Tuesday, 29 November 2011

Osborne's Folly How Plan A Failed - time for Plan C


So George Osborne's inexperience and arrogance has shown through. His over ambitious optimism of the March Statement has given way to a sombre realism in November.

Labour's Ed Balls has urged Plan B - more spending financed by more borrowing. Good to spot the flaw in Osborne downward spiral of austerity but wrong to seek to increase the deficit.

Osborne and Alexander's Plan A has worked in so far as Britain has thus far avoided Greece, Ireland and Italy's fate and currently enjoys borrowing interest rates lower than Germany.

A third way - or Plan C is to take a long hard look at Britain's income, wealth and expenditure to ensure than a maximum amount of spending, employment and output is released by the organisation of the national resources. Harold Macmillan talked of the selling of the family's silver. The coalition has considered selling off the land of britain's largest landholder - the forestry commission, but this was ill judged and mismanaged. Since a large proportion of office space in London is owned by foreign investors, government offices in London could be sold off to foreign buyers and the UK government moved out of the expensive capital to the jobless provinces. Britain is a wealthy country, if the top 100 richest people in Britain provided the UK with an interest free loan to cover the UK budget deficit out of a proportion of their £250 billion wealth in exchange for enoblement to the house of Lords, and perhaps those among the top 100 who do not pay a full 50% tax rate on their incomes might consider coming clean with the taxman.

In general taxation in the economy needs to be shifting away from income and wealth creation and employment towards discouraging unproductive and things which create unproductive expenditure. Taxes on tobacco, alcohol, saturated fat, pollution, overseas investment, property speculation, second homes, pitbulls, quadbikes, cosmetic surgery, tattooists and other non productive elements should be increased. VAT should be levied on fatty food, whilst lowered on items which might promote growth.

It is vital that the unemployed are billeted onto businesses in order to stay in the workplace and that job sharing is increased to spread work through the economically active populous. Apprenticeships or a form of national service is vital to the NEET Group who are being cast onto the scrap heap.
FDR said it in 1933 - we have nothing to fear but fear itself.

Thursday, 24 November 2011

Wear the Hat Dave !


Here is David Cameron - visiting a world beating British Hard Hat Manufacturer and refusing to wear a hard hat. - Why - because he hates the world leading British Health and Safety Industry.

Well Dave - In life you are either a builder or a wrecker.

So Far Citizen Dave - has presided over rising unemployment, collapsing growth, record low levels of house construction. Clearly not a builder!

Why not try building a better future for British workers.


A Plan for the next few months to kick-start Growth

1. Get people spending their money again - increase job security for British workers by increasing 1 year employment rights to all workers after 6 months work increase of reducing rights to 2 years as planned.
2. Get Billionaire Tax cheats who fund the Tories to pay their taxes or remove their passports
3. Move Government out of London - The capital is one of the expensive place in the world, we need less government jobs in London and more in Newcastle, Leeds, Birmingham.
4. Nationalise and sell un-used land and buildings which the Crown owns to reduce the deficit. This would include the Duchy of Cornwall, Crown Estate, Lands belonging to the Royal Family and the Church of England estate.
5. Quantitative Easing by paying the UK Credit Card Bill - this would restore domestic demand.

Tuesday, 15 November 2011

An Island of Wind and Storms

Question - would you rather have a windfarm in your community, or a nuclear plant or coal power station? - A no brainer really - some might dislike the wind farms but dislike the alternatives more. When Great Britain is an island battered by the winds and waves of Atlantic storms we need to keep working to cut our huge import bill from the import of russian gas and arabian oil. With nearly 3 millions on the dole and millions of uninsulated homes we need to find a way of unlocking the energy savings to pay the unemployed to do useful work.
George Osborne and the Conservatives seem eager to wreck the green growth initiative and the latest plans to smash the solar industry by the tariff changes are more evidence of an anti-business cabal of millionaries at the heart of the conservatives funded by international energy interests who seek to strangle britain's domestic energy industry in the same way as the coal fields were smashed in the 1980's and 1990's.

The Rogue Corporation versus the People

Just as in the final days of the fall of the Roman Empire, Western Liberal Democracies are drowning in a sea of debt and starting to print money and so debase the currency. Yet the root underlining core of the problem still goes deliberately un-noticed by policy makers. The reason - fear. Few people realise that whilst governments and countries are struggling and failing to service huge trillion dollar deficits, the worlds leading corporations are sitting on equally huge trillion dollar cashpiles built up over the last 20 years, the same time period that governments such as the US, Japan, and the EU countries have slowly run up debts. The why is simple. These huge corporations with their armies of accountants and tax consultants have evaded and avoided paying the taxes they owe to service the needs of the communities in which they exist. While small businesses, consumers, car drivers, and tax payers have been squeezed by rising tax levels and stealth taxes, the large corporations are glutted on tax evasion profits. Even worse than this the money has been put into huge offshore hedge funds operating out of tax havens which have speculated against the currencies and countries made vulnerable by this development. We may bemoan the small time tax dodger of Greece or Italy but ignore the tax evading corporation which owes billions.
The Billionaire Rogue media magnates and "do no evil web corporations" operate a privacy intrusion on a mass scale designed to ensnare, manipulate and control the people - whether by phone hacking or consumer profiles derived from internet activity.
Political Parties like the UK Conservative Party is funded in the majority by such people, who lobby assidiously to prevent the taxation of wealth, and corporate incomes.
So it is that banks are bailed out, small businesses and consumers are choked of funds and the world is heading for a crash. The answer is simple - pay your dues, pay your taxes and take pride in it. Policy Makers need to create a culture which celebrates tax payers and punishes the big time tax avoiders.
The economy needs growth, and this can only come from the bank balance sheets and the large corporation cash piles gained by greed and corruption.

