I never voted Tory before ……

New ConDem Cabinet - 23 Millionaires, 23 White, 0 Black, 1 Asian, 26 Men, 4 Women. 70% went to Oxbridge.... Can they really afford a 5% pay cut – the rest of us can’t!

ConDemNation

Farewell to Gordon Brown a decent man never seduced by the trappings of office. We now have the novel ConDemNation headed by a LibCon coalition of opportunism – time will tell how this will fare but at the next election the LibDems will cease to exist – people will never vote Liberal to get Conservative again. The struggle for a Decent Fairer Britain continues and the impetus for this will never come from those with a sense of entitlement born of inherited wealth or position or who live off the labour of others. Never will, never has. La Luta Continua!

Here, in a DC Blog exclusive, is the first exclusive picture of the New Lib Con Pact Cabinet featuring;



Stockbroker’s son David Cameron late of Eton and The Bullingdon Club, Oxford.

Joanna Lumley, Minister for Toothy Grins and skewering little men.

Nick Clegg, Banker’s son, former Young Conservative and aide to Sir. Leon Brittain as European Commissioner. His wife, Miriam González Durántez, is the daughter of a Spanish Senator and was an aide to Chris Patten in Brussels.

Labour MP Stephen Pound summed up the happy LibCon marriage of convenience best;

Lib Dems entering government with the Tories will be

"like vegetarians who've got jobs at McDonald's - they'll be chewed up and spat out."

Britain must not journey back to the past on May 6th

There has been much negative campaigning in the British General Election and playing the blame game on the past. Politics is a bit like running a restaurant – because people can cook their one dish they then think they can run their own place. However as many have found out reality is a harsh teacher.

The contrast between this global recession and the early Nineties is graphic. Then mortgages were at 14.6% and the then Chancellor, the lamentable Norman Lamont said unemployment was a “price well worth paying.” His “special advisor” was one David Cameron who was with him when he led the country into the unmitigated disaster of Black Wednesday.


The last time the Stockbroker's son got near the economy

The Conservatives are now headed by a troika of Old Etonians, Dave Cameron, Gideon Osborne & Boris Johnson, and with their MP’s being 64% the product of private schools The Tory Boys and Gals want to play Tuck Shop with the country again. This is no time to let amateurs born with silver spoons learn on the job while looking after their “own kind” and playing PR lip service to a “Big Society” – at the back of it all are the Thatcherites who still believe there is no such thing as Society!



Even Sir Reginald Sheffield’s photogenic daughter does not make the Tories an electable government. We all remember the dark days under Thatcher. In fact, we remember them every day - because years later, so many hard-working British families are still trying to recover from the days of Tory control. We cannot afford to let history repeat itself, and to allow David Cameron to destroy the great progress we've made. Let us not forget the loss of homes, the unemployment, the division, the destruction of the NHS and Education, the Poll Tax and the arrogance towards the “little people” – You know the ones who actually pay tax? Vote to Slam Cam!


Kathryn White

I’m supporting Kathryn White as Labour candidate for Aylesbury. She'll make an excellent MP and shake up the smug Conservative / Lib Dem cartel locally.

http://www.kathrynwhite.co.uk

She is a local person who was born and bred in Aylesbury and wants the best for the constituency. She is standing to represent local people from her home area and to give a voice to the majority who are sick of being ignored by the local Tory and Lib Dem cartel.



Whether it is early years’ education, healthcare, social housing or pensioner support, the work Labour has done in the past 13 years has helped make our country a better place. That is the Britain we’ve been building together - the change we see all around us.



Together we have introduced the National Minimum Wage and achieved the shortest waiting times since NHS records began, brought in the first ever legally binding targets to reduce carbon emissions and now have over 44,000 more doctors and 89,000 more nurses than in 1997. This is just some of what Labour has been able to achieve so far with your support but there is more to do. Only one party in this election has the moral purpose to deliver for ordinary people – The Party which was set up to protect honest people who rely on their Labour, not the spivs, not the toffs with their sense of entitlement, not those who live off the labour of others.



The economy is growing. Stick with the economic recovery - vote Labour on May 6th.

LATEST NEWS (29 April 2010): Brown supported by 100 senior economists on economy who say he's got it right

http://ht.ly/1ED15

LATEST NEWS: The International Monetary Fund support Labour's economic plans for 2010 and also oppose tackling the deficit before 2011: "In most advanced economies, fiscal and monetary policies should maintain a supportive thrust in 2010 to sustain growth and employment. Regarding the near term, given the fragile recovery, fiscal stimulus planned for 2010 should be fully implemented". Read more

http://www.guardian.co.uk/business/2010/apr/21/western-economies-too-weak-for-spending-cuts-imf-warns

This isn't a page created from political bias, using misleading statements in a bid to score points. It's a page based on facts. Please read below and follow the link at the bottom of this page for more information.



