It can only be solved by calling for more austerity:
Concerns the UK is “triple-dipping” back into recession rose on Friday, as a closely-watched gauge of the services sector showed output fell for the first time in two years.
Markit’s purchasing managers’ index (PMI) threw up a reading of 48.9 for December, where anything below 50 signals activity in the sector contracted.
Nick Beecroft, an analyst at Saxo Capital Markets, called it a “pretty disastrous” result.
And what of the architect of “Fleeced in our time“, George Osborne? Well he’s be busy belittling people needing assistance…by trying to reduce the same.
My own research has found benefit claimants desperate to work, whose persistent efforts to find employment clashes with Osborne’s characterisation of those on welfare “sleeping off a life on benefits”.
He’s like a pasty non-tearful John Boehner.
By all means let’s do that here, triple dip recessions are clearly awesome.



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Sucking on the tit of U.S. gov.,flying to U.K. for a nap, then back to U.S. and repeat. Where do i sign up? Are they daring us to break out the pitchforks and torches? Mine are ready. :)
Maurice R. Greenberg and AIG are daring us, double-daring us and triple-daring us.
AIG is going to sue the United States. For bailing it and Wall Street out in exchange for it worthless “assets”. They want billions in “damages”.
“Thank You America”. This is a level of financial perfidy unseen in the entire history of the world.
Even as we speak, economists at the University of Chicago are proving MATHEMATICALLY that there was no implosion and the economy is booming.
http://youtu.be/Yw051sNJp3c
Thanks, attaturk, what great opportunities the ideology of the wingnut presents, to make life harder for the workers whose spending we depend on for prosperity.
Perfidy is prohibited by the Geneva Convention. Ruses of war are not. See,all better, they’re just ruseing us. I’m afraid they just declared war on us, No?
A ruse by any other name would smell as sweet.
We are indeed fortunate that AIG has branch offices all across this great country of ours. Don’t think DHS will allow pitchforks or torches as carry-on luggage.
Truly entrepreneurial. I foresee charges of incompetent lawmaking, for loosening regulations to allow the toxic assets they peddled.
Austerity while wasting trillions of dollars out tailpipes? Lets see, we have the internet. We have wonderful cell phones. We have this and that but still continue to send trillions of dollars into the atmosphere, with nothing but negative effects on the environment and economy in return for transportation.
I submit “austerity” and cuts are in the wrong places. The resources American’s and Brit’s waste driving, the gross inefficiencies in potential energy used over multiple generations is the biggest tax on life. The tax and drag on “life,” concerning transportation, is akin to alcoholism, where the negative consequences of a behavior, in this instance an economic monopoly are never addressed, yet Americans and Brits are driven off cliffs, to protect such monopoly.
This is a con job! It is called protect the
slave-ownersmonied interests and their business models, while using austerity to drive the suck pump deeper and extract more cash from an already drawn and quartered consumer, while maintaining a servile monopoly on energy.Austerity is exasperating an extinction event by design. It is salt in a gaping bloody wound inflicted on America by our own.
Great job….
There will always be Masters and slaves. I believe our true Master is Mother Earth. If the slaves revolt and kill the master, another will come along to replace them. I don’t think we will kill Mother Earth; she will take care of us and eliminate the threat. Hang on to your hats, it’s going to be a bumpy ride. Off to work, hope this conversation is continuing when i return. Thank you so much Attaturk for beginning it.
That is truly irritating.
This is what we get for not filing criminal charges against AIG executives. And for not running AIG “quick trip” through bankruptcy court to zero the prior stockholders and issue new stock.
Boxturtle (Obama, of course, will apologize to AIG)
The runoff from fracking and tarsands is poisoning us and the other critters, not quite what ‘Peace on Earth’ was meant to be by its original thinkers.
Exacerbating perhaps? I can’t stand self correcting spell checkers.
While I don’t disagree with the thrust of what you said, what good is the internet to those with manufacturing jobs? There is a need for personal transportation but it can certainly be used much more efficiently. For example, it annoys me when I see an automobile idling in a parking lot so the interior stays cool while it’s owner is in the grocery store or getting a hair cut. We need to stop celebrating ostentatious consumerism.
It’s a game between the carbon interests and the Uranium interests to see whos product kills more of us first.
