Pete

Pete

@hurst09.bsky.social

Healthcare worker, love music, dogs and science fiction. Interested in how organisations work.

242 followers199 following187 posts

If you want to understand how the upcoming Autumn Budget was settled before it was even delivered, look at the media-market loop right now. The banking lobby literally got caught using rigged data to panic the Treasury, and yet the corporate media acts like it's objective gospel.

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Meanwhile, the big banks are comfortably hoarding a 2.90% Net Interest Margin and a 14.1% Return on Equity. The system is working exactly as programmed: it treats corporate profits as sacred and household survival as a minor, boring technicality.

This is pure Capitalist Realism. The spreadsheet has vetoed the ballot box. The deep tragedy isn't just that the public is losing the economic battle—it's that the system has successfully removed the language required to realize a war is even being fought

If you want to understand how the upcoming Autumn Budget was settled before it was even delivered, look at the media-market loop right now. The banking lobby literally got caught using rigged data to panic the Treasury, and yet the corporate media acts like it's objective gospel.

The right-wing press has spent weeks dragging the Overton window so far to the right that standard public investment is treated like dangerous communism. They use words like "lefty" as a smear to scare a center-left government into ordering its own austerity.

Look at the actual receipts. UK 10-year Gilt yields dipped slightly today to 5.35% because the Treasury leaked that its new funding package won't actually start spending real cash until 2028. The markets are literally rewarding the state for kicking the can down the road.

They have faced declining funding for the last couple of years alongside cost reduction targets and threats of take overs and other harsh external oversight. This has been accompanied by the whole ‘mental illness is over-diagnosed’ rhetoric.

I’m also aware of the current debate on the effects of lockdown during COVID. So there is a story here of misguided Government policy impacting on a sector already experiencing chronic underfunding (compared with other parts of the NHS) and the is what ELFT and others are responding to.

So basically, what I take from today’s Times reporting is that Farage and Co. couldn’t even keep up with their own lies!

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Well done to the demonstrators who turned out in their masses to counter the far right in Brighton. Good people outnumber these hateful little nobodies and always will.

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Brighton today, the Police are having to protect the handful of Nigel Farage and Tommy Robinson's racist thugs, from the hordes of normal anti-racists who aren't blinded by hate. We are going to beat the racists back into their caves.

Pete reposted

Labour responds to reports Nigel Farage owes almost £10k for county court judgment after pocketing £5 million: “Farage’s finances just get murkier and murkier. If this is how he handles his own affairs, the public can have no faith in his ability to manage the public finances if Reform won power."

Pete reposted

All my solidarity with the protesters preventing ICE gestapo thugs from dragging away their neighbours. We can always benefit from a reminder that ordinary people have the power to resist

AstralFlux Astrology@astralflux.bsky.social

💥 BREAKING: ICE tries to raid Home Depot located at 6400 Alondra Blvd. Paramount, CA Protesters are able to successfully stop them. 6/7/2025 @12 pm #ice #raids #losangeles

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