Monday, 17 May 2010
How difficult is it to cut the national debt...
What could be done to cut this massive overspend?
1: Tell EU that we're cutting our subsidy dramatically.
Saving £6.4Billion in 2010/11
http://www.telegraph.co.uk/news/newstopics/politics/6073804/UKs-payments-to-EU-jump-by-60-per-cent.html
2: Slash the DFID budget.
Saving at least £9.1Billion as per 2009/10 figures.
http://webarchive.nationalarchives.gov.uk/+/http://www.dfid.gov.uk/Media-Room/News-Stories/2009/Budget-2009---keeping-our-promises-to-the-worlds-poorest-people/
3: Bailed out banks to repay Asset Protection Agency before handing out bonuses and dividends.
At least £4 Billion per year based on Lloyds repaying £2.5Billion last year and RBS turning a profit of 950Million and having to repay 700 Million each year as part of the APA deal.
4: Reduce NHS expenditure back to 07/08 Budget. £110Bn back to £90Billion.
Saving £20Billion.
5: Reduce Public sector jobs by 1/6. from 6million to 5 million. Mostly middle management paperpushers earning at least £30k p.a.
Saving £30 Billion
http://www.statistics.gov.uk/cci/nugget.asp?id=407
6: Increase Unemployment Benefit to take into account additional 1 million ex-public sector workers. Spending £7 Billion
7: Withdrawl from overseas wars and conflicts.
Saving £4.5Billion.
http://www.guardian.co.uk/world/2009/feb/13/afghanistan-iraq-bill-british-military
8: Create Special Economic Zone. 10% Flat Rate Corporation Tax for overseas companies. Any construction of premises to be carried out by existing British companies and hiring of workers to be British citizens only. No idea how much revenue this would generate, at a guess... Up from £46Bn in 2008 to £50Billion in 2010/11.
Increased revenue of £4Billion
The total difference would be £71.0 BILLION. Even with all the suggestions that i've outlined above, the government would still be overspending by almost £100 BILLION pounds per year!
However, where did all the money get spent? Spending pretty much remained the same compared to 08/09. The problem was that the government received less money via taxation than in previous years. A lot less. In 07/08 the government received £451 Billion. In 08/09, £439 Billion. A difference of £12 Billion.
In 2009/10 the revenue was £397 Billion. £54 BILLION less than in 2007/08.
http://www.hmrc.gov.uk/stats/tax_receipts/table1-2.pdf
How has the government managed to keep things going? It sold the future. It sold debt in return for paying interest. The government got a large injection of cash, but it will have to pay for it for 20, 50 or even 70 years. When I say the government, I mean the taxpayer.
So, we're in a very bad economic state. We, as taxpayers will be paying interest on the money the government has borrowed, while still spending beyond it's (our) means, and still not paying off the money that we already owe.
We need money to come into the country. We need to get money from other countries to flow into the UK. We need to build and export more goods worth at least £100 BILLION per year while cutting costs at home.
Tuesday, 6 April 2010
A definition.
A circus in which the people that do the work get to decide which thieving bastards are going to rip them off for the next five years.
from The Dictionary of DNTT
Cameroon promises to fight on behalf of the Great Ignored
Her Majesty plays it safe as Bruin visits Buck House

The monarch, knowing of Calamity Brown's ability to destroy everything that he touches, made sure that the fire brigade were close by.
An anonymous source said that Her Majesty appreciates that Jocko McRuin is a very unlucky person. He has the curse of Jonah.
The fire brigade were in attendance to ensure that a repeat of the Windsor Castle fire did not occur, nor that the palace was damaged again as it was by a fire in the West Terrace in 2002.
Thursday, 1 April 2010
New Labour putting pressure on those that oppose?
Has the Drowning-in-debt Street Politburo got a bit of busted nose over Murdoch's decision to support the tories? Has the very same politburo decided to give Murdoch a slap over his "defection"?
Friday, 26 March 2010
Crisis? What crisis?
Oh, but there was then, and there is now.
Thanks to a terrible mess under the watch of Labour in the 1970's, this country had to go on the beg to the IMF. We were bankrupt.
We still are.
Every government that I've been alive to see has borrowed more than it raised via taxation. How crap is that? Every single one of them has had money coming in from taxing the population yet still couldn't afford to keep its finances in check.
The Tories had to borrow, Old Labour had to borrow, but New Labour has taken this borrowing to a previously unheard of scale.
