Thursday, Sep 07, 2006

Aftermath of Blair

Telegraph: By the time Blair goes, he\'ll have left an Enron-style disaster

Interest rates are going up, unemployment is going up, so too are taxes and domestic fuel bills. Little wonder that Britain\'s feel-good factor is down in the basement. \r\n \r\n

Posted by bufferbear @ 12:14 PM (536 views)
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19 Comments

1. uncle chris said...

I'm not sure he's the only one to blame. Crash Gordon's lack of control over both public and private finance sectors will probably be the major factor involved. That said, I'm soooooooooo glad Bliars being made to sling his hook. However, as the man is the most devious, deceitful and frankly corrupt Prime Minister I've known, I'll believe it when I see it.

Thursday, September 7, 2006 12:46PM Report Comment
 

2. indiablue19 said...

Definitely Crash is the man to watch. Blair's as good as over-with. But we must remember that CG is truly at the bottom of the economic mayhem. Maybe Reid is next if Crash is an unpopular other places as he is on this site. By the way, anybody noticing what's happened to sterling over the past couple days? Dropping like a stone. From nearly 1.91 to the dollar at the weekend down into the 1.87s today. Opinions???

Thursday, September 7, 2006 02:13PM Report Comment
 

3. Sam. said...

I think the dropping of the pound is mainly down to the problems in the govenment, the FTSE has been following the same trend. Also some people will suggest that 1.91 is high for the dollor/pound. At it's current rate it's still well above it's 12 month low.

Thursday, September 7, 2006 02:40PM Report Comment
 

4. C'mon Correction said...

Sterling has taken a hit with the lower oil price. I don't understand exactly why sterling has been so strong recently and why is it so in sync with oil prices. Can anyone explain why please?

Thursday, September 7, 2006 02:56PM Report Comment
 

5. Mrminsky said...

Anyone notice how Bliar forked out 3.5m on his London house (mortgage absolutely unaffordable on a PM's salary/pension) around the time he gave the US unconditional military support in Iraq. Talk about conflict of interest..you give the US unconditional support, you are deemed Churchillian by Americans, and your after dinner speaking fees will soar in the US (it will be interesting to see how many speeches he does outside of the US). C'mon Bliar..donate your after dinner loot to your favourite Iraq charity.

Thursday, September 7, 2006 04:04PM Report Comment
 

6. Cstanhope707 said...

Given the amount of exesive Government spending I see us going to the IMF again with begging bowl in hand..

Thursday, September 7, 2006 05:41PM Report Comment
 

7. japanese uncle said...

It should make no difference if or when Bliar has gone, as the voters in this country have no alternatives at all, now that LibDem has been castrated by the the political assassination of Charlie Kennedy. The largest three parties are all under control of the House of XXXXXXXXXX (too obscene to be voiced), who can exploit, abuse, squeeze or do whatever they like out of this nation and the world. I can predict that UK will join US in invading Syria and Iran after Lebenon at the cost of further hundreds of servicemen and thousands of civilians, despite straneous opposition from all parties. It is surprising that majority of the UK voters who clearly earn less than the average income and without any privilege, are so happy to offer (or do not vote at all) their hard-earned votes to the politicians whose job seems just to push sugar-coated poison pills with plausible smile, to the great advantage of the most powerful and wealthy. I my opinion half of the voters need brain transplantation to properly function as decent electorates not only in UK but in Japan, while 90% need it in the States.

One thing is certain, our Bliar will be duly rewarded for his literally bloody contribution to their profit and most probably appointed as non-exec directorship in Carisle or Halliburton, plus multi-million pounds contract for his filthy autobiography or else with the Rupertie.

Thursday, September 7, 2006 07:08PM Report Comment
 

8. Ticktock said...

REF-By the way, anybody noticing what's happened to sterling over the past couple days? Dropping like a stone. From nearly 1.91 to the dollar at the weekend down into the 1.87s today. Opinions???

i believe that core inflation figures in the US have just been significantly revised upwards, perhaps leading to a realisation that US rate rises are probably not done yet (ouch). This has caused a (temporary) 'bounch' in the $US, and Stirling may have fallen off as a result.

I also think that the BOE are controling exchange rate in quite a broad range in order manage inflation of the import/export variety, while allowing inflation to rip into us domesticly for the reasons so often listed on this board.

In addition,the day trading 'sheep' that react to data/ news instantly (and actualy believe that it represents some sort of reality!) are nervous, and are clicking the mouse even more than usual.

Thats my best guess anyway!

