RFT Express

The 1922 Committee Hijack

Mon, 07 May 2012 19:02:39 +0100

With the 1922 committee being mentioned so much lately, I thought it was appropriate that I resurrect an old post and rewrite it.

The 1922 Committee was formed in 1923 and is an 18-member executive committee of Conservative back benchers. The chairman oversees any election of a new party leader, or any vote of confidence in respect of the current one. A vote can be triggered by 15 percent of Tory MPs writing a letter to the chairman asking for a vote of ‘No confidence’. The chairman has written to Cameron informing him that they expect to have the required number of votes by Christmas for a vote of no confidence.

This process was last used on 28 October 2003, when 25 MPs requested a vote of confidence in party leader Iain Duncan Smith by writing to the chairman, Sir Michael Spicer. Duncan Smith lost the vote the next day.

One of the Committees duties is to inform the Prime Minister of the mood of the party and the back benchers. Front Bench ministers and the P.M. can only attend by invitation.

However with so many new members of parliament starting, David Cameron sprang a surprise attack on the 1922 committee, with the intention of weakening it. He proposed that Front benchers [Ministers] could also sit on the committee and vote. The Committee is also responsible for setting up select committees to hold ministers to account.

The new members were told by the P.M. David Cameron "I profoundly believe that having a single party meeting, bringing the party together, is the right thing to do, and the Chancellor George Osborne said "The idea is this, that we behave and act as a single party, front bench and back bench."

Osborne also said the new Conservative MPs he had seen were "very enthusiastic about what lies ahead" - about strong, stable government to "improve our country for the better". Of course the new M.P.s accepted what they were told, the committee members weren’t told until 10 minutes before.

Conservative colleague Peter Bone said: "We had no notice of this, there was no debate and the vote took place hours after it was announced, no trade union in the country would be allowed to get away with that practice." He said it was "fundamentally wrong" because the new Conservative MPs would not "understand the issues" and had not "been given any chance to hear the views of different people on this".

Backbench MP Bill Cash also complained there had been no discussion about the move before it happened. He told the BBC on Wednesday evening "I heard about it, candidates for the chairman of the 1922 Committee only heard about it, ten minutes before the meeting."

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Tags: Hunt in Sleaze Allegation Jeremy Hunt Fiasco High Taxes UK Economy Up or Down? MPs Disclosures Camerons Openness? What did Cameron Know?

Which Way Will the UK Economy Go?

Sat, 14 Apr 2012 09:55:11 +0100

Mixed Signals on Economy

Which way will economy go?

We are receiving mixed signals concerning the economy for this coming year. For the first time throughout the last decade, it is virtually impossible to call which way the economy will go.

A colleague attended a trade show in the U.S. and he returned with the news that a considerable number of U.S. companies were looking to expand throughout the U.K. this year

Within the fashion logistics front, which represents 70% of RFT’s business, the picture was even more confusing; RFT’s European clients, who exhibited during London Fashion week, reported that it was ‘hard’, particularly those from France, Belgium and Italy, while the German exhibitors said it was ‘so-so’. Not a very good response for top end designer fashions. The U.K.companies we took to exhibit in Paris recorded significantly better response.

What was surprising, the U.K. companies we took to the N.E.C. about the same time as Fashion Week, their response was ‘Great’ ‘Fantastic’. Businesses were selling mid range outdoor and sports clothes, and exhibiting in non fashion shows.

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Tags: Will the Euro collapse : EU in Crisis : EU Problems : Austerity for Years : Austerity - The Answer : UK Isolated : EU and UK Econony:

UK Coalition Smash Another Record

Sun, 12 Feb 2012 18:52:35 +0000

ConDems smash another record.

You'll most certainly remember during the election when labour referred to the countries borrowing was £156 billion, the conservatives reported they had been lying, thinking that the true figure was really £185 billion.

When the Conservative headed Coalition actually gained power the correct figure was £156 billion, which according to the ConDems appeared to be the highest amount on record. We heard how the ConDems found black holes, on a weekly basis they discovered extra black holes, but like most black holes, there was absolutely nothing in them. And still the debt stuck at £156 billion, and still falling.

The ConDems already have accelerated borrowing to an incredible £1.04 Trillion.

The cost of all this detrimental pain the ConDems have inflicted on the electorate, in the name of it being fair, is a staggering net debt total of £1.004tn, which represents 64.2% of UK gross domestic product.

George Osborne said he is still on course to hit his borrowing target for the financial year of £127bn. The total borrowing for the year so far stands at £103.3bn. with still another quarter to go. With increased unemployment, and decreased growth, it is difficult to see how such a rash promise can be achieved.

