This video is called Johann Hari on Dylan discussing what Cameron and Osborne have done to the UK.
From News Line daily in Britain:
Friday, 11 February 2011
The bankers’ man who is admired by Ms Le Pen!
LORD Oakeshott is the senior Liberal Democrat who quit their front bench in protest at the Tory-LibDem coalition’s decision to allow the bankers to opt out of any hint of austerity, and to award themselves billions of pounds of bonuses.
He spoke for the Lib Dems on Treasury matters in the House of Lords.
He has blasted the ‘commitment’ by the Big Four banks in the so-called Project Merlin negotiations to increase lending to small and medium businesses, saying ‘That is not a commitment at all. That’s a weak, waffly gross lending aspiration with vast wriggle room. There’s no commitment there.’
His verdict on the capacity of the Treasury team is: ‘They’ve got an awful combination of arrogance and incompetence . . . most of them couldn’t negotiate themselves out of a paper bag.’
He pointed the finger at Tory leader Cameron for a ‘very soft deal’ for the banks.
He said the ‘settlement’ with the banks would not stop multi-billion pound bonuses being paid – including to the bosses of taxpayer-funded companies. Speaking yesterday, on the BBC Radio 4’s Today programme, he said that banks had tied the government in knots and come out with a ‘soft deal’. He said: ‘The problem with this deal is that it sent out all the wrong messages, particularly from David Cameron but also the Treasury, that we had to do a deal with them. and I can tell you the only way you do a good deal with banks is if they don’t think you’ve got to do a deal.’
He continued that the bonuses announced on Wednesday for Stephen Hester, the chief executive of RBS, and Eric Daniels, the outgoing chief executive of Lloyds, as ‘extraordinarily wrong’. Daniels is to be paid a £1.45m bonus on top of his salary of £1m, and Hester £2.04m. Both banks are supported by the taxpayer.
The Barclays boss, Diamond, will now collect a bonus of at least £8m and Stuart Gulliver, of HSBC, at least £9m. This is while the working class and the middle class are being put on the wrack by the same coalition government.
But Cameron is not just the darling of the bankers.
For some time in the EU parliament the Tories have been part of a bloc of ultra-right wing parties, some of which have been described for some time as neo-fascist. The Tories have been much criticised for this position but have refused to quit the bloc.
Yesterday their policy bore fruit when Marine Le Pen, the leader of France’s fascist National Front, praised David Cameron’s ‘muscular liberal’ approach to the Muslims.
Ms Le Pen argued that the Cameron speech marked a significant rightward shift across Europe, saying: ‘It is exactly this type of statement that has barred us from public life for 30 years.’
She added: ‘I sense an evolution at European level, even in classic governments. I can only congratulate him.’ The leader of the coalition is now the darling of both the bankers and the French fascists.
She will no doubt give her full support for his statements that he is willing to bring in additional anti-union laws to prevent trade unions fighting his savage cuts policy, and that a general strike will be illegal.
No doubt Tory statements that they intend to abolish collective bargaining in the NHS and education will also win her admiration. The National Front may well invite him to address some of their rallies.
Cameron is not a fascist. He is a right-wing Tory whose determination to anglicise the Muslims and smash the unions and the middle class in favour of the bankers is driving him rightwards.
The fact that Le Pen can greet him as some sort of convert must serve to redouble the determination of the workers movement, to change the leaders of the trade unions, and take the coalition on head-on in a general strike to bring it down, and bring in a workers government.
Such a government will carry out socialist policies and serve notice on movements like the French National Front that their end is nigh.
TRUTHOUT’S BUZZFLASH DAILY HEADLINES
While the right wing claims that American capitalism leads the world, the New York Stock Exchange (NYSE) is about to be acquired by new owners in Germany.
That’s right, long the symbol of the so-called “free market,” the likely sale symbolizes that Wall Street is no longer the center of the financial universe.
As of February 9, a New York Times article predicts, “A merger would potentially let customers trade stocks in New York, options tied to those shares in Paris and derivatives linked to them in Frankfurt.”
The NYSE has long offered a favorite photo opportunity for US politicians and presidents, who would ring the famous opening bell of the market, symbolizing their support of the American “free enterprise system.”
But it looks like, in the near future, the financial transactions of the global elite will officially be disbursed more and more around the world.
The right-wing nostalgia for the financial might of America that characterized the post-WWII generation is becoming increasingly exposed as a mirage.
The national boundaries of investment are being made ever more negligible by an international marketplace that owes no allegiance to any individual nation.
The NYSE, which was founded in 1792, will no longer be owned by Americans.
This single act won’t stop the Tea Party from sipping on its cup of delusions, but at some point the reality will set in.
America’s financial destiny is inextricably intertwined with that of the world.
Editor, BuzzFlash at Truthout
Tories are still homophobic
The disgusting comments of James Malliff, Tory councillor for Wycombe, show that homophobia continues to exist in the Tory party.
He said on Twitter that if the party supports gay marriage, they “may as well legalise marriage with animals”.
The Tory party has an appalling record. Most of its leadership voted to keep Section 28, which prohibited the open discussion of homosexuality in schools.
Today the cuts have a disproportionate effect on LGBT people. Welfare, housing and health organisations face closure.
Any discussion of LGBT rights that includes the Tories will be shaped by homophobic attitudes and values.
Rachel Harger, East London
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