Wednesday 14 September 2011
The leaders of Greece, France and Germany will have a phone conference this evening as they seek to find a way to contain the spiralling debt crisis in the eurozone.
Tonight Paul Mason will explain what a Greek default might look like - could it be orderly and managed or are we looking at a Lehman type event? You can read more of Paul's thoughts on that in his blog.
As we learn that unemployment in the UK rose by 80,000 in the three months to July and unions schedule a nationwide day of strikes and demonstrations for 30 November in protest at changes to public sector pensions, David Grossman looks at the coalition's growth strategy.
Shadow Chancellor Ed Balls and someone from government will join us live.
And Tim Whewell has been investigating the assassination of General Abdul Fatah Younis in Libya at the height of the campaign against Colonel Gaddafi in late July. With the murder still unsolved, there is mounting anger among members of Younes' large and powerful tribe.
Join Emily at 22:30 on 麻豆社 Two.
Comment number 1.
At 14th Sep 2011, JunkkMale wrote:'More details later.'
Clicked the homepage link, got this for a while: Error 404 - Page not found
Happening a lot.
Wonder why.
Speaking of which..
'You can read some of Paul's thought[s...ic?] on that in his blog.
/news/business-14579710%27
Looking at the comments.
It also seems MSM-wide. Telegraph too:
(worth a read in other ways beyond their commentary system suffering)
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Comment number 2.
At 14th Sep 2011, jauntycyclist wrote:china telling us to put our house in order? very funny. like a robber saying you need to sort your finances out.
we need to end this 10yuan =拢1 game. then we see who needs to sort their finances out.
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Comment number 3.
At 14th Sep 2011, museV wrote:Eurozone crisis porn
A Lehman like even is about to be unleashed on Europe that will trigger country by country socialization of their commercial banks and a splintering of the eurozone.
Is the revolution nigh?
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Comment number 4.
At 14th Sep 2011, JohnConstable wrote:European Commission president Jose Manuel Barroso has announced that Eurobonds, which would enable countries that use the euro to borrow money collectively, may be introduced by the 17 Eurozone countries.
In effect, this is one way of saying what this blogger mentioned earlier on this blog - namely, my pile of money is bigger than your pile (and we will face you down).
The key objection (from Germany) is that these bonds act like a cross-subsidy from stronger EU economies to weaker members.
Which is true, but the USA also operates in this way, that is the economy in stronger States effectively cross-subsidise weaker States.
If you are a member of the club, it is incumbent upon the stronger members to support the weaker members.
Although the weaker members must do their bit to improve their economic situation, that is, the cross-subsidies cannot and will not continue indefinitely.
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Comment number 5.
At 14th Sep 2011, kevseywevsey wrote:TUC: a bunch of hard-faced militant commies whose leaders and their members could'nt do an honest hard days work if their lives depended it on it. We don't need another Thatcher to smash the unions...they'll destroy themselves. Let them strike because there will be little to zero sympathy for their self destructive actions. Then privatise the lot of them. Maybe then we'll get better service.
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Comment number 6.
At 14th Sep 2011, JohnConstable wrote:kevseywevsey @ 5
If a business is structured in a certain way, then the need for a union to protect the workers from exploitation decreases greatly.
That is why this blogger has always been very keen on co-operatives for this reason, such as the very successful John Lewis Partnership.
The real mystery is why more businesses are not structured in this way, it should be the norm.
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Comment number 7.
At 14th Sep 2011, museV wrote:#6
"That is why this blogger has always been very keen on co-operatives for this reason, such as the very successful John Lewis Partnership."
John Lewis announced an 18% drop in profits earlier today.
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Comment number 8.
At 14th Sep 2011, Sasha Clarkson wrote:@5 Even in the early 80s, I always wondered whose side Arthur Scargill was really on. He was as necessary for Mrs T's strategy as 9/11 was for the neocons in the US.
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Comment number 9.
At 14th Sep 2011, Sasha Clarkson wrote:I googled "Arthur Scargill double agent?" and this is what I found.
