When Venezuela recently became the latest in a long line of socialist failures one would have thought that politicians and advocates around the world would have learned from the bitter experience of its impoverished people.
How the late socialist tyrant Hugo Chavez aided by his successor, Nicholas Maduro, wrecked the economy of resource rich Venezuela should have acted as a salutary warning about how not to run an economy. Obviously the French socialists led by Francois Hollande were not paying attention, neither were the French people and now they are paying the price for their folly and greed.
The collapse of the French economy was inevitable the moment Francois Hollande was elected President on an unashamedly socialist ticket. The French people allowed themselves to be seduced by promises of increased welfare benefits, extended entitlements, shorter working hours, longer holidays, bigger pensions and the rest of the usual 'free stuff' - all paid for by taxing the 'rich'.
Along with cheating on his children and various mistresses, Hollande's name is synonymous with seventy five percent tax rates and a visceral hatred of the 'rich'. The fact that he is rich himself doesn't seem to register, but then again it never does with champagne socialists as the British can attest with a gang of their own, led by Red Ed Miliband and his former leader Tony Blair.
Another take on champagne socialists here.
The collapse of the French economy and the resignation of the entire government is a testament to the failure of socialist policies and France joins other ignominious failures such as the Soviet Union, China, North Korea, Cuba, Greece South Africa, Zimbabwe etc. To this list can be added Great Britain when under the Labour governments of Wilson/Callaghan and Blair/Brown.
As was widely predicted, there was an exodus of talent and capital from the country led by the high profile defection actor Gerard Depardeu to Russia.
London, even with its penal levels of taxation, is home to the biggest population of expatriate French people who have chosen exile over living in Hollande's France.
His remedy to cure France's economic problems didn't get off to a very good start with Hollande's appointment of another socialist Prime Minister to replace the former one. In an attempt at justification, it was explained that Manuel Valls is a 'right wing' socialist' whatever that means. (Presumably that makes the former Prime Minister, Jean-Marc Ayrault, a 'left wing' socialist)
On his painful return to earth and economic reality, Hollande's proposed cure for his own disastrous handling of the economy, which has seen unemployment rocket to record levels, includes, "lowering employers costs to spur job creation".
Just having to utter those blasphemous capitalists words must have been a painful experience for Hollande and it didn't get any easier. He also promised to "lower taxes, cut government spending and rethink the thirty five hour working week". Ouch! That must really have hurt.
In addition to these very un-socialist measures he is also begging indulgence from the EU bureaucrats with respect to France's EU commitments. This in itself is an admission that EU membership is an economic liability and a job killer, but I digress.
It is not only President Hollande and the French people who failed to learn about the socialist failures that have engulfed countries around the world from Venezuela to Zimbabwe, the British Labour party and its followers are no better. They are proposing the same disastrous policies of 'free stuff' paid for by the 'rich' to this very day.
The Labour Party leader, Red Ed Miliband was first out of the blocks congratulating Hollande on his election and lauding his economic policies. At this point Red Ed has made no comment about the economic collapse in France or the resignation of the Hollande government.
The fact that Red Ed is a life long Marxist is now accepted and that would explain his dedication to the socialist cause, but if anyone was under the impression that this mindless dedication is confined to the intellectually challenged, the emotionally retarded or the pimpled adolescents that frequent the student union bars, then they would be wrong.
Ed Balls, is one of the privileged elite who was expensively educated at an exclusive private school before going up to Oxford University. In line with the rest of the new cross party political order he gained a first class degree in Philosophy, Politics and Economics. Following this he won a Kennedy scholarship to Harvard University where he specialized in economics. They don't come more qualified in economics than Ed Balls.
One has to be incredibly good at economics to quote as Balls did, "the post neo-classical endogenous growth theory".
For the uninitiated, the British Shadow Chancellor of the Exchequer and senior Labour party figure, Ed Balls, is more than just the economic kamikaze pilot who, together with the misogynist Gordon Brown, crashed the British economy, he is also a bully and an insufferable ignoramus.
There are a multitude of contentious issues that surround this champagne socialist that clearly demonstrate just what a malignant piece of work he is.
Despite being as far removed as possible from the working class, and what to him are the great unwashed, his dedication to the socialist ideology that wrecked the British economy is absolute.
There is his inability to acknowledge, let alone apologise for, crashing the British economy and plunging millions of hard working families and pensioners into poverty.
There is his inability to acknowledge that there is any alternative whatsoever to the economic policies that have failed disastrously in France and Venezuela etc.
There is his willingness to participate in practices that would be considered as corruption outside of the cesspit of British politics that fixed it for him and his wife to enter Parliament representing neighbouring constituencies.
Then there is his willingness to push the boundaries of propriety in order for the British taxpayer to finance their champagne socialist lifestyle.
Ed Balls passes himself off as a champion of the poor and the downtrodden who, he claims, are victims of the dispassionate 'rich'. What he fails to mention that he his rich and privileged himself. He is also a member of the sinister Bilderberg group of elite global activists who, without a care for his carbon footprint, has used the very unsocialist private jet of convicted felon Conrad Black for his personal transportation.
While working as editor of the Financial Times he was 'spotted' and groomed for high political office by person or persons unknown. He was given a manufactured position by the resident Labour Party loony Gordon Brown and 'parked' in the Smith Institute while a 'safe' seat was arranged for his entry into Parliament.
It is worth noting that:
a) The Smith Institute was a fake charity which according to many commentators was nothing other than a slush fund for Gordon Browns political aspirations. While waiting for his 'safe' seat Balls still had to bring home the bacon, so the Smith Institute paid him the princely sum of eighty nine thousand pounds for just two essays. Nice work if you can get it.
b) A 'safe' seat is one where the people mindlessly vote for party regardless of the damage it does to their own well being. The unscrupulous political class take full advantage of this collective stupidity to dump on the electorate a person who will follow the party agenda rather than represent the people.
After his manufactured entry into Parliament Ed Balls worked in the Treasury plotting the transformation of the British economy from a successful one into a catastrophic socialist one. When the Labour party won power in 1997 Gordon Brown was the Chancellor, so he Balls was appointed as the Minister for Children, Schools and Families - once there he set about wrecking the education system.
