We have seen how the Capitalist Anglo-America either Ordered or Approved of the downing on Passenger Plane MH17, by their Ukrainian Nazi Puppets, and how they Deliberately used this Lie to place Unjustified Economic Sanctions on Innocent Russia. The Capitalists will not like Socialism, and they may grant a Country some of what is both reasonable and fair if that Country does not Pursue Socialist Economic Policies of some of their Economy, which would create Full Employment as Sovereign States, and as Responsible Citizens.  However, there are Many People who think that pursuing Socialist Policies for some of the Economy should not be done for the purposes of encouraging Capitalists to be fair and reasonable, but for a Country to have the Best Economic Model for a Country.  Ukraine was never a Soviet State, because it was a Secret English Puppet Colony, as were the other Territories that are referred to as Soviet Republics.

Ukraine is referred to as a former Soviet Republic, however, I refer to Ukraine as a former Secret English Colony, which was run by the Jewish Partners of England, and today, Ukraine is once again a Secret English Puppet Colony.  It was England who Ordered or Approved of the Holodomor Famine, which was said to have murdered millions of People in Ukraine, and which was conducted for the English by their Jewish Partners, who Secretly Ruled the Soviet Union, and if Communists wanted farmers not to be Petty Bourgeoisie Capitalists, then they needed to make an oversupply of petty bourgeoisie farmers who would only earn 3 times the basic wage most years because of supply and demand issues, but we know that England Ordered this to Discredit Socialism and to Slander the Russians, by using the Jewish Joseph Stalin and other Jews to create the Famine in Ukraine knowns as Holodomor. The English are Too Dishonest and Too Evil to Confess to these Things, but we have seen the Irrefutable Evidence. Anglo-America promised President Mikhail Gorbachev that NATO would not go to Central Europe or to the Balkans to begin WW 3, but we have seen the Lies and the Schemes from Anglo-America since the end of the Cold War, and how Nazi Anglo-America Cannot be trusted, and Nazi Anglo-America Must Not be trusted. We know that the Communist Soviet Union left Central Europe and the Balkans, because it was Fair and Reasonable, and we know that Nazi Anglo-America then went to make those Countries their Puppets and to join their Nazi NATO, because Capitalists who also Nazis like Anglo-America, are Unfair and Unreasonable.

Anglo-America has no legitimate business being in Central Europe and the Balkans, and Anglo-America has clearly demonstrated that they have no good intentions for Continental Europe, and Continental Europeans can provide Security where it is needed in the Balkans, ans Anglo-America began an Illegal and Immoral War Based Entirely on Lies to try to steal Serbian Land to build the Massive Camp Bondsteel American Military Base, which will kill All Humans in WW 3.

The Facts that Serbia is innocent are on the Internet, and People can do their own Research, and there is an Honest News Article by an American Independent Journalist which shows how Anglo-America and its Puppets Lie, Slander, and Murder in Cold Blood, and the Article is Titled: The Demonization of Slobodan Milosevic at http://www.michaelparenti.org/... .

There is a News Article written by a Honest British Journalist, which is rare in the realm of Anglo-America, and it is Titled: Milosevic: true or false at http://www.theguardian.com/com... , and the Article Titled: The Milosevic trial is a travesty at http://www.theguardian.com/wor... .

This is why Many People think that Capitalist Anglo-America needs to keep their Promise, which was made to President Mikhail Gorbachev and to rest of the World, of Not expanding NATO Eastwards of Germany, and leave Central Europe and the Balkans in order to Prevent All Humans from being killed in WW 3, and we have seen what Nazi Anglo-America has done to try to Expand Nazi NATO to Ukraine.  There are Issues in the Balkans which were created by Nazi Anglo-America's Illegal and Immoral Wars Based Entirely on Lies, and the Non Nazi European Countries could look after any Security matters to allow Anglo-America to leave Central Europe and the Balkans.

War Criminal Anglo-America Knows that All the Things I have written in this comment are True, and they Cannot be Trusted to Admit to Any of this, and this is why they are the Confirmed Enemy of the Entire Human Race. Those Non Nazi Countries of Europe needs to be both Human and Courageous and give this Subtle yet Determined Hint to their Evil Puppet Master Anglo-America, to give the World what is Vital to Save the Planet from Complete Destruction, by leaving Central Europe and the Balkans, and to do this while they can leave Central Europe and the Balkans as a Friend of Continental Europe, rather than leaving Central Europe and the Balkans as the Confirmed Enemy of the Entire Human Race.

Spain became the first casualty of beefed up EU rules on statistics after the European Commission Thursday (7 April) recommended the country be fined €19 million for misreporting of deficit data by the region of Valencia. "Sound fiscal policy is a fundamental precondition for economic growth and stability. We have learned this lesson the hard way in the last years," said EU commissioner Marianne Thyssen, in charge of statistical agency Eurostat.

