My favorite monarch is having financial difficulties. Her Nogoodnik son, the former Prince of Wales (no longer in the long line to the Throne) spent well over a million pounds, pounding the pavements, touring the world, first class. Also, Her Mad Hatter Majesty needs lots more money to update her many palaces. Meanwhile, the economy in Britain is collapsing. Oh my. Still, can’t starve the parasites who pretend to be ‘royals’.
First, the very bad news for the British subjects who are taxed so they can support a family of leeches:
Normally, when times are bad, everyone has to suffer. Except if one is a Sovereign. Sovereigns are the ones who created the term, ‘Sovereign Wealth’ and none are older, longer at doing this and more relentless about it than the British Royals. Once upon a time, they had to kill lots and lots of people in order to have an Empire. This empire was immense, the sun never set on it. Now, the sun has set and the moon is preparing to set, too.
The rump empire is collapsing. A bunch of tiny pirate islands who are protected by the Crown were used to run raids on international banking and evade taxes. These, in turn, utterly destroyed global finances. They still swear fealty to the gangsters who run the British Crown. Most sane countries got rid of their royal parasites. But not Saudi Arabia, for example. Ripe for revolution, I may add. Nepal recently dumped their lousy lords! Why can’t Britain?
The British royals live as if they ran an immense empire. The British Isles just saw Scotland’s finances go belly up. Ireland is on the ropes. Wales is not far behind, obviously. Britain runs an immense trade deficit per capita and has an immense public debt which the people of Britain, not the Queen, has to pay for. Instead of facing reality, the Queen thinks she ought to live like her lazy ancestors. The British royal lifestyle enjoyed today is a relic of when Queen Victoria literally lorded over the entire planet. I would suggest the Queen be downsized. Perhaps, a la Marie Antoinette.
Prices in the 16-nation zone fell 0.1% in the past year, Eurostat said. The inflation rate had been 0% in May.
Inflation in the eurozone has been dragged down by lower energy and food prices, and by falling demand for goods from companies and households…
“At this stage, we expect negative inflation rates for the next six months or so. With factory gate prices falling, wage growth likely to slow sharply and a big amount of spare capacity in the economy, core inflation will decelerate considerably.”
All of Europe is in the same boat. We are definitely in the Great Depression II. So long as fuel prices remain fairly low, we will get deflation. If, on the other hand, the US and UK and Israel manage to foist a war on Iran, expect world oil prices to shoot to the moon. England is an oil pumping nation but not an exporter of significant amounts of oil. So the UK doesn’t care if world oil prices climb suddenly. The US is a major net importer so we get hammered. I will note that as of today, the US media is OK with a military coup in Honduras. So much for ‘democracy’. I knew all the hysteria about Iran’s elections was totally fake.
Jack Straw, Justice Secretary, moved the second reading of the Parliamentary Standards Bill which has, unusually, been planned through all of its parliamentary stages with report and third reading due on 1 July. Usually a Bill is scheduled only one stage ahead.
- Commons Hansard: Parliamentary Standards Bill
- Audio and video: Parliamentary Standards Bill
- Bills before Parliament: Parliamentary Standards Bill
- Justice Committee looks at privilege aspects of Parliamentary Standards Bill
- Topical issues: Members of Parliament
The Bill will:
- establish a body corporate known as the Independent Parliamentary Standards Authority and an officer known as the Commissioner for Parliamentary Investigations, and
- make provision relating to salaries and allowances for Members of the House of Commons and to their financial interests and conduct.
The financial scandals enveloping Parliament is all rather silly. This is classic worry about nickel and dime stuff while ignoring the gold plated scandals. This is, of course, the immense amount of money spent on shuffling the British Royals all over kingdom come, just so they can say, ‘Oh my, rather, yes, quite, I say, ah, thank you very much,’ etc. They could contract out to Madame Tussauds to have wax figurines shipped out to various locales.
I have a neat idea! Parliament could contract with the Japanese to have a family of robots built that look like these mechanical wind up royals and no one would know the difference. At least the British could save money by parking these in a safe spot between public appearances. Copies could be made and installed all over the place to shake hands and chirp various stock phrases as I listed above. The savings in just one year alone will pay for all the duck houses in England. Time is running out. The Queen wants MORE money NOW. So Parliament should begin discussions about going modern and getting rid of these leeches.
Key projects facing at least a 10-year wait include the 13 million pounds renewal of lead and slate roofs at Buckingham Palace and Windsor Castle, and the 4.5 million pound refurbishment of state rooms at both properties.
Also facing a decade of delays are replacements to the palace’s heating and electricity services, as well as the replacement of aging cast iron and lead Victorian water mains at the castle.
If this robotic queen was replaced with a Japanese robot, there would be no need to replace all the old plumbing and wiring. The palaces would be used only for state functions or pay for themselves by being opened up as museums like The State Hermitage Museum, St. Petersburg, Russia. Germany got rid of its Kaisers in 1919. France sort of did it in the French Revolution and then did it a second time in the mid-19th century and I hope they learned from that event to not do it again. We got rid of royals here back in 1776.
Maybe we should replace our Presidents with Japanese robots. Foreigners own our Presidents, anyway. The Bilderberg gang can program in all the speeches once a decade.
