Archive for the ‘Finance & Economics’ Category

Why the Grenfell Tower Blaze stands as a monument to Tory austerity measures

June 30, 2017

Why the Grenfell Tower Blaze stands as a monument to Tory austerity measures

By Dark Politricks

I am writing this one handed as I currently have a broken right arm which really makes it hard to blog at the moment, however after another sleepless night of watching YouTube I thought it necessary to at least post some of my views on the austerity measures that have been inflicted on the poor people of the UK.

Whilst our Labour leader Jeremy Corbyn gets attacked daily in the mainstream news like Bernie Sanders has been in the US, at least with his progressive agenda that many people thought would wipe the party out, he actually increased Labour’s vote in the recent unnecessary general election. The Democrats seem happy to have a Republican in power than a progressive politician at any cost.

Our Prime Minister Theresa May has fought her last election and will probably be gone soon. However the performance of Labour showed us how many people are crying out out for more progressive policies and have had enough of the Tories austerity measures which have cut disability benefits to people who need them, increased rent on social housing if  you had a spare room and cut funding for many local authorities which has seen the closure of police stations (two in two towns near me), plus much much more.

Instead of boosting her power before BREXIT negotiations it has weakened them as she has gone from a majority government to a minority government propped up by the terrorist linked UDP. This is a party who are linked to the UDA terrorists in Northern Ireland.

As the Independent headline puts it in a recent article.

The UDA is a violent loyalist paramilitary group, which is still active today. Just weeks ago, it murdered a man in broad daylight in Northern Ireland – he was shot dead in a Sainsbury’s car park in front of horrified shoppers and his three-year-old son.

People in the UK are slowly realising that a Corbyn Labour government would not be as bad as the Blairite’s and MSM would have you think and when he explains his policies they are not so crazy after all.

You van see this at any Corbyn rally which sees huge crowds of people turn out, just like Sanders in the USA, and his compassion after the recent Grenfell Tower Block fire which killed 79 people.

Grenfell Tower Block after fire
The aftermath of the Grenfell Tower Block fire

Whilst Jeremy Corbyn was walking with the victims and bereaved people from the local community. The Prime Minister Theresa May was being booed and shouted at by a held back police line as she refused to meet residents and victims and had to be protected by police from the local community who shouted “coward” at her.

Jeremy Corbyn with victims of the Grenfell Tower Block blaze
Jeremy Corbyn comfits the victims of the Grenfell Tower Block blaze

 

Theresa May refuses to meet victimd and residents of Grenfell
Police protect PM Theresa May from residents shouting coward at her for refusing to speak to them

Personally I think this stands as a monument to the Tory austerity measures which had including “Cutting Red Tape”. In this instance it meant that no sprinklers were on each floor and no fire extinguishers. Instead the local government decided to plaster the building in flammable cladding around the tower block to make it look “nicer” to the more affluent residents of the borough who can afford the extortionate prices of housing in the area.

Whilst rich Chinese and Russians buy up huge swathes of London housing pushing up prices and closing local communities whose local shops now have no customers due to the purchasing of these properties as a way of tax avoidance rather than being used as actual homes. The people of London have no choice but to move out of the areas their families have lived in for years to more cheaper areas, making it more costly to travel in to work each morning.

People such as nurses, carers, police, firemen, and many other important jobs that are needed for running London should not have to travel miles into the city due to foreigners buying up extremely expensive apartments and houses that kill local communities. Instead they should be given a government discount on any home they wish to buy to keep them in the city.

If I had my way there would be a law that if you did not live in your property for at least half of the year then it becomes a “usable government asset“, one in which homeless people from Grenfell could go and stay in whilst waiting to be re-housed.

Why should we let London become a home purely for the rich and overseas businessmen to “stash their cash” by buying up housing.

There is not enough new houses being built in the UK and especially in London.

We used to have council estates but Thatcher sold many of the homes off which was good in some situations but not in others, as the people who couldn’t afford private ownership or rent had a dwindling supply of homes to live in as they were not being replaced.

We now have housing associations which mean many areas are filled with a mixture of private and council owned owned housing. This means that the rich live next door to the poor and we have a more integrated living arrangement. The problem is the people building new flats and homes want to sell them for high prices which the council cannot afford.

In some boroughs there is no housing available, even if you are homeless. You are given a list of private landlords who will take Housing Benefit cheques from the government. Guaranteed money and usually guaranteed dumps to live in.

Many of their homes are run down and need fixing, yet they let people who they know won’t complain too much due to being scared of eviction, with guaranteed housing benefit cheques from the government. Many of these landlords will take out a mortgage, buy a block of flats or a house, turn it all into bedsits with shared bathrooms and kitchens and then rent it purely to people on state benefits. The mortgage is paid off in a year or less due to it being guaranteed rent money and few complaints about leaky taps and the landlord gets to live in a nice big mansion.

So housing is big problem in one of the most over crowded countries on the planet and the Tories only seem interested in allowing foreign investors to ruin communities by buying property as assets and not using them as homes, plus building private housing where a one bedroom flat could be as much as £300k+.

I’m not kidding some private flats and houses just went up near me and in the space where there used to be a few houses with big gardens they have managed to squash in dozens of houses and flats with walls so thin you could probably hear rows three flats away. I was given a brochure for this new housing area which stated I too could own a new two bedroom house for as little as £350,000!

Personally I think the burned out shell of Grenfell Tower should stand as a reminder to what austerity does to normal people due to the burden of the banking crisis being placed on the backs of the poor  instead of the Banksters who caused it.

 

By Dark Politricks

View the original article at www.darkpolitricks.com

© 2017 Dark Politricks

February 6, 2017

The Deep Secret Truth About Donalds first weeks. Goldman Saachs, The Muslim Ban, and the Dems Impotent to do anything about it

Redacted Tonight

In this episode of Redacted Tonight, host Lee Camp uncovers the truth about why Trump banned travelers in those specific seven Muslim countries. Then he goes into the latest news on Trump’s cabinet picks and how they all have very curious overlaps on their resumes related to Goldman Sachs.

He covers breaking news about how one of the biggest flaws in our elections could be fixed: gerrymandering.

In the second half of the show correspondent John F. O’Donnell reveals the psychological effects on the American populace when they absorb a constant stream of lies.

Finally, correspondent Natalie McGill covers the questionable improvements of Flint, Michigan’s water system. This and more on Redacted Tonight.

GET FREE TICKETS to be in our LIVE AUDIENCE in Washington DC! Email RedactedTix@gmail.com.

OTHER CITIES – We tour regularly with live stand-up comedy. For a list of where we’ll be performing our stand-up comedy shows, go here – http://LeeCamp.net/schedule/

Join the ‘Redactivist’ movement online…

Subscribe to the Redacted Tonight YouTube channel for more comedy news with saber tooth tiger teeth: http://youtube.com/user/RedactedTonight

Find Redacted Tonight on Facebook for source material about our stories and daily updates: http://facebook.com/RedactedTonight

Follow us on Twitter for funny, informative info and to participate in our weekly ‘Redactivist’ hashtag: #Redactivist
http://twitter.com/RedactedTonight

Visit Lee Camp’s official site to listen to the ‘Moment of Clarity: The Backstage of Redacted Tonight’ podcast w/ Lee and John F.O’Donnell:
http://leecamp.net


Comedy Shows

GET FREE TICKETS to be in our LIVE AUDIENCE in Washington DC! Email RedactedTix@gmail.com.

