Bend over and take it.....
#1
Bend over and take it.....
Fuel tax is set to go up again..
UK Petrol Tax Jumps At Twice Euro Average - Yahoo! Finance
Won't be long before we're back to 1.20 a litre folks.
UK Petrol Tax Jumps At Twice Euro Average - Yahoo! Finance
Won't be long before we're back to 1.20 a litre folks.
Last edited by FlightMan; 06 March 2010 at 08:54 PM.
Trending Topics
#8
#9
#10
Also something to open your eyes:
euro|topics - Greece under political attack
#11
And something eye opening, an article written in newspaper ethnos by G. Delaastic (google translated here):
Bankruptcy or Greece or h. .. EU;;
2 Delastik articles from The Nation (11kai 16/02/2010) is quite illuminating, it should be disseminated and read.
DO NOT EAT FOR KOUTOCHORTO!
Bankruptcy or Greece or h. .. EU;;
Written by George Delastik
11/2/2010
The political attack against our country has waged by Germany and other EU forces in the speculative attack and the accompanying propaganda used a lot of myths and inaccuracies, in order to terrorize the Greek people and paralyze in advance any reactions to throttle austerity measures that forced the Prime Minister George Papandreou to announce.
By focusing the debate over the level of deficit and debt, trying to mislead the uninformed public.
Does a bankrupt country where for many years has deficits;;;
Yes ... the answer is trying to make.
No, ... is the right answer.
On no account deficits enough to drive a country into bankruptcy.
For argument's sake, let's see what happens in the financial
superpowers of the world - the Eurozone, the USA, Japan.
All three, over the decade 2001 - 2010 (given that for 2010 we refer to projections) had deficits and deficits, and only ten consecutive years without exception!
The euro zone 6.6% in 2010 and 6.2% for 2009 and 2.5% in 2002 or 3% in 2003.
Much worse situation in the U.S.: 10% deficit in 2010 and 12.5% in 2009 and 5.9% in 2008. Also 3.7% in 2002 and 4.8% in 2003.
Japan indescribably worse: a deficit of 8% in 2002 and also 8% in 2003 and 5.8% in 2008 and 10.5% in 2009 and 10.2% in 2010!
For the entire decade, deficits of Japan was clearly worse than those of Greece!
Yes, say some, but Greece has not only been high deficits and high public debt.
Japan to see!
At 135.4% (!) Of GDP was the public debt since 2000 and has not fallen at all during the decade. However it has soared to 197.2% (!)
when the Greek government debt was 112.6% in 2009
and is estimated to reach 125% in 2010.
Then the restriction of debate on public debt does not fully reflect the situation.
If you extend the analysis to the total debt of each country (the total amount that has borrowed the State, enterprises and individuals, so the public plus private debt), the picture changes dramatically.
According to the International Monetary Fund, the total debt of Greece is at the rate of 179% of GDP. Too high, can not believe anyone. Perhaps,
but the EU average is ... 175%!
Same with that of Greece.
The total debt is not, no 'champion' of the eurozone is not Greece.
On more than the Netherlands (!) By 234%, Ireland with 222%, Belgium with 219%, Spain with 207%, Portugal with 197%, Italy with 194% and so on.
Impressive figures come also when dealing with one of the external debt of a country (ie how many owe the state, businesses and individuals in a country to foreign banks
as always a part of the debt referred to banks of their own country).
Limiting the sample in the contested Mediterranean countries (Greece, Portugal, Spain) and Ireland, which, as ... country-bubble of liberalism has shrunken about debt but astronomical debt of businesses and individuals, it is an entirely different classification of these countries.
The foreign debt, we see that Ireland owes to foreigners in ... 414% of GDP, and Portugal 130% of its own GDP.
In a much better fate are Greece with 89.5% of GDP and
Spain to 80% based on data given by the German newspaper
"Frankfourter Algkemaine.
There are other eurozone countries, therefore, that in fact owe more to foreign banks or from Greece.
