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Philo and Sophia

Debt - The Elephant In the G20 Room


by Ian R Thorpe.

Forget the trouble in Syria or the brewing global conflict, the real problem still, the one all globalist politicians and New World Order financiers are trying to gloss over is debt. And it is gretting worse. Like as frog on boiling water the population are being lulled into an illusion of security so we will all be complicit in our enslavement. It is time to wake up.

Debt - The Elephant In the G20 Meeting Room

by John de Roe

[an error occurred while processing this directive] RELATED POSTS:

The True Debt Disaster America Faces - Only A Fraction Of Government Debt Is Known To The Public
Politicians and the media talk about the $17 trillion debt the US Government owes to creditors. They are lying, the $17 trillion is a fraction of what america owes. The real figure is $200 trillon. And Obama's loonytoons economics are driving that up at an accelerating rate.

Things That Make You Boggle ... Like The Misplaced Confidence Of Academics
Why are economics academics always so sure that their predictions are correct. Given the abysmal record on economists on calling the economic trends correctly even after they have happened let alone ahead of the trend, you would think exponsents of the dismal science would be a little more cautious in proclaiming their gusses as evidence backed facts. They never seen to learn however.

Miliband Promises Same Old Shite - Not A Word About Action Against Paedophile Sex Gangs
Labour leader Ed Miliband's keynote speech at the Labour Party conference woyuld have to be the best speech of his life if he hoped to be Prime Minister after next years election, the consensus of opinon said. Ed's friends and opponents awaited the speech with very different hopes and expectations. in the end as Ed dodged the bg issues, the economy and debt, law and order, immigration and Europe, it was probably his enemies who were happier.

The Folly Of Trying To Inflate Away DebtAs the debt crisis grinds on and the creit crunch mutates into the credit famine the clueless politicians and even more clueless economists and academics who advise them can only think of one course of action. That is to inflate away their debt problem by devaluing currency to the extent at whic a bag of potatoes or wheat grain costs $£€ 1 trillion. Inflation is the cruellest tax, destroying the savings and pensions of sensible people and rewarding irresponsibility.
Feeding The MonsterAs Spain's economy nears collapse and economists call for Europe's taxpayers to stump up still more money for a bigger bailout fund to save bankrupt nations, The Daily Stirrer economic expert under his new nom de plume explains why efforts to save the Euro are throwing good money after bad.
UN Panel Says Redesign The World Economy For SustainabilityPoliticians can phrase their press communiques in fine words and soaring rhetoric but in the end they cannot disguise the fact that their latest initiatives on saving civilizartion are just another thinly disguised move towards global government, a global economy and culture the suppression of the individual and a New World Order.
Why hasn’t quantitative easing worked for the UK economy?Ministers of the Coalition government have waxed lyrical about how the UK economy would avoid another recession and start to grow this year, or at least stagnate. But according to the Organisation for Economic Cooperation and Development (OECD) we are going to enter another recession on April’s Fool Day. The Daily Stirrer told you this was inevitable of course.How the government get it as wrong as their ...
California: The Global Capital Of CrazyCalifornia has long been known as the global capital of crazy. Every stupid, solipsistic, acid dropping, dope smoking dickhead in the world is welcome there and every bad idea will find an enthusiastic following. California's economy depends on high tech industries. And yet people are prepared to put money into promoting a return to pre - steam, eco friendly technologies. ...

Federal Exchange Ignores The Goal Posts, Moves The Stadium.
The US central bank, the Federal Exchange, in calling for another round of stimulus is operating a policvy of devaluation by stealth. Meanwhile the international finance community and global government agenda people like the EU commission and the Bilderberg group, while supporting the Fed are moving on a more sinister agenda.

The debt threat to civilisationJapan's Triple A credit rating has just been downgraded, that of the USA is looking a long way short of secure.What is going on in the world of finance when economic powerhouses like these are in trouble? Is the continuing financial criis and the threatened meltdown in the bond market just a knock on effect from 2008's problems or is something bigger going on?
The Greek Bail Out Deal Humiliates Greece Without Solving Anything
A "strictly confidential" 10-page debt sustainability report commissioned for yesterday's meeting of eurozone ministers has been leaked to the media. The document concludes that the austerity measures being foisted on Greece in order that the indebted country can receive a €130bn bailout, are quite likely to prove self-defeating, in that the austerity, by further weakening the economy are likely to cause the sovereign debt to ...
The Greek Mess, Germany and A Final Solution?