Is it just humour? Or is it true? I've always reckoned that the best way to lie is to tell the truth in such a way as nobody believes you.
"Two KGB agent from different sections meet at the Moscow train station. "Where are you going?" says the first man.
"To Minsk," says the second.
"To Minsk, eh? I know you're telling me you're going to Minsk because you want me to think that you're really going to Pinsk. But it so happens that I know you really are going to Minsk. So why are you lying to me?"
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Comment number 10.
At 14th Sep 2011, kashibeyaz wrote:#7; precisely because JLP is a co-operative, is why dips in profitability are not an excuse for widespread short term shareholder panic; in any case, profitability is quite a simplistic measure of a business's performance; I would suggest you look at the EBITDA and strength of free cash flows rather than profitability; yet on NN and other spots on the 麻豆社, this is never mentioned; maybe too much for the munchkins to take in?
Clark Gable could have been at the head of the NUM; Thatcher was quite clear from the beginning that unions were to be offed and where better to start than the toughest one.
At least with Thatcher there was no duplicity.
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Comment number 11.
At 14th Sep 2011, JohnConstable wrote:musev @ 7
Profits from business are often approximately synchronised to the economic cycle so it is hardly surprising that the JLP profits are somewhat down as there is a general recession at present.
Nevertheless, I expect the JLP partners (all employees) will still enjoy a reasonable annual profit share this year.
Have a go at answering the question I posed - why are there not more of these partnership arrangements in business in England?
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Comment number 12.
At 14th Sep 2011, richard bunning wrote:I posted this last April:
/blogs/newsnight/fromthewebteam/2011/04/wednesday_27_april_2011.html?postid=108388954
Re: the economy
Would someone please explain to me why the Osborne Deficit Reduction Plan is deemed to be so wonderful that it will never require any amendment to take account of reality unfolding?
1. Recession last Qtr - flatline this Qtr.
2. Oil price spike is HUGE and massively recessionary.
3. Inflation has rocketed way above OBR forecasts.
4. Japanese earthquake has throttled trade in many sectors - NB cars.
5. PIIGS debt crisis has got a lot worse - the UK is exposed.
6. Unemployment is projected to grow as public sector workers lose their jobs.
7. Major sectors like construction and retail report a negative trend.
8. The banks still aren't lending on home loans or to small businesses.
9. The international financial system is creaking .
10. The OBR's forecast that the "Budget for Growth" is that it won't produce any measurable impact.
11. Real living standards are falling rapidly and the cost of living is rising.
12. The UK's balance of payments is deteriorating.
Any reasonable assessment of these factors would indicate the need to revise the plan and revise the forecasts - OK the OBR has revised its growth forecast down a bit, but I simply don't understand why George Osborne thinks that a plan he put in place a year ago or more is so wonderful that there is never any need to modify it in the light of these substantial issues and events.
IMHO we're looking @ 500,000 construction jobs going, 250,000 public sector jobs lost, then add in retail retrenchment plus defence manufacturer's cuts and the shake out in banking, it's likely there will be 5,000,000 unemployed before the next election - a lot less tax coming in and a lot more welfare payments going out - and a lot more government borrowing to pay for it, not less.
The nub of the issue is the real effect on aggregate demand of 拢110 Bn being taken out of the economy in tax rises and spending cuts. The size of the multiplier we should use to work this out is widely disputed - some say zero - some say 2, 4, 6 or even 10.
A multiplier of 10 would equate to taking 拢1 Tn of aggregate demand out of the economy at a time of domestic weakness and international fragility - Osborne described the Irish economy pre-bust as a "glowing example" - despite the fact that the Eire economy is now a complete basket case, GO seems determined to repeat their mistakes in the UK
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Comment number 13.
At 14th Sep 2011, museV wrote:#10
"Clark Gable could have been at the head of the NUM; Thatcher was quite clear from the beginning that unions were to be offed and where better to start than the toughest one. At least with Thatcher there was no duplicity."
Thatcher wasn't bright enough for duplicity. Here is some relevant information to help you see past some of the propaganda so you might better appreciate the reality of what was really behind Thatcher's Britain. Keith Joseph was the Grey Cardinal behind Thatcher.