Boxturtle (Meanwhile, solar gets cheaper and more efficient)
And find a way to surrender half the compensation they want.
And use that as an excuse for more austerity. Catfood for everybody!
Gotta go to work.
Think of all the living spaces being kept at optimum temps all day so the owners can come home to air at just the perfect degrees. Who wears a sweater instead of turning up the heat? (Raises hand.)
Good morning, pups. Today we’ve got Brooks, Cohen, Nocera and Bruni. Bobo thinks he knows “Why Hagel Was Picked.” He squeals that as our budget braces for Medicare’s tyranny, we just need a good overseer to manage the inevitable military decline. Jesus… Mr. Cohen, in “Israel’s True Friends,” says the Hagel nomination will spur a much-needed debate in America on what constitutes friendship toward Israel. In “Bloomberg Takes on the N.R.A.” Mr. Nocera says the country needs New York’s mayor to lead it to a saner gun policy. Mr. Bruni, in “For Each Age, Its Agonies,” says “This is 40” and “Girls” uphold the tradition of deeming your own juncture of life the most significant of all.
Here they are.
The coffee, tea and hot chocolate are ready, and I’ve got sweet potato muffins with raisins today. I hope that Charles Pierce takes on this POS by Bobo… This morning I’ve also got to fill the bird feeders, before they start getting together and pulling an Alfred Hitchcock on us. Have a great day.
Hope you’re all better now.
I have three large dogs and two cats. I am never cold.
Boxturtle (Though sometimes I feel oddly confined)
Thanks, Marion, cutting weaponry back to rational levels makes Bobo feel all unprotected from libruls.
The blankie that comes when called.
And just to make everyone’s life more perfect here’s an article in the Times today about how the oil sand industry in Canada is tied to higher carcinogen levels in surrounding lakes. But let’s, by all means, have that pipeline…
Well, it’s either fear of eeevil libruls or it could be, well, his concern for the national wing-wang… If only we could get America a really big truck to drive instead of all those guns maybe Bobo would feel less like he’s losing his manhood.
AIG got caught holding the “bag,” while others played the short. AIG had to pay to claims on the CDOS MBS, which did not do so well as expected, after being rated AAA, by rating agencies. They “madeoff” with the cake and ate it!
“This is what we get for not filing criminal charges against AIG executives.” Yes! and…
This is what we get for not throwing SP, Moody’s et. als. in jail with Wall Street execs after acting in collusion with the big houses to sell fraudulent investment vehicles? January of 2007 a barrel of oil was $56.51. Yup America was defrauded of trillions….
July 4th, 2008 a barrel of oil was $147.50. Speculation drove the price of energy to the economy’s tipping point. Who was responsible? The same investment houses selling fraudulent products, from Wall Street, rated triple AAA? A scam!
So how many from Wall Street have been cuffed and stuffed? Clearly, not enough. Wall Street protects their own, while eating everyone else then picking and flossing their teeth with rib bones.
Gasoline was $2.83 in parts of Colorado yesterday. Still, wasting 80% of that $2.83 right out the tailpipe? 80 bucks for every hundred dollars spent on gas wasted?
Don’t think.. Pump gas go shopping….
Yes and yes. Conditioning on a massive scale.
What in life can waste 80% of it stored potential energy and live? Not much.
“We need to stop celebrating ostentatious consumerism.” That little black box in every home…..
One dog alone can do that. LilMissApplausePee is lodging with us while our neighbor is recovering from pneumonia. That mutt’s level of neurotic insecurity has riven the Pillow household. Just like Paul Masson, she will serve no whine before its time. It’s just always servin’ time.
His manhood requires lots of protection from readers, I recommend a Safe Room, without communication facilities.
Sounds like separation anxiety. Lots of vigorous play might at least let you all get some rest.
And no, she cannot sleep in our bed. A queen size bed is far too small for Stony, the missus, LilMissApplausePee and that mutt’s drama. She didn’t stop mewling and puling until well after midnight.
I’ll try it after work tonight. Sounds like a good idea Might work. Worst case, maybe it’ll get me tired enough that I’ll sleep through the barrage. Thanks for the advice.
You know, I do not have one…been about a year. I am amazed at how little I miss it…though will likely replace it sometime. Has been
an interesting experience.
actually, it has, the goal is to redistribute middle class assets into the hands of the puppet masters, all the while getting the middle class to actually lobby for the process
that goal is being attained quite nicely thank you very much
IF our home crashes, how will we find out what caused it if we don’t have a black box recording everything that happens in said home?
