Saturday, 31 January 2009

Never catch a falling knife



Gordon has revealed in Davos that nobody has a fucking clue where this is leading.

No great surprises. Up until now, no one has been allowed to invent fictitious money and actually spend it. The US started it by selling sheds to black men in string vests and then inventing more money to sell more sheds to black men in string vests.

The UK followed suit, with every bank or credit card company falling over themselves to lend the great unwashed unheard of amounts of money, money they could never ever repay, spent on furnishing two bed houses they couldn’t actually afford to buy anyway.

Who complained? Certainly not China or India who couldn’t keep up with the demand for chocolate fountains, BMX bikes or PS3’s. Did we complain? Nah, it was all on the never never and house prices were going up so fast, all you had to do was wait six months and remortgage and bingo, a new car AND a plasma.

And now it is revealed the emperor is stark bollock naked and all that money didn’t really exist. It was made up money, not backed by gold or assets.

So fuck ‘em. The money wasn’t real. So they can’t ask for it back, can they?

My advice:

Don’t pay your debts. Tell them to fuck off, they’ve had billions of tax payers money, take it out of that instead. It’s not real money anyway.

What’s the worse that could happen if EVERYBODY just said fuck off, leave me alone?

The banks would fold (big deal) as our elected representatives did as we told them. The slate would be clean and the pavements full of dead bankers or dead politicians.

Win win


Update


hat tip to whollyrude

43 comments:

Ampers said...

I am a responsible person. I have no debts and haven't had any for decades. And I have money in the bank.

My next door neighbour is an irresponsible person. He has a 120% mortgage, a large Mercedes on credit, about 16,000 on his credit cards and nothing in the bank.

Down the road is a bank who lent money to anyone who asked for it.

Who is to blame?

I am suffering through low interest on my money.

The irresponsible neighbour is suffering as he will lose his house and car.

The bank down the road has been reimbursed by the taxpayer so is not suffering.

What I am trying to say here, is, it is six of one and half a dozen of the other. By all means, blame the banks, but blame equally the irresponsible people who have saddled themselves with all the debt.

Old Holborn said...

Ampers, if I may

Hair shirt anyone?

Oldrightie said...

220 people here aren't feeling the pinch!

http://oldrightie.blogspot.com/2009/01/are-you-feeling-pinch.html

Mark Wadsworth said...

Wasn't it "unemployed black men in string vests"?

Old Holborn said...

Gordon Prints a £50 Gilt ( which costs about 1p to actually print) The Banks come along, take the Gilt and Print a £50 note ( this too only costs them 1p to print)

Gordon and the Bank have now Committed you and your children to working for the FULL FACE VALUE OF THIS ‘MONEY'
to pay it back, when it only ever cost 1 pence.

We are being scammed

Revolution Harry said...

Don't forget to blame the government as well. They happily allow the banks to create money out of thin air, inflate the money supply, which results in the spending power of the pound in your pocket (or bank) being reduced. Inflation as (hidden) taxation.

While you're at it blame the Queen (the Crown), her frontman Rothschild and the rest of their City of London lackeys. They're the big winners financially. Plus they get to herd the frightened sheep into Gordon's New World Order.

There's much more to all this than we're being told. These people have an agenda and our role is supposed to be pay your taxes and shut up. Not me, I've had enough.

OH, am I right in thinking you live in the Bristol area? If so I came across this Facebook group you might find interesting. Here's some people prepared to take action.

http://www.facebook.com/group.php?gid=49325220209

Fidothedog said...

Thats the problem in a nutshell.

Old Holborn said...

Money is the capitalisation of physical labour.

All the banks have done is plunder the efforts of the Chinese, via us.

