Ayes To The Left

Saturday, July 14, 2012

Cameron's 'Comedy of Errors' Farcical Government!

Oops We Forgot To Order 10,000 Security Guards
For Olympic Games!

I am heartily sick of all this pussy footing around the Tory led government with the press and media too afraid to publish the truth. Lives are being ruined and our children's futures being decimated. And even more shocking the lives of disabled people are being blighted and its causing some to take their own lives and many more are cowering in fear of what this government will do to them next. Add to that all the government inadequacies and other policy failures which are being deliberately under reported, or just not reported at all, the public have a right to ask why the press are sitting idly by like bunch of silenced schoolboys too afraid of their own shadows and of this incompetent Tory led government to speak out.
It is time someone said it how it actually is.

Gone are the intrepid reporters of yesteryear, with the exception of the Daily Mirror and the Guardian (who sometimes print the truth), it appears what we have that laughably passes for newspaper editors and journalists these days, is a load of frightened schoolboys too scared of their own shadows and of this hideous Tory led government to publish the truth! They are all acting like bewildered rabbits caught in the headlamps not knowing which way to hop until it's too late and because of their dithering they'll all end up squashed and flattened on the roads of Westminster and they, just like the Liberal Democrats before them will become carrion waiting to be picked over and then discarded when of no further use!

I can only imagine the reason for their journalistic reluctance to tell the truth is because most of them backed this shower of blithering idiotic over privileged incompetent Tories for government, and when the electorate (sensibly) failed to deliver the Conservative party a majority they then backed the British Coalition what laughingly now passes for government and are probably now too embarrassed to admit they got it wrong. The only journalists I have seen really prepared to stand up to this government is the Guardian's brilliantly acerbic Polly Toynbee, and oddly enough the Daily Mail's wonderful columnist Sonia Poulton.

Here is something for all the wimpish cowardly male editors and journalists hiding behind their monitors in the metonymical Fleet Street,

"David Cameron, the British Prime Minister and his government, is not up to the job of governing this country!"

There I said it for you! Despite individual reporting of some of the utter barking mad policy failures of this Tory led government, not one single paper has reported what this government are actually doing, which is to divide and rule this country, by creating divisions and disharmony.

The prime minister is an habitual lying narcissist, however, narcissists are usually pretty decent at their jobs at least, but not so Cameron, he is so incompetent he can't even get being a proper narcissist right and we have to be saddled with the only narcissist who is a total failure at his job, all we get are the lies, unpleasantness, the deliberate misleading, arrogance and bullying and his insane erratic behaviour in the House of Commons and not much else!

How many blunders and u-turns of Cameron's farcical Comedy of Errors Government will it take before the press start accurately reporting and the electorate start to wake-up to what is happening in this country? Look at the way Osborne panicked and stopped his planned fuel price increase, not out of any concern for the motorist but he u-turned in an hours notice after learning the Sun newspaper was going after him. No cabinet or government minister knew of his plans to stop the increase which lead to total confusion. To date here are just a few of the main government u-turns and the chaos the Tory led government have caused:

Does this really look like a government that is in control and knows what it is doing?

The latest in a long line of failed initiatives and car crash policies and appalling cock-ups to envelope the country at the hands of this incompetent Conservative led government is to do with the UK's biggest security firm G4S and the safety and security of the Olympic Games for athletes, spectators and Londoners. The debacle over problems with entry to the country at the UK's Border Controls for athletes and visitors to the Games from the Tories, were because of the Tory cuts Border controls who are now being forced to hire rookie officers not trained in immigration or terrorism at all of the UK's major airports, and still there are expected to be huge queues.

We have had 7 years to sort out security guards for the Olympics and after receiving cast iron assurances from David Cameron, Home Secretary, Theresa May and Tory London Mayor Boris Johnson just a few days ago, we now discover that with just two weeks to go, the security for the world's biggest event is NOT properly in place. A whistleblower in the Mirror newspaper has accused G4S of having shockingly sloppy procedures. It really isn't good enough, the Tory led government has fallen down yet again this time the whole world is watching us and this is a major embarrassment!

We were told that 3,500 troops will have to be deployed in London for the games because the blithering idiots in Downing Street and the Home Office were not competent enough to check months ago if not years ago, that we had enough people who would be adequately trained to secure the safety of athletes and spectators for the London Olympic games. However, it has emerged today that the 3.500 troops will not be enough and more are now being told they will have to cancel their leave to safeguard the Games, as well as extra police.

For the Home Office to say they were assured 2 weeks ago that Locog and the *private* company G4S had this under control is just simply not good enough, this should have been in place months and months ago, it should not now be down to G4S fast tracking recruits for security reasons, this is a recipe for chaos, confusion and total disaster. The whole thing has to be the biggest logistical nightmare, so many questions arise, where will recruits get their training, their uniforms etc? Who will they report to if they see something suspicious? This was the Home Secretary's remit and Theresa May should have checked months ago that this was all under control and not only checked she should have demanded to see proof that it was under control, she obviously hasn't, or she would have discovered this months ago when she should have been asking these questions. The question must also be asked (because I cannot see if it already has) is what the hell has London Mayor, Boris Johnson been doing? He is supposed to be in charge of overseeing Olympics? What happened to Johnson's boast on 27th July 2011 about being able to "catch the world napping and hold Games now"? I know this much, if Labour's Ken Livingstone was still in charge, he would have been hot on such a security issue years ago. That's the difference between Ken who absolutely knew what he is doing, and Boris who only thinks he knows what he is doing!

