Ever seen the old movies of the good old days on the high
seas where the geezer in charge of a ship barks down the bridge sound tube to
the engine room? Now imagine that the jester
in charge is Lenin and his cookie crew like Helphand Parvus, other fat bastard wastrels,
workshy khaants and assorted spunk soaked manholes are infesting the bridge on
license from RCE . I mean what bit of constantkhaant, slaving, Nimrudicimal
obsessed, pisstaking creepbrigands don’t the inhabited carbon based life forms
get about the Habiru Cru and their so called revolutionary spirit?
EMJ, get a phaakin’ grip, it is not a spirit of any sort, it
is habitual epigenetically engineered thievery and supremacist homicidal
urgings that manifest as appetite form thousands of years of murder, that is
what Darwin couldn’t bring himself to say.
Anyway, back to us in the engine room of the doomed vessel.
Lenin yells down the pipe that it is flank speed because a great big pink
killer sea rabbit is chasing the barge down!! Who is to say it is not. All the
coolies get cracking. Meanwhile on the bridge the Lenin cuckoo crew are pissing
themselves at their unending wit take.
So which bit of pulling recreational false flags at random don’t
you get? If all you’ve got to do all day is lie around doing phaakkol and shoyvving
your manoil up the helpless why shouldn’t you use your license to set a bomb
off somewhere that takes your fancy? Or crash a market by removing liquidity. Babelbolloxphish ON,
liquidity=circulation of false manoil. Once your bollox are dry, and you know
when the bins are empty, you are safe in a New Mexico/Arizona compound
surrounded by Ba’al idols. A real Habiru Cru 21st century temple
complex.
Have you ever heard of London/RCE ever halting the funding
to one of their terrorist cells because they killed a load of people? Ever?
Ever seen Langley call off a C17 pallet drop of
a gazillion reichbucks from their counterfeit printing Habiru Fedshop to Ba'al run psychopathic gangs/countergangs because suddenly
a load of innocents got unalived in Quito or Kuala Lumpur? Ever? Do you believe that the CantonRCE are not running suicidepandasquads right now?
So devour this satisfying slice of reality mustard based relish.
“
Review of Economics BBC lies
Robert Peston: Who Runs Britain? And Who's to Blame for the
Economic Mess We're in?
Worthless unintelligent innumerate
BBC-style flannel from a hack, November 30, 2010
This book was published in Feb 2008, written, according to the flyleaf, by the
BBC's 'award-winning' Business Editor. Among other things, he had the 'Scoop of
the Year on Northern Rock seeking emergency help from the Bank of England'
which must mean only that they told him first; I wonder why...
It has ten chapters with childish titles (e.g. 'The King of Jackpot
Capitalism')—a mixture of human interest drivel—either to hide Peston's
ignorance, or to give the audience something easy, or to simply evade the
truth.
1 Starts with his autobiography—an ordinary Jewish boy (he notes without
comment his ex-school is now largely immigrant|). There's scattered
information—his parents, the post-WW2 world, non-dom and wealthy entrepreneurs,
tax havens, capital movements, Indian steel, China, executives' pay. Almost all
is unsourced, though sometimes the Financial Times or Times or some magazine
('an analysis in Prospect magazine'). He claims to believe the usual
conventions on entrepreneurs and performance-related pay (except one must assume
for BBC hacks, of course). Obviously there are thousands of relevant people;
the choice no doubt is made for him by editors and scribblers and
publicity-seekers.
2 Borrowing: goes through the general idea of company takeovers using borrowed
money, by comparison with house prices bought on mortgages, in a time of rising
prices—he gives no explanation of why these should be rising. He comments (p56)
that Gordon Brown confused US 'venture capital' (putting money into promising
typically high tech start-ups) with a British sense (putting money into
asset-strippers etc).
3 and 4 deal mostly with Philip Green who bought a chain of clothes shops and
made money by improving them; or something like that. (He was knighted 'for
services to the retail industry'). His strength seems to be that he knew the
business thoroughly—letters of credit, warehousing buying from China,
cancelled orders etc—if only civil servants were knowledgeable. Chapter 4 looks
at an attempted takeover of Marks and Spencer. I have to assume Peston's book
came out in a hurry as all this material is anecdotal and essentially of its
time.
5 'Poison Manufacturers'—a chapter of random bits and pieces about Robert
Shiller's book 'The New Financial Order' on e.g. unlikely schemes such as
insuring against house price falls, and more significantly reducing the gap
between wealthy and 'developing' nations [except in Palestine?] China, Japan, oil and gas are listed as
great exports though none are quantified. One figure quoted is $600bn of
sub-prime mortgages as 'toxic debt'; however even if people borrow too much,
after throwing them out some value is recoverable—typically, Peston makes no
attempt to quantify this.
6 is largely on Goldman Sachs (almost as an anthropology subject—omitting one
fact), and JP Morgan. The City of London—330,000
people—is said to be 'astonishingly productive' although of course what it
actually does is unstated. Peston quotes a few facts, or perhaps factoids:
(p204) ten hedge-fund managers in 2006 earned more than $500M says 'Alpha',
presumably a magazine. A German paper, Bild, (p210) says they are 'like a
plague of locusts .. devour everything, then fly on..'. P 215 has a conflict of
interest—the holding funds don't want the companies they own to outperform
themselves.
