Last week a sporting event was held to help black and ethnic minorities participate in sport, at what cost I ask. The excuse given is that ethnic minorities have difficulties regarding cost and transport in sport and that some regard sport as "not for them". The fact that there are many black sportsmen, some of them very well paid seems to have escaped the authorities. However there are not many asian athletes owing to them being physically less capable at sports such as football, rugby and track events showing that skin colour has no effect on sporting prowess but racial type.
All races are not equal in ability regardless of colour.
The costs of sport impinges on many English kids and the statement that Wigan Metro wants to integrate communities shows how it divides the races up. There should be only one community here and that is the community of Wiganers. Extra subsidies for the black and ethnic minorities (who were not invited here) is an insult to council taxpayers many of whom have difficulty in paying their bills.
Politically correct rubbish and again we pay!
A LOCAL BLOG SUPPORTING THE BRITISH DEMOCRATIC PARTY IN THE INTERESTS OF THE INDIGENOUS BRITISH PEOPLE AND ESPECIALLY THE PEOPLE OF WIGAN AND LEIGH IN OUR FIGHT AGAINST FASCISM, THE TRAITORS IN PARLIAMENT AND FOR OUR BIRTHRIGHT. - "NO FOREIGN PRINCE, PERSON, PRELATE, STATE OR POTENTATE HATH, OR OUGHT TO HAVE, ANY JURISDICTION, POWER, SUPERIORITY, PRE-EMINENCE, OR AUTHORITY, ECCLESIASTICAL OR SPIRITUAL, WITHIN THIS REALM" (ENGLISH BILL OF RIGHTS 1689)
Friday, 31 October 2008
Tuesday, 28 October 2008
LAST THURSDAYS MEETING
We had a very enjoyable meeting last Thursday with a good attendance, a full house. We did not have a main speaker but had 4 short talks on topics ranging from the financial crisis, the corruption in high places away from democratic scrutiny to destructive and anti British tendencies in the EU emphasising the need for continued efforts to promote the Party while noting our increased support. Dennis Shambley spoke of the need to support the Poppy Day appeal. All in all very enjoyable.
Sunday, 26 October 2008
THE MOTOONS OF DOOM. THE TEDDY OF TERROR
An impartial assessment of Islam.
I have long pondered whether or not Islam is actually a form of extreme paranoid delusion and it’s adherents deserve the same duty of care we as a society extend to other sufferers from mental illness - five point restraints, IV Valium and a quiet room with the lights dimmed.
Well, the jury is still out but that’s only because many of the Muslims I have met don’t take the whole thing that effing seriously. I mean they couldn’t, could they? If they did they’d be total fucking lunatics and utterly unsuited to running an offie (hell, no!), doing an economics degree at Nottingham University or doing telesales at BT.
Anyhow, I think it is a truth that can be universally acknowledged that not all Muslims are that sane. Whether it be the MoToons of Doom or the Teddy of Terror or some such lunacy Islam is to the blogger a gift that keeps on giving. There’s somewhat north of a billion of them and I suspect something like a quarter of them (that’s the same as the entire population of the USA) are completely doolally.
I recommend you read it all:
http://www.countingcats.com/?p=919
But it must come with a language caution. You have been warned, so don't come whingeing to me if any of it offends: go and whinge to someone you think might care a damn.
I have long pondered whether or not Islam is actually a form of extreme paranoid delusion and it’s adherents deserve the same duty of care we as a society extend to other sufferers from mental illness - five point restraints, IV Valium and a quiet room with the lights dimmed.
Well, the jury is still out but that’s only because many of the Muslims I have met don’t take the whole thing that effing seriously. I mean they couldn’t, could they? If they did they’d be total fucking lunatics and utterly unsuited to running an offie (hell, no!), doing an economics degree at Nottingham University or doing telesales at BT.
Anyhow, I think it is a truth that can be universally acknowledged that not all Muslims are that sane. Whether it be the MoToons of Doom or the Teddy of Terror or some such lunacy Islam is to the blogger a gift that keeps on giving. There’s somewhat north of a billion of them and I suspect something like a quarter of them (that’s the same as the entire population of the USA) are completely doolally.
