Month: May 2016

I thought that market interest rates were set by central banks, via their duty as the lender of last resort, special deposits and capital reserve ratios.

At the Lewisham Deptford Labour Party meeting last night, there was a score draw, it voted to nominate the right wing slate, except Eddie Izard and voted to condemn the witch hunts and exclusions, and called for the reinstatement of our excluded comrade, Jill Mountford. Personally, I’d like to thank the small “caucus for justice” who switched sides to support Jill and due process.

I am preparing a blog on Labour’s Conference and don’t want to lose the following words: we need to abolish the NPF, reinvigorate our policy making and initiation, enhance the process with word class IT, and this is difficult. Look at Facebook, Digg, Slashdot & Reddit, non of which are great examples, but we need to solve the problems of continuous development, intellectual bandwidth and equity in funding policy development. Under Miliband, we continued as if in Government with shadow ministers spending “Short money” on reviews, taking advice that reinforced their own prejudices; the result was on the whole mediocre and basically flushed down the toilet when the Party leadership took fear at the private polls over the winter of 2014/15.

#londonelects, are Labour doing so well in the GLA seats that their list candidates are in trouble?