Posts Tagged ‘economy’
Jo Cox is a martyr to British democracy. Why have we had taken from us one who was clearly so worthy when so much of Parliament is comprised of the venal and self-serving? Many MPs will not even meet their constituents if they do not like the questions they have to ask. I have too much experience of MPs refusing to meet or assist their constituents who need access to medicinal cannabis. Some are cowards who avoid controversial issues and disrespect their constituents’ views. Jo Cox was the very opposite and we must hope that some good comes from her sacrifice.
I saw my own MP, Oliver Letwin, just a couple of weeks ago and I wandered into this picturesque folly on the side of a church in Beaminster and there he was, no security, no entourage, not even a friendly bobby on the door. He saw me through the window and called me in. Is such informality, such casual access to a senior government minister, to be lost, even in deepest, rural Dorset?
We have no reliable information yet on the killer’s motivation but I see that has not stopped almost instantaneous and divisive speculation. What is certain though is that the febrile atmosphere of this referendum campaign has brought more tension and division into our society than I have seen before.
I said this to Oliver when I met him. His response was that this is democracy and the very nature of a referendum. That is true but I do believe that the tactics used on both sides of this campaign have engendered far too much hate in Britain. For many this has caused great fear and confusion, particularly for the feeble minded or those that are easily led and can have their emotions inflamed by rhetoric.
The disgusting behaviour of the stinking-rich oaf Bob Geldof, abusing hard working and courageous British fishermen who have seen their livelihood devastated by the EU. The vile UKIP poster of a queue of migrants released just a hour or so before Jo’s murder. Nigel Farage is greatly to be admired for his determined and principled work but this poster is a mistake and inflames racial tension.
Most of all though, I blame this almost hysterical upsurge in hatred on Cameron’s Project Fear. He and Osborne told people we would be alright if we left the EU and everything would be be OK, we could make our decision without fear that either choice would be a catastrophic mistake. Immediately though they have engaged in a campaign of terrorism, predicting chaos, disaster and mayhem if we vote to leave. Osborne’s scaremongering about a post-Brexit emergency budget was the nadir of Project Fear. He has stepped so far over the line that he will never command the trust of the British people again.
I have already submitted my postal vote and it is #VoteLeave. I know it is the opposite of what Jo Cox would have voted but I pay tribute to her as a politician who stood for democracy and, in my view, that is what this referendum is about. It’s not ‘…about the economy, stupid.’ Neither is it about immigration. It’s about self-determination and being governed by people we elect, not faceless, unaccountable bureaucrats.
A House of Commons full of MPs with the sincerity and good faith of Jo Cox would be my ideal. I believe that is what we should work towards, not abdicating our responsibility to some out-of-touch superstate, not led into servitude by a self-serving, elite of privileged politicians who rely on fear and scaremongering and try to intimidate us into a vote that is not freely chosen.
The current adult population of the UK is estimated to be 40 million. If we split the 75 big ones evenly, that’s £1875 each.
I wonder if that would do more or less to get the economy going?
We need radical surgery. The corrupt and avaricious arrogance of the bankers is beyond belief. Project Merlin (see here) is a confidence trick and our weak, pathetic government is knowingly complicit in it.
Bob Diamond of Barclays, Stephen Hester of RBS and Eric Daniels of Lloyds are all rogues, thieves and charlatans. The excuse of “I was only following orders” was thrown out at Nuremberg. These men are even worse than the Nazi war criminals because their motivation is the most base and venal of all. They cannot even claim the excuse of some sort of perverted political philosophy. Their only concern is selfish greed. They are parasites and a scourge on our society. They should be rotting in jail rather than heaving their replusive, corpulent frames into another disgustingly expensive dinner or self-indulgent debauchery.
Banking is one of the greatest evils in our world. It takes over our society with insidious, insistent and poisonous infection. It produces corrupt and distorted growth that is entirely false, only a deception for the immediate and personal gain of the individuals in charge. These people are pirates and their adventures destroy decent people, honest businesses and the whole basis of our economy and society.
We must cut them out and we must cut deeply to ensure that every last vestige of the putrification is gone. It will hurt. It will even endanger our existence but there is no other option. To continue as we are is to buy into their corrupt plan, to feed them even more obscene amounts of money while the poor, vulnerable and needy in our society suffer.
There is no other option. We must inflict this huge damage on ourselves in order to be rid of the cancer. Recovery will be long and difficult but at least it will be honest and healthy.
The only man with any integrity left in parliament was Lord Oakeshott and he has now resigned. Cameron, his poodle, Dr Cable and babyface Georgy Porgy are carcinogenic agents. We must take the knife to them without mercy.
If I considered it as the plot for my next novel, I would discard it immediately as being completely unbelieveable. It is outrageous. The story of the way the banks have wriggled and wormed away from their responsibilities is the biggest scandal the world has ever seen.
