Since Corbyn’s policies are generally popular, they are a direct threat to the elite consensus, and three stand out in foreign policy. First, the idea of holding Blair to account under international law for invading Iraq will strike terror into the minds of the Foreign Office and Ministry of Offence. These people reserve the right to bomb the gyppos every once in a while and they are not going to accept the idea of being held to account for this.
The politics of Jeremy Corbyn, elected by a landslide Saturday to lead Britain’s Labour Party after its defeat at the polls last May, are part of the global revolt against corporate tyranny. He had spent his long career as a pariah within his country’s political establishment. But because he held fast to the socialist ideals that defined the old Labour Party, he has risen untarnished out of the ash heap of neoliberalism.
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All of us here at BSNews would like to heartily congratulate Jeremy Corbyn on his election as Labour Party Leader
One would hope that Cameron and Osborne fully understand the mechanics of modern money creation (although a recent survey by Positive Money shows 90% of their fellow MPs do not). Most of our money is created by private banks when they make loans. It doesn't have to be this way. Another world is possible.
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The capitalist class regards us all as nothing more than thieving scroungers, ever ready to skive if we are given half a chance. And it is not the payment of benefits that really irks the rich – it is the refusal to put our human capital – our minds and bodies – into their service that enrages them. How dare we not work to fatten their wallets.
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If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. . . . It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People.
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The ideas and vision that Jeremy Corbyn represents, for so long buried beneath a ton weight of Thatcherite ideology, have risen from their slumber and are now part of the mainstream political discourse again, breathed new life by thousands of young people who demand a real and humane alternative to the thin gruel that passes for reality today.
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People’s quantitative easing is instead a highly directed process where the debt that is repurchased has been deliberately created and issued either by a green investment bank or by local authorities, health trusts and other such agencies for the specific purpose of funding new investment in the economy at the time when big business and financial markets are completely failing to deliver the scale of investment that is needed to get the UK working again and to restore our financial prosperity.
The Greek government was thus broken Mafia-style at the knees, until it was forced to abandon its national sovereignty and watch its public treasures sold off piece by piece. Suspicious minds might infer that this was a calculated plot designed from the beginning to throw Greece’s prized assets onto the auction block, a hostile takeover and asset stripping for the benefit of those well-heeled entities in a position to purchase them, including the very banks, hedge funds and speculators instrumental in driving up Greek debt and destroying the economy.
Like Blair and the rest of the establishment, the Guardian and other corporate media claim their motivation is to preserve Labour's electability, rather than to attack any and all politics that stray off the 'centrist', 'modernising' path. In reality, it could hardly be more obvious that this collection of profit-seeking, corporate enterprises – grandly and laughably proclaiming themselves 'the free press' - is opposing a threat to their private and class interests.
