Thursday, June 10, 2010

British Government Serves Banks

Not really news, is it?

"British leaders promise changes; Seek five-year fixed terms for Parliament" by Sarah Lyall, New York Times | May 13, 2010

LONDON — The leaders of Britain’s bold new experiment in coalition government flung off their differences and stood side by side yesterday, promising to act in concert to promote economic stability, overhaul the country’s frayed political system, and demonstrate that their unlikely arrangement is more than just a hasty marriage of necessity.

The Conservative prime minister, David Cameron, and his deputy, Nick Clegg, a Liberal Democrat, pledged that their jury-rigged government, with a Cabinet made up of both parties, would tackle the bloated deficit....

Isn't that a bit of an insult, Brits?

The moves were designed to demonstrate to a jittery, skeptical public that the new government would act swiftly....

No, they were done to assuage banks, liar!

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And SOME CHANGE, Brits!!!

"Britain’s unlikely coalition starts up its government; Targeting deficit, Cabinet freezes its own salaries" by Jill Lawless, Associated Press | May 14, 2010

LONDON — Liberal Democrat leader Nick Clegg. spoke last night with US Vice President Joe Biden, after Prime Minister David Cameron, head of the Conservative Party, held phone talks Tuesday with President Obama.

“They looked forward to close cooperation between their governments on the shared challenges of Afghanistan, the global economy and international security,’’ Britain’s Cabinet Office said in a statement. Clegg “stressed that the US and the UK acting in harness could make a dramatic difference.’’

For (rhymes with) the you-know-whos.

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The right-of-center Conservatives and the center-left Lib Dems have hammered out a policy agreement with compromises on both sides. The third-place Lib Dems get moves toward the electoral reform they have long cherished, while the Tories retain key platform planks, including an annual cap on immigration and cuts to public spending to reduce Britain’s ballooning deficit.

Work and Pensions Secretary Iain Duncan Smith said the government’s main task was “to get the economy back on track.’’

A BBC survey of economists who advise the Treasury department found yesterday that most are predicting that the government will raise sales taxes to slash the record deficit of $225 billion.

All so BANKERS can GET PAID!

Most of those questioned predicted an increase in value added tax from its current 17.5 percent to 20 percent before the end of 2011.

Before the election, neither party had refused to rule out the tax increase on goods and services. Clegg and Cameron have also pledged sweeping reforms to Parliament, civil liberties laws, and ties to Europe....

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I'm already sick of them and it is not even my country.


"Britain — and the rest of the world — might be better off with a quick new election that yields a more robust majority.

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No, if the Globe is suggesting that forget it.


Related:
Second Milliband vies to lead party
Who cares?


Something they should care about
:

"Britain braces for deep budget cuts" by Robert Hutton, Bloomberg News | June 8, 2010

LONDON — Prime Minister David Cameron, preparing voters for the deepest spending cuts in a generation, said yesterday that the previous Labor government left the public finances in a weaker state than he anticipated.

Oh, ALL GOVERNMENTS -- "left or right" -- are LYING about the NUMBERS, huh?

All so BANKERS COULD and CAN get PAID!!!!!


“The overall scale of the problem is even worse than we thought,’’ Cameron said in a speech in Milton Keynes, 50 miles north of London. “The decisions we make will affect every single person in our country. And the effects of those decisions will stay with us for years, perhaps decades to come.’

That decent country you thought you had, Englander?

Gone!


Britain’s Conservative-Liberal Democrat coalition is seeking public backing for cuts that will be the deepest since Margaret Thatcher was prime minister in the 1980s and that will last longer than any other since World War II. The pound has fallen more than 10 percent against the dollar this year amid concern the government will struggle to fix public finances.

Cameron said Treasury estimates show government debt-interest costs reaching $101 billion, in five years’ time, up from $44.9 billion in the last fiscal year.

Deposit DIRECTLY into BANKSTER'S POCKET!

“Today we spend more on debt interest than we do on running schools in England,’’ Cameron said. “But 70 billion pounds [$101 billion] means spending more on debt interest than we currently do on running schools in England, plus on combating climate change, plus all that we spend on transport.’’

But WARS and BANK BAILOUTS are FUNDED, 'eh?

A full spending review toward the end of the year will set budgets for each department for the three years starting April 2011, with the Institute for Fiscal Studies predicting that areas including transport, housing, and higher education could face cuts of as much as a quarter.

Does that also MEAN the MILITARY?!!

Cameron sought to pin the blame for these cuts on Gordon Brown, Labor’s chancellor from 1997 to 2007 and then prime minister until May.

That is not what voters want.

Labor dismissed the attack. “This is a classic case of the Tories seeking to blame the last government in order to pave the way for things they’ve always wanted to do,’’ former chancellor of the exchequer Alistair Darling said.

They DON'T WANT THAT from the last looters, 'er, losers, either!!


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Related:
Thatcher visits Cameron at Downing Street

That is bringing out the big guns.

It's like getting a visit from Bush Sr. in Amerika.