it’s a good think the assholes that brought you this can buy shares in our privatised prisons so they can wring some more profit out of us. Especially if they start imprisoning the tax dodgers and, the dole bludgers, the homeless and the unemployed for not being able to pay their debt.
But don’t worry if you have nothing to hide and if you do as you’re told and if you keep your lawn shorn at exactly 2 cm, you should be sweet. Oh, and if you are white, middle class and hard working to make something of yourself of course.
The worst thing really you can do is to start thinking for yourself. That would be a really bad idea. OK! You just swallow our crap go to sleep and we’ll see you right.
Morgan Stanley’s UK equity strategist Graham Secker painted a bleak economic picture for the United Kingdom. In his morning forecast, Mr. Secker warned that UK profits could fall by 60% in the current downturn – a worse performance than the great depression of the 1930s.
“We now forecast UK profits [will] fall by 60% across 2008 and 2009. While this sounds a rather draconian and hyperbolic downgrade, we believe it is realistic and incorporates the big losses that have come to light in the banking sector as well as a sharp drop in commodity prices (oil was $100 last September).
“Our forecasts assume that the banks sector makes around a £20bn loss in 2008 and 2009 and that the insurance sector makes no profit in 2008. The profile is much less severe if we strip out the banks – for example, our model suggests profits for the market ex-financials will fall 24% in 2009 post 15% growth in 2008.
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Tags: Collapse, Depression, Police state
