HMG Omni-Shambles! – Remoaner Coup? – Who Rules GB? – EU Democracy? Inflation & Diesel in Focus – Global Polycrisis – Letter from Great Britain [10-22-22]

“If I don’t know – I can’t act” – Knowledge of The Word is Spiritual Power

BRITAIN’S GOSSIP CAFE:  It’s been another week of chaos in HMG and it’s not over yet!  Here is what really happens in Britain today where the oligarch hedge fund operators go out to play in the best places for fun in London and Liz Truss is one of them!  Here’s the  proof in 9 minutes:

Twitter avatar for @DoubleDownNews

Double Down News @DoubleDownNews
Peter Oborne Absolutely Demolishes Liz Truss 🔥 @OborneTweets

Hat Tip: B-MC, a dedicated ‘TBPer’: https://www.theburningplatform.com comments from our readers – that’s just one comment – do yourself a favour and dig into the other ones like ‘rhs jr’ , ‘TNP’ and ‘ursel doran’.  These contributors speak so much honest sense and know where the truth actually lies.

The New Normal
Jeremy Hunt: Xi’s Man in London
New UK Prime Minister Liz Truss has appointed Jeremy Hunt as Chancellor of the Exchequer, the top position in cabinet. Hunt is an establishment figure and a long-time advocate of close UK-China relations. Given Britain’s current economic crisis, commenters widely and checkout her lineage: https://en.wikipedia.org/wiki/Albrecht_family

We used to “laugh at the Italians” but “today, it is self-styled ‘world-beating’ Tory Britain that is being laughed at around the globe”, says Alastair Campbell. A country that once boasted of its “ancient parliament” and “democratic values” has now packed in four prime ministers in six years and four chancellors “in as many months”. “Even Greece, mid-meltdown, couldn’t get close to that,” Tony Blair’s former spokesperson writes in ‘The Independent’.

With each change of Tory leader, “we thought things could not get worse”. But “with each change of leader they did”. The situation might almost be comical, according to Campbell, “…if it wasn’t for the damage it is doing to people’s lives and living standards – and Britain’s standing in the world”. What the country needs is a general election, he argues, “and it needs it sooner rather than later”. The UK “is going backwards with these people in charge” and an election “is the only way to give the country the chance to move forward”.

THOUGHT FOR THE WEEK:  A fun interlude – is the earth flat? A neighbour of mine is convinced it was flat that he offered all sorts of ‘proves’ which I must say had me worried that perhaps it was flat after all.  My good friend ‘Admin’ at TBP has an observation about this view of our universe: https://www.theburningplatform.com/2022/10/16/awkward-3/   and this is what my neighbour said about the problem:

BUT here’s what convinced me otherwise: https://www.ucl.ac.uk/culture-online/ask-expert/your-questions-answered/earth-flat-or-circle   This is almost as much a joke as what is going on in Westminster this week. I believe that HMG is actually playing games with us because they are so totally bored earning big bucks for sitting on their butts!  Here’s what happens when the people in command get too bored – a Monty Python classic in 3 minutes, (I hope you are not flying soon):

BREAKING NEWS: NOW back to the ‘unreal’ world of  Brian Rix’s ‘The Whitehall Farce’:  We can all see now that politicians don’t manage anything. Note that when Liz Truss recklessly launched her ‘Mini- Budget’ back in late September without consulting the BoE or the OBR (See last week’s Letter), the markets went hyper and caused a crisis of confidence that culminated in ‘Liz-the Biz’ finally submitting her resignation on Thursday.  What now – asked these pathetic muppets? Answer: choose a new leader ASAP – like in 10 days or fewer (so why couldn’t they have done this in the first place? – yet another of the Tories multiple missteps I presume).

UPDATE – Saturday October 22 2022 – 1100 BST:  BoJo has landed supposedly to save Britain. The ego of this pathological liar and committed criminal rises to galactic proportions. The core-base of committed Tory members will be pretty miffed that the MPs are out of whack with their supporter base.  Clearly MPs are frightened of losing their salary (they too have mortgages) and see BoJo as their ‘best-chance’ saviour at any general election. The self-serving attitude of our supposed representatives demonstrates beyond doubt that our system of autocratic government is broken beyond repair.  If ever a Great Reset is required, this one takes first place.

