the protests at the G20 that have started could be a spark as well….
i featured that in my current 4 BEST post this week….
I also cover McLaren’s current market analysis and a great piece that provides a study since 1960 to find out if the market does tend to go up for “quarterly window dressing”
I think the good readers of stock tock will find this info useful, just as I find most of the posts here…
I work for an American investment bank in the heart of the city. I’ve been told to grow a beard and come to work in jeans . I will be stocktocks reporter next week live from London.
Ty
Posted March 29, 2009 at 4:50 PM
Yes, this guy has become a “web sensation,” but, if you had researched this guy at all beyond this self-serving, rhetorical video, you would have realized that he is a Tory stalwart, and that perhaps your “hope for the world” may have been a bit premature. The Tory Party IS OF and REPRESENTS the ruling elite.
While Gordon Brown’s “Labor” Party is now at least as much owned by corporations as our “Democratic” Party is, the Tory, like our neo-”Republican” party, is fundamentally “of, by, and for” the oligarchs/plutocrats. No good “solution,” at least for the vast majority of the populace, should EVER be expected out of such a party.
Sorry to burst your bubble. I like you, Craig, but dig a little beneath the surface.
If you were suggesting that the video gave you “hope for the world” because you were hopeful of even more debaucherously insane wealth and power for the ruling 1%, then you would be right on, but, if you had mistakenly thought that this purely politically and personal-ambition motivated, disingenuous hack was even remotely suggesting even the slightest of fair treatment for the “common man,” then you, I’m afraid, have, as most have, been completely swindled.
Richard (permabear)
Posted March 29, 2009 at 4:59 PM
well put TY.. is there anyone in any government anywhere that can be trusted for what they say today or what they have said yesterday or what they will say tomorrow if all that they say is an effort to control power? i thinkith notteth!
Draino76 (Uberbear)
Posted March 29, 2009 at 5:19 PM
I don’t think Craig was suggesting that he is the ‘hope for the world’, but his speech is quite indicative of the thoughts of the British people. Agree the Tory party would govern for the richest 1%, but now we have suffered 12 years of the Labour party and some of their policies are more right wing than those of the Thacther years. Opinion polls of politicians in the UK are the lowest they have been since records began 80 years ago. I suppose your ‘Obamamania’ is in the process of wearing off too. I myself think I have integrity. I wish no harm on no man and would never want to impose my views on anybody, possibly because I might be wrong. It seems that politicians throughout the world are the complete opposite.
Ty
Posted March 29, 2009 at 6:37 PM
And, sorry, Draino, I hadn’t read carefully enough (and far enough up in the replies) to get that you are in the UK. I was actually replying to your comment had it been written by an American.
GBT
Posted March 29, 2009 at 6:01 PM
My first impression upon seeing this video was a flashback to the prologue of Road Warrior, when the narrator spoke of the leaders who “talked and talked and talked” but in the end were unable to prevent a war over resources and the end of civilization. The video is tragic and filled with dramatic irony. To wit: the audience is painfully aware of what is destined to happen but the characters on stage are oblivious and proceed headlong to their imminent destruction.
No amount of talk or finger pointing or political jousting will rememdy the situation. I fear for the UK even more than for the US. In a post-oil world, post-North Sea world, how is the UK going to feed itself let alone survive as an industrial economy? I don’t see it. It is looking more like a pre Mad Max scenario, and not just for England, but all of Europe. The US still has water and fertile farmland to feed its population. In fact the entire United States could in theory be fed just with the food grown in California’s San Joaquin Valley, if need be. That is how rich and abundant this country is. Europe in contrast has a fraction of the airable land needed to feed its population. The riots and unrest you see in Iceland is but a precursor for what you will soon see in all the major European cities. There is simply no long-term sustainable solution for transporting goods and food to Europe to keep the civilization going. It will be no picnic in the US for sure. We will likely have either a socialist or fascist government, mandatory conscription, and probably martial law in the near future. But we will at least be able to feed our own people. But as for Europe, Australia, Africa, most of Asia…no way. Our entire civilization was built on free energy in the form of oil, which is now disappearing. Without it humanity is going to scale back to a fraction of current size. And as with all upheavals constrained and dictated by nature, the process will be brutal and harsh.
When I said this speech gives me hope, it is because it shows a politician speaking truthfully about the crisis and the direction policy should take to fix it.
I can only hope that the governments of the world start taking their deficits seriously and start doing something about it, rather than just talking about it.
I’m not advocating for the Tory party, I’m advocating for responsible and rational governing, which still feels like a distant dream.
I hope this speech becomes a rallying cry for rationality, not for any political party or regime.
Brian(HTMW)
Posted March 29, 2009 at 9:01 PM
Well TY I think it depends on how you think it works best to help the “common man”. If you tax the hell out of businesses, is that doing the common man a favor? The business has few choices, the last solution is to just bend over and take it in the you-know-where. More likely they will either raise prices or lay off workers. That pretty much shows how much the Labor party truly benefits the common man. However, conservatives in America have not been much better and have caused this problem by spending like the labor party and using government to force interest rates to excessively low levels causing a housing boom within a deregulated market. I really think only the Austrian school of economic thought has the right answers on this, over time this current economic system we have been using is all going to collapse. Probably not this time but eventually it will, high debt and government manipulation can only have one ultimate resolution… failure.
