Tuesday 18 December 2012

Economic Info

Online Parliamentary Information Yearbook: It seems it was the pensioners who were prosteting last night.They have just lost their 'in-line with inflation'   increase.

I also think this is about the changes in unemployment benefits. The unemployed do not receive the emergency 400 Euros a month now, if they have parents working or grandparents on a pension. Yep, its the bank of mom and dad or Nan and granddad.
Spain has got to be out of the mess for next year, the cuts are horrendous.





Online Parliamentary Information Yearbook: The illusion that you can switch hard times on and off at will as if politicians and bankers stand above the laws of economics will soon be debunked.

Money magic is a futile and dangerously childish belief that seems to have removed all will from politicians to deal with the real social and industrial causes of this appalling crisis.

Real productivity in the West has plummetted. Managers, in many cases, are lazy, incompetent, corrosively selfish and are doing catastrophic damage to real productivity.  There are too many of them and at the same time millions are being paid to do nothing.

This is the reality.  Rather than address reality, politicians still believe in the money magic fairy.  They are clueless, idealess and shadows of what heavyweight politicians once were and will soon need to be again.

It will be a great day when these people are hurled into political obscurity by the tidal wave of events coming our way.  It is going to happen, have no doubt about that.  Our ruling and middle classes have become complacent, lazy, selfish and decadent.



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