London Falling: Like a Man Eating Its Own Leg

reply to post by JohhnyBGood


Obviously you are uneducated in the matters of the world and we will ahve to excuse your ignorance.

Please research the very subject you are stating, where did you get this 50% number from.

The reason I ask is because if there really were 50% of a country in the situations you described, don't you think that it would be a SYMPTOM of a bigger problem..?

reply to post by JohhnyBGood


Wow. You really didn't get what I said do you. Read it S L O W L Y and then come back to me. I am not going to explain myself to someone who obviously has the IQ of a shaved gnat.

Be well.

It always those who are unemployed who are criticized isn't it. What about the Bankers, Traders who got us into this situation in the first place. They are still receiving their Bonuses. While hundreds if not thousands of people in the UK are loosing jobs. What about those who spout hatred on the streets off the UK, who receive thousands in Benefits, who live in 5 bedroom houses, have we forgotten about them?

And we are continually told. Blaming the bankers is over. No it is not. They were bailed out by us the taxpayer, they did not give any of this money to small businesses. We the taxpayer should have had that bail money back by now. But as per usual, once again they have had to be given a cash injection. And who will be left to foot that bill once more. The Taxpayer.

I'm not in Britain, but I agree with the comments about the bankers. I've spent the last few weeks learning more about derivatives, leverage, and liquidity, and I can't imagine another industry where you would be allowed to speculate at as much as a 30:1 ratio against your assets. When you throw that much money into the mix, you're not only destabilizing governments and productive sectors, you're basically begging for massive inflation to the benefit of only a select few.

I won't pretend to be an expert, but blaming the poor and unemployed is ridiculous. Equally ridiculous is how our national governments do nothing to look out for their own people. I know so many people where I live who'd love the opportunity for a decent hard-working job, who have applied to tons of places, and it isn't there.

I know some who say that's just the market, but that's crap. Governments have many things they can do to help their people. The truth is they don't. And all deregulation has done is set the stage for the second coming of the Gilded Age. But at least the first time, they were building things. All we seem to build is debt.

Godfrey Bloom is my new hero.

Agree with everything he says.

We have far too many public workers.

This recession started 3 or 4 years ago and all that time I pesonally do not know of a single person who has been laid off from a public sector job.

I know know loads of people from private sector who have been made redundant.

I say close down everything we don't actually need to survive. And that includes those working in the banks we own, especially the high paid ones.

reply to post by beezzer


The upshot of the depression of the late 20 and 30's was that Hitler came to power and went on t drop a lot of bombs on the UK.

Originally posted by bigyin
reply to post by beezzer

 

The upshot of the depression of the late 20 and 30's was that Hitler came to power and went on t drop a lot of bombs on the UK.

That's actually incorrect

. Hitler came to power because Germany was made to pay a war bill for a war Germany didn't start and didn't lose, WW1 finished with an armistice', and a whole generation of Germans grew up in poverty. That built a platform for a madman like Hitler to jump on. What helped him is that every promise he made to the German people he was able to keep and he got Germany out of the poverty.

It was because the armistice of WW1 was so unfare on Germany that Hilter was able to drop all those bombs on England.

Originally posted by tpg65
...because a minority are soaking up our resources and this CAN'T continue !

That's the same for most Euro countries, even here in little ol' Norway. But will it change? Not if the people don't do something about it, because our (Euro) governments seem contempt with letting it all go down the "loo".

The UK could fix itself easily. Start by pulling out of the EU, not bailing out EU countries like Ireland and Greece, start charging foreigners for use of the education system and NHS, demand (with force if necessary) the money Iceland owes us, scrapping foreign aid, withdrawing from conflicts, leaving NATO and the UN etc. See how quickly the country would improve.

reply to post by steveknows


You are both wrong. Hitler was able to do what he did because he was a charismatic but ultimately insane person, around whom sprung up a personality cult made up of similarly sociopathic genocidal maniacs, who should all have been fed to a wood chipper when they first came up with the idea of burning people in ovens. It was the pathetic lack of moral compass on the part of every scumbag that voted for him, that led to war.

Originally posted by TrueBrit
reply to post by steveknows

 

You are both wrong. Hitler was able to do what he did because he was a charismatic but ultimately insane person, around whom sprung up a personality cult made up of similarly sociopathic genocidal maniacs, who should all have been fed to a wood chipper when they first came up with the idea of burning people in ovens. It was the pathetic lack of moral compass on the part of every scumbag that voted for him, that led to war.

What you just stated was opinion and put it as fact

. History out does your opinion and says that had the German people not sufferd after WW1 Hitler would have had no platform. It's not by mistake that Germany was helped and placed as an equal after WW2.

reply to post by steveknows


Squalor and poverty are not an excuse for allowing a person to control a nation when that person, and his idealology are counter to peace and freedom. One can have more freedom when one is poor, than when one is forced to take part in propegandist BS as a matter of national pride.

The German people COULD have prevented the rise of the Reich and they didnt , because ultimately , they were weak enough to allow thier needs to outwiegh thier morality, and that is pathetic.

Originally posted by TrueBrit
reply to post by steveknows

 

Squalor and poverty are not an excuse for allowing a person to control a nation when that person, and his idealology are counter to peace and freedom. One can have more freedom when one is poor, than when one is forced to take part in propegandist BS as a matter of national pride.

