tag:blogger.com,1999:blog-32841798.post6394492043428417810..comments2024-03-28T22:45:51.014+00:00Comments on Capitalists@Work: Sunak's Package: Lots Bad - Anything Good? UpdatedCityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger41125tag:blogger.com,1999:blog-32841798.post-57967145925254950052022-05-31T08:17:04.710+01:002022-05-31T08:17:04.710+01:00And whilst this has all been going on. Johnson has...And whilst this has all been going on. Johnson has made it clear they intend to hand over health to the WHO.<br /><br />https://petition.parliament.uk/petitions/614335<br /><br />"Government responded<br />This response was given on 27 May 2022<br /><br />To protect lives, the economy and future generations from future pandemics, the UK government supports a new legally-binding instrument to strengthen pandemic prevention, preparedness and response."<br />Elby the Beserkhttps://www.blogger.com/profile/15060519682739666145noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-60007780633052633052022-05-30T22:05:31.896+01:002022-05-30T22:05:31.896+01:00"Will our elites want to poke the Bear even a...<i>"Will our elites want to poke the Bear even at the cost of dead pensioners? "</i><br /><br />https://www.theguardian.com/commentisfree/2022/may/30/eu-forget-sanctions-russia-ukraine-food-energy-prices<br /><br />The Guardian commentariat as one say "let Granny die of cold, it's worth it to stop Putler and anyway we can blame her death on Boris".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-64004840586647924772022-05-30T21:31:38.712+01:002022-05-30T21:31:38.712+01:00Timbo, they seem to be keeping the coal stations o...Timbo, they seem to be keeping the coal stations open as well as trying to get an extra year out of Hinkley Point. Now if only we could reopen a couple of mines and approve that one near Whitehaven...<br /><br /><i>Six million homes could face power cuts this winter if the Russia standoff escalates, ministers have been warned. The grim picture is painted in a 'reasonable worst case scenario' prepared for the government. It predicts major gas shortages at the turn of the year if Russia cuts off more supplies to the EU, with plans drawn up to ration electricity if the situation deteriorates. According to the details seen by The Times, limits could need to be imposed on industrial use of gas, including on gas-fired power stations. </i><br /><br />https://www.dailymail.co.uk/news/article-10867237/Six-million-homes-face-power-rationing-Russia-standoff.html<br /><br />I bet Russia are praying for a freezing winter. Will our elites want to poke the Bear even at the cost of dead pensioners? Don't answer that! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-16434748137387559792022-05-30T16:46:41.337+01:002022-05-30T16:46:41.337+01:00@ND Slightly off topic but I read of discussions t...@ND Slightly off topic but I read of discussions to reopen the Rough gas storage facility with a Govt. subsidy of £1 Bln! What are the logistics/pragmatics? Any chance of it actually happening or does 1 Bln sort it?Timbo614noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-25613986157367789252022-05-30T13:45:49.234+01:002022-05-30T13:45:49.234+01:00Plus one of these, flown in from Sweden. Fast busi...Plus one of these, flown in from Sweden. Fast business jets as ELINT platforms seems to be a thing, I've seen Beechcraft stuff too. <br /><br />https://www.ainonline.com/aviation-news/defense/2022-02-24/artemis-challenger-joins-ukraine-surveillance-effortAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-50013943014416245432022-05-30T13:15:40.817+01:002022-05-30T13:15:40.817+01:00Today's UK visitor is a Brit Typhoon, doing lo...Today's UK visitor is a Brit Typhoon, doing lots of circles round the Rzeszow airport. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-46264834104782880962022-05-30T10:09:24.356+01:002022-05-30T10:09:24.356+01:00Another Kalitta Air 747 arrives at Rzeszow from NY...Another Kalitta Air 747 arrives at Rzeszow from NYC.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-10101182538890108492022-05-30T10:02:48.612+01:002022-05-30T10:02:48.612+01:00Boris needs distractions (and to stay onside with ...Boris needs distractions (and to stay onside with US who are completely in charge of "Western" responses). I agree it's prolonging the agony for Ukraine.<br /><br />We don't execute murderers, but we are happy to prolong a war, and indeed to kill innocents in Serbia/Iraq/Syria/Libya when we bomb, as always happens in war.<br /><br />https://en.wikipedia.org/wiki/Amiriyah_shelter_bombing <br /><br />OK, we've seen Mariupol - but Fallujah was a LOT worse.<br /><br />And don't forget what we sell the Saudis which they then drop on poor old Yemen. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-31720670621122200282022-05-29T21:14:58.134+01:002022-05-29T21:14:58.134+01:00Anonymous @ 8.12
