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sharpe

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Posts posted by sharpe

  1. Cameron hits out

    Still quite mild stuff, but at least some signs that the government are beginning to mention the biased reporting going on.

    Can only dream about cancellation of the licence fee.

    Yes because the Murdoch media is so totally unbiased, and having adverts for 5 minutes every 15 minutes makes for great viewing.

    Get a grip - the BBC is the best media outlet in the world. Cameron is Murdoch's whore - and it sounds like you are also

  2. Great documentary by Adam Curtis on the BBC:

    Pretty much captures the lead up to the disaster of the first decade in the 21st century. Four episodes that get better.

    I must confess to being surprised how powerless our the politicians are. According to this version of events at least, they are basically at the mercy of investors, and helpless to do anything other than give investors what they want.

  3. Anyone heard of them?

    http://www.meritocracy.org.uk/

    Here's an extract I found particularly interesting;

    the sentiment is in the right place. i do not believe there is regression to the mean in wealth distribution. As Mr Pareto discovered it is governed by a power law distribution which is about as fat tailed as it gets. book writers are a case in point - the most popular books will sell millions, the average - a few thousand.

  4. http://www.bbc.co.uk/news/uk-politics-12317510

    Hmm I wonder what Mystic Merv thinks of Ed the [email protected] and his economic thinking.

    Once more it appears lost on Ed that the UK might be in a better position if it wasn't for him and a certain Gordon the moron, but still at least we have a recovery...

    I think the main thing to grasp is there is no material difference between Labour and Conservative on monetary policy.

    Monetary policy is controlled by an "independent" body, i.e. the bankers... "I care not who makes the laws" and all that

  5. Via QE has The Fed flooded the world with speculative money? Going into commodities, houses, etc. making life unaffordable for masses of people?

    We are now seeing people rioting. Tunisia, Egypt, which is country next? Is it a queue that is growing larger by the day?

    The USA say that Mubarak should listen to his people. Does the USA think that the people will be pro-American? Why should they be - isn't it the USA that has lowered their living standards by allowing it's financial system to commit the biggest fraud in history? Then unleash the true cost of it on the world? Mubarak has been in power for 30 years and Ben Ali for 24 years - is it only the recent decline in living standards that has made their people act?

    If these overthrown states fall into the "wrong" hands, what will happen next? Oil supply could be cut off? Cue even higher commodity prices resulting in even more inflation and erosion of living standards? Are some people going to get angry enough to start pushing the buttons on nuclear weapons?

    the US in general - many times more people than Adolf hilter. Were there 50m Indians there? - Hitler used this as an example for his own aims. He barely scratched the surface of what Americans did and continue to achieve.

    Goebbels knew relatively nothing compared to the US about propaganda. If he had done he would have changed the name to something like public relations - a massive industry in the US.

  6. Read more: http://www.dailymail.co.uk/news/article-1349506/Left-wing-bias-Its-written-BBCs-DNA-says-Peter-Sissons.html#ixzz1Bl1xrR1p

    I suppose even dead centre is too left wing for the Daily Mail though...

    I recall Sweden had the BBC as a biased source to the right during the gulf war. Just shows what perspective it brings. Try telling that to nazi daily mail readers. what was the daily mail saying about jews before ww2?

  7. In the 2010 elections, 10.7 million voted for the Conservatives, and come late 2010 the amount of economically inactive individuals aged 16-64 in the country exceeds 9.29 million.

    The pension age is to rise and increase the amount of the economically inactive working age population (whilst unemployment is rising). If the economically inactive got organised, and they have plenty of time on their hands to do so, then within the next decade, they could seize power.

    What would be the consequences..

    Suppose there was a shift in taxation, from the poor to the rich, and a maximum wage imposed. Whilst at the same time, the minimum wage could be increased and employment programs rolled out.

    One thing is for sure, without relatively well paid jobs and with high unemployment, these things are crossing the mind of the economically inactive.

    Conservatives are economically inactive - at best.

    This is a parasitic class that leaches wealth from those that create it. We are living through the scenario you describe.

  8. http://uk.finance.yahoo.com/news/China-vows-lending-control-reuters_molt-3818302830.html?x=0

    China vows lending control to tame inflation

    Meri Lee, Ohn Hi, Ding Dong (a.k.a Ding Dong, Merrily on High) InternationalAsia.11:34, Monday 27 December 2010
    BEIJING (
    Reuters
    ) - China's central bank took aim at inflation once again on Monday by saying
    it will control lending and money growth
    in the world's second-biggest economy to head off price pressures and asset bubbles.
    In a statement on the central bank's website (www.pbc.gov.cn), Hu Xiaolian, a deputy governor, said China had been normalising policy and will explore new ways to manage excess cash, which is seen as a major driver behind 28-month high inflation.

