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9 December 2011

Britain Saved From Becoming A Province Of Germany As Cameron Grows A Pair.

In the nick of time David Cameron grew a pair of balls, stood up to the dark forces of Euronaziism and vetoed a crucial EU treaty deal that would have seen Britain's finances overseen by German financiers and the unelected bureaucrats of Brussels.Mr. Cameron's veto leaves 23 of the other 27 EU nations to thrash out plans for tougher central control of eurozone tax and spending. Delegates from Sweden, Hungary and the Czech Republic will consult their Parliaments before deciding whether to support this Franco - German power grab. The European Union has suffered the most damaging split in its 54 year history after David Cameron blocked a eurozone treaty change after France and Germany refused to consider “safeguards” to protect Britain’s economy and particularly the banking and finance centre in The City of London..

Britain was left isolated this morning with the three other countries, Sweden, Hungary and the Czech Republic, as an exultant Nicolas Sarkozy, strutting around like a jackbooted little Hitler boasted of a “historic” breakaway “euro plus” bloc that would pursue fiscal and economic union via a new treaty outside the EU. Mr. Sarkozy forgets he has to face his electorate next year and is already a hugely unpopular President. His willingness to hand control of French fiscal policy to Germany and Brussels is not going to play well to nationalustic French voters.

The Prime Minister insisted that he had been prepared to support treaty change among all 27 of the EU’s members to allow the 17-strong eurozone to take measures to tackle its debt crisis and to enforce tough new fiscal rules for the single currency. After 11 hours of bad-tempered talks however, Mr Cameron said that he had blocked the changes because France and Germany and refused to agree to a “protocol” giving the City of London protection from a wave of EU financial service regulations related to the eurozone crisis.

“I came here with one of two outcomes in mind: safeguards that made a treaty within a treaty, a complex legal structure, or if we could not have that, allowing others to go off in a treaty on their own and ensuring that the EU is maintained as a single market,” he said. “I had to pursue very doggedly what was in British national interest. It is not easy when you are in a room where people are pressing you to sign up to things because they say it is in all our interests.”

Exam Board Admists There Is Little Content In Their Exams

A GCSE examination paper set by Edexcel, one of Britain’s biggest exam boards, has so little content that the organisation's chief examiner cannot believe it was approved by the Government’s official regulators, according to reports in the press and on television news.

Steph Warren, a senior official at Edexcel, revealed to an undercover reporter posing as a teacher who was considering using the firm’s tests that “you don’t have to teach a lot” and that there is a “lot less” for pupils to learn than with rival courses. Miss Warren, who oversees the setting of geography exams for tens of thousands of teenagers, said she did not know how the paper got past the official regulation system that is supposed to ensure high standards in GCSEs and A-Levels.

The disclosures, the latest from ongoing investigations into exam standards in the wake of dumbing down allegations, will reinforce suspicions that exam boards are driving down standards by aggressively competing with one another to persuade schools to take their tests and thus increase their revenue from government.

Another Edexcel official has also boasted to an undercover reporter about the ease of the exam board’s coursework. “So weak kids, you can get them through on anything really.” Jennifer Smith, Edexcel’s A-Level English moderator said.

The revelation prompted widespread outragedEducation Secretary Michael Gove who ordered Ofqual, the exam regulator, to begin a formal investigation into exam boards. Yesterday a spokesman for the Prime Minister said the exam system was “discredited”.

“We are very clear that our exam system needs fundamental reform,” the spokesman said. “The revelations we have seen today show our current system is discredited. We are very clear we will take whatever action is necessary to restore faith in the exam system.”

Asked if last year’s exam results had been devalued, David Cameron’s official spokesman added: “I don’t think that’s the right conclusion to draw but there’s clearly a problem and we need to address that.”

Amid growing concern over the standard of next year’s tests, Ofqual is poised to make recommendations for urgent reform to Mr Gove before Christmas.

8 December 2011

The Day Of The Eurodead

by John de Roe

While we wait for Mario Merkozy and the other Euro rats to eat each other here are a few snippets from the EMU break-up prophecies published in the past few days.

The Dutch bank ING has revised its numbers, calculating that the Greek Drachma would fall by 80pc against the D-Mark in a dismembering of the European Single Currency involving Euro member states reverting to their own currencies.The Escudo and the Peseta would both fall by 50pc, and the Lira and the Irish Punt by 25pc. Germany, INGS says, would suffer a "deflationary shock".

The whole eurozone would plunge into a recession that would make the one following the banking meltdown in 2008 look like a walk in the park. A GDP contraction of around 9pc across member sttes in 2012 would send shockwaves round the world. Germany would see it's economy shrink by 7 per cent, France 9 per cent, Portugal 12 percent and Greece by 13 percent.

Outside the Eurozone, the UK would see a 5 per cent contraction), Poland 6.5 per cent, USA (who have their own problems) 2 percent and Japan 1.5 percent).

It is not all bad news however. The price of oil would drop to $55 a barrel. The US would experience deflation but fuerl prices would fall.

The contraction would continue into 2013, before gradually stabilizing probably resulting in a period of stagnation.

"Events of the past year have proved beyond doubt that the Eurozone is far from a textbook `optimal currency area' (well some of us said it was unworkable and insane, motivated more by a wish to establish a European superstate as a stepping stone to global governance than an attempt to bring economic stability to the poorer nations of Europe. It is now, however, an omelette that cannot readily be unscrambled and restored to three separate eggs.

The ING report is less dire than a UBS press release predicting a 50pc collapse in peripheral GDP, and 20pc to 25pc in the core, but it still begs the question: "If the intra-EMU currency misalignment was so out of kilter that free floats would cut Greece by 80pc, and Spain by 50pc, it surely validates the eurosceptic argument that monetary union has become a preposterous and unworkable arrangement, an obsession of power crazy world domination freaks rather than a solution to economic problems. The sceptics are right of course, well I'm one of them and on economcs I'm never wrong.

It will take hideous contortions to hold the system together for year after year if ING is close to right on these numbers, with perma-slump, endless austerity, and ever greater macro-economic absurdities, so why persist? Breaking up the Euro single currency system will be painful but not as bad as perpetual pain. Let's get the cancer cut out, get the pain over with and get back to somethink like normality.

Some economists are of the opinion that the D-Mark will soar against the dollar after a break-up, mimicking the Swiss franc. They are wrong. The New DMark would be sucked down by the depression and mayhem following a breakup.It is naive to think the euro could rally if Greece was offered an exit route that guaranteed a soft landing. The problems are systemic, there are only three nations out of the 17 that use the Euro not running a contant deficit. Welfare systems, deindustrialisation and ageing populations have taken their toll. The core currency, even without Greece would plunge below dollar parity, and perhaps below $0.85.

The base case of governments and central banks remains that EMU will survive, courtesy of a ‘grand bargain’ that exchanges tighter fiscal discipline and economic reform for German support for ECB action to aid the funding of peripheral governments and banks. Then the question would be how long could the German coalition survive in the face of anger among German voters.

The most likely is most Euro nations, the exceptions being Germany, Austria, The Netherlands, Finland and Luxembourg, will end up with zombie economies, stick in stagflation and permanent austerity, staggering from crisis to crisis. WEhatever happens however it is going to be a double bill horror show.

7 December 2011

UK manufacturing adds to economic gloom

Britain's manufacturing sector returned worse-than-expected performance figures in October, shrinking 0.7pc and heightening fears that the UK economy will contract in the fourth quarter.

Economists had forecast a smaller decline of 0.3pc, but the eurozone debt crisis has had greater impact on business than anticipated. The Office for National Statistics data were "hugely disappointing" according to Howard Archer, chief UK economist at IHS Global Insight.

"Hopes raised earlier in the year that the manufacturing sector could see extended healthy growth and help the economy to see more balanced activity now seem a distant memory," he said.

Broader industrial production - which includes mining and utilities as well as manufacturing - also contracted by 0.7pc against expectations of a 0.3pc fall.

The weak data suggested stagnation in manufacturting could act as a drag on growth in the final quarter of the year, as producers are hit with falling demand for their goods both at home and abroad.

UK jobs market in rapid decline

by Xavier Conolly

Britain's jobs market is in rapid decline as flagging business confidences forces employers to delay hiring decisions, a new report reveals.

Unemployment could rise to 3m, according to KPMG business consulting group and the Recruitment and Employment Confederation. A joint report warned of further job losses as the number of people placed in permanent jobs fell at the sharpest rate since July 2009.

On a scale where anything above 50 represents an increase in hiring, the report’s jobs index reached 48.2 in November, down from 49.7 in October and way below its pre-credit crunch peak of 64.1.

The report warned the growth in permanent job vacancies eased back as employers became increasingly concerned over the eurozone crisis and global growth prospects. The rate of growth for temporary jobs also scaled back from October, meaning pay pressures were subdued across permanent and agency staff.

Bernard Brown, partner at KPMG, said uncertainties in the European market could send unemployment soaring to beyond 3m, up from its current 17-year high of 2.6m. “Whilst most commentators suggest unemployment will peak lower than three million, this figure may be tested in the year ahead,” he said. “Economic uncertainty is resulting in a number of employers placing jobs on hold and taking longer to make recruitment decisions. Last week’s Autumn Statement contained a number of welcome measures aimed at helping businesses to grow and to ease red tape around employment but they are unlikely to make much difference in the short term.”

The report showed a slight boost in the number of candidates available for jobs but at the weakest rate of growth since May, suggesting fewer people were willing to quit their jobs in turbulent times.

“The jobs market has been slowing since May but this slowdown has accelerated in the past three months. The decline is being driven by falling business and consumer confidence.

Analysts expect unemployment to rise in December and January. Employers are finding it difficult to recruit people with the right skill sets, with engineering, construction, IT and computing skills being among those regarded in short supply.

Another Tory Minister Breaks Ranks To Tell Cameron There Must Be A Referendum On Europe

by Ed Butt

Following our recent reports on hints from Minister Iain Duncan Smith and influential backbencher Douglas Carswell of a Tory rebellion against the Prime Minister's europhile stance, another senior minister, Northern Ireland Secretary Owen Patterson, Owen Paterson, the Northern Ireland Secretary, has said a referendum on Britain's relationship with the European Union is "inevitable".

Mr Paterson’s comments, in an interview with The Spectator, are the most serious Conservative challenge yet to David Cameron’s European policy. Mr Cameron this week insisted that the proposed “fiscal union” among eurozone members does not involve a transfer of British power to Brussels, therefore there is no need for a referendum.

Mr Paterson countered his leader by saying that the creation of a more integrated eurozone “will create a brand new relationship” between Britain and the EU. That change, he suggested, must eventually trigger a referendum in Britain on the new arrangements to be discussed at a Brussels summit tomorrow.

If we confine the argument to simple economics, while it is hrd to see what concrete benefits Britain gets for the £40 million a day EU membership costs us, there is a case for remaining in the community. With the Eurozone nations racing towards a German led bureaucratic dictatorship with the central government of the single European nation being apointed by Brussels and Brussels being told what to do by Germany there is no case at all for being part of the neo Nazi Fourth Reich Europes leaders long for.

If the fiscal union of the 17 Euro members goes ahead, thgose nations will have to vote as a bloc on any European laws and regulations. Thus the remaining nine members who are not members of the single currency system can never hope to influence policies to which their EU membership will bind them.

We would, in effect, be ruled from Germany.

WADDA WE WANT?
A REFERENDUM
WHEN DO WE WANT IT?
NOW!

6 December 2011

Bank of England Steps In To Prevent Euro Break Up Causing A New Credit Crunch In Britain

The Bank of England has stepped in provide the banking system with more money to overcome the risks to financial stability from a market-wide shortage of short-term sterling liquidity.

Read Full Post Bank of England Steps In To Prevent Euro Break Up Causing A New Credit Crunch In Britain In The Daily Telegraph

This should prove to our lily livered leaders we are better off managing our own fiscal policy. The Eurowankers couldn't organise and orgy in a brothel.

Have Cameron's Attempts To Drag Us Into A European Fiscal Union Doomed Him

by Ed Butt

Longtime Eurosceptic cConservative MEP Daniel Hannon has attacked David Cameron many times, highlighting Cameron's slavish devotion to the idea of a single European superstate ruled from Brussels by a government of appointed Bureaucrats. Last week Dan was joined by former Tory leader Iain Duncan Smith who slated the Prime Minister's slimy attempt to wriggle out of his promise that we would have a referendum before he made us part of an authoritarian bureaucratic dictatorship.

Now influential backbencher Douglas Carswell has joined the attack on he scumsucking spawn of a pox whore's scab lce who want to give away our national sovereignty in exchange for a seat on the gravy train for themselves. The outspoken eurosceptic said ministers and civil servants could not be “trusted” to negotiate with other member states in the national interest.

Mr. Carswell also said plans by Angela Merkel, the German Chancellor, and the French President Nicolas Sarkozy to change existing treaties to cope with the eurozone debt crisis should be a trigger for British renegotiation.

His comments echo Iain Duncan-Smith's call for a referebdum on any treaty But Mr Cameron, who is attending a meeting of the European Council in Brussels later this week, insists that nothing has changed to justify such a move. Oh no? Well why are the Krauts and Frogs talking about a two tier Europe with the seventeen members of the single currency system voting the waqy Germany tells them to outvote Britain and other nations that have retained their own currency on laws imposed by Brussels that will affect British people?

Mr Carswell said the current new treaty discussions offered an opportunity for those supporting a renegotiation of the UK’s membership of the EU.

