Anyone concerned about the Euro and what is happening in Europe right now?

[notoc]

--I won't. There's too much speculation involved and not enough clear cut truth.

You mean you can't.

I will, however, look forward to the day that countries revert to their own currencies that they themselves are responsible for instead of putting thier sovereign privliges and responsibilities in the hands of others.

You are deluding yourself if you think the control of any country's currency (with the possible exception of China) is in the hands of anyone other than a cartel of stateless banks.

[notoc]

It appears that some of our big banks may take a hit and yet I read this morning where the FRS is going back for more punishment.  I wonder how much of his own money Bernanke has on the line. It is easy to play fast and loose with other peoples' money.

There is no 'money' ... private banks are lending money into existence, at interest, in order that interest on previous monies (loaned into existence by the same private banks) can continue to be paid.

I'm no great fan of RT or Max Keiser 'style', but this just about sums it up  ...

Secret Fed Loans & Slinky School of Economics.	Small | Large

[Mornac]

You mean you can't.

--I mean I won't.

You are deluding yourself if you think the control of any country's currency (with the possible exception of China) is in the hands of anyone other than a cartel of stateless banks.

--Are you encouraging your government to join the eurozone? If not, why not?

[notoc]

--I mean I won't.

Right .. best not to open your mouth and confirm it, huh? Good thinking.

--Are you encouraging your government to join the eurozone? If not, why not?

LOL ... you talk in such a grandiose fashion, Mornac. - Deluded. I guess you can take the boy out France ...

Like you, day-in day-out, I'm up at the crack of dawn encouraging my government to 'do the right thing' according to me! From ditching its counter-intuitive policy of trading my North Sea oil and gas in US Dollars, to expanding the availability of abortion clinics to Irish Catholics ... for me, every day is a lobby day!

So, I take it you think the average UK citizen would be worse off if Britain had adopted the Euro?

* The EURO launched at a value of $1.17 ... it is currently trading at $1.35

* At the launch of the EURO the Pound was trading at $1.65 ... it is currently trading at $1.54

* US interest rate is 0.25% ... UK interest rate is 0.5% ... EURO interest rate is 1.25%

I'd ask you to explain how the UK would be worse off, but I know you won't can't.

[Mornac]

All I did was ask you two simple questions and you were incapable of answering either of them:

1) Are you encouraging your government to join the eurozone?

2) If not, why not?

[notoc]

All I did was ask you two simple questions and you were incapable of answering either of them:

1) Are you encouraging your government to join the eurozone?

2) If not, why not?

You are doing what you always do, Mornac ... posturing.

I thought I made it clear ... I would be better off if the UK had adopted the EURO. I have no idea how I can encourage my government to join the Eurozone at this moment in time, as much as I have no idea how I could encourage my government to trade my North Sea oil and gas in something other than Dollars ... would you suggest I start a petition or perhaps apply for a policy making position at the Treasury? Become an MP perhaps?

Your question was ridiculous ... so and I answered it the best way I could.

But if you really think there is something to gain from answering yes or no and why ... then here you go:

Q. Am I encouraging my government to join the Eurozone?
A. No.
Q. Why not?
A. Because I am too busy with my day job.

Q. So what did you learn from that?
A. Absolutely xxxx-all.

If you weren't so intent on demanding the exact form the answers to your loaded 'clever-clever' questions should take, you might actually learn something. But hey, you're not interested in learning anything because you already know everything, right?  ... when all is said and done, you are here for one reason and one reason alone ... to tell us all how we should live our lives, the Mornac way.

[Mornac]

You are doing what you always do, Mornac ... posturing.

--Poor observation notoc. I’m doing what I always do… asking pertinent questions and being ignored.

I thought I made it clear ...

--You thought wrong.

I would be better off if the UK had adopted the EURO.

--The question was posed in the present. I have no interest in hearing you whinge in the conditional.

I have no idea how I can encourage my government to join the Eurozone at this moment in time, as much as I have no idea how I could encourage my government to trade my North Sea oil and gas in something other than Dollars ...

--It could be something as simple as telling your mates, “I think the country should join the Eurozone”. At least you’d be on record with someone who is possibly influenced by your opinion.

would you suggest I start a petition or perhaps apply for a policy making position at the Treasury?

--Absolutely not. I mostly admire Britain. Why would I want you to get involved in our idiotic doomed currency?

Become an MP perhaps?

--Non plus.

Your question was ridiculous ...

--My question was very consise. It involved a “yes” or a “no” followed by a brief explanation of your motivation. You blew it all out of proportion in the typical fashion of a confused liberal when confronted with reason.

and I answered it the best way I could.

--I know. That’s what I found troubling.

But if you really think there is something to gain from answering yes or no and why ... then here you go:

Q. Am I encouraging my government to join the Eurozone?

A. No.

--There, see? That wasn’t so painful. Although it does seem to contradict everything you just got through telling me. Looks like you just fell back into “confused liberal” mode.