As European Leaders meet to discuss their latest wheeze to save the single European nation project by continuing to deny that the Greek economy is FUBAR, The Daily Stirrer again argues that the global economic crisis will not be resolved until politicians and economists understand the basic rules of finance like 'Don't spend money you haven't got.
Greece Burns As Parliament Chooses EU bailout over democracy.
The Greek parliament yesterday approved a austerity bill to secure a second $130bn (£110bn) bailout and avoid a messy default despite almost universal hostility to the measures that will be required by the EU. After a day of rioting and street battles between police and protesters which left Athens in flames the bill was passed by 199 votes to 74. The news triggered some of ...
Are We Sacrificing The Future To Save The Euro Is it really worth sacrificing the euro to save the future as our leaders seem to believe. Or is there another agenda in which us ordinary punters were never going to have a future anyway?

Old Wounds Fester As Cameron Warns Of New Crisis
The world teeters on the brink of a the economic abyss as a new crisis gathers strength like a hurricane depression formong over the mid Atlantic. The crisis, if it tuirns into an economic hurricane, to sustain the metaphor, would leave countries like Britain staring into the void, David Cameron has warned. The Prime Minister said that the failure of leaders in the US and Europe to ...

EU Leader Gives Germany An Ultimaturm: Act Now To Save The Euro
The president of the European Commission and leading proponent of a single global government, Jose Manuel Barroso, issued a stark warning to Germany yesterday that eurobonds could be the price of preventing a break-up of the single currency. Addressing the European Parliament, Mr Barroso said the Commission will "soon present options" for the introduction of a common European debt union ...

Germany Rebels German taxpayers have rebelled against bail outs for basket case nations. Will Frau Merkel dump the Euro or will her government coalition fall? "
The Curse Has Come Upon Me Cried The Lady Of Threadneedle Street Has the Lady Of Threadneedle Street cried 'The Curse Is Come Upon Me?'Economic news suggests the debt crisis in the western nations means the economy of the developed world is FUBAR.
Bank Of England To Print Money To Avoid Recession
Monetary policy policy-makers at Bank of England have unveiled plans to inject an extrat £50bn of stimulus money into the economy in an attempt to avert a second recession. Before we go on to look at how much harm this wil;l do there are one or two things that must be understood. When we talk about printing money in a modern economy it is not simply a question of buying paper and printing ink and setting up the presses ...

