Currently selling for about twenty five quid for a 15kg sack - it's less fuel intensive to prepare than rice and, once you've got used to it, it's tastier, pleasantly crunchy too - I'd start thinking about avoiding the rush and getting some inAmbrose seems to be surprised
As are all the other mainstream journalists
For three, four, five years now this blog and countless others have been seething with impotent rage and have been predicting the financial and economic disaster which apparently has caught Ambrose and all his chums by surprise. We've also been predicting the social disaster that will follow in the aftermath
We 'conspiracy theorists' saw what was coming not because we are psychic, or lucky, but simply because this is how these managed financial collapses always play out
Only the banksters have really fucked the duck and gone global this time
"The ultimate challenge is to shape the common concern of most countries and all major ones regarding the economic crisis, together with a common fear of jihadist terrorism, into a strategy reinforced by the realisation that the new issues like proliferation, energy and climate change permit no national or regional solution."Oh yes, Old Twuntchops is back
and he's bad, really, really fucking bad
-
And it's not just the mainstream media which sat back, or pointed the wrong way, and let this happen
I've got a personal beef with the people behind UK-based blogs which represent the establishment-friendly faux Left Wing opposition on-line. The kind of people who retain some childish faith in our current electoral system and who have enthusiastically spent more time vilifying 'Conspiraloons' who question the Official 7/7 and Domestic War on Terror narratives than concerning themselves with the criminal fucks who conspire, yes conspire, to control our government.
The establishment-friendly Left in the UK saw all its wildest dreams come true over the last 11 years....
- The Tories were kicked out of power
- People were taxed, lots
- Government spending was increased, lots
...and now they haven't got a fucking clue why things have got worse instead of better
A huge swathe of what was once acceptable political thought and analysis, by the Old Left anyway, has been dismissed as 'conspiracy theory' and removed from mainstream discussion. Only ideological scraps remain for mainstream left wingers and conservatives to fight over - restricted mainly to how government can best fund all the monopolies that have been privatised.
Human affairs are, apparently, random and uncontrolled. Bad things, such as economic slumps and currency collapses, must be endured, and mitigated wherever possible, like a force of nature.
The weather, on the other hand, we apparently can control. So spending lots of time on that, whilst the banksters continue sticking it up our rear end, is promoted enthusiastically
I won't be linking to examples of the kind of tossers I'm talking about because they deserve fuck all traffic, even the meagre trade a referral from me would bring them
They had virtually fuck all to say about the murder in Gaza and have absolutely fuck all to say about the current financial crisis.
They haven't the first idea of how the world works and they are completely bereft of any ideas or insight; as is appropriate for a bunch of privileged fuckwits who think everything happens by accident and nothing bad is ever going to happen to people like them
Wrong Wrong Wrong
and, yeah, they fuck you at the drive-thru
.
75 comments:
From Ambrose's article:
It is one thing for a sovereign state to let its national debt jump in a crisis -- or a war -- perhaps even to 100pc of GDP.
But not when things are falling apart.
Never seen a war they couldn't afford
His latest:
reminds me of the clerical/religiose position of 'sanctity of debt'
From
Michael Hudson - Super Imperialism (1st edition 1972)
Britain’s agreement to begin paying its war debts to the United States no doubt was
inspired largely by its world-creditor ideology of maintaining the “sanctity of debt.” Yet this
policy no longer was appropriate in a situation where Britain, along with continental Europe,
had become an international debtor rather than a creditor. There was little idea of adjusting
the traditional ideology concerning the sanctity of debts to their realistic means of payment.
The Great Depression and World War II taught governments the folly of this attitude,
although they were to lose it again with regard to third world and East Bloc debts within a
few decades of the close of World War II.
No one saw this coming, especially not 37 years ago.
Crisis, which crisis?
In June 2008 the Food and Agriculture Organization hosted a High-Level Conference on World Food Security, in which $1.2 billion in food aid was committed for the 75 million people in 60 countries hardest hit by rising food prices.
Induced by an insane energy policy and our unloveable financial sector.
