[erosion of freedom] going strong in canada

It seems that the totalitarian push is in full swing over in Canada as well. My friend at Halls of Macadamia put me onto Ezra Levant who is a major obstacle to the curtailment of liberties over there and he is currently embroiled in this:

What an embarrassment Lynch and her CHRC have become to this government -- and to all Canadians.

Here's the story -- it's pretty simple. Lynch and I were both invited on Clark's show to talk about the CHRC's memo issued to Parliament this week. The CHRC is demanding that they be allowed to continue their censorship, and in fact arguing that Canada's police should be more active in laying censorship charges, too. I wrote about the substance of it yesterday.

Lynch's spin is that she wants to "start a debate" about censorship -- how Orwellian is that? Well, CTV was happy to provide a forum for such a debate. But CTV made the honest mistake of thinking Lynch actually meant it. They didn't realize that the CHRC's idea of a debate is Lynch lecturing, and Canadians listening obediently.

When Lynch heard it would be me against whom she would have to debate, she tried to veto my appearance.

This 'wanting to start a debate' is precisely how the Scottish Arts Council was pressurized by Julia Middleton's henchmen, of CP infamy. This is how the PCists go about it.

Unfortunately, Ezra misunderstood the intent of my question about the Governor General and Canadian values. What I was referring to was that the way she was appointed also had question marks against it about the process, what sort of person gets the nod these days and for what reasons.

Russia

I'm perhaps in a better position than some to speak of these soviet principles coming into our society. Regular readers know of my twelve years in Russia. Essentially, there was, in soviet times, a climate of 'turn your neighbour in' and a legal mechanism of 'denunciation'.

There were two instances in particular I recall. Firstly, back in 1996, when official 'ratting' was largely dying out, a woman came back for a consultation to the place I lived and the owner of the house immediately went at her and pushed the woman out the door, which she then slammed behind.

When she'd calmed down, the owner told me that that woman's mother had 'denounced' her some years earlier. I didn't understand this 'denounce' business until it was explained that it was not only legal but encouraged by the authorities.

The second incident was one of my own. Completely p---ed off by the wall-shattering noise next door, I spoke to some neighbours about what we could do and they immediately shrank back from what they thought I was asking. They thought I meant to turn the wall-shatterers in. Actually, I wanted us all to knock on the door and put our point of view [I spoke little Russian then].

Years later, it was explained to me that the 'black ravens', black cars with state officials, used to come at midnight and take people away. This died out in the 90s and yet old memories died hard. If you look at the average Russian today, he's almost certain to be libertarian in outlook.

Britain and Canada

You might like to read this article about snitches and turning neighbours in:

So to simplify. A whistleblower is a snitch who snitches on bad people and a snitch is a whistleblower who snitches on good people. Makes perfect sense ... There are more snitches in the UK than you could imagine. It’s a socialist pastime. Snitches are bad. There are a lot more snitches than whistleblowers by a massive factor.

Britain [and Canada] are heading this way now but with no benchmark to measure by, the average citizen of these countries can't really accept the full import of what is happening by salami tactics.

[touch and go] find you very attractive

The test of an ongoing concern of any note is if it is readily accessible in Wiki.

Touch and Go are not so accessible unless you type in all the words Touch and Go Band Wikipedia.

The thing is, they never really were a band, let alone that there is an entity called Touch and Go Records as well [not them] and heaps of Touch 'n Go other things. So it's a labour of love but finally worth the effort. And even if you do get into their personal site, it says not too much.

They themselves say, in their blurb, which has definitely changed from the scratchy liner notes in the early 2000s:

Touch And Go is the progeny of an unholy alliance between television composer David Lowe, veteran radio presenter and music journalist Charlie Gillett and co-founder of Oval Music, Gordon Nelki. The trio conceived a new concept based around largely instrumental jazz-based tunes with an ‘economical’ use of lyrics — quite unconventional by today’s chart standards.

Would You…? [uses] a sampled vocal clip and trumpet jazz licks played by James Lynch, over a Latin rhythm.

And the girl? The sultry voice behind the success of the project?


Her name is Vanessa Lancaster and she's a UK based "voice-over artist for numerous UK TV commercials and has modelled both on the catwalk and for beauty products. Her other television credits include Emu’s World for ITV and the James Bond movie Octopussy."

The trumpeter, James Lynch, is one of the UK's top session musicians, appearing in a lot of shows , including with the BBC and has also toured with the Spice Girls and Robbie Williams.

So you've got the picture - a studio project without a face but a fun one nonetheless and a unique sound for all that. And that girl .....


Now cut to the 2000s. Clearly, David Lowe felt that it would all just fade away but Eastern Europe had other ideas, expecially the Ukraine and there was a demand for a human presence as some sort of face for the "band" - Eastern Europeans don't fully understand music they can't "see".

While David Lowe "writes [most] of the material, produces, arranges, and plays drums, keyboards, and most of the bass, as well as doing some of the vocals. Most of the parts are filled in by a cast of various musicians, none of them part of Touch and Go officially, contributing vocalists, brass, and wind parts, guitar, and violin," Vanessa and James front the "band" and co-write songs.


