Going for Broke

Some thoughts from last year to add to the million and one other blog posts which have done the rounds on the net on this matter …

euro broke

No congress of a European nation may call on the key tools used to pull a nation out of a recession (increased government spending to create jobs, lowering interest rates to boost investment, printing more money to create demand through more liquidity).
– Greg Palast, from Armed Madhouse (2006), p 161.

Palast was stating that European Monetary Union is incompatible with Keynesian economics.  This is the reason that Gordon Brown, our ‘fiscally prudent’ Scottish Chancellor of the Exchequer – with his tragi-comic ‘son of the manse’ routine – was so keen to keep us out of European Monetary Union, as he knew that running a deficit at the peak of the economic cycle was unsustainable and would need to be inflated away. The Bank of England duly acceded by slashing the base rate from December 2007 onwards and indulging in several years’ worth of ‘Quantitative Easing’ to follow.  For the political left to support an inflationary policy is not new.  Harold Wilson’s ‘Old’ Labour government of 1974-76 gave in to every trade union wage demand, only realising when it was too late that pensioners and others on fixed incomes suffered most from falling living standards due to price inflation.

Support for European Monetary Union one would therefore expect to come from those who are fiscally conservative, with Angela Merkel being the most obvious.  It is bizarre that the BBC, the Guardian and much of the British political ‘left’ are such obsessive supporters of monetary union.  They support the EU and the ‘Euro’ in principle but they oppose the ‘austerity’ measures which are a core part of the credibility of monetary union.  What they want is for the EU to adopt inflationary economic policies which for obvious historical reasons most Germans are averse to.  Therein lies the problem of monetary union. As Palast also mentions, every ‘Euro’ nation must adhere to strict limits on borrowing, but they haven’t which is why the ‘Euro’ has failed as a surrogate gold standard.  It could only have succeeded through a fully fledged political union with a single treasury.

A way out of the Eurozone ‘crisis’ and the economic stagnation it has brought about would be to demerge the ‘Euro’ back into national free-floating currencies with all savings and debt in each country being converted accordingly.  The government of each country could then inflate away its debt according to previous tradition.  For the heavily indebted nations this would be punishing the prudent to bail out the profligate (as happened in the UK) and a run on the banks of those countries with most savings being withdrawn, as happened in Greece last year.  Only when the debt, now denominated in the new national currency, has been inflated away and the new national currency has stabilised, through an export-driven economy, would savings return to that country’s banks such that the value of that new currency would start to appreciate, thereby attracting more savings deposits.

Of course, demerging the ‘Euro’ would mean that the irresponsible bankers, who failed to assess the risks on the loans which they made, would have to make do with repayment in the same number of drachmas, pesetas, lire, escudos etc … which in each case would have a far lower value than repayment in the same number of  ‘Euros’.  But that won’t be allowed to happen, so the Eurozone nations are going to experience decades of debt servitude all in the name of a monetary union that no-one voted for.

greece

 

LGBTQWERTY

These drag queens, they ain’t never had no period – Andy Warhol

As Germaine Greer, a contemporary of Australia’s most famous drag queen is well aware; they are from the same middle-class origins in the same city and were part of the same generation of ‘expats’ that made a name for themselves in ‘Swinging’ London during the 1960’s.  Greer became a Messiah to millions of women seeking to blame ‘patriarchal oppression’ for their woes.  Karma has however befallen Greer in her old age, as she has become a target for the hate mob which she helped to create.  Whilst delivering a talk last year at the University of Cambridge, Greer was accused of being ‘transmysognistic’, for stating what is biologically true, that a man who pretends to be a woman isn’t; but it did show that students’ unions are still run by loonies as they were a few decades ago.

Graham Chapman – Brian Cohen, the reluctant Messiah – supported the founding of Gay News as a ‘special friend’ in 1972.  Sadly, he died prematurely, long before that piece of 21st Century Newspeak ‘LGBT’ (with or without the additional ‘Q’) came into existence.  Except in character in the odd Python sketch, Chapman, like most gay men, never expressed any desire to be a woman.  Andy Warhol was also gay, but that didn’t stop the feminist ‘radical’ Valerie Solanas from exercising her hatred of men by trying to murder him. The cultural influence of both Chapman and Warhol extends far beyond the ghetto that ‘LGBTQ’ (and whatever initials are to be added to it) activists would like to place them in.

