Tuesday, 23 July 2024
Sacred Groves of Siluria
Monday, 20 May 2024
Nidum: The Last Silurian Frontier?
When the Romans invaded Britannia in AD43 they swept across the south-east of the island in the space of four years, conquering tribe after tribe. Until that is they got to the Severn Estuary and met the Silures, who were to prove a major headache for the Rome for the next 30 years. Initially led by the famous British leader Caratacus, his subsequent capture did nothing to deter them, and they continued to wage war against Rome for another quarter of a century.
Our primary source for the Silures is the Roman historian and politician Tacitus, who tells us that the Silures waged guerrilla warfare against the Roman legionary forces, causing one Governor of Britain to have a complete mental breakdown and pop his clogs before subsequently chewing their way through another three Governors, only to be "subjugated" in AD75 by Sextus Julius Frontinus, except...
Friday, 22 May 2020
From Wuhan to Wallia: Why We Need a Land Army for Wales.
Born from the plight of illegally traded animals in the "Wet Markets" of Wuhan, Covid-19 has unleashed catastrophic economic and social consequences on the rest of the world. But from panic-buying in supermarkets to the prospect of summer food shortages as farmers and growers struggle to deal with the loss of a seasonal workforce on lock-down abroad, there's one thing that ties all these disparate elements together: food.
Saturday, 15 June 2019
The Mount Estate: Sitting on a Gas Goldmine
Having moved to Sir Benfro from Swansea I already knew about the Mount Estate as it seems to have a poor rap in the County, as indeed some parts of Swansea do or anywhere else for that matter. A BBC documentary a few years back highlighted the high unemployment and social issues on the estate, which is mainly council stock, and in typical sycophantic fashion, couldn't resist squeezing in a plug about "Will and Kate's" Royal Wedding just to show how enthusiastic her Maj's poor but loyal Subjects are for their feudal overlords. But I wonder how many residents on the Mount could really give two hoots about the Royals who might as well live on another planet.
In any case I knew about the Mount for different reasons, as a few years prior to that documentary I was involved in protests to do with the LNG plants in Milford Haven, protests in which the Mount had a curious role.
Now of course ten years down the line South Hook and Dragon LNG are thoroughly embedded in the community and a big part of their PR drive is "getting down with the yoof"; a recent press release highlights the support South Hook have given to a youth club on the Mount. Great kudos for South Hook you might think, but peanuts given that the Mount, in point of fact, is sitting on a taxable goldmine worth millions of pounds per annum, not just to Pembs, but Wales as a whole.
Many of the kids attending the club will be too young to remember that relations between the community - in the form of the Mount Community Association - and the titans of LNG were not always so peachy. While the Terminal operators have gone to great lengths to ingratiate themselves with the local community, the Terminals were simply the most obvious part of an even bigger project designed to plug the UK's growing energy gap. The other key part - the giant pipeline - is buried a metre underground and runs for a length of 316 km to it's final destination in Gloucestershire.
But 13 years ago, residents in the Mount woke up to find that National Grid - who were responsible for the pipeline - had ploughed a swathe of destruction through a section of woodland managed by the community. I can still quite clearly recall speaking to one of the Association members on the phone - considering the reported outrage he was curiously reluctant to talk and it soon became clear why - the Association had been made to sign a gagging clause, in exchange for "compensation" for all the trouble. Having silenced protesters and dissenters through bribery and bully-boy tactics all along the pipeline route National Grid got their pipe in and within a few years it was all forgotten about.
But here's why it's worth refreshing our memories.
Having squished all dissent, the Terminals came into operation in 2009. And then a curious thing happened. The next year the Tories got back into power (Labour were the architects of the LNG project), and having done so promptly abolished Import VAT on gas imports in their emergency budget of June 22nd, 2010. This change included Import VAT on Liquefied Natural Gas.
