Posts Tagged ‘Finance & Economics’

Turkish fighter planes force down Syrian flight bringing the nations closer to war

October 11, 2012

Turkish fighter planes force down Syrian flight bringing the nations closer to war

By Dark Politricks

If you haven’t heard, and you probably haven’t if you are hooked into the mainstream media, tonight a Syrian plane taken Russian passengers to Damascus was intercepted by Turkish F16 planes and diverted to Ankara, Turkey.

Reports from passengers and aircrew have rang up the Russia Today news channel and claimed that they have been beaten by masked men, forced to sign papers they don’t understand and had their luggage checked.

However the BBC News report I have found makes no mention of this and as expected takes the western talking point of a legitimate “stop n search” tactic which may have prevented arms getting to the Assad regime.

Turkey is reportedly trying to stop weapons getting into Syria and the Turkish foreign minister has claimed that the passengers will be allowed to continue but luggage found on the plane will not.

However from non axis of war aligned country reports Turkey has been allowing weapons to flow to the Free Syrian Army for a long time so they are only trying to stop weapons getting to the Assad regime and not in general to lower tensions in general between both sides of the conflict.

“..because of the clear evidence that we received, we negotiated with our prime minister and decided to let the plane fly on to Syria with the passengers, but we are going to hold on to the material because of the ongoing investigation and the next steps.”

“Our investigation is continuing. Since there might be materials that were supposed to be declared but have not been, we are holding this material in our hands to continue to inspect.”

From an article on Russia Today which is telling the story at the moment.

Earlier, Davutoglu said that Ankara had received intelligence that the Syrian plane was carrying “certain equipment in breach of civil aviation rules,” but refused to comment on the presumed content.

The Turkish authorities were interested in some spare parts, which a businessman bought in Russia and was transporting to Syria, passenger Fatima Al-Saman told RT. She said they were clearly not weapons.

“They started unloading some packages. They opened them, took pictures. There were many people. We all saw what was in there. There were no weapons. You could see it with an unaided eye!” she said.

It seems that after last weeks possible false flag attack in which NATO weapons were fired from within Syria back into Turkey killing a number of Turkish citizens, it seems that the western axis of war UK/USA/France is prepared to go down the “one attack on a NATO country is an attack on all” route to get their war.

They are doing this as they have been blocked in the UN at every turn by Russia and China who want to see mediation between both sides in the conflict, and not be tricked into signing up to another UN declaration that could lead to another NATO led war like the one in Libya.

As the RT.com news channel reported.

The mortar used to attack the Turkish town of Akcakale is a design specific to NATO and was given to Syrian rebels by Ankara, according to Turkey’s Yurt newspaper. The mortar killed one adult and four children from the same family on Wednesday.

An article by the paper’s Editor-in-Chief, Merdan Yanardag, states that the newspaper received information from a reliable source, which claimed that Turkey itself sent the mortars to rebels in the so-called “Syrian Free Army.”

Turkey is a longtime member of the North Atlantic Treaty Organization and they’re going to act in conjunction with other NATO powers, so it’s unsurprising that this has happened,” editor of the Pan-African news wire, Abayomi Azikiwe, told RT.

If the UN route has been blocked due to Russian and Chinese vetoes in the same way the USA vetoes all votes on Israeli misconduct, assassinations, attacks on civilian populations and breaches of international law. It seems that the NATO “defense” route is the one that will be used to start the neo-cons next war in the Middle East.

I have already reported on this site how we are basically backing al-Qaeda terrorists, ex Gitmo detainees and religious fanatics that make up the various rebel groups that combine under the banner of the “Free Syrian Army” in the same way as we backed them in Libya.

Either we are so short sighted that we cannot see the mess we created by supporting the same type of people in their overthrow of Gaddafi in Libya.

A country that is currently in a huge mess, with mass executions of ex Gaddafi supporters, the torturing of prisoners, disparate rebel groups controlling different towns including an ex LIFG terrorist, Abdel Belhaj,  ruling the “armed forces” in Tripoli.

This is the same ex al-Qaeda affiliate who was tortured on MI6 orders by the USA at Guantanamo Bay and is trying to sue the British government for doing so.

We either seem to have very short memories OR we are deliberately trying to destabilize whole areas of the Middle East to weaken support for our intended “end” enemy Iran.

A war with Iran that would drive up the price of oil, cause terrorist attacks across the western world and possibly start another World War by drawing in Russia and maybe even China.

Maybe there are even Great Depression economists advising the USA/UK/French axis of war that another World War is needed to bring ourselves out of our current global depression we are suffering in the hope of repeating the economic stimulus that was the build up of the Military Industrial Complex before World War II.

Maybe they see a big war as just what the pragmatic economist doctor would order.

Plus a few million people killed in any future global war can only be a good thing for these Malthusian followers as it will decrease the population in such a way we have not had for over 50 years now.

We have “been lucky” over the centuries that every 50 years or so an economic downturn has been followed by war, death and then a generation of peace makers who try to resolve the problems that led to the last crisis.

We are now two/three generations from those who led us to destruction in World War II and we have just had another boom and bust economic crisis which only leaves the subsequent war to come along and “clean the pipes” so to speak.

We already have the formation of far right groups gaining in political power across Europe in re-action to the imposed austerity policies being implemented on their populations by the bureaucrats in Brussels and their paymasters in Germany.

If anyone hadn’t realised so far the EU has had the direct opposite effect to the one it was created for – to wrap Germany tightly into Europe and stop if from dominating the continent.

