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Methinkshe

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Posts posted by Methinkshe

  1. would vote UKIP but Farage is the biggest scammer of the lot.

    He has taken £2 million in expenses from the EU and done bugger all for all it.

    UKIP are worse than Labour.

    Substantiation, please.

    And were these expenses for personal gain or to promote UKIP?

  2. Just to clarify : Are we counting the millions that have starved to death in the 20th century due to capitalist policies? I'm thinking of Africa and Asia in the main, where the poor are left to starve while the capitalists exploit the valuable oil and mineral resources in their countries. Paying lip service to local needs. :rolleyes:

    In any case, it hardly matters. Humanity still hasn't implemented the ideal system that lets everyone prosper. We might get there is the next 500 years. With a bit of luck. :ph34r:

    You have a point. But I don't think anyone would claim that capitalism is perfect, especially the amoral capitalism epitomised by today's bankers.

    However, it still seems to me to be the lesser of two evils.

    Capitalism creates a large cake from which the elite extract a large chunk, but the remainder allows a share for all - even those at the bottom of the pile.

    Communism creates a very small cake from which the elite still extract a large chunk, leaving very little for anyone else.

    Both systems feed the elite first. And there are not degrees of eliteness. Our Dear Leader in North Korea demands exactly the same lifestyle (if not better) as the elite of any other nation on earth. As does Mugabe, and look at the smallness of the cake from which he is extracting the cost of his lifestyle.

    However, the larger the cake, the more crumbs left over for the plebs. Communism doesn't leave many crumbs once the elite have extracted their lifestyle costs.

  3. No it isn't, it's a statement about the BNP brigade who only seem to consist of about 11% of the people visiting this site.

    If the cap fits.

    Personally, I don't think the BNP are racist. They may be culturist, but that's quite different.

    I'm culturist, too. I'd never vote BNP because I'm a bit of an intellectual snob and I find the BNP a little too ignorant in terms of learning for my taste. But I can understand how they attract those who want only to preserve British culture - and why should they not? What's wrong with British culture (or what's left of it?)

    Multiculturalism was the biggest mistake ever. It is an impossibility. One either has integration in which case the indigenous culture supercedes immigrant cultures, albeit tolerates their existence, or one has disintegration where every culture competes. That's what we have now - and it does us no favours. The very qualities which attracted immigrants to leave their respective repressive cultures and come here, are now being threatened by a false ideal of equality - all cultures are equal. If that were the case, then why did people choose to come to the UK? And why do they come and claim political asylum if they are not fleeing repression, i.e. an inferior culture?

    It has nothing to do with racism and everything to do with culture. And only the ignorant are incapable of discerning the difference.

  4. I haven't got the time nor inclination to point you to the perfectly obvious. All things being relative, I guess it depends on where you stand as to how you view them.

    Hiding behind opacity does not strengthen your accusation.

    Where are the rabid racists that you contend inhabit this thread, or this site?

  5. I will, your quite wrong about them not having a clear ideology, its simply that you don't know what it is.

    If you want to know (which you don't) try reading the book in my sig, or perhaps the John Redwood blog, amongst others there is plenty of opportunities to get an understanding of our ideology. Or if you just can't be bothered try watching all of these, it should dispel your ignorance, they are the utterances of the Tory on the top of the list in my area, Dan Hannan.

    Lucky you! Not everyone gets Dan Hannan at the top of their lists. Some get mealy-mouthed, Euro-federalists.

    Dan Hannan is a good bloke. But he is not representative YET of the Conservative Party - although he and whatsisname with their book, The Plan have gone a long way to making their ideas acceptable to mainstream Conservatives.

    Meanwhile, absent Dan Hannam as my MEP candidate, I'm going to vote UKIP.

  6. I have a different and altogeter more sanguine view of what Bernanke was trying to convey.

    He was basically telling the markets what they want to hear. i.e. that they are aware that they are spending a lot of money now - for what are very good reasons he says - but that of course the administration is only too aware that this situation can't last forever and that the spending must be brought back down at some indeterminate point in the future of another presidential term presumably.

    i.e you don't need to worry, we know the issues and have everything under control.

    EDIT: I'm not saying it will work of course.

    Along the lines of the philanderer's prayer, then.

    Make me chaste, Lord, but not today.

  7. A bit off-topic but relevant to Sky News.

    Don't you just love their alacrity in using Speaker Martin's outburst against Kate Hoey as an advertisement for their Sky News service?

    I bet Martin absolutely hates it! Every day his nose is rubbed in his personal contribution to his downfall.

    Great bit of advertising!

  8. It's not explicitly an admission of defeat, but it puts Bernanke in a very difficult position now. If next week the Fed announces that QE is being expanded to buy more US Treasuries then I can see the market selling off big-time. It will make today's statement seem like hollow words.