7 Pensions: long chapter bemoaning the way Britain's pensions have been under
long-term attack. The long account is unsourced, and it's impossible to know
how reliable it is. Just as the Tories changed the definition of 'unemployed'
to suit themselves—20 times? 30 times?—the laws on pensions and things like tax
relief, % limits on contributions, inflation linking or not, tax credit, ACT,
valuing of the liabilities have been changed so often by Lawson and Brown and
others—quite apart from the ONS getting things wrong—that the subject is highly
confusing; very probably intentionally.
8 'Democracy for Sale'
is mostly about Levy, fundraiser for the 'Labour' Party—as it's still
called—but also the Conservatives. Including not declaring loans—if they expect
their money back, it's not really a gift, is it? It's impossible to know how
reliable this material is. Tagged on is material on cash for honours. As an
example, Gulam Noon is quoted, supplying 120,000 packaged meals a day to
Sainsburys [a supermarket chain]. These are designed say Peston for
immigrants—for some reason Peston fails to mention that taxpayer's' money for
housing, expenses, health, and benefits and presumably barbaric slaughter
methods, with standard industrial equipment did all this; Peston typically regards
this as wonderful.
9 Royal Mail (the Post Office—renamed Consignia for a bit) was reorganised by
Allan Leighton. Peston duly notes that he swore sometimes and gets up at 5 a.m.
10 Who runs Britain?—Well—whoever
it is hasn't told Peston!
It's hard to criticise unresisting imbecility, but let me list a few things:---
** Naturally as with all subjects trying to evade scrutiny inspection Peston
uses the elaborate junk vocabulary—'tax efficient', 'wealth creator',
'stakeholder'—you can imagine.
** (p171) 'financial products whose dangers were misunderstood'—175 'hard for
regulators to work out which hedge funds, or pension funds, or insurers, or
banks are actually holding the instruments'. Peston does NOT address the issue
of why banks charge low rates of interest on risky matters. Reorganisation
mightn't work; bag of miscellaneous loans might fail. It seems likely that
there must have been collusion. 'Private Eye' ran a piece in about 1975 called
'Pension Fun' on tricks used by pension funds holders to get money on the side.
Another likely issue is the Rothschild money printing aspect of things and the
Bank of England/
Fed. (Peston makes no mention of 'Quantitative easing'). There's amusing
material on Standard and Poors, to the effect they pleaded in court they were
only giving a journalistic opinion on AAA style judgements. Substandard and
Poor, indeed.
** Like all hacks, Peston has no imaginative comparisons. Consider for example
average North American/ European people. They don't (or didn't) pay much
attention to things like drink and cigarettes and junk/spree spending; say
£100/year isn't really noticeable. If you put the adult population at say 800M,
this amounts to £80 billion a year. The 'entrepreneurs' might be regarded as
hoovering up spare change in obsessive mode; this sort of approximation is
important to avoid silly panics.
** As an example, chapter 9 on the Royal Mail reorganisation states it was
losing about £1M each day. Say, in a year, getting on for half a billion. Is
that a lot? Well, that's about what is 'paid' in 'free' legal advice to 'asylum
seekers', all of whom have broken the law about travelling to the 'next safe'
country. Peston thinks in his simple-minded way that 30,000 'redundancies'
(i.e. firings) and 3,000 or so Post Offices closed was worth that. Recently,
some energy company (i.e. holding company that had been sold some of Britain's
utilities) made £8bn reported profit—enough to keep post office open 25 years.
It's also about a third of the value of homes given to immigrants in one
year—not counting the free services
** Peston says nothing about contributions to the EU—with its accounts not
signed off; I've seen a figure of net $6bn, but wouldn't swear to it. The cost
of wars, de-industrialisation, financing Indian steel and space and airports (Britain gave a steelworks to India; and also
paid for an entire supermodern airport). The cost of the 'global warming'
fraud—supported by the BBC, incidentally—the cost of selling off utilities, the
astronomical costs of immigration are all ignored by Peston.
** It's perhaps worth making a wry note on 'charitable' giving. For example on
'academies'—where a huge building is given in exchange for a fraction of its
value. 'AIDS' work is another notorious fraud. I noticed (p202) £1M for a 'Lib
Dem think tank' run by 'Jennifer Moses, a retired Goldman Sachs banker'.
Peston appears to still 'work' for the BBC. He should be out of a job and his
'pension' removed surgically.”
Now go read Tom Agoston’s Habiru fiction and fable.
Tom has long gone but all you need to know is that the WMD
were always going to Tel Aviv as far back as 1943.
Chemistry=U=Au=SS=Maxwell=Epstein=New Ba’al compounds
BWAHAHAHAHAHAAAAAAAAA
Imagine life as we know it to be an experiment like Camoron
used to conduct way back when for the Cultic Insinuation Aura in Canada for
Maximal Kulturkampf
