Posts Tagged ‘Channel Islands’

Kenneth Surin on Brexit and May’s Corporate Attack on the Poor

April 20, 2017

On Tuesday, Counterpunch published a long piece by their contributor, Kenneth Surin, on Theresa May’s plans for Brexit, and how this will inevitably harm the poor and the working people of this Sceptred Isle. And it’s what you’re already expecting, if you’ve read the Groaniad, those bits of the I newspaper that are still even remotely genuinely liberal, and bloggers like Mike over at Vox Political, the Canary, Another Angry Voice, The Void and so on. May, he predicts, will talk a hard Brexit in order to counter some of the opposition from the Tory Right, but will leave some room for a soft Brexit. She, Boris Johnson, and the other vicious grotesques currently infesting the halls of power, want to use it to turn Britain into a tax haven. So he predicts that the City of London and its connections to some very dodgy individuals – he has a paragraph giving the names of some of them – will get even murkier. But, as he points out, Britain already is a tax haven through the Channel Islands.

He states that we are likely to be given a very hard deal by the EU. He states that there was friction between Britain and the European Union as while the EU represents the power of corporate capital, it draws a line on their direct influence in government. The lingering Social Democratic tradition in these countries, like France, Germany, and the Scandinavian nations, means that the government governs for industry, but is not run like an industry. Unlike the Neoliberal vision, exported to Britain from the US, which wants government to be run exactly like a business.

He also predicts that May and her grotty team will inflict further misery on the poor, because that’s what appeals to the right-wing British press, like ‘the foreigner Murdoch’ and the ‘tax-dodging, Nazi-supporting Rothermere family’. The Tories will follow Farage, and privatise the NHS, just as the are already privatising services and levying charges for them.

He also rebuts May’s feigned concern for those ‘Just About Managing’, or the JAMs. Despite all the crocodile tears she and her cronies shed, she has done absolutely nothing for them. Wages are still stagnant, the opportunities to upgrade one’s skills are similarly being cut, as are welfare services to support the poor and unemployed.

Surin begins his article also by pointing out that when it comes to the day, the vote on Brexit is likely to be influenced by factors and issues that aren’t really relevant. He also talks about the way May has already shot herself in the foot by trying to promote Brexit using images of places, which have actually benefitted from the EU. Like the northern shipyards, which were given a million pound grant.

Surin begins his piece

“So at this moment of change [Brexit], we must respond with calm, determined, global leadership to shape a new era of globalisation that works for all”.

— Theresa May

“My plan for Britain is not just a plan to leave the EU but a plan to build a stronger economy and a fairer society, underpinned by genuine economic and social reform. To make Britain a country that works for everyone, not just a privileged few”.

— Theresa May

The UK’s Brexit roll-out is a constantly evolving project, zig zagging along because the Tories in charge of it, like everyone else, have no real idea of how it will culminate. So far it has been ad hockery all the way, though one or two of the project’s connecting threads are starting to be visible.

One week, Theresa “the woman without qualities” May, who voted against Brexit, is in favour of a “hard” Brexit (basically one involving no deal of any kind with the EU regarding the single market and immigration), the next she softens her tone and hints that a more placative agreement with the EU, amounting to a “soft” Brexit, might be welcomed in whatever hoped-for way.

Nothing was more symbolic of this chaos and muddled-thinking than the most recent pro-Brexit television broadcast by May, which showed her against the background of ships moving in the Scottish port of Aberdeen.

Oops– the port of Aberdeen was granted a €258 million loan from the European Investment Bank on 20 June 2016, just 3 days before the UK voted to leave the EU!

It all seems to depend on how much heat the pro-Brexit right-wing of her party, citing that chimerical entity “sovereignty”, can turn on her.

Her predecessor, “Dodgy Dave” Cameron, weary of feeling this heat, called the Brexit referendum to cool down his party’s right-wing, absolutely confident in his nonchalantly patrician way that Brits would consider themselves better-off by remaining in the EU.

Such referenda, although purportedly on a single-issue, tend invariably to have outcomes determined very much by the mood of the electorate, which is affected by a plethora of considerations having nothing specifically to do with the issue officially on the table on referendum day.

