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	Comments on: Rumours and alarms from Italy &#8211; Updated	</title>
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	<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/</link>
	<description>Author of THE DEBT GENERATION</description>
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		<title>
		By: Dave in Cork		</title>
		<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5616</link>

		<dc:creator><![CDATA[Dave in Cork]]></dc:creator>
		<pubDate>Sat, 24 Sep 2011 00:34:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5616</guid>

					<description><![CDATA[Charlie
Re.: the &quot;reverse Robin Hood&quot;
I first began to suspect that this was in fact a deliberate and planned strategy back in the mists of Thatcher&#039;s &quot;trickle down&quot;, &quot;no such thing as society&quot; days (I grew up in Wales).

Over the years, what I had thought was merely my own socialist scepticism and prediliction for &#039;masonic&#039; conspiracy appeared to become an observable reality.

In more recent years - the last four, say - this suspicion has become my firm conviction. So called Western democracy has devolved into a feudalistic, sometimes brutal, hegemony that Dickens would happily be inspired by. Poverty and narcotics everywhere in the real world, narcissist celebrities and holidays permeate the vitual.
Thanks for your succint appraisal.

It would seem that significant unemployment, say 15% as measured or 25% in reality, and unrelenting consumerist culture are here to stay.
It leaves me wholly depressed, we live subjugated within a savage pack, sauve qui peut.
So much for all that optimistic political philosophy I&#039;ve read in the past....]]></description>
			<content:encoded><![CDATA[<p>Charlie<br />
Re.: the &#8220;reverse Robin Hood&#8221;<br />
I first began to suspect that this was in fact a deliberate and planned strategy back in the mists of Thatcher&#8217;s &#8220;trickle down&#8221;, &#8220;no such thing as society&#8221; days (I grew up in Wales).</p>
<p>Over the years, what I had thought was merely my own socialist scepticism and prediliction for &#8216;masonic&#8217; conspiracy appeared to become an observable reality.</p>
<p>In more recent years &#8211; the last four, say &#8211; this suspicion has become my firm conviction. So called Western democracy has devolved into a feudalistic, sometimes brutal, hegemony that Dickens would happily be inspired by. Poverty and narcotics everywhere in the real world, narcissist celebrities and holidays permeate the vitual.<br />
Thanks for your succint appraisal.</p>
<p>It would seem that significant unemployment, say 15% as measured or 25% in reality, and unrelenting consumerist culture are here to stay.<br />
It leaves me wholly depressed, we live subjugated within a savage pack, sauve qui peut.<br />
So much for all that optimistic political philosophy I&#8217;ve read in the past&#8230;.</p>
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		<title>
		By: Charlie		</title>
		<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5056</link>

		<dc:creator><![CDATA[Charlie]]></dc:creator>
		<pubDate>Tue, 06 Sep 2011 19:34:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5056</guid>

					<description><![CDATA[I would say they&#039;ve got us just where they want us:&lt;br /&gt;http://www.bbc.co.uk/news/business-14781254 !]]></description>
			<content:encoded><![CDATA[<p>I would say they&#39;ve got us just where they want us:<br /><a href="http://www.bbc.co.uk/news/business-14781254" rel="nofollow ugc">http://www.bbc.co.uk/news/business-14781254</a> !</p>
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		<title>
		By: forensicstatistician		</title>
		<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5043</link>

		<dc:creator><![CDATA[forensicstatistician]]></dc:creator>
		<pubDate>Tue, 06 Sep 2011 07:57:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5043</guid>

					<description><![CDATA[@Golem&lt;br /&gt;&lt;br /&gt;Seems that Paul Mason on Newsnight lifted this EU to US desposit transfer story!!&lt;br /&gt;&lt;br /&gt;I noted that Alistair Darling was doing a good job of playing things down, so as to support the strategy outlined by Charlie:&lt;br /&gt;&lt;br /&gt;&#034;They&#039;ve got to keep stringing us along for as long as possible to continue the transfer of wealth to the top few percent.&#034;]]></description>
			<content:encoded><![CDATA[<p>@Golem</p>
<p>Seems that Paul Mason on Newsnight lifted this EU to US desposit transfer story!!</p>
<p>I noted that Alistair Darling was doing a good job of playing things down, so as to support the strategy outlined by Charlie:</p>
<p>&quot;They&#39;ve got to keep stringing us along for as long as possible to continue the transfer of wealth to the top few percent.&quot;</p>
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		<title>
		By: steviefinn		</title>
		<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5040</link>