Getting Naked In The Financial Markets
If you've heard of hedge funds and toxic debt you might well think these are the most evil manifestations of the financial markets that plunged our economy into the abyss. Unfortunately there are far more fearsome demons, arbitrage, short selling and naked short selling. Anyine wanting to know how insane pertsonal gred has made the people who are supposed to prudently invest our savings and pension fund money in currency, bond, commodities, stocks or any other financial market this is a must read.
Inflation TaxInflation is the cruellest tax, it hits the cautious, prudent and hard working, rewards the feckless, reckless and downright foolish. We have a bout of inflation under way, engineered by governments to reduce their unsdustainable levels of debt incurred in the business of buying otes to stay in power. What will be its effect on ordinary people?
Financial AlchemyFor three decades it was alchemy. Banks and corporations pullede off the equivalent of turning lead to gold by turning liabilities to assets and then using those very dodgy assets to secure loans. It could not last of course, sooner or later someone was bound to work out how the illusion of turning debt to wealth was performed. Find out how here...
Financial AlchemyFor three decades it was alchemy. Banks and corporations pullede off the equivalent of turning lead to gold by turning liabilities to assets and then using those very dodgy assets to secure loans. It could not last of course, sooner or later someone was bound to work out how the illusion of turning debt to wealth was performed. Find out how here...
Obama Deficit ReductionWe hear that America's AAA credit rating is likely to be downgraded because the Obama administration has embarked on a courseof increasing its public sector deficit and national debt rather than taking steps to reduce its debt burden. Bit at least some member of the Obama administration seem to have got the message that debt reduction is more important than Obie's beloved vanity projects.
The Arrogance Of Ecomonists And The Stupidity Of PoliticiansDon't you just love the arrogance of economists and their detatchment from anything remotely resembling reality. They're all scum sucking crackfarts, they really are. Little Nicky Machiavelli has said this many times and here's a mainstream journalist taking up the theme in response to an economics academic who says that anyone who does not have a PhD in economics should not be allowed to express an opinion on the subject as only...
even as Labour splits into tiny factions including the "old left" the traditional party of the working class, the people with traditional Labour values who recognise there are no magical solution, the "progressive left", the kind of people my colleague Ian Thorpe refers to as The Politically Correct Thought Police, who are currently working themselves into a frenzy about
When The Cutting BeginsAs the coalition settles into its new job and the words of former chief treasury secretary Liam Byrne, 'There is no money left' reverbrate how will the new team set about reducing the deficit and mountian of debt, creating jobs and sorting out the financial mess left by Labour?
No Real Jobs In The New EconomyGordon Brown's Labour government and the failing Obama administration in the USA, feeling power slipping through their fingers, are trying to lull people into a false sense of security with claims the 'green' and the 'digital' economies will restore prosperity. This as a blatant lie, nobody needs a PhD in economics or Social Science to understand that the "new economy" of green businesses and digital commerce will destroy not create real jobs...
The Real Unemployment FigureNew unemployment figures released yesterday show unemployment fell by 0.1% in the three months December to FebruarY. Contained in the figures was a statistic that undermines government talk of an economic upturn. This is the number of people in work. Headline unemployment has fallen the number of people in work has also fallen. What's going on?
Bond Villain Targets Britain's Future by John De Roe.Bill Gross, the world's biggest bond investor might have voted for Obama hnd has some sympathy for Labour because they talk of creating jobs, but he thinks the British economy is in worse shape than anyone is going to admit and is quite willing to take advantage of our vulnerability."
The Jobless EconomyPoliticians, economists and others with an interest in talking up the economy to get us all spending and taking on debt and mortgage loans again may rave about recovery. With our industrial base so depleted where will the jobs come from that we need to lead a recovery?" They may call it fiscal prudence, we call it loonytoons economics...
Interesting Times - Which Way Will The Global Economic Crisis Go In 2010?Which way will the economic crisis go in 2010? Cracks are apearing in the Europen Single Currency scheme and China which has massive holdings of US treasury bonds is making unhappy noises about the dececits being run up by the Obama administration as they pursue loonytoons economic policies...
Chancellor Darling's PBR Cancels Christmas And The FutureBoth the USA and Britain are in a debt crisis that dwarfs the catastrophe of climate change. Other developed nations are crippled by debt and their Public Sector Borrowing Requirement but not completely hamstrung yet. Read how government borrowing by means of selling bonds to finance out of control public spendingis dragging us into the abyss.
The Dollar Is Sinking - Man The LifeboatsAs The Daily Stirrer predicted recently the position of the $US is under attack. Last week a sustained slide in the value of the currency was halted by the smaller Pacific Tiger economies, Singapore, Malaysia, Hong Kong buying up Dollars that were flooding the markets. So whay is going on and how will it end?
by Ed Butt: 25 October 2009
The Economy Of The Living DeadThough governments talk about recovery we are stuck in the economy of the livind dead, the global financial system as become a zombie. Is there any way out?
CREATIVE COMMONS: Attribute, non commercial, no derivs.
KEYWORDS: euro, europe, single, european,currency, finance, economics, economic, debt, inflation, germany, mexico, g20, IMF, bailout, britain, france, libya, daily stirrer, ian thorpe, ianrthorpe

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Two cured in US, Spain, as Ebola crisis widens

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Ebola fever has landed in America and predictably sparked panic (see headline). The question evert=yone asks is: "How much danger are me and my family in." The questions they should be asking are: "Why does the US Government Department Of Defense hold a patent on the Ebola virus; and: Why has a team from Tulane University and the US Department of Defence biological weapons research project been experimenting on the Ebola virus for several years?

