Showing posts with label interest rates. Show all posts
Showing posts with label interest rates. Show all posts

Thursday, 20 October 2022

Liz.

           

 Image by Nate Kitch courtesy of The Economist.

     So Liz Rustbust has resigned with a helping shove from her party. The pantomime goes on, time for the next act, electing another prime minister from the bunch of self interested crooks and liars that have heaped misery and anguish on the ordinary people of this country. All this is done with the people not having any say in the matter. If there is anybody out there who thinks this will improve our living conditions, I suggest they see a psychiatrist immediately. We are in for more misery, poverty, evictions and homeless no matter on what head the stick their crown. 

        2022 in the UK, one of the world's richest countries and millions are facing poverty and destitution. Wealth abounds with a handful of people living in obscene opulence, while 4 million kids live with food insecurity. Of the UK population 1 in 7 go without regular meals, the proportion is the same for those working or not working. More than 50% of the population are cutting back on heating, hot water and electricity. 1 in 4 households with kids are experiencing food insecurity, up 50% since April. Millions of kids will go hungry this winter, and millions of families are facing a struggle to get basic needs. All this before the next round of fuel increases. Interest rateare rising, exposing people to the threat of eviction, inflation is running at 10.1% and rising and our new Chancellor, though he may not be there for long, is promising tax increases and spending cuts and considering not raising benefits in line with inflation. This puts a vast swath of our population into Dickensian poverty, impoverished health and stunted kids.


                                          Image courtesy of International Boat.

       When has it ever been much better for the ordinary people of this country, through the centuries the public has struggled for a decent life, while that small elite bunch of parasites have lived a life of milk and honey, all at our expense. How much longer will we tolerate this gross injustice, how much longer will we see our kids go hungry in the midst of abundance? There is a better way to shape our society, but first we must take control of all our workplaces and our communities and fashion them to see to the needs of all our people. We don't need capitalist billionaire parasites to tell us how we wish to live, they need us to keep them in their bubble of opulence. 

Visit ann arky's home at https://spiritofrevolt.info   

Thursday, 5 May 2022

Profit War!



         To the corporate world every crisis has a silver lining. The Ukraine affair might be a disaster for the people caught up in the bloodshed, as is usual in war situations, the ordinary people pay in blood and trauma. However, to the corporate world it is seen as a bonus. The corporate/financial world of parasites has been creaking near breaking point since 2008 when the "Market" gambling bubble burst. They have been searching for ways to recapitalise the system and have used austerity on the people as the main source of that recapitalising, but the system was still struggling. Along comes the pandemic, and states throw money at the corporate word, money that the people will be tasked with paying back through lower standard of living. 
 

 
However the corporate economics was still in a bit of a mess despite all that tax payers money, suddenly we have a war, yippee shouts the corporate bosses, the arms industry moves into top gear with taxpayers money flooding in as the West throws billions of £s of weaponry into Ukraine. The oil and gas markets seize the moment and shoot the price of energy somewhere beyond the moon. Another golden opportunity to recapitaise the system with our money. Energy giant Shell has reported its highest ever quarterly profit, a staggering £7.3 billion in the first three months of this year. Other energy giants, BP and Total have also reported a sharp rise in profits. There is a cash waterfall rushing into the share holders bank accounts while you and I face eating or heating, cutting down on life's necessities, seeing kids go hungry. This is the moment the Bank of England decides to raise the interest rate for the second time in months. This will hit mortgages, payments on loans, credit cards, etc.. In the meeting rooms of the bankers, financial Mafia and corporate robbers, they no doubt will raise a glass to Russia, with the toast, "long may the war last, because of it, we are doing wonderfully, thank you".

 
        Why do we tolerate such an insane, greedy parasite driven system, why do 
we just suffer and watch the shareholders laugh all the way to their new luxury yacht? 


Visit ann arky's home at http://strugglepedia.com