Posts Tagged ‘Dominic Raab’

Private Eye on BoJob’s Connections to Libor Fiddlers

September 28, 2019

Zelo Street today put up a piece revealing that the other partner in Z Technology, the firm run by Jennifer Arcuri, the woman Boris awarded various favours while mayor of London, was Tom Hayes. Hayes had been fired from Citigroup, and was then arrested by the rozzers for fiddling the Libor rate. Zelo Street concluded

‘Tom Hayes was sentenced to 14 years in jail, which was reduced to 11 years on appeal. He and Ms Arcuri were directors of the same firm at the time she enjoyed regular contact with London’s then Mayor, who is now the Prime Minister.

This may be nothing more than a coincidence. But then again, it may not.’

See: https://zelo-street.blogspot.com/2019/09/bozo-linked-to-libor-fiddler.html

Hayes isn’t the Libor fiddler with connection to our arrogant, clownish Prime Minister. Private Eye in their edition for 12th-25th July 2019 carried an article revealing that two of BoJob’s donors were also responsible for Libor fiddling. The article, ‘Dough Nuts’ on page 5 ran

The latest register of MPs’ interests reveals Boris Johnson’s earnings from speaking engagements in the past six months alone came to £356,267.36. It also identifies the moneybags sponsoring his leadership bid.

One such is Alex Wilmot-Sitwell, who was co-chief executive of UBS’s investment banking division during the era of the Libor scandal. Here is what Andrew Tyrie MP, chairman of the parliamentary commission on banking standards, said in January 2013 of Wilmot-Sitwell and three of his UBS colleagues: “Since they’ve just acknowledged in front of us that they were ignorant and grossly incompetent… it strikes one they shouldn’t be on an approved persons list.” A month later, the bank was fined £940m by US and UK regulators for Libor rigging. 

Another of the new donors to the Johnson cause is IPGL Ltd, which gave £20,000 on 28 May. The majority shareholder in IPGL is former Tory party treasurer Michael Spencer, whose firm Icap (run by Spencer and owned by IPGL) was also fined for its role in Libor-rigging. Three years later, the Cabinet Office’s head of ethics blocked David Cameron’s recommendation that Spencer receive a peerage.

Johnson isn’t the only leadership candidate to benefit from Spencer’s largesse. In April he offered a member of staff at a cost of £28,980 to work for Dominic Raab. On 28 May he handed £20,000 to Michael Gove. A week later Jeremy Hunt got the same amount. One thing’s for sure: Spencer has backed the winner.

Which is just another little piece of information showing how corrupt BoJob’s business connections and sponsors are.

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‘I’ Newspaper: Some Wages Lower than in 2008

December 14, 2018

Today’s I, for 14th December 2018, has a little piece on page 2 reporting that in some areas of the UK wages are a third lower than they were a decade ago. The article reads

Wages are still a third lower in some parts of the UK than they were a decade ago, according to the Trades Union Congress. Its research suggests that the average worker has lost 11,800 pounds in real earnings since 2008. The biggest declines were in parts of London, Surrey, North Yorkshire and North Wales.

I’m not remotely surprised. Yesterday, Mike put up a piece on his blog laughing at Dominic Raab, who had scored a massive own goal by showing how wages had fallen and still not risen to their previous level under the Tories. It was one of the best pieces of political advertising that Corbyn and Labour could have wished for. But it also raises the question of how Raab could be so stupid that he thought such statistics were something to boast about.

Raab did, because he, and by implication, much of the Tory party, are so out of touch that they know no better. Raab and the others in his wretched party are very middle and upper middle class types, usually from senior management in industry, and particularly the financial sector. All the people they meet come from that same, very narrow social group. And that group welcomes low wages because it means higher profits for them. Plus the fact that the Tories have always promoted their low wage policy since the days of Thatcher by saying that wage restraint is necessary to combat inflation.

They don’t know, and aren’t really interested in knowing people from the less elevated sections of society, who are hit hard by this policy and find it difficult to cope. And so Raab and his fellow profiteers assume that low wages are such a self-evident good, that no-one will ever object if he puts up a graph showing how they’re still low. Because no-one they know, or consider worth knowing, has ever told them otherwise.

I can remember how there was a scandal about low wages back in the early 1990s under John Major. Incomes for some had risen, but those of the poorest sections of society had fallen. The Tories’ response, as satirised in Private Eye, was that someone had to be left behind. I’ve no doubt this attitude still persists. We’ve seen Tory politicos respond more recently to complaints of increasing poverty by arguing that this has nevertheless created Britain’s strong economy (sic). Well, it’s a strong economy that benefits only the super-rich one per cent.

Raab and his cronies are a disgusting, out of touch, predatory and complacent elite. Get them out!

Corbyn Attacks Tories For Using Food Banks as Photo Opportunity

December 6, 2018

Here’s another great little video from RT where Corbyn once again savages May and the Tory party for causing nothing but despair and poverty for millions of working Brits. In this one, of just over a half a minute, Corbyn takes them to task for cynically using food banks as photo ops. He says

The Trussel Trust has also pointed out foodbanks face record demand this December. I just gently say to her and the MPs behind her foodbanks are not just an opportunity for Conservative MPs, who themselves, all of whom supported the cuts in benefit that have led to the poverty in this country.

Corbyn’s again absolutely right. It’s disgusting, hypocritical and disgraceful that the Tories are exploiting foodbanks in this manner.

