Life stolen by a PG
962 posts
Life stolen by a PG
@Robber26017123
The only thing I got from Lloyds Bank was sh#t.
Bristol, England Katılım Şubat 2018
89 Takip Edilen158 Takipçiler
A joint letter marking the formal start of the selection and appointment process for the next UN Secretary-General has been signed today (25 November) by the President of the #UNSC, @MichaelKanuSL, and the @UN_PGA, Annalena Baerbock.
→ Read more: bit.ly/4rj4wKQ
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@NevJ55 @benonwine Why are they allowed to do it? They should leave our places, go back home and build their Courts and Shrines over there! Why did they leave if it was not because of Sharia Law? They want to take over the world. Wake up!
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🚨I want from you to be Honest for this Question:
Do you respect farmers?
Yes or No?
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Should teaching Islam in schools be banned in the UK?
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I still can’t get over the fact that Ghislaine Maxwell has “Never” been interviewed by State or Federal Officials. 😳
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Life stolen by a PG retweetledi
Do you remember Audrey White?
She's the 76-year-old activist from Liverpool who told Keir Starmer to his face that he's a liar and a fraud.
Audrey was arrested today under the Terrorism Act for holding a placard alongside her brother and a priest.
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We are witnessing not merely administrative folly but a sustained, almost wilful, ignorance at the highest levels of Treasury - it is incredibly depressing.
In Parliament, The Economic Secretary to the Treasury, Emma Reynolds MP, offered us - unblushingly - the "Leeds Reforms," as if this assortment of bureaucratic contrivances might rescue British finance from its present malaise.
Her lack of comprehension is not only alarming, it is symptomatic of a governing class that has no idea and no knowledge.
No clue. Any of them. At all.
As with so much in the contemporary British state, reform is confused with rhetoric and vision is replaced with vacuity. Where are the guiding principles? Is this late recognition that it is the private sector and not the state who pays for a functioning economy?
Rachel Reeves, with a flair for the post-Blairite platitude, assures us that doubling down on "global strengths" and "creating good, skilled jobs" will somehow propel the UK into the vanguard of international finance. It is all very well to preach the virtues of "change," but absent of substance, such talk is but the chime of empty vessels.
Reeves is an empty vessel.
And what, in actual practical terms, does all this "reform" amount to? The Government proposes to "review" the ringfencing rules - those essential fortifications raised after 2008 to prevent bankers’ recklessness from destroying the savings of the many, it is now clear why bank shares have recently out performed.
It is as if the Treasury, in a fit of adolescent enthusiasm, has handed the levers of policy to a precocious but woefully unworldly A-level student.
We are offered a medley of "improvements," the sum total of which betrays no grasp of the underlying realities of an impending financial collapse.
The last three decades of British financial services tell a tale not of progress but of slow suffocation - regulation as strangler, not saviour.
State interference, both homegrown and imported from Brussels, has layered complexity upon confusion, draining confidence, throttling innovation, and driving away the entrepreneurs who once made London the envy of the world.
Gordon Brown’s Financial Services and Markets Act FSMA 2000 from which the FSA and FCA and probably the European Union’s MIFID I and II were spawned as well, have dealt so many blows under this legislation that our capital markets are unlikely to ever recover.
This is not a trivial matter. The London Stock Exchange, for centuries the engine room of British prosperity, now withers as firms decamp to New York - where markets are free, regulation is rational, and the spirit of enterprise has not been snuffed out by the dead hand of bureaucracy.
I am jealous. We should all be jealous.
To tinker with ISAs or lecture the public about investment is to rearrange deckchairs while the ship founders. The capital has already crossed the Atlantic, likely to never return.
It’s probably academic now but in a truly competitive environment, "caveat emptor" - buyer beware - must prevail. However unpalatable, no alternative exists, "if you don't understand it, don't do it".
A basic principle.
Market participants will always seek the most favourable climate and regulation, presented by unassailable statist toads, chokes ambition and merely drives them away, as has already happened here.
The essential task of regulating financial services was and is already underpinned by the law pre FSMA and is simple - the management of risk, the identification of clients, and the management of conflicts of interest.
Without thriving businesses to fill the Exchequer, the national debt mounts and the cost of borrowing rises inexorably.
As we all know, we are BROKE.
Our current reprieve, such as it is and represented by a higher sterling US dollar relationship, owes much to foreign circumstance - namely, the United States’ present appetite for a weaker dollar - than to any domestic virtue or strategic foresight.
This latest Treasury package purports to "tear down barriers" and "reintroduce informed risk-taking".
Encouraging private investors to move from cash into riskier small companies in today’s pre-crisis environment is sheer folly. Easing mortgage barriers so people can borrow more - on the eve of a financial storm that could wipe out asset prices and ruin people’s lives - is economic recklessness.
Sooner rather than later, the British public - traditionally stoic, but never endlessly forbearing - will have their patience finally end. We have seen such episodes before.
Unless those at the helm gain some perspective, which seems impossible, they may well be swept away by the consequences of their own ignorance of which the Leeds Reforms are another glaring example.
Given the damage this Labour Government has done to our economy through further tax rises, adverse employment legislation and further rewards for an ineffective, indolent and bloated Public Sector, I hope they will accept the blame for the impending financial collapse which is now a likelihood...
Responsibility lies firmly with them.
As Naval Ravikant accurately observed "The people who start wars, don’t fight them, the people who spend taxes, don’t pay them and the people who forgive criminals, don’t live next to them.
Of course we are going to have too many wars, too much spending and too much crime."
When will the British people finally say enough is enough?
I have certainly reached that point.
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