None other than Peter Mandelson raised the alert about the return to Rabies Labour characterized by Clause Four Block Voting. Those who were around when Tony Blair was trying to get Labour elected remember the efforts of John Prescott as mediator to get rid of Clause Four, a mechanism that ensured that Trade Union leaders could exercise unlimited power to force workers to go on strike.

The danger is all too real. In the public sector – before budget cuts – trade union membership is still about 57%. A return to Old Labour could literally paralize the public sector. Such state of affairs would literally bring Britain to a state of total collapse at a time when the foreseen cuts are considered to be the only way to maintain Britain’s financial stability.

City experts have said that public debt bonds are already oversubscribed and any doubts about Britain’s capability to honour payments of its public debt would lead to loss of credibility similar to the loss of credibility suffered by countries like Greece.

Perhaps the remarks of the Deputy Governor of the Bank of England Charles Bean regarding the will of the Bank of England to use ’all its powers’ in case of yet another financial crisis have been very appropriate considering the circumstances that Trade Union MadDogs could create.

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As the prices of family daily food shopping baskets rise and rise amid fears of hundreds of thousands of job losses, the Deputy Governor of the Bank of England, Charles Bean,  indicates that the institution will use ‘all powers’ if there is another banking crisis.

The ‘printing money’ process known as quatitative easing will continue despite the danger of a boomerang effect regarding the parities of the pound compared to other currencies. The value of the pound is a sensitive issue since the cost of energy related inputs rises when the pound goes down.

When many of the big players are already state owned, one wonders about what the said ‘all powers’ would do should there be another financial crisis, especially taking into account that from October 2010 we will see the implementation of budget cuts that in some cases will be of not less than 40 per cent. This time it will be the Treasury that will need additional ‘quantitative easing’ to keep jobs in the public sector.

The British Government would feel the temptation of applying a recipe used by some English Kings of ‘cutting down the gold content of coins’ to pretend that they had more money available than they actually had.

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The news is that most British cities have become welfare dependency ghettoes with more than six million people out of work, many of whom have been unemployed for a decade or longer. So here is Labour’s recipe to reduce poverty. In places like Liverpool, the unemployment rate is about 30%.

The culture of can’t work, won’t work is thriving and gang culture is also thriving. Mmm…. any links? The other bit of news is that between  June 2007 and June 2009, more than 1.3 million National Insurance numbers were given to foreign workers. So this is the logic: we have more than six million people out of work, but the gates are wide-open for those coming from abroad looking for jobs.

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I went to a Sainsbury’s outlet this morning and bought six cartons of juice. The offer on the labels indicated that they were selling three cartons for £2.00. I picked up the boxes of juice and made my way to the till expecting to be asked to pay £4.00, but the cashier told me that I had to pay £5.58. I explained that there was surely a mistake and that the true price was £4.00.

She asked one of the attendants to go and check the prices. The man went and I waited and waited and waited for the man to come back. He took so much time that I decided to go and see for myself. The labels indicating 3 for £2.00 had been torn. I showed the cashier that the labels had been destroyed. Miraculously, as I insisted that the price should be £4.00 saying very clearly that the labels had been destroyed, she turned around and said that I was right and that the price was £4.00.

I checked the prices of chicken breast. The usual box contains four standard cuts of chicken breast at £2.99. I looked at the boxes on the shelves and each box contained the equivalent of two cuts of chicken breast at £2.99. From one day to the next, the cost had gone from £2.99 to £5.58.

At a time when more and more families are resorting to loans with interest rates of more than 2,000 per cent a year, such kind of shopping experiences are less than funny. When employees see fit to rip off customers by defrauding their employers and businesses don’t give a damn about their customers, the situation becomes very serious indeed.

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In the last twenty years, there have been quite a few changes of the public transport network but succesive governments have failed to seize the opportunity of developing public transport to its full potential. Quality is one issue but cost is a vital ingredient that has been almost completely disregarded.

