I wrote some months ago that Greek anti German sentiment generated by the last war would inevitably come to the fore as the Prussian lady pursued her reparations strategy forcing the Greeks into poverty. German has been a huge winner out of the Euro. Without the Euro to hide behind the German Dmark would have appreciated hugely and German unemployment much higher than it is today. Germany is fighting its own corner and the Greeks are having to pay.
The Greek parliament is meeting tonight under an unending series of scare stories from its EU appointed gauleiter. If you don't bow to German demands the country will run out of petrol, drugs etc. Can you imagine any proud sovereign nation caving into this blackmail and naked use of financial muscle?
Already the police are close to revolt as are all the Greek public sector workers. That only leaves the Greek army as an institution that still functions. Conditions are starting to look right for a military coup with a neo Nazi regimebut there will be much blood spilt on the streets of Athens before that happens.
The Euro as presently constructed is finished. Its on life support kept going as the UK also keeps going on constant infusions of central bank funny money. This will go on until Sarkozy loses out big time in this years French presidential elections and who knows what comes next.
At home the QE pigeons are coming home to roost. God help anyone retiring now who has to buy an annuity but with the political elite supporting the idle and feckless and rip off business men with dubious morals who speaks for middle England? No one I can hear on the media.
Never Knowingly Misleading - all relevant comments uncensored! Follow me on Twitter @NortonSubHamdon
Click below to see and hear Erics latest Podcast
Sunday, 12 February 2012
Friday, 10 February 2012
Farage, the BBC's useful idiot
I am grateful to Major Warry for reminding me of Lenin's description of UK left wing intelligentsia o the 20s. For Farage the description is self seeking, vain wannabee TV chat show host but still a very useful idiot for the Euro phile and EU financed BBC. He enables the BBC to tick the eurosceptic balance box whilst doing no harm to the EU cause. and more likely benefiting the EU
Click on the link below to watch NF telling a big porky.
Farage on Andrew Neil show
Did you spot it. When Jo Coburn asked NF how many women MEPs UKIP has he replied two when any fule do kno there is only one after the Farage assisted exit of Nikki.
My main complaint about Farage is not that he is a poor leader but that he denies media space to those who could make the leave the EU case in a far more professional, well informed and effective manner that could really further our cause and help win UK parliamentary seats. Names like Richard North, Trevor Colman, Nikki Sinclaire etc spring to mind.
But while Farage sits there smirking in the BBC studios thinking what a terrific media star he is he helps the BBC EU phile cause no end. Note how often the BBC shows clips and pix of Farage in his Arthur Daley camel hair velvet collar coat. Now why do they do that I wonder?
Listen to George Eustice MP on the hour long clip. He used to be a UKIP candidate! His understated remarks show why he is an MP. Compare it to Farages shrill and hectoring manner and you know why he loses parliamentary elections.
PS
I gather some of my readers are having difficulty posting comments on my blog. I have tried it under the open ID tag and it works but possibly the easiest way is to open a google email account which costs nothing and post using this email address. You dont have to use it for your proper emails although it will do this as well.
Click on the link below to watch NF telling a big porky.
Farage on Andrew Neil show
Did you spot it. When Jo Coburn asked NF how many women MEPs UKIP has he replied two when any fule do kno there is only one after the Farage assisted exit of Nikki.
My main complaint about Farage is not that he is a poor leader but that he denies media space to those who could make the leave the EU case in a far more professional, well informed and effective manner that could really further our cause and help win UK parliamentary seats. Names like Richard North, Trevor Colman, Nikki Sinclaire etc spring to mind.
But while Farage sits there smirking in the BBC studios thinking what a terrific media star he is he helps the BBC EU phile cause no end. Note how often the BBC shows clips and pix of Farage in his Arthur Daley camel hair velvet collar coat. Now why do they do that I wonder?
Listen to George Eustice MP on the hour long clip. He used to be a UKIP candidate! His understated remarks show why he is an MP. Compare it to Farages shrill and hectoring manner and you know why he loses parliamentary elections.
PS
I gather some of my readers are having difficulty posting comments on my blog. I have tried it under the open ID tag and it works but possibly the easiest way is to open a google email account which costs nothing and post using this email address. You dont have to use it for your proper emails although it will do this as well.
Thursday, 9 February 2012
BBC protects Farage again!
I switched on the Andrew Neil politics show at 12:00 today to find Farage and my former colleague from the BoE Matthew Hancock on the show.
Jo Coburn asked Farage how many women MEPs UKIP had. Farage replied two which is of course untrue as Nikki Sinclaire left UKIP sometime ago as she did not wish to sit with Farage's EU neo Nazi allies. UKIP has one female MEP, the semi-detached mid European Marta Andreasen. I did email theDaily Politics to point out this untruth but received only the usual non-reply.