They "invented" this money they now suddenly don't have, yet want me to work harder to pay it back via tax bailouts

Nope.

bofl said...

we have all been fooked........

the problem is that most people are too stupid to realise........

we have been force fed a diet of 'must haves' ie £120 nike trainers for 15stone 9 year olds!!!!!!

and the lovely lefties want equality for everyone.......

but equality doesnt work because we are all DIFFERENT.

a while back (please post on my page the exact details if you have them) mc cnut brown himself seemed to think that the pinnacle of life for the lower classes (er... anyone except him ) was to own a plasma tv.......

when we have deranged cnuts like him working in collusion with bent bankers,utility bosses, union leaders etc and stuffing the lords full of labour cronies then we were always going to end up in Pandemonium.

Some of us have been aware of this for ages......but as we all keep our heads down they keep on shitting in our faces.....

now this cunt is trying to offload his share of the blame saying there is no way out.......

i will post later on this......

however a good start would be for gordon to go to the top of the matterhorn-

and toss himself off!

Revolution Harry said...

Gordon Prints a £50 Gilt ( which costs about 1p to actually print) The Banks come along, take the Gilt and Print a £50 note ( this too only costs them 1p to print)

Gordon and the Bank have now Committed you and your children to working for the FULL FACE VALUE OF THIS ‘MONEY'
to pay it back, when it only ever cost 1 pence.

They don't even print the gilt OH, it's just numbers on a computer screen. They sell the gilt and agree to buy it back at a higher price at an agreed time in the future. Of course the government can't afford to buy it back so they print more gilts, sell those and use the money raised to pay off the previous debt.

"In the Colonies, we issue our own paper money. It is called 'Colonial Scrip.' We issue it in proper proportion to make the goods pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power and we have no interest to pay to no one. You see, a legitimate government can both spend and lend money into circulation, while banks can only lend significant amounts of their promissory bank notes, for they can neither give away nor spend but a tiny fraction of the money the people need. Thus, when your bankers here in England place money in circulation, there is always a debt principal to be returned and usury to be paid. The result is that you have always too little credit in circulation to give the workers full employment. You do not have too many workers, you have too little money in circulation, and that which circulates, all bears the endless burden of unpayable debt and usury."

Benjamin Franklin in his autobiography.

Obviously before the evil that is the Federal Reserve got a grip on America.

One more quote to ponder:

Money is created when banks lend it into existence. When a bank provides you with a $100,000 mortgage, it creates only the principal, which you spend and which then circulates in the economy. The bank expects you to pay back $200,000 over the next 20 years, but it doesn't create the second $100,000 - the interest. Instead, the bank sends you out into the tough world to battle against everybody else to bring back the second $100,000."

Bernard Lietaer, Former Central Banker

bofl said...

ps re debt............

sometime back a friend of mine asked the question....

'i wonder what would happen if we all refused to pay our mortgages'?

they couldnt take us all to court could they?

It's not rocket science said...

Their is no mystery to any of this, i still cannot understand those still scratching their heads when the explaination is right under your noses, if you just cared to look.

http://uk.youtube.com/watch?v=z13TzFBtsWw&feature=channel_page

Old Holborn said...

I'm not financially fucked. I've never been richer, my mortgage never lower and business never better.

My concern is how Politicians are going to "find" the missing money, invented by banks and governments.

It is going to get VERY ugly indeed.

Anonymous said...

bofl said...
ps re debt............

sometime back a friend of mine asked the question....

'i wonder what would happen if we all refused to pay our mortgages'?

they couldnt take us all to court could they?

31 January 2009 17:35

At least bwith the loans, you had the option and signed on the dotted line.

With taxes I don't get a fucking chance to sign on the dotted line and never once voted for these cunts.

Don't pay your taxes before you don't pay your loans. If no one paid their tax bill, it's a win-win situation!

Old Holborn said...

'i wonder what would happen if we all refused to pay our mortgages'?

they couldnt take us all to court could they?

They don't need to. Look around you. You are already in an open prison. They would simply buy the debts from the banks, using your money, then nationalise the housing stock. Behave or be homeless.

Worked a treat for the East Germans.

Dick the Prick said...

