"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Thursday, January 12, 2006

FCUKED

I formed the Forthcoming UK Energy Deficit FCUKED over 4 years ago to highlight the insanity of succeeding UK Gubments incapacity to understand the at the country was hurtling headlong into an energy cul de sac.

(See excellent Vital Trivia links from here for current details)Mrs T's "Dash for Gas" ensured the UK pumped out the North Sea to boost cheap electricity production , unhindered by the revolting miners. Conoco Phillips and others swilled out the N Sea resevoirs heedless of the Kk Strategic interests (qv Norway ' Statoil's more sensible and PRUDENT policy).

Cpompund this with the Labour Gubments wind energy delusions, now shuddering to a halt as the futility of the exercise, the difficulties of offshore wind farms and the high costs and maintenance and the intractible and costly distribution system required and the future looks bleak.

Lard this with the lamentable record of UK Coal, now being circled by the Int. Coal Group ready to rape and rob the shareholders of their saleable above ground land assets, close the remaining few mines and import cheaper imported coal and rising tides of petcoke from overworked global refineries handling increasing volumes of high sulphur oil. (Pet coke is the residue after refining crude oil for high volatile distillates = trials are underway at Drax the overseas owned power station producing near 10% of UK electricity).

You don't have to apply to join FCUKED (Prop. Tony Blair), just live in the UK you get automatic membership. No member benefits.

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(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish