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Archive for October, 2011

How France Treats It’s Citizens – To their eternal shame.

Posted by Greg Lance - Watkins (Greg_L-W) on 22/10/2011

How France Treats It’s Citizens – To their eternal shame.
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Posted by: Greg Lance-Watkins – Greg_L-W.

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Hi,

much is made of British mistreatment of Muslims.

let me be very clear here, before I start – I do not buy into any belief in any god or gods and tend to believe there has been no greater source of evil, or cover for evil, than mankind’s determination to invent gods to worship/blame and then seek to force these superstitions on others.

In todays world we are in the main saddled with the evils of a triumverate of rival bronze age superstitions, invented with the purposes of control, a back up for tribal laws drawn up by elders and an answer for questions that could not be left for ever in the too difficult column!

Science has moved on, as has the thinking and recording abilities of mankind in the intervening years since Judaism, Christianity and Islam were invented and formed their many cults and schisms as rivals within the doctrines battle for power.

These master plans have to varying degrees moved on to capture new audiences as with adding spare god like beings (prophets, angels and the like) to entrap the multi theists. Meanwhile new rituals and depictions were apposite to capture other followers, as with those who worshipped women to who the sop of ‘Mary’ in some quaint form of deity was added or ‘hallos’ to depict the sun and be a symbol of the sun god worshippers be they amongst those worshipping Ra in Egypt or the rising sun of Wicker and the Celtic Druidic cultures or even the sun worship amongst the Incas and Aztecs.

Now of course so called Christianity is a host of different factions be they Catholic, Baptist, Anglican, Orthodox, liberal, WeeFree, Presbyterian, evangelical, Morman, born again, Mixed Presbyterian, New Life Ministry, Alpha Group, Emmanuel Baptist, Westboro baptist, church in Wales, high church, low church, Cathar, trapist, Russian orthodox, Greek orthodox, Quaker, franciscan, Fallmouth New Life Church, United Reform Church, dominican, Scottish Presbyterian, Dutch reformed, house, reformed, methodist, Jehova’s Witness, Later Day Saints,  and a host of other rival factions in christianity alone!

For a few 100 more factions in christianity alone CLICK HERE
Each with their own leaders, prophets, founders, customs and singular certainty making a mockery of the entire concept of so called ‘religion’.

The jews, the zionists, the khazara, the ashkenazi, the frummers, the muslims, the wahabe, sunni, shiite and their ilk are all broken into yet more fragments and possibly the only man who had the measure of them can be understood more clearly if you CLICK HERE

To add perspective realising VY Masses Majoris at 62.5 AU is 1,000s of times the size of our sun at 1.2GM which is 1,000s of time the size of our weeny planet at 5.5MGM which itself is almost 3 times the size of Mars and much larger than Ceres, Iris Pluto and our own moon!

Minded of, in my opinion, the utter irrelevance of mankind and our incredible insignificance in terms of our planet let alone our solar system and more significantly our universe as we understand it I find it completely implausible to believe in gods, let alone a supreme being overseeing us.

It seems that gods are little more than a bronze age superstition dreamed up on the back of earlier superstitions; superstitions that are and have remained arcane.

I do not deny that there are many people, indeed peoples, who have a need to believe in some all powerful being, both to answer to in their aspirations and to blame for their own failures. It is when these rather bizarre and disparate rival views are used to inculcate rivalry, hatred and a need to protheletise that the concept becomes a force for evil and the more strident the belief is the more damaging that evil becomes.

I have no desire to force those who need a prop in their lives to kick over that prop but just as they might believe it unkind of me, were I to show their views to be false and force that view on them I find it deeply offensive that they seek to force their superstitions upon me.

I have lost more good friends as a result of their desperate insecurity and wish to force their views on me than for any other reason, force which is often initially displayed in the odious manner of patronising attitudes of we know better – when clearly they know nothing but seek to substitute knowledge as a terminology for their various beliefs.

I am happy for my friends, and others, that they have a prop for their lives and the goals that their superstition provides for them and do not seek to dominate their view with mine. However please do not expect me to silently stand by and be insulted and abused when they display the desire to convert me or promote their, to me, risible superstition – particularly when in the whole of human history they can not offer a shred of evidence nor a body of proof of their opinion.

It is for these reasons that I believe that a State religion is no more than a display of the desperate insecurity of that would be State and where better to display this than the obscenity of the behaviour of zionism and zionists in Palestine and the manner in which, in the name of judaism, the peoples of Palestine have been dispossessed, abused, hounded, persecuted and imprisoned behind walls and wire, in the world’s largest open prison in the name of the evil that judaism has permitted zionism to carry out in their name – to their eternal shame.

Indubitably the closes relation of the zionists are the followers of islam and it is easy to identify a number of States that are founded on the evil of enforcwement of their chosen supertition upon its peoples be that the oppresive wahabe followers of the kingdom of the Sauds, the extremism of the Yemen, Iraq, Iran, Pakistan, Afghanistan, Syria, Oman, TAS and more where the barbarism of their laws and customs is endorsed and practiced by their rulers in the name of some twisted and evil interpretation of the bronze age writings of a self styled cleric and prophet sponsored by the wealth of his considerably older wife!

