Monday, February 9, 2009

Anti-Corruption Group Calls for Investigation of Jacqui Smith

The Centre for Open Politics has written to the Parliamentary Commissioner for Standards making a formal complaint regarding Jacqui Smith’s expense fiddles:

Jacqui Smith Complaint to Parliamentary Standards Commissioner

Interesting dilemma: if there is any question of a police investigation of her “Obtaining by Deception” under the Fraud Act, she would have to resign as Home Secretary.

Sunday, February 8, 2009

Labour Sleaze : "Second Home Secretary" is on the Take

The Mail on Sunday has caught Jacqui Smith, the Home Secretary, fiddling her expenses to the tune of £116,000 – bang to rights.
  • She claims her “main home” is the one she stays in when in London – except it belongs to her sister.
  • She claims her “second home” is the home she owns in her constituency. However her own official website says she and her family live there.
Her SpAd claims “It has been cleared by the Commons Fees Office.” The Fees Office don’t clear anything, they take an “Honourable” Member’s word. The property records indicate sole-ownership of the property she claims is her “main home” is in her sister’s name. If she is in fact merely lodging with her sister, who is pocketing the taxpayer’s £500-a-week tax free? Can we have a Home Secretary who steals £116,000 from the taxpayers?

UPDATE : Don’t forget her husband is also on the payroll (£40,000) doing “research” – when he isn’t sending letters supporting her to the local paper – without mentioning his financial and marital relationship.

Monday, February 2, 2009

Make Blunkett Happy

David Blunkett is campaigning to return to the cabinet for the use of yellow buses for schools.

Why don’t we just tell him his campaign has won and make the old guy happy?

UPDATE : Well fancy that, Guido only intended to make a jokey comment and the co-conspirators in the comments pointed out he is paid £25,000-year by a bus company. What do you bet they want to get into the yellow school bus market?

Thursday, January 29, 2009

+++ Source : Conway to be Fined +++

This will be the second Standards and Privileges Committee report (due at 11.00). Derek had to repay money given to Freddie, this is in respect of his other son Henry.

Why isn’t he being charged for fraud?

UPDATE 11.00 : Ordered to re-pay another £3,757 paid to his son. A small fine. and ordered to write a written apology. Not really proportionate to the amount that was defrauded, is it?

Thursday, January 22, 2009

Expense Cover-Up – What Really Happened

Margaret Beckett was embarassed on the BBC’s Daily Politics yesterday after PMQs, by vehemently insisting it was clear the Prime Mentalist had just promised a free vote on the expenses Statutory Instrument. Beckett was all over the place and Brillo had some sport out of her discomfort.

In the morning at the Lobby briefing, Downing Street briefed that the expenses Statutory Instrument was to be a whipped vote, yet during PMQs Brown seemed to announce a free vote, until finally it was confirmed at the afternoon Lobby briefing that it had been withdrawn. Downing Street blames Harriet Harman in her capacity as the Leader of the House of Commons.

Guido suspects that the return to a dithering shambles in government spin owes something to the “deputy PM” Lord Mandelson being in India trying to smooth over the mess left by Miliband – though the Indian PM is refusing to meet him in a deliberate snub.

The mySociety organised online campaign against the MPs expenses cover-up saw 90% of MPs contacted by voters opposed to the move. Thousands were mobilised very quickly. Despite this a back room deal was still all set to go ahead until Dave vetoed it.

Shadow Leader of the House Alan Duncan now claims that the Tories rejected the moves on principle, it is fair to say that on this issue Cameron has “got religion” and thinks the old ways are finished. (The LibDems have always been sound on transparency.) However an old school axis of expense fiddlers exists which is cross party. Tory bed blockers and Labour backbenchers all have a highly developed sense of entitlement to pocketing the taxpayer’s money. This particular alliance with Labour, quietly sorted out by Sir Michael Spicer, chairman of the 1922 Committee, in his capacity as shop steward for Tory MPs had agreed a nod and a wink deal with Labour to get the motion passed. Cameron scuppered the deal when he ordered that all Tory MPs be whipped to vote against it. Brown only U-turned after it became clear that the deal was off.

Friday, January 16, 2009

If They Have Nothing to Hide, They Have Nothing to Fear

Whatever your views as to the rights and wrongs of another runway at Heathrow, Guido can see no reason why it should not be discussed in parliament. John McDonnell’s constituency will be blighted by the project, schools will be closed, green acres will be lost, homes will be demolished.

These pictures of McDonnell picking up the mace were not originally* broadcast and have come out from the raw video feed – much to the annoyance of the parliamentary authorities. Why the parliamentary authorities think it is up to them to censor what the people see going on in their parliament is beyond Guido. They work for you, the workings of parliament are not for them to reveal when they choose, it is the right of the people in a democracy to see into the democratic forum. An open democracy does not hide its workings from the voters.

Elsewhere the parliamentary authorities are suppressing full disclosure of MPs expenses. Jacqui Smith has (without reference to parliament) given herself the right to read Guido’s email without a warrant, yet MPs in contrast are changing the Freedom of Information laws to allow them to obscure our view of their petty fiddles. There is no other credible explanation. They claim that it would be too expensive to account for all expenditure – try putting that on your tax return. Some MPs are taking it upon themselves to voluntarily publish ALL their expenses, some will not, draw your own conclusions. If they have done nothing wrong, they have nothing to hide…

*Guido stands corrected. It appears that the BBC has (online at least) put the video up. There was a row yersterday because under the terms of the contract drawn up by MPs the BBC is not supposed to broadcast this type of disruption.