***

May’s calculation requires her to “talk” a hard Brexit, to neutralize the right-wingers who ended her predecessor’s political career, and to gain the support of the right-wing press– owned by the foreigner Murdoch, the Nazi-supporting and tax-dodging Rothermere family, Richard “Dirty Des” Desmond (the former head of a soft porn empire), the tax-dodging Barclay brothers, and a Russian oligarch.

This overseas-domiciled and tax-dodging (in the cases mentioned) crew have set the low-information agenda for those inclined towards Brexit, so May’s strategy, if we can call it that, has been accommodating towards their hard Brexit stance, while leaving things vague enough for loopholes to enable a “softish” Brexit if needed.

May, craving electoral success, has to cater to all sides and eventualities. The results are likely to be calamitous for the UK.

Why is this?

May’s primary objective is to convey the impression that Brexit will “work for all”.

Alas there is no evidence for this claim.

***

The UK’s pro-Brexit movement, in the absence of anything resembling a Lexit, is not going to be shackled by this or that constraint previously imposed by the EU.

For instance, the UKIP leader Nigel Farage, Trump’s non-American sycophant par excellence, though a minimal figure, has always advocated the privatization of the NHS. And this is exactly what the Tories have been pursuing by stealth since 2010.

***

May has already said she “stands ready” to use Brexit as an opportunity to turn the UK into a tax haven, or as the financial press euphemistically puts it, “a low-tax financial centre”. It is already one of course (this being the primary function of the islands of Guernsey, Jersey, the Isle of Man, and Gibraltar).

What May clearly means is that London’s financial sector, which is already awash in murky water, will become an even muddier swamp able to match similar swamps in the Cayman Islands, Bermuda, Panama, Hong Kong, Singapore, and so forth. Dwellers of these swamps include assorted drug dealers, human traffickers, gun runners, owners of illegal gambling syndicates…

***

In addition to May desiring this state of affairs for the City of London, it is clear from the composition of the team put together by the secretary of state for international trade Liam Fox to negotiate post-Brexit trade deals, that Brexit UK is going to pursue a thoroughgoing pro-corporate agenda.

***

This corporate bonanza will probably be accompanied by a weakening of environmental regulations, since most of the leading Brexiteers are climate-change deniers or supporters of fracking (and in most cases, both).

Pro-Brexit climate-change deniers include Farage, Michael Gove (who tried to ban climate change from the school curriculum when he was education minister), the foreign minister Boris “BoJo” Johnson, Thatcher’s finance minister Nigel Lawson, and the above-mentioned Liam Fox.

***

This hugely attractive and compassionate bunch (sic) are not going to be too concerned about pollution, biodiversity, natural habitats, animals abused by industrial farming, climate change, the prohibition of lethal pesticides, declining fish stocks, the international trade in endangered species, and the use of GMOs, when the agribusiness corporations howl about environmental regulation being a burden to them.

There will be no remotely green agenda under this ghastly crew.

***

May prates on about her deep concern for “just about managing” families (JAMs), but the austerity agenda passed on by the disastrous former Chancellor of the Exchequer George Osborne is being implemented with only a slight cosmetic tweak here and there.

The UK economy has grown since 2010, but, according to the Guardian, 7.4 million Brits, among them 2.6 million children, live in poverty despite being from working families (amounting to 55% of these deemed poor) — 1.1 million more than in 2010-11.

The report cited by the Guardian, produced by the reputable Joseph Rowntree Foundation (JRF), shows that the number living below the Minimum Income Standard – the earnings, defined by the public, required for a decent standard of living – rose from 15 million to 19 million between 2008/9 and 2014/5. The UK’s population is 65 million.

These 19 million people, or just under 1/3rd of the UK’s population, are its JAMs.
***

Social care is becoming increasingly unaffordable for them, the NHS is starting to charge for treatment as it undergoes a backdoor privatization, they have fewer opportunities for upskilling in order to raise their incomes, and so on. This while their wages are stagnant even as the cost of living is increasing for them.

***

Such important and pressing issues need to be addressed as a matter of urgency, but they are not.

The Tories pro-corporate Brexit agenda has become the proverbial tail wagging the dog.

***

Many have a name for what is really and truly going on in the UK and US: class warfare.

