23 March 2021 ~ my birthday ~ one year of lockdown
trust me; howling at the moon doesn’t help
The British Government’s draconian response to the coronavirus crisis starts its second year today. We begin another year of lockdown. None of the numbers surrounding COVID-19 are either real and nor do they make any sense. In particular the alleged 126 thousand people who are said to have died of this virus in the United Kingdom in the last year is a completely false statistic.
There are three kinds of lies: lies, damned lies, and statistics. ~ Mark Twain
Here, as in most countries, anyone who has tested positive for the coronavirus in the 28 days before their death is deemed to have died from COVID-19, no matter the true and real cause of death. Even using the false statistics fewer than 2 in 1,000 who have caught the disease have died from it, (0.2%), and of those who have allegedly died from coronavirus, the vast majority have been over 82 years old, (which is older than the median age of death here).
A real statistic is that because of the coronavirus lockdown the UK is broke, and getting deeper into penury with every day that passes. The cost to the UK economy of this lockdown is said to be £521 million a day, ($730 million), although our government is actually borrowing a billion pounds a day, every single damn day.
And the lockdown just gets more and more severe. From next Monday, March 29th, taking a foreign holiday is illegal ~ in fact I would be fined £5,000 for just turning up at an airport. It’s like living in East Germany under the yoke of communism.
All I can do is wish myself a happy birthday ~ hoping and praying that things get better for us all very soon.
after we’ve been vaccinated
why do we still have to wear a mask?
Hell is empty, and all the devils are here
In my entire long and sometimes misspent life I have never seen such destruction and despair, incompetence and ineptitude, lies and chicanery, to match that which is surrounding the COVID-19 virus this weekend. It’s a Sunday, but don’t even think about trying to go to church for holy service, because you can’t. Stop complaining about civil liberties, because you don’t have any. Give up on ever having a job again. And forget it when it comes anyone actually running the nuts and bolts of your country, because they’re all ‘working from home’.
The whole world seems to be on the road to Hell, herded along by all the devils and demons who are supposed to be suffering in purgatory. Instead we’re all learning the lesson of suffering here.
go to heaven for angels
take the road to hell for casual sex
For all the good you have done, for God’s sake Go!
There is political and economic chaos in the United Kingdom today after our Prime Minister, Theresa May, came to the Houses of Parliament and humiliatingly postponed a crucial vote on the exit of this country from the European Union. Mrs. May made lots of lame excuses as to the reason she suddenly put off this key vote, but the real reason is that she knew she was going to lose, very badly.
This postponement of a vote by a Prime Minister is almost unprecedented. It shows an appalling lack of courage, commitment, and belief on the part of the now lame-duck Mrs May. It shows this Prime Minister as a disorganised, shallow charlatan, unworthy of her great office.
If one really believes in something then one fights one’s corner to your last breath. You don’t cut and run leaving utter confusion and disarray in your wake. In the House of Commons, members of parliament laughed at this pathetic woman who showed a shambolic and cowardly side to her nature, who obviously doesn’t even know the meaning of the word courage.
Courage is the determination to do something that really frightens you. Courage is going the extra mile, telling the whole truth, and if you have to, then admitting defeat and walking away.
All good men have courage. It’s a shame that some self-serving women don’t even recognise the concept of true and honest bravery. Those women, like Mrs. May, should just be forgotten and left to rot in the dust.
Some say that a hero can only die once, but a coward dies many times. And that if you hvre never been afraid, then you cannot ever be truly brave. All I know is that brave men and women are few and far between.
Environmentalists are killing the planet, destroying the economy, and stealing your children’s future.
A bunch of rabid environmentalists have forced the British Government to announce that all petrol and diesel cars will be banned from the year 2040. Nobody ever accused rabid environmentalists of being intelligent, or having any common sense. Banning diesel and petrol cars, (or will it be all cars that have exhaust emissions?), has staggering implications that the officials, politicians, and environmentalists haven’t properly thought through.
In Sweden, Volvo has announced that from 2019 all of its new models will be either completely battery powered or hybrid vehicles. There’s a couple of interesting points here. Firstly this move will put a whopping premium on the price of all new Volvo’s. And secondly, hybrid cars still have to have a petrol or diesel engine that will produce nasty polluting exhaust fumes.
