Amid amid large scale exchanges of missile and drone fire across The PersianGulf today between Iranian and US forces, we can be sure that the Trump-Netayahu on-off-on war with Iran is on again. The battle for Hormuz has ramped up after the United States has
undertaken three consecutive nights of major bombing raids against
Iranian targets.
The IRGC says they targeted enemy weapons and parts storages in Bahrain
and Kuwait. This after the US appeared to attack some critical Iranian
infrastructure on coastal islands.
Later the IRGC has issued a fresh statement via state media on Tuesday, saying that "as long as the US evil stays in the middle east, not a drop of oil and gas will be exported from the region." It said further, per the press release that US aggression will have no result other than delaying the opening of the Strait of Hormuz.
All the while President Trump is said to be "very serious" about his plan to impose a 20% toll on cargo transiting through the Strait of Hormuz, a Semaforreport
says, citing a White House official who says the president has desired
such a plan for months. Both warring sides are insisting that it is
their side alone which will be 'guardian' over the strait.
ABC
is meanwhile reporting during the mid-afternoon (US time) that American
airstrikes on Iran have been underway for the last couple of course.
And yet still, Iran's IRIB has said that the Islamic Republic "must control the entire Hormuz Strait in wartime".
That oil is the main weapon of Iran and the primary fear of USA is obvious. They
thought the MOU would allow free access to every ship in both directions through The Strait Of Hormuz. Well, this is what
they get for thinking they can out - bluff the Iranians. Why would Iran allow any unfriendly
ships to pass when the US military started violating the clauses
before, during and after the signing?? They knew this and got their oil
out as fast as they could and used the American threats to drag their
feet on the other vessels.
China reimporting is most likely refilling their reserves. An article a
few weeks back indicated China wasn’t interested in Iranian oil and all
the vessels headed there will be disappointed. Well, it was a propaganda
piece. They were parking there because they knew the MOU
was just buying time. Time Iran has used wisely, time the US squandered
because it and its friends were not able to refill their reserves.
In total some 7 m bpd exited the Gulf region through new outlets. The
releases from reserves and the lifting of sanctions contributed to
additional supplies of some 3-5 m bpd. The reduction of Chinese import
demand amounted to some 5 m bpd.
Due to all the above measures the global supply of about 100 m bpd
only shrank to about 92-95 m bpd. Global demand, especially due to the
Chinese measures, dropped to a nearly equal balance. The amount that was
still missing in this rough calculation was drawn from reserves within
the distribution and transport levels.
After all measures were in place demand and supply were balanced
again and oil prices came down to a normal level of some $70+/bl.
When U.S. President Donald Trump decided to reignite the conflict he
might have thought that the oil problem he had feared had gone away. He was wrong.
Workers protested against threatened job cut outside Volkswagen’s plant in Zwickau, eastern Germany, Credit: Jens SCHLÃ TER / AFP Getty Images via Daily Telegraph
Volkswagen (VW), not long ago the word's biggest automobile maker, but now second to Toyota, in danger of being overhauled by Hyundai and with the spectre of China's Geeley and BYD looming ever larger in the rear view mirror, having failed to agree with unions a plan to cut 100,000 jobs, are now looking for ways to axe half of its two model range as part of a cost-cutting drive.
The German car giant, which has been battling a downturn in sales performance exacerbated by high energy and labour costs, supply line problems and punitive taxes imposed by the German government and the EU,, announced the measure after the board's last ditch effort failed to agree on job cuts of up to 100,000 roles in a crunch meeting with union representatives.
VW said that halving the number of models it sold would allow it to focus on its best-selling and most profitable vehicles.
It
did not say which brands would be affected or when the changes would be
made, but the move raises the prospect of dozens of popular models
being scrapped.
Volkswagen
and other EU car manufacturers are being hammered by competition from China where there are no net zero obstacles and exports are heavily subsidised. The EU's protectionist policy is supposed to cushion
intra-EU car manufacture from this only it can't due to the risks of a
trade war. So what is the point of the EU?
Some may claim this Volkswagen crisis is capitalism in action, and while that may be true to some extent in Germany, we must always be aware that the western European nations (and a lesser extent in the USA,) due to state and EU interventions and policies like the enforced switch to EVs, net zero and high taxation to support extravagant welfare systems, market forces are distorted. The
price of new cars have become prohibitively expensive mainly due to (in
the UK anyway) the anti car Government piling more and more taxes on
top plus the ludicrously expensive road fund tax (which doesn't go on
roads) on new cars.I think it is only buyers of Company cars and the
outrageous disability car purchase scam who can afford to buy a new car.
I
can afford to buy a new car, but why would I when it loses 30% of its
value once I take delivery? I’d rather pay 30% less. Most people don’t
buy cars anyway, they pay a monthly fee to use them, like mobile
phones, music, Sky, Netflix and the like
Short
of new sactions across the board on Chinese cars, VW are going to have
to eliminate most of their 'cheaper' cars, and hope that the expensive
ones maintain some market share. I guess this is essentially what this
new plan is.
Thank you Net Zero. The European car industry is finished, In 5 years time the Chinese will own VW, Stellantis, BMW, Renault and ... I can't think of any other European owned company except Mercedes but they will survive by retreating to the luxury market.
FROM THE ARCHIVE:
Has Putin Has Pushed Europe Into Economic Depression, Hyperrinflation and Currency Collapse? Though it was entirely predictable and indeed had been expected for some time, the news over the weekend that the Nord Stream 1 pipeline which feeds gas from Russia to northern Europe via The Baltic route had been shut down completely by The Kremlin in retaliation for the continued financial and military support given by NATO and EU member states to Ukraine in the conflict with Russia. The European Commission, governing body of the EU, immediately put the community on something close to a war footing, ... Continue reading >>>
Jingoistic Western Triumphalism Will Not End The War In Ukraine Or Cripple Putin, But It Is Crippling Western Nations As the war in Ukraine grinds on and Russia steps up its economic war against the west and in particular The European Union, claims made recently by the idiotically 'woke' leaders of Europe's main economic and military powers that the West has a once-in-a–generation chance to severely weaken Russia’s capabilities, both militarily and geopolitically, look increasingly hollow. Putin's critics have cited 'Western unity' as one of the main reasons why Russia will be economically destroyed and politically humiliated when the Ukraine's military finally claim victory.
European Union Is Again Close To A Meltdown As Eurozone Economy Collapses Once more we return to the political instability and economic fragility of the European Union as the conflict in Ukraine combined with loonytoons Climate Change mitigation policies, the failure of 'sustainables' to meet ever increasing demand for electricity, fod shortages and rampant price inflation put economic and social pressure on governments of member states ...
Debunked: The Great Renewable Green Delusion The war in Ukraine has not caused the global energy crisis of early 2022 byt merely exacerbated it. Currently the nations currently in conflict with Russia over its incursion into Ukraine are those which are most dependent for their energy needs on Russian oil and gas. And now their loonytoons 'net zero' green energy policies have failed they are biting the hand that feeds them.