I recommend you read it all:
http://www.countingcats.com/?p=919
But it must come with a language caution. You have been warned, so don't come whingeing to me if any of it offends: go and whinge to someone you think might care a damn.
Wednesday, 22 October 2008
WHAT'S AN ECONOMY FOR?
Wigan unemployment up 33% in the past nine months.
http://www.wigantoday.net/wigannews/Jobless-total-up-by-a.4614055.jp
Trafford – up 31.4%
Rochdale – up 27.1%
Bury - up 27.1%
National average - up19%
And everywhere … immigration up as well.
“British jobs for British workers” – G.Brown.
80% of all new jobs go to immigrants – National Statistics Office.
Liblabcon politicians and their drones in the media tell us that immigration is good for “The Economy”. Maybe, maybe not. Is it good for native British people though?
No? Thought not.
So, if immigration is good for “The Economy”, but not for we native British people, it follows that some questions need to be asked:
Whose “Economy” is it?
What is an Economy FOR in the first place?
Has anyone ever asked the politicians these questions?
Morg
http://www.wigantoday.net/wigannews/Jobless-total-up-by-a.4614055.jp
Trafford – up 31.4%
Rochdale – up 27.1%
Bury - up 27.1%
National average - up19%
And everywhere … immigration up as well.
“British jobs for British workers” – G.Brown.
80% of all new jobs go to immigrants – National Statistics Office.
Liblabcon politicians and their drones in the media tell us that immigration is good for “The Economy”. Maybe, maybe not. Is it good for native British people though?
No? Thought not.
So, if immigration is good for “The Economy”, but not for we native British people, it follows that some questions need to be asked:
Whose “Economy” is it?
What is an Economy FOR in the first place?
Has anyone ever asked the politicians these questions?
Morg
Tuesday, 21 October 2008
LABOUR FEARS THE BNP
The stories in the press over the last few days about the squirming of Immigration Minister Mr Woolas is both interesting and heartening.
Mr Woolas at first stated he would have a tough regime on immigration and would be seen to be stepping up deportations of prisoners and illegal immigrants. He indicated that the perception that the government was not acting on these measures was false and giving rise to increased support for the BNP.
So that's it. Not that the country is becoming unsustainably overpopulated and divided, his concern is the "rise of the BNP"
That's it Phil, get your priorities right!---your job is more important than the future of your country.
Later he had to backtrack somewhat owing to the reaction of his PC and lefty colleagues and does not want to be as strict on deportations as he said. In fact he is not sure what he is saying. He is trying to be all things to all men and think the British people will not notice.WE WILL and--
WE WON'T FORGET YOUR PARTY'S RECORD.
Encouragingly we are frightening them and they are trying to counter our increasingly popular message.
We have to admit we are a small party compared to the others but WE PUNCH FAR ABOVE OUR WEIGHT. Nearly every day some politician or other voices concern at our growing support.
Their cosy little cabal is being threatened and THEY DON'T LIKE IT.
Mr Woolas at first stated he would have a tough regime on immigration and would be seen to be stepping up deportations of prisoners and illegal immigrants. He indicated that the perception that the government was not acting on these measures was false and giving rise to increased support for the BNP.
So that's it. Not that the country is becoming unsustainably overpopulated and divided, his concern is the "rise of the BNP"
That's it Phil, get your priorities right!---your job is more important than the future of your country.
Later he had to backtrack somewhat owing to the reaction of his PC and lefty colleagues and does not want to be as strict on deportations as he said. In fact he is not sure what he is saying. He is trying to be all things to all men and think the British people will not notice.WE WILL and--
WE WON'T FORGET YOUR PARTY'S RECORD.
Encouragingly we are frightening them and they are trying to counter our increasingly popular message.
We have to admit we are a small party compared to the others but WE PUNCH FAR ABOVE OUR WEIGHT. Nearly every day some politician or other voices concern at our growing support.
Their cosy little cabal is being threatened and THEY DON'T LIKE IT.