Thursday, September 7, 2006 08:10PM Report Comment
 

9. indiablue19 said...

Dear JU
You may believe it is the US electorate who needs a brain transplantation. I am here to personally inform you that the people aren't the problem. I voted there in 2000 and, as I've reported here before, my vote meant nothing. Machines mysteriously "didn't work," voters in Florida were not permitted to register on the basis of misdemeanor crimes [the standard for exclusion is felony], entire counties didn't have their ballots counted properly [as anyone who watches the news should know], the West Coast voters who are three hours behind in time were told that there was a landslide in Bush's favour and not to bother voting. And in the end the votes were still so close, despite all the manipulation, that there was a hand recount. You may be aware that Bush was finally slammed into office, for the first time in US history, by a "final" decision of the Supreme Court, a majority of whom were appointed for life by his Dad. Don't be naive. Whoever controls the money and the media, controls the votes and the mentality of the people is secondary. Long time respected news journalists who came out against Bush later on were "discredited" and fired -- something akin to a public hanging. I wish you were right and the people made any difference. Just like here in the UK -- they don't. And, might I add, most of what is reported on this site about the USA is entirely biased and uninformed if not downright stupid.

Thursday, September 7, 2006 10:49PM Report Comment
 

10. inbreda said...

I agree. Intensely depressing though it may be, I agree with Indiablue19.

Thursday, September 7, 2006 11:19PM Report Comment
 

11. uncle chris said...

America is a strange kettle of fish. It contains some of the most generous, friendly and genuinely decent salt-of-the-earth people, and yet it also has some of the most greedy, loud, selfish, self-serving people (mainly lawyers), as of course we also do. I think the people of America are often tainted by the sins of their leaders, which is not fair. Sadly the days are gone where those in power are honest and decent (in Abraham Lincoln style) and now America, along with most of the world, is run by financially driven corporations.

Thursday, September 7, 2006 11:20PM Report Comment
 

12. indiablue19 said...

Dear U Chris said.....
That is the saddest part. Of the truly kind people I've ever met, I'd put the USA folk at the top or near. Somewhere amongst Northern Chinese, Irish, and rural French. Oh, the Polish people seem incredible as well. Oddly enough, knew a great number of those in Spain. I'm sure there are many other folk who are wonderful as well, but those are the most remarkable I've known so far. But I outright could cry for Americans. They are like babies. They've got no clue how hated they are. And they don't even get to see the news that would tell them why.

Thursday, September 7, 2006 11:25PM Report Comment
 

13. japanese uncle said...

Indiablue's point is taken, within obvious limitation, though. A few percent of the votes can be manipulated via some dubious electronic method and I have absolutely no doubt at all (Incidentally this expression is far discounted these days, and no longer carries its original impact as our Bliar used this so often, just to mean "I have serious doubt.", Pity! He is really responsible for the 'inflationaly dilution' of English usage.) that GWB stoled considerable number of votes by this method. But in any event American voters do not seem intelligent enough to function as such, with some excepting in urban areas. Meantime I suspect not a few of those rather clever Americans believe their BIG STICK policy is good for their economy and thousands of victims among their own service men, let alone local residents in the middle east are just 'necessary sacrifice to a greater cause (ie. their money making)' , which is dispicable beyond words. Anyway in view of what happened in the US, I strongly oppose to any other voting methods than the traditional one in which voters go the polls themselves.

Thursday, September 7, 2006 11:35PM Report Comment
 

14. japanese uncle said...

Uncle Chris;

Abraham Lincoln's sponsor was a financial tycoon in North Carolina called A. Springstein who was close to the House of XXXXXXXXXX, who made tremendous profit through US Civil War.

We had better flush/reshuffle all what was crammed into our heads in school, I guess.

Thursday, September 7, 2006 11:46PM Report Comment
 

15. indiablue19 said...

JU....
I am one hundred percent in agreement about the common person be promoted as cannon fodder for business interests -- both literally and figuratively. I can not, however, single out the average American voter, nor any nationality of voter, as more or less intelligent than another. You will note on this Blog in the past week education professionals from Oxbridge who attest to the illiteracy of "successful" students whom they have tutored in basic skills as the most prestigious schools and universities. In the US you have only to review the State test scores to know in which regions of the country you are likely to receive the best education. The Northeast in general, Wisconsin, Kansas, among other areas. Other areas are poor. A lot depends on parents and whether they help their children and whether they care what is important in the world and pass that along. Thus, it is possible to come out of a poor area with a great deal of knowledge and critical ability. From observing my children's education progress here in the UK it seems much the same. Some go on to important Universities through influence, not intelligence. Those with money can live in the better districts or buy their children's credentials and careers for them.