Putin, Macron To Hold Urgent Talks To Halt Military Escalation In Ukraine Even though the leaders of Ukraine itself are talking down the threat of war with Russia over the breakaway region of Donbas, America and Britain are still beating the war drums and demonising Russian leader Vladimir Putin. Russia insists they have no plans to invade Ukraine and one western leader at least, France's Emmanuel Macron, seems to be listening to messages coming out of the East European trouble spot...
British Government Laundered Fake U.S. 'Intelligence' On Ukraine The British government on Saturday accused Russia of organizing a plot to install a pro-Moscow government in Ukraine, as the Kremlin masses troops near the Ukrainian border. The U.K. Foreign, Commonwealth and Development Office gave relatively little information about the intelligence unveiled Saturday other than to say that the Russian government was considering trying to make a Russia-leaning former member of Ukraine’s parliament, Yevhen Murayev, the country’s new leader. Continue reading >>>
Do We Have A Winter Of Civil Disobedience Ahead? As many people in Britain slap on the apres sun gloop in the wake of what passes for a heatwave in these cool cloudy climes, our inept politicians caught with their pants down by unusual weather as usual have heard that that winter is coming and are making plans for a coldwave.
We are in the grip of an energy crisis at the height of summer. Last week, it was reported that the UK government is laying down plans for a “reasonable worst-case scenario” including blackouts for industry and even households. And this is as energy prices spiral out of control to new records every day.
The UK
government is putting plans together for days of organised blackouts this winter, in what they call
a "reasonable worst-case scenario" for energy shortages, according to reports in manstream media. Naturally they are blaming this on the embargo on importing gas from Russia but in reality Britain has never imported any more than a small amout of its gas from Russia. The real reason politicians and energy company CEOs are panicking is entirely due to their obession with obtaining all our energy from intermittent sources like wind and sunshine ...
Is Russia Selling Its Oil To The World Through An Obscure Egyptian Port? As this blog predicted when NATO and EU member states shot themselves in the foot by reacting to Russia's invasion of Ukraine with sanctions that prevented Russia from selling oil, gas and vital raw materials to the countries that needed them most, the NATO and EU member states, the Russians have had no problems finding alternative customers for their gas and oil and no problem getting oil into the world's commodity markets through the back door.
"Our Country Is Facing The Biggest Crisis The Crisis We Ever Had": German Employers' Association Warns Over Russian Gas Cut With the Nord Stream 1 pipeline closed for maintenance, with the possibility that President Putin will not allow it to reopen at the end of the scheduled 10 days downtime in retaliation for the EU's continued support or Ukraine in their conflict with Russia, Germany is facing an unprecedented crisis that could erase the prosperity Germans have grown accustomed to, warned Rainer Dulger, head of the Confederation of German Employers’ Associations.
We The Good Guys Versus They The Bad Guys Reporting Does Not Make Sense For The Ukraine Crisis Mainstream media reporting of the conflict in Ukraine has disappointed. Perhaps I was naive to suppose that lessons might have been learned from the hits their print sales and online traffic rates took as a result of their handling the COVID pandemic But instead of focusing on the most obviously newsworthy aspect of the build up to and escalation of the war, Russia’s view of NATO expansion into Ukraine and even further to Georgia and Kazakhstan, news reports have simply demonised Russia and portrayed Ukraine as the good guys.
Boris and Biden Can't Blame Ukraine War For Energy Crisis With typical arrogance and condescension towards the people who elected them Boris Johnson, Joe Biden and their respectiive presstitutes are trying to spin the energy crisis Europe and North America are currently facing as somehow being linked to the conflict in Ukraine and therfore blame is being attactched to Russia and Vladimir Putin. Do they really think we are stupid enough to believe such unmitigated bollocks? ...
Even If The War In Ukraine Ends, Sanctions Will Stay - So How Bad Will The Food Crisis Get? Western leaders, desperate to show their own countries they were taking a firm stance on Russia's invasion of Ukraine, were quick to impose economic sanctions ... so quick in fact that they acted before they had though things through. While freezing Russia out of the global finance system they have exacerbated the wests energy crisis, while Russia's retaliatory ban on raw materials (fertiliser) exports will create extra problems on top of those we already had ...
Europe's Depleted Gas Storage Might Not Get Refilled Ahead Of Next Winter While mainstream news reporting of the conflict in Ukraine continues to pump out a torrent of anti - Russia, pro - war propaganda the catastropic effects of this war that could so easily have been avoided are not mentioned. Well why would warmongering governments admit they have inflicted an energy crisis, food shortages and soaring living costs on their people for no good reason ...
Spain’s solar boom is running into a
harsh reality: too much sunshine has created an energy glut, crashing
prices and spooking investors, writes Hans van Leeuwen in the Telegraph.The article lays bare
the insane voodoo-economics underlying all this Net Zero/Green energy
nonsense.
In Spain, solar panels make much more sense than in the northern latitudes of UK with our cloudy skies and loooooong winter nights. So much sense that they’re producing too much
energy, causing the price electricity companies pay producers to drop drastically. What happens then? Sell the excess energy
to someone else – the French, or us – lowering prices elsewhere?
Nope,
the grid and interconnectors can’t take the surplus energy, last year a sunny spell in summer overloaded transformers on the national distribution grid and knocked out electricity supply to homes and businesses over a large part of the country. Continue covering thousands of square miles of productive agricultural land with panels that produce electricity nobody wants and Store it? Nope: no-one
bothered to think about storage technology (or rather the lack of it).
Provide the energy to Ramon and Luz in the house down the road, at a
zero price? Nope, not allowed: because the whole push is wrapped in a
bonkers guaranteed-price straitjacket.
So, instead: switch off the solar plant. Yes switch them off because the gas and nuclear power stations must be kept running in order to level the loading on the grid when supplies from intermittent sources suddenly fluctuate. These fabulous solutions to pollution, supposedly providing cheap energy, have to be switched off to keep the price high. For years this blog has been saying Net Zero is a scam built on the Climate Catastrophe hoax.
It’s tempting to read this as “greedy investors gaming a badly thought out system, traducing good intentions”; that is certainly our
problem in Britain, particularly net zero crazy Scotland where energy producers are paid more for NOT producing electricity than they earn from current fed into the grid, and there may be some element of it in Spain.
But whether it’s the evil Capitalists putting up the
money, or government doing it directly (and the generation/transmission
complex is a textbook case of potential market failure), someone has to pay
for the construction and maintenance of these expensive, brand-new
solar plants and they are not cheap to build and maintain. Perhaps this prioritising theory over reality is why green power has failed so miserably.
It seems to me that a guaranteed future price is one of the most counter productive ways of raising the money. As your friendly local
free-market economist will tell you, it suppresses an important signal.