Now, LNG hasn't lived up to the hype or hysteria and in fact the Terminals have been significantly under-utilised since they came into operation, but it's still worth doing the math. The UK government in fact very helpfully compiles statistics on gas imports for each individual LNG Terminal in the UK, including South Hook and Dragon. These stats allow us to calculate the amount of revenue that has been lost. So for example in 2017, South Hook imported 52,808 Gigawatt Hours worth of gas which was then pumped into the UK's national gas transmission system. The UK now has a free-market in gas, and the value of gas on the wholesale market is calculated on a kind of virtual gas trading exchange known as the "National Balancing Point" . Not surprisingly, demand is higher in the winter which is the point at which LNG tankers roving the high seas alter course and head for the UK to cut a tidy profit.
So based on the average price of gas on the UK wholesale market in 2017, around £160 million of lost taxable revenue docked at Milford Haven and bypassed a council estate with around 70% unemployment, on it's way to the big centres of demand in the rest of the UK. For 2018, that figure increases to around £200 million. Currently, the Terminals are significantly under-utilised as the UK makes up a lot of it's shortfall in gas from Norway (UK North Sea reserves peaked and have been declining since 2001), but Norwegian gas production is projected to decline shortly which means that LNG will become a bigger part of the equation as the years go by. The South Hook and Dragon LNG terminals have a minimum 25 year lifespan and have the capacity to meet up to 30% of UK gas demand. So the figures laid out above are only going one way: up.
To those of us concerned with the economics of Welsh Independence, these figures matter. Consider for example that the entire deficit for the Hywel Dda Health Trust, which covers the whole of west Wales, is £69 million, a figure which could effectively be wiped out, with quite a bit of spare change. Hywel Dda of course proposes to downgrade Withybush Hospital's A&E department, and many people in Pembrokeshire justifiably ask why their A&E is being downgraded when they have heavy industries with all the attendant safety risks. Heavy industries that include LNG. If Pembrokeshire shoulders the risks, it should also be able to reap the rewards. Rewards it could capture - as part of an Independent Wales.
Pembrokeshire is a proud and independent county, but sitting on the western extremity of Britain, many residents justifiably feel marginalised both by Cardiff and London. I would argue that they are only marginalised because they vote for Unionist Parties and a corrupt Westminster establishment and it's little doggie in Cardiff. Take them out of the equation and those LNG tankers show us what Pembrokeshire really is; Wales' gateway to the rest of the world. A world that we are perfectly capable of taking our place in.
The figures are there, and the choice is ours. Let's take it.
Sunday, 24 July 2016
Air Passenger Duty: Wales grounded by Westminster as Scotland and Northern Ireland take off
There's nothing more useful than a major international controversy as an opportunity to bury a whole host of smaller domestic problems. So while Britain was busy voting to make itself "Great again", George Osborne, now former Chancellor of the Exchequer, quietly caved into English aviation interests and reneged on a commitment to devolve control over Air Passenger Duty (APD) to Wales.
On the face of it, APD is such an obscure little tax that readers might be inclined to wonder what the fuss is all about. But the interesting and revealing thing about APD is not so much the support it engenders in Wales (an online poll for the Western Mail showed 78% in favour) but the reaction it has generated on the other side of Offa's Dyke.
So, for the uninitiated (author included!), what is Air Passenger Duty? It's broadly defined as "an excise duty which is charged on the carriage of passengers flying from a UK or Isle of Man airport on an aircraft that has an authorised take-off weight of more than ten tonnes or more than twenty seats for passengers". To get a sense of the wider importance of APD as a tax it's worth quoting the UK Treasury itself;
"Air Passenger Duty is primarily a revenue raising duty which makes an important
contribution to the public finances, while also giving rise to secondary environmental
benefits"
UK Treasury, 2011
Ironically, APD was put on the political agenda in Wales by the very same Tories that have just put the kibosh on it. In 2011, the Silk Commission - set up by then Welsh Secretary Cheryl Gillan - recommended devolving control over APD to the Welsh Government, It should be noted at this point that both Scotland and Northern Ireland both already have control over this tax.
The Silk Commission took their data from the Civil Aviation Authority, who estimated that APD raised just over £7.5million in Wales in 2011. This figure might sound like a drop in the ocean in the context of identifiable public spending of £30 billion in Wales in 2010-11 but it's not quite that simple. So read on!
