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2.53 Million Unemployed And more demonstrations in the UK
The total number of unemployed people increased by 27,000 over the quarter to reach 2.53 million, the highest figure since 1994, according to the Office for National Statistics (ONS). The number of people claiming Jobseeker's Allowance (the claimant count) fell by 10,200 between
http://www.bbc.co.uk/news/10604117 Thousands stage anti-cuts protest... Yep the UK is fast going down the pan and so many people are loosing thier jobs. Petrol prices are so ridiculously high, food and other commodities just keep going up. Things are not getting better here they are getting worse and people are getting pissed. http://www.bbc.co.uk/news/ |
So people are wrecking shit and causing damge = costing more money.
I get what some are marching for, but really, it will never change anything. As usual many are out just to cause trouble... |
This twitter pos summed it up for me:
"Despicable that there are countries in the world denied peaceful protest and here where that right exists, it's mocked and abused by some" Yet again the protest will be over shadowed by those who covered up their faces and decided to damage the ritz hotel amongst other propertys. |
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Good 'ol blighty!
Can't say I miss it :upsidedow |
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Other than friends and family, the only things I miss are Savaloys and Cheese and Onion crisps. What does that tell you? :upsidedow |
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I think we are gonna see more and more of this. I talk to a lot of the general public from all walks of life and all I hear from most of them is how they are struggling to live and the resentment they have against our current government.
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Brown - Cameron - Tea Boy Clegg Not really anyone there that I would have voted for lol. |
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http://i.dailymail.co.uk/i/pix/2011/...18_634x404.jpg
Labour leader Ed (jerk) Miliband MP addresses thousands at the TUC Rally in Hyde Park http://i.dailymail.co.uk/i/pix/2011/...97_638x426.jpg |
i should have gone.
given some of those scum police a good kicking. and then nicked as much as i could have from the shops. i would have loved to set london on fire. hope it spreads accross the uk. love to go on a riot on sunday. |
Buy food, as long as you still can!
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It's about time someone bombed Wolverhampton. Preferably near to and including Molineaux and preferably on a match day.:)
Morph |
Were there many private sector workers in the protests?
It seems to me that the people who got the money that caused the massive debt, don't want to have any part in paying it back. They want to keep getting the money the UK can't afford. |
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Cuting public sector workers and services has a big impact on the private sector too, so the governments so called cuts and savings hits us all. Then the politicians vote for relaxing thier own expenses so they can basically claim more when only a while ago they were being caught for abusing it. Its like they are squeezing all the workers pockets every way they damm can to fill thier own. |
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staged by the illuminati
order out of chaos they must be loving this |
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But in all seriousness, these fucking idiots with their faces covered ruined it, yet again, the whole point of the protests was over shadowed by those too scared to show their faces, yet theyre big enough to smash windows... well done people!! |
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Morph |
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Ron |
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The trouble with a lot of people is that they seem to think money grows on trees, and the way to get us out of our debt is to borrow even more money. Osbourne is the one walking a tightrope right now, what we really need to get the country moving is tax cuts but he can't afford them. |
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Don't know if it'll work so well this time. People are pretty angry right now. |
Meanwhile in Libya.............
:2 cents: |
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Brown and Darling explain bail-out The government is to pump billions of pounds of taxpayers money into three UK banks in one of the UK's biggest nationalisations. Royal Bank of Scotland (RBS), Lloyds TSB and HBOS will have a total of £37bn injected into them. http://news.bbc.co.uk/1/hi/business/7666570.stm |
A TUC study of company reports and returns reveals that some of the biggest banks – Lloyds TSB, RBS, HSBC and Barclays – “have between them well over 1,000 subsidiary companies incorporated in tax havens
http://www.ft.com/cms/s/0/43967928-e...#axzz1HmXS5HbQ http://www.bloomberg.com/apps/news?p...MEg&refer=home http://www.mirror.co.uk/news/top-sto...5875-21963186/ Not to mention the Northern Rock fiasco as well |
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The truth is banking is one of the few industries that earns enough to make it so worth keeping them in the UK they can't be penalized. Because if they moved their "investments" sides the loss to the UK economy wold be devastating. Don't forget besides Gordon's borrowing one of the things that kept him spending was the income from the banks. Not the High Street Barclay's Bank. The huge dealing rooms in the City. Gordon Brown "invested" billions in the UK economy. By expanding up the public sector. Which produces 0 profits. The small amount they spent with the private sector was never enough and frankly if it had of been good economics. The UK would have a far better economy. There's only one thing that fuels an economy. Profits and exports. If you need to borrow what GB borrowed to prop the system up it's not working. Investment at some point shows a benefit and profit. The funniest thing is Ed Milliband now is telling people the cuts are too severe as a Labour Leader. While demonstrating in a march that wants 0 cuts. See Portugal, Greece and Ireland for what that means. |
England is a welfare state, cuts are needed. Sure people don't want to give up their very generous handouts but sometimes you need to face facts and cut the fat.
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Anyways iv gotta be off to go earn myself a crust and give the other half to our corrupt goverment
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The reality is the investment banks will move out of the UK and take their trillions with them if they want to. Look of it like this. If an affiliate program cut it's payouts to you from 50% to 25%, would you stay with them if their conversions remained the same? No of course not. And neither would the investment banks. The French, Germans, Japanese, Chines, Americans, Swiss, Indians and any number of any other country would be lining up offering them favorable deals. Council spending is nice but it rarely produces a real profit. Nice roads, clean streets, etc. Businesses that produce a profit from selling something rescue economies. Businesses like investment banks. With you in charge the country would be bankrupt, 6 million would be out of work, but the UK would have nice roads. :Oh crap Welcome to the world of real business. :thumbsup |
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Banks, in effect, create money under authority of the government in a fractional reserve system through loans and other various financial activities. http://en.wikipedia.org/wiki/Fractional-reserve_banking Most people have the misconception that banks lend out deposits. The reality is very different - banks can literally create new money out of nothing far exceeding the amounts of their reserves (hence, fractional reserve banking). New loans expand the money supply, and repaid / defaulted loans, shrink it... While governments put safeguards in place in regards to how much new money can be created, derivatives and other exotic financial instruments further complicate matters. Why should the general public have to bailout the power-elite's failed financial ventures, often involving reckless lending and sketchy derivatives. In my view, and that of many others, Iceland's approach dealing with the banks was far better ... just default and be done with it as opposed to dragging out the misery for decades Ron |
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I imagine Emiline Pankhurst for one would take issue with that. |
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