The fallout from the crash of 2008 has only just begun

[malaise]

http://www.guardian.co.uk/commentisfree/2011/mar/09/fallout-2008-crash-oil-prices
<snip>
To listen to government ministers and boardroom barons, you'd think that the economic crisis that erupted in 2008 was as good as over. Recovery might be weak and choppy, they'd have us believe, but it's nevertheless under way. Cuts might be painful, they insist, but they're essential for a rebalanced economy – and anyway they're all the fault of the previous government.

As elsewhere, there is a determined attempt in Britain to restore the economic model so comprehensively discredited in the crash of 2008. But the evidence is piling up that the full impact of the crisis is only starting to make itself felt – and that both the economy and politics will be transformed before it has run its course.

Given that over half the Conservative party's funding now comes from bankers, hedge fund managers and private equity moguls, perhaps that's not so surprising. But, combined with a scale of brutal and counter-productive spending cuts only matched in Europe's basket cases, the result for the British economy has already been disastrous.

David Cameron's response has been to promise more deregulation and blame civil servants for "loading costs on to business". That will be the theme of this month's budget. It's got all the makings of a 1980s revival, complete with the Thatcherite favourites of increased VAT, deep cuts in the poorest areas and mass privatisation.
--------------
Same shit everywhere!!
Rise up people of the world!! Have you had enough!!

[Ichingcarpenter]

1. I just watched 'INSIDE JOB' on line no wonder it won

the Academy of Award

If you can see it do.... Yep it an't over yet
the film even spells that out too.

Corruption on the highest levels

[malaise]

2. The people will deal with them and the corrupt politicians

A new order is coming.

[Ichingcarpenter]

8. A Walk on the Dark Side

How Raytheon the missile maker and others made out like bandits
from the foreign policy journal



http://www.foreignpolicyjournal.com/2011/03/02/black-911-a-walk-on-the-dark-side-2/

[KILL THE WISE ONE]

4. just part of the class war - that we are not having ?

[KharmaTrain]

3. The Ugly Truth Is It Is Over For Some...

The market hit bottom two years ago and wiped out billions...much of it from the little guys who saw their small portfolios (usually hidden in some 401k they had no control over) get wiped out. Then came the government bailout that kept the banks and the economy going off the abyss...the DOW and the markets began to respond and within a year the market had recovered back to around 10,000. It was too late for the small player whose 401k got wiped out or the gambler who saw those double digit ponzi funds go bust, but for those who didn't panic and stayed in the market, their funds began to recover...and its continued to do so. For many, their losses of two year ago have been recouped and the real players are ahead of the game. Yes, to them this recession is history...people who also tend to live inside the beltway with six or seven or eight figure incomes who guage the economy by what their statements say each month.

If you're unfortunate not to have had a wadload before things went bust...well you'll just have to wait for propserity to "trickle down" once again...just wait for it...

:hi:

[CJCRANE]

5. BBC: "Millions of workers in the public sector should work longer for lower pensions"

Public service pension overhaul urged by Hutton report

Millions of workers in the public sector should work longer for lower pensions, a major report has said.

...

Dave Prentis, general secretary of the Unison union, said: "This will be just one more attack on innocent public sector workers who are being expected to pay the price of the deficit, while the bankers who caused it continue to enjoy bumper pay and bonuses."

...

http://www.bbc.co.uk/news/business-12687489

[malaise]

6. Neo-liberalism gone mad

after the model itself was discredited.
These fuckers are bat shit crazy. They will pay.

[Loge23]

7. The revolution is completed.

They have achieved their goal of ultimate power. They have vanquished the unions and most of the middle-class.
They run communications. They control the message.
Everything - from Social Security, to 401's, to home equity is theirs.

Now, how will they keep it?
How will they keep the people down?