He instigated 'all must have prizes', grade inflation and made looking after every little bastard's self esteem a priority. He succeeded in churning out a generation of children who possessed high academic qualifications but who were barely literate and unable to master basic arithmetic.
It was working as Gordon Brown's boot boy and in his position as the Labour party's economic guru that Balls did the most damage.
In good old socialist fashion, they raised taxes and took spending to a whole new level; they fire hosed money into the black hole of unreformed public services, including the NHS, schools and welfare entitlements.
They expanded the government and its army of compliant bureaucrats that still blights the lives of the British people to this day.
They raised old taxes and instituted over one hundred new ones. Using fiscal drag they pushed more hard working people into the forty percent tax band than ever before.
Around forty two thousand pounds forces people into the forty percent tax bracket - when National Insurance contributions are taken into account, working class people are taxed at a punishing fifty two percent. Perhaps this is where Hollande got his ideas from.
They sold tons of Great Britain's gold reserves at a knock down price costing the taxpayer some four billion pounds.
They gave away Great Britain's rebate to the European Union, almost doubling taxpayers contributions for nothing in exchange.
They forced solvent banks to rescue insolvent ones causing both to crash.
The list of incompetence goes on and on but to cut to the chase, Balls, Brown, Miliband and the gang, increased taxes, spending and borrowing to record levels at the top of the economic cycle resulting in economic collapse, near bankruptcy and insurmountable debt.
It is sad to say that they, and the British people, have learned nothing from previous socialist failures. If the opinion polls are accurate, a general election held tomorrow would return the Labour party to office with Red Ed as Prime Minister and Ed Balls as Chancellor of the Exchequer, at which point it will be game over and the experience of the French people will be a tea party by comparison.
To end on a lighter note - The Labour party end their annual conference with the traditional singing of the communist anthem, The Red Flag.
I thought it would be fun to see Red Ed lead his party giving us a rendition. I came upon the lyrics and I think readers will find the second verse very apt considering recent events in France:
"Look around the Frenchman loves its blaze
The sturdy German chants its praise
In Moscow's vaults its hymns are sung
Chicago swells the surging throng"
Watch Red Ed doing his communist father proud, enjoy and feel free to laugh out loud, its hilarious.
Another excellent post on the French debacle by The Mellow Jihadi
Showing posts with label Ed Balls. Show all posts
Showing posts with label Ed Balls. Show all posts
Thursday, January 30, 2014
Friday, December 21, 2012
Millionaire Ed Miliband - Labour Leader And Dickensian Poverty In Great Britain
I know I am not alone in holding politicians in total contempt and my attitude toward this dissembling shower of s*** was reinforced when I made the mistake of watching the last Prime Ministers Questions from the British Parliament. (PMQ's)
After the expenses scandal and the discovery that the peoples' representatives were engaged in wholesale looting of their hard earned money, they really have got some nerve calling each other Honourable and Right Honourable Gentlemen (and Ladies).
What made my experience worse was the fact the people responsible for bankrupting the British economy were still sitting there in judgement on the people charged with clearing up their mess.
There was the rich aristocrat Harriet Harman nodding in disapproval of welfare capping, then there was her husband, the multi- homed trade union thug 'Grunwick' Jack Dromey, of all women shortlist fame, feigning compassion for the homeless.
There was Evette Cooper, wife of the odious thug Ed Balls shaking her head in disapproval at the proposal to check that those on the permanent invalidity benefit role were actually unfit for any type of work at all.
Then there was the thug himself who can dish out the barracking but then cries like a sissy when he gets it back in return, the Treasury Secretary during the Brown years of devastation and now Shadow Chancellor Ed Balls. This obnoxious ignoramus will go down in history as the most incompetent manager of the economy......ever.
Ed Ball's answer to Great Britains' bankruptcy is more of what he did to cause it in the first place, that is more tax, spend, borrow and debt. The man is not just inept, he is economically illiterate bordering on insane.
Finally there was their glorious leader and Prime Minister in waiting, Ed Miliband, who together with his brother David are part of the notorious North London family of wealthy hard left 'intellectuals' which centred around their communist fanatic father Adolph "Ralph" Miliband.
Listening to Ed Miliband speak at PMQ's one has to wonder if he is of this planet or if he thinks that the watching public are as terminally stupid as his core followers. It is almost as if the their thirteen years of devastation didn't happen. They are all in denial about about the mayhem they have caused and the lives they have ruined.
In his attempt to portray David Cameron as out of touch he and his backbench lickspittles orchestrated an attempt to paint a picture of Great Britain as mired in poverty of Dickensian proportions.
Their ludicrous claim is that this poverty is a direct result of the governments' heartless policies that they put in place to cure an economic crisis which, according to Miliband and Balls, all started in evil capitalist America.
This nonsense is as embarrassing as it is insulting. The picture they painted was of the noble poor who were so destitute they were relying on food banks for their basic nourishment. They talked about ragged children turning up for school hungry and begging scraps of food from their teachers. Then there were children riddled with diseases that are associated with poverty such as TB and rickets.
These supposedly unwashed, uncared for, malnourished victims of the government's attempt to save the country from bankruptcy on the backs of the poor and downtrodden.
Then of course to cap it all there was the inevitable and thoroughly threadbare mantra about tax cuts for millionaires paid for by starving diseased schoolchildren and their destitute parents.
Those of us who have lived and worked in the undeveloped world will have seen real poverty, real starvation and real disease first hand. Ed Miliband's attempt at portraying Great Britain in such terms is ridiculous and insulting but typical of a modern 'progressive' politician who needs poverty to justify his perverted ideology.
Ed Miliband nor any of his lickspittles mentioned the fact that almost every British kid nowadays owns an IPhone, an XBox or wears designer trainers and who, unlike the real poor of the world, have access to clean water, welfare, free education, free housing and free healthcare.
Ed Miliband's justification for this Dickensian nonsense was the sensible plan for the government to cap the increase in welfare payments to 1% in line with public sector pay to help to cut the welfare budget which the country can't afford.
