Friday, October 28, 2022
FRIDAY MUSIC: Mercedes Sosa, by JD
Monday, October 24, 2022
Truss has exposed our great crisis: the fight for freedom
New on Substack: Truss and our fight to stay free - why not subscribe for FREE immediate updates?
Sunday, October 23, 2022
COLOUR SUPPLEMENT: The Art of Drawing, by JD
New on Substack: Truss and lessons learned
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Saturday, October 22, 2022
WEEKENDER: It's a mad, mad, mad, mad world 2 - by Wiggia
My lack of items in the last two weeks is attributed to a combination of Windows update and Firefox going potty. One or the other, or maybe both, I will never know, has removed access to files, stopped my ability to download anything, and if by nefarious means I did manage to download a program or replacement I was not able to install it, so at great cost I have a new computer. The other one was old if still working, so I am up and running? Again.
So much passes through as news these days that keeping up becomes an Olympic sport, and the current government, if that term can still be used, have exceeded all expectations in the ridiculous and stupid category; if there were gold medals in those categories there would be a run on the yellow stuff, there is simply not enough to go round. So I wont go over ground that is constantly shifting - sink hole, anyone? - but will just make a small comment on the Conservative party's choice of Chancellor (or is it PM by proxy?) in his first speech on the tax u-turns.
One he didn’t u-turn on was the stamp duty reduction; can’t upset the parties biggest donors can we, have to keep house prices up and any cost so the DM can still add to any story that x was guilty but can be seen here in leafy ***** standing outside his 5 bedroomed detached Victorian Villa currently worth 2 zillion pounds.
They never learn. After the disastrous Ponzi scheme that resulted in the 2008 crash, banks governments lenders still want to lend to those cannot pay. Already those same lenders are revising their lending terms because of interest rate rises; well well well there’s a surprise, they have used years of low interest rates to promote house buying in the belief they would never rise again, or they didn’t care. What was normal in years gone by is now unthinkable but happening anyway.
House purchase has become like governments, reliant on low or zero interest rates. Unlimited fiat money can only ever be paid for with low interest rates, but inflation has blown that out of the water and we now have debt servicing out of control.
They still don’t get it. This morning a government spokesman, MP, was talking about the imminent drop in house prices as a bad thing! As if the constant above inflation rate of house prices has been a good thing. It won’t be interest rate rises that will lead to repossessions this time, that currently is well below those days of 16%, but a combination of energy rises and general cost of living as well will do it.
On the other hand government policies have denied those who saved all their lives of any return on said savings coupled with the lowest state pension in Europe, and again under threat of removal of the ‘promised ‘ triple lock; this sector has been to put it crudely crapped on from a great height.
Hunt, where did he come from? His failure as health minister and three failed businesses hardly makes him an obvious choice for Chancellor at this or any other time. He stated that ‘the public would not mind paying extra tax to fund the NHS’; oh yes they would, not a penny more without root and branch reform first.
https://www.opendemocracy.net/en/jeremy-hunt-tory-leadership-boris-johnson-nhs-junior-doctors/
On the other hand it is comforting to know the IMF will be in safe hands next year. I can’t think of a better person to run it coming as she does from one of the 10 most corrupt countries in the world; along with Saudi Arabia heading up the UN's human rights committee it is a win-win for us all.
Currently we pay for an NHS that in many areas is non existent with no sign of anytime soon if ever of improving; plus many including my good self have had to pay again, as three years from diagnosis to operation for a new hip would have seen me in a wheelchair long before I went under the knife. Seven million on the waiting list and rising and a care home crisis beyond the pale with the government decision to sack 40,000 care home staff who refused the jab - a major hurdle to overcome if it ever can be. Oh wait, all these fit young asylum seekers we are told by the various charities are ready to work rather that laze around in five star hotels will plug the gap, all is well again.
