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Lord Green, Minister for Trade and Investment: A Distinguished Career in Reverse.

12 Aug

The Lord moves in mysterious ways…

August 2012

Private Eye Magazine (UK) reporter Richard Brooks states that “London is at the centre of a web of embezzlement that steals from the world’s poorest while bankers and regulators look the other way.”                                                                                

August 2012

Lord Green, previously chief executive of HSBC  is now linked to money laundering investigation                                                                                                              

August 2012

Standard Chartered Bank (UK) is accused by US regulators of laundering Iranian money.

August 2012

Barclays Bank (UK) accused of “reckless mis-selling” of a business product.   

July 2012

Lord Green accused by US Senate of ‘failing to halt flow of drugs cash’

July 2012

HSBC (UK) is now the focus of a major tax fraud investigation by HMRC into its Swiss -owned subsidiary. Allegations include laundering Mexican drug money and being a haven for British tax evaders.                                                                                                                                                            

 July 2012.

25% of British Conservative Party donors come from the financial sector in the UK. Prominent Tory donors are linked both to firms that have successfully gained government contracts – and also the government decision-making panels that awarded the contracts. A clear conflict of interest.                                                                                                                  

July 2012.

Bob Diamond, UK chief executive of Barclays Bank resigns. Barclays blames ‘…senior Whitehall figures…’

July 2012.

Barclays Bank (UK) accused of fixing Libor exchange rate.                                                                                                                     

May 2012

LTSB (UK) banking chief Jessica Harper is accused by CPS of operating a £2.5m scam while working as the LTSB’s head of security and digital banking.                                                                                                                                                                               

May 2012

Santander (UK) and LTSB (UK) accused of failing to provide affordable loans to small businesses despite signing up to the £20 billion government scheme.

(it has been often said by those who know, that ‘a week is a long time in politics’. At this point in the time-line, Lord Green has now been in his position as Minister for Trade and Investment for over a year.)

January 2011

Lord Green is appointed by David Cameron as Minister of State for Trade and Investment.

November 2010

Stephen Green is given a life peerage by David Cameron and enters the House of Lords as Lord Green

October 2010

Stephen Green, ex director of HSBC Private Banking (Suisse), The Bank of Bermuda Ltd, HSBC (Mexico), Hongkong and Shanghai Banking Corporation, steps down and discusses joining the Conservative Party with David Cameron.

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Standard Chartered and FSA stumble after NYSDFS and Jeffrey Robinson kick zimmer frames.

7 Aug

“Comatose”.

With this one word, American financial crime analyst Jeffrey Robinson described the  British Financial Services Authority on the BBC’s national radio news today.

Of course, being a writer, Jeffrey placed the word into a coherent sentence (you get more jobs that way) but his damning judgement rang out across Britain as a thousand pictures could never do.

The New York State Department of Financial Services is gunning for City of London -based Standard Chartered Bank. Standard Chartered was accused of breaking pretty much every rule that matters in an apparent attempt to launder Iranian money.

Standard Chartered shares dived by over 16% in value today as the news got out that the bank had ventured into the cross-hairs of one of the world’s most influential financial investigatory bodies.

Strange then, that Britain’s own FSA was not the one making the accusations or even raising a pair of opera glasses? Not really.

Although the FSA describes itself as the body that regulates the financial industry in the UK, it has an almost unbroken record of not regulating the financial industry in the UK. The FSA’s record is startling in both breadth of inertia and depth of failure.

The FSA has failed to step in on almost every single case relating to a British bank that is now facing charges of corruption, mis-selling, dishonesty or fraud. Almost every high-street bank in Britain is now facing legal action for one crime or another but none of those legal challenges was begun by the FSA.

The FSA appears to be run by people who share the interests of the fraudsters whom it is responsible for regulating and excluding from Financial Services. How else could it explain such a ridiculously poor performance? Has it been off work with a bad back since 2002?

And this is where Jeffrey Robinson comes in. While the American version of the British FSA is regulating British banks, the American version of our business analysts accuses the British FSA of being “comatose”.

You see, as the Americans have often pointed out, we British don’t know how to complain.

And if we do, we often find that doors close in front of us and promotions don’t appear as they used to. Our job positions are deleted in sudden cost-cutting exercises and we may be regarded as “no longer having the correct security credentials.”

Jeffrey Robinson doesn’t need a promotion to keep up with the mortgage on his apartment and he’s not scared of the greasy and corrupt men and women behind the scenes in the City of London. Many British commentators are afraid and with good reason.