Mohammed clearly drew up the tennets of belief in support of a largely rural peoples in a harsh desert region, short of water, where many of the peoples were nomadic – a codex designed to display hospitality, generosity, tollerance and other common values amongst the numerous family tribes, a codex by which they could live alongside each other in some harmony, a step forward from endless inter tribal rivalries.

It was not long before the doctrine and its codex of civilising laws fell into the hands of men of evil seeking to interpret it to their own gain be they sunni, shiite, wahabe or a mriad of factions following false prophets and their so called martyrs; many martyred in the name of one display of jealosy or greed or another between the factions.

Let us in the context of these facts consider France, which may seem something of a leap – but is it!

France, which lays claim to ‘the enlightenment’ yet through its history has resorted to barbarism, brutality and acts of cruel indifference and arrogance with the cloak of ‘patriotism’ being misrepresented as that of ‘nationalism’ as a particularly febrile cover for unbridled racism.

Consider the barbarism of the 1,000s of women burned at the stake in France in the Middle Ages and the cruielty of the great war lords of France where in massive oppulence the likes of the Dukes of Corsay starved their peasant farmers and massacred their rivals – behaviour so redollent of the regime of the Sun King and the palaces and life style of Versailles.

When in 1830 the French invaded Algeria confronting muslims and their heritage they devised, over the next century their codex of law for the conquered peoples of Algeria an ‘Indigenous Code’ that not only denied the indigenous peoples any right or opportunity to access education for their children, self respect or positions of any responsibility in governance. A codex that justified French brutality and maswsacres of literally 1,000s of the indigenous peoples.

The barbarity of the French was akin to the brutality of the Spanish & Italian Conquistadores in central and south America of a previous era.

The French claim of civilisation is only surface deep only as displayed by the fact that when eventually in 1954 the Algerians rose against this bestial behaviour, seeking independence and the dignity of self determination.

The efforts to repress the Algerians were obscene in their brutality with the French Government tacitly authorising torture, beatings and killings and never holding anyone to account as they spirited away the criminals acting on the State’s behalf, be they police, French paras or Legion Etranger.

Little wonder that the Algerians increasingly retaliated more violently with the FLN, CRUA, APP & MNA when General Massu instituted concentration camps for some 2 million rural Algerians and punitive strikes against villages that were thought to perhaps harbour dissidents from the FLN which he ruthlessly destroyed on the orders of Charles de Gaulle in 1956 forming the groundwork of ‘apartheid’ as practiced by the boers in South Africa.

Then in 1958 General Salan implemented a policy of division enforced by the injustice of collective responsibility in the style of the Nazis in the conquest of such areas of France that did not succumb.

Finally the vote for independence was forced upon the French and was almost unanimous in its opposition to French rule.

Some 4-6 million French citizens living in ghettos in France are of Algerian descent to this day, where due to the racist nature of the French and the brutality of their management of minorities the hatreds have continued and they are treated disgracefully, building a future of unresolved problems, where those of Algerian descent have difficulty in finding education for their children, health care, housing and work, leaving them bereft of hope and with increasing, and dangerous, resentment wherwe the French seek to blame the results on Islam when clearly it is only the evil lunatic fringe of Islamism thaty exploits this in terms of criminality – similar to the criminal exploitation in Ireland by the IRA!

Consider the reporting of the French massacre of those of Algerian descent in France of 1961, as featured below and consider what problems such brutality is storing up for the France of the future in its racist nationalism and it would seem deservedly so!

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The modern massacre that shames the French: The police slaughter of Algerian immigrants (just 50 years ago) that’s been airbrushed from history

A solid phalanx of French riot police in blue and black uniforms held their ground at one end of the bridge over the River Seine that connects the western suburb of Neuilly to the centre of Paris.

They were a terrifying sight, fully kitted out for battle and raring to go. At the other end stood another line of police, also armed with batons and rifles.

In between them stood around 100 unarmed and very frightened Algerians. Carrying banners and placards, they had come onto the streets of the French capital with 30,000 others that day to protest at official curbs on their freedom to move about the city.

The date was October 17, 1961 – 50 years ago this month – and the bloodbath that was to unfold that autumn day was to be one of the most barbaric and shaming events in ‘civilised’ Europe’s post-war history.

 
Violence: Algerian protesters were slaughtered by French police on the streets of Paris on October 17, 1961

Violence: Algerian protesters were slaughtered by French police on the streets of Paris on October 17, 1961

It still casts an uneasy shadow over France’s large population of North African immigrants. For decades, the truth about October 17 was suppressed. Even today, to a certain extent, France is deluded about what it reveals about the dark racist streak in the country’s psyche.

Under the presidency of General Charles de Gaulle, France was the land of liberty, equality and fraternity, yet what lay just beneath the surface was about to be revealed — repression, racism and violence.

The police began to advance, slowly, from either side, but this was no ‘kettling’ exercise designed to contain and disperse the demonstrators. The intention was to beat, maim and kill.

The trapped Algerians — citizens of France, in fact, because Algeria was at that point still a French colony — had nowhere to run.

As the two police lines met, batons were swung, shots were fired, panicking men, women and even children were cut down. Some were hurled, dead or alive, into the waters of  the Seine.

All over Paris, similar fatal clashes were taking place as the police used indiscriminate and unfettered force to break up the demonstration.

