So the trashing of national institutions continues. BJ Boris has a pop at the BBC – I suppose he has to justify the wage paid by the Mail. The board of the BBC is a geriatric nightmare withthe youngest being 52. As for left wing bias – they are having a fucking joke. QT has become a political forum for Reform, the Gary Lineker episode revealed the bias to the right. Reporting on Gaza has been weighted towards Israel most of the time. However the right wing seek to portray anything less than MAGA influenced as bias. This is an attempt to sway those on the Board of the BBC and the government to the right. Of course news reporting is always going to show some bias, but the BBC has a reputation for impartiality – or had!
And at last we will get the Budget – tax rises will occur and be criticised to the nth degree. But at least we will not have to put up with former ‘experts’ pontificating about the disasterous impact of any tax increase. Let us hope that the burden will fall on those who can afford it! And also that Reeves makes a point of extolling tax as a way of creating a fair and just society for all. I fear it will be a fudge! Many Labour MP’s are disgusted at the move of Labour to the right. Only Ed Milliband seems to be holding true to the agenda set out in the last manifesto. The Greens are upto 16% in the polls with Polanski raising their profile. Mamdani has shown that leftist policies can be popular – if they are publicised via social media. For too long the rich have used their influence over the printed press and TV to maintain the staus quo. Hopefully we are seeing this hegmony crumbling. The young are realising that the old have been manipulating the economics for too long.
On this – poverty is an issue due to high rents and mortgages – not inaction or laziness by workers. So a reduction in rents is ‘feasible’, a mortgage rate reduction less so. Mamdani has stated that he will impose rent restrictions in New York. Will this cause property to become cheaper as renters sell up? Possibly. That would leave many with negative equity – but they would have a house and mortgage rates should drop with more properties on the market? I am obviously no economist. Reports in the rw New York Times said that a million New Yorkers plan to leave! Where will they go to? The saddoes who said they were leaving London have not unfortunately.