We are continually bombarded with total junk economics. We were told 'stimulus' would save the world and it made it worse. Now we are being told that 'austerity' will save the world and it will make it worse.
So, who does have a plan? Not to give us a perfect system but just to end the crisis?
Finally and astonishingly, an MP has moved a bill in the Westminster parliament which will go some way towards ending the crisis. Here's the video of the first reading:
Sound money? Yes please! And an end to banks using the money in your current account to first multiply it and then use it to speculate or lend it out at huge amounts of interest thus destroying the real economy.
This bill, if passed, would end the 'financial crisis'. It might end it with a bump but it would end it instead of it getting worse which is what all parties, 'modern' corporate economists and trade-unions are selling you. This bill would prevent the citizens' wealth from being transferred to banks in order to try and hide their massive fraud which they are hiding off their balance sheets.
Guess what though, it doesn't have a hope 'n hell of being passed. Why? Because the political class and the banking class are joined at the hip.
In short, change is going to have to come from the bottom up and will likely be violent.
If you have any sense, support this bill which has received no mention in the mainstream media.
Wonder why that is?
Friday, September 17, 2010
Thursday, September 16, 2010
Mervyn Selling You Austerity! Duh, Bankers Always Sell Debt!

Vladimir: Suppose we repented.
Estragon: Repented what?
Vladimir: Oh . . . (He reflects.) We wouldn't have to go into the details.
(Waiting for Godot)
Mervyn King of the Bank of England is quoted in The Herald today as confessing:
Bank of England governor tells TUC: ‘We got it wrong’
Naturally The Herald doesn't probe Gordon Brown's role regarding quantative easing, stimulus, bailouts and regulatory legislation.
According to King:
Mr King, in a conciliatory message to the Trades Union Congress (TUC), acknowledged that while the meltdown was caused by the financial sector, the fallout was universal.
What Mervyn doesn't tell us that it was the financial sector in London and New York that sold fraudulant financial products to the rest of the world what caused the crisis. And he is certainly not telling us that they are back in the same business all over again.
The purpose of his trip to the TUC conference and his 'confession' is to sell 'austerity' to the British public:
In it, he warned that the UK Government risked plunging the country back into crisis if it did not make cuts to slash Britain’s deficit.
Now, let's make this clear, the financial sector grew fat through fraud, then when it blew up it stayed fat through bailouts and free money from Mervyn King (and still is) and now they are going to force the general public through cuts and unemployment to borrow money from banks at immoral rates of interest in order to keep bankers in a manner to which they have become accustomed.
Mervyn doesn't confess that the illusion of London City success in the past was all down to fraud. Oh no:
Before the crisis, steady growth with low inflation and high employment was in our grasp.
No it wasn't. It was all fraud and pumping more debt into the system that gave an illusion of wealth. Mervyn, you see, wants you to think that we can get it back by continuing to feed the banks public money. Well Mervyn, you don't fool me. We can't go back to false and fraudulant economy. And we are not going to continue to pay debts accrued by fraudulant bankers as we have been.
You see, Mervyn gives the banks money and charges them 1% for it. The 'insolvent' banks, having destroyed jobs and forced everyone into borrowing, then lend that money to you at sometimes anything up to 50% per annum interest. That, my friends is immoral and is destroying the real economy. However for Mervyn, the banks are the real economy. You see, most of the money in the system is created and lent out by banks at interest. So, the money which should be owned by the government and issued freely is infact created as a debt. That means the interest multiplies, the bankers get super rich and the economy nose-dives.
Here's another strategy Mervyn. Why don't the people try the bankers for fraud, dissolve the banks and walk away from the debts which were fraudulantly induced? How about that Mervyn?
Oh no. Mervyn prefers the citizens to suffer than let his banking buddies take the wrap.
My advice. Take your money out of big banks and put it into smaller independent banks. Don't feed the beast.
Oil Boom News: Independence or Tory Cuts?
Oil in Scotland's North Sea is making Britain a fortune. Enough according to Bloomberg to justify:
BP to Invest 12 Billion Pounds in North Sea Over Next Five Years
And off Shetland BP are going to drill a brand new deep-water well off Shetland next year.
Yes, just as 'Surplus Scotland' faces cuts and job losses to subsidise 'Bankrupt Britain' Scots are about to send vast amounts more money to London:

People should understand that for over 30 years Britain has been a petro-economy driven by North-Sea oil and enriching London. The money coming in from oil off Scotland's coast would increase the living standard of every Scot hugely. Instead of using this money to invest in jobs, health and education for Scots it has been used to pay Christmas bonuses for fraudulant bankers in The City of London and recently on the Labour Party's wars.