I understand that discreet suppl...Anonymous @ 8.12<br /><br />I understand that discreet supply happens. I've no real objection but feel it's prolonging the inevitable. <br /><br />What I do object to, however, is Boris's showboating. <br /><br />Toddler haircut, toddler behaviour. E-Khttps://www.blogger.com/profile/16657071992016670517noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-4172106564427633932022-05-29T20:12:10.323+01:002022-05-29T20:12:10.323+01:00RAF Airbus 400 leaves Rzeszow after a hardware del...RAF Airbus 400 leaves Rzeszow after a hardware delivery. I see Russian/DNR/LDR claims of hits on "NATO weapons stores" but they are all half way to the frontline. Are the RU not capable of interdicting them between the frontier and Lvov/Lemberg? <br /><br />https://www.planespotters.net/airframe/airbus-a400-zm403-royal-air-force/epq28x<br /><br />Ryanair run regular services Luton/Rzeszow (£39!), sometimes coinciding with arms arrivals. Be interesting to do some planespotting, though the prospect of eating pickled cabbage and sour cream in a Polish jail doesn't appeal.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-84803863048876559542022-05-29T09:49:41.981+01:002022-05-29T09:49:41.981+01:00Sunak is the archetypal citizen or nowhere, or rat...Sunak is the archetypal citizen or nowhere, or rather or multiple places: UK, California, East Africa, India, and the Seychelles (where his wife's money resides, I think). But Boris too: born in NY, school in Brussels. Boris's father has become French, which gives you an indication of the family's commitment to the UK.DJKnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-13308133251108855492022-05-29T09:39:50.333+01:002022-05-29T09:39:50.333+01:00Andrew: "The Governing class IS the problem. ...Andrew: "The Governing class IS the problem. The ARE the cost. "<br /><br />Yes. And we could start by abolishing salaried MPs and Lords. It's turned out to be one of the biggest errors in the last one hundred and twenty years. And a festering opportunity for backscratchers and freeloaders.<br /><br />They should be given accommodation vouchers, redeemable in Travel lodge or the lower strata Hiltons and the like. ( On the other hand, given that they all ran away and hid during the COVID scamdemic, an MP only really needs an internet allowance. £100 per month for 1Gb internet access. After all, they've demonstrated that it can be done.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-38937291235868220002022-05-29T08:21:29.375+01:002022-05-29T08:21:29.375+01:00Viewed through that prism and you see the extent o...<i>Viewed through that prism and you see the extent of our problems. You may find your solution but I'm fucked if I can see it.</i><br /><br />Drain the swamp?<br /><br />The rot set in with the Whigs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-20366540112598949522022-05-28T22:54:19.722+01:002022-05-28T22:54:19.722+01:00"The Governing class IS the problem. The ARE ..."The Governing class IS the problem. The ARE the cost. They ARE the malign force within this country which steals our wealth and drains our lifeblood and destroys the fabric of our civilisation hijacking woke causes to do so."<br /><br />+1<br /><br />Someone coined the phrase 'citizens of nowhere' and indeed these people think that because they have an electric gate securing their home they dont live in the same country.andrewhttps://www.blogger.com/profile/07311993288675111834noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-27616460458776301722022-05-28T12:31:40.229+01:002022-05-28T12:31:40.229+01:00@ dearieme:
131.7% per annum. @ dearieme:<br /><br />131.7% per annum. Don Coxhttps://www.blogger.com/profile/06339420519741253080noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-33853375276805450262022-05-28T09:03:39.498+01:002022-05-28T09:03:39.498+01:00"There is a handful of Tory MPs still pushing..."There is a handful of Tory MPs still pushing the Prime Minister to resign. He will not do so. If this group of people possess a moral compass, they themselves would resign from the Party."<br /><br />Boris and Sunak ARE the problem. <br /><br />Here is the full article and who can dispute it ?<br /><br />https://www.express.co.uk/comment/expresscomment/1616965/partygate-boris-johnson-resign-sue-gray-will-Boris-be-sacked-Tories<br /><br />"Yellow card territory" ??? The man is a menace. And he's made us a prime target of Russia. <br /><br />E-Khttps://www.blogger.com/profile/16657071992016670517noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-6888156151490706722022-05-28T05:20:54.129+01:002022-05-28T05:20:54.129+01:00Well, look what Bunter's done now. He really n...Well, look what Bunter's done now. He really needs to go before further damage takes place. His contempt for democracy country knows no bounds. <br /><br /><br />https://www.theguardian.com/politics/2022/may/27/boris-johnson-changes-ministerial-code-to-remove-need-to-resign-over-breaches<br /><br />"Boris Johnson has been accused of changing the ministerial code to help “save his skin” ahead of a new Partygate inquiry that could publish more photos and subject him to a public grilling by MPs.<br /><br />The prime minister faced a barrage of criticism after he amended the rules on Friday to make clear that ministers will not always be expected to resign for breaching the code of conduct. Under new sanctions, they could apologise or temporarily lose their pay instead."Elby the Beserkhttps://www.blogger.com/profile/15060519682739666145noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-17538547272500120942022-05-28T00:22:55.256+01:002022-05-28T00:22:55.256+01:00Anon at 6.11 Nothing wrong with buying a bigger an...Anon at 6.11 Nothing wrong with buying a bigger and bigger house if you've paid for it. You get to live in it. <br /><br />---------<br /><br />We're going to have to go through the full 70s cycle again until a Thatcher arrives. Even then I'm not sure that there's any family silver left to sell off this time. <br /><br />What would I do ?