Q. Why not?

A. Because I am too busy with my day job.

--That wasn’t my question. Looks as though you decided to interrogate yourself here notoc.

Q. So what did you learn from that?

A. Absolutely xxxx-all.

--Well at least now you know what it’s like trying to have a conversation with you.

If you weren't so intent on demanding the exact form the answers to your loaded 'clever-clever' questions should take, you might actually learn something.

--And if you weren’t so reluctant to answer questions that ask for nothing but the plain and simple truth maybe you’d get to know yourself a little better. (That’s no guarantee that you’ll like what you see though).

But hey, you're not interested in learning anything because you already know everything, right?  ...

--If I weren’t interested in learning anything, why would I ask you questions in the first place? I ask them precisely because I am trying to learn something. If you were more cooperative maybe we’d make a bit of progress from time to time.

when all is said and done, you are here for one reason and one reason alone ... to tell us all how we should live our lives, the Mornac way.

--I challenge you to show me even one example of me telling you or anyone else how you should live your lives. (That’s as straightforward as you can get notoc. This is your big chance to show everyone you know what you’re talking about. Off with you then. Go show us what you have.)

[notoc]

--Poor observation notoc. I’m doing what I always do… asking pertinent questions and being ignored.
--You thought wrong.
--The question was posed in the present. I have no interest in hearing you whinge in the conditional.
--It could be something as simple as telling your mates, “I think the country should join the Eurozone”. At least you’d be on record with someone who is possibly influenced by your opinion.
--Absolutely not. I mostly admire Britain. Why would I want you to get involved in our idiotic doomed currency?
--Non plus.
--My question was very consise. It involved a “yes” or a “no” followed by a brief explanation of your motivation. You blew it all out of proportion in the typical fashion of a confused liberal when confronted with reason.
--I know. That’s what I found troubling.
--There, see? That wasn’t so painful. Although it does seem to contradict everything you just got through telling me. Looks like you just fell back into “confused liberal” mode.
--That wasn’t my question. Looks as though you decided to interrogate yourself here notoc.
--Well at least now you know what it’s like trying to have a conversation with you.
--And if you weren’t so reluctant to answer questions that ask for nothing but the plain and simple truth maybe you’d get to know yourself a little better. (That’s no guarantee that you’ll like what you see though).
--If I weren’t interested in learning anything, why would I ask you questions in the first place? I ask them precisely because I am trying to learn something. If you were more cooperative maybe we’d make a bit of progress from time to time.
--I challenge you to show me even one example of me telling you or anyone else how you should live your lives. (That’s as straightforward as you can get notoc. This is your big chance to show everyone you know what you’re talking about. Off with you then. Go show us what you have.)

Mornac, there you go again ... splitting my post into its constituent words does nothing more than illustrate your inability to express yourself in whole, joined-up paragraphs.

What do you think you learned from the 'yes and why' answers you demanded I give you?

[Mornac]

Mornac, there you go again ... splitting my post into its constituent words does nothing more than illustrate your inability to express yourself in whole, joined-up paragraphs.

--No, it prevents you from pulling the rhetorical flimflam you’re so fond of using to attempt to get yourself out of the corners you paint yourself into.

What do you think you learned from the 'yes and why' answers you demanded I give you?

--I learned that there were no ‘yes and why’ answers given in this thread and I learned that you’re in the middle of a verbal pick-pocket aimed at trying to get me to believe there was. The only things that resemble answers to my questions are this:

I would be better off if the UK had adopted the EURO.

…which is nothing more than you complaining about what might have happened IF the UK HAD adopted the euro. It says nothing about your desire (or lack of) for your country’s participation currently (which is the question I asked).

Then there was also this:

Q. Am I encouraging my government to join the Eurozone?

A. No.

Q. Why not?

A. Because I am too busy with my day job

--I probably don’t have to point out to you (or maybe I do) that there is neither a “yes” nor a “why” in there. On the contrary, there is a “No” and a “Why not”.

[lucy]

I think the bottom line is that there is no quadrillion dollars in existence to cover the derivatives, etc...there is no money really on the planet to cover their schemes...so, we will see what happens, but frankly, from the looks of it, this bubble will burst and there will be quite a bit of pain.

Take care. Get some seeds. You can't eat gold and besides, the real gold may already be accounted for...I wouldn't trust paper gold frankly. Silver might still be good, but again...you can't eat silver.

[notoc]

It says nothing about your desire (or lack of) for your country’s participation currently (which is the question I asked).

You asked no such question. In fact you started out refusing to answer the question I had asked you while in the same breath asking me, if I was encouraging my government to join the Eurozone? I told you that, past starting a petition, securing a policy making position or becoming an MP, I didn't know how to encourage my government to join the Eurozone ... any more than I would know how to encourage my government to trade my North Sea oil and gas in something other than US Dollars.

