Sunday, January 31, 2010
(Readers accessing this at The Conservative Blog, click this link to watch Julia Middleton. Or click through to The Tap.)
This is Julia Middleton. She's the founder of Common Purpose in the UK, although it also exists in the USA and other countries besides. This organisation selects people inside government agencies, politics and the media, and over a two day period of 'training', delivers brainwashing neuro-linguistic techniques which overwrite their natural personalities, and make them capable of carrying out acts which they would previously have believed to be wrong.
It is estimated that 1000 people inside the BBC have undergone this form of 'training', and up to 25,000 in the Police, the NHS, in schools, the armed forces and all areas of government. The people who succumb become like members of a religious cult, often cut off from their friends and families, giving their primary loyalty to the organisation.
The best explanation I have seen of this was from Brian Gerrish, who played Julia Middleton talking first of all, and then guided by an expert in Neuro Linguistic Programmimg, explained how her voice, facial expressions, hand movements and words were achieving control over the listener's mind.
This short video gives just a flavour of how the organisation, Common Purpose, is seeking to destroy our society from within, putting Fabian socialist philosophy into practice, by brainwashing individuals and controlling their actions to bring democracy to an end and replace it with a powerful totalitarian state.
After 48 hours of intensive NLP, many susceptible people are willing to do whatever they are asked to do.
In her book 'Beyond Authority', she refers to useful idiots and expert idiots.
I'll get a copy and report back. (I tried but the book is not listed as for sale in book shops)
Common Purpose is a publicity-shy Charity, which is permitted to build a network and exert hidden control across government. It was a Fabian strategy to 'make charity the hidden hand'. There are 170,000 charities in Britain, known as the 'third' sector. Fabians do not believe in democracy but the subversion of democracy. This is an attack on our way of life, with many sinister outcomes.
Check out Brian Gerrish on youtube.com, who documents the effects of Common Purpose, or click the website Common Purpose Exposed.
There is growing evidence that Common Purpose has strong associations with paedophilia.
TO ADD -
Re Kingston Hospital, where the Lib Dems are falsely claiming it is threatened with closure - See story on Guido HERE.
I was taken into a ward suffering 105 temperature, and nasty symptoms. Next day a robot woke me at 5 am, told me I must have been taking drugs to be so sick, and that my illness must be my own fault and that I should not be treated.
I left and went to a Private Hospital which diagnosed a life threatening condition of a malfunctioning nervous system. It cost me £20,000 overall to get well again, but it’s not the money that matters. Robots with programmed brains should not be running hospitals or public services.
No doubt a robot will come up with a false document to add evidence to the closure story. The nurses and doctors were first class. But the political apparatchiks in there are killing people. The Police State is alive and well inside Kingston Hospital, and killing innocent people.
See Julia Middleton's NLP analysed HERE.
Saturday, January 30, 2010
Pim Fortuyn who was about to win power in Holland, assassinated on May 6th 2002
Someone's hacked my computer. The anti-virus defender has found a keylogger has been installed. That means every key I tap is packed into a file and sent to someone, probably over a Skype connection.
All my emails, chats and passwords are sent on to whoever has decided to hack me.
I guess it's political. In some ways it's even flattering. In politics, unless you're upsetting someone, you're not doing a lot of good. It reminds me of earlier elections when I was an activist, and when I was involved in other activity, such as blocking Portillo's attacks on IDS in 2003. Phone taps, strange emails, odd people turning up, cameras, video recorders. I've seen it all.
I am particularly worried about the coming election. The Labour Victory election narrative was forecast by Labour's election planners in December. The polls,we were told, will be around 10% in December. Then the Conservative lead will gradually be reduced to 3% or so, giving a Labour victory.
So far the polls are performing to order, gradually attenuating the Tory lead down from 10% (which is still given at 16% by Angus Reid Strategies).
The first Election narrative, the Hung Parliament, began after Cameron declared his intention to repatriate powers when Lisbon was signed. Since that moment, it was clear that he would not be allowed to win an election.
In December, the HP narrative was upgraded into a Labour Victory narrative, announced in a short paragraph towards the end of a Times article, stating in advance exactly what will happen in the polls and when. Everything that's happened since has been a continuation of what was stated then. The role of the pollsters is to build the expectation in the public's mind of the result that the riggers will then go ahead and create.
Postal voting will sort out the votes required. Ballot box activity will remove the necessary votes from the Lib Dems and UKIP. The polls merely create the expectation that everything is as normal. In a way, it is exactly as normal. They will do exactly enough to keep any eurosceptic out of power in Britain.
Thatcher was removed when she decided to rebel. Earlier strong British nationalists such as Mountbatten and Neave had been assassinated, supposedly by Irish terrorists.
(Wikipedia - On 18 October 1986 Powell returned to the subject of Neave's death in a speech to Conservative students in Birmingham. He told them that INLA had not killed Neave, but that he had been assassinated by "MI6 and their friends".)
Hague didn't stand an earthly. IDS was media assassinated before he could even try to win power. Howard was kept out with heavy postal voting in marginal constituencies. Cameron is going to be given the full treatment, postal voting and ballot box tampering, which is why the overnight storage of ballot boxes is being introduced. (That might be preferable to the method used in Holland to keep Pim Fortuyn from winning the election - a bullet in the brain).
The EU is in in crisis enough with their finances all over the place, and the Lisbon Treaty proving more difficult to implement than expected. They are simply not going to risk a eurosceptic Prime Minister in Britain, which Cameron, perhaps foolishly declared himself to be, before the election was won, when Lisbon was signed in Prague. His media coronation four years ago was conditional on his complying with the EU's requirements. If his complying was, all the time, an act, he should have maintained it til later.
The Local Authorities have been penetrated by Common Purpose and know what they have to do. Nothing will be left to chance.
Fraser Nelson has had his Lobby Pass removed, and must be aware that his career is threatened if he continues to offer opinions that the government is finished, even though, according to any rational expectation, Brown is totally blitzed.
The Civil Servants who have gone public declaring that the government is unworkable, will be ruthlessly purged after the election. We are getting close to a totalitarian state. They cannot maintain the pretence of democracy much longer.
Maybe the BNP and UKIP might wake up in time to where the game of politics currently is, and align behind Cameron for this election. They might as well. They have nothing to gain by opposing him, and maybe much to gain if they back him. They are dealing in a future fantasy, while the threat is current and real.
Just as the DUP and the UUP in Northern Ireland might decide to close ranks to block the advance of Sinn Fein, the right in Britain should stand as one in a FPTP election, with the objective of blocking Labour and the EU. It might be our last and only chance.
Or do we want Peter Mandelson as the first 'Prime Minister' of New Britain, the Millennium's first openly totalitarian European state?
AN EARLIER POST WITH MORE DETAILS -
CLICK ON THIS POWER CHART OF THE UK - From www.cpexposed.com
This is the organisation that will rig the coming election, and is preparing to provide an alternative post-democratic government. Mandelson is the current shadow ruler of Britain. He expects to become the future national leader of a post-democratic Britain.
Some peoples' nerves are more susceptible to Mercury than others. After watching this video, you can see how and why Mercury is associated with many ill effects, such as inhibiting the brain development of some kids, or bringing on Alzheimers or Parkinsons in older people.
You can get Mercury removed from your body by chelation, using EDTA intravenously, or with suppositories. It is worth having a test. Only thing is you cannot get that on the NHS in the UK.
I would get all Mercury removed from your teeth. As for vaccinating children, proceed with care. The health industry is very sensitive about being accused of causing autism. If at all possible don't get mercury into our bodies. Our lives will be the better for it. Note particularly that lead, cadmium, aluminium and other heavy metals do not inhibit nerve growth. Mercury is the one to watch.
FROM WEBSPIDER (Link.)
