Hindsight is a wonderful thing, and predictions not written down are easy to get right. However I recall quite a few years back wondering aloud to many people why the various factions in Northern Ireland were bothering as with the EU it’d all become moot anyway, as they’d just be regions of a greater EU state. I wasn’t that politically aware back then but with a single currency and European passports it seemed the logical end point, and once we were all just “Europeans” what would they be fighting for exactly?

Via Leg Iron and by way of Witterings from Witney it seems the Irish have now noticed that they have in fact given away 400 years of struggle for independence. The Irish Times asks if “this is what the men of 1916 died for“, as Archbishop Cranmer observed they didn’t even make it to the centenary of their independence. I wonder when or if the Irish people as a whole will realise fully what’s happened and what they’ll then do about it. They do after all have a recent history of causing trouble and have a bit of a reputation for their ability to cause mischief.

Closer to home back in the 90′s Margaret Thatcher appears to have been on the money as to the effect the Euro would have on weaker economies. So as the Irish state looses autonomy to the bankers of the EU, perhaps we still have time to ask questions about the state of our independence – after all we have Dave’s cast iron guarantee. Hopefully we’ll not be as quick to squander the sacrifice of generations to gain and keep our sovereignty and freedoms as our Irish brethren have been – or maybe the next episode of X-factor will let us all sleep walk into the waiting arms of the EU. Though as Douglas Carswell observes we may already be past that point as the Lisbon treaty already means we have no choice about helping to bail out the Irish – on terms decided by the EU.

Update: As every Leg Iron has a good take on matters

 

Via Captain Ranty a nice, simple risk free way to stick it to the bankers and smash the system. We all just need to withdraw all of our funds from the banks on the same day the 7th December, we can put it all back the very next day but just for one day leave nothing in the bank it will cause chaos and Eric Cantona is supporting it – what more reason do you need?

As Captain Ranty observers you don’t even need to take out all of your money, leave in enough to pay any bills due in the few days you’ve got your money out but don’t leave any excess capital in there. The whole banking system depends on never having to let the majority of us have our money at the same time – but they can’t refuse to let us have it if we demand it.

 

Via LegIron I came across this, which if true is terrifying. If you’re not even vaguely aware of what’s going on with mortgages in the US then be prepared for a hell of a shock. The bottom line of the article is:

Long story short (since this is the short version): A lot of the foreclosed properties might not have been foreclosed legally. The people evicted might still have a right to their old houses. The new buyers might not actually own the REO’s they bought off the banks. The banks could be on the hook for trillions of dollars, and in the sights of literally millions of lawsuits.

But go read the whole thing, this has the potential to send a hell of a shock back round the financial world and beyond, and the immediate question that sprang to my mind is to wonder how different things are over here and elsewhere. It wouldn’t surprise me if a similar situation lurks over here for as Captain Ranty often observes the laws have the same basis and you can’t just go round selling other people loans.

 

Obviously the big story at the moment is four ministers taking cash for access the defence of which was that that they were variously lying or should not be given credibility (Guido has a petiton). So that’s reassuring then we don’t need to worry about ministers offering to take cash for access as they’re either mad or lying (or possibly both) – but still fit to govern whilst exceeding the government’s recommended weekly alcohol limit (which is much cheaper to do in the subsidised bars in the houses of Parliament).

Whilst that’s been going on Gordon has re-announced plans to give us all high speed broadband (presumably still paid for by the extra tax imposed on having a land line). Which will at least make sure we can all get to the single central government website, which will allow them to lose out data and screw things up even faster than they currently do. If you can’t afford a computer don’t worry the government will give you one. In time no doubt you’ll need your ID card to be able access your personal government website – for your own security of course.

Whilst that’s going on not content with having nationalised several banks due to evil investment bankers, Darling is planning to spend another billion pounds of money we don’t have to set up a “green investment bank” – presumably to fund projects that are so unlikely to work that normal banks won’t touch them. No that we’ll have any investment banks soon as Mr Cameron is pledging to go ahead with a “banks levy” (presumably the same as the previously proposed “tobin tax”) even if the rest of the world doesn’t – which will no doubt see all those banks toddling off to those countries which haven’t been that stupid.

And finally in case you missed it those whacky MPs have been accidentally breaking the rules, by accepting cash payments to agree to claim higher rents on their expenses. But at least four Lib Dems were jolly good sports and dobbed themselves in for taking the cash.

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