Thursday, September 30, 2010
The Euro-currency was France's price for German Reunification - Der Spiegel
Labels: Euro collapse
Trichet and Ireland.
Labels: Euro collapse
IMF warned of abrupt UK Housing Crash in 2003!
Thursday, September 18, 2003
UK Housing Crash warns IMF According to the IMF as reported in The Independent Tony Blair would do better to stay home this weekend and worry about the economy in what is supposed to be 'his country' IMF sounds alert over housing crash The IMF said soaring housing markets posed a threat in the UK, US, Australia, Ireland and the Netherlands, warning that "the risk of an abrupt unwinding cannot yet be ruled out".
posted by Martin at 9/18/2003 11:09:00 PM +++++ Well folks seven years, yes that is correct a full seven years on it looks as though "an abrupt unwinding" is what we are about to get.Eamon, things are not all right in Dublin!
Labels: Anglo Irish, Growth and Stability Pact, Ireland Constitutional Crisis, Lisbon Treaty
Jail for Gordon Brown!
Labels: Brown Levy, Gordon Brown, Jail Brown, UK House price crash
Wednesday, September 29, 2010
How are things in Dublin ... Eamon? Monty Python remembered!
(As she puts the phone down the front door beside her opens and there stands a huge African warrior in war paint and with a spear and shield. At his feet are several smart suitcases.)
Eamonn: Mummy!
Mrs Little: Eamonn. (he brings in the cases and doses the front door) Mervyn! Look it's our Eamonn - oh let me look at you, tell me how... how is it in Dublin?
Eamonn: Well, things is pretty bad there at the moment but there does seem some hope of a constitutional settlement.
+++++
I wonder if things will be so hopeful or so funny tomorrow?
Labels: Euro collapse
EEAS - The EU Diplomatic Service - Why?
Fringe Meeting, Austin Court, Tuesday Oct 5th, 9:00 a.m.
Back in July we were voting in the Strasbourg Plenary on the proposal to set up the EEAS -- the European External Action Service, or EU Diplomatic Service (under the wise and guiding hand of Baroness Ashton). And looking down the voting list, I and a couple of colleagues saw that we were whipped to vote in favour.
It had to be a mistake. As a Party, we've always opposed the EEAS, and we opposed the Lisbon Treaty which provided its legal basis (or at least we opposed Lisbon until it was ratified). But clearly we would not actually be voting in favour -- would we?
I turned round to our Foreign Affairs Spokesman (at least we still regard EU issues as foreign, even if Brussels regards them as domestic), Charles Tannock MEP (London), two rows behind me, and I shouted "Hey Charles, there's a mistake. We're down to vote YES on EEAS!". To which he replied "That's right. Instructions from London". Shocked, I immediately voted NO anyway, as did Nirj Deva and Dan Hannan. And to their credit, several other colleagues, although caught by surprise, at least had the presence of mind to abstain.
So which way now for euro-sceptics in the Party (which is most of the membership)? I have written to William Hague requesting an explanation of this volte face, but to date have received no reply. There's more to this -- much more. So come and hear Nirj and me talk about it at our fringe meeting in The Freedom Zone (co-sponsored with The Freedom Assn) at 9:00 a.m. (if you can make it that early!), in Austin Court, right alongside the main Conference venue (but outside the security zone).
More on TFA at http://www.tfa.net/the_
Labels: EEAS
Liam Fox must resign if defence cuts continue
Labels: British cuts
Tuesday, September 28, 2010
New Labour Leader, Ed Miliband, silent on the EU
Labels: Miliminor
Fannie, Freddie and Feddie
Labels: Fannie Mae
This man is risking your money!
Labels: Jean-Claude Trichet
EU flag of shame over the Ryder Cup
President Barroso to cheer on Team Europe at Ryder Cup 2010
President of the European Commission, Jose Manuel Barroso will be speaking at the opening ceremony of Ryder Cup 2010 golf competition between Europe and the United States. The ceremony will take place at 15h30, Thursday September 30th at Celtic Manor, Newport, Wales. The Ryder Cup is the one major sporting event where Europe plays as a single team. President Barroso will also attend the next morning's tee-off to cheer on the players. This will be the President's first visit to Wales and in the margins of the event he meet with the Welsh First Minister.
