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Stanley
Local Historian & Old Fart


36804 Posts
Posted -  11/01/2009  :  06:04
New Year, new topic. If you want to see the old one do a forum search for same title but 2008.


Stanley Challenger Graham




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stanley at barnoldswick.freeserve.co.uk
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Tizer
VIP Member


5150 Posts
Posted - 28/07/2009 : 09:31
The Wilkinson Pension Plan sounds like a good start to me! We have to do something, that's for sure.

The UK Government is in thrall to big business and celebrities because they please the populace with easy-money loans and the promise of lavish lifestyles. This makes an interesting analogy with the anti-depressants and hallucinogenic drugs used by the government to keep the population happy in Huxley's book `Brave New World'. But our government doesn't need to control the population directly, it just lets the corporates and celebsdo it for them. So, are Alastair and Godron simply gullible and unable to control big business, or do they let us think that and secretly let them get on with it?


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Stanley
Local Historian & Old Fart


36804 Posts
Posted - 28/07/2009 : 13:42
It's the modern mode of passing responsibility to someone else. Started with privatisation. Once you've cast it off it's too expensive to regain it because you've spent the money elsewhere and they don't want it anyway..


Stanley Challenger Graham




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stanley at barnoldswick.freeserve.co.uk Go to Top of Page
Stanley
Local Historian & Old Fart


36804 Posts
Posted - 02/08/2009 : 08:06
I'm watching the Human Rights Commission tearing itself to pieces. The consensus seems to be moving towards the fact that it was a mistake to combine three separate strands of human rights protection in one body. Race , religion and gay rights don't sit well together and this seems to be one of the problems. I heard a commissioner say this morning that there were too many arguments between the commissioners about internal divisions. Main thing is that it's doubtful whether it's capable of doing any sort of good work at the moment. Time for a re-think?


Stanley Challenger Graham




Barlick View
stanley at barnoldswick.freeserve.co.uk Go to Top of Page
Stanley
Local Historian & Old Fart


36804 Posts
Posted - 13/08/2009 : 08:01
Ang Sang Su Chi, when does her nightmare end? We have much to be thankful for in the UK and would do well to guard it.

Did anyone listen to Evan Davies trying to get an answer out of Mandlespin yesterday? A brave effort but he evaded every direct question  and at one point turned on Evan and accused him of being cynical. I've got news for you Peter, anyone with any critical faculties at all is cynical about everything you say. I wasn't going to comment but hear this morning that even right wing papers are criticising his patronising and dishonest attitude. This sort of thing symbolises all that is rotten in politics at the moment. He's all right Jack and the rest of us must be patient and not bother our 'masters' with embarrassing questions.

Alan Duncan. I saw him a while ago on Have I got News for you and wondered about his attitude. He has been caught being loose-mouthed again on film. Is this his real private opinion? That MPs are badly done by, on rations and suffering? Time he and others learned about the real world. How does all this play with people facing the realities of the depression and watching it get worse by the day? Forget optimism on the stock exchange and in the banks, this is not where the action is, it's on the streets of small towns like Barlick where ordinary people are feeling the squeeze gradually tighten with no sign of any relief.


Stanley Challenger Graham




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stanley at barnoldswick.freeserve.co.uk Go to Top of Page
frankwilk
Senior Member


3975 Posts
Posted - 13/08/2009 : 08:30
I believe one thing that Duncan said,  and that is how do you attract the best, not with an MPs salary that's for sure.
The other thing that caught my attention was all these ministers coming on the box at the moment, never heard of any of them before must be third string.
I would love the Mandleson thing to backfire on Godron which I am sure it will do one day soon.
I really find the man creepy and un trustworthy (and I am not homophobic )

Is the solution to MPs whinging 
Less of Them.
Higher Qualified.
Higher Paid.

Edited by - frankwilk on 13/08/2009 08:33:38 AM



Frank Wilkinson       Once Navy Always Navy Go to Top of Page
Tizer
VIP Member


5150 Posts
Posted - 13/08/2009 : 11:13
Yes, I heard Mandelspin and cringed. Mrs Tiz shouted "What a cow!" The fact that Godron brought him back tells us all we need to know about Godron.