Some signal is getting through nevertheless, and investment in solar
in Spain is drying up. What’s wrong with that? Well, it’s only wrong
because Spain has to expand solar, according to Book of Net
Zero 1:1 – even if the market signals (and the underlying realities they
reflect) don’t make it worthwhile. Build more solar plants, and switch
them (and the existing ones) off more often.
The logic of the Net Zero lobby is totally insane.
Climate Scientists' Mathematical Models Of Reality Wrong Again…New Study Shows Jet Stream Strengthening, Not Weakening recent research by Samantha Hallam et al published in the journal Climate Dynamics looks at the seasonal variations over decades in Northern Hemisphere jet stream
latitude and speed over land for the period 1871–2011. The authors report that they found no evidence of weakening of the sort climate alarmists have been warning about for the past three decades.
UK Households Are Paying Wind Turbine Owners To Not Generate Electricity On another near windless day here in the United Kingdom, Boggart Blog came across a very interesting piece if news. According to figures published by the business and management consultancy LCP, british taxpayers have been paying operators of wind turbines farms for the time their windmills were NOT generating electricity increased to record levels last year ...
Net Zero Is A Dangerous Fantasy, But Scientists Believe In Fairies It Seems With oil and gas prices rocketing and the highly propted sustainable energy sources performing way befow expectations the energy crisis currently gripping Europe (with worse to come as food shortages start to bite, polticians still seem more intent on pandering to the green lobby and chasing the dream of a fossil fuel free world rather securing the energy and food supplies needed by the people they serve.
New UN Report on Climate Change – Nothing New, Nothing True The latest United Nations (“UN”) Intergovernmental Panel on Climate Change (“IPCC”) report, published this week, once again, in scaremongering tone and the language of the panic stricken, claims that the planet is in peril (we are facing climate disaster, the clock is at one minute to midnight, we must take urgent action to destroy civilisation if we are to save the planet, the usual over - dramatised guff designed to spread fear and panic,) basically the same claim as they have been making at least twice a month for the past 20 years.
We need energy security – not Net Zero Russia’s invasion of Ukraine has prompted a major rethink in the West. We have suddenly found ourselves vulnerable not just to rising prices in oil and gas, but also to inflation in other commodities – such as food and fertiliser. Of all these problems, the security of our energy supply has most exercised minds.
Net Zero Gone With The Wind - Boris Johnson Plans Seven New Nuclear Plants And Shelves Wind Expansion Reports in mainstream media suggest Boris Johnson has done a U turn on his recently announced massive expansion of wind powered generating capacity. Sources in Westminster claim Boris has shelved his masterplan for a giant, floating wind farm in The North Sea and the government will reconsider plans to double or even treble the number of wind turbines in the countryside and approve plans for up to seven new nuclear reactors instead.
Climate Change Research Paper Censored by The British Hydrological Society For Telling The Truth The Daily Sceptic today published an article by retired research scientist James Dent, whose specialist field was hydrology and meteorology. Mr. Dent was involved in research projects aiemd at understanding the factors influencing climate, and their effects on environments, [ ... ] he was the World Meteorology Organisation Chief Technical Advisor to the Flood Forecasting and Warning Centre in Bangladesh, a low lying nation especially prone to flooding ....
Freak Weather Around The World Begs Questions With Britain and other parts of northern Europe basking in unseasonably warm temperatures which are forecast to last for a few days, while parts of the USA gring to a halt under a blanket of snow dumped by freak storms are, accoring to climate scarmongers, a signal that irreversible warming had arrived, it is perhaps timely for a hot topic from ten years ago, geoengineering came under the microscope again. This report from Global Intel Hub seems a good way to kick off the debate. ... Continue reading >>>
The True Cost Of The Green Energy Boom Is Now Being Realized For four decades we have been fed a constant stream of propaganda assuring us that green energy was the only way forward if we wanted to secure supplies of the energy essential to a modern society while preventing the environmental catastrophes that would be the inevitable consequence of climate change caused by the Carbon Dioxide (CO2) emitted by human industrial, commercial and social activity. ... Continue reading >>>
Electricity cuts and power crisis predicted for Britain’s New Year Holiday
Shapps carefully omits to mention that the government’s only contingency plan for providing the power needed to meet peaks of demand (a sudden cold snap for example) is to spark up the thousands of diesel generators the earth loving politicians have concealed in goods containers on compounds sited around the country. Yes you read that right, diesel generators ...
Now Even ‘Hockey Stick’ Mann Admits The ‘Pause’ In Global Warming Is Real
“It has been claimed that the early-2000s global warming slowdown or hiatus, characterized by a reduced rate of global surface warming, has been overstated, lacks sound scientific basis, or is unsupported by observations. The evidence presented here contradicts these claims,” the paper in Nature Climate Change says.
German Scientist Confims Climate Change Ia A Politically Motivated Scam
Even as the inbred idiot Prince Charles was babbling to a hand picked audience about the skid marks in his underpants being caused by Climate Change, a somewhat more scientifically literate person, Dr. Friedrich Karl Ewert, a retired geologist and data computation expert, has confirmed what those of us dubbed 'climate deniers' have been telling you for years ...
It Looks As If Carbon Credits Scam Has INCREASED CO2 Emissions
As the climate change scare becomes more and more exposed for the money making fraud it always was, they green weirdie beardie, rope sandal wearing tree huggers get more hysterical and stupid in their arguments that we must all return to medieval lifestyles, the billionaires like Al Gore who hope to profit from it keep flogging the dead horse and the angrier and more vicious the left wing hate mobs become in their witch hunts.
The UK Maritime Trade Operations centre (UKMTO) reported late on Tuesday
afternoon that it had received imformation about a tanker being hit by an Iranian drone and sustaining "minor
structural damage" while passing through the Strait of Hormuz., the gas and oil transit
chokepoint at the entrance to the Persian Gulf.
The agency said no casualties or environmental impacted had been
reported so far and that the vessel was "continuing to its next port of
call".
Around 40 minutes earlier, UKMTO said another tanker was reportedly
struck by an "unidentified projectile" in the Strait, taking "structural
damage". Again no casualties have been reported, it added.
The agency is investigating the incidents and advised vessels in the area to proceed with caution.
Early on Tuesday morning, a third ship reported being hit in the region by an
"unknown projectile on the port side," causing a fire, per UKMTO.
According to the agency, the ship was sailing south out of the
Strait, close to Limah, Oman. Again, it said there were no recorded
casualties or impacts to the environment.
Iran's Fars News Agency claimed one of the ships struck in the
Strait is the Al-Ruqayat, which was targeted after allegedly
ignoring IRGC navy warnings while passing through the Strait's Omani
route. Tehran has said only its approved route through the Strait of HOrmuz is
safe. The elite Iranian IRGC resiment did not directly claim the assault, but The Wall Street Journal reported that Iran’s Islamic Revolutionary Guard Corps (IRGC) had fired at two commercial ships.
