Government of the one per cent,
UK proposal for £2.5m ‘premium’ visas for wealthy foreigners
Income inequality, social cohesion and ...
Social dominance theory
The way we live now
Time to Fess Up, Dave
David Mellor exposes the essence of Cameronism, and not only in regard to the 'reform' of EU.Has this whole thing really just been a cynical PR ploy? Nothing more than a delaying tactic, to get him through a general election as a supposed Euro sceptic, so that he can then, all being well, pop up afterwards, and ask for a few superficial, meaningless concessions, before he finally recommends a yes vote in the referendum ...
Essentially, Cameron is unable to tell people the unvarnished - and in the short term unpopular - reality of Britain's current position, probably because he doesn't realise it himself.
Even when he was paddling around on the edge of the floods, the body language spoke of a guy vastly out-of-touch with the reality of what people were suffering.
The mystery is how a once hard-headed party has put up with his innane babble for so long.
Not that he is alone on the British political scene - quite the opposite - we have a jovial buffoon leading UKIP, and a follower rather than a leader in charge of the Labour Party.
I won't waste time on Clegg. He will probably end up - like Neil Kinnock - in Brussels.
Contrast these four pigmies with Chancellor Angela Merkel.
Huff Post 28 Feb 2014 David Cameron POD
Cameron: 'no exceptions' in US-EU free trade talks
Home ownership: first-time buyers are the losers
Margaret Thatcher's Ponzi EconomyBy 2012-13, just under 4m households (9.3 million people) were renting from private landlords, more than double the 1.7m in 1988.
As the FT points out, a quarter of the 4m renting households are on housing benefit; rents are rising faster than wages; and BTL is a better pension pot than any annuity.
The Guardian points out that private landlords will increasingly refuse to rent to people on housing benefit, especially when Universal Credit rolls out.
Meanwhile there are approx 750,000 empty houses in varying states of disrepair.
The failure of Maggie's 'property owning democracy' is complete, wrecked both by her destruction of social housing, her deindustrialisation of the North and Midlands, and the take-over of the economy by banking-finance, a fact confirmed - in detail - by Prem Sikka's assessment of the failures within Osborne's Banking Reform Act.
Around a third of the ex-council homes sold in the 1980s are now owned by private landlords charging higher rents, in part paid by taxpayers through housing benefit.
Property wealth, rather than "cascading down the generations", as John Major promised, is congealing upwards ...
Gdn 26 Feb 2014
Banking-Finance Economy M.Thatcher
Osborne's Recovery PonziHousing
London's buy-to-let rents double that of rest of UK
Home ownership in England falls to lowest level in 25 years
Private rental surge hits benefits bill
Home buyers left behind in Britain’s two-speed housing market
More landlords turn away housing benefit claimants
Three myths that sustain the economic crisis
No to rent controls, says Shapps
After cheap political point scoring comes an expensive reality
Big Bang's shockwaves left us with today's big bust
'Horrendous' housing trends slam door on first-time buyers
UK proposal for £2.5m ‘premium’ visas for wealthy foreigners
It's 'trickle down' in action: if you're loaded, come to Monaco-on-Thames where - according to the FT - "foreign buyers of a £15m London home, for example, (are) likely to spend between £4m and £5m a year on goods and services".
And if you are unemployed, there's a new opening - think 'Upstairs Downstairs' - for 'household staff'.
(And as the new aristocracy wouldn't want the serfs - sorry, staff - living on the same floor, many mansions are excavating the necessary space in what will be transformed into 'Downstairs'. FT)
The new plutocracy - mainly from China, Russia, and the Middle East - are 'expected' to boost the economy by spending about £4bn a year.
And the cost?
It's £2m for the visa, and a £500k donation to 'good causes'.
Who gets to decide what's a good cause?
The FT suggests the money will go to "schools, hospitals and charities'.
You can be sure Dave, Osborne and Gove can think of a number of, er, 'worthy causes' in the South East.
It won't pay off anyone's bedroom tax, that's for sure.
FT 25 Feb 2014
Inequality 'Recovery' TrickleDown
London’s super rich give big boost to UK economy
Basement excavations boom as London house prices soar
In parallel with questions regarding the sustainability of Osborne's recovery, Jeremy Warner reminds us that the elephant in the
room is education which, as the Making Education Work report points out, lacks any consistent
long-term goals due to the fact that education ministers come and go, initiating 'multiple initiatives' which have all failed - except Michael
Gove's of course (LOL) - to offer the skills necessary to prevent the reliance on inward migration to fill the gaps.
There is, however, a second elephant in the room: a libertarian culture - generated by the likes of Rupert Murdoch - under the terms of which it gets harder for schools to oppose an 'I want it all, I want it now' hedonism.
The culture shift necessary may be beyond politicians' abilities to comprehend, let alone contest, nevertheless the effort will one day have to be made.
Why George Osborne won't be cheering too loudly about the latest GDP figuresVince Cable and his supporters are well aware there are key components of the recovery that are still Awol.
Business investment kept falling last year when it was supposed to take over from consumer spending as one of the main drivers of growth.
Export growth has stuttered to a halt, leaving us with a persistent balance of payments problem before the country really starts to spend and suck in huge amounts of imports ...
Gdn 28 Jan 2014
Britain's economic recovery: unbalanced and unsustainable... the only route to sustainable, balanced growth is via gains in productivity and incomes, and regrettably, we are not yet there.
The economy has been juiced to give Coalition parties a boost ahead of the election, but with the deficit not yet tackled, glaring gaps in industrial competitiveness, severe supply side constraints, and a runaway housing market, we are still a million miles away from economic salvation.
Tel 28 Jan 2014
Longest fall in living standards for 50 years
Skills shortage 'will hit recovery'
Two different levels of economic mismanagement
UK economy growing at fastest rate since 2007
A broken schools system ...
Education 'fails to deliver skills for global success'
Secret Teacher: help, I'm drowning in admin
UK literacy and numeracy standards slip down international tables
London free school headteacher with no teaching qualifications quits
UK Skills Shortage Could Put Economic Recovery in Jeopardy
Science and maths teacher shortage may loom for England
'Extravagant' academy school bosses blow thousands on luxury ...
100 academics savage (Gove's) 'conveyor-belt curriculum' for schools
The Importance of Knowing How