The EU investigation found that Valenican authorities had "systematically sent incorrect information to the national statistical authorities over many years."  Reports by local auditors and the regional health ministry "seem to have been ignored" said the commission. But it found Valencia guilty of being "seriously negligent" rather than acting with intent.   The matter came to light in May 2012 when the Spanish government told Eurostat if would have to revise its budget deficit for 2011 upwards, largely due to Valencia's incomplete data.  The €18.93 million fine has to be given the green light by member states to take effect.  The sum is 80 percent lower than it could have been, as the commission took into account the fact Spain co-operated fully and the faulty figures were due to "one entity acting alone".

Under rules that went into force in November 2011, the commission can launch an investigation if a member state or region is suspected of manipulating statistics. Countries caught deliberating cooking the books can be fined up to 0.2 percent of GDP.  The new powers were a direct result of the eurozone debt crisis, and specifically Greece, where misreporting of the country's statistics was known about for many years but not acted upon.  The Greek situation eventually meant that a deficit forecast of 4 percent for 2009 had to be revised to over 12 percent, sending markets into a tailspin and leading the country into the first of its bailout programmes.  Looking to the future, Thyssen said the commission is not currently investigating any other national statistical authorities. But she noted: "We will use our powers when we have to use them".

The Polish electorate is fed-up with Brxelles...

Bronislaw Komorowski, the Polish president, has a fight on his hands to remain in office after coming a surprise second in the first round of voting in Poland’s presidential elections on Sunday, according to exit polls.  Taken after voting stopped at 9pm local time, the polls put Andrzej Duda, candidate from the conservative Law and Justice party, 2.6 per cent ahead of the president with 34.8 per cent. With no candidate securing an outright majority the two men will meet in a fortnight’s time in a run-off vote.   If the result stands, it will come as major surprise.  An affable former anti-communist dissident Mr Komorowski became acting president in April 2010 when as speaker of parliament he was elevated to the office under the terms of the Polish constitution following the death of Lech Kaczynski, then the president, in a plane crash in western Russia. Opinion polls had routinely found the president as the most popular politician in Poland, and polls before Sunday’s vote had put ahead of Mr Duda.  Political commentators in were quick to attribute Sunday’s surprise result to the president’s apparently low-key and complacent election campaign.  Along with Mr Duda, the other big winner on the night was Pawel Kukiz, a former rock star and strident government critic, who won 20.3 per cent of the vote, according to the polls.  The night was a disaster for the left-wing Democratic Left Alliance. Once a dominant force in Polish politics, the party’s candidate Magdalena Ogorek came in with just 2.4 per cent.  

 All western countries and banks have not recovered from the 2008 credit crunch. Western banks are loaded to the gills with debt and non performing loans, they have fudged write downs to make their "stress tests" look better. Most western governments are loaded with debt and are using a majority of their tax take to make interest payments and of course they are very low at 1.5%, Maggie Thatcher was paying 15%. What most folks don't realize is the proverbial can has reached the end of that road. If the UK debt interest rate went up 2 or 3% its game over, we will become the next Greek Tragedy. There is about 15 trillion US$ out in the emerging markets waiting to go off when the flight to quality starts. Then you will see markets like Canada, Australia & New Zealand's property bubble explode. Even the Saudi's are burning through their saving while wiping out the shale plays in the USA all funded with junk bonds. Now I wonder where this can start to go wrong? Europe is going to learn that "socialism" does not work and never has. You can not keep borrowing money to support a life style you have not earned. The laws of math's are universal. UK citizens, hide your money, your banks are not safe and neither is your pension funds. Hungary, Poland, Spain and Greece have already helped themselves to their citizens pensions. Rome collapsed because of unfunded pensions for their standing army and they taxed their citizens until they simply got up and left. It would seem European politicians don't read their own history. I think they get blinded by their lust for power and back handers.

Now wait for what is to come, 12 billion pounds of welfare cuts, 70 billion pounds of cuts, more foodbanks, more zero hour contracts, more inequality, a lot more failed austerity and a very very brutal time for huge sections of society. The NHS will look very different in 5 years time and the privatisation project will see huge amounts of public money transferred in private hands. England hold your head in shame you have damned us all.

 

• David Cameron is back in No 10, expects 329 seats• Forecast: Tory +22, Labour - 25, SNP +50, LD -49

• Pound in biggest jump in six years on euro
• Cable, Laws, Alexander, Hughes out as Lib Dems capitulate

• SNP take 56/59, Jim Murphy and Douglas Alexander out

• Labour on course for worst result since 1987, Kinnock defeat
• Balls on brink as Miliband says he is “deeply sorry” for result
• Boris Johnson proposes ‘federal offer’ to Scotland
• Ukip surge in northern England but Farage unlikely to win

 

I wouldn't be so quick to feel too disheartened right now.