Needless to say, having let this particular taxation genie out of the bottle, it rapidly proceeded to magic up a considerable amount of support across the political landscape in Wales. Welsh Conservative leader Andrew RT Davies stated it was "perverse" not to devolve control over APD to Cardiff, while Comrade Carwyn agreed that it was "completely unacceptable" for Scotland and not Wales to get powers over the tax. Plaid, of course, want rather more than just control over APD.
Outside of the Cardiff Bay bubble, support has also steadily grown across the aviation industry in Wales. Not surprisingly, Wales' only major airport is a firm supporter of devolving APD. But a spirited online campaign also finds focus with websites such as APD4Wales calling for the "punitive tax" to be scrapped.
Meanwhile, on the other side of the Bristol Channel an equally spirited campaign has sprung up in defence of the status quo. Needless to say, this campaign has won a temporary victory, at least. At the forefront of this campaign is Bristol Airport. But in making the economic case for the status quo, Bristol Airport has also helpfully outlined the economic benefits for Wales too. The airport's Chief Executive has been quoted in the press as stating that devolution of APD to Cardiff could cost the south-west economy 1500 jobs and £843 million. in GVA (Gross Value Added) over the next decade. This puts our previously-cited £7.5 million figure in a rather different light...
Perceptive readers will note that Labour, the governing power in Wales, have largely been left of the hook so far in this piece. In the run-up to the Budget, Welsh Finance Minister Jane Hutt blasted the Chancellor's "unacceptable procrastination" and went on to say that;
“It would pave the way to improved international air links with the rest of the world, which would bring economic benefits not just to Wales but also businesses and citizens in the South
West of England, helping to stimulate business and trade"
This very magnanimous sentiment didn't cut any mustard with her Labour colleagues on the other side of the Channel, however. Bristolian Labour MP Karin Smyth congratulated the Tory Government's decision as "very welcome news for the South-west economy". Which just goes to show what a mendacious game the Labour Party is content to play with Wales, it's traditional playground.
Which all goes to show what a raw deal we have in the so-called "United Kingdom". We are the only constituent part of the UK not to have control over this small tax. The economic benefits to Wales are clear, and in ignoring Welsh interests, it should be clear that Westminster is holding the Welsh economy back. We're better off out of the Union altogether. But in making the case for being out of it, it's worth articulating a basic point of principle; as APD4Wales put it;
"A tax on flying from Wales should not be set by an English government"
To be continued....
Tuesday, 12 May 2015
You Get What You Ask For
The penny dropped for me when I was coming home one day and, cutting through the Council estate, I spotted a series of Tory placards in someone's garden. Taken aback, gawping, and bogged down temporarily with the perennial Welsh question "Who are you?", I almost crashed the car. The realization soon dawned on me that the house belonged to the former Chair of the local Workingmen's Club, the Brighton Road.
Over the next few weeks as the election campaign proceeded apace, a few more Tory placards sprang up around "North Gower". But they weren't just springing up in fields or on well-to-do housing estates, they were popping up on terraces, and in former mining villages. It occurred to me that something was up, and I suggested to my partner that Labour could lose the Gower seat. She didn't buy it. I went a little further. Labour have held Gower since 1906. If they lost a seat like this, they would be in trouble nationally. If Labour lost Gower, we'd have another Tory government. Which as it happens is exactly what we've got.
And there's nothing magical, mystical or mysterious about how we got here either.
You see, in Gower, the Tories got on in the back of a working class protest vote from the northern part of the constituency, where Labour have traditionally drawn their vote. Underneath the lazy rhetoric of the "Tory tide" surging across Wales is a complex mosaic of local stories. Labour have sat on this area for year after year after year while funding has been pumped into Swansea city centre on grandiose vanity projects. Ironically, in a climate of "Tory" cuts, local patience with Labour has run out. Why vote for Labour when they only offer more of the same thing?
This city-centre/periphery conflict was made all the worse by the disastrous decision to centrally impose a female candidate on the constituency, drawn from an all-woman short list. Parachuted in from the Hafod in Swansea (so we're told, although she didn't have a Hafod accent), the reaction of the local Party organisation was predictable. A large chunk of the local Labour Party effectively boycotted the election campaign.
