Friday, 29 June 2012

NHS Trusts - questions need to be answered

It has become apparent that the NHS Trust in Lincolnshire is more corrupt than any other, it has been using tax payer money to pay off directors with bribes not to release information about bad practices.

Yesterday I said we were living in a corrupt third world country, that was a little flippant and I did not expect more evidence to back it up, however, this story from Lincolnshire is appalling.

The site has now been blocked:

The documentation has now been withdrawn, but questions are still outstanding, it's perfectly clear that irregularities have been committed here...

Thursday, 28 June 2012

OMG the banks have done it again!

Barclays bank has been fined £290 million by the FAS for fixing the Libor rate, and this apparently has affected everyone with loans, savings & mortgages.

This has come about after an investigation that started in 2005. How long does it take to find out that someone is using dodgy practices? More importantly how can it be fixed? Can it be stopped? Should there be prosecutions? Is Barclays the only one?

Perhaps that last question is the most important.

We are living in a corrupt third world country called England, it is sad.

Tuesday, 26 June 2012

National Health Service Trusts


Now I have heard everything. One of the privately owned NHS trusts has been losing over £1 million every week. Nationalisation was never as expensive as this. The time has come to recognise that all this money has been used for executive life styles and not medical care.

What now? No idea, I'm not an expert. I suspect that the tax payer will cough up because no one is going to let people suffer. However, are we going to learn that some things should not be privately owned, like the health service, the water board, the energy companies etc,.

I am 'not' a socialist, how can anyone believe that we are 'all equal', but I am fed up with resources being wasted on managers...

Friday, 22 June 2012

Bank Lending

Last night [Thursday 21st June, 2012] on BBC's Question time one of the panellists was Julie White and she was the owner of D-Drill (Master Drillers) Ltd.

When the topic of bank lending cropped up Julie pointed out that she had to borrow from a Swedish bank because British banks would not lend to her, even though she was applying for the most recent schemes.

This situation appears to be even worse than the media is making out, and the Government has to do something about it, as the current “gentlemen's agreement” isn't working.

If we do own RBS like everyone says, then re-name it to "British Bank” [the name doesn’t matter it's the idea I'm trying to promote] and then 'force it' yes 'force it' to lent to British business, whether it is small, medium or large, make them lend...

Thursday, 21 June 2012

A society obsessed with consumption

Yesterday [Wednesday 20th June, 2012] I heard Robert Skidelsky, an economist talking about a statement made by the economist Keynes. A century ago, economist John Maynard Keynes predicted that by now, no-one in Britain would have to work more than 15 hours week because machinery and technology would take the strain.

He finds a society "obsessed with consumption" and people working for more money, simply to buy more.

Well, consumer confidence is actually considered a message of a Country's relative economic strength.

When a load of poor deluded sad-acts are down at the shops running up debts on their credit cards, finance ministers claim that the economy is 'growing' and start celebrating. Recessions are deemed to be over the moment people start spending money which they don't have on things they don't need.

Consumption is synonymous with 'growth' and growth is good. It is always good, whenever and wherever. Hence, clearly consumption is good, all consumption, anywhere, anytime. Judged by the logic of world economics, the death of the planet will be the zenith of human achievement, because if consumption is always good, then to consume a whole planet must be the best thing of all.

Wednesday, 20 June 2012


I'm starting to get a little fed up with excuses, excuses made by employers, or I should say their staff.

In the last month I've been told that I am too old, too young, over qualified and under qualified too introvert and too extrovert, what a load of tosh.

Do employers have any idea what their HR departments are up to these days, or are they just happy to spend the advertising budget on un-fill-able positions.

I wonder how it's going in Mexico @ the G20...

Tuesday, 19 June 2012

Why do the names change?

The first point is Rebel as in:-

a person who refuses allegiance to, resists, or rises in arms against the government or ruler of his or her country
a person who resists any authority, control or tradition

Where the rebels were of a type we disapproved of (in Iraq, after the Anglo-American invasion), they were ‘insurgents’. Had they been approved of, they would have been the ‘resistance’.

Likewise, in Syria, ‘our side’ must not be called ‘rebels’ or ‘revolutionaries’. They are called ‘activists’, a word so meaningless that it demands analysis.

Of course support can be given or taken to one side or the other just on the terms used to describe them. This is bizarre...

Monday, 18 June 2012

Nobel Peace Prize

Aung San Suu Kyi finally gave her lecture in Oslo to the officials of the Nobel Organisation last Saturday [16-JUN-2012].

The setting was a grand hall building somewhere in the city, the King, Queen & Prince of Norway were in attendance along with 100 dignitaries.

It seemed a very solemn occasion and although she has not had one of the best lives people can endure, I am sure she would have been a little happier if it was not quite so solemn.

She started her speech with a light hearted remembrance of listening to 'Desert Island Disks' on the radio with her son, but then moved onto the atrocities that have surrounded her in Burma.

