{UAH} Right-Wing Blairite Attacks
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Comrade Robukui/WBK,
Here is the Blairite wing of the Labour Party engaging in right-wing
scare mongering. They have given up on the intellectual arguements.
George Okello
Labour's biggest donors pledge to stop giving cash if 'economically
illiterate' Jeremy Corbyn wins race
Exclusive: Five major Labour donors warn against 'disastrous'
hard-Left candidate amid fears party could be out of power for decades
Support for Jeremy Corbyn has soared since he entered the leadership
contest late
WENN By Ben Riley-Smith, Political Correspondent
10:00PM BST 08 Aug 2015
Five Labour's biggest individual donors have pledged to stop giving
money if Jeremy Corbyn becomes leader in a move that could leave the
party almost entirely dependent on trade union funding.
Five senior donors have told The Telegraph that Mr Corbyn's victory
would be "disastrous" and could lead to Labour being locked out of
power for decades.
Millions of pounds of funding from businessmen may be withheld if the
Mr Corbyn, the hard-Left candidate and apparent front-runner, wins the
contest on September 12.
It is the first time the party's biggest financial backers have spoken
out about Mr Corbyn, with only John Mills, the party's top individual
donor, having voiced concerns until now.
The revelation has triggered fears that Labour's attempts to rebuild
links with industry would be undermined and its dependence on union
funding heightened under Mr Corbyn.
Labour leadership contenders: Andy Burnham, Liz Kendall, Jeremy
Corbyn, Yvette Cooper Photo: Agency One of Andy Burnham, Liz Kendall,
Jeremy Corbyn and Yvette Cooper will be revealed as the new Labour
leader on September 12
Assem Allam, the multi-millionaire who has recently given Labour more
than half a million pounds, attacked the party for missing the
"message" from voters that hard-Left parties lose elections.
He pledged to stop giving money if Mr Corbyn becomes Labour leader,
saying: "I never back a dead horse".
Richard Brindle, who gave £100,000 under Ed Miliband, also ruled out
donating should Mr Corybn win due to his "economically illiterate"
policies.
A third donor, who has given a six-figure sum and spoke under the
condition of anonymity, said a Corbyn victory would be electoral
"suicide" and leave Labour in opposition for 20 years.
Other leading donors including Mr Mills declined to promise they would
continue giving if Mr Corbyn wins and openly criticised his Left-wing
economic platform.
The backlash comes after a week in which the apparent surge in support
for Mr Corbyn, the veteran Islington North MP, showed little sign of
slowing.
Hundreds of supporters, many of them in their twenties and thirties,
queued round the block to hear him speak at packed public rallies
across the country.
With little over a month left before the result, there is real concern
among centrist Labour MPs that the hard-Left candidate – who only made
the ballot after being "lent" support – could become leader.
However Mr Corbyn's hard-Left economic agenda, which includes raising
the top rate of income tax, rejecting austerity and large-scale
renationalisation, is driving away crucial donors.
He has suggested reopening coal mines and bringing energy companies
back into public ownership – a move that would cost the government up
to £185 billion, according to City analysts.
One analysis conducted by a Labour Party insider and leaked to the
press estimated 'Corbynomics' would results in £55bn more government
spending and £14bn worth of tax rises.
Mr Corbyn, first elected to Parliament in 1983, has also expressed
admiration for Karl Marx during the leadership campaign, calling the
communist philosopher's analysis "quite brilliant".
A string of Labour's financial backers openly attacked Mr Corbyn after
being approached by this newspaper and warned against supporters
backing him in the contest.
"If Jeremy Corbyn or any left-winger wins, Labour will lose next
election and the one after," said Mr Allam, the owner of Hull City who
has given more than £500,000 to the party in the last three years.
"I don't want a Prime Minister or a leader of the party – in
opposition or in government – who is controlled by trade unions. It
will not work."
Jeremy Corbyn: Labour could reopen coal mines and nationalise gas and
electricity sector
Jeremy Corbyn: rich people are happy to pay more tax
Jeremy Corbyn refuses to condemn IRA for terrorist atrocities
He said supporters would be "insane" to pick a leader who is to the
Left of Mr Miliband and warned that the election defeat showed "the
nation says no to left-wing Labour".
Asked if he would give money to the party if Mr Corbyn becomes leader,
Mr Allam replied: "People who know me know I never back a dead horse."