Only last Wednesday (11/07/2012) the Prime Minister, David Cameron was boasting about the Olympics in the House of Commons and how well organised they all were so is the Home secretary saying that Cameron knew this last Wednesday and he still boasted about how well his totally feckless government had done? A whistleblower who was involved in security training at the Olympic Games has said that there is a 50% that weapon will be smuggled into the Games! Did Cameron know this when he made those comments in the House? Is Theresa May actually saying that the prime minister was telling lies and deliberately misleading people (yet again)? We are all entitled to ask; "exactly what the hell kind of people have we running this country"? What are they? Because from where I am, Cameron, Osborne, Johnson, Clegg, May and the entire Tory led coalition government cabinet look like a bunch of imbecilic posh chancers who got lucky and somehow got into government and who are totally and utterly incapable of holding high office, in fact, they are incapable of holding the post of office juniors.

So what did Home Secretary May do to check Olympic security exactly? Just phone up and ask? Did she not think to ask what kind of numbers had *already* gone through training and what kind of training had they had and actually ask to see demonstrations and be taken through the training procedures to assess if they were using the security equipment correctly and demand to know what was in place and where to carry out security checks etc? Why didn't she ask to see what G4S were doing regarding recruitment with just a year to go, as the numbers needed were so high? Because of the vast numbers required they should have already started their procedures, yet TODAY we learn from G4S that the government only finalised how many *extra*security staff would be needed in December 2011 and only then signed the contract with G4S, so this is not only a G4S failure, it is another monumental Tory led government failure too! And now Theresa May and the boss of G4S have to admit that they do not even know if security guards can speak English!

The breathtaking arrogance and just brass faced cheek for the Home Secretary to boast that she knew she could rely on our troops to step in and do a good job, saying "the security of the Olympics would not be compromised", especially after her government have just announced the loss of so many regiments and thousands of troops, how dare she say this? Has she no shame? No humility? Or is she once again just mouthing platitudes to try and cling on to her job? Theresa May said that 10,000 Olympics and Paralympics tickets had been donated to armed services through Tickets for Troops and a further 7,000 tickets were also being made available to troops for the dress rehearsals of the opening and closing ceremonies to recognise their extra commitment!
Big deal! What an insult the government have taken all the tickets no one else wants and want to give them to the troops! How will they be able to use them though? They will be working all the time it will not just be a set number of hours, these troops will be manning these games 24/7 and they will be billeted away from home and families in makeshift camps etc, so how will they get to use the tickets?
Talk about out of touch, this woman is lost to reality! Imagine saying to troops that have just received or are about to receive their P45 we'll give you a ticket for the games to make up for it, a ticket they probably will not even be able to use? Or maybe they have just returned from a tour in Afghanistan and were due to go on their much deserved much earned summer leave looking forward to holidays with their families and now their holidays will have to be cancelled! This means that troops pre booked family holidays will have to be cancelled, can you imagine crushing disappointment felt by our troops and their families learning about this? If tour operators refuse to refund their payment who is going to compensate them for cancelled holidays and loss of deposits/payments? And all because some stupid woman who calls herself the Home Secretary and some over privileged blithering incompetent idiot that calls himself a Prime Minister literally couldn't organise a proverbial piss up in a brewery? Do they honestly think that our troops will be happy with having a games ticket while being forced to work instead of having a well deserved well earned holiday with their families and friends? For goodness sake what planet is this ludicrously incompetent government on?

May is right though, our troops will step in and they will do a brilliant professional job with a smile on their faces, but May should not fool herself that they do not mind having their lives thrown up in the air at such short notice and she should be totally embarrassed to be forced to ask them because of her and the prime minister's and London Mayor's appalling incompetence. For many of these troops who have no choice but to carry this work out they will be doing so having just received their "marching orders" (redundancy) from the army, it is not only a national disgrace it is an international embarrassment and yet another total incompetence "made in Downing Street"!

While they are at it perhaps Cameron, May and defence secretary Philip Hammond could explain to us what would have happened if this problem had occurred if the games were next year when they had just finished sacking so many troops and our troop numbers had been reduced to 85,000? If our number of troops had already been reduced where would they have got the number of troops required from that number without compromising the country's security, not to mention the lives of the understaffed over stretched troops on tours of duty?

This whole debacle, like many debacles rearing their heads in the NHS are just the epitome of privatisation and how private companies will let down public services time and time and time again because private companies are not giving a service like the public sector does, and does so well, they are giving a paid service and they have to do it cheaply in order to make a profit for shareholders.

