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LEFT ECONOMICS ADVISORY PANEL

http://leap-lrc.blogspot.com/

 

 

Is the Government’s bank the most ruthless repossessor? asks John McDonnell MP

It was announced today that Northern Rock – the bank fully nationalised by the Government – has massively increased the number of homes it has repossessed in the last quarter.

John McDonnell MP, LEAP Chair, said:

“We fully nationalised Northern Rock, yet the Government’s bank is becoming the most ruthless repossessor under the cosh of Government pressure to repay the loans. The Government is in danger of being seen as protecting banks while ignoring people.

 

 

“The Government needs to come up fast with a “recession-proof” strategy of halting repossessions and converting mortgages into homes for social rent.

 

 

 

Read John McDonnell’s comments in Northern Rock seizes 32 homes a week from the Daily Telegraph

 

Today’s Unemployment figures:

John McDonnell MP, LEAP Chair, said:

“With unemployment rising, the Government should be ‘recession-proofing’ by injecting resources to save people’s jobs through large scale public investment in major housing, rail and renewable energy infrastructure schemes.

“There should now be an immediate moratorium on the proposed closure of job centres and 12,000 job cuts in the Department for Work & Pensions.”

 

Meetings

LEAP: The Economic Crisis – what role for social ownership?

Tuesday 4th November

7pm in Committee Room 5, House of Commons, London

Following the publication of the LEAP pamphlet Building the New Common Sense – social ownership for 21st century, LEAP leads a debate on what role for social ownership in the economic crisis.

 

Speakers include: Gregor Gall, Gerry Gold, John McDonnell MP, Rosamund Stock

Chair: Andrew Fisher (Editor of ‘Building the New Common Sense’)

Stand Up for Your Rights Festival

Saturday 18th October

2pm-8:30pm, Waterloo Action Centre, 14 Baylis Road, London, SE1 7AA. Tickets £10/£5

 

A one-day event organised by A World to Win. The historic struggle for rights in Britain will be presented through music, drama, poetry, films and political debate.

 

Confirmed speakers include Bill Bowring (Professor of Law at Birkbeck University), John McDonnell MP (LRC Chair), Global Women’s Strike, Coalition for Independent Action, Paul Feldman, Kevin Smith (Carbon Trade Watch), John Stewart (HACAN), Rahila Gupta (Southall Black Sisters), the Gypsy Council, London FBU, Ted Knight.

‘The Putney Principles’ and ‘Unfinished Business’ – New plays about the Levellers and the Chartists. Live music. Launch of ‘Unmasking the State, a rough guide to real democracy’ – a new book by Paul Feldman. Struggle for Rights timeline exhibition and film.

 

Register online for LRC conference 2008

 

Posted here by Glenn Rikowski

 

The Rikowski web site, The Flow of Ideas is at: http://www.flowideas.co.uk

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