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Wednesday 2 February 2011

Verity Murphy | 13:20 UK time, Wednesday, 2 February 2011

Tonight is Rich Night on Newsnight - we are dedicating the majority of the programme to an in-depth look at the super rich and the role they play.

There are now more millionaires than Australians - Reuters journalist Chrystia Freeland has made an authored film on who the new super elite are and what, if anything, society gets back from them.

Paul Mason reports on how vital the banks and City are to the UK economy and we have an interview with London Mayor Boris Johnson on this question.

Plus there will be lots of lively debate in the studio with top line guests, and of course we will still have the latest on what is happening in Egypt.

PS Subscribers to the Newsnight daily e-mail will have just heard that today is the last day that we are sending it out. Here is a link to .

The system which we have been using to disseminate the e-mail is far too patchy in its performance for our liking - often sending out after the programme has broadcast - so we have decided to mothball it and rely on this blog, and our and page to let you know what is going on.

Comments

  • Comment number 1.

    So the underclass got a few seconds of semi-polite mystified condescension last night and now the 主播大秀 are rubbing their noses in it with a Hello Magazine evening to show them what life is like for people who have no contact with Islamists at all!

    Brilliant bit of social irony...it may be lost on you canape chompers but it won`t be on the other side of the tracks!

    That`s what you get when you abolish working class politics and slither into the global capitalist centre ground!

  • Comment number 2.

    always remember they do not have a mandate for any of these savage cuts anmd Boris knows it and he is starting to panic as he can see this whole charade unravelling so he wants to 'hurry things up' as the LibDems might bring the whole sorry edifice down.....maybe around June...

  • Comment number 3.

    #1 Proved by this Jim



    We languish at number 26 no democracy here then! Well, only around 44th out of a 100!

  • Comment number 4.

    MORE MILLIONAIRES THAN AUSTRALIANS! BUT LAID NEATLY, ARE THEY AS BIG AS WALES?

    Taken in the round, I regard that as an antipo-hemispherist slur, going forward.

  • Comment number 5.

    There should be discussion about the 鈥榰ndeserving rich鈥.

    Those in entertainment industries, able to earn tens of millions from a modicum of talent; ditto those in the financial services world that secure massive salaries and bonuses; those born into great wealth; those that win massive amounts on lotteries down to celebrities with little in the way of obvious talents or graft that are showered with wealth and gifts.

    For the majority of the adult population a salary over 拢30,000 thousand is considered quite good going. Young peoples鈥 aspirations today are now shaped by ambitions of joining the 鈥榬ich and famous鈥 rather than work hard and forge a career; go to the right school and there is an expectation that wealth will accrue.

    It鈥檚 not just the gap between rich and poor that鈥檚 widening; the gap between the rich and the middle classes is too; particularly in these austerity times when for most educating children at university or buying a house becomes increasingly prohibitively expensive.

  • Comment number 6.

    WHAT OF OTHER 'INDECES OF COMPETENCE'? (#3)

    Sanity. Maturity. Integrity.

    How low can we go?

  • Comment number 7.

    Apropos of very little at all, just a word of thanks for the thoroughly cutting and highly amusing email from a certain Mr. J. Paxman, he of Groucho Club fame (or not, as the case turned out.)

    His lack of lament for the passing of the daily News Night email has cheered up what was otherwise a pretty miserable day.

    We need more of this kind of rebuttal of all things that filter down to our lives from on high (or from the 主播大秀 Management, in your case) and when Mr. P said "The reason for killing it off is pretty straightforward. It's crap," I found a sudden new joy in perusing my else-wise pretty dull inbox.

    Once I was the type of person who used to grace the many clubs of London, and indeed, had the pleasure of working with Mr. P. once where he suggested we made such a pilgrimage (sadly, I could not, for which I am ever regretful).

    I am older, fatter and soberer now, but if I were not, I would waltz into the Groucho, or other such, order a meaningful bucket of Chablis and celebrate the demise of the email with the rest of them.

    Damn it! I am beginning to miss it already!

  • Comment number 8.

    INTERVIEW A FILTHY-RICH PHILOSOPHER NEWSYNIGHTY - IF YOU CAN FIND ONE.

    Then a politician who will admit to the bankruptcy of our 'democracy'.
    Then a homosexual male who would actually prefer not to be.
    Then a quiet Muslim who will tell you how we REALLY look to 'them'.
    Then a broadcaster who will admit that 'edgy/arty' is self-serving.

    It's a start.

  • Comment number 9.

    THOSE WHO ACTUALLY MISS THE NEWSYNIGHTY EMAIL SHOULD LISTEN TO EDDIE MAIR ON RADIO (#7)

    When at his most banal, the brain goes entirely numb.

    All - that is 主播大秀 going forward - is not lost - sadly.

  • Comment number 10.

    #7 - Hastings

    Amen and again, Amen.

    I suppose Paxman will eventually give up all this electronic gobbly-gook and spend the rest of his life thigh deep in water being brutal to thick creatures who have done him no harm - but do taste rather good.