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Stanley
Local Historian & Old Fart


36804 Posts
Posted - 13/08/2009 : 16:43
A woman of quality is that Mrs Tiz........


Stanley Challenger Graham




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Stanley
Local Historian & Old Fart


36804 Posts
Posted - 15/08/2009 : 06:49

SENILE PARANOIA?

I must be getting old. I find myself looking at current situations, seeing what I believe to be gross flaws in policy and detecting no signs that anyone shares my views. Is this a function of the media and the ‘communicators’ of this world or is it simply a sign that I am becoming detached from the main stream and what I see as wisdom gained by experience is actually senile paranoia.

I noted the euphoria this week when the French realised that there was a miniscule increase in manufacturing activity, I think it was one third of a percent and immediately announced that the recession had bottomed out. (I would have thought that the prudent thing to do was wait until a trend had been established, how accurate is a figure as small as this?) At the same time the UK manufacturing sector is still shrinking but by much larger amounts.

My understanding of the basics of economics is that wealth is created by adding value. This applies right the way through human activity, a farmer plants a seed and it multiplies, smoke stack industry takes raw materials and adds value, whether it be making cans or building ships, the medical profession uses capital inputs to cure human ills, surely an added value.

Contrast this with the profits made by the banks in their investment arms which have ensured that despite the economic indicators for the base economy still being in free fall many of them have announced enormous profits. Is this adding value or gambling?

There has always been a need for a system which ensures that capital flows in the system to support the business of adding value. I regard this as the core purpose of having a banking system and in its own way this is as much part of the value-adding process as planting a field or running a machine tool. My problem is that I cannot see how the shuffling of pieces of paper to make profit from the vagaries of the market is in any way a value-adding process.

Surely the situation would be clearer if there was a clear division between core banking and gambling. What is being reported is the overall profit and not the losses being made in the banks and at grass roots level. The number of bankruptcies and repossessions of houses is increasing, unemployment goes up, we see more and more empty shops on the high street. Where are the grounds for optimism?

I said right from the start that supporting the banks and in effect rewarding them for failure was a mistake. If money was going to be injected into the economy it should have been directly into the core activities like construction, large infrastructure projects and supporting existing manufacturing industry. The multiplier effect of the capital passing through the economy would vastly increase its effect, skills and manufacturing assets would be preserved ready for normal trading activity and people would be kept in work and earning money.

Instead we have seen an enormous sum of money pulled out of thin air and thrown at the top of the food chain. They invented a new name for it, ‘Quantitative Easing’, in other words printing money. I always though that this was the route to damaging inflation. Common sense seems to dictate that something as easy as this cannot be the answer.

So, my fear is that all we have done lately is support the system that allowed us to get into trouble in the first place. Bonuses to traders are the headline and quite rightly so but the underlying problem is that we allowed an enormous structure of debt to be created and as far as I can see, this position has been made worse. In round terms we started with £1trillion of personal debt on credit cards and added another £1Trillion in bail-out money. Have I got this wrong? If this is the case we are using the same tried and trusted methods that got us into this mess in the first place to try to rectify the situation. Can you see why I am worried?

SCG/15 August 2009


Stanley Challenger Graham




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Stanley
Local Historian & Old Fart


36804 Posts
Posted - 17/08/2009 : 05:40
There is an estimate that a fifth of graduates this year will be unemployed by the age of 21. Worries are being expressed that we are in danger of having another bunch of kids who never get into the work habit after schooling, shades of Thatcher's Children!


Stanley Challenger Graham




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frankwilk
Senior Member


3975 Posts
Posted - 17/08/2009 : 08:22
I think Mark and Carol both did OK for themselves !!!!!! Just goes to show no matter how much money a Socalist Goverment pours into this or that scheme it just dosen't  work. I think the reason for graduates not finding jobs is that we have to many graduates and not of the right type.