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Comment number 14.
At 14th Sep 2011, museV wrote:#13 cont.
The main reason that Britain appeared to boom in the Thatcher years was because its state assets were liquidated so they could flow into the pockets of the private sector people who contrived her Party's ascent into power through misleading the British public about the unions by mislabelling anarchists as communists. This is an old trick. In fact, these anarchistic Militants helped destroy the unions and thus helped her into power. This is why those who were staunch defenders of the state or pubic sector (welfare state) in the 80s hated her so much. She really wasn't very bright - she was just used by anarchists!
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Comment number 15.
At 14th Sep 2011, richard bunning wrote:12 continued:
A multiplier of 10 would equate to taking 拢1 Tn of aggregate demand out of the economy at a time of domestic weakness and international fragility - Osborne described the Irish economy pre-bust as a "glowing example" - despite the fact that the Eire economy is now a complete basket case, GO seems determined to repeat their mistakes in the UK - "there is no alternative" is all we hear - no Plan B - the outlook can get as bad as it likes - the colours are nailed to the mast, the wheel of the ship of state is lashed down - there will be no change of course regardless of what happens, regardless of how many icebergs are spotted on the horizon ahead.
This is not pragmatic government responding to the evidence of its own eyes and ears in the interests of its people - its a dogmatic doctrinal fanaticism determined to inflict a political ideology on the country at all costs.
A simply question for Mr Osborne - what sort of event would cause you to revise your economic policy ? Given what's happening already, clearly it would need to be catastrophic.
ENDS
I now think the current situation is much more serious than I did back in April, with the very real risk of an uncontrolled default by Greece and the total failure of the UK private sector to generate anywhere near enough jobs, with little or no prospect of this improving.
Two catastrophes are now in sight - one in Europe and one domestic in the UK.
All this supply side mumbo jumbo about deregulation is total nonsense and is going to plunge thjis country into the deepest recession since the Great Depression - for god's sake, WAKE UP!
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Comment number 16.
At 14th Sep 2011, Sasha Clarkson wrote:@12 Richard
Krugman puts it this way: "In the first half of last year a strange delusion swept much of the policy elite on both sides of the Atlantic 鈥 the belief that cutting spending in the face of high unemployment would actually create jobs."
And what has Osbo EVER got right? Certainly not this:
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Comment number 17.
At 14th Sep 2011, Sasha Clarkson wrote:@13 Ah - Sir Sheath - I'd forgotten about him. He always seemed very troubled to me.
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Comment number 18.
At 14th Sep 2011, Sasha Clarkson wrote:Meanwhile, over the Pond, " The Republicans are "an apocalyptic cult" " according to one former congressional aide.
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Comment number 19.
At 14th Sep 2011, Mistress76uk wrote:Certain people will love this ;o)
Just end it all, Russian oligarch tells eurocrats
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Comment number 20.
At 14th Sep 2011, JohnConstable wrote:Richard Bunning @ various
George Osborne has a Plan A - which he is publicly sticking to - apparently to ensure the AAA rating stays intact.
However, as you point out, the facts have changed and when the facts change then despite whatever is pumped out for ratings agency/public consumption, Plan A will be modifried.
Note though, that there is never a bonfire of regulations or any simplification thereof for businesses, despite the promises of such to assist in promoting economic growth.
Sometimes I do wonder if the Civil Service is the real force of conservatism which blocks politicans from being effective.
Somebody needs to howl through Whitehall like a banshee before it is too late.
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Comment number 21.
At 14th Sep 2011, barriesingleton wrote:"WHAT PROFIT A MAN" (#20)
If you fix 'money' but governance is venal, and the population institutionalised to the point of impotence, how does the future look?
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Comment number 22.
At 14th Sep 2011, brossen99 wrote:Complain about this comment (Comment number 22)
Comment number 23.
At 14th Sep 2011, nautonier wrote:The leaders of Greece, France and Germany will have a phone conference this evening as they seek to find a way to contain the spiralling debt crisis in the eurozone.
