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economic situation is dire


ianrobo1

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Also an interesting read is this in the Grauniad with a discussion/interview of Paul Mason and Gillian Tett.

PM: Just because the cost of breakup is so great doesn't mean it won't happen. I was leaked some bank research and the sliding scale of banks that went bust was so frightening I decided it was impossible to report without causing panic.

:shock: When the BBC are too afraid to publish the truth about D (default) Day +1 then it's fair to say there is very big trouble in the post.

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PM: Just because the cost of breakup is so great doesn't mean it won't happen. I was leaked some bank research and the sliding scale of banks that went bust was so frightening I decided it was impossible to report without causing panic.

When you read articles and quotes like that you realise that guys like Max Keiser and US politicians like Ron Paul are not over sensationalising matters really at all.

Government's have willingly allowed companies like Goldman Sachs/Morgon Stanley to take over the world on their watch in the name of Capitalism... and they can hardly complain that matters now seem to be spiralling out of control.

If you listen to Kaiser who is a very clever guy he says that Wall Street traders for the big investment banks are in one scam alone... each and every day creaming about £150Bn off the global economy by means of an underhand levy which is almost impossible to track and so complicated that most politicians wouldn't understand how they do it.

Madoff may have been made to fall on his sword as the scapegoat but similar Ponzi schemes are apparently rife.

I know he's funny but Keiser is banging on about the only way this is all going to be solved is by a socialist revolution French style with Guilletines and bayonets aimed at the whole sorry lot!............. Scary thought.

Fear and Greed... Fear and Greed....

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Please could all posters desist from commenting on the spelling/grammar or quality of others' posting styles, or from posting on poster. Additionally please endeavour to use your computer's spell check capability or to at least proof read your posts before hitting 'submit'. Thank you

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Please could all posters desist from commenting on the spelling/grammar or quality of others' posting styles, or from posting on poster. Additionally please endeavour to use your computer's spell check capability or to at least proof read your posts before hitting 'submit'. Thank you

You want a full stop after that last sentence.

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so they are debating the issue of fuel today?

hopefully politicians from both sides will see sense and not add the 3p on and try to work out a way of regulating (somehow) the fuel prices.

whilst they have tripled in the last couple of decades, recently it's been jumpig from £1.35 down to £1.28 within weeks. never used to be like that, maybe the odd pence but not 7p.

it's not just individual stations either it's across the board from what I see around the midlands/warwickshire area.

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Saw yesterday that the govt "only" take 66% of the price of fuel in tax , down from 81% in 2000 ... i thought the tax rate would have risen if anything what with the increase in VAT

I'd still love to know how "we" can blockade pumps at 79p a litre and then sleep walk whilst it hit £1.30

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it's not like we could all fill up on a monday and not buy anything together for a week because it wouldn't hit the cashflow of their businesses enough.

what many businesses could do as a protest is allow many worker who use computers work from home for a fortnight.

now that would make a difference. although they would need to ensure productivity was maintained.

there are thousands of jobs where a simple secure online login would enable them to continue working.

call centres, admin centres etc.

most have their logon stored as an image and could access their info and drives remotely anyway.

that would result in a couple of million cars off the road for a fortnight.

either that or have a chinook hover over each of the 500 odd MPs house every night to spite them.

the solution would have to be more than 1p duty not being added, it would need to be something like removing VAT altogether.

or just invade russia.

perhaps we should have an Oil Factor where people put their ideas forward until they get voted off.

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Oil Factor where people put their ideas forward until they get voted off.

Very much OT but did you see a Chinese version of X-Factor (titled Mongolian Cow Sour Yoghurt Super Girl Contest) had 100 million votes in it's episodes , so it's been pulled as the govt are worried it will encourage democracy

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Oil Factor where people put their ideas forward until they get voted off.

Very much OT but did you see a Chinese version of X-Factor (titled Mongolian Cow Sour Yoghurt Super Girl Contest) had 100 million votes in it's episodes , so it's been pulled as the govt are worried it will encourage democracy

no but that sounds like it's something they would do.

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The fuel debate is huge for me, where I work is not easy to access by public transport and I have to do a daily 80 mile round trip on top of everything else making my fuel bill a minimum £70 a week! With my car loan, insurance, tax, service and repair costs I am working to earn enough money to get to work.

Its ok for the do gooders to say get the bus or train but the costs are huge too and for me it would be a bus - long train journey - bus - walk and the return home being the same.

I love where I work but I just cant afford to work here anymore.

Sick to death of being screwed on fuel!

Oh yeh! whats this bullshit with diesel being more expensive than petrol! It cheaper to produce and used to always be cheaper to buy!

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question is how much would it cost the government to remove VAT from fuel altogether,

and then how tricky would it be to effectively CAP the fuel prices for 12 months at say £1.05p per litre, or put something in to prevent that cost being eaten up by greedy business?

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question is how much would it cost the government to remove VAT from fuel altogether,

and then how tricky would it be to effectively CAP the fuel prices for 12 months at say £1.05p per litre, or put something in to prevent that cost being eaten up by greedy business?

Just to put the total tax on fuel into perspective, where I'm living the price is 20 pence per litre on unleaded wth no tax or duties added. Clearly the companies supplying it are still able to make a profit at that level so the cost of crude oil and the refining process are not that signifcant on the cost at the pump.

The UK population get fleeced to death in taxes, any argument that one piss farty little island is going to save the environment by screwing over everyone needing to operate their own hydrocarbon fuelled transport is beyond ridiculous.

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Screw the environment.

Isn´t it more about the fact that oil production peaked some 20 years ago?

It has been stagnated ever since, unlike the number of barrels used in places like China, India etc.

Mate the idea that 'peak oil' has been reached is not true at all, the exisiting major fields are still swimming in the stuff - Saudi, the Stans, Russia etc - and the new fields are just more difficult to get to. They are either in deeper water offshore or in pretty unstable places onshore...

...Watch the international focus zero in on Somalia and Yemen in the next 24 months.

Got bikes?

Careful, you'll be labelled a Tory if you use language like that :winkold:

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Screw the environment.

Isn´t it more about the fact that oil production peaked some 20 years ago?

It has been stagnated ever since, unlike the number of barrels used in places like China, India etc.

Mate the idea that 'peak oil' has been reached is not true at all, the exisiting major fields are still swimming in the stuff - Saudi, the Stans, Russia etc - and the new fields are just more difficult to get to. They are either in deeper water offshore or in pretty unstable places onshore...

...Watch the international focus zero in on Somalia and Yemen in the next 24 months.

Got bikes?

Careful, you'll be labelled a Tory if you use language like that :winkold:

That is why I didn´t mention peak oil. Peak production however, is easy to meassure. :)

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