Monday, 20 October 2008
HELLBENT ON EXTERMINATION
Hard to believe that I found this in the Guardian, of all places.
… a pair of modern-day pied pipers hellbent on extermination
In Rochester, Northumberland, the last village before Scotland, Rupert Mitford, the 6th Baron Redesdale, and Paul Parker, … are examining a map. We are in Redesdale's kitchen, in a cottage that borders the Otterburn army base. Chinook helicopters fly low up the valley, the last stop before Helmand and Basra. Redesdale and Parker, however, are organising battle lines of their own.
Redesdale, in a lived-in tweed jacket, eventually locates his home on the well-used Ordnance Survey. 'This house was ground zero,' he says. 'In the first six months we had cleared everything to here,' he gestures towards a wooded area to the south. 'May to June we got down to this line here. July we did Newcastle.'
Parker, shaven headed, chips in, in his broad Geordie, tracing his finger along the Tyne. 'We were doing the damage in this area. They can swim, but they'd rather use the bridges. We hammered them here and here and here. Now we are really hunting them down in ones and twos.'
Redesdale continues, with boyish excitement. 'We developed what we called our killing strategy. … we took 2,000 out. If you clear [an area] … you suck all the surrounding population to it. Then you hit them again. Suck 'em in, hit them.'
… 'We took 3,500 out of there. In the winter there's no cover and you can pick them off … They all get together in the cold. You can get eight or nine with a couple of shots. All huddled together. We just annihilated them.'
… In the two years of their existence, Redesdale and Parker have been remarkably successful. … While other[s] … go in for education or re-habitation, they favour genocide. With a recruited army of 900 volunteers … they have slaughtered 19,500 … and claim to have cleared England's northernmost county … The grannies, Redesdale suggests, tend to be the most bloodthirsty … 'It's like: "Can you beat it to death with a hammer and let me watch?" We had one old dear who went inside and came back out with a sort of elephant gun: "Do you want to shoot it with this?"'
Parker and Redesdale are now making plans for Yorkshire, if they can find funding. Parker really dreams, however, of getting down to London, … Hit them in their own backyard.' This, Redesdale adds, despite the fact that his partner gets a nosebleed if he leaves Northumberland, and on the one occasion he tried London had a panic attack on the tube. Even so, the baron does not rule out the capital. …
… celebrity-seeking hoodie behaviour was the least of it. Battalions … were fanning out across Europe. Lord Chorley, … spoke darkly of how, contrary to what the New Labour government had recently claimed, [they] were right now massing on the continent. 'There are three colonies, if that is the right word, in Italy. At least one of them is in the process of crossing the Alps. If they get to Germany there will be a complete invasion taking place.'
… Cometh the hour, cometh the man. Rupert Redesdale is far from a bloodthirsty fellow - he had never killed anything in anger since he had been on Operation Raleigh in Africa in his gap year and it had been his turn to throttle a chicken - but something … stirred old emotions in his blood. He was a Mitford after all.
… to pursue what seemed to be the only hope of salvation for the beleaguered native …
…There was much discussion about whether it was possible to use the 'k' word - 'cull was OK, kill apparently was not,' Redesdale recalls. There was fear of reprisals. At the first … meeting … they spent an hour discussing what they would do when the first death threat came in.
… Just when he was starting to despair, however, Redesdale met Paul Parker. [who] was of the opinion that 'you can be through the area and have cleared it … by the time you have bought the biscuits for a coffee morning'.
… At any moment his phone could ring and we could be off to Hexham or Corbridge. From six in the morning people start calling and they don't stop until late at night. 'At 11 o'clock they've just come in from work, … , they want me to shoot it. I can have 10 to do before I wake up in the morning.'
Wonderful stuff. Why not go and read it all.
http://tinyurl.com/5lrmoz
Morg
Gotcha!
… a pair of modern-day pied pipers hellbent on extermination
In Rochester, Northumberland, the last village before Scotland, Rupert Mitford, the 6th Baron Redesdale, and Paul Parker, … are examining a map. We are in Redesdale's kitchen, in a cottage that borders the Otterburn army base. Chinook helicopters fly low up the valley, the last stop before Helmand and Basra. Redesdale and Parker, however, are organising battle lines of their own.