Thursday, 10 March 2011

The Coming Split in the Liberal Democrats

As the 3,000 Liberal Democrats gather in Sheffield surrounded by a wall of steel to protect against the protests of 10,000 - a prediction

All the Liberal Democrats (excepting Nick Clegg) would have preferred to have entered into an anti-tory coalition last may. But enticed with the firm promise on a referendum on a watered down form of PR, they did the deal with the Conservatives and held their noses. Of course saving the country from impending greek/irish/Icelandic economic meltdown was important but PR was the decider.

It looks improbable that that voters will endorse such a change at a time of economic uncertainty. Post Referendum failure,the Liberal Democrats will soon split between old style pre-clegg Liberal Democrats who gravitate towards deeply felt issues and opposition politics and the new style cleggites who are desperate for power and think David Cameron is a bit left wing. The core old school Lib Dems want us out of Afghanistan, and wish there was a better way on the war on terror. They like the NHS and want to give the students back their grants. They hate nuclear power and nuclear weapons . The cleggites on the other hand, want the opposite. They want to win the war on terror , stay in the killing fields of Helmand . They want radical change in the NHS, and while embarrassed about the Student fees, don’t have a fundamental problem with US style higher education funding. They love nuclear, power and weapons. In short they’re tories.

So ironically it seems by breaking into government in 2010, in 2011 the mould of British politics will finally be broken back into a 2 party system again with say 30 of the left wing Lib Dems joining Labour, 20 of the the cleggites – staying in the Conservative Coalition, and a tiny rump of 8 wee-frees as the unimportant remnant.

History repeats itself – this is precisely the outcome of the 1915 Coalition with the Conservatives and the 1931 National Government Coalition. For Samuelites read – Kennedyites, for Simonites read Clegg.

Thursday, 16 December 2010

Foreign Policy - Time to stop appeasing China and Russia

The recent publication of the wikileaks has highlighted the continuing old habits of the once communist world. Google was allegedly cyberattacked on the orders of a chinese leader because of a bad review, and Russia was described as a near mafia run state. Now for the first time since Nazi Germany a Nobel Peace Prize Winner is prevented from claiming their peace prize. Russia is named in the assasination of a dissent on the streets of London using a radioactive assasination weapon which saw radiation contaminating the UK Capital City. China's embracing of western values following the opening to west in 1976 left the Communist Party intact and the supression of human rights ongoing. China is now a major economic, political and miltary power. US & European Policy makers are today slipping into the same convienient double think which plagued the British in the 1930's in their disasterous appeasement of Nazi Germany. Surely Hitler could see the benefits of peace and prosperity as against war. Surely China will change? We offered up Hong Kong in 1997. Sat on our hands about Tibet since 1950. We have kept quiet about China's sponsorship of the genocidal regimes in Pol Pot's Cambodia and North Korea.
For a moment in 2000 it looked like the Bush Administration would stand up to China over the Hainan Incident and then happened 9/11.
For the last 10 years we have all focussed on the proxy issues whilst Russia and China have got away with murder (litterally!)
Winston Churchill described an appeaser as someone who feeds a crocodile in the hope they will be last meal.
The West ought to start asking who in the world shares our values, just as the ancient romans - where is the enemy?
Could we win a war against China and Russia if they combined to challenge the West. It is clear that ten years on - the challenge is coming , time to end the appeasement and face it down, while we still can.

Save money - Move the Capital from London

London is one of the most expensive cities in the developed world. The British crown owns hundreds of billions of the most valued real estate in the developed world and chooses to use this sometimes valuable, expensive and unsuitable property to carry out government. The hundreds of thousands of government paid employees are almost twice as expensive as their counterparts in other parts of the UK. Whilst parts of the UK such as the North East, Scotland, Wales, Northern Ireland and Yorkshire are heavily dependent on government employment, the cost of those employees are a fraction of the expensive equivilents in London. Rather than sacking government workers outrside London, we should sell the Trillion Dollar property portfolio, relocate the jobs to areas of deprivation and lost cost. There are many brilliant counter locations for the UK Capital City in the 21st Century - Birmingham, Leeds, Manchester, Leicester to name a few.
Time to turn Westminster into a tourist theme park and move the expense of government elsewhere. We could save the taxpayer a fortune and perhaps have some of things we want like full employment, free education and proper pensions.