We need a Revolution in the UK!
Yes isn’t it laughable how quickly those in opposition, Tories/Liberals, now with their grasping digits on the levers of power furiously back-peddle and turn their backs on the manifesto pledges made in the recent General Election?
Merlin is nothing more than a camouflage job on a bit of window-dressing! The sop for the masses! Nothings changed in the city other than the need for the Coalition to move the focus away from corrupt,voracious institutions that caused the biggest banking crisis the world has ever seen. The Gekkos have won hands down as we all knew they would. Money talks and politics walks!
The banks and the Politicos are different sides of the same coin. The only people who will suffer the horrendous brunt of the cuts to come are the poor, the disaffected,the homeless and those to busy trying to eke out an existence to survive the daily rigours of life on a mortgage. Yes the average man or woman in the street trying to make ends meet. Those ragged trousered philanthropists as Tressell lovingly refered to are going to be demonized and used as diversionary propaganda while the state re-corrects the economic catastrophe by redistributing the wealth back up the social ladder to the mega-rich! The trickle down economic theory never worked but you can bet your last shekal that the squeeze on the average working Joe will force the money back up to the top! Into the arms of the Illuminati! It’s all one big black propaganda exercise perpetrated on the masses yet again!
Up the Revolution!
Viva!
Daniel
Revolution is the only answer slay the political Dogs!
its enough to boil ones piss!!!!
Viva la revolucion, Los gobiernos son los putos !!!!!!!
Well said that man (Or woman? -could be a good disguise?).
The scale of the heist being carried out on the low paid, and the poor, to supposedly undo the damage of those who caused the financil disaster beggars belief. Unfortunately Daniel most of your supporters will disagree, or be indifferent.
Interested in what this revolution looks like? A fully worked out alternative economic model? Or modifications to the existing system?
Come back Oliver Cromwell!
Perhaps pass on Cicero’s Six Mistakes Of Man, I feel point one may apply to the Financial Institutions:
1.The delusion that personal gain is made by crushing others.
2.The tendency to worry about things that cannot be changed or corrected.
3.Insisting that a thing is impossible because we cannot accomplish it.
4.Refusing to set aside trivial preferences.
5.Neglecting development and refinement of the mind, and not acquiring the habit of reading and studying.
6.Attempting to compel others to believe and live as we do.
Yes the Merlin deal will have the same impact on the Banks as a fly landing on the side of an Elephant.
They Banks will simply pass on the cost to their already skint customers!!!.
The trouble is whoever you vote for you will still get the same politicians.
Dan, can you take a look at EMPYREAN ENERGY, EME is the ticker. At the current 7.75p to buy they are capped at £14 million so a real tiddler but are already producing and are set to be part of a 200 well programme over the coming couple of years, yes 200+ wells. Around 12 will be this year. EME should be in my mind trading nearer 30p than 10p but even just trading on par with their JVP’s would put EME at 15p right now.
There is a direct “read across” to Eureka (EKA on ASX). It is true that Empyrean is half the price it should be since – and I here quote from an email sent by Empyrean’s boss, Tom Kelly, to me: “Rather than taking my view on valuation of the project – an easy extrapolation is to look at the independent valuation model summary provided in Eureka’s (ASX code EKA) last presentation. Their interest is 6.25% and ours is 3% plus a higher interest in a few wells – so dividing by half is reasonably accurate and multiplying by 3/6.25% is conservative. Even these figures make us cheap. Or you can take EKA’s market cap – bearing in mind they have another project (we have three others with two of them in production) and divide this by half. Any way you value us we are undervalued compared to our partners or the independent assessment.”
There is a reserves report due out within 12 days as it will definitely be out by the end of Feb 2011.
Not long to see the sp reflect the value on offer here and that starts at 15p, nice 100% from here.
ATB