The government is also making a three-pronged effort to stimulate the mortgage market: up to £100bn will be provided to underwrite new mortgage lending, the existing £200bn scheme will be extended, and state-owned Northern Rock is being given a new mandate to increase its lending.
The Bank of England is also being given new powers, in addition to its control of interest rates. It has been authorised to spend up to £50bn buying a range of assets from the banks, both to increase corporate credit and for monetary policy purposes.
The government said it was taking the measures - just three months after its first £37bn bail-out - after the global financial and economic situation continued to deteriorate. It said that it was "essential" to meet demand for lending from businesses, homeowners and consumers.
Money for lending must be found, food for eating may not.
It's just a question of priorities.
Yet they still think the world will stop turning if they tell these parasites to drop dead.
Will the UK Lose its AAA Credit Rating?
Tags:
* ECONOMY
* GREAT BRITAIN
First Iceland, Greece and Spain lost their AAA sovereign credit rating.
Now, Bloomberg notes:
"The U.K. government may lose its top AAA credit rating after taking a 70 percent stake in Royal Bank of Scotland Group Plc, credit-default swaps show."
Indeed, as the Financial Times writes:
The cost of buying credit protection for the sovereign debts of the UK, US, Ireland, Spain, Austria and Germany all hit fresh highs on Tuesday morning.
The most intriguing question
Where are the creditors?
and indeed, who are they?
joking with the wife last night,we were talking about the UK banks share price.I said in half joking way that in the future there would be no paper money or banks,,I warmed to my theme and said we would all be chipped in the future and you would work for credit points that would automatically appear on your online account.goods would be purchased by passing your arm over a chip reader in the shop.
Criminals would go out of business overnight no money to steal and the real criminal bastards who run the system would own everyone,no need to manipulate Wall street etc
If you were a cunt your chip would be deactivated rendering you poverty stricken.Reform yourself and become a "good citizen"and your chip would be turned back on etc etc etc,,,Icke where are you mate!?
I like this,
"Blue Monday," the Daily Telegraph calls it. The Royal Bank of Scotland has just reported the biggest loss in British history - 28 billion pounds worth. Its share price lost 67% yesterday - also a record breaker. The Brown government is on the case…like the Obama government on the other side of the Atlantic. Last week, the Bank of America got a $138 billion handout. And Merrill Lynch got guarantees covering $118 billion in dodgy assets. This week, what fixes will her majesty's government come up with? What magic wand will the chancellor wave to make the bust go away?
from Ambrose's latest...
"The UK cannot go down that route because it would set off an asset price death spiral," said Marc Ostwald, a bond expert at Monument Securities. "The Western banking system is already on life support. That would turn it off altogether."
as someone said elsewhere, asset price death spiral sounds like an excellent name for a band
a reader's comment under Ambrose's latest
this is a dream come true. I can't wait to see Britain go under water. All those atrocities committed in India. How many bombs did OK supply Israel to kill so many palestinians,Lebanese,etc..
Next in the list is Spain,US,Germany,France then Korea,Japan,etc..The western civilization is so arrogant that they thought they will never the dark nights. here it is folks. Enjoy. You will need a good blanket because you will be out in the streets with no heating gas at home since you didn't pay your bills because you don't have a job. Run fast to WoolWorth...Oops. i just realized they went out of business.
I see more adverts for managers and PR staff than frontline workers. Go figure?
I have to laugh at people who try to compare the UK debt to other western countries that are also collapsing, and think that GDP is real wealth.
I see more adverts for managers and PR staff than frontline workers. Go figure?
There's nothing to figure. The service economy was a bullshit fairytale which is about to come to an end
Millions of people are going to have to learn how to do something useful for a living
Hopefully not too many of them will starve during the transition phase
My point is, Stef, that there's still crazy attempts ongoing to try to preserve that economy. The lending\money-printing sprees, for example, instead of actually targeted measures to rebuild industry and support existing manufacturing.
your point is taken
but it really does look like it's over now
I met someone who worked in the prison service the other day and my first thought was 'well, you're definitely keeping your job'
love it!!life imitating fiction!
