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Clive Hale On "Rule Britannia"
From Clive Hale's View From The Bridge
Rule Britannia
If you have never heard the rendition of this anthem of anthems (up there with “Jerusalem”) at the Last Night of the Proms you will not understand the British psyche and the glue that binds this nation together. We have been branded the pariah of Europe for rejecting the treaty amendments, proposed by Germany and reluctantly seconded by France, which, in the great scheme of things, will achieve the square root of very little.
Alexander Graf Lambsdorff, head of Germany's FDP group, part of the European Liberals, says it was "a mistake to let the British into the EU". Over here some of us would lay the blame for accession at Edward Heath’s door... “Britain must now renegotiate its relationship with the EU,” he said. "Either hey do it on their own initiative, or the EU refounds (sic) itself - without Great Britain. Switzerland is a model towards which Britain can turn itself." Bring it on!
Meanwhile Daniel Cohen-Bendit, joint leader of the Greens in the European Parliament has labelled Mr Cameron "a weakling". That’s up there with being savaged by a lamb Geoffrey Howe style, although Danny la Vert is in all probability a vegetarian...
Surprisingly it was the French newspaper Le Monde, seemingly keen to avoid further damaging relations between the French and English, which spoke to its readers of all the things they love about the UK, which, it said, are "impossible to number"; but they gave it their best shot. "From the concept of habeas corpus to the BBC, to Elizabethan poetry to John Le Carre, from rock to the invention of the Sixties, from London springtime concerts to Wimbledon, via Liverpool FC.” And all that from a French newspaper! Well one thing is for sure; we will “never walk alone”!
That this meeting of small minds has been hailed as a triumph - German Chancellor Angela Merkel said that the European Union summit achieved a “breakthrough” to a “lastingly stable euro” – leaves me lost for words, but not expletives, although I will spare your blushes dear reader.
She would like you to believe, as obviously she does and presumably along with the 25 other governments that can find no other place to hide, that by March the “fiscal compact” will be in place. This includes a cap of 0.5% of GDP on countries' annual structural deficits and "automatic consequences" for countries whose public deficit exceeds 3% of GDP. As of now, including Germany, not one EU country matches up to these targets and it’s all going to get resolved in three months?
The markets, expecting something approaching a frisson of decisiveness, spent Friday like stunned mullets. And with Christmas rapidly approaching may well take to the mulled wine and other festive “remedies” and call it a day until the New Year. At which time they will all realise that nothing, absolutely nothing has been done to address the solvency of the European banking system.
Which anthem will they play at the Last Night of the Euro I wonder? How about the Doobie Brothers and “What a fool believes”?
“But what a fool believes ... (s)he sees” - a lastingly stable euro?
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Doesn't it disturb you that the "market" is unable to understand these simple facts? This is really just simple math. It's not that complicated.
Yet the entity which is supposed to be "forward looking" can't do elementary school arithmetic!
Perhaps some market veterans can answer this: Has it always been this way?
We don't have equities markets anymore. They've all been captured and are completely manipulated by the FED and its cronies. Those criminals are aided by the HFT momo-chasing algo computer traders on the nearly constant low-volume days we now see. The markets seem to go up more on days when the news is particularly bad. It's as if the FED thinks (probably rightly for the most part) that if the DOW closes up no one will notice that things are going to shit all around them. Many of us feel like we're due for a crash, but I don't know who's going to be doing the selling when there aren't any retail traders around anymore...
The markets will remain captured until the proletariat rises up and guillotines the bankers.
Off with their heads,
and scoop out the last of the cake from their mouths before the blade hits their spine.
Let them eat the cake, and eat some long pig
http://www.churchofeuthanasia.org/e-sermons/butcher.html
Brittania may 'Rule the Waves,' but Merkozy et al 'Waive the Rules...'
Bankers have no power except that granted them by the State. They have no police. They cannot directly write laws. They cannot Since we have pluralistic states we must essentially be allowing our elected representatives to keep giving this power away.
It's nice to hate and think one class of people cause the problems. Would you guillotine ALL bankers? There are many great banks and bankers trying to survive. Aim at politicians first and the system they create. Bankers and agencies like Goldman and others play on the field in the game given to them. Don't get me wrong, I want to see many of them jailed, even flogged...but I want the same to happen to their political allies.
bang on chief
Markets rise and fall on emotion. Hope vs Fear. Hope doesn't die easily, but it does die eventually. Fear will dominate 2012.
Markets Rise and Fall on Algo-Driven bots.
Did you just wake up from a 20-year sleep?
So what are you saying? The algos make up their own minds? Last time I checked, a human had to write the algo. Or did I miss something during my 20 year slumber?
Dave Bowman: Hello, HAL. Do you read me, HAL?