“This is an unprecedented opportunity for us to get the deal that we want,” he said, during a discussion on BBC Radio 4's Today programme. “The issue is can we trust ministers and senior civil servants to negotiate the deal on our behalf – I believe not." Neither do I, in fact I could throw any of those smooth faced arse bandits a lot further than I would trust them.

“The only way that we can get the deal that is in the national interest is if ministers and mandarins know that the result has to be put to the people in a referendum.”

Not only is Mr. Carswell right, his comments highlight tensions within the Coalition over Europe that is stretching the government to breaking point. While the crypto-fascist, pseudo liberasl Democrats are all for global governments, multiculturalism and all the other Politically Correct bullshit the Conservatives are close to all out rebellion against Cameron and Clegg's pro Europe, one-nation-at-any-price stance and are pushing to “repatriate” powers.

Simon Hughes, the Lib Dem deputy leader, told the programme that the coalition agreement blocked any referendum on the issue unless it involved a fresh transfer of powers to Brussels – an option not currently on the table.

“We have enough problems in the European Union dealing with the euro without the UK being part of a referendum option as well,” he said.

Time for Nigel Farage to step up to the mark and tell Cammers and Clegg, Simon Hughes and all the other spineless, limp wristed stoat felchers to fuck the fucking fuck off because there's a home in UKIP for MPs who value Britain's nationhood.

Not long ago The Daily Stirrer said the final war would not be between nations or cultures but would set the elite and their arse lickers against the people.

On the lighter side we have two stories from the world of statgazing today:

Scientists Find A Planet That Might, Just Possibly, Support Life

. by Ian R Thorpe

In another step toward finding ~~alien lifeforms who will teach us lots about really clever stuff like time travel and teleporters~~ Earth-like planets that may support life similar to thsat found onb earth, NASA has announced the Kepler space telescope has confirmed observing its first-ever planet in a habitable zone outside our solar system.

Confirmation means that astronomers have seen it crossing in front of its star three times. But it doesn't mean that astronomers know whether life actually exists there, simply that the conditions are right. What they have seen might be the Midgard Serpent chasing it's own tail for all they know.

Potential life bearing planets have to be the right distance from their star to support water, plus have a suitable temperature range and atmospheric composition to support life. And if they are to support inteligent life there are other things that must be in place; Television, pubs, a beer making industry, a welfare state system and football stadiums.

"We have now got good planet confirmation with Kepler-22b," said Bill Borucki, Kepler principal investigator at NASA Ames Research Center told media representatives. "We are certain that it is in the habitable zone and if it has a surface, it ought to have a nice temperature".

Spinning around its star some 600 light years away, Kepler-22b is 2.4 times the size of the Earth, putting it in class known as "super-Earths," and orbits its Sun-like star every 290 days. Its near-surface temperature is presumed to be about 72 degrees Fahrenheit (22 Celsius). Scientists do not know, however, whether the planet is rocky, gaseous or liquid. Ah well gaseous could be a bit of a problem unless the life forms are like Amoeba Constabulae. In which case our first explorers would be able to say, "It's life Jim, but not as we know it.)

It should be mentioned that a light year is the distance travelled by light at 186,000 miles a second, in one Earth year. So obviously the scientists know there are lifeforms there because with super dooper radio telescopes they can see the little green buggers waving to us. But at that distance we will never see them with the naked eye. Let's hop Santa Claus brings us all some good binoculars.

The planet's first "transit," or star crossover, was observed shortly after NASA launched its Kepler spacecraft in March 2009.

Kepler is NASA's first mission in search of Earth-like planets orbiting suns similar to ours, and has so far cost the US space agency about $600 million.

But these are exciting times for ~~Trekkies~~ Astronomers; this is the fourth "first" earth - like planet discovered in the past two years (OK, I admit one was only a maybe).

Kepler is searching for planets as small as Earth, including those orbiting stars in a warm, habitable zone where liquid water could exist on the surface of the planet. In addition to French astronomers' confirmed finding of Gliese 581d in May, Swiss astronomers reported in August that another planet, HD 85512 b, about 36 light years away seemed to be in the habitable zone of its star.

However, those two planets are "orbiting stars smaller and cooler than our Sun," NASA said in a statement, noting that Kepler-22b "is the smallest yet found to orbit in the middle of the habitable zone of a star similar to our Sun." In other words these guys have no idea if any of the possible life supporting planets could actually support life. And as show above it wll be quite some time before we can get there so all they will have to go on is guesswork, supposition and wishful thinking.

Once again we at Boggart Blog feel the scientists are so lost up their own equations they are missing the point. The surest sign that intelligent life exists elsewhere in the universe, is that none of it has tried to visit us yet.

Footnote:
A total of 48 exoplanets and exomoons are potential habitable candidates, among a total of 2,326 possibilities that Kepler has identified so far. The top rankers are listed in an online catalog that indexes bodies outside our solar system .

And these people want to spend shitloads of money styudying this planet? Cunts.

Are We Becoming Internet Lab Rats

It's Life Jim But Not As We Know It.
What happened before Big Bang

Two New Black Holes Are The Biggest Ever

by Xavier Connolly

Scientists have discovered the two biggest black holes yet observed, each with an estimated mass billions of times greater than the Sun's, according to a study published on Monday, December 5. The two giants are located in the heart of a pair of galaxies several hundred million light years from Earth, said the study in scientific journal Nature. OK well, as the scientists are measuring light arriving at observatories from the region of the two galaxies, that means the light set off from there a few hundred million earth years ago. So the supposed Black Holes might not even be there now. So what significance does this have to us as we wrestle with economic problems, overpopulation, joblessness etc?

Wait though, the scientists have not finished being irrelevant yet. Each black hole is estimated to have a mass about 10 billion times greater than our sun, dwarfing the previously largest known black hole, which has a mass of 6.3 billion suns. And how to they know this? Has anyone ever been to a black hole and taken measurements? Unlikely as in theory nothing can get out of a black hole once it is sucked in.

These conclusions have been arrived at on the basis of "evidence" gathered by some cretin siting in a study performing equations on data he had made up. You think I am just being sarky? No, the cretin's name was Albert Einstein and unfortunately most modern science is based on his "scientific method" of deciding what answer you want and then tailoring the data to fit.

The latest extravaganza in Einstein worship comes from a University of California, Berkeley, team led by Nicholas McConnell and Chung-Pei Ma. The unlikely sounding duo said one black hole is located in NGC 3842, the brightest of a cluster of galaxies about 320 million light years from Earth.

The second hole, of "comparable or greater mass" and is located in NGC 4889, the brightest galaxy in the Coma cluster, about 335 million light years away.

"These two black holes are significantly more massive than predicted," the astronomers wrote.Their calculations suggest that different evolutionary processes influence the growth of the largest galaxies and their black holes than in smaller galaxies. Calculations eh? Never any real evidence with these characters is there. Well as I said, we aren't likely to be able to travel several hundred light years into space in the near future. Why can't these vain, self aggrandizing research grant phishers see it does not matter at all what is going on in deep space, even if it affects us in any way there is sod all we can do about it.

Astronomers have long supposed that since the universe began it has harboured black holes with a mass the size of the two newly found giants. These cosmic gluttons grow in tandem with their galaxies, slurping up gases, planets and stars. "There is a symbiotic relationship between black holes and their galaxies that has existed since the dawn of time," Kevin Schawinski, a Yale astronomer said in a June study.

What these stupid coneheads are overlooking while creaming their underpants in sheer excitement over this "discovery" is even if we could travel at the speed of light (186,000 miles per second) it would take hundreds of millions of years years to get to these galaxies. At the speed our fastest currently operational spacecraft can reach ( about 10) miles a second) it would take over a billion years to get there.

And people are spending taxpayers money on studying this stuff. Cunts.

15 December 2011

Israel and USA war covert war on Iran.

Former US intelligence officials and Iran experts believe the USA and Israel are already 'involved in covert war against Iran with the aim of bringing about regime change in that country. It is rumoured last month's explosion at a military base near Tehran was part of a covert effort by the US, Israel and other states to overthrow the Islamist regime disable Iran's nuclear and missile programmes, The Los Angeles Times reported late on Sunday.

The huge explosion ripped through the Revolutionary Guard Corps base on November 12, levelling most of the buildings and killing 17 people, including a founder of Iran's ballistic missile program, General Hassan Tehrani Moghaddam.

The newspaper said the goal of the covert campaign is to derail Iran's quest for a nuclear weapons capability.

"It looks like the 21st century form of war," said Patrick Clawson, director of the Iran Security Initiative at the Washington Institute for Near East Policy, adding. "It does appear there is a campaign of assassinations and cyber war, as well as the semi-acknowledged campaign of sabotage."

Any such operation would be highly classified, and those who might know of it are not likely to be giving press conferernces.

For years, the United States and its allies have sought to hinder Iran's weapons programmes by secretly supplying faulty parts, plans or software, according to information leaked from western security sevices. So far there is no proof of a camaign of sabotage, but Iran's nuclear programme clearly has hit obstacles that thwarted progress in recent years.

Art Keller, a former CIA case officer who worked on Iran,was quoted in the LA Times as saying. "It's pretty much the stated mission of the (CIA's) counter-proliferation division to do what it takes to slow Iran's weapons of mass destruction programme."

Many Western experts are convinced that American and Israeli engineers secretly fed the Stuxnet computer worm into Iran's nuclear program in 2010, The LA Times pointed out. The virus reportedly caused centrifuges used to enrich uranium to spin out of control and shatter, the paper said. We should remember however the computers used to manage the nuclear project are not internet enabled, are not Microsoft Windows, Apple or Linux devices and were supposedly infected in a sting operation on two Iranian scientists that would have made a story too far fetched to be the plot of a James Bond film.

It is far more likely that /Barack Obama, the puppet President (and allegedly closet Muslim) whose strings are pulled by the Saudi Royal House according to many Bammy - watchers, has been told by his paymasters, devout Sunni Muslims) that the Shi'ite regime in Iran must go.

It is not many weeks since The Daily Stirrer reported that Obama had ordered American combat troops into Uganda to supposedly quell the terrorist activities of a rag bag bunch of bandits, The Lord's Resistance Army, led by a renegade Christian preacher. The great peacemaker, the great conciliator, the vacuous windbag who promised a post racial, post sectarian world in which we would all join hands and sing Kumbiya before The President Of The Entire Universe And Everything Else Besides, with one wave of his magic penis made all the problems disappear instantly.

Somehow we get the idea that China, Russian and India are not going to buy into the idea of Obama's omnipotence. Right now he may be a cretin and an imbecile as many of us warned but he is America's cretin and imbecile, soon he could be the world's problem.

3 December 2011

The Danish Experience - Problems With Wind Power And The Truth About Turbines

The truth about wind turbines, their real efficiency as opposed to the hyperbolic claims of clean sustainable energy firms and their lobbyists, politically correct politicians and green activists and how wind farm operators have been given a licence to pick the pockets of taxpayers

The Danish Experience - Problems With Wind Power And The Truth About Turbines RELATED POSTS:
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We Need Nuclear Power - There simply is no realistic alternative. Sustainables are not reliable.
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Climate Science Is Wrong: To save the planet we need more CO2 not less
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The Geo-engineering scam, a plan to save the planet that will destroy the planet
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Outbreak of Democracy In St Petersburg, Russia, Outrages The Left by Ed Butt

Groups on the left of the political spectrum love to rant about equality buy on leftie farm as on Orwell's Animal Farm the left like to pick and choose which causes are more equal than other. Thus a new local law putting a restraint on gay propaganda in St. Petersburg, Russia has lefties, gays and lesbians wailing and gnashing teeth against this outbreak of democracy.

Outbreak of Democracy In St Petersburg, Russia, Outrages The Left

2 December 2011

Can The Euro Be Saved

The mainstream media have caught on at last. Here is what Daily Telegraph economics writer Damien Reece said today (three days after The Daily Stirrer said the same thing you might notice):

The clock is ticking for the euro. After 11 years circulating in shops and bars from Athens to Zeebrugge, there are, it is said, just 10 days left to save it – or perhaps eight, since it was on Wednesday that Olli Rehn, Europe’s Economic and Monetary Affairs Commissioner, made his startling prediction of the euro’s imminent demise.

The fact that Rehn, an official at the heart of the euro project, came out with such a stark assessment has brought what many thought was unthinkable into the realm of the thinkable. So thinkable, in fact, that governments (including our own), central banks, lawyers, financial institutions and investors are making contingency plans for what is assumed will be an economic event of cataclysmic proportions ... Read full article

More posts on The Debt Crisis
More posts on Europe

1 December 2011

Why The USA Fears The Euro Zone Crisis

As the Federal Reserve joins global central banks in a collective action against the looming euro meltdown, Slate's Matt Yglesias explains why it's so crucial that the U.S. participate: non-American banks hold nearly 50 percent of the U.S. dollars in the world, and a European crash might suddenly make them unavailable to American borrowers. "You never want the people in charge to actually set off a panic by speaking too soon about hypothetical calamities, but we’d all better hope that somewhere in the basement of the Treasury Department and the Federal Reserve they’re prepping a Plan B to keep money flowing even if European finance dries up."

Eurodoom, the theory that is speading fear and panic through the world's financial markets predicts the European economic crisis could devastate the U.S. This would also be devastating for the emerging economies of the third world as they rely on western consumerism to provide a market for their goods.

The severity of the economic crisis in the Eurozone is perhaps best understood if we use it to put into perspective a striking statement made this week by a senior Polish politician Radek Sikorski. "I will probably be the first Polish foreign minister in history to say this," he said, "but here it is: I fear German power less than I am beginning to fear its inactivity."