    For now, let us hope that a voice of wisdom continues to make worthwhile points while the rest of the organisation continues to descend into the mire of political correctness.

    What I want to know was how he got away with it. Were senior management having their nappies changed at the time? Let's hear it for the oldies!!!

  • Comment number 11.

    Just read Paxman's valedictory rant about the daily newsletters. If he and the other presenters haven't got time to do them, why not say so and get someone else to write them, rather than pretend that it is a silly concept, which it most certainly isn't.

  • Comment number 12.

    An interesting read, I wonder if Mr Paxman is planning to learn several languages?! ; ) I suppose it helps the rich stay richer, as they can pay low wages to all these incomers.



    OOppps posted on the wrong day, all behind as usual

  • Comment number 13.

    #8 - barriesingleton

    "INTERVIEW A FILTHY-RICH PHILOSOPHER NEWSYNIGHTY - IF YOU CAN FIND ONE".

    Oh for heavens sake, have you seen what they pay Wark,K? No wonder they can't afford to repair the bloody engine.

  • Comment number 14.

    JUST LISTENING TO BILLY HAGUE DIRECTING JOHNNIE FOREIGNER (#3)

    Where in the name of 'Democracy 26' do these over-watered rosette stands get their GALL from? If we stopped lecturing the world, and had a go at picking the entire Forestry Commission holding out of our own, presumptiously presbyopic eye, we might get to 25!!!


  • Comment number 15.

    here's a subtle distinction: "how important the banks are to the UK economy" - remove the word "the".

    quite illustrative.

    and here would be an interesting statistic: add together the various QE, investments, tax-breaks, bail-outs etc, and compare it to the amount of tax PAID since 1079 by this sector.

    look at those two numbers. Then decide if these bankers and "financial whizz-kids" are REALLY worth the 拢Bns in bonuses they claim they are.

    i suspect if we got rid of everyone earning over 拢60,000 in the banks, not only would the banks keep running, they would also run smoother, with less corruption, and more concern for normal people.


    coincidentally, i would also expect the cocaine market to experience hardship.

  • Comment number 16.

    NO - DO TELL. IS SHE PAID BY THE 'WORD'? (#13)

    Last I heard it was half a mil. (:o)

    There's an engine?! I thought NewsyNight was inherently free-wheeling, going forward.


  • Comment number 17.

    I wanted everyone to read my book since this 主播大秀 Blog is about ->"

    "About this blog
    This is the domain of the Newsnight web team. We'll keep you up to date with what's happening on the show, talking points, and more or less anything else that takes our fancy. "

    SO ENJOY!! Jill Louise Starr
    I hope the book, 'takes your fancy.'

    ---------------------------------------------------------------------

    What It鈥檚 Like to Chill Out With Whom the Rest of the World Considers As The Most Ruthless Men: Ratko Mladic, Goran Hadzic and Radovan Karadzic (+) Confessions of a Female War Crimes Investigator By Jill Louise Starr NJ USA



    Retrospectively, it was all so simple, natural and matter of fact being on a boat restaurant in Belgrade, sitting with, laughing, drinking a two hundred bottle of wine and chatting about war and peace while Ratko Mladic held my hand. Mladic, a man considered the world鈥檚 most ruthless war criminal since Adolf Hitler, still at large and currently having a five million dollar bounty on his head for genocide by the international community. Yet there I was with my two best friends at the time, a former Serbian diplomat, his wife, and Ratko Mladic just chilling. There was no security, nothing you鈥檇 ordinarily expect in such circumstances. Referring to himself merely as, Sharko; this is the story of it all came about.


  • Comment number 18.

    Irrefutable Proof ICTY Is Corrupt Court/Irrefutable Proof the Hague Court Cannot Legitimately Prosecute Karadzic Case By Jill Starr

    [Unsuitable/Broken URL removed by Moderator]
    (The Documentary Secret United Nations ICC Meeting Papers Scanned Images)

    [Unsuitable/Broken URL removed by Moderator]

    This legal technicality indicates the Hague must dismiss charges against Dr Karadzic and others awaiting trials in the Hague jail; like it or not.

    Unfortunately for the Signatures Of the Rome Statute United Nations member states instituting the ICC & ICTY housed at the Hague, insofar as the, Radovan Karadzic, as with the other Hague cases awaiting trial there, I personally witnessed these United Nations member states having a substantial conversations, and, openly speaking about trading judicial appointments and verdicts for financial funding when I attended the 2001 ICC Preparatory Meetings at the UN in Manhattan making the iCTY and ICC morally incapable trying Radovan Karazdic and others.

    I witnessed with my own eyes and ears when attending the 2001 Preparatory Meetings to establish an newly emergent International Criminal Court, the exact caliber of criminal corruption running so very deeply at the Hague, that it was a perfectly viable topic of legitimate conversation in those meetings I attended to debate trading verdicts AND judicial appointments, for monetary funding.