Mr Brindle, an insurance mogul, also pledged to give no more cash. "He
is a man of great integrity but his policies are economically
illiterate and a lot of them just aren't practical either. It is just
not a realistic platform for government," he said. "It is a bit of a
time warp to be honest."
A third donor, who asked not to be named, indicated he would not give
again under Mr Corbyn's leadership.
"If Corbyn wins it's back to the nightmare of the 1980s with Labour
split from top to toe and handing the Tories almost 20 years in
power," the donor said. "New European parties like Syriza and Podemos
don't split the Left vote under proportional representation but under
our British voting system it's suicide."
Days until new Labour leader announced
33 : 11 : 51 : 25
Days Hrs Mins Secs
Other top donors openly criticised Mr Corbyn. Mr Mills, who has given
£1.65 million to Labour through shares, said he was "not very
convinced" by his economic policies, adding: "There is some danger it
is more difficult for Labour to win elections on the platform that
Jeremy Corbyn would favour ."
Stefanos Stefanou, who has given almost £200,000, said he would
continue donating to the party whatever the outcome but would be
"concerned" by tax rises. "You cannot tax businesses to the extent
that you destroy them. There has to be a medium somewhere," he said.
Asked whether he would donate again to Labour if Jeremy Corbyn won,
Lord Sugar – presenter of The Apprentice – put down the phone. He gave
more than £150,000 to under Mr Miliband.
There was a sole voice of support for Mr Corbyn. Steve Lazarides, a
gallery owner who deals in works by graffiti artist Banksy and gave
£121,000 in 2008, praised him as a "wild card" who could "drag" Labour
back to its old socialist roots.
Hull City owner Assem Allam in the stands during the Barclays Premier
League match at the KC Stadium, Hull Photo: Lynne Cameron/PA Assem
Allam, who owns Hull City, said Labour would lose the next two
elections if it picked a left-wing leader like Mr Corbyn
Trade unions remain Labour's biggest financial backers, with Unite,
which has endorsed Mr Corbyn, giving around £19 million during the
last parliament.
But with the Tories reforming the way unions donate in a way that
could drastically reduce Labour funding, financial support from
individuals is likely to become increasingly important.
Business backers are seen as crucial in the party's attempts to win
back voters, with a host of leading figures including Ed Balls
admitting an "anti-business" image helped lose Labour the election.
Baroness Prosser, treasurer of the Labour during Tony Blair's first
term in office, warned the party's financial position was "precarious"
and could deteriorate if Mr Corbyn becomes leader.
"I cannot imagine any person – businessman or otherwise – being
prepared to donate to an organisation if they see it as not being
properly led," she said.
"Should Jeremy win then we would be in for a very rocky period both
politically, internally and financially."
John Mills, the founder of JML, also said the party's lack of business
support will lose votes and warned the party was likely to miss a
majority in May Photo: JULIAN SIMMONDS FOR THE TELEGRAPH John Mills,
Labour's biggest individual donor, warned there was a 'danger' Mr
Corbyn would make Labour less electable
A spokesman for Mr Corbyn played down concerns his victory would hurt
the party's finances and referenced the fact he has received more than
£100,000 in donations through a crowdfunding campaign.
"Britain and Labour cannot continue with economic policies that stifle
economic dynamism – instead of five or more years of austerity that
chokes off growth. Jeremy Corbyn is proposing investment to build a
more innovative and prosperous economic base," the spokesman said.
"Investing in our future, such as with a national investment bank, is
the best way to help small and large businesses alike and deliver a
sustainable, modern economy. If elected leader, Jeremy will work with
business leaders to develop this investment-led agenda.
"Big donors are welcome to donate to our party but we will also listen
to those with less money to spend. We are a Democratic Party. Labour's
core funding base is small donations by millions of members and trades
unionists and Jeremy Corbyn's campaign has already shown he is capable
to add value of rebuilding Labour as a mass grass roots movement for
change."
--
Disclaimer:Everyone posting to this Forum bears the sole responsibility for any legal consequences of his or her postings, and hence statements and facts must be presented responsibly. Your continued membership signifies that you agree to this disclaimer and pledge to abide by our Rules and Guidelines.To unsubscribe from this group, send email to: ugandans-at-heart+unsubscribe@googlegroups.com or Abbey Semuwemba at: abbeysemuwemba@gmail.com.