At the time of publishing per BBC, Sunak is ahead, with 103 votes out of the 357 Tory MPs, and will likely declare soon; BoJo is yet to declare with 46.  Penny Mordaunt is trailing with 21 and is unlikely to be a serious contender although she naively jumped the gun and declared early.  There are lots of hopefuls in the wings and next week should see a coronation on Monday or a vote put to the members with the chosen leader being announce by next Friday.

In her brief span, Liz Truss has managed to create a financial crisis in the sovereign debt market, forced a bailout by the Bank of England, triggered alarm bells about the safety of pension plans in the U.K., and fired her Chancellor.  All of these events are interconnected. Here’s the short version: https://wallstreetonparade.com/2022/10/blackrock-stands-at-the-nexus-between-derivatives-blowing-up-in-u-k-pensions-and-the-shortest-tenure-of-a-prime-minister-in-u-k-history/ 

THE BACKGROUND: At a mid-week’s amazing spectacular we were presented with a minor ‘coup’ at  the sudden departure of the Home Secretary, Suella Braverman supposedly of being in favour of leaving the ECHR – can’t have that – now can we?  Then two Whips were rumoured to have resigned, having lost control of their MPs over ‘fracking’, but it turned out it was just another panicked rumour of no substance!  The Globalists are on the attack and will attempt to replace all the Brexiteers in power so that a major coup to return Britain to the Nazi EU will arise.  (Is that too strong? Then read on).

Grant Shapps, a ‘Remoaner Globalist’, replaced Braverman.  Maybe it’s because the Rwanda solution is not working nor do ‘they’ really want it to work?  Thank goodness because I wouldn’t send a dog there.  I wrote my analysis about Rwanda at the time, on June 18; see ‘Breaking News’ – make up your own mind if you would like to live there:  https://austrianpeter.substack.com/p/stupid-or-what-rwanda-in-focus-beware

These Nazis don’t give a damn about how much chaos, death and destruction they cause. Big Business just wants cheap labour, that’s all, Oh and bigger profits, and Oh, total global control with the little people slaving away to serve their extreme fantasies. It’s very clear that Hunt was in control this week as ‘Lettuce Liz’ finally gave up the ghost and resigned on Thursday triggering yet another ‘leadership contest. She will have no influence on policy now, save being a dancing puppet jester in the joke we call the House of Commons, and of course their owner, King Charles III:

SO THE QUESTION REMAINS – How does Great Britain really work?  We had the usual Prime Minister’s Question Time (PMQ) on Wednesday which had me in stitches and doubled over in painful hilarity. This farce, now playing at the ‘House of Commons Globe Theatre’, is exactly how it appears; it’s a “Playhouse and the MPs are merely players”, as Shakespeare wisely observed 400 years ago.  Politicians do not make policy; they only appear to do so to fool Joe Public.  The important decisions are made and implemented by the Establishment’ the Civil Service and their sycophants, such as consultants, NGOs and an influential lobby industry owned and paid for by the Globalist bankers and their financial markets. Make no mistake they are ALL in it for the MONEY and POWER!

Britain has always been a sham of true democracy but, what was before the 21st century a relatively benevolent government, these last two+ years have exposed the true nature of how the Brits are ruled. Joe Public has never had any influence on anything that affects him; from wages, taxes, services, health, housing, lockdowns and ‘benefits’, (which is a misnomer in itself; they are dystopian labels allocated by the Establishment).

If you think about it for a minute or two you will realise that all the monies taken from us by HMG (overall some 70% of our earnings obfuscated in devious ways), are in effect insurance premiums.  For example: “National Insurance Contributions” (NICs). When you make a claim on your policy, which is uniquely numbered for each of us by the NINO (National Insurance Number), you are deemed to be claiming ‘welfare benefits’ thus subliminally labelling you as a ‘useless eater’.

