Jan 272012
 
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A few choice phrases from Fraser Nelson’s latest piece over at the Telegraph:

George Osborne should be having similar thoughts. His old routine is now failing. The embarrassing truth is that, for all his talk about how you can’t borrow your way out of a debt crisis, he is now trying to do just that. [...]

And this (the bold is mine):

Treasury officials who have worked for both men are struck not by the differences between them, but the similarities. Brown was nicknamed Macavity for his habit of disappearing at the first sign of trouble; Osborne is known as The Submarine, surfacing only a handful of times a year. Both see economics as a game of political chess, each policy designed to outwit the opposition. [...]

Not a way of making the world a better place, then – more a tool to batter what the rest of us can only define as a proxy enemy.  For the real enemy is what we live from day to day.

Nelson also points out that:

[...] The political narrative thus detaches from the economic reality. And this is why a Government that is widely regarded as radical, and hawkish on the deficit, is making virtually no economic progress, while running up the debt like there’s no tomorrow.

And this:

Even Osborne’s critics cannot deny that, politically, his policy has brought devastating success. He has won the argument on cuts, even though – as the monthly spending figures show – he has hardly made any. [...]

Whilst for Labour the comfort is getting forever colder:

[...] The Chancellor told friends that he expected to be the most hated man in Britain by 2012, but there is surprisingly little hatred. Instead, there is ridicule – and it is largely heaped upon a Labour leader whose skills seem not to extend much beyond solving a Rubik’s Cube in 90 seconds.

Or, indeed, not eating a chocolate orange

As I sift through Nelson’s piece – as always tightly, pointedly and fairly written (you can tell he worked for a tabloid, can’t you?  Nothing better for those with the verbose tendency to write about politics than to have to do so in the context of flashy headlines and tawdry entertainment stories) – I can’t avoid coming to the conclusion that Osborne is actually truly some politician of considerable standing.  More adept, perhaps, at the presentational arts than the PR man that is Cameron himself.

What has Osborne – in reality – achieved then?  Well.  He’s increased the indebtedness of the nation whilst at the same time savaging all manner of social services.  “And this is an achievement?” you wonder.  Well, yes – mightily so.  Because Osborne is a three-dimensional politician who plays the long game.  “And what may that be?” you might ask.  Why, make it financially impossible – absolutely out of the question – for Labour ever to bring back the socialism by stealth we enjoyed for so many years under the New Labour regime.

Osborne, in his apparent ineptness, has shown himself to be not a son of Blair but a son of Brown.  For neither have ever been inept; both are consummate manipulators of the body politic.

This isn’t, after all, a battle between right and left but – rather – between those who would use politics as a tool to do something useful in the outside world – and those who do politics simply to keep the opposition at bay.

The pursuit of power above all is at the heart of Osbornomics.  As Nelson so memorably points out in his piece:

[...] Osbornomics: political stardust but an economic placebo.

With one small caveat: whilst the placebo is designed to strategically convince us he’s doing everything he should, in reality it’s there in order for him to have the time to burn all those bridges back to any kind of British socialism.  That is to say, on his part it’s not unconscious at all.  It’s a deliberate administration of a drug which allows us to die.

And therein my absolute misery this morning.


http://youtu.be/zxg7j6rQDLM


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Dec 062011
 
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My previous post linked to a painful video which is designed to energise us into action.  As the About page of this latter site points out:

Welcome to The Real George Osborne – a 14 episode comedy web series about George Osborne’s personal journey towards tackling global hunger. We hope that you enjoy it, share it with your friends and, crucially, take action.

The Real George Osborne has been created for The World Development Movement by HOOT COMEDY. It stars Rufus Jones as The Real George Osborne and Rebecca Johnson as his advisor, Vicki Reed. It was written and directed by Ben Bond and James Rawlings, and produced by Ben Thompson and Annis Waugh.

It goes on to elaborate:

What is food speculation?

Banks, hedge funds and index funds are betting on food prices in financial markets, causing massive price rises in staple foods such as wheat, maize and soy. In the last year, average food prices increased by 15 per cent, driving more than 44 million people into extreme poverty.

Since widespread deregulation of financial markets in the 1990s, speculators’ share of basic foods like wheat has increased from 12 per cent to 61 per cent. These traders have no connection to the actual food and are only interested in the profit it will make.

And then explains:

What does it have to do with George?

George Osborne, backed by the City of London, is doing all he can to stop EU proposals for regulation of food speculation from being implemented.

But we think he can be persuaded to change his mind. Like all politicians he’s influenced by a need to be popular, not just among his banker friends, but among real people like you.

If enough people email George about food speculation he might listen to us and support regulation. Please take action now.

