The recession has increased the wealth gap to dangerous levels, and George Osborne does not seem serious about tackling it, says Edmund Conway.
If you don’t work in the City or in economics, you may not have heard of the annual Mais lecture, which was delivered last night by George Osborne. But it’s a big deal, arguably the most important set-piece speech in the Square Mile calendar. And only once before has City University, the host, deigned to invite an opposition politician primed for election to deliver it.
On that occasion, the young thrusting pup at the lectern derided a government in crisis, its finances in a state, its economic reputation in tatters. He promised to cut the deficit, to intervene in markets where necessary, and laid out a “new framework” for running the economy. That man was Tony Blair.
Last night, George Osborne became the second opposition politician to deliver the lecture. His title? “A New Economic Framework”. That aside, the difference could hardly be more stark. In 1995, the economy was in recovery. With the deficit past its peak, the great transformation in macro-economic management had already taken place, when the collapse of the Exchange Rate Mechanism forced Britain to start targeting inflation rather than exchange rates.
Today, the economy is in a far more damaging spiral. The first leg of the financial and economic crisis, which stemmed from excessive private borrowing and the subsequent collapse of the banking industry, is over. The second leg, characterised by a crisis of sovereign debt in even the richest economies, is only just beginning. The Bank of England’s inflation-targeting approach is under question from sources as authoritative as the International Monetary Fund. The world economy looks increasingly vulnerable to a “double-dip”, tipping back into recession or stagnation rather than bouncing back to health.
More important, both political parties are committed to spending cuts of a scale never before experienced by the public. Ignore the fuss about economists’ letters: based even on Labour’s plans for public spending, the next half-decade will be the first time in modern history that a government has imposed five successive years of real spending cuts. The question is not about timing (the Tories would cut earlier and slightly more) but over who will push the cuts through. Labour perennially disappoints and misses its fiscal targets. What most recommends the Tories is the pedigree that suggests they will at least approach the task with some relish.
All the same, Osborne is terrified of imposing such deep and painful cuts. He privately despairs that he will end up as the most unpopular politician in modern history. Which helps explain his plan, spelt out last night, to set up a three-man Office for Budget Responsibility to advise him on how far to cut spending. The hope is that the OBR will attract the opprobrium when state-sector workers are laid off or given pay cuts, when VAT is raised, when the retirement age is increased, and when public-sector pensions are finally tackled.
However, as good a start as the lecture made, it failed to address the scale of the social task facing the Tories. Osborne mentioned the Conservatives’ plans to tackle inequality, but only as an afterthought. And that is precisely what the divide between rich and poor has been for decades: a worthy economic topic that is too big, nebulous and intractable to tackle. I suspect that this is about to change. We have known for some time that income disparities have climbed to the highest level since the Thirties. What is new, and worrying, is that whereas this gap narrowed as a consequence of the Great Depression – as the wealthiest lost money and the poorest benefited from the newly created social safety nets – this time the crisis has served to widen the chasm, not least because the plutocratic bankers were bailed out with taxpayers’ cash.
In part, inequality is a natural consequence of globalisation. When a company shifts factories overseas, the shareholders make more money, but the workers lose their jobs. Optimists claim that this wealth should trickle down to those unemployed workers as the shareholders go out and spend more, but reality has proved otherwise. According to Albert Edwards of Société Générale, homeowners have been distracted from noticing this disparity by housing bubbles that convinced them they were becoming wealthier. But that fantasy has been obliterated by the crisis.
The poorest today are, in absolute terms, less destitute than before, able to afford food, shelter, even satellite TV. But the disparity between them and the richest has risen. It is not merely, as Richard Wilkinson and Kate Pickett point out in their book The Spirit Level, that this damages health and encourages crime; in times of austerity, inequality can tear apart the social fabric. Take Greece, where the most frequent chant in this week’s riots was: “Make the plutocrats pay!”