Take Andy Warhol’s Factory, strip out all the creative talent and what remained was a narcissistic freakshow of those who craved 15 minutes of fame.  Updated for the present and transposed to the other side of the USA, this has become a grotesque ‘reality’ show starring Incontinentia Buttox, the selfie queen with an inflatable arse (who is now married to Biggus Dickus).  One of the patriarchs of this ‘reality’ family has decided that he wishes instead to be a ‘matriarch’.  As this ‘reality’ show bears no relationship to reality, then why not?  As a drag queen, ‘she’ has graced the cover of Vanity Fair and would like the world to believe that ‘she’ is a woman, but ‘she’ still has the same chromosomes that he had when he was in his mother’s womb and no ‘she’ has never had a period.

john cleese graham chapman

Population, Migration & Sustainability

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Comparative population figures and growth forecasts for different EU member-states are available from the the Eurostat website.  The high growth figures for the UK (or post-UK as it may well be) should be of alarm to all ecologists.  The Office for National Statistics has its own forecasts for up to 2035, thus, broken down into the four constituent parts of the UK. These indicate that within fifteen years, England, with a land mass of slightly more than fifty thousand square miles, will have an official population level of just over sixty million people.  The Eurostat data also forecast that Poland, Romania and Bulgaria will experience significant population decreases by 2040.  In the case of Poland, this is hardly surprising as it has already lost part of a generation to children born in the UK to Polish parents.  This is because the UK, along with the Republic of Ireland and Sweden permitted unrestricted immigration from the eight former Eastern Bloc countries from their date of joining the EU on 1st of May, 2004.  Germany, France and the other ten incumbent EU members blocked immigration from the accession countries for seven years, something to bear in mind given the German media’s criticism of the UK on the matter of immigration; and similar criticisms of the UK from the comparatively sparsely populated USA.

The UK and the RoI have long shared a Common Travel Area, along with shared residency, working and voting rights, reflecting the fact that all of Ireland used to be part of the UK, with the future status of Northern Ireland within the UK still ambiguous.  In pre-EEC terms there has long been a pattern of economic migration from Ireland to Britain, particularly to England’s major towns and cities. Unskilled and semi-skilled Irish labourers were used to fill labour shortages in Britain, the ‘navvies’ who dug the canals being obvious examples. Until the post-war ‘baby boomers’ started to come of age during the mid-1960’s, Britain had labour shortages, with Ireland being the principal source to fill these.  Writing in 1995, Fintan O’Toole quoted the level of migration as approximately fifty thousand people per year during the 1950’s and early 1960’s.  These Irish workers were automatically ‘settled’ and given the same status as British workers.  This state of affairs still exists and is likely to in any post-UK, non-EU arrangement between England, Wales, Scotland and Ireland.  For a generation, the Catholic Church in England benefitted from the high level of Irish immigration in terms of bums on pews, more money in the collection tin on Sundays and the increased demand for Catholic schools, but assimilation into the host society took place quickly.

Although the presence of Polish and other Eastern European immigrants from 2004 on might seem no different to that of the Irish mentioned above, the significant difference is that there are no labour shortages to fill. The British economy has a surplus of unskilled and semi-skilled labour, so much so that wage levels can and are being suppressed to such a level by unscrupulous employers that the employees depend on tax credits and in some cases housing benefit just to survive, so slumlords are the other beneficiaries, courtesy of the exchequer.  Although the Poles, like the Irish, are predominantly Catholic, the benefit to Catholic churches and schools of their presence is somewhat counteracted by the need to employ additional priests and teachers who speak Polish.  Because the Poles have retained their own language then assimilation may take more than a generation.  The Polish immigrants themselves are now finding that their livelihoods are being undercut by Bulgarians and Romanians, who have been allowed to live and work in the UK since the 1st of January 2014.  The net effect for British people is a continued chase to the bottom with increased demand for jobs and housing putting downward pressure on living standards, all supported by those bastions of political correctness, The Guardian and the BBC.

Flick through the careers section in The Guardian and you’ll see that it is skewed towards well-salaried positions in the public sector; those which have so far not experienced the full effects of the Single European Market, which have affected the private sector.  It is therefore easy for The Guardian and so many of its hard left ‘liberal’ readership to have a pro-EU bias.  Just as the private sector has moved manufacturing jobs to east of the former Iron Curtain so that it can cut costs, then the public sector could do likewise with all PC-based back-office jobs.  I wonder how the public sector unions would react to that!  UNISON for example pro-actively supports Eastern Europeans being employed in the public sector in Britain, but why not employ them to do those British public sector roles in Eastern Europe?  If the roles are not be relocated then the salary for a public sector role, with the same skill-set and experience, should not vary between EU member-states.  Why should a health service manager, a chief executive for a local authority or a reporter for the state broadcaster be paid more in Britain than in Bulgaria?  Why not apply consistency of salary levels to EU public sector professionals and see how they like it?  What is good enough for the lower orders, in the chase to the bottom, should be good enough for them!