I am not paying for your mistakes Brown. Get the fuck out and take all of your red MPs with you. Oh, and by the way, those of you sitting on the opposition benches. Didn't put up much opposition did you? You may go too. Get out the lot of you!
Wednesday, 24 March 2010
Budget Day..
Will the Chancellor show up with a blackeye? Will Gordon have beaten it into him to give away yet more debt to satisfy the numpties in this country?
Labour. Get out!
Conservatives. Pull yer fingers out!
Liberal Democrats. Do not get into bed with Liebour!
Thursday, 18 March 2010
Friday, 12 March 2010
The greedy pigs are getting away with it!
This peer, this greedy, troughing, devious peer is not going to be charged by the police.
Uddin has claimed from the taxpayer in excess of £100,000 to maintain a second residence. This second home allowance for MPs and Peers is to give them somewhere to stay when in London when working on Parliamentary business. It is especially useful for those representatives that have constituencies a long way from London.
However, Baroness Uddin very rarely visits her second residence. According to reports, her neighbours do not see her using the home in Maidstone. The Baroness instead spends her time living in an apartment that was originally built to house people from impoverished backgrounds. The flat, owned by Spitalfields Housing Association, charges a very low rent in order that people on low incomes can afford somewhere to live.
Why, and how could a Baroness, herself a very wealthy individual get access to social housing? Could it be that there are several highly ranked officals within Spitalfields H.A. that have the surname "Uddin"?
According to the Spitalfields Website (http://www.spitalfieldsha.co.uk/staff_structure.html) the Vice-Chair of the Board of Management is Ala Uddin, Faruque Uddin is a Housing Officer, and Abdus Uddin is a the Assistant Maintenance Officer.
Why has she not been charged with fraud? It's a political reason. The people responsible for setting the rules about peer's expenses changed the rules so that peers can do whatever they like. Secondly, and the politically-correct, hand-wringing, bleeding heart liberals and socialists won't like this, it is because she is Muslim. Our glorious leaders don't want to see the first Muslim female peer be sent down for fraud.
The Crown Prosection Service has been lean't upon to ensure that the two million muslims within the United Kingdom don't get arsey at the criminal conviction of one of their own. New Labour needs those muslim votes, and it knows it.
New Liebour, rotten to the core.
Conservative, totally incompetent at opposing New Liebour.
Liberal Democrat, just another bunch of EU apologists.
Wednesday, 10 March 2010
Friday, 5 March 2010
Gorgon at the Iraq Inquiry
What New World Order would that be? Selling us yet further down the debt river? Fucking over the "little" people again and again?
Take yourself and your fellow MPs and get out. Take the useless fucking opposition benches with you while you're at it.
Conservative fail
What have you been doing for the past 13 years?
I'm not impressed.
Go on, Gorgon! I dare you to lose your temper!
The glorious leader is up in front of the Iraq Inquiry later today.
This is a test run for the televised General Election debates.
If Gorgon has enough preparation, and is suitably convincing in front of Chilcott and the TV cameras, the debates could be a lot tougher for Cameron and Clegg. However, it may backfire today.
Firstly, it will give the gurning, fist-clunking PM the practice he needs to answer questions without knowing what the questions will be beforehand. Unlike PM Questions, which is full of planted inquiries and the opportunity to quote "tractor stats".
Secondly, if Gorgon does lose his tenuous grip on his emotions, it will give the other party leaders the chance to needle and pick at his oratory weaknesses in the forthcoming TV debates.
I'm hoping that he totally loses control today in front of Chilcott.
Wednesday, 3 March 2010
Wednesday, 24 February 2010
Is Cameron deliberately trying to lose the General Election?
I think the Tories and the Lib-Dems are pulling their punches. They know that whomever wins the General Election is going to inherit a country and government in an epic financial mess.
Could the limp-wristed nature of the opposition be a cunning plan? Let Labour win and then have a vote of no-confidence in 12 months when the finances really go tits up.
The crisis has to reach epic proportions, Labour has managed to hide and massage the figures up until now, but at some point the tax revenues will fall dramatically, quantative easing will run out, and the wage demands of a million overpaid public sector non-jobs will create another Winter of Discontent.
The next twelve months are going to be rough. Regardless of who is in Number 10.
Monday, 22 February 2010
BBC spinning over bullying allegations
This morning on BBC Breakfast, there was an interview with Christine Pratt, the founder of the National Bullying Hotline. The BBC interviewer was looking to attack the source of the allegations and not the allegations themselves.