Here"s a quick list of the most common ingredients included in Vaccines. From your child's MMR jab to the latest H1N1 Swine Flu Vaccination ,they all contain many, if not all, of these substances. In 1980 only 1 in 10,000 children developed Autism. In 2009 it was 1 in 175. Just what the fuck is going on here? Genocide? Sure seems that way to me.
Heres the list, prepare to be horrified:
One of the most poisonous substances known. Has an affinity for the brain, gut, liver, bone marrow and kidneys. Minute amounts can cause nerve damage. Symptoms of mercury toxicity are similar to those of autism.
The story about vaccines needs look no further. Mercury is the killer, and the maimer. As the video points out all other toxic metals are far easier on the nervous system than mercury - even lead. The primary toxic load in our bodies is mercury.
I have come across a discussion on housepricecrash which suggests that Article 122 of The Lisbon Treaty could not be used to enforce a Greek bail-out. The argument was made that this Article only applies if the nation state is experiencing severe problems with supply of 'certain products', notably energy.
And yet the Article also says 'measures appropriate to the economic situation'. Here is the 'offending' Article.
1. Without prejudice to any other procedures provided for in the Treaties, the Council, on a
proposal from the Commission, may decide, in a spirit of solidarity between Member States,
upon the measures appropriate to the economic situation, in particular if severe difficulties arise
in the supply of certain products, notably in the area of energy.
2. Where a Member State is in difficulties or is seriously threatened with severe difficulties
caused by natural disasters or exceptional occurrences beyond its control, the Council, on a
proposal from the Commission, may grant, under certain conditions, Union financial assistance
to the Member State concerned. The President of the Council shall inform the European
Parliament of the decision taken.
I was criticised for not publishing the Article in full yesterday.
What I should have done was post the link to the original post on this topic, where I gave the sources for Article 122 being the legal justification for the Greek bail-out. Here is the LINK. There is no doubt that Article 122 is being proposed as the means for a Greek bail-out. I apologise to readers for not making the link yesterday.
I am sure a brief power cut could be arranged easily enough, if this has to be a text book operation. The threat is real enough, and not something I've fabricated to stir up 'anything', as one commenter suggested.
Original Report From Open Europe
UK could face £7bn bill if the EU bails out Greece;
Anatole Kaletsky: The eurozone will be tested to "near-destruction"
The Mail on Sunday reported that if an EU rescue fund for the troubled Greek economy matched the country's budget deficit, the UK would be asked for £7billion, assuming contributions matched each country's share of the total EU economy. The article noted that, until now, discussion has focused on whether fellow eurozone members could be asked to bail out Greece.
But under Article 122 of the EU Treaty, all EU members could be liable. The Treaty article says: "Where a member state is in difficulties or is seriously threatened with severe difficulties caused by natural disasters or exceptional occurrences beyond its control, the council of ministers, on a proposal from the European Commission, may grant, under certain conditions, Union financial assistance."
The paper reported that the EU Council decision would be made on a majority vote with Britain having no veto. If other troubled eurozone members such as Ireland or Spain were excused from making a contribution, Britain's share could be even larger. A Treasury source would not comment on whether any official calculations have been made regarding Britain's potential exposure.
This is why Darling was stating that the Greek bailout should not be Britain's responsibility yesterday. Because it easily could become our responsibility under Article 122. And not just Greece but any other EU country. I wonder if Gordon Brown knew when he signed it. I doubt he, or Lord Moneybags (above) even cared, let alone Cherie Antoinette, his most patriotic Consort. Where's that guillotine?
Friday, January 29, 2010
The Financial Times is complicit in a deception of its readers this morning. 'What's new?' a cynical media-observer might ask? Here is an extract from the article I am referring to. Ask yourself as you read, why is Darling stating that it's not up to Britain to bail out the Greek Euro? Surely that's obvious.
Alistair Darling said on Friday that Britain would not join any European effort to bail out Greece but pledged not to use differences in global financial regulations to promote the City of London.
Answering questions about a possible European bail-out of Greece at the World Economic Forum in Davos, the British chancellor made it clear he saw the problem as one for the eurozone and not the wider European Union.
“The euro area has primary responsibility for anything that might be happening. We are not involved in that,” he said.
Britain’s decision to opt out of the single currency means it is not part of the eurogroup, which discusses eurozone affairs.
“It is in the interests of the eurogroup they provide whatever assistance [is required],” Mr Darling added.
In the Lisbon Treaty, which Gordon Brown rushed to Brussels to sign, and which he crashed through both Houses of Parliament as the first act of his premiership, there was one small term which Darling is getting worried about, Article 122. A majority of the Council of Ministers of the EU can decide that a financial rescue package can be put through to bail out a eurozone member.
This is how I described the situation two weeks ago -
This is the most incredible news I have yet heard about the Lisbon Treaty. Article 122 - did you read this one Mr Brown? - states that where a member state is in severe difficulties, the Council Of Ministers may grant Union financial assistance, and no country can veto the decision if they do. Greece is about to crash out of the Euro, unable or unwilling to fix its deficit. A Union bail-out is being planned as the only way to stop the Euro from disintegrating.
According to Open Europe, Britain will be required to contribute. Even though we are not in the eurozone we signed all the terms of the Lisbon Treaty. Open Europe today says that Britain's share of the Greek bail-out will be £7 billion, or higher if other bankrupt eurozone countries like Spain are excused their share, maybe £8 or £9 billion.
Can you believe it? We in the UK are already borrowing to the tune of (minimum) £178 billion this year, of which £10 billion is going down the throats of EU bureaucracy, and now this.
Did anyone have any idea that dear Old Gordon was signing us up to bailing out the EU's bankrupt states such as Spain, Portugal, Italy, Greece and Ireland when he dashed off to sign up to Lisbon first thing he was appointed, when he refused to be photographed signing the wretched thing?
Darling is clearly now terrified that the said Article 122 is about to be activated. He is even offering to roll over and lie down like a lamb so that Barnier, the new Financial Overseer of the EU, can ram as many of his new regulations as he likes down the throats of the City Of London, as long as the EU doesn't try and saddle Britain with another possibly £50 billion of liabilities to save the Euro, on top of the £1 trillion Darling already has to deal with.
To the Financial Times, the worthy and reputed European newspaper of choice, the Lisbon Treaty has already ceased to exist, as it has for Alistair Darling.
I've got news for the Financial Times, and the Chancellor. It hasn't.
This is the talk that has spooked Darling, coming from the EU yesterday. -
Eurozone countries and EU authorities are reluctant to spell out how they would assist Greece, for fear that it would relax pressure on Athens to attack its problems and unsettle rattled financial markets.
The immediate priority is for Athens to demonstrate that it is serious about cutting public expenditure, improving tax collection, publishing reliable financial statistics and tackling corruption, the officials said.
“Greece has to sort this out itself. That is the issue,” a French official said.
Mr Barroso said “the best way to help Greece is for Greece to respect its obligations under the stability and growth pact”, a reference to the EU’s fiscal rules.
His message was echoed by José Luis Rodríguez Zapatero, Spain’s prime minister, who said: “The euro club is a strong club with strong ties and reciprocal support. Let no one be mistaken about that.”
There seems little doubt that a rescue is going to be attempted, and that Britain will be made to take part whether Darling likes it or not. The only thing is whether the rescue will be credible and in time. If darling is refusing to take part in one, the EU will be in trouble raising enough funds.
The real story missed by the British media almost entirely is that the Lisbon Treaty could cost Britain £50 billion if we are roped into a major rescue of the PIGS. And even in the Financial Times, this simple truth will not be stated in totalitarian media-controlling Europe.
That's why we blog. The truth will get out. We will not be enslaved with lies and propaganda. We will live as free people. We are already free in our hearts and in our minds.
Thursday, January 28, 2010
This morning's report from Open Europe conjured up an image in my mind of Emperor Nero fiddling while Rome burned. The Eurozone is fast heading into fiscal crisis, first Greece, but soon too Portugal and Spain. The news get worse by the day as nothing is being done to address the real problem. Read the report below and see how 'in a few weeks' the EU will be getting around to doing something. That something being? Changing the accounting procedures!!!!