The bastards have the underprivileged by the throat. All the mainstream political parties are terrified of offending them, if they haven’t already thrown their lot in with the bastards.

What is desperately needed, for the dispossessed and disadvantaged, is a reversal of this situation, in which many firm hands turn round and grasp the throats of those responsible for the misery of tens of millions of people.

Is there anyone in the almost moribund Labour party, torn apart by infighting caused by its still significant Blairite remnant, capable of saying any of the above unequivocally?

Go read the rest of the article at: http://www.counterpunch.org/2017/04/18/the-calm-determined-stronger-fairer-uk-brexit-zig-zag/

In answer to Surin’s final question, yes, there are plenty of people in the Labour party willing to point all this out. They’ve tried to do so ad infinitum. But the Blairites and the Tory media are doing their best to stop that message getting out. They never report what they say about the detrimental attacks the Tories and Blair have made on the welfare state, the NHS and the economy, but selectively quote them in order to make it all fit the narrative that Corbyn and his wing of the party are ignoring these issues. And it’s done deliberately to fit the narrative of Corbyn as a Trotskyite entryist.

It’s why I’m afraid that the next two months will be a very hard struggle for everyone desperate to save Britain from the corporatist swamp created by the Thatcherites and their media lickspittles.

Private Eye on Andrea Leadsom and the Hedge Funds Backing Brexit

June 9, 2016

This fortnight’s Private Eye also has an interesting piece on Andrea Leadsom, one of the leading Tory Brexit supporters. Leadsom has been complaining that several of the organisations warning of the dire consequences Brexit will have on the British economy are funded by the dreaded EU. The Eye points out that Leadsom herself is also funded by her brother-in-law, a hedge fund manager based in the Channel Islands, and that the hedge funds generally support Brexit in the expectation that it will help them avoid paying tax. The Eye writes

Hedging Her Bets

“I put it down to a big institutional ganging up on the poor British voter,” complained Andrea Leadsom, the leading “outer” who is said to be having a good war, referring to the way the Institute for Fiscal Studies and others point out the likely costs of leaving the EU. “What do they have in common, these organisations?” Number one – lots of EU funding.”

The energy and former Treasury minister perhaps knows more than she has previously let on about the power of financial backing to influence views and policy. Leadsom herself ahs had plenty of financial backing from the offshore hedge und run by her brother-in-law Peter de Putron, as has the EU-sceptic Open Europe thinktank, she has championed (Eyes passim ad nauseam).

What result the Guernsey-based donor hopes for is not known. But plenty of other hedgies want out so they can escape EU regulation of their funds (inexplicably confident that a British Tory government would be kinder to them). Others are just pleased it’s all getting nice and tight so they can take positions on sterling and cash in on the early exit poll information they are paying for outside the polling booths. (p. 7).

Her connection to hedge funds and their managers should be one good reason alone why no-one should take Andrea Leadsom remotely seriously. Many of the private care home chains that collapsed a few years ago were run by hedge funds, as is a private hospital in Bath. These organisations see health and social care as a lucrative investment, and their financial arrangements are so organised in order to make it appear that the firms are operating close to their margins so they can benefit from tax breaks. As a result, the care homes and hospitals they manage are often underfunded and genuinely in a precarious financial situation. Hence the appalling failures of several care homes to provide acceptable standards of care to their elderly or handicapped inmates, and their spectacular collapse.

And unfortunately, at the moment the hedge funds and the parasites in charge of them are all too right in their expectations that a British Tory government won’t tax them. The Tories have shown absolutely no interest in doing so up to now. In fact, quite the opposite. They are trying to do their best to protect London and the rest of the country as a low tax haven for dodgy businessmen and financial speculators right across the world. It’s why one international politician declared Britain to be one of the most corrupt countries in Europe, because of the safety it provides to gangster right across the continent and the globe to launder their ill-gotten gains. The Tories are quite comfortable with this vile situation, and will do everything they can to protect it as far as possible, up to and including Brexit.

Private Eye on More Tax Avoiding Press Barons

March 18, 2016

I found this feature on in Private Eye’s issue for the 17th-30th April 2015 on how Yevgeny Lebedev, the former owner of the Independent, the Barclay twins, who own the Telegraph and Lord Rothermere all use their non-dom tax status to avoid paying British tax.