Remember, Britain is a small island, easily fitting inside the footprint of some US states. David Kelly ended up committing suicide when he was hounded for leaking a few facts. Well, that’s the official explanation. Read the whole Wiki article before you reach a judgement. The undisputed facts of a very British death.

Just like in World War 2, The Americans may have dived in a little late but they do seem to be digging in rather nicely, making up for lost time. Once again, they’re fighting alongside the British people against a small band of wealthy elitists who threaten the democracy and stability of the west.

It is not quite clear whether Prime Minister Cameron and Chancellor Osborne are willing to ‘do a Rudolf Hess’ and extract themselves from the influence of their six Bullingdon Club friends and the dozens of Old Etonians who are now influential city bankers and financiers. It would be difficult for either of them to use the excuse: “We were only following orders.”

An out-of-touch and under-skilled Prime Minister gives the job of Chancellor to his close Bullingdon Club friend, despite that friend having no personal experience of business. Not a problem…if your city friends actually run the show from the shadows, is it?

Unless American institutions and American commentators start to speak up now, the bad guys could win for good this time.

Today’s war is not about Democracy versus Fascism, nor the failure to regulate. It is a war about Lawfulness versus the illegal and covert creation of supreme wealth and unimaginable power.

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New U.K. Immigrant Citizen Test: If you pass it, you’ll end up like us.

1 Jul

The UK Home Office is re-writing the test given to immigrants wishing to become British citizens. If you are an immigrant to the UK and are currently thinking of applying for British citizenship, then Roadwax is pleased to welcome you to this sceptered isle and provide you with the following information.

A Brief Definition of the United Kingdom:

The UK is made up of a group of different countries who are not actually united. These countries are: England, Wales, Scotland and Northern Ireland.  To get round the obvious problem of historical and cultural disunity, the government describes the citizens of these four countries as collectively being “British”.

Wales, Scotland and Ireland all have their own languages and cultural beliefs. The British government has fought hard to stamp these out and officially obliterate them over the last two centuries. Only a few weeks ago, the young lad carrying the Olympic torch through Cornwall had his Cornish flag ripped from his grasp by a security official, obviously anxious to promote social harmony and cultural respect. This bullying and suppression has served only to enhance the differences within Britain and reinforce mass contempt for Whitehall.

Immigrant communities also bring with them their own cultural values and belief systems. Likewise, these are tolerated so long as they do not significantly threaten to change the existing system of law or social hierarchy. If they do appear to threaten the existing system then they will be suppressed by either destabilising the particular community or by making the cultural practise illegal, or both.

Britain is ruled by a Monarch called Queen Elizabeth. She has no actual power and does not actually rule. Although she is seen as the figurehead of British society, Queen Elizabeth is herself half German and is married to a Greek. To stop people continuing to notice that they are both foreigners, they use the false surname: Windsor. Like many British people, the Royal Family claim Benefits (financial support) from the government so that they can survive.

A Brief History of Britain:

Britain is an island, just off the coast of the continent of Europe. Every tribe and culture of significance has taken turns in trying to invade it, set fire to it, rape and pillage it and rule it. Ruling it (staying in power) is the difficult bit.

The Romans built a wall to keep out the tribes from Scotland but then realised that the Scots were using it to keep them out instead. The Romans left.

The Norwegians and French invaded and then realised that ‘invading a country’ is quite different from ‘ruling a country’.

The Spanish tried to invade but forgot to bring enough seaworthy boats.

The French tried to invade again, remembered to bring enough seaworthy boats but forgot to steer them properly.

The German 3rd Reich tried to invade, cut out all the complicated stuff involving boats, used bombers instead but forgot to bring enough of them.

From time to time, other cultures have attempted to invade Britain and overthrow its ruling elite. Both USA and Russia have tried controlling Britain through a mixture of cultural dominance and diplomatic blackmail. Both have failed.

If you are considering invading Britain or overthrowing its ruling elite yourself, you might consider first trying a practise run on a smaller, much easier island. For example, Sark…

A Brief Explanation of the Political and Legal System

Britain has always been ruled by a small elite, taken from a group of wealthy, educated and powerful British families. To hide the fact that this is effectively an ‘Oligarchy’, a democratic system of government is now installed and elections are regularly held. However, whoever wins these elections and becomes the Prime Minister nearly always becomes deeply socially connected to this elite. Go figure.

The present Prime Minister and Chancellor are so deeply embedded in this traditional ruling elite that their grasp or understanding of everyday life for millions of normal citizens is seriously questioned. Their own awareness of their lack of credibility among non-millionaire British voters is doubted.

