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Messages - Nigel

#76
I will take a few hundred of these.. but the address at the bottom is a bit.. um, irrelevant to anywhere except Oz :D Is that adjustable? Even just have the website at the bottom?
#77
One of the great things about this book is the fact that we can reference it absolutely.
What did he say in 1972? And what has happened since then?
How has the world changed around us, and how have we (as in the general population of White people) changed?

Have we learned more of nature's secrets? And what have these revealed to us?
These are fundamental questions that we need to understand and explore, as these are the kind of questions are 'indoctrinated by the jewbox' kindred will ask of us.
#78
I just read an article on the BBC about the 'crisis' the Government has, as a part of the Euro fiscal nightmare, and thought it worth reprinting it here.. Without saying it, it perfectly shows how the hookneb works...

QuoteItaly is moving to centre stage in the eurozone debt crisis.

While Greece has generated a lot of noise, it is increasingly seen as a sideshow.

Greece's debt problems are already widely known and the immediate consequences of a Greek default largely anticipated.

Moreover, the size of the Greek economy is small enough that the direct damage if Greece stopped paying its debts should be quite manageable for the eurozone.

Instead, the big fear is "contagion" - that a Greek default could trigger a financial catastrophe for other, much bigger economies.

That is why European leaders announced in October a significant expansion of its bailout fund, the European Financial and Stability Facility (EFSF).

And it seems it is Italy that is now seen as the lead candidate for that contagion among Europe's big economies and the main possible beneficiary of the enhanced bailout fund.

Why is that?

Prudent Italy?

According to Germany's Chancellor, Angela Merkel, "Italy has great economic strength, but Italy does also have a very high level of debt and that has to be reduced in a credible way in the years ahead."

As with Greece, she and other eurozone leaders believe the solution is more government austerity - spending cuts and tax rises - by Rome.

However, some economists might disagree with her assessment.

The Italian government's debt, at 118% of GDP (annual economic output) is certainly high, even by European standards.

But dig a little deeper, and the picture changes.

Unlike their counterparts in Spain or the Irish Republic, ordinary Italians have not run up huge mortgages, and generally have very little debt.

That means that according to the Bank of International Settlements Italy as a country - not just a government - is not actually terribly indebted compared with other big economies such as France, Canada or the UK.

Moreover, the large debts of the Italian government are nothing new. It has got by just fine with a debt ratio over 100% of its GDP ever since 1991.

The main reason is because - unlike Greece - Italy is actually quite financially prudent.

The government spends less on providing public services and benefits to its people than it earns in taxes, and has been doing so every year since 1992, except for the recession year of 2009.

Indeed, the only reason Italy continues to borrow at all is to meet the principal and interest payments on its existing debts.

Grim outlook


So why is Italy in trouble now?

The reason is because its economy is so weak.

Italy is plagued by poor regulation, vested business interests, an ageing population, and weak investment, all of which have conspired to limit the country's ability to increase production.

The country has averaged an abysmal 0.75% annual economic growth rate over the past 15 years.

That is much lower than the rate of interest it pays on its debts.

And this creates a risk that the government's debt load could grow more quickly than the Italian economy's capacity to support it.

In the past, this risk has not materialised, thanks to Italy's relatively high inflation rate, which has steadily pushed up the government's tax revenues.

But now the outlook is much more grim.

Self-fulfilling prophecy

Like other southern European economies, Italian wage levels rose too quickly during the good years, and left Italy uncompetitive versus Germany and other northern economies within the eurozone.

How does the eurozone bailout plan, the European Financial Stability Facility, actually work?

That lack of competitiveness is likely to mean many years of even weaker growth and low inflation, as Italian workers find their pay is frozen, or even cut, until they regain a price advantage over German workers.

But lower growth and inflation suddenly make the Italian government's debt load look much less sustainable.

Further government spending cuts are likely to hurt the economy even more, and - as Greece is discovering - may not even do much to improve the government's borrowing needs if they lead to a sharp rise in unemployment.

That scary outlook has freaked out markets, and lenders are demanding a much higher interest rate from Italy in order to lend it the new money it needs to repay its old debts as they come due.

To borrow money for just one year, Italy now has to pay an interest rate of 6.05%. Germany, by contrast, must pay only 0.25%.

But of course this higher cost of borrowing makes Italy's debts look even less sustainable.

That means the market's loss of confidence in Italy could well end up becoming a self-fulfilling prophecy.

If nobody will lend to Italy, then Italy cannot repay its debts. And if Italy cannot repay its debts, then nobody will lend to it.

And if markets do panic and switch their money out of Italian debt into "safe" German debt, Italy would need an enormous bailout that would dwarf the original 440bn-euro EFSF, agreed in July.

Much of this fund had already been earmarked to support Greek government spending.

Insurance

The new deal is designed to prevent this scenario.

European leaders have agreed to expand the EFSF to, in effect, insure lending to countries such as Italy up to a value of about 1tn euros - three or four times what was available before.

The hope is that this will also reduce the cost of Italy's borrowing and so make it easier for the country to pay back its debts without drawing on the facility's insurance.

But the deal comes with caveats - Italy is expected to implement a new round of austerity measures to ensure its debts stay under control.

It is not clear that the coalition government - led by Silvio Berlusconi - is able to implement further cuts.

Furthermore, if the economy then fails to grow - as happened in Greece - and Italy looks even less able to pay back its debts, investors may ask who will ultimately pay for insuring them.

October's deal did not go into details on how the expansion of the lending facility would ultimately be funded.

http://www.bbc.co.uk/news/business-15429057
#79
General Jabber / Re: Manowar
Wed 09 Nov 2011
Quote from: Rev.Cambeul.PM on Fri 25 Dec 2009
Listening to Manowar yesterday, I found them to have the same music and singing style as Judas Priest. If it wasn't for the lyrics themselves being totally different from the average Judas Priest song, I would have thought it was Judas Priest.

Pontifex Cambeul.

I always thought they had a smiliar style and sound to Iron Maiden (Or perhaps the other way round?), but Maiden and Manowar would be up there with some of my favourite bands..
#80
I, like yourself, am quite disturbed at this open turn of events (for it has been talked about for ages now). As a former soldier, fairly familiar with that part of the world, I see this for what it is.
Another chance for the hooknebs, that own all the military supplies etc to get a boost to their profits, and put to bed a threat to their own stolen piece of land.

When the last war in Iraq was being ratcheted up, there was a massive protest, hijacked early by the reds, and so ignored by many. I myself, like many a young soldier, was all for it.. wanted a taste of blood and metal under our wings.
After 2 months, we soon changed our minds, and longed for the time we got home to clear our nostrils and throats from those same tastes and smells we thought we wanted.
A lot of us quickly caught on to what was happening, and quite a few put their papers in to leave as soon as we were back home. We did our jobs and did it well, and even a small group of us was vastly superior to anything they could throw back at us (never mind a whole battalion!). However, I digress..

This up and coming conflict will not go down lightly, and I personally will be going 'against the grain' in protest.. as I hope a lot of others like me will. If there are enough of us, then groups of people will hopefully awaken to what is actually happening, and be open to our teachings. It will be a marathon, but I reckon I'm fit enough..
 
 
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