It is disappointing given Andrew Neil's careful research for all his interviews. My old buddy Matt Hancock was given a real going over by A Neil in a well researched interview. He did not do well but Farage got the kid glove treatment from the notoriously pro EU Brussels Broadcasting Corporation. Why?
Clearly the BEEB regard Farage as an ally in their pro-EU campaign. He is pathetic but he does keep people who could do serious damage to the EU off the air which suits the BBC's book. A Neil also interviewed George Eustice, now a Tory MP, but previously a UKIP candidate who gave the game away by pointing out UKIP is really just a Farage cult not a serious political party and thus whilst Farage remains leader the Europhiles can sleep easily .
Jo Coburn asked Farage how many women MEPs UKIP had. Farage replied two which is of course untrue as Nikki Sinclaire left UKIP sometime ago as she did not wish to sit with Farage's EU neo Nazi allies. UKIP has one female MEP, the semi-detached mid European Marta Andreasen. I did email theDaily Politics to point out this untruth but received only the usual non-reply.
It is disappointing given Andrew Neil's careful research for all his interviews. My old buddy Matt Hancock was given a real going over by A Neil in a well researched interview. He did not do well but Farage got the kid glove treatment from the notoriously pro EU Brussels Broadcasting Corporation. Why?
Clearly the BEEB regard Farage as an ally in their pro-EU campaign. He is pathetic but he does keep people who could do serious damage to the EU off the air which suits the BBC's book. A Neil also interviewed George Eustice, now a Tory MP, but previously a UKIP candidate who gave the game away by pointing out UKIP is really just a Farage cult not a serious political party and thus whilst Farage remains leader the Europhiles can sleep easily .
Wednesday, 8 February 2012
How the other half lives, Pensioners & Qatada
Occasionally I have to travel on the local buses from our little village into the mighty metropolis of Yeovil, seat of Law's bum. I learn a great deal from meeting the bus users mainly OAPs and teenagers about the importance of such services.
First, its a social club as much as a transport service. Many of the OAPs live on their own as their spouses have predeceased them and they are delighted to have someone to talk to for the half hour or so. Interestingly it gives the teenagers I chance to talk to their elders and help and learn from them and they obviously enjoy it on both sides.
These OAPs are frozen during this cold spell. There were tales of burst pipes and incredibly cloths frozen in their washing machines. They were all burning all the heating they had, central, coal & wood and even electric. They remain cheerful but incredibly our callous LibDem council is proposing further cuts to this essential service. It takes these OAPs into Tescos and Marks where they can buy basic food and clothes.
Would it not be better to cut Laws' parliamentary expenses instead? Laws is in deep electoral trouble thanks to his exposure in the DT expense fiddles. I hope he gets kicked out next time.
The other thing that shocked me was a headline in one paper today saying we were paying millions of pounds a year for police to protect this foreigner Qatada. What on earth for? He entered our country illegally. He is not a citizen. He is entitled to no more police protection than any other citizen ie not a lot unless you are a member of the royal family or our self serving political elite!
If his statements create anger and make him likely to be attacked then he has a perfectly simple low cost and effective remedy. Shut up!
I have no doubt the bleeding heart LibDems and the boy will wring their hands and agonise about sending him back to Jordan where he belongs and of course do nothing. That's the people the UK electorate voted for.They are the guilty men and women who do not stand up to defend our country or its people .
First, its a social club as much as a transport service. Many of the OAPs live on their own as their spouses have predeceased them and they are delighted to have someone to talk to for the half hour or so. Interestingly it gives the teenagers I chance to talk to their elders and help and learn from them and they obviously enjoy it on both sides.
These OAPs are frozen during this cold spell. There were tales of burst pipes and incredibly cloths frozen in their washing machines. They were all burning all the heating they had, central, coal & wood and even electric. They remain cheerful but incredibly our callous LibDem council is proposing further cuts to this essential service. It takes these OAPs into Tescos and Marks where they can buy basic food and clothes.
Would it not be better to cut Laws' parliamentary expenses instead? Laws is in deep electoral trouble thanks to his exposure in the DT expense fiddles. I hope he gets kicked out next time.
The other thing that shocked me was a headline in one paper today saying we were paying millions of pounds a year for police to protect this foreigner Qatada. What on earth for? He entered our country illegally. He is not a citizen. He is entitled to no more police protection than any other citizen ie not a lot unless you are a member of the royal family or our self serving political elite!
If his statements create anger and make him likely to be attacked then he has a perfectly simple low cost and effective remedy. Shut up!
I have no doubt the bleeding heart LibDems and the boy will wring their hands and agonise about sending him back to Jordan where he belongs and of course do nothing. That's the people the UK electorate voted for.They are the guilty men and women who do not stand up to defend our country or its people .