Only this evening there was a programme on business interests in the UK and a litany of complaints from managers on how extremely tired they are of trying to bring a majority of new workers [who supposedly graduated school] up to speed in basic maths, reading and spelling. There is no way these individuals can be informed at the level you are suggesting for voters and they are apparently quite prevalent in the population.

I believe that lack of thought about anything more crucial than the newest video game or brand of lager is rampant throughout the world and it is going to take some extraordinarily devastating circumstances to make the point that we simply can't afford such ignorance. And as frustrating as it may be to be among the cognizant few, blaming one another for the problem isn't going to solve it.

Friday, September 8, 2006 12:11AM Report Comment
 

16. inbreda said...

Intelligence issues aside, I have anecdotal evidence ... while travelling for several years I met pretty much every nationality you could think of. I made a lot of good friends. There were in fact only four people who really annoyed me, and by complete coincidence they were all American. And I only met about 7 in total. One American woman thought the war in Iraq was a good thing. Almost speechless, I managed to ask her why, and she thought about it for some considerable time before saying "I think everything happens for a reason and the war in Iraq is a good thing like the Crusades". She was deadly serious, and I asked why she thought the crusades were a good thing. She thought about it some more and said "Because without the crusades we would never have discovered gunpowder". I stopped the conversation at that point - I didn't even want to know whether the slaughter of millions and the invention of the gun and the ensuing slaughtering of further millions justified the wonder of fireworks.

Friday, September 8, 2006 11:11AM Report Comment
 

17. indiablue19 said...

Inbreda....
Now I am nearly speechless. I never have thought of you as provincial, based on the many interesting comments you have made in the many months I've watched this site. But I do have one thing to say. You have put "intelligence aside," [which was the issue at hand], and now "anecdotally" condemn the American people of some unnamed crime, based on meeting four that you happened to have come across, one of whom happened to make an inane association about gunpowder and the Iraq war. And so I register this please -- if anyone on this site ever WENT to America, except to Disneyland or the beach of Florida -- and met Americans at home, without instantly putting them on the defensive about politics, but just met as human beings and spoke as human beings, you might have a more realistic impression of who they are and how they are and how much they are just like you.

Who needs to invent gunpowder anyway when we have mindless character assassination in the cupboard?

I have met thousands of silly, arrogant, unhelpful, bureaucratic, slovenly, drunken, obnoxious, greedy, atheistic, scheming, lying, jealous, unhappy, immoral, lazy, judgmental, narrow-minded, mercenary, selfish, borish, avaricious, belligerent native British people in the five years I've lived right here in Britain and tried to keep a home and do business with the locals. But that doesn't really tell me anything about the British People in the main. Because I will not judge 60 million and their national character based on a mere several thousand, even if they are predominance of who I personally have seen.

And I will continue to protest that you, Americans, and who knows who else, are fed garbage by the media -- and it shows in both cases.

Friday, September 8, 2006 02:38PM Report Comment
 

18. Ticktock said...

India,

Of course your point is valid, and nobody should blame all Americans for all the evil that is commited in their names.

However, there will be a heavy price to pay for our collectve apathy and ignorance in years to come. Our failure to find any way to restrain the racist terrorists that currently rape the world in the name of 'freedom' will lead to the suffering of us all in the end, however 'nice' we may be to each other in the mean time.

We allowed our democracy to be hi-jacked and abused while we all got fat and shrugged our shoulders.

The Anglo-US-Isreali 'axis of evil' is now in terminal decline, and the rest of the world (rightly) has many scores to settle with us. We will pay a heavy price for our crimes in the years to come.

How long have we all seen through the lies? and what have any of us done about it?



Friday, September 8, 2006 04:57PM Report Comment
 

19. indiablue19 said...

Tick Tock said....

Absolutely as you have said. And, in all fairness I believe this must be something of the point that Inbreda is trying to make as well, however confused his explanation may have been. I well know he is not a foolish person, and I imagine this is the issue that any thinking person is struggling with just now. And the less we allow frustration to make mortal enemies of we the common folk, the sooner we may find a way to change this aspect of the world. It plays into the hands of the perpetrators; this monied, ignorant and wealthy "axis of evil" [to steal an phrase from GWB] that those of us still standing argue amongst ourselves and find fault, rather than pointing the finger in the right direction.

Friday, September 8, 2006 08:53PM Report Comment
 

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