ATTACKS
Profit and political causes
Six countries in the eurozone at least headed in the Netherlands and Belgium have total debt (public and private) higher than that of Greece! For ten years Japan has tremendous debt greater than that of Greece, while at the same deficits decade on average much worse than Greek!
The per capita external debt in Ireland is almost eight times (!) From Greece. The fact that none of these countries say they bankrupt (very well, indeed), the name for Greece (completely unfounded), shows that our country is at the core policies and
speculative attacks.
VIEWS: ARTHROGRAFOI: DELASTIK
How we sold and we bought
Written by George Delastik
16/2/2010
Creepy is the mechanism by which certain banking giants speculating against our country, so while they gain the tune of hundreds of million of Greece was not put under foreign economic control. It is worth to describe in general terms.
The crucial tool in the game played against Greece is a very recent financial product called CDS (from
the initials of the words credit default swaps).
This is insurance against the case of default on a debt. A bank for example buying bonds a state insures the amount given to another bank which is obliged to pay this money, although the state bankrupt and be prevented to repay its counterparts from the termination or pay interim interest. Obviously the more precarious the economic situation of a country the higher premiums would require the bank to secure the debt.
The shocking element is that only three banking giants,
German Banks Deutsche and Goldman American Zax and
J.. P. Morgan
control the 75% (!) global market for CDS.
Let now the case of Greece. In mid January, ten days before our country find buyers for five-year counterpart, the Deutsche Banks publish a report - fire on the Greek economy, where
states that get crap and might collapse.
Immediately after mobilized portion of the CDS of Deutsche Banks. He asks much higher premiums for the Greek debt as supposed that our country is in a dangerous situation, as he studies the Board of ... same bank!
Since the CDS rate for Greece is rising, the message goes directly to the world financial system: the international media which act as
"Parrots" of speculators scream that the Greek economy falters, the uninformed public and terrorized the connoisseurs understand that stochopoiithike Greece and is heading for economic 'chafing'.
Then the actual Deutsche Banks along with Goldman Zax undertake ... Greek bonds sell!
Sending them to prospective buyers!
Yes, those very actively involved in organization change katarrakosis the Greek economy to facilitate
speculative attacks!
It is not a bad joke. We are talking quite seriously. The Greek government, and numerous other governments, required objectively to come to the banks control the market CDS, although undermine Greece.
They essentially pay "protection" in the vulgar sense, hoping to placate order to help you borrow with acceptable rates.
The Deutsche Banks So as a contractor with the bank Goldman Zax and others who play a secondary role, essentially determine the rate at which place his counterparts of the Papandreou government, which really can not afford not to meet its suggestions .
It is understood that Deutsche Banks and Goldman Zax have informed their clients, who run like crazy to buy Greek bonds at an interest rate 6.2%, because of course these banks know from within that has set up the story of the alleged threat of bankruptcy.
The Deutsche Banks and Goldman Zax collect fat commissions
million from their clients and themselves and buy large quantities of gold-Greek counterparts.
Now prepare the next round of Greek loan, setting up stage for even bigger prizes, of course ...
TORA TREMO
Member, hostage banks
Insults in Greece the Germans. But they have shaken even those from the showdown of the banks. "The Community should consider how to enable it to drain the swamp (the banks) that catches entire country hostage," he wrote in a front page editorial in the "Frankfourter Algkemaine.
The "Mod" is outraged: "Just one year after the Member rescued banks devoting massive sums on both sides of the Atlantic -25% of GDP according to the European Central Bank in the indebted countries are victims of attacks by the same financial institutions which rescued.
This is one of the bitter lessons of the Greek crisis, "concedes the
French newspaper.
Bankruptcy or Greece or h. .. EU;;
2 Delastik articles from The Nation (11kai 16/02/2010) is quite illuminating, it should be disseminated and read.
DO NOT EAT FOR KOUTOCHORTO!
Bankruptcy or Greece or h. .. EU;;
Written by George Delastik
11/2/2010
The political attack against our country has waged by Germany and other EU forces in the speculative attack and the accompanying propaganda used a lot of myths and inaccuracies, in order to terrorize the Greek people and paralyze in advance any reactions to throttle austerity measures that forced the Prime Minister George Papandreou to announce.
