The News In Shorts

How the news would look if everyone stopped waffling and told the truth.
Showing posts with label George Osbourne. Show all posts
Showing posts with label George Osbourne. Show all posts

Saturday, 9 June 2012

Evil Tory Ian Duncan Smith Still Pursuing The Disabled.

Ian Duncan Smith, the Darth Vader of the Tory party, is continuing his campaign against the disabled in the courts. His grubby attempt to discriminate against them in the amount they can claim in housing benefit was rightfully thrown out by the courts but he has now ordered the DWP to mount an appeal. His nasty little scheme involves reducing the money given to families with disabled children if they have a bedroom for a carer or if a disabled child cannot share a bedroom with a sibling. Duncan Smith, who once lied outrageously on his online CV in order to make himself seem better educated and more important than he actually is (the CV was paid for on expenses!), remains unrepentent insisting that his savage attack on disabled people is legitimate on the basis that he doesn't like paying tax. Meanwhile figures show conclusively that the rich have been dodging property taxes by the simple expedient of registering them as corporate assets. This scam is particularly prevalent in London and remains completely untouched by George Osbourne's budget measure in terms of stamp duty which was described at the time as a mere "token." As is usual in these matters the government has "come down on hard" on a loophole that has little effect while it completely ignores an abuse that costs ordinary taxpayers billions every year.

Thursday, 7 June 2012

Bank Of England To Choose Between Equally Useless Measures.

The Bank of England is contemplating which utterly useless thing it will do next. The choice lies between pumping more money into the banks as "qunatative easing" where it will never see the light day again in the wider economy, or punishing savers by reducing the base rate from 0.5% to some equally irrelevant level. We asked a Bank spokesperson for a comment; "You are quite wrong in claiming that we only have a choice between two things - we also have the alternative of doing absolutely nothing at all. The fact that all three choices amount to the same thing is neither here nor there. Since we haven't got a clue what we're doing anyway we are seriously thinking about choosing by chanting "eeny, meeny, miney, mo" or, more excitingly, by playing a knockout game of "paper, scissors, rock." We are confident that, whatever choice we make or don't make, we will retain our jobs which is the main thing. In the meantime austerity remains the only viable alternative and our future projections suggest that we will have saved the British economy when we're reduced the entire population to bartering for basic foodstuffs." Our reporter next turned to George Osbourne for his view; "Personally I think they should stick to the tried and tested method of putting all three alternatives in a bag and then choosing one at random. That's what I did when I wrote the budget. Except for tax cuts for the rich, that was my idea. In fact it was and remains my only idea."

Sunday, 3 June 2012

The Stupid Still In Charge.

I have just been watching a Tory on the BBC show "The Big Questions" who stated in all seriousness that rich people getting richer does not make poor people poorer. He, like so many of the greedy and stupid people who have been running the world economy, refuse to understand that the "cake" is finite. Meanwhile "Which" magazine has felt that it is important to warn George Osborne not to back off on bank reform is the face of their ongoing scaremongering and propaganda. Why would they feel that they have to do that? The answer is supplied by the "MailOnline" which points out that Osbourne is the laziest and least well-informed Chancellor in living memory. He apparently doesn't like to talk about economics because he doesn't know much about it and feels that his underlings should do the actual work because he doesn't understand what work is. The recent budget is a case in point. Having cobbled together a partisan, deeply unfair and deeply flawed budget he has now spent the last few days and weeks reversing much of it as it became clear that many of his "policies" just couldn't be done. That is the problem when knee-jerk reaction is elevated to the level of policy. This government is illustrative of all that has been wrong with the world financial system over the last 30 years. The willfully blind have driven us over a cliff for their own selfish purposes and now want the willfully stupid to somehow rescue them from their own idiocy.

Friday, 1 June 2012

U-Turn, Diversion Or Grubby Climb Down?

While Jeremy Hunt was doing his best to appear innocent at the Leveson Enquiry, George Osbourne suddenly announced that he was reversing his policy on capping donations to charity. It was immediately seized on by the press as an example of an obvious diversionary tactic to take the heat out of Hunt's appearance. Meanwhile David Cameron has reiterated his position that Hunt's behaviour will not be investigated by Sir Alex Allen, his adviser on the ministerial code. But, of course, all of this was quickly noticed by the press who have put two and two together and made twenty-two. What slipped most of them by was another story that caused fewer ripples in this rather stagnant pond. This was the story that John Moulton the venture capitalist and a major "donator" to the Tory party was going to cut the purse strings in retaliation over the charity cap. Now why, you might ask, would he do that? After all he couldn't possibly be engaged in some sort of charity scam that enabled him to dodge tax liabilities could he? No, he says, its because it will hurt charities. The major charities, however, have pointed out that they rarely receive donations that even begin to approach the cap and that most of their money comes from small donations given by ordinary people. Strangely enough Mr.Moulton is also calling for even greater austerity and doesn't seem to mind too much about the damage that would inflict on ordinary people or the liklihood that would damage donations to charities to an even greater degree. As for George Osbourne's decision to reverse the cap, that couldn't possibly have anything to do with £300,000 that Mr.Moulton has donated to the Tories since 2004 - could it?