>
Looks like being one of the most expensive phone calls in history as trying to kid us that someone is in competent control
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Comment number 24.
At 14th Sep 2011, indignantindegene wrote:鈥淎s we learn that unemployment in the UK rose by 80,000 in the three months to July and unions schedule a nationwide day of strikes and demonstrations for 30 November in protest at changes to public sector pensions, David Grossman looks at the coalition's growth strategy.鈥
One would think that with unemployment continuing to rise, the TUC would be demonstrating against the rising rate of immigration, and about Mode 4 鈥 which allows non-EU workers (from India) to take jobs without their first being offered to Brits.
We are said to need another million houses, and no doubts are being expressed about whether job creation has any limits; we all know that claims for the new super-mall 鈥榗reating鈥 thousands of new jobs really means transferring existing jobs; an extra half-a-million immigrants will help consumption though.
I would say that TUC鈥檚 growth strategy is looking up, with lots more prospective members.
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Comment number 25.
At 14th Sep 2011, barriesingleton wrote:THE DISTASTEFUL SIGNS OF ARROGANT POWER (#22)
Excellent camera-work in the European Parliament. We saw Barroso 'doing a Dave': ignoring the speaker addressing him, and shuffling papers in a deliberate snub.
The crass behaviour of those moronic cipher-ninnies, who purport to govern, is a mockery. Do they teach such offensive behaviour to their children? Such homes need SPECIALIST INTERVENTION, if the future is not to be one of (psychological) rioting and assault.
DE MOCK CRASS Y RULES.
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Comment number 26.
At 14th Sep 2011, museV wrote:#24
"One would think that with unemployment continuing to rise, the TUC would be demonstrating against the rising rate of immigration, and about Mode 4 鈥 which allows non-EU workers (from India) to take jobs without their first being offered to Brits."
But that wouldn't correspond to International Socialism (aka the SI), that would be akin to national socialism. Therefore, we must assume that the TUC, which is affiliated to International Socialism (cf ITUC) are totally relaxed about foreign workers taking British jobs.
International socialism is Trotskyism (cf the 4th International). Trotskyism is subversively capitalism and pro free markets and globalisation via anarchism (i.e. without rule). The globalists in turn are libertarians who promote individual rights above all else (cf democracy).
Remember, the neo-cons were borne out of Trotskyism which has morphed into a far right militaristic movement in the West during the course of the c20th.
In short, just think of the TUC as secretly in league with the capitalists. But it has all been engineered by some very clever anarchists.
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Comment number 27.
At 14th Sep 2011, museV wrote:Even New York's Jewish Democrats have rejected Barack Obama
鈥淚 spent Yom Kippur 2010 with the family of a Jewish chiropractor in Queens. They asked me at the dinner table what I was working on and, with some trepidation, I said I was writing a biography of Right-wing pundit Pat Buchanan. To my surprise, they were thrilled. 鈥淗e鈥檚 so right on so many things,鈥 said my host. 鈥淏ut dad,鈥 said his daughter, 鈥淧at Buchanan hates Israel!鈥 My host shrugged. 鈥淣obody鈥檚 perfect,鈥 he sighed.鈥
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Comment number 28.
At 14th Sep 2011, museV wrote:#27 cont.
My host is part of a generation of Jewish voters who once regarded Judaism and liberalism as synonymous. They registered Democratic because of the party鈥檚 commitment to unions, civil rights, Social Security and 鈥 back then at least 鈥 Israel. Their idol was Senator Henry Jackson, whose politics combined fanatical anticommunism with social democracy. They associated the Republicans with WASP country clubs that exclude Jews. Until 2001, they would no more cast a vote for the GOP than they would Yasser Arafat.
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Comment number 29.
At 14th Sep 2011, museV wrote:Sorry!....jst one more...
Farage: Greece Under Full Globalist Dictatorship
In typical firebrand fashion, European MEP Nigel Farage unleashed a barrage of home truths during a speech in the European Parliament today, including the assertion that Greece is now under full control of a joint European Central Bank and International Monetary Fund dictatorship.
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Comment number 30.
