Pages

Wednesday, May 30, 2012

Major UK Refinery Likely To Shut Down -- Not Making Money

Link here.

Data points:
  • supplies 20 percent of London's fuel requirements
  • employs 800 folks
  • authorities: it won't be missed -- except by 800 families

4 comments:

  1. The green socialist of Europe are incapable of making common sense decisions. The Kaota Protocols are their false religion and they are blinded by it.

    How long will it be before the whole continent goes into a deep economic recession? Only time will tell. This is the stuff that eventually winds up in revolution and Europe has a history of some pretty ugly ones.

    ReplyDelete
    Replies
    1. I will be posting this tomorrow morning in my Thursday morning ramblings:

      I remember vividly the day/night the Berlin Wall came down. We were stationed at Bitburg AB, Germany, at the time. The plan was for the gates to be opened only for a short period of time to allow relatives on either side of the wall to freely visit each other. The excitement was palpable, and I remember saying to myself that once the gates were opened, there was no way they would be able to close them again. The rest is history. Pandemonium erupted and East German guards left their posts. Within 24 hours the Berlin Wall was down. It was incredible to watch history in the making.

      I say all this because I get the distinct feeling we may be seeing history being made again, this time in the EU as it starts to implode. No one "wants" to see Greece leave the EU because of the symbolism it would present, but Germany is not going to send "the laziest, most incompetent country" any more money. Euro bonds are still being talked about but will be just another opportunity to kick the can down the road. It's hard to believe Greece will exit the EU, but one gets the feeling that train has already left the station. Spain is on the ropes; we may see a run on the banks this week, next week. And then Italy. Even if bureaucrats come up with a way to "save" Greece and the EU, Spaniards and Italians are "voting" with their feet and a visit to their banks.

      This may all be hyperbole; the crisis may be resolved, but a lot of folks had the same feeling about the Berlin Wall. Until 24 hours later.

      Delete
  2. That must of been a very exciting time to be so close to history being made. I remember it as a exciting time here at home watching it all unfold on TV. Hard to believe there is a generation now that knows little about it. I will be looking forward to your post tomorrow.

    What a awesome blog you have Bruce. Thanks for your dedication to it. You always have something to stimulate the mind and causes people to think things out rather than going asleep and believing all the propaganda that is fed us everyday.

    ReplyDelete
    Replies
    1. Thank you for your kind words.

      I'm not particularly articulate, but I think folks understand what I'm trying to say. Smile.

      (My wife does not share my political views. Smile. So, I don't get to bounce things off her first before blogging.)

      But, yes, it (the Berlin Wall) was incredibly exciting. I truly could feel the energy/excitement the 24 hours before the wall actually came down. I knew that once folks had that feeling of freedom, they would not be able to close the gates, but still it was a surprise.

      Delete

Note: Only a member of this blog may post a comment.