Now, here's the thing again - Vanessa Lancaster just don't gel in my mind as a vamp singer - look at that body language. She comes across to me as a happy girl, flattered to be included in something as much fun as an ongoing Europe-wide touring band. I mean, she clearly doesn't get down and dirty - look at the way both of them are dressed and he's the epitome of the cleancut Brit TV show session muso. And yet they sing:

I find you very attractive ... would you go to bed with me?

Vanessa was taken to task about this by the host of a late show in Bulgaria, Slavi Trifonov, who was keen to know if she often asked strangers to sleep with her.

She replied that when they wrote the lyrics they were looking for the craziest questions that they could ask somebody. The songs are often constructed around the sort of come-on lines used at the social get-togethers of the well-heeled and fashionable, added Lynch.

Uh-huh but there's more.

The song's accompanying video feature[s her] asking the same question to various inanimate objects including an iron and a shopping trolley.

Now I'm already beginning to really like this bit of fun, let alone the duo themselves and the superlatively catchy music but the next part clinched it for me. As the Sofia Echo explained, they visited "Sofia's First English Language School for a question and answer session in a small classroom packed with eager pupils."


Whoa there! This is a sultry nightclub act whose songs have been used by American pole dancing troupe G String Divas, raunchy and heavy with sexual innuendo. And they're invited to a school, to talk with the children? Well, you know, I'd probably ask them too - there's something very attractive about this pair.

Now, in a very minor way, I've also trodden that path. When I first came over here, I was taken to a school to meet "staff and students" and was also very politely mobbed. In their case it differed:

The pupils were keen to know if the two stars liked the school, what they thought about Bulgaria, and if it was difficult to compete in the music business. Lancaster answered and asked the students what they wanted to do in the future and if they found it hard to study English.

I too was mobbed by dozens of kids demanding autographs and I know full well the attraction of Eastern Europe for urbane westerners enjoying something a little different. There's still a fresh eagerness over here and great honour bestowed on guests, which is just lacking back home.


Wiki also notes:

As of 2007, the ensemble is still touring Eastern Europe and performing their popular tracks from the mid 1990s

Members

• Charlie Gillett
• Vanessa Lancaster
• David Lowe
• James Lynch
• Gordon Nelki

Now one of my favourite "bands", Touch and Go's website is here. Google if you'd like to get this music. More here.

[incest] the relationship of choice in finance

There's too much going on out there in the financial world but here are few snippets which give a glimpse of the climate we, the consumers, are subject to.

Let's start with the Goldman Sachs theft. A Goldman Sachs former employee somehow was able to walk away with trading software which would enable him to manipulate financial markets. Assistant U.S. Attorney Joseph Facciponti said:

The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways.

Now that's rather interesting, firstly because a former employee was able to walk away with this capacity [and who knows whom that has been sold on to] but also because of the position of Goldman Sachs in the markets. So, if whoever has this tool can manipulate the markets, what then was Goldman Sachs doing with it? Keeping it safe in the interests of the innocent consumer?

In a nasty exchange in July 2009, as Wiki reported, popular news website huffingtonpost listed an item from Rolling Stone Issue 1082-83, where Matt Taibbi takes on "the Wall Street Bubble Mafia" — investment bank Goldman Sachs.

Matt Taibbi writes 'The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.'

The piece has generated controversy, with Goldman Sachs firing back that Taibbi's piece is "an hysterical compilation of conspiracy theories" and a spokesman adding, "We reject the assertion that we are inflators of bubbles and profiteers in busts, and we are painfully conscious of the importance in being a force for good."

Taibbi shot back: "Goldman has its alumni pushing its views from the pulpit of the U.S. Treasury, the NYSE, the World Bank, and numerous other important posts; it also has former players fronting major TV shows. They have the ear of the president if they want it."

Let's move on. The Commodity Futures Trading Commission was criticized during the beginnings of the crisis for not exerting its powers to stem the tide of disaster. Now it's gone full circle:

The Commodity Futures Trading Commission will announce today plans to introduce curbs on speculation of commodities including energy, the Washington Post reported today, citing a statement from the U.S. agency.

The CFTC will limit the size of a single firm’s investments on a particular commodity, the newspaper reported on its Web site. The agency would hold hearings on its proposals, according to the newspaper.

The new curbs would require approval from CFTC’s commissioners, the newspaper said.

So, the CFTC, a supposedly independent government watchdog, now not only has the power to regulate markets but is being ordered to do so. And who is the Commodity Futures Trading Commission chairman? Gary Gensler, ex Goldman Sachs.

Moving on to the non-President himself:

The current chief economic adviser to President Obama, Lawrence Summers, was noted for receiving $5.2 million from hedge fund D.E. Shaw in 2008 and speaking fees (ranging from $45 thousand to $135 thousand per event) from banks including Goldman Sachs, JPMorgan Chase, Citigroup, Lehman Brothers and Merrill Lynch at a time when he was expected to become the most influential financial official in the U.S.

Interesting about Morgan there because they have an alleged history of producing crises in order to profit from them and having made their killing, then heartily support draconian regulation with new players favoured by them.

And how sound are the non-President's policies in job creation and its effect on the future economy? Just take the Cap and Trade plan:

Adversely affected employees in oil, coal and other fossil-fuel sector jobs would qualify for a weekly check worth 70 percent of their current salary for up to three years. In addition, they would get $1,500 for job-search assistance and $1,500 for moving expenses from the bill's "climate change worker adjustment assistance" program, which is expected to cost $4.2 billion from 2011 to 2019.

So, acting on advice, the non-Pres is investing trillions in new technologies which don't yet exist and at the same time, is using billions of the taxpayers' money to actually compensate, in a very real, money out of the coffers way, employees now consigned to the scrapheap for the non-Pres's "vision".

So, there seems to be a quite cozy, incestuous thing going on between government and the finance, especially where certain banks are automatically bailed out but others are left to go to the wall, where certain firms are favoured and others not helped at all, a la Morgan and Peabody op.cit.

The Bank for International Settlement's annual report, p124, states:




Translated, that means that certain zombie banks will be allowed to fail while the "good banks", e.g. Morgan and Goldman Sachs, are allowed to practise their sound financial policies [as in the 2008 crisis] and Paul Tucker of the Bank of England went further in saying that banks must now have inbuilt the mechanisms for orderly wind-ups so it doesn't impinge on the economy [read the financial operations of the successful banks].

Interesting that Paul Tucker is also a director of the Bank for International Settlements. A mini- profile of the man:

Paul Tucker (born 24 March 1958) is the Bank of England's executive director for Markets and has served on the Bank's Monetary Policy Committee from June 2002.

Although a central bank insider, Mr Tucker has been at odds with the governor at times. It is widely known that he, among others there, favoured relaxing the money-market rules in August and December last year – long before Mr King reluctantly agreed.

Another director of the BIS is a man called Ben Bernanke. A little profile:

Ben Shalom Bernanke is the Chairman of the Board of Governors of the United States Federal Reserve.

In a letter to Congress from New York Attorney General Andrew Cuomo dated April 23, 2009, Bernanke was mentioned along with former Treasury Secretary Henry Paulson in allegations of fraud concerning the acquisition of Merrill Lynch by Bank of America. The letter alleged that the extent of the losses at Merrill Lynch were not disclosed to Bank of America by Bernanke and Paulson.

Merrill Lynch, Morgan, Goldman Sachs – the names keep popping up, don't they?

In 1966, Carroll Quigley [do your own research on his connection with Bill Clinton] wrote a book: Tragedy and Hope: A History of the World in Our Time, in which he made a statement about what the world financial giants are trying to achieve:

This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations.

The simplest way for the layman to get an idea of the Bank for International Settlements is via Wiki:

It is not accountable to any national government. The BIS carries out its work through subcommittees, the secretariats it hosts, and through its annual General Meeting of all members. It also provides banking services, but only to central banks, or to international organizations like itself. Based in Basel, Switzerland, the BIS was established by the Hague agreements of 1930.

Urofsky, Melvin; Paul Finkelman (2002). A March of Liberty: A Constitutional History of the United States Volume II From 1877 to the Present, 2nd Edition. Oxford University Press. pp. 674, quoted President Franklin Roosevelt's comment to Edward M. House on November 21st,1933:

The country is going through a repetition of Jackson's fight with the Bank of the United States - only on a far bigger and broader basis.

Who was Colonel House? In 1921, Colonel House reorganized the American branch of the Institute of International Affairs into the Council on Foreign Relations (CFR). Since that time, the only President to have not been directly affiliated with the CFR was John F. Kennedy.

Kennedy Special Adviser John Kenneth Galbraith said:

Those of us who had worked for the Kennedy election were tolerated in the government for that reason and had a say, but foreign policy was still with the Council on Foreign Relations people.

You can draw your own conclusions about all of this.

[touch and go] the ghost returneth

Intriguing group this Touch and Go whom I posted on last December. The line-up looks like this [I can tell you now some of these links don't work]:

• Charlie Gillett
• Vanessa Lancaster
• David Lowe
• James Lynch
• Gordon Nelki

Most know the music but you'd be hard pressed to see any but Vanessa and James in concert and then only at times and mainly in Eastern Europe, which is interesting for a British group singing about Harlem.

The thing is, it was basically a David Lowe project which got out of hand and when Eastern Europe wanted them to appear as a ... well ... as a band ... they realized they'd have to actually create one.

Their best known hit was where Ms Lancaster sang:

I find you very attractive ... would you go to bed with me? The song's accompanying video feature[s her] asking the same question to various inanimate objects including an iron and a shopping trolley.

... all to Monsieur Lynch's manic trumpet work. Something quite tongue in cheek about the whole thing but the music still stands up over a decade later.

Here's a video using Life's a Beach:





In a careless moment, not so long ago, I wrote to them as to the possibility of a performance in my "home" town here, not actually expecting a reply.