In the case of the sacked care home staff, no one has been able to explain why (or not wanted to) the nurses and others in the NHS got a last minute reprieve from the same fate; or were the care home staff considered fodder for the ideology of the vaccines vis a vis the mainstream staff who were ready to sue?
It is interesting in a morose way to ask why we have such difficulty either returning these illegal, and they are so by definition, migrants, and our seeming inability to refuse them asylum despite so many destroying their documents which leaves them presumably stateless with no country to return them to. You can’t be fleeing from torture, war and threat of murder if you won’t say where you have come from, or is that naive?
https://www.thetimes.co.uk/article/why-cant-britain-control-migration-3pwmrkhkm
As Mark Steyn so succinctly puts it ‘we live in a blizzard of lies’ whether it be the efficacy of masks, lock downs or so called vaccines or the real reason we cannot say no to the huge numbers that have come to this country: 10 million officially, in the last twenty years.
Mind you it should help the travel trade as long as flying is still permitted, as a staycation will soon be impossible with the hotels full of migrants, and now we are, or Serco is on our behalf, leasing properties to put up the same; that should help those on the council house waiting lists.
Coming our way soon………..
It really is a growth business now, £2.2 billion of tax payers money to Serco alone. These contracts have guaranteed built in 5k maintenance element to them which makes them attractive to landlords, nowhere else would they get contracts like these.
Outside of all this it was good of Let's Go Brandon, who managed in his muddled way whilst eating an ice cream, easily digestible hospital food for the infirm, to tell us our tax plans are not good. His of course are marvellous as is the USA's debt mountain; good to know though we are all in it together, or that is what we are told!
A final thought from the comments…
‘Just step back a moment and consider that the Conservative Party have, in the past week, fired a Chancellor for wanting to cut taxes and a Home Secretary for wanting to cut immigration.‘
Good job we don’t have a Foreign Secretary who wants to cut aid…
Friday, October 21, 2022
FRIDAY MUSIC: Jazz Samba (Stan Getz / Charlie Byrd), by JD
And so one of the first jazz records I bought was Jazz Samba by Charlie Byrd and Stan Getz. I suppose jazz plus samba could be described as a 'fusion' record but that name came much later. Byrd had already made a record with samba influences so this was a further experimentation on his part. Getz was a well established tenor sax player who had been one of the 'four brothers' in Woody Herman's band.
Listening again to this record is still a pleasure and a blessed relief in a world gone mad.
1: "Desafinado" (Antônio Carlos Jobim, Newton Mendonça) — 5:51
2: "Samba Dees Days" (Charlie Byrd) — 3:34
3: "O Pato" (Jayme Silva, Neuza Teixeira) — 2:31
4: "Samba Triste" (Baden Powell, Billy Blanco) — 4:47
5: "Samba de Uma Nota Só" (Antônio Carlos Jobim, Newton Mendonça) — 6:11
6: "É Luxo Só" (Ary Barroso) — 3:40
7: "Bahia" (aka 'Baia') (Ary Barroso) — 6:38
Timeline:
[00:00:00] - Track 1
[00:05:49] - Track 2
[00:09:21] - Track 3
[00:11:24] - Track 4
[00:16:14] - Track 5
[00:22:27] - Track 6
[00:26:06] - Track 7
Personnel:
Stan Getz – tenor saxophone
Charlie Byrd – guitar
Gene Byrd – guitar, bass
Keter Betts – double bass
Buddy Deppenschmidt – drums, percussion
Bill Reichenbach Sr. – drums, percussion
Wednesday, October 19, 2022
Financial and war disaster: we must get a grip
- ignore warnings about bad actors who threaten the public weal
- witness the disaster and express surprise
- take action to ‘make sure’ it ‘can never happen again’
4. undo (3) so we can have a rerun of the calamity
He may not have drafted the new Act, but he signed it into law. Please don’t tell me he was too stupid to understand what he was doing.
I’ll come back to the Great Financial Crisis in a moment.
