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Archive for the ‘Terrorist State’ Category

[Your Data] How Often Have They Lost Your Data

Posted by Lex Fear on February 17, 2009

Open Rights Group have a questionnaire which should tell you!

via: Ideal Government

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Posted in Absolute Power, Anti-Terrorists, Bad Company, Buyer Beware, Copywrong, Databases, Financial Terrorism, Free as in Speech, Minitruth, Pharisees, Predatory Systems, Realpolitik, Technology, Uncircumcised Philistines, WhatTheyDontWantU2C | Tagged: , , , , | Leave a Comment »

[Heroes] Fax Off

Posted by Lex Fear on February 13, 2009

This has to be one of my favourite stories of 2008:

OK. Fine by me. One great advantage of my VOIP provider (Primus, for anyone who cares) is that their base package includes many interesting features, including the possibility to redirect any number to another. Thirty seconds later, I had the fax number redirected to the receptionist’s number.

From: The Consumerist.

See my previous post on Culture Wars – dealing with corporate bullshit.

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Posted in Bad Company, Buyer Beware, Financial Terrorism, Ha-has, Predatory Systems, Takeback | Tagged: , , , , , , , | Leave a Comment »

[Misadventure Capitalism] – The Fat Cats That Got The Cream

Posted by BHudson on February 8, 2009

Royal Bank of Scotland – 68% nationalised
Lawrence Fish, non-executive chairman – paid £6.6m in 2006, receiving a £1m pension from April.
Fred Goodwin, former chief exec. – paid £4.2m in 2007, due for a pension of £8.37m

HBOS – 40% nationalised
Peter Cummings, former head of corporate lending – paid £2.6m in 2007
Michael Geoghegan, chief exec. – paid £2.955m in 2007

Bearing in mind that their companies are now owned by the taxpayers, one would have thought that they could show some restraint in pouring out bonuses. Nonetheless, RBS alone seems to think it’s a good idea to pay out a billion pounds of money to their fat cats as reward for nearly killing the economy.

I hold these points to be self evident:
1.Wages are a reward for the individual’s input of the factors of production.
2.Banking is a service industry, hence the factors offered by the executives are labour and entrepreneurship.
3.Most executives seem to do very little work. Hence, their input of labour is little.
4.Good entrepreneurship does not result in almost going bust. Hence, their input of entrepreneurship is very little.
5.Hence, they are due little compensation for their efforts.
6.Bonuses are a reward for extraordinary success.
7.Ending up mostly owned by the government is not an extraordinary success. Hence, they are due no bonuses.

Anything there sound ridiculous? To be honest, they ought to pay back all their bonuses for the years of unwise lending that got us in this state in the first place. Now the government has bailed out the bankers and decided to nationalise them, they ought to take a stand to stop such ludicrous profiteering, rather than trying to ‘coax’ them into playing ball. If America, France and Germany can do it perfectly easily…

Posted in Bank Robbers, Corporate Irresponsibility, Financial Terrorism, Little Hitlers, Londonland, Named and Shamed, Opinion, Profiteering, Protest, Untouchables, Wealth Creation | Tagged: , , , , , , , , , , | 3 Comments »

[Economic Meltdown] Flash… Aah Aah He’ll Screw Everyone Of Us

Posted by Lex Fear on February 4, 2009

Overheard at a desk in a major investment bank today:

“This MP basically said that they’re creating an inflationary environment… 15% interest rates, not this year, but over the next 3 years”

Make of it what you will, personally it tells me that everyone in the know is aware of what is coming next and what is needed, but for some reason Flash Gordon and Alistair Darling are out of the loop or didn’t get the memo. It’s also becoming clear that Flash is intending to pull a Zimbabwe and start printing money (he calls this “quantitative easing” – which is another fancy financial bullshit term for printing money).

You see there is only two ways out of a recession, inflation or raising interest rates. You should know what happens when the government uses inflation, it’s been done before by the Weimar Republic and more recently Zanu-PF.

But what about the other tool, interest rates? Well, you see, this would cause millions of feckless, leveraged, mewing borrowers to realise the difference between debt and wealth – can’t have that, or can we?

