MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘London’

V For Vendetta Speech – Seeds of Revolution! HD

Posted by M. C. on December 19, 2020

https://youtu.be/dKnjxT5HRJQ

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Sugar and Spice and Everything Vice: the Empire’s Sin City of London — Strategic Culture

Posted by M. C. on March 10, 2020

https://www.strategic-culture.org/news/2020/03/08/sugar-and-spice-and-everything-vice-the-empires-sin-city-of-london/

Cynthia Chung

The over 1000 point plunge of the stock market on Feb 27th and broader ruptures of the financial system last week have been yet another wake up call for those who have been contented so far to “live in the moment” of fast money.

Since the 2008 financial crisis, which is considered the most serious financial crisis since the Great Depression of the 1930s, many have not been able to go back to sleep after such a lucid nightmare. Some have chosen the path of stocking up on cans of beans, distilling their urine into water and binge watching survivalists such as Bear Grylls hoping to absorb his skills through television osmosis.

The 2008 crisis put in the spotlight the psychopathic level of greed, vice, apathy and short-sightedness from those who wanted to play into the City of London and Wall Street casino houses. Get rich quick and don’t care who you screw in the process, after all, at the end of the day you’re either a winner or a loser.

Since the general public tends to consist of decent people, there is a widespread difficulty in comprehending how entire economies of countries have been hijacked by these piranhas. That we have hit such a level of crime that even people’s hard earned pensions, education, health-care, housing etc. are all being gambled away… LEGALLY.

Looking upon investment bankers today, one is reminded of those sad addicts in the casino who are ruined and lose everything, except the difference is, they are given the option to sell their neighbour’s family into slavery to pay off their debt.

It is no secret that much of the “finance” that goes through the City of London and Wall Street is dirty and yet despite this recognition, there appears to be an inability to address it and that at this point we are told that if we tried to address it by breaking up and regulating the “Too Big to Fail” banks, then the whole economy would come tumbling down.

That is, the world is so evidently run by criminal activity that at this point we have become dependent on its dirty money to keep afloat the world economy.

Faced with the onrushing collapse of the financial system, the greatest Ivy League trained minds of the world have run into a dead end: the bailouts into the banking system that began this past September have prevented a chain reaction meltdown for a few months, but as the liquidity runs out so too will the ideas on where the money justifying bank bailouts will come from.

With these dead ends, we have seen the lightbulb go off in the minds of a large strata of economists who have been making the case in recent years that valuable revenue can yet be generated from one more untapped stream: the decriminalisation and legalisation of vice.

Hell, the major banks have already been doing this covertly as a matter of practice for generations… so why not just come out of the closet and make it official? This is where the money is at. This is where the job market is at. So let us not “bite the hand that feeds us”!

But is this truly the case? Is there really no qualitative difference how the money is generated and how it is spent as long as there is an adequate money flow?

Well it is never a good sign when beside the richest you can also find the poorest just a stone’s throw away. And right beside the largest financial center in the world, the City of London, there lies the poorest borough in all of London: Tower Hamlets with a 39% poverty rate and an average family income amounting to less than £ 13, 000/year.

A City within a City

Hell is a city much like London

– Percy Bysshe Shelley

Although Wall Street has contributed greatly to this sad situation, this banking hub of America is best understood as the spawn of the City of London.

The City of London is over 800 years old, it is arguably older than England herself, and for over 400 years it has been the financial center of the world.

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City Hall Forbids Developer from Giving Consumers What They Want | Mises Wire

Posted by M. C. on October 16, 2019

Developers are always highly incentivized to identify superior opportunities. They do not need the government to encourage them.

https://mises.org/wire/city-hall-forbids-developer-giving-consumers-what-they-want?utm_source=Mises+Institute+Subscriptions&utm_campaign=3b77c38fa0-EMAIL_CAMPAIGN_9_21_2018_9_59_COPY_01&utm_medium=email&utm_term=0_8b52b2e1c0-3b77c38fa0-228343965

Politicians habitually promise us greater economic prosperity, but their official policies usually contradict their promises. And if you dare to point out this contradiction, you will be ignored, as happened recently in London, Ontario.

First, let’s consider the source of economic prosperity.

Economic Prosperity is Driven by Entrepreneurs and Consumers

John, an entrepreneur, leases a building, buys materials, and hires workers to produce washing machines. If he is profitable, this means he has taken various factors of production – labor, raw materials, land (the building) – and combined them in such a manner that they are worth more as washing machines than the sum of their parts. That is, they’re now worth more to him than what he paid for them. He has created wealth. The new washing machines raise the standard of living of his customers. Profits are the market’s way – the consumers’ way – of telling John to continue doing what he is doing. He is using resources efficiently. Economic prosperity rises.

In contrast, losses mean that John has taken these various factors of production and combined them in such a manner that they are worth less as washing machines than the sum of their parts i.e. less than what he paid for them. He has destroyed wealth. Losses are the market’s way – the consumers’ way – of telling John to stop doing what he is doing. He is wasting resources.

Thus, economic prosperity flows from the efficient allocation of resources as determined by consumers in an unhampered market.

Economic Prosperity According to Government

In contrast, politicians believe the most efficient way to allocate resources is with arbitrary political edicts.

A case in point: City Council in London, Ontario refused a request to amend a zoning by-law to extend the Temporary Use of a developer’s ( Bradel Properties ) downtown property as a commercial parking lot.