The proceeds of oil could make Scotland a well-off, egalitarian nation like Norway. Instead we suffer huge unemployment, low wages, ill-health and low life-expectancy and with nothing to show for it except more Labour MPs doing pretty well for themselves in London. That situation is set to get far worse as the Tories answer to Labour bankrupting Britain is to cut even deeper:

The choice could not be clearer for Scots. Social and economic collapse within Britain or jobs and prosperity with an independent Scotland.
So, Independence or Tory Cuts? Which Is It?
BP to Invest 12 Billion Pounds in North Sea Over Next Five Years
And off Shetland BP are going to drill a brand new deep-water well off Shetland next year.
Yes, just as 'Surplus Scotland' faces cuts and job losses to subsidise 'Bankrupt Britain' Scots are about to send vast amounts more money to London:

People should understand that for over 30 years Britain has been a petro-economy driven by North-Sea oil and enriching London. The money coming in from oil off Scotland's coast would increase the living standard of every Scot hugely. Instead of using this money to invest in jobs, health and education for Scots it has been used to pay Christmas bonuses for fraudulant bankers in The City of London and recently on the Labour Party's wars.
The proceeds of oil could make Scotland a well-off, egalitarian nation like Norway. Instead we suffer huge unemployment, low wages, ill-health and low life-expectancy and with nothing to show for it except more Labour MPs doing pretty well for themselves in London. That situation is set to get far worse as the Tories answer to Labour bankrupting Britain is to cut even deeper:

The choice could not be clearer for Scots. Social and economic collapse within Britain or jobs and prosperity with an independent Scotland.
So, Independence or Tory Cuts? Which Is It?
NewsNet Scotland and Union Propaganda

Propaganda is thick in politics and Scottish politics has its own nasty, little unionist strain of it.
Thankfully the online site NewsNet Scotland has come to the rescue. In the first paragraph of its 'About Us' page the site says:
Newsnet Scotland was created in response to a perceived lack of plurality within the Scottish media. By plurality, we mean that the views of a significant section of the population were not being articulated by any of the recognised media outlets, Newsnet Scotland is an attempt at addressing this vacuum.
Anyone with an ounce of intelligence knows that the Scottish broadcast and print media has a strong and often visceral pro-union bias. The BBC and Glenn Campbell in particular are unionist vessels. Every day wave upon wave of pro-union, anti-nationalist political propaganda is heaped upon the Scottish population. Most of it so contrived, cynical and petty that it's beyond angering. Sadly, we can not really say that we have anything like a free press in Scotland as clearly there is a revolving door between unionist parties, big business and media organisations.
So, it is to the internet that those who believe in Scottish democracy must flee and NewsNet Scotland is warmly welcomed by this blog. Already, there are up to 200 users online at any given time and that will surely grow. It is a small well of sanity which won't be small for much longer.
Users are encouraged to submit articles which are then considered for publication. Each article is then opened up for users to comment on.
Clearly there are a lot of creative people involved and I predict that the site will grow in importance over a short period of time. Anyone visiting this blog who has not visited NewsNet Scotland I urge to go and open a free account.
Clearly this website will benefit the SNP given that it has no pro-union bias like the rest of the media. However all Scots need is an honest representation of our politics. This is it folks!
Please spread the word.
Tuesday, September 14, 2010
Renewable Energy and Scotland
Scotland definately has a proud engineering heritage. See an incomplete wiki list here. The future of energy is increasingly political with 'peak oil' a very real and imminent danger and the highly controversial carbon trading exchange issue.
I came across this article:
Gold mining magnate donates £1.3m to Edinburgh university
Robert M Buchan, who hails from Rosyth, has donated the money for research into sustainable energy.
and naturally think that Scotland could well be a hub for renewable technologies. As the philanthropist is quoted:
The money will fund a top-level post in sustainable energy engineering, with a view to keeping Scotland at the forefront of the field.
And this month we will see a visit from the Spanish company Gamesa. A fact-finding mission who NewsNetScotland quotes as stating:
Gamesa will play a leading role in offshore wind energy's progress and wants to be at the centre of the development process. Therefore, the visit to Scotland will help in our decision making about potential investments in the UK, which we recognise is becoming a renewable energy hub with significant wind projects and a promising future for offshore.
With renewable energy projects all over the world up and running and a massive volume of projects in the pipeline in Asia, Europe and North America can we say that it is all a big scam like one commentor on Scotland Unspun, RMcGeddon argues?
As many thinking voters know in Scotland, there is no end to propaganda when the subject of oil comes up. Energy is vital to the our economies and modern society in general and so there's no doubt that we are subjected to lies, damned lies and statistics on the matter.
Certainly, on my blog many posts only slightly related to energy is turned into a debate on windmills and climate change scams etc.
Let's see then if we can have as informed a debate as possible on the subject. A debate where posters can up the game and give SOUND cases for and against renewables being a valid energy source or just another scam.