Oh my goodness, I've just received a nice letter from Jim Lynch wondering what the heck I'm doing in this place and once these current "troubles" are over, I'm going to see what can be done.

Touch and Go.

Jessica Lynch

Truth is certainly the first casualty and to underscore this, the first source here … interesting coming from me:

https://www.theguardian.com/world/2003/may/15/iraq.usa2

First of the videos … I’ve watched the first two right through, I watched about half the Jessica Lynch interview. My notes will be at the end:

My notes:

So much interwoven in this case … Bush, Blair and WMD for a start, following 911, the nature of those two monsters, Rumsfeld, the narrative the brass were pushing, the entire, syndicated media collusion, the way that soc-med only really got started around 2001 on the things we do, the way we are also, as Callan said at the end of yesterday’s show … well he said: “I’ve been had.”

Also, please don’t only watch them here but go to the various comments sections and I’m sure you can discern between the fan and hate comments on the one hand … the real info on the other … you’ll need to scroll at speed.

Then the specific videos:

Remember the Achilles heel of vlogs and podcasts … they waffle, the boring parts can mean you miss vital takeaways and unless someone points them out, they stay missed … the whole thing takes so long when there are other things you need to be doing.

The downside of blogs is that they can be shallower, just being print, we miss on the emotion, the pauses, sighs etc. We’re juss da facks, ma’am but they don’t convey everything.

Even both types together are still only one slice of the picture.

The Joe Rogan vid … she was certainly raped and abused, there was not the resistance justifying the whole Bush/Rumsfeld Ramboesque take on it all. Also, never take a girl into battle the upsides never outweigh the constant downsides.  To her credit, it wasn’t her fault the weapon jammed.

The army ranger guy was similar in that the narrative was clearly wrong. It’s a good adjunct, this interview, to fill out the picture … once again, never take a girl into battle like that. If you look for a start at the loads she has to carry, plus those masks etc. … it’s plain ridiculous wokery. But readers … you really should, if you want a fuller picture, scan the comments thread at YT.

Jessica herself. As one of the “dudes” said … this is one messed up little lady, completely under the influence of the mindbenders, US. She’s national property and loving the whole scene. She plays down the horror but goes close to it … wakes up with Iraqi men over her. What do you expect from that human? Nice to see and hear her voice … but, but, but …

Sunday [5 to 9]

(0831) Morning all. Clouds were pink earlier in this neck of the woods. Coming down with the lurgy again. (1025)

9.  TDS

8.  Quick quiz question for Brit readers

Where is this? Exactly I mean.

7.  Quick roundup

Interesting thing with that last one is it was deleted on Twitter.  There are, however … ways.

6.  IYE at NOWP 481

a.

So, you've watched 9/11: A Conspiracy Theory and now you're wondering who Jessica Lynch is? Well, you can always check the hyperlinked transcript. But while we're at it, why not dig a little further into the Jessica Lynch legend and learn all about how the media fabricates war stories for the consumption of the fluoride-addled, television-addicted masses?

b.

5.  MftWC too

a.  Hollywood Legends challenge ‘Censorship-Industrial Complex’ (Video)

https://www.thelibertybeacon.com/hollywood-legends-challenge-censorship-industrial-complex-video/

b.  Just the Facts on ‘Geofencing’

https://www.thelibertybeacon.com/just-the-facts-on-geofencing/

c.  Award-winning EV makes “startlingly loud bang” and loses power during testing

https://www.naturalnews.com/2023-10-27-electric-car-loses-power-loud-bang-testing.html

d.  Clean energy breakthrough: eVinci nuclear microreactor from Westinghouse receives DOE contract

https://www.naturalnews.com/2023-10-27-evinci-nuclear-microreactor-westinghouse-receives-doe-contract.html

e.  The genocide in Gaza, Greater Israel and that “conflict” between national and international J**ry

https://www.thelibertybeacon.com/the-genocide-in-gaza-greater-israel-and-that-conflict-between-national-and-international-jewry/

[wrong women] peter principle illustrated

Veronique Morali


The parallels between Sotomayor and her era of new appointees is striking. I had a post ready to go on Sotomayor earlier and didn't run it because it was boring. However:

The Supreme Court's reversal yesterday of a decision endorsed by Sonia Sotomayor as a federal appeals judge provided fresh ammunition for her conservative critics two weeks before her Senate confirmation hearing, but also allowed defenders to cast her as a judge who respects precedent.

She'll be nominated of course because this is the Era of Wrong Appointments - witness Gordon Brown and David Cameron. Precisely the wrong 'new women', talentless in leadership but with a lot of lip, are also getting appointed under 'positive discrimination' - people like Flint in the UK, Lynch in Canada and Sotomayor in the States.

It's Fiorina and Dunn all over again - a lot of mouth, really good at sacking people and appearing efficient to adoring hangers-on but appointed above their station.

Monica Conyers was in a different role but the story is the same. No matter what anyone says, gender is a factor here. There is a particular type of woman whose efforts to Force those around her to bend to her will and the way she flies off the handle when she doesn't get her own way, like a spoilt child, is going to make powerful enemies, particularly among male colleagues. This is not the way to go in an environment which doesn't fully accept you in the first place anyway and is looking for you to fall.