    Jilly wrote:*The rep from Spain became distraught and when her country鈥檚 proposal was not taken to well by the chair of the meeting , then Spain argued in a particularly loud and noticably strongly vocal manner, 鈥淪pain (my country) strongly believes if we contribute most financial support to the Hague鈥檚 highest court, that ought to give us and other countries feeding it financially MORE direct power over its decisions.鈥

    ((((((((((((((((((((((((( ((((((((((((((((((((((((( Instead of censoring the country representative from Spain for even bringing up this unjust, illegal and unfair judicial idea of bribery for international judicial verdicts and judicial appointments, all country representatives present in the meeting that day all treated the Spain proposition as a 鈥漷otally legitimate topic鈥 discussed and debated it between each other for some time. I was quite shocked! The idea was 鈥渓et鈥檚 discuss it.鈥 "It鈥檚 a great topic to discuss."

    Some countries agreed with Spain鈥檚 propositions while others did not. The point here is, bribery for judicial verdicts and judicial appointments was treated as a totally legitimate topic instead of an illegitimate topic which it is in the meeting that I attended in 2001 that day to establish the ground work for a newly emergent international criminal court.))))))))))))))))))))))))))))

    In particular., since 鈥淪pain鈥 was so overtly unafraid in bringing up this topic of trading financial funding the ICC for influence over its future judicial appointments and verdicts in front of every other UN member state present that day at the UN, 鈥淪pain鈥 must have already known by previous experience the topic of bribery was 鈥渟ocially acceptable鈥 for conversation that day. They must have previously spoke about bribing the ICTY and ICC before in meetings; this is my take an international sociological honor student.

    SPAIN鈥檚 diplomatic gesture of international justice insofar as, Serbia, in all of this is, disgusting morally!SPAIN HAS TAUGHT THE WORLD THE TRUE DEFINITION OF AN 鈥淚NTERNATIONAL CRIMINAL COURT.鈥

    I represented the state interests鈥 of the Former Yugoslavia, in Diplomat Darko Trifunovic鈥檚 absence in those meetings and I am proud to undertake this effort on Serbia鈥檚 behalf.

    ==================================================================================

  • Comment number 19.


    When discussing the "value" contribution of the City, I wonder if anyone will actually have any real facts to hand?



    Or will we just get more bluff & bluster?

    Oh, and I wonder how many of those millionaires are "artful dodgers"?

  • Comment number 20.

    #15: since 1979, rather.


    talent fees: *SOME* talent is worth it.

  • Comment number 21.

    i think you might find that the city has now cost the uk more than it has contributed? Given the lack of regulation a handful of people can bankrupt the uk again and there is no law to stop them or even make it illegal.

    never in the field of human finance has so much profit been extracted by so few from so many.

    p.s how did australia dodge debt the bullet?

  • Comment number 22.

    'we are dedicating the majority of the programme to an in-depth look at the super rich and the role they play.'

    Well, keeping it in-house at least saves costs doing outside broadcasts, and all those carbon offset thingies, once supposes. DG, the 'stars', all those heads of on 拢400k+pa, etc.

    And speaking of the super-rich and roles they don't like any more...

    'Subscribers to the Newsnight daily e-mail will have just heard that today is the last day that we are sending it out. Here is a link to Jeremy's message on its sad demise.

    It has been noticed...

    Can't be sure, but as a service provider, whilst one can admire earthy honesty, not sure it's too smart to raise the notion of being '...completely useless and we can't afford to fix it.'

    In my line of work that usually implies a refund is due, and a parting of the ways by customer and supplier.

    Not, thanks to certain unique factors, what British licence fee payers face.

    And considering the quality of reporting one is hearing about, from opinions over facts from Egypt to (A)GW and Met Office/主播大秀 shenanigans, to Wikileaks no longer being top of the hour now it has become 'inconvenient' /news/world-11863274 - , to not being too keen on the wrong kind of denial on the line whilst more enthusiastic elsewhere , some may feel the option of enjoying the chance to pass is one worth having.

  • Comment number 23.

    Scrapping the daily email is money well saved, in my opinion. It often arrived late, sometimes not at all, and could make no allowance for breaking news that necessitated a change of plan. Not only does it follow the podcast into oblivion, but the Book Club, the helicopter, and things to tie round one's wrists given away at party political conferences.

    How about a bit more pruning of background flashing lights, surging graphics and silly music, while you are in the money-saving mood, please?

  • Comment number 24.

    Mork #15

    You have pretty much hit the nail on the head, but have you actually considered what the stock market parasites have been up to for at least the past 25 years. They have systematically sold off any of our true sovereignty to the highest corporate bidder, now approaching a point where we lack the basic infrastructure to sustain our economy. The energy sector has parallels with Railtrack pre 2000, and soon the lights will start to go out, that is not to say that government appeasing the eco-fascists has not played its part.

    If Hitler had infiltrated the UK in the 1930s he would probably have been delighted by the actions of the Corporate Nazi stock market parasites, almost the perfect fifth columnists. Of course successive governments have been prepared to stand by and ignore the destruction of our real economy, twisting the knife with road fuel taxes. All on the basis that the inland revenue was taking a 40% cut on all the massive bonuses, now they have the chance of 50% so no incentive for anything to change.