The WSJ reports that Portugal's report of an unexpectedly large 2009 budget deficit has reminded investors that Greece isn't the only eurozone country with fiscal problems. BNP Paribas Analyst Ian Stannard is quoted saying, "Everyone has been focusing on Greece, but now they are waking up to the fact that it's not just Greece."
The Irish Independent reports that New York University Professor Nouriel Roubini said yesterday at the World Economic Forum's annual meeting in Davos that Spain poses a looming and serious threat to the future of the eurozone. He said, "If Greece goes under, that's a problem for the eurozone. If Spain goes under, it's a disaster."
Meanwhile, the FT reports that the European Commission is drafting a legislative proposal, likely to be unveiled in the next few weeks, which would allow the EU's statistical office, Eurostat, the power to audit national governments' accounts.
This is a classic. How wretchedly useless a response is that! They can sign as many Treaties as they like, but if they can't handle money responsibly, the primary role of any government, they should be got rid of. As for Gordon Brown, same goes for the EU. They can take their fiddles with them, and make way for a return to responsible government.
The coming crash in the eurozone will reverberate around the world. The Lehmans/sub-prime disaster will be a minor event in comparison to this one. Keep a bit of cash handy in US$. And have a few sips of your favourite tipple, or a look at your favourite pin-ups. It's only money after all.
Today's financial report -
Greek bond yields surged higher again, adding to Wednesday’s spike. The yield on 10-year debt broke through 7 per cent at one stage as worries about Athens’ fiscal situation endured. This pushed the spread between Greek bonds and German Bunds to a new record of more than 390 basis points. The cost of Greek 5-year credit default swaps – a gauge of insurance against debt default – rose to a record of 395 basis points.
The spread between Portuguese and Spanish bonds and their German counterparts also widened sharply, as investors targeted other eurozone members who they believed may struggle to service their debts. The CDS of Portugal rose almost 4 basis points to hit a record high of 153.4, according to Reuters.
Yields on UK 10-year gilts jumped 6 basis points to 3.93 after the S&P comments hit the wires. “Markets didn’t react to the original report (that Britain's banks are no longer considered AAA), so maybe they still need to smell the coffee."
I know that I upset a few readers by being honest about my feelings as to UKIP's lack of any clear strategy, as to how to get Britain out of Europe.
I am not trying to stir up trouble for no good reason. There should be more thinking going on about what the future path of events could be. Ukippers should think of this.
There are many signs that if Cameron makes it to Downing Street, he could be facing a highly rebellious bunch of MPs, who believe strongly in policies such as the return of the grammar school, withdrawal from the EU or repatriation of powers.
It only takes 15% of the total of MPs to launch a leadership challenge on the Party leader, whether the leader is Prime Minister or not. The more eurosceptic Conservative MPs that make it to Parliament, the more chance that, if Cameron turns out to fulfil UKIPPER's worst nightmares, and is weak in negotiating with the EU, the more likely a coup d'etat against Cameron might be successful.
Read James Forsyth's Sectator article from this week's issue -
..Then there are those on the back benches who feel that they have been badly treated by Cameron and would enjoy the chance to repay him. Patrick Mercer, who Cameron sacked for saying that the use of the phrase ‘black bastard’ was part and parcel of army life, was left so isolated that he agreed to work for Gordon Brown on a homeland security review.
Graham Brady, who resigned over grammar schools, is now regarded as the favourite to be the chairman of the 1922 Committee of Tory backbenchers. The election to this post of the one Tory to quit Cameron’s front-bench team over a difference on policy would send a clear message to the leadership.
The ranks of the disaffected will swell considerably by the end of the first week of a Cameron government. Any existing Tory MP who is not given a job straightaway will conclude that they are never likely to get one and so have little to lose. There is already mumbling from the over-50s about being victims of a cult of youth: that the party is led by young men who are, in turn, advised by even younger men and the odd ‘celebrity oldie’ like Ken Clarke.
Mr Cameron’s allies might well dismiss many of these critics as bitter cranks. But as Charles Clarke has shown, lone wolves can destabilise a leader if they are determined enough. The dissenters will have several issues to play with: both the proposed defence cuts and the refusal of Dominic Grieve to repatriate powers over English justice from Strasbourg could cause trouble before the end of the year.
Crucially, if Mr Cameron wins a majority, most of his MPs will be newly elected. He will, like Tony Blair in 1997, be a leader of a party which has just had a massive transfusion of new blood. But surveys of the likely 2010 intake show them to be anything but Cameron groupies. Of those candidates who are fighting winnable seats, only a third were on the initial A list of priority candidates drawn up by Central Office. The remaining two thirds know that they were not the leadership’s first choice, something that is not likely to increase their loyalty to the Cameron operation.
Full article HERE.
To the piece by Forsyth might be added the so-called hoax letter, which was circulated amongst MPs, which makes explicit a desire to remove Cameron as leader. If it was a hoax, it was a very well written one, and even then, it gives a flavour of how a palace revolution would be entirely possible in the right circumstances.
Read 'hoax' letter HERE
For a UKIPPER who wants out of the EU, thee are two points here.
OPTION 1 - If the Conservatives escape the Hung Parliament that the media are so hopeful of, and achieve a majority, either Cameron will repatriate powers, or
OPTION 2 - if he doesn't, he could face an internal revolt. That revolt might either enforce a stronger line on EU matters, or it might even fell him during his first term in office.
A UKIP candidate standing at the GE in 2010 can only help Labour and the EU. A bigger vote for the Conservatives will swell the number of backbenchers who will have more clout, the bigger their number.
I stood for UKIP in 2001 for Shrewsbury & Atcham. There was no hope of a Conservative majority at that moment due to the Lib-Lab voting strategy, and a UKIP breakthrough still seemed possible. Hague had to rush around defending the £ to outflank us (UKIP) which, in itself, was a highly significant event.
UKIP later delayed the EU COnstitution by promising a referendum on it, which was matched by Michael Howard in 2005.
With UKIP coming 2nd in the EP elections in 2009, all talk of a system of PR for Britain, once a serious threat has been shelved.
UKIP has major achievements under its belt.
But right now the UKIP game is counterproductive to the eurosceptic cause. The people who want Britain out of the EU should use their noddles. The best thing a UKIPPER can do in 2010 is stand down if you are a candidate, and all should vote Conservative.
There is only one seat where this does not apply - Buckingham, for a reason that is obvious. Farage would be influential in Parliament.
PICTURE - Graham Brady, who stood down from the Front Bench over the Grammar Schools issue, saying that they were engines of social mobility. MPs like him will not permit Cameron to carry out policies they don't agree with, without a fight.
From Forsyth's Spectator article again -
Graham Brady, who resigned over grammar schools, is now regarded as the favourite to be the chairman of the 1922 Committee of Tory backbenchers. The election to this post of the one Tory to quit Cameron’s front-bench team over a difference on policy would send a clear message to the leadership.
The Chairman of the 1922 Committee is influential over all backbenchers. And if the leader acts in a way that MPs cannot accept, they take their concerns to him. If he receives enough letters (15% of the total of MPs) to launch a bid to change the Party leader, he then calls a vote. For example IDS was dismissed in this manner.
The game of power to fight Britain's EU membership, to renegotiate it or to end it, will, if they win the election, be fought inside the Conservative Party. UKIPPERS are helping their own enemies by standing to one side. It's time to put down the UKIP sword and get into the game of saving Britain, not as a pressure group, not as a thorn in the side, but on the inside, within the Conservative Party, once more.
ALSO - A new commenter on Political Betting called Sherlockholmes dropped this off today -
I’m a long time lurker on this great site, since 2005, but this is my first post.