After more than a century of mass voting, the 95% of Britain’s wealth and land ownership has curiously ended up staying with the 3% of those most wealthy families who have ‘owned’  it for centuries, having originally stolen it as local warlords many centuries ago. So much for democracy.

Britain does not have a written Constitution nor statement of citizens’ rights. British people have no actual rights of their own. All citizens’ rights are over-ruled by laws introduced recently “in the interests of National Security”. Nobody is quite sure what those interests are since Britain’s state interests are a secret.

Citizens no longer have the absolute right to defend themselves in a court. They are instead appointed a lawyer through the Judicial System. If a citizen can afford a lawyer to represent themselves (instead of the one appointed to them by the legal system) then that lawyer will normally also come from a family associated with the ruling elite.

The British Judiciary itself accepts openly that it is made up of a small elite, almost entirely connected by genetic and social ties. It acknowledges that this is not democratic and that it is trying to rectify this situation. Despite this admission, there appears no evidence of a genuine effort to change the system.

A Brief Explanation of the Cultural Beliefs of Britain

Historically, Britain is liberal-minded and only extremist cultures and groups find they struggle to survive. Every religious or political group that has attempted to enforce an extreme belief upon the British has failed. Facism, Catholicism, Protestantism have all failed through their use of violence, physical abuse and financial extortion.

Every Prime Minister who has taken Britain into war or used excessive force against British citizens has fallen from power almost immediately, never to return. Recent examples are: Winston Churchill, Margaret Thatcher and Tony Blair.

The British belief in ‘fair play’ is generally supported across all social classes. Unfairness is seen as a greater sin than dishonesty.

This is because ‘honesty’ is not seen as the same thing as ‘fair play’. The British reserve their right to privacy and defend it as much as they still can. But in the current and recent public scandals involving politicians and business leaders, it has been a revelation to many British citizens to watch their leaders being openly dishonest, defending themselves by lying in such a way that they cannot actually be proven to be guilty of a crime.

This blatant manipulation of the law has caused the majority of British citizens to turn their backs in contempt against  the Establishment – the political leaders and judiciary – and this is shown by the ever-declining numbers who now bother to vote. The Establishment has no problem with this trend because it serves to secure their grip, not weaken it.

There is a growing belief in British society that fair play does not apply to the wealthy, that one’s honesty is never seriously questioned if one is powerful. Therefore, prison and punishment exist only to keep the disadvantaged citizen in line.  Wrong-doers who are both wealthy and influential never get sent to prison.

As has often been said about the British Legal System: “…Just like The Ritz Hotel, it is open to everyone who can afford it…”

Why Britain Needs More Immigrants to Become Citizens:

Britain needs tens of thousands of migrants to settle in this country and become British citizens. The government is doing all it can to attract particularly wealthy and educated citizens. They spend more.

Britain needs these immigrants to work hard, earn hard, spend hard, consume goods and services that have huge taxes applied to them (like fuel, education and housing) so that extra revenue is created to pay for the massive cost of keeping the system going without changing it.

The BBC website notices that The Sunday Times says that immigrants will be told:

“…historically the UK is a Christian country…”  Interestingly, the BBC forgot to insert the original comma after the word ‘historically’. So, not a very good grasp of written English from the BBC, there…

The Sunday Times reports:

“…In an explicit attack on Islamic fundamentalism, it [the Home Office] states that there is “no place in British society for extremism and intolerance”…”

…er, no – zero points to David Leppard and Jack Grimston from the Sunday Times, who wrote the article. That is an implicit attack, not an explicit one. Actually, it probably isn’t an attack on Islamic fundamentalism at all.

It is merely stating the bleedin’ obvious.

So, the BBC and The Sunday Times, both quintessential pillars of “Britishness”, are only semi-literate. And Theresa May, the Home Secretary (or: “home secretary” as The Times describes her – a secretary who works from home) is making an ass of herself by trying to re-write the questions in the handbook for immigrants applying for citizenship of Britain.

Theresa wants you to learn the first verse of the national anthem. She has removed the bits about claiming benefits and the Human Rights Act. You will have to learn a little bit about our famous battles, artists, poets, inventors. The test will last about 45 minutes.

You will not need to know about how the legal system works, nor explain why we do not have a declaration of citizens rights. You will not be asked how much you can buy a knighthood for, even though the price is quite clearly between £2m and £5m.

You will pass the test.

You will become one of us.