Although a political party preaching environmental sustainability should advocate stringent immigration restrictions (with only in very exceptional circumstances immigration being permitted), this is not the case with the Green Party, its standpoint is quite the opposite.  The way that the ‘Greens’ reconcile this is by claiming that our ‘First World’ lifestyles are themselves unsustainable and that if we were all to adopt a subsistence-level standard of living, then Britain – or even just England – could accommodate and support many millions more people.  Aside from the difficulty of trying to convince any of the electorate to think likewise, I have yet to met any ‘Greens’ who are themselves willing to make such sacrifices.  If they were, they wouldn’t be blogging about it on the net, as they wouldn’t have the hardware, let alone the power supply to go on-line.  Only those who have never experienced such subsistence-level living would consider it to be desirable.  I have experienced it only once when visiting the west of Ireland, forty years ago, where I was surprised to learn that some people still lived in cottages without an electricity supply or hot water, depending as they did on turf for fuel.  Nowadays, turf would have to be replaced by solar panels and a wind turbine, if the household surviving at subsistence-level could afford to buy them.

Michael O’Leary, a man not given to modesty as CEO of Ryanair, once claimed that he and Stelios Haji-Ioannou, the founder of Easyjet, had done more than any of the politicians in the EU to enable ‘European integration’.  O’Leary may like to believe his own publicity, but this is not quite true, as it was the politicians and Eurocrats who made the relevant decisions; Ryanair, Easyjet and the other budget airlines have simply facilitated the mass migration of people from East to West, in which they have a Polish competitor, Wizzair. These airlines have allowed Polish and other Eastern European immigrants to Britain and Ireland to permanently settle, whilst still being able to visit their respective home countries regularly, cheaply and with minimal travelling time.  Not all migrate by aeroplane, some do so by car, as is obvious from the number of Polish and now Romanian and Bulgarian, registered vehicles on British roads.  This places ‘Greens’ in a predicament as they regularly preach against these modes of transport.  The Green Party, whilst supporting the rights of Eastern Europeans to live and work in Britain, prefers not to comment about their preferred methods of migration.  To be fair, some migrate by long-distance coach, but this still means a large volume of vehicular traffic that didn’t exist prior to their countries’ EU accession.

The obnoxious hard left support unrestricted immigration, not out of any altruistic concern for the immigrants, as they would like you to believe, but because they want those immigrants – or at least some of them – to be a destabilising influence on society. It is for the same reason that the hard left support the segregationist ideology of multiculturalism, not out of any love for other cultures.  Their ideology is one of Negative Nationalism, such as George Orwell described seventy years ago as ‘Anglophobia’.  But it is not a fear of England or Englishness that motivates them, it is a hatred of Britain and all things British.  The irony when they describe themselves as ‘anti-racists’ is that they themselves are the biggest bunch of racists and in-breds of all; their racism being directed towards the great mass of the British people, whilst they themselves are an insular community virtually unchanged since Orwell wrote about them.  They complain about ‘Fortress Britain’ as it there is something wrong with living on an island that has not experienced a military invasion for centuries. (The last one was led by King Billy and he was invited in by Parliament).  Because they see themselves as ‘revolutionaries’, then living in a stable society doesn’t do their street cred any good.  After all, how can they claim to be ‘oppressed’ when they aren’t?

When anyone in Britain, or just England, expresses concern about unsustainably high levels of immigration, there is a school of thought that goes you Brits colonised half the world so suck it up. This supposes that every British person alive today is responsible for the British Empire, when the reality is that hardly anyone alive today is.  Such views are from people who are always anti-British, Sinn Feiners and their American supporters for example, so they are not even worth a moment’s consideration, they are Negative Nationalists as above.  Even David Cameron bears no responsibility for the British Empire, though some of his landed gentry forebears may have done.  With reference to Syria, under the terms of the Sykes-Picot Agreement, it became an area of French influence, which doesn’t mean that the French should have to bear responsibility for it nearly a century later.  Ultimately, tribal conflicts between different groups of Arabs are issues for the Arab nations themselves to sort out.  That the ‘rebels’ in Syria and in Libya were abetted by the interfering hand of NATO means that it should be those within NATO who made those decisions who are held responsible and no-one else.  It does not mean that the indigenous populations of the NATO countries should be burdened with thousands of migrants from Syria or elsewhere.