The forecast by the OBR was that the ConDems would leave a debt of £1.3 trillion in 2015. The way the Condems are currently playing at politics, it could possible double to £2.6 trillion by 2015

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Tags: What a Tragedy : Social cleansing : Millions in Poverty : Job loses : Highest borrowing For years : Will the Euro collapse : EU in Crisis : EU Problems : Austerity for Years : Austerity - The Answer : UK Isolated : EU and UK Econony:

The Coalition

Tue, 20 Dec 2011 10:16:05 +0000

The UK has a coalition government, which nobody voted for and nobody wanted, except the coalition themselves. They are currently running the nations debt up to an expected £1.3trillion by the time there is a general election. As you may remember, one of the first things this coalition did was to pass a law which meant they will be in power for 5 years.

But because of the way they have driven up inflation, lost all the growth the previous government built up, and put more people out of work, we will be suffering the Austerity measures for the next 10 years.

A coalition is supposed to bring together two parties for the good of the country, but unfortunately we have two parties who are more interested in wrecking the country, and getting as much T.V. and press coverage as they can.

The conservatives have now started a whispering campaign against the Speaker of the House. He is the person who is supposed to control the behaviour of the M.Ps, usually it is the Conservatives who cause the most disruption, who are still disgruntled over their expense fiddles being curtailed.

One conservative MP swore at the Speaker, something that cannot be repeated in this blog, or in civilised company. Osborne made the speaker “displeased” when he deliberately leaked the Autumn Statement to the press, before parliament was made aware of the contents. Osborne has leaked information on other occasions most prominent when he showed 35 lading companies his first budget, and asked for their approval, before he presented it to parliament.

I can appreciate the contempt the Conservatives have for parliament, Cameron can never answer questions from the opposition during Prime Ministers Questions, unless he uses misquotes. I can also understand their brazen attempts to curry favour with the press, they have to feed their vanity somewhere.

Wasn’t there some scandal about politicians being too close to the press? Not to mention the lobbyist, oops I did mention them.

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Tags: Will the Euro collapse? : What is a Coalition Government? : Correct Me

Sarkozy Threat to UK

Mon, 12 Dec 2011 20:01:13 +0000

Nicolas Sarkozy said “Britain will pay for this, and pay dearly”:

Sarkozy issued this threat after David Cameron used the veto against the proposal of closer integration between the member states of the E.U.

26 countries in the E.U.[17 members and 9 others] tried to form an alliance to try and correct the massive deficits, which has been threatening the E.U, for some time. Britain was the only country which didn’t join the other

Which leaves Britain isolated from Europe, and although Cameron says Britain will still be at the head table, and have an influential voice, most people are of the opinion that yesterday was the first day of Britain starting to exit from the union. Cameron failed to get protection for the “City of London” financial centre, the proposed 49 regulations that Europe is imposing on the city, and if Sarkozy gets his way many more laws will be passed by Brussels on the UK.

The E.U. agreed stricter measures on member countries over their deficits, but failed to address the main problem of where the money is going to come from to bail out the bail out fund. China and other countries expected to help, have backed off due to the E.U. failing to attempt to put its house in order until yesterday. Greece is the country worse off, with interest on their Government Bonds at an unsustainable record high of almost 30%.

Back home and Cameron’s Tory led Coalition is now further split over Europe. Many are complaining that Cameron has spent too much repairing splits in his coalition, while he let the country slip back into recession.

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Tags: Uk isolated ; Sarkozy threat : EU problems latest News : EU in Crisis : EU and UK Economies : The Economy : Unemployment Rising

The EU Problems

Fri, 09 Dec 2011 15:49:38 +0000

The ECB [European Central Bank] has decided not to help individual governments, but rather help the banks to ‘ring fence’ their accounts. That is to keep depositors money separate from the riskier investment side of their business.

There was speculation that the ECB may be preparing to increase its purchases of Italian sovereign debt providing Eurozone governments agree to tough new limits on their borrowing and on economic reforms. But Mr Draghi appeared to rule this out when he announced: "We have a treaty that says no monetary financing to governments."

This set back comes hard on the heels of Standard and Poor's announcement that they had put almost all euro zone countries on "credit watch". Meaning that six countries with top AAA ratings, including Germany and France, have a 50% chance of seeing their credit ratings downgraded.

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Scams: UK Governmant Warning

Thu, 01 Dec 2011 14:35:15 +0000

The coalition, short of good news, is warning the general public of a scam that has been going on for years.

There are sites which are charging users to access information on UK Government sites which is freely available to anyone. I understand that other English speaking government sites are also targeted, and presumably sites in other languages.

The sites charge either a one off fee, or a fee per search. These sites are gateway, or portal sites and look very professional, and although the Office of Fair trading is looking into these sites, to se if they are tricking people into paying for something they can get for nothing.

As most of theses sites are outside the UK , it would appear here is little the OFT can do.