    The past is gone and we have no future in the UK unless we start to reward people good a doing practical things the most, not parasitic money changers. Its all part of the current Corporate Nazi ideology to discriminate against real worthwhile work and apparently reward dishonesty in all things. Having wrecked our manufacturing base, now the stock market parasites expect the taxpayers to provide them with a virtual welfare state to maintain their lavish lifestyles whilst low income people go cold and hungry. The status quo can't really expect to go on much longer or the UK will eventually wake up from the corporate illusion and experience their own Egypt moment.

  • Comment number 25.

    #18 - jilly

    "Irrefutable Proof ICTY Is Corrupt Court/Irrefutable Proof the Hague Court Cannot Legitimately Prosecute Karadzic Case - this legal technicality indicates the Hague must dismiss charges against Dr Karadzic and others awaiting trials in the Hague jail; like it or not".

    Your familiarity with Balkan dining habits and your extensive travels around the more peaceful areas of the region may have armed you with some local knowledge but is has not enhanced you knowledge of the law.

    If the ICTY cannot legitimately prosecute, then it has no competence to dismiss charges. They could arguably refuse to hear them but that is all.

    By the way, were you ever in Srebrenica? If so, you might have felt more inclined to hold his throat than his hand.

  • Comment number 26.

    "主播大秀's Craig Oliver replacing Andy Coulson at No 10"

    /news/uk-politics-12348159

    "His job will be to lead efforts to sell David Cameron, the Coalition and the Conservative Party to the country. "


    i'll buy 'em for a quid if i can then 'outsource' the jobs and close down the UK operations?? Sound like a good deal? Seems only "fair", as well, so Cleggy should like it.

  • Comment number 27.

    26 Yes Mork ...and then we could sell the entire contents of Westminster through the Pound Shop chain....but would we get sued for over pricing?

  • Comment number 28.

    WHO WOULD BUY THE TWO-FACED LEADER OF A 26th RATE 'DEMOCRACY'? (#26)

    'To sell David Cameron.' Are we not in enough trouble, for dodgy trading of worthless 'instruments', without trying to sell a B-flat buffoon?

    Identity theft is serious in all but one advanced nation - Dave will be picked up any day now.

  • Comment number 29.

    Mubarak was never going to give in to some kids? he's a dictator of the old school. Things born in blood tend to die in blood? will the ring leaders now start to get snatched for a few months of police 'questioning'?

  • Comment number 30.

    29 Jaunty ..all these types are surrounded by yes men and gradually lose touch with reality....and the yes men know that once Mubarak goes they are going to an even darker place and PDQ!
    But this is the first internet revolution and our American masters know that at long last their rhetoric is going to have to match with their actions and vice versa!

  • Comment number 31.

    NOW THAT WE KNOW WE ARE NOT A DEMOCRACY - COULD IT HAPPEN HERE? (#29)

    Intelligence sources (sorry - can't tell you) say, in extensive, detailed and authoritative terms, that Terror has smuggled radioactive material into Britain, and is planning a number of dirty bombs.

    We go to Sparkling Crimson alert, aka 'TERRIFYING', and Cobra meets under the stairs at No 10. IDS says he has seen the future and we should all believe Cameron - Nick says: "I agree with Dave."

    Parliament is suspended and a Terror Cabinet rules by edict. Troops on the streets (the fat and useless ones who don't fight). Young men react to authority in the only way they know. Then, to quote Jaunty: "the ring leaders now start to get snatched for a few months of police 'questioning'".

    This is not a joke - repeat: this is not a joke. Just remember Dave gets 'physically sick when prisoners vote'. He starts from a highish state of right/wrong arousal, wouldn't you say? (They are the ones you have to watch.)

    Today Egypt . . .

  • Comment number 32.

    #24 brossen, i am well aware of what the stock market has done, and is doing.

    "gnuneo
    26 October 2008 at 15:08

    "the share market is a kind of casino, not a vehicle for responsible long-term investing. "

    what are the conditions of the Share Market?

    originally a vehicle for allowing those who owned the Land (and made money from the sweating and starving peasants who paid 'rent') to invest their ill-gotten gains into the new industrial factories, who needed Finance Capital.

    the new industrialists could have gotten their investment of Capital from the workers themselves, had (S)he have given more profit back in wages allowing them to invest, but that would have eventually forced him to respect them as equal shareholders - equals - clearly out of the question for someone wanting to be part of the 'Cool Gang' in class structure. So the Stock/Share Market was born.

    but having allowed 'people' (lol) to invest in these new companies, it then inevitably created the next step - that of swapping shares for higher 'increasing-in-value' shares.

    basic economics - the more demand for a limited item, the more the price goes up for the item.

    for example, if there are 200,000 PS1s being sold every year, but 6,000,000,000 people want one, the price will go up. However if there are 200,000 PS1s and only 50 people wanted to buy one, their price would fall.

    so now the value of the shares/stock is not just the value of the company, but, perhaps more so, the value of the shares themselves.

    can you see where this is leading yet?