HAL: Affirmative, Dave. I read you.
Dave Bowman: Open the pod bay doors, HAL.
HAL: I'm sorry, Dave. I'm afraid I can't do that.
Dave Bowman: What's the problem?
HAL: I think you know what the problem is just as well as I do.
Dave Bowman: What are you talking about, HAL?
HAL: This mission is too important for me to allow you to jeopardize it.
Wonderdawg,
Fear rules the US and Britain, so what's different about 2012?
As a muni bond salesman for many years, I had my persuasion based in FEAR and GREED, the only two emotions that the old capitalism allowed. When fear was in the air I let the clients tell me about it and when greed was in the air I let the clients tell me about it; I did nothing but listen until I got bored and then made the offer. Being a 'do-nothing' dude, I loved doing nothing.
I always found it quite amazing how humans could conjer up so much paranoia out of just talking.
Fuck Fear om
The markets have never had anything to do about math...they are simply about a pyramid scheme of confidence. The building blocks for such confidence consists of just a "can" and a "road". We are at a "dead end" obviously, the hard thing is to ascertain the precise moment the can becomes too heavy. And yes, it does disturb me.
The Ponzi will continue for as long as we the people allow it to continue.
That can be days, weeks, months, years, decades.
As long as we allow it to continue,
it will.
Bad news is good because it means QE, good news is bad because it means no QE. Stop thinking like a rational person and it will all become obvious.
Cameron played a blinder. First move advantage. Interesting to see what Denmark and Sweden do next.
Cameron performed exactly as his Owners in the City of London directed him.
The City remains Sancrosanct, the Global Locus of the Anglo-American Banking Leviathan.
Continental Europe falls to the NWO.
The City remains it's financier, enslaver via debt, manipulator and shadow Governor.
All's well, according to plan
From Chaos, Order.
Precisely ....Cameron is an ex Barclays bwanker
he is a snotty socialist born behind the curve ...he does exactly what the City (Rothchild dynasty) tells this clueless airhead to do ...so long as he can windbag to journos from behind a pulpit twice a week he's happy reliving his Tony Blair fantasy
the British Prime Minister is away with the fairies
Well, the Europeans have been laughing at Britain's slow burn since 1945, so I guess they're all even.
As an aside, I would venture to guess that what binds Ulster, Wales and Scotland to England at this point is coersion, fiscal gamesmanship, and police force.
Cheap ale too.
google.com/trends
Interesting
18. Ron Paul
16. Newt Gingrich
15. Lightsquared
11. Rick Santorum?
Lamar Odom...2
http://www.google.com/trends?q=silver%2C+gold%2C+bitchez
Anthem??? How about taps?
Another British thing the French can love: Rule by family Sachs-Coberg-Goethe.
Doesn't sound very Smith-Jonesy, now, does it?
Goethe would be rolling in his grave, the vampires are spelled "Gotha"!
It's easier for the Germans and French to "Blame the Brits / stupid Anglo-Saxons (Used interchangeably)" so as to divert attention from the fact that NOTHING has been achieved to address the short-term liquidity and solvency issues in the Eurozone. Longer-term, the problems will get worse for the periphery because budgets and tax rates will now be "Harmonised". So a country like Ireland, whose only competitive advantage was a low Corporate tax rate and generous tax holidays for investors, has completely surrendered its sovereignty for no reason other than becoming a debt slave to Berlin. How can that possibly be in the best interests of the people of Ireland?
Perhaps the people of Ireland are so blinded by their resentment of the Brits that they prefer to cut off their noses and go down with the Eurotrash? In the future, being a tax haven isn't going to be the lucrative racket it used to be anyway.
Lovely choreography. Sorry, you were saying?
I'm sorry, can't hear you, what was it that you were screaming???
Dinah-Moe? Is that you?
Why? You gotta $40 bill says you can make her come?
No. Just wanted see how her sister was.
:)
turn it off!
Leave it on...I'm dying to see what happens next ;-)
I like the little way the line runs up the back of the stockings
I've always liked those kind of high heels, too, ya know I...
No, no, no, no don't take 'em off. Don't take...leave 'em on
Yeah, that's it...a little more to the right
Europe needs a scapegoat and tag Briton your it! They blame London for all of their woes and want to tighten their financial sector up. Well that is a good thing. But this summit did not solve anything. They just started the dictatorship of Europe without a shot being fired. There is no teeth if you do not meet their fiscal goals, so what! The PIIGS will keep on spending and the others will finance it or the whole system will fail. Nothing new just more bullshit for the markets to elevate on then realize there is nothing there and head back down.
What bothers me is the IMF's play in this all of this and more Fed bailouts of Europe when the IMF loans them our dollars. The sheeple will not know squat and the Fed will do as it pleases dispite our Congress.
