PJC Journal – Original

One of the UK's largest mortgage lenders, the Northern
Rock, is applying to the Bank of England for emergency financial support.

The decision for the Bank of England to become the
“lender of last resort” is extremely rare, and follows only a week
after it was disclosed that Barclays
Bank had needed 2 emergency loans of £314m then £1.6bn, that Deutsche
Bank has shut down its proprietary credit trading desk in London and the
collapse of Victoria
Mortgages earlier this week.

Following the widespread losses made by investors in loans
to US homebuyers with poor credit history, the so-called sub-prime loans,
investors have become wary of buying all mortgage debt, including Northern
Rock's.

All banks are having greater difficulties than normal
getting funding from the market but as a specialist mortgage lender, no-one
really wants to lend to Northern Rock.

In the first six months of the year, Northern Rock made
pre-tax profits of just under £300m, barely changed from the previous year, however
it massively increased its share of the mortgage market, taking 18.9% of all
net mortgage lending in the UK
against its previous peak of 14.5%, seen in the second half of 2006.

The firm's shares have almost halved in value this year and
talk that it may be in further trouble left it as the biggest loser on the FTSE
100 on Thursday, closing down 4.9%.

Northern Rock has loans and other assets on its balance
sheet of £113bn. The value of deposits placed with it by retail customers is
£24bn.

Mainstream mortgage lenders Northern Rock and
Alliance & Leicester both originate subprime loans for Lehman
Brothers . The banks, for whom “non conforming” loans
represent just a fraction of overall mortgage business, say they are still
originating new business for Lehman.

 

Are we seeing the beginning of a melt down in the housing
market?

Is Gordon’s carefully doctored economy beginning to unravel
?

 

 

NuLab – Destroying Britain
from the inside out.

 

 

One of the UK's largest mortgage lenders, the Northern
Rock, is applying to the Bank of England for emergency financial support.

The decision for the Bank of England to become the
“lender of last resort” is extremely rare, and follows only a week
after it was disclosed that Barclays
Bank had needed 2 emergency loans of £314m then £1.6bn, that Deutsche
Bank has shut down its proprietary credit trading desk in London and the
collapse of Victoria
Mortgages earlier this week.

Following the widespread losses made by investors in loans
to US homebuyers with poor credit history, the so-called sub-prime loans,
investors have become wary of buying all mortgage debt, including Northern
Rock's.

All banks are having greater difficulties than normal
getting funding from the market but as a specialist mortgage lender, no-one
really wants to lend to Northern Rock.

In the first six months of the year, Northern Rock made
pre-tax profits of just under £300m, barely changed from the previous year, however
it massively increased its share of the mortgage market, taking 18.9% of all
net mortgage lending in the UK
against its previous peak of 14.5%, seen in the second half of 2006.

The firm's shares have almost halved in value this year and
talk that it may be in further trouble left it as the biggest loser on the FTSE
100 on Thursday, closing down 4.9%.

Northern Rock has loans and other assets on its balance
sheet of £113bn. The value of deposits placed with it by retail customers is
£24bn.

Mainstream mortgage lenders Northern Rock and
Alliance & Leicester both originate subprime loans for Lehman
Brothers . The banks, for whom “non conforming” loans
represent just a fraction of overall mortgage business, say they are still
originating new business for Lehman.

 

Are we seeing the beginning of a melt down in the housing
market?

Is Gordon’s carefully doctored economy beginning to unravel
?

 

 

NuLab – Destroying Britain
from the inside out.

 

 

What you you do if you found covert police tracking devices on your car?

A police operation to covertly follow a Central Otago (NZ) man
came to an abrupt halt this week when the man found tracking devices
planted in his car, ripped them out and listed them for sale on Trade
Me.

Ralph Williams, of Cromwell, said he found the devices last
week in his daughter's car, which he uses, and in his flatmate's car
after the cars were seized by police and taken away for investigation.

Police have neither confirmed nor denied they placed the devices.

Williams
said a cellphone sim card in one of the devices appeared to transmit
messages to the mobile phone of Detective Sergeant Derek Shaw, of the
Central Otago CIB.

