Olympic Shield For The Real Goings On.
I rather enjoy the Parliamentary recesses. Not least how little we miss their posturing and useless gatherings. I'm also very glad these Olympic games have begun. The actual sporting events tend to be a blessed relief from the never-ending hype and smug rip offs, paraded as some kind of wonderful benefit to us all.
One fact does emerge from the whole rather disappointing business. The reality of our lives and our now fractured United Kingdom. A break up set in motion by Bliar, in an attempt to LIBOR votes and seats. Behind those secretive and hidden schemes are the lies, manipulation of money and power for the few, at the wretched expense of the many.
We all know these Olympics will have enriched many via nefarious deals and unpleasantly nurtured patronage. Lord Smug (Coe) must have enhanced his bank balances many times over but pale into insignificance compared to some of the Tessa Jowell like Italian interests! I also suspect Labour did not forecast that the final pay outs would go right rather than left!
So enjoy the sport and the competition by all means. You are paying through the nose to fund it all, just as you have all the other scams and pickpocket goings on. All I ask is don;t lose sight of the unpleasantness that is ever present, where vast sums are to be filched by those trained to see an opportunity and exposed, trusting pocket. The high class whoring for the VIPs will be doing very nicely.As will the Dorchester clandestine poker games with the World's GDP earnings on the backs of the exploited.
Don't lose track of the LIBOR manipulation either. In that particular scam more pockets were picked than in all the world's cities combined. Unlike the more naive "experts" this blog smelt a rat the moment the word "manipulation" appeared. What can be pushed down can also be sent up. Yale economic academics seem to get it. I quote, "More nefariously, banks also manipulated Libor to make money or avoid losses on their trading portfolios. For example, when U.S. traders at Barclays wanted Libor to rise in order to draw a bigger profit on some of their financial products, they simply asked their colleagues at the rate-setting desk in London to push the numbers up or down to suit their needs. Barclays would then submit artificial bids and persuade their counterparts at other banks to do the same."
So watch out for the low flying summer issues and the attempted camouflages. Particularly Casty's (Cast Iron Dave) continued trips to visit and share private moments with Bliar, The Bilderberger yacht gatherings and The EU bunga bunga get togethers. Me, I'm hoping for American legal proceedings to use their superior bite to our pygmies in Government and go big time after the rate and currency manipulators.
You see there could be a reversal of the sub-prime victims here. Those forced out of their homes by the Wall Street and European "fixers" could be compensated. Money flow back to those whose pockets were picked. Then this new found economic freedom could genuinely help economies to recover.We all know most sensible individuals spend more wisely and cautiously than Governments and Bankers!