Diesel exhausts are killing us all, allegedly.
Across Europe several major cities, (Paris, Madrid, Athens), say that diesel cars will be banned from entering their environs from 2025. The Hell-Hole that is Mexico City has followed suit ~ ha! The mayor of London, Mad Sadiq Khan, wants to ban Petrol and Diesel cars from London by 2050.
These headline grabbing moves will achieve absolutely nothing except to cost consumers and taxpayers trillions of Pounds / Euros / Dollars. Banning diesel and petrol cars in the UK will impose vast costs on drivers for little environmental benefit.
There is no conceivable way that the British electricity generating and distribution systems will ever be able to provide enough power for all those battery powered cars, (and vans and busses, and trucks?). Just where will all the extra power come from? The back of an envelope estimate is that all these electric vehicles will add an extra 30 gigawatts to UK peak demand, and that means we would need 50% more generating capacity. That’s equivalent to another half-dozen huge nuclear power plants like Hinkley Point, or another 20,000 wind turbines, (which only work some of the time). I have no idea how many acres of solar collectors it would take to generate that amount of power, but they don’t work at night, which is when most people will be charging their electric vehicles.
The British Government says it will install a fast charging point every 20 miles on major roads ~ imagine how many holes in the road and road works delays that will mean.
The British Government are also considering slashing the maximum speed on our motorways to 60 mph, and what is that supposed to achieve except more fines from speeding tickets?
This all seems a bit rich considering that the whole man-made global warming agenda has been exposed as nothing more than a massive fraud. The best estimate is that if all the trillions of dollars Obama proposed to spend on his Clean Power Plan to tackle non-existent man-made global warming was actually spent, then global temperatures would perhaps be reduced by 0.057 degrees Fahrenheit ~ one five-hundredth of a degree.
Climate change is a normal, natural, and perpetual process which occurs, and has always occurred, with sublime indifference to man’s puny input. ~ James Delingpole.
There are a few inconvenient truths that politicians and environmentalists would rather the public didn’t wake up to;
- Man-made global warming / catastrophic anthropogenic climate change doesn’t actually exist in any meaningful form ~it’s nothing but a fraud, a massive scam designed to give politicians back control over an increasingly independent populace.
- There is no such thing as completely clean power. Green Energy produces nastier and longer term environmental pollution than does burning fossil fuels. Nuclear Energy is a case in point, look at Three Mile Island, Chernobyl, and Fukushima. Wind turbines have a massively negative impact on the environment, are bad for wildlife, and a blot on the landscape. All batteries are inherently polluting, expensive, and dangerous.
- Switching to electric-powered private transport will require at least a 50% increase in electricity generating capacity in any country that tries it.
- A vast investment in an infrastructure of new charging points to support all these new electric vehicles will be needed.
- Electric vehicles cost a hell of a lot more than an exactly equivalent bike / car / van / truck / bus powered by an internal combustion engine.
- Electric vehicles are less capable, and have a shorter life-span, (about 5 years), before major maintenance is required, (new batteries), than do ‘conventional’ cars, trucks, and busses.
- There aren’t enough qualified mechanics to maintain the huge increase in the number of electric vehicles the politicians propose.
- Disposing of all of the ‘dead’ batteries will require a huge investment in a recycling technology that, as yet, doesn’t actually exist.
- The value of used vehicles powered by petrol and diesel engines will plummet, destroying the economies of the developed world. There is a vast investment in lending to finance vehicle purchases.
- Internal combustion engines don’t have to run on either petrol or diesel fuel. Is a ban on ethanol / methanol / vegetable oil / propane / butane fuelled vehicles also proposed?
- Are politicians also proposing to ban aircraft / railway engines / ships / electricity generators powered by fossil fuels ~ otherwise what’s the point?
- If Politicians think the backlash against Hillary Clinton was an isolated aberration, they’ve got a big surprise in store after all this banning cars crap.
In my life I’ve seen some insane ideas put forward by politicians at the behest of special interest groups, but a total ban on the internal combustion engine running on fossil fuels has got to be maddest thing I’ve ever heard. But then, politicians, special interest groups, and bureaucrats have never been known for putting much thought into anything.