Williams provided The Press with emails from
Shaw saying: “If you have got something of ours it would be good to get
it back. You can call me and I can come meet you.”

Williams
said he found the devices concealed behind panels in the passenger-side
footwells of the cars. They were marked with the name Trimble, an
international company that produces GPS location devices.

Williams
took apart one of the devices and found a sim card, which he put into a
cellphone. He found the device was sending location text messages to
Shaw's mobile number.

Williams placed one of the devices on Trade Me with a price of $250.

The ad read: “Used government covert surveillance tracking. No police to bid on this.”

A Trade Me spokesman said the listing was removed yesterday afternoon “at the request of the New Zealand Police”.

Williams said the cars were seized for investigation after an unmarked police car was torched in Alexandra in July.

The
investigation produced nothing on Williams, but when the cars were
returned he contacted police because the cars were not running well,
and he asked if they had left something behind.

Shaw emailed: “Can't immediately think of anything we would have left … Like what …?????”

Williams said he and Shaw then spoke on the phone, with Shaw telling him the devices were valuable and should be returned.

Shaw then emailed repeatedly asking for “the stuff” back.

When
contacted by The Press, Shaw declined to comment other than to say:
“Police use a variety of legitimate investigation techniques when
investigating serious crime. However, it is not the policy of the
police to comment on those techniques or other operational matters.”

Shaw
would not say whether a warrant had been obtained for the devices. The
Summary Proceedings Act, which covers tracking devices, says a warrant
should be obtained for a tracking device but an officer can install one
without a warrant if there is not time and the officer believes a judge
would issue a warrant.

Williams said he did not know why police
were interested in him. He spent two years in jail “20 years ago” for
selling marijuana to an undercover policeman, but had no convictions
since then.

Williams said the devices were not hard to find and he described the operation as “a bumbling attempt” by “weirdos”.

New
Zealand Civil Liberties Council chairman Michael Bott said the affair
had “shades of (George Orwell's) Nineteen Eighty-four”, as well as
“shades of the Keystone Kops”. 

(source)

We think Orwell would have approved of Williams approach to this.

What you you do if you found covert police tracking devices on your car?

A police operation to covertly follow a Central Otago (NZ) man
came to an abrupt halt this week when the man found tracking devices
planted in his car, ripped them out and listed them for sale on Trade
Me.

Ralph Williams, of Cromwell, said he found the devices last
week in his daughter's car, which he uses, and in his flatmate's car
after the cars were seized by police and taken away for investigation.

Police have neither confirmed nor denied they placed the devices.

Williams
said a cellphone sim card in one of the devices appeared to transmit
messages to the mobile phone of Detective Sergeant Derek Shaw, of the
Central Otago CIB.

Williams provided The Press with emails from
Shaw saying: “If you have got something of ours it would be good to get
it back. You can call me and I can come meet you.”

Williams
said he found the devices concealed behind panels in the passenger-side
footwells of the cars. They were marked with the name Trimble, an
international company that produces GPS location devices.

Williams
took apart one of the devices and found a sim card, which he put into a
cellphone. He found the device was sending location text messages to
Shaw's mobile number.

Williams placed one of the devices on Trade Me with a price of $250.

The ad read: “Used government covert surveillance tracking. No police to bid on this.”

A Trade Me spokesman said the listing was removed yesterday afternoon “at the request of the New Zealand Police”.

Williams said the cars were seized for investigation after an unmarked police car was torched in Alexandra in July.

The
investigation produced nothing on Williams, but when the cars were
returned he contacted police because the cars were not running well,
and he asked if they had left something behind.

Shaw emailed: “Can't immediately think of anything we would have left … Like what …?????”

Williams said he and Shaw then spoke on the phone, with Shaw telling him the devices were valuable and should be returned.

Shaw then emailed repeatedly asking for “the stuff” back.

When
contacted by The Press, Shaw declined to comment other than to say:
“Police use a variety of legitimate investigation techniques when
investigating serious crime. However, it is not the policy of the
police to comment on those techniques or other operational matters.”

