Bullshit Economics.

      Well they came in swing their hatchet, cut, cut, cut, pain is necessary to get “the economy” going again. Of course the cuts and the pain were not for them, no, that part was for you and I the ordinary people. Millionaire Osborne, took the economic reins two and a half years ago with his pompous know-all statement that the UK's triple "A" credit rating was the hallmark of success and he would make sure we kept that rating. His next guarantee he made was his cut, slash and burn policies would lead to the UK deficit being reduced and the land would be covered by lovely green shoots. Well what a load of cobblers all that has been, the UK triple "A" rating has been downgraded by two of the three rating agencies and the figures out this week show public sector borrowing in March this year was £10.6 billion, up from £9.7 billion the previous March. So it looks like the first estimate of net borrowing in 2012/13 is similar to last year's £120 billion.

      Two and a half years of austerity, a nice way of saying poverty, heaped on a people for the prize of a deteriorating society. All the Cameron/Osborne bullshit exposed for what it is. I have never swallowed this crap about the “deficit reduction” would lead to growth, to the financial Mafia it was irrelevant whither it did or didn't. The plan was a little more multifaceted than that. “Deficit reduction” was plain and simple, a transferring of public wealth to the coffers of the financial Mafia to make up for their gambling losses, a way of legitimising the selling off all public assets to the corporate world, and of course to get wages down and create a UK sweatshop economy to compete with their Eastern sweatshop competitors. So it is working well at the moment.

     This is capitalism, all this chatter about deficit reduction, credit ratings and growth, is not with your welfare in mind, it's all about corporate profits, you and I are incidental to these calculations. We are an inconvenience to the corporate world, they need us to buy their crap, and sadly we need to be fed, and that means paying us, that in turn hits their profits. They will of course, always struggle to keep that cost down and they have this system of so called “representative democracy” which puts the stamp of legitimacy on policies to keep us in our place and to protect and enhance their profit margins. Until we change that system, we will continue to be screwed. They need us, we don't need them.

ann arky's home.

RIGHTEOUS ANGER.

       When it comes to the media, that babbling brook of bullshit, reporting on the "CRISIS" in Europe, all they report is of the meetings of the financial Mafia and their servants, the political class. They will comment on how the rating agencies are shuffling their betting odds, and we will be told how the bond markets are screwing this country more than that country. Very rarely will it report what the "CRISIS" is actually doing to the ordinary people and what those people are doing to defend themselves against rape and plundering of their standard of living. All this reporting is a public relations exercise for those responsible for the "CRISIS", but never a word about those at the receiving end.

      Greece is in turmoil with poverty and deprivation rampant, and below is a glimpse at what is happening in Spain. As the financial Mafia continue with their assault on the public purse of the European people, we can expect to see more of this type of real resistance. Enjoy the ecstasy of your righteous anger.

ann arky's home.

IT'S A STITCH UP.

        Yea, we all know it's a stitch up and the financial Mafia are the only ones who gain. I am of course talking about the banking system and the cosy relationship with the ratings agencies and the IMF (International Mankind Fuckers).

         Here are a couple of quotes from that informative site THINK LEFT.

     "Who elected them? Who gave them their power? Who was it who decided that these companies and no other should have the right to assess the credit worthiness of whole nations? Where is the oversight? Where is the public accountability? Where is the peer review system able to judge the accuracy of their ratings? Who assesses the assessors, in other words?"

        "---So what happens when a nation like Greece has its credit rating downgraded to junk status? Basically it can’t borrow, which means it can’t get money to service its debts. The IMF moves in, and the country is forced to sell off its assets to pay its debts. It’s like a garage sale of public assets. Everything must go, at rock bottom prices. And who benefits from this? Well the banks, of course. The banks get to buy up the public assets, which they can then “monetise”. They get to own the Parthenon and the Lottery and the country is forced into even greater debt, having now lost its only forms of income.

       It is legalised theft, and all enabled by that fictional “credit rating” provided by the ratings agencies in the first place. It is by this process that the world is being driven into further and further indebtedness to the banks.----"

Read the complete article HERE.

 ann arky's home.