So Ed Balls’s plan to pitch this election as a class war is, I’m afraid, on the button. Class, money and privilege will be unavoidable issues during the next parliamentary term. Rather than ignoring them, the Tories must take action. Better to start thinking about free-market reforms that share the wealth more equitably than to leave it to the Left to suggest that taxes on the wealthy are the only solution.
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slobo, i wish to be in US to have all these opportunities in creating a mini army/arsenal :-D
james,their tactics are known.as it says: “the truth will set u free”.
Hey Vlad
Why want you do us a favor and swim direction west to the US.
We don’t need east subhuman slav slaves in the UK.
You can take along with you all the other east slavs here for the swim.
Using the British flag as a shield to your low filth societies makes Europe Vomit.
West Europe should be clean of Jews Blacks and East Slavs.
Compete with the Nigga and Mex in cleaning KFC toilets, that’s your name of the game.
“you” whom to do a favour?
I am not surprised u are an idiot. “Dracula” wasn’t of slavic origins :-D
so,which flag do u want me to use? Pakistani flag would make u happier?
Malc, I wanna ride to US eastwards. would u agree to be my donkey :-D ?
Vlad Dracula
There can not be something more disgusting then a TRANSYLVANIAN BLACK GYPSY SHITHEAD Using a European flag.
Vlad Dracula You Gypsies are not born as normal human beings but as rats that become devils.
You should use your WHEEL shit gypsy flag
“Mudardala e kali legiya”
Get the fuck out of the UK, you stinking gypsy rat.
Malc,
doesn’t matter what colour is the cat. it is important it catches mice (chinese proverb).
so, i am giving a hand to Nick griffin. do u know who he is :-D ?
would u be ok if i use an israeli flag :-D ?
you are a f**’ stupid and brainless idiot.
better to learn to be smart from a black gypsy :-D
Malcolm,I’ll quote you:
**You go against YHWH’s Law and YHWH’s Established Social Order ***
now,would you like to elaborate a bit upon?
What “social order” did Jesus established? which one?
Labour,Torry,Greens,Communism or perhaps Political Correctness?
You’ve been told by the Lord “brother against brother,nation against nation” etc.
So James is right: sell ur dead brains and buy guns!
Vlad,
Notice that Malcolm, a.k.a. Lindstedt accused me of everything HE was doing? He came out swinging; calling me everything but a white boy and then moans like a whinny jew because he can’t engage me in civilized debate! :roll:
Also note that he dodged your question completely…
These are the tactics of the jews.
Now, this character brings up the “ADL, FBI, NSA, etc.”. Martin was in the nut house for several years after being convicted of having sex with his little grandson. Makes one wonder what kind of deal he struck with the federal government in order to get out.
Given his penchant to project his own short comings on others, it makes me wonder.
The bottom line (and getting back on topic here) is that the White European race is being set up for a BIG fall. The primary threat is now against Europeans living in Europe and if they do not arm themselves NOW, they are surely going to be sorry soon.
Anyone who warns our kinsmen against being armed should be immediately suspect.
Revelation 17 (King James Version)
14 These shall make war with the Lamb, and the Lamb shall overcome them: for he is Lord of lords, and King of kings: and they that are with him are called, and chosen, and faithful.
15 And he saith unto me, The waters which thou sawest, where the whore sitteth, are peoples, and multitudes, and nations, and tongues.
16 And the ten horns which thou sawest upon the beast, these shall hate the whore, and shall make her desolate and naked, and shall eat her flesh, and burn her with fire.
A lot of misguided people equate the whore with the Catholic Church, but that is not supported by scripture. ALWAYS throughout the scripture, the WHORE referred to the White Israelite race, who went whoring after other gods and strange flesh (those not of our race). So WE are that whore referred to above in Revelation.
There is coming a time when the many nations, peoples and tongues, who infest the nations of the West will rise up and eat our flesh and set us on fire. Indeed we already see the beginning of this now. How many riots must we endure? How many pounds of our flesh must we give to these lazy worthless muds before we say ENOUGH! We MUST be prepared to defend ourselves.
