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Political situation in the UK

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for30against   I am satisfied with the political situation in the United Kingdom (UK). For instance, because it ... (if I wanted to write why, I wrote it here), positive
for1against   Sollen wir unsere Realwirtschaft den City Boys überlassen?Hängt diese Typen auf!, SEPP
for1against   Die Realwirtschaft wurde von Margret Thatcher kaputt gemacht und jetzt sollen die Heuschrecken regieren!Versenkt die Insel!, SEPP
for1against   Banker ins Gefängnis!, SEPP
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Thousands march against spending cuts

More than a quarter of a million people have marched through central London to deliver a powerful message about the government's cuts in public spending. The generally good-natured mood was soured by violent and destructive attacks on symbols of wealth including the Ritz, banks and a luxury car dealer, and an occupation of the upmarket food store Fortnum and Mason. Trade union organisers said that the turnout had exceeded their expectations, and thousands had travelled by coach and by train from as far as Edinburgh to vent their anger at the government's cuts by marching through London to a ...

We need a general election

Both the borough’s Labour MPs voted against dissolving parliament and holding an election. The vote follows months of scandal and allegations over Brent Labour MPs expenses claims, and a massive 25% drop in the Labour vote in last week’s European elections in Brent. Eight ministers have abandoned Gordon Brown’s government and internal disputes have overshadowed important policy debates.The only major party to move forward in the elections last week was Sarah Teather’s Liberal Democrats. Even David Cameron has admitted that the Conservatives can’t win in Brent ...

Britain has outsourced mayhem. Finally it's coming home

I believe that the current political crisis has little to do with the expenses scandal, still less with Gordon Brown's leadership. It arises because our economic system can no longer extract wealth from other nations. For the past 300 years, the revolutions and reforms experienced by almost all other developed countries have been averted in Britain by foreign remittances.The social unrest that might have transformed our politics was instead outsourced to our colonies and unwilling trading partners. The rebellions in Ireland, India, China, the Caribbean, Egypt, South Africa, Malaya, Kenya, Iran ...

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Plebgate: The lesson we can all learn from Andrew Mitchell’s demise
Like a previous Conservative cabinet minister, Andrew Mitchell sought to deploy the simple sword of truth and the trusty shield of fair play against the British media, and he lost. The judge in Mr Mitchell’s libel case was clear that he had indeed used the much-disputed and endlessly discussed term “pleb”. Thus has “Plebgate” been settled.
I saw the immigration lies a mile off - and now nobody can deny it
We learned yesterday that the Conservative Party has once again betrayed the trust of the public, this time in repeatedly assuring us all that it would bring net migration down to below 100,000 people a year.
What does the Rochester and Strood result mean? Nobody knows | Mark Wallace
Ukip is hurting the Tories – and in some areas may hurt Labour too. These are sleepless times for those who stand for election• Mark Reckless wins Rochester and Strood byelection for Ukip – live reactionUkip has a second MP and Mark Reckless has survived his decision to defect – albeit with a majority of 2,920 rather than his 9,953 in 2010. What are the implications, what are the lessons and what’s next? Continue reading...
Labour bungled City regulation. Here’s how the Tories are putting it right | Nadhim Zahawi
Financial reform is on the Conservative agenda. Labour helped cause the recession because it didn’t understand free marketsFinancial regulation is rarely invoked as a Conservative achievement. This is understandable, since stress tests and capital adequacy ratios and macroprudential frameworks are not exactly doorstep material. Yet I would argue that we should be proud of what we’ve done to reform a system that so utterly failed the British people seven years ago.The structure we inherited was designed by Gordon Brown and Ed Balls, who laboured under the belief that boom-bust cycles were a thing of the past. In 1997, the Bank of England was granted operational independence over monetary policy. Responsibility for banking supervision was then transferred from the Bank to the Financial Services Authority (FSA), which Brown told to adopt a “light-touch approach”. Continue reading...

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