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Blain: The UK’s Monumental Policy Mistake – How Bad Will It Get?

Posted by M. C. on September 26, 2022

Tyler Durden's Photo

BY TYLER DURDEN

MONDAY, SEP 26, 2022 – 08:25 AM

Authored by Bill Blain via MorningPorridge.com,

Kwarteng’s response to the mayhem? “I don’t comment on market movements.”

Fair enough. When you know nothing and people suspect you are an idiot it’s best to stay quiet so as not to confirm it.

But is he aware of the consequences of what he’s done? 

https://www.zerohedge.com/markets/blain-uks-monumental-policy-mistake-how-bad-will-it-get

“This is the man who bet it all on Red and it came up Black…”

What a mess. Kwasi Kwarteng’s Special Fiscal Operation failed to stabilise UK markets and has zero prospect of driving growth. The new government stumbled at the first jump. How bad will it get? What are the implications? Who is next for the Chancellor’s job?

There are policy mistakes, and there are Policy Mistakes, but few compare to the market Judder on Friday morning…. In terms of screaming, all-in POLICY MISTAKES new UK Chancellor Kwasi Kwarteng’s not-a-budget, his “Special Fiscal Operation”, went down about as well as a battalion of Russian chocolate tea-pots on the road to Kyiv. It was moment confidence in the UK’s Virtuous Sovereign Trinity snapped. Sterling Crashed. Gilt yields capped wider.

It ain’t over yet, this morning Sterling traded below 1.03 for the first time ever during an Asian flash crash. I will post regular updates on the comments page and Twitter as this crisis unfolds. The working assumption is even if Gilts and Sterling stabilise – the damage is already done. Expect… volatile politics and markets.

This is going to be a critical week for sterling. There are calls for the Bank of England to jump in with a 100 bp rate hike and currency intervention to stem the crippling currency losses. There are even rumours of yet another internal Tory coup being scoped in Westminster. Ministers trying to talk up export prospects on the back of the currency collapse knew they were defending the indefensible – the UK is a re-exporter and is importing further inflation at speed.

I warned three weeks ago that new UK Premier Liz Truss and Kwarteng had “5 days to Avert a Confidence Crisis in the UK”. She got a time extension because of the Royal Funeral. Turns out I was right to worry about markets. On Friday morning it happened – a 0.7% jump in Gilt Yields and the 3% tumble in Sterling. The response to the not-a-budget confirmed just how badly market confidence in the UK’s political competence, sterling stability and gilt market sustainability has been shaken.

Kwarteng’s response to the mayhem? “I don’t comment on market movements.”

Fair enough. When you know nothing and people suspect you are an idiot it’s best to stay quiet so as not to confirm it.

But is he aware of the consequences of what he’s done? The UK’s reputation for fiscal prudence has been sacrificed on the altar of political expediency. This is going to hurt. The weekend analysis was harshly critical – it was right to be so. Dr Doom, Nouriel Roubini, tweeted “Truss and her cabinet at clueless.” Former US Treasury Secretary Larry Summers said the UK will be remembered for the “worst macro-economic policies of any major country in a long-time..” He called the policies naïve, and the UK was an emerging market turning into a submerging market. I could fill the rest of this morning’s Porridge with similar negative punditry and doomster soundbites from analysts presenting variations on the same thing.

If there is a single positive economic comment written by someone not called Patrick Minford or Gerald Lyons – please post it in the comments section, because I can’t find it.

See the rest here

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The UK Government’s Official Data Shows They Made a Huge Mistake

Posted by M. C. on July 18, 2022

They should EITHER admit their data is garbage or that the vaccines should be IMMEDIATELY halted for ages 10 to 14. Ideally, they admit BOTH. Practically speaking, they will do NEITHER.

UH OH!!! The UK government now has a huge problem. A triply vaxxed child is 45 times more likely to die than an unvaccinated child. That makes the vaccine the biggest child killer ever deployed by any government and makes COVID deaths look like rounding error (45X vs. 0.05X).

