Posts Tagged ‘bankers’

Youth March For Jobs – 2009

Thursday, November 28th, 2024

Youth March For Jobs: Searching this morning for what to post I came across a piece I had written at the time about the Youth March for Jobs in London on Saturday 28th November 2009 and had forgotten about – and thought it worth sharing with you again.

Youth March For Jobs - 2009

This march was a national demonstration called by’Youth Fight For Jobs‘, an organisation founded earlier in that year “backed by 7 national British trade unions, the PCS, RMT, the CWU, Unite, UCU, TSSA and BECTU, as well as individual trade union branches, student unions and labour movement figures” to raise awareness and campaign for action over youth unemployment. I reproduce the text here (with just a few spelling corrections) along with a few of the many pictures I took at the event – you can find more on My London Diary.


Youth March For Jobs

Central London. Saturday November 28, 2009
Youth March For Jobs - 2009
Marchers make their feelings known at Downing St

I walked away from the Youth March for Jobs with a Polish man of around my age who had been watching the march as it came over Lambeth Bridge. “These people“, he told me, “do not understand what they are asking for.” I disagreed and we walked along the road talking. “I grew up under socialism, and there was no freedom. I couldn’t travel, couldn’t say what I thought…” he continued. We talked some more. He told me: “You weren’t allowed not to work; if a policeman saw you on the street not working he would order you top go to the job centre the following morning, and they would send you to a job.” We agreed that although we were against such compulsion, at least there was work for everyone, unlike here.

Youth March For Jobs - 2009

We talked more. About how terrible it was that there were so many young people that wanted to work, that were leaving school and university with qualifications but could not find a job. That the system here was all determined by money with no thought of the social consequences. That under socialism, culture had flourished, with arts centres and music supported by the state at a local level in a way that has never happened here, where Arts Council funding is directed at elites.

Youth March For Jobs - 2009

We went our different ways before I had a chance to tell him that the free education that these young people were demanding was something that my generation, born after the war, had taken for granted – along with the rest of the then new welfare state that our governments over the last 30 or more years have been cutting back on. Coming from a background that was economically scraping the barrel in a way perhaps hard to imagine today (but rich in some other respects) I would never have been able to attend university unless the state had paid for my fees and living expenses.

What we needed, we agreed before parting, was a system that combined both the freedom of thought and action we enjoy with full employment and a state that shows a real responsibility to support everyone, particular its poorest members. Actually something that many of the slogans chanted on the march were calling for.

A little under a thousand came to the start of the march outside the University of London Union in Malet St. Some were from around London, but there were also banners from Hull, Huddersfield, Birmingham and elsewhere. Many were students and most but not all were young. Many of the slogans chanted as they made their way through the crowded streets of Central London represented a disillusion with both the Government and politics generally:

Labour Cronies
Tory Snobs
Fight their cuts
Fight for jobs

but others were aimed specifically at Labour

Mandelson's a Tory
He wears a Tory Hat
And when he saw our top up fees
He said I'll double that!

Some contrasted the billions made available to rescue the failed bankers with the stringencies being imposed on students and the poor:

Gordon Brown, stop the rot
Give us what the bankers got,

Bail out the workers
Not the bankers!

The billions wasted on ill-conceived and probably illegal wars – currently the subject of yet another enquiry expected to state the clearly obvious – also came in for noisy and enthusIastic criticism.

What the marchers want is the right to education rather than it becoming a privilege for the wealthy, and for decent jobs. They oppose privatisation, which has so often led to lower standards, replacing a pride in work and a social responsibility by cost-cutting, minimum standards (often not achieved) and a loss of security for the workers with part-time working, short term employment and loss of rights and pensions.

The march halted for a few minutes outside Downing St, where, after a speech that only a few could hear as restrictive laws prohibit the use of megaphones in the area, a small delegation went to take a large petition to the Prime Minister, before continuing past the Houses of Parliament. I left the marchers as they crossed over the Thames on Lambeth Bridge on their way to their final rally.

More pictures at Youth March For Jobs.