 
Under the presidency of General Charles de Gaulle, France was the land of liberty, equality and fraternity, yet what lay just beneath the surface was revealed that night - repression, racism and violence

Under the presidency of General Charles de Gaulle, France was the land of liberty, equality and fraternity, yet what lay just beneath the surface was revealed that night – repression, racism and violence

Algerians arriving from the shanty towns on the city outskirts where they lived were ambushed at Metro stations, herded together and beaten with truncheons. Eye-witnesses saw police cornering Algerians in side streets and clubbing them at will.

At some of Paris’s most famous tourist landmarks — from the Arc de Triomphe to the Place de la Concorde, the Champs Elysees and the Latin Quarter — there were vicious and utterly one-sided street battles.

Hadj Abdel Aziz was organising demonstrators in the Place de la Nation, the same square where, in the French Revolution 200 years earlier, the guillotine had operated.  It was now the scene of a new kind  of terror.

‘The police shot at people, who fell down wounded or dead,’ he says. ‘Everyone scattered, and I ran to  the entrance to the Metro where I was kicked and crushed. I got  home covered in blood and broken by my wounds.’

How many Algerians did not make it home is still a matter of conjecture and dispute. The official police figure that day was an impossible three dead — two Algerians shot and one, they said, who had died from a heart attack. Algerian sources went to the other extreme, claiming 300 deaths.

The exact number has never been pinned down. In so far as there is any consensus even now on the October 17 death toll, it is only that anywhere between 32 and 200 were killed.

 
Disgrace: The event still casts an uneasy shadow over France's large population of North African immigrants - and for decades, the truth about October 17 was suppressed

Disgrace: The event still casts an uneasy shadow over France’s large population of North African immigrants – and for decades, the truth about October 17 was suppressed

What is certain is that for weeks after, bodies were washed up on the banks of the river. According to the Left-wing writer Simone de Beauvoir: ‘Corpses were found hanging in  the Bois de Boulogne and others, disfigured and mutilated, in the Seine.’

Some of the police involved were so disgusted at their own actions that, many years later, they confessed to taking part in a hate crime.

‘For two hours we hunted and shot anything that moved,’ says one, named Raoul Letard. ‘We were waging a war and our adversary was the Algerians.’

So what precisely was it that sparked off events that left the streets of Paris and the river Seine running with blood?

In Algeria, France’s North African colony since 1830, separatists had been fighting a bloody terrorist war for independence for seven years, and were on the verge of winning.

The 200,000-strong Algerian community living and working in France at that time were considered by the security forces to be a suspicious and dangerous fifth column.

 

Some of the police involved were so disgusted at their own actions that, many years later, they confessed to taking part in a hate crime.

The violence of the fighting in Africa had spread on to the streets of France as supporters of the two rival factions vying for power in Algeria clashed openly in Paris.

When they weren’t killing each other, they targeted policemen with bullets and bombs.

Onto the scene came one of the most controversial figures in modern French politics — Maurice Papon.

He had been a leading figure in the French police force that collaborated with the Germans in World War II. (In 1998 he would be convicted of having rounded up Jews to send to Auschwitz, jailed for ten years and disgraced.)

But in the aftermath of the war,  he and many other collaborators  like him had been accepted back into the fold.

He became a police chief in Algeria, and in dealing with the guerrilla forces of the Algerian National Liberation Front, the FLN, he built a fearsome reputation for brutality, summary executions and torture.

And then he was appointed prefect of police in Paris to crack down on any trouble from Algerians in the city.

The lugubrious Papon — the sort of man who never used a nutcracker when a sledgehammer would do — immediately set out his stall by recruiting a special police force of former soldiers who had fought for France in Algeria and had no love for its people.

He gave them free rein to stop and search, detain without charge and torture French-based members of the FLN.

 
De Gaulle dismissed the killings as 'a matter of secondary importance', and in 1968 issued an amnesty to all police personnel  for crimes committed during  the war with Algeria

De Gaulle dismissed the killings as ‘a matter of secondary importance’, and in 1968 issued an amnesty to all police personnel for crimes committed during the war with Algeria

In essence, he unleashed a dirty  war against the entire Algerian community, all of whom he considered to be suspects.

But the FLN was not about to be cowed. With diplomatic negotiations underway to bring the war in Algeria to an end and give the country its independence, it attempted to hurry things along by stepping up terror attacks on the streets of Paris.

Twenty policemen were killed, half of them in the first two weeks of October 1961.

At one emotion-charged funeral, Papon promised retaliation. ‘For each blow received, we’ll respond with 10,’ he told them. He then announced a curfew on the so-called ‘French Muslims of Algeria’. They were banned from the streets between 8.30pm and 5.30am.

The FLN hit back with mass demonstration, ruthlessly using death threats to coerce some of  its more reluctant supporters to join in.

Cannily it gave the order that they were to go on to the streets totally unarmed, with not even a penknife that might be seen as an offensive weapon and invite retaliation. Organisers even frisked those taking part to make sure they weren’t carrying hidden weapons.

Some demonstrators were arrested and taken to police headquarters near Notre Dame, where they were confined in a courtyard and battered to death. Police handing out the beatings first removed the identification numbers from their uniforms.

Papon flooded Paris with 7,000 police, possibly more. He wound them up to a pitch of fury and then unleashed them with the promise they would never be called to account for anything they did that day.

‘I give you my word that you will be covered,’ he told them.

The stage was set for a vindictive act of vengeance that would quickly descend into mass murder.

