Hosepipe bans bite and UK output slumps while water jobs and investments are sent abroad.

Rather unfortunate timing for this press announcement from the foreign controlled (and according to the Mail here - overpaid) Thames Water.

What the Mail does not make clear in its article is the absurdity of Britain's situation, deliberately delivered by the connivance of all the politicians of the three main parties, whereby all our essential services have been removed from England's control. That is why we are economically destitute!

Cameron, Clegg and Miliband know this, the politicians who fawn off them for their salaries pensions and perks in their parties know this - that is why none of them deserve any votes ever again.

The West's triple tragedies of 7th December 2010

First - The US President and Congress, having been presented with a demand by their own Deficit Commission for an urgent and vast cut in the US Governmant's cash shortfall, instead agreed on vast new tax reductions and spending increases.

Second - The finance ministers of the 27 former nations who instead now form the European Union, faced with the collapse of the block's joint currency and sovereign default amongst several of its number, met in the Ecofin Council and knowing that to do nothing was not an option - decided to do just that - absolutely nothing.

Third - The tool of oppression and facilitator for the growing tyranny across Europe, the European Union's  European Arrest Warrant, was used to jail a man in London (home of Habeus Corpus) who had been accused of no crime, refused any bail, and supposedly co-incidentally had, in the immediately preceding few days, caused discomfit to practically every government across the so-called free world.

Sweden's established parties rocked as British Tea Party is formed

Survival, yes survival to even maintain the essentials of life will soon become the main concern of everyday life for tens of millions of people living in the so called prosperous developed West. Our currencies are about to be rocked by further rounds of quantatitive easing, in other words, the printing of money with only one inevitable consequence - the trashing of its worth. In the EU the ECB will continue to act as a lender of last resort to banks and sovereign nations alike with nothing and nobody, absolutely zero to back-up their commitments. In Britain I wrote in length last Saturday, of the treacherous self-serving political consensus which through disregard of our constitution has handed control of our country to foreigners apparently solely for the financial gain and continuance in power of our present political class. Peter Hitchens in his Mail on Sunday column puts it more delicately but just as effectively and it is linked here. In the Telegraph we were also informed of a new ray of hope in that a British Tea Party is to be formed linked here. It has seemed to me for a long time that change will only arrive with the democratic removal of the representatives of our three main corrupt parties from Parliament, which requires an educated and informed electorate. After my own personal experiences with UKIP and Veritas I began to believe that given the deliberate destruction of Britain's election system this was looking increasingly impossible. I now am beginning to believe that I have underestimated the shallowness and greed of the leading members of our main political parties which is now set to actually bring down the entire system that supports them. In the coming atumn when the needed spending cuts are finally announced, will the people turn to some represenatives and leaders with decency and a readiness to act with honesty, we must hope such a change will perhaps arrive before it is too late. It seems the Swedes at least are ready to contemplate complete change!

The insanity of spending!

Guido Fawkes blog has a great video from Senator Fred Thompson on the insanity running amok amongst the leaders of the US and UK governments and economists, click here to view!

Collapse?

While Brown addressed the Israeli Knesset the City had to digest the latest ITEM report from Ernst and Young, which included the following in its introduction: The economic outlook goes from bad to worse… Economic prospects have deteriorated badly over the last three months. Oil prices, which had just passed $100 a barrel when ITEM’s last forecast was made in early April, are now just shy of $150. Food and energy costs are set to push CPI inflation above 4%, delaying the prospect of further base rate cuts. The all-important service sector survey balance fell back to 47.1%. More of a surprise in view of the healthier prospects for exports, the balance for manufacturing fell by nearly 4 points to 45.8%, lower than at any time since 2001. The FTSE100, which was trading at around 6000 at the time of ITEM’s Spring forecast, is now testing 5200. The LIBOR-base rate premium has moved back up close to 1%, so market interest rates are higher despite the base rate cut in May. The wholesale markets remain frozen and the mortgage market has moved from feast to famine. Commercial and residential property prices are falling and the CIPS purchasing managers balance for construction plunged to 38% in June, the lowest since this survey started in 1994. …with the housing market collapsing… New mortgage approvals crashed in May. The figure of 42,000 was down 28% on April and 64% on a year earlier. The number of families moving house fell back to 100,000, about 40% down on the ‘Economic outlook for business’ summarises the latest UK quarterly forecast by the ITEM Club, and gives its assessment of the implications for business Ernst & Young is the sole sponsor of the ITEM Club, which is the only independent economic forecasting group to use the HM Treasury model of the UK economy. Its forecasts are independent of any political, economic or business bias............