Nov 27

It’s a sad irony that after being encouraged to join the Euro by the likes of Goldman Sachs [Greece by those actual spivs] the South European nations Italy, Spain and Greece are now the property of ex Goldman Sachs bureaucrats and spivs free to lock up journalists and ship their assets to their mates in Goldman Sachs and similar disreputable companies.

Until yesterday no major Northern European nation had been forced to do this but with all its internal candidates broken the Bank of England will have  a 13 year Goldman veteran head it. Now we should not label people just by association but a career banker of any shade is to be avoided.

With all 3 major parties supporting this appointment we can now safely say that on the big issues you’ll find nothing but agreement between the 3 main parties. Not one call for an economist or anti banker just another insider who was happy to be paid a lot in the noughties while our Chidren’s future was consumed – I have no children but you know what I mean!

Seems I underrated their control take away Spain add Ireland, France, Belgium add Germany.

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May 01

For some reason mostly centre left politicians have in the UK been very pro Euro. Indeed the main anchor on the Labour party trying to get us into a single currency has been  two fold. Unpopularity and till it became a bad idea there was Brown’s 5 economic tests. This was typical Brownism an attempt to seem one way whilst doing nothing and I applaud it. The 5 tests could never be met.

Indeed it’s sad that Clegg and the Liberals still seem some mileage in a policy that is best ridiculed with the one argument that comes up holiday makers who pollute the atmosphere will not need to spend a fiver getting some cash in some countries.

What I have always had against the pro Euro camp is by and large they are like fans of a football club. The way they have inched us to European integration without seemingly any desire for it among populaces. Even when countries have negative plebiscites their results are disrespected and another one organised with dire threats from politicians and another one if that fails – sorry but referendums are not democratic as you are made to vote for something till you say what the Politicians want and then never get to vote again!

For me I am happy with a common market, a secretariat but see no need for the expense of a European Parliament which is yet more Brownian politics. It’s meant to be a symbol of democracy but ala Brownian projects it’s far too expensive and achieves very little. Most laughable because its elections fall mid term it’s staffed with anti EU MEPs from Britain. Look at voter turn out we just do not care for it.

What is bizarre with the Euro is how the Germans  would enter a currency and not insist on almost running the other economies. For a country that now rightly it seemed resisted the desperate Obama and Brown plans to to reflate their unsustainable bubbles Germany now finds itself having to prop up 5 weak economies who have thrown 2 fingers up to economic sense whilst sharing a currency.

Equally baffling about the Euro is why countries like Greece and Italy with their preference for inflation over decision making would want a strong currency. Thence their decline in competitiveness every year with a currency that cannot move to match – much like the rest of the UK has with a leeching City which after the bailout has contributed nothing to us over the last 20 years. The other side is of course no doubt in private Angela Merkel is glad the elephant that is the UK’s public debt is not on their currency either.

Smaller economic units make better sense to me. They can be more representative of local interests. However vested they are they beat national vested interests in the EU.

Keep the common market and co-operation on foreign policy. Dump the Parliament and stay out of the currency.

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Nov 17

People talking without speaking
People hearing without listening

Today the Chinese lectured the Americans on protectionism whilst complaining at a falling dollar and ensuring their currency stayed low.

Obama rattled on about human rights and the need for China to do something about emissions whilst doing nothing about rendition, torture and US emissions.

Miliband said Afghanistan was not war without end. Brown talked about talks about talks about handing over to Afghan security forces like this was a) practical b) was new not a failing policy for years c) a policy that was within their power to enact.

All were not talking to any end merely playing politics. You have to ask how empty these suits are? Do they believe a word they say? Do they understand what they are doing or are they living under a delusion?

In terms of practical things being suggested or real politics all we got was the sound of silence.

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