Majed Al Ansari, a spokesperson for Qatar's foreign ministry, has
condemned the attack on the Qatari tanker, calling it an "unacceptable
attack on the security & safety of international maritime
navigation".
Ansari added that the government of Qatar held Iran "fully legally responsible for this attack & for any resulting damages & consequences".
Iran had effectively closed off the Strait after the US launched
military action against Iran in February, sparking chaos in global
energy markets. Iran's latest violations of the fragile ceasefire come as the world waited for President Trump's response to attacks on commercial shipping at the end of last month. Many commentators opine that negotiations will collapse and full scale war will erupt again as Iran continues to weaponise the strait against The USA and Israel.
Brent crude oil rose 1.4pc to $73 a barrel following the strike,
which Iranian state television said happened after the liquefied natural
gas (LNG) tanker ignored warnings. Crude oil and Brent is still lower than when
the Iran war started and the Gas price before the Ukrainian War started.
Yet our petrol is 20p a litre higher and The Energy Cap is 30%
higher. We are being totally ripped off and shop prices continue to
rocket dur to the transport and energy costs. The cost of living
crisis is being ignored by the media but it's forcing millions into debt
or poverty.
Oil as a commodity is
INCREDIBLY cheap. Just look at a 25 year timeline and take inflation
into account. It is the stinking greedy Government that is milking us.
And UK's crazy 'Minister for Net Zero' Ed Miliband is hellbent on locking us into the highest electricity prices in the developed world.
FROM THE ARCHIVE:
Just How Close Are We To World War Three
Have you read or heard in your news supplier of choice of the recent massive troop movements in Israel, the massive build up of British, French and American warships around the approaches to the Persian gulf or just how badly the situations in Egypt and Libya have deteriorated since ...
Irony Overload: Iran Warns Obama Not To Cross Red Lines
the United States concluded an agreement with Iran which lifted US and International sanctions in return for Islamic Shi'ite Republic agreeing to limit their nuclear ability. At a high level, the US would lead the way in lifting oil and financial sanctions imposed due to Iran’s nuclear programs; in return Iran would reduce their stockpile of enriched uranium,
How Hillary Clinton Planned The Syrian Holocaust
We bring you evidence that the destruction of Syria was planned by the USA and Israel long before the US engineered 'spontaneous uprising'known as The Arab Spring ...
Another Obama Sponsored Genocide - not Alawi or Christians In Syria but Yazidi in Iraq.
While the west has been distracted by events in Gaza and Ukraine, and the neo - fascist 'left' have suddenly discovered the joys of anti Russianism and anti Semitism, the FUKUS axis sponsored genocidists of ISIS have discovered another inoffensive minority to exterminate now that the Syriac Christians have fled.
More Than ISIS, Iraq’s Sunni Insurgency
The story emerging in Iraq is of another American foreign policy fuck up, a total misreading of the situation by the world's most parochial global power. By December 2013, Sunni leaders had become tired of the jihadi group the Islamic State of Iraq and al-Sham (ISIS) actions in their areas and publicly supported the Iraq government’s military campaign against the group’s bases. Unfortunately the ISIS rebels were armed with US military technology and Obama was calling for the resignation of the government in Baghdad, prompting Russia and Iran to support them ...
Poison Gas Used In Syria Sparks Calls For Western Military Invasion
Claims circulating in Washington, London and Brussels that chemical weapons have been used in the Syrian conflict have prompted less conspiracy theories and more intelligent discussion that we might expect. Even so commentators in mainstream media have divided into two opposing camps – those who believe that President Obama's failure to ...
An Islamic cleric has pronounced a fatwa that permits US-backed FSA rebels to rape non-Sunni women in Syria as part of a "sexual jihad" that has so far involved girls as young as 14 being transported to remote areas of the country to service the needs of ...
A contingent of 750 French troops has joined the offensive against Islamist rebels in Mali, French president Francois Hollande said in Abu Dhabi on Tuesday after France secured fresh UN backing for its military action
Over 4000 Civilians Have Died In Forgotten War.
As attention has focused on Syria ans then on the efforts of the Obama administration, in its dying months, to avenge the defeat of the anointed successor Hillary Clinton and discredit the election victor and President - elect Donald Trump, and simultaneously demonize Russia and President Putin
I Would Do anything To Get Assad Out Of Syria Says Cameron
Syrian president Bashar Assad could be allowed a free pass to flee his country if it would end the bloodshed, David Cameron said today. The Prime Minister said he would do ‘anything to get that man [Assad] out of the country’ but refused to offer Assad a safe haven in Britain. Mr Cameron is on the second day of ...
If the conflict in Syria, currently showing signs of spreading to Turkey, Iraq and Kurdistan were to escalate into a regional war, a proxy for east and west to butt heads without sustaining too much domestic damage, is Egypt likely to take advantage of the distraction and
Traders in London's financial markets have staked their biggest bet against the pound in almost a decade, according to The Mail on Sunday.
In
a blow to Prime Minister-in-waiting Andy Burnham, speculators are piling into short positions in the expectation that sterling will fall
against the dollar and other currencies if Burnham's government moves to the
Left.
News of the £7billion wager against the
pound comes as Burnham, who is will replace Keir Starmer and enter
No.10 later this month, seeks to calm financial markets.
His major policy speech last week
promising to devolve more power to English regions caused barely a
ripple on the bond markets, though Government borrowing costs remain
high, but this news shows there is little confidence that he will prove to be more competent than Starmer.
Now,
in what amounts to a big thumbs-down on the prospect of a Burnham
premiership, speculators have raised their wagers on a weaker pound to
their highest level since the aftermath of Brexit almost ten years ago. All of which would lead to a reduction in tax revenues, more borrowing to fund the deficit, higher inflation and further weakening of the pound.
And the the UK Government would have no option other than to seek a bailout from the IMF as Labour governments of the 1960s and 70s did.
The incoming PM has pledged to retain fiscal rules designed to the curb excessive borrowing of the Starmer - Reeves financial policy and stick to Labour’s 2024 manifesto promise not to raise VAT, income tax or employee National Insurance. But the former Mayor of Greater Manchester has suggested other taxes could rise, while ruling out ‘crude cuts’ to the welfare bill.
Burnham has already expressed his opinion on 'the markets' and seems to believe he can ignore them and introduce whatever public spending policies he has in mind. The previous Labour government left a 'no money' note when it exited in 2010; the one before it had to apply to the IMF in 1976 for a fiscal bail-out. The common denominator then and now being that of SOCIALIST GOVERNMENTS running out of cash and credibility as they slide towards authoritarianism.
A financial or currency shock - as we saw with the Soros bet of a similar amount in the 1990s - during the handover of Starmer to Burnham could be politically exploited to reset the UK’s economic baseline. It would weaken confidence in the incoming Burnham government, justify tighter controls on the financial system which, so long as things go according to plan, then shifts public appetite toward more state intervention, and creates the opening for reforms like a CBDC that would have been harder to sell before.
