A Letter to David Willetts, My MP.

                                    Thursday 14 July 2011

Dear David Willetts,

I note that on Monday the 11th, you voted to increase our contribution
to the IMF by 9 billion pounds, primarily to help with the economic
crisis in the Euro-zone.

Please can you tell me how the IMF intend to repay this loan, given
that the countries in trouble (for instance Greece) are certain to
default on any money loaned to them?

If the countries the IMF loan to defaulted, would the IMF themselves
default our loan to them, or are they still required to repay it? If
so, how would they raise the finance to repay the loan?

I would also ask you to confirm whether the money provided for this
loan by the government requires the UK exchequer to pay interest on it.

Yours sincerely,

Lets see what sort of reply I get... probably a simple fobbing-off, but you never know.

What made Murdoch Mortal?

The thought at the back of my mind throughout all of the media storm about News International is: what has made Rupert Murdoch so mortal?

For decades he was untouchable, the kingmaker, his support was essential for political success. Politicians crossed him at their peril, lest some tidbit of scandal about them was dragged out into the public domain.

Just how have things turned round so quickly and so fully? What has given our politicians the confidence to go head-to-head with Murdoch and in effect win, given that News International are backing out of the bid for control of BSkyB? What do they have on Murdoch that has wounded him so mortally?

There is more to this affair than meets the eye.

The really serious thing that has been highlighted this week is the unholy alliance between politicians, the press and the justice system. Our elected representatives have for a long time been too cosy with the people that control the media and our justice system in the form of the Police and the CPS are also wrapped up in the cosy cabal.

The prime example is the initial investigation into phone hacking which went nowhere, thanks to limited terms of reference and lack of political and media support. It was destined and probably designed to fail. Months later we now know that the problem was a whole lot broader than the hamstrung inquiry could investigate.

Its quite clear the Politicians, Paparazzi and Police swim in their own cosy cesspool.

Cleaning it up will be a major task, one that the current political system will be unwilling to undertake. We need new brooms to sweep away the shit.

EU Debt and Bail-Outs: A Legal Avenue to Persue?

Our Parliament has just agreed giving an additional 9 Billion pounds to the IMF which more than likely will be channelled into extending the Eurozone crisis. Both EU Referendum and Subrosa have commented on this.

Right now, everyone knows that the countries in the worst positions will default. Certainly Greece will: its inevitable, because the austerity measures required by the IMF bail-outs on their own won't repay the money lent to them. So, there's going to be a default and everyone knows it.

So why then, would our Parliament approve giving away the money with little expectation of it being repaid?
If we are going to be repaid, how would the IMF do it? If Greece can't pay it, would the IMF have to increase the cost of loans to other countries like African or Asian ones ( the poorest in the world) to make up the shortfall? Does anyone think thats fair?

Finally my point: If there's no hope of the money being repaid, is there any legal process that can be invoked such as a judicial revue to stop the money being paid?

If a judicial revue is out of the question, is there any legal mechanism whereby those MPs that voted for the loan can be made liable for their portion of it?

If there is no way we can make these people immediately liable for their actions, then we have no democracy. It makes me feel sick that they can carry on borrowing money that my children and grandchildren will have to repay and give it away just like that, without any sanctions.