Showing posts with label International Finance. Show all posts
Showing posts with label International Finance. Show all posts

Thursday, 31 July 2025

Nation Revisited # 222, August 2025

 International Finance



The Jews are often accused of controlling international finance, but all races and religions are involved. The four biggest banks in the world are Chinese, and the Gulf States invest their oil money all over the world. Extremists of the far-right and the lunatic-left want to blow up the Stock Exchange and burn down the Bank of England. But they would not eliminate finance capitalism by destroying the temples of commerce. Today everything is online. 

The international banks set the price of everything from bombs to bananas by manipulating the market and juggling interest rates. Individuals like Elon Musk (pictured) are wealthier than some countries. He isn't a banker as such but his wealth is invested all over the world.

The High Street Banks, as we used to call them when they were to be found in every high street, handle our salaries, pay our mortgages and utilities, and manage our pensions. The friendly bank manager who knew your father has been replaced by a computer, but they still provide a good service, as long as you are in credit. 

The would be destroyers of capitalism probably don't realise that their pensions are invested on the Stock Exchange, or that the Bank of England regulates the Hight Street Banks to stop them overtrading. 

Margaret Thatcher tore up most banking regulations when she launched the 'Big Bang' in 1986. Banks were able to lend money with little or no security. They even issued 'pulse mortgages', if the customer had a pulse he could have a mortgage. This madness lasted until 2008 when it came crashing down in the Global Financial Crisis.

Under the new rules banks will only lend money to customers who have good jobs and collateral. This has hit small traders who rely on overdrafts, and young couples wanting to buy a home of their own.

Somewhere between the boom of the Big Bang era and the miserly austerity of today, lies a happy medium of economic stability. 

There is nothing inherently evil about interest rates. If a bank takes a chance by lending money to a customer they are entitled to a return on their capital. And if a saver invests his money in government bonds he is entitled to a dividend.

A reasonable interest rate of four or five percent is acceptable, but it all goes wrong when banks charge exorbitant rates that their customers can't afford. It's the government's responsibility to regulate the banks, but far too many of our politicians are shareholders or directors of banks and investment companies that make excessive profits.

These greedy and unprincipled Members of Parliament don't want to curtail the banks, and they don't want more houses built, for the simple reason that they benefit from the status quo. As the Good Book reminds us: "The love of money is the root of all evil." 


Starmer and Churchill

Keir Starmer sees himself as another Winston Churchill. He compares acceptance of the Russian reconquest of Ukraine with the situation leading to the Second World War. Winston  Churchill opposed 'appeasement' and led Britain in an economically disastrous war with Germany. We won the war and lost the Empire.

Winston Churchill was undoubtedly a warmonger but he knew what war was all about, having served as a cavalry officer in the Sudan War of 1896 - 99, and as a war correspondent for the Morning Post in the South African War. He was First Lord of the Admiralty in WW1 until the disastrous Dardanelles campaign, and he flew around the world during WW2 to visit battlefields and to confer with his allies, Joseph Stalin and FD Roosevelt. 

Keir Starmer has no such military background. He has never fired a shot in  anger, but he doesn't hesitate to put British soldiers in the front line in Ukraine. Fortunately, this lunatic plan will never come to pass because the Russians will not allow it. President Vladimir Putin has repeatedly stated that NATO troops wouldn't be allowed in Ukraine as part of a peace settlement. Nevertheless, Keir Starmer is determined to get involved in a quarrel that has nothing to do with us, and he has even hinted at conscription to bolster our modest peacetime army of 75,000 men.

He must not be allowed to bring back military conscription, despite his huge parliamentary majority and the support of the right wing press. British soldiers are trained and equipped for the defence of our country. They should not be used to prop up a corrupt cocaine-sniffing dictator like Volodymyr Zelensky. If Keir Starmer wants to go to war he should get himself into the British Army, preferably as a frontline infantryman.


