A WELL HUNG PARLIAMENT SIGNIFIES VIRILE DEMOCRACY.
Reject to the narrative of smaller parties holding the government to ransom, Democracy is not about Winner takes all, stuff everyone else once the bidding is over. Democracy should be a consultative inclusive process sensitive to all needs and wants across the whole spectrum of society, cultural, political and Economic. It is non-sensical in a functioning democracy to claim that minority views should not be heard where a case is made. Is it a democracy where a minority voice is able to be ignored? Many minority and yet Right minded voices have been ignored and taken for granted for far too long in British policies a hung parliament with a Coalition or more informal supply and support arrangement is precisely what British Democracy needs. Balance is the key to life itself and no less in political life where power should be balanced by accountability and alternative voices with access to full checks and balances against excessive lurches in favour of special interest groups. So go ahead and vote for what you believe in and if that delivers a Hung Parliament so much the better. A well-hung parliament signifies virile democracy.
Reading the notes this reprinted article from Godwin’s enquirer took my eye. One always finds so much more to read. Please take some time if you have any when you are done to, visit my own Epic Poem, Usury Hells Fuel and Mans oppressor.
hence it follows,
that, to subject the labouring classes to unnecessary labour,
is wantonly depriving them of any opportunities of intellectual
Improvement; and that the rich are heaping up for
their own mischief the disease, lassitude, and ennui by
which their existence is rendered an intolerable burthen.
true pension-list is the rent-roll of the landed proprietors:
they demand from us but a slender portion of industry. If
wealth is a power usurped by the few, to compel the many
to labour for their benefit. The laws which support this
system derive their force from the ignorance and credulity
of its victims: they are the result of a conspiracy of the
few against the many, who are themselves obliged to
purchase this pre-eminence by the loss of all real comfort.
The commodities that substantially contribute to the sub-
sistence of the human species form a very short catalogue,
these only were produced, and sufficiently produced, the
life, may be devoted to the cultivation of the understanding,
species of man would be continued.
SAME OLD TORIES SAME OLD NEO-LIBERALISM.THEY ARE NOT CONSERVATIVES!
Boris almost had me at the start I thought he was being sincere but fresh off the 350 million quid a week for the NHS wheeze, post-Brexit &; plastered all over the side of a Bus. And given the scant acquaintance old Bozzer seems to have with telling the truth, I remained unhooked but admit almost lured. But then the tell, the giveaway, everything was,´´especially the blame of the Assad regime´´, who could possibly see them as the part of any solution? They alone responsible for the ´´greater part of the 400,000 deaths in Syria” and on and on he went with his own curious set of facts, and with an awed equine mastication of the acronym UNGA, after all, Caligula had done much the same and a borrowed fact here and there, who could possibly notice? So there dear reader we must depart the scene in the marbled atria of the Colonnades of the United nations and its most lauded Security Council with UNGA foremost in our hearts and minds. Let us envision bent over braced and head firmly in the sand Boris again, in position, to Expose his thinking parts. As Caligula Whips his Incitatus onwards. Gimp masks instead of Blinkers and much feasting on porcine fare, in best Bullingdon and Skull and Bones style. Perhaps they have both had a late night down the temple playing the biscuit game, beloved of posh Lads in posh schools and posher clubs. They had taken the seasons biscuit for scraping the bottom of the barrel after all.
BIS Working Papers No 444 Reforming the international monetary system in the 1970s and 2000s: would an SDR substitution account have worked? by Robert N McCauley and Catherine R Schenk Monetary and Economic Department March 2014
In this Schumacher Briefing, Roy Madron and John Jopling argue that the main purpose of our Western democracies is to satisfy the needs of a global debt-money system through the pursuit of economic growth. This ‘Global Monetocracy’ is a hugely powerful system that is imposing social injustice, economic incompetence and ecological disaster on the human family. Madron and Jopling make the case for a very different system of globalisation. A global network of Gaian Democracies could achieve very different aims. The concepts, insights and tools of Gaian Democracy have already been used to successfully reconfigure organisations and communities in very tough situations. And that they provide the means by which states, communities and people from all walks of life could generate the collective power, both to overcome the stranglehold of the Global Monetocracy and to co-create the just and sustainable societies that the human family desperately needs.(less)
What does the historical record suggest about the current proposals to reform the international monetary system? 1 Catherine R. Schenk University of Glasgow
At the end of the Second World War, it was clear that the US dollar would be the dominant international currency in any global economic reconfiguration, and this became the core of the Bretton Woods system. Most rich countries pegged their currencies to the USD, while the US alone valued its currency directly in gold. Nevertheless, there continued to be a role for a secondary international currency to be used as a reserve asset, anchor currency and as a currency of settlement because the supply of USD assets and gold was restricted in the immediate post-war period by US balance of payments surpluses. The system thus assumed that more than one major reserve currency could operate at the same time over a prolonged period. In the 1950s the sterling area (35 countries and colonies pegged to sterling and holding primarily sterling reserves) accounted for half of world trade and sterling accounted for over half of world foreign exchange reserves. In the early post-war years, this share was even higher – the IMF estimated that official sterling reserves, excluding those held by colonies, were four times the value of official USD reserves and that by 1947 sterling accounted for about 87% of global foreign exchange reserves.
