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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:

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Posted: 29th, September 2008 | In: Money, Politicians | Comments (18)