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March on the City 2008

Thursday, October 10th, 2024

March on the City: On Friday 10 October 2008 several hundred anti-capitalist protesters, mainly students, took to the streets of the City of London to say “We Won’t Bail Out the Bankers’.

March on the City 2008

The financial crisis had started in 2007, but reached a climax with the bankruptcy of Lehman Brothers on September 15 2008 which precipitated an international banking crisis.

March on the City 2008

Wikipedia sets out the causes of the crisis in some detail, but essentially US banks had been allowed to make more risky loans by changes in US laws which loosened regulations and allowed banks to take part in high risk operations such as proprietary trading and investment banking.

March on the City 2008

In the US one result of this was the proliferation of mortgage loans to people on low incomes who could really not afford the repayments and eventually defaulted. The problems with ‘subprime mortgages‘ particularly given to many in minority communities in the USA came to a head as a boom in US house prices in the early 2000s was followed by a sharp drop in the value of properties which were the security for the loans.

March on the City 2008

As Wikipedia comments, “governments deployed massive bail-outs of financial institutions and other palliative monetary and fiscal policies to prevent a collapse of the global financial system.” This resulted in the widespread feeling that those who had created the crisis were being rewarded for their failures.

In the UK, the New Labour government under George Brown made a massive financial intervention, paying £137 billion to the banks in loans and new capital, some of which was later recouped, but leaving a cost of £33 billion. While some support was necessary to avoid a total breakdown of the financial system, many felt that the government should have taken a firmer line and that those responsible should have had to pay for their mistakes and not to seem to have kept their highly paid jobs.

Both Northern Rock – the first UK bank to fail in July 2007 and Bradford & Bingley were taken into public ownership, and RBS/Nat West into majority public ownership. But RBS still ended up costing us £35.5 billion – and the leading bankers still ended up getting huge salaries and big bonuses. The Royal Bank of Scotland seemed to be getting off scot free.

Part of the problems we still see in financial markets came from changes worldwide in the way that trading now takes place. In the UK Margaret Thatcher had brought in the ‘Big Bang’ which abolished traditional practices and introduced electronic trading, greatly increasing volatility.

On My London Diary I give a fairly full account of the actual protest which started at Bank where some protesters tried to storm into the Royal Exchange – long just a prestige shopping centre – and the Bank of England but were easily stopped by police.

There then followed a slow march around parts of the City, with police attempting to stop them at various points and the marchers pushing their way through police lines.

As my pictures show, there was some rather forceful policing at times and some of the press also suffered with the protesters. As I write, “I got a few bruises and my glasses were damaged when police rushed in as I was taking pictures in Lombard St.” But there was none of the confrontational use of trained riot squads that have led to extreme violence at some protests policed by the Met. Policing here was by the City of London Police – along with a guest appearance by one French cop.

Eventually there was a short rally with a few speeches on the corner of Bishopsgate and London Wall after which the demonstrators dispersed. Police seemed fairly relaxed at the end of the protest and I saw no arrests.

I don’t think the protest got much if any coverage in the mass media and most accounts I read on-line were confused, with many suggesting it went to the Stock Exchange. While that might have been a logical place to protest, the marchers actually went in the opposite direction.

March on the City.


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Against Worldwide Government Corruption – Free Asange – 2014

Friday, March 1st, 2024

Against Worldwide Government Corruption – Saturday 1st March 2014, ten years ago, saw a small but lively protest “organised, attended and led by people who are appalled at the present state of the UK and the world, and who are convinced that a better world is possible if we got rid of the greedy and corrupt who currently are in change – the party politicians and their governments, the bankers and the corporations, the warmongers and the spies.

Against Worldwide Government Corruption

Of course the world is dominated by the rich and powerful and the organisations they have set up and the laws they have established to maintain there domination, though these at least in some places also offer some protection for the poor and powerless. But I don’t really believe that protests like this offer any real hope of changing the situation.

Against Worldwide Government Corruption

But they perhaps do show us that another world is possible one with “justice and a fairer society, one that doesn’t oppress the poor and disabled, that doesn’t spy on everyone and doesn’t use the media and the whole cultural apparatus as a way of keeping blind to what is really happening.