Thinking is the hardest work there is, which is probably the reason why so few engage in it. ~ Henry Ford
At least I have the personal benefit of being able to totally and completely ignore all this banning petrol and diesel fuelled cars crap. Not only that, because I live in a democracy I can cast my vote in ways designed to discomfort the current crop of lightweight, insane, political pygmies. (And that’s an insult to pygmies and the mentally ill.)
Meanwhile, the Lotus 7 is 60 years old this year. Now that’s a great car.
read about the Seven
Most of the news media has confidently predicted that Hillary Clinton will be the next President of the United States.
Most of the news media confidently predicted that the United Kingdom would vote to remain in the European Union in our referendum of 23rd of June 2016.
In the event England decisively voted to leave the European Union, and a new word entered the language; Brexit.
Leave aside the political rights and wrongs, and instead look at the effect that politics has on the Pound or Dollar in your pocket.
The immediate impact of Brexit has been twofold.
- The value of the pound fell dramatically on the foreign exchange markets, (FOREX). There was no good reason for this other than the Political Establishment creating alarm and despondency in Project Fear, in an effort to persuade voters to opt to remain in the hated European Union.
- The price to the consumer of all kinds of goods and services has been increased by mostly unscrupulous suppliers and retailers off the back of Brexit and the fall in the value of the pound. Some of these price increases are fairly justifiable, for example the UK price of petrol, (gasoline), has soared. But then oil is priced and traded in US Dollars. Some price increases blamed on Brexit are just fatuous, for example Walkers Crisps, (chips), have increased their prices by 10% and blamed it on Brexit. Walkers crisps are made in Britain from British potatoes.
There is one lesson to be learned from this. Markets, manufacturers, retailers, service companies, and politicians will use any change in the world order to justify price rises / tax increases / rapid falls in the financial markets. What they are saying to the man in the street is; ‘don’t blame us, it’s all your own fault for voting for the wrong result’.
What you didn’t know is that the major players in any market; banks, brokers, governments, insurance companies, speculators and the like, can all make money in a falling market, (aka a bear market). Principally they do this by ‘selling short‘, that is they sell stocks, commodities, foreign exchange that they don’t actually own for delivery at a future date. Then, when the market concerned falls, they buy the stocks, shares, commodities, foreign exchange they need to complete the contract ~ but here’s the thing, they buy at a lower price because the market has fallen.
Now, you or I can potentially make money in a falling market by selling short through our broker, but this is a very bad idea, because what you are doing is creating a risk where none exists, and that’s just gambling. Entering into this kind of deal is a very fast way to go broke.
However, it benefits the major players in any market to create uncertainty, because where there is uncertainty and chaos there is profit for them. And, where does this profit come from? Actually it comes from you and I, the average man in the street. Because of political uncertainties the cost of just about everything I buy, including my overseas road trips, has gone up. The value of almost everything I own has fallen, including stocks, bonds, and hard cash.
Should Donald Trump be elected President it is likely that chaos will hit the US financial markets. You can even take a bet on what will happen to Wall Street after the election. I can firmly predict that if Clinton loses the value of the US Dollar will fall, as will the Dow Jones Industrial Average. And why is that? Because it suits the speculators to make it so.
As it happens, nobody yet knows what will happen to the UK economy now that we are committed to leaving the European Union. Nobody yet knows what kind of President Mr Trump will make, nor what kind of handle on the US Economy Mrs Clinton has either. Most of the short-term economic impact of politics is down to speculation and not fact.
Personally, I disagree with just about everyone in that I believe Trump will make a better president than Clinton, (as far as the US Economy is concerned), and that Brexit is better for the UK Economy than staying in the European Union and Single Market could ever have been.
But then, I’ve never been one to have fashionable views.
these opinions are mine, and mine alone
There has been much talk about the fall in the value of the Pound Sterling against the United States Dollar and the bastard Euro since Britain voted to leave the European Union. Without getting into the politics of it, what’s all this about, and what does it all mean?
To start with; the exchange rate, or foreign currency exchange rate, or Forex rate, measures the value of a base currency, (your own currency usually), against a foreign currency. Thus the $ / £ rate is currently about 1.22, which means one pound sterling gets you one dollar and twenty-two cents. The exchange rate is the price of one currency against another. Some people also use movements in exchange rates to measure the strength of a currency’s underlying economy. This is like measuring global warming by looking out of window at today’s weather. It’s a
piss very poor gauge.