    (feels like Rolf Harris doing a sketch, if any of you remember that ;) )

    so the more money on the Exchange, chasing limited number of shares, creates 'growth' in the value of shares - an apparent growth in the value of the companies/economy, and so the "'Konomy, Stupid!" was born.

    now, when the pension funds, people's long term savings, debt leveraged from mortgages, all go in the Stock Market...


    gnuneo
    26 October 2008 at 15:18

    ... then there is apparent growth in the 'konomy, even if the underlying economy is unhealthy. The 'Confidence Factor' has kicked into play.


    so, "what ARE the conditions of the Share Market?"

    OK, what has been described so far? If you can't see this is a basic 'Pyramid Scheme', go back and read it again with that in mind.

    the best way for a society to evolve, is to have the workers own the companies themselves and borrowing money as necessary from the mutual societies which removes the Stock market, and the possibility this kind of pyramid scheme can bring down our economy.


    carl jones: i wonder if this will survive... or for how long? ;)"

    from


    i agree completely with you.

  • Comment number 33.

    #27 rotflmao. :D :D

    nice one wj. :)

  • Comment number 34.

    Re the email:

    A loss I think - by the email arriving it reminds me to watch, and by reading it (if I have time) it tells me what's on. I fear that without it I won't have a clue what's on, and I won't have time (or remember) to look at your website let alone get round to wittering. :-(

    And I do miss the jokes for 4 year olds (now I have one)

  • Comment number 35.

    the death of the daily email - due to faulty kit or due to faulty staff? If it is the former then presumably it was incorrectly procured as the mail from the daily politics seems to get to me each day before the show so how can newsnight not pull it off for something 10hours later?

  • Comment number 36.

    i didn't even know NN had an email. However, now it has been withdrawn, i feel that an integral par of my existence has been taken away from me.

    i shall march on Parliament forthwith.

  • Comment number 37.

    TELLING THE TRUTH IS A REVOLUTIONARY ACT IT SEEMS (#31)

    This time I will not play. You know where to find it posters. Just put my credo in your browser.

    SPOILPARTYGAMES

  • Comment number 38.

    'WITHOUT CASINO BANKING NO ONE GETS A PENSION' (#32)

    This seems to be a current mantra from those supporting Banker bonuses.
    Can it be true (in the old sense of the word)?

    When we used to die at a decent age, surely pensions were, effectively, a ponzi scheme?

    WHAT WOULD NATURE DO?

  • Comment number 39.

    @ Junkkkmale #22 - thanks for that! Now the FT is carrying Jeremy's e-mail and the "u" inserted into cuts (from Monday night) is now a topic in The New Statesman :o)

  • Comment number 40.

    #38 - barriesingleton

    "WHAT WOULD NATURE DO?"

    Kill us all off at a sensible age instead of letting us go on doing that which is only good for old farts with nothing better to do. Blogging.

    Sadly, with every new year, some idiot comes up with a reason why I should work on. At this rate, my 100th birthday party will need to be late so as not to conflict with another bloody meeting:-)

  • Comment number 41.

    I was borne exactly 10 years after D Day.

    My mother's family paid a high price to stop fascism - four brothere in the RAF all killed and my mum's first financee.

    They and many like them gave their lives to keep the UK going - our factories, mines, ship yards, railways and our genius for invention all played an important part in winning the war.

    Today we allow rich people to gut our society, exploit our people, export their jobs to the other side of the world and pay virtual slave wages there, whilst forcing us Brits to borrow to fund our economy - there's clearly nothing wrong in betraying your country for personal gain anymore.

    Money is power - it knows no boundaries - the rich can take their money wherever they want - and we are powerless to stop them as they asset strip our industry, speculate on our essentials like heating oil and holding their money in offshore tax havens.

    But at the same time we as a nation are expected to foot the bill for their excesses of greed in the City to the tune of 拢40k for every man, woman & child in Britain.

    So Jeremy - would you like a few words that sum up how I see the super rich?

    Obscene traitors that are betraying the people of their own country who should be passed through as many eyes of needles as possible on their way to Old Nick - with or without a camel to accompany them.

  • Comment number 42.

    news@10: despite the rhetoric, Washington is supporting Mubarak. if they did not, they would already have threatened to cut off the military aid to his regime unless he went.

    having said that, by now they will already have their own 'replacement' dictator to take his place, jus in case. No doubt Israel will be blamed for this in some way, as well.

    Its so repetitive.

  • Comment number 43.

    It may be worth mentioning that Cad and the Dandy are ex-bankers with a clientele drawn from the financial community. Would one really expect an impartial view. It is interesting to check their opinion about the role of bankers in other news media.

    Perhaps it would have been better to talk to the retailers based around the City in areas such as Spitalfields where investment banks who own their premises appear to be raising rents and driving them out of business, and at the same time threatening the communities within which they are based.