The fact is we’re dangerously close to the edge of falling into hyperinflation and while its difficult to predict how disastrous this would be we do know that fixed loans would be eroded away, but so would the value of GBP, the value of any savings and investments too (you know, the things used to fund borrowing) – basically our ecomony would become worthless and most likely we’d all end up informally adopting the Euro.

So why does Flash want to print money? There can only be one of three conclusions, either he…

  • Has lost all sense of reality, delusional, thinking he is the saviour of the world
  • Is incompetent. He has no clue what he is doing, no clue how to manage an economy and has sat on top of the biggest economic bubble in the history of the world, taking credit for something he had no part in. Or…
  • Has engineered this, in part, on purpose. The most far reaching conclusion however I can’t help but wonder if he was hoping for a bust sooner, so that it would damage Bliar (and oust him out of office), or even, guessing (or feeling) he will lose an election soon, hoping to pass the bubble on to the Tories just before it burst (securing a short term for them, allowing him to be elected back into power at the next election). Far reaching but not inconceivable – considering all the warnings he has ignored over the 10 years he was Chancellor.

Whatever the reasons for his contempt of savers, the UK economy and the poor, all his actions are delaying the inevitable (and making it worse)… depression and potentially more civil unrest.

Posted in Absolute Power, Bank Robbers, Bollotics, Doublethink, Financial Terrorism, Minitruth, Pharisees, Uncircumcised Philistines, Wealth Creation, WhatTheyDontWantU2C | Tagged: , , , , , , , , , , , , , , | 5 Comments »

[DeBushification] Obama… One of Us?

Posted by Lex Fear on January 23, 2009

There’s a lot of cynicism out there about the man, Obama. It’s not entirely unjustified either, our American friends did not get to experience the enthusiasm and promise of a young Tony Blair becoming Prime Minister and ushering in a new wave of ‘Cool Britannia’. That was before the Millennium Dome, the spin-meisters, Iraq, David Kelly, Jean Charles DeMenezes, the surveillence state, banning of protest… and don’t forget all along Gordon Brown riding on top of a spectacular bubble as though he had brought a new era of wealth – ignoring all the warnings by people more intelligent than he.

So yeah, I understand the cynicism about Obama. However I can’t help but be won over by the actions of his first few days in office. Most of us were expecting the usual settling in period, the careful introduction of new policy and slow pushing out of the old… not so for Obama, why it’s almost like one of us got into the White House and set about putting immediately putting right what has gone so horribly wrong.

And like one of us, he’s bound to piss people off, get things wrong and misunderstand the old, establised process.

Still, in just 4 days he has ordered a stop to torture, rendition flights and secret jails, put a stop on staff payrises, taken away as much power as possible from lobbyists, set the closure of guantanamo bay in motion, embraced creative commons, honoured freedom of information, promised to put Israeal/Palastine on the agenda (which I see as a snub to our ponzi Middle-East Envoy), and now reversed one of Bushes executive orders to keep former President records private.

I don’t remember any such dramatic reversal or regime change in history apart from war and revolution.

Although I don’t agree with Obama’s policy towards the global recession and bailing out financial terrorists institutions, I have faith that this is not the same old tribal politics we are going to see. It is plainly obvious that Obama has character and he is not going to do things the same way. I don’t think America will be the same either.

I just hope he doesn’t screw up. I’ve seen so many great and inspiring people personally screw up… enough to make you renounce your faith. When I hear people gush about Obama, all I can think is “He’s not the Messiah, he’s a very naughty boy.”

So, if you’re still a die-hard cynic, at least take consolation in the fact that even if he’s not championing your own personal cause, he’s making steps in the right direction. Much like William Wilberforce took on the huge political task of overhauling Britains slave industry.

Posted in Financial Terrorism, Opinion, Realpolitik | Tagged: , , , , , , , | 7 Comments »

[Londonland] Police Pwn State, MAFIAA Pwn Police

Posted by Lex Fear on December 6, 2008

Having solved all crime in London, TorrentFreak reports that the Met are now going to go after people who make poor quality cammed movies to sell to people who are too stupid to realise that good quality movies are freely available online.