Against Worldwide Government Corruption

It’s the kind of spirit that led to the emergence of the Labour Party and inspired many of its leaders even into my youth – and was in part rekindled by the rise of Jeremy Corbyn, propelled into the leadership of the Labour Party in 2015 by huge support from the ordinary membership. But Labour had long lost its way, its organisation and many MPs sponsored and supported by companies and wealthy individuals inherently opposed to its ideals and dedicated to the maintenance of the status quo.

Against Worldwide Government Corruption

The protest was a wide-ranging one, and on My London Diary I quoted at some length from the speech before the march by one of the organisers, Mitch Antony of Aspire Worldwide (Accountable System Project for International Redevelopment and Evolution.)
At the end of it he gave a long list of things the march was against:

We march against Global Government Corruption
We march against ideological austerity
We march against privatisation for profit
We march against the bedroom tax
We march against bankers bonuses
We march against the corrupt MPs
We march against state spying on the people
We march against state controlled media
We march against government misrepresentation
We march against warmongering
We march against global tyranny
We march against state sponsored terrorism
We march against the military industrial complex
We march against the militarisation of the police
We march against the suppression of alternative energies

Against Worldwide Government Corruption

The march got off to a poor start, as the advertised meeting point in Trafalgar Square was closed to the public that day, being got ready for a commercial event the following day. Not everybody who came found the new location – and there were aggrieved posts on Facebook from some who failed, though I think they cannot have tried very hard.

Police often find reasons to delay the start of marches, but these protesters were definitely not taking advice from them and set off on the dot at 2pm to march west to the Ecuadorian Embassy where Julian Assange was still confined despite being given political asylum.

On the way the several hundred marchers caused no problems and aroused some interest among those on the streets, mainly tourists. A misguided attempt by officers to stop the march on Piccadilly led to a sit down and was soon abandoned.

When they came to Harvey Nicholls in Knightsbridge some joined in the protest against the store by the Campaign Against the Fur Trade for a few minutes, and a crowd gathered around the main door shouting at this company that still deals in fur and fur-trimmed garments.

But soon people moved on to the Ecuadorian Embassy where Assange was still trapped. Police filled the steps to the building, guarding the door and stopping anyone from entering.

There were far too many people to fit inside the small penned area for protesters on the pavement opposite the Embassy. The protest here in support of of Julian Assange and Edward Snowden and other whistle blowers and over the continued refusal to grant Assange safe passage to Ecuador, continued for around an hour. Many of the protesters then saw the refusal as a personal vendetta against him by then home secretary Theresa May, but it is driven by a continual British failure to stand up to the USA.

Since then we have seen the continued persecution of Assange by successive Tory governments and his arrest and incarceration in the maximum security Belmarsh prison after a changed Ecuadorian government withdrew its protection. Attempts to extradite him to the US where he could be executed or given a 170 year prison sentence are continuing, and it seems likely he will die in prison either here or in the US for publishing material that made clear to the world the war crimes being committed by the US.

At the end of their protest in front of the Ecuadorian Embassy (it occupies only a few rooms on an upper floor of the building) marchers were leaving to go back to Westminster for another rally in Parliament Square, but I’d had enough and took the tube to make my way home.

More about the protest and many more pictures on My London Diary: Against Worldwide Government Corruption.


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Anonymous March to Parliament – 2013

Sunday, November 5th, 2023

Anonymous March to Parliament – On Monday 5th of November 2012 around two thousand Anonymous supporters met in Trafalgar Square and marched to Parliament Square against austerity, the cuts and the increasing gap between rich and poor, warning the government they need to change.

Anonymous March to Parliament - 2013

This was part of #Operation Vendetta, which they described as “a worldwide Anonymous operation of global strength and solidarity, a warning to all governments worldwide that if they keep trying to censor, cut, imprison, or silence the free world or the free internet they will not be our governments for much longer.”