Tuesday, 7 February 2012
Trevor Colman lays out how we extricate our country from the EU
Today I received two communications re UK membership of the EU. One by email came from th-eu-nit.com, Trevor Colman's unit that publishes facts relating to the many costs and few benefits of UK membership of the EU. Its an excellent piece of work, click here to view. Its the best and most concise summary I have ever seen and heard on what EU membership costs the UK. I congratulate all involved in its production. Please view it and circulate it as widely as possible to any of your friends who are interested.
The second communication I received was Farage's EUKIP so called Independence magazine. It included voting papers for yet another set of constitutional changes whose sole and only objective is to tighten the Farage cabal's grip on EUKIP the same way the EU is remorselessly tightening its control of our country.
If you are not in receipt of a copy I suggest you contact David Callice at mail@ukip.org and ask him to send you a copy. You can then compare the content and production for yourself of these two anti EU publications and judge for yourselves on who is more likely to get our country back for our children and grandchildren.
Trevor was like Nikki, Mike Natrass, Del Young, Martin Haslam and many others kicked out of UKIP for daring to question Farage, his motives and associates in relation to the EU.
The second communication I received was Farage's EUKIP so called Independence magazine. It included voting papers for yet another set of constitutional changes whose sole and only objective is to tighten the Farage cabal's grip on EUKIP the same way the EU is remorselessly tightening its control of our country.
If you are not in receipt of a copy I suggest you contact David Callice at mail@ukip.org and ask him to send you a copy. You can then compare the content and production for yourself of these two anti EU publications and judge for yourselves on who is more likely to get our country back for our children and grandchildren.
Trevor was like Nikki, Mike Natrass, Del Young, Martin Haslam and many others kicked out of UKIP for daring to question Farage, his motives and associates in relation to the EU.
Sunday, 5 February 2012
Today QE, tomorrow Weimar, the day after the Nazis
The Fed, the ECB and the Bank of England are now indulging in money printing on a scale even Robert Mugabe never managed. Its the easy short term way out for the political elite as its dire consequences for the electorate do not all appear immediately.
One consequence of near zero interest rates, a necessary condition for QE however has been noticed. People with savings receive almost zero interest and those with large debts including sovereign governments pay almost nothing in interest repayments. As inflation continues unabated at 4% plus this means negative real interest rates for savers so what your savings will buy is steadily diminishing
Meanwhile those with large debts secured on real assets will benefit when the price of these assets rise because of inflation
So what we have now is a hidden transfer of wealth from the prudent saver to the feckless and imprudent debtor. This will continue and will accelerate as it did in the German Weimar Republic in the late 1920s until the prudent middle class find their wealth has been largely destroyed and only the spivs and feckless thrive. In those conditions far right parties will thrive They will have the support, explicit and tacit, of the great silent majority, the middle class.
Its a frightening prospect but already we have had two democratic European governments replaced by EU politburo puppets. Who will be next? Not one of our politicians has objected to the EU Nazi behaviour so far. When they come for us it will be too late
One consequence of near zero interest rates, a necessary condition for QE however has been noticed. People with savings receive almost zero interest and those with large debts including sovereign governments pay almost nothing in interest repayments. As inflation continues unabated at 4% plus this means negative real interest rates for savers so what your savings will buy is steadily diminishing
Meanwhile those with large debts secured on real assets will benefit when the price of these assets rise because of inflation
So what we have now is a hidden transfer of wealth from the prudent saver to the feckless and imprudent debtor. This will continue and will accelerate as it did in the German Weimar Republic in the late 1920s until the prudent middle class find their wealth has been largely destroyed and only the spivs and feckless thrive. In those conditions far right parties will thrive They will have the support, explicit and tacit, of the great silent majority, the middle class.
Its a frightening prospect but already we have had two democratic European governments replaced by EU politburo puppets. Who will be next? Not one of our politicians has objected to the EU Nazi behaviour so far. When they come for us it will be too late
Friday, 3 February 2012
UKIP similarities to RBS
Listening to the RBS saga this week I was struck by the structural management similarities between RBS and UKIP both dominated by autocratic domineering leaders walking all over inadequate and weak boards whose alleged function is to rein in their chief execs worst follies.
On the RBS board there was a so called chairman plus a collection of well remunerated allegedly independent non executive directors who unanimously voted through the disastrous takeover of ABN Amro, a can or worms loaded with toxic debt. The killer was the Fred decision to buy ABN for cash not by issuing RBS shares. This so depleted RBS reserves that it went under in the subsequent credit crunch.
