In order to fund wars, the Labour Party is ready and willing to sacrifice the elderly and the disabled

 

The Labour government that started in July 2024 started what was presumed to be a period of austerity, but soon after elections in which the Reform Party won 10 out of 16 local authorities the tune changed. More than 10 billion Pound for Mauritious, an undefined amount of money for Volodomir Zelensky, the promise to buil 6 ammunition factories, to build 12 nuclear submarines, to acquire jets capable of launching nuclear weapons and the list goes on. 

Nor the British Prime Minister, or the Chancellor of the Exchequer, or any other member of the Cabinent has been willing to tell the British people where the money is going to come from.

Where is the money coming from? A new term has been coined. Following QE Quantitative Easing, now comes QT Quantitative Tightening. The Bank of England is selling expensive bonds of public debt for lower prices and the Treasury has promised to cover the losses of the Bank of England. So monies that could have been used to finance better living standards. So, not enough money for disabled people, no money for schools, no money for the health service that the Labour Party has classified as "a wasteful NHS". 

Tomorrow´s decision in Parliament is very much linked to so called QT. We do not know what is going behind close doors, but we do know the Electorate´s reaction. Both Labour and Conservatives were massacred in the polling stations during the 2025 elections and 2026 could be an even more disastrous defeat for both Labour and Conservative.

Business activity in the United Kingdom has gone down 40% and there is a list of food chains closing branches across the country, as the number of cases of shoplifting goes up steadily. More taxes? More borrowing?

Ukraine. Will sending obsolete equipment help or hamper war effforts at the same time that raises the stakes?

There is an awareness that equipment sent is obsolete or surplus and that also banned weapons are being sent to a theatre of war thus increasing the risk that all weapons will be allowed including nuclear and chemical weapons.

Let us remember in which year we are: 2023. When were the F16s introduced? 17 August 1978. NATO is sending flying coffins.

The longer the confllict goes on the greater the risk of greater involvement and we must also think about the issue of population movements that can seriously affect host countries. Even if at the beginning of the exodus host countries are willing to show solidarity, sooner than later welcoming attitudes turn to contempt and fatigue.

Poland itself has proposed a referendum on migration to challenge EU policies on migration. Hungary has been pretty open about its unhappiness about huge numbers of migrants coming to Hungary. Within the EU, countries hold different views about migration and especailly after decades of mass migration not just from within Europe, but from far away. 

Migration has political consequences because in the end it is all about social stability and economics. The Covid Pandemic led to lockdown that had a negative widespread effect. This combined with the energy crisis and migration has not made life any easier and suddenly we are having to cope with inflation that is more than double what the Bank of England was expected to manage.

Politicians have a way of manipulating facts regarding migration, pandemics, and any other factors involved, causes and consequences, in a way to suit their own political agendas and this is not helpful at all because, on top of lack of data, they add confusion and instability. This is especially serious when elections are on the horizon. Rationality dies to be replaced by irrationality reinforced by lack of knowledge.

If Gulf Stream collapses, welcome to the Ice Age

 

Nowadays, folks are complaing about unusually high temperatures. Well, their concerns could soon be unfounded as there are predictions that as early as 2025 the Gulf Stream will collapse plunging Europe into a new Ice Age.

This will mean that very soon Britain and Europe will be covered by massive layers of ice and that Europe and much of Africa will be united by ice. There won't be any navigation and migration problems affecting Britain and Europe will come to an end. Who will want to come and live in areas that will have 60 degrees of more below zero. Magically, all those talking about Net Zero will automatically get it. We will not have to worry about the Bank of England raising interest, there will be no banking system, no dinghies crossing the Channel, no religious conflicts, because because there will be no Christians, no Muslims, no Jews or people of any other religion because they will simply be unable to remain in Britain and in Europe.

There was a time during the Ice Ages that Britain was under hundreds of meters of ice that one such time might be approaching pretty fast. It is said that the Gulf Stream collapsed and re-started several times during Earth's evolution. Imagine a time when there will no Labour Party, no SNP, no Just Stop Oil, no people sleeping rough on the streets and that if anybody tried to sleep rough on the streets there would be no streets as the entire land would be under hundreds of meters of ice.

I find the news about the soon to be collapse of the Gulf Stream absolutely wonderful. We need renewal. We need change for the better. If people themselves are unable or unwilling to change their ways, then Nature will do it for them. Imagine a world without Gary Lineker, without Coutts, without BBC. Absolutely marvellous.

In 1997, the Labour government with Gordon Brown as Chancellor of the Exchequer made the Bank of England independent

 

Dear Helen Hayes MP,

What many politicians don't seem to undertand is that:

1) The Bank of England was made an independent organization. It was Gordon Brown MP as Chancellor of the Exchequer that made the Bank of England independent in 1997.

2) The moneys lent by banks don't belong to banks. Banks borrow money to lend. The banks gave people huge amounts of money for people to buy property and must return the said moneys when people pay back loans and pay interest to those they borrowed money from.

Because of this, when people started to default loans, Gordon Brown had to prop up banks so that the financial system would not collapse.

Was Rachel Reed an MP under Tony Blair? Does she know how tha banking system works? If she was an MP then and if she knows how the banking system works, she shoudn't come up with the load of nonsense she has come up about 'banks helping people'. If banks have to borrow money - provided they can come up and borrow money - they will have to borrow money at market values, thus increasing their vulnerability and cutting down their margins. Does the Labour Party want the banking system to collapse?

When banks where capitalized under Labour, there were new rules implemented by :Labour about reserves that had to keep in order to protect peoples' accounts. The division was made between conventional banking and investment banking. Is Rachel Reed suggesting, that safety rules imposed then by the Labour government have to be abandoned?

Is the Labour Party if in government ready to face a massive financial crisis without having reserves to bail out the financial system? I see an unavoidable financial crisis that will lead to a tsunami of strikes in 2024 and beyond. 

 Best regards

Karl Hohenstauffen