Anonymous March to Parliament - 2013

Wikipedia describes Anonymous as “a decentralized international activist and hacktivist collective and movement primarily known for its various cyberattacks against several governments, government institutions and government agencies, corporations and the Church of Scientology.” The article also quotes their common tag-line “We are Anonymous. We are Legion. We do not forgive. We do not forget. Expect us.

Anonymous March to Parliament - 2013

Anonymous supporters or ‘Anons’ remain anonymous by wearing masks styled on those in David Lloyd’s illustrations, based on those used in London in 1605 by Guy Fawkes, for Alan Moore’s graphic novel V for Vendetta which features ‘V’, an anarchist revolutionary and superhero who dresses in a mask and cloak. In 2005 the story was made into a film and masks based on Lloyd’s drawings were mass-produced as merchandise for this, copyrighted by Warner Brothers who collect royalties on them, though there have been many pirated versions.

Anonymous March to Parliament - 2013

The complex story, written when Thatcher was prime minister and set in the near future is set in a Britain after a nuclear war in which the UK suffered little direct damage as a Labour government had renounced nuclear weapons and closed US bases before it broke out. But in the post-war chaos corporations and fascists hadtaken power and established a totalitarian state. In the story which begins on Guy Fawkes Night in London in 1997, V engages in a number of attacks against the regime, including on 5th November 1998 blowing up the Post Office Tower and it ends following V’s death with a general insurrection in which Downing Street is blown up by an Underground train carrying V’s body.

Of course there is no Underground line below Downing Street although there are underground tunnels below much of Whitehall and elsewhere in London some of which are used by police and security services. They were built 100ft down for communications cables during World War 2 and the network was expanded during the Cold War Era.

Across the world Anonymous has carried out a number of sometimes successful cyber-operations as well as launching real-world protests, particularly against Scientology and child pornography sites.

This protest in London called for an end to cuts in education, health and welfare and the end of ‘austerity measures’ that target the poor and vulnerable, calling on the government to tackle the causes of the problems, including the banks and tax avoidance and evasion. They also want freedom for the Internet, with respect for the privacy of Internet users and the dropping of the Communications Data Bill.

They also demanded the release of Internet activists who they say are political prisoners, including Julian Assange then still holed up in a London embassy, Richard O’Dwyer wanted in the US for alleged copyright infringements, and the “PayPal 14, Jeremy Hammond, Topiary and the 4 anons of the UK that will stand trial on November 7th.”

Although the Anons had stressed this was to be an entirely peaceful event the police were taking few chances and were out in force, perhaps reacting more to the events in the novel than the actual event they were policing.

The event itself as might have been expected was chaotic, and the movement from Trafalgar Square to Parliament Square was more a drift than a march. Police reacted angrily after the protests simply walked around a line of police trying to stop them were simply walked around and one officer clearly lost his temper at the insistent taunting and photographing by the activists, but police and other protesters soon calmed things down.

Banners were raised along the fence outside the Houses of Parliament, and one young woman removed her shirt to pose in her bra. The ‘heritage wardens’ tried to stop people using fire poi in the square but soon had to give up as more and more began to perform. Police tried without much success to clear the roads to keep traffic moving around the square, and a ‘Transport for London’ lorry managed to effectively block a junction to hold up the bus I was on for over 10 minutes after I had decided to go home. The protest apparently continued for several hours after I’d left.

More on My London Diary at Anonymous March to Parliament.


DPAC Trash The Tories – Maidenhead

Friday, June 3rd, 2022

DPAC Trash The Tories – Maidenhead
Back when the Tories got back into power with the support of the Lib Dems in the UK 2010 General Election they decided to launch a policy of austerity, making deep cuts in the services and benefits that enabled the less wealthy in the country to get by and lead decent lives.

DPAC Trash The Tories - Maidenhead
Paula Peters of DPAC argues with police as they block a road junction

The cuts they proceeded to make had relatively little effect on those in the better-paid jobs many of whom didn’t need or had opted out of public services such as the NHS and state education and didn’t live in public housing or working class areas. But in any case the Tories made sure these people were protected with increasing real salaries as inequality increased. The Office of National Statistics reported in 2020 “The gap between the richest in society and the rest of the population has widened over the 10-year period; the income share of the richest 1% increased from 7% to 8.2% between FYE 2011 and FYE 2020.”