It is the road to communism.
FROM THE ARCHIVE
The Truth Has Become An Enemy Of The State And Must Be Kept Hidden At All Costs Several industries have grown out of the need of globalist governments to keep the majority of the population in a state of fear in order that We The People will not rise up against the oppressive policies related to climate change, health tyranny, mass immigration, surveillance and censorship, technological dictatorship, and the suspension of our civil rights and liberties ...
Tractors Are Heading For Central London As UK Farmers Protest Scores of farm tractors from all over Britain were reported to be converging on Westminster as British farmers finally ran out of patience and pushed back against what they say is a lack of government support. Flying Union flags and displaying signs with slogan such as 'Save British farming' and 'No farming, no food, no future' they were gathering in London and plan to arrive in central London by early evening
The Theraputic Society Is Destroying Civilisation Many of the problems afflicting Britain and its neighbours appear to be related to what has been called The Theraputic Society, Nanny State and paternalistic liberalism. As government grows, corporate industry and private business is increasingly coming to resemble the public sector, ruled less by economic rationality than by an intrusive bureaucracy functioning increasingly like an HR department.
UK Gov. Fossil Fuels U Turn Means Its All Over For Net Zero The Announcement made by UK Prime Minister Rishi Sunak acknowledged at last that to keep the lights and heating on in our homes and the wheels of industry turning it will be necessary to start building new gas-fired power plants because the great science backed leap to transition energy productions to clean, green, pollution free, sustainable, renewable, blah blah blah sources has failed dismally.
Double Blow To Irish Woke Wonks - Voters Reject ‘Progressive’ Reforms to the Constitution By Big Majorities Simpering, limp wristed Irish Prime Minister Leo Varadkar whose government has faced protests because it is claimed they govern in the interests of the liberal elite and ignore the Irish people, suffered two blows to his ambition to turn Ireland into the wokest country in Europe last weekend. Varadkar admitted on Saturday that voters had delivered “two wallops” to the government, which, led by Leo himself, had pushed for a "Yes" vote on a pair of referendums.
Corbyn's Politically Correct Hypocrites Hate Sexism But Approve Of Muslim Sexism
On encountering my insense dislike of the Labour Party, people asume I am a Conservative. WRONG! I have never supported The Conservatives and have never voted either Conservative or Labour in my life. Politicians should never be trusted, I but what sets Labour politicians and activists above the rest in terms of being worthy of only contempt is the hypocrisy.
He's Not The Messiah, His Name Is Edymandias - Miliband's slab stunt goes down like a Lead Balloon
Only two days campaigning left before polls open for the 2015 general election. Who will winn? Opinion Poll show no conclusive trends. But inside information tells us the reason conservative Prime Minister David Cameron has a smile on his face as the campaigning draws to a close. Farage is radiant, clegg liooks chirpy, only Ed Milband is down in the dumps.
Were Rotherham Abuse Victimes sacrificed To Save The Labour Party
One of the victimes of Rotherham's grooming and child abuse gangs has put a political perspective on the scandal by claiming she and other victims were ignored, effectively sacrificed to the tender mercies of the gangs to ensure Labour did not lose votes in the town. The young girls were abused by Muslim men for years on end, but council did nothing to stop the crime.
Miliband Promises Same Old Shite - Not A Word About Action Against Paedophile Sex Gangs
Labour leader Ed Miliband's keynote speech at the Labour Party conference woyuld have to be the best speech of his life if he hoped to be Prime Minister after next years election, the consensus of opinon said. Ed's friends and opponents awaited the speech with very different hopes and expectations. in the end as Ed dodged the bg issues, the economy and debt, law and order, immigration and Europe, it was probably his enemies who were happier.
The Left's Rhetorical Technique Explained
In the first of what might become a long if irregular series of posts with the collective title, "Left Wing Authoritarianism for beginners," your friend and mentor Little Nicky Nicky Machiavelli will expose the origins of the socialist left's propaganda technique and its apparent dependence on slogans, dogma and mantras. But first let's play a little game ...
The Hate And Prejudice The Bourgois Left Find Acceptable
The neo - fascist left are quick to jump on any of the forbidden pejudices, racism, sexism, homophobia, islamophobia and so on. But as we have seen, they find pejudice and hated againt Christians and white Europeans quite acceptable. The bourgeois metropitan set might think that is acceptable but where I come from it's called hypocrisy.
Ve Haff Vay Of Making You Konform. The Tide Is Turning against the Autoritarian Left
The left's self confidence has had a hint of desperation about it for a long time. From their constant whines about the sexism, racism and homophobia of the working class who happen to be the party's core constituency to the substitution of smearing UKIP for policies in the european Election this is a party of arrested adolescents throwing a hissy fit because people are laughing at them.
Secret Justice Threatens The Right To A Fair Trial
A move to extend the government's power to order court proceedings to be held in secret and without a jury from only applying to trials affecting national security to anything the government would rather we did not know about threatens the most basic principles of British justice and the right to a fair trial.
These stupid laws insult the public and threaten free speech
When the law forbids us to insult or offend somebody, to insult or offend a religion, race, skin colour or sexual preference, free speech and other important democratic rights are under threat. When the law then goes on to say that anyone accused of these offences has no right to defend themselves and the word of the accuser is sufficient evidence on which to obtain a conviction then we have abandoned justice and are ruled by fascists.
Anti - immigration protesters in Torre Pacheco, southern Spain after several nights of civil unrest (Picture - Getty)
Spain’s migrant crisis appears to be set to worsen as the loony left socialist government, not looks to extend what is already the
biggest amnesty for illegal immigrants, fake asylum seekers and bogus refugees in European history, as an estimated 1.3 million people living in the country illegally have applied for legal status.
As we reported earlier in the year Spain's nutty, far left Prime Minister Pedro Sánchez previously announced an amnesty 500,00 illegal migrants, inviting them to apply for legal status under the nation’s regularisation
program.
The program, which ends this Tuesday, was expected to receive 500,000
applications but has received over 900,000, according to Spanish
authorities and has already triggered a huge public backlash and a wave of civil unrest.
According to Politico, the program will grant permanent residential
permits to illegal entrants who have lived in Spain for at least five months and with no
criminal record.
The amnesty program launched on April 16, with 360,00 migrants out of
the earlier estimate of 900,000 granted provisional residences by mid-June. Spain's sudden urge to become a sanctuary for all the arseholes, dickheads, wasters and professional welfare claimants in the world is in sharp contrast with the EU and most member states which are currently clamping down on illegal immigration.
