David Craig, on September 30th, 2017(Welcome to snouts-in-the-trough.com – the blog that never offends even the most delicate, sensitive snowflake)
Weekend blog – As I try to fathom how one can write a current affairs blog under Britain’s new Stalinist censorship laws (see my blog of two days ago about supposed “hate crimes”), I thought I’d turn to something a little less serious today – Ryanair and libtard stupidity
First – Ryanair
I actually few with Ryanair a few days ago. It was a truly awful experience. Not because of the tiny, crammed seats or the staff forced to sell you overpriced crap. But because of the other passengers. Never have I experienced such a bunch of howling, drunken, foul-mouthed ladettes, porcine, alcohol-swilling couples with screaming babies and bloated, boozed-up lard mountains with obnoxious, yelling brats (who should have been in school?). I almost admired the Ryanair staff for maintaining their calm when faced with such dreadful management and even worse passengers while earning a pittance.
Anyway, here’s a story doing the rounds about Michael O’Leary, Chief Executive of Ryanair – Europe’s favourite airline.
After arriving in a hotel in Manchester, O’Liary went to the bar and asked for a pint of Guinness.
The barman nodded and said, “That will be £1 please, Mr. O’Liary.”
Somewhat taken aback, O’Leary replied, “That’s very cheap,” and handed over his money.
“Well, we do try to stay ahead of the competition”, said the barman. “And we are serving free pints every Wednesday from 6 pm until 8 pm. We have the cheapest beer in England”.
“That is remarkable value”, Michael comments.
“I see you don’t seem to have a glass”, the barman told O’Liary, “so you’ll probably need one of ours. That will be £3 please.”
O’Leary scowled, but paid up.
He took his drink and walked towards a seat. “Ah, you want to sit down?” said the barman. “That’ll be an extra £2. You could have pre-booked the seat, and it would have only cost you £1.”
But before O’Leary could sit down, the barman said to him,“I think you may be too big for the seat sir, can I ask you to sit in this measuring frame please”.
Michael attempts to sit down. But in spite of O’Leary being rather diminutive, the frame is too small and, when he can’t squeeze in, he complains “Nobody would fit in that little frame”.
“I’m afraid if you can’t fit in the frame you’ll have to pay an extra surcharge of £4 for your seat sir” the barman explained the bar’s rules to a very miffed O’Leary.
O’Leary swore to himself, but paid up. “I see that you have brought your laptop with you” added the barman. “And since that wasn’t pre-booked either, that will be another £3.”
O’Leary was so incensed that he walked back to the bar, slammed his drink on the counter and yelled, “This is ridiculous, I want to speak to the manager”.
“I see you want to use the counter,” says the barman, “that will be £2 please.”
O’Leary’s face was red with rage. “Do you know who I am?”
“Of course I do Mr. O’Leary. You’re an important airline boss and yet you’re someone who is too stupid to have checked out our rules and to have brought his own glass and pre-booked your seat and laptop and to have printed out your booking confirmation before coming into our bar – the cheapest bar in England.”
“I’ve had enough! What sort of a hotel bar is this? I come in for a quiet drink and you treat me like this. I insist on speaking to a manager!”
“Our manager is too busy to talk to customers. But here is our customer service e-mail address, or if you wish, you can contact them between 9.00 am and 9.02 am every morning, Monday to Tuesday at this free-phone number. Calls are free, until they are answered, then there is a talking charge of only £1 per second, or part thereof”.
“I will never use this bar again”.
“OK sir, we may treat our customers like sh*t, but do remember, we are the only hotel in England selling pints for £1. So, however badly we treat our customers and however much we insult them, they’ll always keep coming back here for their £1 pints.”
Libtard stupidity
And here for your enlightenment and entertainment is a compilation of we-know-best, politically-correct, virtue-signalling, arrogant, self-regarding libtards prior to the 2016 US presidential election smugly and mockingly telling us stupid, unwashed, pig-ignorant plebs why Donald Trump could never become US President.
Enjoy:
Category: 
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle.
The likely trigger for the crisis will be from the Eurozone, where the shift in monetary policy and the collapse in bond prices will be greatest. Importantly, we can put a tentative date on the crisis phase in the middle to second half of 2018, or early 2019 at the latest.
By far the most likely and dangerous source of the next crisis appears to be the Eurozone. The ECB, distracted by the difficulties in Greece, Italy, Spain and Portugal, maintains a bizarre monetary policy of negative interest rates for bank deposits and a monthly injection of €60bn, aimed at keeping government funding costs as low as possible and the weaker banks solvent. The market distortions are extreme, with the “riskless” 2-year German Schatz bond yielding a negative 0.68%.
Trouble is brewing, with the euro rising 15% against the dollar this year so far. The reflationists at the ECB see this as deflationary, putting pressure on EU exporters, who always lobby for a low exchange rate. Therefore, the temptation to ride out currency strength with no change in monetary policy is strong.
Dollar and sterling interest rates are already rising. The underlying problem for the ECB is they have financed government spending by buying up Eurozone sovereign debt, underwriting inflated bond prices. Governments have got used to artificially suppressed funding costs and will not take kindly to seeing them rise. But even worse, Basel committee rules give sovereign debt a zero-risk weighting for banks, and so the Eurozone’s banks are up to their necks in overpriced government bonds.
Therefore, it looks like the timing will be set by the violent transformation of the ECB’s monetary policy from saving the system from the last crisis, to a realisation that if they don’t act quickly, we will be into the next one, and then the eventual realisation that they must raise interest rates even more sharply. We can tentatively pencil in a date sometime between the middle and the end of next year for this final act, and probably put a time limit on it of early 2019.
How it plays out is another story for another article, but at least we can begin to expect where and roughly when the next credit-fuelled crisis is due to happen.
https://www.goldmoney.com/research/goldmoney-insights/the-forthcoming-global-crisis
Ryanair have an in flight scratch card lottery which claims its to raise money for charity.No one has ever won the one million euro prize. How much is actually paid out in prizes and what percentage is mopped up in administration costs?
The last paragraph and video ruin the article. They’re neither related nor relevant.