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  1. The Climate Change Threat in a Small Nutshell (2)

    One very important, if only very infrequently enunciated, reason for the failure of many to take the threat of climate change seriously, is the assumption that when things really start to get nasty, we'll be able to do something about it.

    We'll ramp up our efforts in several fields simultaneously--alternative energy sources, emissions-free transportation solutions, land-use initiatives. Often comparisons to the effort made by the US in WWII are invoked. We'll get our scientists and engineers working overtime. Maybe we'll finally crack that fusion nut.

    In any case, somehow, it is hoped, we'll muddle through. As George Monbiot puts it, "...I have somehow also entertained a chiliastic belief in salvation [from climate change]. At the back of my mind, at the back, ...
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  2. Buying a war: What is the bloody sense?

    [QUOTE=coalition;501008][FONT=serif][COLOR=#000000]Getting involved with the disease which is America...is a bloody disaster. Broke and technically bankrupt, only imaginative accountancy keeps them from receiving a visit from the Bailiffs. Invade a country with commodity assets, destroy its infrastructure, impose a friendly crooked interim government, borrow $Billions from the World Bank and the IMF, keep most of it, and pay-off local puppets.Why are we involved with this political s*it...because we, like Vultures, pick at the leavings, Blairs pay off, is as a ME adviser, to the puppets the US imposes on the victims.

    Droopy Cameron is an ultra right wingnut, hand in hand with the GOP/TP Demented, this is the 'caring pig' who, to kiss mad Howards ar*e, actually reduced Prisoners ...
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  3. Federal reserve plant on mpc...says ons is not a reliable source for statistics

    [QUOTE=coalition;500421][B]Alec dismantles controversial taskforce after big firms cut ties[/B]

    [COLOR=#666666][B][FONT=arial]Rightwing lobby group forced to make strategtic retreat from social and electoral issues in wake of Trayvon Martin shooting:[/FONT]
    [/B][LEFT][COLOR=#000000][FONT=helvetica]
    The British Chancellor, like his peers in Europe, refuses to acknowledge this reality. Instead he is trapped by an ideological aversion to the role of government, and by a misplaced understanding of the role of public finance in the economy. Despite the fact that government has access to unlimited finance via the Bank of England, the Chancellor pretends that he is constrained by private financial markets. And instead of exercising economic leadership by spurring on the public ...
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  4. Federal reserve plant on mpc...says ons is not a reliable source for statistics

    [QUOTE=coalition;498953]Adam Posen, who also sideswiped at Pres. Obama's economic monetary polices, so we note that he is a GOP/TP Demented, inmate: stated numerous times today, that the ONS are up the creek, when it comes to the quality of Official Data. Does this place in question all those who frequently post the ONS stats. to evidence their fallacious arguments, in many cases, perhaps, I should say sermons on the Mount. It cannot get any worse as they, the BOE, claim that " MPC has little faith in figures from the ONS, particularly on Growth.
    Anyway, don't despair, one is not quite stupid enough not to grasp the fact that Brideshead and his Yankee cronies, which includes the now totally discredited ALEC Nazi organisation, are being stymied in their lying attempts tp paint a ...
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  5. No money invested in Businesses....yet, they get taxpayer handouts from the Taxpayers.

    [QUOTE=coalition;496891]The financial insanity is evident, in the clammy Tory hands of Droopy Cameo, bowing down to the clamour from the Tax Dodgers, against the loss of one minor ruse they use to not pay for the pleasure of living off the people of this country. We have already been led like Pigs to the slaughter house, into the belief that handing out copious quantities of taxpayers money to the Richest people on this Earth, is a very necessary thing.
    A teeny amount of common sense, would have helped us to grasp the stupidity of this false ideal, even basic nature shows us that, when we have Cuckoos in the nest...our own offspring have to die in order to feed them.

    [LEFT][COLOR=#000000][FONT=georgia]“In a way, the United States is becoming like Old Europe, which is very ...
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  6. No money invested in Businesses....yet, they get taxpayer handouts from the Taxpayers.

    [QUOTE=coalition;494767][LEFT][COLOR=#000000][FONT=arial]I guess that the Icelandic President and I, have been on the same Journey..will this be the beginning of a new and stupid, Tory.... COD-OLOGY WAR.