By focusing the debate over the level of deficit and debt, trying to mislead the uninformed public.
Does a bankrupt country where for many years has deficits;;;
Yes ... the answer is trying to make.
No, ... is the right answer.
On no account deficits enough to drive a country into bankruptcy.
For argument's sake, let's see what happens in the financial
superpowers of the world - the Eurozone, the USA, Japan.
All three, over the decade 2001 - 2010 (given that for 2010 we refer to projections) had deficits and deficits, and only ten consecutive years without exception!
The euro zone 6.6% in 2010 and 6.2% for 2009 and 2.5% in 2002 or 3% in 2003.
Much worse situation in the U.S.: 10% deficit in 2010 and 12.5% in 2009 and 5.9% in 2008. Also 3.7% in 2002 and 4.8% in 2003.
Japan indescribably worse: a deficit of 8% in 2002 and also 8% in 2003 and 5.8% in 2008 and 10.5% in 2009 and 10.2% in 2010!
For the entire decade, deficits of Japan was clearly worse than those of Greece!
Yes, say some, but Greece has not only been high deficits and high public debt.
Japan to see!
At 135.4% (!) Of GDP was the public debt since 2000 and has not fallen at all during the decade. However it has soared to 197.2% (!)
when the Greek government debt was 112.6% in 2009
and is estimated to reach 125% in 2010.
Then the restriction of debate on public debt does not fully reflect the situation.
If you extend the analysis to the total debt of each country (the total amount that has borrowed the State, enterprises and individuals, so the public plus private debt), the picture changes dramatically.
According to the International Monetary Fund, the total debt of Greece is at the rate of 179% of GDP. Too high, can not believe anyone. Perhaps,
but the EU average is ... 175%!
Same with that of Greece.
The total debt is not, no 'champion' of the eurozone is not Greece.
On more than the Netherlands (!) By 234%, Ireland with 222%, Belgium with 219%, Spain with 207%, Portugal with 197%, Italy with 194% and so on.
Impressive figures come also when dealing with one of the external debt of a country (ie how many owe the state, businesses and individuals in a country to foreign banks
as always a part of the debt referred to banks of their own country).
Limiting the sample in the contested Mediterranean countries (Greece, Portugal, Spain) and Ireland, which, as ... country-bubble of liberalism has shrunken about debt but astronomical debt of businesses and individuals, it is an entirely different classification of these countries.
The foreign debt, we see that Ireland owes to foreigners in ... 414% of GDP, and Portugal 130% of its own GDP.
In a much better fate are Greece with 89.5% of GDP and
Spain to 80% based on data given by the German newspaper
"Frankfourter Algkemaine.
There are other eurozone countries, therefore, that in fact owe more to foreign banks or from Greece.
ATTACKS
Profit and political causes
Six countries in the eurozone at least headed in the Netherlands and Belgium have total debt (public and private) higher than that of Greece! For ten years Japan has tremendous debt greater than that of Greece, while at the same deficits decade on average much worse than Greek!
The per capita external debt in Ireland is almost eight times (!) From Greece. The fact that none of these countries say they bankrupt (very well, indeed), the name for Greece (completely unfounded), shows that our country is at the core policies and
speculative attacks.
VIEWS: ARTHROGRAFOI: DELASTIK
How we sold and we bought
Written by George Delastik
16/2/2010
Creepy is the mechanism by which certain banking giants speculating against our country, so while they gain the tune of hundreds of million of Greece was not put under foreign economic control. It is worth to describe in general terms.
The crucial tool in the game played against Greece is a very recent financial product called CDS (from
the initials of the words credit default swaps).
This is insurance against the case of default on a debt. A bank for example buying bonds a state insures the amount given to another bank which is obliged to pay this money, although the state bankrupt and be prevented to repay its counterparts from the termination or pay interim interest. Obviously the more precarious the economic situation of a country the higher premiums would require the bank to secure the debt.