This was how Sarkozy cut the Segie magnetism in that debate - by provoking her to anger. Veronique Morali, of Force Femmes, is another who should not be let near a boardroom for her obvious bias. If there was her and another woman beside her of equal accomplishments but without the chip on the shoulder about her gender, then you'd appoint the other, on the grounds that she could give 100% to the company.

I'm not going to balance this to avoid being called sexist, by listing a lot of unsuitable men. There are so many. Take your pick of males who should never have been appointed, from Goodwin to Brown himself. They infest the public world, these non-comps but there IS a type of woman too, such as I've described and she should never be let near the reins of power. Merkel is one such person. Remember, a high flyer is just that - a high flyer and into high flying. A high flying woman complicates the issue by bringing gender into it.

The right person to put in is someone with a deep understanding of structure and process, with no real chip on the shoulder and not having to prove him or herself. I can think of two women straight away who are of a type and of a temperament which lends itself to running organizations. One runs a department at a university in Russia and another runs a blog group here. I tell you, honestly, that I would follow where these women led although they're cunning enough to make me think I'm doing the leading. [I also know of another woman running a different association who shouldn't have been allowed anywhere near the reins but that's another matter.]

They are into consensus, politeness and warmth but insist on reasonable targets being met and have the ruthlessness to cut the dead wood away, albeit with tact.

I know men like that too but one thing for sure - these Sotomayors, Conyers and Lynches are most certainly NOT the ones who should be there. What should be done with them? Well, HP did it wrongly, in that you do not throw the baby out with the bathwater. If they refuse to stay on in an advisory capacity, then access their expertise professionally and pay for it that way. They do have great skills. Running organizations is not one of them, that's all.

[cheerful news] if you're a favoured bank

This was interesting to me on the personal level:

Bank of America (BAC.N) is close to receiving billions of dollars of support from the U.S. government as it tries to digest Merrill Lynch, the investment bank and brokerage it bought on January 1. Merrill has billions in troubled assets -- ranging from commercial real estate to subprime mortgages -- that suffered during the brutal fourth quarter.

Isn't that nice? So now the taxpayer over there is expected to shell out for some takeover, merger or other corporate move its directors decide on. The bank can move with impunity, knowing they're going to be "bailed out" along the way.

It would be nice to have a business where the government takes such a kindly interest in my welfare rather than slug me for every dollar/pound they can get their hands on.

And what of Mandy's £20bn? Favoured sons, eh?

By the way, the "personal level" was referring to when I went for a position and we were assured that BOA was the safest bank in the world. Is that right? Doesn't need a bailout then, does it?

[dishonesty] promoted above their station

There is an appalling person over in Canada who has already been fisked by Mark Steyn and Ezra Levant.

These people are always head of this commission or that, aren't they? PC obeyers who are therefore given the nod. In this case, Jennifer Lynch, head of the Canadian Human Rights Commission. As you'd expect, as in the 1984 Ministry of Truth or the Ministry of Love, the opposite is the case.

Her tactics are to make long, aggressive, jingoistic speeches from the safety of her office then to cocoon herself from any possible criticism by refusing to answer questions. Her idea of debate is for the opponent to go on the talk show first and have his say then, once he's gone, she comes on and gives her point of view for people to listen to.

How many of these earthworms do we have in Britain? Could you think of anyone offhand?

[sonus] understanding issues: part 2

This is part 2 of the Sonus series on why we're effed, who is responsible and whom we need to lynch. I've just read all of it to part 5 and have to say it gets even better the further you read.

Dates for posting the Sonus articles: March 16th, 18th, 20th, 23rd, 25th and 27th.

Part 1 of this series can be read here.




Let us now revisit the simple banking model in Part I

I do not want to over-complicate the varying mechanisms, between the US and UK banking systems, as that is not the issue here, merely to say that over time the State began to control the individual banks.

Banking licenses were issued, which allowed the banks to issue bank notes in their own name, (subject to limitations), and as banks failed, or merged, no new licenses were issued. Over time this resulted in a monopoly for the Bank of England. (Differing notes are still issued by banks in Scotland)

In order to control the amount of credit (debt) that could be issued under fractional reserve lending, (sometimes called “the multiplier effect” in the UK system) The Bank of England could require the clearing banks to hold varying proportions of the assets as deposits at the Bank of England. (The Chinese authorities are very active currently, using special deposits as a way of controlling their economy, via credit/debt issuance, and they seem to be avoiding the traps of pro-cyclicality quite well)
That is enough of the details to suffice.

There are several features of a modern Fiat system that must be understood in principle.

0. Modern Fiat systems have evolved efficient control mechanisms. If a 5%, or a 2%, or whatever %, rate of inflation is required, absent large extraneous events, that is what will be achieved. (remember the previous political machinations with interest rates prior to election times, and the Kudos Brown earned for making the B of E independent - allegedly)

0. All Fiat systems beyond a tipping point, have a definitive life-span, after which the “National Debt” is compounding at such a rate that it overcomes the ability of the economy to pay it. The Maths cannot be beaten.