Accessible and affordable transport is good for business and growing business is good for jobs and so and so and we all benefit with more jobs leading to lower taxes and more disposable income. Unfortunately, public transport has become a money making business that deters people from travelling, due to higher and higher fares that are increased with annual rises above the rate of inflation.

I hope those in charge of transport could see the fact that with fares that keep rising and rising above the rate of inflation we are killing the Golden Goose. A human being naturally dies if he or she does not have a healthy flow of blood. The same applies to a country. Low fares increase circulation and by increasing circulation they increase economic activity. Defeatist economic policies based on making transport ever more expensive are killing economic activity.

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Richard Edmonds speaking at Bromley and Lewisham branch meet.

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Throwing fruits, milk and other agricultural produce away, condemning strawberries or bananas because of them being of the wrong size or shape, et cetera, et cetera, et cetera, the W men and women of the European Union don’t seem to believe that they have done enough damage already.

Now, they plan to ban selling eggs by the dozen or half dozen and this is merely one of many measures implemented with the aim of  destroying jobs across the European Union. As if we did not have enough problems, there is an entire organization of individuals who produce nothing else apart from cuckoo laws and regulations.

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George Soros said that German policies are pushing its neighbours into deflation, something that would lead to economic stagnation, nationalism, social unrest and xenophobia. Now let’s look at every item in detail.

In Britain, as in many other countries that have been ruled by Socialist ideologues, the belief that you can live by borrowing and printing money has led to an unprecedented economic crisis. Multiculturalism and Globalisation – replacing indigenous peoples with masses produced by flood immigration – naturally produce a self-defense reaction called Nationalism.

Of course, in a situation of economic stagnation, there is bound to be social unrest and what some called xenophobia is nothing more than the will to defend what has belonged to the indigenous peoples for many generations. Looking at what happens in the Subcontinent, in the Balkans, in Indonesia, and in many other parts of the World, it should be easy to understand why many people feel threatened.

With the wrong kind of policies, Labour has promoted xenophobia. The absurdity of the so called Positive Discrimination that puts foreigners before the indigenous populations is leading to widespread violence and sooner than later it is going to lead to war. This is plainly obvious in times of economic instability leading to political instability.

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Before the Emergency Budget session even begins in the House of Commons, the sides in what could be a conflict of gigantic proportions are getting ready for the struggle. While the Trade Unions talk about Summer of Discontent (and we know exactly what they mean), the business community, sensing the danger, is asking for more stringent rules regarding strikes.

We know budget reductions are an absolute ‘must do’, no matter how painful they might be. We know that as a country we must learn to live with what we produce and we must forget about living on what we can borrow.

 As somebody who knows about the political history of Latin America, I can say ‘I have been here before and have seen it’. As usual, the Trade Unions will play the victim’s role and accuse ‘all those greedy capitalists that created the crisis’. It suits their ideology and their belief in class wars.

What they will not say is that they are responsible for the policies of the government they supported and that they are responsible for having enjoyed the benefits delivered with irresponsible management of the economy.

Trade Union membership in the private sector is a low as 15 per cent and Trade Union membership in the public sector is as high as 57 per cent. So they are going to shout a lot louder when their perks financed with taxpayers money are no more and they will turn nasty. This is something to be expected and we must be ready to face the angry crowds. To keep public services running, hundreds of thousands of non-jobs will have to disappear.

Having said that, this could be the long awaited shock that will kick start the long overdue cleansing process. This could be the beginning of the Road to Damascus for many Britons who have been brainwashed with multicultural stupidity. They will then understand the importance of having a British country with true jobs for the British peoples.

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Labour ran the country borrowing and spending as if there was no tomorrow. On June 22nd, 2010, we will be told about the so called Emergency Budget – not the budget, not the spring budget, but the Emergency Budget. We face a state of national emergency. While inflation runs at about 6 per cent, once again the Bank of England left the basic rate unchanged at 0.5 per cent and the European Central Bank adopted a similar measure leaving the basic rate unchanged at 1 per cent. We are living in a non-reality, but the announcement has already been made: the monies provided by the Treasury to local authorites across the county will be cut. What does this mean?