The shocking element is that only three banking giants,
German Banks Deutsche and Goldman American Zax and
J.. P. Morgan
control the 75% (!) global market for CDS.
Let now the case of Greece. In mid January, ten days before our country find buyers for five-year counterpart, the Deutsche Banks publish a report - fire on the Greek economy, where
states that get crap and might collapse.
Immediately after mobilized portion of the CDS of Deutsche Banks. He asks much higher premiums for the Greek debt as supposed that our country is in a dangerous situation, as he studies the Board of ... same bank!
Since the CDS rate for Greece is rising, the message goes directly to the world financial system: the international media which act as
"Parrots" of speculators scream that the Greek economy falters, the uninformed public and terrorized the connoisseurs understand that stochopoiithike Greece and is heading for economic 'chafing'.
Then the actual Deutsche Banks along with Goldman Zax undertake ... Greek bonds sell!
Sending them to prospective buyers!
Yes, those very actively involved in organization change katarrakosis the Greek economy to facilitate
speculative attacks!
It is not a bad joke. We are talking quite seriously. The Greek government, and numerous other governments, required objectively to come to the banks control the market CDS, although undermine Greece.
They essentially pay "protection" in the vulgar sense, hoping to placate order to help you borrow with acceptable rates.
The Deutsche Banks So as a contractor with the bank Goldman Zax and others who play a secondary role, essentially determine the rate at which place his counterparts of the Papandreou government, which really can not afford not to meet its suggestions .
It is understood that Deutsche Banks and Goldman Zax have informed their clients, who run like crazy to buy Greek bonds at an interest rate 6.2%, because of course these banks know from within that has set up the story of the alleged threat of bankruptcy.
The Deutsche Banks and Goldman Zax collect fat commissions
million from their clients and themselves and buy large quantities of gold-Greek counterparts.
Now prepare the next round of Greek loan, setting up stage for even bigger prizes, of course ...
TORA TREMO
Member, hostage banks
Insults in Greece the Germans. But they have shaken even those from the showdown of the banks. "The Community should consider how to enable it to drain the swamp (the banks) that catches entire country hostage," he wrote in a front page editorial in the "Frankfourter Algkemaine.
The "Mod" is outraged: "Just one year after the Member rescued banks devoting massive sums on both sides of the Atlantic -25% of GDP according to the European Central Bank in the indebted countries are victims of attacks by the same financial institutions which rescued.
This is one of the bitter lessons of the Greek crisis, "concedes the
French newspaper.
Last edited by fpan; 06 March 2010 at 10:01 PM.
#12
#15
#16
it is now a perpetual problem, silly taxes create a market for super efficient cars with low co2, which produce less money for the robbing b'stards in government, which cause taxes to increase to balance the books, which prompt the car makers to produce even more efficient cars, which prompt the robbing b'stards to increase taxes to balance the books which cause car makers to produce........................................... ...well you get the point.
#17
Scooby Regular
iTrader: (2)
Joined: Jul 2005
Posts: 812
Likes: 0
From: Sometimes Bute, sometimes Renfrew
Stone me, in a way I'm glad my scoob is off the road due to engine upgrades etc.
I run my wee astra van on 50/50 veg oil to diesel which saves £8 per tank and I get more MPG out of it!!!!
Graeme
(seriously thinking about making a move down to New Zealand)
I run my wee astra van on 50/50 veg oil to diesel which saves £8 per tank and I get more MPG out of it!!!!
Graeme
(seriously thinking about making a move down to New Zealand)
#18
But the problem here isn't just tax.
VAT can only go up if the base price goes up as its a percentage (leaving out the 17.5 - 15 - 17.5 fluctuation recently).
The base price can only go up if
a) the government increases fuel duty (it's not a percentage like VAT)
b) the oil companies put the price up
In the last 12 -18 months we have had some increases in duty, but far higher increases in the oil companies' price
The government need to apply pressure to the oil companies as they are basically pushing us to see what we will take and as ever this spineless bunch of cretins in Westeminster are doing nothing. Oh and before you say well they will be out of power soon where is Cameron's mob on this.... as quiet as usual of course.
