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Showing posts with the label George Osbourne

The Coalition tell us that they are "creating a fairer society".

  http://www.independent.co.uk/news/uk/politics/cutting-benefits-to-poorest-a-tragedy-8374315.html  Campaigners warn Chancellor not to freeze welfare payments to balance budget David Cameron and George Osborne .   George Osborne was urged tonight not to cut the deficit by reducing benefits paid to the poorest, as a coalition of charities and campaigners warned that this would be "a tragedy for millions and a travesty for the economy". A ConDem coalition, bankrupt of policies, a chancellor bankrupt of ideas, a country reeling under disastrous government ineptitude, a nation where the divisions between the haves and the have nots grows wider with each passing day and where Tory obsession with expenditure cuts and imposition of "austerity" is seen as the only option, despite all the evidence to the contrary. There is no doubt that people in this country, will die this winter as a direct result of this governments pursuit of "austerity". I...

Competing for the title of "Most nasty".

http://www.guardian.co.uk/politics/2012/oct/08/conservative-welfare-cuts-analysis  The Tories claim they are making things fairer but their plans to save £10bn rely on penalising poorer children with siblings   They have always been a nasty, authoritarian bunch of  self centered tyrants.  Its just that over the past few years some of them have become even more nasty and authoritarian (if that's possible). It seems that there is a competition between   Duncan Smith, Osborne, Rabb, Schapps and a few others to be the most nasty.

Osborne champions a return to days of old

  http://www.guardian.co.uk/politics/2012/oct/08/george-osborne-workers-rights-shares  Workers to be forced to give up their rights over unfair dismissal, redundancy and requests for flexible working and time off for training. Being forced to lose some maternity rights and all access to unfair dismissal tribunals as proposed by George Osborne is another step in the  return to the bad old days. The Tory party and its rabid right have always been the champions of ensuring that working people are" kept in their place" by legislation and anti Trade Union measures and that the employers are allowed to operate without restrictions. .All in exchange for continued and increased contributions to the Conservative party funds.

£10bn welfare cuts

  http://www.guardian.co.uk/politics/2012/oct/08/george-osborne-deal-welfare-cuts Osborne and the Lib Dem conspirators, planning the next assault on the people of this country. The "rich will be targeted next", is just empty rhetoric for the benefit of public consumption. The Lib Dems will, in the end, do as they are instructed, in order to retain their seats in cabinet.

Another parasite in the high street?

  http://www.guardian.co.uk/politics/2012/sep/24/vince-cable-small-business-bank1  £1bn to establish a British business bank The existing banking sector has had £ billions of taxpayers money poured into their vaults by government and by the Bank of England's policy of "Quantitative Easing" in order to persuade them to lend to small businesses,  "manufacturers, exporters and high-growth companies that power our economy" and "kick start" the economy. They have failed miserably in this objective. This new "Business bank", will essentially be no different from the existing high street parasites, creaming off the government funds and Bank of England cash injections, in order to improve balance sheets, show huge profits and pay obscene dividends to their share holders. Once again, the British people pay for the excesses of the banks and speculators.

Another Nick Clegg "pledge".

  http://www.guardian.co.uk/politics/2012/sep/23/nick-clegg-chancellor-budget-cuts#post-area Nick Clegg pledges fresh battle with chancellor over budget cuts Another Nick Clegg "pledge". Is the "fresh battle" the one where there is a lot of grunting, hand wringing and gnashing of teeth which results in Clegg and his parliamentary herd shuffling off to go through the government lobby and vote with the Tories? No matter how many times you remake the movie, the end is always the same.

Green Belt obssesion of a troubled Cancellor

  http://www.independent.co.uk/news/uk/politics/osborne-tries-again-to-free-up-green-belt-land-for-housing-8101482.html George Osborne provoked a backlash from environmental groups yesterday by promising to allow more building in the Green Belt as part of a new "go-for-growth" strategy. Why is Osborne obsessed with plundering "Green Belt Land" again? Perhaps it has something to do with the type, value and ownership of the houses likely to be built there. I cant imagine that there will be social housing estates built next to golf courses or country clubs.

Difficult if not impossible choices.

  http://www.guardian.co.uk/politics/2012/sep/02/david-cameron-shakeup-reshuffle#post-area  Prime minister hopes reshuffle allied to growth plan will boost coalition's fortunes. How will replacing (reshuffling) one set of self centered numbskulls with another set of the same intellectually challenged dim wits make one iota of difference to the people of this country? Cameron must be faced with difficult choices as he scrapped the bottom of the barrel to find the current incumbents in the first place. 

Grave crisis facing the international banking sector..

http://news.sky.com/story/960858/exclusive-banks-face-27bn-libor-hit The banks under investigation in the Libor rate-fixing scandal face combined losses of up to $42bn (£27bn).16 banks face a financial hit. These parasite criminals would probably have the audacity to come to the government for another hand out of tax payers money to bail them out of the self inflicted mess. The government should tell them to go to hell or face full nationalisation and permanent public ownership.

