Wankers – The Rainbow Blog

Disability Bashing and My Arse

Bill Kruse — Thu, 16 Dec 2010 09:53:58 +0000

A new study clearly indicates the government are talking complete nonsense about the economy http://www.leftfootforward.org/2010/12/who’d-have-thought-it-‘real’-welfare-is-working/ This just underlines what I keep saying, the government has no idea whatsoever what to do about the lack of money in the system as it’s all down to the banks and the government doesn’t want to come out and …

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Osborne Bails Out Osborne

Bill Kruse — Mon, 22 Nov 2010 15:13:23 +0000

Chancellor George Osborne (who will eventually become an Irish Baronet, we should remember) today announced a bailout loan for the (basically insolvent) Irish banking system of around £7bn, this to come from the British taxpayer. He defends this as in our national interest because we export more to them than we do to several of …

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Toothless Watchdog

Bill Kruse — Wed, 29 Sep 2010 06:10:03 +0000

The International Monetary Fund, the IMF, has described the chancellor’s plans to make draconian cuts as, quoting from the Daily Mail here, “strong, credible and essential”. This is being trumpeted in some quarters as being a ringing endorsement of Osborne’s policies – but from whom does it come exactly? Many would suggest the IMF themselves …

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Taxing The Banks…

Bill Kruse — Fri, 23 Apr 2010 05:16:39 +0000

The problem with the banks is not bonuses or their pricing, it’s that they and they alone are allowed to create money. This gives them a unique advantage over the rest of the population, seeing as we all need it and no-one else is allowed to create it (save, of course, our government, who choose …

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The Government – New Balls Please.

Bill Kruse — Sun, 28 Feb 2010 15:12:15 +0000

It was asked on one of the forums today, “Why don’t I ever hear any good news, or tales of government intelligence coming from the UK?” Because the idiots we elect (being idiots ourselves, for the most part) are busy churning out reams of ineffective legislation in an effort to disguise their overall impotence. They …

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Throwing Moodys

Bill Kruse — Wed, 09 Dec 2009 19:03:08 +0000

Why are we bothered one way or the other that rating agency Moodys are suggesting Britain might lose its credit AAA rating? Moodys has been thoroughly discredited in recent times as it repeatedly gave AAA ratings to what turned out to be sub-prime rubbish. I understand it only exists courtesy of the big banks, who …

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Banking Uber Alles

Bill Kruse — Sun, 29 Nov 2009 05:58:01 +0000

The rotting corpses of the banks are being preserved at the expense of the rest of society. More evidence here; http://market-ticker.denninger.net/archives/1673-They-Arent-Really-This-Stupid,-Are-They.html It speaks of the banks going bankrupt. Given they’re clearly already insolvent this seems inevitable. We should do a remake movie called Banking System In London, in which our banking systems, already dead, physically …

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Floods, Pestilence, Plagues Of Locusts, Suicidal Economists… Oh, Wait…

Bill Kruse — Mon, 19 Oct 2009 06:06:49 +0000

Scratch that last, they weren’t supposed to be there. All this “End of the world” scenario is simply a distraction away from the economic problems that are in reality engulfing us. Brown’s hoping we won’t notice the theft from our wallets if we’re all scanning the skies watching for bad guys. It’s like living in …

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Immature Debate

Bill Kruse — Tue, 29 Sep 2009 11:18:33 +0000

This is Chancellor Darling quoted, I imagine from their own PR, at the Labour Party conference (speaking on economic stabilisation and improvement), “I welcome the chance of a mature debate on how we achieve this goal – even if it is hard to see the Shadow Chancellor taking much part,” he said. “There has, after …

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