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Eurozone: Landlord of collapsing gardening shed sends out for more timber…

2 Jun

The occupiers of the thirteen-year-old garden shed known as ‘The Eurozone’ have asked their Belgium-based landlord, Brussels, to “…hurry up with the repairs before the whole f******* lot falls over…”

The occupants, all members of a gardening club that sells produce to each other are desperately searching for ways to shore up the somewhat out-dated building. It was recently discovered that only the presence of the occupants themselves inside the shed was stopping it from total collapse.

An attempt by Greece to make a run for the door was thwarted when Germany grabbed it and tied it’s legs together. Spain, who were spotted edging towards freedom while whistling nonchalantly has been given threatening looks by the other occupants.

During the last two years, Italy had a shovel confiscated when other countries thought it was using it to tunnel through the floor. Ireland was then paid a huge bribe by Great Britain – a next door neighbor – to stay exactly where it was standing.

“We sell a lot of gardening tools to the present occupiers, so it would be awfully tragic for us if any of the occupants escape and cause the whole shed to topple over.” explained Britain.

“If everybody keeps calm, everything will be all right.” commented Germany, “The only problem will be if any of us try to leave. We can lend money to anyone who wants to buy more plant pots or shears.”

“The big problem is that we don’t actually need to buy gardening tools and we are broke because we keep borrowing money.” Greece explained, shouting to reporters from inside the noticeably unstable property. “The gardening tools we bought were pretty expensive, even though we got discount. Then, we had a few years of bad harvests and some of our crops were stolen by corrupt business people. Now we can’t afford to stay in the club. It is financially ruining us! The landlord should get his act together and sort out the shed!”

In response to reporter’s questions, the landlord, Brussels, has repeatedly explained that it is impossible to blame the landlord, since this is completely against the rules that the landlord has created and that all the members have agreed.

“We have, however, found some more bits of timber in the corner of the garden and are going to use these to prop up the shed for the time being. Unfortunately, these are rather expensive bits of timber and they will have to be bought by the occupants of the shed, who also paid for the shed to be built and for me, the landlord, to run it. Actually, they are phenomenally expensive. Especially if you are broke. But, we can lend money to anyone who is broke.”

An attempt by Greece to make a lunge for the landlord was averted when other countries restrained it and sat on it.

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Honey, would you park up my P-51D Mustang and help me with the shopping…?

25 May

Ikea, here we come…!

Summer has arrived and Roadwax wants to feed you with a funny little anecdote that is both utterly stupid and completely true. You won’t easily believe this story, but there is an awful lot of written evidence that supports it.

First, I must transport you back to 1945 and England, Europe. To help you get into the atmosphere of those times, I suggest that before you continue reading, you complete the following simple tasks so that you get into the mood for what follows.

Firstly, take everything out of your refrigerator and let it warm up on the kitchen table. Cover yourself in subway dust and comb low-fat spread through your hair. Rub a mixture of cheese and brown paint over your teeth and put the kettle on for a nice cup of tea…

Now, we can begin.

The war against Hitler had just ended. Germany and England lay in smoking ruins and France looked like it had accidentally posted it’s home address on Facebook and invited everyone round for a free Jack Daniels tasting session.

Without wasting a moment of time, English town planners sat around a big mahogany table and came up with ideas for how England would rebuild itself. This was not very difficult to start off, since almost everyone had been issued with a pair of Army boots and there were also an awful lot of half-bricks lying around.

A plan to build this “New England” emerged pretty quickly. All the obvious and sensible stuff was done first. A free National Health Service was set up to stop the working population from lynching the ruling elite. The State School system was encouraged to educate children with the skills needed for industry rather than simply beating them to within an inch of their lives for forgetting the second verse of that hit song: “God Save The King”.

But then it started to get wacky and kooky. Possibly because there was too much sugar in the biscuits during afternoon tea, the ideas began to reflect some pretty startling visions of a future world of mass high-speed travel.

It was decided that each major town in England should set aside space for a Municipal Aerodrome and prepare to welcome society arriving from the air.

Why?

Because the war had resulted in fantastic advances in flight, aeronautical technology and manufacturing techniques!

So what?

Well, if you remove the eight Browning machine guns from a Hawker Hurricane, you get a rather dashing little conveyance for the weekend! The Spitfire is ideal for visiting the seaside once you nail another seat inside. The American P-51D is a “must-have” toy for the Gentleman Sportsman or weekend enthusiast.

But…we already have cars to drive in…! Isn’t this a bit excessive?

Not at all. In the “New England”, men in pin-stripe suits and bowler hats will be so busy making important decisions that they shall need to rush from meeting to meeting, unhindered by the common man in his 1933 12 BHP Austin. Each town shall build an aerodrome, right next to the shops and the golf course!