Today the shameful figures are revealed of the number of complaints that our high street banks receive. See here. It is an appalling litany of failure and disrespect of customers. Complaints are at the very bottom of their priorities. They are inefficent. They have bonus systems that discourage staff from accepting complaints. Santander, which so many used to know as the Abbey or Alliance & Leicester, cannot manage to answer even half of its complaints within two months! It is shocking. It hasn’t got better since we all bailed them out. It’s got worse. Oh, except for the bonuses. They just get bigger and bigger all the time.
These problems, affecting the modest balances of ordinary people, may seem trivial in the context of the billions that the banks have already cost us but they are not. They are crucial. This is real money belonging to real people and needed to pay real bills. It’s not the cocaine, champagne, Ferrari fantasy of some City boy ponce. These figures indicate precisely the contempt, the utter disregard which bankers have for us even though it is we, ordinary people, who have been called on to rescue them from their catastrophic mistakes.
Where is Vince Cable now? He is the biggest disappointment of the coalition government. His brave words as recently as the LibDem conference are all hot air. He has let us all down. His promises were empty.
We want the banks split up so that they are no longer too big to fail. Only today, in Ireland they are realising that their nation is still held to ransom by its bankers. So is ours.
We want retail and transaction banking separated entirely from casino investment banking so that there can be no more threat to our economy from the spivs and gamblers. We don’t want any of these sharks anywhere near our money. John Diamond, the putative new head of Barclays has made a £100 milion fortune on the back of the taxpayer and the banking crisis. He is not a fit and proper person to be in charge of a British bank. The government should ban him immediately.
Late last year the Office of Fair Trading let the banks off a £40 billion hook. These were the extortionate charges illegally debited from customers’ accounts over the previous six years. See here. This was in addition to the £850 billion cost of the original bailout. See here.
How much more are they going to get away with?
When will David Cameron, Nick Clegg, George Osborne and Vince Cable stop dithering?
Stop the banker robbers now!
We don’t want Bob Diamond in Britain. He’s to be the next chief executive at Barclays Bank. See here. He’s not the “right sort of chap” for us or, if you prefer, he doesn’t have “the right stuff” for Britain. He’s a wide boy and a high stakes gambler. We don’t want him anywhere near our banks, our savings or our overdrafts. Why can’t he just go back to the land of the free and the home of the brave and chowdown with all the other cowboys? He’s the wrong man for Britain.
It’s people like Bob Diamond who were directly responsible for the banking crisis and for bringing the world’s economy virtually to its knees. He won all his bets so he’s alright. Let’s be clear though, it’s his behaviour and those like him that is to blame for the massive cuts that we’re all facing. He has robbed our parents of their pensions, hamstringed our business world, destroyed our children’s jobs and sabotaged their children’s education. He is laughing all over his flabby, smug face at our expense.
He’s won a £100 million fortune on exactly the sort of gambling which has destroyed our economy.
Vince Cable should stop posturing. He was great in opposition but it seems, even in government, all he can do is snipe from the sidelines.
I say, deny Bob Diamond entry into Britain on the grounds that he would be a danger to the country. Barclays may claim that it has accepted no help from the taxpayer but its exploitative business model depends on blackmailing us with its size and importance to the economy, just like all the banks.
What we needed to do was clamp down hard on their excess, split them into smaller pieces, separate casino investment from banking services, force them into accountable lending policies, severly limit earnings levels and make it clear that they work for us, not vice versa.
We may already be too late. Britain’s banks continue to be out of control.
The events unfolding in Jamaica are disastrous for the country, its reputation, tourist industry and economy. They give an impression that is completely false. In reality it is a wonderful place, full of kind, warm, generous people. I was astonished on my first visit to find the countryside lush and green, rather like Cornwall or Wales and the people more friendly than anywhere else I have ever been.
I was very privileged to be introduced to Jamaica by a Jamaican. It was no all-inclusive tourist resort for me. There the poor Brits hunker down and never move anywhere. They seem to believe that right outside the gates are a bunch of Uzi-toting crack dealers but it’s simply not true. I’ve been back several times and I love the place. I recommend Ocho Rios on the north coast of the island.
True, the murder rate is one of the highest in the world but it all happens in a very small area of Kingston. The rest of the island is peaceful and probably safer than London. I have been through the Tivoli Gardens and Trench Town districts where all the trouble is. It’s not a good place. You lock the car doors and windows and you don’t stop but it is tiny. According to my memory it’s not much bigger than, say, Regent’s Park so it’s easy to avoid.
Undoubtedly at the root of these problems is high level corruption and I wouldn’t be surprised if that extended to US officials as well as Jamaican. The cocaine trade is a huge curse on the country but while the world continues with its ludicrous, discredited policy of prohibition it will never solve the problem. Drug laws support and encourage organised crime and corruption. If we stay on our present course things will only get worse.
I weep for Jamaica and its wonderful people. Without radical international action, I have no idea how this problem can be solved.