    As everybody knows now, we did not pump public money into the failed banks. We treated them like private companies that went bankrupt, and we let them fail. Some people say we did it because we didn’t have any other option, there is clearly something in that argument, but it does not change the fact that it turned out to be a wise move or whatever reason. Whereas in many other countries, the prevailing orthodoxy is you pump public money into banks and you make taxpayers responsible for the banks in the long run, and somehow treat the banks as if they are holier institutions in ...
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  7. The granny tax con.

    Quote Originally Posted by Expounder View Post
    Quote Originally Posted by Midas View Post
    I haven't got much time to reply at the moment, but the pension itself isn't being taxed at all, it's just the higher personal allowance that's being frozen. Whilst I agree this will affect many pensioners, something that I'm quite in agreement does need looking into, it won't affect the poorest. For the 2012/13 tax year, the basic state pension is £107.45 a week, rising to an amount of £142.70 a week for those with no other income who qualify for a pension credit 'top up' - I might be open to correction on the latter figure.
    Rising to?........................over what period? One year/ two years/ five years? Every year that passes inflation eats into every income, especially fixed incomes. Which year does the government aim to reach your figures? It still sounds like smoke
    ...
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  8. The granny tax con.

    Quote Originally Posted by Expounder View Post
    What's the point of Osborne introducing a tax on the basic pension before any other income [small or large] is taken into account? It's already included and added to other income for tax purposes so it's in effect already taxed but the percentage taken is lower.

    He might as well reduce the basic pension by 20% and be done with which is in fact what he is doing by a stand alone tax on the basic pension. This is another way to punish pensioners who are living from hand to mouth while quoting that the pre WW2 pensioners and Baby Boomer's are too well off. Some pensioners may be able to absorb this increased hit but others who are living on nothing but their state pension will find it harder to survive but..............Hey Ho.........who cares, they're just casualties of the
    ...
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  9. The Climate Change Threat in a Small Nutshell (1)

    There are only a few things one need understand in order to grasp the magnitude of this threat.

    The first of these is the following.

    Every human system extant--our economic and political systems, our systems for food production, for water purification and distribution, for energy generation and delivery, for transportation, communication, and all else...all rest on underlying natural systems.

    "Rest on" implies a direct dependence relationship. All of our human systems depend on ecosystems, hydrological systems, physical and chemical and biological processes.

    And nearly all of those natural systems (basically, everything except sunlight and the diurnal pattern...and in extreme cases, even the latter) depend on climate.
    ...
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  10. Pushing for a new politico-economic vision

    In my previous blog I have written about the need for a new economic vision at the global level. It is not just economic but a politico-economic vision, since any new policy decision has to be finally political.

    I believe that if most people in the world, if given a chance, would opt for an economic system that is humane and gives priority to wellness rather than material prosperity. In other words they would opt for Gross National Wellness rather than Gross Domestic Product (as explained in my previous blog).

    For a government to adopt GNW as the chief index to monitor and modify policy decisions, the government itself should consist of people's representatives who are in constant touch with the needs of the people and who have the selfless attitude to put people's ...
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    General Politics
  11. I'm a single-issue voter now

    Never would've thought I'd consider just one issue to the exclusion of all others. Single-issue voters always struck me as...obsessive. To put it charitably.

    However. In the past 15 months or so (as of March 2012), I have read 35-40 monographs on climate change. And I have come to think the following statement is entirely reasonable:

    It is possible, and even probable, that climate change will bring an end to human civilization by the end of this century.

    I will, by and by, explain why I believe this to be true. IAC anyone who accepts the above statement as plausible must ipso facto base her political decisions on the putative consequences for the climate. Because there is no more pressing issue.

    Not even nuclear war constitutes a threat ...
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  12. Greek Financial Farce: proves Bankers word is like Bankers paper...Worthless

    [QUOTE=coalition;465484][LEFT][COLOR=#000000][FONT=Georgia]CDS are over-the-counter instruments governed by contracts signed by parties involved, they constitute what could be called a private market. Thus, while it may appear ridiculous to some that what is clearly a default isn’t being considered one, it is in the ISDA’s full right to do that. As an ISDA spokesman told me, if you don’t like it, don’t buy CDS.[/FONT][/COLOR][COLOR=#000000][FONT=Georgia]

    Credit events, or defaults, are determined by a 15-person committee upon receipt of a question regarding a specific contract, in this case, relating to two different series of Greek sovereign bonds. It’s important to note that the committee is made up by major [/FONT][/COLOR][/LEFT]
    [URL="http://www.forbes.com/wall-street/"]Wall ...
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  13. China and Russia, save Syria from carpetbaggers

    [B]I will say that that was a good days work for Syria, China and Russia have saved the Syrian people from being swindled, like Iraq, of $Trillions by this scavenging horde of American, British, French and Germans.

