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‘Fake it ’til you make it’ is no way to lead a Country and we are now on the brink of seeing our financial and economic system implode

August 9, 2021 Leave a comment

Politics has for a long time relied on the occurrence of unforeseen events to let blagging politicians get themselves off the hook for problems they created that would otherwise be exposed and visible for the whole world to see.

When Covid arrived on the political scene, the scramble to cover up and utilise the dubious promise of an umbrella to hide all previous sins appears to have been too good and opportunity for our political classes to miss. In fact, so much so, the chronology of events makes me wonder if Boris rubbed his hands together at the first emergency Cabinet Meeting and declared ‘ladies and gentlemen; go ahead, go and do your absolute worst’.

Ok. So, the reality might not have been quite like that. Let’s give them the benefit of the doubt here and say the response might not have been conscious or openly calculated at all.

The reason I say this, is because of how important it is to understand just how politics works in the minds of those who supposedly lead us. Especially when there is an entire Parliament full of MPs who should never have been elected and are incapable of really leading anyone. So, at the first sign of a crisis, they are inclined to reach out for any dead horse and flog it in the hope that it will work.

No, I realise that some of you reading this blog are convinced that there is a much more sinister plan at work that underpins everything during the Covid Pandemic that the Johnson Government has done. But we really do have a Government constructed of politicians who are so stupid, unread and inexperienced, that they will willingly embrace any philosophy or set of ideas that any overconfident SPAD or advisor confidently convinces them will work – that is, if they hadn’t found the same textbook first.

Oddly enough, the point I’m going to focus on here is not about the misuse of statistics and behavioural science to manipulate and coerce people to doing whatever or politicians so ruthlessly want. Enough has and will be said about that elsewhere.

No, the area of policy that I want to think about more clearly, is the financial remedies that our Chancellor Rishi Sunak invented. The printing of non-existent money to back the whole lockdown policy up. And the disastrous time bomb waiting to go off that has been building in size for decades but was turbocharged the moment that the Chancellor and the Johnson Government began its massive cash giveaway.

Contrary to the thoughts of many, the events of the past 18 months really are not isolated, other than there being the all-covering veil of a Viral Pandemic underway. The focus that Covid has been given created a cloud of fear and misdirection that has allowed an inept and irresponsible Government to hide or avoid many other troubling public policy issues as if they have simply been removed from the frame.

But money, the way it is created, legislated, revered and actually worshipped – like it is a god, isn’t just a problem making the rich even richer, whilst making life increasingly hard for the middle classes and poor. It is also the elixir of extended political life and longevity of power for gutless politicians with little or no wherewithal who believe there are no problems that cannot be solved if you just produce the public cheque book and don’t give a shit about the real cost.

In the decades up to the beginning of the Covid Pandemic, the recycling of this particular idea and the philosophy that underpins government economic thinking has been quite incredible. Based on flawed neoliberal thinking and the post 1971 FIAT money regime – where FIAT literally means ‘let it be done’, the bizarre approach to money and governance that ‘it will be this way because we say so’ has grown and grown in popularity with the political classes and has appeared to work effectively for 50 years. Incredibly, it even failing to be derailed when private banks that had been let loose from legislation as part of the same ‘free market’ thinking were bailed out with public money following the 2008 Financial Crisis – simply because politicians are so invested in the idea that the system cannot fail and therefore must be ‘helped’ to work.

To anyone who takes these things completely at face value – as the political classes have done – and says to themselves ‘it worked for 50 years, so it cannot possibly go wrong’, there clearly was no limit to what solutions could be conjured up in a crisis and sold publicly as beneficial to all. Whereas what politicians have really been doing with all this invented money – and particularly since the Pandemic began – is place massive bets on everything coming right if enough money is thrown at the problem for long enough. They literally believe that what they are saying, rather than what they are doing, will ultimately prove to be the truth, by faking it until they make it be so.

The money that the Government has been using to prop up non-existent jobs through a continually extended furlough scheme; the money it has used to underwritten crippling loans to businesses that will never be able to afford them, and the money it is now fire hosing at every public policy it thinks will get it out of trouble and win votes is all created – just like successive governments have been doing for decades before.

The money they are using simply doesn’t exist. Yet the politicians are so drunk from drinking at this poisoned well, all they can think of doing is printing even more.

Yes, there really is a philosophy behind all of this that the economists and academics that our politicians listen to insist really works.

You may even be thinking that if this is all true, what is the problem if it works?

The problem is that it doesn’t. It is imagination, dreamworlds and a visit to fantasy land writ large.

