Tuesday 13 June 2017

The 2017 UK election: some afterthoughts

Hi guys, I'm back from my break in Riga (had a lovely time, what a wonderful city) and I only just got the results literally hours before I flew off to Riga. In fact, by the time I had landed there, they were still doing some of the recounts, so I have had quite a while to process the results of this snap election. I have been asked to give my reaction to this election since the results had shocked many people (in a good or bad way, depending on where you stand on the political spectrum) including myself, I had believed the opinnion polls and thought that this would had been a very easy win for May, but look at the mess she had gotten herself into now.  So let's jump right in with some Q&As about this election, I've included some brilliant videos by Jonathan Pie to help you make sense of this monumental fuck up mess.
Q: Who did you vote for? 

A: Well, I now live in a Labour safe seat so the results were a forgone conclusion. I chose to turn my vote into a protest vote and voted for the Liberal Democrats. Labour have always been way too far to the left for my liking, in principle I may share much more in common with the Conservatives when it comes to running the economy but I really don't like a lot of the individuals in the Conservative Party right now (May, Gove, Johnson, urgh - need I go on?) so the Liberal Democrats are always a good compromise, especially since I do agree with them on the need for a soft Brexit so as to minimize the shock to the British economy. Tim Farron isn't as brilliant as Nick Clegg, but he has impressed me far more than May or Corbyn. The Liberal Democrats came in third in my ward, behind the Conservatives - it was won by Labour, but that was no surprise at all. This is why the 'first past the post system' sucks. #proportionalrepresentation

Q: Where are you on the political divide?

A: In any case, I have little incentive to be on the left of the political spectrum. If May wants to slash public spending on education, then go ahead: I have no kids to educate and I've no plans to get another degree. If she wants to slash welfare benefits then guess what? I'm a multi-millionaire businessman who wants to pay less taxes anyway and being from Singapore, I believe a bit of Singaporean-style tough love would get a lot of unemployed people back into work. Widening gap between the rich and the poor? Well, guess what? I'm on the rich side of that divide, so I really don't mind or care either way. I'm your typical voter who has every incentive to vote Conservative, but I don't because the party is currently full of such odious, nasty characters whom I simply detest and do not want to see them in office. I liked David Cameron and Nick Clegg very much but they have both given up on politics now. Most of the main parties are pretty consistent on the issues that do matter to me when it comes to social issues (gay rights in particular), so I always default to the Liberal Democrats as it places me firmly in the middle of the political divide. I want a sensible pro-business government that will slash public spending and promote liberal values; but I also want to actually like and trust the people in power, I don't want a bunch of evil wankers whom I detest in power - is that too much to ask for?
Q: Are you shocked by the results? 

A: Well yes, somewhat. We knew it was going to be close but not so close that May would lose her majority. I had believed the polls, but of course, given that the polls have gotten it wrong on so many previous occasions from Trump to Brexit, there was just sense of, "okay, let's never believe the polls ever again." We knew that Labour could do well if young people did come out to vote and guess what? They didn't for the EU referendum but they did this time round - which is really frustrating for me as we lost the EU referendum by such a narrow margin and if only more young people came out to vote then. Then there's also people like myself who are neither young nor old but are older working adults in that age gap of between 35 to 50 - it is then down to the politicians to win our votes since we are more likely than the younger voters to turn up at the polling station on polling day to cast our votes. I think this does tell us quite a lot about the role of the media and the nature of British politics - the right wing press has practically slandered Corbyn in the run up to the elections but that simply wasn't enough to pull wool over enough voters in the age of the internet.

Q: Why didn't you believe in Corbyn then? Do you like him now?

A: I had said so in the past that I didn't have faith in Corbyn and I stand by that - I was proven wrong of course by the results of the election but it still hasn't fundamentally changed my opinion about Corbyn for the same reasons. We live in the social media age and three examples of social media savvy politicians whom I adore are Macron, Trudeau and Obama. Now they are the kind of politicians that young people would connect with easily - Corbyn seems to be a harder sell. He's older, he looks more like a tired grandfather than a vibrant young leader like Macron. I don't even know where to start with his image - even in the 1980s, he already dressed terribly; no not like a punk rocker or a goth trying to send a rebellious message through fashion, but more like a blind man who got his clothes from the charity shop. The only way that kind of image could appeal to the voters is to force them to look at his policies because he has no style to speak of, no charm and is seemingly oblivious to the problem. Perhaps that's part of his appeal, if he is aligning himself as an anti-establishment, anti-big business, anti-'the system' type of politician. The salesman in me still believes that he could do so much better if he were to employ better image consultants and improve his PR image. If that makes me shallow, then yes I'm guilty as charged - I just don't believe you can trust voters to vote only at policies.
Q: What will happen next - will May remain as PM? 