OTHER CITIES – We tour regularly with live stand-up comedy. For a list of where we’ll be performing our stand-up comedy shows, go here – http://LeeCamp.net/schedule/


Source Material:

No terrorist attacks post 9/11 by people from countries in Trump’s travel ban? http://bit.ly/2jtxYeb

Trump’s Surprising Embrace of ‘Government Sachs’: http://bit.ly/2jHkfW6

Democracy Wins One as a Federal Court Strikes a Big Blow Against Gerrymandering: http://bit.ly/2kc10Tk

Trump’s Lies Versus Your Brainhttp://politi.co/2j1sry8

Lead levels for water in Flint, Michigan have fallen below federal limit: http://cnb.cx/2l5QpXx

 

View the original episode either each weekend on YouTube or catch it up the channel at Redacted Tonight.

Jeremy Corbyn wins two Labour leadership election victories but will be enough for the Blairites?<

September 26, 2016

Jeremy Corbyn wins two Labour leadership election victories but will be enough for the Blairites?

By Dark Politricks
Dark Politricks

 Jeremy Corbyn wins yet another Labour election victory
Jeremy Corbyn wins yet another Labour election victory but will it stop the Blairites attempting another coup?

Guess what…

Jeremy Corbyn has won his Labour Leadership election battle against the unknown (to me at least until this content), Owen Smith.

I don’t find it a surprise, I don’t find it a shock I find it a waste of time and a stupid exercise by Blairites and their followers who they co-erced into joining their coup as a massive custard pie in the face. They have really wasted some important months when they should have been attacking the Tories on

  • BREXIT and what’s happening with it (I have no clue).
  • Our new PM Theresa May and how she has gone back on many of David Cameron’s policies – which should really trigger a general election but as the Labour party were in no fit state to fight one they got away with it/
    The re-introduction of Grammar Schools.
  • The possibility of Scotland holding another referendum to leave the UK.
  • China building our nuclear power station and security issues around this.
  • So many other items to mention.

This is what satirist Jonathan Pie thinks about the re-election of Jermey Corbyn.

This year he won with 61.8% of the vote to Smith’s 38.2%.
Last year he won with 59.5% of the vote against the other 3 candidates.

This must tell you something. Maybe that the people and the Labour members want him as their leader no matter how much the press attack him all the time and try and portray him as unelectable?

Are the Blairites mad, do they not realise that the Labour party and the part of the country who are left wing actually WANT Jeremy Corbyn as the leader. Not some air brushed, PR managed, speaker phone in a suit, controlled by HQ who says what he is told to, and has no real opinions or beliefs of his own?

We don’t want constant US led war, like a puppy on a lead.

“Lets go bomb this country now UK our Special Friend”, and then afterwards whilst the people are all still fighting in a civil war, or forming new terrorist groups we can later control for our own ends, we can let all the US corporations get the oil rights such as Halliburton.

Plus all the contracts to rebuild the roads and hospitals that we bombed for no reason in the first place can go to US companies formed for exactly this reason.

Special Friend? The only thing special about our relationship with the USA is that we get to sleep in the wet patch afterwards and have little say when the “special” part is about to start.

We don’t want to to give banks money at 0% interest rates whilst we all have to suffer with 10%+ or if your stuck then WONGA or 1 of the hundreds of pay day loans that have sprung up much more.

Is that not a sign something is wrong?

When the public have to pay 1000s of % APR for their money? Do you know the pay day loans interest rates at the moment.

  • WONGA – 1,177% APR
  • Satsuma Loans – 1575% APR
  • Sunny – 1,299% APR
  • Square Today Short Term Loan – 1265% APR

I could go on, but that seems wrong to me, especially when all these payday banks are owned by the same main banks at the top anyway. It seems to be one of our only growth industries in the UK at the moment along with online Bingo, Poker and Gambling sites. That doesn’t say much for our economy does it?

If your a normal person, I consider myself normal believe it or not, then we don’t want our economy to built on services that milk the common person so that big banks get even richer and the poor poorer. No, we want to re-focus it so that we have a skilled manufacturing base, a decent job for university and apprentices to enter into after work not fill the shelves at Lidl.

We want high tech, high skilled people and a way for those who have fallen off the track due to ill health or long term joblessness to get back into those jobs through free training. Not punishment by taking away benefits because they have an extra room in their flat, or they don’t have a computer so that have to spend their meager benefits on bus fares into town to use the library to search for jobs as they currently have to do.

Call me stupid but we don’t want to privatize everything from education to the NHS. Privatising the National Railways when you think about it can’t be competitive anyway due to not having the ability to have 2 trains running on the same line at the same time to the same place. Isn’t that what competitiveness should all be about?

Unless you are going to allow each railyway company to build their own tracks through the country (which would take decades due to planning permission and all the rest) then you should make our railways a decent public transport option for the nation by making them fast, on time, reliable and cheap. If you did all that more people would leave their cars at home, help the environment and use the trains like they do in Spain and France.

Why is it in Spain I could travel overnight and back to a place the same distance as London for a couple of pounds on a clean railway when here it costs me the best part of twenty pounds, and more if it’s overnight?

No it has to be all about money and putting it into the pockets of companies after we have sold the rights for a few billion. It’s a stupid mentality only dreamt up by the Tories and Blairites.

The same goes for education. Education should be for life. People should be able to re-skill throughout their lives without forking out thousands in loan repayments. You should be able to go to University for free, another Blairite scheme that has just expanded the cost of education to those that can afford it again and again.

Cut the amount of money we spend on a useless Trident scheme that relies on US GPS (so they could turn it off if we went rogue), and the trillions we have spent on wars over the last decade and we could easily afford free education for all for life.

If you are unemployed you should be able to get onto any workplace training scheme or educational course you want for free.

It costs a lot more to have a jobless person claiming benefits for their home, pocket and council tax for years on end than it would for a year or two at a college.

We also have to admit that some of the things Blair and his cronies and followers did that were very bad for the country and it’s future as well as the world’s e.g Iraq, Libya, Syria, Afghanistan and voting in the Tories time again won’t sort that out.

PFI was a nightmare for a start, one that will cost over £200 billion in the next 35 years. This will lead to hospitals and schools going broke if not already due to these huge debts they are with debts for the next 20+ years. Yes we may have build a lot of new schools and hospitals due to PFI, but the one thing we didn’t build was houses – why not?

Was that because we couldn’t find a way to allow the private sector to milk the taxpayer as they do with the others. Currently schools and hospitals have to pay contractors up to £100 or more to change a single light bulb if it breaks in a classroom instead of just calling out their handy man to do the job for them.

I remember being at school with a handy man who did all the odd jobs around the place and we all loved him more than the teachers.

He did everything that needed to be done and he cost a hell of a lot less than what schools are currently paying for fixing anything broken at the moment.

Just think of the waiting time for the private contractors to arrive for one, and then the inflated costs all to fill their pockets. What is the point apart from a one off payment from the private company to fill whatever gaping hole the treasury currently has and then face decades of debt?

Of course it doesn’t worry the MP’s who put it into action as they will be long gone by then. They are probably working for the same companies who are running the PFI schemes they helped push through parliament with their votes no doubt.

Also I don’t want to bail out the banks without jailing the directors as Iceland did. The people who led us into the 2008 crisis in the first place should be punished like any other criminal. I want some justice for all this mess and austerity everyone is facing.

Why are we giving banks money at 0% when we could be making National Bonds for investments in house building that will return a nice profit for investors, much needed jobs flooding in and most of all provide the housing people need?

These are all things Jeremy Corbyn wants to do. I can’t find a fault in it so please leave your comments to what is so stupid about these policies please.

From the Guardian

Jeremy Corbyn has pledged to “wipe the slate clean” after winning a convincing victory in Labour’s bitter leadership battle, securing 62% of the vote.

Speaking after the result was declared in Liverpool, Corbyn thanked his rival, Owen Smith, and urged the “Labour family” to unite after the summer-long contest.