Whilst it is certainly true to say that neoliberalism has worked out well over 50 years for the few, it really hasn’t been working out very well for the majority of people. And if the economy were to be viewed as an engine – as it very often is, then just like keeping your foot down on a red-lining engine might see it keep going for longer than expected, the question is always when, not if the engine will blow, and when it does, it will be the whole vehicle that breaks.

Rishi Sunak, Boris Johnson, this Government and the whole Parliament that has enabled them, have literally gone too far with a very dangerous approach to money and economics. One that may have been good whilst it lasted but is about to blow up and create a financial disaster of such epic proportions that not even the WEF are going to know how to pick up and rebuild the pieces so that they can press ‘restart’.

The public debt that is a real legacy of the Johnson era is simply too big for all of us to be expected to pay off this time. No amount of clever accounting and rebranding in terms of future GDP or other ways of calculating national economic output will make this ridiculous level of debt go away.

And Boris & Co. haven’t even done this on their own. Governments right the way around the world have been doing exactly the same things for all this time and have also gone into overdrive to finance an overkill response to a flu-like virus that was never necessary, could and should have been handled very differently and has now made it inevitable that we cannot go on as we have been.

We must rethink everything. And for us to get there, we are about to experience an incredible period of financially derived pain.

If you take the time and watch all the media available to you closely, the signs of what is coming are already beginning to unfold. But they are being covered by the mainstream media only in isolation – that is if they are even being covered by them at all.

The USA economy and the US Dollar’s collapse as the World’s Reserve Currency are looking increasingly likely to be the point where this dreamt up system can no longer function and the whole economic system explodes.

But that’s not to say that it couldn’t all kick off in the UK first. And stories like energy price hikes this autumn that they are that massive financial upheaval for us all is queued up and is about to start.

The biggest problem that we face today, isn’t finding a way to take a foot off the gas and calm the engine. Johnson and all of his chums have already driven the vehicle to the point of destruction and the momentum their policies have created will take this all over the point which was too far.

The problem we have is that when the engine blows, the wheels fall off and everything crashes – as we can now be almost certain that it will, we will still have the same politicians or politicians who will behave just like them left in charge.

The emperor has no clothes. You’ve seen what Boris and this whole sorry excuse for a Parliament did with their response to Covid. Just wait until the real trouble starts.

If you are worried about WEF taking control, why passively help them when you could be working to stop them and remove any Government stooges they might have?

We are living through and experiencing highly emotive times. Many of us are looking for explanations and even causes to blame for all the things that we are having to deal with.

In these circumstances it becomes a little more easy than it should to give credibility to the most obvious explanations, when we might help ourselvesand what we may see as our cause, by stepping back and having a look at the explanations that we may have overlooked. It’s worth doing, because conditioning or what we have learned to consider normal has given us a default understanding of certain things, leaving us with no discernible choice.

The way that the Covid Pandemic, or rather the Government handling of it has all rolled out, has been pernicious from the beginning. The effects of the decisions they have taken have been increasingly harder to deal with as it has become clear to many of us that policy is being enacted not through necessity, but because of what appears to be a political choice.

We grow up with what feels like a pre-programmed respect and deference for People in positions of responsibility, whether they are a GP, Dentist, Community Leader, Councillor or an MP. So when it comes to the Government and living through a time of national crisis that we today know as the Covid Pandemic, it is very easy to believe and even feel confident that there is genuine and thought out purpose to everything that those leading the Country do.

As the months have passed, what were coincidental mutterings about a ‘Great Reset’ coming from the World Economic Forum (WEF) at the start, picked up considerable credibility as an explanation for what was happening. Especially when the Johnson Government’s ardent misuse of Behavioural Science to control and manipulate everyone became very clear. And then the goalposts that Boris and his Ministers insisted were set in stone over vaccinations and data monitoring began to more at just about every turn.

I refer to this unhelpful intervention by the proponents of an exclusive club for people who think they are better and know better than anyone as a coincidence, because that really is all it need ever be.

Like most political conjecture wrapped up and sold as a policy proposal or plan, there is nothing so certain as the uncertainty of a successful outcome, and you can be sure that politicians and people with a public platform who know what they are doing will get in the way, if there is a way that they can.

Right now, because of their behaviour and commitment to very questionable ideas like Vaccine Passports and how it could lead to extensive personal data monitoring, it is very easy to believe that Boris and the ambitious zealots surrounding him are and have always been committed to a much bigger idea or ‘thing’. A thing that could easily be a ‘new world order’ along the impractically idealistic lines that the WEF suggest.