I’ve thought for some time the Uniform National Swing across the whole of Britain is likely to underestimate the number of seats gained by the Tories. The swing in Scotland, for instance, with few Lab/Con marginals, is likely to be far smaller than that in the Midlands, with a large number of marginals.
I have created an Excel Spreadsheet model at:
which tries to estimate which seats which will change hands using regional swings and in comparison with UNS.
I have plugged in the regional and national data for the Populus poll for January.
The National poll had:
CON - 41%, LAB - 28%, LIB - 19% giving:
CON 354 seats, LAB 221 seats, LIB 44 seats using the National swing model.
The regional swing model gave:
CON 391 seats, LAB 172 seats, LIB 54 seats
The regions are those used in the Populus dataset
ie Scotland, North, South East, Wales and South West and Midlands, though the sample sizes will be small with obviously a large margin of error.
I’d appreciate any constructive feedback from you guys.
Incidentally the regional model shows the third greatest Tory gain to be Morley and Outwood, seat of Mr Edward Balls.
If this is true there could be 400 Conservative MPs far out-stripping the expectations of the planners inside the Conservative Party. The sheer numbers of back-benchers owing nothing to the leadership is surely the most fruitful potential eurosceptic workface imaginable. If this coincides with a major crash within the eurozone, all the political momentum will be to get powers back from Brussels. Ukippers should be on board the train, not stranded, trying to work out where they fit in.
Wednesday, January 27, 2010
The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
The final words of the novel Animal Farm, written by Eric Arthur Blair, published in 1945.
Pen name - George Orwell.
PICTURE - Prime Minister Brown and Taoiseach Cowen at yesterday's Anglo-Irish summit, the two men guilty of ramming the Lisbon Treaty down the throats of their once free peoples, the British and The Irish.
Cowen's nickname is Biffo. Brown is too pompous to have one.
Eric Blair also said -
Political language — and with variations this is true of all political parties, from Conservatives to Anarchists — is designed to make lies sound truthful, and murder respectable, and to give an appearance of solidity to pure wind.
The rumors that China might want to buy Greek bonds have been denied by China. The Greek Euro is unloved and Greece is having to pay ever higher rates to finance its debts. This is getting like Britain trying to stay inside the ERM. It's only a question of time and the interest rate demanded goes so high, it becomes inevitable that Greece will be out of the Euro.
From the FT.
Greek benchmark 10-year bond yields, which have an inverse relationship with prices, rose to 6.42 per cent on Wednesday, an 18 basis point rise on the day and more than 150bps higher than at the start of December last year.
Greek yields are trading 332 basis points over Germany, up 28 basis points on the day, as investors demanded a much bigger premium to buy Greek debt.
The chart at the top is the euro valued in US$ for the last six months. The Euro is close to going through psychologically important support levels, and heading lower, undermined by the Greek crisis.
The knives are out at Westminster. The internal battles within Labour, the withdrawal into the bunker by the Brown hardcore, and the mass resignation of Labour MPs in marginal seats is sending out signals of a regime in terminal decline.
But woe betide any journalist inside the lobby who dares to as much as notice that Labour are basically fucked.
The Guardian, for example, persists with its Labour loyalty line to the political end, writing and talking endlessly about the Hung Parliament, making no concessions to Conservative poll leads. There are two parallel worlds, it seems, between journalists who want to build their reputations by calling the goings-on at Westminster, and those who know their business can be gravely damaged and that government advertising revenues might be withdrawn as a punishment,if they stray from the party line.
The Guardian's own highly reputable editors even can be heard, off the record, complaining about the ridiculously tight controls placed on what they are allowed to say, but they dare not break them.
On the other hand, even the free-minded openly speaking intuitive individual Westminster correspondent can still be brought to heel by the Brown bunker. They still hold the reins of power and can find a way to hurt anyone it decides has not shown enough loyalty to the Fuhrer, if they want.
And they do.
One individual bringing the rage of the Labour media machine, or what's left of it, down on his head, is young Fraser Nelson, Editor of The Spectator, who clearly took the line in the Snow Rebellion that the game is up for Labour, and that there would be no possibility of a recovery from here. His greatest crime, of course, is being right, and telling the truth to the public. Doesn't he realise that he is a mere apparatchik of the government's media machine? Apparently not.
The revenge of the Labour Gestapo has been swift and deadly.
Fraser is banned from all Lobby briefings. Four journalists, including Fraser, were found not to have declared their up-to-date outside interests, and have been reprimanded and punished to some extent by the Parliamentary Standards Commissioner.
But only Fraser Nelson has been actually banned from the Lobby, his pass removed. The others were more mildly rebuked. We don't know the full facts of the case, but it seems strange that the only confident voice declaring that Labour are, in his opinion, through, is the only one being chopped.
From Liberal Democrat Voice - Our Place To Talk -
The Parliamentary Commissioner for Standards, John Lyon, has ruled that Martin Bright, Melissa Kite, Andrew Neil and Fraser Nelson all broke Parliamentary rules by failing to fully declare their financial interests in the Register of Journalists’ Interests.
They have all been lobby journalists, giving them special access to Parliament and politicians. Given the possibility of lobbyists and interest groups paying members of the lobby to raise issues on their behalf, there is a financial register which – in theory – provides a degree of transparency and hence protection against abuse of the system. Parliament’s rules require lobby journalists to declare the sources of their income, where the income is based on their access to Parliament.
However, all four failed to enter accurate records on the register. It was not simply a matter of missing the 28 days deadline required, but the register has contained information that is out of date by months, and even in the cases of Andrew Neil and Fraser Nelson by years. As an updated version of the register is published each month, it should have been repeatedly obvious that the rules were not being followed.
Of the four, Fraser Nelson no longer has a lobby pass. The Standards Commissioner has decided that for the other three for the next year their entry on the register will be marked to show that it has been corrected following a complaint.
Petty, Mr Lyon. Very petty. And not good for democracy either.
It seems that truth will have a hard fight on its hands getting back into the driving seat at Westminster. Fraser Nelson has been one of the most courageous journalists for telling it like he sees it for all sides. Being axed by the government as it approaches its final descent to oblivion, is his apparent reward.
Fraser is just as willing to tell it like it is to Cameron as Brown.
See this from The Telegraph in May where he picked up on Cameron's change of approach in May 2009, referring to him as a 'brute'.
David Cameron's scowl is coming on nicely. For weeks, he has never left home without it. Whether stepping into his car or the television studio he has been careful to suppress his jovial instincts and instead project anger and determination.
Times have changed, and so we are witnessing a leader mid-mutation. The smiling Cameron's role was to detoxify the Tory brand, and seduce wavering voters. The stern-faced Cameron must persuade people that he is a man with enough resolve and ruthlessness to save the country.
It has not taken him long to find his inner brute.
Take, for example, the four Tory MPs whose careers have been brought to a premature end over the expenses fiasco. When asked, Mr Cameron says – with just a hint of malice – that he had "a conversation" with them. It may not be long before others are treated to a similar chat.
It is all good practice. For if he is elected into office the Tory leader will be having "a conversation" with the Treasury about the implementation of radical spending cuts across education, policing and defence.
Not a bad call as it's turned out. But Fraser should be careful. Being right too many times can be dangerous. He should have been watching his back.
The Spectator will no doubt get its news feeds some other way, until he can crawl his way back into favour with Downing Street.
Link and hattip to Lib Dem Voice, my source - HERE.
Tuesday, January 26, 2010
UKIP are acting as EUKIP again, helping to keep europhiles in Westminster.
They've really lost the plot.
See them in action helping Labour keep Britain in The EU again.
Incredible, they have no brain between the lot of them.
Maybe they can find a burqa-wearing enemy of the people in this constituency to justify their endless lunacy, damaging the eurosceptic cause.