Nor was it just in the streets that violence took place. Some demonstrators were arrested and taken to police headquarters near Notre Dame, where they were confined in a courtyard and battered to death.

Police handing out the beatings first removed the identification numbers from their uniforms.

Senior officers — quite possibly even Papon himself — watched the brutality, ignoring pleas by shocked officers to halt the killing.

Meanwhile, as many as 14,000 other Algerians were being rounded up and detained in internment centres. There, more harsh treatment was meted out with rifle butts and pick handles.

‘They tortured us with hot iron rods to learn the names of our leaders. At night they woke us with jets of water,’ says one man.

He recalled having to go through a gauntlet of baton-wielding riot police to get to the toilets. ‘We preferred to pee in our pants.’

A cover-up began as soon as the mayhem on the streets subsided, with Papon maintaining his men had fired only after they themselves had been shot at. He claimed that any bodies in the street were  the result of in-fighting among Algerians themselves. The Paris newspapers generally accepted this explanation and dug no deeper.

The Communist Party spoke out against what had happened, as did isolated groups and some individuals in the Paris council and the national government.

 
It was not until the Eighties suspicions about what happened on the terrible day rose to the surface and investigations began

It was not until the Eighties suspicions about what happened on the terrible day rose to the surface and investigations began

But since cameras had been confiscated from photographers who filmed incidents that did not fit the official story and newspaper accounts were censored, there was no hard evidence to go on.

There was no wave of revulsion that could disturb the French government’s position. The waters closed over the entire incident.

Then, when the Algerian war ended in a truce just months later in March 1962 and Algeria won its independence, the hate-filled events of October 17, 1961, seemed redundant — best glossed over by all sides in the spirit of co-operation between France and the new Algerian government.

De Gaulle dismissed the killings as ‘a matter of secondary importance’, and in 1968 issued an amnesty to all police personnel  for crimes committed during  the war with Algeria. No one was ever brought to account,  and silence about what had happened remained unbroken for two decades.

Now, 50 years on, it is finally clear that the French police force inflicted grotesque, racially-motivated violence on a community whose actions in no way merited the extreme punishment handed out to them.

It was not until the Eighties that suspicions about what happened on that terrible day rose to the surface and investigations began.

In 1991, a book reconstructing the day in detail put the number of Algerian deaths at 200 and used the word ‘massacre’.

Papon sued the author for libel, but lost the case after being forced to admit the body count he had put at three was at least ten times  that figure.

France and the world finally opened their eyes to what had happened on the Neuilly Bridge, the Place de la Nation and all the other dark spots in the so-called City of Light.

Now, 50 years on, it is finally clear that the French police force inflicted grotesque, racially- motivated violence on a community whose actions in no way merited the extreme punishment handed out to them.

Some believe that the massacre was the result of confused government policies towards North Africans in French society, which simultaneously tried to promote integration by offering them special assistance in health, education and jobs — while actively stoking up resentment against them.

The result of these mixed messages was an eruption of killing and a rift between the communities that has not healed to this day. Racism is rife in France and attacks on North Africans remain sickeningly commonplace.

They tend to live on blighted housing estates, the successors of the earlier shanty towns. Even today, these estates are regularly subjected to curfews, and paramilitary forces move in to deal with  any disturbances.

French Algerians report they are made to feel unwelcome in the city centre and Paris’s tourist spots.

France seems at last to be coming to terms with the shameful events of October 17, which is an official day of remembrance. But whether it has really learned any lessons from the brutal attacks on the Neuilly Bridge is another matter.

To view the original article CLICK HERE

Probably the sadest part of this story is that it is far from a single event and was the backbone of French north African policy over 130 years, a policy that has changed little to this day, when time and time again France is castigated by Amnesty International’s annual reports for the high level of deaths in custody of French citizens of Algerian descent and constant reports of brutality by the forces of the French Government.

One need look no further than the history of Mali, Chad, Niger, CAR and the like for further examples of such exorable colonial behaviour and brutality towards the indiginous peoples and Rwanda was a French colony where the French did such damage that it led to genocide where the French aided the Hutu and became complicit in the genocide.

Consider the manner in which the French fled Viet-Nam at Dien Bien Fu not only abandoning such allies as they had amongst the people leaving all records to incriminate them but using the Legion Etranger to cover their backs as they fled, resulting in abandoning the Legion to torture and death as the city fell.

For all its protestations of civilisation France has a long record of duplicity as displayed by the acquiescence to Nazi Germany of its Vicchy Government and in a nation of some 60 million many are surprised to note that the much vaunted Maquis amounted to a mere 2,000 at best whilst the likes of Francoise Mitterand and his cronies colluded with the Nazis and together with Klaus Barbie deported 1,000s of French jews in an act of ethnic cleansing to the Nazi run slaughter institutes of Auschwitz, Bergen Belsen, Treblinka and the like.

It is hard to consider that any form of uprising of those of Algerian descent in France, even as French citizens, is other than well earned!
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Regards,

Greg_L-W.
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Posted by: Greg Lance-Watkins

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#G0617* – Quote Originally Posted by Baron von Lotsov View Post

Posted by Greg Lance - Watkins (Greg_L-W) on 21/10/2011

#G0617* – Quote Originally Posted by Baron von Lotsov View Post

Libertarian

Here is a question for you regarding banks and investment. What is your view of British manufacturing and how can we recover it. At the moment the infrastructure is so weak that to set up a manufacturing operation in the Uk it is quite likely to be doomed because we have not got the expertise, the other companies that provide all the products and services a manufacturer would need and so on. However Germany does seem to manage OK and they are not a third world country with cheap labour.