I would be very remiss in not warning my kinspeople of the coming danger.
JTJ~ I have been preparing for 30 years! 50 lovely weapons, plus 100,000 rounds of various calibers of ammunition. Bullit proof window glass, 3/8th inch steel plating in the walls, and at all corners, and around all window all window frames. Provisions to last six months. Bottled water, freeze dry and canned goods. Medical kits, batteries, lighting galore. An auxillery power source, 500 gallons of fuel buried in the ground. Myself and my kind are ready. R U ? :)
Wow! Slobo. I wish you the very best and GOD speed. YHWH protect you and yours.
As to the Brits and other oppressed Kinsmen in Europe; all I can say is screw the courts, screw the legislature and screw the European governments in general!
We should not have to ask for the right to protect ourselves. If we find that we are in a position where we must ask for a RIGHT, then we are already living in tyranny.
We are under no obligation to bow to tyranny in ANY form.
Don’t ask. DO!
After pointing out how ridiculous these Lunatic pseudo-theories and how they make White people look like morons.
JamestheJust GURU and spiritual guide – “Pastor” William Finck. A related site with “Pastor” Martin Luther Dzerzhinsky Liebestadt’s that was in the nut house for several years after being convicted of having sex with his little grandson.
“Pastor” William Finck – got 14-year in jail that gave him the opportunity getting darkly penetrated by dusky predators.
The Nut phedophile Liebestadt’s talks about his spiritual partner William Finck
“William Finck is one of the cutting edge Dual-Seedline Christian Identity scholars today, just as I’m the cutting-edge DSCI political pastor of today.”
Together they run talkshows.
http://www.originaldissent.com/forums/showthread.php?14071-Pastor-Lindstedt-on-William-Finck-s-Talkshoe-Radio-Program-28Dec09
Now, I ask you: How dumb you have to be too follow a those guys (thanks for exposing your connection to this nut phedophile Liebestadt ) “Pastor” Martin Luther Dzerzhinsky Liebestadt’s and a moron murderer “Pastor” William Finck
Both Anti-Christs with bizarre “theology” advocating the genocide slaughtering some 90% of White Americans.
these provocateurs main role is to weaken the Christian faith and the Church, to further destabilize the formerly Christian West.
Yeah Malcolm,
I exposed you and the fact that you do not represent CI. You also mentioned William Finck, who was could run rings around you on a stormy day and who was cleared of any charges by the state; lawfully carrying out his duties as a duly appointed peace officer; but later railroaded by the ADL because the criminal he was hunting down happened to be of a “protected class” (non-White). Then he was tried AGAIN by the federal government in direct violation of the Constitution against being tried twice for the same allegation.
You protect all of this and then claim to care about “your” kinspeople. You are a jew boy. You are a liar. You are a pervert. And you want the destruction of the White race. It is clear to everyone here. You are the only one who seems to think that you have anything worthy to post here, but you are making a complete ass of yourself. So continue posting JEW BOY. You make for good entertainment and you make a good case why Whites SHOULD arm themselves NOW.
This site is for Whites, which you are not.
Haven’t you got some children you want to molest? It is acceptable according to your Talmud.
u don’t waist your time,james. caryy on.
they are pathetic, especially “kevliarr”!
Guru William Finck -(14 years in Jail for Murder)“who was could run rings around you on a stormy day”.
Along with his comrade, Martin Luther Dzerzhinsky Lindstedt (The Nut phedophile), describe themself in the following terms,:
So we are interested in is building up a Dual-Seedline Christian Identity Church, into the White Man’s Racial Hate Religion. And yes, we will exterminate all the jews and niggers and beaners, but first we must exterminate the whiggers whites, the typical ‘white nigger’
Frankly, we intend to either skin alive whigger regime criminals or let them pleads guilty to the mental disorder of Piglice Testicle Eating
The goal of the CJCC/AN is to enhance the Great Tribulation to where ONLY 5 TO 10 MILLION Whites exist on the continent when Christ returns………
How dumb you have to be too follow a those two psycho guys “Pastor” Martin Luther Dzerzhinsky Liebestadt’s The Nut phedophile and a moron murderer “Pastor” William Finck
Both Anti-Christs with a new Racial Hate Religion, advocating the genocide slaughtering some 90% of White Americans.
these provocateurs main role is to weaken the Christian faith and the Church, to further destabilize the formerly Christian West.