Non-Dom Press Barons
Street of Sham

So consuming was the Tory press’ rage at Ed Miliband’s plan to make Russian oligarchs and gulf petro-billionaires in London liable for the same taxes as British citizens, its hacks forgot to the declare their interest.

“London backlash over Ed’s non-dom attack,” boomed the front-page of the London Evening Standard, as if a mob had descended on Labour HQ to defend London’s much-loved oligarchs and hedge fund managers. “Attacking non-doms could backfire on us,” continued an editorial inside. Sarah Sands, the Standard’s Uriah Heepish editor, did not risk her career by saying who the “us” included – namely her boss, Standard proprietor Evgeny Lebedev, the Russian who last year dodged the Eye’s repeated questions of his own domicile.

Silence infected the Telegraph too, where not one of the reporters who warned that Labour’s “cataclysmic” decision would drive away “tens of thousands of entrepreneurs and business leaders” mentioned that their owners, the weirdo Barclay twins, reside in Monaco and the Channel Islands to avoid British tax.

Instead they quoted James Hender, head of private wealth at Saffery Champness accountants, who warned that the rich may leave. The Telegraph didn’t tell its reads that Hender boasts of his long experience ensuring that “the most tax efficient strategies are adopted for non-UK, situs assets” for his non-dom clients.

It was the same at the Mail, which failed to declare that its owner, 4th Viscount Rothermere, is treated by the tax authorities as a non-dom. And at Sky, political editor Faisal Islam reported that “Baltic Exchange boss Jeremy Penn slams Labour non-dom plans” without declaring that his owner, Rupert Murdoch, does not pay UK tax and that Penn acts for super-rich shipping owners.

Jolyon Maugham QC, who has advised Labour and the Tories on tax reform, tells the Eye that any reader sill enough to believe the Tory press and tax avoidance industry should look at what they said in 2008, when Labour introduced the first levies on non-doms.

Back then the Mail then said the central London property market would crash as non-doms sold up and moved to Switzerland. In fact, between Labour introducing the levy and 2014, prime central London property prices rose 41 per cent. At the end of 2014, Knightsbridge estate agent W.A. Ellis said 54 per cent of sales were to overseas buyers.

The Mail was equally certain the City would suffer. On 8 February 2008 it cried that the levy “risks the City’s future”. The British Banking Association warned of “a devastating blow”. The Telegraph of 12 February 2008 said that “the country’s wealthiest individuals are being bombarded with leaflets and letters explaining how easy it would be to relocate to Switzerland, Monaco and a host of other countries”. Not to be outdone, Mike Warburton, senior tax partner at accountants Grant Thornton, said the levy was the “final straw”. If a word of this had been true, there would be no non-doms left for Miliband to tax. As it is, there are 115,000 because, as Maugham says, London remains “a very nice place to live, if you’re wealthy. And that won’t change.” Or as the Financial Times put it: “The many advantages of London as a financial centre do not dissolve simply because of a change in a hitherto generous tax treatment of resident non domiciles.”

The pink ‘un has only recently realised the iniquity of the non-dom rule, with an editorial last month calling for its abolition. Editor Lionel Barber modestly claims some credit for Miliband’s stance. But as editor for almost a decade, why was he so late to the party? Surely not because, until 2013, FT owner Pearson was run by US-born Dame Marjorie Scardino, who would certainly have qualified for non-dom status and whose London flat, the Eye revealed, was owned via an offshore company?

So there you are. Fleet Street’s extremely rich proprietors, with the exception of the Financial Times, take the view that, in the words of the ‘Mayflower Madam’, the brothel owner arrested for tax evasion in New York now over a decade ago, paying tax is only for the ‘little people’. And they have no qualms about getting rich, while shifting the tax burden on to the poor and demanding low wages and zero-hours contracts. All the while proudly declaiming their patriotism, like the Sun, owned by Rupert Murdoch, resident in America. So much for real patriotism.

