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Showing posts with the label Tony Blair

If only we had known

According to ex-Labour MP Tam Dalyell memoirs, the veteran Labour politician's suspicions about Blair were first aroused when he spoke to one of the former prime minister's teachers at Fettes.

The teacher said: "Be careful of Blair – he's a superb actor, he's good at getting others into trouble but avoiding it himself. In fact, he's a shit..."

Blair's Riches

Tony Blair have bought a £4 million stately home that once belonged to the late Sir John Gielgud, it was reported . The Grade 1 listed mansion in Wotton Underwood, Buckinghamshire, has seven bedrooms, a drawing room, ornamental gardens and two paddocks. The house, South Pavilion, built in 1704, is said to have been snapped up by the Blairs before being put on the open market. It has undergone extensive renovation since it was Gielgud's home and now includes a four-bedroom converted outbuilding.

The Blairs' property portfolio already includes two houses in London, two flats in Bristol and a home at Trimdon Colliery, Co Durham, in his former constituency.

Seems as if he has no problem with the credit crunch that his pay-masters in the banking world created .

Blair - quids in

My , isn't he going to be busy man for business . First he has a job with J P Morgan Chase Bank as reported here , although the fee turned out to be 5 times what we believed at the time - $5 million a year . Now Zurich Financial Services AG, Switzerland's biggest insurer have said former Tony Blair has agreed to advise the company on international politics according to .
Blair will specifically help the insurer with its climate initiative, the Zurich-based insurer said today in a statement. He will also advise Chief Executive Officer James Schiro on general political trends and developments. No word on the filthy lucre yet though, but it's rumoured to be another half million or so .

Blair - politican for hire

Tony Blair has taken a part-time post with US investment bank JPMorgan , one of Wall Street's leading banks, part of JPMorgan Chase & Co, a global financial services firm with assets of $1.5 trillion (£760billion) and operations in more than 50 countries. Blair has been employed "in a senior advisory capacity", the bank said ,
Advising the bank on the "political and economic changes that globalisation brings" according to Blair himself .

It is not known how much JPMorgan will pay him, but some estimates say more than $1m (£500,000) a year. The bank said he had a "unique perspective".

Blair would advise the firm's chief executive and senior management team, "drawing on his immense international experience to provide the firm with strategic advice and insight on global political issues and emerging trends... Our firm will benefit greatly from his knowledge and experience," the bank said.

Blair earlier told the Financial Times he planned…

Troops Out of Iraq

Just only 2% of Basra residents believe that the presence of British troops since 2003 has had a positive effect , says a BBC poll .

But , of course , they were never sent there in the first place for the benefit of the local inhabitants , no matter how much and how often Tony Blair tries to keep preaching to us .

The Blairs cash in

Cherie Blair has struck a deal to publish a "warts and all" autobiography in a deal reported to be worth £1 million . Her memoirs will be published in October next year .

Mrs Blair's £1 million advance will be paid in three stages – an upfront payment of £300,000, then £300,000 when her book is handed over and the rest when it is published.
Blair , himself , could earn £6 million from his own memoirs but for the moment he is in no hurry to write them.

Wealth Gap Widens

A previous blog revealed that under Tony Blair the gap between the richest and the poorest had widened . The Scotsman confirms that indeed this is the case .

The think-tank , Compass , has issued a report that finds that people living in the affluent London borough of Kensington and Chelsea now live, on average, 10.9 years longer than people from Glasgow. That inequalities in mortality rates for children born to working-class mothers compared with middle-class ones have also grown since 1998.

The publication said the share of national wealth owned by the richest 1 per cent in Britain had risen from 17 per cent in 1991 to 24 per cent in 2002, while the share of the country's riches held by the bottom 50 per cent of people had dropped from 8 percent to 6 per cent. It warned that massive house-price rises and huge pay hikes for executives in industry and commerce were fuelling the growing gap between rich and poor.

"The super-rich have, during Tony Blair's premiership, been a…

Rich and Poor - No Change After Blair

The gap between Britain's rich and poor again widened in the 2005-6 financial year, official figures showed on Thursday .

The Office for National Statistics said income for the bottom 10% after taxes and welfare benefits fell £10 to £11,374 . The richest 10 % average income actually grew by more than £2,000 to £60,908.

The figures have barely diverged since Blair came to office in 1997.

"The latest evidence suggests that income inequality may be increasing again," the ONS said. "Inequality still remains high by historical standards -- the large increase which took place in the second half of the 1980s has not been reversed."

The Wages of Sin

From the BBC:-

Once he leaves Number 10, Tony Blair is entitled to an immediate prime minister's pension of £63,000 and he will still earn a MP's salary of £60,000. Added to this, Cherie Blair, as a leading QC, is estimated to earn a six-figure salary.

In 2004, the Blairs took out a 95% mortgage on a £3.65million townhouse in Connaught Square near Hyde Park, London. This year, they bought the adjoining mews house for £800,000. These two purchases - combined with the £200,000 remortgage of their Sedgefield constituency home, Myrobella, in 2003 - mean they now have interest payments of more than £20,000 a month. This is almost as much as the average annual salary.

However, the Money Programme has calculated the Blairs could make £10.5 million in the next 12 months. Sir John Major has reportedly made £1m a year since he left Downing Street, while Lady Thatcher amassed a fortune after she stepped down in 1990. Both Sir John and Lady Thatcher took up positions in the City, but surpr…

Bliar or Brown-nose -Who Cares

picturecourtesy of Capitalist Money Madness

Our opinion on the resignation of Tony Blair and the impending anointing of Gordon Brown ? Different cheeks on the same arse .

Liar , Liar ...Pants on Fire

When a senior civil servant , a member of the Senior Management Structure of the Foreign Office and First Secretary in the UK Mission to the United Nations in New York from December 1997 until June 2002 disputes all that the Prime Minister claimed for justifications for the Iraq War people should listen . In fact , people should know , yet this evidence until now was kept secret . The Independent carries his statement which has now been published by the Commons Select Committee on Foreign Affairs .

Carne Ross, one of Britain's key negotiators at the UN , alleges it was a commonly held view among British officials dealing with Iraq :

That any potential military threat from Saddam Hussein's had been "effectively contained". Iraq's ability to launch a WMD or any form of attack was very limited. There were approx 12 or so at the time unaccounted-for Scud missiles; Iraq's airforce was depleted to the point of total ineffectiveness; its army was but a pale shadow …