Jun 28

No doubt if you looked at graphs real wages have flat lined for years and but but our houses are worth a shit load apparently. Well anecdotal will do today….

I was in London drinking in Hammersmith not a particularly posh borough in the past. Yet if I earned a 100 grand and had a wife and 2 kids could I even afford to live there? If I was on average household income of £38,547 could I?

I was put in mind of the 70s lifestyles of Lunchtime O’Booze journalists who crushed beers all afternoon every day. Could you on a hundred grand a year sit in a pub every afternoon and live in or around central London? Never mind a journalist’s salary?

The subsidy of housing is if not making us poorer in the way income is measured is certainly changing what we can and cannot afford. How close to London we can live and hence how far we commute.

As with Greece the unwinding of these artificial economic constructs will be harsh. The eventual great sell off of housing by income poor boomers will lead to a correction as the ‘wealth’ they have appropriated in pre existing bricks and mortar disappears. The problem is of course now they force up land prices and we are forced to the ‘burbs as London property becomes the money laundering tool of preference [HSBC excepted] and the UK Govt pours in subsidy to make the criminals and landlords richer.

Thus us the people better off? Unlikely.

Losing an hour a day to travel to work. Lost lifestyle choices no longer available. Quality of life lost. Unarguably.

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

May 03

I think the irony with the Conservatives is that I could given a choice of Labour or them back them if they stood for what they claim to. If they meant they liked the NHS or at least the concept of free Education and Health. If they believed in market economics and not the mass subsidy model that extends Govt Power and loads debt on hardworking taxpayers and even the ones who steal their pay. If they had even the remotest belief in freedom.

Sadly the Conservatives are a con. They stand for Feudalism and the stoking of land prices and rural subsidy at the expense of the environment and indeed the land itself. They stand for rentiers as they seek to take housing assets into the stratosphere with subsidy. They talk Austerity yet match Brownian profligacy with subsidy to all those groups and fossil fuels. Cameron’s greenest Govt ever is paying oil companies whilst the price is low and trying to turn the UK into a fracked waste land. They support the banks laying waste to our productivity and the SME sector. If you’re a small businessman who votes Tory you’re an idiot (or your [sic] an idiot as you would write it). They stand for fraud and tax evasion.

They support the same nonsense as Labour of nationalising debt and trying to extract all taxes from the hardworking families they so patronise. They pay off the babyboomers whilst reducing normal people to foodbanks. They hand power to MI5 to spy on us and on behalf of large banks and corporates. None of this will create a free society or even a working economy for the vast majority of us. They toss subsidy to Coca Cola via the aid budget. To BAE for weapons that don’t work. HS2 threatens to match NHS PFI as a historic waste of money and graft.

The Conservatives are a conceit of ideology some say but it’s worse than that they are feckless fools who are either: sociopaths who just want to inflict misery: idiots who believe they are following an ideology: or just plain feckless creeps in it for themselves*. Labour patronise the Tories damn the poor but it all comes from a ludicrous conceit reinforced by the education system that they are better than the next person.

* More than 1 answer may apply

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

Oct 25

Len McCluskey may have many good features but I’ve not seen them. Whether he’s making a fool of himself on Telly or leading workers to the Dole he’s there front and centre. A buffoon of a Union Leader who never has a strategy or place to go. Who leaves workers between a rock and a hard place.

Seriously I’d rather drown than join Unite.

The only issue is how much graft and backhanders did INEOS get? Some suggestion of 300Mn in loan guarantees or £10 an income taxpayer? £30 apparently if you count the clean up cost when it closes in a few years but that would happen anyway. This is money the inadequate McCluskey has cost you. Classic politicians as long as jobs are involved any fraud or chicanery or waste is a good thing.

When Jonathan Meades finished his tour of Scotland arguing the country as an independent would rise or fall on Grangemouth he may not have been far wrong. It will fall.

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

May 11

George_Osborne
Just confirmed: the next Star Wars film will be made in UK. Great news for our creative industries. May the force be with us…..

Osborne’s lackey, I assume, made the above tweet. Odd that an industry so subsidised it’s been the source of numerous tax scams would be the focus of a positive tweet. After all we’re currently killing arts and regional arts in this country. We scraping pennies a week off people living hand to mouth. We’re forcing the unemployed to do worthless jobs that add no income to the economy.

Yet we are subsidising a film that will be made anyway. Whose employment will be temporary.

Govt increasingly delights in the power of its own patronage. With a compliant media and academia it’s closer to a form of Stalinism than actual Capitalism or anything approaching a fair society based on merit.