This is day one of the next 5 years. The Conservative Party are now governing fully on their own and sat on 5 years in power.

By far, their most difficult challenge next time around will be finding someone to blame for the state of the economy when they won't be able to do that. They'll need all the help and more some from their mates in the press and in other media to help them next time, in particualar BBC Tory zealot Laura Kuenssberg.

Even so, there are several things I take with me this morning:

1: Not so much the scale of Labour's defeat but the scale of the Conservative share of the seats won. What does this say about the people of Britain today; their values and their perceptions and particularly since the now ended coalition has been the most pernicious in living memory? This is a stark and uncomfortable feeling, that few people seem to give a damn about anything these days.

2: There will be a lot of pain for a lot of vulnerable people in the next 5 years and today we should perhaps be mourning their loss of social justice and social democracy last night.

3: We can only hope the principles of the SNP will bring the British people around to social democracy again because frankly Labour appear a wholly impotent force right now.

France and Greece have more in common than many might think. They both have left wing governments that like to dole money out without much relation to their income, both refuse to reform within the EU. The major difference is that Greece has much higher debt per capita, and is more left wing.  France failed to reform in accordance with the rules and after a recent review, should have been fined. Did the EU fine them? NO! They gave them another extension.  Seems the rules only really apply to Greece, although at one time they didn't apply to any country. Warning lights are flashing over the Greek and French economies, analysts said on Monday, after a closely-watched manufacturing survey showed both nations remained "mired in contraction" in April.  Turmoil in Greece, and concerns that the country could default on its debt and be forced out of the eurozone pushed Greek activity to a 22-month low, according to Markit's latest manufacturing barometer. The figures also suggested that the European Central Bank's €1.1 trillion bond-buying programme, which has helped to weaken the euro, has so far failed to lift France out of its chronic malaise. French manufacturing activity contracted for the 11th consecutive month in April, with the rate of decline the fastest so far this year. Markit also said employment levels fell for a thirteenth successive month in April. “The French manufacturing sector remains locked in reverse gear," said Jack Kennedy, senior economist at Markit. "Production levels were cut at an accelerated rate amid a steeper decline in new orders. This was despite a further fall in prices charged and the recent weakening of the euro, underlining the competitive challenge facing firms.”  Markit's French manufacturing purchasing managers' index (PMI) fell to 48 in April, from 48.8 in March. This was lower than a flash estimate of 48.4 and well below the 50 level that divides growth from contraction. Greece's PMI contracted to 46.5, from a previous reading of 48.9...Tinkering around with this and that won't help Greece and France defy economic gravity. They simply spend far too much and suppress private commercial endeavour. Bond buying programmes, QE (or whatever it's called this week), ever inventive forms of taxation just won't cut the mustard anymore.

America has marginalized the productive sectors often identified as labor. Most of us are living pay check to pay check because there is no lawful system regulating 'good business'. This in turn allows the top earners to supplement their incomes by building asset islands on the backs of those they hire at ever decreasing rates. Their assets being over valued. provision them with flipping incomes... and increased liquidity outside of taxable income. This game has been played for years.... Banks are left holding the lower income earners limited resources and often failing credit.

So the Banks are now heading for negative interest rates to supplement their portfoolio's (Spelling correct) On the downside.. The Federal Government also insures them for loss and thus they pay trillions in default payments... Putting the taxation system into a spiral.... Now even the Federal Government is looking towards drugs to supplement their losses... at the behest of President Obama and George Soros... To leaders with amoral views and no limits to their own investments for Power and Greed.... Congress is broken in the middle with partisanship leading our Country towards complete failure.  I doubt anyone with a voice will be allowed to speak the truth any longer... The censors will likely veto even this message... But heck it won't be the first one I have written which will never see the light od day.... QE is an inflationary policy. This is not a matter of debate. Lowering interest rates and increasing the monetary supply always, 100% of the time, creates inflationary pressure. Since I'm feeling bored at work;), I'll expand. You observed lower inflation (not deflation) because the inflationary pressure generated by massive QE on the US Dollar was weaker than global fear during the great recession.  The idea is that people and governments worldwide were so fearful that they decided they would rather park their money with the strongest government on earth (US Bonds) for slightly negative real ROI, than invest anywhere else, even though much higher returns were to be had. The EU will probably see some inflation out of QE, but the Euro, like the dollar, is also seen as a global safe haven, so I doubt it will be runaway. No one really knows what will actually happen in the future.

And that's what I'd like to emphasize. No one really knows what will happen in the future, so it's important not to look at the pleasantly surprising low inflationary environment that recently correlated with QE in the USA and extrapolate that QE won't cause inflation in the future.