Redesdale, in a lived-in tweed jacket, eventually locates his home on the well-used Ordnance Survey. 'This house was ground zero,' he says. 'In the first six months we had cleared everything to here,' he gestures towards a wooded area to the south. 'May to June we got down to this line here. July we did Newcastle.'
Parker, shaven headed, chips in, in his broad Geordie, tracing his finger along the Tyne. 'We were doing the damage in this area. They can swim, but they'd rather use the bridges. We hammered them here and here and here. Now we are really hunting them down in ones and twos.'
Redesdale continues, with boyish excitement. 'We developed what we called our killing strategy. … we took 2,000 out. If you clear [an area] … you suck all the surrounding population to it. Then you hit them again. Suck 'em in, hit them.'
… 'We took 3,500 out of there. In the winter there's no cover and you can pick them off … They all get together in the cold. You can get eight or nine with a couple of shots. All huddled together. We just annihilated them.'
… In the two years of their existence, Redesdale and Parker have been remarkably successful. … While other[s] … go in for education or re-habitation, they favour genocide. With a recruited army of 900 volunteers … they have slaughtered 19,500 … and claim to have cleared England's northernmost county … The grannies, Redesdale suggests, tend to be the most bloodthirsty … 'It's like: "Can you beat it to death with a hammer and let me watch?" We had one old dear who went inside and came back out with a sort of elephant gun: "Do you want to shoot it with this?"'
Parker and Redesdale are now making plans for Yorkshire, if they can find funding. Parker really dreams, however, of getting down to London, … Hit them in their own backyard.' This, Redesdale adds, despite the fact that his partner gets a nosebleed if he leaves Northumberland, and on the one occasion he tried London had a panic attack on the tube. Even so, the baron does not rule out the capital. …
… celebrity-seeking hoodie behaviour was the least of it. Battalions … were fanning out across Europe. Lord Chorley, … spoke darkly of how, contrary to what the New Labour government had recently claimed, [they] were right now massing on the continent. 'There are three colonies, if that is the right word, in Italy. At least one of them is in the process of crossing the Alps. If they get to Germany there will be a complete invasion taking place.'
… Cometh the hour, cometh the man. Rupert Redesdale is far from a bloodthirsty fellow - he had never killed anything in anger since he had been on Operation Raleigh in Africa in his gap year and it had been his turn to throttle a chicken - but something … stirred old emotions in his blood. He was a Mitford after all.
… to pursue what seemed to be the only hope of salvation for the beleaguered native …
…There was much discussion about whether it was possible to use the 'k' word - 'cull was OK, kill apparently was not,' Redesdale recalls. There was fear of reprisals. At the first … meeting … they spent an hour discussing what they would do when the first death threat came in.
… Just when he was starting to despair, however, Redesdale met Paul Parker. [who] was of the opinion that 'you can be through the area and have cleared it … by the time you have bought the biscuits for a coffee morning'.
… At any moment his phone could ring and we could be off to Hexham or Corbridge. From six in the morning people start calling and they don't stop until late at night. 'At 11 o'clock they've just come in from work, … , they want me to shoot it. I can have 10 to do before I wake up in the morning.'
Wonderful stuff. Why not go and read it all.
http://tinyurl.com/5lrmoz
Morg
Gotcha!
Sunday, 19 October 2008
OCTOBER MEETING
Below is the bulletin for our Wigan Group meeting next Thursday, held at the usual venue and time .
The Party is making great strides at presentbut we must keep the pressure up.
Please try to attend if you are able.
The Party is making great strides at presentbut we must keep the pressure up.
Please try to attend if you are able.