The owners of The Evening Standard, an afternoon newspaper in London that has long been part of the city’s fabric, announced Wednesday that they had agreed to sell the newspaper to a Russian tycoon, Aleksandr Y. Lebedev, a former K.G.B. agent who was stationed in the British capital during the Cold War. According to Britain’s Press Association news agency, the deal was “the first time a Russian oligarch has owned a British title.” It was also the first time that a former Russian intelligence agent, working in the British capital under diplomatic cover, was known to have returned as a press baron.
Well, the oligarchs already own other types of businesses here, why not the press :p
This might be the first time a Russian oligarch has owned a British newspaper but they've been renting them for years
as per Paul's 'Where are the creditors?' question above, one could equally asked 'Who bankrolled the oligarchs?'
someone must have helped get them started
Rothschild and co ;-)
Have you heard the one about the Rothschild, the Russian Oligarch, the Tory shadow finance minister, the EU trade commissioner and the world's most powerful media mogul?
the strange thing is, we all did
Nathaniel Rothschild
The Eton and Oxford-educated financier is heir to a banking fortune – he and his father are estimated to be worth a combined £1.4bn. But he is also a successful financier in his own right. His work as co-chairman of the Atticus Capital investment fund since
ha ha, how we laughed
the combined value of their wine cellars maybe, but even that seems on the light side
Henry Kissinger
How I'm missing yer
You're the Doctor of my dreams
With your crinkly hair and your glassy stare
And your machiavellian schemes
I know they say that you are very vain
And short and fat and pushy but at least you're not insane
Henry Kissinger
How I'm missing yer
And wishing you were here
Henry Kissinger
How I'm missing yer
You're so chubby and so neat
With your funny clothes and your squishy nose
You're like a German parakeet
All right so people say that you don't care
But you've got nicer legs than Hitler
And bigger tits than Cher
Henry Kissinger
How I'm missing yer
And wishing you were here
Ringtone on yer phone
by some quirk of my personal history I already know that off by heart
Its good the oligarchs have learned how to make a few bob on their own
“Give a man a fish; you have fed him for today. Teach a man to fish ; and you have fed him for a lifetime”
Whats more scary is I've seen people defend the Rothschilds as innocent of any wrong doing...and as for their wealth, didn't some Russian economist say it ran into many trillions, possibly half the world's total?
didn't some Russian economist say it ran into many trillions, possibly half the world's total?
there's no way of knowing, you're talking about an interlocked group of interbred dynasties and proxies that's been at least a couple of centuries in the making
and throughout those two centuries you've had supposedly rich and powerful people like Cecil Rhodes and JP Morgan die with virtually fuck all in their estates
the barons giveth and the barons taketh away
I suspect many of the current crop of apparently super-wealthy oligarchs will shuffle off this mortal coil equally asset-light
I'm determined to leave my children a better legacy than my current state of affairs, its the least I can do if I'm unable to effect any noticable external changes.
well, David Cameron's is near enough the mark with this...
New babies born with £17,000 debt, claims David Cameron
though I'm sure his old Bullingdon Club chum Nat Rothschild thinks it's a wonderful state of affairs, probably too low a figure though
hmmmm
neo-serfdom
hmmmm
I see Cameron's policy is identical on "New Deal", a total disaster for those of us out of work AND yet another increase in national debt..
not the greatest of surprises Life has to offer
I occasionally fantasize about a parallel universe where the US and UK governments have been infiltrated and corrupted by ruthless water filter and renewable power manufacturing interests who bribed and blackmailed their way into us subsidising so much of their shit everyone's working overtime knocking it out and foreign governments are destabilised so that we can force the output of our factories on their people...
Lol, would that actually be any good? :p
< shameless P.R.opaganda >
Seeing as the repeatedly fallible, self-ascribed 'left' and their anti-looning is referred to in this post, here's a couple of shameless plugs for articles that deal with the same:
What's left of the 'liberal' 'left'? And is it worth a light?
9/11, 7/7, conspiracy theories, power surges & coups
< / shameless P.R.opaganda >
I've been going through the J7 incident analysis pages, and all I can say is they prove just how callous and evil the people in charge of our government and public services are.