Poland is not a member of the European Single Currency system, but the unease among Polish leaders is understandable. Poland's exports to its EU partners that are Eurozone members constitute more than 10 percent of Polish GDP, so a massive economic contraction would have a catastrophic knock on effect in Poland.

But what has the United States of America to fear except fear itself? US exports to the Eurozone are only around 1.3 percent of GDP. That is a fleabite, not enough to fund Barack Obama's spending on neighbourhood parties at The White House for a month. Looked at in dollars it might seem an enormous amount to someone earning only slightly above the statutory minimum wage but in terms of the national economy it's peanuts. This might suggest that the US economy has less to fear from the collapse of the Euro than from the expiry of the Bush income tax cuts and the Obama payroll tax cuts.

To understand America's problem we need to look at what is happening in Europe from a different angle.The reason the United States could face catastrophe if the Euro single currency system goes tits up. A fact well-known to financial practitioners but unknown to the public, and occasionally mentioned by Nobel Prize phishing economics professors is that a very large share of the world’s dollars, close to 50%, are held in non-American accounts. Indeed, for several years in the the first decade of this century the total dollar assets of non-American banks actually exceeded the total assets of the U.S. commercial banking system and even today, after Obama's three year money printing exercise, the ratio is close to 1:1.

A daunting possibility suggested in a Nov. 7 lecture “Global Banking Glut and Loan Risk Premium” (PDF) by Princeton professor Hyun Song Shi. These dollars, mostly held by European-headquartered global conglomerates are not isolated from the American economy. Just as U.S. firms and households deposit money in American banks and take loans from the banks, Europe's global banks act as intermediaries between borrowers and investors. It's how the whole global economy has worked for 200 years. A 2010 Bank of International Settlements survey (PDF) revealed that as of 2009, 161 foreign banks were operating 226 branches in the United States that raised more than $1 trillion in wholesale funding, largely through money markets. Dollars raised in the United States tend to ultimately work their way back to the United States through the labyrinthine networks of the banking system. European banks aren’t the only ones in this game, but they are the largest player. The upshot is that decisions made in Europe about how much leverage to take on play as important a part in determining American lending as do decisions made in the United States.

The Professor goes on to argue that European decision-making played a large role in inflating the now departed credit bubble that burst in 2008. That may outrage some American patriots but if it helps them learn that the global banks cannot truly be described as American, Bitish, German, Chinese etc. as they have no identifiable owners but instead through cross investment all own each other it may help both conservatives and liberals who are even more out of touch understand how the world really works right now. The liberals of course will simply refuse to believe it, close their minds to the truth and start yelling "conspiracy theory". But at least they will have no reason to be surprised on waking up one morning to find they are no longer free individuals.

The realistic implication, however, is that a massive and sudden contraction of the European economy would make those foreign held dollars unavailable to American borrowers. This would immediately cause a tightening of credit conditions in the United States. If European finance houses are sudenly forced to hold onto cash the dollars held by European banks would suddenly be placed beyond the reach of American commercial lenders and by extension business and domestic borrowers.

Orthodox economic thinking as expressed by government officials and economic analysts reported in mainstream media does not yet appear able to join the dots that link Europe’s difficulties to moves in the American credit markets.. Yesterday the Organization for Economic Cooperation and Development (OECD) released updated economic forecasts reflecting new pessimism by saying “Euro area growth is forecast to slow down from 1.6 percent this year to 0.2 percent next year”, having a small impact on an American economy that will still grow by 2 percent.

Since 2008 however policymakers have suffered from a bias toward optimism. Europeans were initially far too smug about the idea that they were insulated from problems relating to a housing bubble on the other side of an ocean. Then, in 2010, American policymakers were far too impressed by good news from the labor market and leapt to unwarranted conclusions about a “recovery summer.” Now the risk is that American leaders will overestimate their nation's degree of insulation from problems in the European banking system.

Britain 'will join euro before long’, says German finance minister
Also: [">Daily Stirrer, Nov 2011] ... [Debt Crisis ]
Ancient National Cultures To Be Crushed Under The Wheel Of Global Naziism.
Germany's Plan For The Euro? Forward To The Past.
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Are We Sacrificing The Future To Save The Euro The Curse Has Come Upon Me Cried The Lady Of Threadneedle Street ">World Bank Chief Warns Golbal Economy Is Entering A New Danger Zone Eurogeddon Postponed Termporarily Due To Financal Conjuring Tricks
more posts on The Debt Crisis

Oxford don's Voltaire reference at heart of race discrimination case
It could only have happened in the cloistered world of Oxford University. A history tutor’s passing reference to a character in Voltaire, while he was considering candidates for the job of head chef at his college, has four years later become the focus of a race discrimination case. The reference, which can only be inmterpreted as a reference to somebody's unrealistic optimism has been twisted in the warped minds of the "progressive" left who say it refers to a stereotype for Afro Carribean males as being lazy and stupid.
read all
Another case of how politically correct idiocy is making it impossible to say anything to a black person.
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30 November 2011

Only Ten Days To Save The Euro
by John de Roe
The proposed Eurozone bail-out fund will fall short of the €1 trillion promised in October, as finance ministers seek ways to use IMF resources to underwrite the debts of southern Europes financial basket cases. We only have ten days left to save the Euro.
Europe is entering a crucial ten days to in which leaders must find a way to save the single currency if they are tp prevent the eurozone disintegrating, a leading EU monetary chief warned after finance ministers from the currency bloc admitted they may need IMF help to increase the firepower of their bailout fund. Can anyone save the Eurtozone from collapse as the Joker of Beijing tries to take over the world?
DA-DA-DA-DA-DA-DA-DA-DA-DA-DA-DA-DA Merkel.
The only prtoblem with that of course is the German taxpayers are sick of stumping up their hard earned to support the single European nation project so beloved of their own leaders and others. If the current government gives in to bdemands that they must hoist tax rates to stratospheric levels to save the single currency Mrs Merkel's ruling coalition will collapse and in the ensuing election Germany will swing to the right with Eurosceptic conservatives and radicals holding the balance of power in the Bundestag. Mrs Merkel's party would become so unpopular they would likely be consigned to the political widerness
"We are now entering the critical period of 10 days to complete and conclude the crisis response of the European Union," Economic and Monetary Affairs Commissioner Olli Rehn said on Wednesday as EU finance ministers met in Brussels.
His comments came as Gerard Lyons, chief economist at Standard Chartered, said: "The euro cannot survive in its present format. Throughout the year I have stressed that the world economy could suffer a double-dip if it was hit by one of three factors: an external shock, a policy mistake or a loss of confidence. Unfortunately, in recent months, the euro area has been hit by all three. And that is why the euro area will slip back into recession in 2012," he said in his Economic Outlook for November.
So a perfect storm for the single currency then. Well we all know what happened to George Cloony's boat in the film of that name.
Mr Rehn also warned that the scale of the downturn will be determined by eurozone leaders' policy actions and the extent to which confidence is hit. Confidence in Europe remained low in financial markets on Wednesday on disappointed at attempts to increase the firepower of the eurzone bailout fund. Italian and Spanish borrowing costs, having already passed the 7% danger level continued to rise as stock markets fell. Wolfgang Schauble, Germany's finance minister, said Europe's "big bazooka" rescue fund is not ready and won't stem the region's debt crisis.
Eurozone finance ministers, who were meeting ahead of the Ecofin summit today, acknowledged the €440bn (£376bn) fund would not win support to leverage it up to €1 trillion. Its capacity would be between €500bn and €700bn instead – a total that is unlikely to be big enough to rescue Spain and Italy.
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The Coalition Is Packed With PR Men So Why Can't It Sell Reform
An excellent article on the problems in British society from (Lord) Norman Tebbbit, the old Tory political buriser. I never had much time for his politics of his party but have always admired people willing to speak their mind and challenge the orthodoxies of the day.

The press, radio, TV and the blogosphere will be filled for days with noisy comments on the state of the economy and the efforts of the Chancellor to pull it out of the mess left by the Great Borrower, Gordon Brown, and the architects of the euro disaster. Important as that is, there are other matters to be addressed. Some, like the great euro disaster, are not within our ability to put right. Indeed more and more people across the political divide are now concluding that the euro as it is cannot survive at all, and that without tremendous political and economic surgery, even a scaled down euro may be unable to survive for long. The best the UK can do is to avoid being dragged into that burning house and to make sure that the conflagration does not consume our own house. There are plenty of other matters crying out for attention. Despite all the promises and protestations, immigration is unchecked. While the Left wrings its hands at the appalling unemployment figures, it hides its face from the truth ...
Read the full article at The Daily Telegraph
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29 November 2011

We Might As Well Ask The CRU climate scientists to forcast the economic trends
by Ed Butt

He who forecasts all perils will never sail the seas (Eric Cantona)
As our finance expert John de Roe digests today's economic statement by Chancellor George Osborne we advise readers to ignore gloomy economic forecasts from supra national bodies with close political ties to the "New World Order".
Both the OECD (Organisation for Economic Cooperation and Development) and the OBR (Office for Budget Responsibility) along with numerous other thinky tanky type thingies published their latest economic forecasts ahead of the Chancellors statement. These forecasts which are invariably gloomy and predict death and disaster for any nation which does not surrender its sovereignty to "The New World Order" elite of scientists, academics, politicians, financiers and bureaucrats, are invariably different from their previous forecasts but without ever acknowledging the previous forecasts were completely wrong. Unfortunately media commentators and political public relations advisers are taken in by the affectations of gravitas these people adopt and on their every word.
Arguments ensue about whether the government's deficit reduction plan can be salvaged, with pundits on each side pointing to different bits of the latest report to support their point of view. What seems to escaped everyone's attention is that in publishing predictions of a slide back into recession(which everybody except the OECD, OBR, other thinky tanky type people and the most Panglossian and wide eyed worshippers of the Obamesiah knew over two years ago) these academic "experts" with their infallible mathematical models are admitting that the economic forecasts in their previous reports were wrong to forecast a continues gradual recovery. They will not acknowledge this because it means their latest predictions using the same computers, same mathematical modelling software and the same techniques for manipulating data are also likely to be completely wrong. The lesson here, which everyone seems to ignore, is that economic forecasting is not merely an inexact science – it's pure voodoo.
I'm not just saying this because the latest OECD report – and, in all likelihood, the latest OBR report – are generally unfavourable to the Government. I don't like the current British government any more than I liked the last one. I would not take the forecasts of economic think tanks any more seriously if they were predicted growth and a return to prosperity, easily available cheap credit and a sharp rise in property prices which would up my income from investments and rents. Quite simply it is all pie-in-the-sky, somebody who casts the runes would have as much chance of getting it right.
There are some regular commenters on all my blogs who are fond of telling me they would rather believe the predictions of mathematical modelling over the mumbo jumbo of people who cast the runes, study the stars or examine the entrails of sacrificed animals. While we should pity such people for they way they cling to a pathetic, irrational belief in reason, order and logic, we must respect their right to believe what they wish, we should not heed their threats that catastrophe will result if we do not all adopt their religion.
The odd thing is that anyone takes seriously the forecasts of organisations whose previous forecasts are so consistently inaccurate. It's almost as if the cilimate scientists of East Anglia University Climate Research Unit, (famed for the Climategate deleted emails and destroyed data scandal) popped up on the television and said, "We know we have been caught concealing data, obstructing Freedom Of Information requests, perverting the peer review process, telling pork pies and conspiring with equally corrupt colleagues to discredit people who challenged us and phishing for bigger research grants by manipulating data to give the answer our paymasters wanted and all our forecasts over the last thirty years have been wrong wrong on every, but we should not be judged on what has happened in the past, you can be sure it's going to snow in early November and Britain will have shitloads of show and record low temperatures, even colder than the record lows in November and December 2010 " Well they did, and it didn't. We have just had one of the mildest, driest Novembers on record.
Instead of politicians and business leaders judging they can safely ignore whatever they thinky tanky gravy train riders say, the people who put themselves forward as leaders show the mindset of people who are not even qualified to serve as followers, they run around like headless chickens, saying, "Snow? Snow? The nation will come to a standstill; or "Recession, the economy contracting, it's the end of civilisation as we know it. This can only end in disaster!"
For our forecasts of climate change or economic progress we should turn to the bookies. And they are offering long odds against catastrophic climate change in the next fifty years but are refusing to take bets on the economic performance of the developed nations because they say it would be like risking money on a three legged horse ridden by a blind jockey.
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28 November 2011

Should The USA Step In To Save The Eurozone?
Should the (US) Federal Exchange step in to save europe from financial disaster asks economic analyst Ambrose Evans Pritchard. The question might seem to be a straight yes or no answer but when you remenber Ameria's debt situaytion is as bad or possibly worse than Europe's the real complexities start to become visible.

