Quote of the lecture: "National debt sits there like an economic fact" - Chris Horrie

Banks, banks, and more banks. I officially know everything there is to know about them, or that’s how I felt after Tuesdays lecture anyway. Investment banking, central banks, retail banks, you name it, we covered it. A term I did find quite interesting sounding was ‘quantitative easing’, and as I’m not too sure about what it is I decided to find out. Apparently it refers to the creation by a central bank (covered those) of a predetermined quantity of new money as the start of a process to increase the country’s money supply. Ok, so basically it’s where we print new money so as to ensure that we have more than enough? My research goes on to reveal how interest rates are decreased in order to INcrease the money supply, and this will only happen if we are lacking in money and therefore unable to stimulate the economy.

Another thing that Chris covered in the lecture was talking about Keynesian economics, and how they believe that debt is not a problem. Founder of this concept John Maynard Keynes believes that the solution to the depression was to stimulate the economy by a reduction in interest rates and government investment in infrastructure. This would result in more spending in the general economy, which in turn stimulates more production and investment, involving more income and spending etc etc etc.


Another interesting point that Chris did mention was how he believes that the city is run by greed and fear. He was talking about the stock market, and how people invest their money into various shares out of greed of gaining profit, however when their shares are doing badly they quickly move them around out of fear. I think when there is money involved greed and fear are generally the only two words that surround it, a greed to gain more, and a fear to lose it all.

Our first lecture back...

For our first lecture back Chris delved straight back into politics and the law etc etc, with topics from Jacobitism, and Presbyterianism, to cartoon drawings of Gordon Brown depicted as a pig in The Independent, and John Major’s secret romps with Edwina Currie. For the moment I will start with the former topics, exploring Jacobitism first of all, as I had never heard of the term or been aware of the movement prior to the lecture.

So, Jacobitism refers to the political movement dedicated to the restoration of the Stuart kings to the thrones of England, Scotland and Ireland. The term was coined from the Latin form Jacobus of the name of King James II and VII. The movement was a response to the removal of James II and VII in 1688 when he was replaced by his own daughter Mary II, along with her husband and first cousin (?!) William of Orange. After that, the Stuarts resided on the European mainland, however occasionally they attempted to regain the throne with the help of fellow countries France and Spain. The primary seats of Jacobitism were Ireland and Scotland, and in England the movement was the strongest in the north. Many people supported Jacobitism because they believed parliamentary interference with monarchical succession was illegitimate. Many Catholics hoped that the Stuarts would end discriminatory laws, whilst others belonging to various allegiances became involved in military campaigns. Jacobitism is celebrated on June 10th, known as White Rose Day, and its emblem is the White Rose of York.

A brief paragraph on Presbyterianism now, which refers to a number of different Christian churches conforming to the Calvanist theological tradition within Protestantism. It typically emphasises the sovereignty of God, that is, the right to exercise the functions of the state. The religious group evolved primarily in Scotland, and the few members found in England can trace a Scottish connection somewhere in their family tree.

As for Gordon Brown and Edwina Currie, I think I will leave them for my next blog to be written very soon!

Nothing to do with Journalism, but hey it's an article none the less...

To be 15 again. The younger sister of my best friend Mark is having a party and I can hear the music perfectly. You were about to be shocked then, that I could hear it from wherever I was, the sad fact being that I’m only one door away. But that’s not the point. Sitting in the bathroom listening to their topical conversations and girl’s screaming, probably being chased by boys no doubt makes me nostalgic for the days when I was that age. I can’t see them but I can picture the party now, girls parading around in short skirts and tops, lusting over boys that probably don’t really care. Boys, swooning about like they own the place, can of Foster’s in one hand, fag in the other, because they’re hard, you know. Not to mention the music. God. I admit I do still listen to some of the stuff I can hear, but at a party? No no. Just to cut in quickly and prove my point, I just heard one girl shout ‘Emily how many people have been in your bra tonight!!?’ Ahh, the wonders of being 15. Listen to me, acting like I’m a mother of two or something, when in actual fact I’m only three years older, and probably none the wiser. I still parade about in skimpy outfits, the only difference being I wouldn’t be flattered by guys staring or wolf whistling at me, in fact I hate that. Another thing I must touch upon because it’s the single most eventful part of a party is the drama. Oh, the drama. You have to love it, as long as you’re not involved, that is. For the 15 year olds one door away I can tell you now the drama will consist of who kissed who, who got too drunk and wrecked the house, who had a fight with who (over a boy, probably), who had a fight with who (over a girl, probably). I remember the innocent days of who kissed who at a party, a few years later you lose that innocence and it becomes who fucked who, pardon my French. Since when did that start to happen at parties? It becomes who could be pregnant, who cheated on who, who’s having a sex change. Well, maybe not that far. I’d give it another few years. All in all, nothing really changes, but as you get older house parties become less frequent, it’s all about the pub now, the boring, atmosphere-lacking pub. How I miss a good house party. Somewhere down the line girls favoured flashing their IDs at bouncers rather than flashing their boobs at a house party. How times change.

Belated Blog!