Perhaps the only consolation here is that politicians and Brazilian plumbers can now safely go about their day to day business whilst the pirates eat lawful lead.

One problem I can already foresee, what does a pirate look like, and how can one avoid being mistaken for a pirate? Is there anything we can do to aid Met police in order to avoid an embarrassing accident involving several bullets and an innocent civilian who looked nothing like a terrorist?

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Posted in Anti-Terrorists, Copland, Little Hitlers, Londonland, Predatory Systems, Profiteering, Propaganda | 2 Comments »

[Educashun] Real-life Monopoly Game Mod

Posted by Lex Fear on November 30, 2008

A recent post by Stef has gotten me seriously thinking about the game of Monopoly and how it relates to our current, completely unforeseen, crunchy, global, it-was-all-Americas-fault, financial crisis.

Monopoly has always been one of my favourite games but ever since I read Rich Dad, Poor Dad back in 2002 (yeah I know people say it’s too anecdotal), I’ve wondered about how to make it more real life.. I mean it’s a potential teaching tool since all the basics are there but when you really think about it, getting money is just too easy.. I mean the bank is just giving it away and it doesn’t ask for it back, and if you’re playing alternative rules, the city doesn’t charge you for parking, instead it gives you a tax windfall.

So I’ve thought of a bunch of ‘real-life’ mods to introduce to a game of Monopoly:

  • All players start with £20, the banker starts with £10,000 which is used to provide mortgages.
  • “Go” symbolises a payday, but you get a wage relative to the price of streets – £20 therefore..
  • In order to buy a street, you need to take out a mortgage. An interest rate is agreed with the bank each time eg. 5%. (players can also take a mortgage to purchase from each other).
  • A mortgage term is agreed over the number of times you pass “Go”, eg. You take out a mortgage on a Train Station for £199.50 (£10 deposit, £190 + 5% interest) over 5 “Go’s”, your mortgage payment will be £39.90 per passing of “Go”.
  • The banker is a player himself but does not take turns to throw the dice and cannot own property. Instead the objective of the banker is to make the most profit out of the game – this means making more money than the last man standing.
  • The banker does not have a wage but is funded by the central bank/government. The banker instead keeps money made from interest on mortgages and other transactions.
  • The banker keeps a seperate account for himself and one for the central bank/government/fund or whatever that wages are paid from.
  • The banker negotiates all mortgages and rates. On taking out a mortgage it is up to the banker to determine whether you are able to afford the payments (by whatever means). The risk for the borrower is losing the the property, the risk for the banker is losing money to a bankruptcy.
  • If an borrower cannot afford to pay the mortgage on thier turn, the banker can decide to repossess at any time until payments are caught up.
  • If the banker forces a repossession, the property must immediately go up for auction, and the banker keeps any money generated from the auction. If a mortgage is needed then this is negotiated as per usual with the bank.
  • In the event of a bankruptcy, the bank recovers all property for auction (and keeps the profits generated), liquid assets are devided between the creditors.
  • There is no such thing as free parking, if you land on the square marked “free parking” then you must pay £6 within 12 squares (by the time you get to Oxford Street), if you don’t pay then the fine rises to £24, if you then don’t pay by the time you pass “Go”, the fine becomes £48 and the banker may optionally increase your interest rates on your mortgage (the fine remains outstanding during this time and must still be paid off) or throw you in jail and cancel the fine.
  • All the train stations and utility companies are privatised and therefore when a player lands on a privatised train station or utility company, the owner also gets a matching payout from the government/central fund. Train station and utiltity company owners are allowed to raise their rates in line with interest rate set by the banker.
  • Rent and sale prices are set individually by property owners.
  • If a player cannot afford to pay rent, they can choose to forfeit a turn of the dice and the banker may also increase the interest rate on their mortgage.
  • The banker must keep the interest rate on any mortgage for the life of the mortgage unless the borrower falls into debt. The banker can only increase the interest rate in the following circumstances: The borrower fails to pay rent, the borrower fails to pay a fine, tax, train station or utility company. The banker keeps the money from the increase.
  • Creditors can optionally wipe out any debt owed (depriving the banker of an interest rate increase).