Instead Germany is now installing leaders in countries, demanding austerity measures that don’t work, job cuts, tax rises and social security cuts in return for bail out funds despite the proven fact that austerity does not lead to growth.

Plus Angela Merkel is greeted wherever she goes with Hilter salutes and hundreds of police to protect her fr0m barrages of Molotov cocktails.

  • Have a major national debt and huge deficit? Answer: Sack thousands of people and cut pay therefore reducing income tax to the treasury and increasing unemployment benefit pay outs. Reduce education and training, ensure your brightest talent leaves the country for one not undergoing “austerity measures” and hope the nations GDP just grows by magic.
  • Got a severe world food shortage? Answer: Kill the hungry.
  • No jobs for millions bankrupted by the global bankster created depression? Answer:  Send them to die fighting in foreign deserts in another unrequired war.
  • Need a major distraction to the bankster controlled global economy and the mass protest groups growing in strength in Europe and America? Answer: Start World War III to scare everyone witless and keep them distracted from the real enemies of this global Shakespearean play.

Conspiracy theory or plans being seriously considered?

I suppose it all depends on where you get your news from.

Here is an RT.com report on the plane hijacking that would definitely start a war if it had been Syria diverting a Turkish plane full of American passengers on it’s way to the USA into their airspace.

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Just a few of the things we have done wrong in the last ten years

September 22, 2012

By Dark Politicks

Things we have done wrong in the last ten years – a very short list but one I thought was important.

As I am from the UK I am going to criss cross between both countries as ours basically has it’s head halfway up the USA’s arse anyway.

1. Elected George Bush a 2nd time.

2. Elected Obama a first time.

3. Let both Presidents bankrupt the country through tax cuts for the rich, never ending wars, bailouts to the banks instead of prison sentences. Imagine all the money you would save by not having hundreds of military bases all around the world, the largest defence budget in history (one that has tripled in recent years), thousands of nuclear missiles that will probably never be used when a few would be enough for deterrent purposes (if you believe in that) and a massive army, navy and air force.

4. Letting billionaires con you into thinking that they have “your best interests at heart” by giving them MORE tax cuts and bailouts and giving you less working rights including less pay and more working hours, worse living conditions, worse health and safety, less benefits, more pollution and so on etc.

5. Letting the same people trick you into believing you are standing up to government by funding astro turf groups to promote Ayn Rand ideas – as Paul Ryan admitted at the GOP conference. Ideas that many economists say are linked to a laissez faire capitalism that has been blameed for derivatives, credit default swaps, banks lending too much and the global financial collapse of 2008 and the lack of punishment afterwards. Also Ideas that many say go against Christian beliefs. Are you really a Christian or do you just like those “I love Jesus” bumper stickers.

6. Letting the powers that be divide and conquer you through their own groups and infiltration of real grass root movements like the original Tea Party and Occupy Wall Street. If you could only see that many of the same ideas cross over between the protest groups and start electing intelligent people to congress instead of dumbo’s like Michele Bachmann. People who will actually stick up for your constituency rather than do the usual walk through the steps of Congress for the first time and become a Lobbyist target, donation collecting, champagne drinking, party goer who follows their colour of the political line and not champions of the consciences of the people who elected them.

7. Going to war with Iraq. What a pointless waste of time, life and money. It was a distraction from Afghanistan, led to Abu Ghraib and tortureWikiLeaks releasing massacres caught on tape, Blackwater/Xe killing people in public streets, daily car bombs, religious infighting and the breakup of a government structure just to rebuild it from scratch BADLY. George Bush said before becoming President he would go to war with Iraq to get enough political capital to introduce all the reforms he wanted, cuts to social security, tax cuts etc – instead he ended his Presidency with a bankrupt country on the edge of financial meltdown – not something an incomer like Obama would have wanted to come into power with.

8. Labour turning the UK into the most surveilled nation in the world and destroying civil liberties, removing the right of silence without prejudice, trying to introduce national ID cards, curtailing the rights of protesters, allowing 30+ agencies and councils to enter a person home through the RIPA act and introducing the most unfair and unbalanced UK/US extradition treaty – one which we are still fighting to repeal for people like Gary McKinnon.

9. Believing both the Tories and the Liberal Democrats who said they would repeal all these disgraceful acts, especially the Liberal Democrats with their “Freedom Bill” which I supported them in the recent election for but once they brought it to parliament as the Protection of Freedoms Bill it was watered down so much it was mostly irrelevant and pointless.

10. Labour leaving the new government with so much debt and such a big deficit the coalition had to introduce plans that many Tories probably secretly wished to have a chance to do for many years such as roll back public services, destroy our social safety net, try to privatise the NHS, and again give tax cuts to the rich. All in the failed idea that trickle down economics works rather than give money directly to consumers who would spend it and let it trickle up for once! Plus they could blame it on the Lib Dems! In fact they left us in such a mess the outgoing treasury minister Liam Byrne left a message on his successors desk saying “Dear chief secretary, I’m afraid to tell you there’s no money left”

11. Gordon Brown selling off 12.7 million ounces of gold at rock bottom prices and at the worst time possible. Guido Fawkes has worked out that this would have made 63.5 million gold medals for the recent London Olympics. At least we clawed a few ounces back with #TeamGB doing so well.

12. Labour introducing the Private Finance Initiatives scheme which meant private companies entered into contracts with the government over long time periods and built much needed schools and hospitals but then charged the government masses of money over time. We got our spanking new buildings quickly but pay through our noses for long periods of time in return. Maybe some of Gordon’s gold could have helped pay for these.