The Euribor/OIS spread or`fear gauge’ is flashing red warning signals. Dollar funding costs in Europe have spiked to Lehman-crisis levels, leaving lenders struggling frantically to cover their $2 trillion (£1.3 trillion) funding gap.
America’s money markets are no longer willing to lend to over-leveraged Euroland banks, or only on drastically short maturities below seven days. Exposure to French banks has been slashed by 69pc since May.
Italy faces a “sudden stop” in funding, forced to pay 6.5pc on Friday for six-month money, despite the technocrat take-over in Rome.
German Bund yields have risen to 59 basis points above Swedish bonds since Wednesday’s failed auction. German debt has been relegated suddenly against Swiss, Nordic, Japanese, and US debt. As the Telegraph reported two weeks ago, Asian central banks and sovereign wealth funds are spurning all EMU bonds because they have lost confidence in a monetary system with no lender of last resort, coherent form of government, or respect for the rule of law.
Even if EU leaders could agree on fiscal union and joint debt issuance – which they can’t – such long-range changes cannot solve the immediate crisis at hand. The push for treaty changes has become a vast distraction.
Read full article

Well as Mr. Evans Pritchard says, the push for treaty changes that will alter the political stucture of the EU and pave the way for the creation of a single European superstate has distracted leaders who should be focusing on saving the Eurozone's poorer nations from the debt crisis and moves to hamstring nations like Italy, Greece, Portugal, Ireland and soon, we hear, Spain and Belgium so they are unable to take the necessary actions to deal with their own economic circumstances has now dragged even the economic powerrhouse that is Germany into recession.
This economic crisis has always been lurking in the shadows, failure was programmed into the Eurozone when debtor nations like Italy and Greece were tied to the German economic machine, unable to take the poor nations traditional emergency exit from the burning building by devaluing their currency to reduce the burden of debt.
So once again The Daily Stirrer says "We told you so."

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26 November 2011

The Pain In Spain as Green Energy Policy Fails
You will not find anything in mainstream media, either print or broadcast, about the failure of the green energy initiatives that have left Spain in dire economic strais or Denmark in the dark. Bizarre, as other governments are pressing ahead with plans to make us reliant on these crackpot schemes and intellectual wanks of mad scientists ...

Read main post: The Pain In Spain as Green Energy Policy Fails
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25 November 2011

Forward To The Past With Clegg and Cameron's Youth Training Scheme

Teenagers To Be Given Jobs Funded By The Taxpayer
The Coalition's big idea for tackling the problem of unemployed teenagers is provoking "bben here before" reactions as people recognise it is a thinly disguised revival of the notorious Youth Training Schemes introduced by Margaret Thatcher's government in the 1980s. Trainees will have half their wages paid by the taxpayer if companies offer them a job.
Nick Clegg, the Deputy Prime Minister today announced the £1 billion scheme to pay firms more than £2,000 for each young unemployed person they hire. The payment — effectively a taxpayer-funded bribe for companies — is designed to get more than 400,000 young people into work.
The scheme will be funded, according to Mr. Clegg by freezing tax credits for up to three years, hitting millions of workers earning up to £28,000.
Yesterday it emerged that the number of so-called NEETs — young people not in education, employment, or training — has risen to 1.163?million. This represents an increase of 12 per cent over the past year.
Mr Clegg said that the government would not allow a generation to fall behind or young people to bear the brunt of the recession. “Youth unemployment is an economic waste and a slow-burn social disaster,” he said. “We can’t lose the skills and talent of our young people, right when we need them most. We can’t afford to leave our young men and women on the scrap heap. We need the next generation to help us build a new economy."
He's talking bollocks of course, we have exported all the low skilled and starter jobs to low labour cost countries and so totally anhilated the traditional industries there are few apprenticeships available to provide a route into skilled work or middle management. Burger flipping is not really a career choice although McDonalds remain the biggest hirers of graduates in the British economy.
Like the defunct YTS, the coalition plan will raise concerns about firms securing cheap labour for unskilled menial jobs subsidised by the taxpayer. There will also be fears that companies will “churn” young workers, replacing those subsidised by taxpayers with new recruits once the government payments end. As we said above, been here before.
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The Decline And Fall Of The Bureaucratic Empire
How Brussels Stifles Democracy in Europe - an essay from Daniel Hannan
How could so many clever people get it so wrong? The flaws in the euro project are not just clear with hindsight; they were visible at the outset and were widely pointed out. It was never going to be possible to jam widely divergent economies into a single monetary policy. It was plainly reckless to invite Italy and Greece to join the new currency when their government debt was at twice the permitted level of 60 per cent of GDP. Plenty of doubters said so at the time. Yet, in every national parliament, in every central bank, in every university faculty, in every television editorial conference, there was a collective suspension of disbelief.

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Doctor Training Must Teach How To Make Patients Conform To Sterotypes
byEd Butt
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Children Are Bring Given Chemical Cosh For ShynessChildren are being prescribed mind-altering “chemical cosh” drugs for conditions such as shyness and mild social anxiety, behaviour experts have warned. Young people are routinely being given medication to treat normal childhood conditions, it was claimed, despite fears over their long-term health. The disclosure came as it emerged that the number of eight- to 13-year-olds on drugs such as Ritalin has soared seven-fold since 1997. In many cases, pupils are being put on medication amid fears from parents, teachers and doctors over a serious deterioration in ...

Millions Taking Statins NeedlesslyUp to 3 million people are taking statins needlessly, doctors warn today in a comprehensive study that suggests they are ineffective in many cases and could be doing more harm than good. An authoritative review shows there is little evidence that the cholesterol-lowering drugs ...
Everything They Said Is Bad For You Is Good For You.Just when you thought it was safe to go back into the pleasuredome Nanny State's Politically Correct Thought Police are now using CAll Me Dave's Dave's nudger try to nudge us towards being better citizens, eating more shite and refusing things we like, drinking less booze, smoking less ciggies, avoiding dangerous sports like bowls and tiddleywinks, driving less miles in a less cavalier fashion and being less idle (unless of course being idle is the alternative to driving, boozing, eating or enjoying yourself by doing things the Thought Police do not like.
Flu Deaths Hit Fifty This YearMore official bullshit from the Ministry of Fear and Panic. Quite what the aim of this is as most of the overbought flu vaccine from the bird flu scare of a few years ago, another pandemic that did not happen, are past their 'use by' date now and clinics are running out of vaccine. People need to be told not to panic, that (as Dr. Hilary Jones assured viewers on breakfast TV this morning, 'flu is a relitavely mild illness and only in a very small number of cases does it pose a serious threat to
The Swine Flu Scam RevisitedAs the swine flu pandemic that did not happen last year refuses to happen again this year the fear and panic industry has gone into overdrive over a handful of serious cases of flu that might or might not be the notoriously elusive H1N1 variant. Like Ponzi schemes, health scares resurface with amazing regularity. Remember how last year the ...
Selling Swine Flu The Second Time RoundGPs have been reminded to offer all pregnant women flu vaccines this winter, amid growing concern that expectant mothers are being given mixed messages by medical staff.
Cervical Cancer Jab To Replace Smear TestsGirls who have the cervical cancer jab may only need screening twice in their lifetime, an expert said today.
Cervical cancer should become a "rare disease" thanks to the introduction of the vaccine, said Professor Peter Sasieni, from Queen Mary, University of London.
The Cancer Of Modern LifeMedical research insititutes continue to spend vast amounts of money on cancer research and the less level headed types involved, the boy - scientists twiiter about finding a cure for cancer as if it were one disease with a single identifiable cause. New research however suggests cancer is just one of the hazards of modern life.
Dementia Time BombClimate Change will not seriously affect us for several decades but has been a great way for governments and their clueless pet scientists to divert attention from much bigger problems that threaten developed nations, over population, food shortages and ageing among them. Read this shocking article on the social and financial burden of dementia.

Recycling Into DangerPower may well corrupt but it certainly removes those who hold it from reality. So as Gordon Brown squats in Downing Street hoping that a bizarre sequence of events following the indecisive election will lead to him staying on as Prime Minister in a hung parliament one cannot help but think The Gordon Show is turning into a Truman Show type movie fantasy.

Your Shit Is Unique: More Shit Science From The No Shit Sherlock School Of ScienceMedical Science is always looking for new worlds to explore, final frontiers to cross. We have reported on many branches of sciene, mouse, hockey stick, crocoldile and other but none more unappealing thaty the universe that exists up you arse. Now science has taken a great leap up the arse of humankind to explore the life of the shit uinverse and its many unique and individual life forms...
Drugs OnlineOne of the few growth industries is the selling of fake prescription drugs online. So long as the drugs sold as viagra, vallium, ritalin etc are just sugar pills there is no harm done. It's when people buy the real thing the trouble starts...
Five a DayPower may well corrupt but it certainly removes those who hold it from reality. So as Gordon Brown squats in Downing Street hoping that a bizarre sequence of events will lead to him staying on as Prime Minister one cannot help but think The Gordon Show is turning into a Truman Show type movie fantasy
Who Wants To Live ForeverNever a week and scarecely a day goes by without the latest shot in the wannabe global government's campaing of fear and panic being fired at us ordinary folk. It will relate to health, drink, drugs, diet or smoking. The lastest on the British front in this war on reality is a warning that air pollution in casusing 55,000 early deaths a year
NHS Patient: I Am Not A NumberThe labour government made a huge error in placing targets and statistics ahead of patient care in the NHS. Nurses complained they were spending more times filling in forms and dealing with paperwork than they were on patient care. Now Labour are screaming about the coalition's proposed cuts in NHS budgets. But the cuts will reduce numbers of managers and administrators, not nurses and front line staff.
NHS spening cutsThe labour government made a huge error in placing targets and statistics ahead of patient care in the NHS. Nurses complained they were spending more time bean counting than they were on patient care. Now Labour are screaming about the coalition's proposed cuts in NHS budgets. But the cuts will reduce numbers of managers and administrators, not nurses and front line staff.
Nurses Spend Too Much Time Bean CountingThe labour government made a huge error in placing targets and statistics ahead of patient care in the NHS. Nurses complained they were spending more time bean counting than they were on patient care. Now Labour are screaming about the coalition's proposed cuts in NHS budgets. But the cuts will reduce numbers of managers and administrators, not nurses and front line staff.
Swine Flu ScamIf you are reading this it is probably a good indication you are alive. Swine Flu did not kill you A year ago the government was warning this virus would kill any of us that did not get the overpriced vaccine big pharma made and us taxpayers so generously forked out for. So what happened? Why are so many of us still alive?
Well We Did Warn YouA new health scare pops up every week it seems and with each scare comes a public information campaign costing millions and telling us what we have all known for years or do not give a brass fart about anyway.
Every Day In Every Way Tyranny Creeps A Little CloserThe NHS has come up with a scheme to deny care to people whose behaviour has contributed to their ailments. Smokes lung problems will go untreated, alcoholics livers will remain enlarged and fat people's bad backs will get no sympathy or pain killeres. But how far will this health tyranny go. 'No, you can't have a midwife, you got yourself pregnant, deal with it. We've got paperwork to do?

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24 November 2011

Scientists Lied To Us Again, Paracetemol Does Kill
by Ian Thorpe
People who habitually self medicate for chronic pain by taking more than the recommended daily maximum dose of paracetamol could be at a higher risk of dying or permanently damaging their internal organs and nervous system than those who take a one-off overdose of the drug, a study has revealed.
The danger arises because the so-called staggered overdoses are more difficult for doctors to diagnose and therefore treat.

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23 November 2011

Vulnerable Old People Routinely Abused By Carers
Results from a year-long inquiry into standards of care for the elderly at home how clear evidence of pensioners and vulnerable people being deprived of food and drink, handled roughly, humiliated and even robbed by people employed to care for them. Many incidents amounted to "abuses of human rights", which left elderly people feeling profoundly depressed, humiliated, in tears and even expressing "a desire to die", the report said.
The Equality and Human Rights Commission warns that care workers often spend just 15 minutes with an elderly person, ticking off pre-arranged "tasks" in an approach that displayed "chronic disregard" for the person's dignity.
In one case, an elderly blind man complained two council carers were talking to each other over his head, leaving him feeling like "a lump of meat". In another, a 76-year-old woman with advanced cancer was told her care worker could not prepare her a microwave meal because of "health and safety" rules.
Baroness Greengross, the commissioner responsible for the report, told The Daily Telegraph that 250,000 vulnerable pensioners in England were receiving "poor or very poor" standards of care at home.
The findings represent the latest in a series of scandals to hit the industry that has grown around caring for the exoloding number of old people in England. A series of damning inquiries by inspectors highlighted the failure of NHS hospitals to treat older patients with dignity, leaving them dehydrated and malnourished. While medical scoience poses and preens as the latest increaces in longevity are announced we see another demonstation of the great failing of scientists. They are so obsessed with their own cleverness they never think of what consequences migt result from their self aggrandizing work.
The 115-page report, published yesterday, estimated that only half of the 500,000 people receiving home help with tasks such as washing, dressing and cooking were satisfied with the quality of their support.
But "significant shortcomings" in the way councils commissioned services from private care firms and nursing agencies led to breaches of basic human rights for "hundreds of thousands" of frail pensioners, it said.
The report, which gathered evidence from 1,254 individuals, local authorities, care providers and other groups in England, reported:
• Older people were not being given adequate support to eat and drink, while a shortage of time for visits meant some were suffering "neglect".
• Money was "systematically stolen over a period of time" in some cases.
• Carers showed "chronic disregard for older people's privacy and dignity".
• Staff were "talking over" older people, sometimes on mobile phones, or patronising them.
• Examples of "physical abuse" included "rough handling" and "unnecessary force".
Lady Greengross highlighted "disgusting" examples of age discrimination in the way councils organised care for vulnerable elderly people. While young disabled adults were often taken out of their homes on trips, the elderly were almost always left for hours alone at home, she said.
"We are talking about a quarter of a million people who are getting either very poor or poor care. Some of them are too frightened to complain. Some of them wouldn't know how to."
Lady Greengross warned that too often care workers were constrained by a "task-oriented" system, in which they are allocated no more than 15 minutes for a visit and by a box ticking mindset among their managers. This meant many pensioners were being deprived of "basic social interaction".
The commission called for a loophole in the Human Rights Act to be closed to require councils to agree human rights clauses in contracts with groups providing care workers.
The charity Age UK condemned the "shameful" findings, while Liz Kendall, the shadow minister for care, said the report portrayed "a service stretched to the limit". She urged ministers to join cross-party talks to devise a solution.
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22 November, 2011