Here is the Blairite wing of the Labour Party engaging in right-wing
scare mongering. They have given up on the intellectual arguements.
George Okello
Labour's biggest donors pledge to stop giving cash if 'economically
illiterate' Jeremy Corbyn wins race
Exclusive: Five major Labour donors warn against 'disastrous'
hard-Left candidate amid fears party could be out of power for decades
Support for Jeremy Corbyn has soared since he entered the leadership
contest late
WENN By Ben Riley-Smith, Political Correspondent
10:00PM BST 08 Aug 2015
Five Labour's biggest individual donors have pledged to stop giving
money if Jeremy Corbyn becomes leader in a move that could leave the
party almost entirely dependent on trade union funding.
Five senior donors have told The Telegraph that Mr Corbyn's victory
would be "disastrous" and could lead to Labour being locked out of
power for decades.
Millions of pounds of funding from businessmen may be withheld if the
Mr Corbyn, the hard-Left candidate and apparent front-runner, wins the
contest on September 12.
It is the first time the party's biggest financial backers have spoken
out about Mr Corbyn, with only John Mills, the party's top individual
donor, having voiced concerns until now.
The revelation has triggered fears that Labour's attempts to rebuild
links with industry would be undermined and its dependence on union
funding heightened under Mr Corbyn.
Labour leadership contenders: Andy Burnham, Liz Kendall, Jeremy
Corbyn, Yvette Cooper Photo: Agency One of Andy Burnham, Liz Kendall,
Jeremy Corbyn and Yvette Cooper will be revealed as the new Labour
leader on September 12
Assem Allam, the multi-millionaire who has recently given Labour more
than half a million pounds, attacked the party for missing the
"message" from voters that hard-Left parties lose elections.
He pledged to stop giving money if Mr Corbyn becomes Labour leader,
saying: "I never back a dead horse".
Richard Brindle, who gave £100,000 under Ed Miliband, also ruled out
donating should Mr Corybn win due to his "economically illiterate"
policies.
A third donor, who has given a six-figure sum and spoke under the
condition of anonymity, said a Corbyn victory would be electoral
"suicide" and leave Labour in opposition for 20 years.
Other leading donors including Mr Mills declined to promise they would
continue giving if Mr Corbyn wins and openly criticised his Left-wing
economic platform.
The backlash comes after a week in which the apparent surge in support
for Mr Corbyn, the veteran Islington North MP, showed little sign of
slowing.
Hundreds of supporters, many of them in their twenties and thirties,
queued round the block to hear him speak at packed public rallies
across the country.
With little over a month left before the result, there is real concern
among centrist Labour MPs that the hard-Left candidate – who only made
the ballot after being "lent" support – could become leader.
However Mr Corbyn's hard-Left economic agenda, which includes raising
the top rate of income tax, rejecting austerity and large-scale
renationalisation, is driving away crucial donors.
He has suggested reopening coal mines and bringing energy companies
back into public ownership – a move that would cost the government up
to £185 billion, according to City analysts.
One analysis conducted by a Labour Party insider and leaked to the
press estimated 'Corbynomics' would results in £55bn more government
spending and £14bn worth of tax rises.
Mr Corbyn, first elected to Parliament in 1983, has also expressed
admiration for Karl Marx during the leadership campaign, calling the
communist philosopher's analysis "quite brilliant".
A string of Labour's financial backers openly attacked Mr Corbyn after
being approached by this newspaper and warned against supporters
backing him in the contest.
"If Jeremy Corbyn or any left-winger wins, Labour will lose next
election and the one after," said Mr Allam, the owner of Hull City who
has given more than £500,000 to the party in the last three years.
"I don't want a Prime Minister or a leader of the party – in
opposition or in government – who is controlled by trade unions. It
will not work."
Jeremy Corbyn: Labour could reopen coal mines and nationalise gas and
electricity sector
Jeremy Corbyn: rich people are happy to pay more tax
Jeremy Corbyn refuses to condemn IRA for terrorist atrocities
He said supporters would be "insane" to pick a leader who is to the
Left of Mr Miliband and warned that the election defeat showed "the
nation says no to left-wing Labour".
Asked if he would give money to the party if Mr Corbyn becomes leader,
Mr Allam replied: "People who know me know I never back a dead horse."