Lord Pearson's finding it all far too much to cope with, being UKIP leader. He's gone on a suicide mission, determined to bring down any attempts by the Conservative Party to deliver a eurosceptic programme. He's the EU's first kamikaze pilot, learning his best tactics from an Al Quaeda training camp, taking out any eurosceptics who come into his path.
He's gone absolutely nuts, showing nil leadership and no responsibility. He's like a berserk dog who bites anyone who looks like they might be friendly and on his side, but skirts around anyone who looks like an enemy, leaving them alone to prosper.
If he had to fight a battle, his enemies would only have to wait while he ran round shooting all his own best soldiers.
If Britain could ever be said to possess a death wish, Pearson is that personified. Monty Python couldn't do better at finding a mad old buffer who has exactly no idea what's going on, with a permament dazed expression, while all his attempted initiatives meet with the very disaster that he fears, and tries so desperately to avoid - being made to be irrelevant.
EUKIP are now indeed Eternally Useless Kunts In Pink.
Pearson, Brussels salutes you.
From The Herald Scotland -
The Tory bid to claim the scalp of Scottish Secretary Jim Murphy at the General Election faces a threat from the UK Independence Party (UKIP) standing in East Renfrewshire as a deliberate spoiling tactic.
UKIP’s Scottish Treasurer, Donald MacKay, says that unless Conservative candidate Richard Cooke gives a categorical public commitment to support a referendum to overturn the Lisbon Treaty, UKIP will stand in the constituency.
The Eurosceptic party has already made such a pledge in North Ayrshire where they say Tory candidate Philip Lardner meets their test and will not face such an intervention.
However, Mr Cooke has dismissed the threat, pointing out that Labour has pushed through the Lisbon Treaty to the point where it would be too late to hold a UK referendum. He also points out that he organised a local referendum in East Renfrewshire, which, on a turnout greater than the last European elections, showed almost 90% of voters opposed to the treaty, a view he said he would uphold if elected to Westminster.
He said: “The question UKIP have to ask themselves is would they rather have as MP here someone like me, who gave the people of East Renfrewshire a say on Europe by organising a local referendum, or Jim Murphy, who as Europe Minister was responsible for steering the Lisbon Treaty through Westminster?”
In the governments figures released today, there is no attempt to create a realistic version of the figure for GDP. GDP is being taken at the figure of £1.41 trillion. You can work this out for yourself, as the December total government borrowing figure of £740.6 billion is expressed as being 52.5% of GDP.
The last two quarters' GDP figure is £630 billion (July to December), which suggests a GDP figure quite a bit lower than the £1.41 trillion. It might be acceptable to use the full year's GDP for 2009, as from the above chart. Using £1.41 trillion is deceptive. It is arrived at by the creation of a stunningly optimistic forecast, it appears.
This is the 'explanation' as to why a wrong figure is being used for GDP in the government's blurb.
The GDP figure used to calculate the net debt ratio is the ‘not seasonally adjusted’ current price version. The GDP denominator for each debt ratio observation in the time series is the 12 months centred around the observation, e.g. six months before and six months after it. Hence, this requires estimates or forecasts of GDP to be available covering the period from six months before to six months after.
The figures for GDP in the six months to December are known. £630 billion. The GDP for the next 6 months would need to be £780 billion to get to a figure of £1.41 trillion. Is that likely? A burst of growth of 24%! Pigs might fly first.
This estimation procedure is explained in detail in an article, The use of GDP in fiscal ratio statistics, available at www.statistics.gov.uk/psa. As a result of this estimation procedure the debt ratio is provisional when first published and subject to later revision when outturn GDP first becomes available, and again when more refined estimates of GDP are published..
So in the meantime we publish a figure which cannot possibly be correct, and which conveniently massages the government's statistics.
The borrowing figure given does not include monies used for financial rescues. If that is included, government borrowing is £130 billion higher at £870 billion, that is 69% of GDP of £1.26 trillion.
CHART AT TOP
I borrowed the chart at the top from The Spectator's website. If you add up the four quarters of GDP of calendar year 2009, you get a figure of £1.27 trillion. Why is the government adding 10% to the real GDP figure is the question?
I have to admit. I'm baffled.
I cannot believe it is entirely simple deception. The GDP in 2008 was given as £1.48 trillion, and yet from The Spectator's chart, it appears to be £1.35 trillion or thereabouts. Has the government always exaggerated GDP figures in the past by 10% as a matter of course?
What are these magical adjustments being spoken of which convert quarterly figures into much higher annual figures?
Maybe someone can explain what is going on here. I'd be very grateful!
RED FACE -
I called Andrew Lilico at Policy Exchange and he kindly explained that GDP figures quarterly are given at 2005 prices. The adjustment is therefore to add inflation of money since then to get the real GDP figure.
I would like to thank Andrew for putting me out of my misery, and apologise for getting my figures wrong - again!!!
You would think the government might put such a simple explanation in its documentation so that ordinary proles like me can understand what the figures mean. At least I don't need to lose any more sleep imagining we are being cheated with wrong information as to GDP.
However, I am sure we are being given some overly optimistic figures by the government regarding its spending and revenues in the PBR. The figures released today indicate that government revenues fell by 29.5 billion on 2008, in the April to December 2009 period, yet Darling claimed in the PBR that his borrowing target was on track.
At this rate Government revenues will probably be about £455 billion, down from £606 billion to April 2008, a fall of 25% over two years, taking the borrowing figure higher in theory by another £50 billion, compared to the PBR forecast, which assumed revenues were on track.
run your cursor over the blue line to see each year's GDP
Today the government announced a return to growth in the quarterly GDP figures to December, of a measly 0.1%. As the statistics are frequently adjusted later by 0.1% or sometimes more, this is really as good as saying nil growth. And that after six successive quarters of recession.
Interest rates are starting to rise. Quantitative easing is going to be reined back. It would be a miracle if the economy was able to get back into growth from here. Uniquely amongst all the countries of the G20, Britain is simply unable to grow.
One reason is that too much of our economy's growth since 2001 was based on a banking bubble, which is now collapsing. The declared losses to date could end up being far higher than yet admitted to.
Th shakeout from this boom could be that Britain ends up back where we were nine years ago in 2001 when Labour won their second term, which is when all the trouble started. But now with a far smaller manufacturing sector than we had in 2001.
Our $-denominated GDP reached $2.77 trillion in 2007, but that was the top. It must currently be a lot nearer to $2 trillion than $3 trillion. The Q3 2009 GDP figure was £315 billion. That is $500 billion US$,or annually $2 trillion.
The real story that this chart of UK GDP in $'s tells is the incredible growth path after 2001. The chart shows how the UK's GDP in US$ doubled between 2001 and 2007.
It has fallen by 30% since then. If the recession kicks back in on the back of rising interest rates, and if the £ falls once more, we might find our $ economy halves in size back to where it was in 2001 before Blair and Brown allowed borrowing to surge and Britain's debt-fuelled boom to run out of control.
Our credit card binge will be well and truly over.
On the brighter side, our remaining manufacturers would be able to compete once more. And politicians might remember what real jobs are all about. Maybe they'll cut away the truly awful load of social regulation they have imposed on us, so we can finally get on with the job of real economy-building. A $2 trillion real economy would be more use to us, than a $3 trillion fantasy.
ONS Stats to December 2009. HERE. Look at the chart of government net debt in 2002, falling to a low of 30%c, and the rising to 60%c in 2009 excluding 'financial interventions'. If only Brown had stuck to the spending targets he inherited from the Conservatives, we would have had a very strong position to face the rockier climes of 2008 and 2009. Right now we are still struggling to find a base. It must be a case of start from scratch, economically and politically.
Monday, January 25, 2010
The rumour mill in Ireland says that Owen Paterson's meeting at the weekend between the DUP and the UUP included an item on the agenda proposing a Tory-DUP-UUP alliance for the coming general election. This rumour has been publicised on RTE but nowhere on the mainland.