It seems to me that reliance on service industries is a flawed idea because in times of recession the various companies and countries that provide this work are likely to bring it back to themselves. Furthermore manufacturing would hedge against the ups and downs of the economy and make our economy more stable. So what would it take for banks to start investing in British manufacturing once again, and what are the main things the government can do in order to make this happen? You see I think this could help to solve our unemployment problems, especially up north, which is traditionally a manufacturing area. I need to know what is blocking this so that it can be unblocked, or is it simply a history of bad government policy that had led to the current situation?

Baron,

I will answer your question as you asked it honestly and by that I mean you actually highlighted the real reason that you think manufacturing is the answer. You are not alone most people want a rise in manufacturing over service because they think that making things is skilled ( it isn’t) and service business is low grade burger flipping ( when in fact service industries have the highest skilled people of all). To answer your questions.
For the last 20 years the UK has been the worlds 8th largest manufacturing nation. During the last year we rose to 7th !!!!! As of April 2010 the UK manufacturing sector recorded its highest rise in productivity and output for 15 years. The UK IS a manufacturing nation. What has happened is that new technology, innovations and new industries have arisen which have made the old metal bashing industries redundant. Where they do still exist manufacturing employs very few people. What was once a minimum wage metal bashing production line of poorly paid people riveting door panels in a Birmingham car plant is still done, but by a dozen industrial robots. Here’s the thing Baron, service industries invented and designed those robots. Service industries write the programmes.

In UK manufacturing in the 21st century we lead the world in very high tech manufacturing. 80% of ALL mobile phone chips are made in the UK. Wolfson Microelectronics make Android chips and Cambridge-based CSR a maker of chips that use Bluetooth short-range wireless technology. There are more than 40 ( forty) companies making vehicles in the UK. Just because the old Ford, British Leyland and Vauxhall mega plants no longer exist that doesn’t mean we don’t make vehicles. Jaguar announced this weekend a new investment of £750 million in its Halewood plant creating another 1500 jobs. The UK also lead the field in the design and manufacture of advance medical equipment and scanners. There are more than 250 medical equipment manufacturers in the UK.
I fundamentally disagree with you. Service industries are profoundly important. Financial Services provides more than 4 million highly paid jobs, IT more than 1 million and growing, the public sector ( all services including health care) 6 million. Manufacturing currently employs 5 million ( but most of them are service related jobs like R&D, design, programming, laboratory work).

Baron, this may come as a shock but despite the fact we have high unemployment there ISN’T a shortage of work. Last quarter there were 482, 606 unfilled jobs in England. What the problem is, is that our universal benefits for all system makes working poorly paid. The minimum wage is £12k ish before tax. The minimum benefit is £15k after tax. You figure it out.

On to Germany ( and Denmark) . The reason the German economy has strong engineering ( especially automotive) is because of a scheme that has been in existence for many years called the Mittlestand Investment Programme. This encourages investment in small and medium sized engineering businesses through the tax system. It delays capital gains tax, so none is paid for first 5 years and then a sliding scale. The biggest benefit though is that for SME’s their profits attract NO corporation tax if reinvested in the business. This is NOT what happens in UK. In Denmark, all businesses are exempt from corporation tax on the first £100k of profit if they put it back in the business. So the difference is German and Danish businesses are self financing. We could be the same if it wasn’t for our socialist taxation system.

Much as it pains me to say this as a Libertarian but I also quite like the German programme, known as ‘Kurzarbeit’, it has helped Germany weather its worst post-war economic recession with only a modest rise in unemployment. The incentives, to encourage employers to retain workers on shorter hours instead of firing them, by paying the wage difference were due to expire at end-2010. They will now run through to March 2012.

Now I’m not normally one for taxpayer subsidy of the unproductive, but I’d rather see people work for their (my) money than lay in bed until lunch time and then go down the pub.
The banks aren’t lending because they have been told not to, it’s as simple as that. That is why the banks are all back making profits but have been forced to rebuild their balance sheets and to make themselves suitable for sale if they are a part nationalised bank. The new Basle III capital requirements are also due to come into force soon. The myth that banks can create money “out of thin air” and are able to lend vast multiples in the fractional reserve system is a load of old bollo. These are the new draft capital requirements

Tier 1 Capital Ratio = 6%
Core Tier 1 Capital Ratio (Common Equity after deductions) = 4.5%
Core Tier 1 Capital Ratio (Common Equity after deductions) before 2013 = 2%, 1st January 2013 = 3.5%, 1st January 2014 = 4%, 1st January 2015 = 4.5%
The difference between the total capital requirement of 8.0% and the Tier 1 requirement can be met with Tier 2 capital.

These are the ratios of deposits, assets and equity that a bank must have.

 Interestingly in terms of business investment ( I am a dragon/business angle investor as well as a business owner) means that more SME’s are raising money by selling a stake to people like me than relying on banks.

There are also some quite interesting private bond schemes in operation now.

“In politics, stupidity is not a handicap.” 
Napoleon Bonaparte (1769-1821)

Regards,
Greg L-W.