    UN Resolutions, no matter the wording, are, as in Iraq and Libya, interpreted to the financial advantage of the putative saviours. Hilarious Hilary and her gang, may whinge as much as they like.....but, the people of the US do not want another War, no matter how profitable it will be for some.[/B]

    [B]China and Russia know this, and will stop these refinancing wars.[/B]
    [B]
    How could this s**t, UN, US and UK, care for Syria, when they are destroying their own people, for their own gain, without a smidgen of concern, in fact it is the opposite, ...
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  14. Drop The Dead Tory DoG: Veto TWO.

    [QUOTE=coalition;432177]Droopy, likens Millipeed to Wallace and Grommet:[URL="http://www.youtube.com/watch?v=yy14xHBO98c"]

    http://www.youtube.com/watch?v=yy14xHBO98c[/URL]

    [URL]http://www.youtube.com/watch?v=tSWf_yIV-d4&feature=related[/URL]

    Droopy is happy.......he has an audience in UK, The retarded, the Deaf, dumb and Blind, the City swindlers, The Glib/Dumbs and the Tory wannabes. Although a laughing stock at the G20 and, detested by every other member of the EU, he Rah Rah's the country, to total financial oblivion.[/QUOTE]
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  15. I have said it before and say it again, only losers dawdle.

    [QUOTE=coalition;418646]The IMF wants a $ Trillion to 'save the Economy:

    [LEFT][COLOR=#000000][FONT=Lucida Grande]Do they actually understand economics, across the Road from them is the FED, handing out $ confetti to their crooked little Banksters, which you with many other millions of poor souls will have to starve to pay for.
    A Trillion is about enough to stave of the inevitable, for a few months, on all Economic Charts that is just about when the bubble blows, and Default is in progress. It is no longer if, just when. The wealthy investors are ordering governments to insure they are repaid before the great event...otherwise?
    To do this they must have taxpayers' money, nobody else would be stupid enough, and as governments (politicians) are busy looking after their ...
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  16. I have said it before and say it again, only losers dawdle.

    [B][I]I have said it before and I say it again and, amazingly, my screams at you are supported by Matthew Lynn, a leading Chief Economist: well bugger me, I thought the whole clan were just lying bullshi**ers, well one Sparrow............[/I][/B]
    [B][I]
    We have no reason to be proud, the longer you wait the more you lose, as the Dictatorship, take your money to give to the rich. I also said this before, it will all go pear shaped and, there is never a good time but, why should you give all you have to the Rich, before it does go. And go it will...........[/I][/B]

    READ THE ARTICLE:

    That revolt is going to grow and grow as 2012 progresses. Political leaders are going to fight back against the austerity the financial markets demand.
    In Greece, it is ...
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  17. False economies.

    [QUOTE=coalition;418226][SIZE=+1]How to save the EURO, and get rid of the US Derivative Albatross around the neck of the World.

    The effect of an OPEC switch to the euro would be that oil-consuming nations would have to flush dollars out of their (central bank) reserve funds and replace these with euros. The dollar would crash anywhere from 20-40% in value and the consequences would be those one could expect from any currency collapse and massive inflation (think Argentina currency crisis, for example). You'd have foreign funds stream out of the U.S. stock markets and dollar denominated assets, there'd surely be a run on the banks much like the 1930s, the current account deficit would become unserviceable, the budget deficit would go into default, and so on. Your basic 3rd world ...
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  18. What happened when the working class looked down on the working class. byThe BigotBas

    [QUOTE=coalition;405975][LEFT][COLOR=#000000][COLOR=#242424]Sometimes we forget those who have placed their trust in us, to create a better life. I can think of many posters on this site, who sneer at the poor and tell them how easy it is to succeed...without, as Keynes called it, The Dole. This in spite of the fact that their hand is in the cookie jar, taking out more PA in 'Handouts' from the State, than the poor will ever get...in a lifetime. Look in the mirror and see a Benefits scrounger and remember whom you are stealing from.

