Re: Greek riots - a convincing explanation


On Fri, 12 Dec 2008 03:13:31 +0100 'abelard'
wrote this on uk.politics.misc:

On Thu, 11 Dec 2008 22:14:31 +0000, aracari
<spamtrap@xxxxxxxxxxxxxxxxx> wrote:


On Thu, 11 Dec 2008 21:34:37 +0100 'Lou Ravi'
wrote this on uk.politics.misc:

Mel Rowing wrote:

It's not that! Personally I don't think Brown has a clue or ever did
have but he has this cultivated reputation for financial management
and it cannot be denied that under his stewardship the UK prospered
for over 10 years.

But where's the harm in that fundamentally? If the country has had ten
years of good times and as a result has to suffer two of bad that is
still a fat 'profit'.


But the country is not a person, and those who have benefited in
10 years of Brown's ponzi scheme are not always the same ones
who will suffer to sort it out.


the heavy inflation driven by the clown makes it a bit
crazy for people to save....

Many people with savings have little other choice. They live on
the interest from their savings to supplement pensions etc. These
people are now seeing the returns fall dramatically, perhaps by
2/3rds in one year. Those suffering most are the poorer people.

anyone alert in inflationary times can only protect themselves
by borrowing and not holding money....

Same issue. Retired and people are often not in a position to
borrow.

for the last 3 years you would have needed going on 15 percent
just to protect your savings let alone make a useful profit....

That sounds about right w/r/t consumer inflation.

the clown is far more implicated in the current uk crash that
most people understand...

and his answer is clearly still more inflation.....

Inflation is the oldest trick used by govt to deflate the value of
its debt. Looks like that's what Brown is planning again. To hell
with the millions who'll be impoverished by it. Also, if consumer
inflation rises, we'll have the unions on the streets again and
possibly that call to the IMF may become necessary...

the clown is wholly dependent on corruption and secrecy.....
that requires a supine and uneducated population....

hence the client state and no serious economic education
in schools

Mushroom management!

--
socialism is like chronic heart disease ...
you may not know you suffer from it, but it'll kill you in the end.

"David Davis For Freedom":
http://www.daviddavisforfreedom.com/
....the battle against totalitarian 'database Britain'
under Gordon Brown's NooLab socialist government.
.

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