Oi! Darling!
Oi! Brown!
The US Economy grew by 5.7% in the last quarter.
Makes the 0.1% "growth" of the UK economy in the previous 3 months seem very very pathetic.
Friday 29 January 2010
Wednesday 27 January 2010
Jonah Jinxes Jobs
Crystal Palace Football Club have gone into financial administration.
Guess where Gordon the Moron was last summer...
Here is a photo of the Glorious Leader at the Crystal Palace TV transmitter in June 2009.
Co-incidence?
Wherever this loon goes, misery and consternation are soon to follow.
Guess where Gordon the Moron was last summer...
Here is a photo of the Glorious Leader at the Crystal Palace TV transmitter in June 2009.
Co-incidence?
Wherever this loon goes, misery and consternation are soon to follow.
Tuesday 26 January 2010
Out of recession? Don't talk crap!
The government has reported via its statistical fudging sideline, the Office of National Statistics that in the last 3 months the UK economy grew by a whopping 0.1%.
0.1%
Pathetic.
I've seen "rounding errors" bigger than that! Not only is the news of Britain's economic salvation complete bullshit, but the figures are based on only 40% of the available data.
I'll tell you when we're out of recession. When the small businesses of the UK can afford to spend time taking on unskilled, young workers to mould them into skilled, economically active young men and women.
Businesses, especially those with low turnovers and huge bureacracy (yeah thanks for the red tape Gordon), will not risk taking on a potential worker that is still wet behind the ears.
Until the numbers of unemployed within the 16 -24 age group falls DRAMATICALLY, this recession is far from over. Until then, if a business needs to recruit it will cherry pick from the experienced, recently unemployed, mass of older workers.
0.1%
Pathetic.
I've seen "rounding errors" bigger than that! Not only is the news of Britain's economic salvation complete bullshit, but the figures are based on only 40% of the available data.
I'll tell you when we're out of recession. When the small businesses of the UK can afford to spend time taking on unskilled, young workers to mould them into skilled, economically active young men and women.
Businesses, especially those with low turnovers and huge bureacracy (yeah thanks for the red tape Gordon), will not risk taking on a potential worker that is still wet behind the ears.
Until the numbers of unemployed within the 16 -24 age group falls DRAMATICALLY, this recession is far from over. Until then, if a business needs to recruit it will cherry pick from the experienced, recently unemployed, mass of older workers.
Friday 22 January 2010
Tuesday 19 January 2010
Inflation increasing
Could this be the beginning of long term high inflation?
CPI has been reported by the Office of National Statistics as being 2.9% for December 2009. An increase of 1% over November's rate.
RPI is being reported as 2.4% for the same month, an increase of 2.1%. This figure includes mortgage interest payments.
RPIX is at 3.8%, and increase of 1.2% from November. This figure does NOT include mortgages. It is an indicator of things that people buy regardless of what sort of home they live in. This number is the one that affects those that are not homeowners, typically those that are less well-off within society and the young, and those that have paid off their mortgages such as pensioners.
The poorest people and those without massive homeloans are seeing inflation of almost 4%. This is very close to the historical average level of inflation seen since the end of World War 2.
Inflation has been low for a very long time. I expect it to shoot past the current levels by a large margin. Call it a correction in the inflation trend. A correction that is long overdue.
CPI has been reported by the Office of National Statistics as being 2.9% for December 2009. An increase of 1% over November's rate.
RPI is being reported as 2.4% for the same month, an increase of 2.1%. This figure includes mortgage interest payments.
RPIX is at 3.8%, and increase of 1.2% from November. This figure does NOT include mortgages. It is an indicator of things that people buy regardless of what sort of home they live in. This number is the one that affects those that are not homeowners, typically those that are less well-off within society and the young, and those that have paid off their mortgages such as pensioners.
The poorest people and those without massive homeloans are seeing inflation of almost 4%. This is very close to the historical average level of inflation seen since the end of World War 2.
Inflation has been low for a very long time. I expect it to shoot past the current levels by a large margin. Call it a correction in the inflation trend. A correction that is long overdue.
Friday 15 January 2010
Watch out if you're on this list
http://www.britsafe.org/events/ISAwinners.aspx
The Glorious Leader sent congratualtions to Bosch for winning a Safety Award in April 2009.
As reported earlier, Bosch is now closing its manufacturing facilities in Cardiff.
Jonah Jinxes Jobs.
The Glorious Leader sent congratualtions to Bosch for winning a Safety Award in April 2009.
As reported earlier, Bosch is now closing its manufacturing facilities in Cardiff.
Jonah Jinxes Jobs.
Do not trust this man
Last month the Glorious Leader visited South Wales.
Bosch in Cardiff is now going to lay-off 900 workers and move production to Hungary.
In April, 2009, Gordon put another jinx on jobs by congratulating Bosch for their fourth successive Annual Safety Award.
A press release from Bosch last year stated:
'Last year Prime Minister Gordon Brown added his congratulations: “I am delighted to send my congratulations to all of those organisations being presented with an award by the British Safety Council. These awards recognise the crucial success that these organisations and their employees have achieved in their pursuit of excellence in the management of health, safety and environmental matters at an international level”.'
More investigation to follow as to whom else was congratulated by Gordon, and is likely to go bust.
http://www.bosch.co.uk/content/language2/downloads/International-safety-award-04-09.pdf
Thursday 14 January 2010
Now for something completely different....
Mobile Phone Runs on Coke.
An innovative Chinese developer based in London has modified a mobile to run on sugary drinks.
The battery has been replaced by some clever electronics that use the energy stored within Coca-Cola to power a Nokia mobile phone.
Daizi Zheng has found that the phone runs for about 4 times longer using Coke than it does than using a standard Lithium-Ion phone battery.
An innovative Chinese developer based in London has modified a mobile to run on sugary drinks.
The battery has been replaced by some clever electronics that use the energy stored within Coca-Cola to power a Nokia mobile phone.
Daizi Zheng has found that the phone runs for about 4 times longer using Coke than it does than using a standard Lithium-Ion phone battery.
Do not trust this man.
As Chancellor of the Exchequer of the UK, he oversaw the greatest ever increase in public debt ever experienced by the UK.As the economy seemingly expanded, house prices rose, and the little people felt wealthy, he sold made a mess of the UK.
He:
In 1999, sold off the UK Gold Reserves at a rock bottom price.
He sold gold at $275 per ounce. Today gold is worth $1200 per ounce.
UK has some of the lowest reserves of gold in the world.
We currently have about 300 tons in reserve.
USA has over 8,000 tons.
Germany has over 2,200 tons.
France has over 2,500 tons.
The UK has next to nothing to sell in times of crisis.
He has ploughed Billions into the NHS.
The NHS now has more middle managers than front line nurses and doctors.
The money has been wasted. Waiting times are still the same.
New Labour says that it likes to use Keynesian Economic Theory for its running of the economy.
New Labour is spending a lot of government money during a recession. This is a good thing to do as per Keynes. However, Keynes also insists that to pay for the bad times, you have to save during the good times. Gordon Brown, having overall responsibility for the UK economy, did not do this.
Do not trust Gordon Brown. Now that he is Prime Minister he is destroying the UK, socially and continuing his economic catastrophes via his puppet, Chancellor Darling.
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