Fred has been a useful sole whipping boy for this disaster but of course the non-execs were also culpable. But as Tiny Rowlands once famously remarked non-execs serve the same purpose as Xmas decorations on your tree. They have no useful function. They collect a fat fee, typically around 80K per annum . But who appoints them? Well the chief exec usually appoints these people so its unprofitable to oppose the chief exec. You tend to end up as an ex non-exec very quickly!
Its a system wide open to abuse and manipulation. The only real check is the AGM where the board has to answer questions from the shareholders from the floor. Motions critical of the board are also discussed and voted on but these have to be submitted in advance of the meeting.
Compare this with UKIP. Farage is all powerful with huge powers of patronage to put some unusual people onto UKIP MEP slates and remove those whom he sees as his political enemies irrespective of how good they would be for UKIP. The UKIP NEC is supine and compliant kept obedient by the hopes of MEP preferment which requires unquestioning obedience to Nigel's wishes.
UKIP does have an AGM but there is not the strict rules that govern company AGMs. In fact there don't seem to be any rules at all!
As for members asking questions from the floor, forget it! The last time I was at a UKIP meeting where Farage answered members questions they all had to be submitted in writing in advance so that inconvenient questions that Mr Farage might find difficult to answer can be weeded out by the wannabee MEP chairman and never get asked.
It was amusing that at the infamous Nov NEC meeting where Mr Mottram appeared his initial question to Farage was why Farage continued to employ his wife on a fat salary when the practice was against the code of conduct. Indeed!
The other similarity is in the waste of capital by Fred and political capital by Farage. The last European elections were held just after the expenses scandal had infected and crippled LibLabCon. Never was there such a propitious moment for UKIP. The three main political EU phile parties had all shot themselves in the foot at once. It was a chance that will never come again for UKIP. Farage and the cabal pissed the chance away. They got one more MEP than at the election 5 years previously!
They are incapable of converting the huge anti-EU sentiment in the UK into meaningful electoral results that will kick start our exit from the EU. Instead the Cabal prefer to squabble over the the mess of potage thrown to them by the EU.
Which organisation has been worse led RBS or UKIP? Well at least RBS have now got new leadership. UKIP has not. It is under the total control of the Cabal who will ensure new leadership won't happen. The EU gravy train is what they want. That is why they are in UKIP.
On the RBS board there was a so called chairman plus a collection of well remunerated allegedly independent non executive directors who unanimously voted through the disastrous takeover of ABN Amro, a can or worms loaded with toxic debt. The killer was the Fred decision to buy ABN for cash not by issuing RBS shares. This so depleted RBS reserves that it went under in the subsequent credit crunch.
Fred has been a useful sole whipping boy for this disaster but of course the non-execs were also culpable. But as Tiny Rowlands once famously remarked non-execs serve the same purpose as Xmas decorations on your tree. They have no useful function. They collect a fat fee, typically around 80K per annum . But who appoints them? Well the chief exec usually appoints these people so its unprofitable to oppose the chief exec. You tend to end up as an ex non-exec very quickly!
Its a system wide open to abuse and manipulation. The only real check is the AGM where the board has to answer questions from the shareholders from the floor. Motions critical of the board are also discussed and voted on but these have to be submitted in advance of the meeting.
Compare this with UKIP. Farage is all powerful with huge powers of patronage to put some unusual people onto UKIP MEP slates and remove those whom he sees as his political enemies irrespective of how good they would be for UKIP. The UKIP NEC is supine and compliant kept obedient by the hopes of MEP preferment which requires unquestioning obedience to Nigel's wishes.
UKIP does have an AGM but there is not the strict rules that govern company AGMs. In fact there don't seem to be any rules at all!
As for members asking questions from the floor, forget it! The last time I was at a UKIP meeting where Farage answered members questions they all had to be submitted in writing in advance so that inconvenient questions that Mr Farage might find difficult to answer can be weeded out by the wannabee MEP chairman and never get asked.
It was amusing that at the infamous Nov NEC meeting where Mr Mottram appeared his initial question to Farage was why Farage continued to employ his wife on a fat salary when the practice was against the code of conduct. Indeed!
The other similarity is in the waste of capital by Fred and political capital by Farage. The last European elections were held just after the expenses scandal had infected and crippled LibLabCon. Never was there such a propitious moment for UKIP. The three main political EU phile parties had all shot themselves in the foot at once. It was a chance that will never come again for UKIP. Farage and the cabal pissed the chance away. They got one more MEP than at the election 5 years previously!
They are incapable of converting the huge anti-EU sentiment in the UK into meaningful electoral results that will kick start our exit from the EU. Instead the Cabal prefer to squabble over the the mess of potage thrown to them by the EU.
Which organisation has been worse led RBS or UKIP? Well at least RBS have now got new leadership. UKIP has not. It is under the total control of the Cabal who will ensure new leadership won't happen. The EU gravy train is what they want. That is why they are in UKIP.
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