However things are not going according to plan for Sanchez's campaign to destroy the Spanish nation and its culture. On June 24, Spain’s Supreme Court (Tribunal Supremo) issued an urgent
ruling, officially launching an injunction halting the process rending an inquiry into the program’s
legality. This move follows appeals from the regional governments in the provinces of Aragón and Valencia. The court’s primary concern is whether the Spanish
government’s unilateral “collective amnesty” model violates legal frameworks like the EU’s 2024 Pact on Migration and
Asylum.
The court further outlined several specific risks. Firstly, the decree, which was forced into law when Sanchez bypassed the national legislature, could grant legal residence to individuals already undergoing
deportation or return procedures, challenging the existing and legally enacted immigration enforcement rukes. Secondly, a large-scale, uncoordinated
regularization of immigrants would have unpredictable chain reactions on
the free movement of people within the Schengen Area. The judges
explained that while the entry of irregular immigrants is not a direct
security threat, their movement within EU territory “affects all member
states” and must therefore be managed under a unified legal framework
and with member state collaboration.
December 2019: Virtue Signalling Swedish Government Planned To Destroy National Economy Within A Decade Swedish Social Democrat government, supported by the Centre Party and the Liberals, have revealed a plan that will be the Christmas delight of left wing bansturbators everywhere. They plan to outlaw the sale new cars with internal combustion engines in the next ten years. The ignorant lefties refer of course to vehicles that are powered … Continue reading
Swedish Government Review Of White Genocide (Immigration) Policy Concludes That Swedes Don’t Actually Exist ...
... so its OK to give the country to a bunch of foreign terrorists whose medieval culture inclues stoning, raping and beheading women who are not servile enough, making a living from drug dealing, extortion, pimping, poncing and mugging.If you are Christian, Jewish, Hindu, Buddhist, atheist or pagan, there is no future for you in Sweden because the elite are fobidding the prosecution of Muslims for crimes that are not outlawed in Sharia law.
Swedish Immigrant Street Wars Spread: Stockholm Grenade Attack Follows Kurd-Turk Migrant Clashes
Violence between migrant gangs of different ethnicities vying for territorial rights to run organised crime has become the norm in Malmo, southern Sweden. Now it appears that as a consequence of the Swedish loony left government’s insane policy of flooding the country with third world migrants without
Convert Or Be Beheaded’ – Chilling Message Posted Through Doors Across Sweden
The notes, which are signed “ISIS”, say that any non-believers will be decapitated unless they convert or pay a “jizya” (religious tax). They have been posted through letterboxes in several cities including the capital Stockholm. They carry the Islamic State banner and claim the police “will not save you from being murdered”.
Swedish Immigrant Street Wars Spread: Stockholm Grenade Attack Follows Kurd-Turk Migrant Clashes
Violence between migrant gangs of different ethnicities vying for territorial rights to run organised crime has become the norm in Malmo, southern Sweden. Now it appears that as a consequence of the Swedish loony left government’s insane policy of flooding the country with third world migrants without
Sweden's Migrant Crackdown Could Spell The End Of Open Borders Across Europe
As we have reported many times over the past year, Sweden has been more hard hit by the crimes and lawlessness of illegal immigrants from primitive third world societies than anywhere else in Europe. Even the Sweden hating socialists cannot ignore the epidemic of rape crimes, assaults and the general contempt for Swedish society, law, culture and traditions that illegal immigrants from Africa and the middle east have expressed through their actions.
Worlds Biggest Luxury Liner To Be An Immigtant Hostel?
Ocean Gala, a luxury cruise liner which when launched was the world’s largest passenger ship will be converted into a concentration camp floating hostel to house Sweden’s third world migrants. The only thing that may derail the deal with US Shipmanagers for floating migrant accommodation, would be failure to find a berth in any of Sweden’s large deep water harbours. Sweden’s open doors immigration policy has led to ... (immigration)
Germany Running Out Of Money, Debt Levels Exploding - The Price Of War, Open Borders And Net Zero? An urgent warning about the state of Germany's finances has been given by Finance Minister Christian Lindner. Lindner has bluntly told the government that state borrowing are growing out of hand, and the government urgently needs to reduce spending. The other coalition members, the Social Democrats, and The Greens are both spendthrift lefties so dispute over spending is only expected to escalate
Another EU Member State's Globalist Government Collapses We have recently been happy to report the victory of Georgia Meloni's Brothers of Italy, the defeat of Sweden's Social Democrat led coalition by a centreist group which includes the Eurosceptic Sweden Democrats, the resurgence of Germany's AfD and France's Rassemblement National. But somehow The Netherlands seemed immune to this trend. In spite of threats of a political upheaval, Prime Minister Mark Rutte somehow managed to stay in power election after election.
France's Week Of Riots Signal Failure Of Virtue Signalling Immigration Policies The mass riots that rocked French society over the past week put the spotlight on the disaster of liberal mass immigration policies in the European democracies and the total failure by Western societies to assimilate the new arrivals welcomed through years of mass immigration, into the culture, traditions and laws of the host nation, Hungarian Foreign Minister Péter Szijjártó has claimed.
New Figures Show Brexit Has Failed To Take Back Control Of Immigration Just over six years ago the nation's attention was focused on immigration, and particularly the 'Brexit' campaign's promise to 'Take Back Control' of our borders. Today the immigration issue is as predominant in many people's minds as news this morning revealed record numbers of migrants entered the country last year, while yesterday a record number of people were trying to make the hazardous crossing from France in small boats to enter the country illegally.
Germans Cheer As Refugee Center Burns
After a remarkable degree of restraint and tolerance was demonstrated by residents of EU cities where the refugees are being dumped in hostels, fed, clothed and given spending money, all funded by European taxes, the attacks that left 130 people dead in Paris in November and the string of sexual assaults that swept Cologne, Germany on New Year’s Eve have been the straw that has broken the camels back.
Ignorance Is Strength: European Parliament Read to clamp Down On Free Speech
The EU is blatantly pro American, supportive of moves towards global government and opposed to democracy, except for the kind of democratic assembly that merely rubber stamps bureaucrats' decisions. Moreover, the EU has well documented designs towards extending 'Europe' into the middle east and north Africa, which makes an insane kind of sense of Hausfrau - Volksfuhrer Merkel's determination to flood Europe with illegal immigrants from those regions.
Fear and Panic: EU Defence Budgets Boom Amid ‘Russian Threat’ Paranoia Sssssh. Do you hear that? The sound of two horses, their firey hooves drumming on the ground, eyes glowing like embers as at full gallop they draw the chariot of Mars, the war god. Their names are Phobos and Deimos, Fear and Panic. Paranoia over a supposed “Russian threat†and the fear of terrorism following the Paris attacks are causing panic among NATO and EU nations, causing governments to vastly increase their defense budgets:
Merkel Isolated As Europe Splits Over Refugee Crisis
With the UK Prime Minister David Cameron still desperately trying to convince his 'revised terms' of British membership of the EU are a really good deal, when in fact they will change nothing, our attention should shift to developments elsewhere in Europe.