Are you sure about this?

Absolutely! And stand up straight when you salute me…and straighten your tie!

(And so it was that throughout England, the Town Plans that were drawn up in the period 1944-1946 show provision for “municipal aerodromes” – built to cater for the many light aircraft that the many English middle class shakers and movers would soon own and fly. Provision was made for what would become, without doubt, the fast-moving new world where society’s decision-makers would transport themselves in one of these new, easily-affordable light aeroplanes as a matter of daily routine).

Once the town planners across England had set aside the necessary fields and used their best wooden rulers to draw a runway and a   small car park where chauffeurs could polish the Bentley and stand in deference, a strange thing happened.

Maybe it was because the Automobile Association of Great Britain pointed out that they already spent far too much of their time  pouring gasoline into the tanks of stranded cars whose owners were too dumb to read a map or understand a simple fuel gauge…

Maybe it was because the Police pointed to the number of dented or missing railings and lamp posts on the road that led away from the local golf course club-house…

Maybe it was because it was remembered how, during the war, many bombers had taken off and then crashed within the first minute because their pilots had been so drunk that they were incapable of standing, let alone focusing on an instrument panel…

…but it was decided to quietly drop these plans.

Our “Brave New World” would be a much safer one if we pin-heads were instead firmly anchored to the ground with four rubber tyres and given a shiny chrome grille where the propeller would otherwise be. As a compromise, American cars were given tail-fins.  British cars were given tail-feathers.

And nothing more was said about this brilliant idea to allow everyone to just hop in a plane and fly to the shops in the next town. Those among us who actually had the intellect and reaction speed to fly an aircraft were sold a Cessna or a Beachcraft Bonanza. The rest of us would learn to say the words “Business Class” and “check-in queue”. The town planners erased all their pencil lines and the ‘aerodromes’ were no more.

But many of the original plans are still there on the dusty shelves of local councils and occasionally can be found hiding in old book shops.

Testimony to a brief moment in society’s evolution where, in an act of delightfully misjudged lunacy, we were all to be offered our own pair of wings.

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Facebook “advised analysts to cut (valuation) forecast before float”.

23 May

Facebook…A Place For Feds

The Press Agency Reuters claims that Facebook told selected business analysts to reduce revenue and earnings forecasts for their stock flotation while it pursued it’s marketing campaign to raise it’s share price.

You can read the full Reuters article here.

It is unclear at present which market analysts were contacted with the new downward-revised forecast by Facebook and which were not but it is apparent at present that public investors may not have been contacted, nor were privy to the revised forecast.

Facebook shares have already dived 8.9% since launch, wiping more than $19,000,000,000 of market capitalization from the original $38/share initial offering.

It appears that private investors (the many ordinary members of the public who may have bought shares) were not informed by Facebook of this new, reduced estimate of the true share valuation prior to flotation.

On the contrary, Facebook was busy plowing ahead with it’s intense publicity campaign, actually talking the share price up while Morgan Stanley and other select analysts were being told the real news.

Since the legality of such behavior is currently under scrutiny, and since Facebook’s revised (downward) estimate of it’s true value are linked to the discovery that the market for future revenue was incorrectly analyzed by Facebook, this may mark the high-water point in Facebook’s place in the history of contemporary Social Media.

It has always been my personal contention that Mark Zuckerberg wished to float Facebook partly to escape impending legal culpability for law-suits brought about by Class Actions; his position at the top of Facebook left him personally exposed to truly massive personal financial loss and even prison sentences while he stayed in control.

My estimate is that Facebook will now lose share value at a rate of 30% over the next 12 month period, caused by aquisition of unstable Start-Ups, Supreme Court litigation and migration of its users to other sites.

My estimate is that Facebook will be as insignificant a player in the Social Networking sector as MySpace by 2015.

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British Royal Wedding souvenirs “made in Chinese sweatshops” -BBC Radio 4

23 May

“Hey, Mister – wanna buy a dish cloth…?”

On 18th May 2012, at 02:21 GMT, the BBC Radio 4 World Service announced that many souvenirs for the recent Royal Wedding had been made in sweat-shops in China. Young Kate Middleton knows a bargain when she sees one.

The more you think about this amazing fact, the sadder and more strangely disconnected from reality the Royal Family appear to be.

I mean, these are not the counterfeit goods – these are the official souvenirs. The souvenirs that have been commissioned, sourced and approved by the Royal Family.