The Hung Parliament prospects in the coming election are maybe weakening Conservative resolve in negotiations, and enabling concessions to be given so as many seats as possible are won, backing David Cameron. If some opinion polls are to be believed, his majority could be very thin, and the winning of seats in NI could be crucial.
The rumour would make sense from that point of view.
Within NI, a DUP-UUP alliance would block Sinn Fein from becoming the leading party of a devolved government.
From RTE - Such a merger would be difficult for the two organisations but it would allow unionists block the possibility of Sinn Féin being returned as the largest single party and in line for the post of First Minister.
See The RTE Report HERE.
See 26th January David Blackburn in The Spectator HERE. good background article.
Nikki Sinclaire MEP UKIP West Midlands has fallen out with UKIP over the Party's membership and leadership of the Freedom & Democracy Group in the European Parliament.
In her resignation letter, she said:
I have found it increasingly difficult to justify sitting alongside one or two of the European parties within the Europe of Freedom and Democracy Group who have a variety of extremist views which includes anti-Semitism, violence and the espousal of a single European policy on immigration.
If NIkki is right, UKIP are members and leaders of a grouping that campaigns for a Europe-wide policy on immigration.
A Party that stands for British withdrawal should not have any EU-federalist policies, but UKIP does.
Here is more evidence that UKIP's change of emphasis onto an anti-Islamist platform, implies a reduction in the UK-EU withdrawal platform, to the extent that in the EP,UKIP is openly federalist.
They should be rebadged 'EUKIP'. It would be more honest.
EUKIP even has openly federalist MEPs, for example Marta Andreasen, the resigned Party Treasury, MEP South East, alongside Farage. Farage knew she was a federalist when he recruited her.
EARLIER - Farage poses with West Midlands UKIP lead candidates for the Euro elections. EUKIP made history winning two seats in the West Midlands, while Labour and Conservative only managed 1 each. But since then disillusion has set in for Nikki Sinclaire.
Reports are swinging around that Brown has called his cabinet to an impromptu meeting today at Downing Street. This has prompted rumours that he's going to call an election earlier than expected, possibly even in February. One reason he might cut and run is that, with the budget coming up in March, if he doesn't go early, he'd have to present a budget, which would reveal for the first time the true situation of Britain's dire fiscal position.
The other factor might be that he wants the election over before he has to face the Chilcot Enquiry.
Taking the British economy in the last two years, I have assembled the following figures which I wrote on PB this morning -
The quarterly GDP to December 2009 was reported as £315 billion by national statistics. To annualise, multiply by 4. That gives GDP currently at £1.26 trillion.
GDP before the recession started in 2008 was reported at £1.45 trillion. The downturn in GDP expressed in Sterling is not 6% as claimed, but 15%, if the truth be told.
The £ was in 2008 was $2. It is now valued at $1.62. In US$, the recession has taken a GDP of $2.9 trillion down to $2.04 trillion. That makes a 30% decline! If the £ falls again whch is not impossible, we head north from there.
Government revenues to April 2008 were £606 billion. To April 2009 they were £496 billion. Darling forecast them to be £498 billion to April 2010. But we know the recession went on until at least August, and the supposed ‘upturn’ is anaemic at best. It is more likely that the 2010 figure is far too optimistic, despite Darling confirming it in the PBR.
I might suggest £440 billion as a more likely outturn - a 25% decline in government revenues over two years.
Interestingly the government slid a £60 billion drop in their forecast expenditure figure into their December accounts. My guess is that this was done as an accounting ‘fix’, so they can claim their borrowing figure will be on track at the budget, despite a £60 billion decline in revenues.
It could well be the collapsing fiscal picture which is persuading Brown to run to the polls before people fully take in the incredible unprecedented fiscal disaster that he has created.
PICTURED - Foxy Brown. Don't worry about the country's economy too much. Life always has its ups and downs!
Political betting on early election rumours here
Sunday, January 24, 2010
Dear old Malcolm Lord Pearson, leader of UKIP, is none too bright. He decides to attack the Burka, which is not much of a problem in Britain as I can see. Outside of Central London, where are these hordes of burka wearers? There might be ten or twenty of them in Harrods one or two days a week, spending lots of oil money. London is an international city, which should not be raising barriers to wealthy visitors. I cannot see that in Britain generally this issue has much relevance.
Pearson's problem is to maintain visibility in an election in which most voters are simply desperate to get rid of the government, and his little Dad's Army are in danger of being marginalised by the big parties. On the other side, UKIP are being eaten into by the BNP, where IQ tests are not required as part of the membership qualifications. Pearson also wants a share of the dumbed down action coming from that angle.
But in trying to grab a headline, he has only raised one issue in the minds of voters.
Lord Pearson brings Wilders to the House Of Lords to be interviewed. He seems more interested in creating a party to fight Islamism than to get Britain out of the EU.
What is UKIP for?
The answer should be that UKIP exists to ensure that Britain leaves the EU. In featuring marginal issues such as burka-wearing, the primary message of the party is getting clouded.
Nothing is more certain to ensure Britain doesn't get out of the EU, than Pearson's other new policy declaration, the intended blocking of eurosceptic Conservative MPs from Westminster. Now Malcolm's stating that even the most ardent Conservative eurosceptics will face UKIP competition for votes at the GE. What exactly is the point in that, and how does it help Britain get out of the EU? Pearson's answers to this don't make any sense.
UKIP is not an insignificant party. In particular its success in the European EP elections, in which the party came second winning 2.4 million votes, or 16.5%, pushing Labour into third place, has had the effect of crushing all talk of proportional representation in Britain. For that Britain must be eternally grateful to the party. A combined vote of UKIP and Conservative under PR would be near enough an outright majority, while Labour and Lib Dem together would be 10% short. PR was undoubtedly part of the EU's strategy to keep Britain snarled up in red tape, if the Conservatives started to win elections. UKIP's strength in EP elections, much of it due to Nigel Farage's skill as a communicator, has buried that threat for good, it seems.
This strength has been built by sticking to the knitting - working for a UK exit from Europe.
In terms of actually getting Britain out of Europe, nothing is more calculated to keep us stuck in place than UKIP's current strategy for the general election. Led by Malcolm Pearson who seems to have no idea what his primary objectives are and how he is going to achieve them, the party is starting to look small-minded, chippy, in a phrase, none too bright.
Pearson can't see the big picture, so he runs and hides in the little details. It's exactly what British politics doesn't need - another small mind with no vision. We need leading out of the mess we are in. Pearson knows how to get angry and strike out at illogical targets like burkas and eurosceptic Conservative MPs, but that is about it. We don't need another angry little man, rather pleased with himself at achieving a little position, who cannot keep his eye on the ball. We want someone who can raise our game.
The only serious chance UKIP might have at the GE is to get Farage elected to Buckingham against John Bercow. If the focus was on this one seat, and getting the first UKIP MP elected to Westminster, that would be a worthwhile objective. But UKIP is now looking lost, delving into the realms of stupidity, keeping good eurosceptics out of seats for no reason other than a desire to be seen as important by Lord Pearson. There's no point in electing Farage when he's part of such a stupid party. Pearson has raised the risk of damage to the eurosceptic cause, without achieving any advantage.
It's a shame Farage cannot be elected as an independent. He has enough personal kudos to be elected without needing the UKIP badge. For Conservative voters who would support Farage, but who are worried about letting loose a party looking as if it will slide into a culturist racist quagmire at any second, an independent Farage might be a more attactive proposition. Britain needs a lion like Farage in the Commons. It doesn't need a party like UKIP, adrift in the political ocean without a compass.
Friday, January 22, 2010
The situation in Greece is not resolved. The situation in Greece is critical. Markets are starting to notice. The politicians have had six months to do something about the fiscal troubles that Greece has inflicted on itself, and done nothing. There are no hard proposals as to what to do, even now.
By default, the crisis can only get worse.
Open Europe gives just one day's events surrounding the drift of the Greek Euro, and the effects it will have, or is having.