Surveillance Society Ever had that feeling you are being watched, unseen eyes are monitoring your every move, recording your every action, even knowing what you think. We live in a surveillance society but few really understand how intrusive the activiries of the watchers are. Welcome to the Panopticon. Jeremy Bentham's ideal prison has become a metaphor for the world we have created.

New Global Crisis Imminen, New Geneva Report Warns The Geneva Report refers to a “poisonous combination of high and rising global debt and slowing nominal GDP [gross domestic product], driven by both slowing real growth and falling inflation”. The total burden of world debt, private and public, has risen from 160 per cent of national income in 2001 to almost 200 per cent after the crisis struck in 2009 and 215 per cent in 2013. “Contrary to widely held beliefs, the world has not yet begun to delever and the global debt to GDP ratio is still growing, breaking new highs,” the report said.

Farage Reckless Facing Rabid Left Wing Fanatics
Following the defection to UKIP of Conservative MP Mark Reckless, who yesterday shocked the media and political establishment (everyone else knew it was on the cards.) by announcing his switch from con to Kipper from the podium at the closing session of UKIP's conference, the Kippers latest recruit and his new leader yesterday faced angry but ineffectual protests

Vaclav Klaus, the free world's last honest politician: the West’s lies about Russia are monstrous.
There are few people in politics who will say in public the things that really think, thanks to the hypersensitivity of the American political establishment and their enthusiasm for bombing the crap out of anyone who upsets members of their anointed minorities. Its refreshing then to learn of comments made by veteran Czech Republic leader, putting the boot into the cowardly mealy mouthed sum who pass for conservative and libertarian politicians in the English Speaking countries.

Why Do Government Information Technology Projects always Screw Up? Because Everything Governmrent Touches Becomes Political
While scientists burble excitedly about the internet of things, computer-brain interfaces that will enable the government to control us from data centres, creating human / computers hybrids and other science fantasy rubbish as if any of it stands a chance of becoming reality, government Information Technology managers, with almost unlimited resources at their disposal, can't even manage to cobble together a simple database and search routine. The failure of the e borders project is the latest in a long line of screw ups.

Ukip takes on free market corporatists: Britain's immigration debate gets interesting
Immigration was the subject of the big debate at UKIP's conference in doncaster today. With the Rotherham paedophile scandal which involved Muslim men in the immigrant community abusing young white girls as open sore in South Yorkshire politics at the moment the topic was long overdue for serious debate. One of the reasons the Rotherham scandal happened was the politically correct left scremed racism whenever issue was raised. Immigrants are not above the law.

The Third Gulf War Has Started - Should Britain Get Involved
For the third time in twenty five years a British Prime ~Minister has led the nation into a war in Iraq. It's understandable that Iraquis might be a bit pissed off with us. This time the threat is not a brutal dictator like Saddam hussein or Muammar Gadaffi, the Libyan leader we helped depose, but Islamic State, a concept, an idea, but also a rabble of bloodthirsty maniacs funded by European and American money, aremed with European and American weapons and trained by European and American 'military advisers.

War In Iraq? Lard Bombs Away (SATIRE)
As usual Boggart Blog is totally against Britain becoming embroiled in another sectarian conflict in the middle east (the theme tune of which will be I Hate You Babe by Sunni and Shia.) But rather than send our clapped out, thirty year old warplanes to fire rockets and heavy calibre cannons and drop bombs on the IS, bearing in mind these guys are all fundamentalist Muslims we have a better idea. We can beat the Islamic State without shedding HUMAN blood.

Derbyshire Chief Constable Claims He Was Forbidden To Arrest Former Labour Minister Or Search His Home">South Yorkshire Police Commissioner Shaun Wright Finally Resigns Over Rotherham Child Abuse Scandal
Police chiefs blocked a paedophile probe into a top politician 25 years ago, one of the country’s most senior officers said yesterday. Derbyshire Chief Constable Mick Creedon was serving as a detective sergeant in Leicestershire when allegations surfaced against Labour MP Greville Janner in 1989. Mr Creedon said he was ordered to limit his inquiries into the MP, now Lord Janner of Braunstone.

Disaster Dave's Latest Screw Up On The International Stage
Tomorrow (26 September, 2014) the UK Parliament will meet to vote on whether Britain should support Prime Minister David Cameron and US President and Warmonger - in - Chief Barack Hussein Obama in launching yet another war in the middle east, this time against the forces of the Islamic Caliphate, a fundamentalist organisation set up by groups funded armed and trained by the USA and its allies in their quest to overthrow the regime of Bashar Al Assad in Syria.