Al Jazeera, the state broadcaster for Qatar, an absolute monarchy, peddles propaganda to the effect that the mass migration of Syrians, via Turkey, is ‘Europe’s crisis’.  Never does it explain why neither Qatar nor any of the other oil-rich Arab Gulf States are willing to take in any migrants from Syria.  Turkey, a member of NATO, but not the EU, has taken in approximately 1.8 million according to CNN.  Looking at the pattern of migration from Turkey into Europe, it is clear that it is primarily economic.  Those who arrive in Greece quickly seek to move on as it is well-known worldwide that the Greek economy is screwed. Slovakia will take a limited number and only if they are Christian, not Muslim, whilst Hungary has turned them away altogether.  Few have headed for Bulgaria or Romania, despite the former’s proximity to Greece and none are heading to Poland. Ever the Eurosceptic, Ambrose Evans-Pritchard, writing in the Torygraph, believes that Jean-Claude Junker’s attempt to force EU member-states to accept quotas of migrants, will cause an East – West split, as if those countries which benefit from billions of Euros worth of structural funds will bite the hand that feeds them.  For the Polish government to refuse to take any immigrants, should it be asked to, would be hypocritical to say the least.

Angela Merkel announced that eight hundred thousand of these migrants would be permitted entry to Germany.  That the German government was willing to do so without even verifying the backgrounds of them, meant that it took that risk and its incumbent population lives with the consequences.  Sweden, which has a history of eugenics, is also taking thousands as its government’s latest experiment in social engineering; it has a recent history of accepting ‘asylum seekers’ who have gone on to commit rape, something that Swedish feminists and their political representatives try to pretend hasn’t happened.  It is hardly surprising that the governments of Eastern European countries do not want to take the risk; they have seen the effects of multiculturalism in Western European countries and have decided that they don’t want the same, but they should accept that those Western European countries, notably the UK, have to right to refuse entry to their nationals or even to repatriate them.  David Cameron announced that, over the next five years, the UK would take twenty thousand Syrian migrants from refugee camps in the Middle East.  Critics may see this as a token gesture, overlooking the high rate of immigration that the UK has already experienced since 2004 and how much money the UK already gives in foreign aid.

To summarise all of the above, there is nothing wrong with economic migration per se, but it has to be at a level that is economically and environmentally sustainable for the host nation.  The immigration policies of the host nation should be discriminatory, allowing it to choose only immigrants with skills and experience in areas where the host nation has a shortfall.  A meritocratic points-based immigration system, such as Canada, Australia and New Zealand have, which also requires that the prospective immigrant prove that he or she can be economically self-supporting, is the fairest method.  Equally, if the prospective immigrant has a criminal record and/or holds ideological views that are a threat to secular Western democracy then that person should be excluded.  All claims for ‘political asylum’ should be thoroughly scrutinised; those who just wish to use it as a fast-track to economic migration should have their claims rejected and be told to use the same due process that applies to everyone else.  British people have become justifiably weary and suspicious of ‘asylum seekers’ who are nothing of the sort.  Compassion is a virtue, but it should be applied to the deserving, not to those who have paid criminal gangs of human traffickers in order to get smuggled into the country.

Notes

For Fintan O’Toole’s figures on Irish emigration, see Meanwhile Back at the Ranch, Vantage Books, 1995, p18.

For Negative Nationalism, see Orwell’s Notes on Nationalism, written in 1945, published in Decline of the English Murder and Other Essays, Penguin Books, 1965, pp 155-179, with specific reference to p 173.

There is also within the hard left a strong strain of misogyny, which came to light following the attempted cover up of a rape allegation within the Socialist Workers Party (SWP).  Google ‘SWP rape’ and you’ll find several links which will provide further details.  The SWP’s alliance with the Muslim Association of Britain to form the ‘Respect’ coalition goes some way to explain why the SWP and the rest of the hard left have condoned by their silence the activities of the various ‘grooming’ gangs, which have raped hundreds of girls throughout England.

I originally published all of the above in September 2015, before the terrorist attacks in Paris and the numerous sexual assaults in Cologne and other German cities.  Angela Merkel’s grandstanding as self-appointed Leader of Europe, inviting anyone into the EU, is having disastrous consequences; all to fulfil the greed of European capitalists for an unlimited supply of cheap disposable migrant labour, greed supported by the ‘anti-capitalist’ hard left, who also attempt to make excuses for the rapists and terrorists.  Still, those young men are enjoying their rape and pillage of Europe and it would be ‘racist’ to stop them.

migrants selfies