At 14th Sep 2011, brossen99 wrote:It would appear that the Corporate Nazi's are using the Euro crisis as a really puny excuse to expand the current EU Fourth Reich Welfare State for the Stock Market Parasites and force everyone to pay unfair taxes to fund it. Not much different here in the UK with allegedly more quantitative easing on the cards for November, yet more pain on the horizon for the real sustainable UK economy from the proposed 7p increase in fuel duty January 2012 ?
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Comment number 31.
At 14th Sep 2011, kevseywevsey wrote:Emily was rather very good tonight. She had Balls in a vice. Pity he's wriggley - and dare I say a little bit slimy. How he has the nerve to give lessons on the British economy I'll never know..him and his deluded master nearly ruined the country with their wild economic policies which if you recall was... spend spend spend and 4 million immigrants.
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Comment number 32.
At 14th Sep 2011, museV wrote:The thought police have been out again!
Liverpool to investigate 9/11 tweet from Nathan Eccleston
A club statement said: "The club takes this matter extremely seriously and senior club officials have informed Nathan Eccleston that we are undertaking an investigation into the circumstances surrounding these postings and will decide on an appropriate course of action."
Why?
The only truth...is our truth.
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Comment number 33.
At 14th Sep 2011, turbojerry wrote:Eurobonds have been ruled unconstitutional by the German court and illegal under current EU Treaties, so would require both a change in the German constitution and a new EU treaty which typically takes 10 years to agree and ratify, neither of which will happen, so will everyone please stop mentioning them as a possibility.
It was interesting that UBS Frank Zappa refused to talk about war, even though it was UBS that put out a paper about there being an EU break up and war and no one mentioned that Merkel has said the same thing in her pleadings to the German court that ruled Eurobonds illegal. We saw this from the 1930s onwards, banking crisis followed by monetary crisis followed by war, instead of pretending that it won't happen perhaps the politicians and the bankers should tell the truth so we can avoid the mistakes of the past, because we as a species will not survive the next war.
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Comment number 34.
At 14th Sep 2011, barriesingleton wrote:"I'M SPARTACUS" (#32)
I don't tweet, but the appropriate response, across that community, is obvious.
Thought Police indeed MuseV. Deeply disturbing.
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Comment number 35.
At 14th Sep 2011, kevseywevsey wrote:museV @32.
9/11 opinions
Well thats my door getting kicked in then...long as its not my backdoor.. I wouldn't want that.
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Comment number 36.
At 15th Sep 2011, JohnConstable wrote:The ECB will have to be the lender-of-last-resort, then as George Magus stated tonight, this thing can be bought to an end very quickly.
But it cannot disguise the huge failure of political leadership in the EU though.
The clock is ticking ...
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Comment number 37.
At 15th Sep 2011, woosterjim wrote:There is no failure of political leadership where leaders are not empowered to lead!
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Comment number 38.
At 15th Sep 2011, barriesingleton wrote:POLITICAL PROWESS DOES NOT EQUATE TO LEADERSHIP ABILITY.
One is 'all in the wrist' - the other requires visceral integrity.
Think Dave.
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Comment number 39.
At 15th Sep 2011, woosterjim wrote:You can create as many nations and European unions and ask as many clever questions as you like, but the only source of power in the world today is "the market" and whatever controls the the CIA and Pentagon and NATO and EU and puny little UK plc.
Can Emily cross-question them and scrutinise the way they "mishandle our economy"? If not,then it`s all a fraud!
Can Newsnight challenge or even expose the identity of the sort of people who really control what people like Ed Balls and George Osborne say to Emily or Jeremy?
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Comment number 40.
At 15th Sep 2011, woosterjim wrote:@39 OK,let`s "think Dave".
You may prefer to believe that he is incompetent or acting in bad faith,but I wonder if he has the power to positively act at all?
Come to think of it,does Obama look like a man in control of the free world?Or the EU high command give the impression that they could run an empire, even if they had the power to do it?
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Comment number 41.
At 15th Sep 2011, woosterjim wrote:Now let`s do something courageous for a change and give up being armchair politicians for a day and scrutinise ourselves.