The key word here is “government”.

By Steve Kirsch
Steve’s Kirsch newsletter

https://stevekirsch.substack.com/p/are-the-uk-ons-covid-numbers-believable?utm_source=substack&utm_medium=email

UH OH!!! The UK government now has a huge problem. A triply vaxxed child is 45 times more likely to die than an unvaccinated child. That makes the vaccine the biggest child killer ever deployed by any government and makes COVID deaths look like rounding error (45X vs. 0.05X).

Executive summary

I was inspired by this article in the Expose to take a look at the latest UK numbers.

The numbers can be found by downloading the latest dataset (the May 2022 numbers) found on the official UK ONS site.

When I did that, two things jumped out at me:

  1. The “UK numbers are garbage” is confirmed once again by this dataset.
  2. If you believe the UK numbers are right, then you should be jumping up and down and IMMEDIATELY BE DEMANDING a halt to the vaccines for ages 10 to 14.

Details of both claims are explained below.

But here’s the punchline: there is simply no way out of this for the UK government. They must pick either 1 or 2. They must either confirm their numbers are garbage or they must call an immediate halt to the vaccines for 10 to 14.

The UK press should force them to choose which way they want to have their credibility decimated.

My suggestion: They should come clean and admit to both.

Here are the details for each of my assertions.

The UK numbers are garbage

First of all, compliments are due to the UK government for exposing the data. The US government doesn’t expose any data nearly this detailed so it’s impossible to do the proper analyses on the US data because there is no data to use.

The UK government seems to be not including the most interesting metrics to assess safety and efficacy. The Expose points this out; it seems when the numbers work against them, they either stop reporting the data entirely, stop breaking it out, or in this case, not doing the calculation of the deaths per 100K person years so that only more motivated people will take the time and see that there is a huge problem.

For your convenience, you can download my annotated version here. Go to Table 6. My annotations are in Column G. The important numbers that we’ll use below are in red.

We see that the all-cause mortality (ACM) rate for ages 20-24 is reduced by a factor of 2 (compare G21 vs. G28).

That’s impossible! The vaccine isn’t a fountain of youth. It is only claimed to reduce death from COVID, not eliminate deaths from all known diseases.

According to the unvaccinated Row 21, only (43/378) = 8.3% of the deaths are from COVID. So if you have a PERFECT vaccine, ACM can only go down by 8.3%. It cannot go down by 50%.

This is similar to what Professor Norman Fenton has pointed out in his July 13, 2022 article: the COVID vaccines aren’t a fountain of youth but that’s exactly what his analysis found as well.

This is no surprise and isn’t new. I noted this in my May 5, 2022 article when I tried to use the UK data in calculations I found most of the UK ONS data was unusable because it simply made no sense. This is why I chose the row that I did in that particular analysis.

Producing garbage data and then using that garbage data as a basis for public policy is a huge embarrassment for the UK government.

So therefore, their official response will be to label me and Professor Fenton as misinformation spreaders and ignore us. Problem solved!

Well, not so fast.

Because if the UK data is accurate then…

Read the Whole Article

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Watch “Canada’s Freedom Convoy Is A Worldwide Political Tsunami” on YouTube

Posted by M. C. on January 31, 2022

Millions of Canadians, led by working class truckers, have put their foot down on the political class that has kept them hostage for the past two years. The media hacks scream “extremism” but the movement is going worldwide. Also today – Fauci says three jabs for your kids; Malone disagrees – who do you trust? And UK health workers see the end of the vax mandate.

https://youtu.be/h-BY4DntQi8

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You will NEVER be “fully vaccinated” – OffGuardian

Posted by M. C. on December 16, 2021

It’s time everyone realised they are chasing an intentionally impossible goal that will be pushed back over the horizon, forever.

https://off-guardian.org/2021/12/14/you-will-never-be-fully-vaccinated/

Kit Knightly

Yesterday, in a statement to Parliament on the UK’s planned “vaccine passport”, Health Secretary Sajid Javid admitted the NHS Pass would require three shots for you to be considered “fully vaccinated”.