This government's total policy failures has all the Hallmarks of a wholly inadequate government it is a complete omnishambles. If this, the complete failure of government is what we can actually see, what on earth must the total chaos going on behind the scenes be like? It would be frightening at the best of times, but at this particular juncture, when we need a calm, safe, secure government to see us through it is truly terrifying! The collapse of this Tory led government is like waiting to vomit, you are powerless to stop it and you know it is going to happen, it is just a matter of when! I can only hope and pray that its peristalsis is reversed sooner rather than later before we have a complete catastrophe on our hands.

Welcome to Tory Britain 2012. If cock-ups were an Olympic Sport this Tory led government would win every gold medal.

I hope to God that the Olympic Games goes off without a hitch, because the alternative is just to frightening to even think about!

Meanwhile the world's eyes look upon our government with growing concern and dismay - what a total embarrassment!

Update: Theresa May was told 10 Months ago about G4S Failings (Independent) She knew about problems with recruitment, did she think if she ignored them it would all go away and be alright on the night? For goodness sake what kind of neanderthals have we got running this country? Now there are fears as an a senior airport official has said that substandard security checking are missing terror suspects who are entering Britain. A former police officer who has been drafted in to help with Border Control during the games has also told that he was put on a rushed security training course lasting just 9 days and expected to carry out the work that properly trained officers only do after receiving months of training! he has said that he does not feel comfortable doing this. This government knew we were hosting the games, they were warned repeatedly that security would be an issue and that Border Controls would not have enough staff, yet they still forced massive cuts in funding resulting in loss of staff at the Border Agency. George Osborne has made over 750,000 public service workers redundant leading to serious breaches all over the public sector and not least the Border Agency, they then expect them to magic fully trained staff up out of thin air and enough properly trained immigration officers to cope with the huge influx of visitors expected to arrive in the country during the Olympic Games, this is utter madness. Not only is this totally barking mad, it is also counter cost productive as the cost of hiring outside agency and temporary staff to fill in at Border Controls, far outweighs the cost of keeping properly trained experienced staff in their positions. Again complete and utter madness bordering on being certifiably insane!

Culture secretary Jeremy Hunt is wheeled out on the Marr Show to defend the government (things must be really bad, where is Theresa May? This is her department. Why should we take the word of Jeremy hunt anyway, he is a proven liar and has already been seen to mislead parliament several times over his assignations with the Murdochs and News International! This is a government of liars, misleaders and they get worse daily as they stumble from one crisis to the next.

The Tory led government and their poodles the Liberal Democrats 'yesmen' have taken Labour's Olympic Games which was running to schedule, under budget without major hitches which were going to bring in work to thousands and leave a lasting legacy of prosperity and regeneration and totally and utterly ruined them. The world must be looking at us and laughing, but if we have a major terrorist incident that laughter will turn to savage criticism for which we will never be forgiven!

Wednesday, July 11, 2012

David Cameron: Out of Touch and Out of Control In furious Exchanges

The last Prime Minister's Questions (PMQs) today before the House rises for the summer recess was a resounding victory for the ever growing in confidence leader of the opposition Ed Miliband and once again he managed to make David Cameron look tired, out of touch and out of his depth.

David Cameron, on the back foot and panicking, resurrected the "red Ed" tag, although why he chose to do so is a mystery, it didn't work the first time when Ed first became leader of the Labour party and Cameron has failed to make it stick all the other times the he has tried to launch it. It was clear from the PM's performance that he was desperately trying to give the Sunday newspapers a soundbite. However, the only thing reddish about Ed Miliband happened to be the reflection of David Cameron's ever rising crimson tide from across the dispatch box. If Cameron's failed "red Ed" pun is the best he can come up with then he is in serious trouble! I wonder does he realise that Ladbrokes are giving 3-1 on David Cameron being replaced as Tory leader before the next election?

Ed Miliband ribbed the PM over his lack of control over his party and for losing his temper and pointed to an incident that took place last evening with Jesse Norman Tory MP for Hereford and South Herefordshire over the vote for Lords reform, which Cameron was forced to ditch for fear of plunging the Coalition into further bitter chaos.
Karl Turner Labour MP for Kingston Upon Hull told BBC Radio Five Live that he;

was leaving the division lobby in the House of Commons shortly after Tuesday's [10/07/2012] vote when he saw Mr Cameron make a "beeline" for Jesse Norman.

"The prime minister was red-faced and clearly very very angry.

"I was taken aback because you don't expect to see the PM doing that to a colleague: pointing and prodding towards him in a very, very aggressive manner," Mr Turner told BBC Radio 5 Live.

"I heard the prime minister make a remark - that he didn't think Jesse Norman's behaviour had been honourable"

The 91 rebel Tory MPs who voted against the government have to admit they had to rely on Labour MPs votes to win, what a pity these Tory MPs couldn't do the same when it came to passing the Health and Social Care Reforms bill which will now lead to privatisation of the NHS. Of all the issues to get steamed up about, welfare cuts, the NHS, education, EMA, tuition fees and the Tories and the Liberal Democrats get all wound up over Lords reform, ("glad" to see they have their priorities "right"!)

This is not the first time that David Cameron has lost his temper this week. After last Wednesday's PMQs There were similar Parliament fisticuffs when Cameron and Miliband left the debating chamber.