"...needs a scapegoat..." yeah, sure
you are more on the spot with "...want to tighten their financial sector up...", this is what the City of London does not want.
A "dictatorship" based on a dozen+ countries wanting the same? If this is dictatorship, pls send in some more...
simplified, it's like about Main Street against Wall Street, EU style
Point of commonality between UK and the EU:
Brittania rules the waves, whereas the EU waves the rules?
the waves have been won in an EU pincher movement ...first the EU subsidised the Spanish fishing industry to out-boat our fishermen, then the EU gave the French quotas to 87% of all the Cod in the English Channel
the British Fishery Dept stood by as they threatened English fishermen with £50,000 fines if they exceeded their measly EU quotas (our industry has declined 50% in a decade)
our current Prime Minister is an ex-Barclays bwanker and waffling whimp in love with the sound of his own voice ...he thinks 'achievement' is standing behind a pulpit giving his latest loony liberal ideas an airing to 28 journalists who'll never report 5% of what this socialist windbag says
the British Prime Minister is a hair dryer ...God help us!
I would make a general comment wrt to Germany's lead in all things EU/Euro and the US/UK - transatlantic alliance.
China likes Germany better than the US/England and France combined. (Still likes French wine and California blonds though.)
The little boy in every middle manager across China - whether its the PLA, Central Party School or the proto-venture capitalist from any one of the 500 cities with more than a 1 million population - loves WW2 and loves Germany.
Why? Because Germany's story is not that much different than China's in terms of national humiliation and then coming back from utter defeat to kick-ass. (Only to be defeated again?) Nobody is talking about race-based national socialism, but in terms of humiliating treaties; WW1 - Opium Wars; decimated economies; post-war hyperinflation and any form of irridentism; Manchuguo, Taiwan, Alsace-Lorraine, Sudetenland, Austria, Poland, yada yada; I've seen a ton of solid Chinese in high places get a little teary-eyed for the struggles of Germany after WW1.
With Berlin as a new capital of Europe, you can bet the Chinese will be there to support a trusted friend in "Deguo." Deguo translated as virtuous (strong) country.
In this climate, I think the Chinese would rather pour their money into German backed Euros and fail rather than support the dollar and the aircraft carriers trolling the Eastern Pacific.
Seems implicit, even on the face of it.
Good angle konz...
And I think you meant western pacific.
Did a porcupine tag you in the ass, or is that just a homophobe-approved scrote avatar?
rotflmao... shit I spilt my drink on my keyboard laughing so hard.
I finally got around to changing my avatar. Too many pussies throwing up a little in their mouth every time they saw it. It's a bag of fun, especially as it slaps your forehead. 8)
Yes, with total public and private sector debt approaching 1,000% of GDP, it makes perfect sense to isolate one's self.
So what is it already? Is Germany really pushing for fiscal integration and greater control over EZ members, arm & arm with France, or are they secretly readying their DMs and exit from the Eurozone?
That will be determined after the first default?
I think at the end of 2011 Brits are no so stupid to identify their interests with the City of London's despite the efforts of Cameron and the Fleet Street hacks. In the last year, we have seen Occupy London and of course the riots. I think that the average Briton is quite aware that Rule Britannia is utterly false. "Britons never will be slaves"? Britons are already slaves to the City of London and they know it. I don't think trying to play the patriotism card in 2012 is going to be very effective. Doubt it is going to make the Occupy folks head off across the Channel. They know exactly who is enslaving them and they are down at Canary Warf.
Just one slight fault with this arguement. Opinion polls show 65% support for Cameron.
Perhaps the issue is more one of sovereignty than city. I can't see the US taking kindly to surrendering sovereignty to an unelected "Government" based elsewhere in the event of a a new NAFTA treaty?
Right, so like their inbred cousins.
Sure they do. How was the question asked? Did they ask: Do you think that the Prime Minister should embarras himself and the country by kissing the asses of the bankers in the City of London? No, I don't think they did. So why don't you tell us how the question was asked? And which hacks were asking it?
I have no problem with Brits wanting to keep their sovereignty, but the idea that the EU had to give in to them on allowing the City to continue to fuck everybody was absurd. That was Cameron's condition. One of the French diplomats nailed it when he said the Brits are like a guy who wants to go to a wife swapping party but leave his wife home.
Brick Top: You're on thin fucking ice my pedigree chums, and I shall be under it when it breaks.
*squeak, squeak*
Like a family where everybody's broke but can't admit it. So everybody goes on pretending
The vast majority of Brits would vote to get out of the EU if politicians ever trusted the people enough to ask them? Brits dont WANT to surrender sovereignty to unelected bureaucrats in Brussels. All the UK needs is a free trade treaty with the EU, just like Switzerland lives with very well.