Can we do that?
I came across this article:
Gold mining magnate donates £1.3m to Edinburgh university
Robert M Buchan, who hails from Rosyth, has donated the money for research into sustainable energy.
and naturally think that Scotland could well be a hub for renewable technologies. As the philanthropist is quoted:
The money will fund a top-level post in sustainable energy engineering, with a view to keeping Scotland at the forefront of the field.
And this month we will see a visit from the Spanish company Gamesa. A fact-finding mission who NewsNetScotland quotes as stating:
Gamesa will play a leading role in offshore wind energy's progress and wants to be at the centre of the development process. Therefore, the visit to Scotland will help in our decision making about potential investments in the UK, which we recognise is becoming a renewable energy hub with significant wind projects and a promising future for offshore.
With renewable energy projects all over the world up and running and a massive volume of projects in the pipeline in Asia, Europe and North America can we say that it is all a big scam like one commentor on Scotland Unspun, RMcGeddon argues?
As many thinking voters know in Scotland, there is no end to propaganda when the subject of oil comes up. Energy is vital to the our economies and modern society in general and so there's no doubt that we are subjected to lies, damned lies and statistics on the matter.
Certainly, on my blog many posts only slightly related to energy is turned into a debate on windmills and climate change scams etc.
Let's see then if we can have as informed a debate as possible on the subject. A debate where posters can up the game and give SOUND cases for and against renewables being a valid energy source or just another scam.
Can we do that?
Monday, September 13, 2010
SNP Must Prepare to Leave Westminster
Depression, civil unrest, conflict - it's all coming. This Scotsman headline will be one of many:
Cuts: now it's war
Should Scotland use this moment to go for independence?
I warned of social and economic chaos whilst Gordon Brown was talking about 'bail-outs' and 'stimulus'. It was clear that bankrupting Britain was going to cause serious economic and social problems and Labour have achieved it. Now the Tories and not Labour will give you 'austerity' and you'll have a class war to distract you from what's really going on - more banker thieving.
That said, union leaders anticipate intense public fury and are preparing said class war:
Plans could include sit-down protests on roads, mass industrial action and high-profile stunts at key public buildings.
As the debt and the cuts drastically reduce the average citizen's standard of living the very notion of Westminster legitimacy will become even more questioned than it is now. The people do not trust the political class and people are sick of the corruption and doubt the very viability of Westminster.
Is this the right time for the SNP to pounce?
Just as the unions falsely put the blame on the Tories, it seems to me that in Scotland the shift of blame can go from a single party to the Westminster system itself.
It may well be time to withdraw SNP MPs from the London parliament as argued here.
This could be the nationalists' check-mate move. Just at the point where the people are angry at being ripped off by banks with the collusion of both UK parties there is a real case for shifting the focus of blame from one party to the Union itself. Scotland did not vote Tory and so you have a mandate issue simmering underneath too.
Naturally this would require a successful Holyrood campaign fought on the issue of independence. The issues of the kiboshed democratic referendum and the mandate will resonate alongside the matter of economic independence.
The timing could not be better for outmanouvering the Scottish unionist establishment as argued by Gerry Hassan:
On the other hand, the unionist parties and institutional establishment of Scotland have not come to terms with the depths of the multi-faceted crisis of Britain: of its politics, democracy, state and economy.
The SNP should be readying itself to play hardball. Get the groundwork done and make a bold move towards independence. It's not going to happen over tea and biscuits Alex.
Cuts: now it's war
Should Scotland use this moment to go for independence?
I warned of social and economic chaos whilst Gordon Brown was talking about 'bail-outs' and 'stimulus'. It was clear that bankrupting Britain was going to cause serious economic and social problems and Labour have achieved it. Now the Tories and not Labour will give you 'austerity' and you'll have a class war to distract you from what's really going on - more banker thieving.
That said, union leaders anticipate intense public fury and are preparing said class war:
Plans could include sit-down protests on roads, mass industrial action and high-profile stunts at key public buildings.
As the debt and the cuts drastically reduce the average citizen's standard of living the very notion of Westminster legitimacy will become even more questioned than it is now. The people do not trust the political class and people are sick of the corruption and doubt the very viability of Westminster.
Is this the right time for the SNP to pounce?
Just as the unions falsely put the blame on the Tories, it seems to me that in Scotland the shift of blame can go from a single party to the Westminster system itself.
It may well be time to withdraw SNP MPs from the London parliament as argued here.
This could be the nationalists' check-mate move. Just at the point where the people are angry at being ripped off by banks with the collusion of both UK parties there is a real case for shifting the focus of blame from one party to the Union itself. Scotland did not vote Tory and so you have a mandate issue simmering underneath too.
Naturally this would require a successful Holyrood campaign fought on the issue of independence. The issues of the kiboshed democratic referendum and the mandate will resonate alongside the matter of economic independence.