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The disastrous effects of British politicians selling Britain into the thrall of foreign rule by the EU for their own personal rewards has damaged the well-being of Britain more than the armies of Hitler and the Franco – German – Italian axis of 1939 – 1945.

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#G0616* – As A Polish/Scot Could he be protecting his pension!

Posted by Greg Lance - Watkins (Greg_L-W) on 10/10/2011

Hi,

I’ve just read this study in stupidity regarding UKIP & The EU in none other than Tribune – The article is so very simplistic, so very biased and so very fundamentally anti British I guess it could only have been written by an ex Labour EUrope Minister in protection of his EU Pensions and those of the rest of the cadre of self enriching EU Parasites – little wonder he is a Polish / Scot!

by Denis MacShane Sunday, October 9th, 2011

Quote The late Julian Critchley was the Conservative MP who invented the concept of the “Garageiste Tendency” to describe hard-line Tory MPs who had made money by selling cars and wanted Margaret Thatcher to be even more right-wing than she was. Now let us all welcome the “Farageiste Tendency” – the group of hardline Tories who want Britain to quit the European Union, seek the unilateral renegotiation of EU treaties to weaken workers’ or women’s rights, or force David Cameron to organise a plebiscite with a view to withdrawal.
One hundred and twenty Tory MPs – a majority of non-payroll Conservative backbenchers – have formed a group calling for a referendum on whether Britain should leave the EU. They echo the UK Independence Party leader and MEP Nigel Farage, to whom it seems the BBC has almost given staff status, so often is he on television and radio as an anti-EU propagandist. Farage is to the Conservatives what Ted Knight was to Labour. Tory MPs may not be paying UKIP membership subscriptions but they are infiltrating Farage’s philosophy deep into their party and government. Conservative ministers are in a bind.
For more than a decade, David Cameron, William Hague and Liam Fox all used vivid language to denounce Europe. Hague made openly xenophobic jokes about Germans or the French. Mocking our European friends is time-honoured and they give as good as they get when describing “les Rosbifs”. But Hague’s language had an uglier edge. It still has. Last week, he used the extreme metaphor of saying the eurozone is a “burning building with no exit.” At a time when German and Polish leaders were meeting in Warsaw to discuss what to do about Ukraine and Russia, a British politician talking of Europe as a “burning building” was tasteless to say the least.
In order to win the Tory leadership, Cameron entered into a pact with Fox’s supporters. Fox’s price was that the Conservatives should quit the main EU centre-right political family where Tories had worked since Winston Churchill and Harold Macmillan gave birth to Tory Europeanism 60 years ago.

Nick Clegg was on the button when he described Cameron’s and Hague’s new European allies as “nutters, anti-Semites and homophobes”. So the idea that anyone in Paris, Berlin, Stockholm, Madrid, or Warsaw has any interest in anything David Cameron or George Osborne has to say is laughable. For all its problems – and they are many – the EU is the world’s biggest economy. Half the world’s top companies are based in the EU with more coming in to take advantage of its 500 million consumers and £10.3 trillion economy. Of course, China and Brazil, and mono-economies such as Russia and Saudi Arabia, are important. Yet Chinese goods are made in China but by EU or United States firms. The United Kingdom exports more to Ireland than to China – and the Irish are not giving up the euro… etc.

I tend to read Tribune from time to time as it is so much more expensively produced than Private Eye though less informative and trustworthy – but being of a certain age I find The Eye a struggle to read even in good light with glasses!

Tribune though less colourful than Viz is much funnier and less inclined to obscenities although the humour in Tribune passes for serious thought at least it isn’t riddled with obscenities!

Do read the whole of the hapless Denis MacShane’s article parts of it are even funnier!

Let us look at just the last sentence of the extract from Tribune of the idiotic article by Denis MacShane, one time Polish/Scottish British EUropean Minister for the odious and utterly inept and corrupt Labour Government booted out on excellent grounds leaving Britain with £$.2Trillion of debt ALL based on their economic illiteracy and total dishonesty.

Here is an example:

The United Kingdom exports more to Ireland than to China – and the Irish are not giving up the euro.

Clearly this sentence alone is based on dishonesty and seeking to play on the ignorance not only of Labour but of the population at large consider:

The United Kingdom exports more to Ireland than to China

Indeed These United Kingdoms export little to China in our own right as sequential Governments have handed over control of our industry to the malign forces of corruption and profligacy of The EU central control.

British Airo Space & BAE Systems etc. have largely been absorbed into the airo space industry of the EU where the wings are made in one place and the wheels in another, the engines in one location and the fuselage in another and run as a bolt on industry owned in consortia with EU Countries – one of THE most inefficient ways to build anything in the world and by The EU crass maxims of communism aka green idiocy on stilts with so much transport cost and spread of pollution.

None the less, although unprofitably, These UK are a party to this madness and exports planes to China – thus with Airbus Britain exports a great deal to China – not to mention the BRITISH share of payment for such projects as the inopperable and failed Gallilleo Project of which about 50% was sold to China.

I would say that as ever Denis MacShane is being utterly dishonest when he misrepresents the huge amount of trade Britain does with China!

the Irish are not giving up the euro.