Friday, 17 October 2008
TIME TO THINK
In religion and politics people's beliefs and convictions are in almost every case gotten at second-hand, and without examination, from authorities who have not themselves examined the questions at issue but have taken them at second-hand from other non-examiners, whose opinions about them were not worth a brass farthing. (Mark Twain)
"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them; and these will continue till they have resisted with either words or blows, or with both. The limits of tyrants are prescribed by the endurance of those whom they suppress. (Frederick Douglas)
"In political speculations 'the tyranny of the majority' is now generally included among the evils against which society requires to be on its guard. Society practices a social tyranny more formidable than many kinds of political oppression, penetrating much more deeply into the details of life, and enslaving the soul itself. Protection, therefore, against the tyranny of the magistrate is not enough; there needs protection also against the tyranny of the prevailing opinion and feeling; against the tendency of society to impose, by other means than civil penalties, its own ideas and practices as rules of conduct on those who dissent from them." (John Stuart Mill)
"I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue!" (Barry Goldwater)
"The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth becomes the greatest enemy of the State." (Dr. Joseph Goebbels)
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" (Josef Stalin)
If you will not fight for your rights when you can easily win without bloodshed -- if you will not fight when your victory will be sure and not too costly -- then you may come to the moment when you will have to fight with all the odds against you and only a small chance of survival.There may even be a worse case: you may have to fight when there is no hope of victory, because it is better to perish than to live as slaves. -(Winston Churchill)
Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote! (Benjamin Franklin)
Morg
"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them; and these will continue till they have resisted with either words or blows, or with both. The limits of tyrants are prescribed by the endurance of those whom they suppress. (Frederick Douglas)
"In political speculations 'the tyranny of the majority' is now generally included among the evils against which society requires to be on its guard. Society practices a social tyranny more formidable than many kinds of political oppression, penetrating much more deeply into the details of life, and enslaving the soul itself. Protection, therefore, against the tyranny of the magistrate is not enough; there needs protection also against the tyranny of the prevailing opinion and feeling; against the tendency of society to impose, by other means than civil penalties, its own ideas and practices as rules of conduct on those who dissent from them." (John Stuart Mill)
"I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue!" (Barry Goldwater)
"The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth becomes the greatest enemy of the State." (Dr. Joseph Goebbels)
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" (Josef Stalin)
If you will not fight for your rights when you can easily win without bloodshed -- if you will not fight when your victory will be sure and not too costly -- then you may come to the moment when you will have to fight with all the odds against you and only a small chance of survival.There may even be a worse case: you may have to fight when there is no hope of victory, because it is better to perish than to live as slaves. -(Winston Churchill)
Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote! (Benjamin Franklin)
Morg
Wednesday, 15 October 2008
WHAT AM I MISSING?
I may be a bit thick on these matters but I am unable to understand some of these financial matters.
If the banks have lent up to 30 times their deposits this money can not exist. The money given to the banks by the government can not possibly cover these phantom amounts. The RBS has potential liabilities of £2.4 trillion, double the gross national product of this country, and that's just one bank.
If the money was used to secure the money owed by the banks to depositors the money owed to the banks could be written off. The assets , houses and businesses would still be there. This would stop people being made bankrupt or losing their houses or savings so everybody apart from the banks would be better off.
I'm probably missing something but it seems stupid to raise taxes to secure money which does not exist and which could never be enough in any case.
Gordon Brown's miracle rescue after an initial boost to shares does not seem to have impressed the stock market as prices are down today. Unemployment has begun its inevitable rise.
Hard times are only just starting as we pay for the folly of the Labour and Tory governments.
There is only one party fit to run our country and it certainly isn't the above two.
BUT WHAT AM I MISSING ? Please help me understand.
If the banks have lent up to 30 times their deposits this money can not exist. The money given to the banks by the government can not possibly cover these phantom amounts. The RBS has potential liabilities of £2.4 trillion, double the gross national product of this country, and that's just one bank.
If the money was used to secure the money owed by the banks to depositors the money owed to the banks could be written off. The assets , houses and businesses would still be there. This would stop people being made bankrupt or losing their houses or savings so everybody apart from the banks would be better off.
I'm probably missing something but it seems stupid to raise taxes to secure money which does not exist and which could never be enough in any case.