0. During that life-span, incremental debt injected creates diminishing increases in GDP, on a £ for£ basis. Towards the end of a Fiat life-cycle, massive injections of incremental debt will create negative GDP. Once again, the maths cannot be beaten.

0. Increases in the rate of inflation in a Fiat system shorten the life-span of the system. Maths again.

Ron Paul says it well!

The above are enough rules for now, but think of their importance, and understand the implications of the above in relation to current circumstances.

The intrepid blogger Karl Denninger blogged about points 2, 3,and 4 above. He produced a graph here.

When reviewing this graph, take note that it was published BEFORE trillions of new debt was injected, albeit sterilised, by the Fed. The upcoming de-sterilisation will bend the trend line lower!

And the blog is here.

Simply put, there is too much debt in the economy. If people won't borrow, because they are up to their eyes in debt and non-profitable companies can't service any more, or can't roll existing debt over, the velocity of money decreases. You cannot inflate away from an over indebted position by injecting more debt via borrowings. Interest rates will not remain at, or near zero, for long, as bond vigilantes will strike, then even more existing debts become unserviceable as interest rates rise, and currency devaluation becomes the only option.

The dirty hidden secret of all Fiat systems is the theft of all savings via inflation. Gradually, over the years, everything is confiscated. Yet everything is so gradual, (when operating properly) that it goes un-noticed, becomes part of an unconscious acceptance, it is insidious and evil.

Once again, Ron Paul gets it.


To give an example, in 1972, I purchased a serviced building plot from a local council, obtained detailed planning consent, and built my own residence. The land cost £2,500, it was one quarter acre. Today, the land would cost more than £150,000.
The land has only marginally increased in value due to development, - it was bought with outline planning permission, - the difference is that the £ has devalued since 1972.

Difficult to believe?

Well here is a website that can be used interactively to illustrate my point.

Here is a website that looks at the prices of housing from 1890, to present, and adjusts them for inflation. It shows vividly the vast over valuation of housing currently, so let's say the land valuation could drop to £75,000, that is still a vast devaluation of the £ from the £2,500 purchase price.

Yes, it is American, but if anything the degree of historical over valuation is higher in the UK.

In the normal run of business activity, if a business were to issue receipts for non-existent goods, or sell a product that it did not own, it would be guilty of fraud, and the directors would run the risk of jail time.

This is what banks do as part of normal business activities, called fractional reserve lending, and it becomes legal because the Government issues a banking licence that says it is legal.

It is the global use of fractional reserve lending that increases overall inflation levels via increasing levels of credit (debt/money)-(although inflation levels may vary geographically) and results in the gentle theft of all savings, over time.

The dirty little secret restated, is that no Government running a fraudulent Fiat Banking system wants you to know, is that prices do not automatically increase, it is the currency that devalues in a Fiat system. NO FIAT CURRENCY HAS A FIXED VALUE AGAINST ANY GLOBAL ASSET, IT MUST DEPRECIATE OVER TIME. PERIOD. AND THE ASSET MUST APPARENTLY INCREASE IN COST. Absent fractional reserve lending and interest on debt, the normal evolution during a product life-cycle is one where the product becomes cheaper due to increasing volumes of mass production rising from public acceptance of the product selling in greater volumes, and improvements in technology, and competing companies entering the market attracted by the initial margins. For example, look at the advances in computing power, and the price decreases in the last 2 decades,- albeit an element of the price reduction is due to off-shoring/currency manipulation in the exporting countries.

The mistake that MOST thinkers make is to consider the currency as fixed and commodity prices as increasing. Such thinking is particularly useful to Fiat governments. It disguises their theft of the savings of the populace, and their reneging on their future liabilities, eg, for pensions.

A Fiat system cannot be deflationary without ultimately imploding. It struggles to exist profitably in near zero inflation (equilibrium). It can best exist in a “growth” situation, that is, where increasing levels of credit/debt are being created, - the classical western “growth model” of western economies.

Deflation is death to Fiat because the paying down of all debt, or the cancelling of all debt via bankruptcy destroys the money supply, and economic activity ceases, since credit (debt) is “money” in a Fiat system. This is part of what worries the global financial authorities in this current deflationary stage of global financial collapse.

Here is an excellent summary of the above issues.

The authorities are determined to preserve (their) the Fiat system at all costs, even at the expense of criminal moral hazard, and possibly the future viability of the country, and age-old democratic values. Although the current crop of political leaders seem oblivious to economic principles, there are increasing numbers of dissenters to their methods, who are becoming increasingly more vocal in their opposition.

It is this passion evidenced by the authorities, for the preservation of the Fiat system, which is becoming increasingly illogical, that causes inquiring minds to speculate the true motivations behind a seemingly noxious stand. 
 
 



Jamming with a Pretty Woman refreshment break.

Or as I remember clubs!

 
 
 
 

Part 3 of the series can be read here.


It says 'written by James Higham' below. Actually, it was written by Sonus but I can't reformat the author in my template.