I can't claim to be the next Nostradamus but it would appear that my previous post: Fundamental Transformation, Progressivism For Beginners is not only true but prophetic. Ed Milband's 'progressive' rhetoric was exactly as I predicted.
Myth No 1 - Poverty, Ed Miliband gave us visions of poverty in spades.
Myth No 2 - Victims, Ed gave us those also and the most emotionally evocative victims to boot i.e starving, diseased children.
Myth No 3 - Villains, Like a stuck record and ignoring the fact that he is one himself, hypocrite Ed gave us millionaires not paying their fair share.
Myth No 4 - Compliant Media, Ed Miliband gave us this Dickensian poverty nonesense on global television raising eyebrows among the global 'progressives' who believe as Ed Miliband does, that the answer to everything is for the government to tax and spend more.
I have written previously about Cameron and his gang being remote and unable to identify with the people they are supposed to be representing but Ed Miliband is in no position to criticise as he is from a similar remote elite albeit from the communist end of the political spectrum.
If the latest polls are to be believed then Ed Miliband will be the next Prime Minister and Ed Balls will take over the economy, at that point the fundamental transformation of Great Britain from a one time global superpower to a third world banana republic will be complete and may the Lord have mercy on us all.
After the expenses scandal and the discovery that the peoples' representatives were engaged in wholesale looting of their hard earned money, they really have got some nerve calling each other Honourable and Right Honourable Gentlemen (and Ladies).
What made my experience worse was the fact the people responsible for bankrupting the British economy were still sitting there in judgement on the people charged with clearing up their mess.
There was the rich aristocrat Harriet Harman nodding in disapproval of welfare capping, then there was her husband, the multi- homed trade union thug 'Grunwick' Jack Dromey, of all women shortlist fame, feigning compassion for the homeless.
There was Evette Cooper, wife of the odious thug Ed Balls shaking her head in disapproval at the proposal to check that those on the permanent invalidity benefit role were actually unfit for any type of work at all.
Then there was the thug himself who can dish out the barracking but then cries like a sissy when he gets it back in return, the Treasury Secretary during the Brown years of devastation and now Shadow Chancellor Ed Balls. This obnoxious ignoramus will go down in history as the most incompetent manager of the economy......ever.
Ed Ball's answer to Great Britains' bankruptcy is more of what he did to cause it in the first place, that is more tax, spend, borrow and debt. The man is not just inept, he is economically illiterate bordering on insane.
Finally there was their glorious leader and Prime Minister in waiting, Ed Miliband, who together with his brother David are part of the notorious North London family of wealthy hard left 'intellectuals' which centred around their communist fanatic father Adolph "Ralph" Miliband.
Listening to Ed Miliband speak at PMQ's one has to wonder if he is of this planet or if he thinks that the watching public are as terminally stupid as his core followers. It is almost as if the their thirteen years of devastation didn't happen. They are all in denial about about the mayhem they have caused and the lives they have ruined.
In his attempt to portray David Cameron as out of touch he and his backbench lickspittles orchestrated an attempt to paint a picture of Great Britain as mired in poverty of Dickensian proportions.
Their ludicrous claim is that this poverty is a direct result of the governments' heartless policies that they put in place to cure an economic crisis which, according to Miliband and Balls, all started in evil capitalist America.
This nonsense is as embarrassing as it is insulting. The picture they painted was of the noble poor who were so destitute they were relying on food banks for their basic nourishment. They talked about ragged children turning up for school hungry and begging scraps of food from their teachers. Then there were children riddled with diseases that are associated with poverty such as TB and rickets.
These supposedly unwashed, uncared for, malnourished victims of the government's attempt to save the country from bankruptcy on the backs of the poor and downtrodden.
Then of course to cap it all there was the inevitable and thoroughly threadbare mantra about tax cuts for millionaires paid for by starving diseased schoolchildren and their destitute parents.
Those of us who have lived and worked in the undeveloped world will have seen real poverty, real starvation and real disease first hand. Ed Miliband's attempt at portraying Great Britain in such terms is ridiculous and insulting but typical of a modern 'progressive' politician who needs poverty to justify his perverted ideology.
Ed Miliband nor any of his lickspittles mentioned the fact that almost every British kid nowadays owns an IPhone, an XBox or wears designer trainers and who, unlike the real poor of the world, have access to clean water, welfare, free education, free housing and free healthcare.
Ed Miliband's justification for this Dickensian nonsense was the sensible plan for the government to cap the increase in welfare payments to 1% in line with public sector pay to help to cut the welfare budget which the country can't afford.
I can't claim to be the next Nostradamus but it would appear that my previous post: Fundamental Transformation, Progressivism For Beginners is not only true but prophetic. Ed Milband's 'progressive' rhetoric was exactly as I predicted.
Myth No 1 - Poverty, Ed Miliband gave us visions of poverty in spades.
Myth No 2 - Victims, Ed gave us those also and the most emotionally evocative victims to boot i.e starving, diseased children.
Myth No 3 - Villains, Like a stuck record and ignoring the fact that he is one himself, hypocrite Ed gave us millionaires not paying their fair share.
Myth No 4 - Compliant Media, Ed Miliband gave us this Dickensian poverty nonesense on global television raising eyebrows among the global 'progressives' who believe as Ed Miliband does, that the answer to everything is for the government to tax and spend more.
I have written previously about Cameron and his gang being remote and unable to identify with the people they are supposed to be representing but Ed Miliband is in no position to criticise as he is from a similar remote elite albeit from the communist end of the political spectrum.
If the latest polls are to be believed then Ed Miliband will be the next Prime Minister and Ed Balls will take over the economy, at that point the fundamental transformation of Great Britain from a one time global superpower to a third world banana republic will be complete and may the Lord have mercy on us all.
Wednesday, December 12, 2012
Europe Goes Over The Fiscal Cliff, Guilty Men Go Free
Honest and responsible people when considering whether to make a purchase such as a house, a car or a new refrigerator are obliged to take time out in order to analyse their financial position.
This analysis revolves around the individuals' monthly income and expenditure eventually hinging on borrowing together with the affordability of loan repayments.