    **********************


    I was18 when I left school. It was 1989, the height of what was supposedly the Thatcher boom years but like many of the Conservative boom years (which are few and ...
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  19. corporal punishment

    [QUOTE=coalition;404205][B][FONT=Lato][COLOR=#333333]Every time I come across Tory demented screaming for 'hanging' I smile to myself. While, in theory, I have nothing against the Death Penalty...and it is inevitable that we will see it return to the statute books, .it is really only the Tory demented, who always specify 'hanging' as the ideal deterrant.
    Once upon a time, 'burning at the stake was a Tory favorite, especially when it was a victim from the tribe of Jacob, as they were 'dibbing' his pockets for his money and property, now they just 'dibb' everybodys pockets, for whatever they can steal. they never were particular,
    As they now need a new profits contribution centre, may I suggest the Muslim medievalism [I]au currant[/I][I] in Saudi Arabia today.
    [/I][/COLOR][/FONT]Lots ...
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  20. False economies.

    [QUOTE=coalition;403366]If we want to discover what real falsity is...we only need look at Banksters Accounts, they are nothing but financial imagination, with the single aim of fraud.

    Adam Smith Research Trust 2011

    However, this paper argues that banking has become an exception to this
    general rule. Recent developments in the accounting rules applied to banks,
    and in the broader regulatory framework for banks, have allowed bank
    executives to overstate their profits, feeding through into multi-million pound
    bonuses for themselves and short-term gains for their shareholders. When
    it comes to banks, accounting rules fail to perform their role of avoiding
    deception and consequent misallocations of capital. Given banks’ financial ...
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  21. False economies.

    [QUOTE=coalition;400476]It couldn't happen in UK...or has it already occurred

    [B]President's Private Sector Survey On Cost Control
    A Report to The President (Reagan)[/B]
    January 15, 1984. Available from the Congressional Research Service.
    The excerpt below can be found on page 12.
    · "Importantly, any meaningful increases in taxes from personal income would have to come from lower and middle income families, as 90% of all personal taxable income is generated below the taxable income level of $35,000.
    · Further, there isn't much more that can be extracted from high income brackets. If the
    Government took 100% of all taxable income beyond the $75,000 tax bracket not already taxed, it would get only $17 billion, and this confiscation, ...
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  22. How should the UK react to the proposed new EU treaty

    [QUOTE=coalition;388516]Now lets see what Droopy Cameo was protecting.

    [IMG]http://harvardmagazine.com/1999/05/art/images/dhead.gif[/IMG]






    The City:
    The only other possible comparable event to the destruction of our financial integrity is the 1720's South Sea Bubble;

    The values of the famous Subscription Shares issued by the South Sea Company in
    1720 have to be split into two components before they can be understood. One
    component was a fractional claim upon one original share in the firm. The other
    component, however, was a bundle of share warrants. The information contained in
    share warrant values is potentially helpful in understanding the South Sea Bubble.
    Warrant values might ...
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  23. Peace in our time

    [QUOTE=coalition;380702]Bush, the historical cowards's version of Corporate No Law, is coming to the UK: commit as many frauds on the Taxpayer as you can and when your fraudster tricks are exposed, simply pay a whooping great fine which allows you to continue with as much criminal activity as you wish. HSBC has swindled old aged pensioners for years, they paid off the nasty regulators and had their swindling licence renewed.

    US -style justice for the City (Sunday Times...bottom of front page of Business section: is that understandable for the odd ones who find it a chore to Google UK; Jonathan Russel writes...Plea bargaining to settle serious financial crimes could be introduced as early as next year according to politicians and legal experts. Obviously going to be a bumper Xmas ...
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  24. Peace in our time

    [QUOTE=coalition;379868]On 20th Dec. RBS is called to a meeting in Switzerland to report why it is not paying down interest on Bond Issues E- Mac 2004-IB.V Class C/D Mortgage Backed Securities....in other words, CDS Derivatives toilet paper. Taxpayers would be well advised to empty their Bank Accounts....as they will be raided to cover some sticking plaster payment.
    Only a fool would keep money in a Bank these days.
    As with all Banksters, this is hidden under RBS offshoot RBS N.V. Each of them will be in Switzerland soon, but only as their Offshore subsidiaries, who issued the Bonds. We are propping up Euro clone offshoots of UK Banksters.[/QUOTE]
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  25. Peace in our time