Thomas Cook About To Go Bust, Meeting With Banks As Business Dries Up
by Cleo Hart
The world's oldest and probably most respected travel firm Thomas Cook saw shares drop by more than 50pc after the struggling European tour operator said it was in talks with its banks regarding its financial future. Cook's reported trading has deteriorated and its cash position weakened so far its position is untenable.
"The company is in discussions with its principal banks with regard to its financial facilities during the seasonal low period of cashflow in the travel business," it said in a statement on Wednesday. The holiday group has issued a number of profit warnings this year and parted ways with its long-standing chief executive.
A spokesman for the firm added: "While the Company currently remains in compliance with its financing covenants, it also intends to seek agreement from its lending banks to adjustments that will improve its resilience if trading conditions remain difficult."
Thomas Cook said it would delay publication of its full-year results, originally due on Thursday, until the discussions are concluded. It is expected full-year operating profit will be in line with previous guidance. The vagueness of these statements gives a clue how bad things are.
In September, Thomas Cook suspended dividend payments to rebuild its balance sheet.
Manny Fontenla-Novoa lost his job as Thomas Cook chief executive in August after the third profits warning of the year, triggered by the under-performance of its UK business and political unrest in key tourist markets such as Egypt and Tunisia.
The final months of the year are a time when cash inflow at the tour operator is usually weak because it is a quiet time for bookings.
Shares in the group tumbled 51.5pc in early trading today.
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Austerity for 10 years as no 'quick fix' for Britain, Reform warns
by Ian Thorpe
An economic Think Tank has warned Britain needs 10 years of austerity to fix its economic problems. Reform questioned Coalition plans to restore growth by triggering a building boom with taxpayers money and urged George Osborne to stick to his programme of spending cuts.
Suming up the prospects for the economic recovery as "bleak", Reform said that "slow growth is inevitable given the levels of debt the nation is burdened with". It added: "Even under the best economic scenario, the austerity programme should be at least a 10-year project with the first parliamentary term achieving deficit reduction and the second consolidating the gains." One has only to look at recent Daily Stirrer reports on the plight of the Eurozone and the state of the U.S. economy as President Obama continues strugling to understand that reading words from an autocue does not actually fix any problems.
Declaring "austerity is the new normal", the think-tank stressed that the Government "must avoid the temptations of quick fixes and inconsistency" if it is to attract the business investment that will drag the country back to health. "There is a view that the recovery from the financial crisis should have been largely instantaneous and painless but this is clearly unrealistic," the Reform press release said. "An excessive emphasis on quick fixes – prioritising immediate wants while postponing hard decisions – is one reason the UK economy is in the mess it is in. Inconsistency increases uncertainty and uncertainty reduces firms' incentives to invest and expand."
In its paper, The Long Game, Reform argued that there is little the Chancellor can do to stimulate the recovery bar holding a strict line on fiscal discipline, simplifying taxes and regulations, and maintaining consistent policies. Patrick Nolan, chief economist, said: "Mistakes made over the last decade mean that the UK now needs to go through a long period of low growth."
The think-tank also raised doubts about the wisdom of plans to reschedule £200bn of infrastructure spending, saying that "taking a 'build it and they will come' approach is a dangerous and potentially wasteful stance". The Prime Minister yesterday confirmed that the Chancellor will announce incentives for infrastructure investment in his autumn statement next week.
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Why Obama's Supercommittee faild to cut the deal on cutting the budget
by James Dahl
A day before Obama's much hyped bipartisan congressional supercommittee hit its drop-dead deadline for producing a plan to cut trillions of dollars from the US deficit, and only days after the country passed the $15 trillionth milestone of borrowed money, panel members took to the airwaves and billboards not to negotiate a last-minute deal, but to blame the other guys for messing everything up.
“There’s a 99 percent chance this goes belly-up tomorrow,” a senior Democratic aide told reporters, describing a process in which Republicans refused to negotiate any deal without an extension of the Bush tax cuts, now set to expire in 2013. “It’s not entirely clear how it’s going to fail, but it’s going to fail.”

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21 November 2011

How Can Britain Retain The Confidence Of The Bond Markets And Avoid The Worst Of The Euro Collapse?
by John de Roe
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RELATED POSTS: Britain 'will join euro before long’, says German finance minister The Great Conciliator Promises New , Bigger Wars For America
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What If Brussels Apponted All European Governments
by Ian Thorpe
Following the imposition of Eurocrat governments in Athens and Rome, Quentin Letts indulges in a little conceit, wondering what a Brussels-backed British government would look like. His roll-call of the oily intellectuals Europhile Establishment is so incisive that, having begun his piece snorting with laughter, I finished it alarmed that he might be putting ideas into people's heads
What if the EU chose our cabinet too? As a Brussels power grab leaves Italy run by officials... imagine if it happened here what bland, smooth face slimeballs would run our country. They would make the current crop of spineless, principle - free politicos look like the latest shiney, highly tuned products from the charisma factory. It has been coming for a long time. I remember the last permanent job I held before going freelance as a consultant. The company, one of Europe's foremost electrical appliance firms wanted to keep its reputation as a fair employer and so rather than clear out the dead wood it asked who would be willing to be made redundant. I didn't fancy twenty years looking at the same faces in the same office and so put my name down. The generous package would buy me time to get established as a freelance.
My manager was appalled that my application was accepted. "How can you let guys like this go, people who can think for themselves, aren't afraid of responsibility and are prepared to make decisions, and yet keep time servers?" I was told he said in a meeting with Human Resources. He was told, "The future of this company lies with people who can work to procedures. People who go their own way cause problems.
And so we have gone on in that direction for the past thirty years.
With most of Europe in hock to its Franco-German masters and the prospect of a Federal Superstate coming closer every day, democracy it seems is so last century.. The political changes on the Continent this month make the rule of Russias Czar's up until 1917 look positively liberal (I mean that in the David Llloyd George sense not the Barack Obama crypto - Stalinist sense).
The newly appointed Greek prime minister, Lucas Papademos, is a wealthy economist and former vice-president of the European Central Bank. He holds nothing so sweaty as an elected position having been foisted on the Greek people by the EU in a Coup de Bureaucrat. The new Prime Minister of Italy, Mario Monti has never had to trouble himself with the the tawdry populism of campaigning. Not a single member of the new Italian Cabinet has been elected to the Italian parliament. Mandates? Who needs elections, to get the governments the people driving "the agenda" want, all they have to do is engineer a debt crisis.
Sure, it's a long game, ten years has elapsed since the Euro replaced the individual currencies of Europe's sovereign states, ten long years for the farce to progress to its inevitable conclusion, the ending predicted by anyone who had the slightest understanding of economics.
"The agenda" was never about economic stability of course, it was about the creation of a single European nation to be ruled not by an elected government but by an appointed elite .This is the age of technocrats, bureaucrats and academics not elected politicians. Silly, outmoded notions like one person, one vote have no place in this Brave New World. A committee of faceless pen pushers and bean counters holds all the votes.
But consider what kind of a government we might have if the bean counter of Brussels were to appoint our next government. The high and mid level offices would go to federalists. Blair, a committed one worlder and supporter of supranationalism in spite of his warmongering ways, might return as Prime Minister. Peter Mandelson, the collaborator - in chief as Foreign Secretary, Europhile Chris Patten as Home Secretary, Fred Goodwin, the discredited banker who steered Royal Bank of Scotland to bankruptcy, Chancellor of the Exchequer?
If you think what we are going through now is a nightmare, what lies in wait across the channel is worse.

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19 November 2011

Britain 'will join euro before long’, says German finance minister
Ian Thorpe
19 November 2011
[an error occurred while processing this directive] RELATED POSTS: Sacrificing the future to save the Euro
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Saving the Euro? It's The Sovereignty, Stupid
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SOME ADDITIONAL QUOTES FROM LEADING EUROPEAN FIGURES: We British trust their politicians too much. Who do you think has been telling the lies by saying the EU is just a benign free trade club for members, the European politicians or the British politicians?
"The time for individual nations [in Europee having its own tax, employment and social policies if definitely over. We must finally bury the erroneous ideas of nations having sovereignty over foreign and defence policies. National sovereignty will soon prove itself to be a product of the imagination." — Gerhard Schröder, Chancellor of Germany, January 1999.
Future referendums will be ignored whether they are held in Ireland or elsewhere' : Valery Giscard d'Estaing (former President of France and President of the EU Convention) speaking after the EU the rules of which prevent any changes affecting national sovereignty being implemented until they are ratified by all member states had refused to accept the rejection of the Lisbon Treaty after Irelan, they only nation to grant it's voters a referendum. Ireland was simply told the result of their referendum was wrong and they must hold another.)
"Our continent has seen successive attempts at unifying it: Caesar, Charlemagne and Napoleon, among others. The aim has been to unify it by force of arms, by the sword. We for our part seek to unify it by the pen. Will the pen succeed where the sword has finally failed? " — Valery Giscard d'Estaing (again), in a speech in Aachen accepting the Charlemagne Prize for European integration, 29th May 2003
"The good thing about not calling it (the Lisbon Treaty) a Constitution is that no one can ask for a referendum on it." — Giuliano Amato, former Italian Prime Minister and Vice-Chairman of the Convention which drew up the Constitution, speech to the London School of Economics, 20th February 2007
The Lisbon treaty was agreed in order to advance the integration agendsa after a Proposed EU Constitution which would have effectively created a single nation of the EU sovereign states was rejected in referenda by the electorates of France and The Netherlands)
"It [the Euro] is a decisive step towards ever closer political and institutional union in Europe. Above all, it is political." — Carlo Azeglio Ciampi, Italian Finance Minister, The Daily Telegraph, 1st January 1999.
"Sometimes I like to compare the EU as a creation to the organisation of empire. We have the dimension of empire." — José Manuel Barroso, President of the European Commission, EUobserver, 10 July 2007
"We know that nine out of 10 people will not have read the Constitution and will vote on the basis of what politicians and journalists say. More than that, if the answer is No, the vote will probably have to be done again, because it absolutely has to be Yes. " — Jean-Luc Dehaene, Former Belgian Prime Minister and Vice-President of the EU Convention, Irish Times, 2nd June 2004
'The Europe of Maastricht (the treaty that paved the way for political and financial integration) could only have been created in the absence of democracy' - Claude Cheysson French Foreign Secretary.
"Today, I will give this cast-iron guarantee: If I become Prime Minister, a Conservative government will hold a referendum on any EU treaty that emerges from these negotiations." — David Cameron MP, The Sun, 26th September
2007 "I do not believe for a single second that the British people actually want a referendum..." David Cameron – October 2011
‘As long as I’m Prime Minister Britain will never join the euro’ – David Cameron at the Conservative Party conference October 2011
'Britain will join the euro before long - this may happen more quickly than some in the British Isles currently believe' Wolfgang Schauble, 18th November 2011

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Speed Of Light Broken Again
Xavier Connlley
19 November, 2011
[an error occurred while processing this directive] RELATED POSTS:
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The noise from militant atheists is becoming unbearable as they scream and shout about superstition and magical thinking. So what if science came up with something that turns upside down everything we thought we knew about the nature of the universe. Well it has, twenty years ago. Quantum entanglements, non - separability, oneness, once it enters the public perception we will suddenly have to see ourselves differently ...
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A lot of fear and panic is being spread and a lot of nonesense talked and written about the risks of nuclear power and the threart to health posed by radiation and radioacive waste in the wake of the nuclear power station accident at Fukushima, Japan. All electricity has environmrntl impact and the risks from nuclear reactors and radiation are vastly exaggerated ...
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17 November 2011

The Great Conciliator Promises New , Bigger Wars For America
. by Ed Butt
Barack Obama has pledged to expand America's military presence in the Asia Pacific region as a "top priority" as he declared the US intends to shift its focus from the Middle East. The US president said America was "all in" for the coming Asian century and the region was crucial to his country's economic recovery. He also made clear he will continue his Orwellian foreign policy initiative of endless war.
"As we end today's wars, I have directed my national security team to make our presence and missions in the Asia-Pacific a top priority," he said.
"Reductions in US defence spending will not – I repeat, will not – come at the expense of the Asia-Pacific project. Our enduring interests in the region demand our enduring presence in this region,"
In a 25-minute address to the Australian parliament described by the White House as an "anchor speech" for his 9-day visit across the region, Mr Obama said the US "is a Pacific power – and we are here to stay."
Well that's an object lesson on how to piss off the Chinese. I'm not the only one to think so either. Speaking in the guarded language of international diplomacy, former Australian defence official, Professor Hugh White, from the Australian National University, said the deployment to Darwin was "not a wise move" and could heighten distrust between the US and its potential Asian rival.
"Everybody in Asia wants the US to stay engaged – and nobody wants to live under Chinese hegemony," he told the British journalists, adding "But nobody wants the US-China relationship to become contested, because nobody wants to have to choose between the two, especially not Australia. We love US primacy if it is uncontested as we have enjoyed it for the past 40 years – that is the era that is ending as China power grows."
Mr Obama said the US would seek to co-operate with China but would speak candidly about human rights and territorial disputes."
Amid growing political pressure over the nation's stalled growth and spiralling debt – which has now topped $US15 trillion – Mr Obama said Asia marked "the future" and was crucial to restoring America's ailing economy. So why is he so determined to piss off China, the regions other great power, India whose Prime Minister gets regular lectures from Obie on how India should be run not for the benefit of its own people but for the benefit of the Obama administration.
Is there anybody in the world who does not yet understand Obama is a total turd and a suppurating syphilis sore on the bell end of humanity? His paymasters, the New World Order promoting Bilderberg Group say dance and Obie starts capering around like a caricature negro in a 1930 comedy film. He will stop at nothing, no matter how damaging it is to western interests, in order to big himself up.
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Straus Khan Named In Another Sex Scandal Dominic Strauss Khan, remember him, the alleged rapist and New World Order supporting former head of the International Monetary Fund) has ben named in another sex scandal. This time the randy old goat and international economist has been accused of attendind sex orgies with younfg prostitutes who were paid with taxpayers money.