“We have much more in common than that which divides us,” he said. “Let’s wipe that slate clean from today and get on with the work we’ve got to do as a party together.”

Corbyn secured 61.8% of the vote to Smith’s 38.2%. The victory strengthens his hold on a party that has expanded dramatically since the 2015 general election and now has more than 500,000 members. In last year’s contest, he won 59.5% of the vote.

Corbyn won a majority over Smith in every category – members (59%), registered supporters (70%) and trades union affiliates (60%).

 

View the original article at the main Dark Poltricks web site at Dark Politricks where you can get even more #altnews and daily politics away from the lamestream media

By Dark Poltircks

© 2016 By Dark Poltircks

Which way will you vote in the EU Referendum?

March 28, 2016

Which way will you vote in the EU Referendum?

www.darkolitricks.com.

As the debate rages around the UK on whether we should leave or stay in the EU. The question is are people really thinking for themselves or are they just believing all the crap that the daily rags tell them to?

We have owners of multiple papers who live offshore most of the year just to get out of paying their fair share of UK tax, telling us tax payers what to do. Is this really fair? It’s just the rich elite who are always going to go from strength to strength as long as no-one stands up to them enforcing their will on the people as they always do.

Will people who vote actually make a real decision or will they be swayed like the US electorate always is to vote for the person with the biggest smile, angriest most bullish comments and plans to “restore America to greatness” as if it had suddenly become a third world country without the biggest economy and military in the world?

So the BREXIT referendum all rests on whether people believe the “deal” Cameron brought back was worth the paper it was written on or not.

To me Cameron’s “Deal”, is just a tinkering around the edges that prevents migrants from claiming benefits for years, and allows Britain to cap the number of people entering the country. It really doesn’t make much of a difference at all.

We will still will be bound by the European Court of Human Rights, pay our monthly millions to be part of the EU, and whilst the Euro zone members make important financial decisions we will now be left out of them and probably still be asked to pay towards any bailouts such as those for Greece and Ireland etc.

I never got to vote to join the EC in the 70’s.

That was the Economic Community, a joining together of countries for free trade without tariffs between members and a supposed opening up of the many countries nationalised utilities and businesses.

It was not a vote on whether we should join a European Super State, with its own Defence Force, a 3 tier decision-making system where the most democratic body, the European Parliament, has the least power.

People complain about the number of EU migrants that enter Southern Europe and are then just waved through multiple  counties until they reach Germany or Calais hoping to get to England. However we must remember that about 1.8m Britons live in Europe, with Spain boasting an expat population of just over 1m UK citizens.

Of the Britons living in Europe, 400,000 are claiming a state pension from the UK.

The question is, if free movement is good for us, what will happen when it is shut down. We may be able to control the number of migrants from the EU entering the country but what will happen to the retired wrinkled leather tanned grannies of the Costa Del Sol?

leather tanned grannies
An ex Pat, enjoying the Sun and beach

Will these ex pats all have to go through some sort of immigration test as if they were trying to get green cards in the US?

I cannot even imagine many Brits passing any part of a test that expected them to know the hosts language and culture.

It could be that we manage to make arrangements that doesn’t affect Brits with jobs OR money from going out to live in the EU however I am guessing a lot of EU members are really pissed off with us at the moment for getting a “special membership deal”.

Whilst Germany and France wanted to keep us in the EU for the risk that it might fall apart, I can well imagine many newer members are thinking, why does the UK always try to get it’s own way?

From my perspective it would have been good if Cameron had reached a consensus with other members that would have reformed the EU properly.

You know basic things like make it truly democratic, removed any moves to keep pushing for a super state, restored it back to a trading block that was good for business without all the imported laws and of course stopped all the massive fraud which has prevented a real audit for many years now.

There are lots of things wrong with the EU and the constant push towards a superstate is one of them. One of the original ideas was to try and make a block of states that was an equal balance to the power of the US but instead we have just turned into the USA’s cross pond bitch.

So I believe Cameron’s almost Chamberlain like “Peace in our time”, excitement at having got his deal, is going to bite him in the butt just as Chamberlain found out when the NAZI’s ignored his magic bit of paper and rolled across Europe.

This is small fry being pumped with steroids to make it seem like a massive change in our relationship with the EU. In reality it is some small changes around the edges.

If ever someone had made a worthless deal and wanted to sell it to the public as if it was a magic exemption from all the EU’s meddling in our lives, like the EU Human Rights Law that protects us from this Police State country over reaching in its step, then this is it.

When I was younger I liked being able to hop on a plane and just go to Spain to live. I had no job but that didn’t matter, free movement of people and workers meant we could all go where we wanted when we wanted without border checks, citizenship tests and green cards.

For those who have never lived abroad and have only gone to Ibiza on your holiday or maybe a trip to Paris on Valentines day then you won’t really think about the difference between a holiday and actually being able to pick up your bags and literally run off to any part of Europe with no questions asked.

However whilst Spain has always been the old stereotyped destination for our UK retirees it seems over recent year the US, Australia and the rest of the world have overtaken Europe for the primary destination for those with one foot in the grave.

The top 10 destinations for Britons to retire to are now:

  • Channel Islands: 73,030
  • Germany: 96,938
  • France: 172,806
  • Ireland: 253,605
  • South Africa: 305,660
  • New Zealand: 313,850
  • Spain: 381,025
  • Canada: 674,371
  • United States of America: 758,919
  • Australia: 1,277,474

So maybe the modern “cultured” Brit is changing their retirement plans and thinking a bit more further than the Costa Del Crime nowadays.

Spain has always been our number one destination for holidays and retirees. A place where you can enjoy the 40° heat and drink British beer in pubs frequented by famous English gangsters on the run.

So many famous British gangsters have been out to the Costa Del Sol no wonder we call it the Costa Del Crime.

However it seems we are looking wider than Med for our retirement plans – that’s if we get any pension money. I doubt I will ever see any from the thousands I have put into the system over my working career. It seems the Tories want us to work until our 80’s and the age is constantly being pushed upwards.

There have been rumblings from Tory think tanks for years now from people already on hundreds of thousands of pounds a month pensions who believe we should do voluntary work in our retirement to collect our hard earned pension.

Leaving the EU won’t stop any evil Tory plans from coming to fruition and if we want a REAL CHANGE in our democracy and the way we act in the world we should be thinking about NATO. What would we do if Turkey start a war with Russia over Syria, we would be forced to fight on their side whether they started the war by deception or not. I am more worried about World War III happening due to duplicitous NATO allies at the moment than the amount of money we pay in and get back in rebates from the EU.

We should also be thinking about how the Tories have tripled our national debt in the years they were supposedly “fixing the roof whilst the sun was shining”, and supposedly cutting the ever so important deficit. The deficit may have dropped but the total amount of debt has increased hugely due to the Tories thinking that the poorer we all are, the more money we will spend.

They have failed us. In Europe, on the world stage and most importantly at home.

Austerity hasn’t worked at all and the national debt has ballooned because of the Tories core voters (the grey brigade), will vote against anyone who dares to cut their pensions.

These take up a vast proportion of the social security budget and will undoubtedly be ignored whist the disabled and poor are forced to suffer through the bedroom tax, universal credit, and the severe lack of social housing we have in this country.

Europe has no control over these areas of our lives and if we want to sort out our country we really need to get rid of the failed Tories and try their method of printing money, not at 0% interest rates so the Banksters can lend it to us through companies like WONGA at 5,853% APR, but to invest in infrastructure, building new homes and putting people through education. If we can do it for the banks why can’t we do it for the people?

Remember we were in a much worse off state in the years after WWII. We only just finished off paying our debt to the US a few years ago under Gordon Brown. Despite that we still created the NHS, cleared the slums of London and built thousands of new houses and multiple new towns for the people moved out of London. Plus we ushered in an age of economic prosperity that latest decades.