The BBC has turned this bullying story from one of a workplace problem into a political one by following the reasoning that the bullying hotline has links to the Conservative party.
The propaganda unit has gone into full time damage limitation in order to protect the Glorious Leader.
The National Bullying Hotline has endorsements from David Cameron and has Ann Widdecombe as a patron.
It would appear that New Labour doesn't like it when the opposition gets some ammunition to attack the gurning, nosepicking, angry, incompetent incumbent of Number 10.
If you don't want to get bitten, don't release your attack dogs in the first place.
Wednesday, 17 February 2010
Pull yourself up and get busy!
When I was younger, being brought up on a sink estate in Birmingham, Labour was most likely to help me out.With its policies involving the redistribution of wealth and giving those at the bottom of the ladder a financial boost, it was right at that time.
As it turns out, I did better for myself by getting on and learning. I stayed on when most of my classmates left school at 16. Myself and a few others completed our A-levels and then went on to University. We got busy. Especially those of us with a less wealthy background.
As it happens, although I voted Labour, it was a Conservative; Norman Tebbit that was right. I got on my bike.
I dropped out of university after the first year. I was one of the first to jump through the hoops that was the Student Loan Company. I could see that if I was to continue with my degree, I would end up in a load of debt with no guarantee of a job at the end of it. I deliberately failed my end of year exams and walked away.
I signed back on the dole, and while looking for work I completed a City & Guilds vocational course. I then tried to get back into University, but found that my Local Education Authority was not prepared to pay for any other fees as I had already done a year of a degree. I shrugged and while studying towards a foundation course in Software Engineering found a job.
I worked, moved jobs several times in search of greater salary and more responsibility. I got on my bike.
I could've stayed in the sink estate. Got married and had a load of kids, and expected the state to pay for my home and welfare. I didn't. Based on my experience, it took me 10 years to get myself financially better off than if I had left school at 16 and had a family and let the taxpayers support me.
10 years of investment in myself is what it took. It's those first 10 years that a lot of people do not want to invest in themselves. Its hard work. There were many setbacks and letdowns. But now, because I got on with it and got busy,I now have a decent paying job and I am buying my own house. The only debt I have is my mortgage.
Thursday, 11 February 2010
Ode to Geoff Hoon.
whose defeat was guaranteed soon,
He's scammed and he's fiddled,
flipped houses and diddled,
And out of job by this June.
Cooking the books?
They're in dire need of financial help, but the problem could be bigger than first envisioned.
The Greeks have a national statistics agency, similar to the Office of National Statistics in UK.
The NSSG should be independent. It isn't. It comes under the authority of the Greek Ministry of Economy and Finance.
Oops.
The EU has ongoing investigations into the problems with Greek fiscal statistics. Last year EuroStat reported
"In the 21 October notification, the Greek government deficit for 2008 was revised from 5.0% of GDP (the ratio reported by Greece, and published and validated by
Eurostat in April 2009) to 7.7% of GDP. At the same time, the Greek authorities also revised the planned deficit ratio for 2009 from 3.7% of GDP (the figure reported in spring) to 12.5% of GDP, reflecting a number of factors (the impact of the economic crisis, budgetary slippages in an electoral year and accounting decisions)*
A deficit of 3.7% of Greek GDP would be equivalent to 12.25 BILLION dollars.
A deficit of 12.5 % would be 43.75 BILLION dollars.
A big difference. Of course, there being a general election had nothing to do with massaging the figures.
*http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/COM_2010_REPORT_GREEK/EN/COM_2010_REPORT_GREEK-EN.PDF
Hoon Avoiding "Portillo Moment"
He has flipped his homes and is now flipping his standing towards the electorate. He's running scared. He knows full well that the expenses scandal and the very poor attempt at ousting Gordon Brown last month has hit his credibility very hard.
He is another expense-fiddling, house-flipping git that doesn't want to risk public humilation in front of the electorate.
He'll get a nice big fat pension, relocation expenses, and has got a nice property portfolio as paid for by the taxpayer.
Reports in the Nottingham Evening post of January 09, 2010, stated "Members of the Ashfield Constituency Labour Party have told the Post that before Christmas Mr Hoon assured them he was "100%committed" to his job, but after his call for a ballot failed to find favour with Parliamentary colleagues there was speculation he may move on.
