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Austerity for the Poor, Record wealth for Kleptocrats, Governments, Corporate and Bankster Buddies

Austerity, the excuse of the rich and powerful to squash the poor, whilst blaming them for the losses of the rich gamblers and simultaneously making themselves even richer than ever.

Keiser Report Episode on ‘Bondzilla’ and interview with ‘Scriptonite’ (downloadable)

Max Keiser and Kerry-Anne Mendoza, otherwise informed blogger activist ‘Scriptonite’ covers a lot of related areas of UK ‘zombie’ economy. Bond market in first half and interview in second half from 12:30. In the style of tongue in cheek humour of the show, even water cannon for UK government to control the masses and crowd sourced ‘People’s water cannon for the peoples defence and water balloons, duel purpose to support fire stations closed down. Plus as always for the show,underneath an  in-depth understanding of real world economics. A lot of issues highlighted during the humorous banter.

In Max Keiser and Scriptonite ‘Peoples Water Cannon’, in tongue in cheek humour they debate whether to buy one of the many UK fire engines scraped sold off cheap to convert to a people’s water cannon on the cheap in Austerity Britain:

Crowd-sourced People’s Water Cannon in response to UK buying water cannon to control austerity protesters:

London Arms Race As Protesters Crowdsource To Buy A Water Cannon To Take On Boris Johnson

Max Keiser and Russell brand discuss the legalised extortion of the poor in UK and the apparent fraud immunity by “loan sharks” Wonga being a big Conservative party donor

“Max Levitas, Anti-Fascist Campaigner”

Above article describes how he fought UK fascism before WWII, when elements of the establishment including Mosley’s ‘Brown shirts’ fascism was accepted by some of the establishment at the time.

Austerity Protesters in London (June 2014) sing an Italian anti-fascist resistance movement song that has come to represent international solidarity in protest against oppression in many countries around the world, Bella Ciao:

Francesca Martinez gives an impassioned speech for the disabled and poor suffering in Austerity Britain

Russell Brand speaks before mass crowd in central London and puts on Fire Brigade Union t-shirt in support of fireman’s protests at UK government cuts

Owen Jones speech at people’s assembly

Speech at People’s Assembly by Caroline Lucas: “Stop punishing the poor..End this cruel and counter-productive Austerity..”

Guardian article, an estimated 50,000 Austerity protest march through London

The Huffington Post: “Russell Brand Calls On 50,000 Protesters To Stage ‘Joyful Revolution'”

Russell Brand comments to Russia Today journalist on lack of UK mainstream media coverage of the protest. He says: “”if people knew what was happening they wouldn’t tolerate it… Ignorance is a necessity ingredient for oppression…we are unifying

For further pictures and Tweets of Austerity Protest in London (June 21st 2014) link in this blog: Austerity Protest in London (June 21st 2014)

A simplified account by ‘Ripped-off Britons” Guardian blog, of how austerity is used economically to disadvantage the poor and eventually even middle incomes, with rich getting richer and inequality increasing. Whilst it presents this situation up to 2011, with much of the source data in 2010. If a more up to date figures were included to recent statistics, the situation for mortgages for instance would be much worse as house prices have no surpassed the 2007 housing bubble, unties and the cost of essential have rocketed and wages of low paid have fallen whilst higher paid have risen and many more in work are paid less than full time minimum wage, along with benefits falling due to cuts in benefits, such things as Bedroom Tax and charging council tax even when the only source of income is job seekers’ allowance etc.. Also the highest inflation of essentials hitting the poorest hardest, offset in official figures by the cost of more luxury items falling or not changing as much proportionately, thus inaccurately skewing official inflation figures too with essentials being most important to anyone trying to just trying to survive on what is a meagre amount, near the very bottom level of benefits in the developed world, also amongst low paid amongst the lowest pay in the developed world. Inequality has vastly risen from 2010 to 2014:

“”If it isn’t hurting, it isn’t working”. How Austerity worked for the few by hurting the many”

Article illustrating how different forms of taxation and expenditure as a proportion of income and disposable income vary according to wealth for the poor:

Welfare Myth Three – The Poor Don’t Pay Taxes

Article recommended in above provides a good illustration and explains clearly the underclass poverty trap that exists and is in the course through benefit changes in and out of work, of being intensified in modern day UK:

BERNADETTE HORTON examines just some of the effects of the coalition’s hated austerity agenda

As worker rights diminish, wages of low to middle fall, whilst rising for higher paid executives, along with a pool of mass unemployment and semi-employed flexible workforce, combines to make UK falling living standards and fewer opportunities for poor to mid incomes. The demise of the unions has also added to the fall for those nearer the bottom, with knock-on effect for those nearer the middle too, whilst those at the top have gained, hence a dividing society with widening inequality:

UK needs its unions to avoid joining US in stagnating real wages mire

UK is winning the race to the bottom in the developed world, taking it close to competing with the Third World, however this is not good for low paid and no paid poor masses in UK.

High paid politicians cannot be bothered turn up for poor and disabled in UK:

or Spain:

The Socialist Way Blog

Some points to ponder in the blog item above, by ‘The Socialist Way’ regarding the 50,000 austerity protest in London in June 2014. Credit is due to the hard work of organisers and people taking part, to all those who made real effort and are doing it with the best intentions, to try to help and save the poor suffering real oppression in UK today. But there is much more to do, people are suffering, unless a big movement with good people can really move people by peaceful means, if it can’t do that in time, the risk of a real breakdown of society is very high and with resultant chaos, factions, a divided nation. Government/media hate propaganda fuelled, could lead to uncontrollable dangerous results for victims of austerity as well as wider society.

There is still hope of a development of unity to  fight austerity, to support those in need, not to abandon or scapegoat, but to fight the false ideology of austerity and the real villains at the top, breaking society up for their own relentless greed. Trouble is it is still too little and rather late. If Austerity for the poor carries on unabated and even worse if it is  intensified, then the type of protest of a peaceful party for unity for good type of atmosphere at the June 2014 event, may not be so positive in inevitable protests, but more confrontational. The choice is either there can be a society that cares, a more equal one, or the country and countries will suffer the consequences of societal breakdown.

30 Year War, by Manic Street Preachers

30-year War Lyrics (Official Manic Street preachers website)

Manic Street Preachers – Futurology website

Ongoing blog item that can be added to and updated as appropriate

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Austerity Protests

People’s Assembly is a group of activists and speakers from different parties and organisations,mostly on the left in the UK, opposing the cuts that come from the right of politics and affect the poorest the most, but also mean a poorer provision of public services for most of the country, except for an elite few who can afford to pay for private services.

Chomsky on The Occupy Movement:

Noam Chomsky: ‘The Occupy movement just lit a spark’ – video

People’s Water cannon symbolic protest introduced by ‘Scriptonite’ publicised by Max Keiser and crowd -sourced:

Ongoing blog item that can be added to and updated as appropriate


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UK Wealth Divide widens, with inequality heading for “most unequal country in the developed world”

Oxfam has issued a series of social media communications, coinciding with Channel 4 TV programme by Dispatches called Breadline Kids  highlighting the damning joint report Oxfam GB, Church Action on Poverty and The Trussell Trust:
Downloadable report (June 2014) ” Below the Breadline: The relentless rise of food poverty in Britain”:

Below the Breadline: The relentless rise of food poverty in Britain  on UK widening wealth divide and extreme inequality, absolute poverty and destitution for those at the bottom, with UK heading to become the most unequal country in the developed world.

Oxfam make some hard hitting comments that highlight the disgraceful situation for a country with such extremes of wealth such as the UK as one of the richest countries in the world. It is an organisation that has worked for the world’s poor for decades and often highlighted the unjust inequalities that have existed in the Third World, with the developed world often exploiting resources, whilst poor suffered poverty, disease, malnutrition and starvation. This situation has gone on for far too long. But for such an experienced organisation as Oxfam to have to highlight inequality and extremes of poverty now being experienced in the UK, shows it to be a totally unacceptable situation.

This report has comes out at a time when UK’s richest have become the richest ever, with a phenomenal increase in wealth since 2010, whilst a totally opposite decrease in wealth from those least able to loose what little they had, at the bottom of the ladder of UK society.

