What do Quantitative Easing and the Ozone layer have in common?

"Fears that struggling eurozone nations will not be able to pay their debts intensified as official data showed the hole in Greece's finances was bigger than thought.", says the Telegraph.

Who'd've thought it?

These ingenious posters (below) are not impressed ...

mrs_trellis

15 hours ago

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Which reminds me - anyone heard anything about the hole in the ozone layer recently?

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mercurius flamel

14 hours ago

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47 people

gordon brown and ed balls have suggested creating even more ozone and pumping it into the hole as this will solve the problem aparently.........

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[clearing up the coffee splatterings from my screen]

Milton Friedman on the minimum wage: sanity in every word

The sanity of the man is all the more startling when you compare him to those currently in office.

His views on "conservatism" are equally valid.

Here, he explains why the minimum wage inevitably achieves the opposite of what it is supposedly intended to accomplish.

How corporations funded Communism

In 1976, Antony Sutton* lectured, in some detail, about how the corporations funded the Russian Bolshevics, kept them in power - and corrupted the West, as they asset-stripped it and transferred its intellectual and physical wealth to the communist state(s).

His highly researched 1976 account startlingly traces out the future as he saw it, which maps so neatly onto our recent past, as we've experienced it. That future was to be wrought via the UN, the EU and other large 'regional' bodies, the climate change scam and a host of other devices, to bring about a new, world, socialist order.

We are nearly there, at one minute to midnight.



* Antony C Sutton was a research fellow at the Hoover Institution at Stanford University and an economics professor at California State University, Los Angeles. He was the author of 21 books, including Wall Street and the Rise of Hitler.

Update:

Dr Stan Monteith interviews Antony Sutton:

TfL's nice little dishonest earner

Big Brother Watch reports on TfL's profitable human, erm, ATM - which the latter insists is not a revenue raiser. It consequently refuses to do anything about it.

"Transport for London came in for heavily criticism last week after it was revealed a junction at the intersection between Northcote Road and Battersea Rise in Wandsworth has raised over £1,000,000 in traffic fines over the past year. 9,000 drivers were snapped by CCTV cameras when they found themselves stuck in the middle of junction, and were promptly sent a fine for £120. Motorists were further enraged to find out that experts from the Government and TfL were aware that the junction was confusing and likely to catch drivers out. A Department for Transport official signed off permission for the box on the A3 after stating drivers could be “left in a somewhat awkward situation.""

Perhaps some industrious, determined citizen sign-maker can create his own sign and stick it on an existing sign in the dead of night. He might don a TfL workman's attire so as to attract no untoward attention.

It would be interesting, thereafter, to see what TfL do about the new sign. If they remove it and don't replace it with their own, similar sign, then we can be sure that it is merely a revenue raiser.

This would be an excellent stunt, if followed  up by a flurry of newspaper articles and youtube videos to show the before/after effect on traffic in the area.

The Ultimate Bankster quote

Montagu Norman, Governor of  the Bank of England, addressing the United States Bankers' Association, New York City, in  1924:

“Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible.


“When, through process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of the government applied by a central power of wealth under leading financiers.


“These truths are well known among our principal men, who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance.


“It is thus, by discrete action, we can secure for ourselves that which has been so well planned and so successfully accomplished.”

Related:

• Why fences, walls and other myths cannot save us from bankers' risks - Liam Halligan
• Iceland rejects UK repayment deal

EU urges member states to take more immigrants

According to OpenEurope:

European Commission “ready to urge countries” to take over immigration burden from Italy European Justice and Home Affairs Commissioner Cecilia Malmström has suggested that the immigrants currently arriving in Italy could be distributed over different European countries, according to Elsevier. El Mundo quotes Malmström saying that "in case of a mass exodus of displaced persons, the European Commission is ready to urge the EU countries to receive them on a temporary basis.” Temporary hosting of migrants, for a maximum period of one year, may be possible as a result of a 2001 directive specifically designed for immigrants from countries with a humanitarian emergency.

Temporary basis? And once they've been here 'temporarily' for a year and we ask them to leave, will we be "violating their human rights'?

I'm willing to bet that iDave will go for this (if he hasn't already) and it will be interesting to see how he tries to sell it to us.

El Mundo, Elsevier