
Credit Crunch 2, This time it's personal!
Created by: jerome :: 1 year ago
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Vote: +0
"Credit crunch bank debts didnt go away, they are now just owned by governments. Government austerity measures are the governments way of taking our hard earnt money to pay for greedy banks bad debts and bonuses, while the bankers get of scott free. My wife is loosing her job, my taxes are rocketing, state support is being withdrawn for those in need. I am angry as hell. Is it time for the revolution yet?"
By: jerome :: 1 year ago
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"If we pay down our financial the debts, we may keep our homes, however our ecosystem will evict our entire financial system, our homes and us if we dont pay down those debts as well!
Just dealing with the finacial crisis, without addressing the natural resource issues, like climate change, food and sustainable energy sources, is like fighting a fire by turning on the smoke extractor.
The deep green revolution is what we need, The world's financial malaise is clearly tied to our unstainable use of natural resources, with a growing world population. less stuff, more demand everything costs more, we cannot repay our debts. Fairly straight forward.
The Conservative lead UK coalition government would have us belive that the private sector can solve the problem by being more lean and efficient than the public sector, so privitise privitise privitise.
Maybe the public sector does need a bit of a shake up, but it is the private sector mentality, that that the world is there to provide free resources, leading to the battle against environmental regulations and limits, that has got us into this mess."
By: jerome :: 1 year ago
Vote: +0
"The environmentally amoral private sector quest is to generate money as an end in itself, this offers short term gains, jobs and growth. However, without understanding that money evapourates without sustainable use of the world natural resources to support it, will once and for all lock us into a collision course with our planet and sow the seeds for the next economic meltdown. This is the thinking that got us into this mess in the first place.
If we hand all the power and control to businesses, businesses will continue to lobby, exept now with more leverage, for less environmental regulation and burden, because it costs in the short term and in the short term we need cash.
Unfortunately to solve the global environmental and resource crises, all we have is the short to medium term, 5-10 years.
The BP oil spill is a good example of the 'efficiency' of the private sector in generating money. Environmental sustainability is an inconvenient add in, so the overall cost to society ends up being far higher than the profits of the oil drilling would have ever been, some of this cost will be recouped by society, but not all. I am sure that faced with the full cleanup cost, including lost earnings, damage to ecosystems, tourism ets BP would argue that they would be bankrupted and could not, would not pay.
Another example is the UK big 6 energy companies pursuading the government to delay the closure of UK coal fired power stations. Many were due to close by 2017-18 because of the EU Large Combustion Plants Directive; this was a key part of the govt's commitment to cutting green house gasses. The powerfull energy industry lobby group (incidentally created by the energy sector privitisation of the last conservative govenrnment) ensured that the government was pushed to negotiate a reprive from Europe, condemming the UK to a further decade of high carbon electricty."
By: jerome :: 1 year ago
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"This is the type of costs benefit analysis Nicholas Stearn was tring to get accross in the Stearn report. Our ecosystem as a big supermarket with no tills, just an honesty box by the door. While it is tempting just to take as much as we can and sell it down the road for a profit, the more we take and the less we pay, the more IOUs we leave, the less stock there is next time we visit.
Yes we are already facing a revolution of sorts. The UK goverment is erasing whole sections of the public sector, with the vauge hope that the private sector will fill the gaps created by the anarchy that ensues. No doubt the gaps will be filled, even if it means giving away public services to private companies, because we need the services that are being taken away.
In driving down costs through the private sector, where is the incentive to pay into nature's honesty box; to pay for the reductions in our CO2 emissions, to ensure there are still fish, bees and energy supplies in 5 years time, to ensure there is still hope of survival in the face of climate change.
Who will benefit and who will profit, how strong is the governments resolve to deal with environmental issues with impacts beyond its term in office? Paying down our debts to our ecosystem may seem optional now, at time of international austerity. In reality there is no option here."
By: jerome :: 1 year ago
Vote: +0
"Yes it is personal but the current government made up of toffs whose only challenges in life have probably been to propose to their wives doesnt think the way we do. They believe that the private sector is the only way forward. Their friends run the banks, run the big businesses, this is all they know and they are so sure of themselves. These people worship one thing and one thing only and it is a 6 letter word starting with P and ending with T. Environmental issues are issues that interest them when there is a possibility of cashing in and they create all these fancy mechanisms that actually doesnt deal with the root cause of the problem. Jerome what can I say...how can we start a revolt with just the 2 of us? Are people sleeping? How do you wake them up?"
By: Mark Seth :: 1 year ago
Vote: +2
"Jerome and Mark, I couldn't have rid it any better. I hear you both and I, too, am wide awake and wondering just how do we get others to wake up and what can we do to motivate them to action? I can't tell you how sick and tired I am of people whining about what's going on and then sitting back and not doing, or even questioning if there is something purposeful they can do.
I'm too angry right now to wrote anymore, but I will pick this up and continue with my thoughts in the next day or so."
By: candeeb :: 1 year ago
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"I'm on board as well."
By: eleanora :: 1 year ago
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"I work for an energy and carbon reduction charity and am active in local politics and strategy. We can all do things to help our selves, help our communities and help our towns and cities. For all the hot air, most local authorities have not got a clue and need help in motivating communities and even in understanding the technologies and opportunities.
Either we try to tear it all down or we try to change it from the inside. I am working on the inside to try to ensure that my city, my community and the services it depends on will be able to weather the comming troubled times.
I recently wrote the Nottingham city energy strategy,( http://www.nottenergy.com/renewable-energy/the-nottingham-2020-sustainable-energy-strategy ) and with a colleague the nottinghamshire county NHS carbon managment plan( http://www.nottenergy.com/files/file2.pdf ). I recommend getting involved in Transition Towns groups, though take the dogma with a pinch of salt! Try and shoehorn these groups into a position of influence on local committees and policy groups and out yourself forward as representative of a local community, this will help you get funding and support. At the same time use these groups to build resilience to climate chaos and energy price hikes into the services and essential supply chains on which your community depends.
I still dont know if it's too ,late or not for climate chage. But I do know that the same actions we need to mitigate climate change will be the ones we need to take to survive the post oil and climate chaos transition. We cannot all run to the hills, so we may as well get on with trying to change the things we can while we can. Basically theres nothing to loose!"
By: jerome :: 1 year ago
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"But if that doesnt work, direct action to forcably decomission the coal fired power stations. A crime to prevent a greater crime has many precedents as a defence in UK law."
By: jerome :: 1 year ago
Vote: +0
"Unfortunately Jerome I am ashamed to say I am not sure at all as to how these things work here in the US. And I really can't even say I know where to begin to look or gather information in reference to this problem and solution. So, if there's anyone from the Us or who can give me any kind of guidance as to how to get started, I would greatly appreciate it.
Thanks so much Jerome and Mark for all your concern and sharing your ideas and solutions as well as, the advocacy you do."
By: candeeb :: 1 year ago