Comments on: Britain and its Near Death Economy

By: Bob McGregor

Bob McGregor — Fri, 20 Nov 2009 04:55:27 +0000

Remember dear readers the populace gets what it deserves! Or in another vein he who does not heed the [historical] past is doomed to repeat it.
When asked recently to get more involved with the political struggle I opined: “Cast not thy pearls before swine”. “Collapse is inevitable so put a goodly portion of ones investible assets in physical Gold and Silver coins and bars [of a reputable brand such as the Perth Mint], stored in vault boxes of your own security in major banks, put down a goodly supply of fine reds and await the coming financial collapse without a care in the world”.
History teaches us the masses will not listen until it is too late, so why waste your time and effort. Look after your family and loved ones and put up the “do not disturb sign”.
You will suffer less heart ache this way and keep a lower blood pressure.
Good luck to you all.

By: john

john — Sat, 14 Nov 2009 02:20:43 +0000

Into the Euro here we go. Another small step to World Government, Which will of course incorporate local democracy. Or not? If yes, how?
When the right to vote ceases to have meaningful consequences, then the right to riot has begun. JFK said “When peaceful revolution becomes impossible, violent revolution becomes inevitable”. The pound is being trashed to force Britain into the Euro. Stand up Scotland. Charter a Scottish Community Bank an’ I’ll show yez how tae run it.

JID

By: Earl J Wagadoor

Earl J Wagadoor — Fri, 13 Nov 2009 04:33:43 +0000

Greetings. A bit of a long bow but here goes (closest of the recent stories that I can find to make the connection). Another way out for Britain is to finally start penalising the UBiquitouS organisations that helped lead the world into this GFC in the first place. Indeed as reported by The Associated Press on 5Nov UBS have received an 8mpound fine for sloppy management that meant that 4 of its employees could apparently carry out unauthorised transactions between 2006 and 2007 involving client money. Another great avenue would be doing what the yanks are doing (with UBS “co-operation”) and cracking down on tax cheats. Fascinating to see that an amnesty offered by the US IRS flushed out some 7,500 owners of foreign accounts. According to Kevin McCoy of USA Today (16Oct09):

” Applications (for amnesty) for accounts that held from just over $10,000 to more than $100 million came from more than 70 countries and every continent except Antarctica, Shulman (IRS Commissioner) said”.

The article goes on to state:

“The agency also plans to open new criminal investigation offices in China, Panama and Australia, Shulman said.”

No doubt the printing presses will burn with this news.

By: etch

etch — Thu, 12 Nov 2009 08:44:39 +0000

a dedication…………………………………..to “RUNDOWN”

http://www.youtube.com/watch?v=lotkzHsIuoA

By: mick

mick — Thu, 12 Nov 2009 03:17:36 +0000

Etch,

It is a truly wretched place when you go through immigration you also leave behind your human rights.
Don’t ever bother with the place France is far nicer.

By: etch

etch — Wed, 11 Nov 2009 22:24:02 +0000

mick it sounds ugly there ,, its sounds definetly not the place to go for a holiday

By: mick

mick — Wed, 11 Nov 2009 15:59:32 +0000

A good global thermomiter is the Baltic Dry Index.
Or in laymans terms how much it costs to ship a container from say Hong Kong to Copenhagen.
So far it has fallen about 95% from it’s all time high.
Always a good baromiter of how much is being shipped around the world.
If you have a look at web cams in the worlds major ports you should see fleets of container ships moored in the distance.
Up to 70 in ports in pommy land for example.

By: mick

mick — Wed, 11 Nov 2009 15:45:08 +0000

Dean,

It’s no surprise pommy land is whizzing away down the drain of financial doom.
Thatcher started the trend by closing down the mines and ripping the guts out of the northern industrial part of the country. She destroyed coal, the communities who worked the pits and then savaged the manufacturing sector.
The Army was brought in, issued with police uniforms and sent in to beat up the miners, a freelance photographer I know has images of squaddies changing in to cop uniforms and some of same people pulling a heavily pregnant woman through the smashed windscreen of a bus by her hair. The savagery was disgusting the censorship appalling. The police using section 84? psych laws on protestors or sectioned as it became to be known. (if you have been sectioned your ability to vote is removed by law as you are classed as mentally impaired) So if your angry enough, intelligent enough to say hey this is wrong and go protest your dissent will be silenced at the ballot box. The police would walk along and hiss at you they would have you sectioned if you didn’t leave.
That was thatchers way of controlling the youth, those that stood up those that had independent thought.

Once the manufacturing sector had been thoroughly rodgered like the unions she started flogging off just about every money making public asset. Along the way more carnage was created as media laws were thrown out the window so a patently thatcher loving media helped smooth over the cracks as more and more lies were thrown up in such jingoistic clap trap publications like the sun.
Thousands of print workers were thrown out of work again the riots the dissent went on for years the victims now broken and pennyless.
To add insult to injury the Elizabethan sounding poll tax was introduced so an unemplyed family of seven living in squalor in Liverpool could actually end up owing more in tax than some banker living in a 5 bedroom house in surry.

So what you have left is a country that has been raped, it’s infrastructure sold to the highest bidder the engineers and technicians who knew how it all worked fired so profits could be squeezed while slick little chicky babes in sharp suits could sell it to the plebs before it started breaking down due to neglect.
This is now why such a wet and miserable place can be classed as in drought because the privatised for better competition water companies don’t want to spend a single penny more on maintenance than they can possibly get away with while the pipes crumble below the peoples feet.
The electricity grid, Gas, Telephony are all the same sinking ship.
The govt keeps all of the driver licence records in a nuclear bomb proof bunker in Wales and a lot more personal information to boot. The privatised Orwellian CCTV
Police state is in an advanced state of decay the ability to speak up publicly, to gather to protest, the very essence of freedom of speech, freedom to voice dissent has been removed under the veil of the war on terror another reason why Blair, Bush and Howard should hang.
Oh and just as a reminder John Howard had the photos of two women in his office. One was the queen the other was thatcher.

Australia has been raped bent over and thoroughly shagged under howard.
We must do what ever we can to stop the state and federal governments from selling off any more publicly held utilities, manufacturing, railways, infrastructure, education in fact anything they think they can make a quick buck from.
If we don’t we too will be going down the sewer of capitalism and I can assure you it does not differentiate on creed colour or how much personal wealth or how smart you think you are. As the poms are now finding out to their personal horror.
That horror will come here sooner rather than later if we do not stand up and do something before it’s too late.

By: cb

cb — Tue, 10 Nov 2009 14:19:52 +0000

Dean, just a thought: Do you have to go? Why not change plans and stay? Especially if you don’t have jobs lined up it could be tricky. On the other hand, with regular income assured, the rest of the detail will fall into place day by day.

By: GB

GB — Tue, 10 Nov 2009 05:59:39 +0000

Below is a quote from Bloomberg:
“Taiwan stocks rose for the third day after October exports fell the least in 13 months on increased demand for mobile phones, computers and other electronics from China”

If you think about this in the correct light its actually catastrophic!! In October 2008 the world came to a halt, exports collapsed so quickly that politicians panicked. Ships across the globe were parked up as trade vanished. October 2008 was the first month of this collapse and now 12 months later exports are even LOWER.

This just proves that there is no real demand from China, at least not enough to maintain all the global capacity, and the hype about the next boom Australia is going to witness that is going to dwarf the last boom makes no sense!

If we are in a period of REAL global growth then export orders in Nov and Dec, at a minimum, should be positive when compared to last year…