Shaw
would not say whether a warrant had been obtained for the devices. The
Summary Proceedings Act, which covers tracking devices, says a warrant
should be obtained for a tracking device but an officer can install one
without a warrant if there is not time and the officer believes a judge
would issue a warrant.

Williams said he did not know why police
were interested in him. He spent two years in jail “20 years ago” for
selling marijuana to an undercover policeman, but had no convictions
since then.

Williams said the devices were not hard to find and he described the operation as “a bumbling attempt” by “weirdos”.

New
Zealand Civil Liberties Council chairman Michael Bott said the affair
had “shades of (George Orwell's) Nineteen Eighty-four”, as well as
“shades of the Keystone Kops”. 

(source)

We think Orwell would have approved of Williams approach to this.

Following
my piece on 2010,
and all the databases that are coming together to log and track your every
movement, spending, earning, travel and association with others, comes this
piece collated and written by Dodo. 

This
frightening summary needs to be read, printed, circulated and republished. You
tell us what kind of Britain is Brown and the EU building.
Remember that all of this has been done with the collusion and agreement of the
Conservative and Liberal Parties who in the main voted for the legislation
listed below.

A summary
of the principal legislative sources of the erosion of rights and freedoms in Britain becomes cumulatively chilling.

This
entirely excludes all of the procedural shifts which facilitate the huge expansion of CCTV. I have avoided entering commentary on the shift in the Zeitgeist and the obfuscation which has permitted a general public acceptance (and even support)of such cumulative repression.

Further
commentary can be found with the intelligent use of Search engines. Preferably other than Google if you want to keep your browsing habits untracked.

Do not
forget that the information collection for marketing purposes by Corporate institutions, whether Google or Tesco, is a further part of the erosion of the liberty of action with unseen monitoring or intervention.

CRIMINAL JUSTICE AND PUBLIC ORDER ACT 1994

Abolishes a suspect's right to silence (by permitting Courts and Juries to draw inference from a suspect's refusal to disclose matters to the Police at the time of arrest.

POLICE ACT 1997

Allows the
police to break into property and install electronic surveillance.

The chief
constable of is can make such authorisations if he believes it will help fight serious crime.

The
occupier of the property need not be under suspicion of a crime.
The decisions can be taken without  a
warrant. (Sections 91 to 108)

CRIME AND DISORDER ACT 1998

First
facilitation of ASBO's and the conception of causing Harassment,

Distress or
Alarm. Introduction of Parenting Orders and Curfews on Offenders released on Licence.

IMMIGRATION
AND ASYLUM ACT 1999



Among other
matters, facilitating the establishment of Detention Centres.

TERRORISM ACT 2000

Definition
of “terrorism” close to catch-all..
The government can  proscribe
organisations without having to prove that they have committed any offence.

REGULATION
OF INVESTIGATORY POWERS ACT 2000

Authorises
Surveillance and disclosure of Communications largely without warrant.

Authorities able to do so range from any Police Force to include any Local Authority and the FSA.

FOOTBALL (DISORDER) ACT 2000

Enables
courts to place banning orders on people, prohibiting them from travelling when
a football match is on, without proving they committed an offence.

Allows the
police to prevent a person without a banning order from leaving the country if
the police have “reasonable grounds” for believing the person may cause trouble
at a football match.

HEALTH AND SOCIAL CARE ACT 2001

Enables the
Health Secretary to authorise disclosure of confidential patient information to
anyone he chooses if he believes it is in the public interest or will improve
patient care.

 

ANTI-TERRORISM, CRIME AND SECURITY ACT 2001

Allows
government departments and public bodies to disclose confidential information
to police forces for the purposes of investigations of any crime anywhere in
the world.

Permits the
Home Secretary to certify any foreigner as an “international terrorist” if
he/she decides that they are a risk to national security.

Terrorism
is defined as in the Terrorism Act 2000.
Section 29 prevents courts from challenging the detention of foreigners under
sections 21 – 26,. 

SOCIAL SECURITY FRAUD ACT 2001


Officials
authorised by local councils and the Department of Work and Pensions can demand
that banks, credit card companies, utility companies, any company providing
financial services and phone companies hand over any data they think is
necessary for the purposes of preventing or detecting benefit fraud, without a
warrant.