... but instead of taking my answer at face value, you demanded I answer it again with a simple 'yes' or 'no.'

So I answered 'No' ... and since you had also demanded that I tell you why, I told you that I wasn't encouraging my government to join the Eurozone because I am too busy with my day job, assuming you could join the dots and understand that, in my view, seriously lobbying government on an issue such as the adoption of another currency would entail something a little more concerted than dropping a couple of posts on Newsrake.

Seriously Mornac, wise-up ... do you honestly expect anyone to take you seriously when you are simultaneously refusing to answer questions put to you while demanding answers be given?

... and you wonder why I take the piss? The truth is, if it wasn't for my piss-taking you'd be down to two replies a month, both of them asking if you'd be good enough to stop spamming the place with Michael Voris's diatribes.

Anyway, it's coming up to 7am here and my usual mid-week nuit blanche on the FOREX and Grey Markets is coming to a close. I see France's credit rating has been all but officially downgraded to from 'AA-' to 'A' and, even without the rating agencies' opinion, the extra yield investors are demanding from a French 10 year bond has climbed to 111 basis points on the news that she will have to further support her own banks ... hardly surprising when you consider French debt has reached 100 percent of her gross domestic product. That's up from 76% in two years ... however hard the French Nationalists try to spin it, one can only wonder how weak the Franc would be by now if she hadn't joined the Eurozone.

[notoc]

Silver might still be good, but again...you can't eat silver.

... but you can eat very well on an ounce of silver bought for under $4.50 ten years ago.

[Mornac]

You asked no such question.

--Sure I did. Right here, and again here. Of course the word “desire” doesn’t appear in it, if that’s where you’re going, but asking if you encourage something implies a desire for it:, so yes, it is “such question”.

In fact you started out refusing to answer the question I had asked you while in the same breath asking me, if I was encouraging my government to join the Eurozone?

--Wrong. I started out by telling lucy that she should direct her general question to you upon which occasion you suggested that I “(t)ake a stab at answering them (my)self”. I declined to take you up on your suggestion explaining why.

I told you that, past starting a petition, securing a policy making position or becoming an MP, I didn't know how to encourage my government to join the Eurozone... any more than I would know how to encourage my government to trade my North Sea oil and gas in something other than US Dollars.

--No you didn’t. You asked me If I would suggest that you do any of those things to which I replied with a much easier suggestion to demonstrate your encouragement for the UK’s participation in the Eurozone.

... but instead of taking my answer at face value,

--Your answer was sarcastic. I’m sure you will agree that, while sarcasm may be amusing it should never be offered or accepted as a legitimate answer to a legitimate question. But then again you’re a liberal so nothing you say, no matter how daft, would surprise me.

you demanded I answer it again with a simple 'yes' or 'no.'

--I ask that you answer with a simple ‘yes’ or ‘no’ which is all that the question requires. If you’re not up to offering one of the two legitimate answers then just say so. You won’t be the first liberal to be incapable of such a feat.

So I answered 'No' ...

--Which part of this statement designates ‘No”:

"I thought I made it clear ... I would be better off if the UK had adopted the EURO."

and since you had also demanded that I tell you why, I told you that I wasn't encouraging my government to join the Eurozone because I am too busy with my day job, assuming you could join the dots and understand that, in my view, seriously lobbying government on an issue such as the adoption of another currency would entail something a little more concerted than dropping a couple of posts on Newsrake.

--Encouragement doesn’t demand any of the cockamamie behavior you imply it does. Encouragement can be as simple as making your opinion known to anyone who asks it. Public opinion is where policy makers test the waters. I am abundantly aware that liberals are often embarrassed by the opinions that being a liberal forces them to embrace. I don’t need you to demonstrate it here.

Seriously Mornac, wise-up ... do you honestly expect anyone to take you seriously when you are simultaneously refusing to answer questions put to you while demanding answers be given?

--Of course not. That’s why I would never do such a thing.

... and you wonder why I take the piss?

--No, I wonder why you dodge reason and then make it sound like I’m picking on you.

The truth is, if it wasn't for my piss-taking you'd be down to two replies a month, both of them asking if you'd be good enough to stop spamming the place with Michael Voris's diatribes.

--It’s of no consequence to me who replies and who doesn’t.
 

Anyway, it's coming up to 7am here and my usual mid-week nuit blanche on the FOREX and Grey Markets is coming to a close. I see France's credit rating has been all but officially downgraded to from 'AA-' to 'A' and, even without the rating agencies' opinion, the extra yield investors are demanding from a French 10 year bond has climbed to 111 basis points on the news that she will have to further support her own banks ... hardly surprising when you consider French debt has reached 100 percent of her gross domestic product. That's up from 76% in two years ...

--Decades of unfettered socialism will do that.

however hard the French Nationalists try to spin it, one can only wonder how weak the Franc would be by now if she hadn't joined the Eurozone.

--We’ll see what happens after the whole charade crumbles.