My work at the Citizens Advice Bureau (CAB) often involved persuading clients, especially conservative elderly ones, to make a claim which they felt would make them feel a ‘burden on the state’.  After I clarify the situation by an example of claiming on a car insurance policy, they were happy to go ahead.

HMG is just one big insurance company and I propose that Great Britain has morphed in the last 30 years into a ‘Biosecurity Police State’ affiliated tightly with USA. That’s a pretty heavy accusation against which the politicians would have the Brits believe that they can ‘vote’ to change their living conditions.  In my 78 years I have observed a continual decline in all aspects of our country and we have now arrived at a point where the robber barons can take nothing more from the 99% – Joe Public is bust, as is the country itself.

Let’s look at some evidence – there’s so much to support my case, I would have to write a tome to rival Gibbon’s Decline & Fall of the Roman-Empire  although his six volumes would offer a fairly close history of where Britain is today. History of course at least rhymes if not repeats, because human nature has remained constant throughout the ages.  I will take a recent example to merely illustrate my case, but I will expand on it in a future ‘Financial Jigsaw Part 2 Special Edition’. The following is an action worthy of the Stasi:

JULIAN ASSANGE has been illegally locked-up in Belmarsh Class ‘A’ High Security Prison since 2019 for no other reason than he offended the elite CIA interests by correctly publishing American war crimes in Iraq. He is a hero in my view because Wikileaks tells ‘truth to power’ and this really pisses off the Americans who think they can rule the world in any way they wish, with their puppy-dog HMG being more than ready to comply and compromise their supposed, ‘best legal system in the world’.  Check out the real reports: https://www.wsws.org/en/articles/2022/01/05/assa-j05.html

But I wonder which minister was behind all this – surprise, surprise none other than: “Sajid Javid, who was Britain’s Home Secretary from April 2018 to July 2019, attended “starlight chats” and “after-dinner cocktails” in a series of off-the-record conferences involving high-level US military and intelligence figures at a 5-star island resort off the coast of Georgia, USA. Many of those attending have been exposed in WikiLeaks publications and have demanded the organisation be shut down

Do you know who this man is?  ‘Sajid Javid’ – read on for an example of the British elite’s underhand, sneaky plotting to destroy a perfectly honourable journalist who only wants to see a fair and unsullied world.  Here is a deep rabbit hole.  Begin here and follow the ‘bunnies’, remembering the protagonists by name when the inevitable lampposts appear: https://declassifieduk.org/uk-minister-who-approved-trumps-request-to-extradite-assange-spoke-at-secretive-us-conferences-with-people-calling-for-him-to-be-neutralized/

And one last example of the evil that the HMG has imposed on the British people with their ‘safe & effective’ clot-shots by using military grade PsyOp to coerce the innocent and trusting populace to walk blindly into the gas chamber. Sound familiar?   Here is an example from the year I was born:  it’s just a shower they said – you are going to a holiday camp. Here’s the 21st century version of that historical episode, (check the comments):

BUT NOW – What about Europe? DOES URSULA VON DER LEYEN SUPPORT DEMOCRACY?:  Over the last few weeks, Ursula Von Der Leyen, the President of the European Commission, which is the most powerful body in the structure of the European Union, has made a ‘State of the Union’ speech and others praising democracy. She does not seem to understand that she herself was not elected to office. She was appointed.

There is no democracy in the European Commission. It is an autocratic committee of appointed officials (aka Technocrats). The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as “Commissioners”) headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner.

None of the office holders run for office in an election. That is rather strange form of “democracy”, yet tolerated by the people of the EU.  At present, those appointed members are plunging Europe into a very serious and possibly long-lasting economic recession which they say is caused by Russia, not by their own actions. They are also preparing sweeping new emergency powers for themselves, called the Single Market Emergency Instrument (SMEI).