She is pleased that it seems the whole world is changing towards a more peaceful place because more of the world is aware of their neighbours, and there appears to be more tolerance in the world today.

During her speech she said "One prisioner of conscience is one too many" and received applause in what had been a remarkably silent audience.

Friday, 15 June 2012

A vicious circle

Last night [Thursday 14-Jun-2012] at the Mansion house dinner both the Chancellor & the Governor of the Bank of England have announced more money for banks. It has a different title but in reality it's still just money for banks.

What they hope is it will make it easier for banks to lend.

The problem here is the banks see two types of lenders [bear with me here I'm making it a little simplistic] good credit worthy ones and bad credit worthy ones.

The good credit worthy ones don't want to borrow at the moment because of the international economy and a severe lack of confidence.

The bad credit worthy ones want to borrow [always] but the banks are reluctant to lend to them, which makes sense to me.

So how do we give confidence to good credit worthy clients to allow them to borrow?

Tuesday, 12 June 2012

An update on the game

As mentioned last Sunday 3rd June I could not play a game, the game belongs to a company called Bethesda.

They have contacted me with a set of instructions which I have carried out and am now back in the game.

Naturally I am very happy for this little personal service they have given to me, but it still wrankles me that I need an internet connection to play a single player game, I am sure they can find another route to secure protection for their products without having to rely on a third party...

Monday, 11 June 2012

The United States of Europe

This weekend just gone, Spain has accepted 100 billion Euros as an official bail-out.

However, the Spanish government has gone to GREAT lengths to stress that this is a 'bank' bail-out and not a 'country' bail-out even though the public knows that it "is" a country bail-out.

I, like the markets don't really care what the politicians say, the public will choose at the next elections who they want, however, this loan has stabilised the situation in the Euro zone, but once again it is temporary.

The pot must be nearly empty.

Now is the time for all the members of Europe to come together as one.

We have the United States of America, we have the United Kingdom, the next phase is a "United Europe" and that is what it will be called. It does not matter how many members there are, as long as everyone involved has the same currency and the same government...

Friday, 8 June 2012

United Nations

Ban Ki-moon is said to be angry, or as a diplomat perhaps it's frustration.

Yesterday [Thursday 7th June, 2012] he said "How many more times are we to condemn them, and how many ways must we say that we are outraged?".

Good question.

However, we are getting a sense here of the United Nations becoming muted!

There is one country Syria, one government, lead by one man and they are [allegedly] killing their own people, and no one is doing anything about it, so it must be all right eh?

Thursday, 7 June 2012

A new Europe

It appears that there are more urgent talks taking place concerning Europe.

Well the current crisis has been going for over a year, and it is getting worse with announcements that not only are the Greeks leaving their country with huge amounts of wonga, the Spanish are now doing the same.

There are 27 members of Europe [we are one of those] and their are 17 members of the Euro. It does not take a lot to realise that this does not work.

There are 50 members of America [North] and 50 members of the dollar [North], there are 4 members of the UK and there are 4 members of the pound [sterling], you can see a pattern here.

Now I am not suggesting that all 27 members take up the Euro, we for one would not, neither am I suggesting that the 17 become a different country, although out of those two 'extreme' options the latter is the simplest, however, it must be clear now that it has to be handled differently to how it has been.

I think, although it is a bit radical, that the Euro should be restricted to the original 6 members, the other 11 should return to sov fiscal arrangements unless they can show [without cheating this time] that they can sustain the Euro to the same extent as the core 6 members.

Sunday, 3 June 2012

A little miffed

It's Sunday and I feel like a bit of R&R so I boot up the ole PC and choose a single player game to play, my choice.

It's created by a company who now uses Steam, because its using steam built in protection and steamworks features so if you have it on steam it needs to be on when you play. Fair enough.
I login into to Steam successfully and pass all their adverts which have no interest for me and start the game. I receive a message that this game is N/A please try later.

Excuse me!

Where does it say in the contract that I can only play a single player game when you decide its okay?

Why do we put up with this, because we have no law to support us...

Friday, 1 June 2012

Now it's Spain’s turn

The Euro crisis continues and the seventeen members look to be getting smaller.

We don't know yet whether any countries will end up leaving the Euro, however, We do know that quite a few investors are.

The ECB's latest balance of payments report shows there was a record 59.4bn euros net outflow of portfolio investment from the Euro zone in the first three months of 2012.

Of course, the numbers for individual countries are in even more shocking: yesterday we found out that nearly 100bn euros had fled the Spanish banking system in the first quarter.

On the one hand, yes the ECB can just print & print & print money to bail out wherever it is necessary, however, at some point it will come to an end, then what? Obviously the inevitable, the quantity of members will shrink back to the original six, and the countries that leave will have a tough time at first.

I suspect that Spanish holiday will suffer next adding to the turmoil.