The Younger Generation


The average age of a RAF pilot in the Battle of Britain was 20.

I was born in 1945 at the end of the Second World War. My earliest memories are queuing up with my mother to buy rationed groceries. Nearly all the men had served in the armed forces or the merchant navy, they were social conservatives who valued tradition and discipline. 

I went to work in this austere but stable environment at the age of 15 and very quickly learned to fend for myself. I hated my school which specialised in sport and brutality, but I loved going to work, and always did until my forced retirement at the age of 66.

With my particular background I find it difficult to understand the younger generation. Of course, there are outstanding youngsters who work hard and respect their elders, but many of them are layabouts who just want to smoke dope and collect their dole money.

Well-meaning people have suggested a return to military conscription, harder prison sentences, compulsory apprenticeships, and the like. But none of these measures could replace the lost culture that I enjoyed as a kid.

Put simply it was God, King and Country. We respected the police and obeyed the law. We were completely different to the young demonstrators who taunt the police and disrupt society with their childish politics. 

Some years ago the government introduced a Youth Opportunities Scheme. I was given a teenager to train as a construction worker. I assigned him to an experienced man and told him to listen and learn  But within a short time he was sent back to me as 'unemployable'. When I asked the lad what the trouble was he said: "Nobody tells me what to do." I often wonder what happened to him.

I have not forgotten that it was young men who flew Spitfires and Hurricanes in the Battle of Britain, who chased the Axis forces out of Egypt, and stormed the beaches of Normandy on D Day. They were the bravest and the best, but their great grandchildren are a sad disappointment.

To be fair to the younger generation it's harder to get a job than it was in my day. They need a degree to get a decent job but university fees are prohibitively expensive. And now they are in competition with imported Indians who don't have to pay National Insurance contributions under Keir Starmer's trade deal with India.

We can't recreate the culture of the post-war era but we can teach our youngsters to respect themselves and their fellow countrymen. They have been fed defeatist propaganda by left-wing teachers, taught to hate their own country and brainwashed into accepting multiculturalism. But the tide is turning. The rejection of self hate liberalisms that started in the USA looks set to cross the Atlantic. We don't want to turn our youngsters into insular nationalists, but healthy patriotism must be encouraged. 

We should remind them that our little archipelago in the North Atlantic conquered half the world, built roads, railways, bridges and viaducts, spread the English language and the Christian religion, and planted universities and courts of justice  all over the British Empire. 

Of course, there were bumps along the road, natives uprisings were put down, treaties were violated and treasures were plundered, but all in all the British Empire was a force for good.

We should also tell them of our scientific achievements; the steam engine, the jet engine, computers, the Internet, and many more. In fact, Britain has contributed to every aspect of human development.

We don't preach exceptionalism, like the Americans and the Israelis, but we have nothing to be ashamed of. The negative anti-British propaganda of the lunatic left must be driven out of our schools and replaced with a healthy respect for our race and nation.


The Menace of Global Capitalism - John Bean, from his website 'Beanstalk' 2003.



Veteran nationalist writer John Bean 1927 - 2021

We of the Radical Right are supporters of the small businessman and free enterprise. Nevertheless, we can have sympathy, if not empathy, with certain aspects of the militant campaign against global capitalism, even if we draw the line at attempts to do a "twin towers" job on the Stock Exchange building and other City of London finance houses. Finance should serve the business of the country; not control it. 

In this 21st century, finance has set its horizons far beyond the nation state: it is now controlling the global market, and the interests of individual nations, whether it is Britain or Brazil, count for nothing. As one British manufacturing base after another has been closed down - with the loss of 10,000 jobs each month - and manufacture transported eastwards at an ever increasing pace to "take advantage of cheaper labour costs." New Labour- with support from the other PODs (Parties of Decay) has told us in Britain that the jobs are being replaced by employment in the service industry. Mark you, there is not much room here for ex-miners, shipbuilders, and steelworkers, as most of the new jobs are for women. Perhaps the largest growth sector in the service industry is the call centre. Until recently we were told that it would soon be employing one in five in the UK.