Many on the Left of politics in Wales are deeply uncomfortable with the idea that people from communities that were hammered by the Tories in the 1980s could bring themselves to vote for "The Nasty Party". There is even a school of opinion in Left-leaning Nationalist circles that the Tory vote in Wales is made up largely of English incomers, as though migrants from over the border are some kind of "Fifth-column" for the Tory invader. Toryism in Wales, you see, is not an indigenous phenomenon. There may well be an element of truth to this perception, but it's not the whole truth.
For many in Wales, there's a kind of visceral reaction to the Tory Party that paradoxically leads them to defend, or at least refrain from attacking, a Party that has shifted so far towards the pro-business agenda of the Tories that it's almost indistinguishable from them now anyway - Labour. A madman runs towards you wielding a bloody great axe. It's a Tory, Run away! The chips are down and you suddenly feel the twist of the knife in your back. That's the modern Labour Party, who will then tell you it's for your own good, and if the Tory had done it, it could have been a whole lot worse...
And for that precise reason it shouldn't be hard to see why Labour and the working class are no longer synonymous in Wales, and why many people have given up on even the pretense of voting for Labour. For people who have been hammered by a recession Labour dragged us into, the Tory message of economic competence, whether you believe it or not, has some resonance. Those placards are a big "fuck you" to a Party that bombed the hell out of Iraq, fucked up the economy and embraced Neoliberalism even while arrogantly assuming our continued tribal loyalty.
Plaid Cymru, meanwhile, actually did alright in Gower. It upped it's vote despite running the local campaign on a shoe-string. Yet I have colleagues in Plaid who tell me they'd rather see Plaid lose it's deposit than let Tories get in. The rationale is that Labour voters will never forgive Plaid for splitting the vote and letting in the evil Tory bogeyman to steal our first-born children. What they neglect to understand is that many of these Labour voters have given up on Labour - and switched to the Tories anyway.
And there is the simple reality. Many Welsh people vote Tory. It would seem that the Welsh are more promiscuous than ever, and not only have they abandoned the Chapel in droves, they are even happily indulging in a little sado-masochism in the privacy of the polling booth a la UKIP. But there is a line it seems and that's where you aren't likely to see many defiant placards broadcasting a newly found conviction to the wider community. A source of some frustration to pollsters and Party activists, but also of hope for the future.
For UKIP, while articulating the very real economic and social concerns of ordinary people, demarcates the furthest reaches of Wales' flirtation with the Right. Beyond that point is the terra incognita of Welsh Independence. A prospect we're not quite ready for yet, but the only real alternative in a country that faces the prospect of being dragged out of Europe by Isolationist England.
In Scotland, the Scottish National Party have articulated a clear and well-worked out vision of what an Independent Scotland would look like. In Wales, Independence is, er,...a long-term aim. A collection of policies is no substitute for a coherent vision of a future society. The SNP have grasped the thistle and realised that only Independence will give Scotland all the tools to do the job.
Yet who is really articulating the arguments for Welsh Independence?
Until they are made, you can expect the Tories and UKIP in Wales to continue filling the void left by Parties - Labour and Plaid included - that are not offering a compelling vision of the future. A vision strong and coherent enough to motivate people into taking that leap of faith into a future of unquantifiable but tantalising possibilities. A future that only we in Wales can make. Regardless of where we originally came from...
Saturday, 4 October 2014
Power to the People?

Say no more...
Saturday, 27 September 2014
Towards an Independent Welsh Currency
Friday, 7 January 2011
"He Was a Straight Man"
Welcome to Planet Westminster. According to convicted fraudster Dai Chaytor's best butty Graham Stringer he was "the straightest man most of us knew".
Well, if that's the case then they should all be in prison shouldn't they?
Monday, 27 December 2010
Of Tenners and Teardrops.
Maybe a similar logic applies to political parties. In which case you might have been forgiven for hoping that Plaid would have cottoned on by now to some of the less endearing behavioural traits of its senior coalition partner, Labour.