This also applies to businesses from the smallest convenience store to the biggest corporations. Every aspect of the balance sheet and the finances are investigated and all the possible assumptions and projections are factored into the calculation. Whatever the case, the laws of arithmetic will always apply and however much a particular product is desired, if it doesn't fit the financial analysis then the purchase is not made or a more affordable alternative is sought.
There are alternatives ways to acquire the products we may desire such as stealing them, stealing the money to buy them or by borrowing the money outside the rules of arithmetic regardless of the consequences. Such behaviour as we know, is irresponsible, dishonest and in many cases illegal.
In most cases there is no physical harm done and the amounts of money are relatively small but there are victims and they deserve to see the perpetrators brought to justice.
People and business owners engaging in such behaviour are punished either by fines and penalties or sanctions such as being disbarred from running a business and in some cases transgressors have been sentenced to prison.
Politicians engaging in such behaviour, and worse, are rarely punished, in fact the opposite is often true, they are rewarded with a non job which usually attracts a taxpayer funded salary with accompanying allowances and expenses or they are allowed to retire with their gold plated, index linked, taxpayer funded pensions the size of which is beyond the comprehension of the average elector they represent.
Despite being surrounded by the devastation they have caused politicians often carry on in their current position as if nothing as happened.
In the previous article it was revealed how 'progressive' career politician George Papandreou, the man who ignored the arithmetic in order to impose his perverted socialist ideology on the Greek people, destroyed the economy and impoverished the whole nation is now feted around the world as a wise elder statesman.
Perversely, George Papandreou has been appointed as a lecturer at the prestigious Harvard University in the USA lecturing students on debt and governance!
Greece and Papandreou was not an isolated case so the following is an update on the other incompetent politicians who's economic crimes are as bad if not worse than Papandreou and who also got away with their wanton destruction unpunished.
Great Britains' Gordon Brown and his thuggish enforcer Ed Balls were responsible for the unfunded expansion of the state, increasing borrowing beyond what the nation could afford and increasing the national debt to such an extent that future generations will be stuck with consequences long after Brown and Balls have met their maker.
When Gordon Brown was Chancellor of the Exchequer and sidekick Balls was Treasury Secretary they continually preached prudence while they were emptying the coffers. They repeated the claim that they had abolished boom and bust right up until the day that the economy went..... er.. bust.
They expanded welfare entitlements and made them available to ever more people while taxing the British people to saturation point. Their incompetence is as bad if not worse than the hapless Papandreou. To cap it all, like George the Greek, they are both hard left uncompromising socialists.
Gordon Brown was kicked out of office but remains a Member of Parliament and continues to claim his MP's salary, allowances and expenses even though he doesn't attend the House. It has been a year since he last spoke in the House and his absence has effectively disenfranchised his constituents who are currently without democratic representation.
Gordon Brown travels the world making huge amounts of money by using the contacts he acquired while in Office. His earnings are channelled into his private company where they remain opaque to scrutiny from the people and the tax inspectors.
Gordon Brown the uncompromising socialist and scourge of the wealthy is on course to becoming one of the millionaires he claims to despise.
Ed Balls remains an MP and is the Shadow Chancellor of the Exchequer. He is married to Shadow Home Secretary Evette Cooper, so with their combined taxpayer funded ministerial salaries, allowances and expenses they are seriously rich.
They are rich enough not to suffer from the consequences of their socialist policies that have impoverished the people they claim to represent.
Staying true to his socialist ideology Ed Balls opposes any policy which seeks to put right the damage he has done and he openly campaigns for more tax, borrow, spend and debt. If a general election were to be held tomorrow the polls indicate that in an act of suicidal stupidity the British people would elect the Labour Party into office and Ed Balls would take back control of the economy.
...............................................................................................
The descent of Ireland into bankruptcy and poverty was engineered by *Brian 'Biffo' Cowen, a boozer and pot smoker who was part of a political family which included his father and brother. As previously reported 'Biffo' Cowen ignored the rules of arithmetic and went on an unprecedented spending spree, spraying taxpayers on welfare entitlements and tax cuts in a successful attempt to bribe the voters.
He also increased the pay and perks of Irish legislators to the point where they were the highest paid in Euroland. As Biffo well knew this was financed by borrowing that would impoverish the Irish people for generations.
Biffo's punishment consists of spending more time with his family financed by a gold plated, taxpayer funded pension of $215,000 per year. The prevailing wisdom is that Biffo will lay low for a while before returning to public life and the gravy train.
(* I have been reliably informed that the initials BIFFO stand for Big Ingnorant F*cker From O'Falley)
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Italian politics has been mired in corruption for as long as anyone can remember and its only contribution to the global political scene is to provide us all with entertainment. Italy's reputation as an international laughing stock was confirmed with the election of multi billionaire entrepreneur and playboy Silvio Berlisconi as their Prime Minister.
His time in office has been mired in scandal and the list of alleged crimes and misdemeanors include:
Abuse of office, Mafia collusion, false accounting, tax fraud, bribery, procuring under age girls for sex etc.
Observers of the political scene consider this to be standard behaviour for all modern politicians and in Italy it is positively an electoral advantage.
While Berlisconi was busy enjoying his wealth and celebrity his government was borrowing and spending Italy into bankruptcy racking up debts of 121% of GDP. The irony is that if Berlisconi ran his business enterprises like he ran the Italian economy he would be destitute.
Berlisconi was removed from office in a European Union coup and replaced by a Gauleiter. He is currently enjoying his billions but has indicated he is planning to stand for office in the next election.
...............................................................................................
The Spanish economic performance was proceeding normally but started to head south in 2004 with the election of Jose Zapatero of the Spanish Socialist Workers Party. While his government was busy ignoring the economic arithmetic and spending Spain to the edge of bankruptcy, Zapatero was busy with the global socialist priorities of removing Spanish troops from Iraq, continuing the war on tobacco and legislating for homosexual marriage.
Zapatero did not stand for re-election in 2011 but remains on the political scene as a member of the Spanish Council of State which is a consultative body for the government.
.................................................................................................
Any analysis of the mismanagement of European national economies can not be completed without scrutiny of the European Union and its leaders.