13. Governments across the globe thinking that huge computer systems are the solution to every problem. From the NSA’s TRAPWIRE that will track everyone everywhere to the massive waste of money that was Labour’s massive waste of money and quickly scraped £12 billion pound failure in the NHS that would have paid for 60,000 nurses for a decade.

14. Not punishing the people who got us into the financial mess of 2008. A recent report showed banks all across the world who received bail outs from their respective governments have continued to make more riskier loans when compared to those that were not bailed out. Is this because they expect (or know) that the government will step in again if they get into another mess, which many economists are expecting to happen soon? As Max Keiser often says we should have put the people who broke the law, then lobbied the government to have laws changed retrospectively or pay measly fines as recompense in jail as a lesson to others that our economic system is not a bookies shop.

15. Expecting that we can parachute democracy into the Middle East and not learning from history. History shows us that no-one from Alexander the Great to the British Empire and the USSR has ever won a war in Afghanistan. What makes the USA think they are any different. The Afghan army and police are full of Taliban infiltrators waiting for their chance to come out and cause havoc. We have basically been training them in our tactics for years and this year has seen the highest number of “Green on Blue deaths” so far at 51, it will only continue to rise.

16. Not being an honest broker in the Middle East. Especially Israel and supporting what seems like a blatantly apartheid nation with their US veto that allows it to get away with piracy on the high seas, assassinations of US citizens, illegal embargoes and the breaking of international law whenever they feel like it. This includes the building of illegal settlements on on Palestinian land, targeted assassinations or the ethnic cleansing of East Jerusalem through forced purchases of Arab houses.

17. Arming, funding and supporting ex-terrorists such as LIFG rebels in Libyathe Free Syrian Army who are filled with al-Qaeda terrorists and the Kosovan Liberation Army in Serbia who also had al-Qaeda links. Either we are trying to de-stabilise the region for a geo-political reason such as to cause an Islamic in-fight between the Shi’ites and the Sunnis so that we can take advantage or we are really really stupid.

18. Not holding a full and proper criminal inquiry into the events of 9.11 which included proper subpoena powers, independent witnesses statements that were not removed from the final report, allowing the White House to block it all the way and then using it to build a case for war in Iraq.

Always remember a third tower WTC-7 fell that day that wasn’t hit by any plane and had all the signs of a controlled demolition including:

  • No plane hitting it.
  • Small fires that had been almost extinguished by the time it fell in the afternoon.
  • Witnesses who heard bombs go off in the building, and admitted walking over dead bodies before the building was hit by falling debris who died before the NIST report was released.
  • Flash cutters seen by witnesses.
  • The owner of the building “admitting” it was pulled – a “misspoken” sentence that really meant “pulling out the fire-fighters” as Larry Silverstien later claimed.
  • A ten second countdown heard by people.
  • Sounds of explosives heard by people and taped.
  • All the signs of a controlled demolition, e.g free-fall for 2.4 seconds, a dip in the centre column before collapse, a symmetrical collapse meaning all corners of the building must have weakened at the same time.
  • A number of experts in demolition all publicly saying that it looked like one.
  • Pre-knowledge – later denied and covered up as an accident by the BBC.
  • A flawed NIST report that differed from it’s intermediary report by having missing building parts and relying on a computer model with loaded parameters such as only heating certain parts of the building to make it collapse. Anyone can make anything happen with a computer model if they set the parameters correctly and play with them until they get the desired result.

 

This list will be continued…..

How to fix the UK now we are once again in a double dip recession

April 29, 2012

By Dark Politricks

I have just watched the Andrew Marr show with his interview with David Cameron which covered an number of interesting matters such as the influence of lobbying and lobbyist especially his closeness betweeen the government and Rupert Murdoch, the economic crisis which has seen the UK enter a double dip recession.

Thinking of this interview and the state our country is in at the moment and with a bit of previous thought that has always remained in my consisouncess I believe we need to come up with a basic plan of steps that can help to restore our country.

These steps should not be ideologically bound and should be considered in a “what works, works” conceptiuial basis. Whether you are a Tory, Liberal or Socialist we all are suffering under the same problems and a solution that works should be considered whether or not it neatly fits inside your ideological view box or not.

The Economy

1. The private sector has not rushed into fill all the public sector jobs that are being lost. People are being put on the dole which increases government payments for jobseeker allowance and housing benefit and in turn increases the amount we need to borrow and therefore increases national debt. Therefore the question needs to be asked whether or not in makes more logical sense (and in turn basic mathematical sense) to keep on this track.

Many people might blame our tax rates and they might be right. If it can be proven that lower company taxes or a flat tax rate system will bring in more actual revenue to the governments coffers then I have no problem with it.

However corporation tax has already been dropped, our tax free allowance raised twice already, the higher rate of tax dropped from 50% to 45% and no influx of private sector jobs has occurred yet.

Here is something that ought not to be just a thought experiment. I would love to know if some university professor with too much time on his well paid hands has tried workig this out or not and please if anyone knows the answer let me in on it.

In the 1980’s our PM of the time Maggie Thatcher went to war with the miners. Many mines were unprofitable but they supported whole villages and towns and were often the only place for people in the local area to work.

Therefore when the mines were closed whole swathes of the country were made unemployed and in time due to the 3 million unemployed people on the dole the government told the employment agency to shift people onto disability allowance if there were eve the slightest thing wrong with them so that the figures were reduced and they could claim success in the war against unemployment.

This is the same government (although a different generation) that is now trying to get people off the disability allowance they had put them on to help win elections. Hypocrisy?

There were no private companies in these places for the people to go to work in and most of the miners were unskilled manual labourers with little other skills. The only “fix” given by the government of the time was from Norman Tebit who said “Get on your bike” and look for work.