Are we driven by a desire to build a better more transparent world or are we here for a bit of sport?
My impression is that a few of you don`t want to hear anything that causes you to revise your opinions or challenge your familiar illusions.
Ego drives your plough along familiar lines and your investment is in being "right" and "knowing best" and directing abuse from the sidelines.
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Comment number 42.
At 15th Sep 2011, barriesingleton wrote:WITH YOU ALL THE WAY JIM (#39 40 41)
I have two sons. That fact engenders more guilt than (even) any religion might.
Ego notwithstanding (Testosterone is addicted to 'the win') when Testosterone declines, we have an increasing chance to eschew the 'vehicle Ape' and aspire to integrity, altruism and the other intangibles.
J'aspire!
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Comment number 43.
At 15th Sep 2011, Sasha Clarkson wrote:@37 Jim "There is no failure of political leadership where leaders are not empowered to lead!"
But then there's a failure of integrity if you pretend to have power which you don't, and make promises you can't keep.
If the markets really do rule all, then it's time the troops were sent in and the chief "market makers" arrested and held as "prisoners of financial war".
This morning it has been reported that UBS has "lost" the equivalent of 拢1300000000 because of "rogue trading". This would pay the salaries of 100 000 or more full time carers in the UK.
This "trading", even when successful is not investment, but a giant speculative computer game designed to extract maximum value from the real economy, whilst giving nothing back. Oh yes, a few taxes are paid, but that is more like bribing the authorities to do nothing. Real investment, has at best become, as Keynes put it, "the bubble on a whirlpool of speculation".
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Comment number 44.
At 15th Sep 2011, JohnConstable wrote:Unfettered financial markets are proving to be dangerous entities.
A huge amount of financial market (and shadow financial market) trading appears to have no intrinsic value whatsoever and in some cases, e.g. the packaging and selling-on of sub-prime mortgages, may be deemed to be fraudulent activity.
These are very dangerous days for the EU project but astute political leadership - from somewhere - could turn an essentially political, rather than fiscal, crisis into a benefit for the member countries.
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Comment number 45.
At 15th Sep 2011, museV wrote:#43 Sasha
Hear, hear!
These are the lengths that the spivs will go to in order to maximise profit extraction from HFT stock trades...
New $300 Million Transatlantic Cable Makes Stock Trades 6 Milliseconds Faster
This isn't investment....IT'S FINANCIAL RAPE OF THE REAL ECONOMY!
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Comment number 46.
At 15th Sep 2011, indignantindegene wrote:鈥淏anks have benefited from bailouts, cheap credit and printed money yet still the main beneficiary seems to be bankers' pay rather than small business customers. Posen's solution is painfully simple: cut out the (expensive) middleman and do the job ourselves鈥 This is Money website.
[Unsuitable/Broken URL removed by Moderator]
I鈥檓 no expert but have had this thought ever since our money was used for bank bailouts. As the taxpayers already have a major stake in at least one bank why not nationalise it?
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Comment number 47.
At 15th Sep 2011, museV wrote:#46 indie
GOSBANK
"Posen's solution is painfully simple: cut out the (expensive) middleman and do the job ourselves......As the taxpayers already have a major stake in at least one bank why not nationalise it?
This idea has been discussed on these blogs before...
/blogs/newsnight/paulmason/2010/10/qe2_policymakers_struggle_in_a.html?postid=101668362
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Comment number 48.
At 15th Sep 2011, Sasha Clarkson wrote:@47 "As the taxpayers already have a major stake in at least one bank why not nationalise it?"
Well, the shares are almost worthless, having lost about 95% of their pre-crisis market value. Formal nationalisation now would just be the final stage of making the state formally liable for the banks' debts.
If they'd been allowed to go bust to start with, but with limited deposit guarantees, then the UK would have been in a much better state now. I don't entirely blame the last government, they were pressured and blackmailed into this by the banks.
What we need now is a clear statement as to how the government will handle a future crisis. This must involve an explicit NON guarantee of banks' debts, other than certain deposit guarantees, and a plan for an emergency takeover of cash machines. Effectively, we need to plan - and perhaps legislate - for a "state of financial emergency".
