Apathy? Alienation? How ‘disengaged’ four in ten voters reject ALL parties

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http://www.independent.co.uk/news/uk/politics/apathy-alienation-how-disengaged-four-in-ten-voters-reject-all-parties-8940389.html

Four in 10 people are “alienated” from  Britain’s political parties and say they will not consider voting for any of them, according to new research.

Young adults are even more “disengaged”  from the party system, with 46 per cent of under-30s saying “none of the above” when presented with a list of the parties. Although the polling does not mean people are apathetic about politics,  the anti-sleaze watchdog which commissioned it believes the findings pose worrying questions about the future of democracy in Britain.

Surprisingly, the survey suggests public scepticism is not confined to the Conservatives, Labour and the Liberal Democrats but extends  to the smaller parties likely to win “protest votes”. People were  given the option of choosing the three main parties; the UK Independence Party, the Green Party, the British National Party, Respect, another un-named party; no party or saying “don’t know.”  The survey of 1,900 people was carried out by TNS-BRMB for the Committee on Standards in Public Life.

Lord (Paul) Bew, the crossbench peer who chairs the committee, told The Independent today: “One particular cause for concern from the research is the number of people, especially young people, who feel disconnected from the political system and political parties.”

He said the growth in the size of this group over the last 10 years represents a real challenge to politicians, parties, local organisations and community groups to provide the public with a sufficiently attractive and relevant set of options to choose from. However, Lord Bew added: ” Public perception is not static – it can improve in response to events in the public sphere. That requires public office holders to be seen to be demonstrating the seven principle of public life – selflessness, accountability, objectivity, integrity, honesty and leadership.” [7?]

In its summary of the findings, the committee, said that for the 40 per cent “disconnected” or “alienated” from party politics “hold sceptical or deeply sceptical perceptions of standards and do not trust those in public life.” It warned that  “an entrenched political disenchantment…appears to have acquired a growing foothold in the British public” and recommended further research into whether this “harbours the potential for rejection of the system of representative democracy and for democratic norms.”

[It’s clearly actual not potential. Politicos seem scared of revo but can’t bring themselves to admit it or that they’re at fault.]

12.50 This rejection of demockracy seems reasonable on reflection: their experience has shown them that democracy is a sham.

Involvement in Neo-Con invasions against the clearly stated wishes of the population, the expenses scandal, politicians lying to achieve power e.g. the NHS, student fees and the Education Support Allowance, VAT, etc. We have a government that has viciously attacked the NHS without a mandate, etc.

It would be unreasonable to expect support for so-called representative democracy.

1pm There is widespread support for nationalisation of national infrastructure e.g. trains and energy, while this is simply not on  the agenda of Neo-Liberal politicians of the indistinguishable Neo-Liberal parties. People are denied the opportunity to vote for a party that expresses their views and values.

27/11/13 Having received a takedown notice from the Independent newspaper for a different posting, I have reviewed this article which links to an article at the Independent’s website in order to attempt to ensure conformance with copyright laws.

I consider this posting to comply with copyright laws since
a. Only a small portion of the original article has been quoted satisfying the fair use criteria, and / or
b. This posting satisfies the requirements of a derivative work.

Please be assured that this blog is a non-commercial blog (weblog) which does not feature advertising and has not ever produced any income.

dizzy

Continue ReadingApathy? Alienation? How ‘disengaged’ four in ten voters reject ALL parties

Royal Mail privatisation: Goldman Sachs and UBS to be grilled by MPs

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http://www.theguardian.com/uk-news/2013/nov/14/royal-mail-flotation-mps-question-banks

Investment banks to be asked in Commons why sale of asset favoured foreign investors and if float price was set too low

The investment banks tasked with allocating shares in last month’s controversial Royal Mail float face a grilling by MPs over allegations they discriminated against UK pension funds and favoured foreign investors.

Goldman Sachs and UBS led an offer that has been widely criticised for short-changing taxpayers by selling a major government asset on the cheap, after Royal Mail shares immediately soared on the stock exchange and continue to trade at a premium of around 70%.

Those concerns have been exacerbated by the presence of sovereign wealth funds – including Kuwait, Singapore and Abu Dhabi – on the Royal Mail’s share register.

One senior City source, who has worked on major UK privatisations, said: “The Royal Mail was probably a bit cheap, but it is one thing to sell it at a cut-price to UK pension funds … There was a disproportionate amount of shares that went to sovereign wealth funds.”

Senior representatives from Goldmans and UBS will appear in parliament next Wednesday to answer questions from MPs on the business, innovation and skills select committee, alongside peers from JP Morgan, Citibank, Deutsche Bank and stockbroker Panmure Gordon.

The MPs’ concerns over the flotation are echoed by City figures. A top UK fund manager said: “A lot of people were very upset at their allocation, even on day zero before the shares started trading at a premium.

“It may be that the advisers did not take account of the political implications and do as good a job as they could have done.”

A source close to the committee confirmed: “This is something the committee is aware of. It may well come up in the session.”

In the months running up to the privatisation, it is understood that Royal Mail, the government and its advisers were working with a small group of financial institutions in order to get an early idea of how the shares should be priced.

That inner core of investors, which is thought to have largely excluded top UK pension fund managers, ended up with the most sizeable allocations.

Continue ReadingRoyal Mail privatisation: Goldman Sachs and UBS to be grilled by MPs