Tuesday, October 18, 2022

Two recent political activities in the United Kingdom/Carlos Pueblo

 Two recent political activities in the United Kingdom/Carlos Pueblo

There are two political activities occurred in the United Kingdom recently caught my attention, first the lady premier fired her treasury secretary for cutting taxes for the rich; second Manchester city police rescued a Hong Kong immigrant protester inside the Chinese Consulate General compound. I have paid very much attention to both London and Manchester in recent years of my visits to both place and I like the politic.

Liz Truss replaces Boris Johnson recently as the Premier for the U.K., she she faces the inflation 2022 and urgently required her attention. She is a conservative party, Tories like the Republican Party in the U.S. She believe a tax cut will stimulate the spending and therefore, cut the tax will trigger the economy and gets the U.K. out of the recession. Trump and his supporters have claimed such credit for at least since 2016. Obviously, the Lower House or House of Common can't get enough votes to pass such bills which would force the new regime to be collapsed and a new election must be held immediately. It is called the non-confidence vote. It will not happened in the U.S. and applied to the U.S. President, i.e. the late Trump's Mexican bolder wall fund rejected in the House. Trump was still finishing his 4 year term as the President without a new election until 2020. I can't tell which system is better than another. I can see the U.S. Fed creates some gap of the interest rate in order to maneuver the rate later when it is needed such as 2008 case. Most of the economic power houses in the world are still watching carefully to move the interest rate; therefore, their rate are still near 0 for the time being. They may make the same move later.

The Chinese Consul General in Manchester lead about 10 fellow consulate diplomats out to beat up protesters mostly immigrants from Hong Kong. I saw a live video presented by the great BBC to show how many Manchester police forces quickly move in to rescue a victim out of the Consulate compound. It is so ridiculous. Chinese diplomats think that they are still in China or Hong Kong.

I have been to both London and Manchester for many times and I love both cities. I have been sitting for two hours for a regular meeting at the House of Common nearby the Westminster Church with a bronze statute of the Lion King Richard. I have marched many miles on the rivers and canals around Manchester. Both are very interesting indeed.

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