Now, in the UK, we have Liz Truss as PM. For how long, we don’t know, but she has already scored an entitlement to an annual pension worth half her salary. This applies to all PMs and ‘senior office holders’ no matter how short their service - including Kwasi Kwarteng, Chancellor for only 38 days. George Galloway calls Truss ‘thick as mince in a bottle’; well, we should all be so stupid.
Being a dim bulb is almost the least of our worries, as we will find out when the bright and slick ex-Goldman Sachs globalist Rishi Sunak takes the reins. He’s been pumping ads on Facebook for months like an Alan Sugar apprentice tasked with demonstrating PR skills. He wants the job so badly that it should disqualify him.
No, it’s her motives that concern me. I was curious when Truss’ first Chancellor cut the basic rate of income tax by one per cent: how much was that going to help poor people pay their hugely inflated energy bills? The five per cent cut to the top rate was bad optics at this time of growing hardship, of course; but the real puzzle was the complete removal of the ceiling on bankers’ bonuses - with which Jeremy Hunt will proceed. ‘What was all that about?’ as the saying goes.
I understood when I saw this information and analysis from Peter Oborne:
Truss isn’t working for the British people. She acts for the super-rich, the hedge fund managers and property developer types who party at 5 Hertford Street in Mayfair, London. This is where she held a ‘Fizz with Liz’ event last October (2021), paid for by Mark Birley, son of Lady Annabel Goldsmith’s first husband and attended by around a dozen Tory MPs.
The Mayfair millionaires do not require critical intelligence and moral probity in their servants, far from it. Oborne says they funnel money, not directly to the Conservative Party (which would have to be made public) but to ‘think tanks’ that then come up with policy proposals to suit their sponsors. They boasted, says Oborne, that they had ‘made Kwasi Kawarteng’s Budget for him’ - and, he says, KK went to one of their events straight after delivering his speech to the Commons.
This is the class that caused the incalculable damage of the GFC - estimates vary widely but run into the trillions. Beneath the financial cost is the human cost in the health and very lives of ordinary people.
But they can’t help themselves. C P Snow wrote of the ‘corridors of power’; these are the labradors of power, with no off-switch for their appetite. Someone has to discipline them.
In 1933 FDR allowed some banks to fail, regulated others and introduced legislation to separate deposit-takers from the casino-gambling of investment bankers. This time, when the GFC hit, there was no strong President to cleanse the stables.
Instead, the people responsible for the chaos were bailed out with unlimited cash. The clever-clogs guys at Goldman Sachs even counted the bail money as additional turnover and paid big bonuses on the strength of it.
Came the hour, came Barack Obama, and it is a tragedy that with the great popular support he initially enjoyed he could not or would not deal with the offenders. Their sense of entitlement has now grown into a kind of megalomania.
A fantasy moment: these rich are assembled at the Guildhall, London for the annual Lord Mayor’s Banquet. Full of good food and wines, they watch the PM rise to make a speech. He or she smiles and tells them that mobile communications have been jammed, the doors locked and they are all under arrest for financial terrorism. They are to be held in Belmarsh under the same conditions as Julian Assange, awaiting trial at which they will appear in cages like the Mafia whom the Italians so bravely prosecuted. They will receive swift, no-nonsense judgment from someone like Judge Judy Sheindlin, with no possibility of appeal. The innocent will be released and handsomely compensated for their inconvenience; the others will be heavily fined and incarcerated for a very long time.
Of course, in real life there will be no deus ex machina to resolve our difficulties.
Nevertheless, something has to happen. Perhaps it will be debt forgiveness or default, but we cannot let our governments be the playthings (or over-indulgent uncles) of global money-shufflers.
Oborne raises another worry: like demented Joe Biden, Truss has a finger on the nuclear button. We cannot afford the process outlined at the start of this post; Stage Three may not be a possibility.
There has to be action instead of disaster, not following it.