For the sake of argument at this point of my blog, let’s say that there really is a grand conspiracy and that the WEF leadership either created and spread Covid or used the opportunity it presents to take over the World. Doing so under the veil of protecting us and therefore making the whole thing resemble the creation of tyranny – all ushered in voluntarily, with our collective consent and therefore by choice – by the back door.

To do this, they would have to rely on us all being completely asleep and doing nothing to stop them. We would literally have to proactively fail to take any opportunity that we have to change the direction of the UK, so that we don’t arrive where they want us to be without even realising we had acquiesced and effectively made the passive choice to be where they wanted us to be.

If all of this is real – as I know many people genuinely believe it to be, it is very important to understand that attacks on those we blame on social media, public demonstrations and belittling anyone that we perceive to be against us is not helping our cause in any way. But it is playing right into their hands.

For better or for worse, we do have the benefit of a political system in place. For as long as that political system is still functioning, we have to let go of the arguments over who or what is right and making others wrong. We must remember that there are rules – or even a game to be played – that has to take place within an ecosystem that has rules that may seem archaic – but are nonetheless there. And that despite the heavy-handed and controlling way that the Government has been and still is behaving towards us, we do have a very meaningful choice.

The choice that we have – and it’s a good one – is to step up and do something constructive and proactive, rather than shouting and screaming in fear of what we think is coming, all because the government has pulled out a metaphorical gun.

No. I understand that talking to others online on social media, sharing our collective pain and then getting on a bus to march the Streets of London make us feel like we are doing something. But as soon as each of these acts of ‘defiance’ is over, we look up, we look back, we see that everything remains exactly the same. It’s just a different day.

This is how it will be again and again – not because we do not mean it. But because we are collectively failing to engage effectively and meaningfully with all the things that we must. That is of course, if we want to head off the looming disaster and ongoing enslavement that we are scared of and can accept that to change what others do, it is first necessary that we ourselves make a change.

Whether Boris the buffoon is just a puppet for a very sinister master, or the very stupid, ambitious and self-serving incompetent as I most respectfully believe him to be, making the choice that I am suggesting here will deal with either the WEF plan or remove this rancid political culture – irrespective of which future we are confident it is most likely to be.

The choice that we must make to take back control of our lives and put government and public services into the hands of people who actually care, is to look at all this in a different way, to think and believe that we are the political alternative to all of this. We must prepare to fight the next General Election together as that political alternative, and we must do everything necessary to build a grassroots-up rather than top-looking-down political movement that works for and embraces everyone, never questioning our ability to turn out when that Election is called and win.

If your car breaks, you take it to a mechanic. It’s vital to apply this practicality to winning a political fight too.

Having numerous well-meaning journalists, celebrities and other public figures heading up different movements that are developing in deceptively big echo chambers online may be resulting in lots of followers and a feeling that something is happening. But the egos, different personal agendas and failure to engage and work with others – ‘because they know better than anyone else’ is a guarantee that whatever they do independently will suffer from a failure to launch. It will mean that WEF and Boris (or others) as the perpetual world kings will remain our only choice.

Together, we must coalesce around a new movement. One that really does turn the concept that is todays British Political System on its head.

We need to build an organisation that generates its hope, purpose, momentum and strategies from the centre of each and every community, not just from an office in Westminster where real people have no influence, no power and therefor no choice.

This can all be done much more easily than you might think. It just takes the commitment that you might already be showing to bring truth and light to all of this darkness the Government is creating. You can use and contribute your energy and channel it into talking up, taking part and supporting this new movement for change in every way you possibly can. A serious and inclusive political movement that is something new, something good and something that has you, the people you care about and the communities you love, right at its heart.

PLEASE look beyond your anger with the Johnson Government. It is justified and it is very real. But it can be put to a much better use. A use that will help us all to deal with the fallout that the Johnson Government and many Governments before this one have caused. But above all, it will give us back the power of choice.

A New Party For All. Are you ready to make that call and start right here?

Best wishes to all.

#anewpartyforall

No Rishi: You and Your Party created this unmanageable National Debt. It’s time for YOU to own it and live up to the responsibility you coveted before more lives and businesses are needlessly destroyed on a whim

June 22, 2021 1 comment

If you believe that the Johnson Government has handled the COVID pandemic in the best way it was possible for anyone to do so, please Please PLEASE think again.

