Sunday, 9 July 2017

The Toilet Roll May or May Not be Finsihed

I see that world leaders have failed to bridge the intelligence gap between themselves and Donald Trump over the vexing subject of climate change.

Heard someone on the radio use the expression that something; "...may or may not," something or other. When you think about it, it's rather a pointless turn of phrase. It's usually used when someone wants to emphasis one or other of the options, yet it really indicates uncertainty, so why not just say something is uncertain?

I'm fed up having to replace the toilet paper in the downstairs bathroom. It's predominantly used by No.1 and No.2 Sons, and they never replace the toilet roll when it's finished. There has been one occasion when I've been phoned while in the garden to bring a roll of toilet paper to the bathroom and leave it outside of the door. No more - they will henceforth suffer the slings and arrows of outrageous embarrassment.

I'm constantly shocked by the number of politicians - particularly pro-Brexit ones - who believe an FTA with the EU is exactly the same as membership of the Single Market. The Single Market means no tariffs of any kind, whereas an FTA has exceptions, depending on what the parties want to protect domestically. The exceptions could be whole swathes of products, like any agricultural products. Norway, for example, faces huge tariffs on fish exports to the EU. Simply put, it's just more Brexit lies by those who should know better, hoping that the radicalised illiterati will lap it us, as they undoubtedly will.

Tariffs, in general, are a bad thing, as they result in inflated domestic prices for whatever it is you want to protect. Take steel as an example - some say we should protect our steel industry, but the consequent higher price of steel would have a knock on effect on anything made from the higher priced steel - like cars - making those products uncompetitive on the global market. To grow and survive under our present form of economy (not that it's the best) is to participate in a global market competitively with no tariffs. Hammond seems to be the few cabinet members who has his head screwed on.

Another phrase that's coming into the popular lexicon - especially in relation to Jeremy Corbyn's manifesto, despite it being fully funded - is that of national bankruptcy. A country doesn't go bankrupt, Just read this to understand why. A lender can't simply seize national assets and invariably the lender takes what's known as a 'haircut'. The Greek currency wasn't devalued as a result of its default, as it was the same currency that the lender used. Neat trick...

Trump is apparently prepared to do; "A very, very big deal, a powerful deal," with the UK. The use of those superlatives is guaranteed to mean that either it won't happen, or it will be loaded in the USA's favour, like TTIP, and the US buying up lots of the NHS.

Talking of radicalised Brexiteers, s final word on Rees Mogg's 6th sprog; they should have called him Ludicrus Sixtus. Any more kids and Rees-Mogg will have to change his name to Biggus Dickus.

Rees-Mogg is named by political sketch writers as the Honorable Member for the Early 20th Century.

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