		<dc:creator><![CDATA[steviefinn]]></dc:creator>
		<pubDate>Tue, 06 Sep 2011 00:42:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5040</guid>

					<description><![CDATA[@ Charlie&lt;br /&gt;   I went to see my Father who is 74 last week, he was very angry at how things are being stripped away from ordinary people. He knew it was something to do with the bankers, but was confused by the MSM bullshit. &lt;br /&gt;&lt;br /&gt;   He spent almost a day reading this blog, I left him with my copy of &#034;Debt Generation&#034; &#038; he is going to get the &#034;Inside Story&#034; dvd. He feels that everything he worked for is slipping away &#038; that the unions, &#038; all the political parties are run by the same sort of people, who are only concerned with their own self interest.&lt;br /&gt;&lt;br /&gt;  He&#039;s still angry but he feels better for knowing the why of it. I would say there are a lot of people out there like him. He must be keeping up to date, he saw my comment about Schrodingers cat &#038; rang me up to tell me to think more before I comment, that&#039;s Dads for you.]]></description>
			<content:encoded><![CDATA[<p>@ Charlie<br />   I went to see my Father who is 74 last week, he was very angry at how things are being stripped away from ordinary people. He knew it was something to do with the bankers, but was confused by the MSM bullshit. </p>
<p>   He spent almost a day reading this blog, I left him with my copy of &quot;Debt Generation&quot; &amp; he is going to get the &quot;Inside Story&quot; dvd. He feels that everything he worked for is slipping away &amp; that the unions, &amp; all the political parties are run by the same sort of people, who are only concerned with their own self interest.</p>
<p>  He&#39;s still angry but he feels better for knowing the why of it. I would say there are a lot of people out there like him. He must be keeping up to date, he saw my comment about Schrodingers cat &amp; rang me up to tell me to think more before I comment, that&#39;s Dads for you.</p>
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		<title>
		By: Golem XIV - Thoughts		</title>
		<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5037</link>

		<dc:creator><![CDATA[Golem XIV - Thoughts]]></dc:creator>
		<pubDate>Mon, 05 Sep 2011 19:45:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5037</guid>

					<description><![CDATA[Hello Marc,&lt;br /&gt;&lt;br /&gt;How funny! Obviously other people think it&#039;s a good title too. Thanks for the link.]]></description>
			<content:encoded><![CDATA[<p>Hello Marc,</p>
<p>How funny! Obviously other people think it&#39;s a good title too. Thanks for the link.</p>
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		<title>
		By: Marc		</title>
		<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5036</link>

		<dc:creator><![CDATA[Marc]]></dc:creator>
		<pubDate>Mon, 05 Sep 2011 18:48:34 +0000</pubDate>
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					<description><![CDATA[&#034;Debt Generation&#034; goes Italy (see time mark 0:47)&lt;br /&gt;http://www.youtube.com/watch?v=Ehw2LEunuqY]]></description>
			<content:encoded><![CDATA[<p>&quot;Debt Generation&quot; goes Italy (see time mark 0:47)<br /><a href="http://www.youtube.com/watch?v=Ehw2LEunuqY" rel="nofollow ugc">http://www.youtube.com/watch?v=Ehw2LEunuqY</a></p>
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		<title>
		By: Golem XIV - Thoughts		</title>
		<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5035</link>

		<dc:creator><![CDATA[Golem XIV - Thoughts]]></dc:creator>
		<pubDate>Mon, 05 Sep 2011 18:31:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5035</guid>

					<description><![CDATA[Sean, &lt;br /&gt;&lt;br /&gt;Bravo! I stand corrected.]]></description>
			<content:encoded><![CDATA[<p>Sean, </p>
<p>Bravo! I stand corrected.</p>
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		<title>
		By: Charlie		</title>
		<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5033</link>

		<dc:creator><![CDATA[Charlie]]></dc:creator>
		<pubDate>Mon, 05 Sep 2011 18:00:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5033</guid>

