Friday 16 September 2011

A Truly False Moralistic and Condemnatory Rhetoric From Frances Maude!

As Frances Maude sets a collision course with the public sector unions and the coalition government it is worth taking a look at what at the background of this Tory minster who has serves in both the Thatcher and Major governments and even more recently during his time in the shadow cabinet formed a key figure in the Deregulation Task Force just before the financial crisis!  However Mr. Maude has railed against irresponsible lending by banks and mortgage companies! But was accused of hypocrisy for receiving more than £100,000 as a director of a company that has profited from sub-prime mortgages; sub-prime means making loans to people who may have difficulty maintaining the repayment schedule. These loans are characterised by higher interest rates and less favourable terms but with the lour of high profits for the bankers.  He is the son of the former Conservative Cabinet minister Angus Edmund Upton Maude who was educated at Rugby School and Oriel College, Oxford, so typical true blue Tory there. Currently his personal net wealth is estimated at £3m. Despite this, during a discussion on Newsnight on 22 October 2010 he argued that a 5% cut to his £65,738 salary was equal to the 'pain' suffered by Britain's poor! During his time as the shadow minister for the cabinet office, he attempted to claim the mortgage interest on his family home in Sussex. This arrangement was rejected by the Fees Office. Two years later, Mr Maude bought a flat in London a few minutes walk from a house he already owned. He then rented out the other property and began claiming on the new flat. The taxpayer has since covered at least £35,000 in mortgage interest payments. Now against this background Mr. Maude will now arrange for an attack on the unions and their public service members for not moving into the real world on pensions and terms of conditions. This will of course help to shift the focus away from the government and the flat-lining economy we currently have. It’s a strategy of divide and rule; setting private sector against the public with the same old faces at the top picking up the financial rewards year on year. It’s the same select privileged group at the top who reap the many and varied financial rewards but as usual the people at the lower end of society are used as cannon fodder to clean up the after mess of the banking crisis. The unions will have to smarten up for this fight, the spectra of a News International Fox News channel may have receded for now but the spin of this Tory lead coalition could manage to shift and deflect so much onto the public sector unions. People have forgot about the birth of Trade Unions and why the Cooperative was setup. Less than a 100 years ago we were subjected to dreadful working conditions with virtually no schooling for our children and the NHS was a dream what many though would never be accomplished. I just wonder if we are slipping back into these dark old days as we watch our aspirations and horizons slip away and once again foreign travel will be the remit of the wealthy.

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