However, if the words of the World Development Movement weren’t enough, here – from the New Yorker no less – we have the following appreciation of exactly how badly our dear George is getting it wrong in this “Austerity Britain” of manifest stupidities:

During the past eighteen months, a callow and arrogant Chancellor of the Exchequer, empowered by a hands-off Prime Minister and backed by the bulk of the country’s financial and media establishment, has needlessly brought Britain to the brink of another recession by embracing draconian spending cuts that hark back to the early nineteen-thirties. Rather than changing course and taking measures to boost growth, the Conservative-Liberal coalition is doubling down on austerity. On Tuesday, it announced plans to extend its cuts for two more years, until 2016-2017. “Until now, we had been thinking of four years of cuts as unprecedented in modern times,” Paul Johnson, the director of the non-partisan Institute for Fiscal Studies, said. “Six years looks even more extraordinary.”

And so it was with the Soviet five-year plans.

If only our dear Chancellor was able to emulate their early successes.

But I don’t think so.

Do you, George?

I now know exactly what they meant when they said Britain under the Coalition would be a country fit for leisurely white males.

For I now know exactly what it is to be a laboratory rat.


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Dec 052011
 
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… for the truth it tells is about George Osborne, bankers – and all those people like them.

And even as it hurts too much to watch, do take three minutes out to do so.  And whilst you are watching, just remember this: we don’t have to let the bastards grind us all down.


http://youtu.be/paou2ReHwnc


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Nov 292011
 
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Too much coming at me at too many different angles.  First, the Telegraph decides to contextualise Osborne’s intellectual deficit:

[...] debt will reach £1,360 billion.
And that is the equivalent of £54,000 for every one of the 25 million households in the UK. Or £19,428 for every one of the 70-odd million people in Britain today.

Meanwhile, the World Development Movement posts another video in their web comedy series which just shows how sad and sorry Osborne should feel right now – after the bankers’ ball of a party he’s just so freely engaged in.


http://youtu.be/stsBqtCg-xM

But in truth the reality is as Paul paints it this evening:

Be wary.  Local benefit cuts could be hitting your area sometime very soon, whatever Osborne says about “protecting” people.  I suspect he can afford to play the compassionate Conservative today  because he knows the savage cuts are due to come from elsewhere in his party.

So he does indeed know how to keep those important secrets.

Too many deficits, then.  And the biggest one being moral.


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Nov 222011
 
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http://youtu.be/EdCgYEHr-Ik

I wrote some minutes ago about the story of stratospheric executive pay.  I also touched on the subject of food speculation.

Last Thursday, I was in London at World Development Movement’s HQ (their own website here), for a presentation of a new online comedy series – the Real George Osborne – designed to open our eyes to the damage food speculation is causing us all.  My thoughts as to the presentation itself can be found at the end of this post.  In the meantime, I’ve just received an email from WDM which is pertinent to this last point.  I’ll quote from part of it below:

The Real George Osborne has been commissioned by anti-poverty campaigners, the World Development Movement, ahead of a vote on regulation of food speculation by banks in the European Union next year. The campaign group wants Chancellor George Osborne to ‘do the right thing’ and back effective regulation of food speculation, which is driving food prices beyond the reach of the world’s poorest people, and has added nearly £200 onto UK households’ food bills in the past year.

World Development Movement director Deborah Doane explains: “Investment banks are pouring billions of pounds of speculative money into food markets, sending prices spiralling out of control. In developing countries steep price hikes are pushing millions of people into poverty and in the UK, this has added £188 to the average household’s annual food bill in the past year. Chancellor George Osborne has the opportunity to ‘do the right thing’ supporting the vote for regulation. Volatile prices only benefit a few very wealthy bankers, but wreak havoc on everyone else. This is a clear case where the Chancellor should side with the 99 per cent.”

She continued: “We know there’s a danger George might try to side with the banks and block the vote, so we’re asking the UK public to get behind us and keep the pressure up. We hope people will love our light-hearted version of behind-the-scenes in the Chancellor’s office, and support us by calling on George to back the vote.”

This is clearly an innovative campaign – and, just as clearly, deserves to reach as big an audience as possible.  We were shown quite a few of the videos (one of which you can see at the top of this post) – and, whilst they were speaking to the converted, I did get the feeling that in tone these shorts were very similar to the Spitting Image series from the 1980s.  Sharp, corrosive – and yet able in a way to achieve crossover between supporters and detractors of the objectives in the comedic crosshairs.

Yes.  They run the risk, in what I believe is their fourteen-episode entirety, of creating for Osborne a likeable persona where before there was none.  If Boris Johnson thought he had the future leadership of the Tory Party on a plate, this series could do for Osborne what no one might have expected.

Make him someone you might want to have round to supper.

Even a northern supper, at that.

But crossover was surely one of the goals of the makers.  There’s no point in making only those of us who hate him laugh uproariously.  We need to get those who like him to watch enough of it for them to absorb the serious messages behind the series.

And that, I would suggest, might be the enduring achievement of this campaign.

Meanwhile, to finish today, a bit from the above-mentioned Spitting Image.  And if – in its time – you got to appreciate the latter, the Real George Osborne will – also pretty soon – hit home in much the same way.


http://youtu.be/ReIAna459sg


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