Briefly, the EU was the idea of post war 'progressive' politicians who dreamt of a socialist federal superstate that would compete with, and ultimately destroy, the hated United States of America together with its free enterprise system based on individual liberty and prosperity.
The EU is based on the old soviet model where power is centralised and used to control all aspects of life, public, private and economic. The EU bureaucracy churns out thousands of regulations every day to achieve this end.
The EU autocrats also believe that the transferring of sovereignty by stealth year on year will facilitate the eventual destruction of the nation states and lead to their goal of 'ever closer union' toward the superstate of their dreams.
The current leaders of this autocracy are the President of the European Parliament the life long German socialist thug Martin Shultz, the President of the European Commission, Portuguese autocrat and self confessed Maoist Jose Manuel Barosso and the President of the European Council the sinister Belgian totalitarian Herman von Rumpoy.
These three autocrats enjoy powerful positions that gives them control over the lives of half a billion people and yet none of them are elected and they cannot be removed electorally by the people they govern.
On the economic front the European Union is such a cesspit of corruption that its own accounts have not been signed off by the auditors for nineteen straight years.
In spite of this corruption and the fact that the European countries are suffering from economic collapse, insolvency, poverty and budget deficits, these three autocrats insist on growing the budget by substantially increasing the contributions paid by the member states.
The logic of these three lunatics is beyond comprehension.
They are insisting that the bankrupt countries who borrowed and spent themselves into oblivion and who are forced as a result to impose severe austerity programmes at home are being ordered to borrow more money and hand it over to the institutionally corrupt European Union which has not had its accounts signed off for nineteen years!
This insanity will drive these indebted countries further into poverty and for a longer period. It appears that the suffering of people of Europe will not come between these autocrats and their nation building agenda.
To the suffering people of Europe all of these politicians are no better than criminals who have escaped not only justice, but the consequences of their financially incontinent behaviour.
We can only live in hope that one day justice will prevail and they will be held responsible for the devastation they have caused.
This analysis revolves around the individuals' monthly income and expenditure eventually hinging on borrowing together with the affordability of loan repayments.
This also applies to businesses from the smallest convenience store to the biggest corporations. Every aspect of the balance sheet and the finances are investigated and all the possible assumptions and projections are factored into the calculation. Whatever the case, the laws of arithmetic will always apply and however much a particular product is desired, if it doesn't fit the financial analysis then the purchase is not made or a more affordable alternative is sought.
There are alternatives ways to acquire the products we may desire such as stealing them, stealing the money to buy them or by borrowing the money outside the rules of arithmetic regardless of the consequences. Such behaviour as we know, is irresponsible, dishonest and in many cases illegal.
In most cases there is no physical harm done and the amounts of money are relatively small but there are victims and they deserve to see the perpetrators brought to justice.
People and business owners engaging in such behaviour are punished either by fines and penalties or sanctions such as being disbarred from running a business and in some cases transgressors have been sentenced to prison.
Politicians engaging in such behaviour, and worse, are rarely punished, in fact the opposite is often true, they are rewarded with a non job which usually attracts a taxpayer funded salary with accompanying allowances and expenses or they are allowed to retire with their gold plated, index linked, taxpayer funded pensions the size of which is beyond the comprehension of the average elector they represent.
Despite being surrounded by the devastation they have caused politicians often carry on in their current position as if nothing as happened.
In the previous article it was revealed how 'progressive' career politician George Papandreou, the man who ignored the arithmetic in order to impose his perverted socialist ideology on the Greek people, destroyed the economy and impoverished the whole nation is now feted around the world as a wise elder statesman.
Perversely, George Papandreou has been appointed as a lecturer at the prestigious Harvard University in the USA lecturing students on debt and governance!
Greece and Papandreou was not an isolated case so the following is an update on the other incompetent politicians who's economic crimes are as bad if not worse than Papandreou and who also got away with their wanton destruction unpunished.
Great Britains' Gordon Brown and his thuggish enforcer Ed Balls were responsible for the unfunded expansion of the state, increasing borrowing beyond what the nation could afford and increasing the national debt to such an extent that future generations will be stuck with consequences long after Brown and Balls have met their maker.
When Gordon Brown was Chancellor of the Exchequer and sidekick Balls was Treasury Secretary they continually preached prudence while they were emptying the coffers. They repeated the claim that they had abolished boom and bust right up until the day that the economy went..... er.. bust.
They expanded welfare entitlements and made them available to ever more people while taxing the British people to saturation point. Their incompetence is as bad if not worse than the hapless Papandreou. To cap it all, like George the Greek, they are both hard left uncompromising socialists.
Gordon Brown was kicked out of office but remains a Member of Parliament and continues to claim his MP's salary, allowances and expenses even though he doesn't attend the House. It has been a year since he last spoke in the House and his absence has effectively disenfranchised his constituents who are currently without democratic representation.
Gordon Brown travels the world making huge amounts of money by using the contacts he acquired while in Office. His earnings are channelled into his private company where they remain opaque to scrutiny from the people and the tax inspectors.
Gordon Brown the uncompromising socialist and scourge of the wealthy is on course to becoming one of the millionaires he claims to despise.
Ed Balls remains an MP and is the Shadow Chancellor of the Exchequer. He is married to Shadow Home Secretary Evette Cooper, so with their combined taxpayer funded ministerial salaries, allowances and expenses they are seriously rich.
They are rich enough not to suffer from the consequences of their socialist policies that have impoverished the people they claim to represent.
Staying true to his socialist ideology Ed Balls opposes any policy which seeks to put right the damage he has done and he openly campaigns for more tax, borrow, spend and debt. If a general election were to be held tomorrow the polls indicate that in an act of suicidal stupidity the British people would elect the Labour Party into office and Ed Balls would take back control of the economy.
...............................................................................................
The descent of Ireland into bankruptcy and poverty was engineered by *Brian 'Biffo' Cowen, a boozer and pot smoker who was part of a political family which included his father and brother. As previously reported 'Biffo' Cowen ignored the rules of arithmetic and went on an unprecedented spending spree, spraying taxpayers on welfare entitlements and tax cuts in a successful attempt to bribe the voters.