It is only short-sighted Tory thinking that keeps us in the current trap we are in. One where bankers must be bailed out even though they should be in jail, and the poor are paying off the national debt, despite having no money.

If only we would just wipe any national debt on citizens like Iceland did to many mortgage holders that were linked to inflation. It sounds crazy but would put money in the pockets of those most likely to spend it, plus create a huge demand for goods and a rise in GDP. Having a “National Bank” that can print money as long as it’s for investment in houses and jobs could give us full employment, cheaper rent and accommodation costs and more money in the pocket to spend to increase GDP.

At the moment our whole economy, just like it was during Labours time in office, is built on the house of cards made from debt. People remortgaging houses or taking out loans to spend on goods. An unsustainable recovery. Screw the bankers who say it cannot be done. We did it for you, why can’t we do it to actually help rebuild our country?

So the question is, are people going to think with their heads or their hearts about this exit from the EU.

A lot has changed with the European project to stop a further European war after WWII, with France and Germany the two main actors in this union coming together to ensure that the rest of Europe sticks together and shows “solidarity”.

From stopping a war to free trade agreements and a central bank. Then a EU flag, courts and parliament. Then laws enforced on us which we don’t want. All whilst we pay billions to be part of a club that’s money could be better spent on hospitals and schools. That is one argument for leaving.

The problem is that war fades in people’s minds, especially those who never fought in WWII or who had family who did.

“What does the EU have to do with WWII” many people will ask.

Now that the EU project is more about creating a super state, it spies on us and hands over all bank transactions to the US as well as traces of our Internet history and anything else the NSA overlords demand. However even if we leave the EU I guess due to our “special relationship”, with the US, we would still carry on letting our GCHQ be the NSA’s bitch, so nothing would change on the police state front.

Also whilst we may collaborate as a big trading block to face China, the BRICS and North American trading blocks, can the BREXIT crew really convince us that on an economic scale we would really be better outside this trading block.

Selling tea to India, ornaments to Russia and other small manufactured products across the world is the BREXIT plan. We don’t build big things anymore. Our ship building industry is almost gone and we have offshored so many jobs that actually make things, you know jobs good for all those skilled manual workers we are trying to find jobs for, that we are just a service economy. Selling ideas, concepts and of course bank trickery.

If we leave the EU will we survive without the cheap gas and electricity we import from the EU, or will we get extra tariffs put on them putting us even further into debt. The French/Chinese nuclear power stations that were supposed to be on their way have only just been signed off.

It will take another 20 years at least until we see these new power stations so we will be relying on our dwindling North Sea Oil stocks and imports seeing that we never really bothered investing in green energy. This is despite being an island surrounded by multiple ways of making energy from natural sources such as the sea, wind and sun. We have loads of places to put under sea turbines that use wave power and windmills off shore to take in their blustery winds. We really never tried as we suffered from a  “not in my back garden” mentality, whenever a wind farm was proposed to be build anyway near a house.

So will people even consider the financial terms of leaving or will they think what the Sun, Daily Mail and other trash papers tell them to think?

The EU is a debt ridden collection of states that turned the thumb screws on Greece, Italy and Spain all so that they could enforce austerity, increase taxes and pay back Goldman Sachs and that other evil trio, the European Bank, IMF and World Bank.

Do we want to live in a place that see’s solidarity between nations as one that involves throwing the poor to the dogs so that their rich Banksters who caused the mess can be fully compensated. Plus solidarity is not where Germany gets to bend the rules but smaller states can’t lest they risk German austerity plans as the cost of remaining in the Euro.

This financial crisis that has still not been solved since 2008 is just waiting for another explosion. When it comes it will make 2008 look like a picnic.

Will the UK, the hub of banksters from the terrorist supporting, Mexican drug dealing, al-Qaeda funding HSBC to the corrupt Barclay’s brothers, really be better inside or out when the next economic explosion occurs.

As the City of London is basically it’s own country within a country, where the leaders of the companies and banks get to sit on their special council and can “command” the Chancellor to appear before them, they will probably see no difference in their money making schemes whether we leave or stay.

To me it all depends on who is in charge.

The Tories seem to want to put the strain of any recovery on the backs of the working class whilst rewarding their rich friends. Their recent budget removed £30 from the disabled people of our country that gave them support to get dressed and move about and instead they have given the richest more tax breaks. It is clear where their priorities lie. Voting Tory is like voting for a gang rape on yourself. Why people do it I have no idea.

On the other hand Labour, SNP, the Greens and Lib Dems feel that a more even policy that involves banksters going to jail and splitting up the banks between Casinos and Savings is called for. On top of that more measures that don’t punish the poor but instead help them climb up the ladder whilst the rich who have become more wealthy in the last 5+ years are made to contribute their fair share.

Whether they will actually stick to their words is a totally different matter. We just have to look at the Lib Dems when they got their taste of power to see how power corrupts and good promises become faded memories.

So what will make you vote yes or no when the time comes?

EU Democracy or the lack of it?

The prospect of war?

Finance and austerity?

Migration?

Not being held to account to the European Convention of Human Rights (an act the Tories wrote after WWII to show how civilised we are)

Or something else?

Let me know.

View the original article at www.darkolitricks.com.

By Dark Politricks

 

 

© 2016 By Dark Politricks

Why Do The Icelandic People Hate Gordon Brown So Much?

November 9, 2013

Why Do The Icelandic People Hate Gordon Brown So Much?

By Dark Politricks

If you follow me on twitter at @darkpolitricks you will know I have just had a few days in Iceland. It was on my bucket list of things to do before I die and I had some cash so why not. I just wish I brought a video camera or better camera as the amount of rants I heard from taxi drivers about Gordon Browns actions during the Icelandic banking collapse could have filled 60+ minutes.

Gordon BrownI had to get taxis as standing around in minus 10C waiting for a bus that will most likely drive past you isn’t much fun. However I am glad I did. Not only was every single taxi driver able to speak perfect English but they are on the ball when it comes to politics, international relations and how the world really works.

Every single person I talked to was sick to the teeth of Gordon Browns action to use anti-terrorism laws to freeze Icelandic money in British banks. Not only did this help worsen the economic crisis in Iceland but it made the Icelandic people think they had been betrayed by a friend and ally.

If you don’t know, Iceland kept the Brits alive during World War II by sending over fish for us to eat whilst all our trans Atlantic ships were being destroyed by German U-Boats. A little known fact is that per capita, Iceland lost the most people in the war, more than Russia, more than the Jews and more than the USA and UK combined. They only have a population of 320,000 (now), so a lot less back then, so you can see how many a few thousand people’s deaths would compare to the total population.

Iceland suffered their economic crisis between October 2008 and the 31 August 2011, which was the day where the international bailout support programme led by the IMF officially ended.

The economic crisis revolved around a few Icelandic banks which were offering stupidly high rates of interest which attracted many foreign investors including many UK local authorities. Our dear leader of the time, Gordon Brown, had told them to invest their money in the highest paying interest accounts they could find. The Icelandic banks were offering high rates and were thus used by many.

The problem was that these rates of interest were totally unrealistic and there was no security for screw ups. In the UK we get up to £85,000 protected if the bank goes bust. So the Government bails small account holders out up to that sum. However Iceland failed to do this for foreign investors and it sent Brown and co fuming.

Every taxi driver I spoke to said that anyone with half a brain cell could see these banks high interest schemes would fail in the end and they eventually did. However Gordon Brown was having none of it. The UK along with the Dutch, demanded that Iceland pay back all the monies owed with interest or they would be thrown out the IMF.