The toxic dwarf in Kiev is obviously throwing a hissy fit at the way he has been sidelined in world news coverage by what is going on in Iran and around the Strait of Hormuz, in Israel and Lebanon and by the farce that is UK politics these days. obviously bored with performing Prokoviev;s Prelude with his piano playing penis, Zelensky is quite obviously trying to escalate Ukraine's war with Russia again, the Ukrainian leader having publicly announced he is seeking to "bring the war" to Russian soil, amid
nightly drone attacks which have come in the hundreds and even thousands
of late.
President Volodymyr Zelensky is seeking to seize on the
momentum of repeat drone hits on Russian refinery and energy
infrastructure - a reality Russia has suffered over many months, leading
to a current fuel crisis
spanning dozens of cities and regions, and especially Crimea, which has
temporarily halted fuel sales to common citizens altogether this week.
Ukrainian media is touting a new Zelensky plan to ramp up the pressure on Russia over the next 40 days, aimed at "pressuring Russia to end its war".
The ever more delusional Zelensky has ordered Ukraine's State Security Service (SBU) to launch a new
40-day operation, which also includes "plan for long-range sanctions,
medium-range sanctions, and the results achieved by the SBU," the said on X. He's further calling it an "influence operation."
"For
several months in a row, the SBU has demonstrated the highest
performance in defending Ukraine’s positions on the front lines through
the use of various types of drones," Zelensky said on Thursday evening.
According to more of the statement:
I approved a 40-day influence operation for the Service against the aggressor state aimed at compelling it to end the war.
Importantly,
for several months in a row, the SSU has demonstrated the highest
performance in defending Ukraine’s positions on the front lines through
the use of various types of drones. The Center of Special Operations
“Alpha” leads in terms of the occupier’s personnel and equipment
neutralized.
Earlier, in mid-June, Ukrainian Defence Minister Mykhailo Fedorov proclaimed "Hell is beginning," for Russia and its military. "Logistics are being cut off. Crimea is being isolated," he said at the time.
All this is pure propaganda, Ukraine's drones are not capable of delivering significant payloads of explosive, the pall of smoke we see over Russian cities on TV news are just that - smoke, visual effects. The drones are little more than petrol bombs, they hit, there is a shortlived burst of flame, a disproportaonatly large amount of thick, greasy black smoke and some scorched concrete and blistered paint.
The exception to this is this is Ukraine's success in hitting oil refineries and depots. Any kind of incendiary device, even a lighted match, is a danger in such sites where spillages and leaks are invevitable.
Ukraine's
asymmetric warfare against Russia's much-larger and better armed
military machine is certainly having an effect. Russian forces still have the upper-hand on the
front line in the east, but the pain clearly being inflicted on Russia's
economy can't be ignored at this point. And the question is how much longer will Russia continue to ignore it before the Kremlin's patience finally runs out ad they launch a response that will finally draw NATO into direct involvement?
All these Ukie attacks into Russia are attempts to get Putin to
escalate. There is a big difference between how Ukraine is hitting
Russia and how Russia hits Ukraine with long range strikes. Russia is
hitting Ukraine with glide bombs, Iskander missiles and TOS fuel air
missiles among other things. These weapons can take out city blocks and
reinforced bunkers. Ukrainian drones don't have the destructive power of
a ton of missile warhead dropped from the edge of space or a 2000 lb
bomb. Ukrainians make their strikes look good for the media by adding
kerosene to a 10 lb warhead. makes lots of smoke and fire but doesn't do
a hell of a lot of damage.
Ukrainians would love nothing better than involving Russia in a war with NATO and making the Russians have to defend across Europe and the arctic against
an alliance with 10X the population. That would certainly take the
pressure off Ukraine.
Putin ain't stupid. He's keeping his focus on his objective
And for Zelensky, World War Three is back on the agenda.
EU Technocrats Plan To Shut Down European Agricultural Industry European farmers will gather in Brussels on Tuesday to demand guarantees from the EU Commission that changes to policy will be made to ensure the European agricultural sector remains viable. They will also demand a relaxation of the regulatory regime, and for Brussels to abandon free trade agreements with countries outside the EU, which are now being used to bring cheap into European markets
Tractors Are Heading For Central London As UK Farmers Protest Scores of farm tractors from all over Britain were reported to be converging on Westminster as British farmers finally ran out of patience and pushed back against what they say is a lack of government support. Flying Union flags and displaying signs with slogan such as 'Save British farming' and 'No farming, no food, no future' they were gathering in London and plan to arrive in central London by early evening
Germany Running Out Of Money, Debt Levels Exploding - The Price Of War, Open Borders And Net Zero? An urgent warning about the state of Germany's finances has been given by Finance Minister Christian Lindner. Lindner has bluntly told the government that state borrowing are growing out of hand, and the government urgently needs to reduce spending. The other coalition members, the Social Democrats, and The Greens are both spendthrift lefties so dispute over spending is only expected to escalate
Dutch Election Betrayed As Geert Wilders As EU Brokered Opposition Party Blocks Efforts To Form A Ruling Coalition Geert Wilders, leader of the victorious Freedom Party in last November's Dutch General Election has been forced to give up his efforts to form a coalition that could command a majority in the Netherlands' state assembly and now accepts he will not be the next prime minister of the Netherlands after talks based on him leading the next government were unsuccessful.
"Like A Warzone": Farmers Surround EU Headquarters Building Despite attempts by the EU Commission and European governments to buy time in their efforts to defuse the incendiary farmers rebellion which has spread all over western Europe, the protests are escalating again as anger in the agricultural sector flares up because the farmers feel politicians and bureaucrats are stalling the implementation of certain pledges on tax relief and easing of net zero restrictions.
Angry French farmers storm Paris agricultural show before president due to visit Protestin French fearmer clashed with police and called for president to resign amid chaotic scenes as exhibitors and visitors at the Paris Agricultural Show anticipated the arrival of President Macon on Friday (23 February). Although the recent major protests by people involved in agriculture has died down in the past two weeks the farmers anger at the policies of Macton's globalist government and the EU commisssion is still simmering just below its flashpoint.
Farmers Blockades, Now In Second Week, Continue To Paralyze Spain For the past13 days Spanish farmers have blocked major roads, city centres and ports, dumping imports of cheap Moroccan vegetables and cereals on the roads and marching alongside slow moving stractors tractors into the centers of large cities. Protesting farmers took over the port city of Santander last the weekend, bringing commercial activity to a stanstill. .
Farmers Protest Movement Arrives In UK
Slow Moving Tractors Snarl Up Dover Traffic As UK Farmers Protest As Boggart Blog and other alt_news community reported the farmers protest movement across Europe we were asked why British farmers are not protesting when they are equally hard hit by loonytoons net zero policies, high taxes and increased energy costs and constant political pressure to let good land return to a wild state lest cow farts and nitrogen emissions from fertiliser. We had to admit we did not know what was holding our lads back.
