Telegraph: Reports that the UK Treasury has created plans in the event of a Euro failure, the UK Coalition Government would place capitol controls on money in out of the UK. This is like something out of the UK in the aftermath of World War Two folks, limiting funds people can place and take out of the UK, lets hope the Eurozone Countries get their act together, this blog is going to start looking at buying gold. If the Euro fails folks the EU would come under threat, but the cost of keeping the Euro from going down the toilet could be years of harsh austerity, think the 1950s in black and white but worse, yes folks it could get that bad, at some point there will have to be a managed default of the PIIGS, but not yet, any rash actions could lead to a downfall, this blog would not be surprised if Spain placed capitol control at the end of the year, as the first step to a return to native currency, big economic news expected out of Spain on December 30th folks. Lets wait and see folks.
Tuesday, December 27, 2011
Titanic, A Survivor’s Story
A remarkable first hand account of surviving the sinking of the Titanic, the book was written in 1912 by Colonel Archibald Gracie, a first class survivor of the sinking. What is so great about the book is that the Colonel traced his action on that infamous cold night but also of others. The language is simple, and direct, this blog bought the book on Boxing Day and so far has read 92 pages, it is a page turner. Colonel Gracie to his last breath; the suffering of that night lead to his death in December of 1912; followed the US and UK investigations of the sinking, and talked to surviving crew and passengers, thus his book gives the reader an insight in to the actions of people on the ship that even this blog didn’t know about, and this blog counts the Titanic as a hobby. The biggest mistake in the book that this blog has found is the fact Colonel Gracie didn’t think that the Titanic split in two, but to be fair, he was underwater and swimming to save his life, when he came up the Ship has gone. The truth about the split only came known when the wreck of the Titanic was found, before that even this blog thought she would be found intact and with her watertight compartments could even be bought up. This book should have been made in to Film or TV mini series, its that good folks. Thank goodness Colonel Gracie was such a good writer. It should be noted that the Colonel did stress the actions of 1st Class passengers, third class hardly gets a look in so far of reading. But considering it was written in 1912, its an excellent analytical account of the sinking, a worthy read in 2012, a hundred years since the sinking.
Monday, December 26, 2011
End of Year - David Cameron
Guardian: Has the following editorial on David Cameron and Ed Miliband, on Cameron, “ ..the public is still smiling on the man at the helm. …..message of today's….poll ….that will bring the prime minister some seasonal cheer ”. The Coalition Government under PM David Cameron has had deal with the mess left behind by the Blair/Brown years. The UK voter understands that next year could be tougher than 2011, it can be argued that unemployment will go up, growth in the economy could be negative or very limited. If the Euro goes down the toilet it could mean that the UK economy could retract, thus more welfare spending. As with always the case with Labour, they promise a lot but leave a mess, just ask Lady Thatcher on the social problems caused by her 1st Government having to clean up the mess of the previous Labour Government. Also lets be honest the UK voter likes having someone who went to Eton as PM, Tony Blair went to the Scottish version of Eton. The class system has not gone from the UK folks, its deep with the DNA.
The Sinking of the Belgrano - Falklands War
Telegraph: Reports that the most controversial aspect of the Falklands War; the sinking of the General Belgrano on the authority of the Lady Thatcher; was justified a new book shows, signals evidence supports the fact that the Belgrano was heading back in to the conflict. This will make Guardian readers have a fit, the left never wanted the War, they would have given up the Islands. It shows that Lady Thatcher was an excellent War Leader, also despite coming under left wing attack the Lady never used the signals fact to support her decision, Lady Thatcher was willing to take the political attack to defend UK National Security. The Lady made mistakes, but on whole the greatest PM since Sir Winston Churchill.
Saturday, December 24, 2011
Death in the UK - Afghanistan Theatre
MOD: Reports that a member of the RAF has died in the UK of wounds sustained in Afghanistan. Thus since 2001 the UK has lost 393 of its Armed Forces Personnel in Afghanistan, of that total it has lost 349 in combat action and 44 due to illness, accidents or other incidents.
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