Of course it’s true that Labour in Cardiff Bay, now its last remaining UK stronghold, is no stranger to partnership. And of course it’s well known that Labour is apt to ditch partners that no longer suit its interests too. And sometimes, of course, in a partnership things crop up that either party may not want to confront. Maybe they threaten the end of the relationship. Labour has an answer to this kind of scenario too.
They set up a Commission.
So those of us with long memories will recall that when Labour was rolling around in the sack with the Liberal Democrats, and the thorny issue of “more powers” came up, Labour agreed to set up a Commission – the Richard Commission. Unfortunately, this Commission then came to conclusions that Labour still didn’t want to hear. And so it came to pass that, shortly after Richard made his recommendations, Labour dumped the Lib Dems.
The bastard child of this canoodling was the Government of Wales Act 2006.
And so, fast forward 6 years and here we are, Labour are now cwtched up in bed with Plaid, a referendum on “extra powers” is in the pipeline and Labour are whispering sweet promises of another Commission in Plaid’s ear – a “Holtham” style commission”. Plaid have been banging on for years about funding, and now Labour are suddenly making empathetic noises. The fact that Labour maxed out the credit card and cleared out the piggy bank in this intervening 6 year period seems to have passed some people by.
Of course, you could argue that fundamentally, Labour are simply less idealistic about relationships. Certain ecstatic elements in Plaid dreamed of a whirlwind romance, leading to marriage, an alchemical union of parties that would deliver real social justice for Wales. It’s doubtful that Labour ever entertained this fanciful notion.
On a personal level, I suspect that few blokes are naive enough to entertain the notion that if they go out on the piss, spend a bit too much money, and wake up next morning next to an absolutely stunning bird, that this means they’re going to get married (in a non-conformist chapel of course) and live happily ever after, but it seems that certain elements in Plaid do indeed fall into this category of credulousness.
It’s just a pity that they’ve forgotten the famous saying of Ronald Reagan - that politics, as the second oldest profession, often bears a striking resemblance to the first – prostitution. Some people will do anything for money, yet for all the fundamental usefulness or relevance of their promises, Labour out of power where it counts - London - might as well claim that it’ll still rain in Wales the day after a yes vote, but that it’ll be raining tenners, instead of raindrops.
Or tears for that matter.
Sunday, 24 October 2010
Thursday, 15 April 2010
Sunday, 18 October 2009
The Real Level of Welsh Unemployment
Which puts us squarely back into the good 'ol days of Tory government.
Of course, back in those days Labour were routinely jumping up and down and screaming "fraud" whenever the unemployment figures came out, as it was generally accepted that the Tories had been fiddling the figures to disguise the huge structural unemployment they had created in the 1980s, when they shut down huge chunks of our manufacturing base. A 1997 report by Sheffield Hallam University that looked in detail at this practice was requested for circulation amongst Labour MPs by the then Shadow Chancellor, Gordon Brown.
Unfortunately for Labour, Sheffield just kept on producing these wonderfully insightful reports. And what they essentially documented was that Labour had retained the Tory practice of fiddling the figures. The most recent report, in 2007, documented a real unemployment rate of 2.6 million, when the claiment account was barely a million people. This figure included a "hidden" unemployment rate amongst the UK's incapacity claimants of around 1 million people.
So let's do a little math, as they say in America.
Sheffield Hallam estimated that this hidden figure was concentrated across the older Industrial areas of the UK, including, of course, South Wales. Areas like Merthyr were notable examples.
However, if we generously assume that as we have approximately 1/20th of the UK's population, we will take 1/20th of the "hidden" incapacity figure, that makes for 50,000 people. It's not likely this figure will have changed in the last 2 years as it's basically structural, and not linked to the "boom and bust" cycle that Broon claimed to have abolished.
We add that 50,000 to the 130,000 "official" rate, and we have 180,000 people out of work, still in all probability a gross underestimate. It works out at a real unemployment rate in Wales of at least 12.6%.
So after 10 years of Labour rule, we are pretty much back where we were in the mid 1980s, under the Tories. The Tories threw huge numbers of people out of work, and Labour have done so too. And like the Tories, Labour have decided to disguise the real figures to suit their own cynical political ends.