Regardless of the democratic wishes of The Irish peoples who promptly fired their domestic politicians for their betrayal of the people – when the Irish peoples had voted NO and a huge amount of EU money was used to buy a re-run and an undemocratic Yes vote was corruptly obtained completely ignoring the rights of self determination and democratic wishes of the peoples.

I presume that as an example of the achievements of such democratic processes Denis MacShane would present Joseph Stalin & Adolph Hitler since both were voted into office by a democratic process – I would be unsurprised to hear him extolling the virtues of such a concept as economic miracles despite the death of some 30Million in The USSR Labour force and starvation and the concepts of IG Faben with their Cadburyesque / Port Sunlight style workers villages though I guess Auschwitz did have a few minor faults!!

I see absolutely no value in these United Kingdoms being shackled to a steadily dieing arcane experiment in communist/socialist social engineering.

Perhaps Denis MacShane, since he quoted him, might care to share with us any single instance where Winston Spencer Churchill advocated these United Kingdoms be subsumed as a vassal region of the malign behemoth of a centralised and undemocratic EU – Just one!

Many will remember WSC stated: Quote “If the choice is join with Europe or take to the open sea this island nation should take to the open sea”.

Regards, Greg_L-W.

“In politics, stupidity is not a handicap.” 
Napoleon Bonaparte (1769-1821)

Regards,
Greg L-W.
for all my contact details & Blogs: CLICK HERE  

British Politicians with pens and treachery, in pursuit of their own agenda and greed, have done more damage to the liberty, freedoms, rights and democracy of the British peoples than any army in over 1,000 years.

The disastrous effects of British politicians selling Britain into the thrall of foreign rule by the EU for their own personal rewards has damaged the well-being of Britain more than the armies of Hitler and the Franco – German – Italian axis of 1939 – 1945.

Make your vote count vote:
INDEPENDENT Leave-the-EU Alliance
or Write on YOUR ballot Paper 
LEAVE-THE-EU

Posted by: Greg Lance-Watkins
tel: 01291 – 62 65 62
of: Greg_L-W@BTconnect.com DO MAKE USE of LINKS & >Right Side Bar< Also:
Details & Links: http://GregLanceWatkins.Blogspot.com General Stuff: http://gl-w.blogspot.com Health Blog.: http://GregLW.blogspot.com TWITTER: Greg_LW

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Posted in Denis MacShane, Nigel FARAGE EFD MEP Leader, Winston Churchill | Leave a Comment »

#G0615* – CLIMATE CHANGE Zealots by Dr. Richard NORTH

Posted by Greg Lance - Watkins (Greg_L-W) on 09/10/2011

 #G0615* – CLIMATE CHANGE Zealots by Dr. Richard NORTH

How climate change zealots are wrecking every last industry this country possesses

Last updated at 12:35 PM on 9th October 2011

Rather overshadowed by events at the Conservative Party conference in Manchester last week was a line in George Osborne’s speech which could mark the start of a long overdue political transformation in Britain.
The Chancellor acknowledged that a decade of environmental laws had been piling unnecessary costs on households and companies, adding that Britain was not going to save the planet by putting ourselves out of business.
He was referring in particular to the Climate Change Act, famously passed by the House of Commons in October 2008 by 463 votes to three, even as the snow was falling outside. By the Government’s own estimate, it would cost £404 billion to implement – £760 per household every year for four decades.
Converted: Chancellor George Osborne has pulled back from the 'green abyss'

Converted: Chancellor George Osborne has pulled back from the ‘green abyss’

The Act included a voluntary commitment to reduce Britain’s carbon dioxide emissions to 80 per cent of their 1990 level by 2050 – a target generally acknowledged to be achievable only by shutting down most of the economy – in an effort to demonstrate ‘global leadership’.
The lunacy of this commitment can be demonstrated by the fact that neither China nor the US – who together produce 40 per cent of global emissions compared with our two per cent – are committed to such draconian reductions.
Instead Mr Osborne suggested last week that we follow the EU, whose members agreed in March 2007 – as one of Tony Blair’s final acts of hubris – to a 20 per cent emissions reduction by 2020. The European Commission is still discussing a ‘road map’ for its 2050 target, putting the UK at a huge competitive disadvantage.

But while Europe is taking a relaxed view of climate change, Britain seems to have excelled in devising more and more bizarre ways of bankrupting the nation.
In December 2008 the Government’s Committee on Climate Change, chaired by Lord Turner of Ecchinswell, recommended that we should switch from eating beef and lamb to ‘less carbon-intensive types of meat’.
Within 11 years, the committee said, it wanted to see 40 per cent of all the cars on Britain’s roads powered by electricity. That very week it was reported that in the first ten months of 2008 just 156 were bought, fewer than half the 374 in the same period of 2007. That made a grand total of 1,100 on the road in Britain.
It also insisted no more coal-fired power stations should be built unless they could be fitted with ‘carbon capture’, funded by a levy on energy bills which would raise £3 billion from hard-pressed consumers.
Lobby: Lord Turner of Ecchinswell was part of a group of MPs who recommended we switch from eating beef to lamb

Lobby: Lord Turner of Ecchinswell was part of a group of MPs who recommended we switch from eating beef to lamb