Mr Brindle, an insurance mogul, also pledged to give no more cash. "He
is a man of great integrity but his policies are economically
illiterate and a lot of them just aren't practical either. It is just
not a realistic platform for government," he said. "It is a bit of a
time warp to be honest."
A third donor, who asked not to be named, indicated he would not give
again under Mr Corbyn's leadership.
"If Corbyn wins it's back to the nightmare of the 1980s with Labour
split from top to toe and handing the Tories almost 20 years in
power," the donor said. "New European parties like Syriza and Podemos
don't split the Left vote under proportional representation but under
our British voting system it's suicide."
Days until new Labour leader announced
33 : 11 : 51 : 25
Days Hrs Mins Secs
Other top donors openly criticised Mr Corbyn. Mr Mills, who has given
£1.65 million to Labour through shares, said he was "not very
convinced" by his economic policies, adding: "There is some danger it
is more difficult for Labour to win elections on the platform that
Jeremy Corbyn would favour ."
Stefanos Stefanou, who has given almost £200,000, said he would
continue donating to the party whatever the outcome but would be
"concerned" by tax rises. "You cannot tax businesses to the extent
that you destroy them. There has to be a medium somewhere," he said.
Asked whether he would donate again to Labour if Jeremy Corbyn won,
Lord Sugar – presenter of The Apprentice – put down the phone. He gave
more than £150,000 to under Mr Miliband.
There was a sole voice of support for Mr Corbyn. Steve Lazarides, a
gallery owner who deals in works by graffiti artist Banksy and gave
£121,000 in 2008, praised him as a "wild card" who could "drag" Labour
back to its old socialist roots.
Hull City owner Assem Allam in the stands during the Barclays Premier
League match at the KC Stadium, Hull Photo: Lynne Cameron/PA Assem
Allam, who owns Hull City, said Labour would lose the next two
elections if it picked a left-wing leader like Mr Corbyn
Trade unions remain Labour's biggest financial backers, with Unite,
which has endorsed Mr Corbyn, giving around £19 million during the
last parliament.
But with the Tories reforming the way unions donate in a way that
could drastically reduce Labour funding, financial support from
individuals is likely to become increasingly important.
Business backers are seen as crucial in the party's attempts to win
back voters, with a host of leading figures including Ed Balls
admitting an "anti-business" image helped lose Labour the election.
Baroness Prosser, treasurer of the Labour during Tony Blair's first
term in office, warned the party's financial position was "precarious"
and could deteriorate if Mr Corbyn becomes leader.
"I cannot imagine any person – businessman or otherwise – being
prepared to donate to an organisation if they see it as not being
properly led," she said.
"Should Jeremy win then we would be in for a very rocky period both
politically, internally and financially."
John Mills, the founder of JML, also said the party's lack of business
support will lose votes and warned the party was likely to miss a
majority in May Photo: JULIAN SIMMONDS FOR THE TELEGRAPH John Mills,
Labour's biggest individual donor, warned there was a 'danger' Mr
Corbyn would make Labour less electable
A spokesman for Mr Corbyn played down concerns his victory would hurt
the party's finances and referenced the fact he has received more than
£100,000 in donations through a crowdfunding campaign.
"Britain and Labour cannot continue with economic policies that stifle
economic dynamism – instead of five or more years of austerity that
chokes off growth. Jeremy Corbyn is proposing investment to build a
more innovative and prosperous economic base," the spokesman said.
"Investing in our future, such as with a national investment bank, is
the best way to help small and large businesses alike and deliver a
sustainable, modern economy. If elected leader, Jeremy will work with
business leaders to develop this investment-led agenda.
"Big donors are welcome to donate to our party but we will also listen
to those with less money to spend. We are a Democratic Party. Labour's
core funding base is small donations by millions of members and trades
unionists and Jeremy Corbyn's campaign has already shown he is capable
to add value of rebuilding Labour as a mass grass roots movement for
change."
--
Disclaimer:Everyone posting to this Forum bears the sole responsibility for any legal consequences of his or her postings, and hence statements and facts must be presented responsibly. Your continued membership signifies that you agree to this disclaimer and pledge to abide by our Rules and Guidelines.To unsubscribe from this group, send email to: ugandans-at-heart+unsubscribe@googlegroups.com or Abbey Semuwemba at: abbeysemuwemba@gmail.com.
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