Read more on Dominic Strauss Khan sex orgies allegations
Is there no end to the arrogance of these self aggrandising tax eaters? The Daily Stirrer has said for a long time the third world war will not be between east and west nor Chistianity and Islam. It will be between the people and the international elite. And it looks as if we are well into the opening sorties already.

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16 November
Oops, we slipped up yesterday, everyone thought someone else was doing something. Oh well, we never said The Daily Stirrer was anything but an amateur hour publication.

Youth Unemployment Highest Since 1986
by John de Roe
Youth unemployment increased to 1.02m between July and September as was widely predicted. This figure is the highest number of young people unemployed since 1986. There were 1.02m unemployed 16 to 24 year olds in the three months to September 2011, up 67,000 from the three months to June 2011.
The Government will inevitably come under increasing pressure to explain why 21.9pc of those aged under 25 are unable to find jobs.
The Office for National Statistics (ONS) said the figures were the highest since the current method of counting was introduced in 1992 but earlier data, calculated on a different criteria, showed youth unemployment last reached these levels in 1986. Put simply, the figures mean almost two fifths of those aged 16 to 17 are out of work, while a fifth of 18 to 24 year-olds are jobless. Even stripping out the number of young people in education but looking for a job, the youth jobless rate is still more than double that of other age groups, at 20.6pc.
In another set of catastrophic labour market figures, total unemployment increased by 129,000 over the period to reach 2.62m, or 8.3pc, the Office for National Statistics (ONS) said today. This is the largest quarterly increase since the three months to July 2009 and marks a 17-year high in joblessness. Long-term unemployment, that is those out of work for a year or more, has jumped by 31,000 over three period to 868,000, while almost half a million people (422,000) have been unemployed for two years or more - a 29pc rise compared to a year ago.
The number of people claiming Jobseeker's Allowance last month increased by 5,300 to 1.6m, said the ONS - the eighth month in a row the claimant count has increased. However, this was a smaller increase than in previous months.
There was further evidence in the information published that the UK's North-South divide is worsening came when the largest decrease in employment was in the North East. The only notable increase in employment was in the South West, the statistics showed.
So what is going on? We have commented repeatedly in The Daily Stirrer on the follies of successive governments since 1980 in pursuing policies that rewarded corporate interests for killing jobs in the domestic economy, exporting work in traditional industries to low labour cost economies and making Britain too reliant on financial services and debt driven consumption, and the spineless way politicians have caved in to unelected cabals like the Politically Correct Though Police (a.KO.a civil rights hustlers) in allowing the collectivist left to hijack the education system, the institutions of government and the legal system.
In addition to burdening the wealth creators with this burden of bureaucracy we have also hamstrung employers with stupid European laws like the human rights act, the equalities bill and the employment act. Is it any wonder nobody is hiring?
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America Ignores Long Term Jobless At It's Peril
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After 99 weeks as officially unemployed Amertican jobsekers are dropped off the register and classed as no blonger seeking work. This happens in Britain too, after 104 weeks. So remember when politicians point to improvements they are forgetting this invisible army of jobless people.
In some major British cities, Manchester, Nottingham and Newcastle among them, in many households there is nobody resident who has ever had a job. What hope is there for this underclass.
How can it be that while the jobless numbers measured by benefits claimants can fall, in the same period the number of people not working can rise.? It's the magic of statistics.
Unemployment Rockets To Highest In 17 YearsHere we look at latest UK employment figures as the number of jobless people continues to rise and the number of available jobs to fall ...
More Graduates Stuck In Low Skill JobsMore University graduates, on leaving college are being forced into taking jobs that do not require graduate level educational qualifications due to lack of openings for graduates in the jobs market, according to research published today. The study shows that six months after leaving university, approximately 40% of last year's graduates are ...
Number Of Jobless Falls But Are Figures True?The total number of unemployed people decreased by 17,000 in the three months to February, according to official figures. The official number unemployed, based on those claiming jobseekers allowance stands at 2.48m. The drop was greater than the 4,000 decrease expected. The unemployment rate for all age groups also fell unexpectedly by 0.1% to 7.8%.
Government Still Creating Non JobsAs Coalition ministers strive to find ways of cutting Britain's crippling public sector deficit, Labour councils are still creating 'non - jobs', positions crreated to appease politically correct prejudices, service the vanity of executives and elected officials and buy votes from minoroties. We look at the nature of some non jobs taxpayers are funding ...
The Real Story Behind Obama's Job CreationLast week's announcement by the U.S. labour department that the American economy had created 216,000 jobs in March was seized on as cause for celebrations by sychophantic Obamessiah cultists desperate for something to praise "The greatest human being who ever lived" for. Obama cult inhouse newssheets The New York Times, the Washington Post reported that ...
Welcome To New World OrderIs there really a shady group of super rich individuals, George Soros, Bill Gates, Warren Buffet, Mauruice Strong and others less well known but just as powerful who are collaborating to overthrow the free nations and establish a global oligarchy, Novus Ordo Seclorum, the New World Order,. You have heard all the conspiracy theorie, now see the evidence.

War On Non JobsLocal authorities around Britain have hired an extra 180,000 workers since 1997, with the total number of town hall workers not employed in traditional front-line roles now standing at almost 750,000, according to ministers in the coalition government. The government is highlighting the figures at a time when local authorities ...
No Real Jobs In The New EconomyGordon Brown's Labour government and the failing Obama administration in the USA, feeling power slipping through their fingers, are trying to lull people into a false sense of security with claims the 'green' and the 'digital' economies will restore prosperity. This as a blatant lie, nobody needs a PhD in economics or Social Science to understand that the "new economy" of green businesses and digital commerce will destroy not create real jobs...

Minimum Wage Folly A Return To Speenhamland?The minimum wage is meant to alleviate poverty and resolve problems with unemployment but as Ian R. Thorpe shows, as with all the cure all, politically correct social engineering wheezes dreamed up by the "progressive left" every time a minimum wage scheme is implemented it achieves the opposite of what is intended...
The Real Unemployment FigureNew unemployment figures released yesterday show unemployment fell by 0.1% in the three months December to FebruarY. Contained in the figures was a statistic that undermines government talk of an economic upturn. This is the number of people in work. Headline unemployment has fallen the number of people in work has also fallen. What's going on?

Debt Crisis: UK Growth Forecast Slashed

by Ian Thorpe
16 November 2011

The Bank of England has slashed its forecast for growth in the UK economy in the light of new jobless figures and other economic indicators. The Bank warned that the absence of a credible solution to the eurozone debt crisis poses the biggest single risk to the economy.

Publishing its latest quarterly Inflation Report, the Bank cut its forecast for 2011 growth to about 1pc from its August forecast of about 1.7pc. It forecast growth of about 1pc for 2012, down from 2pc, and forecast 2.5pc growth in 2013, down from its earlier forecast of 3pc. What The Bank does not tell us is that while inflation is running head of growth we have a worse outcome than rampant inflation eroding savings and earnings, we have deflation in which the economy is contracting as prices fall simply because nobody is spending and thus profits from which wages, salaries and dividends are paid are stagnant if not actually being cut.This is just as The Daily Stirrer has predicted. We know what can be done to solve the problem too but the financial and political establishment will not do it because it would be an admission they had got everything absolutely wrong for the past thirty years or more.

Sir Mervyn King, the Bank’s Governor, said growth over the next few quarters was likely to be "markedly weaker" than the Bank had previously thought, as businesses postpone investment and households become more reluctant to spend. UK activity was likely to be "broadly flat" until the middle of next year, he said, but there was no way to quantify the effects of the "most extreme outcomes associated with developments in the euro area." If we were entirely dependent on the Eurozone as some of our leaders including committed New World Order supporters Cammers, Clegg and Miliband would like us to be, our future would indeed be bleak.

Fortunately we have the option to pull back from the Euronazi experiment, cosy up with our natural allies, Australia and Canada, strengthen ties with the Commonwealth and lead a move for a regrouping of EFTA, the old, not bureaucratic, non - New World Order free trade grouping. A European free trade zone is a great idea, a European single political nation incorporating all current EU members, the rest of the former Soviet Union basket case republics and stretching into the middle east and north Africa which is what the Portuguese Marxist EU President Barroso and the other unelected bureaucrats who run the European Union are talking about right now (and Cammers, Clegg and co are involved in those discussions) is the worst possible idea. The last European to consider such a notion was a little Austrian guy named Adolf Hitler.

So with public opinion in the UK overwhelmingly anti EU, will Cammers have the guts to tell the New World Order oligarchs to fuck the fucking fuck off or, more likely perhaps, will the Conservatives have the guts to dump Cameron and get a leader who as Prime Minister will make sure his first loyalty is to the people of Britain and not to the supranational elitists who want to rule the world but shun responsibility.

14 November 2011

Britain To Become A Nation Of Renters?

by Xavier Connolly

Think back to the heyday of Maggie thatcher when government propaganda was pumping out the message that people who rented their homes were not simply second class citizens but actually lower in the scheme of things than plague carrying rats. If you were not buying your house you were not a human being, the thinking went. And people were buying anything that looked remotely house like. I remember one person who worked in the organisation I was with buying a "rural conversion property" thinking they would renovate and make a fortune.

The house had not been lived in for many years. Still no problem, get the builders in, get a decent roof on it, replaster, modern plumbing etc. Alas no, not only was the property a grade 2 listed building, its walls were wattle and daub, i.e. clay mixed with straw daubed over willow wattles or hurdles. And the willow was rotten which meant the daub tended to crumble as soon as it was touched.

No worries thought the aspiring property developer, there's plenty of land. We'll just leave the old place to quietly decay and go back to nature while we build a nice detached home on the adjoining land. Alas no planning permission was forthcoming. The council may have been ready to reconsider, they said, once the original property was renovated. But any attempt to renovate would result in the listed building falling down and the person responsible would face the wrath of not only the law but the jam and Jerusalem brigade.

I left that organisation before the story was resolved and never learned the outcome. The last I knew was the buyer was threatened with loss of their home as debts mounted. Such was the madness of the 1980s property bubble. The new millennium property boom is still imploding and may turn out to be worse. But at least one good thing has come of it. People who rent houses are no longer lower than plague carrying rats in fact renting is once more considered a sensible option for many people.

More than half (54pc) of Britons questioned in a poll commissioned by Grainger, one of the UK's largest private residential landlords, expect that in 15 years more people in the UK will be renting their homes than owning. Which is exactly where we were before Maggie started flogging off council houses at knockdown prices.

The breakdown shows around 30pc of homes are rented and and 70pc are in private ownership (this is always misleading, most are being bought on mortgages so the mortgage payers cannot be said to truly own their homes until the final payment is made). With social (council and housing association) renting expected to stay fairly stable at 16pc, the survey implies that private renters – currently representing 17pc of the market – will double by 2016, said a representative of Grainger.

“There is a new housing reality dawning on Britain: the financial crisis has tightened mortgage lending; house prices continue to be uncertain; and, frankly there are simply too few homes for the demand,” said Nick Jopling, the company's executive property director. “More and more people are renting.”

The survey found that 40pc of people now see renting as a first step on to the housing ladder. In addition, 92pc of young people polled (18 to 34-year-olds) said they saw renting as the only way they can move out from their parents’ homes.

The younger generation was also less likely to place they buying of a house on a twenty five year mortgage first among their priorities as they did 25 years ago. Grainger saw this as evidence that the "stigma" of renting is dissipating over the generations.

13 November 2011

So How Is That Hopey Changey Green-weeny Thing Going Over The Pond?

When Barack Hussein Obama was elected to the Presidency the first thing he did after capering around singing "Oh Dem Golden Slippers," and "De Camptown Races" was to embark on a programme of stimulus spending which he said would kick start the American economy. He would do this, his aides promised by investing in "shovel ready projects" (i.e. hiring guys with ripped oiled bodies. dressing them in fetish harness and gimp masks and having them shovel money into a bottomless pit) and the green economy. This, as American's now know involved giving away lots of their hard earned to his old friends and the most generous campaign donors.

But were these always fit and proper people to receive government investment in the form of loan guarantees?

A company set up with $500 million of Obama's stimulus money to make and sell solar panels that would generate electricity from sunshine and feed it into the national grid declared itself bankrupt in September and in the wake of that a scandal is brewing with allegations of cronyism, corruption and financial irresponsibility flying round Washington and sticking like shit to anyone they come in contact with. The Solyndra scandal and the bankruptcy of other "green economy" ventures carries echoes of the dotcom boom in which businesses reliant on an unproven technology were set up with vast cash investments though they had no saleable product, no design, no realistic patents, no revenue stream and no business plan. In many cases these companies did not even have an idea, just an idea that if they could come up with an idea it would be cool to raise some investment funds and go into business.

Solyndra went bust having lost all of the tax payers hard earned by borrowing up to its credit limit and spending the money on researching luxury offices with en suite Jacuzzis, cocaine parties, expensive sports cars, expensive champagne and expensive women. Unfortunately the details of their downfall are sub judice.