Gordon Brown's miracle rescue after an initial boost to shares does not seem to have impressed the stock market as prices are down today. Unemployment has begun its inevitable rise.
Hard times are only just starting as we pay for the folly of the Labour and Tory governments.
There is only one party fit to run our country and it certainly isn't the above two.
BUT WHAT AM I MISSING ? Please help me understand.
Tuesday, 14 October 2008
A FANTASTIC SPEECH
An excellent meeting was held in St Helens last night with Nick Griffin as guest speaker. His talk was topical being mainly concerned with the "credit crunch" and what the BNP would have done.
The first thing we would not have done (to quote the Irish man) would not to have been starting from here. The unregulated greed of the bankers played a big part in the crisis and Nick explained the danger we are in having had our manufacturing industry destroyed. This meant that when the shuffling of pieces of paper around ceases to be profitable we have little to fall back on.
He also explained that although there would probably be a slight recovery it would be temporary and there were still many hidden debts which would haunt us in the future. Also taxes would be increased to pay for the banks rescue.
Nick has an uncanny knack of forecasting problems before the "experts" see them and his detail of the trough the country is in is somewhat worrying. However the financial scandal has shown the incompetence of the other parties and people will increasingly realise the other parties have no viable policies and that only we know what to doand our support will grow.
SO IT'S NOT ALL BAD.
His immediate solution was in some ways similar to the one I suggested in my last blog, namely protecting small investors mortgagees and businesses and let the bankers bear the losses they caused.
Afterwards there was a question and answer session where he gave his opinion on a variety of topics from foreign lorries to accomodation for soldiers to party image.
I have made a DVD of the speech. If anyone wants one please ring me on 01744 892430, or come to our next meeting on Thursday 23/10/08.
Nick's speeches are always inspirational and I feel it a pleasure to meet someone whose opinions I so closely identify with. To have your party leader as that person is something few people in other parties can imagine.
The first thing we would not have done (to quote the Irish man) would not to have been starting from here. The unregulated greed of the bankers played a big part in the crisis and Nick explained the danger we are in having had our manufacturing industry destroyed. This meant that when the shuffling of pieces of paper around ceases to be profitable we have little to fall back on.
He also explained that although there would probably be a slight recovery it would be temporary and there were still many hidden debts which would haunt us in the future. Also taxes would be increased to pay for the banks rescue.
Nick has an uncanny knack of forecasting problems before the "experts" see them and his detail of the trough the country is in is somewhat worrying. However the financial scandal has shown the incompetence of the other parties and people will increasingly realise the other parties have no viable policies and that only we know what to doand our support will grow.
SO IT'S NOT ALL BAD.
His immediate solution was in some ways similar to the one I suggested in my last blog, namely protecting small investors mortgagees and businesses and let the bankers bear the losses they caused.
Afterwards there was a question and answer session where he gave his opinion on a variety of topics from foreign lorries to accomodation for soldiers to party image.
I have made a DVD of the speech. If anyone wants one please ring me on 01744 892430, or come to our next meeting on Thursday 23/10/08.
Nick's speeches are always inspirational and I feel it a pleasure to meet someone whose opinions I so closely identify with. To have your party leader as that person is something few people in other parties can imagine.
Sunday, 12 October 2008
THE CREDIT CRUNCH
The recent financial turbulance which is affecting the country was foreseen by members of the BNP for several years.
It was obvious that the excessive borrowing which had taken place under this and the last Tory governments could not go on and the economy would hit the buffers at some stage. Unfortunately this reckless spree has meant the decimation of our manufacturing industries and means that we owe countries such as the middle East states and China vast amounts and we have little to pay them with.
They certainly will not accept our worthless pieces of paper and will be hovering around to take even more of our remaining assets.
Gordon Brown blames America but if he had saved during the bad times and controlled the City's excesses we would have been in a much stronger position to stand the crisis.
The global economy, much loved by the other parties, when it becomes unstuck brings all the countries involved down like dominoes. Hopefully even the politicians can now see the downside of this stupid idea.
