Mortgage Holiday And Control

A highly cynical description of a government offering 'help'. The illusion is that those desperate homeowners being chased (hounded) by the banks for 'their' money are to be given a respite. The banks were 'given' a paddle to assist the passage up the creek and effectively any repayment they are (not) expected to pay is deferred forever. Taxpayers' money taken and 'used' without permission. Of course, there is no money. Only the 'promise to pay' device. Any ultimate settling will involve £100s billions. Sometime. The future is nebulous and exists only in the mists of imagination. Hidden and forgotten in those mists of time. Anyone borrowing finance from the restocked (with 'money') banks will payback what has been borrowed according to an amortisation schedule. A very fixed repayment plan defining when the loan must be settled. In full. This doesn't apply to the banks. They will repay the loan to the taxpayer:

Sometime

That could technically be never. It'll just get forgotten. All those £100s billions. Just a long string of (meaningless) zeros.

£100s x 1,000,000,000

Significantly, the conditioning has been applied to make people think in terms of billions so the odd few million doesn't seem that important. Of course it is, but it just doesn't appear such a great deal of (virtual) money. The term millionaire is becoming relatively, and very patronisingly, commonplace. To be somebody really important and influential (money shouts very loud) it is necessary to be a billionaire (1000 x 1 million) in 2009.

The repayment of the principal and its attached interest that doesn't exist anywhere, but in principle. A borrower will pay back to the 'lending' bank with interest on money that has already been loaned to another borrower by the lender. A vicious circus of interest when only the banks can win-win all the way... to the bank. The mortgage holiday just stokes up the future-proofed debt. It doesn't cancel it and is a way of deferral with the bonus of increasing that debt. Win-win for the banks. Again. Lose-lose for just about everyone else. Again. The parasite flourishes at the expense of the host and this parasite-host scenario is distributed around the globe as total control (world domination and the subjugation of its inhabitants) becomes closer to reality.

The global population will be allowed to increase under the delusion that more people means more money. The point of no-return has been exceeded where it will always cost more in terms of money than can be 'created'. But the obvious reason is control and subjugation. The minority is one that holds the power-crazed freaks and the medium for controlling the majority is... money.

The concept of greed is self-propelling and the incarcerated become their own gaolers, making it all the easier for the would-be controllers. That the financial system cannot ever be allowed to fail has already been repeated many times. It's always being 'propped up'. And continues to be heard. Tell a lie often enough and it starts to become the truth. Global systems depend absolutely on money, money, money and it's what allegedly makes the world go round. Odd thinking when money as a non-living entity has no power of its own, but only perceived anthropomorphic influence.

The current (New/Old Labour) government clearly doesn't anticipate returning at the next UQ (aka UK Ltd) general election as the borrowing spree to help spring over the next hurdle simply attempts to deflect the tsunami that's already on its way. Deflection will not stop the onslaught. It'll just happen tomorrow and not today. Leave a mess behind as an exit present. The bigger the mess the better. The next 'government' will make noises that it is 'fixing' the problems, but will need years in office to do nothing in particular, but  creating its own set of new (additional) problems. Today's issues dissolve into those mists of time and are forgotten.

Labels

Inflation is only a jargon word, but should be the constant reminder for what it really stands for:

POWER and CONTROL

Inflation And Oil
Inflation Control
Inflation And Control Of The Global People

Government in power and government in opposition close ranks when 'power' (and therefore control) gets threatened. This is the epicentre of the issue. This invasion of parliament to conduct a search of an MP's office at the Houses of Parliament (Westminster Palace) has been criticised for the mechanics of its execution, though not condemned by either half of that power house. The message has been repeated again and again that nobody is above the law. No anti-terror excuse was offered as was no search warrant for that search. Permission was granted to search with a failure to disclose that a search warrant did not exist. If a warrant had been applied for, it was possibly refused on the grounds of its application. Or it was never applied for.

This is tantamount to the politicised
police placing themselves
above the law

Senior policemen are politicians with a uniform that camouflages what lies beneath. Not at all confused, just cynical, threatening and sinister. The control engine flourishes. What will not ever, ever happen is that Buckingham Palace will be invaded. Only the Palace of Westminster. This would constitute an act of war conducted by the government appointed by the monarchy to rule and control the people. In this, the police set themselves way above the law with a free ticket to do as they please.

The army will simply do as they are told by whoever is not in charge.

Until the military has had enough and they take control. After all, politicians cannot be trusted with national security, can they? The clowns in a circus do nothing practically useful except keep the people amused. They divert attention away from Something Wicked This Way Comes.

Power play continues with the citizens of UQ (aka UK Ltd) being the pawns in the game.