Gordon Brown froze any Icelandic money in UK banks and used anti-terrorism laws to do so. This prompted the Iceland’s prime minister Geir Haarde to call it “a completely unfriendly act” and was disgusted that a supposedly friendly nation was calling their country terrorists.

More than 25% of the Icelandic population (over 80,000 people) signed an online petition called “Icelanders are not terrorists”. The UK responded by cancelling its scheduled patrol of the Icelandic airspace in December 2008.

As Iceland has no standing army of its own it relies on other NATO nations to take turns in protecting it. The UK pulled out of this agreement leaving Iceland vulnerable to attack.

Iceland basically stuck two fingers up at these threats, kicked their whole government out when they seemed to bend over to the demands and took matters into their own hands by voting in a coalition government led by the Social Democratic Alliance and the Left-Green Movement.

They even won a court case in the court of the European Free trade Area, when the UK and Holland took Iceland to court over the failure to payback depositors in the failed banks. The court ruled on the 29th January 2013 in favour of the Icelandic banks and saved the country from having to pay back billions to foreign savers.

The EFTA court dismissed an application by the EFTA surveillance authority, which claimed that Iceland had failed to comply with an obligation to ensure compensation of a minimum €20,000 to Icesave depositors in the UK and Netherlands. Over €6.7 billion was owed to UK and Dutch investors and whilst the UK paid back the investors out of their own tax payers money, they then demanded that Iceland was to pay back the money to them.

However logic and reason won the day and when Iceland’s President’s Olafur Grimsson refused to sign an amended law on repayment he forced a national referendum on the issue and 94% of Icelanders rejected the move to payback the cash.

The judges have sided with Iceland in the matter and it was plainly obvious that the rates of interest were unsustainable and a payback to foreign depositors was unfeasible. The Iceland banks are actually paying back some of the money by selling off assets so that people won’t lose out – it is just the unrealistic rates of interest that won’t be given back to savers.

At the time the crisis resulted in massive migration from Iceland yet Iceland’s economy stabilized under the government of Jóhanna Sigurðardóttir, and GDP actually grew by 1.6% in 2012. However many Icelanders remained unhappy with the state of the economy and government austerity policies. In 2013 they voted back in the same people who were in power during the crisis, the centre-right Independence Party but in coalition with the Progressive Party.

Relative to the size of its economy, Iceland’s systemic banking collapse was the largest suffered by any country in history. The amount of money owed by the 3 Icelandic banks taken into national ownership was equal to more than 11 times Icelandic GDP.

They also threw a load of banksters into prison – can you see a trend here? These people included:

  • Baldur Guðlaugsson, Permanent Secretary of the Ministry of Finance, who was sentenced to two years probation by the District Court of Reykjavík for insider trading.
  • Aron Karlsson was sentenced to 2 years in prison by the District Court of Reykjavík for defrauding Arion Bank in real estate dealings.
  • Lárus Welding, CEO of Glitnir, and Guðmundur Hjaltason, Managing Director of Corporate Banking of Glitnir, were sentenced to 9 months in prison by the District Court of Reykjavík for a major breach of trust.
  • Friðfinnur Ragnar Sigurðsson, Glitnir employee, was sentenced to 1 year in prison by the District Court of Reykjanes for insider trading.
  • Styrmi Þór Bragason, President of MP Bank, was sentenced to 1 year in prison by the Supreme Court for breach of trust.

The other thing to note is that whilst Ireland and Greece are now suffering like hell due to their Governments subservience to the banksters and their German EU masters Iceland is recovering well.

Instead of loading future generations up to the eyeballs with huge debt, and suffering serve austerity like many European countries Iceland is well on the way to recovery.

They have had one of the fastest economic recoveries on record. They stuck to their guns and told the banksters to fuck off. This is a lesson others should follow.

GDP of Nordic countries
GDP of Nordic countries including Iceland from 2000 to 2007

Not only do the Icelandic people do things their way, but they are the leaders in the world for press freedom and Internet freedom.

Everywhere I went, whether it was the airport, the bus from the airport, the hotel, pubs, clubs or restaurants, all had free WI-FI. No logons just Internet access wherever I went, it was great.

No wonder many companies who don’t want hassle from the NSA/GCHQ nexus of spy bitches base their servers there. It’s just a shame we are sucking data straight from cables and main routers and until other countries build their own Internet infrastructure the axis of spying will continue to do so.

It is also not coincidence that the owner of Lavabit, who closed his business rather than succumb to threats to spy on his customers, was told by his lawyers that Iceland was one place he could move to and setup his business to escape NSA spying and Security Letters.

You can watch his interview on RT.com below.

The fact that anti-terrorism laws were used and abused by Gordon Brown shows that their true intention was nothing to do with terror but more to do with control over people.

The same laws were used to attack an 82 year man who dared protest the Iraq war during a Labour conference. Walter Wolfgang was dragged out of the conference for daring to heckle Jack Straw and detained under the terrorism act in 2005. They were also repeatedly used by the previous Labour government to detain and question tourists and other photographers “daring” to take photos of London landmarks.

Gordon Brown was only following in the foot steps of Tony Blair, the war mongerer who took us into 4 wars, destroyed many civil liberties and did more to destroy the picture of Labour as the “peoples party” than any other Prime Minister in recent years.

However whilst the UK is languishing in debt, the Greeks are begging on the streets and the Irish are cutting back services and trying to find ways to pay back their own banking debts the Icelandic people are doing just fine.

If you don’t mind the cold, enjoy beautiful women and scenery then Iceland is one place to definitely consider going. Not only is everyone friendly but they all speak English and everyone I met was a good laugh. The fact that booze is so expensive yet the Icelandic people knock it back in gallons from 10pm to 6 am most nights must indicate that people are being paid enough to have a good time.

So whilst I had to apologise for my Governments behaviour constantly, I also let the Icelandic people know we also hated the Labour Government just as much as they do.

The fact that we are still suffering under many of Labours big brother laws, and that the farcical Protection of Freedoms Bill which promised so much when a Lib Dem idea yet turned into a “freedom from wheelclamping” bill just goes to show that none of our current political parties can be trusted when it comes to protecting our civil liberties and hard-won rights.

So just remember the next time the Daily Mail or Sun attacks the EU Human Rights Act or our PM threatens to pull out of it. We invented the thing in the first place after the 2nd world war. On top of that these rights protect you and me as well as the tiny minority of Jihadists the papers like to trot out as examples of the bill’s failure. Don’t throw the baby out with the bathwater is the appropriate saying!

We don’t have a written Bill of Rights like the American’s (not that it seems to be doing much to help them anymore) so we must take what we can.

Until we get our own Bill of Rights and proper protection of free speech, without journalists boyfriends being detained at airports for revealing the massive spying our Government does on us, we should be happy for anyone who sticks up for our liberty.

The Icelandic people saw us as friends. When Gordon Brown froze their money it made it hard for them to import goods and prices shot up in their country. His act did more to harm them than the banking crisis in the first place.

The fact that a court sided with them just shows that he was in the wrong and they were right to ignore his demands.

Well done Iceland.

View the original article Why Icelandic people hate Gordon Brown at darkpolitricks.com.

Who should become President of the United States?

November 3, 2012

Who should become President of the United States?

By Dark Politricks

This is a follow on from my seemingly popular article called “does anyone really thinks that voting for Mitt Romney will bring real change to the USA.

As I state quite clearly at the beginning of that article, if you dislike or even hate the current US President, Barack Obama, then I agree with your sentiment.

However is hating someone and their policies enough of a good reason to vote in someone who is potentially worse for your economy, liberty, safety and ultimately your country?

Is voting for Mitt Romney, actually voting for the lesser of two evils and if it is then is voting for any kind of evil morally acceptable

As a Brit I often get asked to “stay out” of “our” American politics. Or to keep my nose out of American Presidential elections.