"Mr Hoon said he had no regrets over his intervention in the debate about party leadership and he was "committed" to remaining as the Ashfield MP."
http://www.thisisnottingham.co.uk/politics/Hoon-Ashfield-defiant/article-1690042-detail/article.html
Wednesday, 10 February 2010
Arctic Ice Cap Set to Increase
The AO graph has been mostly negative since December 2009.
See the graph here http://www.cpc.noaa.gov/products/precip/CWlink/daily_ao_index/ao_index.html
The ecofascists would have us believe that Polar bears are drowning and the Arctic Ocean is boiling if they had their way. Fortunately for the rest of us, it can be shown by scientific method (and not just making up a story to scare children, as per Greenpeace) that there will be more ice in the Arctic this summer.
The world is not about to end. Don't let the "watermelons"* of GreenPeace and the Al Gore Appreciation Society fool you. Green propaganda and ecoterrorism is a means to extort money from hardworking people via taxation.
*watermelons are green on the outside and red on the inside. Intolerant, ignorant, jealous, data-fiddling, control-freaking bastards the lot of 'em.
A bailout for Greece?
"1. Without prejudice to any other procedures provided for in the Treaties, the Council, on a
proposal from the Commission, may decide, in a spirit of solidarity between Member States, upon the measures appropriate to the economic situation, in particular if severe difficulties arise in the supply ofcertain products, notably in the area of energy.
2. Where a Member State is in difficulties or is seriously threatened with severe difficulties caused by natural disasters or exceptional occurrences beyond its control, the Council, on a proposal from the Commission, may grant, under certain conditions, Union financial assistance to the Member State concerned. The President of the Council shall inform the European Parliament of the decision taken."
This could lead to a substantial transfer of assets from the UK to Greece. We are talking billions of pounds. Is it possible that an economic crisis in a less industrialised nation could be engineered in order to invoke Article 122?
Could this be a way to transfer wealth from the (relatively speaking) richer, industrialised nations to the less wealthy, more agricultural members of the EU?
If the answer to those two questions is yes, then there is nothing to stop the EU from bringing everyone up to a common standard, or if you're cynical to drag the major economies down to the lowest common denominator.
Britain, yet again could be subsidising the poorer nations at the expense of our own industry and people.
Back in the EUSSR. You don't know how lucky you are.
Spreading the word...
There is an expectation that other EU members will be asked by the ECB to bail out the Greek Economy.
I have always believed that the Euro "one-size-fits-all" currency would be a problem for the less industrialised nations of the EU.
As The Tap has said, I too expect a lot of civil unrest and rioting in Greece. The sunnier, Mediterrean cultures are less likely to be complicit with their governments demands. Their hotter, fiery, more independent nature is something we should take note of in Britain.
It is far too easy to sit back and and let apathy lead us into further financial misery.
Monday, 8 February 2010
Poetic pisstaking
I know an old PM that ate lots of fruit.
I don’t know why he ate lots of fruit,
He’ll get the boot.
I know an old PM that wore a bad suit,
To cover the gut from eating the fruit.
But I don’t know why he ate lots of fruit,
He’ll get the boot.
I know an old PM that cried on the telly,
Tried to get votes by being less smelly.
He cried on the telly to buy a new suit,
That covered his gut from eating the fruit,
I don’t know why he ate lots of fruit,
He’ll get the boot.
I know an old PM that made himself spin.
Full up with sin! He was desperate to win!
He made himself spin, to be less smelly, to buy a new suit, that hid the fruit.
But I don’t know why he ate lots of fruit.
He’ll get the boot!
I know an old PM that talked to Obama,
And now he’s been eaten by Jeffrey Dahmer!
Friday, 5 February 2010
Breaking News
Lord Hanningfield charged. Insufficient evidence to prosecute Lord Clarke.
No announcement as yet regarding Baroness Uddin.
Fingers crossed..
Today I am hoping the CPS will overcome the posturing and great wailing and gnashing of teeth from Westminster.
I don't just want to see 6 parliamentrains prosecutes and jailed. I want every single one of those theiving bastards that were cuaght out by Legg to be tried in Court.
Six out of 390 guilty troughers to be prosecuted is not good enough.
I want the lot. Every single theiving, deceiving, lying scumbag should be sent down.
Westminster is rotten. It needs to be replaced.
Friday, 29 January 2010
Now that's how to bounce back from recession..
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.
Wednesday, 27 January 2010
Jonah Jinxes Jobs
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!
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
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
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....
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 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.