The details were revealed on September 19th by the European Commission (EC). The SMEI, if adopted by the EU will grant special powers to the European Commission including the power to declare a ‘state of emergency’. Understanding what this means is very well described in this book, which I read recently: https://www.amazon.co.uk/States-Emergency-Keeping-Global-Population/dp/1949762483

“We need new tools that allow us to react fast and collectively,” said Margrethe Vestager, the European Commission’s executive vice president. This means that the unelected Commission will have the power to “build up strategic reserves of critical goods” and then have the power to “distribute these strategic reserves” in a “targeted manner” and “demand that businesses accept priority rated orders for key supplies. Businesses would be forced to comply with such demands or explain the grave reasons justifying refusal,”  the EC said –  [IMHO – Extreme fascism by any other name].

“Forced to comply” – that sounds like some more “democracy” and “freedom”, as defined by the unelected autocrats at the European Commission. Ursula Von Der Leyen in particular does not seem to understand the meaning of the word hypocrisy.  The proposed new “Emergency Instrument” still needs to be put to the European Parliament for a vote, so several months are likely to pass before it becomes law.  But we know they rubber-stamp it, defined as: “a person or organisation that gives automatic approval or authorization to the decisions of others, without proper consideration” So there you have it in black & white – period!

INFLATION WATCH: HMG announced the September inflation figures this week and they weren’t encouraging – 10.1% – but the good news for us pensioners is that this is the data point for the ‘Triple Lock’ pension increase in April next year, yet only if what Liz Truss promised will be confirmed by the new administration to emerge next week.  But anything is possible now after Boris set the ‘honesty parameter’ below zero last year. Inflation Report This Week

As President Biden’s announcement of a 15-million-barrel SPR release (the remaining volume of the 180 million barrels initially suggested) failed to stir the market, prices have trended sideways in recent trading sessions, with ICE Brent hovering around the $92 per barrel mark.” Here’s the data: https://mailchi.mp/63a77476698a/oilprice-intelligence-report-why-oil-prices-are-seeing-a-steep-correction-1528180?e=df45c1fa70

AMONGST ALL THE UK CRISES diesel prices are soaring at the pump. I went to the local garage the other day and was dismayed to see £1.93/ltr at the pump.  “What’s going on?” I asked, but nobody seemed to know and a passer-by blandly replied that it was ‘the government’. Well, I guess most of the time he would have been right, but on this occasion it’s the markets at fault again.  Here is what I have discovered: https://www.autoexpress.co.uk/news/93906/uk-petrol-and-diesel-prices-diesel-tops-petrol-20p-first-time-ever Perhaps HMG should steal fewer fuel tax pounds from us so we can at least get to work without going bankrupt?

The problem is that, as we were warned over the summer, even as others were transfixed by the moves in gas, see:  Sorry, Diesel Prices Are Likely To Climb Again Soon (Aug 4) and other observations:

The crisis gripping the US diesel market is getting out of hand, as demand is surging while supplies remain at the lowest seasonal level for this time of year – ever, according to government data released Wednesday. https://healthimpactnews.com/2022/forget-oil-the-real-crisis-is-diesel-inventories-the-us-has-just-25-days-left/

COLLAPSE MONITOR: “A polycrisis, according to economic historian Adam Tooze, is a situation where one faces multiple crises, and the whole is more dangerous than the sum of the parts. It is hard to find a more accurate description of the challenges facing the global economy at present.

Last week, the International Monetary Fund (IMF) clarified just how gloomy is the outlook. The European energy crisis, multiple interest rate rises and structural economic problems in China are all now coalescing. To drag out the weather metaphor, it is quite simply a perfect storm.  Furthermore, the contrasts with 2008 – the last time the outlook was comparatively grim – are stark” : https://www.dailymaverick.co.za/opinionista/2022-10-19-the-polycrisis-dilemma-the-global-economy-faces-a-war-of-all-against-all/

THE NARRATIVE BATTLE:  I will report next week as I have run out of space after all the narratives our idiotic politicians have generated.