    Bernanke's thesis for preventing deflation was no doubt predicated on containing the unwinding of a bubble and the subsequent deleveraging. What the Fed cannot cope with is rising interest rates in the face of depression, but until state spending is under control the markets are going keep driving those rates up.

    Also we don't know what feedback Geithner had from the Chinese. They may have drawn a line in the sand on QE.

    Everyone knows that the fiscal overspend has less to do with Keynesian deficit spending than chronic structural government largesse. Until that issue is fully addressed rather than having some vague promise that "we'll do it someday, but not today" then interest rates are going to keep going up.

    We're not quite there yet, but if the Fed throws in the towel and the politicians don't override it, then it's Japan II in my opinion.

    [bTW, someone knew that this statement was coming. Govt bonds were up across the board this morning, not just in the US but in Europe too. There was no real info in the market to warrant such a rise. Now we know why.]

    Thanks for that.

    If you're correct it'll be Japan 2 but worse. We don't have the savings cushion to make life bearable for the average UK subject.

    I still think there will be attempts by governments to inflate away debts - I don't know how they'll achieve it but I'd start by looking carefully at stats for any manipulation. Then there could be withholding of stats on grounds of national emergency.

    I just can't see any government commit electoral suicide by taking the required medicine. Forty years ago that may have been possible but not in today's me-me, instant gratification society.

  9. To balance the pro UKIP debate...

    UKIP Watch

    Who cares?

    At the moment they're the only game in town for anyone who wants to see Europe develop as a free trade area and not a political union.

    We all know UKIP will never make it into government.

    Sure, we could end up sending a few more UKIP MEP's to Brussels but that's a small price to pay. In any case, all EU law is pre-decided by the European Commission and votes by MEPs are just window-dressing.

    What a vote for UKIP will do is concentrate the minds of those in the main parties that want to have us part of a Federal Europe with Tony Blair as president.

    They need to start listening to the electorate and stop dictating to us. They are our servants and not our masters - but most seem to have forgotten that. At the moment they seem to be more interested in supporting a Federal Europe because it guarantees a post-political, £multi-million career in Goldman Sachs or JP Morgan.

    Vote UKIP, I say, even if you have to hold your nose. Send Cameron, Clegg and Brown a message - we do not want to be part of a political union with Europe. We want to make our own laws and be governed by our own elected representatives whom we can fire through the ballot box, and not unelected European Commissioners whom we can not.

  10. They, the markets, don't know who is going to be chancellor for the Labour party, or if there is going to be an election and a dramatic change of policy.

    Yet it doesn't seem to have spooked them about the UK, most likely they haven't thought about it and will follow whatever the herd action is when it happens.

    Like with the S&P possible downgrade, GBP collapsed and recovered on the same news then rose further.

    FTSE down 98 today. Sounds a bit "spooked" to me. Although who knows the why and wherefore of the fall?

    It could have to do with the uncertainty of GB's government in meltdown, or it could be due to other issues.

  11. UKIP for me.

    Until the main political parties address the issue of creeping political union with Europe (when what was initially entered into with voter consent was a Common Market, i.e. a free trade area) little else matters. Westminster is little more than a talking shop when 75% of our laws come from Brussels and are rubber stamped (without examination) by parliament. I could pay a monkey peanuts to use a rubber stamp, so why pay MPs upwards of £60k plus their much abused allowances?

    Our politicans are pointless while we are part of a European political union, and until we regain the right to govern ourselves, I'll be voting UKIP at every oppportunity.

    As for whether or not it's a wasted vote, that is irrelevant. If we ALL voted on principle instead of pragmatism, we'd achieve a lot more in the long run. MPs are whipped to vote against principle and conscience on the grounds of party loyalty, and I strongly object. Why would I follow suit?

  12. The fact that the right doesn't have a solution isn't actually all that relevent to the left not having one.

    Or is it and I am missing something?

    Not really.

    A fairly simple check of history will reveal that while the right wing get millions killed (they aren't actually as good as the lefties when it comes to killing people in pointless wars and social experiments) they do at least have the tendency to do it to foreigners instead of the local population. They also tend to have better economic growth.

    They both suck, obviously.

    My question was more around the oddity of the left - perfect description of the problem + insane unworkable solutions.

    The right don't bother with this so much, the argument fo rthe right seems to be more like "give me more stuff and shoot wogs/dagos/rosbifs/etc" Which is more a straight appeal to localised vanity and greed. Stupid but straightforward.

    The biggest mass murders of the 20C were by communist regimes; Stalin, Mao, and Our Dear Poxy Leader in North Korea - except, the numbers killed by starvation are difficult to come by because of the closed nature of North Korea - just as were the numbers killed by Mao in the Cultural Revolution and The Great Leap Forward (it took decades for the truth to filter out.) They dwarf the Nazi genocides. In any event. why do people not realise that the Nazi Party was Socialist? By my book that makes them left wing, not right wing - or, at least, inhabiting some totalitarian/authoritarian ground where right and left join hands behind the back.