Mr Cameron appeared to be angry that Mr Miliband had suggested a two-part inquiry into the Libor fiasco during Prime Minister’s Questions without having given him prior notice. Cameron attacked Ed Miliband jabbing his finger and yelling:

‘You had no right to do that without telling me,’ he stormed. ‘

You ambushed me! Don’t do that again!’ Mr Miliband countered:

‘You have handled all this badly and Osborne has made false allegations against us.’

In today's PMQs when Cameron was asked by a back bench MP when he was going to apologise for his chancellor's accusations where he libelled Ed Balls the shadow chancellor in the Spectator magazine and again in the House, Mr Cameron flew off into yet another rage, ranting away and completely evading answering the question.

Another sure sign of the Tory led Government under increasing pressure and out of control is the question which was literally screamed out by Tory MP Anne Marie Morris.

The question was an obvious planted question concerning something about further education ( which this Tory government are wrecking as plummeting numbers on courses have shown), although quite what the point was no one seems to know, not only was she drowned out by shouting, it looks like someone cut her microphone! Also why on earth is she wearing a sling, doesn't look like there is much wrong with her arm the way she was flinging it around. (I hope she doesn't claim DLA if she does she can expect a call from Atos). I think Cameron should have saved his now infamous "calm down dear" quip for her, her actions were truly bizarre!

Tory MP Andrew Bridgen asked a partisan question about council tax, (desperately sucking up to Cameron after revolting last night in the Lords Reform vote) David Cameron always happy to obliged a crawler and indulge in a bit of Labour battering answered, "we back the workers, they back the shirkers". So we are legitimately entitled to ask if this reply was an admission that David Cameron and the Tory party and Lib Dems by default, judge all those people unfortunate enough to lose their jobs and are currently unemployed as "shirkers"? And that all those who vote Labour are "shirkers" too? Nice to know!

The bullying and a narcissistic temperament clearly displayed by Cameron in public is horrendous, what on earth is the man like behind the scenes?

Sunday, July 1, 2012

No Public Inquiry Because The "Banksters" & The Tories Are "All In It Together!"

This is a comprehensive review and contains a great deal of detail gleaned from an enormous amount of research. By compiling it all, I hope to show how inexplicably linked the British Government aka the Conservative party has become, not only to the banks, but to the whole of the financial sector. We all read the announcements this government make, some shock, others cause raised eyebrows etc, however, when they are all placed together we see a picture emerging that is actually quite sinister and we can see clearly the path that this government is setting out. When viewed we can be forgiven for thinking that we are once again living in Dickensian times with an authoritarian government, debtors prisons and work houses and *no* NHS etc and if we are all not careful, this is exactly where we will all end up!

David Cameron once famously said that; "lobbying is the next big scandal", he may be right about lobbying being a big scandal waiting to happen, however, I think the next big scandal to hit the Tory party will not be lobbying (that will come at a later date) it will be over revelations about just how closely tied the British Conservative party is to the Financial Sector.

Where does the Conservative party end and the banking industry begin, or vice versa? Further down this post w you will come across a list of those in the Financial sector who all donate to the Tories.

It is impossible to put a fag paper between the Conservative party and the banking industry, they appear to be one and the same, they are inexplicably linked as you will clearly see as you read on. This information is freely available on the internet, however, it is not until you see it all placed collectively that you realise that we do have a massive problem with Conservative party (aka the Tory led coalition) and City of London's financial sector.

The Conservative party and the banking system have become cohabitees. They are so entangled and inter-dependent upon each other that it is impossible to separate them and now one cannot function properly without the other, they are tantamount to Siamese twins sharing one heart. The amount of money that is passed between the Conservative party, Conservative MPs and Conservative advisers etc and different parts of the financial sector is astonishing, it runs into millions (as you will read further down) and it is all happening with the full blessing of the Conservative prime minister who fully endorses his party's "robust political donations system", this admission in itself is absolutely staggering!

None of us were really that surprised when further revelations concerning "dubious" immoral and possibly illegal inter-banking practices (LIBOR) have come to light this past week, when the FSA and the US authorities fined Barclays Bank $453 million for inter-bank interest rate fixing.

The public who are suffering horribly who are losing their jobs, homes, businesses and seeing their standard and quality of life plummeting while struggling to pay for the mess which the greed of these bankers caused to the British and global economy, are now reeling after learning of yet another banking practice scandal. It's clear that the banking industry and it's twin the Conservative party/government just view the public as "cash cow irritants" and treat us with utter contempt.

The Labour leader and leader of her majesty's opposition, Ed Miliband, is leading the calls for a full Judicial (Leveson style) public Inquiry into banking practices, however, the Prime Minister isn't, and has said an Inquiry isn't necessary - why? Why doesn't David Cameron want a fully public Inquiry into banking practices too, why is he so reluctant? What is Cameron so worried about? Has he got anything to hide? What has he to fear from such an Inquiry? Why is the best that David Cameron will offer is a review? Reviewed by who? Will it be the same kind of review he put in place over the former Tory co-Treasurer Peter Cruddas Cash for access scandal? A scandal which went right to the heart of his [Cameron's] Government and the way the Conservative party operates? An internal review carried out by people connected to the Tories and the banks? The Gold inquiry is nothing but a whitewash' designed to keep people quiet until the fuss has died down Where is Cameron's judgement? has he got any?

