#159. The perils of equilibria. Carbon Taxation. GE2019 the #CO2 #COP outs, Our Democracy is on Fire! Von Der Leyen and the #EUGreenDeal #WrongKindofGreen

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Ursula von der Leyen

@vonderleyen

In 10 days, the @EU_Commission will present the .
Our goal is to be the 1st climate neutral continent by 2050.

If we want to achieve that goal, we have to act and implement our policies now. Because we know that this transition needs a generational change.

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What are the economic principles of taxation?

Hi, Tim Seasons Greetings.
On the post, I do not think it is one of your best.
It says that seeds predicts all of this and then gives a straightforward monetary analysis.
I find this disappointing. I am going to download the resources and look for the correlations you are claiming but which you have not explained here.

 

One glaring point missing from your analysis, even though you give per capita GDP and Debt figures are that wealth redistribution and increased inequality is not stripped out of your figures.
I have become increasingly persuaded that the precariat is a matter of political Design and not some accident or necessity due to energy constraint realities. I believe it is explained by the oldest cause of want and that is the greed of a corrupted elite.

Since 2008 net wealth of the very top 1% has increased in the UK by better than 185%, the bottom part of society is much worse off. This is of course in solely Monetary measures.

To go some way to adding to the analysis I found this excellent paper at the House of Commons online library the other day.

https://publications.parliament.uk/pa/cm201011/cmselect/cmtreasy/memo/taxpolicy/m32.htm

15. Taxation comprises three fundamental economic parts:

l Creation of the medium of taxation and issue into the economy

l Distribution of the medium of taxation through the economy

l Collection of the medium of taxation

17. Modern taxation systems are still based around the creation, distribution and collection of tokens, but the tokens now take electronic rather than physical form. These tokens are bookkeeping entries in the banking system. The structure of the taxation system and the economy it controls is determined by the rules under which these electronic bookkeeping tokens are created, distributed and collected. Coins and notes are still issued in small quantity but are subsidiary to the banking system’s bookkeeping entries.

19. “Contemporary governments grant the exclusive power to issue the medium of taxation to a state-sanctioned banking cartel. The banking cartel comprises a central bank and private member banks. The central bank is responsible for price-fixing, information sharing, promoting member interests and preventing member defaults. Serving the public interest is not a primary goal of a central bank. The cartel holds the exclusive power to set the price of and issue the medium of taxation. Governments generally prohibit the issue of alternative media for exchange and mandate payments of taxes only in the cartel-issued medium.”

Conclusion

52. Development of the tax system has been constrained by political reality and driven by the demands of vested interests in finance and real estate. The fundamental principles of tax policy should explicitly incorporate the money system and the welfare system. The tax system is not fit for purpose and is beyond repair. It should be replaced by an efficient, neutral and distortion-free system based around clearly defined recurrent payments from owners of land, immovable property and natural resources based on contract law. Means-tested welfare should be replaced by a Citizens’ Dividend distributing the financial surpluses of government arising from such reforms.

53. The transition to a new, principled tax system should be on an “opt-in” basis where people can choose to permanently leave the old system when they can benefit from so doing. The effect of such a transition would be an rapid and dramatic revival in economic performance without battling political headwinds.

54. The principles outlined here fully meet all the objectives of the OECD tax report and the Mirrlees Review. They meet Smith’s canons of taxation and adhere to orthodox and common heterodox academic analysis. They are comprehensible and achievable.

January 2011

The Author was a Cambridge computer scientist who tragically killed himself a few years back. He also wrote convincingly on carbon-based credits in conjunction with his Georgist Land Value ideas.
https://www.dailymail.co.uk/news/article-2381397/Dr-Adrian-Wrigley-Cambridge-academic-45-brain-size-planet-dead-partner-diagnosed-cancer.html

Anyway, I thought you might be familiar with Dr Wrigley as he is from you Alma Mater’s home town.
Others here may not be.
Merry Christmas again and I hope you can spell out the explicit data supporting your interpretation of the monetary measures depended upon to make your analysis.

All the best
Roger

https://notthegrubstreetjournal.com/2019/12/04/carbon-taxation-ge2019-the-cos-cop-outs-our-democracy-is-on-fire-von-der-leyen-and-the-eugreendeal-wrongkindofgreen-twofingers2brino-wiki_ballot-4pamphleteers-grubstreetjorno-wiki_ballot-fi/

Surplus Energy Economics

‘INDICATIONS AND WARNINGS’

Putting together what might turn out to be the last article published here this year has been one of two main items on my agenda. (I’m hoping to slip a third, pre-Christmas article into the list but, should this not happen, please accept my premature good wishes for the season).

