During the middle of last year, Washington Post columnist Ezra Klein noted that rather than beating around the bush, he would call “what we’re in [now, in the US] a “household-debt crisis,” or something more elegant that gets the same idea across”. The reason being that household debt to GDP ratio are dangerously high, banks aren’t [...]
Posts Tagged ‘David Cameron’
Minus 0.2 percent! Cameron can run but he can’t hide
Jan 27th, 2012 by Michael Meacher.Cameron’s seeking to explain away yesterday that the national economy was now shrinking by 0.2% in the last quarter of 2011 won’t wash. He blamed high inflation, Labour ‘mismanagement’ and the eurozone problems. High inflation is irrelevant to a contraction of national output which is clearly down to lack of demand because of squeezed incomes. [...]
Lobbyists can still sleep soundly
Jan 22nd, 2012 by Michael Meacher.The Cameron technique becomes clearer by the day: Pick up a problem that is causing public anger, make an instant speech declaring himself fully on-side, and then hit it with a wet flannel. Bankers crash the economy and spark a slump – set up a Commission years later, then endorse its conclusions that are too [...]
The animated debate on Scottish independence
Jan 17th, 2012 by Jon Lansman.Scottish independence, as seen from Taiwan. Marvelous. Watch out for the reference to the 700th anniversary of Mel Gibson’s death, and the Irn-bru powered starship. Hat-tip Bella Caledonia. Bookmarks Hide Sites
David Cameron: the master of cynical propaganda
Jan 16th, 2012 by Owen Jones.When David Cameron tires of this prime minister lark (don’t feel you have to take your time, Dave), he should write a self-help book for aspiring rightwing politicians. It could be titled I Got Away With It – And Here’s How You Can Too. I can think of some of the promo lines: “Are you [...]
Cameron marginalises Britain for no gain at all
Dec 11th, 2011 by Michael Meacher.It is almost surreal that Cameron exercised his veto when (i) there had been no serious or detailed examination of EU financial services regulation at the point when he did so, (ii) financial services regulation was not a central issue on the agenda at all, and (iii) there had been no discussion on the real [...]
Millionaires, bankers’ friend, no wonder we have the most right-wing government ever
Oct 4th, 2011 by Owen Jones.You have to admire the Conservatives’ courage as they launch their annual get-together in enemy territory today. Manchester is a Tory-free zone. Not one of them sits on the council and the city hasn’t sent a candidate sporting a blue rosette to Parliament for nearly three decades. The party faithful won’t be rattled by a bit of [...]
If the Tories don’t budge, Labour must support strike action
Sep 15th, 2011 by Michael Meacher.The unemployment figures are terrible – up 80,000 in the last 3 months to over 2.5m – and for Cameron lamely to call them ‘disappointing’ is an insult when his own government’s cuts are mainly responsible. And there is clearly a lot worse to come – with women’s joblessness fast approaching a quarter-century high, youth [...]
Cameron and Blair both muddle-headed on cause of riots
Aug 23rd, 2011 by Michael Meacher.Well, well, well. Who said “there are deep problems in our society that have been growing for a long time: a decline in responsibility, a rise in selfishness, a growing sense that individual rights come before anything else”? Cameron. And where does he think the selfishness and fixation on individualism came from, if not from [...]
PM shows how NOT to respond to riots
Aug 13th, 2011 by Darrell Goodliffe.Prime Minister David Cameron stood-up today and gave us an instructive lesson in how not to respond to the recent scenes we have seen on British streets. Unsurprisingly, his speech was laced with ‘broken society’ rhetoric and a law and order response. He dismissed those who wanted to talk about “resources” and outlined a now pending [...]