However it is pretty clear, at least to me over my adult life, that the US President is not only the leader of the USA but the figurehead of the most powerful super power in the world whose decisions and actions effect the lives of people all across the globe.

Whether the leader of the USA should have this much power over the rest of us is a very pertinent question yet one that is hardly, if ever, mentioned in the US mainstream media let alone the US Presidential debates.

However it is a question that the rest of the world knows the importance of, and people all the way from Pakistan to Australia, China to Germany and Brazil to the UK realise that whoever sits in that chair behind the oval desk can have a dramatic effect over the lives of people across the globes life.

For example if you live in Pakistan the leader of the USA could decide whether your family members are counted as “collateral damage” in a drone strike. If you are Japanese it’s whether a US Army soldier will rape your daughter and get away with it due to the “special contract” America makes any country hosting their soldiers and bases sign.

If your Australian it’s whether or new US Navy base will be created to help ring fence China and bring your country into any future war with the next emerging super power.

If your Russian it’s whether or not your country is gong to be designated as the top enemy of the USA as Romney stated and whether or not you will be ring fenced in by new NATO members and a missile “defense” system that could be used to attack your nation.

For us Brits it’s down to the level of humiliation we will have to suffer by watching our politicians make sniveling arse licking speeches to your congress as Gordon Brown and Tony Blair recently did. It is also how far up your arse we will hang as a nation and how many of our young soldiers will die fighting the next war we feel duty bound to join you in.

If it’s China it’s the level of hostility you can expect to face from the next President. Will they see you as a nation that is propping up your failing economy by constantly buying your worthless Treasury bonds or will you be labelled a currency manipulator and then watch as the fading US star tries to fight it’s way out of decline by picking a fight with you over Taiwan or Japan.

If it’s Iran it’s whether or not you are going to be attacked within 6 months or a year. Whether diplomacy will be given any form of a chance or whether the next President will bend straight over to the next Israeli PM and go to war for that country yet again in the Middle East. Sending US troops to die in foreign lands to fight in deserts that they have no right being in, for a war that is both hypocritical and pointless on many grounds.

You see we non Americans DO have a voice and DO have thoughts about the way the most powerful country in the world should behave in the next 4 years.

Should it follow the neo-con policy of never-ending war, torture, and going it alone against world opinion. Or will they retreat back inside their own borders, become isolationist and chose to sort out their own economy and decimation of their civil rights before deciding to spread “human rights” and “democracy” across the world again.

Policies that many of us see as hypocritical due to their own behaviour and breeches of Human Rights that have become so famous aka Gitmo, Abu Ghrai, Dick Cheney’s personal assassination squad and now Obama’s king like behaviour to chose who lives and dies whether they are American or not.

Unlike the “I agree with Mitt, I agree with the President” farce of the last Presidential debate which was supposedly about foreign policy there are in fact third party candidates from parties such as the Libertarian Party or the Green Party who DO debate such questions that we mere foreigners ask. Questions such as:

  • Should America be the worlds policeman? Especially during a time of “austerity” in which the US economy is running purely on money conjured out of thin air.
  • Should this sham of a financial system in which the FED and the Treasury allow banksters like Goldman Sachs and JP Morgan to take advantage of to make themselves rich even exist at all?
  • Why do Americans feel the need to dance to Israel‘s tune and start and then fight wars that are not in the USA’s best interest?
  • Why is the American political system so corrupt that the Supreme Court can give corporations all the same rights as people apart from the right to be imprisoned or executed for their high crimes and treason.
  • Is it fair that overseas countries and corporations can now pump obscene amounts of money into the Presidential election through Super PAC’s and the aforementioned Citizens United decision and affect the outcome of an election to their benefit. All whilst home grown political parties such as the Greens or the Libertarians get hard;y any air time to make their point on mainstream media and are excluded from the televised Presidential debates which are designed to keep the two headed snake duopoly of a corrupt and owned political system in it’s current broken and corrupt form.

Israel obviously knows the importance of being able to control or “lobby” the US President to get what they want and now with Citizens United China, Iran, Mexico and Russia can as well.

The only problem is that it doesn’t really matter who they dump tons of money behind as the same old neo-con, pro-war, pro-Israel. amti-Muslim, anti-civil liberty policies will continue unabated whichever of the two parties leaders get voted in.

Both President Obama and Mitt Romney support:

  1. Wars of aggression.
  2. Bypassing Congress and the War Act to carry out wars that seemingly help their enemies gain control of important regions of the world i.e Libya and Syria.
  3. Their support of rebel armies fighting existing regimes that the USA dislikes such as Syria, which maybe authoritarian in nature but are not full of al-Qaeda members and fundamentalist Jihadists who commit massacres en masse, film them and then upload them to YouTube.
  4. Supporting drone strikes that kill 50 civilians, women and children for every “Terrorist” killed.
  5. Both support the curbing of civil liberties at home, the NDAA, the PATRIOT ACT and other authoritarian pieces of legislation that have curtailed American citizens liberties at home.
  6. Both candidates claim to support the constitution whilst doing everything they can to bypass it – for the good of the American citizen of course.
  7. Both are big government in their own way.
  8. Both are just figureheads for their real puppet masters and bend over to powerful lobbyists.
  9. Both are pro-Israel and seemingly allow that country to literally get away with murder – including the murder of American citizens like Furkan Dogan.
  10. And the list goes on as my article shows > “Does anyone really thinks that voting for Mitt Romney will bring real change to the USA?

Whilst the USA population is probably blissfully unaware of the other candidates in the race we in the alternative media have been pushing for an expansion of the closed debate the current two possible POTUS’s are having.

Another third party candidate debate between the Green Parties Jill Stein and Libertarian parties Gary Johnson is happening this week. Make sure to watch it if you can.

You can watch the full debate here between the four main third party presidential candidates, Jill Stein, Rocky Anderson, Virgil Goode and Gary Johnson on my main site as well as an interview with each candidate before the debate with RT.com’s Thom Hartmann.

www.darkpolitricks.com/2012/10/the-other-presidential-debate-in-full-third-party-candidates-debate-real-issues/

Also please take your time and let me know who you plan to vote for in the election or if you live outside America who you think should become President.

The real Presidential Debate – In Full – Third Party Presidential Candidates Debate Real Issues

October 24, 2012

The real Presidential Debate – In Full – Third Party Presidential Candidates Debate Real Issues

By Dark Politricks

This is the full third party Presidential debate which was shown last night on Russia Today last night. Isn’t it funny how it takes a Russian TV station to provide some kind of balance to the establishment stranglehold on American politics?

As Mitt Romney and President Obama both competed for the prize of Israels best friend in their last debate. Last night the third party Presidential candidates discussed real issues and many that haven’t even been touched in the previous Presidential debates.

The candidates debating were Presidential candidates Jill Stein of the Green Party, Rocky Anderson of the Justice Party, Virgil Goode of the Constitution Party and Gary Johnson of the Libertarian Party.