I have waited a few days to see if this news item was repeated by the BBC but, as is often the case, it has been ‘spiked’  – no doubt under pressure from Buckingham Palace who have their hands full trying to organize the celebrations for the Queen’s Birthday which is coming up shortly.

Now, you don’t suppose that Buckingham Palace awarded the contracts for  manufacturing these “Happy Birthday” souvenirs to the same eager applicants, do you…?

Would the Palace care to comment on this issue?

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Ford USA announce “American Psycho” Edition of European Transit Van Model.

14 May

In one of the most complex and garbled series of press releases by any major manufacturer in recent years, Ford (USA) and Ford (UK) and Ford (Europe) have just announced their van model line-up for 2013.

After almost 50 years, America is finally going to receive Europe’s massively popular ‘Ford Transit’.

That is the European Ford Transit.

No – not the small, car-like van that is sold by Ford to Americans as the ‘Transit’. That is in fact the Transit Connect. It was called the Transit Connect partly because in Europe it ‘connects’ with the smallest version of its big brother – the Transit – when in it’s largest form, being, if you like, the smaller brother of the European ‘Transit’ range.

But, because Americans have never had the ‘Transit’ range in the first place, the significance of the appendage ‘Connect’ is kind of lost on them. They have the ‘Econoline’ series instead. So, Americans tend to refer to the Transit Connect as simply the Transit. Which makes perfect sense. Up until now.

But the water has been muddied even further by Ford (Europe) coincidentally announcing a so-called “2013 Transit” which is not actually the 2013 Transit that America is going to get. It is something quite separate as a model. Even though it may be sold in America from 2013 onward as well.

If you are currently holding your head in your hands because you cannot make sense of Ford’s Worldwide van line-up, fear not.

Roadwax is here to help you and to share your pain and try to explain.

It is all quite simple really. The marketing departments of Ford (USA) and Ford (Europe) seem to have temporarily screwed up their sequence of model identifiers. It happens, from time to time, as model ranges evolve  in different sales territories.

Whereas motor manufacturers normally allocate model names to allow customers to differentiate between different models across a product range, Ford have temporarily reversed this procedure. They have just re-named all their different models with the same damned name.

Ford (Europe) has just announced the “2013 Ford Transit” in Europe. However, Ford show a photograph of a brand new medium-sized van that bears no relation to either their existing Ford Transit, the Transit Connect or the American E-Series. It is yet another new stand-alone product. It looks suspiciously like a Volkswagen Transporter.

So, this vehicle that Ford (Europe) have announced as the “2013 Ford Transit” is not actually the 2013 Ford Transit. It is a completely separate model from any other Ford product, with its own unique body shell and dimensions. It is specifically intended to attract builders, plumbers and hotel courtesy bus drivers, all of whom have recently migrated to VW because the current Transit now looks boring, style-less and under-powered by comparison.

But in North America, the ageing ‘Econoline’ series is about to be replaced by the European Ford Transit. So, unless somebody at Ford jumps in quick (and I’m sure they will) the “2013 Ford ‘Transit” will be sold in America alongside the ‘Ford ‘Transit’ and the Ford ‘Transit’. And in Europe, the 2013 ‘Transit’ will sit in the model range right between the existing ‘Transit Connect’ and the existing ‘Transit’.

Confused?

Here is a quick history lesson with easy to understand pictures and explanations. It will help us all unravel the truth.

We begin our story in 1964. The American economy was booming. Britain was just a few years behind, still recovering from the devastation of war-time bombing, breaking out of post-war austerity and only just learning how to have a good time.

This is the van that started it all. This is the Ford (USA) Ford Econoline.

This is the van that every small business used in the 1960’s in America. Although astonishingly badly engineered by today’s standards, it was a giant leap forward for the world of light commercial vehicles at the time and light-years ahead of anything else available, anywhere in the world. It was an outstanding commercial success, right from the day of its launch.

Ford (USA) were so delighted with its sales success that they called up Ford (UK) on the telephone. The conversation went something like this…

Ford (USA): “Get ready to rock, you skinny bunch of lime-soaked half-wits!! The ‘Econoline’ is coming to the UK! You guys can build it and sell it all across Europe!’

Ford (UK): ‘You must be mad. Go away. Besides, we are too busy trying to pull our Ford Thames out of the hedge at the end of the driveway and we haven’t got time to play silly games. ‘

 A 1963 British Ford Thames. It survived because nobody tried to drive it.

Ford (USA): ‘No – listen! This Econoline is the solution to all your problems with your Ford Thames! The Econoline actually turns corners when you pull on the steering wheel! Its a major step forward in driver safety!’