City Hall’s report emphasizes “efficient use of land and resources” and says continued use of the parking lot discourages future development. Acceptable downtown development, according to City Hall, includes “retail; service; office; institutional; entertainment; cultural; high density residential; transportation; recreational; and open space uses.” However, “transportation” does not include parking lots because ( report p 6 ):

“The long-term use of the subject property as a commercial parking lot encourages vehicle trips to the downtown, which is inconsistent with the aforementioned PPS policies.”

Accommodating cars is inconsistent with the government’s policy of promoting “transit-supportive” development, based on concerns about climate change. Whether you agree or disagree with the government, it is clear that these policies do not encourage development, nor do they make the most efficient use of land and resources.

In most cities, cars are a far more preferred mode of transportation than the government’s public transit system. If development does not accommodate cars, development will be slow or non-existent. According to one major developer :

“The most important reason London has 700,000 sq. ft. of vacant office space in the downtown is because we do not have enough convenient parking,” said Shmuel Farhi, a top core property owner. “Every spot lost means one less potential new downtown worker.”

Moreover, John Fleming, London’s bureaucrat in charge of planning, admitted :

“It would be a lot easier if we knew that once parking lot permission is withdrawn, somebody would by default develop the land. We know that that’s going to take some time, and in that time, we’re going to potentially have a vacant piece of land that’s not being used.”

Exactly! Fleming’s comment reveals the ignorance of City Hall’s claim that continued use of the parking lot discourages future development. Developers are always highly incentivized to identify superior opportunities. They do not need the government to encourage them. If Bradel believed an opportunity was available to better satisfy the preferences of consumers (i.e. higher profits than the parking lot), the property would have already been developed accordingly…

Can You Plan Your Own Life?

The pinnacle of economic prosperity is achieved only when consumers and entrepreneurs are free to plan their own affairs through voluntary, unfettered association. Any manner of government intervention in these affairs is economically regressive. As George Reisman wrote (p 137–38):

“The overwhelming majority of people have not realized that all the thinking and planning about their economic activities that they perform in their capacity as individuals actually is economic planning. By the same token, the term “planning” has been reserved for the feeble efforts of a comparative handful of government officials, who, having prohibited the planning of everyone else, presume to substitute their knowledge and intelligence for the knowledge and intelligence of tens of millions, and to call that planning. This is an incredible state of affairs, one which implies the most enormous ignorance on the part of the great majority of today’s intellectuals, from journalists to professors.”…

Be seeing you

6 CARTOONS: The Central Planning #BeliefSystem Is Breaking ...

 

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Fewer than one in 20 street robberies and burglaries are being solved by police, new figures reveal

Posted by M. C. on June 18, 2018

The priority is not offending instead of arresting.

ban on online knife sales Online… What about the kitchen drawer? Don’t be surprised when kitchen utensils are registered. I can remember when a US legislator suggested seat belts on motorcycles. Don’t expect much that actually helps.

When the SJWs have everyone reduced to eating with chop sticks someone will be attacked and have their eyes poked out, what then?

http://www.dailymail.co.uk/news/article-5853179/Less-one-20-street-robberies-burglaries-solved-police-new-figures-reveal.html

By PHOEBE SOUTHWORTH

  • Four per cent of robberies and three per cent of burglaries solved in 2017
  • Figures show Rushcliffe in Nottinghamshire has lowest rate of solved crime
  • Meanwhile the most crimes, 26 per cent, were solved in Uttlesford in Essex
  • Only nine per cent of suspects in all crimes are being caught and punished 

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London murder rate overtakes New York’s – BBC News

Posted by M. C. on April 8, 2018

Does that mean more UK knife control laws or looking at fatherless families, government schools, psychotropic drugs, immigrants run wild, war culture, violence culture?

“I cannot understand how things have gotten out of hand,” he said.

Obviously.

http://www.bbc.com/news/uk-england-london-43610936

“Knife crime and violent crime acts like an epidemic, so you need to go in at the source to cut it off and then you need to inoculate the future young people against it...

However, it is a murder rate that has left Mr Logan feeling “absolutely devastated”.

Leroy Logan MBE
Image captionFormer Ch Supt Leroy Logan retired from the Met Police in 2013 after 30 years’ service

“I cannot understand how things have gotten out of hand,” he said.

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Police ‘Don’t Know’ Why Rape Is up 20 Per Cent in Sadiq Khan’s London

Posted by M. C. on March 4, 2018

London’s fate due to UK immigration policy is becoming obvious. Thank Political Correctness, Diversity mongers and Social Justice Warriors. This has been happening for 1500 years London, wake up.

Sex groomers are nothing more than today’s version of Muslim slave traders.  The only “art” they can truthfully claim to have originated.

http://www.breitbart.com/london/2018/02/26/police-dont-know-rape-20-per-cent-sadiq-khans-london/

7,613 rapes were recorded in Sadiq Khan’s London in the 12 months to the end of January 2018, compared with 6,392 over the previous year — a rise of almost 20 per cent, the Evening Standard reports.

Some have attempted to attribute the rise to victims being more confident in coming forward, but Khan’s Deputy Mayor for Policing and Crime, Sophie Linden, has admitted that the figures could point to a legitimate “increase in actual sexual violence and rape offending”. Read the rest of this entry »

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