  13. Jeff Randall on Sky.

    Markets don't won't like uncertainty. Foreign investors will be especially anxious. Investors need to know that rules and regs won't be torn up.

    Looks like even if the Labour party funk the issue, the markets could twist Gordon's arm.

    I reckon he won't last much longer. Best bet is an autumn election with summer recess for campaigning.

    Anyone know what are the odds on an autumn election?

    Could be worth a punt.

  14. Here it is everyone.

    Financial Times

    Over the weekend we were told that the Fed was relaxed about the surge in Treasury yields. Today's statement says otherwise. Bernanke would never have come out with this if they genuinely felt that rising yields were merely a sign of recovery.

    Mind you, despite his faults Greenspan banged this drum incessantly during his tenure as Fed Chairman and it didn't make a scrap of difference. The politicians couldn't stop spending.

    The markets are now forcing them to address this issue, and the Fed is worried.

    So what next?

    Crystal ball, anyone?

    At least, best guess.

  15. Aren't we due high inflation down the line ? If QE money is being horded by banks not wanting to go insolvent due to falling asset prices then as soon as the assets stabilise/recover in price then a whole hoard of saved cash gets unleashed to the market forcing up prices ? I guess governments wanted the forcing up of prices to happen much sooner, hence QE getting extended. Things are surely screwed up in the future ? High inflation / high interest rates ?

    Apparently a lot of QE cash is leaking out of the country. This means it isn't performing its intended function. I think there's more and worse consequences than that but I can't remember what I read and nor can I work it out from first principles. Perhaps someone could help.

  16. I don't pick arguments with people if they have already said they don't want an argument.

    Also, it may have been a serious point but it was framed in a manner designed to ridicule the poster who had already said that they did not wish to discuss the matter further.

    And they did this because I asked them not to, so I think it is her you owe an apology to actually.

    :blink:

    No apology needed, but thank you GameOver, anyway.

    The myth that I and Gameover and others would like to dispel is, imo, one that was perpetuated, if not perpetrated, by a book called "The Limits to Growth" published in the 1970s.

    Its connections with The Club of Rome are well attested, but thereafter the connections become murky but by no means untraceable to such unsavoury outfits as the Bilderbergers ( Charlie Skelton's Bilderberg Files) if one cares to do the research. To cut a long story short, there is a global intent of the elite to maintain their elevated position through subjugating the masses - was it ever any different?

    Some of the ways that control of the global population can be established is through perpetuating fear.

    A fear of:

    a) Over-population

    b ) Climate change

    c) Limited natural resources

    And having instilled a fear of manufactured problems, the solutions are presented. That they amount to robbery and theft is not perceived by a population that has been terrified into capitulation.

    But the solutions to a) b ) c) as propagated by the global elite are:

    a) Enforced birth control (eugenics by another name)

    b ) Taxation and more of it

    c) Secure a supply (of whatever natural resource) by seeing off any indigenous oppostion via enforced birth control/eugenics, plus many other ruses.

    Are you really going to fall for it?

  17. :lol:

    In my experience you ring them, then they sell the debt to someone else, who then tries to collect it. If you forget to dial 141 before you ring them, then they take your number from caller display and add that to the file.

    Got a call one day (number newly issued when we moved here) asking for the debtor, and when I asked where they had got the number they told me how it 'might have been' recorded on the file. I rang BT to double check it had never previously been on our line. Then I rang NatWest Card Services, and every single DCA that had contacted us, and threatened them all with being reported to the Information Commissioner for breaching the Data Protection Act by knowingly collecting and recording incorrect information.

    The debt is over £9K, and whilst it does appear to have gone quiet, I'm expecting it to rear it's head again at some point.

    I once got a call from debt collectors about an allged debt of one of my sons who had moved out several years previously.

    I told him that he was in breach of the Data Protection Act in discussing with me my son's affairs.

    I never heard another word.

  18. I think the printing was rare, they need to be able to continue borrowing otherwise printing is all they have left. Probably why the South lost Civil War....they couldnt sell their cotton bonds, so just printed. meant they couldnt buy arms and food. the confederate dollar became worthless.

    our lot are fighting deflation as if it were a war! its not, its a symptom of boom and bust. it should be embraced, safety nets for citizens in place...safety nets for failed enterprises is just wasting money....and if they waste enough, they wont be able to borrow....and thats the end of the currency, and probably our freedom too.

    Of course, and that's the correct way to look at the boom/bust cycle.

    But when you have some megalomaniac in control of the nation's finances, a man who claims to have abolished the natural cycle of boom and bust, and when he is proved wrong goes on to proclaim himself the saviour of the world's financial system as he begins the process of currency devaluation, then you know for a certainty that expediency will take the day.

    Edited for incorrectly positioned apostrophe.

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