We also, in all areas of business, need to tighten up rules on limited liability and corporate negligence. Perhaps put some new crimes on the statute book, say "Banking without due care and attention", and "Reckless Banking"? The penalty, would be an unlimited fine, so that we would never again see those who had looted and trashed the system retiring with six-figure pensions to their country estates.
@45 Fascinating link Muse - an investment in the infrastructure of corporate larceny!
EG this, from your link: "it is claimed that a one millisecond advantage could be worth up to $100m (拢63m) a year to the bottom line of a large hedge fund."
What has that got to do with investment in production?
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Comment number 49.
At 15th Sep 2011, JohnConstable wrote:Turning this EU crisis into a net benefit means using strong political leadership at the top the the EU to implement fiscal union.
Which of course, should have happened in parallel with monetary union, but was too steep a political mountain to climb when the Euro was implemented across member States.
It all basically falls to Sarkozy, Merkel and the ECB leaders to provide the political leadership required to see this thing through.
One would wish to be optimistic ...
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Comment number 50.
At 15th Sep 2011, woosterjim wrote:Thanks Barrie and I quite agree with you and Sasha that powerlessness does not excuse dishonesty, but ambition crossed with conformism and testosterone and a hearty dose of self-deception are what the political parties seek in their election candidates.
And once they are on the escalator of career party politics and they get the whiff of status and power, (and all those little financial inducements politicians and their journalist cronies seem very quiet about!) integrity flies out of the window and what Wilson called pragmatism becomes the order of the day.
In a way they are facing reality.They know full well that democracy is a charade which out tribal hierarchical instincts will always seek to subvert.
And they also know that Dave will have no more direct power to run UKplc than Tony did before him.
And it`s my intuition that if we armchair financial pundits were made Chancellor of the Exchequer tomorrow we could no more introduce the economic solutions we today support than George Osborne could this morning.
We need empowering with kosher information and the financiers take could care knobble and control the media so we don`t get at the truth!
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Comment number 51.
At 15th Sep 2011, woosterjim wrote:Sorry about the typos.I could have got a job at the Grauniad!
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Comment number 52.
At 15th Sep 2011, barriesingleton wrote:TIGHTENING UP (#48)
Not a lot of people know that POLITICAL PARTIES DO NOT EXIST UNDER THE RULE OF LAW.
Once again, as with rioting and looting, WESTMINSTER LEADS BY EXAMPLE.
Until we dismantle Westminster and install integrity, PARTIES WILL ROUTINELY LIE AT ELECTION TIME, WITH IMPUNITY.
MPs dodged most of the ALLOWANCES flack. The few made to answer, avoided 'MISCONDUCT IN PUBLIC OFFICE' (a serious crime) for 'theft', and when it came to FOI, MPs voted themselves outside the law - AGAIN.
While government is MAANIFESTLY CORRUPT, it will draw those who can function in a corrupt atmosphere, and nothing will change.
UNDER THIS ETHOS LAWS ARE FOR FLOUTING, AND 鈥楾IGHTENING鈥 IS ALL SLIP KNOTS.
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Comment number 53.
At 15th Sep 2011, barriesingleton wrote:THE ENGLISH DON'T DO SUICIDE BOMBING - BUT IF THEY DID. . .
I am now committed to making 'Westminster', in all its organs and tentacles, uncomfortable and - ultimately - untenable. To stop me - they will have to xxxx me.
In the years available, up to the theoretical 2015 election (martial law permitting) I shall take BrianHaw as my inspiration and do all I can to advance the English Spring.
Shall I be 'found dead in the woods'?
Nuff sed
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Comment number 54.
At 15th Sep 2011, woosterjim wrote:@52 But the 麻豆社 was very quiet about some parliamentarian`s expenses problems and very noisy about others.
Without Private Eye I could have been convinced that our ethnic communities were whiter than white on the fiddling front if I was relying on the 麻豆社.