I have to make room every night for a husky and at least one cat. You’re not trying hard enough!
Boxturtle (When wife is gone, I end up with 3 dogs and 2 cats and no room for me)
NSA needs to know what you’re thinking
My reference to internet and cell phones was along the lines of technological advancement concerning IT vs the 18-20 percent inefficient Internal combustion engine. Not jobs…
In fact if America decided to initiate a war on energy, compared to a war on people and states to protect strategic oil’s interests and business model, America would be decidedly better off. To me this is would be like protecting the drug dealer that is raping your daughter. Not much different from when “heroin” the drug of choice started taking the sons and daughters of mafioso bosses, to the grave early via overdoses.
Diminished opportunity, one might say!
And Timmeh G will be back in the private sector to testify against the government for AIG.
Sweet
Through the looking glass.
Will our Labor sector stand with us when our Democrats attack our safety nets. In July of 2011 they DID.
But during the recent ‘chained CPI’ shake up, they seemed to hover in the background, while Reid saved the day.
Can we count on our Labor leaders?
Like the other guy working for citi bank?
The audacity of hope.
Me, too. My cut-off point for raising the heat is when my hands get cold. I could wear those mittens with holes in the fingers, but that is just a bridge too far for me.
Most rich people are stupid. Most powerful, rich people are paranoid and/or narcissists and actually receive pleasure from other peoples pain hence Austerity for all but the top .01%ers.
O yes, comrade. But you see, a con is an expression of intellectual superiority. The mark deserves to be taken. This evil too has it’s intellectual justifications. Those who will be genocided deserved their genocide … because they weren’t smart enough to see it coming.
Evil.
And compradors definitely don’t want to grasp this. But the big question, comrade, is why don’t pwoggies?
Smart ass answers like, they’re just ultimately stupid, well, that’s just stupidity squared, comrades.
I’m looking at you, comrade brains.
Other than obscure proposals interlaced with terminology and monikers from the communist manifesto what do you add to our fund of knowledge and just what is your action plan. p.s. Your gaze in my direction has no effect.
Well, just ask other comrades, since you can’t see for yourself.
Yes, this is what all the wise liberals will tell you. Do not risk revolution because it will only result in another tyranny. And this is a fraud.
Not because I can affirm it will not result in tyranny. But because there is already a revolution going on which will.
So, will mother be bereft or will the children grow up?
O, they watch our theater … and we watch theirs.
The question is, can we blow their minds?
And the smart-asses who assume we choose suicide can speak for themselves only.
So you’re action plan to solve the important issues of the day is….what??? Or do I have to ask other comrades.
I meant the threat to Mother Earth is us and she will eliminate our threat to her survival. If she is no longer strong enough after we rape and pillage her,it will not matter for we ALL go up in a cloud of smoke. We had better look deep inside for the strength to change our ways before it’s too late (if it’s not already). We were given the perfect environment to thrive and flourish and look what we do. :(
I suggest that is not the kind of mother we all want – that her sentence is always death. Or a mother of kids that cannot do but require execution.
In other words, humanity is killing itself.
Yes, but their answer won’t be “my” plan.
Everything does have a beginning and an end. Our sun certainly does according to people in the know. Only time will tell, but i think we should’t go down without a fight. Funny, this diary was about austerity and we talk of the end of humanity!
Well, that’s sorta been the consensus. Thing is, one class who’s humanity is doubtful is perfectly willing to exterminate another. There’s the connection between austerity and “the end of humanity”.
An old friend of mine, after returning from his 2nd “tour” of Vietnam, told me it’s hopeless.I asked why. He said ” everyone needs someone to hate”. I just hope the human mind can finally come to grips with the fact we are all brothers and sisters on this very small, fragile planet. PEACE
And did he return to kill or did he quit? That will show you the worth of such “natural law”.
Humans need not exterminate nor hate, comrade.
He quit his killing but always had that very serious chip on his shoulder. No one but himself knew the nightmare he is living(lived) the rest of his days. I haven’t kept in contact. Hate is a very powerful enemy. Is that why love is hard? PEACE
Goodnight and good luck. PEACE X 2