No, I’m not laying out a stall to argue the merits or the wrongs of Lockdowns, social distancing, vaccinations for everyone or zero-COVID as an impractically myopic cause. All of the questions that exist covering the unnecessary whys will continue to grow in number and the answers will most likely be provided as the consequences unravel around us all over time.

With talk and media attention now refocusing and pointing towards tax rises and the public policy changes that might begin to tackle the phenomenal National Debt created by the Johnson Government, it is becoming increasingly important for people to know and understand that even if lockdowns, social distancing and population-wide vaccination were the only way to tackle COVID, the people who have been unable to work and the businesses that closed or had significant loss in turnover, could have been supported in a much simpler, more intelligent and more considered approach. One that would have been equitable and fair to everyone, but above all would not have created either the level of National Debt or the otherwise unimaginable situation where workers furloughed on ‘free money’ understandably have no desire to return to doing the work the Johnson Government has been paying them not to do.

At a time of national crisis, we have a right to expect that the people we elect to make decisions and act on our behalf will do so in the best interests of everyone – not just themselves.

People who have attained and actively coveted the level of responsibly that not only Ministers but all MPs have, should either possess the experience or understanding to reach high level decisions, or know how to bring all of the right people and different interests together so that all of the pertinent information is made available to them and solutions can quickly and efficiently be put together that will be beneficial to all whilst working in the best interests of everyone.

What we got when the Johnson Government response to the COVID pandemic kicked off in March 2020, was a ‘pic n mix’ or ‘pin the tail on the donkey’ approach. We have a Prime Minister and Chancellor who were simply not up to the task and were driven not only by their own self-interest and fear, but also that of the civil servants and advisors surrounding them. The net result was that with both eyes on legacies and the result of the next election, our so-called leaders simply picked up and ran with the most obvious solutions that worked for them, rather than first working the consequences for everyone else through.

They then backed this travesty of absent leadership with a dangerous narrative that even now they refuse to step back from. One that has destroyed lives and livelihoods without any reason at every step along the way.

In response to the financial and economic issues created directly by the lockdowns they chose to impose; the Government should have imposed a parallel and universal shutdown of the monetary or economic system. One where people and businesses that suddenly found that they were unable to service bills and expenditure through no fault of their own, would have no obligation to make debt payments or meet service charges for anything non-essential that they were not using for as long as needed – with Government stepping in to underwrite the cost and provision of services that are essential for life.

The only need for direct financial subsidy for ANYONE either without or with a reduced income would then have been the weekly cost for an individual and their dependents to be fed and for their basic needs to be met. A figure substantially less than the free cash payments that have now been made and already add up to £60 Billion in Furlough payments alone.

Those key workers able to continue working on the frontline to provide products and services that are essential and are for the benefit of all would have had the de factobonus of a payment holiday on all of the big living costs such as rent, car payments or mortgages. This would have been a very fair and equitable way to reward those continuing to work throughout the pandemic without favour and give them a proportionate and timely thank you for all they have done.

The impact and consequences of the choices that the Johnson Government made, are already far-reaching indeed. It just doesn’t appear to be that way as lack of meaningful media coverage means the real-life disasters that are already unfolding don’t sell news and will not see the light of day.

The impact and scope of the problems that eighteen months of lockdowns have caused at individual, community and social levels, came about through a complete lack of consideration for the consequences of the financial measures that the Chancellor imposed upon UK businesses. Such measures and the decision-making processes that underpinned them could only have come about as either the result of a mixture of stupidity and complete ignorance or by deliberate, malignant design. Neither demonstrate an acceptable way for a democratic UK Government to perform and raise many questions about the quality and suitability of the politicians we have.

To say or believe that nobody else could have done a better job or have done anything differently simply isn’t true.

Many were aware, right from the beginning that the choices being made by Government were flawed, based entirely on the wrong motivation and ideas, and that there were alternative ways to handle all of the problems that Covid created, rather than the approach that Johnson and Sunak have taken, facilitated by a Parliament full of MPs who should have understood what was going on and intervened much earlier on.

The size and magnitude of the problem the Johnson Government has created is so big and so far reaching that the consequences have not even hit many of us yet.

Without us being aware, much is already changing economically behind the scenes and the inevitable ‘new normal’ is yet to come. It will not look like anything we have seen in living memory before.

Some are already suggesting that financial burden of the Johnson Government’s handling of COVID will be placed in the hands of future generations, many of whom have yet to be born.

But the debt that is still being ratcheted up is so big that when the impact and consequences of what these unwitting totalitarians have done have been fully manifested, it will become painfully apparent that the economic system as we know it is done.