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craig
that video is great….
the protests at the G20 that have started could be a spark as well….
i featured that in my current 4 BEST post this week….
I also cover McLaren’s current market analysis and a great piece that provides a study since 1960 to find out if the market does tend to go up for “quarterly window dressing”
I think the good readers of stock tock will find this info useful, just as I find most of the posts here…
Best to all
Maximus
http://4best4worst.wordpress.com/
I work for an American investment bank in the heart of the city. I’ve been told to grow a beard and come to work in jeans
. I will be stocktocks reporter next week live from London.
Yes, this guy has become a “web sensation,” but, if you had researched this guy at all beyond this self-serving, rhetorical video, you would have realized that he is a Tory stalwart, and that perhaps your “hope for the world” may have been a bit premature. The Tory Party IS OF and REPRESENTS the ruling elite.
While Gordon Brown’s “Labor” Party is now at least as much owned by corporations as our “Democratic” Party is, the Tory, like our neo-”Republican” party, is fundamentally “of, by, and for” the oligarchs/plutocrats. No good “solution,” at least for the vast majority of the populace, should EVER be expected out of such a party.
Sorry to burst your bubble. I like you, Craig, but dig a little beneath the surface.
If you were suggesting that the video gave you “hope for the world” because you were hopeful of even more debaucherously insane wealth and power for the ruling 1%, then you would be right on, but, if you had mistakenly thought that this purely politically and personal-ambition motivated, disingenuous hack was even remotely suggesting even the slightest of fair treatment for the “common man,” then you, I’m afraid, have, as most have, been completely swindled.
well put TY.. is there anyone in any government anywhere that can be trusted for what they say today or what they have said yesterday or what they will say tomorrow if all that they say is an effort to control power? i thinkith notteth!
I don’t think Craig was suggesting that he is the ‘hope for the world’, but his speech is quite indicative of the thoughts of the British people. Agree the Tory party would govern for the richest 1%, but now we have suffered 12 years of the Labour party and some of their policies are more right wing than those of the Thacther years. Opinion polls of politicians in the UK are the lowest they have been since records began 80 years ago. I suppose your ‘Obamamania’ is in the process of wearing off too. I myself think I have integrity. I wish no harm on no man and would never want to impose my views on anybody, possibly because I might be wrong. It seems that politicians throughout the world are the complete opposite.
And, sorry, Draino, I hadn’t read carefully enough (and far enough up in the replies) to get that you are in the UK. I was actually replying to your comment had it been written by an American.
My first impression upon seeing this video was a flashback to the prologue of Road Warrior, when the narrator spoke of the leaders who “talked and talked and talked” but in the end were unable to prevent a war over resources and the end of civilization. The video is tragic and filled with dramatic irony. To wit: the audience is painfully aware of what is destined to happen but the characters on stage are oblivious and proceed headlong to their imminent destruction.
No amount of talk or finger pointing or political jousting will rememdy the situation. I fear for the UK even more than for the US. In a post-oil world, post-North Sea world, how is the UK going to feed itself let alone survive as an industrial economy? I don’t see it. It is looking more like a pre Mad Max scenario, and not just for England, but all of Europe. The US still has water and fertile farmland to feed its population. In fact the entire United States could in theory be fed just with the food grown in California’s San Joaquin Valley, if need be. That is how rich and abundant this country is. Europe in contrast has a fraction of the airable land needed to feed its population. The riots and unrest you see in Iceland is but a precursor for what you will soon see in all the major European cities. There is simply no long-term sustainable solution for transporting goods and food to Europe to keep the civilization going. It will be no picnic in the US for sure. We will likely have either a socialist or fascist government, mandatory conscription, and probably martial law in the near future. But we will at least be able to feed our own people. But as for Europe, Australia, Africa, most of Asia…no way. Our entire civilization was built on free energy in the form of oil, which is now disappearing. Without it humanity is going to scale back to a fraction of current size. And as with all upheavals constrained and dictated by nature, the process will be brutal and harsh.
Interesting read indeed
http://zerohedge.blogspot.com/2009/03/exclusive-aig-was-responsible-for-banks.html
Excuse my language……but I’ve had it with these fuckin’ pricks.
When I said this speech gives me hope, it is because it shows a politician speaking truthfully about the crisis and the direction policy should take to fix it.
I can only hope that the governments of the world start taking their deficits seriously and start doing something about it, rather than just talking about it.
I’m not advocating for the Tory party, I’m advocating for responsible and rational governing, which still feels like a distant dream.
I hope this speech becomes a rallying cry for rationality, not for any political party or regime.
Well TY I think it depends on how you think it works best to help the “common man”. If you tax the hell out of businesses, is that doing the common man a favor? The business has few choices, the last solution is to just bend over and take it in the you-know-where. More likely they will either raise prices or lay off workers. That pretty much shows how much the Labor party truly benefits the common man. However, conservatives in America have not been much better and have caused this problem by spending like the labor party and using government to force interest rates to excessively low levels causing a housing boom within a deregulated market. I really think only the Austrian school of economic thought has the right answers on this, over time this current economic system we have been using is all going to collapse. Probably not this time but eventually it will, high debt and government manipulation can only have one ultimate resolution… failure.