[blog stats] too misleading to rely on

Seriously, I've given up trying to analyse stats. The most visited post [7 in each 100] was the Canadian one about Lynch. Yet at the time of writing, there were no comments. The last evolution post, predictably, was shunned and the railway embankment, garnering 9 comments, was visited by few.

Of course, that excludes the RSS readers. In other stats:

49.5% of visitors here use Firefox 1 and 1% use Firefox 3 [which I use];
60% use Java 1.5;
33% use a 1024x768 [I use 1680x1050];
75% use 32 bit;
92.6% use English but 3.2% speak French and 2.1% Spanish;
52% use WinXP and 18.6% MacOSX [which I use];
39% are U.K. and 35% U.S. but that’s reversed in the past 15 minutes;
In the last 100, there’ve been 51 separate entry pages;
I get 1.4 views per visit

[so it begins] the slide to ... what?

A Sunday roundup, of sorts:

1. John Trenchard shows footage of what is actually happening in Gaza today.

2. Ian Parker Joseph hits the nail on the head again:

Just read carefully the second clauses of Articles 8, 9, 10 and 11 HERE.

And as the nine hippies of Tarnac are finding, one doesn't actually have to pose a real threat to the State - it's enough for the paranoid and weak central State to believe that you might.

It's a pity Ian's comments system doesn't allow some blogs to comment as I'd like to have added to this.

3. Meanwhile, Henry North London has translated Brown's message into English. Here's a sample:

Prime Minister in Black, translation in Blue

As we look forward to this New Year, we face a challenge. A challenge of how we build a better tomorrow, today.

Hello folks, we're unfortunate to live in the time when our whole economy is based on oil which is rapidly running out but we haven't told you this yet because we are scared stiff, and we know that you would lynch us if we told you things were going to get worse even though it would be the truth.

4. Great piece from Mr. Eugenides on Scotland's first space port.

5. Finally, Blake's 7 is an analogy for our current woes, according to the Quiet Man.

Lasses at lunchtime

As a reasonably high resolution pic comes through of a member of the female species, I save it for possible Friday or Monday use. Last Friday I deliberately looked for older ladies but that left the lasses over for Monday. Interesting that the only quality shots posted by people were all of young ladies … I run what comes through.

Now … one of these shots only apparently caused a mini-storm on soc-med and it was interesting that the Jessica Lynch videos came through about the same time.  Your mission today, should you choose to accept it, is to identify which pic caused the storm.

Wednesday [4 to 7]

Morning all.

7.  NOWP

https://nourishingobscurity.wordpress.com/2022/02/02/admin-page-82-for-readers/comment-page-1/#comment-2281

6.  DAD

Plenty of news this morning.....
a) ...About Canada

i) I said trucker not Tucker  

https://twitter.com/TPostMillennial/status/1488323594023223301?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1488323594023223301%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.rt.com%2Fnews%2F547936-carlson-blasts-trudeau-truckers%2F

ii) Plan to tax unvaccinated dropped to avoid ‘angry’ backlash in
Quebec.  

https://www.rt.com/news/548025-quebec-drops-unvaccinated-tax/

iii) The truckers are in for the long game.  

Monday [9 to 11]

Ever onwards.

11.  Longrider

[Is this for real?]

https://www.longrider.co.uk/blog/2021/09/12/i-wont-bother/

I’ve always quite liked James Bond. The whole thing is a silly romp. However, I’ve watched my last one.

Lashana Lynch, the first female 007: ‘I never had a plan B’

If they wanted to make a film about a black, female secret agent, then that’s fine. Create a character and plot and off you go. I might even have watched it. However, as with Dr Who, they are hijacking an existing character and fictional world and twisting it to suit their political purposes. I will not enable this behavior by watching the outcome, just as I refused to watch the black Anne Boleyn drivel. I very much doubt I’m alone.

[Post coming up.]

10.  Haiku

a.  [Good to see the esteemed haiku caught up with this one we ran late last week]

https://www.bbc.co.uk/news/uk-58535258

Tuesday [5]

 The Slog, in one of his regular columns, wrote:

On the Easter Monday just gone, one had to plough through several pages of Google links about bunnies, chocolate eggs, special offers, cakes and a hundred other nonsenses that had nothing whatsoever to do with what is essentially a celebration of the route towards eternal life...before reaching the image to the left [Calvary]. 

Although not wedded to any particular religion myself (in the wrong hands, it's just another form of ideology) I could not help wanting to fight Godless nonsense with spiritual surrealism.

 Today, the Daily Sceptic mailing has this:

Some of Britain’s greatest authors have been snubbed by the BBC as both J.K. Rowling’s Harry Potter and J.R.R. Tolkien’s The Lord of the Rings have been left out of the BBC’s list of books from the Queen’s 70-year reign.

[product placement] productive or counterproductive

From MI6:

The Bond franchise has long been known as a cash cow for its producers, not least because of how much it grosses at the box office, but also how much revenue it rakes in from advertisers wanting their brands strategically placed in the movies. It has been claimed that since 2002's Die Another Day was dubbed "Buy Another Day" by some critics.

