Ukraine not allowed to join EU or NATO—who the hell is this KGB Putin to dictate to sovereign Ukraine what allegiances and alliances it can form or not? Go play with your Ju-Jitsu!
Monday, 31 March 2014
Ukraine not allowed to join EU or NATO—who the hell is this KGB Putin to dictate to sovereign Ukraine what allegiances and alliances it can form or not? Go play with your Ju-Jitsu!
Monday, 24 March 2014
Thursday, 27 February 2014
I’m informed by a news source that the Royal Bank of Scotland has now managed to lose all £46bn it was given in a rescue package by the UK Government using taxpayers money.
Thursday, 15 August 2013
Saturday, 14 January 2012
We have been informed by the media that the US S&P credit rating agency has downgraded nine European Government Economies. This is the same rating agency that rated the infamous Credit Default Swap (CDS) junk bonds before the Credit Crunch as triple A. Would you buy a used car from such ‘credible’ salesman?
Why does anybody listen to such junk pronouncements?
Credit ratings are used by investors in the same way punters use tipsters to justify their uncertain bets, issuers to up-value their so called securities, investment banks to promote their iffy securities, broker-dealers to sell the same, and governments to sell their government bond issues so they can pay off their corrupt borrowings (I call them corrupt because they are the result of promised spendings, by the politicians, to the electorate, so they will get re-elected i.e. bribes). One has to remember that Stock Markets are basically overblown gambling dens and they need tipsters to point the punters in presumed secure directions—and these tipsters, in this case, are called rating agencies.
Investors in volatile equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc. have only one objective, that of turning a quick profit. Issuers develop, register and sell misnamed securities for the purpose of financing their own operations and lining their own pockets. To sell, they need a provenance for their so called securities—and the rating agencies provide that provenance. Investment Banks promote individuals, corporations and governments in raising capital by underwriting the issuance of so called securities, again the rating agencies provide the provenance for those so called securities.
Who are these ‘Big Three’ rating agencies that pronounce on governments credit:
- Standard & Poor's (S&P) is a US-based financial services company. It is a division of McGraw-Hill that publishes financial research and analysis on stocks and bonds. Would anyone say that this company can be impartial? Any US company is under US political influence—it’s a sine qua non of being based in the US.
- Moody's is a bond credit rating business and used by the markets to rate the bonds market.
- Fitch is a majority-owned subsidiary of FIMALAC, headquartered in Paris. Fitch Ratings and Fitch Solutions are part of the Fitch Group. FIMALAC was created by Marc Ladreit de Lacharrière in 1991. He is the CEO, and holds 100% of the shares of the FIMALAC Group. This is a French rating agency that has tried to play the Wall St game, and failed. It usually follows the two US agencies.
Personally I would rate the ‘Big Three’ as C, and any country that takes any notice of them deserves all they get. Mostly it’s the silly media that pushes them for the lack of any better material to publish, having abandoned serious ‘news’ reporting.
The US politicians have long wanted to undermine the EU by demanding the EU allow Turkey to join, making the European borders a laughing stock as European, and adding 90 million Muslims to a Christian enterprise. Why would the US politicians be so vindictive—because the EU market is by far bigger than the US and the Euro is replacing the dollar as a world currency. The Eurozone crisis is largely made in the US—Goldman & Sachs helped fiddle the Greek figures so they could enter the EU. US banks encouraged Greece, Ireland, Portugal, Italy, Spain to borrow and borrow and borrow yet again, until they sink under their own debt, the way the US is sinking under its own $15 trillion debt.
One of the weapons in the US armoury is clearly the Rating Agencies. By S&P downgrading the nine EU economies, the US throws another spanner into the machinery of the EU.
THE EU IS A BIG BEAST AND WHO KNOWS WHAT WILL SINK IT?
Sunday, 22 August 2010
Turkey is NOT European, has NO links to Europe’s culture, and is NOT in Europe—so why the hell would Europeans invite these Asiatic invaders into Europe. Its irrational but yet follows the self-destructive ‘Internationalist Principle.’
One can see why the US would want to destabilise a strong Europe where a Euro currency outperforms the dollar at every level, and a EU population and economy is twice the size of the US. But why would a conservative PM help to destroy the EU by encouraging 72 million extra Muslims to join the EU? The US seems to be saddled with a crackpot Republican Palin while the UK is now led by a Muslim defending wet conservative PM and whose installed a Muslim as Conservative Party Chairperson. I’d like to blame this lunacy on the Liberals, but I fear it is all Cameron’s own work—influenced no doubt by his bosom-pal, Turkish loving Boris Johnson. WHERE ARE THE CONSERVATIVE DEFENDERS OF BRITAIN? Seemingly only the BNP is aware of the danger to Britain, and they are unelectable.
What it boils down to—is that Britain in 50 years will have Sharia law instead of British law and be a member of an Islamic Europe, if the Muslim birth figures are any indicator. All thanks to wet permissive thinking that is now ubiquitous throughout Europe and the US.
Crap Political Correctness, Misguided Human Rights, Pernicious Soft Lefty policies followed even by the conservatives, leading to an eventual demise of European culture. The devious mendacious Muslims are playing the dogma ridden Europeans for very high stakes—and seemingly winning. RIP to EU.
Tuesday, 23 March 2010

In the past such a scandal has always been brushed under the carpet with gagging orders, and then quietly ignored. NOT this time—the long reach of the Internet won’t allow it!