Ford (UK): ‘Driver what...? Look, can you send us some more rope? We’ve just snapped our last bit. ‘

Ford (USA): ‘That’s what we are trying to explain, you schmucks! Your booming consumer economy needs a real van! One that can actually carry more than a bag of spanners without grounding. A van with room on the inside so you can carry  lots and lots of boxes!’

Ford(UK): ‘We put the boxes on the roof if they don’t fit inside. No thanks.’

Ford (USA): ‘Oh, yeah…? And where exactly are the boxes you put on the roof-rack of your Thames?’

Ford (UK): ‘They are scattered across a potato field. Look, stop rubbing it in and send us some more bloody rope…!’

Ford (USA): ‘Nope. We’re gonna send you an Econoline and you are going to evaluate it and then build it.’

(Ford USA  sent an Econoline in a crate to Ford  UK. A few weeks went by and nothing was heard. Eventually, Ford USA telephoned England to find out how things were going).

Ford (USA): ‘Well, whaddya think of the Econoline? Great, ain’t she…?’

Ford (UK): ‘It is stuck in the potato field at the end of the driveway. Can you send us some really, really strong rope?’

Ford (USA): Damn. How did you manage to get it stuck there?’

Ford (UK): I don’t know. All I remember was touching the gas pedal and then there was this huge roar. My false teeth got sucked down my throat and everything that had previously been in front and a long way away came rushing towards me really fast and ended up behind me.’

Ford (USA): Why didn’t you brake?’

Ford (UK): ‘I thought the hedge would do that for me. This Econoline seems to be a tad heavier than the Thames. The plan sort of fell apart…’

Ford (USA): ‘So, you like it, yeah…?’

Ford (UK): ‘It is totally unsuitable for the British market. We have decided to build our very own van. We are going to call it the ‘Transit’. It will have the ride and handling of a typical British car. It will turn corners and have an engine that barely develops enough power to pull the skin off a rice pudding. That way, our world will be safe again.’

Ford (USA): ‘Transit, eh…? Hmm…the name will never catch on. You need something more sexy. How about “F-Series”?’

Ford (UK): ‘That is both rude and disrespectful to the Queen, sir. Women would lose their moral values and society would end. No – “Transit” is a nice, sensible name. Also, we are going to put the engine behind the front axle but in front of the driver so that the weight distribution allows for a thing called “handling”.

 1965. The Ford Transit. A legend is born.

Ford (USA): ‘ “Handling”? What is that? We don’t have handling in America. Is it some kind of cheese?’

Ford (UK): ‘We just invented it. “Handling” is the means by which vans can be kept separate from hedges and potato fields.’

(The years passed and the Ford Transit became legendary as the prime mover of goods across all Europe.)

 A 1970 Transit with a new and sexy grille.

 A 1980 Ford Transit with an even sexier grille.

 A 1990’s Transit with an un-sexy “Smiley-Face” grille.

 A 2005 Transit with ‘can’t be bothered to try’ grille

  A 2010 Transit with the ‘stolen from a VW Crafter’ grille.

Meanwhile, Ford America dropped the word ‘Econoline’ because it sounded cheap and created the  ‘E-Series’. Everyone still referred to it as the ‘Econoline’ and so Ford said “Ah…what the Hell…” and called it both.

Every van driver in Britain wanted one but Ford remembered the incident with the Econoline and the potato field and decided it was not a good idea. Also, it was calculated that just six Ford E-Series vans would consume more gasoline within three hours than Britain could import in a week.

 A Ford Econoline. Big, powerful and utterly pornographic.

(The decades passed, a few wars happened and then one day, Ford (USA) emailed Ford (UK) to see how things were going).

Hi, Ford UK!

We just got a Facebook page and it is really cool! Why don’t you pop over and “like” us? 🙂 FordUSA.com

Hi Ford USA!

That’s really clever! How do you do that round yellow face thing? Rgds, Ford (UK) Ltd.

Hi Ford UK!

Hope you are well. We can’t be assed to re-design the E-Series. Can we steal your Transit design? 🙂 FordUSA.com

Hi Ford USA!

Sure, no probs. Have emailed you a picture of it!

Hope you like it!  :-*+)) Ford (UK) Ltd.

Hi Ford UK!

WTF is THAT!!!??? OMG. It looks like  a Volkswagen Transporter got hit by a badger. Totally gross front end, man.

Hi Ford USA!

It is our 2013 Ford Transit! You said you wanted one! Oh – by the way – how do you do the face with the smile thing?