“Once all adults have had a reasonable chance to get their booster jab, we intend to change this exemption to require a booster dose,”

While many of us predicted this would be the case, it is the first time any British politician has actually said it out loud, and in front of parliament too.

This incredibly cynical “evolving definition” of “fully vaccinated” is not a new phenomenon, and is not isolated to the UK either.

Israel changed their definition of “fully vaccinated” to include the booster months ago. New Zealand’s ministry of health is “considering” doing the same, as is Australia.

The EU isn’t far behind either, with proposals in place to make travel dependent on having a third dose.

The US hasn’t formally adopted a new definition yet, but you’d have to be blind not to see the signs. Just yesterday the LA Times headlined:

Should the definition of ‘fully vaccinated’ be changed to include a booster shot?

An article on Kaiser Health News asks the same thing.

Tony Fauci is quoted in the Independent as saying it’s only a matter of time before the definition is updated:

“It’s going to be a matter of when, not if” getting a booster shot will be considered being “fully vaccinated,” Dr Fauci said.

Opinion pieces are already appearing asking “is it safe to hangout with the unboosted”?

(This headline was so unpopular, the Atlantic changed it only a couple of hours after it was published, and even the archived version appears to have been scrubbed).

All in all it seems pretty clear that, by the time 2022 rolls around, most of the Western world will require three shots in order to qualify as “fully vaccinated”.

It’s also clear that this won’t stop at three. Already, just last week, Pfizer were claiming they may need to “move up the timeline” for a fourth vaccine dose.

This change is being blamed on Omicron, with articles warning the “new variant” can “hit” the vaccinated. Fortune reports:

Omicron is making scientists redefine what it means to be ‘fully vaccinated’ against COVID

So, the third (and maybe fourth) doses are (allegedly) for Omicron…but that model can extend to perpetuity. In order to go to five, six or seven they’ll only need to “discover” more “new variants”.

It will just keep going and going.

But there is good news in all this, every time the powers-that-shouldn’t-be change the rules in the middle of the game, it’s a chance to knock people out of their media-induced hypnosis.

There are promising signs that millions of already-vaccinated will reject the booster. We can build on that.

So tell your single and double jabbed friends, try to open their eyes to the path they are starting down.

They may consider themselves “fully vaccinated”, but the government doesn’t, and never will.

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UK Considering Legislation That Would Imprison Internet Trolls | ZeroHedge

Posted by M. C. on November 8, 2021

https://www.zerohedge.com/technology/uk-considering-legislation-would-imprison-internet-trolls

Tyler Durden's Photoby Tyler Durden

Authored by Brad Polumbo via FEE.org,

f you ever need a reminder of how important freedom of speech is, all you need to do is look across the pond…

The United Kingdom, which doesn’t have a First Amendment, has slowly seen citizens’ free speech rights eroded—and now may soon start imprisoning people for being trolls on the internet.    

At question is pending legislation called the “Online Safety Bill,” which ostensibly punishes social media companies that allow harassment. Yet it may be expanded to include new criminal penalties for individuals who engage in mean speech online.  

“Trolls could face two years in prison for sending messages or posting content that causes psychological harm under legislation targeting online hate,” the Times of London reports. “The Department for Culture, Media & Sport has accepted recommendations from the Law Commission for crimes to be based on ‘likely psychological harm.’ The proposed law change will shift the focus on to the ‘harmful effect’ of a message rather than if it contains ‘indecent’ or ‘grossly offensive’ content, which is the present basis for assessing its criminality.”

Social media users could face two years in prison for sending messages or posting content that causes ‘psychological harm’ under the government’s new online harms bill

Ministers are looking to include so-called Twitter “pile-ons” as a possible offence https://t.co/aXHNTfXaWQ — The Times (@thetimes) November 1, 2021

Other offenses will reportedly be created for “knowingly false communication,” applying to those who “send or post a message they know to be false with the intention to cause emotional, psychological, or physical harm to the likely audience.” The new offenses will also include punishment for social-media “pile-ons,” where groups gang up and are rude to people online.