Boggart Blog however managed to get a transcript of the inaugural meeting of another greenbubble startup, CaliforniaSunshine Corp.

Hey Jughead, dude, hows it going?

Cool.

Me and the guys, dude, we were just talking about getting in on this green energy thing and, like, getting some stimulus money.

Cool.

We thought solar panels was good, I mean how hard can it be? Sheet of glass, some of those little buttony things, wire and plastic frames. It's a cinch.

Cool

So we thought seeing you, dude, met the Prez one you could, like, call him up.

Cool.

(dip dippydip dip dipittydip dip dip dipidip ... ring-ring ring-ring ring-ring ... Hey yeah, it that The White House ... cool, is the Prez dude there ... a name? Barry ... yeah I guess that would be President Obama, tell im it's Jughead from L.A. ... cool.

They just gonna find him guys.

Hey, hi Prez dude, it's Jughead. The thing is Barry me and some of my buddies were talking 'bout setting up a green energy company and we were, like, wondering if you could help out with investment, what with you being into green stimulus and all. ... yeah, Jughead ... yeah you do know me ... sure you do, we met in a toilet in MacArthur Park, I get you snort a line of coke off my ... yeah, back in the closet now, OK, I unnastand. Anyway like I said, me and my buddies need some investment to get our solar panels factory up and running and my ol' buddy Barry was the first person I thought of ... Yeah, MacArthur Park ... yeah right off of it ... how much? Well how much you off'rin' ...Two hunnert and fifty million dollars, wow, cool, hey that's ..What? .... just a moment Barry, Mr. President, my budd ... partners need to speak to me.

"Never accept the first offer Jughead, first rule of dealing - and business; go for more, go for double,"
For fuck's sake guys, two hunnert and fifty million is more'n we'll ever make.
Yeah but if he offered two fifty mill for starters he's prepared to go higher. Go for double
Double, that's like ... er ...
"Half a billion Jughead, tell him it's going to take half a billion to get up and running.

Hi Mr. Prez Barry dude, yeah, our accountant says it will take half a billion, 500 million. You're our only hope of gettin' that kind of cash Barry, if you can't stretch to that I guess I'll have to write a book about my life or somp'n ... Yeah, the toilet in Macarthur Park ... yeah that was the date ... you will! Wow cool. all of it! Wow cool. Details? Yeah, I'll hand you to my buddy, he has a PayPal account.

Well, those of you who feel shocked and betrayed at the way the Obama Presidency has turned out don't get any sympathy from The Daily Stirrer. We did warn you of what would happen if you voted for him. MORE on the Solyandra bankruptcy.

Soylandra Solar Panel Maker Seeks Bankruptcy
Solyandra Bankruptcy Was A Disaster Waiting To Happen
Dark Clouds In Solar Power Industry
Solyandra Bosses Paid Themselves Bonuses Before Declaring Bankruptcy
Whiff of scandal taints Obama

12 November 2011

What The Death Of Michael Jackson Says About Us All

by Ian R Thorpe

Michael Jackson’s last words, we learned as Conrad Murray his doctor was convicted of "Involuntary Manslaughter" and details of the trial emerged this week, were: “Please, please, let me have some milk.” That does not sound creepy in any way until you know that the emotionally crippled man-child was spoke in a kind of code, making everything that was deranged and sleazy in his life sound as if it was childish and innocent. Michael Jackson's “milk” was propofol, a powerful anaesthetic that happens to be while in colour when in liquid form.

Read Full Post:

What The Death Of Michael Jackson Says About Us All

(Opens in a new window)

11 November 2011

The Growth Versus Environment Dichotomy

by Ian Thorpe and John de Roe

The latest signs of a global economic slowdown (the Newspeak term for a slump) have emerged in news from the far east. Hong Kong's GDP figures showed a Q3 contraction. The economy grew 4.3pc in the third quarter, down from 5.1pc in the second quarter and 7.5pc in the first.

The HK government said exports dropped off sharply "amid an increasingly austere global economic environment."

In France the fact that Standard and Poor's reported cut in that nation's triple A credit rating was an error has made little difference in bond markets. France is being squeezed by traders worried that it's economy, already struggling to stay ahead of its own tsunami of debt, will be suck as French taxpayers are saddled with a mega share of the stratospheric debts of nations like Italy, Spain and Greece.

The yield on French ten-year bonds is just under 3.5pc - against nearer 7pc for Italy, 2.2pc for the UK and 1.8pc for Germany - leaving the widest gap between Germany and France for 20 years. And in 2012 the Republic will have to find 281bn euros to finance matured debt according to figures from economic analysts.

Bankers and investors however regard all this fuss about whether France keeps its AAA rating is largely academic. Most of them understand the French AAA is in reality already gone. France can hardly service it's own debt let alone take on anybody else's.

The Portugese neo - Stalinist President of the EU, José Manuel Barroso has been warning that a eurozone collapse will send the continent and the free world into a prolonged economic slump. The collapse of the Euro single currency would cause a crash that would instantly wipe out half of the value of Europe’s economy, plunging the continent into a depression as deep as that of the 1930s, the president of the European Commission has warned.

Mr Barroso said in Berlin this week that if the euro area of the 17 member states or the wider 27-country EU broke apart the estimated initial cost would be up to 50 per cent of European gross domestic product.

The result of such an economic shock would be emergence of extremism and divisions within Europe, the former Portuguese prime minister told his German audience.

“Just as the founding fathers had a vision of Europe after two devastating world wars, we must also now act with resilience and with vision towards a Europe that is strong but open,” he said. “Now is Germany’s time to show that it is fighting the cause of a strong, integrated and competitive Europe.”

A eurozone crash, the commission has predicted, would see £10 trillion wiped off the value of the European economy, a catastrophe that would send living standards plummeting to the levels of Latin America.

Barroso is of course a committed supporter of the notion of a global government led not by elected representatives of the people but of bureaucratic appointees representing the wealthy, political and academic elites. This in effect is the scientific dictatorship that early twentieth century sci fi author H G Wells wrote of, President Eisenhower alluded to in his farewell speech and that Aldous Huxley predicted in his dystopian novel Brave New World.

Meanwhile across the pond, U.S Treasury Secretary Timothy Geithner said Europe remains the “central challenge” to global growth and must “move quickly” to restore financial stability.

Geithner, who has been in Honolulu ~~stuffing himself with gourmet food and swilling it down with rare wines while staying in a luxury hotel~~ attending the 21-nation Asia- Pacific Economic Cooperation conference, said in prepared remarks that the APEC countries are all directly affected by the Eurozone crisis and he encouraged them “to take steps to strengthen growth in the face of these pressures from Europe.”

Addressing a news conference he said:

"As the United States continues to work through the problems that caused our crisis and Europe confronts a period of slower growth, Asian economies will need to do more to stimulate domestic demand growth -- both so they are less vulnerable to slowdowns, such as the situation in Europe, and so they can continue to contribute to global growth.

These economies, including the United States, have the capacity to do things now to make growth stronger both to offset some of the pressures they’re facing in Europe but also because the world as a whole - even when Europe stabilizes you are going to see growth damaged by the magnitude of the crisis so far. So there is a very strong rationale in those economies that have the capacity to do it to act now to strengthen growth."

Now here we see a politician banging his head against the brick wall of the global dichotomy. Only last week, in response to news that carbon dioxide emissions had increased again the national administration Geithner is part of, ~~Papa Bammy's Pandemonium Carnival~~ the Obama Administration, were screaming about how we must reduce carbon emissions. Yet everything, every industrial process, every human activity has a carbon footprint. What the elite are asking for is to have their cake, gorge on it, throw it up and eat it again.

Growth or saving the planet, it's the elitists of big finance, politics and the academic world, the experts who presume to tell us how we must live our lives,who must make the choice about what we save. And yet these pusillanimous poltroons consistently try to shift blame for their failure to even foresee the consequences of their actions onto the public.

10 November 2011

Once again The Daily Stirrer will skip over the story dominatig todays news for the simple reason there is nothing to add that we have not already said. The Daily Stirrer predicted the meltdown in the Euro due to the systemic problems in Greece, we predicted Italy and Spain would follow their Club Med colleague into economic basket-casedom and as usual we were ahead of the news in telling readers what would happen in Ireland and Portugal. Italy Pushed Into The Abyss As Euro Firewall Shown To Be An Illusion - Daily Telegraph Spain Borrowing Costs Near Danger Zone - The Guardian
EU could fall into recession next year - Daily Telegraph
UK Treasury Preparing for Euro Break Up - The Guardian
Asian Stocks Hit By Euro Crisis - The Independent
Barroso Calls On EU's single currency refuseniks to join the Euro
Eurozone's Economy Has Stalled - BBC News

9 November 2011

Berlusconi Admits Defeat But Will Italy Be The Loser?

by Ed Butt

Silvio (Don Vito) Berlusconi has often been given the benefit of the doubt by Italians having survived numerous sex scandals, allegations of corruption and having links with organised crime and worst perhaps, humiliating his country through appalling behaviour. We don't need to remind you (but we're going to because it's fun) that only a few weeks ago, as fellow European leaders tried to find a solution to Italy's debt problem, Berlusconi called the person he must have onside if Italy is to have any chance of recovery, German leader Angela Merkel, an "unfuckable lardarse."

Italy will be better off without such a leader you might well say, but will they? With Berlusconi stepping down and his ruling coalition in disarray and unable to agree an austerity program to control the debt, the likely winners in elections due to be held early next year are a coalition of socialists, comunists and greens. And their plan for reducing Italy's massive debt burden is to borrow the money they need from China and Germany.

Somehow we get the impression we have not seen or heard the last of Snr. Berlusconi.

8 November 2011

High Speed Rail Links For Britain

The obnly news that attracted our attention today isThe House of Commons Transport Committee's backing of government plans to build new high-speed rail link from London via Birmingham to Manchester, Liverpool, Sheffield and Leeds. It can be anticipated the lines would be extended to Scotland and new lines to serve the eastern and western population centres added. .

The committee said there was a "good case" for HS2 which would feature 250mph, 1,100-passenger trains running from London to Birmingham and then on to the other cities. Some residents and councils bitterly oppose the £34 billion project which they say would carve through picturesque countryside. The Government is due to make a decision on the route before the end of this year.

We have two reservatons, first why are the steering group looking at using Mag Lev technology which would provide an even faster trip, second, what is the point of building new rail links when few people can afford to use the railways at peak times now? Air travel on internal fights does not save time, you may spend less time in the air but the haul from city centres tothe airports and them from Heathrow into London more than doubles journey times.

And as we are (or should be) aware, air travel enjoys a massive subsidy. While we poor punters pay cripping prices for fuel because of the 300% added to the basic cost by various taxes, aircraft fuel is exempted from tax.

Let's get real. Renationalise the railways, build Mag Lev links for passenger and light freight traffic and use the old, slower lines for heavy and bulk goods. It's called a transport policy.

7 November 2011

Britain will be banished to "The Outer Limits" Of Europe If Plan To Save The Euro Goes Ahead.

The big issue broadcast news and the papers have picked up on today is the Deustschland Uber Alles aspect of the plan to save the Euro. The Daily Stirrer reported this yesterday but first warned on the German superstate that would result from bailout plans last month. Now some people might think we a just being anti - German. On the contrary, kudos to Hausfrau Merkel, she is doing what she believes to be best to protect the interests of her people.

If only our Europhile suck - up artist leaders had the courage to do the same we would all feel a lot more secure.

A document leaked to British media representatives shows that under changes already agreed to in the Lisbon Treaty (without any of the electorates of member nations being consulted of course because the neo - Nazi unelected bureaucrats of Brussels are no fans of democracy,) eurozone countries will have to vote as a caucus on changes to European policy and treaty arrangements. Thus the German led Euro zone will have a permanent in-built majority in the EU's main decision-making body, The Council of Ministers, from November 2014.

Britain will be unable to block a plethora of new laws even it if it joins together with other countries not in the eurozone - risking severe damage, in particular, to the City of London. EU neo Nazi leaders have already threatened to shaft Britain's finance industry with new laws and regulations that Britain will not be able to veto. Any sane person might think that alone would have Cameron and Co. backpeddaling from Europe like crazy but no, spineless Cammers is pushing a global government agenda while the pusillanimous pustule Clegg is still shilling for us to join the Euro so we can go bankrupt with all the other single currency basket cases.

The rule changes now proposed will virtually ensure that the EU becomes a "two speed" operation with Britain in convoy with Sweden and several former Soviet nations in the slow lane - even without the greater "fiscal integration" expected inside the eurozone as its 17 countries bring their tax and spending affairs closer together. Anyone remember the story of the tortoise and the hare? In the slow lane is sometimes a good place to be although not as good as out of this project to establish a global regime of oligarchic collectivism altogether.

It is the threat of "caucus" voting, according, which has sparked recent activity in the Foreign Office as officials look at ways of "repatriating" powers - particularly on employment and social affairs, from Brussels to Westminster. But why stop there, lets have a referendum asking the question "Do you think Britain should leave the EU, continued membership of which which will result in our country becoming a vassal state of the unelected bureaucrats of Brussels?

And the voting option? YES or YES.