The overall effect of the unproven and probably unworkable technology to effectively bury carbon dioxide underground would be to double the price of electricity and make us even more dependent on Russian and other imported energy, which already supplies 70 per cent of our needs.
Nevertheless, a mad and ruinously expensive scheme was launched on the European stage. Industries should pay for using fossil fuels, through a ‘tax’ paid on each ton of carbon dioxide produced. Each company would have to buy certificates, known as ‘European allowances’ or ‘carbon credits’ – each representing a ton of carbon dioxide – with surpluses traded as a commodity.
Each year, the total would be reduced and commercial firms, hospitals and even Government offices would have to compete on the open market for enough certificates to enable them to operate.
The theory was that competition for a dwindling supply would force energy users to be more efficient. Instead, commercial users passed on the costs to their customers, with electricity prices rising for the average consumer by as much as £300.
Tens of thousands have been pushed into fuel poverty. Firms that could not pass on their costs moved abroad. Huge tranches of the aluminium industry have disappeared, one major firm having moved to the Emirates in October 2009 – taking 300 workers from Anglesey who had to follow to keep their jobs.
Pro green: Chris Huhne said he wanted to go 'further and faster' when he was Energy Secretary

Pro green: Chris Huhne said he wanted to go ‘further and faster’ when he was Energy Secretary

The madness didn’t stop there. In February 2010, Gordon Brown’s cash-strapped Government spent £60  million on ‘carbon credits’ for Whitehall and other Government offices in the UK, as well as British Nato bases in Europe.
Thus while troops were going short of kit in Afghanistan, the defence budget was being raided to buy carbon certificates.
When he became Prime Minister, David Cameron carried on the theme, promptly declaring that he wanted the Coalition to be ‘the greenest Government ever’.
His new Energy and Climate Change Secretary Chris Huhne added that he wanted to go ‘further and faster than ever before’. Then it was announced that Britain, uniquely, should set a minimum price for carbon credits, instead of allowing the market to decide.
Known as the ‘carbon floor price’ the idea was that firms such as electricity generators would pay £16 per ton of carbon dioxide produced – compared to a market rate of £9 – with the price rising to £70 by 2030.

Announced by Mr Osborne in June’s budget, the Institute for Public Policy Research immediately warned that the policy would cost British industry at least £1 billion and drive manufacturers offshore, while pushing down the price of European permits, giving our EU competitors a generous gift.
And last week, even as Mr Osborne was standing up to deliver his speech in Manchester, Davin Bates, a management accountant at one of Stoke-on-Trent’s remaining successful potteries, was preparing to tell the world how spiralling energy costs – artificially inflated by ‘green’ levies and taxes – were driving energy-intensive companies like his out of the UK.
Particularly affected is the chemical industry, which contributes £30 million a day to the British economy. Major chemical multinationals are now looking to move production to places such as South Africa, India and China. There, under a global carbon credit scheme, we actually subsidise them by giving them credits – which they then sell back to our industries, making huge profits.
I haven’t even mentioned the madness of the wind machines. Subsidies, paid for by consumers, make wind power three times more costly than the normal tariff electricity. But as the pull of the subsidies draws investment away from new conventional plants, the spectre of power cuts looms large.
Caught in this vice of increasing ‘green’ costs and subsidised competition, the manufacturing industries which Osborne hopes will lead the UK recovery simply cannot survive.
Small wonder, therefore, that he bowed to the inevitable and pulled back from the green abyss.
Many believe that Osborne’s conversion is too little too late, but it is some small comfort at least, that we no longer have a Chancellor – or even a Prime Minister – keen to parade his ‘green’ credentials. Perhaps they are beginning to understand that, when the lights go out, all colours look the same: black.
If Britain is to pull itself out of economic crisis, Mr Osborne is going to have to go much further. At the very least, he has to lift this senseless raft of green taxes from industry and the electricity generators.
  • Richard North is co-author of Scared To Death: From BSE To Global Warming – Why Scares  Are Costing Us The Earth.

Read more: http://www.dailymail.co.uk/debate/article-2046961/RICHARD-NORTH-How-climate-change-zealots-wrecking-industry-country-possesses.html#ixzz1aHviKIxk
“In politics, stupidity is not a handicap.” 
Napoleon Bonaparte (1769-1821)

Regards,
Greg L-W.
for all my contact details & Blogs: CLICK HERE  

British Politicians with pens and treachery, in pursuit of their own agenda and greed, have done more damage to the liberty, freedoms, rights and democracy of the British peoples than any army in over 1,000 years.

The disastrous effects of British politicians selling Britain into the thrall of foreign rule by the EU for their own personal rewards has damaged the well-being of Britain more than the armies of Hitler and the Franco – German – Italian axis of 1939 – 1945.

Make your vote count vote:
INDEPENDENT Leave-the-EU Alliance
or Write on YOUR ballot Paper 
LEAVE-THE-EU

Posted by: Greg Lance-Watkins
tel: 01291 – 62 65 62
of: Greg_L-W@BTconnect.com
DO MAKE USE of LINKS & >Right Side Bar<  
Also:
Details & Links: http://GregLanceWatkins.Blogspot.com  
General Stuff: http://gl-w.blogspot.com  
Health Blog.: http://GregLW.blogspot.com  
TWITTER: Greg_LW
 

 Please Be Sure To
.Follow Greg_LW on Twitter.  
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Posted in Climate Change Act 2008, CLINATE Scam, Committee on Climate Change, Daily Mail, European Commission, George Osborne, Richard NORTH Dr., Tony Blair | Leave a Comment »

 
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