I have no idea if these rules would work practically, however they would certainly change the game in favour of the banker, the station and utility company owners, thus better reflecting real life. Of course if you wanted to make it more realistic, you could allow the banker to repackage debt and sell it as financial products to other players. You could sell the properties for full price but call it “shared ownership” and allow the government to charge half rent everytime the owner lands on it. The banker could act as Estate Agent and issue ‘valuations’ on each property when a player comes to sell and taking a cut of each sale as well as issuing the mortgages. Finally, if the banker ever runs out of money then the central fund could be used to ‘bail-out’ the banker.

I realise that contrary to the usual game mods, mine could actually make the game of Monopoly more boring, and would be very difficult to introduce to people not so interested in the details of how supply and demand works.. which just goes to show how screwed we really are as a human race. I mean, if.. IF our current former-Chancellor turned Great Leader Gordon Brown could not see the “credit crunch” coming, then just what was he doing for the past 11 years as head of the UK’s economy? Perhaps he really meant “No. More boom and Bust!”

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Posted in Bank Robbers, Financial Terrorism, Property Market, Wealth Creation | Tagged: | 7 Comments »

[Government Policy Announcement] Bang, Bang, Bang, Bang, Bang, Bang, Bang, Bang, Bang, Bang, Bang… You’re Dead

Posted by Lex Fear on November 1, 2008

Since I don’t contribute enough to my own blog, I sometimes take the liberty of reproducing stealing a comment I leave on someone elses blog, the following is what I just left over at The Osterley Times:

It’s about time the truth started to get out. I never believed the official police or media account when certain witnesses were coming forward to say he had a heavy brown winter jacket on and “wires sticking out”.

The Met police have shamefully and barefaced tried to obfuscate and bury this incident from day 1.

Mr De Menzes reputation has been dragged through various incarnations of a rapist, drug user, illegal immigrant (overstayed visa) and such with the complicit help of evil publications like The Sun.

We have had dark days in the last 5 years with the political and authoritarian spin machine and though I may sound like a conspiraloon there are far too many questions and nefarious subplots going on around our government and that of the US.

Someone should lose their job- possibly go to prison over De Menezes, unfortunately I think all that will come out of this inquiry is a fine at the most.

Lastly, I hope the worst for Cressida Prick.

She has openly admitted that this could happen again, and with the same forked tongue has the gall to defend their actions and say that there was no way it could be prevented, no lessons learned, no changes to policy.

And it requires a change of government policy that’s for sure. The announcement of a shoot-to-kill policy came in the form of a bullet through one of our own heads (‘one of our own’ as in ‘innocent civilian’).

Policies like this should not be made in secret and I find it shocking that Tony Blair, Ken Livingstone and Ian Blair are not all sitting in jail now awaiting sentencing. Gordon Brown of course may not have been the man to order this policy but he is also complicit in that he allows it to now continue.. just as he allows the Iraq war to continue.

And watch for the announcement of troop withdrawal from someone with balls like Obama, will Brown then follow and withdraw our own?

Someone in the Met needs to lose their head for this, otherwise it could be any one of us travelling the tube one day.. best not to go on any foreign holidays and risk getting a tan!

[/rant]

Sorry but De Menezes the whole thing just makes my blood boil- I’m so angry with the people who did this and have got away with it.

Anyone following the events surrounding Jean Charles De Menezes murder unfortunate identity crisis, the media spin, government and police spin and inquiry would be well aware of the gross amount of lies misunderestimations about what happened that day.

Many of us who didn’t swallow the media and Met police official pill have now had our suspicions confirmed by at least 2 witnesses that this was a cold execution of an innocent man who was given no warning.

Next time you board a tube, you may want to make sure that you (a) don’t have a tan, (b) aren’t foreign, (c) don’t have a heavy rucksack (though this seems to make no difference) and (d) better warn your family in advance there is a slight chance you may not survive the journey.