May the US victory be as complete and thoroughly demeaning as the EU deserves. Not so long ago this was a tournament of British players versus the USA, fitting I guess as Britain effectively no longer exists the EU should have effected this total power grab!Labels: An EU Ryder Cup.
ONS numbers confirm Labour tried to buy the General Election last May!
(Reuters) - The economy grew at its fastest pace in nine years in the second quarter of 2010 and growth in the first three months of the year was revised slightly higher, official data showed on Tuesday.
Analysts, however, said the pace of growth is likely to fall sharply given that it has relied heavily on a drop in household saving and a big rise in government spending.
It is incomprehensible to me that while what Brown and Darling clearly tried to rig here was a false mini-boom for the second quarter, which was the latest date the election could have been legally and feasibly held, yet these two shady wreckers of the British economy are still walking the streets as free men! If lawyers are at a loss of where to start, given all these men accomplished in wrecking the nation (thus finishing the job their forebears begain with an independent Scotland) may I suggest they look at the flogging off of the Inland Revenue offices to a tax haven company based overseas, fully detailed in back issues of Private Eye magazine. Footnote: A later report from Bloomberg, linked here, gives further evidence of the fiddling, I quote: In the third estimate of GDP for the second quarter, the statistics office revised up its measure of government-spending growth to 1 percent from 0.3 percent because of late data, mostly from central government. That was the biggest increase in six quarters.Labels: Brown immorality, MP Maggot Darling
Mr Beane, Deputy BoE Governor, OutBeans Atkinson!
Labels: Credit crunch
Monday, September 27, 2010
A Good Night Video for Mr Trichet at the ECB as he ponders his next steps over the PIGS
Labels: ECB, Euro collapse, Jean-Claude Trichet
Insight into the start of the panic over the Euro.
MARCUS WALKER, CHARLES FORELLE and BRIAN BLACKSTONE
The first part came this weekend linked here, titled EU set Secret Committee to save the Euro, a Dangerous Divide and the second today titled Currency Union Teetering, Mr Euro forced to Act, linked here. While the UK media was asleep on the job as usual during the crisis over the early days of last May this blog was doing its utmost to keep readers abreast of both the events and the deeper political skulduggery as seen through this blogger's eyes. As may be verified from our blog archives for last May, linked here, I blogged over 40 postings during this period, starting on the 1st May with one titled "Bond scalping begins . Is the EU nightmare soon to end" to "Economic Governance was always the EU objective" on the last day of May, linked here. Nothing in the EU is ever what it seems and rarely as it is reported in the UK, if you want to prepare for what is next heading your way, then why not join our small but savvy regular readership. YOUR DEMOCRACY HAS ALREADY BEEN STOLEN? WILL YOU STILL STAND SILENTLY BY AS THE NATION'S REMAINING WEALTH GOES THE SAME WAY?Labels: Euro collapse
Treasures from the threads - Number forty-seven
Sunday, September 26, 2010
Short sales of houses explained.
Labels: Short sales
Ireland's Mortgage Mess - Another warning for the UK
Labels: Fannie Mae, UK House Price Collapse, UK House price crash
A peaceful Sunday to All!
Saturday, September 25, 2010
Ireland's Government crumbles under Euro Currency death throes
The lesser of two Milibands!
Labels: Miliband Minor
A silver lining to the black cloud of Britain's debt?
Labels: Bank Crisis, Bank of England, Euro collapse
Friday, September 24, 2010
IMF Reform and the Euro - A case for renewed British Independence
Mr. Cameron also put in a lot of effort into wooing Ms. Merkel and Mr. Sarkozy ahead of the election, reassuring them that he would be a good member of the European leaders' club. This work has continued since he took office.