David Cameron's Judgement:

Why should we trust the judgement of the prime minister to handle this latest banking crisis properly and come to the correct decisions when his judgement has been seriously poor and mostly completely lacking?

How can we trust that David Cameron will make the right decisions for the right reasons when it is common knowledge that the Conservative party is mainly funded by City financiers, bankers, hedge fund managers, Venture capitalists, even dubious loan companies like WONGA and just plain old fashioned loan sharks etc etc?

All these City donors to the Tory party just do not write cheques for millions of pounds for the Conservative party out of the goodness of their hearts, they give their money in the hope of gaining access to David Cameron and to influence government policy and with all their connections to the Conservative party, how do we know that these people haven't already influenced policy regarding banking services?

Governor of the Bank of England, Sir Mervyn King (who was bestowed his knighthood from David Cameron), has backed David Cameron and has also said there is no need for an inquiry and that the banks just need reform. King said that "something had gone very wrong with our banks that needed to be put right" Really? That is a complete understatement if ever I saw and read one. There is also a question of judgement regarding Mervyn King, his forecasts on inflation and growth have been incorrect every single time and he has allowed himself to become politically compromised with the Tories.

Quite honestly, if David Cameron, George Osborne, Nick Clegg and Mervyn King are all saying there is no need for an inquiry, then judging by their past competence I seriously believe that an inquiry should be launched immediately. David Cameron's judgement is not only seriously flawed, so is his ability to tell the truth! He is an habitual liar. As well as there being zero trust in Cameron, past events have also clearly demonstrated that he has on many occasions deliberately misled the public and intentionally misrepresented what others have said and written.

Just why does David Cameron display such bad judgement calls?

Full Public Inquiry:

Most members of the public would probably agree that there needs to be a full public inquiry which needs to look into all the shady the practices of banking industry. The City of London did not earn the nickname of "The Money Laundering Capital of the World" for no reason at all! Francis Maude the Conservative Cabinet Office Minister has even announced that "it's a compliment to be regarded as a tax haven" and how he wants foreign investors to come here to be able to pay less tax than in their own countries!

We need to know if laws were broken and if they were then the culprits investigated, charged and judged in a court of law and if found guilty then punished.
If laws were not broken, then those immoral practices need to be identified and good workable laws need to be introduced with strict penalties to ensure that this does not happen again and if it does then the culprits punished.

How can Cameron and King say there is no need for an inquiry - just reform? Who is going to reform the financial industry? People/bankers with vested interests? It is blatantly obvious that the Tory chancellor cannot reform the industry because 1).he is just not intellectually capable in fact he is wholly incompetent (just look at the mess he has created with his budgets) and 2).he is totally biased, his own party is in hock to the banking industry up to its eyeballs!

Mervyn King isn't capable of doing the job either because he has allowed his role to become politicised and he is now compromised politically to the Conservative Government, the prime minister, and the chancellor. Which once again clearly demonstrates the atrocious judgement of David Cameron for allowing this situation to develop with the Governor of the Bank of England! Astonishingly, Mervyn King and David Cameron cannot even bring themselves to say if they believe Bob Diamond of Barclays is a fit and proper person to run that bank, despite calls for him to resign.

How can someone like Bob Diamond of Barclays not have known what was going on? If he didn't it makes him incredibly stupid and if he did then it makes him highly culpable.

We need a full independent Leveson style public inquiry, all the facts need to come out, we need to assess where things went wrong and we need to work out what to do and where to go in the future, we need a change in the laws that govern banking and wrongdoing. The secrecy and covert dealings has to stop, it must all come out in public. People must be held accountable. It is simply not good enough that people can take vast sums of money out of the system by fixing interest rates between themselves and then when their greed brings the global economy to its knees simply walk away with their money leaving the poor, the sick, the vulnerable and every single ordinary working person to pick up the pieces and pay for it all. As well as a public inquiry, there needs to be a police investigation and if people have been found doing wrong then they must stand trial and if found guilty must go to prison, why should they be treated any different? If anyone of us fiddled the taxman, or defrauded the benefit system then we would be prosecuted, why should these Tory banker types just be allowed to get away with it all? We do not need a sticking plaster whitewash review, we must have a full public inquiry, not only to establish wrongdoing, but to establish the way we move forward from this scandal.

Currently we have Cameron and his government attacking people, calling them "scroungers, cheats, fraudsters, lazy, idle and wasters" just because they have fallen on hard times, or have lost their jobs. they are forcing people to work full time for nothing, giving their corporate buddies and banker friends free labour bankrolled by the the taxpayer, if people refuse then their unemployment benefit (JSA) is stopped. In short what this hideous Tory government are doing is actually blaming people for being born poor and attacking them for it, yet at the very same time they are doing this, they are allowing their mates, their Tory doning banking mates etc to get away with billions of pounds of our money, where is the justice? Where is the parity in what this government is doing?
In one year when Barclays Bank made a record profit of £11.6 Billion it only paid the UK Treasury HMRC £113m in UK corporation tax.