It means that local authorities across the country – including those hit by the Icelandic banks crisis will have to confront reality with a depreciated currency – therefore, the income of local authorities will have been reduced both in nominal terms and in real terms.

As unemployment rises, the so called Job Centres also face a very uncertain future and job centres staff will themselves join the dole queues. Reducing bureaucracy is both costly and absolutely necessary to curb the deficit. The so called ‘services sector’, magnified by a suicidal economic policy, will go downhill and more and more people will have to learn that a true economy can only be sustainable with true jobs.

Labour politicians are now talking about ‘excessive immigration’. Well, is this a newlyfound wisdom? Immigration from outside the European Union can be stopped if there is political will to do so, but immigration from inside the European Union could only be stopped by leaving the European Union. No pain, no gain. Whatever the choices, there will be a very high political cost to pay and old loyalties could suddenly vanish.

The British National Party has been saying it all along: Labour policies  are a recipe for disaster. Labour policies combined with flood immigration were going to create the mess they have created. We have a bankrupt country with a macrocephalic state and a hyper-developed welfare system that is feeding flood immigration. They built a paradise for  immigrants and illegal immigrants based on growing public debt.

Reducing the welfare system to a minimal expression can only be a positive thing: When those trying to come to Britain and those who are already in Britain realise that they cannot go on milking the system, living at the expense of taxpayers and producing children that they cannot afford, Britain will be on the way to recovery. Flood immigration and unemployment are directly linked. What do some people need to understand simple mathematics? We could have full employment and public services working at optimum levels, but instead we have got chronic unemployment, a housing crisis, unsafe streets and overcrowded prisons.

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Labour’s Liam Byrne expressed his sorrow for having left a ‘flippant note’ at the Treasury saying: There’s no money left’. Sorry for being honest?

As a Conservative MP explained a few days ago, had we been attached to the EURO, we wouldn’t have been able to print billions of pound notes and we would be exactly in the same situation the Greeks found themselves in.

Unfortunately, this ‘flexibility’ has cost us dear and could cost a lot more if quantitative easing (expression that means in fact devaluation) was seen as an alert sign indicating ‘we are printing money because we cannot pay our debts’.  

Another Conservative MP did not beat around the bush: We are Bankrupt. The June 22nd 2010 Emergency Budget will tell us very clearly how Bankrupt we are.

The tax, borrow and spend policies of the Labour government under the guidance of the Prudent Chancellor started with 10 billion pound of public borrowing in 1997 and had he continued ‘saving the world’ we would have ended up with a deficit of not less than 184 billion pound by the end of 2010. 

It is nice to feel good and spend money trying to make people happy, provided the money we are spending is our own money and not somebody else’s money. So Liam Byrne, in his position at the Treasury, knew exactly what was going on and in a rare moment of honesty wrote the note  indicating ‘There no money left’.

Unfortunately, had Labour been re-elected, I am inclined to think that he would have pretended that ‘everything was fine’. Quantitative easing? Let’s call the cat cat and the dog dog. ‘Quantitative Easing’ is ‘Printing Money’.

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Undoubtedly, rushing to adopt the Euro was a serious mistake. With political expediency, the European Union ignored the perils of creating a conglomerate of incompatible economies. As if this wasn’t enough, much of the legislation that was pushed through afterwards was based on the existence of a single currency. The fall of the Euro at a time when many European economies are falling apart would be catastrophic and equally catastrophic would be the political consequences that could seriously damage existing relationships between countries within the European Union.

How long it took for Greek politicians to start reminding Germany about the record of World War Two? Should the Euro collapse, the process of re-adjusting the parities between national currencies would be extremely difficult. Monetary uncertainty at a time when confidence in the markets is extremely low would prove to be fatal. Just weeks ago, Portugal and Spain saw their financial status in terms of borrowing and capacity to repay their debts downgraded. National budgets would have to be re-calculated and nobody knows what the market values of each national currency would be.

