Desperate times, but no answers.
The continuing crisis and slump is still not over, but at least we now see some slight improvements. Or do we?
And at what cost, Z
ero hour contracts, many part employed and many of the richest simply get richer.
The bedroom tax, the nightmare for disability claimants are just examples, to prove we are not ”all in it together”.
We know the cuts by the coalition are for right wing ideological reasons alone. They care only for their own interests. And how many of us are, or indeed feel better off?
This system has made many desperate attempts to survive, but of those that stand out in the past century, it has to be quantitative easing, wars and almost zero interest rates, which have become the most desperate.
In all this time the real problems have eaten more than £12 trillion in public funds. It has been at the root of practically every major political argument in this country, and it affects every aspect of the way we live our lives. In fact, you will certainly see the consequences of this deep rooted problem unfold across the cities, towns and villages of Britain. No one will escape the fallout and pensioners and those vulnerable are likely to be the most affected. Our system needs to be repaired and much more than that, we need to search for alternatives and a new system. And as I type, new cuts are being planned!
The same financial problems that have been tracked from bank to bank, from company to company for more than seven years, have now found there way into the very heart of our financial system, which continues in disarray.
And many still insist that we have no alternative other than to follow the same system that has continuously failed. The legal system also seems in disarray, which seems to condone the illegal wars been carried out under the name of democracy. We remember previous rulings.
The next phase in this crisis could threaten our very way of life. We know that printing mountains of money can only end in disaster. And, unlike most of the presenters on TV and in the mainstream press, some analysts understand what’s really going on, but it is in their interests to deceive us.
Together with tiny interest rates and fictitious capital it could again end in disaster. And we often forget those that save.
But the Bankers who were partly responsible for this crisis have no answers, other than austerity. Another desperate attempt to resolve matters. They avoid the interest rate dilemma and fictitious capital problems.
This is precisely why the system needs it surveillance to try to reinforce its authority, even over our mild form of democracy. Eric King, Deputy Director of Privacy International, said the surveillance was ’the modern equivalent of the government entering someones house and reading their diary, correspondence and journals’.
The freedom GCHQ and the NSA had to carry out surveillance was equivalent to “covert, complete, real-time physical and electronic surveillance”, he said.
“Arbitrary powers such as these are the purview of dictatorships, not democracies,” he said. “Unrestrained, unregulated government spying of this kind is the antithesis of the rule of law and governments must be held accountable for their actions.”
If we allow our precious NHS to be completely sold off and benefits are scrapped, the confusion will turn into rage and huge campaigns.
Surveillance seeks to control us all, in societies desperate push to retain their precious and often corrupt system. Spying on its citizens in both the UK and the World, attempts to transfer the power balance away from the majority to the minority- but rich elite. It seeks to frighten and control us.
The system needs its surveillance even more as the worldwide economic system implodes. It’s clear our public finances are in an enormous mess. And to some extent, some politicians will admit it. But add in our financial, personal and private debt and an even darker picture emerges. Our housing policies are also in disaray.
And we still hang on to 0.5 percentage interest rate, as the fear of an increase causes trepidation, unclear signals and bungled statements from the Bank of England.
That means the most important trend of the next twenty years is almost certainly rising interest rates, as I have now argued for years.
We’re now facing an unprecedented crisis. As interest rates rise, our record debts will become impossible to bear. And what will happen to all those that purchased on a buy to let basis?.
And at precisely the same time, we need to fund our services such as the NHS. Only a new economic model can achieve this.
We can’t rely on mainstream commentators to help us in even giving a fair and unbiased picture.
We need to start real debates around the country, to prepare for a new and non speculative system and this is very possible and in the interests of us all.
The dithering Bank of England have no answers and continue with their desperate ramblings about interest rates.
And no, this is not a scaremongering blog.
It is simply written to enable us all to see that there are alternatives.
Join us in the forthcoming campaigns around the world- we can make a difference and bring about real changes.
Ivor Timson 