Monday 23 April 2012

Out with the old...

Boris will be Mayor of London
The Telegraph reports
"The Conservatives are reeling from a series of political setbacks, many of which have their origins in last month’s controversial Budget, while their coalition partners, the Liberal Democrats, are expected once again to pay a high price for coalition unpopularity. 
Labour should be taking full advantage of the Government’s mid-term blues, but despite healthy opinion poll leads, Ken Livingstone looks set to lose to Boris Johnston in London’s mayoral poll - while the party is also under threat from the Scottish nationalists north of the border. 
As well as two other mayoral votes (in Liverpool and Salford), 10 cities will be staging referendums on whether to have mayors. Some 5,000 council seats in 180 councils will also be up for grabs on 3 May."
Recent elections around the world have shown that there is a deep dissatisfaction with the established parties.

In the United States Business Insider Reports that the Republican party is being 'taken over' by a younger generation who are committed to Libertarianism.

In the recent French Elections the Front Nationale finished a strong third with around 20% of the vote and extreme left winger Melenchon achieving over 10% of the vote.

The Dutch government resigned today over austerity talks and in Greece, Portugal, Spain and Ireland there is practically rebellion. It cannot be long until Germany picks up the Euro football and walks off the field leaving France, Portugal, Italy, Spain, Greece and Ireland to enjoy the consequences of their profligate government spending and social welfare programs.

This is the legacy that seventy years of 'cradle to grave' welfarism has left to Europe, a generation of individuals who feel entitled to live off the state and an aging population who are expecting the younger generation to support them. Meanwhile the government is slowly eroding the value of pensions, benefits and wages by ignoring the blossoming inflationary pressures on the costs of basic necessities.

The problem for the UK is that there is no alternative to the three main parties, and everyone is reminded of that continuously, my prediction is for low turnouts but I hope to see a move towards the Libertarian UKIP and the Green parties.

We in Jersey know that when there is nothing to vote for, people don't vote.

3 comments:

  1. It isn`t easy to understand in the first moment,why Germany should leave the EU currency zone and the country with the most financial debt may stay...! I tried to find out,what the advices of Germany`s bankhouses are:
    YES,-Germany should leave the EU currency zone.`Cause after Greece also Spain wants financial help-especially of Germany.And if Germany stays in,then it has to pay them the most money,-which then the German Bundesbank has to take away from each German money-saver.Explain "this" necessarity to the average money saver....-unpossible! I red the advices of the DEUTSCHE BANK,- COMMERZBANK,-SPARKASSE,-and they all meant:Germany should leave the EU currency zone. What probably happens next? Following szenario could happen : that also Netherland,Austria and Finnland will follow Germany ,-and France as well. WHO WILL AND WANTS then help Greece,-Spain,-Portugal and Italy ? I`m not afraid of Germany`s fincial future and economy after leaving.I would be more worried if we stay in.What would happen later:Will Germany be able to pay the pensions to the Elderly ? Ask german people,who knew the former food prices,-about the food prices since we have the Euro : 1 Liter milk was 0,99 DM and then at the first year of Euro it costs 0,99 Euro( = 1,98 DM) Nowadays milk costs 1,19-1,39 Euro.This also happened with other kinds of foods. I think,each Country/Nation has the duty to think first on their own citizens and second to Others.

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  2. Germany is the nation which is out of step with the rest of Europe in a financial sense (well let's say Norway, Sweden, Denmark, Netherlands, Luxembourg could also move out of the Euro with Germany to form their own 'Nordic Euro').

    The Euro will then de-value and so the obligations of the PIIGS nations will also de-value.

    If Greece leaves the Euro then everyone in Greece who has Euro debts will be impoverished,whilst German exports may suffer at least anyone who has Euro debts in Germany will benefit from the increase in the value of the 'Nordic Euro'

    I would not worry the country which will suffer most is the United Kingdom which not only has private debt of around 450% of GDP but is economically dependent on the very industry which is about to go bang... the finance industry.

    Britain is the country most desperately in need of hyper-inflation.

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    Replies
    1. Although Great Britain is not a 100% member of the EU currency Zone,-
      but Great Britain is our=Germany`s 100% next neighbour. I cannot imagine ,that Germany will not help you in any way,
      if it becomes terrible worse in your country.
      Neighbours should help each other .

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