HAHAHAHA…I wish I had nearly a million dollars to run a web page! As for the other business: gads. Stop it! In ancient times, royal progresses were for mainly one purpose: to spread the pain. If the royals sat in one spot too long, they drained all the resources and ate everything so they had to keep mobile to keep from destroying a place. They were literally a plague of locusts. Queen Elizabeth I made a big thing about all this: she hated spending her own revenues so she ‘visited’ all and sundry. Very expensive visitor, I might add.
The present Elizabeth is the exact opposite. She expects the British people to pay for her both at home and abroad. She is a continuous drain on the Privy Purse. She doesn’t stay at rich people’s estates and make THEM pay for her. No, she happily leeches off of the public till. Here is a list of all her own palaces which she owns and which the public pays for: Buckingham Palace, Windsor Castle, Frogmore, Sandringham House, Balmoral Castle, Palace of Holyroodhouse, Clarence House, The Chapels Royal
These photos are from the web pages above. You can have a virtual tour of one or two rooms of these multi-room domiciles. The royals, of course, don’t live in these chambers—anymore. They are for state visits, etc. But they do live in the other half of each of these palaces.
Considering that they have no realistic function aside from meeting and greeting people and basically doing nothing in particular, it is rather expensive, I would venture. Of course, considering that they are not running hedge funds is a positive. But not by very much since they are in control of the hedge fund
community’s place of residence, all those islands.
By the way, the top room here is all gold leaf. This gold came from foreign lands like Africa and Asia as well as South and Central America. Note that it is here and not there. Those places continue to be poor or suffer from coups and other difficulties while the English Crown gets to use gold plated residences.
Now for the scandal of the costs of running these clowns all over the place:
Royal Travel Grant-in-Aid—200809.pdf: £4,038,922
A one week visit to Tokyo, for example, costs the British subjects well over half a million pounds for Charles and his hausfrau. Another one week long jaunt by this doddering duo to South America also costs the same amount. So, they will spend over £1.3 million going around the world, reminding everyone that his wife ain’t no Diana? Below is a screen shot of the official web page:
Here is a You Tube posting by the Royals which is all about how they now have an organic garden so they don’t have to buy icky veggies from locals:
It is all hand watered by expensive flunkies! And it is all very decorative, too. Can’t have icky looking gardens, can we? This kind of reminds me of Marie Antoinette and her fad for pretending to be a shepherdess and having cute gardens, etc. As the British suffer from a worse and worse depression, will the Queen say, ‘Let them eat organic veggies from their own gardens’?
Britain has looming problems due to the steep fall in gas and oil production:
The Government needs to take steps to ensure that the UK’s remaining oil and gas resources are exploited to the greatest benefit and that the fiscal and regulatory regime in which the industry operates is effective.
In the report of its first full inquiry since it was established, the Energy and Climate Change Select Committee argues that to prioritise the security of UK energy supply whilst moving towards a low carbon economy the Government must do more to support the efficient recovery of UK oil and gas reserves….
.In 2007 the UK was self sufficient in oil (producing 583 million boe and consuming 575 boe) and produced three quarters of its gas requirements (70 billion cubic metres (bcm) were produced and 91bcm consumed). Oil & Gas UK told us that “the industry is the single most significant contributor to this country’s security of energy supply, today providing 70% of our primary energy needs”.
It states that 70% of the UK’s primary energy will need to be provided by oil and gas in 2020 and “with up to 25 billion barrels of oil and gas still to recover, in 2020 the UK could still be producing oil and gas in sufficient volumes to supply 65% of our oil needs and a quarter of UK gas demand – enough gas to cover all that we need for our homes, for example – provided capital investment can be sustained at £5 billion per annum and the production decline rate held at 5% per annum”. The organisation concludes that “maximising the recovery of the country’s own reserves is therefore essential for future UK security of energy supply”.
I inserted the black line to show maximum production in 1994 and then moved it forwards in time to 2007 to show clearly that production is not even half of what it was a slightly over a decade ago. This is a very steep drop! If the Crown and Parliament imagine they can continue on the present course, they are nuts. They are not Saudi Arabia anymore. Here is a break down on how the government funds things today:
Lots and lots of taxes! The VAT is 15%. And there is still the biggest bite, the income taxes at nearly 30%. Health insurance is nearly 20%. And do these taxes cover expenses? NOPE. They don’t.
The National debt as percentage of GDP was immense beginning with WWI costs. After that deadly war, the empire actually expanded so of course, the overhead remained. WWII cost even more. After that, mercifully, the sun set on this experiment in looting the planet. Despite this or rather BECAUSE of this, the GDP/debt ratio began to improve somewhat.
Then, in the mid-1970’s, the North Sea Oil business began. All was well. A few slight surges in ratios in the 1990’s but generally, much better than when England ruled much of the planet. But as the oil dries up, the ratios begin to deteriorate again.
In the latest Government figures, which underline fears about the impact of the crisis on the taxpayer and may spark further jitters over Britain’s creditworthiness, the Office for National Statistics confirmed that it now considers both Lloyds Banking Group and Royal Bank of Scotland to be public sector companies.
The ONS expects to have to add between £1 trillion and £1.5 trillion to the UK’s public sector net debt, taking the total national debt to an unprecedented £2.2 trillion – just under 150pc of gross domestic product. This would be the worst debt total since the 1950s, when Britain was in the process of paying back its war debts.
Should a government running £2 trillion in the red have a bunch of no good, lazy bums living like the biggest welfare queens on earth? Shouldn’t these guys be reduced to cleaning out moats and duck houses for a living? I would think, the British people should examine these finances with the same fine-toothed comb they applied to Parliament.