If the nightmare scenario occurs, the threat of another dip into recession will be the least important reason to be worried. We do not have the time nor the resources to go around patching up damaged bilateral relationships.

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In the words of  the German Chancellor Angela Merkel: if the Euro fails, Europe fails. It sounds almost as a forerunner of the end of the European Union. This preceded the collapse of the Euro that reached a record low compared to the US dollar at 1.21 and also led to the fall of the Pound compared to the dollar oscillating at 1.40.

For Britain, June 22nd, 2010, might end up being the final curtain with the so called Emergency Budget that sounds very much like a budget for Britain at War when the country will have to face the harsh realities of having had a Marxist government for more than thirteen years, a Marxist government that flooded the country with immigrants and illegal immigrants and created a massive public debt that is a world record.

When things come to the crunch, the country will suddenly wake up to the realities of having an unsustainable Welfare State used to finance flood immigration, including illegal immigrants and pretend refugees. Many people ask why, in spite of losing power, the Labour Party managed to have control of 17 local authorities in London. The answer is plain and simple: it managed to do it appealing to hundreds of thousands of welfare dependent hordes and non-jobbers.

The collapse of the economies in Europe might lead to a return to common sense politics, but in the process it might lead to Rivers of Blood. We are sailing through uncharted waters, aren’t we? Well, not really. It has happened before with tragic consequences. I am a believer in History Chemistry. If you combine the same factors in similar quantities, you get similar results.

Confrontational Trade Unions will be the trigger and countries will become polarized. If governments do not act promptly to curb the power of the Trade Unions, we are going to run out of peaceful choices. As inflation sky rockets, all the Head of the Bank of England can do is to write letters to the Government while watching a Greek tragedy unfold on British soil.

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Another one for the chatting classes in Britain: the USA Congress rejected unanimously (every single Representative voted against) the IMF aid for Greece.

David Vitter from the State of Louisiana said ‘America has run out of money. Our country already owes trillions of dollars in debt. We simply cannot afford to take on other countries’ debt in addition to our own’.

I hope that in the name of the so called ‘special relationship’, the British government listens and stops spreading British taxpayers money around the world when people in Britain are being told that their taxes are going up and that spending in public services is going down to pay for the sideral debt created by Marxist Labour.

I HATE MARXISM. Don’t take me wrong. I make no bones about it. In spite of my opposition to the restoration of Capital Punishment, in cases like these I am ready and willing to make exceptions and put the Tower of London, once again, to good use. People who are constantly putting their country down in the name of a depraved ideology and opening their country to foreign colonisation and foreign faiths deserve no mercy.

As if the economy was not enough reason to be concerned, people in New York are up in arms against projects to build a Mosque on Ground Zero, the very site where the Twin Towers stood before they were demolished by followers of a depraved ideology that is infesting Britain.

Today, one of the followers of the said ideology, with proven links with terrorist organizations wanting to blow up Britain, was allowed to stay in Britain ‘to protect his human rights’. I just hope that Henry VIII or Elizabeth I could come back and put the choppers to good use. I make no bones about this either.

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The latest chapter of a very disgraceful set of events will see Britain being forced to apply VAT (value added tax) on food and other items that until now had been exempt of VAT.

The IMF (International Monetary Fund) and the European Union want to force Britain to implement VAT on food, a tax that will affect those most in need. We already have people struggling to get a proper diet because they simply do not have enough money to eat.

Globalisation and flood immigration are destroying the very foundations of Britain. The Third World is coming to Britain and bringing in the realities of the Third World.

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Who Won? The Welfare State won. On May 6th, the Labour Party mobilised its Foreign Legions and Would Be Terrorrists maintained by the Welfare State to try and avoid certain defeat in the General Election. In spite of that, they only managed to come a cropper and in the horizon there is the possibility of only managing to get a deal by beheading its leader and accepting the unacceptable conditions imposed by the Scottish SNP and the Welsh Plaid Cymru. This means that, in spite of winning in Scotland, the Labour Party would surrender to SNP demands just to stay in power.

