Unlimited Bailout For UK Banking Scam 'The Treasury has formally announced a scheme to allow banks to exchange cash or shares for a Government guarantee on their "toxic" debts, transferring any losses they suffer from the banks to the taxpayer. However, the Chancellor admitted he can't estimate how much taxpayers' money will be needed in the latest bailout. "We're doing it, because if the banking system collapsed, every single one of us, the economy would come down with it. I don't think anyone would argue you ought to let that happen," he said.' TV Licence Fee Cash Guarantees House Prices of Relocated BBC Staff 'The prices of hundreds of homes owned by BBC employees in London will be guaranteed by licence-fee payers under a relocation package aimed at enticing staff to Salford. Employees will also receive 5,000 pounds in relocation expenses, up to 3,000 pounds to pay for new carpets and curtains and will keep thousands of pounds in London weighting allowances, it emerged yesterday. The decision to use the licence fee to underwrite property values in a falling housing market has been condemned as unacceptable.' Scottish Police Want An End To Trial By Jury 'Scotland's senior police officers have told ministers the automatic right to trial by jury for the most serious crimes should be abolished. The Association of Chief Police Officers in Scotland (Acpos) said juries should remain the general rule in criminal trials, but in long and complex cases "a jury may be disposed of ... with such trials proceeding in another manner". Options include a single judge sitting alone or a panel of judges. Acpos also said ministers should be consulted on which trials are run without a jury - a fundamental break from the current system, where the Crown Office decides how to prosecute cases independently of politicians.' Societal Apocalypse 'It requires a concerted effort to comprehend the enormity of what cabal capitalists are currently perpetrating: outrages so monstrous--yet hidden and somewhat gradual--that most people aren't able to discern them. In this essay we'll investigate how the cabal is using its economic terrorist attacks as a means of destroying American society utterly and on its ashes attempting to create a new political-economic world order, quickening America's and the world's descent into a new Holocaust. We'll also explore how we can survive this Cataclysm and overcome the forces perpetrating it.' Monetary Union Has Left Half of Europe Trapped in Depression 'Events are moving fast in Europe. The worst riots since the fall of Communism have swept the Baltics and the south Balkans. An incipient crisis is taking shape in the Club Med bond markets. S&P has cut Greek debt to near junk. Spanish, Portuguese, and Irish bonds are on negative watch. A great ring of EU states stretching from Eastern Europe down across Mare Nostrum to the Celtic fringe are either in a 1930s depression already or soon will be. Greece's social fabric is unravelling before the pain begins, which bodes ill. Each is a victim of ill-judged economic policies foisted upon them by elites in thrall to Europe's monetary project - either in EMU or preparing to join - and each is trapped.' Pastor Lindsey Williams Details "Economic Calamity" Ahead 'For some years now, I have been saying that the "money changers" and "banksters" in London and New York are setting us up. They're playing a money game in which all of the marbles are on the table. It seems that this game is now in the bottom of the Ninth inning.' Taxpayers Face Years of Debt in Bank Salvage Deal 'Taxpayers are poised to take on the "toxic" debts of High Street lenders in a new bank rescue deal that could cost the Treasury billions of pounds. Under the "pay as you go" plan, details of which were still being hammered out on Saturday, the Government will create a new insurance scheme that would see liabilities of up to 200 billion pounds potentially kept on the public books for years.Taxpayers would not face an immediate upfront cost but could be hit with payments in future if banks' assets fell below a certain level.' MPs Denied Vote On Bin Tax 'The government has quietly adopted powers enabling it to introduce national pay-as-you-throw rubbish taxes without a vote in parliament.The move, which was confirmed this weekend by the Department for Environment, Food and Rural Affairs (Defra), will allow councils across the country to impose extra charges on householders who leave out too much non-recyclable waste. The fact that ministers have adopted powers to impose the taxes on millions of households without a vote in the Commons will shock MPs. They always believed they would be able to veto the unpopular move following trials in five pilot areas.'
Monday, 19 January 2009 Monday, 19 January 2009
Monday, 19 January 2009
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