The bankrupt city of Detroit tried to become a film mecca how is that working out?

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

Apr 13

It’s an oddity that those who strongly supported Lady Thatcher’s restrict money supply and don’t subsidise people to work often claim to support the current Govt. This is like being a fan of theatre but also supporting building a block of flats over the Old Vic.

Tell me why Govt should do nothing to subsidise skilled jobs that made an accounting contribution even if they lost money overall? Yet should support forcing people to do soul-less learning free jobs in Poundland selling largely foreign goods without improving the nation’s output? The reasons for the former might be a belief in something the reasons for the latter can only be hate. I would opine that the current Govt’s policy is so asinine as to be a symptom of corruption or extreme stupidity.

The thing the Cameron Govt policy has in common with Thatcher’s is hatred of the poor and stupid policies.

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

Mar 21

Ask a Man United fan why they support the team and they will cite many true things about United. United fans may have a point but those who support political parties don’t. Football fandom may have more differences than the current Punch and Punch show in the Commons. 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: , , , , , , , ,

Apr 18

Many people in large parts of the country will be enjoying clearer skies, less noise and less viewable pollution at present. Ironically because of air bound particles from a volcano.  Inevitably many will come to prefer this state of affairs even if sadly it cannot last.

Air travel is a disproportionate contributer to man made global warming (AGW) but not so widespread it can on its own be a cure just by being stopped. Thus arguments against its extent have to start somewhere else.

My main argument against it is that much of it is clearly a subsidy to the wealthy. You will see a load of taxes listed on your ticket but some of them are actually payments to the airlines. The fuel used to fly you is not taxed yet the poorest person running the smallest car is screwed in the UK. Beer drinkers are emasculated.

Consider that relatively most fuel is used to fly Business and First Class passengers and the extra staff used on them. Yet the airlines making money do not transport the rich and entitled nor do they have status affirming devices like Business Class. Many of the major airports like Heathrow are chock full of loss making airlines and many of those airports built and subsidised by local tax payers. Thus those people who use those airlines are being subsidised somewhere in the system either by taxpayers or shareholders or both. Not the Ryanair and EasyJet punters.

Another thing about those airports is that to create further artificial ‘value’ they treat people differently. First and Business class users are fast tracked through customs and passport control whilst the rest of us are abused, often by morons, who do not want us to choose the short queue for whatever reasons to suit their crypto fascist natures.

Business class types might bleat that they pay far more than most people in Coach. However many people who have to fly in economy do not pay far off a business class fare dependent on the status accorded them by their firm.  Plus as mentioned above the extra infrastructure to having more than one class of passenger seems to be heavily subsidised before considering those airlines with multiple classes lose money.

It is genuinely odd that some airlines have First Class.  Go through the list of people in First Class and you’ll see it’s a form of graft. Managers in the airline get it as a perk, a buttress to their status. Politicians and guests of the airline. Dreck celebrities and minor royalty who buy Coach tickets and get up graded. First Class truly is a place based on status not even determined by money.

There is also a further reason air travel is subsidised much of it is unnecessary.  You do not need to communicate directly face to face anymore. Certainly not for most of what the Business and First Class passengers do. Ironically it’s probably helpful for the Coach bound technocrats and analysts to see first hand but the decision makers are almost unnecessary in that they can get reports and do meetings with people anywhere in the world without leaving the office. These Business passengers do not pay for their tickets yet through reward schemes they benefit from their company’s spending. They are subsidised by their business travel and have a vested interest in over spending and unnecessary travel.

A lot of air travel is therefore a wasteful exercise in providing subsidised affirmation of the person’s position in society. Bizarrely the countries of the world subsidise this, more accurately the world rich and leaders have created a subsidised world where the common man is forced fed their superiority no matter how faux that is.

Additionally I find it frankly bizarre that us taxpayers are subsidising  people who often earn money here but pay little or no tax to help out-source our jobs and lower our wages through a subsidised globalised Labour market oiled by subsidised air travel.

I do not mind Air Travel just that it is subsidised. We will not subsidise miners. We only subsidise banks as a necessity. It’s not like we are subsidising just any air travel either but that of the wealthiest and in an artificial law free environment where their faux superiority is enforced on the rest of us.

Sidebar: Gordon Brown must wish he lived in an airport where: the wealthy are not questioned: suited people in jack boots order ordinary people to surrender their dignity: where every sq inch is covered by CCTV: where you need papers to go anywhere: where the plebs are shut out of lounges and cannot challenge their betters. Hell to anyone with dignity Heaven to Brown.

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