In These New Times

One has to admire the control systems of  the British elite.  In the USA last week it appears that the threat of martial law was necessary to bring Congress into line. Nothing so crude over here: they already have their spokesman strategically placed right across the political spectrum ready to chime in with their support or to provide “verification” to the key lies such as that this is a partial nationalisation. The left and far-left have done more than their share in their usual treacherous fashion. Here, leftist icon, George Galloway, does his bit. In amongst all the vacuous leftist verbiage, the essential message for the government is positive though perhaps, “too little, too late”. The left continue to make great play of the sophistic notion that government hand-outs to bankers constitute a break from neo-liberalism.

A statement by George Galloway

socialist unity

“In the midst of this financial crisis which threatens us all, at last the government is taking action which may begin to shore up the banking system. I hope that it is not, as many in the City are saying, “too little, too late”. At almost every step the government has delayed: it’s taken some time to for the Prime minister and Chancellor to detach themselves from the outdated dogmas of free market economics. The Tories managed the appearance of doing so quicker, testimony to their cynicism and opportunism. If anyone suspects sincerity in the Tories mock outrage at the City spivs, then look at the party’s hedge-fund backers and its MPs’ directorships.

Read the rest of this entry »