 But on May 6th, other things happened. George Galloway, the leader of disrespectul Respect, is out of the way and with luck he might be invited once again by another Big Brother-like television programme producers, dressed in a red jersey costume to eat from the hand of some strange ladies on mainstream television to try and make a living.

Other notorious defeats in the Labour camp happened to Porno Minister Jackie Smith and hard man and former Home Secretary Charles Clarke who, by the way, wanted to get rid of Gordon Brown before the General Election and plotted together with other decapitated Labour stars like Geoff Hoon and Patricia Hewitt (the Labour version of Virginia Bottomley).

What now? Now, back to work, for I do not think the last word has been said in an election in which tens of thousands, perhaps hundreds of thousands, of British voters could not vote because… Labour did not order to print enough ballot papers and the Electoral Register was incomplete. Why? They were too busy registering ghots voters and committing fraud and they did not have enough time to prepare for a proper election.

But there is more. Today, in Germany, the German Electorate goes to the polls and another domino game could begin altering the German political landscape in unpredictable ways that could lead to more financial headaches in Europe while Britain is still struggling to come to terms with the results of an inconclusive General Election. The Greek Tragedy could be the Trojan Horse and should there be another General Election in the coming months, after the start of a season of local strikes and General Strikes, with rising inflation and rising unemployment, we could be witnessing the latter days of the Welfare State that kept Labour in power.

Who won? The war has just started and there are casualties on all sides, but the troops are still standing in the battlefield.

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Big Ben is ticking away and we could call it a ticking bomb because if we do not have a credible goverment that can be trusted by investors the Welfare State that decided the May 6th 2010 elections will fall apart and then, very possibly, we will see the Rivers of Blood that were forecast by Enoch Powell.

Many people talk about Greece and use what happens in Greece as a reference to talk about what could happen in Britain. Well, what happened in Greece is a drop in the ocean of what could happen in the United Kingdom with totally divided communities along racial, religious and national backgrounds. The Babel Tower called Today’s Britain could end up very much like the original.

Lord Tebbit spoke about Britain being the new Weimar Republic. Well, Britain is already a Weimar Republic. Wait until strike after strike start to hit an already struggling economy, when the ideological monkeys of the Left that are constantly saying that you can make bread with rocks get ever more agitated as the income of those who are still at work disappears eaten up by inflation and taxes.

When they talk about reducing the deficit – and let’s remark that they are not talking about getting rid of the deficit – you should ask them: where is the money to reduce the deficit going to come from? They only talk about cutting budgets, but you know that cutting budgets alone will not be nearly enough. When they try and reduce the Welfare State, the monkeys that will be left without bananas will go on the attack.

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Gaffe after gaffe, things are turning nasty in the campaign for the General Election due to take place on May 6th 2010. Paradoxically, this is not one of my main worries. I worry a lot more about what could happen after the General Election. Visiting the shops is not, for most of us, a pleasant experience. Very much concerned about ‘household economics’ and having had the experience of living in countries were galloping inflation eats up salaries before you can even get your monies, my main concern is what is happening to the cost of living in Britain.

The Governor of the Bank of England, Mervyn King, has suggested that we shouldn’t trust the figures provided by the Labour government and that government accounts should be audited by the International Monetary Fund as a independent operator. Formulating or implementing new policies is basically impossible if we don’t know the real state of British public finances. This is precisely why the coming General Election is so vitally important. We do not want to end up like Greece where things are turning nastier by the minute.

Let’s keep an eye on the Trade Unions. As soon as cuts are announced and people start losing their jobs, even faster than before, we might (I say we might because I hope it does not happen) have to face General Strikes. One nightmare scenario would be the complete paralization of credit systems in Britain. Do you know how many people live with the monies they get as salaries during the first ten days of the month and then are forced to live on credit cards during the rest of the month? A thousand? Tens of thousands? Hundreds of thousands? Millions?