Article by Helen Barnard of Joseph Rowntree Foundation (JRF) on Breadline Kids &work of Oxfam and Church Action Poverty on poverty in UK 2014:

Breadline Kids- Families in Dire Need of a Real Child poverty strategy

Stresses caused by poverty include physical ones such as sufficient food and rising malnutrition in UK, but also mental ones with depression and suicide rising:

There is often a combination of physical and mental stresses too and by removing the welfare safety net, governments following these callous policies are multiplying distress, desperation and even driving people living in a modern world with all the media emphases on making money and praising materialistic wealth, with cost of living so high, even to just exist is now expensive, even driving people who feel they have nowhere to turn, to suicide.

Falling wealth of the poor has a profound effect on disposable income of the poor and the danger persists of a 1930s style cycle of deflation in terms of spending power of the poor, which is the real driver of the capitalist engine, not super salaries for owners of corporations, who spend most of their money off-shore in tax havens or in gambling on supposed investments.

When the financial system was collapsing due to greedy gambling ‘banksters’, countries around the world could have responded like Iceland. They could have rebalanced, changed their ways how they have exploited the poor, redistribute more fairly, with opportunities for better rewards for efforts of good things, not rewarding greed and exploitation of others. To deal with the effects of letting the banks collapse, without bailing them out, nations would have had to step in to safeguard people’s homes. But that is the only area that government spending would have been needed in order to protect the public, not the corporations, the recklessness of the gambling of banks and the culture of greed.

To pay for this, banks should have been held accountable and with austerity measures that would have been only ethically distributed according to affordability, with the financial means to cover these costs, i.e. top down and spread as fairly as possible, as Iceland appears to have come closer to doing. Everyone would have known why austerity was needed, that is it was due to gambling loses of the ultra-wealthy bankers and the failure of their system or as many economic commentators such as Max Kaiser and Stacy Herbert of the Keiser Report Max Keiser webpage and the Keiser Report refer to as a ponzi scheme, to governments over-reliance on the financial services sector of the economy.

Instead governments have not solved the collapse, they have chosen to bail out banks in full with the debt taken on far greater than supporting homes and mortgages of banks that would have collapsed, instead they’ve taken on black holes of speculation debt, repacked credit default swaps and the likes, supported reckless on an unprecedented scale, with widespread. To add to the pain of the poor they have used austerity from bottom up, blaming the poor for the mammoth loses of the rich. Also the media and people in power making idols of the rich. They have used it as excuse to extend neoliberalism and old style empire of gentry and peasants, slaves.

The Victorian times were one of lavish wealth and splendour for the rich whilst the poor had no support, they starved and went destitute. Poor masses suffered diseases and risked their lives often shortened by extremes of poverty, masses were exploited. The Middle Ages too the nobles and peasants. This societal arrangement has never been fair, the poor have suffered and in every country where such wealth divides have existed, they have always fallen to uprisings due to oppression and suffering of the poor.

Some poignant comments from Oxfam regarding increasing poverty amongst a larger mass of the poorest in modern Britain:

Oxfam publication (June 2012) The Perfect Storm: Economic stagnation, the rising cost of living, public spending cuts, and the impact on UK poverty

The lie that food poverty is caused by bad choices

Following on from the excellent work of Oxfam in highlighting the seriousness of the increasing wealth divide and unacceptable levels of poverty in a country that is regarded as one of the wealthiest countries in the world, the UK government appear to have responded by launching an attack on Oxfam because of anti-cuts anti-poverty campaign:

Telegraph article on UK government response to Oxfam

Oxfam response to UK government attack and to people who have attacked them in the mainstream media and on social media for defending the poor:

UK Government Conservative MP says on Radio 4 programme interview with Ben Phillips of Oxfam is inaccurate, this is untrue, he is inaccurate, with Orwellian ‘doublespeak’ 1984, as the government figures he refers to are highly questionable, with flawed methodology and validity:

Helping to Tackle Poverty and Injustice Isn’t a Matter of Left or Right, But of Right and Wrong

Sturdy Alex Blog “WEEKLY RANT: Bullying Charities into Silence”

Guardian: Oxfam’s ads target the source of poverty – the politics is not the point

Artist Taxi Driver message on Oxfam fight for poor & UK government response “they want to squash the poor”