Frank Wilkinson       Once Navy Always Navy Go to Top of Page
Stanley
Local Historian & Old Fart


36804 Posts
Posted - 17/08/2009 : 08:33
You're joking aren't you? Suppose there was a shortage of jobs for the not so privileged. Anything to do with that?

Some of you may remember me writing a piece earlier this year when I forecast that the burgeoning expenses scandal in Parliament was the result of a larger shifting of the tectonic plates of politics and our institutions.

I may have been closer to the truth than I thought. I heard this morning that a group of MPs and some union leaders are promoting the establishment of a High Pay Commission along the lines of the existing Low Pay Commission. The reason given for the need for such a body is that it has become obvious that the prospect of virtually unlimited reward was one of the factors that drove the financial industry to get into more and more questionable investments driven by the chance of short-term profit and subsequent high bonuses. This is the first time I can remember when pay at the top has been cited as a damaging factor rather than pay at the bottom of the wage scales.

I have puzzled for years over the paradox that high wage economies such as the US seemed to manage perfectly well whereas in this country for years a low wage policy was pursued combined with a low food cost derived from Empire trade. I could never see how a working man’s wage could be a threat if they had more to spend. At long last it looks as though the higher end of the pay scale is coming under serious scrutiny with things like the ratio of highest wages and lowest in an organisation being examined. There is also talk of a special bonus tax of perhaps 90%.

It remains to be seen whether this comes to anything. Expect howls of anguish from the higher echelons. All I can say at the moment is that it is an encouraging sign and perhaps indicates a long term trend.   


Stanley Challenger Graham




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stanley at barnoldswick.freeserve.co.uk Go to Top of Page

frankwilk
Senior Member


3975 Posts
Posted - 17/08/2009 : 08:42
Stanley which bit do you think I'm joking on ??? 
Mark and Carol have both done OK
Highest Youth Unemployment in years. 
I Have listened to Godron promoting Appenticeships etc , back to work schemes ,it dosen't appear to be working ( pun )
Wrong Type of Graduates
That has got to be  right,, otherwise they would find work in Industry. 



Frank Wilkinson       Once Navy Always Navy Go to Top of Page
HerbSG
Senior Member


1185 Posts
Posted - 17/08/2009 : 09:40
For years we have trained  and educated people for jobs that have disappeared by the time they graduate.  Suddenly we have too many nurses or teachers or lawyers..A few years ago there was a shortage of exotic dancers in Canada so we allowed many pretty eastern european gals to jump the immigration waiting list.  Our universities are a play ground for a lot of kids who go because its relatively cheap and a great place to party, on graduation probably half of them do not make productive use of the education.


HERB


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Stanley
Local Historian & Old Fart


36804 Posts
Posted - 17/08/2009 : 16:41
I can't help thinking that the shortage of jobs has something to do with unemployment. Perhaps I'm just too simplistic.

I note that the highly paid don't need to scream in anguish, Little Darling has done it for them. He says that senior salaries should be left to market forces. I thoght that it was the huge incentives that fuelled risky shor term investments? Too simplistic again.


Stanley Challenger Graham




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stanley at barnoldswick.freeserve.co.uk Go to Top of Page
HerbSG
Senior Member


1185 Posts
Posted - 17/08/2009 : 22:29
Immigration here has a big effect on the shortage (for now) of entry level jobs and the return to the work force of women, since there is still discrimination towards both groups at the pay scale point.  All forecasts for Canada say that within 5 years there will be massive shortages of skilled trades people, despite the fact that each government in turn rant on about preparing the workforce for just that.

Much of the unemployment here is due to the auto industry slowdown, Ontario production of new vehicles had gotten ahead of Detroit.  When you chop thousands of autoworkers, multiply that by 5 for the rest of the ripple effect.  Autoworkers with years of experience at doing, in many cases one task, left a lot of unskilled workers who had been over paid, out of work.  They then hold out looking for non-existent jobs paying the same money, while the government talks about retraining.


HERB


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