UNTIL NEXT WEEK:  For more, read: “The Financial Jigsaw”: Scroll:   https://www.researchgate.net/publication/358117070_THE_FINANCIAL_JIGSAW_-_PART_1_-_4th_Edition_2020   including regular updates.  Archive & Finance articles are HERE   For free PDF copy e-Books, Parts 1 & 2,  email; [email protected]

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Author: Austrian Peter

Peter J. Underwood is a retired international accountant and qualified humanistic counsellor living in Bruton, UK, with his wife, Yvonne. He pursued a career as an entrepreneur and business consultant, having founded several successful businesses in the UK and South Africa His latest Substack blog describes the African concept of Ubuntu - a system of localised community support using a gift economy model.

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9 Comments
Matthew Clark
Matthew Clark
October 22, 2022 11:18 am

The dystopia in Britain and Europe will probably lead to geographical fragmentation, where the European Union collapses, and nations split into many more national jurisdictions. Eventually military conquest from forces outside Europe will occur.

Glock-N-Load
Glock-N-Load
October 22, 2022 12:06 pm

“The important decisions are made and implemented by the ‘Establishment’ – the Civil Service and their sycophants, such as consultants, NGOs and an influential lobby industry owned and paid for by the Globalist bankers and their financial markets. Make no mistake they are ALL in it for the MONEY and POWER!”

So, you agree with me? It is

G.R.E.E.D.

that is the most destructive human trait and causes more harm than any other?

ursel doran
ursel doran
October 22, 2022 3:54 pm

Further to…Resending this fabulous work from the genius lady.

Why financial approaches won’t fix the world’s economic problems this time

Jdog
Jdog
October 22, 2022 9:39 pm

Hi Peter, I have some reason to believe the situation in Ukraine may be beginning to wind down. First the Pentagon has reached out to their counterparts in Russia for the first time in months and are suggesting keeping open he lines of communication. The elections here in the States are going to go badly for the Democrats, and the Republicans are talking about stopping any further aid for Ukraine.
The EU is becoming fragmented on its support for Ukraine also. The US has probably accomplished as much as it can on this front, having secured a new market for LNG, and oil shipments, and effectively removing Russia as a competitor for at least the short run. Europe will suffer economically because of this, but that is the price of being an ally of the US very often.
Meanwhile the situation with China is heating up, and there is reason to believe that will be the next area of conflict.
The recent US sanctions on China buying high tech chips, is going to be something that China will not be able to tolerate without restoring their chip making ability. It is basically the same tactic used on Japan, cutting off oil, which forced Perl Harbor before WW2.
I believe the US is forcing China’s hand to invade Taiwan, and to take over Taiwan’s chip industries. This is a much more serious situation, as China is positioning itself to be the new worlds dominant power. I believe this situation in China, will require all the resources of the US meaning it will have to abandon Ukraine, just as it had to abandon Afghanistan when Ukraine became imminent.

Jdog
Jdog
October 23, 2022 5:37 pm

If you have never seen this, it is an amazing speech given in 2014 that has proven to be absolutely correct in its predictions for current events.

rhs jr
rhs jr
October 23, 2022 10:17 pm

My comment was removed; so this is a repeat per se. Americans have Hope that voters will elect republicans and we will start massive Impeachments of Traitors after 8Nov, and repair Foreign Relations and Economies. As for England, y’all seem to have suffered yet another invasion: re Vikings, Romans, Anglo Saxons, Normans; like a threat of Nazis w/o Churchill and Lord Downy, Muslims and African Barbarians, and sabotage of your country by EU Fascist. Your leaders are fighting each other when they need to unite with an effective plan. When your early Royal Socialist colony was about to starve about 1600, y’all sent Capt John Smith who assigned each family a plot and said you will eat what you grow. That worked so well that the next harvest there was such surplus that they held the famous first Thanksgiving. Take a page from Putin. Make the King and offer for his land he can’t refuse, grow food, dig up some coal, make stuff people need, catch fish, screw the EU Tyrants every way you can; they will collapse just like the USSR Soviet Tyrants did.