Commission denies preparing for Greek bail-out;
Deutsche Bank Chief Economist: Eurozone faces potential break down or high inflation
The WSJ reports that the financial markets are unconvinced by the Greek government's assurances that it isn't seeking outside help from either the EU or the IMF with its public debt. Analysts said the government is moving too slowly to address Greece's fiscal problems and investors are showing their disbelief by selling down Greek stocks and bonds. A Commission spokeswoman denied yesterday's reports that the EU was preparing a loan for Greece, saying she wasn't aware of any financial bail-out packages being arranged.
In the FT, Greek Central Bank Governor George Provopoulos argues that Greece will be able to solve its economic problems from within the eurozone.
Die Welt features an interview with the Chief Economist of Deutsche Bank Thomas Mayer. When asked if he is worried about the euro, he answers "The situation is more serious than it has ever been since the introduction of the euro. The trouble in Greece plays a key role for future development." When asked what the worst case scenario could be, he answers: "If the Greece situation is handled badly, the Euro-zone could break down, or suffer major inflation".
He added that "Neither the European Central Bank nor the Commission nor any other EU body can force Greece to implement necessary reforms in exchange for help."
Meanwhile, the WSJ notes that the euro has lost value and that "persistent fears about Greece's fiscal situation have turned trade in the euro into a vote on the currency bloc's credibility."
Provopoulos who is an ECB Council member and Chief of the Greek Central bank said in the FT today -
Provopoulos (PICTURED) said Greece "will not be tempted" by "short-term options" such as creating its own national currency and allowing it to depreciate. Instead, it "will undertake the necessary, bold adjustments" it needs to make. "The future of its economy is unwaveringly tied to the mast provided by the euro," he said.
He noted that in the 1980s, Greece devalued its national currency, the drachma, without engaging in necessary structural reforms. Far from being a panacea, the devaluations led to inflation and no improvement in competitiveness. "So much for the magic wand of currency devaluation," he concluded.
It's anyone's guess as to how this situation will resolve. The eurozone is using threat, not carrot to encourage Greece to sort itself out. As Thomas Mayer says, no one has the power to force the Greeks to keep proper accounts. The fact is that no one in Greece even knows the true financial situation. It's that hopeless.
I like the Greek word for Bank - Trapeza!
That's about the reality too. Everything's bouncing.
LINK TO BLOOMBERG HERE, as per tipped by thedarknight in comments below, Charles Dumas from Lombard. The Euro will collapse.
Nicola Tesla was a very strange man as are most geniuses. He was the equal of Einstein, and the superior of Edison. He lived in the USA at the same time as them, but today is almost unheard of, even though he was responsible for the electrification of the world.
He invented Alternating Current along with 700 other patents he registered. He made an interesting comment during his long life (1856-1943). He said that Einstein and Edison were receiving all the attention in the first half of the 19th century, but the future belonged to him.
That future is now arriving.
The scale of his inventiveness is too big a topic for a blog post. Even a full sized hardback would be pressed to include all he achieved. So I am focusing on one significant development of the last few months.
In August 2009 a small car company bearing his name, Tesla Motors, opened in London, which had started in the US the year before. The car bodies are made by Lotus. A lithium ion battery is added as per laptop but bigger, and a black box, which is what people used to call 'the engine'. And that's it. A car.
Only the tires and the brake pads require servicing. The 'box' is maintenance free.
The car is electric. You plug it in like a kettle. It has a range of up to 300 miles. Now hang on! Electric cars until last year had ranges of between 40 and 80 miles. And this is no slouch. 0-60 mph in under 4 seconds, beating all Ferraris except the very fastest model.
The difference is the Tesla coil. This takes the electricity from the battery and collects five times more electricity from the environment.
Hahahahaha. They are joking, I take it.
Except it does.
Tesla had realised that electricity could be supplied at no cost to the world by tapping it from the environment. I won't attempt a scientific explanation, and yet you simply have to realise that electricity is everywhere, and on the move all the time, in the earth, in the ionosphere and the atmosphere, and inside us. Enough.
Tesla's inventions were so threatening to businessmen such as J.P.Morgan his chief financier that the funding was halted, once it was realised you don't need wires to get electric power. His famous tower which collected electricity from lightning flashes was demolished. He said that just twelve of them could power the whole of the United States.
Even today, anyone using Tesla technology has to keep it very quiet, as conventional industry feels very threatened.
The car needs 45 minutes to power up, and the 300 miles costs less than £5 to electrify the battery by plugging into the mains. If there was a Tesla power generator to hand, it would cost zero, but there aren't many of those around.
This was all known about 100 years ago.
It's going to take the Depression to bring it all out of hiding. In another hundred years they will laugh at us for being duped and being made to have electric cables everywhere, and run cars on gasoline.
By 2012 the price will be down to £35,000 ($50,000) for a four door. The current model costs double that. Yet there are 1000 of them on the road after one year of sales. This is the future of motoring, and energy creation, but don't tell anyone. Call it software or something. OK.
What's more... Flying saucers are not all from outer space (if any). They were first built in Germany in 1945. Tesla invented anti-gravity, on which they operate. Let's take this one step at a time, huh?
Meanwhile, please take a test drive of a Tesla with Stephanie from ecobold.com, an environmental consumer website in the US. Mmmmmmmmmm..
Here is an explanation as to how a Tesla generator works. It uses powerful magnets to drive a shaft round, magnets powerful enough to crush your fingers, gaining an improvement on energy going in to energy coming out by a factor of 5.
Watch this demo from ITEC, the International Tesla Electric Company.
Thursday, January 21, 2010
FT Chart of the Euro priced in US$
Read any newspaper. Watch any TV currency report, and what will you hear?
The US$ is weak, and falling.
The foreign exchange index for the $ (or any other currency) covers hundreds of other currencies so you need someone with a powerful computer system to tell you what's really going on, if you wish to be sure, as the forex rate against a single currency might be misleading as to the real trend.
But sometimes your own intuition can be just as useful as a 'scientifically' measured figure. The $ might be 'falling', but remember. 60% of its Forex volume is with the Euro, and the Euro, as the above chart shows, has started to fall and continues to fall against the US$. You might say that 60% of the US$ is strengthening, while the other 40% is not moving much as yet. Or you might also say, that means the dollar is now not falling, but rising!
The Greek fiscal crisis is the trigger. The situation in Greece is so bad, it is sending shock waves around the globe. No one knows exactly how bad it is, as the information about borrowing and spending is so poorly maintained. The market has run all year on the belief that if any Euro country were to approach default, it would be bailed out by the other countries. That was fine if the bluff was never called. But now the bluff is being called, and the game of Euro Poker is reaching a new phase.
How can the other countries of the EU bail out Greece? Their own fiscal positions are already approaching critical in many cases, such as Britain's and the PII(G)S. The key is Germany. Will the Germans be willing to do yet more bailing out? I think not. Merkel wants to save Greece, but if she does, there are at least four more countries, whose fiscal accounts could be equally catastrophic as those of Greece. The Germans have, in any case, learned how costly it is to carry the financial problems of others when they merged with East Germany, and Kohl insisted on parity between the Deutsch Mark and the Ost Mark.
Germany's exports are down 20% since the depression started. Her population is both falling (forecast to reach 70 million) and rapidly ageing. Her own fiscal position is already looking difficult in the years ahead.
The hard reality, given German reluctance to save the Euro, is that Greece will be allowed to crash out. Politically that reality is still not being faced up to, but markets move faster. Once one country exits, currency traders will immediately be sniffing out the next candidates for Euro exit. Until the crisis is resolved, the value of the Euro will be hit.
The trend followers, those like Soros' Quantum Fund, will pitch in and short the currency earning billions as the currency falls, until the Greeks are out. The market will drive the political action that is becoming inevitable, just as it did when Britain crashed out of the ERM in 1992.
