Hung Parliament . . . Who Cares!

Apparently last week’s Tory fund raiser was not only squeezing the ‘chequebooks’ for the coming election war chest but also the one needed after a probable hung parliament.

This says so much about the state of modern politics, not only in this country but in the US and elsewhere. Society has been gradually brought to its knees over the last 50 years by persistent abuse and the erosion of democracy. It is, I believe, now totally exhausted.

If we go back to the Thatcher era, whilst I have so much respect for her achievement as a woman in a man’s world, her political convictions were toxic. She destroyed our manufacturing base and a healthy union movement so necessary to hold employers to account (something Blair & co consolidated when they came to power).

She sold off council housing stock, making affordable housing a thing of the past as youngsters struggle with the greed of private landlords. (Subsequent governments followed her lead and sold of the remainder of the countries public utilities and assets, including world icons such as Rolls Royce, plus our Gold supply at a rock bottom price!)

Real wealth is created by making and selling things. This basic premise was flung aside as she introduced the ‘loadsa money’ expansion of the City and financial gambling with paper wealth. With her naive belief in a ‘Free Market’ she pursued deregulation, as the market was “capable of regulating itself”.

Any regulation is only as good as the people who formulate and exercise it. 2007 gave us ample proof that a mind-set of uncontrollable greed was running rampant in global financial markets. The greatest crime in the history of our species was then perpetrated when public funds were used to bail out the bankers, instead of allowing ‘market forces’ to bankrupt them. Since then vast fines, which are just petty cash to the banks, are regularly levied to swell government coffers and not one banker has been jailed.

If we now return home, for decades succeeding governments have known about an ageing population and its effect upon the economy. As successive governments passed the Health and Pensions challenges to the next incumbent, each borrowed more money to subsidise the problem rather than face it.

Today debt has become the universal political panacea as the over 65’s are now offered a guaranteed bond whose high interest is achieved with yet more borrowing. This irresponsible electioneering is intensified as our Prime Minister declares it is time “we had a pay rise”. With what I ask myself . . . more debt? Has to be, because government is certainly incapable of stimulating the economy and creating more jobs.

So we move from the banal to the incredulous as we become aware of secret trade deals that have been going on for years and will effectively neuter democracy once and for all. Global corporations will now shape our laws and vaporise health and safety regulations in the interests of profit. TTIP is so sinister that when applied to our infant Fracking industry, if we allow it to go ahead our countryside will be wrecked and if we don’t we will be sued and bankrupted as a country!

Since Maggie Thatcher, a leader albeit with troubled beliefs, the era of the ‘career politician’ has created the current bland political landscape both here and abroad.Their equally bland manifestos a record of future lies and backtracking. These people excel at the political process but lack vision or caring leadership qualities, as our power is handed over to Europe and global corporations.

We are no longer involved in our future. We are lied to (TTIP) abused (2007 financial collapse) and left to fend for ourselves (Health and Pensions). It is no surprise we are looking at a hung parliament and don’t care anymore!

This is why the events now playing out in Greece are so important. It is irrelevant which side of the political divide the party comes from. Here, there are politicians who are forcefully speaking out for the people and standing up against powerful organisations that have brought their country to its knees.

Like Edward Snowden, they simply know that what is happening is wrong. The Greek people have responded by becoming motivated again, with 79% of them firmly backing their new government. Could we boast similar support over here? . . You decide.

I have argued before that we must engineer a hung parliament to give out politicians a punch on the snout. No engineering now appears necessary as they have done the job themselves!

What I would like to see is that we continue to repeat our first vote and cause yet more hung parliaments until a leader emerges who will unite us in fighting debt, austerity, and a failing democracy.

These, I would suggest, are the only issues for this election. By tackling them you give the people back their dignity and everything else will fall into place.

 

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to The 99% . . . If They Want It! By J T Coombes