Many of these miners are still jobless and many of the towns and villages that were based around the mines are now desolate wastelands full of empty or broken houses, drugs, drink and other social problems.

Now if someone at the time of this massive descission could have done the maths and worked out whether over the next 20-30 years the amount of money spent in dole money, sickness and housing benefit, extra police, court and prison costs and all the other long term costs that come with massive social deprivation and compared it with the subsidies or lost money from the mines which would come out on top?

Is it better to have a town full of people all working, all feeding their familes, all with a sense of pride in their community living in a town with lower social deprivation at the cost of a government subsidy?

Put aside your libertarian or socialist views and consider it from a basic mathematical point of view. Which do you think costs more?

This is the question we should be asking now with the current public sector cuts. Without knowing the actual true cost of the massive mine closure over 30 years I would surmise that it is cheaper to keep people working and off multiple government subsidies (dole, housing etc) and keeping a loss making mine open – another government subsidy.

So it comes down to a simple question of which subsidy is more benefiial for society? The ones handed out in dole and police wages or the one keeping open the mine and along with it the town that works there.

Remember that the higher cost of current government subsidies for unemployed people has brought our borrowing levels up NOT down and it is only our low interest rates that have kept our heads above water and not turned the UK  into a permanent London riot all year long like Greece and Spain.

Stimulating the Economy

Just a few off the top of my head.

  • Tax breaks for UK companies that make their products within the UK and don’t offshore them to slave labour camps like China.
  • Tax breaks for companies who hire long unemployed people – e.g if you have been unemployed for over 1 year or even 6 months.
  • More emphasis on ensuring companies are not hiring illegal migrants and keeping UK citizens out of jobs through the use of slave labour. A National Insurance card must be provided, photocopied and saved for every employee and provided on demand by people who’s actual job is to prevent slave labour from occurring.
  • Closing all tax loopholes and ensuring any international company who wants to sell their goods in one of the biggest markets in the world has a UK company setup on these shores and all relevant corporation tax paid to our treasury from that company.
  • Setting up a UK PLC company that is owned by all the taxpayers of the country who will recieve dividends from the company each year – used to stimulate the company. They would battle in the economy like any other company for private work but for government contracts they should get first dibs – and why not I ask? The Labour government has shown us through PPI how much money was (and still will be for the next 20 odd years at least) on these private public investment schemes. The UK PLC company would be filled with UK workers with valid national insurance cards, the long term unemployed, ex prisoners, other people struggling to get work AND any other workers who apply to vacacnies when required. The only benefits this company would have compared to others is in the non private workspace e.g government contracts.
  1. It gets first refusal on any government contract whether it be an IT system or new Hospital building or even just a maintenance role at a school. Why pay a private company hundreds of pounds to change a light bulb when we should be able to do it cheaply? Believe me through Gordon Browns PPI system we do pay hundreds of pounds to change light bulbs in hospitals and schools all around the country.
  2. If it makes a profit the profit is divided between expanding the company and paying dividends to us taxpayers who will then use that money stimulating the economy in the private marketplace.
  3. It is a first port of call for the long term unemployed and others seeking work to find a job working for their country.

Banking.

  1. We need to create a national bank that has proper interest rates for savers and encourage people to save money again at a rate that makes it worthwhile.
  2. We need a bank that is owned by the people of the country and is willing to loan out money to small businesses who are the companies who give people jobs.
  3. We need a bank that is owned by the people that’s job isn’t to make money purely from money e.g gambling, as we know all the big players do with their high frequency trading and front running.
  4. We need s bank that is owned by the people where the profit is given out to the shareholders of the company each year (the taxpayers of the country) and not in million pound bonuses to a few of their best AND most of their worst gamblers.
  5. We already have huge stake-holds in more than one bank. We should take the whole thing over and turn it into a bank run for the people of the nation for the benefit of the nation.

Can you imagine as a working tax payer being given a yearly cheque for a few thousand pounds to spend as you wish because you as a taxpayer are also a shareholder in a national bank?

This is one way to stimulate the economy as well as incentivise people without jobs to get jobs and to start paying tax.

The European Union

We should leave the European Union as soon as possible. We should give them an ulimatium either make the whole shaky house of cards what is should have been a free trading zone, with free movement of people and goods and not a semi quasil supra government in which unelected people can weild enormous power and the elected EU government can weild little.

The Euro should never have gone ahead as it was clear to many people at the time that the North and South European countries were two totally different systems that would never mesh together and it was only with the help of the criminals at Goldman Sachs that allowed countries like Greece to hide their huge debts and get on board the Titanic with no-one noticing.

We will save money and keep our own embassies and seats at the UN instead of what is surely on the EU’s roadmap a huge polical union like the USA in which the EU is the only embassy in each country and the EU Foreign Minister makes descisions for all European nations.

Whilst there are some good things in the EU there are plenty of bad and I cannot see the balance being tilted the other way anytime soon.

The case of Abu Qatada has shown our weakness in the face of unelected European judges and whilst I am happy
to know that an appeal lodged at the European Court of Human Rights will take up to 7 years to be heard and maybe prevent Gary McKinnon from being deported to the USA the flipside is also true and it prevents us from deporting dangerous criminals like Abu Qatadar.

Law, Equality and Liberty

The case of Abu Qatadar brings me onto the legal system in the UK.

We should create our own Bill of Rights on the same lines as the US Bill of Rights and that every single person wether they be a policeman or royal is covered by the Bill and everyone in the UK is equal under the law.