  • Comment number 44.

    Newsnight discussing capitalism and the rich without anyone defending the right to make money, to be successful.

    Here is an idea. Today is the birthday of Russian philosopher Ayn Rand, who was one of the most forthright defenders of capitalism. You could at least have invited an acolyte of her philosophy, such as the Ayn Rand Institute's Yaron Brook (a recent visitor to the UK on invitation of the Adam Smith Institute) or the like. A view to seriously challenge the notion that the wealthy owe other people anything.

    There needs to be people who will morally defend capitalism and entrepreneurial success. China and India are taking off because they are not hating those who do this.

  • Comment number 45.

    Fantastic Jeremy tonight with Boris Johnson :o) - compelling viewing. Great to see Michael Lewis with Paul too. I remember reading Liar's Poker when I was in school.......

  • Comment number 46.

    newsnight tonight was excellent. It reminded us that we need the rich( entrepeneurs wherever they come from} but also that the rich need to be philanthorpic (not just bankrolling football clubs)

  • Comment number 47.

    #44

    she was a name changer. why do you think she changed her name?



    that soul-less, satan like excuse for a person, irwin stelzer often defends your ideology on NN.

    china and india cannot be taken in by your libertarian, neo-liberal, free-market, globalist, fifth columnists. your type are spotted a mile away.

    there is still hope for the world.

  • Comment number 48.

    I can't help speculating that any alleged move towards " philanthropy " by the super rich could end up being focused into the trendy eco-fascist quasi-religion. Big players in global markets using their financial power to lever alleged democratically elected governments into introducing carbon taxes and other policy high on the eco-fascist agenda.

    Perhaps the super rich don't really care if low income people are incarcerated in ghetto's and frozen and starved to death to free up the country to make its safe and save the planet for them. After all its often the super rich who often push green investment scams like the alleged mega rich Sikh interviewed in the programme. Also those who allegedly started their their life on a council estate are often the ones who become the most committed Corporate Nazi's. ( promote socialism in the interest of multinational corporations ) How much longer will the ordinary working people of the UK be forced to fund the current welfare state for the stock market parasites ?

  • Comment number 49.

    Thank you for an interesting programme about the rich, perhaps things are about to change all over the place? if you were in a room and ate a thousand doughnuts you might lose your appetite for such a diet? similarly if our foreign policy keeps going tu perhaps we might get back to the values we believe in according to our history books?

  • Comment number 50.

    Debtjuggler - I think escaping Stalin's USSR with a Jewish name and wanting to restart your life in the US in the 1930s is a fair reason to change your name.

    Stelzer is no objectivist though, but nice hatred and name calling there. I would have thought that someone who would see the Conservatives as leftwing statists might actually help challenge the status quo.

  • Comment number 51.

    shy? NN, your webteam has my email. Msg.

  • Comment number 52.

    "WILL SOMEBODY PLEASE THINK OF THE CHILDREN"

    The combination of obsession, absent-parentism and de-facto statelessness, that goes with massive wealth-generation, reflects on children such that they tend to do 'more of the same' but without the original drive being needed. Some, of course, are destroyed by this.

    A few generations bring utter disruption, in natural terms. Robert Ardrey made a good case that HomSap is most suited when struggling to survive into reproduction, to replacement level - nothing more. What I describe above is the exact antithesis, requiring artificial props - both physical and psychological. There is no way that the centre can hold.

    Power and money are interchangeable (as matter and energy). It is no accident that, as wealth becomes more obscene, so governance becomes more debased.

    Dave is using us as a Meccano set, or a Formicarium. He may well half-believe in his nurturing credentials, but he鈥檚 heir to Blair, and just look at the speed with which THAT worthy abandoned his Sedgefield flock, when he tired of play.

    The Westminster Ethos is without one redeeming feature. The Citadel stands to remind us we are powerless pawns; playthings of wealth and power, in the hands of the unworthy.

    Don't just weep, do a bit of rocking.

  • Comment number 53.

    46. At 11:27pm on 02 Feb 2011, ukgerman wrote:

    ---------------------------

    unfortunately you forget one of YOUR greatest countrymen



    you are not worthy

    grussgott!

  • Comment number 54.

    Punxsutawney Phil, did not see his shadow, thus predicting an early spring, and hes not a banker!

  • Comment number 55.

    Immigration officer sacked for putting wife he didn't like on terror watch list



    so someone can put someone on a terrorist watch list with little security clearance? it took 3 years for the govt to work out one of their terror officers had a wife on the watchlist?

    who is driving this runaway train?

  • Comment number 56.

    Jeremy's debate on the super-rich totally underlines the divide in our society. And the participants rather than just highlighting the problem are part of it.

    He discussed the issues of the super-rich with people who are well-off. No sign in the debate of anyone struggling to get by.

    Just another middle class arena to opinionate and expel intellectual steam and then tootle back to a comfortable home and plenty...whilst the great inequality of wealth distribution lay all undiscovered before them. Apologies and thanks to Newton.