Also it doesn't say much for the patriotism of local authorities to invest in Iceland or their common sense. They should have kept their money in Britain to help British business.
BUT
What should we do?
Well not what the government is doing.
All in all they have pledged over £600 billion to the banks who are still charging 10% above the base rates for loans in order to build up their capital.
Why should we build up their capital? Does it matter if they fail? The situation could hardly be worse.
Surely as the government is guaranteeing deposits up to £50,000 and the bank's shares are almost worthless there is no need to help the banks. Why should we bail them out?
The government should instead set up a National British Bank with the £600 billion and give loans at reasonable rates to mortgagees and business, and not the 15% they are now charging. Reckless investments would be stopped and any profits would accrue to the state.
The banks want the losses nationalised and they keep any profits.
I say with the £600 billion injection we should do the reverse and let them keep the losses which they caused while the taxpayer, in return for our investment should have any profits.
That's my opinion, but them I'm no expert (but I did see this coming years ago although the speed of it has meant that I have lost out with the bloody HBoS which I thought was safe).
What do you think?
It was obvious that the excessive borrowing which had taken place under this and the last Tory governments could not go on and the economy would hit the buffers at some stage. Unfortunately this reckless spree has meant the decimation of our manufacturing industries and means that we owe countries such as the middle East states and China vast amounts and we have little to pay them with.
They certainly will not accept our worthless pieces of paper and will be hovering around to take even more of our remaining assets.
Gordon Brown blames America but if he had saved during the bad times and controlled the City's excesses we would have been in a much stronger position to stand the crisis.
The global economy, much loved by the other parties, when it becomes unstuck brings all the countries involved down like dominoes. Hopefully even the politicians can now see the downside of this stupid idea.
Also it doesn't say much for the patriotism of local authorities to invest in Iceland or their common sense. They should have kept their money in Britain to help British business.
BUT
What should we do?
Well not what the government is doing.
All in all they have pledged over £600 billion to the banks who are still charging 10% above the base rates for loans in order to build up their capital.
Why should we build up their capital? Does it matter if they fail? The situation could hardly be worse.
Surely as the government is guaranteeing deposits up to £50,000 and the bank's shares are almost worthless there is no need to help the banks. Why should we bail them out?
The government should instead set up a National British Bank with the £600 billion and give loans at reasonable rates to mortgagees and business, and not the 15% they are now charging. Reckless investments would be stopped and any profits would accrue to the state.
The banks want the losses nationalised and they keep any profits.
I say with the £600 billion injection we should do the reverse and let them keep the losses which they caused while the taxpayer, in return for our investment should have any profits.
That's my opinion, but them I'm no expert (but I did see this coming years ago although the speed of it has meant that I have lost out with the bloody HBoS which I thought was safe).
What do you think?
Thursday, 9 October 2008
JUST DISCOVERED THE DAILY MASH AND CAN'T STOP LAUGHING
THE government is to invest £500bn of your money in British banks so they can lend it back to you with interest.
The historic move is being hailed as a lifeline for the financial system as long as nobody asks too many questions.
Julian Cook, chief economist at Corbett and Barker, said: "The government will give your money to the banks so the banks can start lending you that money, probably at around 7% APR.
"Thanks to all the interest you're paying on your own money, the banks will make billions of pounds again and normality will be restored.
"After a few years of this the government will cash in the bank shares it bought with your money and use the profits to build a huge fucking dome somewhere."
He added: "In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot."
Chancellor Alistair Darling said the decision had been taken in tandem with the banking industry, adding: "They used a lot of dirty words I'd never heard before and one of them had an angry looking dog."
Meanwhile, Emma Bradford, a sales manager from Bath, said: "Why doesn't the government just give my money to me so I can buy stuff from businesses who will then make a profit and put it in a bank?"
But Mr Darling insisted: "Shut up."
--------------------------------------------------------------------
From the Daily Mash:
http://www.thedailymash.co.uk/news/business/banks-to-lend-you-your-own-money-200810081308/
http://www.thedailymash.co.uk/news/
Morg
The historic move is being hailed as a lifeline for the financial system as long as nobody asks too many questions.
