What’s going on in America? The astonishing and outrageous is becoming the mundane.
The Senate has just voted to declare America part of the ‘battlefield’ in the ‘war on terror’ and to let the military detain American citizens indefinitely, without trial and without inalienable due process protections. If Americans still valued their liberties the Senate would be burning by now, the treasonous Senators kebabed on pitchforks as they ran for their worthless lives.
The White House has threatened a veto, but that’s because the White House claims these powers already and doesn’t want Congress cutting in on its action. The White House should be burned down too – again.
“The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing coordinated actions to enhance their capacity to provide liquidity support to the global financial system.”
Hey, everything we’ve done has failed, shall we print up every bit of paper we can find? According to the Bank of England, the purpose is to “ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity.”
In a nutshell, this is massive, global money-printing. Price inflation is already chronic for many people around the world because of previous attempts. It is mega-theft, literally stealing the value of our money directly from our pockets, committed by the world’s pre-eminent organised crime racket.
Hang on to your hats, buy gold, silver and stock up on what you like. Prices will soon be going much higher.
If it wasn’t so critical, you would need to have a heart of stone not to laugh at the overwhelming stupidity of the Eurocrats as they fiddle whilst Rome burns;
EUROZONE ministers struggled to ramp up the firepower of their rescue fund and are set to ask the IMF for more help after Italy’s borrowing costs hit a stunning high of nearly 8pc yesterday.
Got that, 8%? That, my friends, is the market saying it has NO confidence whatsoever in Italy dealing with its debt. None.
Two years into Europe ‘s sovereign-debt crisis, investors are fleeing the eurozone bond market; European banks are dumping government debt; deposits are draining from south European banks; and a looming recession is aggravating the pain, fuelling doubts about the survival of the single currency. There was some progress at a meeting of eurozone finance ministers last night, but it is well short of the hoped for breakthrough. Ministers signed off on a deal to pay out an €8bn loan to Greece next month, which at least pushes out the threat of financial collapse in that country. They also signed up to measures aimed at boosting or “leveraging” the European Financial Stability Facility (EFSF), according to Luxembourg‘s Jean Claude Junker, who leads the group of euro-area finance ministers.
I listened to a debate on this extra “leverage” that was discussed by Junker and his associates.
Can you guess how much EXTRA money the Euro-nations will be putting into the EFSF? Yes, that’s right – none. Zilch. Zero. And were that not farcical enough, the €1billion that they dreamed up a fortnight or so ago does not exist since most sensible investors told them to take a hike. The Chinese may be cunning but they are not stupid. And so this existential crisis staggers forward, towards the precipice, whistling all will be well.
Have to agree with Max Hastings here when he observes;
The unions’ state of denial is illustrated by today’s strikes, which their leaders claim as the start of a long campaign to protect their privileges. Hundreds of thousands of demonstrators, supposedly sensible and educated men and women, will be on the streets clamouring for preservation of inflated earnings and insupportable pension rights. They seem oblivious of what is happening in the outside world, where economies are tottering. They aspire to become merely the last survivors standing in the rubble, an idiotic as well as shockingly selfish ambition.
The state’s employees and institutions have got away with murder for decades, even under Margaret Thatcher’s premiership. Today, the profit-making part of the economy can no longer afford to keep them in the style to which they have grown accustomed. We, and the Government acting in our name, have no choice but to face them down.
I get slammed in some quarters for referring to the State sector as “parasitic” but on a day like this, when it is all too apparent that they seek to blackmail us into funding them that which we cannot fund ourselves, I feel entirely vindicated.
Well, this is the day the public sector has chosen to deny us the services we pay for. In some regards, no one will notice if the EQUALITY and DIVERSITY co-ordinators take a day off. Along with the petty officialdom of Local Government, they will not be missed and it would be good if we could sack the lot of them. Remember that between 2001 and 2009 Gordon Brown “created” over 800,000 non jobs in the State sector. These recipients of his largesse are now striking because they demand that which is unaffordable elsewhere.
I’ll be flying out of the UK later today so won’t be around ATW until Saturday afternoon, just don’t think I’m striking, I’m just taking a few days of a break Amsterdam way. I hope to talk double dutch to a real double duchess…..
Did you see that psychiatrists assessing self-confessed Norwegian mass killer Anders Behring Breivik have concluded that he is suffering from paranoid schizophrenia?
They believe he was in a psychotic state both during and after the twin attacks on 22 July that led to the deaths of 77 people and injured 151. Their report must still be reviewed by a panel of forensic psychiatrists. Breivik will still be tried in April but it seems likely he will be placed in psychiatric care rather than prison.
Is this justice for those 77 slaughtered by this killer or is it a liberal opt out?
Has the Roman Catholic church in Ireland no sense of shame, let alone common sense?;
A Catholic priest who was banned from a shopping centre after he was caught spying on people in a men’s toilet has been given a promotion, it has emerged. Fr Patrick McGarvey (43) has been appointed parish priest of Fanad, Co Donegal, by Bishop of Raphoe Philip Boyce. The elevation took place at a special Mass at St Mary’s in Fanavolty last month. Fr McGarvey was caught by undercover police at the Foyleside shopping centre in Derry in August 2004 watching people go to the public toilets there.
Surely he should have been dismissed, not promoted?
Been away all day so just catching up. Have a read here of my published views on tomorrow’s Public Sector workers!
Plus, here is a fascinating economic fact.
“The median public sector wage in NI amongst females is some 65% above the equivalent wage within the private sector.”
The British Embassy in Tehran was overrun by Iranians who wanted to protest recent British sanctions against the regime. The Iranian government used such tactics previously as some may recall. While the Iranian government expressed regret it did little to stop the incident (and likely instigated it). Violating an embassy like this should be a grave concern to the World, and it is incumbant on all nations to condemn this and take steps to make it not in the interest of Iran to allow such a thing to happen again. Ever.
What makes me think nothing substantive will happen?