New reports have emerged almost daily of sex abuse cases involving Catholic clergy in several European countries. Around 100 of the claims involve a boarding school run by Benedictine monks at Ettal, in the foothills of the Alps in southern Bavaria. The sex abuse scandal, which has also swept through the Netherlands, Austria, and Switzerland, reached Italy this week. The Bishop of Bolzano, in northern Italy, asked forgiveness from the growing number of people in his diocese who have come forward in the last 10 days saying they were abused in religious institutions in the 1960s. Archbishop Robert Zollitsch of Freiburg, who also heads the German Bishops Conference, said that "sexual abuse was covered up for centuries by the church." The tip of the iceberg.
How many of the kids standing behind the 3 frustrated old men at the front, have been molested by them?According to the Irish, 1 in 4.
Recruiting Priests have always looked for the vulnerable and dysfunctional to join the priesthood, those that don’t fit into normal society. The single parent child, the gay, the disillusioned, the orphan. So is it any wonder that they then produce dysfunctional priests? The Vatican has always insisted that its brainwashing methods are par to none. That they can remould any dysfunction, can straighten out any problem and eventually produce a functional priest. Clearly they delude themselves—but then they are experts at delusions. Deluding the public with their 3 in 1 ‘mysteries’ their bizarre saints and miracles. Deluding themselves that in the current state of society they can control the abused with ‘silence clauses’. The Vatican deludes itself that the Bull they’ve put out on this scandal will ameliorate catholic society at large.
Power hungry Cardinals living in the past still think they are ‘princes’ of the church and the Pope is their absolute infallible king. There is nothing so pathetic in the twenty-first century as these kinds of monarchical self delusions. Thus the churches empty and people learn that God is the ultimate delusion perpetrated by the Vatican in pursuit of power. Thus it is with all organised religion!
Pope Benedict's apology:
Dear brothers and sisters of the Church of Ireland,
It is with great concern that I write to you as Pastor of the universal Church. Blah….blah….blah…. blah….. blah….. blah…… blah…… blah….. blah….. blah….. blah…… blah…… blah…… blah
To the victims of abuse and their families:
Blah….blah….blah…. blah….. blah….. blah…… blah…… blah….. blah….. blah….. blah…… blah…… blah…… blah
To priests and religious who have abused children:
Blah….blah….blah…. blah….. blah….. blah…… blah…… blah….. blah….. blah….. blah…… blah…… blah…… blah
To parents:
Blah….blah….blah…. blah….. blah….. blah…… blah…… blah….. blah….. blah….. blah…… blah…… blah…… blah
To the children and young people of Ireland:
Blah….blah….blah…. blah….. blah….. blah…… blah…… blah….. blah….. blah….. blah…… blah…… blah…… blah
To the priests and religious of Ireland:
Blah….blah….blah…. blah….. blah….. blah…… blah…… blah….. blah….. blah….. blah…… blah…… blah…… blah
To my brother bishops:
Blah….blah….blah…. blah….. blah….. blah…… blah…… blah….. blah….. blah….. blah…… blah…… blah…… blah
To all the faithful of Ireland:
Blah….blah….blah…. blah….. blah….. blah…… blah…… blah….. blah….. blah….. blah…… blah…… blah…… blah
I hope I’ve covered it all! With great ‘affection’ and unswerving ‘confidence’ in ‘God's promises,’ I cordially impart to all of you my ‘Apostolic Blessing’ as a pledge of strength and ‘peace’ in the Lord.
(infallible) Pope Benedict XVI—the buck stops here!
PS In place of Ireland you may substitute Canada, United States, Germany etc.
Saturday, 14 March 2009

In an attempt to unfreeze the lending system, both the US and UK Governments have thrown money at the Banks as if they were throwing confetti rather than taxpayers money. In return, the Banks have NOT unfrozen the lending market in the certain knowledge that the irresponsible Governments will throw more money at them—and so the farce continues.
In a further farcical move, the above two Governments, US and UK, have vociferously attacked the German Chancellor, Angela Merkel, and her Finance Minister, Peer Steinbrück, for NOT dishing out more money to the Banks; in fact for being prudent and careful with the taxpayers finances. On 10 December 2008 in an interview with Newsweek, Peer Steinbrück controversially attacked the British Keynesian approach to economic policy in its rush to stimulate the demand side with a pitiful VAT reduction—and another sorry attempt by Gordon to spin himself into the limelight. That’s what comes of marrying a Public Relations merchant and relying on her empty spin tactics.
Instead, the US and UK politicians are more worried about their political careers than they are in responsible prudent management of the debt and their economy. The result for the US is $10,000,000,000 in the red and for Britain the public debt is a massive one trillion pounds (£1,000,000,000). This puts the British children’s children into debt for the next fifty years or more.
The correct response to the Credit Crunch is to let the lending market readjust and reposition themselves in the light of tighter lending rules—and that will take time. No more money for the irresponsible Banks, who are still handing out bonuses to themselves and all and sundry. The next five years are going to be tight and tough, and the huge artificial lending party where everybody was encouraged to spend, spend, spend……IS OVER.
Here is the crux of the matter. It’s the time factor that the politicians can’t tolerate, can’t live with—because it diminishes their voter base. So the fix has to be instant; has to be now—has to be seen to satisfy the voter. That simply isn’t possible, and the contradiction is driving the politicians on both sides of the Atlantic into a frenzy of handouts and other useless activity in the hope they can throw sand into the faces of the voters. If the voters see the politicians frantically doing something, anything, maybe they won’t blame them. FAT CHANCE!
So much for the reputation of Britain’s ‘best prudent’ Chancellor of the Exchequer of recent years, Gordon Brown, and his fragile spin eminence. There is NO chance the voters will re-elect a failed Labour administration in 2010, run by the grossly inept Gordon Brown and his bungling team.
Tuesday, 20 January 2009
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