Culture Secretary Nadine Dorries is reportedly planning on adding these provisions to the Online Safety Bill when it’s introduced in Parliament next month.

This blatant attempt at the censorship of online speech is deeply concerning. The government has absolutely no business punishing people for words that “cause others harm,” such a subjective and slippery standard that it beggars belief. This vague standard could be used to silence just about any speech that one finds offensive. And it surely stifles the free exchange of ideas that leads to social progress.  

Ideas like allowing women to vote, ending racial segregation, and legalizing same-sex marriage were all once considered “harmful” by many. If subjectively harmful or disruptive speech is stifled, progress is drastically held back. 

Moreover, the government punishing “knowingly false” speech is deeply disturbing. Firstly, it’s not a black-and-white matter to actually determine what is “true” and what is “false.” There are a million shades of gray and robust debates over factual reality across countless subjects. No one who values freedom should want a government Ministry of Truth determining what speech is “false” and punishing those who spread it. 

And this would all have a chilling effect on speech that questions the status quo or the government itself. After all, free speech doesn’t exist to protect popular or uncontroversial speech; such speech is in little need of protection. It’s dissident voices and information that threatens centralized power that is crushed under the guise of “protecting people” from “harmful” speech. 

The UK’s new censorship efforts are no exception.

“The laws are highly likely to be ineffective at keeping people safe, whilst actually restricting free speech considerably, as well as creating a chill by making people who don’t really understand the law feel too scared to actually say what they want to say,” said University of East Anglia Law School Professor Paul Bernal. “That’s the bottom line here: the main impact of laws like this will be to restrict legitimate criticism of people in power.”

Indeed they will. Americans should heed the sad example of the United Kingdom as a warning of what fate could await us if we don’t jealously guard our free speech rights.

*  *  *

Like this story? Click here to sign up for the FEE Daily and get free-market news and analysis like this from Policy Correspondent Brad Polumbo in your inbox every weekday.

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UK Readying New Law Mandating Home EV Chargers Be Shut Down During Peak Hours | ZeroHedge

Posted by M. C. on October 12, 2021

Sounds like Newsom’s Kalifornia. This will make it tough when you have to be somewhere quick. Hospital, kids, food for dinner, the pub on quiz night.

https://www.zerohedge.com/markets/uk-readying-new-law-mandating-home-ev-chargers-be-shut-down-during-peak-hours

Tyler Durden's Photoby Tyler Durden

As EV owners are starting to unfortunately learn, electricity to power your “green” vehicles has to come from somewhere.This is a tough dose of reality that many EV owners in the U.K. could be facing next year now that a new law has been proposed to switch off home EV chargers during peak hours. The law seeks to prevent excessive strain on the grid, according to a new article from Inside EVS.Transport Secretary Grant Shapps announced the proposed law that stipulates that EV chargers may not function for “up to nine hours a day” to prevent overloading the grid.

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Scandinavian Governments Announce “Covid Is Over,” Israel Announces the Vaccine Doesn’t Protect – PaulCraigRoberts.org

Posted by M. C. on September 28, 2021

Why are the US, UK, EU, Canadian, Australian, and New Zealand governments conducting a Holocaust policy against their own people?

https://www.paulcraigroberts.org/2021/09/27/scandinavian-governments-announce-covid-is-over-israel-announces-the-vaccine-doesnt-protect/

Paul Craig Roberts

I have had confirmation of my report last Saturday that Norway has terminated all Covid restrictions ( https://www.paulcraigroberts.org/2021/09/25/norway-has-the-opposite-covid-policy-to-the-us-uk-and-eu/ ).  I am uncertain whether it is an immediate termination or the beginning of a phase out.  Norway’s equivalent to the CDC has downgraded Covid-19 to a strong flu. There will be no Covid passport.  In Sweden Covid restrictions are scheduled to end this Wednesday September 29. The Danish government decided two weeks ago to end Covid restrictions.  The President of  Croatia has also declared: “We will not be vaccinated anymore.”  ( https://www.youtube.com/watch?v=cXTGgup_Yto )  Have you heard any of this on CNN, NPR, MSNBC or read it in The NY Times?