War In Iraq: Confused? You Will Be
I'm always a bit wary about referring to The Daily Mail because mere mention of that rather sensationalist but immensely popular newspaper (compare its circulation figures with those of The Guardian or The Independent) is likely to attract a Two Minutes Hate session from Britain's biggest fascist movement,

Love Like Chains (poem)
There are needy lovers and there are controlling lovers (the lovers in my case have always been female but I know men fall into these categories too). They often seem to be modelled from the same clay. Having always been self contained person who liked to stand apart from the crowd I have never did very well in love affairs with either type. This poem is not adressed to a specific person but an amalgam.

Miliband Promises Same Old Shite - Not A Word About Action Against Paedophile Sex Gangs
Labour leader Ed Miliband's keynote speech at the Labour Party conference woyuld have to be the best speech of his life if he hoped to be Prime Minister after next years election, the consensus of opinon said. Ed's friends and opponents awaited the speech with very different hopes and expectations. in the end as Ed dodged the bg issues, the economy and debt, law and order, immigration and Europe, it was probably his enemies who were happier.

In Praise Of Sluts - Tits Out For The Boys Miley
In the last 24 hours both Marianne Faithfull and Jacqueline Bisset have criticised today's young women for dressing provocatively, the teasers for a story in today's news said.
Marrianne Faithfull, no slouch in the sluttiness stakes herself back in the 1960s but to a teenage male all the more appealing for that (I still get a little tingle when I look at a Mars Bar), told ITV News that Miley Cyrus, Rihanna and other good looking young pop tarts are, quite simply, sluts. She gave her reasoning thus:

'There is Only One Planet': The Bemusing Claims of London's Climate Warriors
Apparently blissfully unaware of their hypocrisy, marchers have left placards emblazoned with complaints about the government and environmental issues strewn around on the pavement. The thousands of left-wing activists who descended shouting and stomping through London’s streets no doubt moved on to bars, restaurants or their homes to smugly congratulate themselves on having done their bit for Mother Nature, unsurprisingly not only expecting other people to pay for everything they demand,

A Bunch Of Self Obsessed Air Heads Only Interested In Publicity
The headline sums up some of the speakers or yesterday's climate change protest in London. But we know scientists are vacuous wannabe celebrities. The surprising thing was the showbiz and media luvvies showed themselves even more stupid and out of touch with reality. Take Emma Thompson. A fine actress but we should remember her job is pretending to be somebody else. and having spent most of her life pretending to be somebody else, when ...

Nationalism the new target for left wing screechers
The screechers have a new target for their hate, Nationalism. OMFG, I am sick of seeing on Facebook and other Sheeple sites posts from the army of bandwagon followers condemning nationalism. Hate attacks on Andy Murray because he voted Yes for Scottish Independence were deplorable, the bloke is entitled to his opinion FFS. The lefties hater did not stop there however, attacks on his mother are just disgusting (but entirely typical of the Labour voting, free speech hating, all-things-British loathing, bourgeois left scum.)

Rotherham Childcare Chief Quits Over Mass Sex Abuse Scandal

After weeks of mounting pressure and in the wake of resignations by council political leaders and senior exectutives and also of the recently elected Police Crime Commissioner for the scandal hit town, Joyce Thacker the head of children's services at Rotherham council has finally quit. Following the revelation of a massive cover up by elected representative, police and care professionals who went to considerable lengths to avoid acting on allegations of organised sex abuse gangs consisting mostly of

GCHQ employs more than 100 dyslexic spies. So what?
A lot of people in comment threads seemed eager to get their knickers in a twist this morning about a story headlined: GCHQ employs more than 100 dyslexic and dyspraxic spies. The story tells how the government snoopers intelligence agency down in Cheltenham uses dyslexics' ability to analyse complex information in a 'dispassionate, logical and analytical' in the fight against terror.