Of course, one shouldn't forget the total fuckwittery of 'the right' either
One of the most exasperating things about wading through the commentary about the current crisis is regularly encountering readers comments along the lines of
'well, that's socialism for you'
As if mortgaging the current population and the next three or four generations to bail out the banking system is in any way socialistic
Presumably, using this definition of socialism, if the state was leeching funds from and enslaving the private banking sector that would be capitalism?
Another favourite babbling from dissonant middle England is that the situation would be a whole lot better if we didn't have so many immigrants in the country
Now, I'd be the first person to acknowledge that the management of immigration has been chaotic and fucked up but to blame Johnny Foreigner for a decline in British middle class living standards ignores the fact that those self-same living standards have only been possible because...
a) an awful lot of foreigners have been doing shit manual jobs for shit money in the UK
b) an even larger number of foreigners have been doing even shitter manual jobs for even shitter money outside of the UK
The reason why the UK is now in trouble and is going to stay in trouble is that the rest of the world is waking up to the fact that we consume a lot more than we produce, the difference being made up with bad cheques
Given all that, moaning about sponging wogs on the readers' pages of the Daily Mail is just a bit rich
SHIPPING RATES HIT ROCK BOTTOM - I HOPE YOU UNDERSTAND WHAT THIS MEANS - GLOBAL TRADE HAS COLLAPSED TOTALLY - SHIPPING COMPANIES LIKE MISC AND MAJOR PORTS WILL BE IN DEEP SHITS...- By Matthias Chang
http://futurefastforward.com/feature-articles/887
Matthias Chang is another 'loonworhty' analyst who foresaw the economic collapse and publically tried to warn people about it.
Coincidentally, I was on the phone today asking a nice woman if the boxes of my stuff her firm has been holding for a month have found a ship heading back out East yet
nope
Any idea when they might?
nope
That man with his head up his bottom has still got his trousers on.
it's more hygienic that way
Stef said...
Of course, one shouldn't never forget the total fuckwittery of 'the right' either
Ah, yes, that goes without saying. I'm not sure many people were holding out much hope that the self-interested, self-serving 'right' were ever going to offer anything other than more of the same, much less anything that would serve the greater mass of humanity.
One of the points made in the "What's left of the 'liberal' 'left'? And is it worth a light?" post is that both left and right are happy to parrot the discredited official government narrative of 7/7, with the 'radical' difference being the discredited "blowback theory" which states that 7/7 never would have happened if it wasn't for the illegal invasion and occupation of Iraq.
Total and utter bollocks, but it keeps both left and right happy and sleeping soundly in their beds at night whilst brilliantly challenging nothing.
Which is just the way dissent on the left and right should be managed to maintain the inequitable status quo.
One of the fun consequences of our total financial meltdown and subsequent slavery is people may, just may finally realize that there is no such thing and 'left and right'. It's just 'us and them' I'm afraid. Us been pretty much everyone who has to go and work for a living, no matter what the (actually incredibly superficial) differences and squabbles between us that tend to over occupy our attentions.
Them been some very rich, very anonymous fuckers, who are currently getting much richer of all of our backs.
But I fear, as usual, people will turn on each other before they turn on them.
Anonymous said...
I've been going through the J7 incident analysis pages, and all I can say is they prove just how callous and evil the people in charge of our government and public services are.
More than mildy depressing and infuriating, isn't it?
Meanwhile, on the subjects of J7 and those on the 'left' that would have us believe the government never does anything but tell the truth, the whole truth and nothing but the truth, J7 have issued a response to some baseless nonsense written by those self-styled parapolitical gurus at Notes from the Hinterland... sorry, Borderland:
J7 Response to Paul Stott's paper: Half Truth Movement: How The 9/11 Cult Falsifies History
^^ @Anonymous 21 January 2009 22:10
It's the same old class struggle it ever was.
ah, blowback
More than mildy depressing and infuriating, isn't it?
Well there were things I hadn't previously been aware of, like the premium-rate number for victim information, and the many additional incidents, the nature of the power surges, the computer animation of the trains etc. As if it wasn't bad enough already.
