Here we go, keep pushing them, but please asset strip first:

http://www.telegraph.co.uk/finance/financialcrisis/8751180/Germany-pushes-Greece-to-the-brink-in-dangerous-brinkmanship.html

The University of Nottingham, that explains a lot! There's kids leaving there with MSc's who can't string a covering letter for a job application together in English. Their CV's are interesting too. And they keep telling us they haven't dumbed down the education system, may be not for the natives. But for the legions of foreign students who pay more in tuition fees, then you bet your life they have. Seriously, we had some applications for a position from there, and the candidates with two degrees could not write in anything other than a pigeon English. Unbelievable.

By the way, the lawyers for the banks are operating sophisticated search engines that are picking up negative comments and with particular reference to comments on financial newspaper editorials, are then sending threatening letters to the newspapers and if someone leaves a link to their blog, then they will be contacting the individual threatening to take action of they don't remove any negative comments. They don't dig the word on the street.

A mate of mine has PhD in Physics and works in banking insurance and he doesn't make anywhere near what I would consider someone of his educational level and in that industry would earn.

I read in some editorial when the crisis first started an insider stating that you would not believe the menial levels in the banks who were earning million pound bonuses before the proverbial hit the fan.

Last edited by Maximilien de Robespierre (2011-09-15 23:04:10)

I am always wary of stats. I use them every day and manage to twist the same numbers into all sorts of different meanings, and I'm an amateur!

I would say that if we remove wars and the statistical outliers like Stalin then violence by the state against its people is rising. I think this will be the trend of this century: even supposedly democratic rule-of-law states using force more and more often (and freely) against its citizens. Ironically, the traditional heavy handed states are getting softer. I guess we are headed for a statistical mean, although it will mean the first world nations have to accept more state thuggery. I'm not happy with that but getting rid of civil government is not the solution.

Britain has too many cops in the wrong places. I can drive from here and half way across Germany and I will be lucky to pass a police car, in the UK I will have been passed several times and another half dozen unmarked cars will have filmed me in the hope I will speed and then they will give me three points on my license and a couple of hundred pounds fine.

(Tempe, Arizona) — Economic activity in the manufacturing sector expanded in September for the 26th consecutive month, and the overall economy grew for the 28th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.

The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. "The PMI registered 51.6 percent, an increase of 1 percentage point from August, indicating expansion in the manufacturing sector for the 26th consecutive month, at a slightly higher rate. The Production Index registered 51.2 percent, indicating a return to growth after contracting in August for the first time since May of 2009. The New Orders Index remained unchanged from August at 49.6 percent, indicating contraction for the third consecutive month. The Backlog of Orders Index decreased 4.5 percentage points to 41.5 percent, contracting for the fourth consecutive month and reaching its lowest level since April 2009, when it registered 40.5 percent. Comments from respondents generally reflect concern over the sluggish economy, political and policy uncertainty in Washington, and forecasts of ongoing high unemployment that will continue to put pressure on demand for manufactured products."

PERFORMANCE BY INDUSTRY

Of the 18 manufacturing industries, 12 are reporting growth in September, in the following order: Wood Products; Petroleum & Coal Products; Food, Beverage & Tobacco Products; Apparel, Leather & Allied Products; Nonmetallic Mineral Products; Machinery; Miscellaneous Manufacturing; Transportation Equipment; Plastics & Rubber Products; Printing & Related Support Activities; Chemical Products; and Computer & Electronic Products. The six industries reporting contraction in September — listed in order — are: Primary Metals; Textile Mills; Furniture & Related Products; Fabricated Metal Products; Paper Products; and Electrical Equipment, Appliances & Components.