Victor Hugo on Rich and Poor

January 23, 2016

This is another meme I found over on the Tumblr site, 1000 Natural Shocks. It’s by the great French novelist, Victor Hugo. I think it was Hugo, who wrote the book on which the musical Les Miserables is based. He was a passionate liberal, and I believe at one point he fell out with the government so much that he was exiled to the Channel Islands, away from his native France, for his views.

Victor Hugo Meme

If you want to see the original, it’s at http://greybeard55.tumblr.com/image/137848691275. Please note – it’s an over 18 site.

Lobster on the Cover-Up of High-Ranking Paedophile Abuse

October 17, 2015

PARLIAMENTARY RAPE CLUB

I’ve just put up the piece from Guy Debord’s Cat arguing that there’s now a concerted campaign by the Beeb and the Tory media to suppress reporting of the true extent of the sexual abuse of children by senior, establishment figures, including Tory MPs. As I point out in my comments to it, the good Mr Cat is not alone in his suspicions either. A lot of people are smelling rats.

One of them is the conspiracy/ parapolitics magazine Lobster. In its issue 70, it carries this piece by Tim Wilkinson, presenting a considerable amount of evidence to support the suspicions of a cover-up. The articles called ‘Paedo Files: A Look at the UK Establishment Child Abuse Network’. It’s at http://www.lobster-magazine.co.uk/free/lobster70/lob70-child-abuse-network.pdf.

Part of the evidence presented is that one of Thatcher’s aids, Peter Morrison, according to Edwina Currie, was a pederast with a preference for young boys. Yet he was not prosecuted. The article quotes Norman Tebbit as saying that when accusations of paedophilia threatened to upset the system, then the authorities moved to make sure that the system was protected, as it was considered more important. This looks to many people to be exactly what is happening now.

The article also discusses David Cameron’s comment that the demands for a full investigation of the allegations were an anti-gay witch-hunt. Like the article’s author, I was annoyed at this comment, as nobody had made any mention of any kind of link between establishment paedophiles and the homosexuality. The only accusation which came anywhere near to that was the accusation made on local or internet broadcasting by a member of an extreme right-wing organisation that Jimmy Savile was procuring young boys, who were abused and murdered by Ted Heath in his yacht near the Channel Islands. There’s been speculation about Heath’s sexuality for years as a life-long bachelor. No-one, except this particular individual, has accused him of paedophilia, and the accusation this individual made was so lurid and grotesque it can reasonably be discounted.

And if we are talking about a witch-hunt against establishment gays, or those merely suspected of homosexuality or homosexual inclinations, then why has no one accused Roy Jenkins? Jenkins is a bête noir of the Tories for introducing the socially liberal legislation of the 1960s providing for easier divorce and legalising homosexuality. Recent biographies of the man published after his death discuss the rumours that he was supposed to be gay, and his relationship with another Labour MP, who is supposed to have been gay, and who shared Jenkins’ socially liberal views. The books conclude that Jenkins probably wasn’t, which is the same conclusion the biographies of Ted Heath came to. In Heath’s case, his biographers also claimed that even if Heath was, he probably never acted on it.

Many members of the public, particularly the older generation, are suspicious of gays because of possible paedophilia, but the only sectors of the media that regularly voice the accusation is the Daily Mail. And the only section of the political establishment which appears to do so is the Tories’ backbench. Perhaps Cameron’s talking about them, rather than the general public.

I don’t think so, however. It seems much more likely to me that Cameron was deliberately trying a piece of misdirection. He was hoping that if he linked the accusations of child abuse to the prejudice against gays, he’d make the subject taboo and shame the accusers into dropping their accusations.

What has emerged from the cases of sexual abuse brought against senior Tory aids so far is that there is a massive culture of sexual harassment at Westminster. Remember the Tory aid, who was accused of raping another man? He was acquitted of rape, but nevertheless he admitted to groping his assistant. In mitigation, he said that he stopped if they didn’t like it. The point remains that he was still guilty of sexual assault, of the type in the workplace women have repeatedly protested about and feminist organisations denounced. The satirical TV news panel show, Have I Got News For You when covering this case reported that such groping and unsolicited sexual contact of staff was common, and that men were more likely to suffer it than women. This is, in itself, an issue. The gender of the person assaulted shouldn’t make any difference: sexual assault is sexual assault. The case appears to show that, questions of rape aside, there is an attitude amongst MPs that they can sexually abuse their employees with an impunity that would be scandalous and the subject of serious investigation elsewhere.

