Labour Blog

18/02/2010

Train shame

Tory toff Winterton accuses standard-class passengers of being "a totally different type of people. There's lots of children, there's noise, there's activity. I like to have peace and quiet when I'm travelling." Of course a Conservative spokesperson trumps up and says these views "do not in any way represent the views of David Cameron or that of the Conservative party and should be treated as such." Well yes, until you realise that Cameron has very nice views courtesy of private jets chauffering him around the country. But heaven help us if we do find one of these oiks attempting to travel by train, more than likely they will start a fight.punchingoldschool-main_Full.jpg

06/02/2010

Bring them down

No immunity, no Parliamentary privilege, “Corruption, a serious and insidious offence, can only be dealt with effectively by using the police and the courts,” so said a Parliamentary committee in 1999.

Elliot Morley, a former minister, David Chaytor, the MP for Bury North, Jim Devine, the MP for Livingston, and Lord Hanningfield, Who do these people think they are? Gnuppets, all of them.

Gnuppet

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02/02/2010

Blair misleading

Misleading is how Claire Short describes the process in the run up to the Iraq war in her evidence to the Chilcot Inquiry. Deceitful is another word and I am sure we can think of many more to describe Blair's years in office.

Bring him to court, support this site www.arrestblair.org to arrest Bliar for war crimes.

01/02/2010

Capitalist food excess

Only in America, comes a storey of triple by-pass burger joints battling over the right to clog the arteries of suspecting clients.

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Labour thinks we should eat healthy food.

05/01/2010

Inventory bounce

The Times is reporting that economists are optimistic as "manufacturing was at its most buoyant for two years". However, there is a note of caution later in the article as manufacturers ponder whether growth will continue. And this is a theme in an article by Paul Krugman in the New York Times, "When the economy slumps, companies typically find themselves with large stocks of unsold goods. To work off their excess inventories, they slash production; once the excess has been disposed of, they raise production again, which shows up as a burst of growth in G.D.P. Unfortunately, growth caused by an inventory bounce is a one-shot affair unless underlying sources of demand, such as consumer spending and long-term investment, pick up."

We are not out of the recession and won't be for a while.

02/01/2010

Wish List

"I guess what I'd really like to see is an end to global capitalism and to the corporate power that governs all our lives" so says Cath Elliot in her comment piece in the Guardian, and so say all of us.

15/09/2009

Double Dip

A top read in the Daily Telegraph of 14th of September is a report about the M3 money supply in the United States. What? However, the M3 money supply is a significant indicator of future economic conditions. Apparently the news is that bank loans are falling at a 5% annual rate, and this is bad new as there are fears of a double dip recession. According to an academic "There has been nothing like this in the USA since the 1930s".

As always, the Labour Party says, nationalise the banks.