Reform Uk Quotes

The repo market has since emerged as a crucial battleground of global financial reform. The market’s complex web of transactions is, in the words of Lord Turner, formerly a top UK regulator, potentially very risky because of the “cat’s cradle” of interwoven relationships it creates. Much of the sector has already been reformed, especially in the part known as the “triparty” repo market. There, regulators have largely eliminated the temporary credit provided to other banks by JPMorgan and Bank of New York Mellon, the two triparty clearing banks.

Once again the proletariat has discredited itself terribly. [Writing to Marx on November 18, 1868, following the victory of Conservatives lead by Disraeli in the 1868 UK general election first after passage of the Reform Act 1867, which enfranchised urban male working class)

What are your feelings from Bush to Obama? Besides being responsible for the death of half a million people, I feel like Bush dealt a huge economic and social blow to the USA, one from which we may never fully recover. He directly flushed 3 trillion dollars down the toilet on hopeless, pointlessly destructive wars in Afghanistan and Iraq …and they’re not even over! For years to come, we’ll be paying costs for all the injured veterans (over 50,000) and destabilizing three countries, because you have to look at the impact that the Afghan war has on Pakistan. Bush expanded the use of torture, and created a whole new layer of government bureaucracy (the “Department of Homeland Security”) to spy on Americans. He created Indefinite Detention (at Guantanamo and other US military bases) and expanded the use of executive-ordered assassinations using the new drone technology. On economic issues, his administration allowed corporations to run things and regulate themselves. The agency that was supposed to regulate oil drilling had lobbyist-paid prostitutes sleeping with employees while oil industry lobbyists basically ran the agency. Energy companies like Enron, and the country’s investment banks were deregulated at the end of the Clinton administration and Bush allowed them to run wild. Above all, he was incompetent and appointed some really stupid people to important positions at every level of government. Certainly, Obama has been involved in many of these same activities. A few he’s increased, such as the use of drone assassinations, but most of them he has at least tried to scale back. At the beginning of his first term, he tried to close the Guantanamo prison and have trials for many of the detainees in the United States but conservatives (including many Democrats) stirred up public resistance and blocked this from happening. He tried to get some kind of universal healthcare because over 50 million Americans don’t have health insurance. This is one of the leading causes of personal bankruptcies and foreclosures because someone gets sick in a family, loses their job, loses their health insurance (because American employers are source of most people’s healthcare) and they can’t pay their health bills or their mortgage. Or they use up all their money caring for a sick family member. So many people in the US wanted health insurance reform or single-payer, universal health care similar to what you have in the UK. Members of Obama’s own party (The Democrats) joined with Republicans to narrowly block “The public option” but they managed to pass a half-assed but not-unsubstantial reform of health insurance that would prevent insurers from denying you coverage when you’re sick or have a “preexisting condition.” The minute it was signed into law, Republicans sued in the courts (all the way to the supreme court) and fought, tooth and nail to block its implementation. Same thing with gun control, even as we’re one of the most violent industrial countries in the world. (Among industrial countries, our murder rate is second only to Russia). Obama has managed to withdraw troops from Iraq and Afghanistan over Republican opposition but, literally, everything he tries to do, they blast it in the media and fight it in Congress. So, while I have a lot of criticisms of Obama, he is many orders of magnitude less awful than Bush and many of the positive things he’s tried to do have been blocked. That said, the Democratic and Republican parties agree on more things than they disagree. Both signed off on the Afghan and Iraq wars. Both signed off on deregulation of banks, of derivatives, of mortgage regulations and of the energy and telecom business …and we’ve been living with the consequences ever since. I’m guessing it’s the same thing with Labor and Conservatives in the UK. Labor or Democrats will SAY they stand for certain “progressive” things but they end up supporting the same old crap... (2014 interview with iamhiphop)

George Soros "predicted" the 2020 economic crisis. As we all know Soros interfered with US, UK, and EU politics. Soros wrote many books on Globalization, he also wrote a book called "Reforming Global Capitalism." He also predicted the end of EU. Here we are, the world is facing the economic crisis due to the Coronavirus/COVIS-19. This make you think if is this a preparation or a prediction of the Reforming Global Capitalism/Globalization, is this the end of EU or the New World Order (NWO) is taking place?

In Britain, after the shock of the Brexit vote, many said they felt as though they’d woken up in a new, unrecognizable country. It was in that context that the UK’s Conservative government began floating a range of regressive reforms, including the idea that the only way for Britain to regain its competitiveness is by slashing regulations and taxes on the wealthy so much that it would effectively become a tax haven for all of Europe. It was also in this context that Prime Minister Theresa May called a snap election against her low-polling rival, clearly in the hope of securing another term in office before the public has a chance to rebel against new austerity measures that are the antithesis of how Brexit was originally sold to voters.