Where some see disaster, others discern opportunity
At least somebody is doing something:
Science solves 'Italian Job' cliffhanger
Ingenious plan for Michael Caine's gang to retrieve stolen gold wins prize from Royal Society of Chemistry
First we deflate the tires in China a bit, then we deplete our industrial base, then some of the head of states climb out and fill the front of our bus with worthless paper and now the bankers can carry out anything of worth. Voila! Banks saved!
Benefits officers are paid £19 an hour.
A similar role in a private company is...£7 an hour on average.
No wonder people suck up to the government.
So it's bad to pay people good wages?
In fairness, I have to hold my hand up and admit that I was still falling for this trick until only a few years ago
During the firemen's strike I remember thinking, because the newspapers had instructed me to think that way, 'yes, they do have a better pay and conditions than the soldiers who are covering for them, why shouldn't they have a shit deal like everyone else'
yup, the sooner everyone is screwed down to the lowest common denominator the sooner we can all bask in the resulting prosperity
well, not quite everyone, obviously
Plus the person on 7 quid an hour will likely have their income supplemented by the various benefits administered by the well paid government worker, who will be paying more taxes and drawing no benefits.
The private sector employer is the winner here.
Low paying companies are arguably the worst benefit scroungers out there
Of, course sooner or later, you get to a point where so many employers have screwed their staff down so tight and outsourced so much work overseas that no-one can afford their fucking products
not too far off now either
look at the Chinese
the very model of a cost-effective labour force
which is why they have to export almost everything they make
Yes, but the government worker is wholly subsidised by the private workforce. Besides, don't you agree with having a smaller government? If everyone was on a decent wage we wouldn't need the benefits officer or the welfare system in the first place.
In theory, the public sector worker isn't being subsidised at all and is occupied providing services for the private sector worker
And what if we hadn't allowed utilities such as provision of water supply or rail transportation to be turned over to private monopoly? Are they not part of the productive infrastructure?
Personally, I don't give a toss how big or small government is, provided it is run decently
Ditto for the private sector
Their relative size is a distraction from much more significant factors such as honesty, decency, competence, transparency and accountability
The argument used to run that the private sector should manage as much as possible because it is allegedly more efficient at allocating scarce working capital
Even if that's the case, and the economic fuck up which is enveloping us all suggests otherwise, the private sector hates competition and has this annoying habit of engaging in whatever practices it takes to achieve monopoly and oligopoly - at which point the Fun really begins
They shouldn't have been a public monopoly to begin with either. But do you not agree that the bloated size of the government corresponds with the police state crap it is involved in? Perhaps I should replace "government" with civil service though.
Smaller government = less chance of it causing damage when it inevitably becomes corrupted.
Instead of welfare, I'd rather just be paid fairly and have no more private banking influence over the economy. No more of this artificial scarcity bullshit either.
You're right that we're seeing a lot of monopolies, but at least the private corporations can't pretend to have everyone's support. Heard of the term consumer resistance? Then of course there's things like lobbying.
Individual taxation is higher than corporate taxation both as a relative percentage and absolute amounts, which I also don't like. What would you do with both the public and private sector to make them honest and transparent again then?
A couple of chums of mine are heavily involved in the Corporate Social Responsibility racket and whilst they have convinced themselves of the sincerity and good business sense of what they are doing, the guys who run their companies remain absolutely ruthless fuckers who'd evict their own grannies to turn a profit
Companies exist for one reason, and one reason alone, and that is to gouge as much as possible off other companies and people
Richard Dawkins argues that what we call moral behaviour is the result of competing individuals benefiting more from being part of a group than working alone - selfishness leads to apparent unselfishness
Virtually the same argument is used to explain why the private sector will naturally work in a benevolent way
All of which assumes, of course, that the people running the companies, especially the really big ones, think they're part of the same species as the rest of us
When was the last time you saw a pack of jackals co-operating harmoniously with their lunch?
You're right that we're seeing a lot of monopolies, but at least the private corporations can't pretend to have everyone's support. Heard of the term consumer resistance? Then of course there's things like lobbying.