Could be worse, could be African or live in London. What the fuck goes on when a 26 year old brick shithouse gets stabbed in front of his 3 year old on the way to visit his new born?

It's Saturday - i'm taking the day off from being screwed, disgusted and angry. My mental health is suffering.

Have a good weekend peeps and spend time with your loved ones - that's free.

Damo Mackerel said...

I think now would be a good time to buy physical gold and silver. The dollar, sterling and euro will eventually collapse.

bofl said...

anon 17'40

the mortgage market was/is a huge scam.......bigger than anything the bunker hunts could have imagined! (look it up)

i dont have a mortgage......so i am lucky.......

+++++++++++++++++

o/h the money has gone to money heaven........the wave of money that pushed up the prices of 'assets' such as property and shares etx has resulted in false valuations-it ALWAYS does-

so now the bubble has burst- and it isnt pretty for all those that got suckered in at the top..........

we have been living above our means and 'creating' employment that is just cosmetic.ie look how many needless roadworks/railings/quangos/council depts/social workers etc that we have............all these jobs do is make the unemployment figs look better than they are-

so mc cunt etc can carry on carrying on.............
lie upon lie has resulted in the whole world being detached from reality..........the reality being that this flood of money (worthless paper) has only a fraction of its estimated worth and the uk is a basket case living like addicts needing a fix of retail therapy whilst creating a huge black hole of debt........

our country makes very little and runs a huge trade deficit.....

it cannot go on.........
same in u.s.........

it is end of empire time.......

hopefully with a few ceaucescu moments thrown in!

electro-kevin said...

I agree with Ampers and was similarly careful about debt.

It looks likely that I could lose my job over this - not imminent, but the writing's on the wall for sure.

I DO think that mass disobedience should follow. Parliament is corrupt and this 'boom' was allowed to go on through a failure of regulation - I believe it was bread for the masses whilst the WHOLE political class lined their own pockets and dismantled our freedoms.

Do they seriously expect us to believe that no-one in the corridors of Westminster could see this coming when hovels were changing hands at 10x average yearly incomes ?

Organise collectives to resist the bailiffs - street-by-street.

What will be the rank-and-file police's position when ordinary people start revolting ?

They'll do the politician's bidding no doubt.

It's their suppine acceptance of political correctness that has helped make this country shit.

bofl said...

i was told recently of a guy on job seekers allownce that bought 3 buy to let flats..jsa as it is known is currently £60.50 per week!!!!!!!!

how diligent the bank must have been....

fuckwits .......all run by people that are detached from the actual business......rubbing shoulders (and cocks probably) with the great and the good......at lunches,cocktail parties and dinners with mc brroon talking twaddle........backslappers all lining their pockets........

and now the same shits are bailing each other out..with YOUR MONEY!!!!

someday said...

No road map, no moral compass and up shit creek without a paddle.

Cunts.

bofl said...

perhaps the libertarian party cold send our mps roadmaps to beachy head?

bofl said...

*could*

Old Holborn said...

No road map, no moral compass and up shit creek without a paddle.


Remember that the next time a highly paid and privledged politician tries to tell you "the way forward" using YOUR money.

They know as much as you do. If that.

Revolution Harry said...

I'm with Dick the Prick. I need a mental rest so I'm off out. Before I go here's one more comment to reflect on:

Robert H. Hamphill, Atlanta Federal Reserve Bank said: "We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon."

It's not quite every pound; it's actually about 97%. The other 3% is notes and coins.

Lord Elvis of Paisley said...

This might be of interest to you;

http://news.bbc.co.uk/1/hi/england/bristol/7862521.stm

Damo Mackerel said...

EK suggested that failure of regulation lead to this 'boom'.

I disagree. It was the USA intervention policies when it came to dealing with the markets and the dollar that have caused this recession which is soon to becoming a depression.

Obama Barrack is intervening along with Gordon Brown to name a few and that's going to cause more problems.