Topics such as:

  • The corrupting influence of money in American politics.
  • The two party system being a stranglehold on the US democracy.
  • Student Debts.
  • Home foreclosure.
  • Zero rate interest loans to fatcats in Wall Street.
  • How both George W. Bush and President Obama have shredded the constitution through acts like the NDAA and PATRIOT Act.
  • The war on drugs being a total waste of money.
  • The hypocrisy of America attacking foreign countries for crimes they themselves commit.
  • Foreign wars based on a “pack of lies”.
  • Term limits on politicians to prevent “jobs for life”.
  • The little difference between the two establishment candidates
  • How the GOP and Democrats claim to support balanced budgets whilst Obama’s budget is $1 trillion in deficit and vice-presidential candidate Paul Ryan would create a $800-billion deficit.
  • How Super PACS have ruined democracy in the USA.
  • Cuts to Planned Parenthood.
  • Proposed 43% cuts to the Department of Defense.
  • Stopping the USA from being the worlds policeman.
  • Cuts to Pell Grants.
  • A moratorium on green cards for immigrants until unemployment dropped below five percent for American citizens.
  • The rising police state in America.
  • Abolishing income taxes on individuals and corporations.
  • The impending “monetary collapse” where US dollars would be worthless thanks to the country’s debts.
  • The use of the military to attack countries rather than it’s proper use which is to defend the country and not invade others.
  • How the biggest threat to our national security is that we’re bankrupt.
  • How immigration is a good thing for the USA.
  • Protecting marriage equality under the Constitution.
  • A Green New Deal that would bring renewable energy jobs to the USA and push it towards energy independence.
  • How the wealthy are wealthier than ever.
  • How the rest of America are forced to accept the austerity program that allows Washington to spend trillions on wars abroad and bail out Wall Street when it makes bad bets.
  • Making public higher education free for everyone.
  • How marijuana is dangerous on account of being illegal, not illegal on account of being dangerous.
  • Repealing laws that allow assassinations, wiretapping, as well as the the PATRIOT Act and NDAA.
  • Pushing for a constitutional amendment clarifying that money does not equate to speech and that corporations are not people.

Watch the Debate

You can watch the full debate here between the four third party presidential candidates, Jill Stein, Rocky Anderson, Virgil Goode and Gary Johnson on my main site as well as an interview with each candidate before the debate with RT.com’s Thom Hartmann.

www.darkpolitricks.com/2012/10/the-other-presidential-debate-in-full-third-party-candidates-debate-real-issues/

Remember people – there is another choice to the two party duopoly running America at the moment.

If you like what you hear from any of these candidates then make that change from the usual choice of Pepsi or Coke it might just help save your country!

Simon Jenkins believes we should be giving the printed money to the people NOT the Banksters!

July 28, 2012

By Dark Politricks

I saw an interesting interview with Simon Jenkins on This Week last week in which he described how at the moment we are stuck in a liquidity trap and the only solution we have is to print more money in the hope it sorts out the dying victim e.g the UK.

As he said:

“the government would be better off giving the billions of pounds it plans to pump into the UK economy to the public in the form of a Christmas bonus.”

“The columnist damned the government plan to get out of recession, claiming “it’s fraud, it’s a scam, it’s a lie”.

However as the Bank of England enters phases of printing money – or quantitative easing as they call it, Simon Jenkins believes that they are giving the money to the wrong people i.e the banks.

He believes that instead of increasing the deficit by the Bank of England buying bonds from the banks and paying interest and all the other funny business our economy actually behaves like we should instead be giving the money direct to the people to stimulate demand in the dead economy before we suffer a lost 20 years like Japan.

Keynesian, yes, but he believes that although printing money could eventually drive up inflation – which we are doing already by printing money to give to the banks.

We should instead be printing it and giving it directly to the citizens and tax payers of the UK.

The same people who are now paying for the mistakes of the bankers. He believes that by doing so it wouldn’t be adding to the national debt or increasing the deficit as it wasn’t money being borrowed but printed.

By doing this demand in the economy will be created as the people will use the money to buy goods and services which in turn would help businesses who will start to invest and grow for the future.

Whether you like the idea of not what we have at the moment is a case of the government taking tax payers money as well as printing and borrowing it to hand it over to the same banks who caused the financial collapse of 2008 in the hope that they will in turn use it to help businesses.

In fact what these banks are doing are using the money to shore up their empty vaults to meet Basel Capital requirements that they must hold a certain percentage of money in their bank.

The fact that nearly all these banks have no money and it’s just one big stack of cards waiting to fall down as soon as a country defaults and can’t pay back Bank A, who in turn cannot pay back Bank B who in turn asks the government for another bail out is irrelevant.

Anyone who knows how money is created knows that it is created through debt and new money is created every-time someone takes a loan out. That money is then multiplied and leveraged beyond belief even though it doesn’t physically exist apart from digits in a computer database.

If there was no debt there would be no money – simple.

It’s all one big ponzi scheme anyhow as we all know by now which is run by banksters who launder money for Mexican drug cartels, wide boys who fix Libor interest rates, and interchangeable politicians / bankers who move from one job to the other and then back again.

All as if there was nothing wrong with a politician developing banking policy that helps push millions of Brits over the financial cliff and then go off and work in one of the banks they created policy for once they are finally voted out of office.

Simon believes the politicians and those that demand we must be austere wince at the idea of giving money directly to people as it seems somehow vulgar. As if giving billions of our tax pounds direct to the same people who caused the mess so that they can carry on giving themselves huge wages and bonuses isn’t somehow!

So if we are already using a Keynesian economic policy that is being masked as an Austrian one through the use of the words austerity, the cutting of  public services, and all the other spending cuts that the millionaire front bench don’t rely on then why don’t we try to stimulate demand by giving the money to the people rather than the failed banks and businesses?

We could even tailor this arrangement so that it doesn’t seem so “vulgar” by declaring that the money is a once off (or yearly) dividend to all tax payers who helped bail out the banks. Banks we basically own anyway.

The money could be in the form of a special coupon or voucher that was only redeemable in this country (to stop people putting it in offshore bank accounts or saving it in UK bank accounts).

The voucher would be accepted in any UK based shop or business as legal tender and that company would then be able to redeem it for cash if they so wished from the Treasury by taking it to a bank or a special government office.

To stop people just turning up at banks and transferring the coupons to cash there would be a stipulation that only businesses could redeem the vouchers and only as long as they had a receipt showing the goods or services purchased with said voucher. Other ways could be created to prevent fraudulent black markets transference we Brits are so good at.

Also we could have a “double the value” scheme in which if  the holder of the coupon bought goods made in the UK (not in China with a made in UK sticker on it!) then they would get the item, good or service at a discount. This would help stimulate the UK manufacturing industry.

Obviously this would only apply to tax payers and not people on the dole or those who have no intention of ever working.

Different sizes of voucher would be created just like paper money so that change could be given in other vouchers and there would be a “use by” date of one year to ensure it was spent within a certain time frame. It would basically exist like a dual currency alongside the existing fiat one we call the pound.

You might not like the idea or the theory for many reasons including it’s Keynesian nature but we are already in a double dip recession with no hope of growth on the horizon and a growing national debt due to all the dole money having to be paid out to the public service workers the Tory/Lib Dem coalition have sacked.

If they somehow expected the private sector just to zoom in and suck up all these workers they were poorly mistaken.

Our chancellor George Osborne has failed in what he set out to dogrow the economy and cut the debt so we need some kind of plan.

Giving money to the banks has failed so why not give it to those of us who have basically saved the country anyway?

If 20 million or so people all spending a few billion pounds in the UK economy this year doesn’t help it grow at all then we are truly screwed.

It’s only an idea but one which few people seem willing to consider for some reason.

What if the ultra rich liked paying taxes rather than abusing their power

July 12, 2012

By Dark Politricks

I have just watched last nights episode of Tom Hartmans “The Big Picture” on Russia Today (watch live online here)

Tom is obviously a Democrat and a liberal but in his last segment something he said I found quite interesting.

Basically the leading founding father Thomas Jefferson  knew the dangers of corporations and unlimited greed and said so in a great speech – abbreviated here:

“I hope we shall crush… in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country.”

Thomas Jefferson obviously was aware of the dangers of unlimited corporation power, money and influence and it would be good if some of the Tea Party members who are so fond of the founding fathers actually read more of what they actually said about standing armies, corporations, a Federal bank and undue political influence by lobbyists.

