Following Osborne’s triumphant releasing of pensioners to unlock their annuity contracts to spend how they will, there were many siren voices raised that that risked exposing many vulnerable elderly people to crooks and scammers selling dud investment projects as the road to riches. The results have turned out even worse than feared. City of London […]
The Labour leadership contest is a classic example of how it should not be fought
Aug 20th, 2015 by Michael Meacher.Sadly, but predictably, the Labour Leadership struggle has been so much mired in bluster and hysteria that its true potential significance has been largely obscured. A contest of this kind should start, not with who it is claimed has the style and presentation to be the most plausible leader, but with what it is argued […]
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Hypocrisy of the Tory “workers’ party”: making it impossible to strike
Aug 19th, 2015 by Michael Meacher.Strike action, fox hunting, the BBC, Europe, migrant benefits – never underestimate the Tory capacity to identify things that aren’t problems and then attack them. The number of days lost to strike action is on average less than a tenth of what it was during the 1980s. It’s not even as though strikes are constant […]
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Brown has a nerve to lecture us on economic credibility or winning elections
Aug 18th, 2015 by Michael Meacher.It is hard to believe that Brown had the gall in his anti-Corbyn diatribe to declare that “the best way of realising our high ideals is to show that we have an alternative in government that is…neither a pale imitation of what the Tories offer nor is the route to being a party of permanent […]
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Cameron-Osborne’s vendetta against the young could prove their downfall
Aug 16th, 2015 by Michael Meacher.Osborne really has got it in for young people – unless of course they are poised to inherit their grandparents’ £1 million home or will benefit from a higher inheritance tax threshold. It will be young people who cop it from changes to universal credit that will deduct benefits faster as they earn more. That […]
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Tory privatisation economics: try the London sewer, the mother of all scandals
Aug 15th, 2015 by Michael Meacher.As an illustration of what the Thatcherite privatisations of the 1980s now mean, you could not have a better example than the London super sewer. It costs £4.2bn, and you might expect that Thames Water, the privatised company that controls the whole of its length, should obviously be expected to pay for it. Not a […]
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Don’t believe Tory lies on immigration
Aug 14th, 2015 by Michael Meacher.With the world’s biggest refugee crisis since 1945, it is perhaps predictable that the Tories’ reflex response is to sensationalise the issue, lie about the facts, and pull up the drawbridge. May kicks it off with the falsehood that the vast majority of migrants to Europe are Africans motivated by economic self-interest, when in fact […]
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The Blairite formula is no longer working
Aug 13th, 2015 by Michael Meacher.In 1994 Blair took over the Labour party and made it safe for British capitalism. Which is why so many top companies and banks were content to contribute large sums to the party in order to hedge their bets – they gained whichever party won the elections. Up till now they have dominated the Labour […]
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Blairites still don’t understand public ownership
Aug 12th, 2015 by Michael Meacher.So the latest Blairite plan to derail the Jeremy Corbyn steamroller is to try to label him as rewriting Clause IV when it is perfectly clear that what he is really trying to do, rightly, is to re-start the debate about public ownership which is now so badly needed. Thatcher’s dominant ideology was ‘let the […]
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Five good reasons why Osborne’s selling off RBS and Lloyds is wrong
Aug 9th, 2015 by Michael Meacher.Osborne as usual is taking advantage of Labour’s distraction at this time to sell off RBS and Lloyds to the private sector at a huge losses to the taxpayer, to accountability of the banks, and to the future of the British economy. This is motivated by his ambition eclipse even the Thatcherite privatisation boom of […]
