Saturday, March 21, 2009

Now we are really fucked

It seems that the last vestiges of our freedom are to be handed over to the EU.
European leaders, including Gordon Brown, agreed yesterday that a new regime to tame the excesses of capitalism and regulate the markets should be based on the proposals of a former French central banker, ceding the European Central Bank some authority over the City of London for the first time.

An EU summit devoted to the economic and financial crisis called for new European laws to be enacted before the end of the year establishing a new regulatory system for financial markets, banks, hedge funds and private equity groups.

Reflecting the views of the German and French leaders, Angela Merkel and Nicolas Sarkozy, the summit unanimously declared that the new regime be based on the recent recommendations of a group chaired by Jacques de Larosière, a former French central bank chief, which calls for a "European Systemic Risk Council" with ultimate authority over all financial markets in the EU.

While the British agreed that the French economist's report represented an acceptable basis for drawing up a new system, Gordon Brown stressed "we also need to ensure that supervision is done at a national level".

You fucking delusional moron: do you seriously think that, once the EU has got its hands on The City of London, that it is ever going to release its grip?

The EU has been trying to take control of Frankfurt's only major competitor for fucking decades and now you—you fat incompetent fool—you are about to hand it to them on a plate.
Ahead of the G20 summit being hosted in London by Brown on 2 April, the divergence in views over how to regulate the markets is shifting towards convergence, European leaders made clear.

I am reminded of that Adam Smith quote:
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty and justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary.

I think that we can designate politicians as trademen of the most lazy, capricious and disgusting kind, can we not?
"Markets must be free, but they cannot be values-free," said Brown.

You fucking moron. As I said a little while ago, when you were wittering on in the same vein...
Markets don't have morals, you fucknuts. A market is simply what happens when a collection of entities come together to trade—they do not have morals any more than a coven has morals. The only morals that a market has are the morals of those individuals participating in that market—and they are not homogenous, even though you stinking, corrupt, brain-washing, bastard politicians have been trying to achieve that aim for some time.

You stupid, stupid, stupid cunt.


Bishop Brennan said...

Atlas Shrugged appears to be coming closer to reality every day. :-(

Werner Patels said...

It is an outrage, I agree. As far as I am concerned, the sooner the EU falls apart, the better it will be for everyone.

I am still keeping my fingers crossed that the predictions of some pundits, observers and experts will come true, that the one positive outcome of this global recession will be the full disintegration of the EU.

LH said...

Get out.
Seriously, I plan on moving away from the EU as quickly as I can, for the sake of myself and my family.
This rapid centralisation will only end in disaster for people living in member states.
I don't plan on becoming a statistic when the horrific mistakes of the 20th century are repeated.

David Davis said...

It's no use calling him a c***, Devil: he does not understand why that is a term of opprobrium (justified or not) nor does he understand why we say he is doing wrong, because he knows he is right.

These people are wicked _because_ they are doing what they do on purpose. their objective _is to_ destroy individual liberty, and in especial in the place which invented it for the rest of the world. It is _our_ special punishment from them.

Bill Quango MP said...

I get it. Its a joke. An April fools joke. The joke takes place on April 2nd not the first. That's part of the joke too!
Good one Gordon. You had us all fooled. For a moment we all thought you were serious.

North Northwester said...

It's not their liberty, it's not their freedom, it's not their loss.]

Gut crumpets.

Me again said...

DK, Cunts are sometimes useful, whereas our beloved Prime Miniature's only use is................The glass eye has got to be worth something surely?

Oswald Bastable said...

Bugger me- do we have to come over there AGAIN and help bail you out from those twats on the continent!

Devil's Kitchen said...

It depends: are you from the US. In which case, you guys have just passed a bill to charge people 90% tax on bonuses.

So maybe not...


max the impaler said...

Why not just bomb us as well, and finish the fucking job...the fat monocular lunatic.

Thortung The Terrible said...

The deluded jockanese numbskull has neither the depth nor the warmth of a cunt.

Budgie said...

The EU is a reconstruct of the Roman Empire. It has all the ingredients: run by the very rich and powerful for the very rich and powerful; superficially benign provided you toe the line; only the freedom to consume and fuck, not to think or dissent; anti-democratic; corporatist; self obsessed; excessive regulation to catch anyone who annoys the rich and powerful; relaxation of the law for actual criminals; excessive taxation coupled with excessive welfarism (the dole); TV instead of the amphitheatre; government by scaremongering; failure to address the real problems; etc.

Anonymous said...

I will be all for the EU, once the UK is out!

Anonymous said...

The fixation on blaming the market, both in the UK and the US, overlooks one important thing: the reason we Brits and Americans are in such shit, far worse shit than other developed countries, is fuck-all to do with the market and everything to do with reckless government borrowing.

Under Bliar-Broon in the UK and under Bush II in the US, government borrowing and spending has risen to meteoric levels that simply cannot be sustained. This is why the UK and US are having a depression while the Germans are having a mild recession.

Broon's fixation on blaming the market is a crass political gesture to distract from his own part in creating this mess.

Anonymous said...

I was listening to an american pundit on why the market bubble bombed. You can view it here.

Turns out the financial markets and big banks were doing fine until the government stepped in and started regulating them. Specifically ordering them to give out loans to sub-prime people.

How f**king stupid do you have to be to order a bank to loan out at least 50% of its loans to people you KNOW will not be able to pay them back?!


Anonymous said...

Covens have morals

Katabasis said...

I have to say I despise the City. When I was working there it was packed full of the most narcissistic corrupt fucknuts I've ever had the misfortune to encounter.

I had to get out before I got sent down for murdering a trader in the lift after we'd had yet another screaming match on the trade floor about him losing connectivity to a market for a few seconds. The recently published expose of city life, "City Boy" has it bang on 100%.

I spit on the city. I curse it.

And yet, it wasn't supposed to be this way. Where there were problems - and there are many - systemic and deep - this was our problem; our burden to bear. I'm simply left exasperated at the thought of the EU taking control of the City. And as some have already intimated - once the EU has its claws in, it's control is only going to deepen.

I remember this recent article in Lew Rockwell. The author, Gary North, thought that such a collossal write down would be the end of the European project. It should be. Yet, as an american I think he grossly underestimates that fundementalist determination the federalists have. They're not going to let go of the vision, the dream. Not for anything.

vesuvius said...

OT but talk about fucked ..... we now have our prime minister and leader of the opposition falling over each other to be first to praise the 'courage' of a pig-ignorant racist.

The whole fucking country is in thrall to fucking reality TV morons.

The UK is fucked.