The Government is not the solution it is the problem. It always will be. We need less Government.

Let's hope the cheese eating surrendering monkey frogs get the whole thing kicked off with a Western revolution.

Can't believe I'm actually relying on the French to do something.

Oh the shame of it all.

Anonymous said...

"403 years ago on this day in 1606, Guido Fawkes, following months of torture was convicted of treason for his part in the ''Gunpowder Plot'' against an oppressive political class and the tyrant King James I, and executed. Now, some four centuries later, it is Guido's turn to torture politicians..."

And, whilst doing so, he treats those who choose to comment on his blog with contempt.

Comment moderation is turned on and off apparently on a whim, without any regard for those who give their loyalty to his site.

The well-known Guido refund policy applies, if you don't like it, fuck off.

Yet, if he needs, for some good reason, to turn on comment mod, would it be too much to ask for a brief explanatory note, saying why and for how long? Would the work of a few seconds be too much effort? Are those who add their own modest contribution to his herculean efforts unworthy of even such a minor consideration? And what about manners and the most basic civility? Is Guido Fawkes so far above all that? Or is it that he considers those who comment so far beneath him?

Already a number of well regarded regulars have deserted. Given Guido's apparent arrogance and contempt towards those who remain, will this become a continuing trend?

Anonymous said...

Very remiss of Bristol Council, only the boys & girls? What about the teenage gays of both sexes, the teenage transvestites & teenage transexuals - after all, if they insist in inclusivness they may as well go the whole hog! Cunts!

Old Holborn said...

, if he needs, for some good reason, to turn on comment mod, would it be too much to ask for a brief explanatory note, saying why and for how long? Would the work of a few seconds be too much effort? Are those who add their own modest contribution to his herculean efforts unworthy of even such a minor consideration? And what about manners and the most basic civility? Is Guido Fawkes so far above all that? Or is it that he considers those who comment so far beneath him?

Already a number of well regarded regulars have deserted. Given Guido's apparent arrogance and contempt towards those who remain, will this become a continuing trend?


Trust me, I've had my fair share of aggro. If Guido decides he's had enough of un-named people shitting on his sofa, raiding his fridge, and pinching his wifes arse, then it is his right to put up a garden gate on his private property.

I've never done it. But one day I may to.

Dave said...

We're only part way through this current financial crisis.
Remember where we are heading?

New World Order?
One world government?
One global currency?

This is just another step along the way. remember that we gave the banks all our savings, then the gummint gave them all our future earnings and there'll be some sleight of hand in the next few months that will see all the banks taken over as they all fall over.

Then we'll know who our new masters are.

And they'll want their money back. Pound of flesh or your sons and daughters into slavery. They're not bothered but they will have you one way or the other

Anonymous said...

"Trust me, I've had my fair share of aggro. If Guido decides he's had enough of un-named people shitting on his sofa, raiding his fridge, and pinching his wifes arse, then it is his right to put up a garden gate on his private property.

I've never done it. But one day I may to."

OH you miss the point. I'm not denying his right to do what he pleases, I'm questioning why is it necessary to treat everybody with such apparent contempt and lack of manners? Why not explain the reason for comment mod? And for how long? Is it a condition of operating a blog that you treat those who comment like shit?

Dick the Prick said...

I've noticed over the last week or so, whether it's 1 complete fuck tard or a bit of a campaign but you pop a comment down and wander back 20 mins later and loads of inane shite has been dropped.

Whatever's going on is really annoying. 1 cunt just bangs on about GF's given name being a kiddie fiddler - haa haa. Not only insulting, pointless and mental but fucking bad form.

I've suggested the lad gets an intern but no-one would put up with that. Seriously - just carpet bombing.

Anonymous said...

@ Dave
We're only part way through this current financial crisis.
Remember where we are heading?
/snip/

I'm wondering the same... but whats their next move? UK Joins the Euro? Then one big happy EU Family, USA joins in future.

over to you...