The position of the Coalition Government is therefore now strongly pro-EU. In fact one can clearly go so far as to say that it is heavily biased towards preserving the Euro at practically any cost, it having been stated that a Euro collapse would be a disaster for the UK given our entanglements. Van Rompuy of course is on record as stating the EU cannot survive without the Euro, although of course none care what he might say, his sole purpose being as a decorative but hugely expensive non-entity figurehead feeding the farce that the EU is a major world player. The figure he actually cuts betrays that myth perfectly. Cameron and Clegg had better wake-up. For what worth will a policy of preserving the Euro at any cost be worth when the ineviatble failure arrives? The purpose of Government is to prepare for the unexpected, up to the summer recess of Parliament the general european received wisdom was that the Euro would prevail. As September ends it is difficult to find any informed observer who would now expect the euro to survive in its present form. Britain has become used to Governments and politicians who have delegated governance elsewhere, that must end forthwith. In the coming days or weeks the unexpected (across the EU not just unexpected but the apparently unthinkable) will arrive, the emphasis of the entire British Cabinet should now therefore be how Britain itself, with its own precious independent currency (surviving largely thanks to those such as myself labelled as dangerous fruitcakes over many years) can best weather, if not take advantage of, the coming international financial chaos. Prime Minister Cameron is lowering his banner and conceding defeat to the EU at the very moment when victory in the form of national economic survival lies within his grasp! With economic independence regained from the EU can democracy be then far behind, can older, more reliable and more ancient blood ties with our former friends in our one time Dominions be re-awakened, in spite of the disgusting treachery of Edward Heath and those who have followed in his footsteps?Labels: Euro collapse
Thursday, September 23, 2010
Eurozone Double Dip Discerned
The economic outlook for the 16 countries in the euro zone is deteriorating, and growth in the region may come to a standstill in the fourth quarter.
Euro-zone private-sector output growth in September slowed beyond expectations to a seven-month low, preliminary results of a survey by data provider Markit showed Thursday.
Ireland, meanwhile, posted an unexpected decline in second-quarter gross domestic product. The country's GDP dropped 1.2% from the first quarter, dashing hopes that the economy had turned a corner.
Cast your minds back to the departure of ECB head Jean Claude Trichet at the press conference before his departure for a holiday, on which I posted on this blog "Smug and self-satisfied Trichet heads for St Malo" linked here, which included this paragraph: The silver tongued and similarly white-haired manipulator of markets, amongst whose many disgraceful battle honours can be numbered the Credit Lyonnaise collapse and the european Exchange Rate Mechanism fiasco, has neatly bluffed the markets, so that like all good eurocrats he can depart for his lengthy undeserved summer vacation, secure in the knowledge that the fog he has dispersed will remain mostly impenetrable until well after his return to Frankfurt. Well the Central Bankers have finally returned to work as the sun slips south across the equator and the fog, for a brief moment, before the winter chill forces a return, has dispersed and the true disaster area of the euro of which Trichet has for long been a prime architect, is clearly in its death throes. How could the ECB head have then gone on holiday, knowing what was in store for us all, after all, this blog got it spot on!Labels: ECB, Euro collapse, Jean-Claude Trichet
I see the loom of the DeutscheFranc just below the horizon.
Labels: Euro collapse
Wednesday, September 22, 2010
For which Nation does Nick Clegg speak at the UN?
Labels: Nick Clegg, Unemployment
Portuguese borrowing costs jump one whole percentage point
Labels: Credit crunch., David Cameron, Escudo, Euro collapse
Britain's pension disaster!
Labels: Our pensions
Why Britain is worst place to live in Europe!
Labels: Bankrupt Britain
Tuesday, September 21, 2010
Ashton - The Robber Baroness!
Labels: B***** Ashton, EEAS
"Panic begins to grip UK Housing Market"
"..... the house price to income ratio is twice its long term average. For it to revert to this long term level requires either a doubling of salaries or a halving of house prices. It is not hard to see which option is the more likely in the current age of austerity.