You can guarantee that Brown, who's Thatcherite deregulation of the financial system has led us to the current mess, won't be requesting the newest version of Sheffield Hallam's report, which shows a real unemployment rate of 3.4 million people for the UK as a whole. Ideally, it should be stuffed down the greedy gullet of every grasping MP in the whole sorry edifice that passes for the "Mother of all parliaments".
The least we can do next year is add 600 to this sorry, growing tally of human misery.
Tuesday, 22 September 2009
Home Rule: The Mount Estate Way.
Today the Mount Estate hit the news again, with a more positive story. Tenants on the estate are being ballotted to draw down the power to run aspects of the estate themselves, through a TMO or Tenant Managament Organisation. This initiative, the first of it's kind in Wales, is being pioneered by the Mount Community Association, who are confident of a positive outcome to the ballot.
I'm all for these kind of initiatives. There are those on the Left-wing of Welsh politics who have a very ambiguous attitude towards this kind of development. As commentators like the Independent Working Class Association have pointed out, the Left has unfortunately become conflated with statism, so that community-driven solutions are automatically labelled as "backdoor privatisation". This is certainly my experience in Wales, which seems unfortunate to me, as what should be important is what benefits tenants, and not Left-wing activists.
Some years ago, I ran a small campaign in Bridgend in support of a "third option" in the local Housing Transfer ballot. The two existing options were, stay with the Local Authority as council tenants, or transfer to a Housing Association. I argued that there was another option, which was to transfer to a Housing co-operative, or Community Mutual. This option has been specifically designed and pioneered by the Welsh Assembly, and is designed to be tenant led and controlled. In my idealistic young mind, the principle was simple: council tenants live on the estates, why should they not decide how they are run?
In running this campaign, however, I was brought up short by the pointed insights of an experienced local housing activist, an independent character who gave me a lot to think about. He pointed out that the Mutual option had actually been looked at, at an early stage in the housing transfer process, but enthusiasm for the option was very limited. The ballot campaign itself was beset with apathy and indifference. His conclusion was simple, but rather depressing. Tenants in the area just didn't have the confidence to run their own estates, and for that reason, a tenant-run housing co-op just was not feasible.
In light of this, it's revealing to realise that while this is the first TMO of it's kind to be developed in Wales, there are some 270 in existence in England. Why should it be that council tenants in England are that much more ready to take the management of their estates into their own hands? I suspect that somewhere between the dogma of many activists on the left in Wales, and the lack of confidence that seems to afflict many welsh council tenants, you will find the answer.
Looking back now at this seemingly negative experience, the Mount estate gives me a little hope. It sounds to me like people in the area have enough confidence to take that first tentative step towards self-determination. If people on the Left want to brand that as "privatisation" that's up to them. If tenants find that it frees up money to invest in real changes on the estate, and gives them the confidence and self-respect that comes with the realisation that they can manage their own affairs, they are bound to be for it.
At the end of the day, they should be the judge, and no-one else.
Thursday, 26 March 2009
Only in America...?
DEAR Wall Street,
What a bunch of whiny f**king babies. John Galt would be puking blood for 200-pages over this load of sh**, you bunch of sobbing welfare queens. You f**ked up. You ruined everything. You broke it, and we f**king bought it, because big baby was too big baby to fail.
We get it all ways from you motherf**kers. You're robbing us of our present and future now, but first you stepped on our throats on your way to the top. You raked in the money with a bunch of made up fantasyland bullsh** that wouldn't fool a counting horse on America's Funniest Home Videos, but somehow suckered in every major bank in the world.
Credit default swaps.
Those things are so f**king dumb that when you explain them to somebody and they laugh about how dumb they are you've got to act like ooooh they're so magical and complicated. Far too complex for the plebes to get. No! Wrong! Go into OTB and put fifty dollars on Rambo's Beautiful Blood. You just bought a credit default swap. Whoaaa you're blowing my simple pea brain with your fancy Wall Street talkin'. You sadsack ****ers.