Also, you may want to prepare your family that if you are ever killed by anti-terrorists whilst travelling on the tube or generally minding your own business, that you are in no way a sex offender, rapist, peadophile, drug dealer, illegal immigrant, know a muslim who knows a muslim or anything else which may slightly damage a reputation because, garaunteed, this is what you will become as the anti-terrorists attempt to clear themselves of all wrongdoing in the eyes of the Daily Mail.

God Bless you all, as I frequently travel the tube, and have just written a peice of anti-government hate speech, I cannot garuantee I will survive my next tube journey to blog again.. however please be assured I’ve never raped, sexed a minor, dealt in drugs, illegally entered the UK… but I did overstay a visa in Switzerland! – oh shit that’s it then.

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Posted in Absolute Power, Anti-Terrorists, Copland, Justice & Mercy, Little Hitlers, Londonland, Opinion, Pharisees, Propaganda, Realpolitik, Uncircumcised Philistines, V for Vendetta | 3 Comments »

[Housing Market] Don’t Get Fooled Again…

Posted by Lex Fear on October 18, 2008

So far I’ve resisted the urge to do an “I told you so…” post when it comes to the property market but I still get the distinct feeling that the general populace still hasn’t ‘got it’ when it comes to booms and busts – despite the fact there is now more information in the public domain than ever before – so much so that we should never be screwed over by an estate agent or indeed any salesman ever again!

I know that the past has always shown a trend of cycles, booms and busts, whatever you want to call them, it’s called the market – some win (those that do their research) some lose (everyone else). What the future holds, I don’t know. If enough people get hold of the information which is free and out there, I know it can change significantly, if enough people would only accept reasonably prices for housing, for example, there would be no booms. Imagine if people simply logged onto HPC or Property Snake, whilst having a gander at Our Property and the land registry prices for a street before bidding on a house… then maybe we could have a real truthful stable economy.. or at least stable housing market. Might even get fairer council taxes too…

For those of you that like a bit of schadenfreude (since no-one can get a mortgage or in their right mind would be buying now) I found a new tool the other day, Property Bee, which works as an extension to Firefox. What Property Bee does is collect data from users browsing a number of different property sites (eg. Rightmove) then inject it into the webpage as you surf to show you changes to the advertised details including prices. It also works for rentals.

What Property Bee does well is expose the dodgy underhand practices, reduction in asking prices and length of time a property has lay stagnant on the market. Property Bee gives power to the buyer and if enough people adopt this tool then it could really make difference for the future.

Check out this advertisement for example. £99,975 shared ownership, £199,950 original price… really? Install Property Bee and check out the history.

The tools are there, for free, when property passes the despair/blow off stage and begins to climb (and we have a few years yet) the there will ben no reasons left to fall for an estate agents claptrap again, ever.

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Posted in Buyer Beware, Financial Terrorism, Housing Market Myths, Profiteering, Property Market, Technology, Wealth Creation, WhatTheyDontWantU2C | Leave a Comment »

[High Noon] Bwankers vs Sheriff of Chicago

Posted by Lex Fear on October 13, 2008

From the Consumerist:

“Chicago’s sheriff has placed a moratorium on evictions for mortgage foreclosures, angering bankers who say he’s breaking the law.

Cook County Sheriff Tom Dart said he understood he was flouting the
law in refusing to have deputies carry out the rising number of
eviction requests, but mortgage holders must be accountable.”

Could this be a good reason to introduce Sheriffs back into the UK, Sheriffs who live in the community they work, have jurisdiction and character?

If only British bobbies and the very few (if any) honest bailiffs would step up to the plate here in the UK… unfortunately here in the UK we suffer from a disease of predatory systems and tick-box culture.

Let me explain.. the powerful (now nationalised) elite design the system, which is predatory and designed to be as inefficient and unhelpful as possible, utilizing holding actions against those they serve. They then train a portion of the monkeys that the predatory system is designed for, to abandon rational thought and follow a strict protocol of rules and tick boxes.

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Posted in Absolute Power, Bad Company, Bank Robbers, Buyer Beware, Copland, Financial Terrorism, Holding Actions, Justice & Mercy, Morals & Ethics, Predatory Systems, Profiteering, Property Market, Realpolitik, Tick-Box Culture, Wealth Creation | Leave a Comment »