Kick This Government Out! March for “A Future That Works” in London on October 20

For everyone sickened and enraged by the lies, distortions, malevolence and idiocy emanating from the Tory-led government, Saturday’s march and rally in central London, “A Future That Works,” is an important opportunity for us to show our anger and our indignation at how our country is being wrecked, and our people punished, for other people’s crimes — the near-fatal crashing of the global economy in 2008, through bankers’ greed on a mind-boggling scale, aided and abetted by the politicians with their mania for deregulation, and the alleged economist experts who almost all failed to notice what was going on.

The resultant bailouts for the banks, and the job losses and the subsequent drop in tax revenues played a key role in triggering the subsequent and ongoing recession  — unless you’re one of David Cameron’s Tories, in which case it created an opportunity to use the crisis as an excuse for remaking the country as a savage dystopia for all but the rich and super-rich, who continue to enjoy their ill-gotten gains as much as they did before the bankers crashed the world four years ago.

We are suffering from a collision of bankrupt ideologies, the first being the false notion that savage austerity cuts will somehow stimulate the economy, when all the evidence from history — and I mean all of it — shows that all austerity creates is an economic death spiral, as the so-called experts of the IMF are finally beginning to realise. Just last week, as Paul Mason explained for the BBC, IMF boss Christine Lagarde “called for a slowdown in the austerity measures being implemented across the world, including in Greece” after Chief Economist Olivier Blanchard “admitted the Fund’s calculations of the impact of austerity had been seriously wrong.” Read the rest of this entry »

The Wealth of Empire: Photos of the City of London in the Rain

Bikini girls in rainy London12-14 New Fetter LaneThe Guildhall and the Roman amphitheatreThe Bank of EnglandAt Moorgate and London WallPigeons in the City
The GherkinThe Gherkin from Leathersellers' HallThe Gherkin: old and newNaked sculptures in the rainThe black tower from The GherkinLloyd's Building - and the Leadenhall Building under construction
Entrance to Lloyd's BuildingDrinking in Leadenhall MarketLeadenhall MarketLeadenhall Market: The Lime Street entranceThe Shard - and 20 Fenchurch Street under constructionThe Shard and City Hall from Tower Bridge
The City viewed from Tower BridgeHMS Belfast viewed from Tower BridgeThe Shard and the Potters Fields building site

The Wealth of Empire: The City of London in the Rain, a set on Flickr.

To describe these photos of the City of London, I used the word “empire” in the title because I believe that, in many fundamental ways, it is apt, although I realise that the British Empire is not, of course, the only source of money and power in the City of London and in its modern offshoot, Canary Wharf. In many ways, the mafia would be a better reference point for what these well-connected crooks have been getting up to as a result of the financial deregulation initiated by Margaret Thatcher (which benefitted David Cameron’s father, who made a fortune through the creation of tax havens) and Ronald Reagan, the subsequent repeal, under Bill Clinton, of the crucial Glass-Steagall Act — which was introduced after the Depression in 1933, separating “domestic” banking from its potentially fatal speculative aspects — and New Labour’s enthusiasm for filthy lucre, and whatever scum happened to have loads of it. The current shower of clowns in Downing Street and the Cabinet are only different from New Labour in the sense that most of them are already rich, millionaires out of touch with the people and thoroughly unconcerned about it.

In particular, the modern money markets are international, and much of the expertise in dodgy financial engineering — of the kind that ought to be illegal, and of the kind that nearly bankrupted the world in the global crash of 2008 — came from Wall Street as much as from the robber barons of the British establishment, although, crucially, it was the long-cherished secrecy of the City that allowed Wall Street bankers to initiate policies in London that were illegal at home. Read the rest of this entry »

Olympics Disaster: The G4S Security Scandal and Corporate Sponsors’ £600 Million Tax Avoidance

As the cracks in the Tory-led coalition government grow more and more obvious, the biggest question may be whether it is incompetence or corruption that will depose the clowns who have been pretending to run the country for the last two years. In terms of the Olympics, which, two months ago, I described as a militarised, corporate, jingoistic disgrace, the incompetence particularly involves security and travel, and in terms of corruption, it involves the tax haven created for the duration of the Games, as reported last week.