Perhaps the pundits would now like to revise that figure now that Aviva (Norwich Union) and HSBC are now following Prudential in closing its UK call centres in the long term, with the loss of several thousand British jobs, and reopen them in India!  Some analysts believe a fifth of all insurance call centre jobs in the UK will be outsourced to India by 2010. Those of us who have been to India know that there are countless thousands of Indians who have a good command of English. But what an accent. It takes a fortnight to crack the code. 

Let us hope that Prudential, Norwich Union and HSBC get everything that is coming to them, and, more important, that the Bovine Brits wake up to how they are once again being conned. This time by the menace of global capitalism.

Nation Revisited: I knew John Bean from 1961 until his death in 2021. We agreed about 90% of the time but we argued endlessly about the other 10%. He believed in biological racialism but I favoured Oswald Mosley's approach to the complex subject of national identity.

JB successively belonged to Union Movement, the League of Empire Loyalists, The National Labour Party, The 1960 British National Party, the National Front, and Nick Griffin's BNP. He knew all the leaders and officials of the nationalist parties, but I was the only political mourner at his funeral. Most of his contemporaries were dead or too old and fragile to make the journey to the remote Suffolk village of Wickhambrook.

He was a practical man who fought against extremism, but most nationalists were seduced by fantasists such as Colin Jordan and John Tyndall.

I miss our email correspondence, his intelligence, his occasional spiteful recollections, and his vulgar sense of humour. May he rest in peace.


The Times Are a Changing

When Bob Dillon sang his mournful ballad in the sixties he was welcoming the change to liberalism from the disciplined era of the Second World War. Black people were demanding their civil rights and the younger generation were protesting against the Vietnam War. And so it was that we entered a phase of 'progressive' liberalism that lasted 60 years and encompassed the world.

I am not a Hindu, I don't believe in Kali Yuga, the Age of Darkness, and I reject inevitability in human affairs. The world is what we make it and social attitudes are constantly evolving. Of course, Black people deserved to be treated fairly, and youngsters had every right to refuse to fight in Vietnam, far from their homeland.

But social changes often go too far in the beginning. Revolutions tend to consume revolutionaries and libertarians become assassins overnight. Citizen Robespierre started out as a "Sea Green Incorruptible" but soon became the bloodstained director of the Committee of Public Safety. France descended into chaos until Napoleon Bonaparte emerged to instil military discipline, but then he went too far by invading Russia, which is never a good idea.

The revolution sweeping the United States of America will probably follow the same course of events, until natural stability kicks in. Donald Trump is right to release the left-wing grip on law and education. He is right to rescue schoolchildren from ideologically twisted teachers, but unfortunately, he doesn't understand economics and his views on world trade are driven by paranoia. He really believes that the European Union was set up to take advantage of America. 

But the world is run by what Rudyard Kipling called "The Gods of the Copy Book Heading." Markets sort themselves out and goods and services always get through. 

The times were a changing in the sixties and they are changing again. The experiment in multiculturalism has failed. People prefer the company of their own kind and they resent government attempts to force them into diversity.

We will never return to the old days when races and nations expanded up to natural borders; rivers, oceans, mountains and deserts. Today all the races of the world can be found in our major cities and modern transportation continually adds to the mixture. We have damned ourselves with our own .technology and there's no going back.

But that doesn't mean that the White Race if finished. We can survive and prosper under a system of natural apartheid, or separate development. Great remigrations can be organised with international cooperation, but If we have to share the same territory with non-Europeans we can still keep our own culture and traditions, so long as we emphatically reject the suicidal doctrine of liberalism.

Not so long ago such talk would have been anathema to the gutless politicians that infest the West. But now even the UK Labour Party is committed to immigration control - or so they say. The Times are a changing. 