Hi Ford UK!

F*** the smiley face. Where is your Ford Transit? The REAL Transit ? 😦 You’ve had it since 1965, ferrchrissakes???

Hi Ford USA!

Oh. That one. That is as tired out as a hooker on Sunday. We can’t even sell them to builders. Take it if you want it. PS How do you do that sad face thing? Rgds, Ford (UK) Ltd *–P

Hi Ford UK!

Thanks! Hey – guess what we have done to your Ford Transit!!! 😀

Hi Ford USA!

What – the one that looks like a Volkswagen? 🙂

Hi Ford UK!

No – stop going on about THAT one. It is just getting everybody confused. Its just a goddamn VW with a Ford badge. 😛

Hi Ford USA!

Oh. We spent all night staying up and trying to make it look good. Sorry you don’t like it. 😦

Hi Ford UK!

LMFAO! It looks pants. Anyway – check this out, dude. Look what we’ve done to your old European Transit! Twin Turbo!!! V6!!! 😀   😀   😀

Next Gen Ford Transit Ecoboost Outline

Hi Ford USA!

You can’t be serious…that is….OBSCENE!!!!  By the way, what does “LMFAO” mean?

Hi Ford UK!

Hahahahahahahaaha….! F**k you.

That’s right, folks!

Ford of America have gone and stuffed a 350 BHP twin-turbo gasoline V6 into Ford Europe’s ageing ‘Transit’! This psychotic, tyre-burning monstrosity of a van will now replace their home-grown Econoline range.

And, no….we Brits will not be allowed to own one in case we hurt ourselves. Instead, we will be persuaded to buy Ford’s new VW  Transporter look-alike or else plod on with our 90 BHP or 130 BHP versions that are already well past their sell-by date.

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BMW(UK) Car Warranties latest explanation. Doesn’t.

4 May

In black and white…?

The Office of Fair Trading (OFT) has just emailed me to pass on their conclusion into my query that BMW (UK) Ltd were offering only “dealer” warranties instead of “manufacturer’s” warranties with new BMWs. 

I’ll let you read their  own words:

 

Date 1 May 2012 Email enquiries@oft.gov.uk
Dear Mr ******
BMW car warranties
I refer to our correspondence regarding the question you asked in your email of 23
February to the Office of Fair Trading (OFT), as to the car manufacturer’s responsibilities
with regard to BMW dealer warranties.
You had pointed out, that according to its website BMW did not appear to provide a
manufacturer warranty, but referred instead to a Three Year Unlimited Mileage Dealer
Warranty.
We discussed your concerns with Motor Codes, a self-regulatory body for the UK motor
industry which offers advice to consumers on a range of issues, including those relating to
warranties.
Although it is termed a three year dealer warranty by BMW (UK), we understand that it is
comprised of a two year manufacturer warranty and a one year dealer warranty which
may otherwise be referred to as a UK warranty.

However, all claims within the three year warranty period will effectively go through
BMW, as BMW (UK) will back those three years of cover.

I hope this satisfactorily answers your question.

Okay, if I was confused before, I am slack-jawed now.

So…a  BMW three year Dealer warranty is actually a two year BMW Manufacturer warranty…almost a three year Manufacturer’s warranty, with that third year being added as a totally Dealer warranty…except it is overseen by the Manufacturer…as if it was a ‘three year Manufacturer’s Warranty’.

Is it just me…?

What do you think that the letter is saying?

Is there not something really confusing about the basic ‘legal definitions’ stuff here…?

I’ve got that certain  Nurburgringing in my ears…

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Obama Secret Service Agents “cannot spot a prostitute at a nightclub bar” – Peter T. King

23 Apr

I Spy For The F.B.I.

In a worrying development for the American President, it has emerged that some Secret Service Agents are unable to identify a prostitute in a Colombian night club, specializing in offering personal services to male clients.

Defending the Secret Service Agents who are caught up in the scandal, Peter T. King – chairman of the house committee on Homeland Security has admitted:

“…Some of them were saying that they didn’t know they were prostitutes…”

When shown a photograph of  the Pope and asked to identify the person in the picture, it is believed that six Agents confirmed that he was in fact Boy George and a further nine identified him as Barbara Streisand.

President Obama is believed to have locked himself in the bathroom and is refusing to come out until he is given a Walmart shell suit and a ginger wig.

An anonymous source at the New York Times who revealed this amazing fact said that they believed that over the last fifty years, U.S. Secret Service Agents may have mistakenly slept with thousands of women whom they thought were just ordinary housewives.

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