Why we should not trust politicians to carry out an inquiry.

http://www.guardian.co.uk/politics/2012/jul/05/balls-osborne Balls and Osborne clash. Why does the Guardian again fail to provide readers with the opportunity to comment on specific issues? This time its the article "Balls and Osborne slug it out in dispatch box "thrilla". Ironically, this item vividly demonstrates why an inquiry into the banking scandal cannot be carried out by politicians with their point scoring politically motivated private agenda's. Collectively, the banks appear to have been involved in criminal activities at the expense of their customers and British tax payers generally. It may well be that politicians were actively involved in these alleged crimes and therefore should not be part of any investigation. The only solution that would have an iota of credibility would be an independent public inquiry.

Same old cliches'

http://www.ft.com/cms/ Banks to get cheap money to lift UK lending The government and the Bank of England have been trotting out this sort of garbage for over 2 years. The words "Get the banks lending" or "Encourage the banks to lend to businesses and individuals" and the like have become cliches' in  the media and in parliament. This initiative will go the same way as all the previous initiatives.

Another boost to loans for busineses?

  http://www.guardian.co.uk/business/2012/jun/14/debt-crisis-emergency-measures-mervyn-king In a joint proposal between the Bank of England and the Treasury, banks will receive cut-price funds provided they pass on the benefits to their business customers.This new "funding for lending" scheme could provide an £80bn boost to loans to the private sector within weeks and alleviate growing fears of a second slump since the start of the financial crisis in 2007. These people have been trotting out  "new measures", or numerous variations of them for more than 2 years. Always, the objectives are to boost business and "get the banks lending". The results are invariably the same.The additional funding goes into the banks' balances and reserves, businesses bleat about being unable to invest, more small businesses cease trading due to lack of funding, and then the banks announce increased profits and their executives are awarded nice fat bonuses. ...

Another Tory con trick

http://www.independent.co.uk/news/uk/politics/osbornes- The expression on his face says it all .The smile of the 21st Century Uriah Heap. Not content with robbing us blind with tax increases and service cuts, Osbourne now tries to sell us another con trick in the same mold as privatisation. The Chancellor has told Treasury officials to find ways to persuade savers to transfer billions of pounds in to new government "growth bonds". Another pot for these parasitic ConDems to plunder for their own bailouts when ever the time suits them. Our money is safer stuffed into a mattress or left where it is, rather than allowing these thieving highway men to get their grubby paws on it.

Christine Lagarde: self appointed "World Protector"

http://www.dailymail.co.uk/news/article-2148062/Cut-rate-zero-IMF-calls-Bank-England-slash-0-5-boost-Britains-faltering-economy.html Personally, I think that Cameron, Osbourne, Clegg and the rest of the ConDem coalition are an economic disaster, are on the wrong course on the wrong planet and should get hold of a copy of  "The General Theory of Employment, Interest and Money"  as soon as possible and learn some economics. However, that is not the point. Christine Lagarde was not a candidate at the last General election in the UK. Her party, the IMF was not represented at any of the polls over the last two years, and does not hold any political position in this country. It is therefore outrageous that she and the rest of her IMF cronies should now be attempting to dictate to us what our policies should be. Having assumed for herself the role of "World Protector" with the backing of the" IMF  Supreme Council" she has been dictating to everyone what the po...

The negative arguments produce negative results.

Blaming the previous Government for "leaving behind such a mess" has been around for as long as I can remember. It has always been one of those aspects of politics that I despise and have argued against over the years, because of all the negative point scoring practices, this is in my view the most crass and self defeating. This present government has turned negativity into an art form. Yesterday, I along with perhaps millions of others, watched the BBC News 24 election coverage presented by David Dimbleby (not one of my favourite presenters), and a varying panel of politicians, pundits and other "experts" offering opinion and analysis on the days events. In no particular order, Baroness Varsi, Danny Alexander, Paddy Ashdown, David Cameron, Nick Clegg, Sarah Teather and numerous others from the ConDem Coalition repeating parrot fashion various combinations of "the mess  the last Labour government left" or other such descriptions. In the case of Teather and...

Fear returns to the eurozone

http://www.independent.co.uk/news The "markets"/speculators/IMF/ Eurozone Banks/Angela Merkel/two posh boys who don’t know the price of milk/ and Sarkozy are taking fright.The ordinary people of Europe who are paying the price on a daily basis for the ineptitude of their governments and the greed of the speculators, are more concerned with how to prevent these pirates from creating even more carnage, than speculators pockets and bankers balance sheets.

Tanker Drivers Dispute.

  http://www.telegraph.co.uk/comment/telegraph-view/9171485/Is-Ed-Miliband-for-or-against-a-fuel-crisis.html  The Daily Telegraph, doing what the Daily Telegraph does best. Creating a scaremongering headline to suit its own political agenda, and to divert attention away from the real (and embarrassing) issues. The question is not whether anyone is for or against a fuel crisis. No one in their right mind (except maybe Francis Maude) wishes to see un necessary panic buying, the prospect of empty petrol sta tions, rationing of scarce petrol, essential services starved of fuel and non deliveries of supplies to shops and supermarkets. The question is of course, an industrial dispute between workers and employers which in the end must be resolved between the parties concerned with or without the assistance of ACAS. Certainly the mischievous "assistance" of The Daily Telegraph, Francis Maude, David Cameron and George Osborne is neither helpful nor warranted. The f...