					<description><![CDATA[To play Devil&#039;s advocate: They&#039;ve got to keep stringing us along for as long as possible to continue the transfer of wealth to the top few percent. The next collapse is inevitable, but what&#039;s the point of restructuring until that happens, there are still quite a few billions of rich pickings to be had from a bit of public sector asset stripping; lowering the expectations of the working class won&#039;t do any harm in the long run either. &lt;br /&gt;&lt;br /&gt;A whole generation is growing up with little hope of owning a house, financing university education, retaining healthcare free at the point of use, or receiving even a pittance of a pension before they&#039;re 70. Compare that with those of us who grew up in the 50s and 60s when home ownership was a rising expectation, university education taken for granted, a &#039;job for life&#039; wasn&#039;t considered fanciful, and a decent retirement, with well-financed social care was taken as a birthright.&lt;br /&gt;&lt;br /&gt;The scale of the changes can be seen in these graphs, showing the increasing share of national income taken by the top 1% in the US - http://goo.gl/g6O8H - the UK isn&#039;t quite in the same Robin Hood-in-reverse league but is on a similar trajectory.&lt;br /&gt;&lt;br /&gt;As long as they can get away with it, they&#039;ll continue the trend - bugger the consequences.]]></description>
			<content:encoded><![CDATA[<p>To play Devil&#39;s advocate: They&#39;ve got to keep stringing us along for as long as possible to continue the transfer of wealth to the top few percent. The next collapse is inevitable, but what&#39;s the point of restructuring until that happens, there are still quite a few billions of rich pickings to be had from a bit of public sector asset stripping; lowering the expectations of the working class won&#39;t do any harm in the long run either. </p>
<p>A whole generation is growing up with little hope of owning a house, financing university education, retaining healthcare free at the point of use, or receiving even a pittance of a pension before they&#39;re 70. Compare that with those of us who grew up in the 50s and 60s when home ownership was a rising expectation, university education taken for granted, a &#39;job for life&#39; wasn&#39;t considered fanciful, and a decent retirement, with well-financed social care was taken as a birthright.</p>
<p>The scale of the changes can be seen in these graphs, showing the increasing share of national income taken by the top 1% in the US &#8211; <a href="http://goo.gl/g6O8H" rel="nofollow ugc">http://goo.gl/g6O8H</a> &#8211; the UK isn&#39;t quite in the same Robin Hood-in-reverse league but is on a similar trajectory.</p>
<p>As long as they can get away with it, they&#39;ll continue the trend &#8211; bugger the consequences.</p>
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		<title>
		By: Sean		</title>
		<link>https://www.golemxiv.co.uk/2011/09/rumours-and-alarms-from-italy-updated/#comment-5032</link>

		<dc:creator><![CDATA[Sean]]></dc:creator>
		<pubDate>Mon, 05 Sep 2011 17:04:25 +0000</pubDate>
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					<description><![CDATA[&#034;They are about as reliable as the rhythm method of contraception&#034; How do you mean unreliable? My wife managed to keep it down to 4. Over 25 years and 300 cylces at a strike rate of 1.33rec, and yes I shot fully loaded bullets! &lt;br /&gt;&lt;br /&gt;Oh yes I forgot, Italy, F****d, at least the Italian language is full of words for it.&lt;br /&gt;&lt;br /&gt;http://en.wikipedia.org/wiki/Italian_profanity&lt;br /&gt;&lt;br /&gt;Its the euro wotdunit. It cant be its very Conservative banking sector can it?]]></description>
			<content:encoded><![CDATA[<p>&quot;They are about as reliable as the rhythm method of contraception&quot; How do you mean unreliable? My wife managed to keep it down to 4. Over 25 years and 300 cylces at a strike rate of 1.33rec, and yes I shot fully loaded bullets! </p>
<p>Oh yes I forgot, Italy, F****d, at least the Italian language is full of words for it.</p>
<p><a href="http://en.wikipedia.org/wiki/Italian_profanity" rel="nofollow ugc">http://en.wikipedia.org/wiki/Italian_profanity</a></p>
<p>Its the euro wotdunit. It cant be its very Conservative banking sector can it?</p>
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