Why Boris plan to cut 10 Fire stations will kill Londoners

Hat tip SERTUC for this Fire Brigade Union video with voice over by Ross Kemp about what will happen if these fire stations are closed.

"- Ross Kemp’s campaign film “Every Second Counts” is available at http://ow.ly/oBEO5
- The film is being promoted by FBU members and supporters via social media.
- Petitions against the closures can be found on the Government’s e-petition site at http://epetitions.direct.gov.uk/petitions/41043 and on the 38 Degrees site at http://you.38degrees.org.uk/petitions/save-our-firestations
- The evidence that the Mayor has misled Londoners on his plans and the script for the film are available on the London FBU website at www.london.fbu.org.uk/?page_id=527"

TUC 2012: Nationalise the Banks?

Motion 27 "Public Ownership of the banks" moved by the Fire Brigades Union saw the first real "debate" of Congress since there was a speaker against. While much of the motion makes sense I don’t see the answer to the "disastrous role of the banks" being "full public ownership of the sector". In the TUC statement on the motion it mentioned the huge cost of doing so (£180 billion) and fairly asked whether this would this include successful and well run mutual banks such as Nationwide and the Co-op?

I was surprised that during the debate there was no discussion about the role of workers capital and the governance of banks? It was mentioned that the money in banks is "our money" but we also already own significant bits of many banks via our pension and insurance funds. The problem is not just the "de-regulated, free market model" – it’s also that we have no meaningful way of exercising our rights (and responsibilities) of ownership over our shareholding in banks and other companies.

Decisions are taken by fund managers in our name with our money but often in their interests and that of the financial services "mates culture".

The motion was passed (UNISON abstained since no policy) but I understand that since the TUC Council statement was also approved then the statement overrides the motion. Classic TUC.