I have a few things to mention this morning. First of all the UK government announced that for the first time in 7 years, wage rises outstripped price rises. Right away this is a complete load of rubbish because the figures were manipulated to exclude certain things like house prices. Yes, the house price bubble is inflating yet again. In London, house prices rose by £63,000 in the last year therefore, if you earn less that £63,000, houses in London are earning more that you are. Discretely hidden by BBC news was the fact that the number of people in this country (6th largest economy) being forced to use food banks has reached the 1,000,000 mark. Yes one million people now use food banks. Anyway, back to house prices. Numerous independent economists are predicting that if this housing bubble gets much bigger, the bang when it bursts will be far worse that the crash of 2006,07. This one will bring the whole house of cards that is the world economy to it's knees. Ponder that when you eat your lunch today.
The crisis in the Ukraine took a bit of a twist this morning when an armoured unit of the Ukrainian army changed sides and started flying the Russian flag leaving the temporary (unelected) Ukrainian government speechless. It took the BBC quite a while to come to terms with the story and then just carried on with the old Russian aggression propaganda story. Obviously more to unfold in Ukraine.
The independence debate in Scotland carries on unabated with the "NO" campaign getting even more desperate. UK defence minister Phillip Hammond was up here yesterday scaremongering that defence jobs would go if Scotland became independent. When asked why? he mumbled something about "foreign country" and walked off the stage. Amazing, a defence minister not in the mood for a fight.
This morning, the LibDem secretary of state for Scotland was in Orkney, which just happens to be part of his own constituency, and he actually said that, and I quote, "A bad central government in Edinburgh would be just the same as a bad central government in Westminster." Whoops, which side of the debate is he actually on?
There are more stories coming out about child sex abuse in the UK. The public are becoming more and more impatient with the authorities attempts to cover it all up. Names are starting to come out of people in high places in society one of which is the now deceased LibDem MP Cyril Smith. people are now clamouring for his activities to be thoroughly investigated. Don't hold your breath. More on that at a later date.
To finish I must mention the memorial service held at the ground of Liverpool Football Club, Anfield Road, to mark the 25th anniversary of the Hillsbourgh tragedy in which 96 Liverpool fans died in a horrific crush on the terrace. I have to say that the service was very dignified and moving and a credit to the families of those who lost their lives. You will definitely never walk alone.
Till next time.
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