Inconsistency:

When Bob Diamond openly admits that Libor was being falsified at Barclays to protect the bank during the financial crisis, how on earth can he stay on in his position? And how on earth in all that is logical can David, Cameron, Mervyn King and George Osborne say that we do not need a full public inquiry? Next they will be telling us that Bob Diamond has been "asked to lead" the banking review. Apparently he has now accepted an invitation to appear in front of the Treasury Select Committee, wow, that should really "sort" this mess out then. Cameron has said there is no need to make a snap decision, no there isn't, which is why we should have a full scale public inquiry.

How on one hand can Mr Diamond plead ignorance as to what was going on in the area he was actually in charge of and in control of, and yet on the other hand freely admit in an open letter to Conservative PM Andrew Tyrie that Barclays falsified Libor? It is totally inconsistent!

Barclays bank falsified LIBOR

This is just like the Culture Secretary, Jeremy Hunt's plea of ignorance to the hundreds of emails which clearly pointed to corruption and wrongdoing in News International, yet he said he did not know about them.
(Yet more inconsistent and utter garbage and lies from the Tory party.) We have people in charge of our country and in charge of the banking system who think absolutely nothing of lying in order to get away with wrongdoing.

Prime Minister Ignored warning over Hunt

The prime minister has got form in ignoring problems hoping they will go away, Andy Coulson, Rebekah Brooks, Liam Fox, Adam Werritty, Jeremy Hunt, The Murdochs etc.

Shady banking Practices:

This is not going to just affect Barclays bank, it will affect all the banks, because it is people in all banks which were colluding with each other to fix the inter-banking interest rates!

Here are just a couple more reasons why we should have a public inquiry into banking.

How did LIBOR swindle work and shy didn't managers stop it?
How is my mortgage linked to LIBOR?
A whole mnnner of shady practices have been allowed to go on apparently unchecked, how could Bob Diamond claim he did not know about them?

"Pump and Dump;" is where stock is deliberately talked up through recommendations based on false or greatly misleading statements and then sold at an exaggerated over inflated price. The perpetrators of this scheme usually have an established position in the company's stock and they sell their positions when the hype has lead to the exaggerated price. The stock usually falls to its previous levels leaving a whole string of investors to lose their money. This is an illegal practice but nevertheless it is going on and the fact it can lead to heavy fines is irrelevant as the gains usually far outweigh the penalties.
Traditionally, this type of scheme was done through cold calling, but with the advent of the internet this illegal practice has become even more prevalent. Pump and dump schemes usually target micro- and small-cap stocks, as they are the easiest to manipulate. Due to the small float of these types of stocks it does not take a lot of new buyers to push a stock higher.

"Bear Raid;" This is not very well known but is another highly illegal practice that is widely used in the banking industry. Basically it is when stories of a company's collapse and bankruptcy is imminent and there is an attempt to push the value of the company's stock down by short selling.
The people that take part in practices like this are the type of person who donate to the British Conservative party!

The Conservative Party Bankrolled By The City:

How can we expect fair and unbiased regulation of the banks and the City when the Conservative party is heavily bankrolled by them? The Conservative Party has become reliant on bankers, hedge fund managers and private equity moguls for more than half its annual income, an independent analysis of Tory finances has revealed. Since David Cameron became Conservative leader in December 2005, the amount of money the City has given to bankroll the Tories has gone up fourfold, to £11.4m a year. Over those five years, the City has donated more than £42m to the party.

How can we trust the David Cameron, supposedly our Prime Minister, to help sort out banking regulation in a completely unbiased fashion when he has refused to hold a full public inquiry and when his political party is entwined and entangled with the very people that ruined this country's economy and brought the global economy to its knees through their greed, shady dealing and sometimes totally illegal practices?
How can we trust David Cameron to be honest when he has been shown to be an habitual liar?
How can we trust Cameron's judgement, when he has demonstrated that his decision making and his judgement is fatally flawed?
How can we trust David Cameron and the Conservatives to do the right thing concerning banking when they are heavily compromised and indebted to the very people who caused the problems in the first place?
The Conservative party have taken over £50 million in donations from the City bankers, venture capitalists, Hedge Funds (short sellers) etc directly into the coffers of the Tory party in order to help them make decisions and policy, how can the Tories hope to be seen as unbiased?

Dinners for Donors

During the recent Peter Cruddas the prime minister's office was forced to announce that the Prime Minister had dinner with donors David Rowland, Andrew Feldman, Michael Farmer (Hedge Funder), Michael Spencer and Henry Angest between February 2011 and February 2012.

He also hosted a July 2010 dinner for Conservative Party chief executive Andrew Feldman, and party donors including Lord John Sainsbury.

It took several attempts, where the government said it had "accidentally" omitted some donors names but finally came up with a list of sorts.

List
Cash for Access
Cash for access and cash for policy scandal,

The Conservative party and the City of London financial industry are so inter dependent on each other for survival that I believe they are both "institutionally corrupt".