These accusations only involved adult staff. But there’s clearly a problem with it, as the sense of entitlement that leads an MP to believe he has every right to grope a lowly researcher would clearly allow someone with a taste for children to act on it without any qualms of conscience or fear of punishment. Tebbit also mentioned that if they caught an MP in a compromising position, the party whips were in fact delighted, as that meant they had material they could use to force him to support the party line. It’s very much a form of political blackmail. The political establishment therefore has much to lose from a serious, widespread investigation of child abuse by the figures at the heart of the establishment. Just as the banks were ‘too big too fail’ after their corrupt antics brought about the global recession, so it looks to me that sexual exploitation and abuse by the establishment is so widespread, that the authorities dare not report it for fear of undermining confidence in the system and the entire ruling class.

Private Eye on the Non-Dom Press Barons of Fleet Street

April 22, 2015

Ed Miliband’s announcement a few weeks ago that he would end non-dom tax status was greeted with howls of derision from the right-wing Tory press. The Evening Standard, Torygraph and the Heil all claimed that if the various millionaires resident in Britain, who weren’t paying their taxes here, were forced to do so, then they would all leave en masse.

As Private Eye pointed out in last week’s issue, these paper’s stance has hardly been disinterested. Their owners are all non-doms. Evgeny Lebedev, the Russian oligarch, who owns the Evening Standard, last year dodged the Eye’s questions on where he pays his tax. The weirdo Barclay brothers, the owners of the Torygraph, are tax exiles in Monaco and the Channel Islands. And the Mail’s Viscount Rothermere is another one. He inherited his non-dom tax status from his father, despite not living abroad and building something that can only be described as a stately home in the south of England.

Sky also decided to join in the criticism, while obviously not mentioning that its owner, Rupert Murdoch, also doesn’t pay tax in Britain. Neither in fact, does Dirty Rupe’s papers, the Sun and the Times, which the Eye revealed a few years ago to be registered abroad for the purposes of corporation tax. So much for the true-blue British patriotism of these papers.

The Eye refuted all this criticism by printing the views of Jolyon Maugham, a QC who has advised both Labour and the Tories on tax policies. Maugham pointed to the similar criticisms levelled at Labour by the papers when the party first started levying taxes on non-doms in 2008. Then the Mail predicted a massive stock market crash, and it, the Telegraph and the British Banking Association all warned that Britain’s millionaires were considering leaving the country. In fact, the opposite was true. By the end of 2014, according to the Eye, about 54 per cent of property sales in Kensington were to foreign purchasers. At the moment, there are 115,000 non-doms in London, because the capital is still an extremely attractive place for millionaires.

The article also points out that the Financial Times also supports the ending of non-dom tax status. They suggest, however, the paper didn’t come out and make its opposition to the tax status earlier because until 2013, it was partly owned by Dame Marjorie Scardino, who would have been entitled to non-dom tax status on her London flat.

Readers of Johnny Void’s blog will know about the problems created in London by the presence of the global super-rich, and the way they are pushing ordinary working and lower-middle class Londoners out of the city. In a post I reblogged here a few days ago, Mr Void described the appalling destruction of London’s working class and counter- or alternative cultural heritage. Like the historic Black Cap gay bar, Soho, Tin Pan alley, parts of Camden market, and the relocation of St Martin’s school of art. It does seem that the capital’s real, living heritage that has grown up over decades and centuries, is being gutted in order to leave the capital another sterile, homogenous global environment for the planet’s super rich.

This has to be resisted – not just in London, but all over England and the UK. It’s part of a general process throughout Britain where gentrification and the desire to please and attract the wealthy from across the world is destroying working class communities, and the places they live, work, shop and relax across the UK.

The problem isn’t that if Ed ends the non-dom tax bracket, there’ll be an exodus of oligarchs and multi-millionaires, as the Week put on its cover last Friday. The problem is the opposite – that if the power and cupidity of the super-rich isn’t curtailed, they’ll price the poor out of their homes altogether. It’s most acute in London, but if it isn’t stopped, it’ll come to somewhere near you very quickly.