How do we explain Scandinavia  and Croatia going the opposite direction to the EU?

It is a known fact the the EU government is authoritarian, not democratic.  Power rests in an unelected Commission.  As Covid restrictions are a boon to authoritarianism, perhaps the Scandinavian governments have decided against that direction.

The Scandinavian position is also totally different from the US one where the CNN-NPR-MSNBC-NY Times lie machine and Big Pharma shills such as Fauci, Walensky, and the White House Idiot continue to push for mask mandates, vaccination of children, booster shots, and firings and lockdowns if there is public resistance to any more inoculation.

The lie machine keeps turning out propaganda that adverse reactions to the vaccine are new Covid cases among the unvaccinated, that the vaccine protects despite requiring endless boosters and that if it doesn’t protect it still reduces Covid mortality, that 1,000,000 American children have Covid, and every other lie they can concoct to drive people into more injections. Is profit the only motive?  Probably not. Elite Americans are the largest audience at the World Economic Forum’s “Great Reset” indoctrinations.

If Scandinavia can recover from the Covid brainwashing, why cannot the US, UK, and EU?

And what is wrong with Israel?  Jews are supposed to be intelligent.  Yet Israel continues a self-defeating policy in the face of Israeli mainstream media broadcasts that the vaccination policy is a total failure—https://halturnerradioshow.com/index.php/en/news-page/world/israeli-tv-drops-bombshell-vaccine-seems-useless.  If the English translation of the news broadcast is correct, of the previous day’s new 279 Covid cases in Israel, 259 were “fully vaccinated.”  Only 29 were “unvaccinated.” In other words 90% of the new Israeli Covid cases were fully vaccinated people.

The Israeli news broadcast goes on to report that the US CDC has admitted that people infected with the “Delta variant” have the same viral load whether or not they are fully vaccinated. In other words, vaccinated people can spread the virus as easily as the unvaccinated and thus the policy of excluding vaccinated Covid patients from quarantine is nonsensical. The news announcer says such questions are not discussed because of concern that people will not bother to take the vaccine. The only remaining reason the news announcer can find for taking the vaccine is the unverified, and almost certainly false, claim that whereas you have no protection from the vaccine against catching Covid, you have a smaller chance of dying from the virus if you are vaccinated.  This conclusion leaves out the known injuries and deaths from the vaccine itself, but there is probably a limit to what the news organization can report.

So there you have it.  The only remaining justification for being vaccinated is the unverified claim that although the vaccine will not reduce your chance of catching Covid, it will reduce your chance of dying from Covid as long as you ignore the chance of serious health injury or death from the vaccine itself.

Obviously, Israel should turn an eye to India, Japan, and Africa where Ivermectin is in widespread use and has shut down Covid.  This policy is far more safe, efficient, and much less costly than the mRNA vaccines.  Why is the Israeli government ignoring the obvious solution and instead conducting a Holocaust policy against Israeli Jews?

Why are the US, UK, EU, Canadian, Australian, and New Zealand governments conducting a Holocaust policy against their own people?

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BOMBSHELL UK data destroys entire premise for vaccine push – by Chris Waldburger – Chris Waldburger

Posted by M. C. on August 27, 2021

Ask yourself why the media will not even mention the fact that this 23-year-old Irish footballer below, in perfect health, received a vaccine three days before dropping dead:

https://chriswaldburger.substack.com/p/bombshell-uk-data-destroys-entire

Chris Waldburger

This is an absolute game-changer.