DPAC Trash The Tories - Maidenhead
Theresa May – Weak And Wobbly

In particular, the government continued to bail out the bankers, despite it being the bankers who had precipitated the 2008 financial crisis – and in the longer term had been responsible for creating instability by creating and exploiting huge loopholes in the world financial system established after the war. It was of course British banks and the City of London which played the leading role in this, making London the money-laundering capital of the world with former colonies at the centre of offshoring and enabling after the break-up of the Soviet Union Russians to legalise their illegal plunder and become oligarchs, with a huge influence in the Conservative Party.

DPAC Trash The Tories - Maidenhead

But the Tories came in determined to cut benefits and in particular looked at the amounts going to support disabled people and enable them to live in the community. They thought wrongly that disabled people would be an easy target because of their various disabilities. They were wrong on two counts. Firstly because many disabled people had experience of having to fight for their rights and secondly because they greatly underestimated the wide support for them among the general population. Tories may not have a heart (and certainly many Tories have demonstrated this in recent years) but the general public do.

DPAC Trash The Tories - Maidenhead

At the centre of the protests by disabled people is DPAC, Disabled People Against Cuts, formed by disabled people after the mass protests against cuts in Birmingham in October 2010 had been led by disabled people. On its web site it proclaims “DPAC is for everyone who believes that disabled people should have full human rights and equality. It is for everyone that refuses to accept that any country can destroy the lives of people just because they are or become disabled or have chronic health issues. It is for everyone against government austerity measures which target the poor while leaving the wealthy unscathed. It is for everyone who refuses to stay silent about the injustices delivered by wealthy politicians on ordinary people and their lives.”

DPAC Trash The Tories - Maidenhead

On Saturday 3rd June 2017, five days before the General Election called by Theresa May, I joined DPAC for a protest in her constituency of Maidenhead. Her government was the first in the world the UN had found guilty of grave and systematic violations of disabled people’s human rights. Tory cuts since 2010 had 9 times the impact on disabled people as on any other group, 19 times more for those with the highest support needs. DPAC call the policies heartless and say they are starving, isolating and ultimately killing the disabled who the Tories regard them as unproductive members of society. Though it was the cuts, particularly the axing of the Independent Living Fund, ILF, which had stopped many making a real contribution.

DPAC Trash The Tories - Maidenhead

It was a fairly small group that arrived at Maidenhead station for the protest. Travel by rail is often very difficult for disabled people. Few stations have step-free access and there are often large gaps between train and platform. Rail companies do make an effort to provide support but this needs to be booked in advance and is sometimes unreliable. And rail fares are an expensive luxury for people on benefits – who may also need a taxi to get to the station.

DPAC Trash The Tories - Maidenhead

They paraded a straw effigy of ‘Theresa May – Weak and Wobbly‘ and a hatchet with the message ‘Cuts Kill‘ to the High St for a rally, with speeches, loud chanting and handing out fliers calling on Maidenhead voters to vote for anyone but Theresa May before returning to the station.

DPAC Trash The Tories - Maidenhead

Most other photographers thought the protest was ended and some had rushed to get the train back to London, and the police had largely gone away, but I knew DPAC from previous events and stayed with them, taking photographs as they moved to block one of the busiest road junctions in the town for around 15 minutes as police tried to persuade them to move.

DPAC Trash The Tories - Maidenhead

Eventually they did get off the road, just in time for me to catch a bus to start my journey home. I was sorry to have to rush away, but the next bus wasn’t for a couple of hours. I changed buses in Windsor and got off in Staines, walked along the road and put my hand in my pocket for my phone and it wasn’t there. At home I went to ‘Google Find My Device‘ and saw on the map it was still travelling on the bus all the way to Slough, where fortunately the driver found it and handed it in to the office and I was able to cycle there and collect it the following Monday.

