(Thanx Mark!)
Thursday, 1 December 2011
MattBors Matt Bors
MoveOn.org is hosting a Third Eye Blind video shoot at Zuccotti Park. Are they trying to drive everyone out?!
MoveOn.org is hosting a Third Eye Blind video shoot at Zuccotti Park. Are they trying to drive everyone out?!
A Look at Neo-Nazi Germany from the Inside
'I Was an Asshole'
Wednesday, 30 November 2011
George Osborne's every blow falls on those with less not more
Class war, generation war, war against women, war between the regions: George Osborne's autumn statement blatantly declares itself for the few against the many. Gloves are off and gauntlets down, and the nasty party bares its teeth. Here is the re-toxified Tory party, the final curtain on David Cameron's electoral charade. No more crocodile tears for the poor, no more cant about social mobility or "the most family-friendly government" or "we're all in this together". Forget "vote blue go green", with this mockery of husky-hugging. Let the planet fry.
Exposed was the extent of pain for no gain, exactly as Keynesian economists predicted, a textbook case. Things are "proving harder than anyone envisaged", says Cameron. But precisely this was envisaged by Nobel-winning economists. Extreme austerity is causing £100bn extra borrowing, not less, while everything else shrinks – most incomes (the poorest most of all), employment, order books and exports. Pre-Christmas shopping – already discounted – heralds more imminent company collapses, and the only high street growth is in pawnbrokers, charity shops and Poundlands filling up the black gaps. For all the flurry of small announcements to kickstart business, infrastructure doesn't create jobs fast enough to replace the 710,000 more public jobs to go. The iron envelope of public spending is unchanged. Osborne learns nothing from experience.
What was missing from his list? Not one penny more was taken from the top 10% of earners. Every hit fell upon those with less not more. Fat plums ripe for the plucking stayed on the tree as the poorest bore 16% of the brunt of new cuts and the richest only 3%, according to the Resolution Foundation. Over £7bn could be harvested with 40% tax relief on higher pensions, while most earners only get 20% tax relief; £2bn should be nipped from taxing bankers' bonuses, but the bank levy announced was nothing extra. There was no mansion tax on high-value properties, though owners don't even pay their fair share of council tax, and property is greatly undertaxed compared with other countries...
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Polly Toynbee @'The Guardian'
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