Mike put up an article about this earlier this week, showing Dominic Raab, Claire Perry, Ross Thomson and Stephen Crabb posing at foodbanks and alongside Tesco workers, who were supposed to be contributing some of the produce at their stores to the banks. He also included the comments of the peeps on Twitter, including comedian David Schneider, neurologist Prof. Ray Tallis, Claire Hepworth OBE, Charlotte Hughes, the author of the Poor Side of Life blog, teenage corbynista Hasan Patel and many, many others, all of whom tore into the Tories. James Colwell tweeted about Perry’s voting record, reminding the world that she

consistently voted against raising benefits, almost always voted for reducing housing benefit, & generally voted against spending to create jobs for young people. She is one of the reasons foodbanks are needed.

These are the people, who have left over a quarter of a million people needing to use foodbanks to stop themselves starving to death through their insistence on low wages and benefit cuts and sanctions, the work capability tests and the introduction of alterations to the way benefits are paid, so that people have to wait even longer for them.

All of this is to create a cowed, obedient workforce will put up with any form of exploitation in order to keep their jobs, and give massive tax breaks to the rich.

As for the Tories posing in the foodbanks, Steve Perry pointed out that all the tweets about them were following a script. And the Labour whips immediately smelt a very large, odoriferous rat. The tweets and photos came at the same time as May was applauding a batch of new Tory candidates ready to fight the next election. The Labour whips put two and two together and concluded that they made four: the Tories were preparing for a possible general election if May’s Brexit deal goes sour.

https://voxpoliticalonline.com/2018/12/02/hypocritical-tories-try-gaslighting-us-with-foodbank-photocalls-but-is-something-more-serious-behind-it/

Now today we have the spectacle of the Beeb and the rest of the media castigating Corbyn for concentrating on the poverty the Tories had created at yesterday’s Prime Minister’s Questions, rather than Brexit. He dropped the ball on this one, they chorus. Those repeating this nonsense included Laura Kuenssberg and the Macclesfield Goebbels, Nick Robinson. This provoked the retort from the Labour supporters on Twitter, including Mike, that Corbyn had done very well. If Corbyn had asked May about Brexit, she would have used it as an excuse to get out of debate with him about it later, arguing that she had already discussed the matter. But he didn’t, and she can’t. And the peeps on Twitter applauded Corbyn for concentrating on poverty and bitterly criticized May for laughing about the poverty she had caused in parliament. Mike on his blog quoted Clare Hepworth, who said

Jeremy Corbyn was ABSOLUTELY right to major on the Alston report and the JRM report – there are FIVE days of #Brexit.
It was OBSCENE to witness the PM and the Tories LAUGHING at the mention of poverty, deprivation & low wages !!
The pundits on #PoliticsLive didn’t mention that !

And she was one of very many.

They also ripped into Kuenssberg, Robinson and Co. for being part of a complacent media elite, sealed inside the Westminster bubble, who have no idea what it’s like to be genuinely poor.

They also connected this to the four Tory MPs posing at food banks this weekend. Tory Fibs and Another Angry Voice applauded Corbyn attacking May for the Tories exploiting them to promote themselves. Clive Lewis said of them

.@jeremycorbyn: “Foodbanks are not just for photo opportunities!” #PMQs > 14 million people are in poverty in the UK. That’s one in five people. It’s not just @UKLabour saying it – even the @UN has said that the Tories are in a “state of denial” about poverty in this country

As for May’s response, and in particular her comment about ‘making difficult decisions’, Lisa Nandy and Mike had their answers to this pathetic, timeworn excuse.

Lisa Nandy tweeted

Theresa May says the Tories had to take “difficult decisions” on benefits. They cut taxes for the richest and cut benefits for the poorest. That isn’t “difficult”, it’s immoral #PMQs

And Mike posted these two tweets

.@theresa_may is going over the usual arrogant nonsense about benefits. People are NOT better-off, and the govt is NOT saving money. We heard about her #ContemptOfParliament yesterday – now we are seeing her contempt for the people she is supposed to serve. #PMQs #PoliticsLive

.@theresa_may has no defence against claims by .@jeremycorbyn about mistreatment of the poor. All she can do is attack .@UKLabour because she cannot defend herself. We’ve heard this before and she’s coming across as a silly, braying old Scrooge. #PMQs #PoliticsLive

But if the Tories are secretly preparing for another general election, and the Tory photographs at foodbanks were part of that, as the Labour whips suspected, then Corbyn was absolutely right to remind Britain of the grinding poverty they had created.

Disability campaigner Paula Peters also tweeted asking people to remember the suffering and death done by the Tories and their benefit cuts. She tweeted

While everyone is concentrating on Brexit, spare some thought for disabled ppl losing PIP, social care, ESA, claimants sanctioned, facing eviction, going hungry. Many are dying & having human rights violated. Christmas isn’t happening for many. Rise up! #GTTO

Mike concluded his article with the statement:

It seems Mrs May has scored enough own goals herself to make such an uprising – at the ballot box – a distinct possibility.

Let us hope we all have a chance to demonstrate our opinion of her, and the privations she has inflicted on us, in the very near future.

https://voxpoliticalonline.com/2018/12/06/pmqs-drama-corbyn-outplays-may-and-her-poodle-press-by-highlighting-poverty/

Any such chance won’t come too soon!