I really gotta start using a proxy to this blog... I have nightmares of black helicopter. :/

OH guido's mini me said...

Trust me, I've had my fair share of aggro. If Guido decides he's had enough of un-named people shitting on his sofa, raiding his fridge, and pinching his wifes arse, then it is his right to put up a garden gate on his private property.

I've never done it. But one day I may to.

31 January 2009 22:27


Strange that you were bragging about freedom of speech and mocking guidos totalitarian side to his blog only a few weks back.

you are full of it OH, just another plastic rebel looking for some ego satisfying attention.

Guido often switches on moderation almost always when his political views are being discredited or his hypocracy highlighted.

I and others have had perfectly good and well reasoned posts pulled by Guido, and after one or two you give up the will to bother, he sheds good posters daily and ups the antagonism with his arrogance.

You really do try and justify the most stange behaviour OH.

But then this is what happens when the ignorant make a blog, get early praise for speaking out and then run arround smearing shit in the posters faces as the posters tend to have a more informed opinion and point out the hypocracy of the posts.

Once you side with the total control freeks you are no longer one of us.

it's either banned or compulsory said...

Lord Elvis of Paisley That happened to Haringey Boys Club twenty years ago, they turned it into a multi gender multi-culti paradise and didn't Haringey turn out swell ?

Ampers "By all means, blame the banks, but blame equally the irresponsible people who have saddled themselves with all the debt."
My cousin resigned as a multi-branch bank manager over two years ago because of the pressure he was under to sell loans to people that could not afford them. So yes, blame the banks.

Bird & Fortune had this whole sorry mess sussed over a year ago, how come it took the politicians so long to notice what the bankers were up to ?

man in the street said...

Great blog OH & crew. Am bored with Guido's toy throwing antics...

Anonymous said...

Now that both Mcsnot and Lord Fondlebum have made public the fact that the British workers striking "Is the wrong thing to do", there is no clearer message that we have been abandoned and there is absolutely no support for the natives.
I can only hope that the strikes go on, spread quickly and marching on Parliament becomes a reality. The sooner the better.

Daisy said...

old holborn...you presume someone will look for the money...pfft...they will just bail out...or be bailed out...either way...no one is going to go on a hunt for the money...they all know it was never there in the first place...

Blogocracy said...

OH....
Trust me, I've had my fair share of aggro. If Guido decides he's had enough of un-named people shitting on his sofa, raiding his fridge, and pinching his wifes arse, then it is his right to put up a garden gate on his private property.

I've never done it. But one day I may to.
***********************

HAHAHAHAHAHAHA. If only you were that popular you sad old cunt. OH Guido's mini me @3:52 as the measure of you.

Old Holborn said...

Oh look,

No names are all seething that they can't rant on Guidos, so they arrive here to call me a Hoon instead.

Feel free. There is no charge. Alas there are also so refunds.

Bob said...

OH,

Hope you had a good time in Zurich, sorry I couldn't make it up there.

Did you see the mails I sent you or did they get lost in the post or eaten by the dog?

Anonymous said...

Old Holborn said...
Oh look,

No names are all seething that they can't rant on Guidos, so they arrive here to call me a Hoon instead.

Feel free. There is no charge. Alas there are also so refunds.

01 February 2009 09:26


Strange that you called my comments blocked by Guido a seething rant, first without being aware of the subject matter - highliting both your arrogance and your ignorance as mentioned and especially so in light of the subject matter being something you actually posted on the very n4ext day!

Then to top things off, you justify the `mini me` comment by signing off with a Guido phrase!

Think before you type - that is all!

Oh and to all you hangers on looking to be part of the gang, you are no better than the scum that destroyed this country having not a single original thought in your tiny minds who would follow the leader if he lead you off a fucking cliff!

The sycophants are the people we can do without, as they contribute - NOTHING.

Ratings and Recommendations by outbrain

LinkWithin

Related Posts with Thumbnails