So everybody bought into your big scheme, even when they didn't know they were playing, and now the whole thing has come crashing down because too many people won the f**king unbelievably obvious bet that a million illegal immigrants were going to default on million dollar home loans. Suddenly all your stupid fake money is gone, but if it's gone the whole system of bullsh** lies collapses and you look like d**kheads. So whoopty-doo, now we gotta make the fake money turn real or else the house of sh**ty c**t cards comes crashing down, only there isn't enough real money to cover all the fake money, so we're making more real money.
Then there's A.I.G., the bad seed, the carbuncle on our anus, the weeping wound in our tit, the sorry source of all our misery and woe. This is the monster garage full of miscreants that dreamed up the fire-breathing nitro-gulping predicament we're in right f**king now. Their financial products division created the derivatives market from lies and their executives raked in billions in bonuses and easy money. While they were peddling bad bets, median wages in the US stagnated and poor working schmucks leaned increasingly on credit to get by. Prices on everything were going up, but credit was easy to come by what with all that bullsh** money to throw around. And then the good days ended, for the poor sh**head in the middle class anyway.
While you a**holes on Wall Street were lining up for your first round at the government trough, the poor f**kers that had been using credit cards to maintain their standard of living from the 1990s were beginning to lose everything. Their houses, cars, health care, and even their jobs were disappearing. F**kers at Merrill-Lynch, A.I.G., Citi Group, Bank of America, and on, and on, and f**king on were taking huge bonuses or executive compensation packages. They were "retiring" to third world countries where their fortunes would set them up like kings.
And listen up motherf**kers, because we f**king paid for it. Us. The f**king taxpaying public. The dudes you have been grinding beneath your heels since you first read Ayn Rand and sociopathed your way through econ 101. We're your paymasters now, f**kers. And yeah, your tools in the government and in the press are between you and us for now, but we've got one trick up our sleeve. One and only recourse while you're raping us for our last f**king dollars.We can get ****ed. We can let the hate take over and form a f**king mob. When you take home bonuses from our money, when you get our bailouts and have your lobster luncheons or your strippers and coke parties at the Mirage, we'll be there with our torches and our f**king pitchforks.
And just because you got your little crybaby letter in the New York Times, just because "the media narrative" is turning back in your favor, doesn't mean we have forgotten. We're ****ed and we know what you did.Jake DeSantis, you f**king narcissist, don't give me that bullsh** self-pitying resignation letter. Don't tell me you weren't the dick that has been f**king this country, just the hand on its throat. Don't make me laugh with your charity donation lesson in life.
Let me give you a life lesson.
We'll go through the Red Cross and the March of Dimes to get to you. We'll leave Jerry's Kids mewling and thrashing in the gutters and overturn the Salvation Army Kettle to get our f**king money back.You're all scum. Villains. And before this is through blood will be shed. Human blood that doesn't come out of a gigantic f**king vagina like yours, DeSantis. It's not a threat, it's a promise you're making to us."Come get us," you're sneering."I hope you like to eat turds from a human butt," we're sneering right back.Your offices will be lit from within by the fires of a thousand burning evil motherf**kers and their evil personal assistants. There will be chaos. Triple chaos. Saigon all over again. They'll be pushing G5s off the deck of an aircraft carrier to make room for the next private jet escaping New York. We'll string the filth of the NYSE from lamp posts and Rick Santelli's empty sockets will look out on the streets, choked with useless paper and cars torched for insurance money.The orgy of our outrage will be legendary. We'll cut off hands and feet and gouge out tender parts. We'll feed chopped up guts to dogs and rotting carcasses can fertilize urban gardens.
Remember that tree they put Conan on? No, that's not for you, that's for your wives! You should be so lucky!The last of you, the scarred remnants of your horrible tribe, can read this to a congressional hearing, your voices quivering with indignation while pale fists hammer on the glass and cry to see your blood spill out in a red gush across the steps of the Capitol.You motherf**kers had better be afraid. You haven't learned your lesson yet, but we have. DEATH TO WALL STREET!
Sincerely and with warmest
regards,
***********