He also increased the pay and perks of Irish legislators to the point where they were the highest paid in Euroland. As Biffo well knew this was financed by borrowing that would impoverish the Irish people for generations.
Biffo's punishment consists of spending more time with his family financed by a gold plated, taxpayer funded pension of $215,000 per year. The prevailing wisdom is that Biffo will lay low for a while before returning to public life and the gravy train.
(* I have been reliably informed that the initials BIFFO stand for Big Ingnorant F*cker From O'Falley)
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Italian politics has been mired in corruption for as long as anyone can remember and its only contribution to the global political scene is to provide us all with entertainment. Italy's reputation as an international laughing stock was confirmed with the election of multi billionaire entrepreneur and playboy Silvio Berlisconi as their Prime Minister.
His time in office has been mired in scandal and the list of alleged crimes and misdemeanors include:
Abuse of office, Mafia collusion, false accounting, tax fraud, bribery, procuring under age girls for sex etc.
Observers of the political scene consider this to be standard behaviour for all modern politicians and in Italy it is positively an electoral advantage.
While Berlisconi was busy enjoying his wealth and celebrity his government was borrowing and spending Italy into bankruptcy racking up debts of 121% of GDP. The irony is that if Berlisconi ran his business enterprises like he ran the Italian economy he would be destitute.
Berlisconi was removed from office in a European Union coup and replaced by a Gauleiter. He is currently enjoying his billions but has indicated he is planning to stand for office in the next election.
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The Spanish economic performance was proceeding normally but started to head south in 2004 with the election of Jose Zapatero of the Spanish Socialist Workers Party. While his government was busy ignoring the economic arithmetic and spending Spain to the edge of bankruptcy, Zapatero was busy with the global socialist priorities of removing Spanish troops from Iraq, continuing the war on tobacco and legislating for homosexual marriage.
Zapatero did not stand for re-election in 2011 but remains on the political scene as a member of the Spanish Council of State which is a consultative body for the government.
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Any analysis of the mismanagement of European national economies can not be completed without scrutiny of the European Union and its leaders.
Briefly, the EU was the idea of post war 'progressive' politicians who dreamt of a socialist federal superstate that would compete with, and ultimately destroy, the hated United States of America together with its free enterprise system based on individual liberty and prosperity.
The EU is based on the old soviet model where power is centralised and used to control all aspects of life, public, private and economic. The EU bureaucracy churns out thousands of regulations every day to achieve this end.
The EU autocrats also believe that the transferring of sovereignty by stealth year on year will facilitate the eventual destruction of the nation states and lead to their goal of 'ever closer union' toward the superstate of their dreams.
The current leaders of this autocracy are the President of the European Parliament the life long German socialist thug Martin Shultz, the President of the European Commission, Portuguese autocrat and self confessed Maoist Jose Manuel Barosso and the President of the European Council the sinister Belgian totalitarian Herman von Rumpoy.
These three autocrats enjoy powerful positions that gives them control over the lives of half a billion people and yet none of them are elected and they cannot be removed electorally by the people they govern.
On the economic front the European Union is such a cesspit of corruption that its own accounts have not been signed off by the auditors for nineteen straight years.
In spite of this corruption and the fact that the European countries are suffering from economic collapse, insolvency, poverty and budget deficits, these three autocrats insist on growing the budget by substantially increasing the contributions paid by the member states.
The logic of these three lunatics is beyond comprehension.
They are insisting that the bankrupt countries who borrowed and spent themselves into oblivion and who are forced as a result to impose severe austerity programmes at home are being ordered to borrow more money and hand it over to the institutionally corrupt European Union which has not had its accounts signed off for nineteen years!
This insanity will drive these indebted countries further into poverty and for a longer period. It appears that the suffering of people of Europe will not come between these autocrats and their nation building agenda.
To the suffering people of Europe all of these politicians are no better than criminals who have escaped not only justice, but the consequences of their financially incontinent behaviour.
We can only live in hope that one day justice will prevail and they will be held responsible for the devastation they have caused.
Friday, October 26, 2012
Ed Balls Exposed As A Liar - So What As He Would Say
As any follower of British politics will be aware Labour member, Shadow Chancellor and ignorant political thug Ed Balls is in the top three of the most obnoxious Members of Parliament ever.
He is also one of the most incompetent. Together with the madman Gordon Brown he trashed the entire British economy resulting a massive structural deficit and raising the nations debt to unprecedented levels.
In his arrogance he is quick to deny any responsibility, blaming everyone from the wicked bankers to the Americans.
It wasn't the bankers or the Americans it was Brown and Balls' deliberate economic policy that destroyed the private sector final salary pension schemes, it wasn't the bankers or the Americans that sold half of Great Britain's gold reserves at the bottom of the market at a cost of some 16 billion, nor did the Americans increase welfare dependency by expanding entitlements.
It was Brown and Balls who borrowed record sums of money at the top of the economic cycle to expand the unreformed public sector instead of preparing for the economic downturn and credit crisis that everyone knew was coming.
Since his party was booted out of office Ed Balls has been sticking to the line that Brown and himself are as pure as the driven snow and they didn't do anything wrong while they were in charge of the economy, the deficit came about because of the recession blah blah blah!
It's all spin, deceit, lies and more spin. He doesn't know any different, he only knows how to spin, lie and deceive, it's in his DNA.
Therefore it was a joy to watch a stuttering, sweaty Ed Balls squirming in his seat as Andrew Neil exposed him as a liar on his Sunday talk show.
Balls claimed on the Andrew Marr show in January 2011 that there was no structural deficit prior to the recession. When confronted by the IMF figures from 07 (pre recession) that there was indeed an 73 billion deficit, he tried to claim he didn't deny the deficit to Marr despite there being a recording of him denying it.
To our double joy we got a repeat performance when he tried the same line with Adam Boulton on Sky later in the day and he got skewered again.
Ed Balls is obviously too stupid to learn from his previous mistake or he just doesn't know how to come clean and tell the truth.
I don't know anyone in the world that doesn't get some kind of pleasure out of watching bullies and thugs like Balls get their just desserts. I certainly enjoyed watching the lying bastard get found out.