However, long-term trends do tell you something ~ like the recent fall in the value of the pound could have been predicted years ago because of the amount of UK debt sloshing around. The fall in the value of the pound has very little to do with Brexit, and a lot to do with the UK government printing too much money for years, and years, and years…
A weak economy is the sign of a weak economy, and a weak economy is the sign of a weak nation. ~ Ross Perot
Ross Perot doesn’t know much about Forex either.
What does this mean to you and me? Well, for a start, the exchange rate tells you very little about how much your savings / salary / holiday money is worth in your preferred destination. For that you need to know about purchasing power parity. What this theory says is that my money still goes a hell of a long way in Orange County, California, USA. As an example, car rental and the price of petrol / gasoline, is still cheaper for me in the USA than it is in England. So is the cost hotels, eating out, and etc. I have suffered a potential windfall loss in the change in the price of the USD against GBP, but on the scale of things does that worry me? Nope.
Worrying about movements in currency exchange rates is a lot like worrying about what the weather is going to be like next week. It’s interesting, but pointless.
Forex rates do have an effect on people, but not in the way you’d think. Forex rates, interest rates, purchasing power, inflation, government fiscal policy, all these factors kind of mush together to create an amorphous mess that hardly anybody understands. So let me break it down for you.
- The man in the street and small businesses. Forex rates hardly affect you at all, in relative terms. When it comes to the cost of your vacation abroad the movement in exchange rates is a tiny proportion of your overall spend. Here in England stuff you buy at home may get slightly more expensive, but that’s really down to lying politicians and the bosses of big businesses using exchange rate movements as an excuse for price hikes. If exchange rates had gone the other way do you think things at home would get cheaper? Of course not.
- Businesses buying and selling overseas. Here the sterling / dollar / euro / yuan exchange rates actually mean something. It means stuff you sell in pounds sterling has become better value abroad, while product you buy abroad in foreign currency has become more expensive. So what? That’s what management is all about, and if you don’t understand Forex, why are you dealing in foreign currencies anyway?
- Multi-national companies. Forex rates affect the big multinationals not at all, it’s merely another variable in their international treasury management operations. When a multinational like Unilever says they have to increase their prices to UK supermarkets because of the fall in the value of the pound, they’re lying.
What really impacts on everyone is this purchasing power parity thing, and that’s a lot more complicated than just exchange rates. For example, the national minimum wage and cost of health care has a lot to do with purchasing power parity.
As far as governments, central banks, and politicians are concerned, they could care less about Forex rates. They may talk a good talk, and wring their hands from time to time, but they really, really don’t care.
What should you do about movements in foreign currency exchange rates?
- Don’t worry about it, because it’s as pointless as worrying about the weather.
- Don’t create translation exposure. Pay for stuff in your own currency, and if you’re selling abroad, then sell in your own currency ~ (if you can, if not consider forward currency cover). Don’t ever borrow money in a currency you don’t earn. Also, don’t save in a currency you don’t want to spend.
- Don’t buy complicated Forex products, (if you don’t understand it, don’t buy it), or pay for advice on exchange rates. In fact never, ever, pay for financial advice of any kind.
- Shop around. Buying or selling foreign currency is the same as buying and selling anything else. Spend a little while looking for the best deal. But beware, there are more crooks in this market than there are in the used car business.
- Forget exchange rates and look instead at purchasing power. If I can buy the exact same thing on Amazon.com in $ as I can on Amazon.co.uk in £ which is going to be the better deal? You know what? 99% of the time it depends on where I want it shipped to.
The true currency of life is time, not money, and we’ve all got a limited stock of that. ~ Robert Harris
Mostly, movements in foreign currency exchange rates are simple ~ they will affect you in ways you cannot understand, cannot predict, and can do nothing about, so forget it. For some people, foreign currency exchange rates are frighteningly complicated and dangerous animals, but given that these people usually work deep in the research engine rooms of the world’s biggest banks, it’s safe to let them get on with whatever it is they do, which is not a lot.