Nowadays, to reduce the USD share of global reserves would require a huge amount
of any new reserve asset: even after recent allocations SDRs now comprise only about
4% of total international reserves. Proposals to supplement rather than replace
existing reserves require the SDR to be as attractive as USD in terms of liquidity,
value and returns, but this poses a huge burden on the USA if they have to finance this
through a liability to the Fund. Holders of SDRs must have confidence in their
liquidity (marketability, acceptability by all countries, convertibility to USD as well
as other currencies) that will require a huge multilateral commitment to develop the
market for SDR. The C20 of the 1970s also provides lessons for the process of
reform. There was a clear trade-off between efficiency in policy-making and the
breadth required for legitimacy of any emerging proposals. Similar challenges will
affect the Group of 20 as it adopts more policy-making responsibilities. In the 1970s,
reform proposals were over-run by market solutions that reduced the need for
precautionary reserves. Rather than focusing on how to manage such huge imbalances
today, the emphasis might instead be on how to reduce the incidence of (or provide
other forms of insurance for) the sudden stops that encourage the accumulation of
By process of elimination, it is clear that the dollar will remain the
principal form of international reserves well into the future. It will not
be as dominant as in the past, for the same reasons that the United
States will not be as dominant economically as it once was. In the
short run, the euro will gain market share, especially in and around
Europe. In the longer run, the renminbi’s role will also grow, especially
in Asia. But for as far as one can see clearly into the future, the dollar
will remain first among equals.
The Dollar Dilemma
foreign affairs . September / October 2009 [67
The Oligarchy was firmly secured by the Bankers in the 2008 ´´Crash´´. The Petrodollar sword of Damocles has haunted every US president since Gerald Ford and it is clear from published documents and correspondence that the Monetary System and Banking have been elevated to an importance above democracy and Laws. President Trump would have had some idea of the generality of the question as many do but only those who put on the shoes of A president or World leader will be made aware of the full picture, the rest of us can only guess as to what exactly is causing the successive apparent loss of all humanity and reason when office is assumed ( I must confess I felt this more acutely when it happened to Obama) . I have been reading the Pearson and Brandt Commission reports the past few days following up on a reference to the Committee of Twenty in the 1973 Bilderberg Minutes.
The Pearson Commission on International Development investigated the effectiveness of the World Bank’s development assistance in the 20 years to 1968 and made recommendations for future operation of the organization.
My own intentions in this reconnoiter over the past 15 months Brexit scribblings are not of course purely altruistic. My Novel ´The Conquest of Dough has been waiting for the Full Stop of the Trump presidency, the inauguration was a key event the other will be the debt ceiling scheduled some time in June? when the 20 Trillion dollar of debt mark is hit and that silly old charade of the ´´Fiscal Cliff++ will undoubtedly be played again, to my own yawns and the Corporate Medials squeals of indignation no doubt.
Le Pens designs on La Belle Francais and Mr Wilders intrigue with the Electorate of the Netherlands are of course all set to provide some more drama in the Affairs of our Lovely Elysium. But the page of history has already turned and the Paradigm
The Cutting is from my press cutting book, I am one of the fortunate ones. I received a grant aided education in Comprehensive, and for A levels at the Colchester Institute where I went back to take my A Levels after leaving home and having dropped out of the sixth form. Incidentally one of my A Level Law Lecturers was Mike O´Brien a Junior Home office minister in the naughties New Labour Government, but at that time 1982, was a Law Lecturer at The Colchester Institute. But that’s another story.
I went to South Bank poly and studied one of the most Conservative subjects you can, Estate Management majoring in Valuation. I am a trained Neo-Liberal Capitalist but here’s the thing I am a life Long Socialist. I know that my opportunities in Life and my most prized possession, My education, are owed to the sweat blood and tears of my Grand Parents generation in the first half of the 20th Century and largely down to the Labour Government of 1946 that bequeathed to us the NHS, National Insurance and the Education act.
I made good use of my education in one of the most conservative of professions qualifying as a chartered surveyor, becoming a successful property consultant and Estate Agent and also a Property developer. I am grateful for the luck I had but mostly acknowledge and am thankful for the opportunities that the state education system allowed me to pursue. I see those opportunities are diminishing where they still exist today, for people of similar backgrounds and education opportunities as the younger me. My ex-wife was the same she became a successful commercial lawyer. We both always voted labour, here’s a blog about the Elections we sat through the night to ultimate disappointment throughout the Thatcher years.
When I see Tom Watson insulting comrades who still fight to maintain opportunities to benefit people like me who go on to uncomplainingly pay their taxes when they meet with success. We should always remember that all success is achieved stood on the shoulders of Giants, most of who went and still go un-rewarded. Those selfless and unacknowledged heroes and heroines that still did and still do what they do so that others will not have to and did not have to. Well, when I hear Watson and others criticise those who I thank and always remember made a sacrifice for me and others.We have a commitment always to pay back and not kick away the ladder. I get Angry and not a little confused
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