see that Western governments are finally coming around to their style of management.

The British Government’s wariness of the Internet and Blackberry Messenger – symbols of freedom of speech – is a forced reaction, which might upset the Western world. Meanwhile, the open discussion of containment of the Internet in Britain has given rise to a new opportunity for the whole world. Media in the US and Britain used to criticize developing countries for curbing freedom of speech. Britain’s new attitude will help appease the quarrels between East and West over the future management of the Internet.

As for China, advocates of an unlimited development of the Internet should think twice about their original ideas.

On the Internet, there is no lack of posts and articles that incite public violence. They will cause tremendous damage once they are tweeted without control. At that time, all governments will have no other choice but to close down these websites and arrest those agitators.

Riots lead to rethink of Internet freedom

(Thanks, Juha!)

(Image: General Chu Teh, a Creative Commons Attribution (2.0) image from thomasfisherlibrary's photostream and David Cameron - World Economic Forum Annual Meeting 2011, a Creative Commons Attribution Share-Alike (2.0) image from worldeconomicforum's photostream) Read the rest