But this is going to be a major shock to the UK national psyche. The bubble has been forming so long it has become accepted as a new reality. Few younger property owners remember the 1990-3 house price crash. Corrections can and do happen even in a market where supply is as tight as in the UK housing market."
(Blog editor's added emphasis)Labels: UK House price crash
Monday, September 20, 2010
Sweden's established parties rocked as British Tea Party is formed
Labels: Economic collapse
Saturday, September 18, 2010
In memory of John Gouriet.
Labels: John Gouriet
Greatest Ever UK Traitors at Westminster Hall.
Labels: treason
Friday, September 17, 2010
The Irish Property & Banking Crisis
Labels: Credit crunch, Euro collapse, Pope Benedict's State Visit
Eurozone scalping its citizenry!
Labels: EU Scalping
Catholics cleverly manipulate Pope's schedule to maximise the impact of their conquest of England's Protestantism!
Labels: Pope Benedict's State Visit
The Quiller Memorandum
Labels: Pope Benedict's State Visit, Quiller
Thursday, September 16, 2010
China to get its foot in EU's door via Greek desperation
Thank God we have such a man to lead us!
Labels: Van Rompuy
England's ancient heartlands spared Pope's presence
Labels: Gildas, Pope Benedict's State Visit
Van Rompuy's summons to his minions
Labels: European Council
Wednesday, September 15, 2010
EU suffers defeat at the UN
The politics of the Pope's visit to Britain
Labels: Pope Benedict's State Visit
Tuesday, September 14, 2010
House Prices Emergency
Labels: Fannie Mae, UK House Price Collapse, Walkaways
Why cannot our politicians realise their duties are to the British?
Nick Clegg vows to lead way in new global poverty fight
Deputy prime minister to tell UN that Britain's aid programme will prioritise women in developing countries.
+++++
The second is from the Daily Telegraph, linked here:
+++++
Cuts will bring civil unrest, says police leader
Britain faces widespread civil unrest, strikes and more crime as a result of cuts in public spending, one of the country's leading police officers will warn.
+++++ Does anybody in politics detect a possible contradiction here, if there is blood on the streets of Britain will we be consoled by knowing that women in the third world have been prioritised by our numbskull coalition government?Monday, September 13, 2010
The EU rules our Seas
Labels: Rule Britannia
Treasures from the threads - Number forty-seven
Labels: Basel III
A good analysis of the EU crisis.
First, the economic health of our economy is inextricably tied to the economic health of the rest of the European Union. It is obviously in our interest that those to whom we sell over 60 per cent of our exports should be prosperous, providing a growing market for British goods. But perhaps of even greater importance is the financial stability of Europe. If the Eurozone were to collapse the resultant financial apocalypse would engulf us all.
Second, it has become evident over the past few weeks that the economic institutions of the European Union in general and of the Eurozone in particular require fundamental reform. Without major changes to the institutions of monetary and fiscal management the persistent weakness of the past decade will persist, (blog editor's note that is of course what persitent things tend to do ....persist) and we will all be buffeted by recurrent storms.
And my objection to the final paragraph which states the following:
It is becoming increasingly likely that the Eurozone will suffer a prolonged stagnation, not unlike the Japanese “lost decade” of the 1990s. That would be very bad news for Britain. A reassessment of economic policies and institutions is necessary throughout Europe. Britain should be taking a lead.
Well it is really just the final sentence, which in a sane world would read: Either "Britain should now leave this growing disasterof the EU centred around the eurozone." Or at the very least "Britain should be vigourously working to reduce its reliance on moribund EU markets by renewing its former trading links with the rest of the world". Britain cannot take a lead in the Eurozone, a fact of which an economics Professor with his impressive credentials and present President of Queen's College Cambridge, should be well aware. How, pray can a nation lead a group other supposed nations, of which it itself is not even actually a member?Labels: Euro collapse, Lord Eatwell
Property prices - picture a leaking barrage balloon
Labels: UK House Price Collapse