These
officials can also demand that telecommunications companies tell them who owns
a particular account, when given only a number or electronic address associated
with the account, again without a warrant.

THE
PROCEEDS OF CRIME ACT 2002



Under this
Act, the Criminal Assets Recovery Agency is set up and in Part 5, it is given
the power to seize a person's assets via civil procedures in court.

This law
applies civil proceedings to a dispute between the state and an individual,
with the state as the adjudicator.

ANTI-SOCIAL
BEHAVIOUR ACT 2003

Extends the
thinking behind ASBOS and includes premises closure,
obligations on landlords, parenting orders, dispersal of groups, public
assemblies (the 1986 Public Order definition of an assembly reduced from 20 to 2).

EXTRADITION ACT 2003

Part 2 -
unratified treaty with USA. No prima facie evidence required
for extraditions from the UK to the USA, but still required for USA to UK extraditions.

Part 1 of
the Act implements the similar European Arrest Warrant extraditions.

There is no
requirement for evidence to be heard before a UK Court.
Also refer to the Home Office website.

THE
CRIMINAL JUSTICE ACT 2003

Facilitates
the elimination of Juries from complex fraud cases.
Removes “double jeopardy”. Permits hearsay evidence.

THE
CIVIL CONTINGENCIES ACT 2004


Authorises
any cabinet minister to make “emergency regulations” Emergency regulations may make any provision that can be made by Royal
Prerogative or Act of Parliament…..

the FIRST
of the real shifts towards Enabling Act thinking.

THE
PREVENTION OF TERRORISM ACT 2005

Under this
Act, the government can impose “control orders” on anyone they suspect might be
involved in “terrorism-related” activity.

The person
subjected to a control order does not get a trial, is not charged with
anything, and may have the evidence or accusations against them withheld from
them or their lawyers.

Terrorism
is defined as in Section 1 of the Terrorism Act 2000

THE
SERIOUS ORGANISED CRIME AND POLICE ACT 2005



Sets up the
Serious Organised Crime Agency (SOCA).

All
offences, no matter how trivial, are now arrestable, granting powers to obtain DNA, intimate samples, fingerprints and
photographs of those arrested, to be retained on file regardless of whether the
suspect is charged with or convicted of an offence.

Don't
discard your cigarette butt.

Protestors,
even a single protestor, must apply at least 24 hours (and more normally 6
days) in advance for a permit to protest within 1km of Parliament, or any other
designated place.

LEGISLATIVE
AND REGULATORY REFORM ACT 2006

Originally
drafted in terms which would have made this an Enabling Act, the diluted text
with some safeguards introduced remains the second part of Enabling thinking.

By this,
Ministers can, with minimal Parliamentary scrutiny, modify and enact
regulations, interpretations, resources targeting and law.

IMMIGRATION,
ASYLUM AND NATIONALITY ACT 2006

Further
powers tor restrict the rights of immigrants and asylum seekers.

Sections 56
and 57 modify the British Nationality Act (1981) to permit the Home Secretary
to deprive a person of citizenship or the right of abode.

TERRORISM
ACT 2006

Further
clarification of offences of glorification etc.
Extends detention period.

IDENTITY
CARDS ACT 2006

Well
publicised. Read and weep.

More detail
of this and other intrusive measures at the No2ID resource.

There are times when I feel utterly lost, demotivated, by this juggernaut of intervention, the abuse of an authority with a “reasonable” face. 

The perversion of minds continues through misrepresentation, through propaganda, through an arrogance of rectitude which denies freedom in the name of some collective "security".

Measures such as these laws were not deemed necessary during the IRA campaign from 1969 to 1997. Nor, for that matter, during the Second World War of the last century.

How much freedom will you give up for a Government's definition of what it is which should make you feel secure?

For the Government's actions in the name of "security" do nothing for my personal sense of security. They act in erosion of that.

Stalinist Brown is now about to neuter his own party, by taking away VOTING at Party Conference.

Remember Pastor Niemoller.