The Chosen People and the Master Race

The Nazis believed that the Germanic people were a 'Master Race' destined to rule the world. This belief led Adolf Hitler to invade the Soviet Union and bring about the total defeat of the Third Reich. He considered the Slavic people to be racial inferiors incapable of civilisation. He ignored great composers such as Pyotr Tchaikovsky, writers such as Fyodor Dostoevsky, and scientists such as Segei Korolov. Instead he put his faith in the pseudo-scientific theories of Houston Stewart Chamberlain who practised long before the discovery of DNA by James Watson and Francis Crick in 1953. The great anthropologists of the 20th century believed in Piltdown Man, the 1912 forgery that was not uncovered until 1954, and the Human Genome Project was only completed in 2003.

Racism is autism on a national scale that always leads to disaster. The Germans have abandoned the Master Race theory but the Israelis have taken up the banner of supremacism with their Chosen People ideology. There is virtually no difference between them. Like the Nazis the Likudniks have no empathy for other races which they think are there to serve them. They feel no guilt about bombing civilians and starving children because they believe they have God's permission.

When Israel was invaded by Hamas in October 2023 the whole world sympathised with them. But after killing some 50,000 Palestinians in revenge attacks they have alienated their former supporters. The Likudniks are currently following the same path as the Nazis and, if they don't relent, they will suffer the same fate.


European Outlook -  https://europeanoutlook.blogspot.com 

Nation Revisited

All articles are by Bill Baillie unless otherwise stated. The opinions of guest writers are entirely their own. The editor reserves the right to shorten or otherwise amend articles submitted for publication. We seek reform by lawful means according to the UN Declaration of Human Rights, Article 19:

"We all have the right to make up our own minds, to think what we like, to say what we think, and to share our ideas with other people."



 




 








 







 











 










Wednesday, 31 July 2019

Nation Revisited # 154 August 2019




'England, My Country' was an independent A5 magazine edited by Robert Baggs in support of English Nationalism. 
The four nations of the United Kingdom have been together for hundreds of years but they have never lost their national characteristics. 

I was born in London in the last days of the British Empire. We were proud to be British but less sure of our Anglo-Saxon identity. We knew about Alfred the Great who fought the Danes and burned the cakes, and poor King Harold who perished at the Battle of Hastings. And we sang William Blake's stirring anthem "Jerusalem the Golden." But with the rise of Sinn Fein, the Scottish Nationalist Party, and Plaid Cymru, an English response was inevitable.

Preserving the ancient traditions of England is a worthy task but we must remember that the British Empire was a joint venture.

Vic Sarson posted the following piece to his mailing list. 

I am no fan of Corbyn, I have been hostile to him for decades. I have also been hostile to political parties believing them to be a corrupting influence on the politics of the nation. I have also consistently argued that employment in the civil or other government service at any level should preclude membership of political parties or engagement in partisan political activity.

The current mischievous campaign to undermine Corbyn by rumour I think gives force to my arguments.

The overwhelming majority of people employed within the civil service are Labour Party members and many are political activists whether Blairites or Corbynites and often abuse their positions whenever possible.

Civil servants are releasing political propaganda to influence the accepted political processes to a political direction of their preference: in this case it is Blairites. It was Blair who corrupted the Civil Service..


International Finance



The great international banks came to grief in 2008 by trading in worthless mortgages but their national governments came to the rescue.They are now restrained from gambling but high street banking makes very little money compared with the casino side of the business. Last year, money on deposit returned half of one percent interest but the leading investment funds made 25%. 

The banks are only part of a worldwide movement of money that includes insurance, reinsurance, fund management, and construction and property speculation. The United Kingdom is a top nation for inward investment. The figures are staggering. £351 bn from the US, £744 bn from Europe, £128 from Asia. These are not loans, they are investments in British companies.

But we are still living beyond our means..Last year we borrowed £48 bn and paid £42 bn in interest on existing loans.