Well done Andrew Neil and Adam Boulton.
He is also one of the most incompetent. Together with the madman Gordon Brown he trashed the entire British economy resulting a massive structural deficit and raising the nations debt to unprecedented levels.
In his arrogance he is quick to deny any responsibility, blaming everyone from the wicked bankers to the Americans.
It wasn't the bankers or the Americans it was Brown and Balls' deliberate economic policy that destroyed the private sector final salary pension schemes, it wasn't the bankers or the Americans that sold half of Great Britain's gold reserves at the bottom of the market at a cost of some 16 billion, nor did the Americans increase welfare dependency by expanding entitlements.
It was Brown and Balls who borrowed record sums of money at the top of the economic cycle to expand the unreformed public sector instead of preparing for the economic downturn and credit crisis that everyone knew was coming.
Since his party was booted out of office Ed Balls has been sticking to the line that Brown and himself are as pure as the driven snow and they didn't do anything wrong while they were in charge of the economy, the deficit came about because of the recession blah blah blah!
It's all spin, deceit, lies and more spin. He doesn't know any different, he only knows how to spin, lie and deceive, it's in his DNA.
Therefore it was a joy to watch a stuttering, sweaty Ed Balls squirming in his seat as Andrew Neil exposed him as a liar on his Sunday talk show.
Balls claimed on the Andrew Marr show in January 2011 that there was no structural deficit prior to the recession. When confronted by the IMF figures from 07 (pre recession) that there was indeed an 73 billion deficit, he tried to claim he didn't deny the deficit to Marr despite there being a recording of him denying it.
To our double joy we got a repeat performance when he tried the same line with Adam Boulton on Sky later in the day and he got skewered again.
Ed Balls is obviously too stupid to learn from his previous mistake or he just doesn't know how to come clean and tell the truth.
I don't know anyone in the world that doesn't get some kind of pleasure out of watching bullies and thugs like Balls get their just desserts. I certainly enjoyed watching the lying bastard get found out.
Well done Andrew Neil and Adam Boulton.
Wednesday, October 3, 2012
David Blunkett - Insulting To Our Intelligence
I read an article in the Daily Wail entitled ' British politicians have rarely been so ridiculed and despised and that should worry us all'. It was written by senior labour party big shot, former cabinet member and socialist hypocrite David Blunkett who was revisiting a previous pamphlet entitled ' In Defence of Politics.
Its a pathetic, dishonest article, bleating on about how the decline in trust for politicians and ministers has resulted in a subsequent decline in the authority of parliament. He further bleats that politicians are a despised breed and held up for constant ridicule. He briefly mentions the expenses scandal and the wrecking of the economy as possible reasons but his main thrust is that this 'malaise is a threat to the governance of our country and a threat to democracy itself.
Who is this political fraudster trying to kid? The people's respect for politicians was on the skids long before the expenses scandal broke. This scandal proved what the people knew already, that the political class have no respect for the people they are supposed to serve and no respect whatsoever for their hard earned money. As far as David Blunkett and the rest of the shysters are concerned taxpayers money is theirs to spend as they see fit and for buying votes for their continuance in power.
More worryingly they believe there's an endless supply of it and when the supply of ready cash runs out, no problem they will just borrow billions more from China and our enemies and leave our children and grandchildren pick up the bill.
David Blunkett didn't raise a bleep of protest when the mentally disturbed, power hungry fanatic Gordon Brown systematically went on a taxpayer funded spending binge and who increased borrowing and debt at the top of the economic cycle when he should have been preparing for the downturn we all knew was coming.
There was not a squeak of protest from David Blunkett when Brown and Balls wantonly wrecked the best final salary pension schemes in the whole of Europe or when the two morons sold half of Great Britain's gold reserves for a rock bottom price costing the British people an estimated £16 billion.
Where was David Blunkett's concern for democracy when the megalomaniac Brown was foisted on the British people as their Prime Minister without a single popular being vote cast.
David Blunkett moans about the threat to democracy but he was a willing partner in a government that has handed over ever more of our sovereignty to the unelected, unrepentant Maoist Barrosso and that other appointed totalitarian Herman von Rumpoy who has openly stated he wants to destroy Great Britain as an independent sovereign country.
David Blunkett's concern for democracy couldn't stretch itself to opposing Peter Mandelson's calls for a government built for the European Union in a post democratic age.
David Blunkett has the gall to mention Philip Gould in glowing terms, referring to him as ' the brilliant labour party strategist'. That's not how I remember the guttersnipe.
Together with Alastair 'Dodgy Dossier' Campbell, Peter Mandelson and Phony Tony Blair, this is the man who was responsible for dragging British political life into the sewer where it remains to this day.
Gould's sole purpose in life was to achieve political power for Labour and keep it for all time. Thus we now have spin doctors, media managers, rebuttal units, centrally controlled 'lines to take' by our supine MP's. These manipulators divided the country up into special interest groups with each group cast as victims and then made promises unique to themselves in exchange for their votes.
Probably the most disgusting of all tools Gould and company gave us is the smear unit. These units are used to belittle, degrade and smear opponents or even perceived opponents of their tawdry regime.
So bad was Philip Gould and his fellow power hungry plotters that the smear units were often used against their own side. Thus we have the indignity of government ministers being briefed against and smeared by their own side.
David Blunkett's article is not contrition or a warning against extremism filling the vacuum left by the people ignoring a disrespected political class, it is a crude attempt at justifying their continuing existence.
Hence we have the ridiculous and outrageous lie that '' following the financial crisis, politicians were the ones that saved the Western world from complete financial meltdown in those dark days of 2008''.
So there you have it, David Blunkett and the politicians saved the world from complete disaster.
We don't know how lucky we are.
Does David Blunkett seriously think we are going to fall for this nonsense? Is this is what the elite, out of touch political class think of our intelligence?
It wasn't the people of Greece or the bankers that spent their country into oblivion it was Papandreou and his politicians, it was the terminally stupid Biffo and the politicians who did the same in Ireland, it was Berlisconni and the politicians in Italy and likewise Spain, Portugal and rest of the beleaguered Euroland.