<br /><br />Well, I did say lockdown was a bad idea and would result in hardships unseen by many and to war. Well here we are. <br /><br />The Governing class IS the problem. The ARE the cost. They ARE the malign force within this country which steals our wealth and drains our lifeblood and destroys the fabric of our civilisation hijacking woke causes to do so. <br /><br />Viewed through that prism and you see the extent of our problems. You may find your solution but I'm fucked if I can see it. <br /><br /><br /><br />E-Khttps://www.blogger.com/profile/16657071992016670517noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-64536933193447772002022-05-27T21:41:18.895+01:002022-05-27T21:41:18.895+01:00"131.7%": per what? Week?"131.7%": per what? Week?deariemenoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-38503805011780281382022-05-27T20:23:47.149+01:002022-05-27T20:23:47.149+01:00Inflation in Zimbabwe is now 131.7%:
https://www.z...Inflation in Zimbabwe is now 131.7%:<br />https://www.zimbabwesituation.com/news/inflation-races-to-1317/<br /><br />That didn't stop the president from hiring an expensive private jet to get to Davos. <br /><br />DonDon Coxhttps://www.blogger.com/profile/06339420519741253080noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-51126287454273059462022-05-27T20:11:15.437+01:002022-05-27T20:11:15.437+01:00If proper monetary controls are introduced, the ec...If proper monetary controls are introduced, the economy will temporarily contract, as is happening now in the US. It will not be "destroyed", but will find its own equilibrium between supply and demand, without being artificially pumped up by negative interest rates and money-printing.<br /><br />Whereas mass inflation will undoubtedly destroy the economy, and people's lives with it. As Lenin himself said: "You wish to destroy capitalism? Debauch the currency!"<br /><br />As for "everyone loaded up on cheap debt", in fact most mortgage deals are on fixed rates, and much government debt is also on a pre-set tariff. Those who are so "loaded" will have to adjust their outgoings accordingly.<br /><br />As with the same situation in the late 1970's/early 1980's, some pain is inevitable. But the alternative is at best Argentina, and at worst Zimbabwe.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-58262925769512072032022-05-27T19:56:49.909+01:002022-05-27T19:56:49.909+01:00I am sure house prices will go down if we raise in...I am sure house prices will go down if we raise interest rates. They will also rise with 15% inflation, as real assets hold some value over financial assets.<br /><br />Promise I have the answer and will write it up next week.CityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-85215604941718292312022-05-27T18:11:51.187+01:002022-05-27T18:11:51.187+01:00Anon: "That is to raise interest rates, to st...Anon: "That is to raise interest rates, to stop "quantitative easing", and then to put it into reverse."<br /><br />That's what they should do.<br /><br />Talk about the horns of a dilemma. They need to raise rates or inflation will destroy the economy (viz Rail unions demanding more pay, just imagine what's going to happen with inflation at 15%? ), but if they do raise rates it'll destroy the economy because everyone has loaded up on cheap debt over the last twenty years, effective negative interest rates ( taking into account inflation of 2-3% interest rates vs interest rate of 1% ).<br /><br />If you've bought a bigger and bigger house because prices always go up. Good luck.<br /><br />Oh! And meanwhile, MPs award themselve £2K pay rise ( for destroying the economy ). Muppets!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-87240651184110771532022-05-27T17:18:42.535+01:002022-05-27T17:18:42.535+01:00There is only one way to curb inflation. That is t...There is only one way to curb inflation. That is to raise interest rates, to stop "quantitative easing", and then to put it into reverse. This is what the US Fed is doing, albeit belatedly, and what the BOE should start doing now.<br /><br />The Bank's refusal to raise interest rates last autumn was criminally irresponsible.<br /><br />And the politicians need to get together again with our former acquaintance TINA.<br /><br />Unfortunately, we have no Mrs Thatcher or Geoffrey Howe available, to put TINA into practice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-27064555556079765772022-05-27T12:31:36.385+01:002022-05-27T12:31:36.385+01:00"Printing money a l'outrance has been a b..."Printing money a l'outrance has been a bipartisan policy for 25 years."<br /><br />That is true.<br /><br />But that BoE graph the last three bars were from 2020 *alone*. That all belongs to the Tory party. And despite the neanderthals claiming Putin's price hike is responsible, that QE in 2020 is the direct cause of the UKs current rampant inflation.<br /><br />The Tory party did this.<br /><br />Anonymousnoreply@blogger.com