Lest we forget ………………

We all remember the last period of Tory rule. These memories of low wages and jobs being lost are more than statistics – they are powerful images of the lives we lived.



The contrast between this recession and the early Nineties is graphic. Then mortgages were at 14.6% and the then Chancellor, the lamentable Norman Lamont said unemployment was a “price well worth paying.” His “special advisor” was one David Cameron who was with him when he led the country into the unmitigated disaster of Black Wednesday.

In British politics and economics, Black Wednesday refers to the events of 16 September 1992 when the Conservative government was forced to withdraw the Pound Sterling from the European Exchange Rate Mechanism (ERM) after they were unable to keep sterling above its agreed lower limit. The most high profile of the currency market investors, George Soros, made over US$1 billion profit by short selling sterling. In 1997 the UK Treasury estimated the cost of Black Wednesday at £3.4 billion, with the actual cost being £3.3 billion which was revealed in 2005 under the Freedom of Information Act (FoI).


Norman Lamont and his Tory Boy advisor

Unemployment went above 3 million, Over 1.5 million houses were repossessed and lives were destroyed in boom and bust economic policies. After their failure David Cameron went on to become the PR Man (and slick lobbyist) for Micheal Green of Carlton TV, the most venal of the ITV bosses during the time the franchises were a license to print money. Now headed by a troika of Old Etonians, Dave Cameron, Gideon Osborne & Boris Johnson, and with their MP’s being 64% the product of private schools The Tory Boys and Gals want to play Tuck Shop with the country again.

Even Sir Reginald Sheffield’s photogenic daughter does not make the Tories an electable government. We all remember the dark days under Thatcher. In fact, we remember them every day - because years later, so many hard-working British families are still trying to recover from the days of Tory control. We cannot afford to let history repeat itself, and to allow David Cameron to destroy the great progress we've made. Let us not forget the loss of homes, the unemployment, the division, the destruction of the NHS and Education, the Poll Tax and the arrogance towards the “little people” – You know the ones who actually pay tax? Vote to Slam Cam!