The only other way this could resolve, is if the Bank Of International Settlements in Switzerland, and the IMF take on Greece's rehabilitation on behalf of the ECB. Will the international bankers decide to carry the risk, with Greece kept inside the Euro, and forced to make dramatic economic changes. That would be the start of one world government for real, and the erosion of the authority of the EU.
It's not their plan. They might have the money available, but the international central bankers are private. They want to hide behind the EU, not replace it. Maybe the problem is just too big to solve, no matter how much money they have to throw at it. EU political will is reaching the end of the line. Their bluff is being called. No one wants to carry the responsibility for others, when all is said and done. That reality is starting to dawn.
This could be a great day for nationalists, and democrats. The reality that bureaucracies cannot run countries is starting to hit home. But it takes a depression to prove it.
UPDATE - Open Europe
EU considers loan to Greece to avoid seeking IMF help for eurozone;
European Voice reports that EU officials are exploring the possibility of providing a heavily-conditioned loan to Greece instead of seeing it turn to the International Monetary Fund in order to avoid the stigma of a eurozone country seeking IMF assistance.
The EU has a European Commission-administered programme for €50 billion of emergency assistance to member states with balance of payments problems, which has been used in the past year to help Hungary, Latvia and Romania. But the programme is designed specifically for non-eurozone countries and has previously been deployed alongside support from the IMF. Bloomberg notes that Greek Finance Minister George Papaconstantinou has denied the reports
This is the best moment for Ireland to quit the Euro. If Ireland were to relaunch the Punt and immediately fix it to the US$ or to Sterling, or a mix of the 2, but keep its debts in Euros, the value of those debts would start to tumble as the Euro tumbles. It would be a self fulfilling act. Worth a thought, lads?
Wednesday, January 20, 2010
A few of my readers tell me they find some of my blogging worrying and stressful to read. The antidote is not to start writing what people want to hear. I prefer the truth, myself.
This young lady has been viewed more times than people in the UK vote.
There's something very democratic about that statistic.
Sex, love and dance matter more than politics? Of course they do. At least it's the other side of life. Make room for both.
There are many people I've heard saying recently that Labour don't want to win the UK election. The writing below gives a clue as to why that might be. When economies turn nasty, the people get angry with their leaders. In elections they tend to throw them out. The financial forecasters like Bob Prechter, writing below, believe we are currently in a bear market rally, matching the one that happened after 1929. If he is right, the next phase will be a long-drawn out bear wave, which will bring huge social change in its wake.
One of the above charts dates back to a period during 1929-1930; the other shows a more recent picture. Can you tell the difference?
This is what he writes -
Bob Prechter: The bear market will bring back nationalism, racial exclusion and perhaps even religious conflict. Thinking technically about events, that is, observing what they reveal about social psychology, prepares you for those changes, whereas trying to predict the future from the events themselves leads you to the opposite, and wrong, conclusion. It cannot be stressed enough, because life-or-death decisions can depend upon your assessment. Notice what marks the major bear market lows of just the last 200 years — the Revolutionary War, the Civil War and World War II. Those were buying opportunities.
The End of Two-Party Politics
Q: Back in 1989, when two-party politics appeared assured forever, you predicted a third party and a shake-up of the traditional parties.
Bob Prechter: Yes, because what normally happens in the type of period that is approaching is a polarization of opinion in all kinds of areas. It’s not just that the left takes over or the right takes over. During bull markets such as in the 1950s and the 1980s, most people are centrists. In bear markets, you see extreme polarization. You get leftists and rightists on one axis, and authoritarians and champions of individual liberty on the other, battling it out for power.
Q: Bear market politics seem more interesting.
Bob Prechter: Oh, yeah! That’s when people tend to vote for more radical candidates. When the next general decline in world stock markets takes place, the popularity of all incumbents will suffer. If the markets fall as far as cycles suggest in the next few years, most incumbents will not win re-election. But don’t confuse interesting politics with good fun. It’s usually scary..
In this kind of crisis level, I would imagine that me-too Blair leadership will be blasted away. This sounds more like Boris Johnson territory to me, Dan Hannan or Nigel Farage. The Centrists will soon have had their day.
There is one small problem. None of the battlers I've mentioned as potential rightwing leaders are in the House Of Commons, currently. Cameron will have to adapt his act.
The political cycle in Britain has gone so far to the left that criminals are now the privileged section of society, ánd the good and honest the suppressed. Lying is still admired and even boasted about by the few remnants of New labour that still want to show their face, notably Campbell and Mandelson. The swing back to the right, to a more honest and a more real politics, when it comes will be strong and sustained.
The coming bear market will bring it on.
The December CPI figure was 2.9%, sending forecasters like Guido into a hyperinflationary spin. The insertion of hundreds of billions into circulation by the QE programme is being identified as the cause of the coming hyperinflation. But hang on, the debts outstanding are far larger than the QE programmes, maybe ten times larger, if all the information were available.
If inflation is starting, interest rates might have to rise, that would tend to halt or drag on the scale of QE. The first phase of the downturn where governments have tried to use cash to halt it, will hit the buffers. Then the dominant deflationary trend will re-establish.
It will be a lousy time for politicians and financiers, but potentially a great time for entrepreneurs who will find the normal regulatory barriers can be blasted away with political support surging for those who know how to turn the depression back into growth. There is always a silver lining. Businessmen who can, this will be your moment to shine, and for politicians who are good with money and understand business. Boris?
Tuesday, January 19, 2010
Of all the spellings of the word 'burqa', 'burka', you see around the net, there is one which undoubtedly should be adopted by Nigel Farage,
the man who would ban the burkao.
And forever more, comedic writers must surely write his Buckingham opponent's name thus 'John Burkao', the man who refuses to wear such robes, and who faces a campaign from a former Speaker Boothroyd to encourage him to wear them.
That's enough puns for one evening's work.
Sri Lankan Speaker Lokubandara in full 'burkao' regalia.
He does look a bit warm!
Hattip to Jay, a Tap commenter for using Burko for Bercow!
After a delegation of Moslem ladies visited Farage in his Brussels apartment last night, he has agreed that there might be some exceptions made to the ban, but he explained, the relevant attire would only be worn in private settings.
MORE ON FARAGE BURCAO AND BUCKINGHAM HERE.
Monday, January 18, 2010
Euro - English
After years of endless discussion and confrontation, the European Commission has finally announced a directive whereby English will over time become the official language of the European Union, rather than German, which was the main other possibility, or French.
As part of the negotiations, the British Government conceded that English spelling had some room for improvement and has accepted a 5- year phase-in plan for a spelling variation of the language, that would become known as "Euro-English".
This from the Brussels Press Release -
In the first year, "s" will replace the soft "c". Sertainly, this will make the sivil servants jump with joy.
The hard "c" will be dropped in favour of "k". This should klear up konfusion, and keyboards kan have one less letter.
There will be growing publik enthusiasm in the sekond year when the troublesome "ph" will be replaced with "f". This will make words like fotograf 20% shorter.
In the 3rd year, publik akseptanse of the new spelling kan be expekted to reach the stage where more komplikated changes are possible.
Governments will enkourage the removal of double letters which have always ben a deterent to akurate speling.
Also, al wil agre that the horibl mes of the silent "e" in the languag is disgrasful and it should go away.
By the 4th yer people wil be reseptiv to steps such as replasing "th" with "z" and "w" with "v".
During ze fifz yer, ze unesesary "o" kan be dropd from vords kontaining "ou" and after ziz fifz yer, ve vil hav a reil sensibl riten styl.
Zer vil be no mor trubl or difikultis and evrivun vil find it ezi tu understand ech oza. Ze drem of a united urop vil finali kum tru.
Und efter ze fifz yer, ve vil al be speking German like zey vunted in ze forst plas.
If zis mad you smil, pleas pas on to oza pepl.
(Sent in by Tim Beard on his weekly group email)