    [QUOTE=coalition;377822][B]Why taking our Pension money is simply a Con. If we gave the Banksters all the UK Taxes for the next 1,000 years, they would still not be Solvent.[/B]

    [I]Source:[/I] [I][URL="http://www.bis.org/publ/otc_hy1111.pdf"]OTC derivatives market activity in the first half of 2011[/URL][/I] [I]and[/I] [I]Semi-annual[/I]
    OTC derivatives market
    Activity in the first half of 2011 Bank for International Settlements 2011. All rights reserved. Brief excerpts may be reproduced or translated provided the source is cited.
    After an increase of only 3% in the second half of 2010, total notional amounts outstanding of
    over-the-counter (OTC) derivatives rose by 18% in the first half of 2011, reaching $708 trillion
    by the end of June ...
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  26. Peace in our time

    [QUOTE=coalition;377822][B]Why taking our Pension money is simply a Con. If we gave the Banksters all the UK Taxes for the next 1,000 years, they would still not be Solvent.[/B]

    [I]Source:[/I] [I][URL="http://www.bis.org/publ/otc_hy1111.pdf"]OTC derivatives market activity in the first half of 2011[/URL][/I] [I]and[/I] [I]Semi-annual[/I]
    OTC derivatives market
    Activity in the first half of 2011 Bank for International Settlements 2011. All rights reserved. Brief excerpts may be reproduced or translated provided the source is cited.
    After an increase of only 3% in the second half of 2010, total notional amounts outstanding of
    over-the-counter (OTC) derivatives rose by 18% in the first half of 2011, reaching $708 trillion
    by the end of June ...
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  27. Peace in our time

    [QUOTE=coalition;368533][B]This couldn't happen in England, could it? naw, our Press are 3 Blind Monkeys.[/B]


    Over the past few days we have seen a trruly remarkable and even more truly frightening occurrence, one I never thought I’d see in America. Legitimate reporters are not being allowed to cover the news and it’s happening all across our country. In a recent report, Reporters Without Borders raised concerns about the number of incidents in which credentialed reporters have been forcefully and physically prevented from covering police attacks on OWS encampments and the disparity in the legal outcome of their arrest. In part. their report says:
    “Sometimes they are arrested and then set free almost immediately. Sometimes they are arrested and, before being released, ...
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  28. Peace in our time

    [QUOTE=coalition;368449][LEFT][COLOR=#000000][FONT=Lucida Grande]
    [B]We are not alone in our struggle for Justice.[/B]
    Anonymous, in their own words..
    Greetings.
    Unemployed and students, wage slaves and Farmers, priests and rock stars.
    Mothers and fathers, sons and daughters. Anonymous brothers and sisters of earth.
    This is an anonymous message to the people of the world.
    More and more of us are poor and starving.
    More and more of us are being killed and imprisoned.
    More and more of us are being censored and monitored.
    More and more of our rights, hopes and dreams are quickly being stripped away.
    The world of today is a dark place. The many live under the rule of the few.
    This is true all around the world.
    This @!$%#, ...
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  29. Peace in our time

    [QUOTE=coalition;367246]"Today the path of total dictatorship in the United Kingdom is being laid by strictly illegal means, unseen and unheard by the PEOPLE.The Cabinet of the Dictatorship, outwardly pretends we have a Constitutional government, but inwardly we have operating within our government and political system, another body representing another form of government - a Confederation of Financial, Bureaucratic and Corporate elitism .with the single aim of enslaving the people."[/QUOTE]
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  30. Oh damn!

    [QUOTE=coalition;363700]Oh damn it is :
    [LEFT][COLOR=#000000][FONT=Lucida Grande]
    [B]You thought houses were meant to provide a place for people to live and office buildings a place for people to work.
    [/B][/FONT][/COLOR][B][COLOR=#000000][FONT=Lucida Grande]You thought food was meant to be eaten, oil and gas to be turned into energy, and metals to be turned into cars, bridges and downspouts.
    [/FONT][/COLOR][COLOR=#000000][FONT=Lucida Grande]You weren’t sophisticated enough to realize that these really are just different “asset classes” meant to give investors around the world something to speculate in and to diversify their portfolios.[/FONT][/COLOR][COLOR=#000000][FONT=Lucida Grande]Even worse, you actually believed all that stuff about prices being set based on market ...
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