I want to know 100% that I will be given the same treatment by the judiciary as the Queen if she let her pack of Corgi’s maul a child to death or drink drive into a bus stop full of people killing many of them. Only when we are all equal under the same law – a British made law and one that is the highest law in the land can we call ourselves free and equal.

Alongside this the true “Freedom Bill” should be implemented post haste not the weak and feeble cut down version making its way through parliament at the moment. It is a disgusting stain on the Lib Dem’s character that they allowed the Tories to rip out everything good about the bill and turn it into a wheel clampers justice bill.

These reforms will rebalance our extradition treaty with the USA, restore our right to silence under police interview, give back our right to protest near parliament and many more important laws the pro-surveillence governent of Labour (and now seemingly the coallition) had brought in.

The English should have their own parliament to solve the West Lothian question and to prevent Scottish MP’s voting to raise UK students tuition fees whilst they can keep University free in their own country.

We should do away with this mismash of devolution which Tony Blair started and go the full hog. We should have full devolution for all 4 parts of the UK in which citizens of those countries vote for their local MP to sit in their countries parliament on matters that affect their country alone and then sit within the Westminister parliament when the matter is UK wide e.g whether to go to war, to sign treaties with other nations and other important UK matters.

The English parliament can sit in the Houses of Parliament in Westminster and matters covering the whole UK will involve members of parliament from the Scottish parliament, the Welsh parliament and the Northern Irish one.

Immigration

I live in a town that due to Joanna Lumley is no longer recoognisable due to the ex Gurka veterans (who I have no problem with at all) bringing their whole families over to live in this country. This would be fine if:

  • They could speak English.
  • They were not all given houses straight away, houses some of us have waited decades on the housing list for.
  • They were not overloading our already strained and mercilessly cut public services.
  • They would at least try and learn our culture and fit in. A thank you wave when you let someone through at a junction is not too much to ask – I know a little thing that many other people don’t do but it’s little things like this that really grind my gears (quote Peter Griffin)

People come to the UK from Africa with HIV and turn up at the nearest hospital and then given the best treatment around for free whilst someone who has live in this country their whole life and can trace their history back hundreds of years is treated contentably by the NHS when they have a serious illness.

I am not against immigration as it was badly needed after World War II and when English people won’t take the jobs someone needs to do them.

  • What I am against is the fact that whole swathes of the UK are now ghettos where a white person would feel threatened to walk at night.
  • Where on a bus ride in certain towns you can hear a myriad of conversations, that is apart from English.
  • Where if you open a door to a woman in a head scarf or let her pass in the street she won’t even look at you in the eye let alone say thank you. I know their culture forbids it but this is Britain not Saudi Arabia and we treat women as equals not slaves therefore we should expect some modicum of “fitting in” if we are going to allow tens of millions of people all from various cultures into our country.

I feel that we should have tigther border controls and that anyone wishing to migrate to this country should be able to pass an entrace exam on our history as well as basic English before being allowed on our soil.

Once they have completed there exams they should be given a citenship ceremony in which they are presented their national insurance card. A card by the way which should be mandatory display at any doctors, hostpital or benefits agency. We all got them when we were 16 and any new immigrant should be proud to achieve the right to hold one. They are not national ID cards but they are a sign you are entitled to work, pay tax, claim benefits and this should include health care.

Not only will this help social cohesion it will install a sense of pride at achieving British Citizenship. We should abolish the stupid tests Labour brought in which were more about how to claim benefits than history and our existing culture. Labour ruined this country in more ways than can be counted.

We want people who want to live here and accept our way our life. I don’t want our government sending troops to foreign lands so that they can say that “we fight them over there so we don’t fight them over here”  whilst at the same time we have thousands of men and women within our shores looking at our culture in disgust and planning payback for all that “collateral damage” we do across the world. It goes both ways and I definitely don’t agree with the wars we are in.

There are so many other things I could go on about including stopping the wars, ending the surveillence state, removing our tongue from the USA’s ass and much more but I think I have said enough for one morning. Lets cross our fingers and pray to the great big Spaghetti monster in the sky that some of it becomes true.

David Cameron vetoes European agreement to protect the City of London

December 10, 2011

By Dark Politricks

For those of you that have a worldview that exists outside your national boundaries (I’m talking to you USA) then you might have heard about a little thing called the European Sovereign Debt crisis that is moving once proud nations from democracies to mere subsidiaries of Eurocrat / German power.

For the UK, this is worrying to many people for many reasons. Not only are we not members of the Euro, and have no wish to be, but the thought that Europe is going to end up being controlled by the same nation we fought two wars against to prevent having the same power that we are now edging towards horrifies many of the older generation.

For the younger generation the fact Germany is a powerful country is not so much a problem as the lack of democracy that is inherent in the European institutions that encroach on our daily lives more and more year by year.

Forgetting that Germany is actually the only real industrial power making quality goods left in Europe, we should be concerned that this financial crisis is being used by Euro fanatics and bureaucrats to bring about their dream of a United States of Europe – something that has been dreamt by many from the time of the Roman Empire.

So far we have seen two once proud nations, the originators of democracy and the form of government we still see used across much of the planet fall to the diktats of Europe and the Bond vigilantes.

Both Greece, the home of democracy and Italy, the last country to rule the whole of Europe and who’s republican government has been the basis of many others including the USA, have crumbled under the weight of their sovereign debts.

The threat of unsustainable debt levels and high interest rates has seen their governments fall and their democratically elected leaders replaced with more pliable and “acceptable” leaders, much to the disgust of their nations people.

This last sumit of Europeans leaders was meant to be the final drink in the last chance saloon and during the run up leaders of France and Germany, Sarkozy and Merkel, were both declaring that there was only a few hours to “save the Euro”.