In back-to-front order, the second ‘agenda item’ is a much-updated guide to the principles of Surplus Energy Economics, and to the latest – SEEDS 20 Pro – version of the model. The Surplus Energy Economics Data System has now evolved into a very powerful analytical tool, and I plan to make even greater use of it to inform discussions here in the future.

You can download at the end of this discussion, or from the Resources, page a summarised statistical guide to selected EM economies, whose prospects are one of the issues discussed here.

Two disequilibria

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Nepotism, Spookery, MI5 and the ISC committee #COBRA and all that. #SedwillsWeb. #PaedoBrino “The passion for freedom dieth not.” Does Dianne Abbot want to Disband MI5?#EstablishmentAntiSemitism #COntrolFiles #TheCourtofKingSedwill #BorisNWOKing #HugoRifkind #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @Survation @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @Joe Blob20 #EUMiltiaryUnion #TheMilitaryIndustrialComplex

https://www.youtube.com/watch?v=J_TbBnRgfxM I do find it 15:14 slightly curious to say the least NIC to 15:17 be lectured about the union between 15:18 Great Britain and Northern Ireland 15:20 by a man who all his life political life 15:23 has campaigned to break up that Union 15:24 and actually supported for four decades 15:26 the IRA … Continue reading Nepotism, Spookery, MI5 and the ISC committee #COBRA and all that. #SedwillsWeb. #PaedoBrino “The passion for freedom dieth not.” Does Dianne Abbot want to Disband MI5?#EstablishmentAntiSemitism #COntrolFiles #TheCourtofKingSedwill #BorisNWOKing #HugoRifkind #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @Survation @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @Joe Blob20 #EUMiltiaryUnion #TheMilitaryIndustrialComplex

Joshua v Ruis, Johnson v Corbyn. Has Corbyn’s Solid NHS Jab put the Tories Podgy Pugilist Bojo behind on points? #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @Survation @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @Joe Blob20

General election poll: Tories down to eight-point lead  Getty Images OLIVER JJ LANE and VICTORIA FRIEDMANPugilistic references have characterised the BBC election explainers this 2019 BRINO general election. Last Night in Saudi Arabia there was a Huge Boxing Event. Anthony Joshua regained his World Championship title Belts from Andy Ruis Junior. He had lost them in Madison … Continue reading Joshua v Ruis, Johnson v Corbyn. Has Corbyn’s Solid NHS Jab put the Tories Podgy Pugilist Bojo behind on points? #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @Survation @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @Joe Blob20

Mr Johnsons BRINO Lies. We begin our Journey “Back to the future To Where Austerity Began”.An Oven ready Quote from Andrew Neil as he says Mr Johnson is also fond of the term.

Mr Johnsons BRINO Lies. We begin our Journey "Back to the future To Where Austerity Began".An Oven ready Quote from Andrew Neil as he says Mr Johnson is also fond of the term. Perhaps Mr Johnson thinks it is the British electorate that will be stuffed and ready for Christmas an oven-ready Mark for his … Continue reading Mr Johnsons BRINO Lies. We begin our Journey “Back to the future To Where Austerity Began”.An Oven ready Quote from Andrew Neil as he says Mr Johnson is also fond of the term.

THE SATURDAY ESSAY: Apathy in a troubled society & the growth in disdain for our democracy. #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @Survation @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @Joe Blob20

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https://en.wikipedia.org/wiki/Opinion_polling_for_the_2019_United_Kingdom_general_election

On the polling John I think that one has to look at the Vertical as well as the horizontal, by which I mean if you look back as recently as June and July the Quals were not nearly as bad for Corbyn and as such the flexibility or pliability of public opinion is tremendously elastic. It is this susceptibility to manipulation that makes the Purdha periods such a volatile period as a bent out of shape distorted narrative, In this case, the outrageous Antisemitism trope, springs back rather more quickly than would expect with a more settled picture.
I have spent this morning analysing the transcript of the Bojo Jezzer debate last night.
My first reaction was that Corbyn has blown it but after this morning the reaction of Dominic Raab in the Spin Room afterwards made more sense, I sense Raab felt Johnson was the one who had blown it, and I think he is right.
Boris is skating and continues to skate not on merely thin ice but already broken ice. Brino is holed below the waterline and the Brexit Party gang of Four, Nigel Farage’s skinning on Andrew Neil and both the unredacted Trade talk and Treasury committee reports on the effects of the WIthdrawal treaty on the Irish border meant that Boris doubled down on already exposed lies. The BBC Reality Check did Boris no favours and the Interjections of the very supportive to Johnson Nick Robinson simply could not Dig Johnson out of his own Mendacious hole.

