⚕️Against the Outsourcing and Asset Stripping of Public Services ⚕️#FBNHS 😊 THREADS LINKED HERE ▶twitter.com/search?q=%23t4…
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ONLY new government spending can increase private sector’s net savings. Taxation does the opposite.
Every £ comes either from government spending (adding to total government debt until taxed back) or from bank lending (creating deposits but no extra wealth overall).
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
This video is not from Gaza and it’s not new.
It’s from Jordan, March 2020. Young people staged a fake funeral to break the COVID curfew. When a police siren sounded, they dropped the stretcher and ran — including the guy pretending to be dead.
Same clip has already been fact-checked by Reuters, AFP, AP and PolitiFact every time it gets recycled (2021, 2023, now 2026) as “Gaza Pallywood.”
Old Jordan lockdown stunt ≠ current Gaza casualty footage.
Check the source before you caption it.
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Soon enough those politicians and media figures who’ve stopped us taking action against climate change will have millions demanding they are jailed.
Many are funded by the fossil fuel industry. All are stupid.
They’ve made a major, major mistake.
Los sanitarios (médicos y enfermeros) que están de guardia en los pueblos los fines de semana (y entre semana) están para todo.
Mirad el coche del SESCAM del pueblo de Madrigueras (Albacete), artasado.
Se juegan la vida por los demás.
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Labour stage managed their conference… they managed the messaging on Palestine( no debate) and they refused to allow a debate on Water
The result is Pensioners continue to be arrested protesting genocide and water companies remain in private hands….
“Hope again” = conned again
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Green Leader @ZackPolanski ends his conference speech hand in hand with Brighton MP Siân Berry, and Hannah Spencer MP!
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To summarise… the central banks need to sustain bond yields to profit investors whilst they enact a monetary ritual of raising interest rates to be seen as doing something, however ineffective it would be to tackle inflation (caused by increasing energy prices)
Read it and weep. Westpac's own economist admits rates and electricity prices don't respond to the OCR, then recommends hiking the OCR anyway. That's not a plan, it's a ritual.
Here's what actually happens. Mortgage holders get squeezed. Renters get squeezed as landlords pass on higher costs. Construction and retail workers lose shifts and jobs. Meanwhile bondholders collect fatter interest payments, funded in large part by the government itself. You've just built a machine that transfers income from people with debt to people with assets, and called it fighting inflation.
Ranchhod even admits the real driver is council infrastructure spend and cost-plus pricing in uncompetitive sectors. None of that gets fixed by making a first home buyer's mortgage more expensive. It just adds insult to injury.
Call it what it is. An uncomfortable but necessary trade-off, where the discomfort is yours and the necessity is the bondholders'.
The Reserve Bank will need to raise OCR by more than it assumed, Westpac senior economist Satish Ranchhod says, due to 'ongoing sizable increases' in administered prices interest.co.nz/economy/14048…
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Read it and weep. Westpac's own economist admits rates and electricity prices don't respond to the OCR, then recommends hiking the OCR anyway. That's not a plan, it's a ritual.
Here's what actually happens. Mortgage holders get squeezed. Renters get squeezed as landlords pass on higher costs. Construction and retail workers lose shifts and jobs. Meanwhile bondholders collect fatter interest payments, funded in large part by the government itself. You've just built a machine that transfers income from people with debt to people with assets, and called it fighting inflation.
Ranchhod even admits the real driver is council infrastructure spend and cost-plus pricing in uncompetitive sectors. None of that gets fixed by making a first home buyer's mortgage more expensive. It just adds insult to injury.
Call it what it is. An uncomfortable but necessary trade-off, where the discomfort is yours and the necessity is the bondholders'.
The Reserve Bank will need to raise OCR by more than it assumed, Westpac senior economist Satish Ranchhod says, due to 'ongoing sizable increases' in administered prices interest.co.nz/economy/14048…
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The “Zionism is racism” motion is going to be the focus of the news cycle over the next few days.
I did this thread nearly 4 years ago - based on reading an excellent article about the origins of Zionism.
#Zionism a THREAD 🧵 1/x
The history of the State of Israel, and the Zionist movement in Europe, ethnically cleansing most of mandatory Palestine by 1948. This history is crucial to understanding the colonial domination that exists in Palestine today. 📖
rs21.org.uk/2014/08/21/the-o…
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
I did a thread referencing a great article about the history of Zionism.
The key period that most people ignore was the 1880s through to 1922.
The horrors of Nazism and the Holocaust, which came later serve as “the need” for the creation of a new Jewish state… but that misses so much that preceded.
#Zionism a THREAD 🧵 1/x
The history of the State of Israel, and the Zionist movement in Europe, ethnically cleansing most of mandatory Palestine by 1948. This history is crucial to understanding the colonial domination that exists in Palestine today. 📖
rs21.org.uk/2014/08/21/the-o…
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
The expertise already exists within the NHS - no need to go out to any UK commercial company (which will only be bought out by a USA Tech Fascist anyway).