Every one who follows those Dual-Seedline Christian Identity Psycho’s should be exterminated.
We are not talking about an intelligent, honest person nope, what we have here is a vulgar moron, who has become a threat to Whites.
Since I doubt that you are White or Christian,
So the above nonsense that you wrote above seems like the workings of the ‘mind’ of some mighty little man who nobody can trust to watch their back. You have taken the part of a deranged idiot.
As a result, you have not only done something that in a battlefield situation would have gotten you shot for cowardice and treason in the face of the enemy, but you have given aid and comfort to the enemy.
There is certainly much YHWH’s Law against idiots taking the part of stray delusional morons, wanting to rule over Christians.
You go against YHWH’s Law and YHWH’s Established Social Order and you will be driven out from among Christians as surely as the turning of the Earth. If you doubt it, then witness what happened to those who dared to censor White
These pathetic little men got a little bit of power and it went to their’ little heads, and they ended up cut off from Christians, from whence they did offend with their pathetic stupidity and abuse of power.
Malcolm, a.k.a. Marty Lindstedt, I am not going to get drawn into yet another long and BORING discussion with you on scripture, which you OBVIOUSLY know nothing about. You have been outed and that’s the important thing.
What we have here is a whigger, mud and jew revolt/coup.
However, it is a Jewish creation, and these fools and provocateurs have been very useful to the ADL, FBI, NSA, etc. as a straw man “domestic terror threat!” to justify violations of American’ and Canadians’ civil liberties.
You can’t actually make a new point, only provide an especially entertaining example of your madness, because you are not interested in sensible discussion, just regurgitate nonsense, you say the same things over and over, you quote out of context, you always end up making ad hominem claims and attacks
It’s madness to try to debate with madmen, since everything you believe or promote is based on Talmudic Jewish teaching and scheming.
You are the Anti-Christ, so you can just go and debate endlessly in Hell
None of us really know who Christ calls, or why, but if Christ hasn’t called them then they won’t last for long.
Malcolm,
Yahshua calls ALL the people of the White Adamic race. It was the White Adamic race who fell from grace and the struggle of his kind to gain his rightful place; IS the story of the scripture from beginning to end.
A lot of people don’t know how to be Christians.
Yeah, like those who think that Yahshua was a hippy peacenic and that a Christian blindly follows whatever their governments tell them; selfishly pointing out one or two scriptures taken out of context which supports their “do nothing” attitudes.
They are always acting like they think Christianity is supposed to be, usually based upon what they heard or read in a jew-book some jew wrote.
Which accounts for 99% of all Christiandom today, whose extent of “Christianity” is calling the Edomites, YHWH’s chosen, wearing nice cloths to some Baal worship every Sunday, where they can plunk their fat ass on a pew, listen to some tired old Baal priest fill their heads with fairy tales and then go home and live the way they want for the rest of the week! Oh, and let’s not forget, sending money to heathens, like voodoo murderous Haitians, while their White brothers and sisters in South Africa and elsewhere are murdered by MUDS!!! That’s “Christianity” today in a nutshell!
You seem to have the jew compulsion to want to tell the White Man what to do…
Now you are sounding like a jew I recently “outed” in Christian Identity, who was accusing me of the SAME THING, simply because I was telling him to watch his foul mouth. He kept claiming that I was trying to FORCE him to talk as I wanted him to talk, when ALL I was doing was pointing out scripture to him.
You equate talking and writing to FORCE, which is the most ridiculous (not to mention whinny) thing I’ve ever heard. Telling you what THE LAW is, is not FORCE. You’re either interested in what YHWH CLEARLY stated or you’re not.