Wednesday, November 19, 2008

Paul Flynn Loses Allowance Over Rude Blog

Paul Flynn’s blog has occasional gems, such as describing Peter Hain as a “shape shifter”. The parliamentary authorities have withdrawn his allowance because it is partisan. Given that if blogs are boring and non-partisan no one reads them, isn’t it a given that they should not be funded by the taxpayers? John Redwood pays for his out of his own pocket. So should the rest of the troughing politicians.

Friday, October 31, 2008

Taxpayers Want Politicians to Share the Pain

The Fink had a go at punk tax cuttersyesterday despite always claiming that he is in favour of lower taxes (in the long term) – it is just that those pesky voters don’t believe politicians who promise them – so don’t promise tax cuts – is his argument. Well a new poll from ComRes suggests he is wrong and that if a credible politician made a credible promise, it would be popular. It found that:

  • 67% of people now think we are paying the price for government overspending.
  • 59% of people agree tax cuts would be a better response to the downturn than increased public spending. Only 18% disagree.
  • 68% supported an immediate and substantial cut in interest rates.
  • 67% agreed that Gordon Brown should take a 10% pay cut.
That last point is interesting, the Irish political class has taken a pay cut, why shouldn’t our rulers* follow suit? Share our pain, consider it pay for performance.

Incidentally, the ever energetic campaigner Susie Squire from the Taxpayers’ Alliance has uploaded her Ask the PM question for Gordon to answer next week:

*With the extended Christmas holiday this year, MPs will work fewer days this year than ever since universal suffrage began. Not as if we have any issues requiring politicial attention is it?

Thursday, October 16, 2008

Credit Crunch : Irish Politicians Lead with Pay Cuts

Hopefully this is another Irish example that will be followed here. The Irish President Mary McAleese has announced that she will be taking a 10% pay cut in light of the current budgetary troubles. The finance Minister Brian Lenihan says he and his ministerial colleagues will also take a 10% wage cut. The opposition leader has instructed his party’s parliamentarians to take a 5% cut. The governor of the Irish Central Bank and Financial Services Authority has volunteered to also surrender 10% of pay. RTÉ’s top six executives are taking a “significant reduction” in pay. This follows the government’s announcement of a round of spending cuts as recession bites.

The Irish ruling elite realise that they need to show leadership by example in tough times.

Will British politicians follow suit? After all their pension’s profited from short selling. Will they get their snouts out of the hard-pressed taxpayer provided gold-plated troughs? Perhaps some of the senior executives at the BBC could follow the example of their counterparts at the Irish state broadcaster? They all want the bankers to sacrifice their bonuses, but don’t the Chairman of the FSA and the Governor of the Bank of England need to make sacrifices? It is not as if they have been brilliant at bank regulation. If they were all paid on a performance-related basis they should be losing 30% or more – the same as the stock market has cost pensioners…

Thursday, October 2, 2008

Evil Short Sellers Part IV – MPs’ Pension Funds

There was a little union sponsored demo in Birmingham against “Cameron’s cronies cashing in on the credit crunch” organised by Charlie Wheelan. Unfortunately they seem to have missed out on the biggest short seller of Bradford and Bingley. None other than his old crony Paul Myners’ GLG Partners. Brown’s favourite financier, donor and deputy chairman of the Smith Institute, as well as Gordon’s personal financial backer during the leadership campaign.
GLG partners declared to the FSA the largest short position in the market, the massive hedge fund profited the most from being short Bradford and Bingley before it went under. If Charlie’s dozen strong rent-a-crowd don’t fancy demonstrating outside GLG’s City offices they could try demonstrating outside the Guardian’s offices. Myners is also chairman of the Guardian’s holding company.

Labour has also taken £1 million from Jon Aisbitt, non-executive chairman of Man Group, Britain’s biggest quoted hedge fund group. Derek Tullet, who made his money providing derivatives broking services to hedge funds, also sent £400,000 into Labour’s coffers.

Guido has already pointed out that one of the LibDems biggest backers, Paul Marshall of Marshall Wace, is an evil short seller with no less than three of his funds on the FSA’s register of short sellers.

It gets even better, the FT has discovered that MPs’ own pensions are invested in a hedge fund manager, Quellos. Not only that, in addition the MPs’ pension fund also made money lending stocks out to hedge funds to enable them to short shares. The hypocrisy is huge here, they condemn short sellers publicly and yet they roll up the profits of short selling in their pension plans.


Seen Elsewhere

Why Newmark Story Was Not Fishing Expedition | David Banks
Longlist to Succeed Hague | ConHome
Newmark Nonsense An Excuse to Bash Tabloids | Spiked
Kay Burley’s Top Twitter Zingers | Buzzfeed
Why Tory Tax Cut Pledge is Good News | Allister Heath
ONS Admits Economy Stronger Than It Thought | Speccie
Cameron’s Concessions to UKIP | Nick Wood
#TM4PM: It’s On | Speccie
Path to Defeat Obvious for Both Labour and Tories | Rafael Behr
It’s Boris v May | Sun
Farage is Outflanking the Tories | Guardian


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cynic says:

Can anyone help me? I went on holiday a week ago and returned to find someone has pulled out the stake and Gordon Brown is back and acting as Prime Minister. What did I miss? Has there been a snap election?


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