More importantly for us it was with David Blunketts' approval that Gordon Brown, Ed Balls and the Labour politicians that spent Great Britain into bankruptcy.
The sub-prime mortgage scandal in America was directly caused by politicians interfering in the mortgage market, insisting that home loans be made to people who had no chance of repayment.
David Blunkett then goes on to suggest a solution or how to reconnect with the public and restore their faith in the political process. This is breath taking hypocrisy and I consider this section of this nonsense to be a bigger insult to my intelligence than the rest of his shameful article.
'' the first step is to be honest with the public. Politicians' habits of deceit and dissembling have exacted a terrible toll''.
This quote is an admission that David Blunkett and the political class deliberately and routinely lied to the British public in order to impose their ideologically driven political agenda.
To atone for this appalling admission he at least must step down with immediate effect and call a by election in his constituency. As a senior member of the last administration he has inside knowledge of all the other politicians who have deliberately lied and must convince them to do the same.
If David Blunkett wants the political class to start again and begin a new relationship with the governed then it will have have to be without him and the current political order. He and they are responsible for the current sad state of our country and its wrecked economy.
They have systematically and routinely lied to the people and they must go.
I for one will never trust these arrogant, lying, self serving bastards ever again.
Its a pathetic, dishonest article, bleating on about how the decline in trust for politicians and ministers has resulted in a subsequent decline in the authority of parliament. He further bleats that politicians are a despised breed and held up for constant ridicule. He briefly mentions the expenses scandal and the wrecking of the economy as possible reasons but his main thrust is that this 'malaise is a threat to the governance of our country and a threat to democracy itself.
Who is this political fraudster trying to kid? The people's respect for politicians was on the skids long before the expenses scandal broke. This scandal proved what the people knew already, that the political class have no respect for the people they are supposed to serve and no respect whatsoever for their hard earned money. As far as David Blunkett and the rest of the shysters are concerned taxpayers money is theirs to spend as they see fit and for buying votes for their continuance in power.
More worryingly they believe there's an endless supply of it and when the supply of ready cash runs out, no problem they will just borrow billions more from China and our enemies and leave our children and grandchildren pick up the bill.
David Blunkett didn't raise a bleep of protest when the mentally disturbed, power hungry fanatic Gordon Brown systematically went on a taxpayer funded spending binge and who increased borrowing and debt at the top of the economic cycle when he should have been preparing for the downturn we all knew was coming.
There was not a squeak of protest from David Blunkett when Brown and Balls wantonly wrecked the best final salary pension schemes in the whole of Europe or when the two morons sold half of Great Britain's gold reserves for a rock bottom price costing the British people an estimated £16 billion.
Where was David Blunkett's concern for democracy when the megalomaniac Brown was foisted on the British people as their Prime Minister without a single popular being vote cast.
David Blunkett moans about the threat to democracy but he was a willing partner in a government that has handed over ever more of our sovereignty to the unelected, unrepentant Maoist Barrosso and that other appointed totalitarian Herman von Rumpoy who has openly stated he wants to destroy Great Britain as an independent sovereign country.
David Blunkett's concern for democracy couldn't stretch itself to opposing Peter Mandelson's calls for a government built for the European Union in a post democratic age.
David Blunkett has the gall to mention Philip Gould in glowing terms, referring to him as ' the brilliant labour party strategist'. That's not how I remember the guttersnipe.
Together with Alastair 'Dodgy Dossier' Campbell, Peter Mandelson and Phony Tony Blair, this is the man who was responsible for dragging British political life into the sewer where it remains to this day.
Gould's sole purpose in life was to achieve political power for Labour and keep it for all time. Thus we now have spin doctors, media managers, rebuttal units, centrally controlled 'lines to take' by our supine MP's. These manipulators divided the country up into special interest groups with each group cast as victims and then made promises unique to themselves in exchange for their votes.
Probably the most disgusting of all tools Gould and company gave us is the smear unit. These units are used to belittle, degrade and smear opponents or even perceived opponents of their tawdry regime.
So bad was Philip Gould and his fellow power hungry plotters that the smear units were often used against their own side. Thus we have the indignity of government ministers being briefed against and smeared by their own side.
David Blunkett's article is not contrition or a warning against extremism filling the vacuum left by the people ignoring a disrespected political class, it is a crude attempt at justifying their continuing existence.
Hence we have the ridiculous and outrageous lie that '' following the financial crisis, politicians were the ones that saved the Western world from complete financial meltdown in those dark days of 2008''.
So there you have it, David Blunkett and the politicians saved the world from complete disaster.
We don't know how lucky we are.
Does David Blunkett seriously think we are going to fall for this nonsense? Is this is what the elite, out of touch political class think of our intelligence?
It wasn't the people of Greece or the bankers that spent their country into oblivion it was Papandreou and his politicians, it was the terminally stupid Biffo and the politicians who did the same in Ireland, it was Berlisconni and the politicians in Italy and likewise Spain, Portugal and rest of the beleaguered Euroland.
More importantly for us it was with David Blunketts' approval that Gordon Brown, Ed Balls and the Labour politicians that spent Great Britain into bankruptcy.
The sub-prime mortgage scandal in America was directly caused by politicians interfering in the mortgage market, insisting that home loans be made to people who had no chance of repayment.
David Blunkett then goes on to suggest a solution or how to reconnect with the public and restore their faith in the political process. This is breath taking hypocrisy and I consider this section of this nonsense to be a bigger insult to my intelligence than the rest of his shameful article.
'' the first step is to be honest with the public. Politicians' habits of deceit and dissembling have exacted a terrible toll''.
This quote is an admission that David Blunkett and the political class deliberately and routinely lied to the British public in order to impose their ideologically driven political agenda.
To atone for this appalling admission he at least must step down with immediate effect and call a by election in his constituency. As a senior member of the last administration he has inside knowledge of all the other politicians who have deliberately lied and must convince them to do the same.
If David Blunkett wants the political class to start again and begin a new relationship with the governed then it will have have to be without him and the current political order. He and they are responsible for the current sad state of our country and its wrecked economy.
They have systematically and routinely lied to the people and they must go.
I for one will never trust these arrogant, lying, self serving bastards ever again.
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