You don’t trust the White Man to do what you want because you are not a White man.
Now, you’re just a liar. Pure and simple. You’re a liar. I am more White than you’ll ever be. I am also more Christian. (Not than non-Whites could ever be Christians in the first place)
You cannot understand YHWH’s Law and like a jew want to impose yourself upon Christian Israel means that you must have a jew or nigger in your genetic woodpile or are a terminal meat-whigger.
WHY HELLO LINDSTEDT! Showing your true colors again are you? How many white kinsmen are you going to upbraid and call for their DEATHS because they don’t agree with you.
You have been outed BOY! It’s not enough for you that you have been relegated to obscurity within CI; now you want to spread your JEW FILTH to other White forums!
BTW: I am going to reference THIS THREAD at the forum and have others come here and see what lies you are teaching now.
YOU are the one who calls for the death of the White man!
YOU are the one who doesn’t understand the commandments!
YOU are the one who wants the White race to go down without a fight; totally unprepared for the times ahead!
Luke 22:36
He (Yahshua) said to them, “But now if you have a purse, take it, and also a bag; and if you don’t have a sword, sell your cloak and buy one.
only few countries in europe allow guns,james.
as far as i know, one is switzerland and the other one is moldova.in these 2 countries u can buy/bear guns as in US.
in england you are not allowed to carry a kitchen knife. if they catch ya u go to hole.
Yeah, but they have to catch you Vlad.
Point is, when the SHTF, those who are armed will be glad they were. Those who simply obeyed the unjust laws will be dead.
I NEVER obey unjust laws. NOT EVER!
When I lived in England, I carried a pocket knife with me, especially when I went to London, and it wasn’t even half as bad as it is now.
SCREW the British Government. They are not the people and it is obvious that they are treasonous.
The British people (indeed all our White kinspeople) need to develop a new way of thinking. They must understand, for their own sake and for the sake of our race, that the governments of men are bought and paid for by the Edomite jews. Then they must weigh the laws of men against the laws of YHWH. Where their laws conflict with the laws of YHWH, the choice is clear. The laws of YHWH ALWAYS trump the laws of men.
Strike the root. Kill the jew.
The Law of YHWH allows everything not specifically forbidden because the Law of YHWH written on their hearts constrain doing this. Christian are inherently lawful People, not some jungle whigger seeking to get away with something, and thus needing a talmud and wannabe rabbis, to impose more and more pharisaical “thou shalts and thou shalt nots”, you deliberately ignore all this and insist that everyone must obey what you wish to impose upon us all. instead upon Christian freedom, you are really wanting to impose a despotism upon the Free Christian.
The Scripture says what it says. Those who insist upon adding, like pharisees, to what they think it should say, end up simply huddling with their own kind in the synagogue and putting each other in the dozens as to which one is the most righteous. The inhabitants of synagogues wind up being called jews.
You don’t know the first thing about what you are talking. Stop trying to tell others what the laws of YHWH state when it is obvious that you have no understanding. DEFENSE OF ONE’S SELF OR OTHERS IS IN KEEPING WITH THE LAWS OF YHWH.
Blindly obeying the laws of men is not. And claiming to love YHWH while stating that one must obey the unlawful laws of men, is nothing more than a coward’s refrain because he is too much of a pussy to defend ANYTHING; let alone others or the LAWS of YHWH.
Go hide under a rock. It’s the best place for COWARDS!
you deliberately ignore all this and insist that everyone must obey what you wish to impose upon us all.
I am not imposing anything on anyone. Now you sound like a paranoid schizophrenic, who would equate advice to force.
instead upon Christian freedom, you are really wanting to impose a despotism upon the Free Christian.
YOU ARE A LIAR! I am not the one imposing despotism. The British government is imposing despotism by allowing non-White; non-Israelites to flood into White Israelite lands in DIRECT violation of YHWH’s COMMANDS! The fact that you see it totally upside down is VERY telling on YOU!