Many people were hoping that they would fail for reasons other than financial instability and it seems David Cameron, the UK PM has delivered their desires on a silver platter by vetoing an EU-wide treaty change designed to tackle the euro-zone crisis.

He claimed changes to the much hated Lisbon Treaty that would have given up even more UK sovereignty to the EU was not in the countries interests due to due to it’s tougher budget rules and a plan to implement a “tobin” tax that would have affected the City of London unfairly.

“We were offered a treaty that didn’t have proper safeguards for Britain, and I decided it was not right to sign that treaty,” he told the BBC.

“We’re still in the single market. That is the best safeguard of keeping markets open,” he said.

Its main provisions include:

  • A cap of 0.5% of GDP on countries’ annual structural deficits.
  • “automatic consequences” for countries whose public deficit exceeds 3% of GDP.
  • The tighter rules to be enshrined in countries’ constitutions.
  • The EU’s permanent bailout facility, the European Stability Mechanism (ESM), to be accelerated and brought into force in July 2012.
  • The adequacy of 500bn-euro (£427bn; $666bn) limit for the ESM to be reassessed.
  • Eurozone and other EU countries to provide up to 200bn euros to the International Monetary Fund (IMF) to help debt-stricken eurozone members

Being outside the Euro it is understandable that the UK does not want to join a fiscal union with Euro using nations but a tax on financial transactions could have been an ideal solution if implemented world wide for many reasons.

  1. The financial crisis was mainly caused by large financial institutions going crazy with their speculation and risky behaviour which a tobin tax would help reduce.
  2. The tobin tax would go a long way to help fill the coffers of nations who are now suffering “austerity” measures due to the taxpayer bailing out these financial institutions therefore it would placate many people who are currently outraged that the banksters have been able to bankrupt whole nations, place the burden of paying the debts on the back of the taxpayer and who continue to pay themselves huge salaries and bonuses.
  3. The large majority of financial trading is automated, computers trading with other computers and the practise of high frequency trading and front running legitimate trades has been a major source of concern for those who are aware of the practise. A tobin tax on trades that were only held for a few seconds at most would not hurt legitimate investors, pensions firms and other long term investers but it could help reduce the amount of risk that comes about from computers making trading decisions.
  4. The UK economy is too unbalanced towards reliance on financial services. The governments supposed plan to help reduce the deficit and restore growth to our stagnated economy was to increase high tech industry, increase exports and reduce our reliance on financial services in the City. A tax on the very businesses that make our country the most money which are companies that can obviously afford to pay it (as their recent profits and bonuses reveal) plus companies who caused the mess we are in, in the first place would go a long way to helping restore public trust in that part of our economy whilst satisfying a wide public lust for some form of justice in the face of massive cuts to public service, tax rises, rising inflation and rising unemployment.

Obviously at the moment our governments plan to re balance the economy has gone nowhere and the UK is still overly reliant on the City for revenue generation and in this regards it was probably wise for Cameron to put our own interests above those of the Euro members.

However much commentators have lamented his actions as destroying Britain’s place in Europe at the decision making table it was always going to happen sooner or later unless we joined the single currency.

No-one can expect a non member of a monetary union between multiple states to have an equal say over how that group of states is run and how close they work together and in the same way that closely integrated group of countries cannot expect to apply the same rules they obey to countries outside their common fiscal and monetary policies

If the rest of Europe wishes to give up their national sovereignty to save a doomed currency then so be it but I doubt many citizens across Europe will be happy. Little by little their national governments are becoming little more than talking shops and real decisions about their economy and other key policy areas are now made by unelected bureaucrats in Brussels and Strasbourg with the Germans having the loudest voice.

As the BBC Editor Gavin Hewitt succinctly put it:

“For the European people, they are in a closer Europe than they ever voted for”.

From this point of view David Cameron has pleased his Euro-sceptic back benches and many UK citizens who have never even had a chance to vote on their countries participation in a political pipe dream that was concocted during the ashes of the second world war and was designed to prevent Germany from ever again becoming the dominant power within Europe.

Whether or not Cameron and the UK go their own way, the other 26 members of the EU seem to be willing to sign up for closer economic and political union which will be done by multiple inter-country treaties instead of a single EU treaty due to Cameron’s veto.

However countries such as Ireland which have already been enslaved by Euro debt relief have to put any European treaty to a referndum so there may be more countries standing with the UK than there currently are and the talk of the UK being isolated could just be a temporary situation.

More and more people are realising that the Euro is slowing crumbling and whilst a disorganised disintegration may cause immense distress and disruption the UK should be better placed than it’s European partners to weather the storm that in undoubtedly brewing.

Massive wealth inequality is a problem even the biggest Capitalists believe must be solved

December 2, 2011

By Dark Politricks

This is the latest edition of BBC News Hardtalk programme in which Mohamed El-Erian the CEO of the large investment firm PIMCO is interviewed about the global economy.

PIMCO is one of the world’s largest bond investors and manages approximately $1.34 trillion of assets.

It’s an interesting interview and he uses a number of good analogies to discuss the current problems in the global economy.

It is particularly interesting to hear his thoughts on the massive wealth inequality that is only widening across the western world and he believes that this gap needs to be shortened for the financial system to get back on track.

As this site has discussed many times we are not currently living under a true capitalist society and the massive crash that occurred 3 years ago has only widened this wealth inequality between the richest few and the majority of people.