Noreena Hertz wrote a book entitled ‘The Debt Threat and Why we must defuse it’. She quotes Thomas Jefferson who said on July 21st 1816 ‘I place the economy among the first and most important of republican virtues, and public debt as the greatest of the dangers to be feared’. I assume that Gordon Brown and others, too busy dealing with ideological premises, are so oblivious to the potentially tragic consequences of massive public debt that they keep piling up debt and pretending that default is not even a remote possibility.

Looking at every budget presented to Parliament since Labour came to power, I have had a clear idea of where Labour was heading. We started with calculated borrowing of 10 billion, followed by 24 billion, 36 billion and then it simply kept rising. They calculate that by the end of 2010, borrowing for 2010 would have reached 184 billion.

So the deficit has been there from the very beginning. Every time Gordon Brown has had to explain why his figures do not add up, he has come up with the expression ‘at the end of the economic cycle’, leaving everybody puzzled about when was that ‘at the end of the economic cycle’ going to occur. From the very beginning, Labour has been changing the goal posts. The present financial troubles started in May 1997 when Labour came to power.

Labour believes in an all-powerful State that can squeeze the life out of an entire economy without any major repercussions. Since May 1997, they have been borrowing and squeezing the private sector. In this regard, Marxism is no different from the old French Aristocracy. Why producing anything when you can always borrow? Wasn’t this the philosophy that led to the French Revolution of 1789? They borrowed, borrowed and borrowed becoming weaker and weaker. This is as childish as it is dangerous.

When you see countries like Greece losing their political independence because they cannot afford to repay their debts, you should think about Britain and about what will certainly happen if we do not get rid of Labour’s economic policies.

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May 18th, 2010 – this is the deadline for Greece to have the funds to make urgent payments of its public debt and keep alive its public budget. What nobody has mentioned is the fact that millions of Greeks, if as predicted their country falls apart, will be heading for a country where they might not find a job, but they will have access to a welfare system that will allow them to stay alive.

The key country that could determine if Greece stays afloat or sinks is Germany. May 9th, 2010, Regional Elections in Germany. About 85 per cent of the German Electorate do not want to bailout Greece and this is why Angela Merkel, despite saying that she wants to keep Greece inside the Eurozone, is playing for time and asking for more and more guarantees before sending any money to Greece.

For all the talk about cutting down deficits and budget cuts, we shouldn’t forget that Britain has obligations as Member of the European Union and should millions of Greeks decide to come to Britain they have every right to do so under European Union legislation.

Immigration is a subject the so called mainstream political parties do not like to talk about and we know what the Labour party thinks about those who dare to mention the subject. When it comes to immigration from within the European Union, there is nothing under European Law or under the laws that rule the nations of the United Kingdom to stop desperate fellow Europeans if they decide to settle down in the United Kingdom.

A sudden influx of millions of immigrants at a time when Britain is sinking under the burden of its own public debt could de-stabilise Britain and as a Member of the European Union, there is nothing Britain can do to stop this from happening.

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In the present financial environment with alarm bells sounding everywhere, UNITE workers are doing their best to lose their jobs. No sooner than British Airways, like other airlines, was trying to ‘recover from the ashes’ of an Icelandic volcano, the company is seeing red again. As if pestering political parties was not enough, they also have time to engage in guerrilla warfare trying to cut the branch of the tree on which they are standing.

Just days ago, Billy Walsh negotiated a deal to try and ensure the survival of British Airways by joining forces with Iberia, the Spanish carrier. I would like to be a fly on the wall to know where British Airways is standing now when fuel prices are on the rise again and the very real threat of more and more taxes is very much on the horizon. By killing private companies, we will certainly go from recession into depression.

I am sure that Labour plans to increase National Insurance could well be the nail in the coffin of hundreds of thousands of British jobs – those at British Airways included.

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