Executive Sadman
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Martin Armstrong (along with Karl Denninger) has been one of the few commentators who has been highly critical of government reaction to the credit crunch, but has not bought into the Hyperinflation hysteria that most austrians, tea partiers, Ron Paul acolytes and the rest fell into. That said, why, given somewhere around 99% of economics failed to predict the credit crunch, would anyone trust economists anyway. Its sad that many of the people making up these doomsday projections will be the same ones who said 'everythings OK' in 2007, just before everything went boom. I doubt any lost their gravy train jobs.
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Same people who voted Cameron, In my experience. They dont particularly like cameron, cant name one policy of the tories they like, but Cameron has managed to cultivate an image in their minds of him being 'moderate' 'predictable', a man of the middle ground and a 'steady as she goes man' People who dont have the time or inclination to go anywhere beyond the 6 o clock news for their feed of current affair are likely to vote remain. Basically people who dont like change, like perceived stability (although, to paraphrase minsky i think in life in general, not just economics, stability is destabilizing) and respond well to fearmongering. They have a big mortgage, have an 'OK' job, have enough to fear losing it all. Basically people who are prisoners to the rat race.
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Im personally not as pessimistic about the IQ vs Race issue. I think environment is probably understated by those who focus on it (although overstated by the political and 'scientific' consensus) The highest academic achieving group in the UK is actually a tribe of blacks (nigerian Ibos) and the lowest, a white group (Irish travellers) My reservations are more 1) Vulnerability to Identity politics and the desire of the left to harvest it. 2) the sheer numbers of immigrants and their effect on quality of life.
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Only way I can see africa would 'develop' is if they had some massive (and potentially very authoritarian) government structure like china. Thats the only kind of circumstance I can see anything being achieved in such a short time. It still took since 1980 in China, and china only had to find work and futures for a few hundred million as a starting point. Africa is already a billion. Given the ethnic and tribal divisions, such a thing seems a pipe dream however. Then you have the increasing colonization of Islam, which wont do anything for birth rate reductions (and, morbid though it is to look at it this way, a reduction in HIV deaths leading to further population increases) Never been to africa myself. Relatives do charity work out there. The women seem to do all the work, the men sit around smoking/drinking. Colleages have been on business. Bribery seems the only way to get anything done. Those are the only 'personal' observations i've got to go by. I have no desire to find out first hand either!
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The trouble is, when you are importing a constant flow of people used to living in conditions like this.... People who are basically content to just have running water and electricity, expect to see the housing stock further degraded. Semis cut up in to 3 or 4 flats, gardens used to host sheds with beds and so forth. 4 billion people in Africa by 2090. If people think immigration is bad now/ the UK is crowded now, wait a few more years.It hasnt even started yet.
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The trouble is, when you are importing a constant flow of people used to living in conditions like this.... People who are basically content to just have running water and electricity, expect to see the housing stock further degraded. Semis cut up in to 3 or 4 flats, gardens used to host sheds with beds and so forth. 4 billion people in Africa by 2090. If people think immigration is bad now/ the UK is crowded now, wait a few more years.It hasnt even started yet.
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Most the younger generation are too scared to say something 'controversial', so we get banal, pointless everyone is in agreement on any matter of importance. Given the possible thought crime shite, maybe they are correct.
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Why when Salmond comes up with things like " oil will bankroll an independent scotland and it will never go below $100 a barrel again" is he invited to talk about matters of independence? How big, or how many utterly unfounded 'predictions' can moronic politicians make before they are on the scrapheap?
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The letter comes across as whiny and irrelevant (and gloating) (what has the rate on his mortgage got to do with his student loan rate anyway? A mortgage has collateral. It should be lower.) His house cant swan off to Dubai or America for a start. HOWEVER, even on this forum we have discussed how absurd it is for the government to call banks hardball selling loans to people who are legally adults 'misspelling' while they themselves sell to many 17 year olds who are still legally children. (and also state earnings as if they are a given upon graduation) IMO student loans are evil, but not for the gimme gimme gimme reasons this dolt states.
