BP Again.

Hold on there. British Pensioners are complaining about President Obama destroying their pensions because he is talking down BP share prospects? In 2003 a major report stated that Earth would run out of oil within twenty years. I repeat: No oil in about thirteen years. NO OIL. Why would a Finance company, or insurance company or investment advisor suggest to anyone to invest in oil as a pension commodity. If I was 18 year old and had two ounces of intelligence (grey matter) between my two ears I would know if I was buying a pension to provide for my family on my death in 2060 I would not invest in oil. There will not be oil in 2060. There will be no oil on planet earth by 2025. Why did the BP disaster happen? BP were looking for oil five miles under the sea. There's probably more on the moon. Don't blame Obama. Blame greed. Greed. A pension is for your protection when your old and feeble. Not for your financial advisor to get old and rich.

Irish Opinion Poll Shock

The Irish Labour Party has for the first time in the history of the Irish State become the most popular political party in Ireland, according to an Irish Times opinion Poll. Ireland has three main choices of political parties. Fianna Fail, Fine Gael and Labour. Closely followed by Sinn Fein, the Green Party and Socialists and others. Fianna Fail is a populist party who try to please but basically are supported by the multi rich in Ireland but more often outside Ireland. Bond holders would be the biggest supporters of Fianna Fail. Fine Gael are the Consertive party of Ireland, if we compare Mr Cameron's party in England. Labour is a centre party like Tony Blair's labour. None of the major political parties in Ireland would support a re-distribution of wealth in the ROI. Such as reducing the wealth of the top 7% of the population and increasing the conditions of the bottom 30% of the population. So if Labour really do have an influence in Government in Ireland shortly, people on poverty income will not notice it. The billionaire bond holders, the Owners of Ireland will tell Labour what they can do. And Labour will do it. To stay in power. Wednesday's documentary on Ireland's TV3 with Vincent Browne was probably the fifth time that the ruling classes in Ireland were publicly accused of major crimes in the Irish Republic. Those responsible were named. Criminality. Vincent Browne as a Barrister continues to repeat those words. But the police service in the Republic of Ireland over the last fifteen years have been appointed by Fianna Fail. Until the people of Ireland destroy Fianna Fail at the ballot box, in other words by the sheer force of democracy, Ireland will always be governed by the rich, the criminal, the corrupt. Anyhow, as Vincent would say get on to something sensible..... futbal!

Gaza v Israel

I worked in the Belfast Telegraph 1966 - 1968 as a copy boy. The build up of Arab nations against Israel led by Egypt, as a 16 year old, I thought was horrendous. I thought that surely Jordan, Syria, Egypt and their supporters would wipe Israel out. In fact I can remember in population terms I think there were three hundred million Arabs against one and a half million Jews. Not sure of the maths but someone will correct me. Just in terms of the odds then I felt a great pity of Israel.

Now I see Gaza and the West Bank. In the sixties it was a country fighting for it's survival. Today it is Israel doing what Adolf Hitler did to the jews in the thirties and forties. Israel are looking in the wrong mirror. The Israelie people must start looking in the right mirror. The threat to Israel does not come from Palestine. It comes from the world's population. Israel is open to attack because of it's Hitler like oppression of Gaza. In the past it could rely on world sympathy. Human beings can't support any kind of Nazi activity. Whether it comes from Jerusalem, Berlin or Tel Aviv. Release the One and a half million prisoners in your Gaza concentration camp Israel. You may actually lose a lot of Israeli lives doing that. But if you do not you will have to fight the rest of the world. And nuclear weapons will be useless in that situation.

British Petroleum

President Obama isn't interested in the "special relationship" with the UK. He never was going to be. Reagan, Bush, Bush II, Thatcher, Blair. Then came along Browne and Obama. Two human beings. Obama seems to reflect the humanity of ordinary Americans. He will never feel comfortable with the trillionaires, billionaires, or multi millionaires. Hence the BP oil spill reaction. BP's aim is to pay out their rich shareholders between $2 billion and $7 billion next week. Obama is just right to make sure that every fisherman, every tourism operator and every fish and sea bird are compensated. So lets say before a single cent/penny of profit is made by BP they set aside £15 billion in Obama's saving account. Profit v Humanity. 0-1

World Cup 2010

The Republic of Ireland did very well to hold Uraguay to a 0-0 draw tonight. You will wonder what planet I'm on as it is suspected that the Republic of Ireland are not paricipating in the world cup in South Africa. France qualified to get to South Africa by cheating through Thierry Henry. Three FIFA Officials supported the Henry cheat. FIFA Officials. I hope France (Republic of Ireland) win the world cup. Because then the governing body in Dublin can take thier legal advisors to Paris and claim thier Cup back from the cheating France and FIFA! Ole! Ole! Ole!!! The chances of France winning the world cup or even getting through the first round are minimal. Ireland would have spiced the thing up. They wouln't have won it either. But they would have been more exciting than snails and frogs. Apologies if that sounds a bit Irish! I did a bet on an African draw and a French win. I have three more predictions: South Korea and Argentina to win and England to draw with USA. I've one up and one down in a Canadian. Better than 10 billion on the stock markets, say BP? Ha Ha!