Wednesday, June 2, 2010

No change possible

18 months ago the US population voted for change. A month ago the UK population voted for a hung Parliament wanting a change from New Labour. However, no such change is possible - when all major political parties in both countries are dedicated to maintaining the failed business/financial model.

We are returning, slowly, to business as usual - financial manipulation on a colossal scale where vast sums are involved in speculation that drive stock, commodity and currency markets up and down. In the last month, the price of oil was driven up and then down again as witnessed by the prices at the pumps. The attack on the Euro was orchestrated with by the same manipulators. In fact, the US economy continues to be in far, far worse shape than that of the Euro zone. The attack was kicked off by the US rating agencies downgrading the Greek debt just as Germany and the IMF were announcing a rescue package.

The writing is on the wall, however, for the Wall Street/City of London manipulators. The financial weight of the West is now in continental Europe, which will not put up with this Anglo-Saxon destruction very much longer. The real economy will then no longer be held hostage to the whims of the disreputable banksters.