In any event, yout city-centric phobia could very easily be addressed by the EU placing new restrictions on financial services from "Outside the Eurozone". You're missing the big picture, which is loss of sovereignty.
No, you're missing the big picture which is that Cameron is a whore for the City of London. Neither the City, nor Cameron, nor the Torries gives a fuck about the sovereignty of the British people. The fact that they won't give the people a vote proves that very fact. So, the big picture is keeping the City's raping and pillaging machine going.
So I'll ask you another question--even though you didn't answer the ones above: Do you REALLY think that the people of the UK are sovereign now? Or do the banks rule the UK? Take your time. Think it over.
As compared to?
Remember that Cameron has pledged to the people of the UK that there will be a referendum on EU membership if ANY more powers are transferred to Brussles. That would include turning over tax policy and bugetary decisions. I agree to the extent that it might have been better to allow the people to have their Referendum.
So you really believe that he would have held a referendum if they met his conditions?
(Not sure why I bother to ask because you have already ducked every question.)
He would have had no choice but to hold a Referendum.
Your view seems to be that the Eurozone have done such a great job of economic management that now would be a great time to turn economic decision making over to Brussels/Berlin and perhpas even join the Euro. Great strategy.
Nice. Do you have any link proving that Cameron would do that? You're just saying it doesn't make it so you know. How about a link for once? You make vague references to polls that you won't link to, refuse to answer questions, and then put words in my mouth? Such shillery. My two main points were Cameron is a whore for the City and the deployment of UK patriotism on behalf of the City is something most Brits should be able to see through. I nowhere said anything about them joining the Euro. I don't care what they do.
Anyway, we're done. You're just shilling it up for the City pretty obviously.
bagpipes are always nice, no matter wtf is goin down
Fcuk the bagpipes, most English have had quite enough of the Scottish after tha last Labour (Marxist) Govt was rammed with the c*nts in every senior post
the Scotts are Pro independence and Pro Europe.. please hurry the fcuk up and sod off into the setting sun blowing your sack of hot air
SPOT ON!
"safeguards for American banks based in the UK" was one of Cameron's demands:
"Although most people in the room knew what was coming, it is understood it was not until 2.30am that Mr Cameron was given an opportunity to deliver his list of demands if Britain was to be willing to sign up to changes to the Lisbon treaty, itself only agreed in 2007.
These included a legally-binding "protocol" to protect the City of London from more EU regulations, safeguards for American banks based in the UK and a guarantee that the proposed "Robin Hood" tax on financial transactions would require the unanimous backing of all member states."
http://www.telegraph.co.uk/news/worldnews/europe/eu/8948667/EU-treaty-a-...
The problem here seems to be mistaking British political theatre with reality...
There never were any "treaty amendments" and so nothing for Cameron to "veto". Treaty amendments would take years and the EZ doesn't have years. Treaty amendments would also likely trigger referenda and all kinds of uncontrollable democratic nonsense. Never going to happen.
There never was an IGC and so there was never any forum in which the UK had a "veto" wield - whatever was on the table.
The EZ countries will come to some private agreement, a process that the UK can no more "veto" than it could veto an agreement between the US and Canada.
At best Cameron said "er..whatever you lot are up to you had better include some sugar for the UK in the event that you might need our support down the line"
The rest is just UK pantomime - it's that time of year (Oh no it isn't...)
Clive, I agree that we'll see who loses their panties before the summit to end all summits in March. Which option will play out is the? Will it be door number 1
http://www.youtube.com/watch?v=eZuZ9JpjcDw
or door number 2?
http://www.youtube.com/watch?v=uDLQg8ZKBS8
Agony is the price
That you'll pay in the end
Domination consumes you
Then calls you a friend
It's a twisted fall
Binds are like steel
And manipulates the will to be
And it's hard to see
How soon we forget
When there's nothing else
Left to destroy
It's a useless ploy
- Pantera
http://www.youtube.com/watch?v=1lXXvUIEy2o
Depressing how many of the Brits here have managed to swallow the Franco-German line that somehow Cameron was coming forward with 'unreasonable demands'. Although even he might like to spin it that way, instead he was actually comprehensively politically out-manoEUvered by the Euro-axis; Cameron was placed in a position where any Treaty-change accord (ie, saying yes) would have triggered the requirement for a referendum in the UK, something that would have necessitated the immediate dissolution of his coaltion government and an end to his Prime-Ministership. Touche Merkozy.
If he really is the 'whore of the banksters' as has been suggested above, let's see whether he can summon enough support from his 'City' friends for retaliation in the form of a French double-downgrade and a hard-push for a run against BNP or SocGen this week......or was that always going to happen this week anyway??
Ring Ring
Collateral call