Blog Exchanges

So I was reading the Spectator website (my web reading list is pretty much The Spectator, a ski racing blog called Alpine Race Consulting and a financial website called Zero Hedge) and I came across this interesting article http://www.spectator.co.uk/coffeehouse/5849178/the-cost-of-browns-propaganda-splurge.thtml that confirmed my thoughts about the constant Government advertising/propaganda that you hear during the ad breaks.

I posted something on the comment board and then this developed into an interesting exchange with a guy called Moraymint, who I know is a small business owner like me and someone who shares equally pessimistic views on the state of the economy and the UK future. His posts I thought were sufficiently interesting and well constructed to post on my blog (and yes I know that DangerDave is a crap name to post under);

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Moraymint
March 18th, 2010 6:50am

It is utterly obscene, isn’t it?

How does he get away with it? Why does the mainstream media not run with this sort of story? Have we really reached Orwell’s 1984?

DangerDave
March 18th, 2010 9:07am

Thank god you have posted this. I thought I was the only one that had noticed that almost every ad on LBC was a government one.

Sing this from the rooftops.

Moraymint
March 18th, 2010 11:29am

wrinkled weasel
March 18th, 2010 10:27am

“I want a revolution”

I know how you feel.

The problem is that those of us who understand the depth and scope of the truly unholy mess that is now British politics, our economy and our society remain in a distinct minority.

I’m convinced that most British citizens are really only vaguely aware that something could be wrong with this country. By and large, it’s no big thing and everything should turn out alright in the end … just give it a couple of years … sort of thing.

As usual Wat Tyler is on the money; see his postcript to this blog post:

http://tinyurl.com/yjmfc6x

Here I go again. Most of our fellow citizens will not know what in hell has hit them about this time next year; in fact the hit could well come during the second half of 2010.

There really is a steam train coming down the tracks – the leading indicators are everywhere you look. Most folk ain’t looking.

DangerDave
March 18th, 2010 12:54pm

@Moraymint

I entirely agree with your post and indeed more or less all of what you post on the speccie comments.

I sense a kindred spirit insofar as I think we both run small businesses that have been hugely affected by this monumental economic cock up and the endless public sector waste that we see all around us.

I also agree largely with your doom laden predictions of more to come. I certainly think that the markets haven’t unwound fully yet and there is still a lot of toxic crap in the pipeline still to come out.

I’m trying to counter this by selling up over the summer and moving out of the UK but am concerned that I won’t get out in time.

Could you expand more on what you see coming?

Moraymint
March 18th, 2010 3:05pm

@DangerDave

“Could you expand more on what you see coming”

At heart, I think what will emerge after the election is the extent to which our government and the whole of our political class will be unable to deliver the scale of cuts needed in state expenditure, at the speed required, without social unrest and/or the unwillingness of the bond markets to fund the UK’s national debt at anything other than punitive rates.

Simultaneously, deleveraging (paying down debt) will be foist into every corner of our economy by banks unwilling/unable to lend – to credit card holders, to mortgage applicants, to businesses looking for working capital. The banks are basket cases and are desperately fighting for their own survival; lending is the last thing on their collective minds. Those banks that can lend are cherry-picking and will continue to do so for the foreseeable future.

Energy costs, especially the cost of oil, will rise quickly as developing nations grow their economies faster than we’re able to grow ours. As the pound continues to fall, our (largely imported) energy costs will be hit by a double-whammy. We’ve reached the end of mankind’s era of cheap energy; the end of the industrial age; we’ve started the long descent.

There’s more to be said, but I think we’re in the lull before a perfect storm. The government has been able to defy economic gravity thus far, through judicious use of QE, misappropriation of taxpayers’ money, propaganda and outright deceit. The UK economy is structurally flawed after 13 years of unopposed Marxism – and we are simply going to have to pay for it from here on in.

The house of cards will start to collapse from May onwards and I see nothing to make me think otherwise.

Look at it another way: is anyone seriously arguing that during 2010 we shall start to feel the reassuring push of acceleration in our backs as the UK economy flips into rapid and sustainable economic growth? Only the Treasury’s forecasts make these sorts of predictions – and we know who writes those, and why.

Sorry it’s a bit downbeat, but I’m a realist. Tout s’arrange, mais mal, as Lord Lawson would say.

Moraymint
March 18th, 2010 5:51pm

teledu … yes, your post reinforces my view that since the Labour Party started spinning their way into power 15 years ago or so, we have witnessed an Orwellian transformation of our society.

The state we’re in today was planned as such under the heading of the New Labour Project. The UK’s very own brand of soft totalitarianism is now embedded in our national socio-economic structure and it will be terribly difficult to undo.

The state is everywhere: government departments, local government reliance on central government funds, quangos, private sector companies feeding off the state, multi-generational welfare claimants, government agencies, the bias of the BBC, students studying for government-funded non-qualifications, you name it.

Weaning millions and millions of British citizens off of state dependency will take a generation. I’m not sure the Tory Party is up to it and, even if they are, we keep coming back to social unrest.

Oh, the price we’re going to pay for having either embraced Marxism or having allowed ourselves to be conned into accepting it. The result will be the same.

DangerDave
March 18th, 2010 10:34pm

@Moraymint

Thank you for taking the time to expand on your thoughts.

I hope for selfish reasons that you are wrong about the timings and that I can get out in time.

Certainly the government is delaying the inevitable, £200bn in QE this year pumped straight into government spending, and the largely unreported £4bn budget deficit in January (why this wasn’t screamed from the rooftops I have no idea) It’s just sad that the British people don’t see the charade around them they are living in.

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I don’t think that I really need to add any more to what’s written here. I would just urge people to have a look to see what is really going on around them.

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