David Cameron, George Osborne and the Tories opposed every Labour Party measure which has seen the economy grow. Cameron and Osborne were wrong. They'll be wrong again. Don't allow the Tories to ruin the road to recovery.

"We opposed the £12 billion Labour wasted on the VAT cut. We were against the fiscal stimulus".

- David Cameron, Apr 2009.



David Cameron, George Osborne and the Tories opposed the fiscal stimulus and a cut in VAT. These measures were put in place by Labour and thanks to these measures, the economy is now growing, unemployment is falling.

There's one clear message: Labour policy is working. Let's not risk the recovery with the Tories who have opposed every measure which has seen the economy grow.



Vote Labour on May 6th - stick with the recovery.

Here are the facts of how Cameron opposed the stimulus, how they'll cut now when the economy needs it most and how their policies go against the advice of experts

http://www.facebook.com/note.php?saved&&suggest¬e_id=115147398510039


The Tory Non-Dom Leader and his UK Rep?

See also;

Old Etonian cries "Power to the People!"

http://daithaic.blogspot.com/2010/04/old-etonian-cries-power-to-people.html

Lest we forget?

http://daithaic.blogspot.com/2010/03/lest-we-forget.html

Lord Cashcroft

http://daithaic.blogspot.com/2010/03/lord-cashcroft.html

We will fight them at Selfridges

http://daithaic.blogspot.com/2008/09/we-will-fight-them-selfridges.html

Economic Crisis Update

Luckily the Chancellor Gordon Brown and the Deputy Chancellor Alistair Darling have kept on top of events since, led from the front and not looked like rabbits caught in headlights; There is no shubshitite fur eshperience ash Ghordon ofthen sheys!


A financial crisis unmatched since the Great Depression, say analysts

Guardian, London, March 18th 2008

A century after John Pierpont Morgan rescued the New York stockmarket from a 50% sell off in share prices, his blue-blooded Wall Street bank was yesterday once again at the heart of attempts to contain the deepening global financial crisis.

In an echo of the "bankers' panic" of 1907, JP Morgan responded to what is being billed as a meltdown of historic proportions by agreeing to buy its stricken rival, Bear Stearns.

The length and severity of the crisis that broke over global markets last summer has had analysts delving into their history books. George Soros, who was largely responsible for Black Wednesday, the last bout of serious financial turmoil to afflict the UK, believes there has been nothing to match the events of the past nine months since the Great Depression.

Alan Greenspan, the former chairman of the Fed and the man blamed by many for setting off the boom-bust in the US housing market, agrees with the man who broke the Bank of England. Writing in the Financial Times yesterday, Greenspan said: "The current financial crisis in the US is likely to be judged as the most wrenching since the end of the second world war."

The first 25 years after the war were relatively trouble free. Britain had devalued the pound in 1949 and 1967, but the first real systemic threat to the financial system arrived in 1973 with the secondary banking crisis that affected the "fringe banks" that had provided money to speculators during the property boom. When the crash came, the Bank of England launched a "lifeboat" to prevent the crisis spreading.

Similar action by the Federal Reserve in 1998 contained the fallout from the collapse of Long Term Capital Management, a hedge fund that lost money in the aftermath of Russia's decision to default on its debts. By comparison with recent events, LTCM now seems to be a minor market wobble.

Students of the markets say the only recent parallel with the current turmoil is Japan in the 1990s, but other than that they have had to study the 1930s, when 9,000 banks failed, 1907 when JP Morgan told Wall Street enough was enough after a 50% drop in shares, and even to the series of economic and financial upheavals during the final quarter of the 19th century.

New York Fed Warns On Hedge Funds

New York Times - May 3, 2007

In what Reuters describes as its “sternest warning to date” on the state of the hedge-fund business, the New York Federal Reserve said Wednesday that the funds could represent the biggest risk for a financial crisis since 1998, when the implosion of Long-Term Capital Management threatened global markets.

“Recent high correlations among hedge fund returns could suggest concentrations of risk comparable to those preceding the hedge fund crisis of 1998,” according to a paper written by Tobias Adrian, capital markets economist at the central bank.

Regulation — or lack thereof — of the $1.4 trillion industry has become a battle ground for regulators and lawmakers. The meltdown of Long-Term Capital is often cited as a cautionary tale by those arguing for more oversight of the lightly-regulated investment pools. The crisis at Long-Term Capital took the market by surprise and resulted in The Fed forcing an unprecedented $3.6 billion bailout.

The Fed’s latest worry arose from what it described as a rising correlation between the actual returns of hedge funds, which could point to similar trading strategies that excessively concentrate risk on too few market positions.