The full video needs to be watched as the following is a sample from the video, just some of the points mentioned:
 “they want to squash the poor…racist vans…racially profiling people…spikes for the homeless, foodbanks…child poverty… selling of education… media propaganda against nurses and teachers…relentless..shows complete disregard for some of the most beautiful people in society…tripling of student fees…giving the kids, their future…privatise student loan book….help the poor by sanctioning them..they want to send bailiffs round their door…housing repossessions…..landlords running amok..cuts to legal aid..a legal system where only the rich can afford it/ George Orwellian 1984… forked tongue…nothing but cut every service…shipping whole of the public service into the hands of carper baggers…you don’t want to help the poor you want to help yourselves…the financial crisis the banks…recapitulation of the banks..about greed the taking over of people’s lives…fraud, theft, deception…City of London, the city of corruption..you all do the bidding for your masters…your politics are politics of hate..prejudice..fear..control society…most people trying to hang on to what they’ve got, trying not to get caught up in The Perfect Storm..just one illness one redundancy away from…doing all the care services cut, they want your bedroom..they want to crush you,, they want to use you, make money out of you..Oxfam advert should have been endless”

Many church denominations and faiths have joined in condemnation of governmental policies of poverty and austerity that cause hardship and suffering to those least able to afford it. There has been a deliberate and vindictive, politically motivated response to the global financial crisis by the use or rather excuse of “ideological austerity” as ‘Artist Taxi Driver’ often mentions in his unique way expressing righteous anger and injustice, as a means to roll back the state to remove the welfare safety net that was built up following WWII. Around the world there is suffering caused by wars, poverty and in many cases both perpetuate and are used as excuses to pursue politics of greed, evil repression and oppression. ‘Haves’ of this world against the ‘have-nots’, gentry over serfs, nobility over peasants, plantation owners over slaves. It has gone on for centuries, it had improved, in the developed world, there was an ideal for the under-developed world too, but the cycle is going round again, because of powerful people steering it that way, division, inequality:

Poorest of the poor, UK doesn’t fare well, near bottom of Developed World:

The poor in Britain are among worst-off in Western Europe

UK unemployment benefit is less generous than Romania, Albania and the US

World ranking in Unemployment Benefit replacement rates

Source of OECD developed countries, unemployment benefit data: International Monetary Fund Working paper “Labour Market Regulations in Low, Middle and High Income Countries: A New panel Database

Aleksynska, M., and Schindler,. M (2011)

 UK unemployment benefit in 2011 ranked 46th out of 51 OECD countries.

Relative unemployment benefit rates compared to other OECD countries, excluding sanctions have fallen further since 2011, taking UK to the or very close to the very bottom of the developed world in terms of level of assistance given to people to live on whilst looking for work, which in turn makes it more difficult relocating for work. All in a society that is one of the most expensive to live in in the world and with a very large shortfall in living wage jobs available for unemployed or for very low paid in work, with in-work poverty also amongst the worst in the developed world.

The Golden 1%: Britain’s poor worse than ever

OECD report shows UK’s poorest fifth of the population are the poorest in Western Europe :

What would the neighbours say? How inequality means the UK is poorer than we think

UK poorest now on a par with poor of Europe’s Eastern bloc poverty stricken ‘Austerity’ countries:

Daily Mirror article: “Welfare cuts one year on: Now Britain’s poorest are on par with former Eastern bloc”

Max Keiser and Stacy Herbert in one of their broadcasts on macroeconomics:

… the financial bubbles, negative interest rates, banks loaded with toxic debt, credit default swaps, quantitative easing, austerity, unemployment, health care budgets cut…manipulation..fraud..libor…bonds…bad debts on books…global quantitative easing…austerity and suffering of lower 99.99%…deflationary spiral. Capital at expense of human beings…inflation for poor…debt based, not in terms of capital formation.. Planet debt…repackaged loans… Interest rate apartheid…

UK and major financial fraud:

The wealth divide is a phenomenon that is now taking place globally, in a post-capitalist/communist world of the corporate elite, and era of oligarchs, banks, with corporation and government corruption, a race to the bottom for the poor masses and the poorest made destitute with rising homelessness and abject poverty now even experienced in the developed as well as underdeveloped world.

Even worse, that this is being accepted rather than dealt with. It was always wrong that the rich and powerful in the developed world exploited the masses of poor in the third world, with war, famine, disease, starvation, that they allowed the poorest to suffer. Now they are allowing it to happen in the developed world, whereas such poverty, which is counter to the UN ideals as indicated in the declaration of human rights and Geneva Convention, with objectives and goals should be eradicated as far as possible all over the world.