Dec 08

There can surely be no excuse for the poor bashing in the Autumn Statement? It amounts to a triumph of rhetoric over reality. I am sure we can all find spongers and wasters but I don’t see the jobs out there. I do see poverty. I do see people close to an abyss of the burgeoning under class.  Continue reading »

written by reaction \\ tags: , , , , , ,

Nov 23

The Kleptocrats are fond of throwing the Socialism label about and damning state intervention. Yet they only mean state intervention to give more than subsistence food, shelter and clothing to the poor. State non intervention to prevent the cost of their pollution being paid by them. State non intervention to make them pay the long term environmental cost of just digging up the land and forests. Continue reading »

written by reaction \\ tags: , , , , , , , ,

Oct 10

No I’m not talking about financial debt albeit I probably could be. I am also not talking about AGW but I probably could be. Nope it’s debt in terms of what it has borrowed from the Earth.

The underground water supplies currently be trawled deeper and deeper in the 3rd world to bring the Western World such daily essentials as Coffee, Roses, Flowers etc. The soil sucked dry to produce goods to send to us in the West. The resources burgled at a short term price with no thought of the future.

The rivers which many countries use for drinking water are increasingly contaminated and likely to become the subject of if not wars diplomatic skirmishes. We’ve seen how a relic of Stalinism has come to bite Hungary and have an outside chance to hit 5 other countries who rely on the Danube.

Never mind the two state solution to Palestine how about the growing water grab between Israel and Jordan? When people take your water do you die or fight?

The number of precious minerals and commodities being used to extinction. This drives much of the undercurrent to the spats between the US and China.

I worry less about financial debt as being poorer for even a decade or more is not an end to life. It is not extinction. Poverty brought by the greater success of others Capitalism we in the UK can hardly complain about. However a world poverty and starvation providing the world’s rich with luxuries is not a pleasant idea.

That the boot may be on the other foot for many westerners who have read the Daily Mail or any of Britain’s tabloids like The Times and Guardian will hardly make for much Schadenfreude from someone like me who lives in the UK.

Where environmental debt does equate with national debt is that much of it is to produce cash crops to pay back western banks with money provided by China and the Far East. The goods that Western economies mostly no longer earn are produced at the expense of the environment in the 3rd world. Can our banks allow them to not borrow from their water and soil for our benefit? No.

So in the end all debt is linked. The goods produced to pay debts cause carbon to be released and in turn are paid for by countries who run year in year out deficits. That these goods may come with an even greater debt only adds to the tragedy.

The point is that regardless of whether you view AGW as a lie or a conspiracy or believe it truly it is not the only part of the environmental iceberg we are steaming to.

written by reaction \\ tags: , , , , , , , ,