Posts Tagged ‘Scriptonite’

Scriptonite: Farage Is A Millionaire Banker

May 14, 2014

NigelFarage

Scriptonite has also joined the fray over UKIP’s attempt to censor the image used to show just how oppressive and exploitative their domestic policies are. Their article ‘UKIP Brings in Police and Lawyers to Censor Bloggers – It’s on Farage, It’s on’ discusses the way they sent two policemen to harass the Green party activist, Michael Abberton, and then similar attempts to intimidate the Angry Yorkshireman over at Another Angry Voice. He pulled the image, and thousands of conversations relating to it on Facebook, after receiving legalistic threats from a UKIP candidate. Mike has already blogged on the article, with a link to it, which I’ve reblogged. Scriptonite goes further and shows how this is part of a wider pattern of political policing following Tory legislation that has gradually eroded our constitutional freedoms. We have lost our rights as free citizens, and almost nobody noticed.

She also presents Farage’s background as an extremely wealthy financier. She writes

The party leader Farage is a millionaire banker, from millionaire banking lineage – his father Guy Oscar Justus Farage was a stockbroker.

Farage didn’t work his way up from the bottom. He was educated at £10,000 a term private school Dulwich College. On leaving college he used daddy’s contacts to become a commodities trader in the City. He is one of those suited, champagne quaffing, morally bankrupt traders that helped bring our economy to its knees. A vote for UKIP, is a vote to install another wealthy heir into Number 10.

This is important. The party poses as an outsider, challenging the established political parties of Labour, Lib Dems and Tories. They claim they are the only real alternative. In fact, Farage is exactly like Cameron, Osborne and the rest of the millionaires making up Cameron and Clegg’s cabinet. And the ideology UKIP espouses, is the same Neoliberalism now infecting the Tories and Lib Dems. There’s precious little difference between them. As Max Headroom used to say, ‘And now … more of the same’.

And in many ways, Farage’s connections to other rich financiers is an extremely grim joke. Tom Pride sometime last year posted up a photo showing Farage hobnobbing with Ron Paul, the godfather of the Tea Party, and one of George Soros’ banking partner. Soros and this particular bloke in 1992 bet against the pound in order to cause a run on it. The resulting crash was called ‘Black Wednesday’, and just about bankrupted this country. There were jokes about yuppies committing suicide – the opening cartoon titles for Have I Got News For You showed a City executive jumping out of the window and falling to his death. And some people took it extremely seriously. I can remember a friend telling me at the time that we shouldn’t worry, as there was still food in the stores for the next fortnight, so we had at least that long before the starvation and rioting started. As Tom Pride said, Farage’s connection to these people is a strange attitude for someone who claims to want to keep the pound.

One of Farage’s policies to is have the City completely deregulated. He claims the banking crisis has been caused by Labour’s regulation of the City. This is a lie. Under Blair and Brown, Labour retreated from regulating the City and financial sector, claiming that things would be better if it policed itself. This it spectacularly failed to do, with the result that the poor have been paying for the bankers’ excesses ever since.

If UKIP got in, they would privatise the NHS, the schools and remove workers’ right to maternity pay, paid annual leave, and set termination dates for dismissal. They are another party of the extremely rich exploiting the working class and working class. The cover of Ford and Goodwin’s book on UKIP, Revolt on the Right, shows him with a pint and a cigarette in his hand, laughing and smiling. Make no mistake: he’s laughing at us.

UKIP Book pic
UKIP is a party of and for the rich sneering at the poor. No wonder Farage is laughing.

The Scriptonite article is at http://www.scriptonitedaily.com/2014/05/13/ukip-brings-in-police-and-lawyers-to-censor-bloggers-its-on-farage-its-on/. Go and read it.

Scriptonite Demolishes Tory Neoliberal Economics

March 18, 2014

Osborne Pic

George Osborne: Robin Hood in reverse – robs the poor to pay the rich.