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Liam Byrne's Hardest Lesson
Executive Sadman replied to Bland Unsight's topic in House prices and the economy
Until the top brass of labour actually come out and directly state, over and over, house prices are obscene, they must fall by between 40-80% depending on region, one has to assume they still believe high prices are the key to electoral success. No more, 'we'll get more affordable housing for keyworkers' 'we'll free up brownfield land' 'well tackle the london housing shortage' Just a simple, prices are obscene' Over and over. We will halve the value of your house. When they speak the unspeakable, then well know they mean it. They wouldnt say it otherwise.- 20 replies
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Hard to say. The SNP is of course a lot older party, and has never had to rely on having a charismatic leader. Truth be told, you'd be hard pressed to find someone less charismatic than either Sturgeon or Salmond, and yet the party still persevered. I suspect whatever the result, Farage might resign (and not come back this time!) and someone will have to work very hard to replace him. Nutall has the personality, but doesnt IMO have the 'leader' streak. Woolf seems more leaderlike, but not as much personality. Also, the SNPs rise in scotland coincided with a lot of votes deserting the libdems, and labour too. There was a big pool of centre left/left votes up for grabs, regardless of independence or not. Some of that was probably due to the nature if the 'stay' campaign, but a lot just pissed off with the 'cartel' parties. That isnt really the case with UKIP. Maybe a few percent will turn right. But unless le Pen or some other 'far right' group wins big in Europe, de-toxifying the idea of something more nationalistic than the tories, I dont see it. I guess UKIP might pick up a few % more voters from both labour and tories, but wouldnt bet on it.
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I doubt it. Media keeps saying its the BoE 'who swung it' The same BoE who continually miss their inflation targets and GDP growth projections. If such an utterly incompetent bunch of overpaid chancers can change opinion despite their dire record, people have very short memories indeed.
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Banksters really scraping the barrel. Next week, Why not treat your dog to a doggy house mortgage.
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http://www.theguardian.com/commentisfree/2016/may/20/brexit-best-answer-to-dying-eurozone-eu-undemocratic-elite?CMP=share_btn_tw A largely ******** article, apparently the 'tea partiers' are 'neo-liberals' (not austrian leaning, or demanding an end to bankster bailouts) and banksters are 'deflationists' (they really lobbied against QE...oh wait) but the comments are refreshing...most guardian readers seem to see the EU for the creepy, circle-the-wagons mentality bunch of centralizing bureaucrats it is.
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Labour Calls For Councils To Help First-Time Buyers
Executive Sadman replied to kjw's topic in House prices and the economy
Shove more money into the mortgage market. How exciting. -
Supposedly Zhirinovsky is simply there as a plant of the Kremlin to sound extreme so putin is the voice of moderation. It makes sense. No one I talk to has anything good to say about Cameron. But virtually everyone seems to have voted for him because he is portrayed as a centrist, a moderate. A lot of people think Parties like UKIP or the greens split the right and left. In fact I think they are able to frame the more mainstream parties as 'moderate' and due to FPTP are actually beneficial.
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The City Where You Will Never Find A Home
Executive Sadman replied to Marshmellow's topic in House prices and the economy
Except the one diversity that might actually matter, opinion. -
The City Where You Will Never Find A Home
Executive Sadman replied to Marshmellow's topic in House prices and the economy
Im always reminded of this image. Marketing is everything. Apple is perhaps one of the most typical 'evil big corporations' in history. Cut-throat with suppliers, awful privacy policies, suicides in their slave shops, and yet the 'humanitarian' trendies love it. Cover the stormtroopers in gay pride flags and benedict cumbersausage would be inviting them over for tea. -
The City Where You Will Never Find A Home
Executive Sadman replied to Marshmellow's topic in House prices and the economy
I saw this image with the words '570 sq ft of all mine" staring back at me from the lloyds tsb yesterday. In no other time over the last 100 years would 570sq ft be something to brag about. The ad was in rural cambridgeshire, not inner London. The poor sod cant even afford a bookcase and chair to fill his dingy cell with. Expectations and aspirations have been well and truly lowered. -
Too young to see how far things have fallen?! No benchmark to measure against... At 17/18 I was pro-EU. It was around the time of the 2001 election, and Hague had his 'two weeks to save the pound' election line. At the time I wanted to join the Euro and was scared shitless the tories would win. Hague always was a better debater than bliar. In my defence, there was no migrant crisis, no 2.5 million Poles/Romanians in the UK, no ECB-goldman sachs cabal gutting nations. I would like to think if I was 18 now, even with the pro-EU propaganda, id vote leave.
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Telegraph: I Have 3 Btl - Should I Buy More?
Executive Sadman replied to rantnrave's topic in House prices and the economy
Maybe he just can't add up? Seems a common theme among BTL'ers. -
Rumours -Uk Immigration Numbers Released Weds 12Th May
Executive Sadman replied to spyguy's topic in Current affairs
Used to be kind of quirky to hear a foreign accent in the supermarket about 15 years ago. Now its kind of quirky to hear another English accent!