I think what we're seeing is an unholy merger of private and public
There are some powers we traditionally only delegated to elected officials because we believed we had the mechanisms in place to hold those people to account - making war, dispensing of justice, provision of essential infrastructure
We're now in a situation where our elected officials are turning more and more over to private monopolies, often signing contracts which far exceed their elected terms
The end result is the worst of both worlds
IMHO there are some services which work best as a publicly accountable monopoly - either because, by their nature, they shouldn't be expected to make a cash profit or because any element of competition would be a nonsense
Do we, for example, think operating two directly competing armies or police forces would have a happy ending?
Does it make sense to build and maintain two competing water supply infrastructures? Would they really work out cheaper than one decently run one?
Individual taxation is higher than corporate taxation both as a relative percentage and absolute amounts, which I also don't like. What would you do with both the public and private sector to make them honest and transparent again then?
Lots of things, big and small
- scrap usury
- place limits on money creation
- ensure the rich pay at least equal tax as everyone else and put a commission-based price on evaders' heads
- offer 'none of the above' as an option on voting forms
- limit political careers to a couple of terms
- ensure that any elected official who votes for a war gets to participate in the front line of that war
- put a link in place between the lowest and highest paid people in any organisation
I could go on all night...
I didn't suggest we should have competing police forces :p
Since you mention water companies, it is interesting that they only started adding sodium fluoride to the water when government requested they do so..
As for the rest of what you said Stef, I agree. In fact, I'd go as far as saying that income tax would be unnecessary - after all, it was only brought in to finance war which in turn was the banksters trying to get the govt in debt to have them over a barrel.
Trying to put things more succinctly...
IMHO the most malevolent factor in our system is that is allows for certain individuals/ families/ corporations to accumulate capital endlessly
Once an individual/ family/ corporation has accumulated a certain amount of capital it has enough power to ensure that it never has to give any of it back
They essentially get to control everything they consider to be of any importance
What redistribution of wealth that does take place in our system is between the middle and lower economic groups who are encouraged to gouge each other's eyes out for scraps
Since you mention water companies, it is interesting that they only started adding sodium fluoride to the water when government requested they do so...
as a result of lobbying by the aluminium industry and maybe, just maybe, other characters with an interest in poisoning people as opposed to just wanting to dump their crap
People sometimes say that Death is nature's way of ensuring that any tyrant's reign comes to an end
Unfortunately, Nature hasn't figured out how to limit the reign of dynasties or companies which are, to all intents and purposes, potentially immortal
Yes. An honest government would go some way towards dealing with those influences (globalists\corporations etc). Ideally I'd ban those kind of additives.
As for certain individuals\groups accumulating capital, that requires people to go along with it in some form. Either directly by their labour or indirectly.
oh, and an easy way to nail down potential tax evaders and raise tax equitably would be to implement some kind of Land Tax
As for certain individuals\groups accumulating capital, that requires people to go along with it in some form. Either directly by their labour or indirectly.
That's assuming those people know what's going on.
Rather a large amount of effort is expended on ensuring that they don't, or are too whacked out or stressed out to do anything about it
Interesting idea with the land tax.
As for the latter point, indeed that happens... but as this very blog argues, less people are buying that crap now.
Equitable taxation, the dangers of a professional political class, the cancer of usury, it's all been covered and done to death centuries ago
We may be learning lots of fun new stuff about planets and atoms but we're being positively encouraged to forget all sorts of lessons about the way we run our own lives
It's been said many times but the comforts and freedoms a few of us enjoyed over the last century or so are a small aberration in relation to the way most people have lived around the world over the centuries
It wouldn't take very much at all, just a little bit of complacence, for us to revert to the historical norm
Indeed, benevolent governance is a rare exception. Doesn't mean it has to stay that way though :p
Richard Dawkins argues that what we call moral behaviour is the result of competing individuals benefiting more from being part of a group than working alone - selfishness leads to apparent unselfishness
that is pretty much the kernel of all 'modern' thinking to me. Anything good is but a 'side effect' of the workings of a cruel but more ultimately virtuous natural order.
As well as being totally ahistorical, it's fucking stupid.
First we deflate the tires in China a bit, then we deplete our industrial base, then some of the head of states climb out and fill the front of our bus with worthless paper and now the bankers can carry out anything of worth. Voila! Banks saved!
lol
I'll be stealing that idea later
You're welcome! :-)
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