The UK government just reported the following data, tucked away in their report on variants of concern:

Less than a third of delta variant deaths are in the unvaccinated.

Let me say that another way – two-thirds of Delta deaths in the UK are in the jabbed.

To be specific:

From the 1st of February to the 2nd of August, the UK recorded 742 Delta deaths (yes, the dreaded Delta has not taken that much life).

Out of the 742 deaths, 402 were fully vaccinated. 79 had received one shot. Only 253 were unvaccinated.

The report is here.

But this is the crucial page. Look at the bottom line.

Again, 402 deaths out of 47 008 cases in vaccinated; 253 deaths out of 151 054 cases in unvaccinated. If you get covid having been vaccinated, according to this data, you are much more likely to die than if you were not vaccinated!

See the rest here

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UN Globalists Arriving In UK For Climate Summit Won’t Face COVID Restrictions Imposed On British Citizens | ZeroHedge

Posted by M. C. on August 12, 2021

Beiing “in” with the “In crowd”

If your square you ain’t there.

https://www.zerohedge.com/political/un-globalists-arriving-uk-climate-summit-wont-face-covid-restrictions-imposed-british

Tyler Durden's Photoby Tyler Durden

Authored by Paul Joseph Watson via Summit News,

While British holidaymakers continue to face uncertainty and headaches over returning from foreign vacations, UN globalists arriving for a climate conference in Scotland won’t face the same COVID-19 restrictions.

For months, Brits have been hesitant to travel due to onerous quarantine rules which enforce self-isolation upon return from different destinations.

This was exacerbated by the government constantly changing which countries were on the green, amber, amber-plus and red lists – leaving many holidaymakers in limbo stranded abroad.

UK citizens returning home from red list countries, many of which are located in Asia, Africa, and Latin America, have to undergo a brutally enforced quarantine in specially designated prison-like hotels at their own expense.

The 10 day quarantine applies even if the individual is vaccinated, while those returning from amber countries have to perform the same self-isolation at home, with local authorities and police routinely checking up on them.

However, the same rules won’t apply to globalist environmentalist alarmists visiting Scotland for the United Nations Climate Change Conference in November.

Around 25,000 government figures, media, and environmental campaigners, most of whom will arrive on CO2-belching flights before lecturing us on our energy use, have been given special dispensation by the government.

That means they won’t need to be vaccinated to enter the country if they are arriving from green or amber list countries.

“There will be no requirement for self-isolation on arrival to the UK for those coming from amber or green list countries whether vaccinated or not,” the UK government confirmed.

In addition, those arriving from ‘deadly’ red list countries that Brits have been told to avoid like the plague will only have to endure a quarantine period of 5 days, and presumably it will take place in a much nicer setting than Brits are having to endure.

The government justified the double standard by basically arguing that climate change is an important issue, just as Black Lives Matter protesters were allowed to gather in their thousands at the height of the pandemic, presumably because “systemic racism” was more of a threat than COVID-19.

“This would not be the first event held in Britain where the global elite were allowed exemptions to strict coronavirus rules not afforded the ordinary Briton,” writes Victoria Friedman.

“The G7 Summit in Cornwall, England, in early June, saw pictures released of world leaders maskless, in close proximity to each other, and touching one another, in contravention of the then-rules demanding social distancing and face coverings. The official portrait, however, saw the heads of state and government carefully choreographed, seated six feet apart.”

Us and them.

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Delta Scaremonger Ferguson Recants Dire Prediction – (But Doesn’t Apologize)

Posted by M. C. on August 9, 2021

CDC Rochelle Walenski: Vaccine does not prevent transmission. Why the passport if vaccine does not work?

Infamous “Dr. Lockdown” Oxford epidemiologist Neil Ferguson predicted doom and gloom in the UK should they allow “freedom day” to occur. 200K infections per day! The reality is about one-tenth that. This is just like his (also wildly inaccurate) doom and gloom initial covid predictions upon which the world lockdowns were based. Also today, Obama and the hypocrites.

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