Today’s the day when Osborne will announce the budget, which I don’t expect to be anything else but the same Neoliberal policies of increased tax cuts to benefit the rich, more privatisation, and even more punitive welfare cuts. Following the way previous Tory governments have carried on, these policies will be announced as being ‘good for business’, ‘making Britain more competitive’, while the cuts to the welfare budget will be defended as necessary to pay of the immense debt the country inherited from the last Labour government. There will also be denials that the poor are being pushed further in poverty. Instead, the usual Tory response to this is to claim that they are merely concentrating help where it is most needed. Sometimes there are statements to the effect that the Tories have given more money to the welfare state in real terms than Labour. It’s all rubbish, and I’ve heard them so many times that I can repeat them myself.

Scriptonite Daily has put up an excellent demolition of Neoliberal, Monetarist economics that is well worth reading as an antidote to the poisonous, smooth verbiage likely to be utter by Osborne to defend his latest attack on the poor, the sick, elderly and disabled in the name of the wealthy. I found it through Mike over at Vox Political, who got it in turn from the Skwakbox. It’s entitled Britain’s 5 Wealthiest Families Richer Than Poorest 12.6 Million? It’s Time for a People’s Budget. It covers and names the very richest individuals, who collectively have more than the poorest section of British society, the way tax cuts for the rich force the tax burden on to the rest of us proles; the use of government subsidies to prop up the banks and financial sector, and the way the public is left paying far over the normal price for PFI hospitals; how government subsidies and privatisation of the utilities have resulted in private industry acquiring the most, and often immensely profitable, parts of these companies, while the tax payer is saddled with the debt, and how the government system of tax credits for the poorly paid actually subsidise poor wages. It finally ends with a list of issues which it would like to see addressed by a ‘People’s Budget’.

The piece is over at http://www.scriptonitedaily.com/2014/03/17/britains-5-wealthiest-families-richer-than-poorest-12-6-million-its-time-for-a-peoples-budget/.

Scriptonite: Inequality of Wealth in UK Same as Nigeria

August 6, 2013

Yesterday Scriptonite published a post reporting UN statistics that the inequality in wealth between the rich and poor is now the same as Nigeria. It is the most extreme in the developed world, with the poorest in Britain living on the same incomes as those in Hungary and Korea. The piece is entitled Wealth Inequality in UK now Equal to Nigeria, UN Report. It begins

The UK has been sliding down the UN Human Development Report since 1991, and by 1996 became the most unequal nation in the developed world . The gap between rich and poor in UK society has risen sharply during the leadership of the Coalition government, yet long before these people got power, the gap between rich and poor in UK society was equal to Nigeria, with the poorest here living on roughly the same as their counterparts in Hungary and Korea.

Inequality, Inequality, Inequality

The 1996 and 2013 reports makes truly depressing reading, but should come as no surprise to those warning of exactly these results from ideological austerity policies.

Scriptonite links it to the implementation of the Tories’ Neo-Liberal policies, and suggests radical alternative systems, which people can join as a way of personally counteract government policy. Concerns about the growing gap between rich and poor in comparison with the Developing World goes back as far as Blair and Thatcher. I can remember a Fabian pamphlet during Thatcher’s administration noting that the inequality of wealth was the same as India. Since that time it’s become more extreme. Adam Curtis, the documentary film-maker, who directed the excellent The Century of the Self, discussed the increasing loss of social mobility in his The Trap: How We Lost Our Dreams of Freedom. He argued there that the growing division between rich and poor, and the lost of social mobility was due to Libertarian ideologies in which human behaviour was modelled on that of machines and applied to wider society in order to control the administration of goods and services after Thatcher’s privatisation. It is very well worth watching.

Scriptonite’s article is at http://scriptonitedaily.wordpress.com/2013/08/05/wealth-inequality-in-uk-now-equal-to-nigeria-un-report/.

Adam Curtis’ The Trap: How We Lost Our Dreams of Freedom is shown here