Labour’s Michael Meacher Will Not Speculate On His Speculations
THE overarching reaction to the banking crisis is that so few of our elected representatives have a clue about the money markets.
It’s not just Sarah Palin who is utterly ruderless, but also ambitious Michael Meacher, our Labour MP for Oldham West & Royton. This is what he writes in the Times:
For Labour to have a fighting chance at the next election, radical demands surfaced at Manchester for significant policy change. Not just a crackdown on short-selling, but action against speculators in general.
We must cut down on speculators. Go it? Now read on:
Not just providing local authorities with social grants to build 2,500 social housing units, but allowing them to borrow against their housing stock as collateral to launch a housebuilding programme for the 1.7m applicants on waiting lists.
So no speculation, but councils should borrow money against existing housing stocks. No, he didn’t want to run Bradford And Bingley; Meacher wanted to run the country…

September 29th, 2008 at 1:01 pm
Oh, for f*cks sake.
The plonker obviously doesn’t read Anorak…
September 29th, 2008 at 1:03 pm
language timothy!!!!
September 29th, 2008 at 1:07 pm
Sorry, Fully Secured Bank Funding Pigeon…
September 29th, 2008 at 1:18 pm
Meacher wants to be Prime miniwter - we are fucked
September 29th, 2008 at 1:21 pm
So does Boris Johnson.
Then we would have settled for just being f*cked
September 29th, 2008 at 1:23 pm
Not by Boris Johnson, I’m not…
September 29th, 2008 at 1:25 pm
Boris Johnson, the thinking mans Dubbya.
September 29th, 2008 at 1:27 pm
Mind you, he is about to be Terminated by Arnie. Boris if you are going to take the piss out of someone don’t pick an indestructible cyborg.
September 29th, 2008 at 1:28 pm
It’s that flag, isn’t it, Saul.
I told him he shouldn’t try and wave the damn thing around, but would he listen?
But at least he isn’t wont to wave his wand around, which is more than can be said for Sarah Palin…
September 29th, 2008 at 1:29 pm
http://uk.youtube.com/watch?v=6wrSUeDxBhg
September 29th, 2008 at 1:32 pm
at least boris is a laugh.
you can just see him fiddling about with a cloth and some pledge on the big red doomsday button cos it looks a bit dusty.
September 29th, 2008 at 1:32 pm
BO JO for Leader of the world.. I can’t stand the boring grey men and scrubbed pale blue women who currently inhabit the world of politics…. not a single personality cell between them. Even Dubya is entertaining by comparison.
Who would you have to dinner?
September 29th, 2008 at 1:34 pm
Call me shallow, but probably FHM’s top ten.
September 29th, 2008 at 1:39 pm
Oh good, we can all look forward to being blown to smithereens secure in the knowledge that all that bright red stuff called blood splattering everywhere is so much better than that boring grey and blue…
September 29th, 2008 at 1:48 pm
Since all a leader is is a figurehead, then why not go for the laughs…
September 29th, 2008 at 1:51 pm
The Lib Dems have already tried that one.
September 29th, 2008 at 1:53 pm
Russell Brand for Prime Minister!
Well, it works for me…
September 29th, 2008 at 2:10 pm
…then the speculators really would get f*cked….. and probably in their nightclub of choice…