Another interesting discussion in the spin room was this one. Between Alex Phillips from the Brexit Party and Amelia Womack for the Greens, Womack is all that is bad in my view with both Green Party and British politics and Alex Phillips represents what I think is the Hope for a Better Future.
at 13.45 mins
https://www.bbc.co.uk/iplayer/episode/m000cn8n/election-2019-reaction-to-the-bbc-prime-ministerial-debate

https://twitter.com/wiki_ballot/status/1203291672915955723

found this retweet on Alexanders Twitter she has a sense of humour too.

https://twitter.com/Iibdem/status/1203065462202019840

Bris Mentioned Pelayo Socialism last night referring to John MacDonald I had not heard of it, here is a good article

https://remnantnewspaper.com/web/index.php/articles/item/3434-the-revolution-george-soros-and-the-assault-on-the-west

it refers to Gramsci’s view on Subverting cultural hegemons, Of Course, Johnson is not a Conservative, I agree with Hitchins and consider Neo-Liberals like Johnsons to be a peculiar species of Trotskyite. and they are no better or worse than Marxist Leninists or Stalinists.

On the numbers alone john this is far from over and time remains to tell us whether pugilistically Corbyn worked the Bojo body sufficiently to wear him out enough for a knock out punch or certainly a Draw / Hung Parliament.

The Bookies odds are drifting, by the way, make of these what you will.
Next UK General Election – Conservative Vote Share Betting Odds

https://www.oddschecker.com/politics/british-politics/next-uk-general-election/conservative-vote-share

Next UK General Election – Labour Vote Share Betting Odds

https://www.oddschecker.com/politics/british-politics/next-uk-general-election/labour-vote-share

Next UK General Election – Turnout Betting Odds

https://www.oddschecker.com/politics/british-politics/next-uk-general-election/turnout

 

The Slog.

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No 2020 vision is going to emerge from the General Election. In the face of economic blizzards ahead, Britain stands dressed in shorts and tied to political totem polls. We need to create shelter beyond Westminster. 

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To use a justice analogy that doesn’t stretch that far, quite a few voters went into this election thinking it wouldn’t achieve anything very much beyond stopping the Article 50 revokers…..but might well put the political class firmly in the dock facing charges of unconstitutional arrogance. A unanimous verdict of guilty having been announced by the jury foreman Tommy Atkins, this would at least earn a stern reproach from Justice John Bull about changing their ways, should they wish to avoid being banished en bloc.

Others still had visions of Captain Farage leading his Lancers into battle against the Westminster boil, draining it with clinical efficiency – and thus ‘changing politics forever’.

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Corbyn V Johnson The Human Own Goal versus the Human Open Goal. Dust in the Wind. #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @Survation @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @Joe Blob20

Jeremy Corbyn is, in many respects, a walking talking Own Goal. A Keen Arsenal Supporter, the Labour Leader is also well known for his enthusiastic and unabashed support for many Causes that go against the main Stream Narratives, so carefully cultivated by the Military-Industrial Complex. In and of itself, this does not make Corbyn a … Continue reading Corbyn V Johnson The Human Own Goal versus the Human Open Goal. Dust in the Wind. #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @Survation @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @Joe Blob20

Two little Pols had too little quals, Do you see what it is yet #PaedoBrino. #RolfHarris #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @JoeBlob20 #NHS #WASPI #Vote4LabourLexit

Two little Pols had too little quals Each had a spin machine Gaily they talked each campaign day Orators both of course One little pol then had a mishap Broke off his interview date Wept for his quals then cried with joy As his spin doctor said Did you think I would leave you waning … Continue reading Two little Pols had too little quals, Do you see what it is yet #PaedoBrino. #RolfHarris #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @JoeBlob20 #NHS #WASPI #Vote4LabourLexit

Carbon Taxation. GE2019 the #CO2 #COP outs, Our Democracy is on Fire! Von Der Leyen and the #EUGreenDeal #WrongKindofGreen #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @JoeBlob20 #NHS #WASPI #Vote4LabourLexit

https://twitter.com/vonderleyen/status/1201469842626363393 What are the economic principles of taxation? 14. Taxation is at the economic core wherever government supplies significant services such as civil and military protection of property rights, infrastructure, education or healthcare. The UK is no exception. 15. Taxation comprises three fundamental economic parts: l Creation of the medium of taxation and issue into the economy l Distribution of the medium of … Continue reading Carbon Taxation. GE2019 the #CO2 #COP outs, Our Democracy is on Fire! Von Der Leyen and the #EUGreenDeal #WrongKindofGreen #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @JoeBlob20 #NHS #WASPI #Vote4LabourLexit