Tom Hartman then followed that up with other Presidential quotes throughout the ages all of which said that there was little need for people to earn so much money that it couldn’t be spent in their lifetime.

Not only does it prevent a true meritocracy from occurring – as huge amounts of wealth are passed down the family line like an aristocracy – the thing the founding fathers fought against in the American Revolution. But it leaves people with so much money that could be used for the good of the nation as a whole except many of these super rich people would rather pay no tax at all than do some good for their country. It also showed that high tax rates have no correspondence with job creation, productivity or industrial or technical innovation.

As you can see Tom’s main point was that the top rate of tax has dropped from a whopping 94% in the mid 1940’s, to 70% during the 1970’s and then its current position of 35% and this has no correspondence with the high times of American society.

It does however correspond with huge wealth inequality between the rich and poor. With the richest few percent getting richer and the middle classes basically staying the same. Tickle down economics doesn’t seem to work too well it seems.


Historical US Tax Rates

During the 1950s and early 1960s, the top bracket income tax rate was over 90% and the economy, middle-class, and stock market boomed.

The 1950’s were a golden time in American society where there were plenty of jobs, houses, affordable education and guess what – the richest few percent (those job creators) didn’t up sticks and leave America to another country with lower tax rates. They stayed and paid their taxes.

He also talked about a study that showed that once a person is earning enough money to cover all their basic needs e.g housing, food, travel, clothing etc then earning more money does NOT make them happier.

This reminds me of learning about Maslows hierarchy of needs at college.

Maslow's hierarchy of needs

Once you have all your basics covered, maybe married or in a relationship and doing a job you like or maybe other activities that fulfill your life then your pyramid of needs are satisfied.

The question then becomes what happens to all those people who have so much money that there is nothing left on earth to do with it.

I am talking about people who earn billions of dollars, fly around in private jets, own multiple huge boats and have garages full of the latest Ferrari’s and Porches.

They may play golf all day or do other hobbies but I reckon there is another need that is missing from the pyramid that only comes when all the others are fulfilled and the person has  enough money to achieve or attempt to achieve it plus a certain character trait that is the opposite of altruism – a hunger for power.

Some people are born alpha dogs, others aren’t.

Some people in the old days where physical power was all that mattered would have been battered to the floor and trod over like a carpet (people like Bill Gates or the Koch Brothers for instance).

Today things are different and money (lots of it) equals power or the ability to achieve it through various means. This might mean running a huge global corporation or the attempted ownership of countries and even blocks of them (i.e. the EU).

This is what many people believe the Citizens United Ruling has allowed to occur with the super rich trying to “buy” the Presidency through their use of Super Pacs, and huge financial donations.

Whereas Obama is having to rely on lots of small donations and seems to have lost out on those big money givers he had last time around Mitt Romney only needs to attend a couple of functions with the Koch Brothers and he walks away with a few hundred million dollar bills in his pocket.

These ultra rich are not “wealth generators” or “altruistic job creators” for if they were they would say to themselves:

“Well I have more money than I can ever spend in my lifetime. Or leave to my children who will just end up spoilt entitled brats who probably won’t do a day’s work in their lives. With all this money I will do something good for my country and leave a lasting legacy like the Victorian philanthropists and I don’t mind taking a hit on my immense fortune by opening factories and other businesses in the USA and pay the taxes and benefits that come with creating jobs in my country.”

“Yes it might cost more than off-shoring all my labour and manufacturing to China or India but as I have more money than I could possibly spend it makes no difference to me if I have to pay slightly more in wages or health benefits if it means that it brings jobs back to desolate American towns like Detroit or New Orleans.”

No instead of thinking like this they chose to play king maker and attempt to buy the Presidency with Super Pacs and huge donations to their desired candidate (or the one they are stuck with e.g Mitt Romney)

People with huge amounts of wealth could do immense amounts of good to the people of the earth and I am sure lots of them exist but when the ultimate pyramid slice at the top of Maslows Hierarchy becomes “ultimate power” you end up with Koch Brothers buying Presidencies, Bilderberg, Bohemian Grove and huge experimental projects that are doomed to failure like the Euro.

You also end up with Banksters who have so much money that the only joy they get out of life is making billion dollar gambles with pension funds on the stock market, derivative overloads and the fixing of Libor interest rates. All of which have unintended consequences that affect whole countries and even the world as we are currently experiencing.

You are either this kind of person or you may have an altruistic personality, probably non alpha males, who chose to spend their money on charitable organisations. Building schools and hospitals in under privileged areas and all the sort of things that leave a lasting legacy once they are gone from this earth apart from a mention in a Wikipedia article as one of the banksters who was complicit in the great financial meltdown of 2008.

This leads me to another interesting point in which an ex female banker appeared on the “This Week” programme last Thursday in which she said that due to the “alpha male” culture of bankers in the City of London there was more risk taking and therefore potential for disaster.

If women ran banks and trading floors she reckoned the financial crisis probably would never have happened in the first place.

An interesting thought…

Why doesn’t David Cameron stop attacking comedians and close down the tax loopholes they use?

June 24, 2012

By Dark Politricks

This week David Cameron ripped shreds out of one of the UK’s premier comedians, Jimmy Carr.

He did so for his use of a tax avoidance scheme in which in a convoluted and obviously offshore manner, Jimmy Carr’s wages were given back to him as a “loan” that supposedly could be called in for repayment at anytime and therefore he ended up paying 1% tax on his multi million pound salary.

Now I don’t like tax avoidance schemes but they are currently legal and Jimmy took it on the chin when he appeared on 8 out of 10 cats and he admitted being in the wrong, took the heckling on the chin, closed the scheme down instantly and apologised like a man.

If only some of our politicians could act so swiftly and graciously when caught with their trousers down or in an expenses scandal.

I like Jimmy Carr, I have seen him live at the Hammersmith Apollo as well as owning some of his DVD’s. This means that my money spent on tickets and films has gone through this offshore scheme without tax being paid to the UK exchequer. It is wrong.

However what is even worse is the fact that David Cameron could close these tax avoidance schemes down in a minute if he really wanted to and the only reason he doesn’t it that it would affect many of his rich Tory donors and fund raisers.

For a millionaire PM, sitting on a millionaires front bench, many of which who are linked to companies who engage in legal tax avoidance schemes is a bit rich.

When companies like Vodafone can get away without paying any UK tax at all and the reduction in corporation tax has seen a huge transfer of wealth as those with means choose to take their wages in other means that are taxed far less than income tax.

We still haven’t dug ourselves out the hole that we were left in by Labour and the global downfall started in the US, spread to Europe and now hitting average earners in the pocket right now.

I have lost count recently of the number of petrol stations that have been shut for no apparent reason (just saw a big one a minute ago) and cash machines that don’t have money in them (saw two this weekend) and for some reason I feel like something bad is just around the corner – maybe an unscheduled bank holiday?

Whilst tax avoidance schemes are currently legal they don’t have to be and in these times of austerity we should be doing all of the following:

  • Simplifying the tax code so lawyers have less room for manoeuvre in bypassing loopholes.
  • Making sure any large company who wants to sell their good in one of the largest markets in the world has to set up a UK company in which all goods sold are taxed and given to the UK exchequer.
  • Closing loopholes with a general law that states that any scheme designed to minimise the amount of tax paid by a company over a certain percentage is deemed as illegal tax evasion.

There is no difference in my mind between benefit cheats and tax avoiding millionaire Tory funders and big corporations. It’s just that our mainly right wing UK press like to target the poor for some reason.

Jimmy took it on the chin and I will continue to find him funny but what I don’t find funny is the hypocritical nature of people who attack greedy tax avoiders and then engage in the same acts themselves.