I could mention some names but the censor would refuse to disclose them.Is that the sort of Fourth Estate which will liberate us from corruption and clean up British politics.?
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Comment number 55.
At 15th Sep 2011, barriesingleton wrote:LOCKERBIE, 9/11, AND THE EYE (#54)
The Eye produced a 'special', that covered many of the Lockerbie anomalies - and there were plenty! NOW those chickens are poo-ing all over official narrative.
Whether Hislop toes a somewhat advanced (officially drawn) line (now he is firmly 'establishment') we may never know. I note the Eye has not produced a 9/11 special.
Nuff sed?
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Comment number 56.
At 15th Sep 2011, woosterjim wrote:@53 But the English did suicide bomb us on 7/7.
People from our multicultural oop north left their terraced houses one day and murdered fifty people out of sheer disgust at having to live alongside the sort of "Eastenders/Shameless" British people that the 麻豆社 would apparently have us be!
And here`s a deeply felt and truthful comment. I mourn those bombers, and feel as desperately sorry for them and their loved ones as I feel for their victims and their loved ones. Just as I mourn for Baby Peter and Damilola Taylor and Victoria Climbie and many more besides.
We betrayed them Barrie.
We have been far too spineless and deferential and allowed the very most dangerous people to brow-beat and bully us into tolerating liars and fools and the naive idiotic humanitarians who seriously imagine we can provide home and jobs and a first world civilisation for anyone the likes of the political parties and Red Cross and 麻豆社 and Abu Hamza fancies importing here!
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Comment number 57.
At 15th Sep 2011, barriesingleton wrote:WAVING AND DROWNING - WHO WAS IT SAID "FIRST DEFINE YOUR TERMS" (#56)
I am running away from that one Jim. I DEFINITELY do cowardice.
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Comment number 58.
At 15th Sep 2011, barriesingleton wrote:DAVE AND KEN SEEM STRANGELY ATTRACTED TO PUNISHMENT . . .
They trumpet: "law-breakers should be PUNISHED". Why are Dave and Ken so rarely challenged regarding POLITICIAN LAW BREAKERS?
To re-state: Dave and Ken seem strangely attracted to punishing COMMON criminals, but are tolerant of QUALITY LAW-BREAKERS.
This is not equality. It is not democracy UNDER THE RULE OF LAW. It is Dave and Ken shaping Britain to suit their will.
FOR EVIL TO TRIUMPH ALL THAT IS REQUIRED IS THAT GOOD MEN DO NOTHING.
Must I conclude there are NO GOOD MEN IN THE 麻豆社?
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Comment number 59.
At 15th Sep 2011, woosterjim wrote:@55 The Establishment are now "new money" Thatcher/Blairite types Barrie.
Ian Hyslop is pretty conservative and does appear to have a sort of Peter Cook/Paul Foot/Richard Ingrams suspiciousness of them,but I think he`s wise to stay clear of the more far fetched ideas that unintentionally deflect us from the main message of 9/11 with X-Files/Spooks speculations.
The main message is that we are now more than ever a colony of the USA and under the thumb of their security services.
Just compare how 7/7 was effectively hushed up by the 麻豆社 compared with the death of De Menezes.
The brave and excellent Jim Swire and Private Eye have been disgracefully overlooked in the New Establishment`s grovelling to the CIA and America and Israel over Al Megrahi.
You have to realise that Westminster and the 麻豆社 are now firmly in enemy hands and treat them with scepticism at the very least.
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Comment number 60.
At 15th Sep 2011, woosterjim wrote:I am floating and emoting,are you sure you are not just sniping and griping?
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Comment number 61.
At 15th Sep 2011, barriesingleton wrote:MULTIPLE PERSONALITY (#60)
If I am dissociating, sniping and griping are possible, along with all other modes.
But not being computer savvy, I have no idea how to fool the NewsyNighty filter, and post under various names. And even if I did, my foibles would betray me.
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Comment number 62.
At 15th Sep 2011, woosterjim wrote:'61 However multiple your lovely personality became Barrie your single-minded Singletonian individuality would forever shine through,just as you say!
Nuff said?
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