More on the protest at DPAC Trash The Tories in Maidenhead.


Funeral For Legal Aid And A Pig

Sunday, May 22nd, 2022

Funeral For Legal Aid And A Pig

I don’t think the London Criminal Courts Solicitors’ Association organise many protests, but they did a good job on Wednesday 22nd May 2013, with a mock funeral and rally at Parliament against government proposals for justice on the cheap, restricting legal aid and ending the right of clients to chose their solicitor with work going to the cheapest bid.

Funeral For Legal Aid And A Pig

The introduction of price-competitive tendering (PCT) would have the effect of bankrupting smaller law firms, while opening up provision of legal aid to large non-legal companies, including Eddie Stobart and Tesco. It would also prevent those eligible for legal aid from being able to choose appropriate specialists in the legal area involved in their cases.

Funeral For Legal Aid And A Pig

It was a protest that brought together a wide range of organisations an interests, with many speakers from the legal professions, from political parties and some who had been involved in cases of injustice including Gerry Conlan from the Guildford 4, a member of the family of Jean Charles De Menzes, Susan Matthews, mother of Alfie Meadows and Breda Power, the daughter of Billy Power, one of the Birmingham 6. Solicitors who spoke included Clive Stafford Smith, the founder of Reprieve, and Blur drummer Dave Rowntree, and notable among the QCs, Helena Kennedy.

Clive Stafford Smith

Some, including those from Women Against Rape, Winvisble, Women of Colour in The Global Womens Strike and other groups had come because the proposed changes would have drastic effects on women involved in domestic violence and rape cases, and immigrants fighting for asylum.

Gerry Conlan – the Guildford 4 only got justice when they could get the right lawyers on legal aid

The event had begun with a funeral procession led by a marching jazz band with robed and wigged figures carrying the coffin of Legal Aid, followed by a woman dressed as the Scales of Justice. After the speeches there was a summary by leading barrister John Cooper QC and then the whole assembly delivered its verdict on the Lord Chancellor and Secretary of State for Justice Grayling, ‘guilty as charged’.

Jeremy Corbyn, MP

Not for nothing did Grayling become widely known as ‘Failing Grayling‘ for his was a consistent record of incompetency and blunders in various ministerial roles in both Coalition and Tory governments conveniently summarised in the i‘s article 10 disasters that have happened under his watch.

As well as the cuts to legal aid which led to many victims of domestic violence in the courts and family courts facing their abusers without a lawyer, Grayling’s attempt to end legal aid to those in prison was ruled unlawful in 2017. His introduction of high fees for employment tribunals in discrimination cases was ruled unlawful by the Supreme Court – and the government had to refund £27 million. He made an agreement with Saudi Arabia for training in their jails which had to be dropped when other ministers pointed out their abysmal human rights record. Then there was the prison book ban, again found unlawful. And his 2014 overhauling and privatisation of Probation services was a disaster that forced its later reversal.

Emily Thornberry, MP

Grayling then moved to Transport, worsening the Southern Rail fiasco, costing us £2bn over Virgin East Coast, contributing to chaos over rail timetabling and awwarding a firm with no ferries a no-deal Brexit contract. And although the i article stopped at 10, Grayling didn’t.

More pictures at Lawyers Funeral for Legal Aid


Daddy’s Pig heads for the Trough – Downing St to Bank

The legal aid protest at Parliament meant I had missed the start of the three mile marathon by artist taxi-driver Mark McGowan on his knees pushing his Daddy’s Pig, accompanied by another protester pushing a fire engine, from Downing St to the Bank of England.

I met them outside the Royal Courts of Justice, where the two had taken a rest before starting off on the second half of their gruelling journey, accompanied by a group of supporters, some of whom were carrying pigs.

While the country suffers from the effects of the various cuts, bankers, private equity companies, oligarchs and other friends of the Tories were having a feeding frenzy, snouts in the trough as the government privatised much of the NHS and other services and the City of London entrenched its position as the money laundering capital of the world.

More pictures at Daddy’s Pig heads for the Trough.