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Tags:Stand and Deliver: Apple Devices: Smart Phones Scam

Christmas Sales?

Sun, 06 Nov 2011 09:47:11 +0000

Will Christmas bring big discounts in the shops this year? All the indications are that as far as the shoppers are concerned, we could have ‘Pre Christmas Sales’, ‘Christmas Sales’, ‘Pre January Sales’, ‘Winter sales’, and any other type of sale that retailers can think of.

Clothing normally distributed to stores is still in the warehouse, when normally at this time of year it has been delivered to retail stores and sold. Supermarkets are experiencing a drop in non food items, and customers going for cheaper branded food.

Understandably people are trying to reduce their debt on store and credit cards, all the time the nagging doubt in the back of their mind that they may lose their job tomorrow.

Utility bills are continually going up, as is the world population, currently now at 7 billion. People are living longer, and it is the younger generation who are paying for their pensions. All the money these pensioners paid the government over the years for their pension has been spent by the government as soon as they get hold of it. Which is why the private sector are annoyed at having to pay more to get less pension, because they know their money will go straight to the Treasury.

Most people have had a pay freeze or reduction over the last 3 years, with inflation and rising prices, they have to cut back on something.

Manufacturing and house building are both on the decline, with the government only just waking up to the fact because they have thrown so many people out of work, they are not getting the tax revenue from them. Instead they have to pay them benefits. [Standard Tory policy which has never worked for the country, only big business and banks]

The government have made some belated half hearted attempt to restart the economy, too little too late.

The EU doesn’t have a strong leader, in the last depression it was Gordon Brown who took the lead in Europe, and convinced the world to support their banks. David Cameron has lost all that respect that Gordon Brown had created for Britain. With Cameron failing to impress world leaders when he first came to power, his attempts now to exert pressure in Europe is met with hostility, his continual preaching of how he has reduced debt in the UK and his insistence that they should create jobs, even though he hasn’t.

Gordon Brown was in line for the top job at the IMF [International Monetry Fund], but Cameron swore he would block him, and vote for the French candidate. Mind you Gordon Brown did deride Cameron a lot in the House, mostly on Cameron’s lack of understanding on economics and government. Gordon Brown with his influence in Europe and his understanding of world affairs and their economies, had he been appointed head of the IMF which was a foregone conclusion, the EU would not have been in the position it is now, and the UK wouldn’t have to suffer the embarrassment that Cameron generates.

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UK standard of Living

Thu, 27 Oct 2011 19:33:05 +0100

The EU are struggling to find an answer to the EU crisis which is now affecting the world recovery, and in effect could put the world back into recession if they get it wrong. Greece is expecting to have 50% of the bail out money they have already received written off, and a much larger loan given for it to survive, with possibly more to follow.

The European banks are being asked to write down the Greece loan by 50%, while at the same time being asked to lend more money to Greece.The Euro banks are being strengthened by around one trillion Euros. Italy is expected to need more money than any other country, their parliament have been dragging their feet and have had difficulty agreeing austerity measures. Spain and Portugal are also expected to need bail out funds. France is worried about the possibility of loosing it’s triple ‘A’ credit rating.

The NHS

The NHS Bill is still with the House of Lords, the coalition have had to continually alter the bill due to public opinions and the upper house rejecting it. What has been the main stumbling block, is the fact that the coalition won’t accept responsibility for their bill. An organisation as big as the NHS must have a head, steering this giant in the right direction. Traditionally this has been the Minister of Health, but Andrew Lansley the current Minister for Health, and the creator of the changes won’t stand behind his proposals as other Minister For Health have always done.

Does that tell you something?

Millions of UK Children live in Absolute Poverty

Fri, 14 Oct 2011 13:27:54 +0100

With the shocking news that almost 1 in 4 UK children are living in poverty, an announcement that unemployment has risen in the three months to August by a staggering 110,000, reaching 2.57 million, the highest figure for 17 years. This figure includes almost 1million young people, the so called ignored generation.

The IFS stated that in 2010, 2.5 million children and 2.1 million working-age parents were barely surviving in "absolute" poverty.

The news that approximately 1 in 4 children live in poverty in the UK is horrific , the IFS expect another 600,00 children will be pulled into poverty by the governments inaction during the next 2 years, altogether 3.1 million children will be living in “absolute” poverty by 2013 , along with 2.5 million working-age parents and four million working-age adults without children. By 2020, the IFS is projecting there will be 4.7 million working-age adults without children in absolute poverty.

According to a report from the Institute for Fiscal Studies, falling incomes will mean the biggest 3 year drop for middle-income families since the 1974-77, following the oil crisis and included a sterling crisis, with the IMF bail-out and industrial unrest during John Major’s premiership with the Conservatives in power.

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