    When Chinese control things they don't do a "vigilance" thing like Merv but rather they take action and hike the rates--whether house prices fall or not. China has decent LT thinking despite their lack of democracy.

    Yes a lot seems to hinge on the Chinese economy.

    I also noticed that the Chinese government was encouraging its citizens to invest in gold at circa $1000. They effectively under wrote the price and must have been aware of the coming inflation.

  9. http://uk.finance.yahoo.com/news/China-vows-lending-control-reuters_molt-3818302830.html?x=0

    China vows lending control to tame inflation

    Meri Lee, Ohn Hi, Ding Dong (a.k.a Ding Dong, Merrily on High) InternationalAsia.11:34, Monday 27 December 2010
    BEIJING (
    Reuters
    ) - China's central bank took aim at inflation once again on Monday by saying
    it will control lending and money growth
    in the world's second-biggest economy to head off price pressures and asset bubbles.
    In a statement on the central bank's website (www.pbc.gov.cn), Hu Xiaolian, a deputy governor, said China had been normalising policy and will explore new ways to manage excess cash, which is seen as a major driver behind 28-month high inflation.

    When Chinese control things they don't do a "vigilance" thing like Merv but rather they take action and hike the rates--whether house prices fall or not. China has decent LT thinking despite their lack of democracy.

    Yes a lot seems to hinge on the Chinese economy.

    I also noticed that the Chinese government was encouraging its citizens to invest in gold at circa $1000. They effectively under wrote the price and must have been aware of the coming inflation.

  10. You hear lots of bleating about the merits of the so called 'trickle down affect' from the rich by the mainstream media. This is the theory that the money that the super rich/ rich spent in the economy will supposedly keep all the small businesses going, therefore they should not be taxed. But can the trickle down affect actually be quantified? Is there a way of actually quantifying and therefore proving it with figures? Or is it simply a quick fix answer to keep up the premise that the free market works for everyone, to shut up the plebs.

    I reckon they should have to provide tax receipts to show how much money they spend to qualify for these tax break! How does it work in practice?

    how would you define trickle down?

    In the US there is a regressive tax regime - where the poor pay proportionally more tax than the rich who use tax havens and international corporations to minimise tax.

    This tax raised from the poor by force is then given to the rich in the form of subsidies and bailouts. There is no trickle down it is armed robbery by the US government and should be fought with all mean necessary

  11. You can either look at it like that or that we're all travelling on the same lump of rock going through space and we should probably try to help each other.

    I can't believe I just wrote that... Must be the frost bite getting to me. :)

    I don't actually see anything wrong in helping my neighbours where I can though. My time is something I can freely give and often have.

    you are right this is my society - and I think anti social parasitic organisations should be fairly tried and punished if guilty. so most of the corporations that are highly anti social, pay no tax pump the airwaves with psychologically damaging material, impact aggressive foreign policy etc... large banks and their political whores like David Cameroon should be fairly tried and then punished if found guilty (like in Iceland we are starting to see a genuine big society.)

    edit - can you come and clear snow from around Cirencester - get it done today or are you lieing in your last sentence?

  12. In town the roads were salted and gritted but as usual nothing has been done to the pavements, which are treacherous ice and hard-packed snow. Even in the pedestrianised shopping centre, precious little had been done to make it safer underfoot. So - where was the Big Society? If people can't even organise to clear snow in a busy town centre, what chance of there being the will to take over public services? And no, I'm not going to put my money where my mouth is. It's not my job to clear snow in the town centre, specially if I'm not paid. :lol:

    You can usually tell when you are walking past a small family run business as the pavement is clear outside. Walk past any large corporate outlet - snow packed hard as ice making pavements unwalkable.

    That is the problem with these large corporations - the people working there have no sense of ownership nor do they care about the company other than getting the wage. Was that what Marx called alienation?

  13. Of course there can be war between the US and China. Major war hasn't been more likely for decades. I will not be at all surprised in any way when things kick off. They must think we're all stupid.

    what would it look like - such a war?

    who would benefit?

    if there is no one to benefit then I cannot see it happening. in WW2 hitler really could have defeated to Soviet Union and gone on to win. In this scenario, even if the US won it would be a massive disaster with huge losses to the country and likely falling under some other country.

  14. one bloke with a dirty nuke in the capital city of any country that uses this

    can we really have war between US and China? I do not think so. I appreciate people we saying the same 75 years ago, but really I cannot see how it could possibly happen

  15. Why do politicians and people in the UK oppose European integration so much where at least they can be on a level playing field with Germany and France, because of losing control - but will grovel to the US know matter what they do, and allow them to control everything - I just can't figure it out - maybe its the only way to get elected.

    In saying that I see france and UK military are working closer now, thats the way forward.

    because conservatives like being rammed in the **** by guys in cowboy hats.

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