For comparison Australia are paying roughly the same for their petrol as they were about 12 months ago..... just over half of what we pay btw.
It's a crap state of affairs and one that is going to continue to hold our economy back.
VAT can only go up if the base price goes up as its a percentage (leaving out the 17.5 - 15 - 17.5 fluctuation recently).
The base price can only go up if
a) the government increases fuel duty (it's not a percentage like VAT)
b) the oil companies put the price up
In the last 12 -18 months we have had some increases in duty, but far higher increases in the oil companies' price
The government need to apply pressure to the oil companies as they are basically pushing us to see what we will take and as ever this spineless bunch of cretins in Westeminster are doing nothing. Oh and before you say well they will be out of power soon where is Cameron's mob on this.... as quiet as usual of course.
For comparison Australia are paying roughly the same for their petrol as they were about 12 months ago..... just over half of what we pay btw.
It's a crap state of affairs and one that is going to continue to hold our economy back.
#19
If only politicians could be honest about it:
"We are increasing the tax on fuel again, because we want more of your money."
BUT NO...they have to give us all this "Think green" crap. Using poor mother earth as an excuse, is appaling.
"We are increasing the tax on fuel again, because we want more of your money."
BUT NO...they have to give us all this "Think green" crap. Using poor mother earth as an excuse, is appaling.
#24
Just another sign of the chickens coming home to roost.
They have managed to sustain their grossly wasteful and ineffective government spending over the years by continuing to overborrow thus increasing the national debt to an extent where it is becoming a bit of a worry whether the GNP will be sufficient to pay off the interest on all those debts. It is a classic lead into bankruptcy.
The only way, as has always been in the past-mainly with Labour created debt, is to cut the wasteful spending on the overpowering and useless bureaucracy which was a good way for Labour to buy votes, and also on such institutions as all the very expensive Quangos created by Labour and which Flash said he would abolish before NL got into power when he was PM. Its a bit like referendums-easy promises to just dump.
We can expect more and more tax increases, with Labour it will be the same old easy targets of course as we see now, and they will still throw our money away on useless items.
The only hope is that with the Conservatives-should they win power, is that they will cut government spending more fairly and effectively.
I dont think much of "Dave's" decision to drop the referendum on the Lisbon stitch up either. There is no reason why he can't hold it and act on what the people want-if he had the guts to do it!
We desperately need to get out of Eu federation.
Les
They have managed to sustain their grossly wasteful and ineffective government spending over the years by continuing to overborrow thus increasing the national debt to an extent where it is becoming a bit of a worry whether the GNP will be sufficient to pay off the interest on all those debts. It is a classic lead into bankruptcy.
The only way, as has always been in the past-mainly with Labour created debt, is to cut the wasteful spending on the overpowering and useless bureaucracy which was a good way for Labour to buy votes, and also on such institutions as all the very expensive Quangos created by Labour and which Flash said he would abolish before NL got into power when he was PM. Its a bit like referendums-easy promises to just dump.
We can expect more and more tax increases, with Labour it will be the same old easy targets of course as we see now, and they will still throw our money away on useless items.
The only hope is that with the Conservatives-should they win power, is that they will cut government spending more fairly and effectively.
I dont think much of "Dave's" decision to drop the referendum on the Lisbon stitch up either. There is no reason why he can't hold it and act on what the people want-if he had the guts to do it!
We desperately need to get out of Eu federation.
Les
#29
highly illegal just talking like that ,im sure g.bown and his merry men would have you for treason or he might even bully you by shouting or hitting you
please feel free to use the pm system though to organise whatever you were organising
please feel free to use the pm system though to organise whatever you were organising
#30
Fuel tax is set to go up again..
UK Petrol Tax Jumps At Twice Euro Average - Yahoo! Finance
Won't be long before we're back to 1.20 a litre folks.
UK Petrol Tax Jumps At Twice Euro Average - Yahoo! Finance
Won't be long before we're back to 1.20 a litre folks.