Brino is not Brexit. Get Brexit done describes Brino Perfectly in its Anagram “Being Extorted”. Labour Leavers get behind a Corbyn Lexit! #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @JoeBlob20 #NHS #WASPI

https://youtu.be/4vxwTIy_huo On Wiki Ballot there is a Long Piece explaining how Boris Johnson's Deal is not Brexit and it has serious flaws that make it worse than Theresas Mays Risible Effort, which Johnson himself, resigned over. Once Farage stood down all candidates against Tory held seats, remainer and leaver alike any hopes of a Brexit … Continue reading Brino is not Brexit. Get Brexit done describes Brino Perfectly in its Anagram “Being Extorted”. Labour Leavers get behind a Corbyn Lexit! #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @JoeBlob20 #NHS #WASPI

EXCLUSIVE: North-South divide to cripple Labour & give power to Tories. Or will it? Whose song will the fat lady sing? #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @Survation @wiki_ballot @financialeyes #WIKIBALLOTPICK #IABATO #SAM #GE2019 Roger Lewis ( Porthos) @JoeBlob20 #NHS #WASPI

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The spread in the polls is quite stark John, my preferred collation of all of them is Wikipedia, I have done some editing for political articles on Wikipedia in connection with Both David Malone a Shahrar Ali and also got stuck into some of the UKIP stuff too. Wikipedia editing is dominated by Lib Dems and Tories, and the Establishment line is very carefully husbanded, that said the polling Articles are great and cover all campaigns.

https://en.wikipedia.org/wiki/Opinion_polling_for_the_2019_United_Kingdom_general_election

https://twitter.com/GrubStreetJorno/status/1201832850141667328

https://en.wikipedia.org/wiki/Opinion_polling_for_the_2017_United_Kingdom_general_election

https://twitter.com/GrubStreetJorno/status/1201832732084625408

9 days out the spread is so big as to suggest that the smoothing adopted by the various pollsters is still somewhat eccentric. The Purdha effect does get stronger the longer the campaign goes on, this effect is very strong as the sort of brainwashing the electorate undergoes outside of election purdah rules wears off fairly quickly and a very large number of voters ( The Swing Vote often do not make up their mind until the very last minute and with the Social Media Reach of Labours Campaigning engine everything is still to play for on the doorstep and on the handheld devices through social media.

The BBC poll of polls is 3 days behind and I think dragging its feet on purpose. The increase in the projected Younger vote based upon registrations is also skewed in telephone polls, I do not know if that is empirically supported but I saw the point made the other day and it seems a reasonable suggestion that telephone polling tends to get a more middle-aged to elderly response.

The Bookies odds are not much of a better clue either this time around, although some books make their odds according to political wishful thinking, an odd thing to find in those hardest of hardest noses the Bookies but I do think they are given to bias on political matters.

Its really in the sample smoothing and also the decline in academic objectivity where we find that the polls are not as good as they can be. Again the other question will be turnout, the higher the more likely a Hung Parliament or even slim Labour Majority.

One last thing on Scotland, The Scottish Labour party was strongly Blairite in 2017 and they did nobble the campaign up there, Labour stands to do much better this time around in those marginals as the same sabotaged will not be allowed to happen again, if you search on the web you will find a few articles about what happened.

It is not a foregone conclusion that the SNP will improve their lot in Scotland, It is not a foregone conclusion that turnout will not exceed and indeed lag by a fair margin 2017.
The Coverage is lacklustre suggesting that a low turnout is being willed by the establishment.

And then there are events dear boy events. Starting with Trump is in town for 3 days, EU Military Unification and the Brino / Hammond suicide pill of the Deutsche bank derivative capsize. may all get on the public list of considerations.

Finally, you have yourself pointed out the importance of the WASPi vote, Waspis would be mad not to try and get Labour into power as they have promised to right the wrong and could do so very easily.

Brino is not Brexit it is worse than straight remain. Corbyn’s slated credible Brexit protecting Jobs is more credible than the Re warmed Surrender Act May MK 4. Holding Corbyn’s feet to the fire would be I think easier than Bojo’s should he win a majority on the basis of his risible ” Get Brino done” confection.

Going into the final act I am still not sure the song the fat Lady will be singing.

Meanwhile here’s the Woke They’s Burden.

https://youtu.be/B-MQ4VEvkuI

The Slog.

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Metropolitan Labour has for too long neglected its northern roots. The legacy of Blair, Miliband and Corbyn is going to hand Boris Johnson an overall majority of at least 30 seats

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Yesterday evening was a time for getting my head down and double-checking some election maths in the light of three developments: yet more polls purporting to show a ‘Labour surge’, an insider regional consituency study of which I had sight yesterday around midday, and the Times article released at midnight last night GMT about a giant focus group among marginal seat voters.

There’s no point in sticking to an analysis which is being demolished by a combination of left-field events and new data. If there really is a potent Labour surge going on, then of course it must be reported: such reputation as The Slog enjoys is based on publication without fear or favour. The open mind is…

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