  • Comment number 57.

    tonights show:




    #43: well said.


    #44: Rand did not defend "capitalism", she defended the right to exploit others and pay nothing back. In pre-Capitalism days, she would have been defending direct-slavery, not just wage-slavery. Few have done more harm to the word "Capitalism" as she.


    #47: DJ, unfortunately China and India have followed the same beliefs, - and will suffer the same problems from them.

    *however*, India has a long history and traditional of local Capitalist-Partnerships (cooperatives), and now China is experimenting with them in farming to increase productivity as we saw on NN last year.

    so perhaps they *do* have the knowledge to avoid the 'crisis' currently hitting the West.


    oh, ever wondered why the UK high-earners have been demanding more money for the same (or worse) service?




    btw, something that needs explaining, as far as i am aware, the higher bands only cut in *above* the higher bands. The 50% is only paid on incomes OVER the 50% barrier - if you earn 拢100 over that limit, the 50% only applies to that 拢100, not the entire income. Earning more money does not make you poorer, no amount of gnashing of the teeth of the super-rich can make that true.

    on tonight show again: i used to have a friend who would borrow money from me, and only pay part of it back when he wanted to borrow some more slightly later - usually a higher amount. The risk was that saying "no" would lead to never getting *any* of the money back. He knew this, as i said he is an ex-friend, although it took me an embarrassingly long time to wake up to the reality of the 'friendship'. The application to the banks and corporations is quite similar. They give a little, and take far more - often with menaces. Sooner or later we *have* to get rid of them, and clean up our banking sector, indeed, our ENTIRE economy.

    now, or later?

    jeez, don't ask me, go find a Sybil to ask. Don't look for her in Downing St/Whitehall, however.


    - i would have enjoyed seeing the edl guy face that floppy-haired [bleep] on the last panel. The woman was spot on however.

    are we REALLY hearing arguments that the rich should be untaxed, and we should rely upon schools and hospitals from their beneficent donations???????

    in the Victorian times, such generosity was essential, as the State did frak all. In *MODERN* times though, the State DOES give free education and health to its citizens (that's us, btw). And it taxes to pay for it. By avoiding tax, it is OUR schools and hospitals they are closing - deliberately.

    in fact, with the current Govt, not only are they refusing to pay tax, they are demanding the Govt sell the schools and hospitals to THEM to profit from. Although, with Thatcherite politicians, they don't have to demand, they don't even have to ask. The Govt will give it to them anyway - and pay them to take it, if they can get away with such piracy and looting from the Public without attention.

    btw, how much do these private companies expect to profit from hacking down all the UKs forests?? What is the value of these currently Public-owned assets?

    and pray tell us, how can selling off the forests and logging companies increase the income to the Exchequer, than the companies being owned directly by the Public?

    "Privatisation". The strangest religion of them all.

  • Comment number 58.

    Egypt. Oh God. Please let matters turn out well there. The People deserve better, insh'Allah.

    salaam to the region. Live up to your religion, and your dreams. May the 'evil ones' not triumph.


    peace and love.

  • Comment number 59.

    Good show. Pop open a bottle for yourselfs.

    The new Tory spin fella seen on a video clip performing on stage. Did Emily of Newsnight fame happen to be on the same stage too? Is it really such a small world or do I just need glasses.

  • Comment number 60.

    #50 Libertyscott

    challenge the status quo in indeed!

  • Comment number 61.

    nuclear is allegedly "green technology"??

    /news/science-environment-12335595

    and it seems Russia doesn't give two [bleeps] for protecting its own people.


  • Comment number 62.

    #24 Brossen:

    "If Hitler had infiltrated the UK in the 1930s he would probably have been delighted by the actions of the Corporate Nazi stock market parasites, almost the perfect fifth columnists."

    and which part of the British Polity supported Hitler? Nothing has changed.

  • Comment number 63.

    #41: Richard, we needed you on NN tonight. :/

  • Comment number 64.

    Another fine mess the coalition is getting us into! Perhaps they'll leave! ; )



    My wonderful GP retired early a few years ago, because of the constant changes and the wonderful NHS computer system, he just couldn't stand the uproar the NHS was becoming even then.

  • Comment number 65.

    62 are You GOO in Disgust? Corporal Hitler is Brown Bred Dead

  • Comment number 66.

    Q How THICK is/are 2 Short Planks

    A A Lot Thicker Than I Thought

    Oh Well back 2 the drawing bored

  • Comment number 67.

    This might be an interesting programme to listen to

    /programmes/b00y8vk4

    The "right" word mentioned on the beeb, never.

  • Comment number 68.

    Last Nights NN Clear as Muddy Waters

    Do I Trust Politicians MMMM NO

    Do I Trust Bankers MMM NO

    Do I Trust Religious BOOKS MMM They Are Only Guide Books For The Blind Obvious, Not Many Around that NO How 2 Read Them

    Do I kno how 2 read them NO

  • Comment number 69.

    How can "jobless" and "recovery" be used in the same sentence to indicate we are out of recession?!