Been told by NHS Doctor heading Data protection that in London they already have their own version of a FDP that works.
EXC: British govt is searching for a UK alternative to Palantir, as the PM’s “buy British” push triggers hunt for homegrown replacement for the controversial US software group in NHS and MoD
Ministers have identified a handful of UK technology companies they hope might be candidates to take over the health service’s Federated Data Platform, as they consider applying a break clause in Palantir’s contract in March next year, people familiar with the matter told the FT
A defence minister has also told parliament that the govt is sounding out alternative suppliers for its MoD contract
w/ @Smyth_Chris & @Laura_K_Hughes
ft.com/content/9a6e17fe-55e4…
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
The evidence points to a political economy that channels wealth into housing and land, privileges mortgage finance, leaves productive firms short of patient capital, tolerates concentrated markets and weakens the public capacities on which productivity depends.
The elephant is not simply low productivity. It is the neoliberal system that makes extraction easier than production—and then invokes the resulting failure to demand austerity.
Productivity Is Not a Licence for Austerity keenlens.substack.com/p/prod…
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Enjoyed having it out with Lewis Goodall & Jon Sopel on @TheNewsAgents about Zionism = racism.
From the Green Party conference.
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
This is Albacete, Spain, 2nd October, 26.
Please can you push for your outlets to finally treat the climate crisis as the unprecedented global emergency scientists say it is.
The anger from the public at the media’s decades of lack of honest reporting will soon be immense.
@piersmorgan @TomSwarbrick1 @vicderbyshire @jonsopel @maitlis @Emmabarnett @tombradby @WilfredFrost @CliveMyrieBBC @amolrajan @SophyRidgeSky @TVNaga01 @afneil @OborneTweets @JohnSimpsonNews @richardpbacon @rickedwards1 @MickBooker @MartinDaubney @PatrickChristys @carolvorders @bbcvickiyoung @KamaliMelbourne @BBCsarahsmith
@krishgm @tombradby @skynews @itvnews @ITNProductions @adamboultonTABB @KayBurley @alexberesfordTV @kayeadams @rachelburden @bbcnews @skynews @ShelaghFogarty @bbcnickrobinson @tomhfh @susannareid100
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If Noam Chomsky was interviewed by Amol Rajan -
Methi 🇵🇸 🇵🇸
"That's not the full context, is it? Because the full context starts way before October 7th, doesn't it"
Gary Lineker (sports presenter) has to explain the facts to Amol Rajan (journalist & presenter of Radio 4's flagship news program)
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Trump moves 9,000 troops to Middle East after threatening to hit Iran ‘very hard’.
To distract attention from economic failures, court rebukes, tariff and press wars, self-aggrandizement, inhumanity, corruption.
US Congress and Constitution has failed.
independent.co.uk/news/world…
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Great read on the NZ fiscal debate, and it dovetails with something the "debt burden" crowd never explains. Government debt isn't a loan from the future. It's not a loan from anyone who isn't us. Every dollar of Crown debt is a dollar of private sector savings, a bond sitting in someone's KiwiSaver, someone's super fund, someone's bank balance sheet. Pay it off and you don't free the kids from anything. You just extinguish an asset they'd have inherited.
The power station analogy makes it clear. Debt without the asset is a cost. Debt with the asset is a balance sheet, not a burden. Treasury's OBEGALx doesn't know the difference, and neither does the headline writer.
So no, we haven't saddled the next generation with debt in any meaningful sense. We've handed them a set of IOUs that are also someone's savings, alongside whatever we actually built or failed to build. Count the pipes, not just the ledger line pretending to be the house.
The tragedy of NZs ‘conventional wisdom’ tadhgstopford.substack.com/p…
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Breaking News!
y-Axis Alert!
With yesterday's preliminary Niño 3.4 sea-surface temperature spiking to a new record at 29.975°C, the y-axis was raised to 30.5°C.
Meanwhile, the Niño 3.4 anomaly now sits at 3.33°C above the 1991-2020 baseline.
Until tomorrow ...
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The more I watch this, the more I realise that Amol Raman isn’t an honest broker and that Gary Lineker is a saint.
"That's not the full context, is it? Because the full context starts way before October 7th, doesn't it"
Gary Lineker (sports presenter) has to explain the facts to Amol Rajan (journalist & presenter of Radio 4's flagship news program)
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ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
What if fiscal headroom doesn't exist? youtu.be/Xp-pnyJU_n4?si=vny3… In the run-up to the Budget, there is going to be a lot of talk about fiscal headroom, but the reality is that this is just a figment of a Chancellor's imagination, just as fiscal rules are.
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