Julian Cook, chief economist at Corbett and Barker, said: "The government will give your money to the banks so the banks can start lending you that money, probably at around 7% APR.
"Thanks to all the interest you're paying on your own money, the banks will make billions of pounds again and normality will be restored.
"After a few years of this the government will cash in the bank shares it bought with your money and use the profits to build a huge fucking dome somewhere."
He added: "In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot."
Chancellor Alistair Darling said the decision had been taken in tandem with the banking industry, adding: "They used a lot of dirty words I'd never heard before and one of them had an angry looking dog."
Meanwhile, Emma Bradford, a sales manager from Bath, said: "Why doesn't the government just give my money to me so I can buy stuff from businesses who will then make a profit and put it in a bank?"
But Mr Darling insisted: "Shut up."
--------------------------------------------------------------------
From the Daily Mash:
http://www.thedailymash.co.uk/news/business/banks-to-lend-you-your-own-money-200810081308/
http://www.thedailymash.co.uk/news/
Morg
Sunday, 5 October 2008
SUB-EDITING MINEFIELDS
I think the sub-editor writing the headline for this story might have had a nervous moment or two.
http://www.wigantoday.net/wigannews/Jobs-blow.4558155.jp
Morg
http://www.wigantoday.net/wigannews/Jobs-blow.4558155.jp
Morg
Wednesday, 1 October 2008
NICK FORECAST THE CREDIT CRUNCH
The financial crisis and subsequent panic by all countries should come as no surprise to members of the BNP even though the other political parties here did not see it coming.
Nick Griffin has been predicting it for years.
The cause of the trouble which is a disaster for all our people from those with money deposited in failing banks, people with reduced pensions and those unfortunate to lose their jobs owing to the economic downturn is directly down to irresponsible banking practices and globalisation.
These have been fully supported by the other parties, partly because of their financial naivety and partly because they are funded by the very thieves who caused the trouble after departing with their unearned mega bonuses.
The whole system encourages corruption where short term private gain for a few individuals is put before the interests of the country, while the global economy so beloved by them prevents nations protecting themselves.
The world awaits the decision of the American congress to see whether a meltdown can be prevented. We are all in danger due to this irresponsible lending which Nick foresaw.
The city of London has made its fast bucks by selling our industries so whatever happens we are in for a hard time.
The BNP would never put personal or even Party advantage before the interests of the nation and this crisis has shown that the other parties are unfitted to be trusted to govern.
That is why this country needs the BNP, the only party to put Britain first.
Below is a link to a speech by Nick Griffin made in June last year, the day before Glasgow Airport was bombed. The picture is a bit dark but the content of the speech is a remarkable forecast of the events of the last 18 months. It is well worth watching.
http://video.google.co.uk/videoplay?docid=-5768523943959014229
Nick Griffin has been predicting it for years.
The cause of the trouble which is a disaster for all our people from those with money deposited in failing banks, people with reduced pensions and those unfortunate to lose their jobs owing to the economic downturn is directly down to irresponsible banking practices and globalisation.
These have been fully supported by the other parties, partly because of their financial naivety and partly because they are funded by the very thieves who caused the trouble after departing with their unearned mega bonuses.
The whole system encourages corruption where short term private gain for a few individuals is put before the interests of the country, while the global economy so beloved by them prevents nations protecting themselves.
The world awaits the decision of the American congress to see whether a meltdown can be prevented. We are all in danger due to this irresponsible lending which Nick foresaw.
The city of London has made its fast bucks by selling our industries so whatever happens we are in for a hard time.
The BNP would never put personal or even Party advantage before the interests of the nation and this crisis has shown that the other parties are unfitted to be trusted to govern.
That is why this country needs the BNP, the only party to put Britain first.
Below is a link to a speech by Nick Griffin made in June last year, the day before Glasgow Airport was bombed. The picture is a bit dark but the content of the speech is a remarkable forecast of the events of the last 18 months. It is well worth watching.
http://video.google.co.uk/videoplay?docid=-5768523943959014229
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