The timing could not be better for outmanouvering the Scottish unionist establishment as argued by Gerry Hassan:
On the other hand, the unionist parties and institutional establishment of Scotland have not come to terms with the depths of the multi-faceted crisis of Britain: of its politics, democracy, state and economy.
The SNP should be readying itself to play hardball. Get the groundwork done and make a bold move towards independence. It's not going to happen over tea and biscuits Alex.
Sunday, September 12, 2010
Brown Must Face Trial
It is time that we faced reality and made Gordon Brown stand trial for economic negligence.
According to The Telegraph, Iceland's former Prime Minister is to stand trial for 'economic negligence' relating to his conduct during his tenure:
Former Iceland PM faces trial over bank collapse
And it's not just the former PM who is to face charges of neglect in connection with the crash of the Icelandic economy and currency:
A special investigation committee, known popularly as the Truth Commission, recommended that Geir Haarde, the former prime minister, stand trial, along with Björgvin Sigurdsson, the former minister of commerce, and Árni Mathiesen, the former minister of finance.
The report is damning in its conclusions:
Its report says that Mr Haarde and his colleagues ought to have realised the extremely serious nature of Iceland's financial problems more than six months before the crash – but claims they failed to act.
The committee concluded that officials "lacked both the power and the courage to set reasonable limits to the financial system".
Iceland really has shown the way in terms of who should be blamed for the 'Crisis'. In the UK, the financial and economic situation is a complete disaster for the population. It is bad now but you are only seeing the beginning of the absolute mess Labour has left as its inheritance. On top of that the pound is collapsing at a pace. And yet we are to believe that the economy did it all by itself. That's the big con!
The financial crisis has been a global epidemic but it eminated from the sale of financial products to the rest of the world from London and New York but mostly London. Brown knew it was happening and changed the rules to facilitate it. And to do it he had to start at home by loading up the population with as much debt as possible. To pay for all the fraud The City caused, Brown gave them bail-outs and free money meaning taxpayers will have to take the hit. He lied about the state of the UK's finances and about what he knew about the finances of the banking system which was and is insolvent.
The economy will not level until all the fraud is cleansed, and the fraudsters are jailed. When the bankers face the judges it will not be long until Brown is caught and the whole fraudulant financial system, now dependent on state hand-outs, comes crashes down. If this happened in a company a director or directors would face charges. Ministers must face charges as it is not believable that they did not know what was happening and must have been collaborating..
We should take a leaf out of Iceland's book and start the proceedings as soon as possible. The longer it takes to clean up the system the harder every British family is going to get hit.
If you want a functioning economy with jobs and public spending then Brown must be tried as soon as possible.
According to The Telegraph, Iceland's former Prime Minister is to stand trial for 'economic negligence' relating to his conduct during his tenure:
Former Iceland PM faces trial over bank collapse
And it's not just the former PM who is to face charges of neglect in connection with the crash of the Icelandic economy and currency:
A special investigation committee, known popularly as the Truth Commission, recommended that Geir Haarde, the former prime minister, stand trial, along with Björgvin Sigurdsson, the former minister of commerce, and Árni Mathiesen, the former minister of finance.
The report is damning in its conclusions:
Its report says that Mr Haarde and his colleagues ought to have realised the extremely serious nature of Iceland's financial problems more than six months before the crash – but claims they failed to act.
The committee concluded that officials "lacked both the power and the courage to set reasonable limits to the financial system".
Iceland really has shown the way in terms of who should be blamed for the 'Crisis'. In the UK, the financial and economic situation is a complete disaster for the population. It is bad now but you are only seeing the beginning of the absolute mess Labour has left as its inheritance. On top of that the pound is collapsing at a pace. And yet we are to believe that the economy did it all by itself. That's the big con!
The financial crisis has been a global epidemic but it eminated from the sale of financial products to the rest of the world from London and New York but mostly London. Brown knew it was happening and changed the rules to facilitate it. And to do it he had to start at home by loading up the population with as much debt as possible. To pay for all the fraud The City caused, Brown gave them bail-outs and free money meaning taxpayers will have to take the hit. He lied about the state of the UK's finances and about what he knew about the finances of the banking system which was and is insolvent.
The economy will not level until all the fraud is cleansed, and the fraudsters are jailed. When the bankers face the judges it will not be long until Brown is caught and the whole fraudulant financial system, now dependent on state hand-outs, comes crashes down. If this happened in a company a director or directors would face charges. Ministers must face charges as it is not believable that they did not know what was happening and must have been collaborating..
We should take a leaf out of Iceland's book and start the proceedings as soon as possible. The longer it takes to clean up the system the harder every British family is going to get hit.
If you want a functioning economy with jobs and public spending then Brown must be tried as soon as possible.
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