The way of doing things economically, financially and with money as we have been – whether consciously or not – can no longer go on and will cease to exist.

The UK might have been better positioned to weather the coming storm and deal with the fallout from what will be the significant financial and economic crisis that the Johnson Government has wilfully engineered, had it not been the case that governments around the World have acted in very similar ways.

The behaviour of our supposedly skilled worldwide leadership has given credence to the very strange and dangerous philosophy inappropriately named the Great Reset by the World Economic Forum – a wholly quixotic and dangerously impractical set of proposals that will only become prescient if people continue to behave and respond like the whole thing is a done deal.

Trying to explain the unexplainable to so many frustrated, bewildered and disenfranchised people who are now looking for answers – as less and less of what the Johnson Government does appears to make sense, leaves many vulnerable to the influence of conspiracies. The idea that there is some great plan at work to enslave society and put us all under the yoke of some Orwellian regime only becomes the dystopian nightmare we fear if we make that idea real.  

In truth, many of the things that Ministers are publicly saying and doing are fuelling this myth. Yet the truth is far more mundane.

Politics in the UK has become the preserve of the ambitious and of those seeking glory who have no care nor consideration for anyone but themselves.

Politicians have become self-styled wordsmiths and the manipulators of truth. They have reached far into the dark art of behavioural science to terrify and control normal people, whilst telling us that they are our saviours and that they and only they are the ones to get things done.

Real people, in an increasing number – if not already a majority – are now in the position where they cannot afford the lives that they already have.

Burdening us all with an horrific level of National Debt that we simply do not possess the means to service without further sacrifices that we cannot afford demonstrates a level of detachment from real life and day-to-day reality on the part of the political classes that is at best breath-taking and at worst borderline criminal to say the least.

The UK was already heading for massive financial problems before the COVID pandemic arrived. Modern Monetary Theory (MMT) and Neoliberal Policy has been the cause of much of the financial inequality that already exists across society.

Such theories are treated like they are a saviour by Rishi Sunak and his Advisors. Yet the impact of a philosophy or set of ideas that suggest the markets will look after everything if they are allowed to function on their own with minimal regulation would be a wholly inappropriate and misguided approach to managing the affairs of a country in peacetime. It is certainly not the way to lead us through any kind of national crisis and certainly not for fighting any kind of war – as tackling the Covid pandemic has been likened to by those seeking to big up their leadership credentials and prowess.

The real reset, reboot, redrawing or revaluation of everything that has become necessary is not one that self-serving, self-absorbed politicians and ambitious would-be leaders who have no respect for others can control. Even if for a period of time it looks and feels like they can.

The financial system that we have and the ideas that underpin it are completely broken. The Johnson Government’s mishandling of the financial response to the COVID pandemic has speeded up its destruction. Their actions are now shedding light onto just how poor and damaging the consequences for everyone are from a system that champions and promotes financial interests and profit above all else.

Money has no intrinsic value. It is a unit of exchange, nothing more. It is certainly not a thing, nor the ‘god’ that its use as a reference point for the value of everything suggests that it has now become.

If money were real, governments would not be able to print it or produce it in the quantities that they have done over the last 18 months – seemingly without consequence. Yet we are seeing money appear out of thin air.

Everything will have to be revalued, but not just in financial terms. It must be for the benefit of everyone and certainly not the same old few.

There is an ethical or moral deficit present within the whole of government and the financial system that itself needs to be completely and comprehensively reset. We can no longer continue on a pathway where those in power at any level within politics or business make decisions and act not because they have questioned whether it is right or wrong to do so, but simply because they can, and it serves their purpose to do so.

Indeed it is ironic that the actions of many businesses to now push up prices post lockdown to ‘make up for what they have lost’ – not because they should, but because they can – could easily prove to become the inflationary catalyst that will bring the whole house of cards down.

The decisions that must be taken to achieve the change that will address the massive societal and systemic imbalances on our behalf will be the responsibility of the Government, the Ministers, the MPs or whoever leads and runs this Country when that time comes.

However, it would be better for us all if the decisions were taken now and before any more damage is done. That way, many of the additional problems that normal people are going to needlessly face can be prevented before they even begin.

This would certainly require Rishi Sunak to choose to own his decisions now, rather than offload them or project them onto a public suffering with crippling financial fatigue.

As this class of politicians is responsible for creating many of the problems that we face, it is only fair to expect them to step up and fulfil the requirements of the responsibility that comes with the jobs they wanted, before inaction and ineptitude causes more damage than our society can sustain.

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