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morepeace

Listed below are comments made by morepeace between Thursday, 1st May 2008 and Wednesday, 11th June 2008.

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'Sexed-up' evidence? 08:38am on 11 Jun 2008 @adammcnestrie
It is not the citizens who are destroying the political system it is the politicians. They do not deserve our trust, our rights stand above all else and ANYONE who takes any part of those rights away deserves our derision. The political system is poisoned and will be so until we vote in politicians who actually believe in the people again. All thse law's are making us all potential criminals who need to be watched. The point is the price of Liberty is RESPONIBILITY that means we are unlitimately rsponisble ourselves, logically this also means in my case I would rather be blown up walking down Oxford st in a free country than be watched measured and criminalised at every turn.
After all give Thatcher her Due Her whole government WAS blown up but they never implemented laws like this... This bunch are a (tory's and Labour) are a bunch of cowards who would make us all cowards if we allow them... Where is the fighting spirit, where is the dogged determination.
People of Britain where are you ??
'Sexed-up' evidence? 08:16am on 11 Jun 2008 I am really really annoyed with this government and I hope we all are, they are willing to burn our 1,000 year old rights which held through all the wars and tumoil of the last 1000 years to be torn up by a bunch of self seeking idiots like Brown, just to show how tough they are. This is a really serious trend in the WRONG direction. How dare they take our rights away like this. When Jhon Major say's he does not recognise this country (Times, Sunday8th June) then we have to sit up and listen after all this was the man who was at the centre of Margaret Thatchers ripping up of the post war concensus and who was there at the centre when the war on the "Enemy within" began with Thatcher. This is the logical conclusion of 25 years of erosion of the position of the Citizen with regards to the state. It will continue like this until we all say ENOUGH !!!
Too much iPhone? 9:17pm on 10 Jun 2008 @RevolutionBlues Oh you mean the half that was wrong, just plain wrong, the rest was irrelevent, you have not retracted your incorrect statements how can you come back bold as brass when you made 50% factual errors ?? what exactly are you achieving ???
Too much iPhone? 8:03pm on 10 Jun 2008 In answer to Revolution Blues
You obviously have no idea what you are talking about...
iPhone2
has Bluetooth Apple sells a bluetooth headset for it .....
No Picture messaging ???? right well it does actually...
No Copy and paste ?????
It runs OS X of course it has copy Paste....
No extra storage...... How much do you need on a Phone it has 16gb ?????
The phone is new as it runs a fully fledged copy of os x which means thousands of apps will just run on it....
RBS rebuilds 10:00pm on 01 May 2008 No. 46
Shares are a "Share" of the company, company does well you do well company does bad, you lose.
This is precisely the kind of mistake people made in 1920's buy shares you can't lose... they all thought......Well you can and that is that.
Worst over - or not? 09:36am on 01 May 2008 The one part in all of this that no-one has adequately explained to the public is where all the excessive liquidity that flooded into high risk markets came from.

It works like this...
you bank £100 the bank keeps £20 and loans out £80 when the £80 is paid back there is then £180 of real money for the initial £100 so they are making money. The money paid back is not allowed to be used as a loan.....But......
it is this money which the banks packaged up and sold to the markets.... sold as CAPITAL that means they could reuse that money. Great huh ? but what happens if the CAPITAL they sold turns out to be not worth the paper it is printed on....
The banks solid capital the money it sits on disapears....
They have no capital to back loans, the markets they sold their crap loans to dry up and everything grinds to a halt.
This is a major serious event. Also China will not escape it is seriously tied into this model.
In a way it's a good thing Houses are not an asset to be traded.
Worst over - or not? 09:21am on 01 May 2008 As others have rightly pointed out it is excessive liquidity that has caused the problem.
The banks broke the model and have been doing so for over 10 years, we will survive but the whole thing is only just beginning to take effect. This is a crisis without precedent maybe 1920's crash is similar in that the financial instruments used then were employed in even more devious and clever ways this time around.
I don't think there is any money left in the banks coffers, they have sold us all down the river...

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