They Think Its All Over - But We Have Doubts.Victory For The Farmers As EU Drops Net Zero Targets For Agriculture After Farmers’ Protests The European Union has backed down on Net Zero targets for agriculture, including drastic cuts in fertiliser and pesticide use and a recommendation that people eat less meat, following widespread protests from farmers. The Telegraph has moreA demand to reduce nitrogen, methane and other emissions linked to farming by almost a third has been removed from a wider Brussels plan to cut greenhouse gas emissions by 90% by 2040.
Spanish Farmers Step Up Protests In Line With France, Germany And Netherlands Farmers in Spain have joined their counterparts in France, Germany and many other EU member states as the stepped up their protests across the country against EU green and globalist policies which are driving up costs and restricting productivity for European farmers while making importation of foods and agricultural products from non - EU countries easier.
Farmers Rebellion Blockade Germany’s Biggest Airport While the farmers' protests in France have entered a quieter phase after the government of Emmanuel Macron caved in to some of the agricultural workers most significant demands with a caveat from the French Farmers Union that they were ready to do it all again if the government did not deliver on its promises, in Germany things seemed to be getting even more heated over the weekend.
Chaos Erupts In Brussels As Rubber Bullets Fired At Farmers Protesting Outside EU Parliament Belgian police used Rubber bullets and water cannons against hundreds of farmers who had travelled from around western Europe to protest outside the EU Headquarters in the city on Thursday. The farmers threw eggs, set off fireworks, and set fire to staw bales and rubbish fires near the building while demanding that European leaders stop punishing them with more taxes, rising costs and the loonytoons 'green' policies imposed to push the continent towards the ruling bureaucrats impossible and irrational 'net zero' targets
Vive la Commune? The French Are Revolting again As the well organised Farmers prepared to put into action their plan to besiege Paris and cut off supply routes delivering food to the city of approx 9 million people, the government revealed that it was in panic mode by calling in the military even at this early stage.
European Union Is Again Close To A Meltdown As Eurozone Economy Collapses Once more we return to the political instability and economic fragility of the European Union as the conflict in Ukraine combined with loonytoons Climate Change mitigation policies, the failure of 'sustainables' to meet ever increasing demand for electricity, fod shortages and rampant price inflation put economic and social pressure on governments of member states ...
Italy Pondering Total Ban On Unvaccinated In The WorkplacesItaly's unelected governments, which has already faced riots and massive resistance to its authoritarian measures to strip away citizens rights and liberties under cover of pretending their actions are necessary steps to deal with the pandemic, now risks plunging the country into greater chaos by mandating vaccines for the workplace.
Thousands Protest In Germany Ahead Of COVID Measures Set To Go Into Effect Tuesday Thousands of people took to the streets of Germany on Monday in protest over COVID-19 restrictions that are set to go into effect on Tuesday.The demonstrations were biggest in Mecklenburg, northern Germany, where roughly 15,000 demonstrators took to the streets to protest against tighter measures, according to local reports. In Rostock, a city along the Warnow River on the north coast of the country, roughly 6,500 people demonstrated, while in Schwerin there were roughly 2,700 and in Neubrandenburg, around 2,400 joined a demonstration.
Continue reading >>>
The Absurdity Of Vaccine Passports, Lockdowns and Segregating The UnvaxxedAfter reintroducing lockdowns from the beginning of this week in its two regions with the highest rates of COVID cases, Austria today became the first country in western Europe to reimpose a full, national lockdown which will start on Monday, November 22. The Austrial government is likely to be quickly joined by neighboring Germany, a statement from Berlin warned [...] Some commentators in Austrian capital Vienna were cynical enough to ask if the whole point of this latest escalation is justify more restrictions Continue reading >>>
EU Dictatorship: German MEP says process of choosing Juncker successor a hoax as European elections near The process of selecting the person who will succeed Jean-Cluade Juncker as European Commission President is a deeply flawed “hoax” dreamed up by “Eurofanatics” who want to create a United States of Europe, a German MEP said today. Hans-Olaf Henkel made his remarks as the prospective candidates – known as Spitzenkandidaten, in Germany, jockeyed for position.
With the EU elections due in May this year expected to deliver another body blow to the dream of a Federal European superstate, Europe's more conservative nationalist parties have today announced an alliance that is aiming to become the strongest group in the European Parliament, with a view to forcing to radical reform on the EU bureaucracy in Brussels, which dictates policy on security, migration, family and the environment, according to Euro News.
Harold MacMillan’s EU warning revealed
Harold MacMillan, British Prime Minister from 1957 to 1963 gave us a chilling warning about the EEC – (European Economic Community) – before Britain joined the bloc, claiming that Germany had planned on using the trading bloc, as an instrument to assert its supremacy across the continent once more. On Wednesday, 3 April, 2019 The House of Commons voted in favour of legislation which forces the Government to request another extension for 'Brexit', giving our current Prime Minister Theresa May more time to show us the comtempt the ruling elite have for the principles of democracy.
Merkel: EU Members Must Cede control Of Their Border To Brussels
German Chanellor Angela Merkel sparked outrage today and pushed the EU cloers to its final disintegration when she stated that EU Member states would be forced to surrender on of their most important sovereign powers, control of their borders, to Brussels in order that the unelected bureaucrats of the European commission could 'manage' immigration (i.e. open the border crossings and let any criminally inclined bunch of fanatics enter Europe.
We predicted last year when the socialist leader Pedto Sancjez usurped the Spanish government after the collapse of the minority government led by Mariano Rajoy collapsed, could not last. In a widely expected but destabilizing development, Spanish conservatives and pro-independence Catalonians voted to back a slate of amendments to a government budget on Wednesday by a wide margin of 191 votes out of 350,
EU Stitch Up To Promote Euronazi Selmayr’s Is Typical Of The EU's Contempt For Democracy #
The former Prime Minister of little Luxembourg Jean-Claude Juncker to ensure his chief of staff was installed as the new Secretary-General of the European Commission, in what one senior Eurocrat has called “an impeccably prepared and audacious power-grab” at the top of the European Union.
Burnham has already expressed his opinion on 'the markets' and seems to believe he can ignore them and introduce whatever public spending policies he has in mind. The previous Labour government left a 'no money' note when it exited in 2010; the one before it had to apply to the IMF in 1976 for a fiscal bail-out. The common denominator then and now being that of SOCIALIST GOVERNMENTS running out of cash and credibility as they slide towards authoritarianism.
A financial or currency shock - as we saw with the Soros bet of a similar amount in the 1990s - during the handover of Starmer to Burnham could be politically exploited to reset the UK’s economic baseline. It would weaken confidence in the incoming Burnham government, justify tighter controls on the financial system which, so long as things go according to plan, then shifts public appetite toward more state intervention, and creates the opening for reforms like a CBDC that would have been harder to sell before.
It is the road to communism.
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