    Jobless surely means unemployment which means disaster for some people.

  • Comment number 70.

    Dear Eddy/Neddy Baby ( nu silly stupid party ASS for short)
    Clocked that speech you gave 2 the Troops in Afghanistan it
    was Wonderfull, the bit when you said this is nothing 2 do with PoliTicks/TRICKS was A Belter, they swallowed it Hook Line and STINKER
    Squaddies Unlike You No NuFink about Bull*Hit do they.
    Anyway enough of that Bull, the middle east is kicking off big stylee
    just thought of a new wheeze, 80 mill in Eygpt half of them dont have a scooby if you let 40 mill in2 the uk just think how many votes you will get, TB is in the country he tryed it, it didnt work for hymn, he didnt get enough in. 40 mill thats a lot of votes neddy baby.
    No need 2 thank me neddy I have 220 new identitities thats bringing me a load of dosh. just keep keeping the taxman off me back.

    yours no names no pack drill

    Ps do you knead anymore Whitewash for the chillcott enqueerey
    Got Loads in me Lockup

  • Comment number 71.

    Globalls WARmings is it because ManKind of is producing 2 much CO CU 2
    Well reduce the PopuLace Brains

    EaZee InnIt

    Just in Case for the Numpty Plonkers Jaw Jaw is Better than WAR WAR

    How Do I Get A Council GAFF, Get Pregnant as many times as you like, The Very Dozy TaxpaYER Will Foot/Boot the Bill

  • Comment number 72.

    PEOPLE OF DIFFERENCE (#67)

    As I posted recently: we need to look at WHY the amateur zoo-keepers were so stupid as to think all apes are the same, and to bung them in the one cage.

    I suppose it might be because zoo keepers know no history of collapsed nations? ALL THEY KNOW IS LAW AND PPE, because that suits party games under the Westminster Ethos, and they are PRE-SELECTED by parties.

    Your move NewsyNighty: Why did cipher politicians have no inkling of natural tension between 'people of difference'?

  • Comment number 73.

    RECOVERY (#69)

    In the Age of Perversity, 'jobless recovery' sits neatly with 'functionless survival'.

    Improved GDP is success, regardless of degraded lives. And in war, the 'ultimate price' of consciousness trapped in a shattered body (even mind) has no grand title.

    WE are trapped in Westminster Perversity AND THEY MEAN TO KEEP IT SO.

  • Comment number 74.

    This comment was removed because the moderators found it broke the house rules. Explain.

  • Comment number 75.

    Whats this about The Big Fat Waist in The NHS .. No Never

    Re the Drugs that people dont take (guilty as Charged)

    PLACEBO's made of chalk diffeRANT Colours

    Cost 2 the Taxpayer .. Zilch EAsy innit

  • Comment number 76.

    Patients 2 Fat for Ambulances Fluids Only .. till fit/fat eaze int 2 it

  • Comment number 77.

    AmbuLance Staff Health n Softy anyone over 20 Stone, Sorry You Will Have 2 Walk, The Exercise Will DO YOU (In) Good

  • Comment number 78.

    The super rich will still water here as they dont pay tax so fashion art opera restaurants will be secure and investment and the over spending will continue.
    the "bankers" are essentially from the same schools as the politicians who make the policies anyway and wont go to foreign climbs as they would be out of society and good riddance if they do
    if the banks are but 10% of the GDP anyway and probably pay less tax percentage than F Bloke and Sons LTD. then why the panic encourage new industries and technologies isnt how the empire was made in the first place - and were quite good at it.
    so run the colours up the flag pole claw back the dosh the banks owe the UK public send them to prison for fiddling expenses, tax evasion, etc. Encourage philanthropy in tax breaks - as the US -
    try looking outside the limited gene pool of the privately educated for the future leaders of GB.PLC it might actually leave something for the grandchildren to inherit instead of cutting the cloth ever smaller and adding more water to the gruel.

  • Comment number 79.

    The Rich

    putting lipstick on the pig comes to mind.

    Ground Hog day?

    Hog day everyday in the city?

  • Comment number 80.

    Wealth is based on greed and a drive to appear on the most rich list.

    Fools that they are cannot see what is going on around them for unless they accept that you can only spend so much money and the satisfaction from having it can only be gained from philanthropism to help those they have gained it from there will come a time when they become outcasts and end up on the same overcrowded island.

    We are seeing people power using the most medieval methods of strength in numbers to seize the power that all the modern armies or police are not numerous enough to defend.

    It should be a warning to even western countries that to neglect the aspirations of the younger generation will have dire consequences and better to make the pay back now than leave the bill for them to pick up in the future.

  • Comment number 81.

    A PHILANTHROPIST IS NOT RECOGNISED IN HIS OWN 'LAND' (#80)

    Well said VSL! "the satisfaction from having it can only be gained from philanthropism to help those they have gained it from"

    It has become quite fashionable for the well-rich to splash out on the handy poor. I have yet to hear of a retired business man seeking out his erstwhile employees, to share the wealth that they, in fact, made for him.

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