The German people COULD have prevented the rise of the Reich and they didnt , because ultimately , they were weak enough to allow thier needs to outwiegh thier morality, and that is pathetic.

You're trying to over simplify a comlpex issue. Nothing is ever so black and white. It doesn't matter. You're just not getting it.

After WW1, indeed Germany was made to pay for its agressions. No doubt harsh but intended as a lesson for the German People. For a time, they languished and saw no growth. A young Hitler saw his opportunity and struck with a few of his friends to seize power. He failed in the famous Beer Hall Putsch and landed up in jail.

But thanks to american investments, soon Germany become a capital far relaxed than any in Europe. Everyone had a job then under HindenBurg's rule.

Unfortunately, the Great Depression came. Investments disappeared. Poverty returned to Germany. This time, a wiser Hitler made smart moves with his NAZI party fooling everyone, and by 1933, he became the absolute dictator in Germany by manipulating the votes and used his thugs to threaten others. But he never did receive 100% majority of votes. There were a substantial germans whom were not fooled by his rhetorics and theaterics.

When Hitler took over, the german economy hummed again. Everyone had a job, and was admired by everyone in the world. But then, the world did not know what exactly Germany was manufacturing. They were only rearming the war industry, and every industrial output was for the sake of war preparation.

Its fund came from its mineral resources and tax revenues, paid by Franco's spainish civil war, as well as seizing every Jew's savings, which was highly substantial at that time.


Currently, England is not facing even a recession yet, let alone a depression. But with its austerity drive, it will most certainly lead to a long lasting recession of the likes never seen before.

1. With its QE2 bailout, it printed money out of thin air to buy back toxic bonds from banks, ensuring banks become liquid. Unfortunately, such toxic bonds then belongs to the sovereign people now, whom can't use it for social expenditure or anything else.

Worse if some fanatic idiot comes along and demand those nations that issued the bonds be made to pay or face war, thousands if not millions of fellow human brothers and sisters will face bloodshed for the reality of getting the super rich elite off the hook for their greedy mistakes, while other innocents die.

2. As the BOE printed the money from thin air, it will only devalue the british pound further, for money is based upon confidence and such lack of confidence by pound holders will erode when BOE prints more than that pound is actually worth, whom will quickly sell it off enmass causing a drop in value.

With that drop, inflation creeps up. The pound can no longer buy that loaf of bread today that you could yesterday. It cost more now. And couple with austerity drives, it is a recipe for a long zombie nitemare, for the brits while seemingly cool and rational, do have limits with the BS that they can take daily. When it erupts, hell knowth no fury than a brit scorned, to paraphrase the Bard.

reply to post by steveknows


Wether something is simple or not, is no excuse for failing to override simple physical needs with the more important moral choices that ought to be made regardless of ones own needs. Right and wrong are black and white. Xenophobia is wrong, and any and all thinking which supports it is obviously sick and needs adjustment.

On the matter of how the previous crash relates to this one, I personally do not think that it does. The old crash was caused by factors which do not prevail at this time, and the exposure globally to risk was smaller back then.

From the UK's economic problems to Hitler's rise to power in less than one page. Surely that breaks some ATS off topic posts record?

so london you like like Windsor freeloading parasites.....

reply to post by USAisdevil


One of the great lies of our generation. The reality of the situation is this, it costs us virtualy nothing to have a monarchy, and it gains us millions in tourism, and gives us ambassadors from various generations , to promote our nation and our way of life. The Windsors, counter to public understanding , pay for themselves and then some, every year, and always have.

Look , all side issues put away for a second, surely we can agree that the solution to all this, is a complete ceasing of all co operation between people and government until they agree to do as they are told, and not as they see fit ? Be a heck of a lot less hassle than trying to put up with thier changes, and funding thier tyranny over us do you not think ?

We could force the government to do as they are told, and crush the money we are owed out of the banks, and prevent any whitehall employee from walking off with more than fifty thousand a year in pay, or bonuses. We could force them to do things the peoples way, rather than the disgusting greedy sod way? Anyone else interested? It may mean giving up your jobs for a year or two and making sure that hundreds of thousands of your fellow men and women do the same , but we could get this done if we showed the balls, surely? What do you think?

Originally posted by steveknows

Originally posted by TrueBrit
reply to post by steveknows

 

You are both wrong. Hitler was able to do what he did because he was a charismatic but ultimately insane person, around whom sprung up a personality cult made up of similarly sociopathic genocidal maniacs, who should all have been fed to a wood chipper when they first came up with the idea of burning people in ovens. It was the pathetic lack of moral compass on the part of every scumbag that voted for him, that led to war.

What you just stated was opinion and put it as fact

. History out does your opinion and says that had the German people not sufferd after WW1 Hitler would have had no platform. It's not by mistake that Germany was helped and placed as an equal after WW2.

What are you smoking?
Germany was not placed as an equal it was divided in two.
It's industrial might was decimated by the Soviets controlling half of the country.
They got a way worse raw deal after WWII than the armistice of WWI. That armistice should have been ten times tougher, eradicating Germany from the face of the map replacing it by all the bordering nations absorbing their territory. They should have shrunk it to miniscule size and gave it back its original name of Prussia.