The first thing it tells me is that you are ignorant of YHWH’s laws and should not be instructing others about them or lying about those who do.
You are the perfect example of a non-Christian who would stand by idly while you watched mud heathens attack you kinsmen. And you’d be arrogant enough to call yourself “good” in the process because you (Mr. Pussy boy) obeyed the laws of men.
Every Movement is full of little men wanting more than a little power that they cannot control, but want to try to do so anyway. They get on a tear, then they will run through your entire church ministry and there won’t be nothing much left of it quick soon after you are gone. So what you want to do is to groom a successor, and create a flock able to on their own resist not only wolves, but the lesser predators.
A lot of people don’t know how to be Christians. They are always acting like they think Christianity is supposed to be, usually based upon what they heard or read in a jew-book some jew wrote.
None of us really know who Christ calls, or why, but if Christ hasn’t called them then they won’t last for long. If Christ has called them, you cannot abrade or sunder their lifeline.
You seem to have the jew compulsion to want to tell the White Man what to do, and to channel Christian Identity into pharisaical talmudism based upon what unknown people with a propensity for lying and subterfuge claim that they want and what they feel is right.
You don’t trust the White Man to do what you want because you are not a White man. You want to enslave the White Man in your laws and chains and live off the White Man as you live amongst the White Man. Is not such the inherent nature of a jew, you simply worship jewrself and have nothing to do except bother the rest with your own talmudic interpretation of Scripture,
You cannot understand YHWH’s Law and like a jew want to impose yourself upon Christian Israel means that you must have a jew or nigger in your genetic woodpile or are a terminal meat-whigger.
So stick your talmud up your ass, jewboi, and leave the White Man be. Real Christians will not lose favor with YHWH.
I carry a Para Ord LDA 1911 .45 in my car, and a Taraus .25 auto in my pocket. Day nand niight. F*ck a bunch of pocket knives. Respectfully, Slobo
Yeah but I was in London at the time Slobo. In the US having a gun is a RIGHT that shall not be infringed.
Actually it is a RIGHT no matter where you live, but the Brits and much of Europe freely gave up that right and now they are either going to have to SEIZE that RIGHT (whether the government approves or not) or they are going to die.
It’s coming. Mark my words.
Correct JTJ. What I don’t understand is this, where will the brave who do stand up to “take back the right to possess a firearm”, have the time to legislate the right back through the courts? Britian perhaps may have a chance. But the EU is governed by whom? That governing body will kill any attempt. By the time the “right” is returned by the courts (if ever), there will be a mineret on every street corner in Europe! We in the USA have been fighting second ammendment rights on a federal and state level since 1968. I am not as elequent as you, but do you get my drift?
This is a message to all my European kinspeople especially the British:
You are like sheep being led to your slaughter.
Screw the laws of your nations! Arm yourselves by whatever means you can!
Do not wait. Do it now!
And when the shit hits the fan; go for the Edomite jews FIRST. Strike the root.
Steel is always good to store away, no matter what they say.
Better safe than sorry.
…Butter Knives…eh?
Arming youselves with what? Your Government took you guns away years ago. What are you going to arm yourself with? Pellet guns? Your current political and economical situation is exactly WHY your Government disarmed you in the first place. And you Brits let that happen! You even turned in your guns volutarily! I think you British people are truly f*ked up! Live Free or Die!
Yep Slobo, your fucking right, but some of us across the water in NI have hidden ours, fuck these English Wimps…. the get what they deserve…
The last decent and upstanding English ‘Man’ was Maggie Thatcher…
MORE GLOBAL STAGED BULSHT…JUST DON’T PLAY WITH THEM ….NO NO NO NO NO NO …ITS ALL STAGED..BOUGHT AND PAYED FOR…ALL CORPORATE MEDIA MIND CONTROLL….RISE ABOVE THE INFIGHTING…THATS WHAT THEY WANT…FKEM…COME ON UP TO THE TOP OF THE SHT PILE,YOU CAN SEE ALL THE FLYS UP HERE…..DON’T PLAY…