5 November 2011

EU Threatens UK Business Freedom: "We'll make UK Cut Bosses Bonuses" say Brussels Bureaucrats We hear from people with contacts in the EU cesspits of power that the unelected bureaucrats who control the European Commission are considering tough new proposals to curb the pay and bonuses that banks can hand out to staff working across the European Union. The plans, which are likely to go further than anything proposed so far in the UK towards curbing the pay of financial traders and business executives would meet significant opposition from the City of London, which claims that cutting benefit packages would result in an exodus of talent to Asia and America.
As things stand however the new restrictions could not be blocked by the Government if a majority of other European countries vote in favour of them. This is why we must veto Germany's proposal that in return for the German economic powerhouse bailing out the basket case nations of southern Europe, the Eurozone must vote as a bloc on all EU policies. In other words the small nations must do what Germany tells them. Is that a rousing chorus of Deutschland, Deutschland Uber Alles we hear in the distance?
The proposal drafted by Michel Barnier, the EU Commissioner in charge of shafting Britain up the arse financial services, emerged as G20 leaders meeting in lounged around in luxury hotels stuffing themselves with the most expensive and exclusive foods, getting drunk on the most expensive wines and availing themselves of the most expensive prostitutes (or rent boys in Obama's case) while failing to produce concrete plans to tackle the eurozone's sovereign debt crisis.
Speaking in London, Mr Barnier described the situation facing Europe as "grave". In a move which will delight protesters outside St Paul's but if implemented would destroy the only area of commercial activity that earns foreign currency for Britain, he suggested it was necessary to do more to ensure bankers contributed "in a just way" to the fiscal retrenchment.
No mention of freeloading politicians and gravy train riding bureaucrats contributing to fiscal retrenchment by fucking off then. Bankers are cunts but bureaucrats and politicians are bigger cunts. It currently costs Britain £40 million a day to keep in caviare and Chateau Petrus an army of slime merchants who only marketable talent is their willingness to suck up to the rich and powerful.
"After a couple of years of calming down, [banks] have gone back to pre-crisis levels of distributing pay and bonuses which are just not justified," Barnier said, warning that, if they persisted, new regulations would be imposed. "I can't give you all the details now of what the next steps will be [but] we will be preparing the next framework so we can limit bonuses and pay further," he said.
Elsewhere Nicolas Sarkozy was reiterating calls for a Europe-wide financial transactions tax to be brought in by next year – despite opposition from Britain. "It's not about penalising the banking sector," he added. "It's about asking that everyone play their role and make an effort to preserve the money available to finance the real economy."
Funny he did not mention the even greater increase in politicians and bureaucrats expenses as they fly off for another conference in an exclusive resort every couple of weeks. It's true bankers create nothing except false profits. Politicians and their lackeys don't even to that, they just massage each other's egos and steal taxpayers money to fund pointless vanity projects and secure them a "place in history."
When Mr Barnier was named EU Commissioner for the internal market and services in 2010, there was widespread suspicion in London that the French would use him to push restrictive regulation on the UK's financial centre. So if you were not already convinced that you should vote for UKIP as the only political party openly committed to getting us out of this neo Nazi superstate that is growing like a cancer in Europe, you should be now. British shareholders should deal with bosses who reward themselves for mediocrity and British voters should deal with politicians who fail to deal with businesses that are taking the piss.
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Saving Europe Will Leave Britain On The Fringe But The Alternative Is Worse - The Independent
Germany's Plan For The Euro? Forward To The Past.
Slovakia Rebels Against The Euro Juggernaut
Eurozone? It's the sovereignty, stupid
Euro Uber Alles Says Merkel
Are We To Sacrifice The Future To Save The Euro?
Death of the Euro
Are We Sacrificing The Future To Save The Euro
German Vote To Support Bail Out Fund Changes Nothing
The World Braces Itself For The Crash
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Debt crisis posts

Daily Stirrer home Contact Us Little Stirrings Boggart Blog Greenteeth Labyrinth

4 November

Jobs Crisis Gets Worse For British Youth

The unemployment problem throughout society but particularly among the young has been discussed many times in The Daily Stirrer. In articles like The Jobless Economy we have pointed to reasons why employment has collapsed, ranging from 50 years of naive politicians and poodle-like academics framing policies to support the drive by big money to supplant human workers with machines and to export low skilled jobs to the low labour cost economies of the developing world.

Earlier in the week we learned from the latest British employment figures and yesterdays we saw repeated in statistics from the United States government that the traditional industrial areas have the highest numbers of "disengaged youth" compared to any other environments. In some conurbations where traditional industries have been hard hit by offshoring the so called NEETs (Not In Education, Employment Or Training) number as many as one in four of the population aged between 16 and 24. Governments are coming under increasing pressure from local and regional authorities to take urgent action to help this so-called lost generation or risk a "crisis" in Britain's communities, with a surge of anger and social unrest similar to this summer's riots which took the nation by storm, according to experts.

AUK - wide study out today highlights the stark and growing North-South divide between jobs and opportunities for young people. The problem is not confined to the north however.Some of the worst affected areas are around London and in other large cities in the midlands and south. With the recession exacerbating the problem can anything be done other than repeat the costly and pointless exercises of the past, paying young people to stay in full timed education or the notorious Youth Training Schemes in which the government paid employers to take on "trainees" who received little training because there was no real job for them and were jettisoned at the end of their six months contract so new trainees could be brought in. As the largest proportion of Neets are found in those cities which already have high levels, the report by the Work Foundation and the Private Equity Foundation warns of manufacturing pseudo-jobs for the purpose of massaging the statistics.

Shaks Ghosh, chief executive of the Private Equity Foundation, said: "This report has highlighted the great disparity in opportunities for young people across Great Britain. The fact that nearly a quarter of 16 to 24 year olds are disengaged from education or employment in certain cities is not only shocking but very sad. Children from deprived areas urgently need the right support to continue in school, go to college or to get a job. To neglect these Neets risks a crisis in too many of our communities.”

A report by the National Centre for Social Research, commissioned by the Cabinet Office, on Wednesday highlighted "poverty and materialism" as one of the causes of the riots which swept across Britain in August. Focusing on the motivations of young people in five riot-affected areas, and two areas which did not riot, the report said: "Young people talked about the difficulty of managing on the money they received when out of work or in training. The same materialistic culture was cited as having contributed to looting by young people and older community members alike. Participants from unaffected areas in the north and Scotland suggested that the starker contrast between rich and poor in London and other cities might mean the disparity between young people’s material desires and what they could afford gave rise to greater dissatisfaction."

3 November 2011

Todays Debt Crisis News

Osborne says Britain Is Prepared For The Collapse Of The Euro
EU President Barroso Admis Greece May Leave The Euro.
G20 Struggles To Reach Deal On Debt Relief
World Prepares For The Worst As Greek Disease Spreads To Italy

Debt Crisis Roundup

Sorry, but we're fed up of the debt crisis. Everything happening now is what the Daily Stirrer has been telling you would happen throughout the two and a half years we have been publishing. Here are links to todays stories from mainstream media:

Greece Split Over Euro Referendum - BBC News
Greek MPs Desert Ruling Party Over Euro Referendum
Markets Drop as Greek Government Nears Collapse - Daily Telegraph
China Refuses To Commit To EFSF - BBC News
Europe slides into industrial contraction
Euro Rats Of Brussels Plan National Socialist Republic of Europe
So Why Can't We Have An EU Referendum
Germany's Plan For The Euro? Forward To The Past.
The Global Economy Is Running Out Of Time
Up Yours Delors redux: Zombie Currency Are We Sacrificing The Future To Save The Euro
Germany is the only winner in the plan to save the Euro
Eurogeddon Postponed Termporarily Due To Financal Conjuring Tricks

Signs Of Ageing Halted In Mice

by Ian Thorpe

After all the gloom and despondency of recent months we just had to turn to something a little lighter.

One of the goals we set ourselves on Boggart Blog, the stupendously less serious sister blog of The Daily Stirrer was to keep readers informed on the latest developments in mouse science, that branch of biology dedicated to proving humans and mice are descended from a common ancestor and that experiments carried out on mice apply equally to humans.

Mouse Science Leads The Way In The Fight Against Human Ageing

(opens in a new window) RELATED POSTS:
Signs of ageing halted in mice
More mouse science, more mouse - amazing breakthrough as scientists discover if mice a fed lots of lard they get fat.
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2 November 2011

Population Growth And Its Consequences

by Ian Thorpe

Seven Billion: Population Growth And Its Consequences

As the world passes the milestone of seven billion people alive in the planet at one time The Daily Stirrer's Ian Thorpe looks at the likely consequences of population grownt and at what we might be able to do to get it under control.

2 November 2011

Fracking Blamed For Lancashire Earth Tremors

by Xavier Conolly.

Fracking And Shale Gas Extraction Blamed For Lancashire Earth Tremors

by Ian R Thorpe.
Shale gas in the bedrock under Lancashire could probably meet Britain's gas needs for 250 years. The process for extracting it, fracking, is controversial however and has been linked with minor earth tremors and seismic events. Xavier Connelly puts the risks and benefits in perspective.(Opens in a new window)

1 November 2011

British Economy Economic Growth Of Half A Percent In Third Quarter Of 2011

The Government, bankers who want you to start borrowing and spending and mainsteam media (which is controlled by sponsors of the New World Order) will try to tell you this is good. Do not believe the crooks and liars. With inflaation running at five per cent (according to official figures, in reality nearer eight per cent) this level of growth is not growth at all, it is contraction. Inflation is still eroding the value of your savings, investments and earnings.

... and following from yesterday's report about the people of Europe being at war with the EU political establishment, we have news fron The Daily Telegraph of the latest strtie in that conflict. A Greek referendum on the austerity measures demanded by the European Central Bank in return for financial help is likely to result in a "No vote". The Greeks remember how much better life was before their country joined the Euro. Read full story

RELATED POSTS: (Plenty of links on this topic in the past few days)
Papandreou's Gamble Could Pay Off

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The Contraversialist Blog that aims to bring you the most provocative and fearless comment and opinion on news and the hot topics of the day. Daily Stirrer contributors write from the heart and shoot from the hip on all the topics that are making news. They will tackle business and politics, bureucracy, health society, science and technology. education, transport and any other issue where the media conspire with the money men to make sure the difficult questions are not being asked. Click box above to open our archive menu.

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The DailyStirrer, December 2011

30 December 2011

Cerne Abbas Giant To Be Castrated?

29 December 2011

24 December 2011

Merry Christmas to all our readers

23 December 2011

22 December 2011

Wave Of Sectarian Violence Kills Dozens In Baghdad

21 December 2011

When exam boards spoonfeed answers to children there is no hope for education

UK Education Falls Behind Third World The Pursuit Of Mediocrity by fatsally. B Sc in Stating The Bleeding Obvious. SATS - The Science Of Dumbing Down Daily Stirrer homeContact UsLittle StirringsBoggart BlogGreenteeth Labyrinth

20 December 2011

Divinity, Dawkins and A Pope

19 December 2011

Healthy Active Girl Branded Obese by the Thought Police

17 December 2011

French seek to heal rift with Britain as suddenly they are the isolated ones

Britain's Fishing Industry Angry As EU Stabs Fishermen In The Back

16 December 2011

"Tesco Tax" The First Step Towards Saving Our Towns

15 December 2011

China's Credit Bubble Bursts - Just As The Daily Stirrer Predicted.

Parecetamol poisoning is a nasty way to die

Tories embrace Labour government poke nose strategy

14 December 2011

Unity On Eurozone Fourth Reich Starts To Crumble

13 December 2011

War On The High Street Is Just A Skirmish In The War On Our Way Of Life

Faith and the Priests Of The New Physics

10 December 2011

David Cameron Isolated As EuroNazis Try To Save The Single Nation Project

9 December 2011

Britain Saved From Becoming A Province Of Germany As Cameron Grows A Pair.

Exam Board Admists There Is Little Content In Their Exams

8 December 2011

The Day Of The Eurodead

7 December 2011

UK manufacturing adds to economic gloom

UK jobs market in rapid decline

Another Tory Minister Breaks Ranks To Tell Cameron There Must Be A Referendum On Europe

6 December 2011

Bank of England Steps In To Prevent Euro Break Up Causing A New Credit Crunch In Britain

Have Cameron's Attempts To Drag Us Into A European Fiscal Union Doomed Him

On the lighter side we have two stories from the world of statgazing today:

Scientists Find A Planet That Might, Just Possibly, Support Life

Are We Becoming Internet Lab Rats

Two New Black Holes Are The Biggest Ever

15 December 2011

Israel and USA war covert war on Iran.

3 December 2011

The Danish Experience - Problems With Wind Power And The Truth About Turbines

2 December 2011

Can The Euro Be Saved

1 December 2011

Why The USA Fears The Euro Zone Crisis

Oxford don's Voltaire reference at heart of race discrimination case

30 November 2011

Only Ten Days To Save The Euro

The Coalition Is Packed With PR Men So Why Can't It Sell Reform

29 November 2011

We Might As Well Ask The CRU climate scientists to forcast the economic trends

28 November 2011

Should The USA Step In To Save The Eurozone?

26 November 2011

25 November 2011

Teenagers To Be Given Jobs Funded By The Taxpayer

The Decline And Fall Of The Bureaucratic Empire

Doctor Training Must Teach How To Make Patients Conform To Sterotypes

24 November 2011

Scientists Lied To Us Again, Paracetemol Does Kill

23 November 2011

Vulnerable Old People Routinely Abused By Carers

22 November, 2011

Thomas Cook About To Go Bust, Meeting With Banks As Business Dries Up

Austerity for 10 years as no 'quick fix' for Britain, Reform warns

Why Obama's Supercommittee faild to cut the deal on cutting the budget

21 November 2011

How Can Britain Retain The Confidence Of The Bond Markets And Avoid The Worst Of The Euro Collapse?

UK Education Falls Behind Third World
The Pursuit Of Mediocrity by fatsally.
B Sc in Stating The Bleeding Obvious.
SATS - The Science Of Dumbing Down

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