Sep 28

As more and more preposterous and war like policies emanate from Downing Street and all 3 parties vote for war and surveillance we are asked not to vote UKIP as they are crypto fascist or is it quasi fascist or a very right wing party? It matters not. It’s not them creating work gangs, wars and spying on us so who’s the effin fascists here?

It’s the only excuse left to vote Lib Lab or Con. The next round of enslaving 18-21 year olds to reduce an increasingly meaningless unemployment number and ensure Tesco can stay open 24/7 and put every corner shop and independent butcher etc out of business with free cheap Labour subsidised by a state who can’t actually pay for it starts. Put simply their welfare reforms do not save meaningful amounts of money and just bring the spectre of servitude with them. By and large these asinine policies are supported by an economically illiterate electorate and hence all 3 parties. These reforms are to cement the Zombie Economy like it worked so well for the Soviet Union.

I say vote Green as at least they want to tackle one issue that matters in reality. The others, Lib Lab and Con, want a slave economy selling foreign produced goods to a dwindling middle class with a financial parasite sucking income from business. BTW if you can’t see how that works long term award yourself a mars bar.

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May 17

This is anti Labour, Tory, Liberal, UKIP and BNP. As little as I like to tell people how to vote I am suggesting people not vote for the parties listed there. It almost does not matter what you vote but Green or TUSC would be strong recommendations. You don’t have to fully agree with them. However whilst it’s easy to openly disagree with UKIP and BNP you I would bet 90% don’t want the world the other 3 are peddling.

The truth is the 3 main parties all follow the creed of Neo Liberalism. Sure Miliband will offer a few populist pebbles like freezing prices or intervening in a mega merger but they all stand for the same thing. Monetisation. There was a recent story where a narcissistic Billionaire (is there any other type?) bought a beach and then hired armed gangs to keep people off it. Now he is not monetizing his beach and indeed what he did is worse. Nonetheless expect to pay for Beaches. Similarly want Libraries or Parks and Recs forgetaboutit. Almost everything you do will cost. The state in the UK is already doing this with Hospital Parking, Hospital phonecalls and even the Hospital cafe is no longer geriatrics with tea in stainless steel pots and home made cakes. Banks increasingly do this to the poorest Americans too.

This is what Labour, Liberal and Tory stand for. They don’t deny it as the fact all 3 have been complicit in it shows. These parties basically work for the established wealth and want to create a zombie, joy-less economy where everything has a price like they do. The end result will be a considerably poorer middle class – who seem to be dancing at their own funeral. If their house price has gone up fine but they have to live somewhere and if you sell the house your income is what at 0% interest rates?

If you choose to believe your salt brand is different I refer you to the headline.

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Jan 15

My father made the point re minimum wage yesterday that we no longer have fields of sharecroppers but a bloody great combine harvester which produces compacted bails. The intriguing question is as pursuit of rentier incomes becomes the goal of a Plutocracy anxious to cement their position is this a precursor to a lack of progress?

Has investment fallen in recent years as Globalisation has made Labour cheaper? Will Monsanto owning law courts and the US Govt improve food production long term or will they take their Obama Administration approved Monopoly profits? Will the ever expanding financial sector be able to expand forever? Will housing and continue to climb? Who and how in a West of declining wages be able to support this?

Dystopia may not await but it’s not clear if it is not the goal from the policies pursued by Westernites. It’s becoming like the world of the Matrix with 1999 as some stepping off point. As increasingly the aim appears to freeze society and allow those with assets to live off rentier incomes.

 

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Aug 10

Edited 11/8

I owe some enlightenment on the issue of interest rates to Economist Frances Coppola. I  accept that savers getting -ve real interest rates are getting the right risk and reward. Although of course they are not in this bubblicious economy where a downside deflation could well happen bringing down some of the banks and leading to haircuts. Your savings are to a degree shares in the bank.

Many who argue against the rentier income world are kinda arguing for savers to be given it on savings! The argument is that without ZIRP (Zero Interest Rate Policies) or near ZIRP banks would go broke and where would savers be? With QE bloated balances hard to argue a market interest rate would be any higher. Raising rates might see some banks collapse and whilst some, and I have, will argue that may have been necessary or helpful 6 years on it would just be more pain. Continue reading »

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May 09

Interesting how Germany deals with the Dutch given the shellacking the southern Europeans and Ireland got. Yes they’ve had cheap money and a housing bubble and now have debt!

The fact is, whatever Keynesian economists say, QE and or low interest rates = bubbles = zombie economies = gutless short term politicians who won’t take the hit. Continue reading »

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