We exported and imported goods and services worth  imported goods worth £5610 Billion 

Money is sent home by immigrants working in the UK and by Brits working abroad. Nobody know the real figures but the World Bank estimates that £8 billion is sent abroad, mainly to Pakistan and Somalia.

When Oswald Mosley attacked The Money Power he was aiming at the rootless cosmopolitans that dominated international finance in the Thirties. Today, the market is totally global and the big players are likely to be Chinese and Korean. Far removed from the cartoon images of rich Jewish bankers that appeared in the Nazi newspapers.

The only way to control globalism is to divide the world into manageable economic areas, such as North America, South America, China, the Russian Federation, and the European Union, Brexit is a temporary aberration that will soon be forgotten. The great realignment is well under way.
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Interesting Times

Attempts to label political parties according to the layout of the French Parliament are not very accurate. Those on the Left are supposed to be libertarians but all too often they are authoritarians. And those on the Right are meant to be royalists and supporters of the ancient regime, but there was nothing more revolutionary than a republican fascist. The manifesto of the Italian Social Republic (RSI) was entirely progressive  but, unfortunately, it was too late

Political theories are ten a penny but running a modern economy takes skill and patience. It doesn't matter if the government is Left, Right or Centre, It still has to collect enough money to pay for the services that we demand. We knew what to expect from the Old Gang, but we now have four parties competing for power; Labour; Tory; Lib-Dem, and the Brexit Party. Nobody knows what to expect.

The Labour Party is trying to be all things to all men. But there's a limit to how many factions can be accommodated. They have always boasted of being a broad church but it would take a very broad church to incorporate its bitterly hostile factions.

The Tories have had their civil war and the hard Right has seized power. The One Nation Tories will  be confined to the back benches fot daring to support the EU.

The Brexit Party is a one trick pony with massive support in the depressed areas. Nobody knows what they stand for but health and social security are not thought to be amongst their priorities.They probably stand for the usual reactionary causes; bring back hanging, bring back conscription, and lock up all "Nancy Boys."

It's almost impossible to predict the result of the coming general election. We can only hope that the public sees through Boris "Fuck Business"Johnson.



He
is riding high at the moment but he should hope that history doesn't repeat itself. His great grandfather was a prominent Turkish journalist and politician, Ali Kamal Bey, who was lynched by an angry mob in 1922.

Prosperity

My local supermarket is being redeveloped and just before it closed, some of the shelves were empty. A Russian man once told me that one of the worst things about the old Soviet Union was the sight of empty shelves at the supermarket. It was, he said, a sign of desperation.

We have come to expect prosperity, almost as a right. Food used to be seasonal but now everything is available throughout the year, and what used to be considered exotic is now common.

In the Old Days
we would be greeted by a grocer, served by a shop assistant and handed over to a cashier. Nowadays, we have to help ourselves to the goods and even operate the check out. Times change but so long as the supermarket shelves are full most of us will be alright.

Of course, some poor souls can't afford to go shopping. We spend millions of pounds on social security but some people slip through the net. It's a disgrace for an advanced country like Britain to have food banks to help the poor. Some of them have contributed to their situation by spending their money on drink or drugs, but most of them are victims of an efficient but uncaring capitalist system.


The main reason for poverty is the high cost of rents and mortgages. The average rental value for new tenancies in London is £1,611 a month, but the average salary is only £2,964. If the Government ever sorts out the Brexit fiasco it should prioritize the elimination of poverty.






Nation Revisited

This blog seeks reform by legal means. All articles are by Bill Baillie unless otherwise stated. The opinions of guest writers are entirely their own. We are protected by the UN Declaration of Human Rights, Article 19: "We all have the right to make up our own minds, to think what we like, to say what we think, and to share ideas with other people."

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Our flag was designed by John Bean in 1957 for his National Labour Party. It is used by Nation Revisited with his blessing.The cross represents our nation and the radiant star represents Socialism.