On the security front, it was revealed that G4S, the biggest employer listed on the London Stock Exchange, with more than 650,000 staff worldwide, had spectacularly failed to fulfil its £284 million Olympics contract, in which it was supposed to provide 13,700 personnel for the Games. Just two months ago, it was reported that G4S had had 100,000 applications for 10,000 job vacancies, the inference being that all was proceeding smoothly.

That, however, was spectacularly untrue, as became apparent on Thursday, with just two weeks to go before the Games begin, when it was revealed that the government was arranging for 3,500 military personnel to be provided to make up for G4S’s inability to meet its commitment.

As the Guardian noted, “The news was met with disbelief. Diana Johnson, the shadow home office minister, tweeted: ‘This is the same G4S who aspire to win policing services through privatisation. Not reassuring.'” Read the rest of this entry »

Britain’s Tax Avoidance Scandal and David Cameron’s Colossal Hypocrisy

When David Cameron responded to a Times investigation into offshore tax avoidance schemes, which found that around 1,000 individuals — including the comedian Jimmy Carr, and other celebrities, including musicians and sports stars — were paying as little as 1% of their earnings in tax through a legal, but morally unacceptable scheme in Jersey, a notorious tax haven, he decided to take the moral high ground.

Saying that media reports of Carr’s financial arrangements suggested “straightforward tax avoidance,” the Prime Minister added:

I think some of these schemes — and I think particularly of the Jimmy Carr scheme — I have had time to read about and I just think this is completely wrong [sic]. People work hard, they pay their taxes, they save up to go to one of his shows. They buy the tickets. He is taking the money from those tickets and he, as far as I can see, is putting all of that into some very dodgy tax avoiding schemes. That is wrong. There is nothing wrong with people planning their tax affairs to invest in their pension and plan for their retirement — that sort of tax management is fine. But some of these schemes we have seen are quite frankly morally wrong. The government is acting by looking at a general anti-avoidance law but we do need to make progress on this. It is not fair on hardworking people who do the right thing and pay their taxes to see these sorts of scams taking place. Read the rest of this entry »

Back to home page

Andy Worthington

Investigative journalist, author, campaigner, commentator and public speaker. Recognized as an authority on Guantánamo and the “war on terror.” Co-founder, Close Guantánamo, co-director, We Stand With Shaker. Also, singer and songwriter (The Four Fathers) and photographer.
Email Andy Worthington

CD: Love and War

Love and War by The Four Fathers

The Guantánamo Files book cover

The Guantánamo Files

The Battle of the Beanfield book cover

The Battle of the Beanfield

Stonehenge: Celebration & Subversion book cover

Stonehenge: Celebration & Subversion

Outside The Law DVD cover

Outside the Law: Stories from Guantánamo

RSS

Posts & Comments

World Wide Web Consortium

XHTML & CSS

WordPress

Powered by WordPress

Designed by Josh King-Farlow

Please support Andy Worthington, independent journalist:

Archives

In Touch

Follow me on Facebook

Become a fan on Facebook

Subscribe to me on YouTubeSubscribe to me on YouTube

Andy's Flickr photos

Campaigns

Categories

Tag Cloud

Abu Zubaydah Afghans in Guantanamo Al-Qaeda Andy Worthington British prisoners CIA torture prisons Clive Stafford Smith Close Guantanamo David Cameron Donald Trump Guantanamo Hunger strikes London Military Commission NHS NHS privatisation Periodic Review Boards Photos President Obama Reprieve Shaker Aamer Torture UK austerity UK protest US Congress US courts Video We Stand With Shaker WikiLeaks Yemenis in Guantanamo