Red Rag - Camerons payback time in three letters...... O B E

Red Rag - David Cameron has put forward amongst others two close friends of his in the New Year Honours list.

One is a Hedge Funder who made millions on the fall of Bradford and Bingley and other financial institutions. In fact he gets on so well with this banker he holidays quite a lot with him. Nice to see he is helping spend the money this chap has made from the back of other peoples misery.

The other is a convicted fraudster.

Both have one thing in common.....they fund the Tory Party.

It's called Payback.

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Red Rag - A bolder, more forthright Tory Party are reverting to type

                                     Tory Coalition Priorities

Red Rag - Lets look at the biggest issues for the forthcoming year.

The economy looks like it has contracted for the last quarter. If it contracts again in the first quarter where the vast majority of economists think we will. Then we are officially back into recession. I heard a Tory privately saying that he had been praying for snow for two reasons, the first being that if the last quarter was a contraction they could blame the snow and they would use their friends in the press, like they have so successfully in the last 18 months, to ram home any old bullshit excuse for the economy tanking. Secondly if it was particularly bad then it would make it easier for the economy to grow slightly in the first quarter next year, which would technically fend off a recession. The snow has not come, so the Tories around Osborne have spent the last month working out what they can blame for a contraction in the last quarter, most of them seeing it as a given now.

The amount of times you can blame Europe is now beginning to run thin. Yes the economy is effected by the Euro crisis, but as one person said on the radio the other day, if it is the main reason, as the Torys are saying the economy is faltering why are we at the same time deciding to try and move away from it. It then leads to the accusation of the reason Europe is effecting the economy so much is because the Tory coalition has turned it's back on it.

So economy wise we head into 2012 with unemployment soaring to levels not seen since...well ...err...the last time we had a Tory government with Chartered Institute for Personnel and Development predicting it could peak close to three million. The governments borrowing targets being missed month on month. Inflation not falling as fast as The Office of Bullshit and Ridicule keep telling us, therefore those lucky to actually be in work is seeing their disposable income fall week on week. Sales are falling, customer confidence is falling, business confidence is falling, construction is falling, the number of vacancies for people to apply for falling to the lowest level since the recession of the 90's with on average 23 people going for very job, the Balance of Payments have hit historic highs, the country's AAA status is set to disappear in the next few months, more cuts, more austerity and more ill educated and economically inept refusal to move away from Plan A by the worst chancellor in history.

With all this negative economic news and strife, what has been the most important issue on Tory lips over the holiday period......the ability to rip a live animal to bits after chasing it until it can run no longer so they can watch in awe as it's entrails are ripped from the stomach or it's it's spine chewed from it's body by a pack of blood thirsty hounds.

So in the next few months if you, your family or friends lose their jobs, if you cannot have your operation done due to lack of beds or the growing waiting list. If your council is forced to close your library or take away your grandparents meals on wheels or your children's school finds it doesn't have enough funding to educate them to their best ability in fact if anything happens to you thanks to austerity and the economically inept bellend making a complete balls up driving it thanks in part to the spineless twats in the Lib Dems.

Always remember.... to the coalition, the millionaires ability to chase down a wild animal to see it's body ripped to shreds is way, way more important than any of the the trivialities above.

Now get out there and getting working for nothing in Camerons Big Society.

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Red Rag - The "scum" is in the eye of the beholder

Red Rag - According to the coalition people who benefit cheat are the scum of the earth who rob everyone blind and are a complete disgrace, or that is what they really mean. Whilst when big business dodges tax,it is "all taxpayers are dealt with even handedly".

Thanks to their friends in the press the actual number of benefit cheats and how much they cost is inflated in peoples minds, though as the coalition unemployment figures start to rocket, calling people who don't have a job lazy useless shite will start to grate a large amount of the electorate seeing as many of them have started to become the Daily Heils hate figures.

Strange that up until today not a single paper has even mentioned the fact that big business is getting away with murder.

A couple of facts to throw in the mix.

According to the Department for Works and Pensions the amount of fraud that the department has had to deal with is estimated at £1.2 billion.

Her Majesty's Revenue and Customs or the taxman as it is known has a Tax Gap "the gap is defined as the difference between tax collected and tax that should have been collected" in tax year 2010 of £35 billion. Strange again how the right wing press are mute on this subject.

So tell me again.......who are the cheating scum who are robbing everyone blind.

Is the reason that the government never ever mentions this missing £35 billion due to the fact that some of these robbing bastards are the very same people who are funding the Tory party?

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Red Rag - Nice to see Dave has his unemployed finger on the pulse

Red Rag - Today we found out that another 128,000 have joined the coalition dole queues. We have the highest number of youth unemployment since records began. Highest number of women unemployed for 23 years.We have the highest number of total unemployment in seventeen years. The number of people classed as employees fell by over a quarter of a million. Despite Osbornes promise to the contrary, public sector job losses came to 67,000 whilst private sector job creation came to 5,000 in the last three months.

On the same day David Cameron thought it would be quite apt to be telling jokes before PMQ's, during PMQ's and had a whole list of them for a meeting with his MP's afterwards.

He obviously doesn't give a flying fuck about those who are already unemployed or in the next few years will become unemployed.

He quite obviously finds it all a bit of a joke.

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Red Rag - Early Christmas present from the leader of the City of London party

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Red Rag - An independent view of the coalitions performance from over the pond

Red Rag - Always keen to seek independent views the following is the editorial from the New York Times. That's right, Cameron, Osborne and Clegg have made that much of a fuck up since the coalition was formed other countries are using their abject performance as a perfect example of how not to run an economy.

"Britain's Failed Experiment, Repeated

Published: December 04, 2011

A year and a half ago, Prime Minister David Cameron of Britain came to office promising to slash deficits and energize economic growth through radical fiscal austerity. It failed dismally. But no lessons were learned, and instead of reversing course, Mr. Cameron's Conservative-Liberal Democrat coalition plans to make the pain worse by pushing even tougher austerity measures on the weakening economy.

Unfortunately, neither Europe nor the Republicans in Congress are learning from Britain's bad outcome either. Grim new data released last week show that British growth is still flat-lining, unemployment is still rising and the ratio of government debt to gross domestic product is still climbing faster than predicted.

With slower growth and consumer demand depressed by fiscal austerity, the Cameron government has had to push its deficit reduction targets years into the future. It now pledges to make deeper annual spending cuts, extending the austerity plan until 2017. By then, Britain will have endured more than seven years of starved public services and lost potential growth.

Official forecasts now project output shrinking by 0.1 percent in the current quarter and rising only 0.1 percent in the first quarter of 2012. That is technically not recession. But tell that to Britain's 2.6 million unemployed people, the highest number in 17 years. More than one million of those are 16- to 24-year-olds, a dismal portent for Britain's economic future.

Some of Britain's economic woes can be attributed to the world financial crisis. The catastrophic mismanagement of the euro zone - of which Britain is not a member but which buys 40 percent of its exports - has been a drag on recovery. But the biggest factor has been the Cameron government's determination to pursue an untimely strategy of public spending cuts in this adverse economic environment. With export markets threatened by the euro zone crisis, it makes even less economic sense to reduce domestic demand. The government needs to look for ways to increase demand when the private sector isn't vigorous enough to do this on its own.

Wiser policies, mixing short-term stimulus with longer-term deficit reduction, should have been embraced last year. Britain's debt burden, measured against its gross domestic product, is not nearly as high as Greece's or Italy's. And Britain still has its own currency. By effectively devaluing the pound, it can significantly improve its export competitiveness.

Instead, the Cameron government persists on a failed, irresponsible course that is unlikely to lead to recovery anytime soon."

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