And it doesn't just happen on the silver screen. In 2001, jewellery brand Bulgari paid author Fay Weldon to liberally dose her novel The Bulgari Connection with mentions of the brand, while numerous music artists have made Faustian pacts with commerce to bankroll their endeavours.

How you feel about that can vary from David Lynch's reaction to one a bit less extreme, realizing that the trend has been around from the 80s and even before and also realizing that the film is not going to be initially funded without it, even if the gross exceeds that amount later. After all, Art may be the primary thing but so is making money on the film is also a factor.

What happens when product placement goes further?

When you see giant Coke cups sitting at the fingertips of American Idol judges, that's not just product placement. That's full-fledged product integration — when a brand becomes inextricably identified with the content of a show.

That's why network executives use words such as "natural" and "organic" when they talk about product integration and scripted TV ... they don't want it to be so blatantly obvious that it overwhelms the programming. But they don't want you to miss it, either.

Somewhere along the line it becomes sponsorship, such as in the Formula 1 races and so on. Does it work? I'm not sure but in the case of Bond's Casino Royale, it didn't in one respect. During the train scene with the watches, this exchange took place:

Vesper: ... maladjusted young men who'd give little thought to sacrificing others in order to protect queen and country. You know, former SAS types with easy smiles and expensive watches - Rolex? [indicating his watch]

Bond: Omega.

Vesper: ... beautiful. Now having just met you, I wouldn't go so far as calling you a cold-hearted bastard -

Bond: Of course not.

Vesper: ... but it wouldn't be a stretch to imagine ...

Does it matter in the end or are you, the viewer, annoyed about the intrusion of products into the flow of the film? And what should producers do about it?

Sunday [13 till close of play]

(1700) Evening all. Evets is up.

18.  More mystery

17.  Whom to believe? What to believe?

The complication is that good copy, truth, does slip through with disinformation.

That episode of Callan would not have gone up today, had it not been for my snoozing, the malfunctioning buzzer, needing a one hour film, no more, to fill the gap before “till close of play”.

There were many episodes we’ve had, then this one we haven’t. The significance will appear later. Tomorrow morn, after first politics, I’m running three 15 minute or so shorts on the rescue of Jessica Lynch. Pretty young lady? Tell me any man who’s really a man who’d not sign on to rescue her?

Trouble is … what if it’s a set up? Now the Callan episode before … the enemy capture Callan, one is a pretty young lady. He’s on his guard against the others, the men, but she says she believes him. Poor sod.

Tomorrow at noon are four young ladies … one photo apparently sent half of X apoplectic … wonder if you can guess which photo?

Now to IYE’s post below here. Whom to believe? What to believe?

16.  IYE reposted over here

“Drastic and Irreversible Climate Geoengineering Worries ScientistsAn American company is already sending balloons filled with sulfur dioxide into the stratosphere. NASA is considering flying ice into the atmosphere.”

A couple of choice extracts:

“Make Sunsets fills balloons with SO2, releases them, and then pops them once they reach the stratosphere to release the gaseous contents. The effect, Make Sunsets claims, is similar to volcanic eruptions.

“Emissions from volcanic eruptions have been cooling the Earth for millions of years, like Mt. Pinatubo in 1991. We are simply mimicking Mother Nature. … In 1991, Mt. Pinatubo, a stratovolcano, cooled the Earth by 0.9F or 0.5C for over a year,” it states on its website.

So far, the group has released 49 balloons since April 2022 and claims it has “neutralized 13,791 ton-years of warming.” It says its “clouds” of sulfur stay in the sky for between six months and three years, “depending on the altitude and latitude at which we release them.” {Who gave these tosspots permission to do that and who’s paying them???}

{For the opposition – Mr Essex and Mr Clark} Mr. Essex said the problem with adding reflective aerosols is even more complicated than most realize.

“If you put more stuff in the sky, you don’t just absorb and scatter [radiation]. You get stuff sent back to you,” he said. {No sh1t Sherlock!}

“Mr. Clark said injecting aerosols into the stratosphere is dangerous, and not just because of the effect on storm tracks.

“We did a lot of work to try [to] clean up the atmosphere,” he said. “The Clean Air Act addressed things like nitrous oxide and sulfur fuels and diesel and stuff like that. And then they want to undo all that work? It seems pretty reckless to me.

“And we don’t want a cooler planet! I mean, history tells us that European civilization flourished under a warmer climate. And you know what we’re seeing—with precipitation, setting records and all the rest, and consequences of a warmer planet—is far better conditions to have than what happens when things freeze earlier and for longer. Agriculture is compromised. Transportation is compromised. Everything is compromised when it’s colder.”

{Think that’s part of a bigger plan, Chaps!}

More silly ideas at the link below.

https://archive.is/PphaY

{So the balloons filled with crapola could be why we’ve had the wettest Autumn, Winter and Spring in 17 years…. }

15.  Imho, his composition is fabulous

As is this chap's:

14.  Interesting

https://x.com/Rainmaker1973/status/1776961121049801071

13.  Late roundup