Obama administration ‘blocking' information from the press
Uncovering information that should be available to the public has become increasingly difficult under the presidency of Barack Obama, an Associated Press bureau chief says. In some cases, it surpasses the secrecy of the George W. Bush administration. The White House's penchant for secrecy does not just apply to the federal government, according to AP's Washington bureau chief, Sally Buzbee.

An Interesting Perspective From Across The Pond On The Scottish Referendum Result
The almost inevitable accusations of fraud and vote rigging are beginning to emerge in the wake of the Scottish independence referendum. Surprisingly the likely culprit most fingers are pointing at is not the SNP, leaders of the YES campaign or the Westminster government which wanted to avoid the embarrassment of a no, but the Euronazis in Brussels whose plans for a single European nation would have suffered from a YES vote.

Submerged forests' drowned by ancient climate change revealed by 2014 storms.
Here's yet another smack in the mouth for those smug, condescending scientists who talk down to the rest of us. Far from being a new thing, climsste change was affecting the environment at the beginning of the Bronze age. How many fossil fuel burning power stations did the beaker people have then, and how many Chelsea tractors were tearing up and down the ridgeways?

1000 Scientists Break Ranks On Global Warming - Laugh? I Nearly Shat
You've all heard from members of the Church Of Scienceology Cult about how there was total consensus (despite a lack of empirical evidence) that the planet is warming so rabidly there are now no ice caps at either the North or South Poles, that the last polar bear perished when someone ate its Fox's Glacier Mint and that there are now ...

How To Be Totally Uncool (By TryingTo Look Cooler Than You Are)
Many of the 4700 people camped outside the Apple store on New York's 5th Avenue in the picture above are unemployed (and very likely being paid cash in hand by others to queue for days). Few, if any, among either the campers or the buyers will spend $3,600 for a "gold" iPhone like someone in China just did. But those who are buying will gladly pay ...

South Yorkshire Police Commissioner Shaun Wright Finally Resigns Over Rotherham Child Abuse Scandal The man who bears most responsibility for failure to investigate the Rotherham child abuse scandal has finally resigned after three weeks of excuses and evasions. Police Commissioner Wright has been under pressure ever since a report by Prof Alexis Jay (see below) revealed a huge level of child abuse in the South Yourkshire town of Rotherham. The organised sex crime rings had been operating for ...

UKIP MEP Received Death Threats After Criticizing Rotherham's Labour Council Council Over Sex Abuse Scandal Jane Collins, the UKIP Member of the European Parliament for Yorkshire, has been speaking out about the failure of the senior police officers, the social services department managers in Rotherham and leaders of the Labour controlled council all of whom failed to act on allegations that groups of mainly Pakistani men were carrying out the organised sexual abuse of under age girls who found themselves in the care of the authorities.

Bill Gates Foundation Giving Millions to Top University In Order To Influence GMO “Debate” - It Must Be Dodgy
Former Microsoft CEO and mega mogul Bill Gates has long utilized his vast fortune to push genetically modified organisms (GMOs) through his Bill & Melinda Gates Foundation, but Gates’ efforts have been met with sharp criticism from millions of grassroots activists both home and abroad.

Rotherham: In the face of such evil, who is the racist now?
Here's a question for wannabe Mastermind contestants. If South Yorkshire Police can mount a raid on the home of pop singer Sir Cliff Richard, two hundred miles away from their patch in pursuit of evidence linked to a single and unsubstantiated allegation of child sex abuse 30 years ago, why were the same South Yorkshire Police force unable to conduct a proper investigation into multiple allegations against men who raped 1,400 children over 16 years?

Denis MacShane: I was too much of a 'liberal leftie' and should have done more to investigate child abuse
In a rare mome

nt of candour disgraced former Labour Member Of Parliament for Rotherham, Dennis MacShane admitted he could have done more to protect the victims of sex abuse gangs in his constituency who preyed on young girls in the local authority care system. While maintaing he knew of no specific allegations MacShane said he could have investigated rumours circulating in the town.

Rotherham Abuse Cover Up Cover UP
Not so long ago we were venting our spleen about the selection of Judge Butler - Sloss to head up an inquiry about how allegations of paedophile offences by well known celebrities, politicians and establishment figures were covered up for many years. It turned out Lady Butler Sloss was the sister of the now deceased Attorney General Sir Michael Havers who was directly involved in

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