1325 [0955] Hrs GMT London Friday 27 March 2009:
KHOODEELAAR! TOLD UK Gordon BROWN SO! That the stunt for Big Business agenda-setters craving UK public money under covers of Crossrail that he had aided Ken Livingstone to stage at a location in ‘the Canary Wharf’ was sure to come back to haunt him..
We told Brown this in October 2007. We again told him the same in April 2008. On BOTH those occasions, Brown was appeasing Livingstone. We diagnosed Brown’s ‘reason’ for appeasing Livingstone as being linked with Brown’s concern for ’stability’ [remember that word - in the vocabulary that Brown is fond of using] in the face of Livingstone’s sub-racist manouvres and propaganda against the collective Scotland ‘gravy train’ ‘at the expense’ of London…
We told Brown that he should ignore Livingstone and spell out the truth on the economy. And on the ‘Union’. And on the true state of society in London that Livingstone had corrupted into the poor state it was in.
And it still is in… Brown failed to pay heed to our advice. Instead, Brown persisted in indulging Livingstone and as a part of that ’strategy’ of ignorance, he praised Canary Wharf, too.. To the skies. In the state of fantasy that Brown was in, he cared little for sense or substance, so long as he got to pose with Ken Livingstone..
Livingstone had become ‘the real source of Brown’s problems within the Blairing environment’. Brown had to keep Livingstone ‘happy’…
Brown was wrong on that. He in fact bought Livingstone’s propaganda on himself and so Brown caved in. He committed to find £Billions of public money to fund the Big Business CRASSrail that Livingstone was touting for as part of HIS pact with Big Business agenda-pushers and their stooges and tools in the City of London…
For his part, Livingstone got the ‘BIG DEAL’ that he could then dangle all over the place as part of his ’re-election’ bid….’In appeasing Ken Livingstone and in prioritising Livingstone’s egotistic demands above listening to those who spoke sense about London - including Rod Eddington -
Brown confounded his problems. For he also praised the City of London.
KHOODEELAAR! TOLD BROWN that ALL three tokens of his praise were heading for the holes of their own making..Ken Livingstone, Canary Wharf and City of London… We advised Brown to avoid a hole that he would be sinking in too.. We said to him to scrap the Crossrail hole agenda and avoid the big hole….
Brown paid no attention….
KHOODEELAAR! No to “Big Business Crossrail hole scam” CAMPAIGN TOLD BROWN SO! In saying this again today, Friday 27 March 2009, we also note the fact that Canary Wharf ‘the company’ as ‘different’ from the ‘place’ is admitting that it is in a £multiBillion hole of its own…
We note that Brown has not spoken a single sentence of praise for the City of London for months… that Ken Livingstone has totally relapsed into a state of infantile irresponsibility that now threatens to dwarf some of his most callous acts of the past 40 years of careeristic misdemeanours in the name of the people of London….Livingstone has just publicly confirmed that he does not care for ethics or morality, let alone accountability..
He will say and do anything at all to get back to t he d ays of glory and power… in the name of the people of London no matter how damaging his behaviour in office has been for the cause of the people of London…
Livingstone has AGAIN threatened to stand as an ‘independent’ candidate for the same post… We have news for Livingstone: It may be that the ‘powers’ and the PURSE that go with the ‘mayor of London’ [the pair of 'mates' that Livingstone really misses and has been experiencing the most pain as he battles with the withdrawal symptoms] may themselves come to be withdrawn or may vanish…..
You have read it here first…We say a small word of advice to Boris Johnson: Scrap Crossrail lunacy and quit talking irresponsibly……
[To be continued]
OMEFINANCE
ECONOMICS
UK economy slows sharper than expected as construction slumps
Britain's economy slowed even more sharply than expected in the last three months of 2008 as construction output plunged, official data showed on Friday.
By Telegraph Staff
Last Updated: 12:18PM GMT 27 Mar 2009
GDP contracted by 1.6pc in the fourth quarter of 2008, revised down from a contraction of 1.5pc, the Office for National Statistics reported. The quarterly fall of 1.6pc was the sharpest decline since 1980.
Construction output tumbled 4.9pc over the quarter, revised down from a fall of 1.1pc. The ONS said this was due to survey data replacing a forecast.
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The decline is the biggest quarterly fall in construction output since the fourth quarter on 1980.
Output of the production industries fell 4.5pc compared with a fall of 1.8pc in the previous quarter, driven by the marked decline in manufacturing output.
Cuts in interest rates and a general reluctance to spend as the recession deepens saw the household saving ratio jump to 4.8pc between October and December, the highest since the start of 2006, from 1.7pc in the previous quarter.
There was also evidence that firms ran down inventories even more aggressively that previously thought - by more than £4bn after a build-up of £1bn in Q3.
Britain is mired in recession for the first time since 1991. The generally-used technical definition of a recession is two quarters running of negative economic growth.
On an annual basis, British GDP sank by 2pc during the fourth quarter compared with the October-December period in 2007. The ONS had originally estimated contraction of 1.9pc.
The ONS also confirmed that the economy grew by 0.7pc in 2008, the slowest annual rate since 1992 and a dramatic slowdown after 3pc expansion in 2007.
Separate figures showed Britain's current account deficit narrowed to £7.641bn in the fourth quarter of 2008 from an upwardly revised deficit of £8.162bn in the third quarter.
Sterling fell against the euro on Friday as it continued to suffer the fallout from Thursday's weak retail sales figures. High street sales plunged by 1.9pc during February, taking annual growth down to just 0.4 percent, its weakest since 1995
Following that theme, John Lewis - the department store group whose sales are often seen as a barometer of British retail spending - reported on Friday sales dropped by 12.6pc in the week to March 21.
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