Labour V Conservative

We seem to have something of a third party squeeze with the 3rd party being lots of other parties. The mains are polling at almost 80% up from 65%. Labour despite the loss of Scotland are polling better in England and Wales arguably than any time since 2001 at a general election. They will still be wiped out but hey ho. Then boundary changes kick in as their gerrymandering is unwound but there you go. The Liberals 8% seems to signal the death of Social Democracy and they have not pimped Liberalism (bar Neo Liberalism) in a long time.

So if you are in a marginal who ya got Labour or Tory? Anti Labour or Anti Tory? And yes I started a sentence with so and and, blow me. Continue reading “Labour V Conservative”

Labour V Conservative

Nano Problems

I read this in Haaretz on why Israel was turning to fruitcakery:-

And left-wing voters have lost interest in the character of their country in recent years. After all, it’s not very liberal to tie yourself in knots in order to shape a society in accordance with your own values. Their secularism has been privatized. They have moved onto dealing with “nano” problems – questions of lifestyle like alternative weddings, circumcision (yes or no), Reform prayer at the Western Wall and girls getting called up to read publicly from the Torah.
read more: http://www.haaretz.com/opinion/.premium-1.762203?utm_source=dlvr.it&utm_medium=twitter

This. As true of a ‘left’ celebrating difference and stroking its virtue by not just pointing out racism, sexism etc but celebrating itself as superior because it uses the right pronouns and sentences people to penury for uttering a word out of place in the public sphere. For enforcing anodyne comedy on TV! Continue reading “Nano Problems”

Nano Problems

The Wankers

In all this defending of Judges and EU and even the mendacious incompetent Mrs Clinton don’t forget these people offer less than nothing too. They merely offer the marginally better place than being run by the insane. Their plan be they EU, Council of Ministers, Tories, ‘Crats, GOPpers, Popper taking New Labourites etc is to continue the class war. They represent bankers and themselves – as Warren Buffett says his class are winning, you serfs. Continue reading “The Wankers”

The Wankers

May folds 2 Aces to Nissan’s 72 offsuit

You have to worry when the Govt cravenly caves to Nissan.

As before this ridiculous world where all production is subsidised and workers taxes have to pay for what money creation cannot is unsustainable. Especially as the debt created remains – banks may go bust but loans never cancelled one rule for the plebs but sadly bankrupt plebs don’t buy anything except with more debt.

If I was just acting for myself hard BrExit with no subsidy and tariffs on imports would be the way to go. Not many want to gamble like that so having a Govt led by a populist who will shit on anything to please her party and window lickers concede without a raise to a company like Nissan is worrying.

May folds 2 Aces to Nissan’s 72 offsuit

Globalisation The Rant

OK what is Globalisation? I say it’s subsidy and a transfer of wealth from workers in the West to offshore tax havens. Whilst I cannot deny that workers in the 3rd world have benefited at least in terms of income and other measures they are as likely the beneficiaries of changes in policy in such places as China and India and a great deal of debt much borne by Western States and Western, Chinese and Japanese Banks but more significantly workers and corporates all over the world.

Apple’s products developed with and by the State. Yet they leave Bns offshore to avoid tax. Indeed even on shore countries like Uk and Ireland compete to flatter Corporates with absurdly low levels of Corporate taxation. You will also note how the IMF insists on privitisation a great method for offshoring companies if UK example is any guide. Debt onshored and profit offshored meaning only Govt guarantees prop up companies they sold to friends! You can argue whether tax avoidance is a subsidy but that is semantics and deliberate obfuscation of the point here.

Exports from every country are subject to subsidy whether it’s no tax on shipping and aviation fuel or Export Credit Guarantees. Zac Goldsmith pointed out how Apples in Europe were shipped to South Africa for waxing and back here to be eaten.

The scale of Non Performing Loans in China is another subsidy as the state there essentially buys up losses and keeps producing with consequent damage to the environment and Western businesses. Western Banks that lend the money to buy the constant flow of tat are subsidised and bailed out. In short the world is living beyond its means economically and environmentally. Guaranteed loans by Govt for the polluters like INEOS as the neo Liberals saved Grangemouth is more subsidy. The end result is that large corporates get free money and the state assumes the risk and quite how much capitalism goes on is a question.

Dan Hannan Tory MEP may be statistically challenged but he made a point the EU loves regulation as it is a barrier to entry and the burden falls disproportionately on smaller companies. The response to TBTF (Too Big To Fail) Banks has been to make them bigger and strap even more regulation on the smaller banks. Yet the only way economies can grow is to add even more debt £9 of debt for £1 of growth according to the unreliable Max Keiser – £6 to £1 of GDP (whatever that is) from more reliable sources about China.

In the UK this is especially dangerous as much of the private debt is secured against or borrowed on the back of property wealth. Essentially we have bid up the prices of existing housing stock and debt, and called it growth, GDP even. This has caused the extraction of rent from younger generations and what has this paid for? Further increases in debt.

I really don’t think a PhD in economics is needed to know this is not going to work for the majority of us. Indeed the only way to think it is might work is to have a PhD in neo-classical economics. Experts in a strait jacket of ideology are wrong and obviously so to even us.

Globalisation The Rant

Labour Cuckolded

While the Labour Wets try to secure their sinecures by dumping the leader of the party the members and unions wanted I thought I’d lay out the colossal failure of the leaders of the MPs brand of Labour. I’ll leave out the wars and self congratulation at saddling the country and NHS in debt and the racism. No look who Labour patronised and subsidised:- Continue reading “Labour Cuckolded”

Labour Cuckolded

Subsidising Terror & Pollution

The terror state Iran is apparently to buy $25 Bn of aircraft from Boeing. There are many angles to the ridiculousness of this:

  • Iran is a terror state which would love a global caliphate
  • These planes will contain state of the art technology to a country we would like to leave backwards
  • The US taxpayer subsidises Boeing to a ludicrous degree
  • Iran executes women and gay people for having sex in case you did not know.
  • Iran sponsors our enemies Hamas and Hezbollah and has links to almost all terror groups even Sunni al Queada
  • A subsidy to pollution
  • Iran does not recognise Israel.

There is a problem as I pointed out with excusing US incompetence in foreign policy as being fundamentally about Capitalism – idea it is not morally wrong even if misguided. Actions make it seem more about profit and indeed that the enemy is a frenemy or a device or feedback loop for more spending on subsidised weapons manufacturers like Boeing that in turn profits political leaders personally. We are asked to sacrifice our freedom to fight the likes of Iran as our Govt hands them cheap resources and takes taxpayers dosh?

The other lie that Mr Obama’s Administration and those sanctimonious European Airbus subsidising guys push is the need to fight climate change so why subsidise pollution?

It’s not even good capitalism to boot.

Subsidising Terror & Pollution