Top Tory Donors by Sector

City

Hedge Funds Approximately £6.70 million

Michael S Farmer £2,316,600 Conservative Co Treasurer
Lord Stanley Fink over £2 million (described as "Godfather to hedge Fund Industry) To face a full parliamentary inquiry into allegations he broke sleaze laws.
Michael Hintz £1.62 million since 2002 Boris Johnson; Liam Fox & George Osborne & Tory party
Andrew E Law £101,000 (Hedge fund chairman of Caxton)
Christopher Rokos £100,850 Of Goldman Sachs
Paul M Ruddock £68,666 Partner of Hedge Fund that bet on collapse of Northern Rock
John Nash £203,400 Hedge fund boss of The Hedgie Former CEO of Care UK has Connections with Tory Health Secretary, Andrew Lansley (donated £22,000 to Lansley's Office)

Financiers £1,505,806.52

David Rowland £1,160,936.52

The Funding Corporation Group Ltd, IM House - £130,000 (Sub-prime financial services that loans to people with poor credit ratings from between 45% and 200% interest rates)

Vincos Ltd £50,000

Selina Burdell - £25,000 Runs debt Collecting Agency with Husband Paul.

Peter M Steward £15,000

Simon and David Reuben Brothers over £200,000. Donated from their 32 different corporate entities keeping amount below the cap of £50,000.

David Rowland: Former Conservative Party Treasurer - was forced to resigned from his position of Tory Treasurer because of his questionable business deals, where he used a series of tax havens for his take overs (so he would not have to pay UK tax) . Making Rowland Tory Treasurer is another seriously bad judgement call of David Cameron's. Rowland has donated over £1.16 million to the Tories and is linked to the;

Banque Havilland
Blackfish Capital Management - Hedge fund who describes itself as "offering a flexible approach to business opportunities"

Fund and Asset Managers £1,158,000

Gloucester Research Limited £166,600
Shore Capital Group Plc £125,000
FIL Investment Management Ltd £100,000
Vivian Imerman £100,000
Investors in Private Capital Ltd £80,400

Banking £607,771.70

Flowidea Ltd, Arbuthnot House £68,800
Richard Q Hoare £55,000
Simon Robertson (Sir) £50,000
=Jeremy Isaccs £50,000
David L Mayhew £50,000
Adam Fleming £50,000J
James R Lupton £50,000

Private Equity £565,400

Alexander Knaster £100,000
Edmund G Truell £69,000
Jonathan P Moulton £53,600
Roger Nagioff £50,000
Graham Clempson £50,000
Jitesh Gadhia £50,000
=Jeremy Isaacs £50,000

Trading, Broking and Dealing £573,253

IPGL Ltd, Park House £163,350
Peter A Cruddas: £223,600 (Disgraced Former Conservative Party Co-Chairman) Police now investigating his cash for access to Cameron affair.
CMC Markets UK Plc £100,000
Neil Record: £35,050
Nicholas Finegold: £22,600

Financial Services £193,157.40

Abduladem El Mayet £50,000
Barnford Industries Limited, Romeo House £25,000
Killik & Co LLP, 46 Grosvenor Street £25,000
Julian L Smith £25,000
Grahame N Elliott £13,200

Insurance £189,400

Andrew Brannon £50,000
Henry Keswick £50,000
Hampden Insurance Holdings, Hampden House £29,400
Windsor Partners Ltd, 71 Fenchurch Street £25,000

Hedge funds are companies that make huge profits out of the misery of others in a recession. Hedge funds make colossal profits as the wider economy tanks and they place the economies of entire countries in jeopardy. Financiers are to blame for amplifying the volatility in the bank crisis and these are part iof the Financial sector who currently bankroll the Conservative party - how can Cameron, Osborne and Clegg possibly make the regulation needed to stop these practices, especially when David Cameron cannot even find the strength of character needed to call a full independent public inquiry into the banking corruption debacle? The best he can manage is a pathetic little tin pot review, what on earth does he think that will do? The answer to that question of course is precisely *nothing*, which is what he wants and which he has already promised his friends in the Financial Sector in the City.

The Tories know all of this for years, even before they assumed office and they have 'talked the talk' on banking regulation but comprehensively 'failed to walk the walk'. Knowing all of this has not prevented the the Tories aka Cameron and Osborne, "Peter Cruddas" "David Rowland" Michael farmer etc from taking millions of pounds from individuals that own these companies and as the saying goes "there's no such thing as a free lunch", then what exactly are these companies actually getting out of the Tories for their millions of pounds in donations? Silence? and "pretendy" regulation that looks good to the ordinary person but in practice is utterly useless and ineffectual which ultimately allows banks to carry on in their unethical way in some kind of banking twilight existence, where the culture of corruption is rife and is ignored by a seemingly compromised, if not corrupted government, which looks both ways, who are being financed by the banking industry and who have crafted the rules to be just this side of legal?

"The City is in my Blood" - David Cameron

David Cameron is the man who when addressing the City just six months before becoming Prime Minister said:

“The first thing I want to say is a really big thank you to the Conservative supporters in the City Circle, who have helped our party, who have helped fund our party, who have supported our party right up until now. “

Key words: "fund the party"

“This party [the Conservatives] values, understands and will always make sure it looks after the important financial services industry that so many of you work in".