It has also led to crony capitalism in which banksters get to keep their massive profits and bonuses whilst the taxpayer has been forced to bear their huge losses through our bailing out of the banks all in the hope it would fix the problem, lead to an increase in lending to small businesses and create more jobs. None of this happened.

Instead we are now living in an inversed socialist society in which the top 1% are allowed to keep their private gains from dubious and frequently illegal activities but any losses are spread out across the whole of society. It is blatantly not fair that the poorest are being forced to pay for the mistakes of the richest through cuts to services and rises in taxes as well as pay cuts and high inflation.

It seems that even the biggest capitalists on the planet agree that something “just aint right” with our current financial system.

Mohamed El-Erian links the Occupy Wall St protests, the European unrest and the Middle East troubles all together as a sign that people all across the world are starting to realise they have been played. If the problem isn’t fixed properly things are only going to get worse in his eyes.

Part1

Part 2

Another poster from Occupy Wall Street – “I am the 99%”

November 15, 2011

By Dark Politricks

I like this poster. In fact when comparing the posters that the Occupy Wall Street crowd have had in relation to those shown by the Tea Party at town hall meetings the other year I would say the OWS crowd definitely have the edge so far.

Remember the false divide between Occupy Wall Street protesters and Tea Party supporters is by design. The right / left paradigm has been proven to be fraudulent and no matter who sits in the White House the real power brokers always get their way.

Who are the real power brokers? Well a clue would be the current financial explosion.

Who caused it? Greedy banksters like Morgan Stanley and Goldman Sachs. Financial firms that sold dodgy mortgages, forced credit on people they knew couldn’t pay it back to reap in all that lovely interest payments and most importantly they cooked the books of whole countries like Greece so that they could join the EURO that was totally unsuitable for them.

Now that Europe and the World is on the edge of disaster these same people are coming to our rescue – oh how nice.

Forget elections and the democratic will of the people. No what we need is ex banksters and Eurocrats running our countries instead of democratically elected politicians.

So a good sign of who really pulls the strings can be seen all around us. The same people who should be in prison for crimes against humanity (for that is what the financial crimes are), are instead forcing out democratically elected leaders in Greece and Italy and using their wealth (all borrowed at 0% interest rates) to lead speculative hits on the Bond markets driving up yields and forcing countries to the brink of bankruptcy.

Maybe we are living in a parallel universe in which being good, honest, and caring means jack nipple. Whilst being a greedy money grabbing bankster who cares nothing about putting whole industries on the unemployment line is the key to heaven itself.

Anyhow here is today’s poster du jour.

From dissenter.firedoglake.com.

I am the 99%

What is this young person’s story?

I am a senior at MPHS in Chicago. My father is unemployed and my mother works hectic hours to pay the rent and bills. Link is our only way to obtain grocery items (Link is how residents of Illinois get food stamps). I would like to study pre-med/biology in college starting Fall 2012. I cannot afford to go and even with loans I would never be able to pay back I can’t afford to go. I am the 99%.

For more stories of the 99 Percent, visit the “We Are the 99 Percent” Tumblr.

View the original article at issenter.firedoglake.com.

The Banks are now “Too Big To Save”

January 23, 2011

By Dark Politricks

I have just watched an interesting BBC documentary by Robert Preston about the banking crisis called “Too Big to Save”.

The premise was basically that our financial system is in such a mess and our country so loaded up with sovereign debt that if another crisis came along, which according to the programme is very likely, the banks are too big to get bailed out as there isn’t enough money left to do so even if the desire was there to do it.

As well as examining the fundamental problems inherit in our banking system he also looked at the history of recent banking and what led up to the recent crisis as well as revealing how little the public really understand about banking and how money is actually created.

Most people still seem to believe that banks only lend out money that they have deposited from savers but this couldn’t be further from the truth. Due to the wonders of fractional reserve banking and international agreements such as Basel that determine the levels of reserves banks require they can basically lend out £90 for every £10 they own.

Also because most money in circulation is now digital banks literally have the ability to create new money from thin air by entering a few keystrokes into a computer.

Whereas there are laws that determine who can legitimately create coinage, e.g the Bank of England, there is nothing in our debt based monetary system preventing banks from creating new digital money by issuing new debt to customers. They do this through simple accounting methods because whenever someone takes out a loan from a bank new money comes into existence and is deposited into someone else’s bank account as new digital money. Once this new money has been deposited in one account the bank can then use the laws of fractional reserve banking to multiply the money supply again by issuing more loans and so on and so on.

This has been taken from the excellent campaign for positive money site which aims to overhaul our current banking system and the site explains it very well.

The ‘Rules of Money’

Under a fractional reserve banking system, there are two ‘rules of money’:

  1. When a bank makes a loan, it increases the amount of money in the hands of the public (by increasing the total quantity of digital bank deposits)
  2. When a member of the public repays a loan, it reduces the amount of money in the hands of the public (by decreasing the total quantity of digital bank deposits)

Consequently, through excessive lending between 2000 and 2008, banks were able to double the money supply in just 7 years – an increase in the total money supply from £884 billion to £1,674 billion. The chart below shows the increase in the Bank of England’s M4 measure of money supply,  and therefore the total quantity of bank deposits, in each year. Each red bar represents new money created by the commercial banks (click the image to enlarge):

 

All the ‘Money’ in Your Bank Account Represents Someone Else’s Debt

Since all the number money in your account was created by banks making loans, this means that for every pound in your bank account, someone else is in debt by an equal amount.

In fact, due to compound interest, the public’s debts are now greater than all the money that exists in the economy. According to Bank of England figures, if the UK public collectively took all the money in our bank accounts and used it to pay down our debts, we would end up with no money at all and still owe £306billion (plus interest) to the banks!

