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Banks or unions? Now there's a toughie.

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It's very nearly impossible to find figures you can compare with each other when you're trying to find out who gives what to political parties and/or causes, but from what I can gather "Trades Unions" donate something over 90% of the Labour party's funds, and "The Banks" donate somewhere between 50.4% and 50.7% to the Conservative coffers.

However, in real cash term this works out at around £8.8 million moving from the unions to Labour, and £11.4 million going to the Tories from the banks.

Newspapers like the Daily Mails and Expresses are outraged at the amount of money being given to the Labour party by the Unions. They want to know what the unions think they're going to get for all this dosh. For some reason they're not similarly concerned about what the banks are paying even more for.

Hmmm. Let me think.

Trades Unions are democratically elected organisations bound by regulations to represent the views and concerns of their members, the people who actually do the work, and the banks are capitalist institutions who were deregulated by the Thatcher government (Regulations which would normally have been reinstituted by the following Labour government. One more difference between old and new Labour I guess...) which resulted in the banks' collapse and the world depression which followed.

Well at least now we know why the coalition keep trying to blame the crash on the Labour Party.

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Comments

dapxin Monday, May 23, 2011 4:53:27 PM

give me them banks p

Deke Tuesday, May 24, 2011 9:51:38 PM

You may have a point.bigsmile

John Devallejo15d Wednesday, June 1, 2011 1:02:02 AM

You make a fair point but the Labour party has been bought by the banks the same as the Conservatives, it was on Labour's watch that our banking system went bust and needed rescuing at immense cost to the country.
We can't trust any politicians to stop the financial vampires in banking from robbing us so I've started a group for ordinary people to fight back. You can see info on it at my blog and I'd be delighted if you'd join.

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