I wrote this on the 26th of March but I hadn’t got round to posting it yet, it had just been lying around in my word files. So, here it is:

I read in a book today that storytellers are “keepers of wisdom; they weave spells which feed the human soul.” What an imaginative quote. I must say I automatically went to reference that, and I will tell you what book it was from, but I won’t do it the Harvard way like I am so inclined to do. I am taking it as a good sign however, that I felt the urge to reference; my brain must be embracing this university way of thinking well. Anyway, the quote is from ‘Creative Novel Writing’ by Roselle Angwin. As smart as I sound quoting books in my blog I’ll admit that I read this in the first paragraph of the first page, but I’m working my way through it. The reason for my

I had my tutorial with Angus today, which I thought went well. Although there wasn’t much work to look at article wise because we haven’t really had much to submit, he said that my style of writing and forming a sentence in an article was “absolutely right”, so I’m happy with that. I may regret this but I also mentioned to him about starting a second blog for his side of the course where I’ll write an article or two every week so he can look at my progress. A good idea, we’ll just see if it’s carried out as well as it was thought up. I hope so.

A topic of my own...

Rather than turn to writing about previous Journalism lectures, I have decided to blog on a topic of my choice today. We all know that on the 22nd of March, just two days ago, Jade Goody lost her battle with cancer. I realise how tedious it got for everyone; a new story about her every day without fail on the cover of every tabloid newspaper, with headlines such as 'Jade's final wish', 'Jade's last word', 'Jade struggles on' etc etc. But to put up with the masses of stories we did have to read about we have to look at the reasoning behind her decision to make her story so public. Jade wanted to raise as much money as she could for her two sons, so as to enable them a secure future with good education. She believed that to do this she could, in a sense, use the media to make the money, by selling her story and doing interviews and photo shoots for the papers. This meant that journalists would be prying into her life constantly, wanting more and more up to date stories to write about. But was her decision a good one? Certainly for her sons futures it was, but we can ask the question, did Jade lose all her right to privacy when she made this decision to sell her story? Did she deserve to be left alone to deal with her cancer more than she was? Some can argue that the moment she chose to go public with her ordeal was the moment she lost all of her privacy rights, and I agree. Jade should, and probably did, realise that she would be followed and snapped up until her death. If she hadn't chosen to be open with her story then I would understand if she had a problem with being harassed by the paparazzi, but hers was the opposite choice, so I disagree with anyone who thinks it was unfair of the newspapers to follow her relentlessly.

OK! Magazine was accused of making a huge misjudgement after publishing a tribute edition which was said to contain the 'final words' of Jade. But, this was all published before she had died, so how could they be final words?? The magazine edition even had a black border around the front page with a sub-headline ''in loving memory 1981-2009". Mildy humorous it may be, thinking of the editors sitting around in their office, unable to stand one more day of waiting for the ball to drop, so to speak, Jade's friends and family were less than happy to hear about this tribute turned obituary. The Press Complaints Commission received complaints about the edition, and is making an initial assessment of whether an investigation is necessary after friends said it was "bloody disgusting", and "all that was agreed was a tribute. This is clearly an obituary, they got it totally wrong."

I think that her idea to use the media for her family's gain was a positive step, but with that she had most likely gained enemies through her constant updates in the news. From talking to people about it I know that reading her stories, although saddening, has proved tiresome over the last few weeks, but for Jade all that mattered was her family, and I think she used the media to her full advantage.

Jonathan Swift

So this is my separate blog on the poet Jonathan Swift, who became Dean of St. Patricks in Dublin. A Modest Proposal is one of many of his works that he is famously remembered for; its full name being 'A Modest Proposal: For Preventing the Children of Poor People in Ireland from Being a Burden to Their Parents of Country, and for Making Them Beneficial to the Public'. It is a Juvenalian satirical essay written and published in 1729. The essay seems to suggest that the poverty stricken Irish may ease their economic troubles by selling children as food for rich men and women. Here is a quote I found from the proposal:

"I have been assured by a very knowing American of my acquaintance in London, that a young healthy child well nursed is at a year old a most delicious, nourishing, and wholesome food, whether stewed, roasted, baked, or boiled ...”

Where this quote is both humorous and fairly disturbing, Swift is in fact using this extreme way of writing as a metaphor for the can-do spirit of the times that led people to devise a number of illogical schemes that would supposedly solve social and economic ills. Some scholars have argued that Swift's idea was inspired by Tertullian's Apology, which was a satirical attack against early Roman persecution of Christianity. The difference between these two being that Swift was addressing the Anglo-Irish situation in the 1720s, but perhaps he saw some similarities between the two situations. A good similarity voiced by James William Johnson was that they both have central themes of cannibalism and eating babies, and both share the same final argument; "human depravity is such that men will attempt to justify their own cruelty by accusing their victims of being lower than human." Both authors imply an ironic justification by ownership over the subject of sacrificing children - Tertullian whilst attacking pagan parents, and Swift whilst attacking the English mistreatment of the poor Irish.

Overall, Swift's writing relies heavily on metaphorical use and irony, in an attempt to get his point across of the seriousness of poverty related problems in the 18th century. I have to say that Swift's methods, although dramatic, are effective, and help raise issues to people about the economic and social troubles.