In other words, we now have a debt-based money supply issued entirely by private, profit-seeking companies. Our money supply has been effectively privatised.

Not only did our banks increase our money supply by overloading the population with easy to obtain and “cheap” debt they started to engage in risky activities that were nothing more than gambling dressed up as “financial innovation”.

Derivatives started off as useful tools to help hedge risk on investments but they soon became a device to make large amounts of money by taking riskier and riskier bets on future market positions.  Sales of complicated financial instruments such as Collateralized loan obligations and Credit default swaps allowed banks to bypass regulations by hiding the risk they were taking so well that only a very small percentage of people actually knew what was really going on. Even the top banking officials and financiers in the documentary had trouble explaining what some of the terms actually meant!

The only difference I can really see between those of us that use Betfair to bet on the horses gambling on the outcome of a race and those bankers and city wide boys in the stock exchange betting on the position of a stock at a particular date is the type of clothing worn and the segment on the nightly news where the results are given.

It really does seem as if a suit and some long winded names for the bets involved are the only difference between a gambler and a banker. There is one more difference however and that is the danger to society when the gamble goes wrong. A regular visitor to gamblers anonymous might lose a weekly wage or his house if he’s really unlucky but the city trader or bankster that loses a bet can literally loses billions and potentially puts millions of people on the street if their gambles don’t pay off.

It seemed from the documentary that Robert Preston understood the types of fraudulent behaviour the big banksters were engaging in and most of his interviewees did as well. The web is full of sites dedicated to exposing the types of financial terrorism the likes of Morgan Stanley and Goldman Sachs have engaged in and even certain politicians talk the talk when they have to. What is yet to be seen though is any kind of concrete action directed against these banksters and fraudsters.

The banking system is still posing a systemic risk to the whole economy and little action has been taken by our politicans to rectify the situation. All the talk of splitting the banks up has come to nothing as of yet and not only are the banks still not lending to the small companies that need to be thriving to restart our economy the bankers are still paying themselves stupidly large and unreasonable bonuses.

Any mention of a permanent tax on banker bonuses or financial transaction tax just leads to not so veiled threats by the horrific Angela Knight and other leading UK bankers to pack up their bags and trot off to Singapore or Hong Kong. Not only has the banking sector held the UK economy hostage once it seems intent on keeping us hostage long enough in the hope that we might eventually forget their misdeeds and crimes and let them carry on with nothing more than a slap on the wrist.

With ever increasing inflation, tax rises and extortionate petrol prices along with all the austerity measures and cuts in public spending the coming year is going to hit middle and low income familes hard. Whilst the common man and woman are being asked to just bite the bullet and take all the price rises on the chin we are then expected to read stories about million pound bonuses being paid to the same people who have caused our misery.

Unless some of our politicians get their act together and stop bending over to the international bankers then public anger will not only be righteous it will be immense once the pennies run out. If 2011 really is as predicted the “year of rage” then a lot of that rage is going to be directed at the pricks in pin stripes. Fred Goodwin might actually consider himself lucky to only get away with his fat pension and only a few smashed windows and a damaged car.

Help crash JP Morgan by buying Silver coins

November 27, 2010

By Dark Politricks

Max Keiser has launched a viral campaign called “Crash JP Morgan – Buy Silver” which aims to bring down one of the major financial players who helped cause the recent world-wide financial collapse by getting as many people as possible to buy and take delivery of as many silver coins as possible which will expose JP Morgan’s massive short positions in the silver market, drive up the price of silver and hopefully bankrupt JP Morgan in the process!

Not only did this Goliath of the financial world help to bankrupt countries all around the world, it is now making stupid profits and paying out ridiculous bonuses. So remember that whilst you and me and the average man and woman in the street are all now suffering the consequences of their risky actions they are carrying on as if nothing had happened. Doesn’t seem right does it, that one of the biggest banksters in the world is carrying on making bucket loads of money whilst we are suffering austerity measures, job losses and increasing prices.

His idea is very simple and is related to the fact that JP Morgan is heavily exposed to Silver and massively and fraudulently involved in naked short selling within the silver market.

We can all help bring this major player in the derivatives market to its knees and then hopefully decapitate it by buying as much physical silver as possible in the form of silver coins or other silver products. Not only will all this activity drive up the price of silver it could help defeat one of the major evil financial corporations of our modern time.

So do the world the favour buy silver and crash JP Morgan!

Buy Silver and Crash JP Morgan is an idea by Max Keiser to help bring JP Morgan to its knees by exposing its naked shorts on the Silver market. So do the world a favour and help bring JP Morgan down by buying silver coins.

For UK customers interested in buying silver coins for delivery and wanting to join in this grass roots campaign to crash JP Morgan by buying silver check out these links:

www.thegoldbullion.co.uk

www.24carat.co.uk

www.perthmint.com.au

For more info on Max Keiser and his campaign to crash JP Morgan through buying silver then check out all the articles and videos on my main site darkpolitricks.com/tag/max-keiser or check out some of his shows on Russia Today or catch up with them at the youtube.com/russiatoday channel.

Remember that chances like this don’t come around very often and the Internet is the perfect tool to spread the word and gather momentum behind such a brilliant campaign. Individually we are nothing but together we are the strongest army imaginable and we have JP Morgan in our sites so if you care about the state of the world economy whether you are a Libertarian, Socialist or Tea Party activist then take this golden opportunity to earn yourself a healthy profit whilst at the same time ridding the world of one of the greatest bankster organisations ever known.

Do the world a massive favour and buy silver to help crash JP Morgan.