Key words: "will always make sure it looks after the important Financial Services Industry".

"........We understand that the City is a world leader and a world leader we want to go on and see leading in the world. There are 250 foreign banks here in the City a fifth of the funds held by Hedge Funds are held here in London......"

Key words: Hedge Funds; Risk; A fifth of the funds held by Hedge Funds are held here in London. (Remember the Cabinet Secretary Francis Maude saying he wanted to make London a tax haven? and remember the accusations form other countries that London is the money laundering capital of the world?) Here we have in the Prime Minister's very own words that he wants this practice to continue and that he encourages the practice of "shorting" by hedge funding! Why wouldn't he? This is where millions of pounds in donations to the Conservative party come from!

".........Let me say something else, it’s important when we think about financial services and when I think about financial services I don’t just think about people in City trading rooms, or City dealing rooms, or working in our great banks….”

Key Words: City trading and dealing rooms and 'great' banks!

Cameron gave this speech 6 months before the 2010 general election, when he knew what the greed of his friends the bankers, hedge funders, City traders and Financiers etc had done to this country (and also helped to do to the global economy). He stood there making his promises and pledges to the bankers, hedge funders, City traders, Financiers etc, when he knew if he won the election he was going to use the smokescreen of so-called "Labour profligacy" to impose deep cuts in public services and the welfare state, while allowing the City bankers, traders etc, the like of which were all crammed into that dealing room to listen to, and to lap up and applaud the deceit of Cameron. he was more or less telling them that he was going to allow them to carry on the way they have always carried on, after all Cameron told them enough times, "he knows"; "he understands" and he will never do anything to "harm" their industry! Yet he gave a completely different speech and impression to the families whose lives these so-called City bankers etc had destroyed when he wanted to hoover up their votes! The businesses, the jobs of ordinary people that were lost because of the greed of those men in that place, apparently failing to resonate with Cameron or with the men in suits all stuffed into that smelly testosterone filled City trading room!

Cameron goes on to say that his; father was a stockbroker, his grandfather was a stockbroker and his great grandfather was a stockbroker. He also had the nerve to stand up in a room full of bankers and accuse the Labour government of being irresponsible! Cameron actually said that “the bottom piece of good news is that the then prime minister had lost all touch with reality and was unable to deal with problems our country had”

Even if that were true, how could that be termed“good news”? Good news for who Cameron? Good news for a what, his election prospects? And as for dealing with the country’s problems, this has to be the biggest joke of all, both he and Osborne have been the worse, the most incompetent government this country has ever had. We have a complete shambles for a government, all Cameron can do is talk, he is hopeless and hapless and hasn’t a clue and for all his talk about borrowing; his own government is borrowing £158 billion MORE than the Labour government would have done!

Gordon Brown has been criticised for his light-touch regulation of the banking industry that created this crisis.

If this is true then former Conservative Prime Minister, Margaret Thatcher must certainly be criticised, as it was Margaret Thatcher who decimated manufacturing, closed down the steal works, ship building and the coal mines, before going on to deregulate the banks and the City and make the entire country dependent on the Financial Sector!

David Cameron should also be criticised as it was both David Cameron and George Osborne who supported John Redwood's call for even less regulation of the mortgage market in 2007 just as it was all about to come crashing down!

It all adds up to reducing the size of the state, but this will not benefit the vast majority of people, it will only benefit the Tories friends in big business and the financial sector.

The Tories and the banking sector and big business are all interlinked, they are all inter-dependent on each other, and it is impossible to see where one ends and another begins.

Last week we had a major failure of Nat West bank, leaving thousands without money, their bills unpaid, unable to feed their children, unable to on planned holidays. Many lost contracts and many people could not exchange contracts for moving home because the money transfer did not go ahead.

This was closely followed by Barclays being fined for basically fixing the interest rate with other banks and making millions of pounds out of ordinary people's loans, mortgages and businesses packages etc.

The Prime Minister David Cameron came out and made a few words and promised an independent review. A few rehearsed sentences are not going to alleviate peoples concerns and fears and neither is a piddling little review. How can we believe a word Cameron says anyway when he has continually lied to us?

It is obvious that this Tory government are not going to be able to be strong enough to take on the banks, for all their tough talk, what have they actually done? Nothing! Except give the banks that caused all these problems billions of pounds more of our money in the form of Quantitative Easing (QE) with the promise of yet more to come, which to date has done absolutely nothing except give the banks still more money to gamble with. Splitting sturdy High St banks from casino a capitalists is minimum reform, what is needed is radical reform and overall of the banking system and to do this we need a full independent inquiry, but Cameron, Osborne are not strong enough to deliver it. How can they anyway? They are heavily compromised and in hock to the banks, hedge funds, venture capitalists etc to the tune of millions of pounds and Cameron is absolutely terrified of what may be revealed if such an inquiry is held!

In my opinion the British Conservative party and the Financial Sector and corporations are all corrupt and rotten to the core and are institutionally corrupt!