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“The Greek government has fallen sharply behind on payments to healthcare companies only months after restructuring its €5.4bn ($7.6bn) debt to suppliers, raising doubts about patient safety while revealing the looming cash-flow crisis faced by the state.

“The pharmaceutical industry says only 30 per cent of €1.2bn in payments owed by public hospitals since the start of last year have been made. Of debt due from the start of 2011, just 1 per cent has so far been paid.

“The cash crunch in the health sector adds to the urgency of measures planned by the Greek government to raise revenue through a pledge to sell €50bn of state-controlled assets. Fears are mounting in eurozone capitals, however, that the socialist leadership of George Papandreou, prime minister, is not committed to the painful measures necessary to meet revenue targets.”

It is well known that socialists do not pay bills.

As Obama and the Fascist ‘New’ Labour cult will tell you, there is no problem with ‘borrowing’.

‘Borrowing’is a false concept invented by capitalists to fool ‘the workers ’.

Note, that just because the bills are not being paid is not stopping the drug barons from supplying the drugs.

No, debt is a positive thing. You must look at is as ‘investment’.

What matters is equality and free money. There’s plenty in the world as long as you stop believing in ‘reality’.

Belief in reality is unprogressive.

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socialist religions

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the effect of fascist ‘new’ labour’s profligacy on national security - liam fox

“As a result of the First World War in the 1920s and 30s, Britain’s national debt was regularly over 150% of GDP. After World War Two, it peaked at around 250% of GDP. As examples of the effect, economic considerations underpinned both the British withdrawal from Palestine in 1948, and the abandonment of the Suez campaign in 1956. It wasn’t until the 1970s that the debt position recovered to under 50% of GDP — a quarter of a century after the end of the War. Britain’s so-called ‘East of Suez’ moment in 1967 when the Wilson Government announced a major withdrawal of UK forces from South East Asia, was a response to the decline in the country’s relative economic strength. Equally, the Cold War was won because the Soviet Union collapsed under the weight of an economic system that could not sustain the myth of communism’s superiority — nor sustain the military forces required to hold it together. During the early 1980s for instance, the Soviet Union was spending around 20% of GDP on Defence — roughly four times the level of the US and wholly unsustainable in the long-term. The lessons of history are clear. Relative economic power is the wellspring of strategic strength. And, conversely, economic weakness debilitates every arm of government.”

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gingrich declares for the presidency - he’s able to cut obama to ribbons intellectually, but...

Can Newt Gingrich fight the leftist fossil media and the celebrity nonsense of rapper Obama and game show Trump?

Is the USA ready to return to serious politics?

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more on brown the clown’s mess

“Gordon Brown loves to say that ‘it started in America’ but, in many ways, London was the source of the contagion. It was the Nevada of the globalized world, the most ineptly-regulated financial centre out there. It was Lehman’s London division that ran up the worst liabilities. It was AIG’s team in London that were its worst offenders. No wonder the Icelandics don’t want to repay their British debt: their maniac bankers were rampaging around London, not Rekjavik. Brown didn’t really care: his government took a 40 per cent cut in every bonus paid. As I wrote for the News of the World, Brown governed in coalition with the banks. Britain was a bankocracy.”
—
“Throughout history, moneylenders have always been an easy target. Osborne has played to the gallery, making sharp attacks on banking profits and defending other Brownite policies such as the 50p tax on high-earners. He would argue that being seen to hit the rich and the bankers is necessary; it’s the sugar that makes the fiscal medicine go down. Maybe so, but it carries a greater risk. Every voter who blames banks for the financial mess is a voter who is not blaming Gordon Brown’s government and is more relaxed about Labour’s return. For Osborne and for the country, this is the far greater danger.”

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who is gordon brown?

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trusting the fossil media

“£20bn RAF Typhoon jets grounded due to lack of spare parts” [Quoted from dailyrecord.co.uk]

“The overall cost of the programme is now estimated at £20.2 billion, with the price per jet spiking from £72 million to £126 million.”
—
“The committee claimed that the RAF had no option but to cannibalise jets for parts in order to keep the maximum number of Typhoons in flying condition in any given day.” [Quoted from google.com/hostednews/afp]

This is normal practice.

“ News of the bombing came before it emerged that pilots of the £80m plane were grounded last year because shortages of aircraft spares mean they cannot put in enough flying hours to keep their skills up to date.” [Quoted from dailymail.co.uk]

“The Commons public accounts committee said five Typhoon pilots were grounded last year because they had been unable to put in enough training flight hours.” [Quoted from bbc.co.uk]

“...Typhoons for ground attack operations at a cost of £119 million...” [Quoted from google.com/hostednews/ukpress]

According to the public accounts spokesperson on Sky this morning, the price was £117 million and 3 ’planes were grounded.

A million here, a million there, times 160 planes (maybe changed again tomorrow!).

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the criminalisation of truth

4.43 mins

Viewed 137,270 times in 2 ½ months.

I wish he sounded less angry, but I s’pose he knows what he’s doing.

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