A: Nobody knows, many want her to go but you can't change the fact that the Conservatives did win more seats than any other party even if they have lost that working majority. Labour cannot form a government as they just don't have enough seats. The Liberal Democrats have refused to go into coalition with the Tories as it went badly wrong for them the last time they did that, so the Tories are now trying to turn to the DUP from Northern Ireland to give them that majority - but wait, the story isn't over yet. The peace process in Northern Ireland is still a very sensitive issue so if the DUP (a nasty bunch if you ask me, they are odious and evil) go into a coalition with the Tories, then that threatens to throw the peace process in Northern Ireland into jeopardy as the Westminster government is no longer a neutral peace broker in the process if they are in bed with the DUP. So the situation is a total mess and we won't have a functioning government for a while, with the Brexit negotiations starting imminently, well there is talk of having another election - but what if that simply delivers the same result of yet another hung parliament? What then? We're back to square one after wasting even more time and money. My guess is that May is going to force a highly unpopular deal with the DUP through, though I hope it won't come to that as it would be a highly unpopular coalition that is going to be ineffective every step of the way. So much for strong and stable, she has well and truly fucked up this time.#Mayhem

Q: How does this affect you? 

A: Well, I have just returned from Riga and the news of the election results broke hours before I got on my flight and I really should have changed my Euros before that - but like so many, I really did not expect the results the way they were. The exchange rate fell by about 1.7% which would technically speaking have made my holiday a bit more expensive, but prices were so cheap in Riga anyway that I didn't really mind or care either way. For example, you can get a set lunch for for between 3 to 5 euros in downtown Riga and it was of a decent quality. Wanna get an ice cream? Prices start from 0.16 euros and even my favourite which was a "Super Viva" piƱa colada sorbet was still just 0.89 euros. I got a coffee at the museum and it was just 0.50 euros. I bought a box of beautifully ripe strawberries and it was just 1.50 euros. I soon forgot that I was paying 1.7% more for my holiday as everything was so ridiculously cheap there - kinda like what I was in Romania! Conversely, if I were to head to a more expensive holiday destination like Norway, Switzerland or Japan, having a currency that was 1.7% or so stronger wouldn't have helped that much anyway. As for as the pound stays stable and the British economy stays robust, then us British folks will mostly be fine.
Q: Where did May go wrong then? 

A: May went into this election asking for a mandate to go ahead with a hard Brexit - she clearly didn't get it and many say that this is the end of any hopes for a hard Brexit. Even if she does get her unholy alliance with the DUP, they don't want a hard border in Northern Ireland with the Republic of Ireland, so many compromises will have to be made when it comes to Brexit. What happened was that May had gambled on a presumption that the EU referendum results meant that if she simply gave the public what they wanted, she could be assured of an easy victory - but the Brexit result was never that straight forward. Many people voted for Brexit without understanding what Brexit meant - it was a 'throwing the toys out of the pram' protest vote moment for many poorer, working class people who have seen their living standards stagnate or even decline in the last few years and since the prime minister along with many politicians and business leaders wanted to remain, they did the opposite just to try to get their voices heard. That was the same reason many Americans voted for Trump. By that token, May totally misunderstood the reasons why people voted for Brexit and of course, she had also woefully underestimated the opposition, she shouldn't have listened to the polls claiming that she was heading for a landslide victory. She is a woman who is clearly out of touch with what is going on in the country - Corbyn on the other hand managed to connect with a lot more working class voters especially younger votes in the 18 - 25 group, but whether or not he has the solution to their problems is another story altogether.

Q: Is May finished then? Will the UK have a new PM soon?

A: Quite frankly, I don't know. It is possible that she could get ousted by her own party if she loses the confidence of the party members - but this begs another question, who could replace her? Who will want to accept the poisoned chalice and take over from May at this time, leading a minority government or an uneasy coalition into tough Brexit talks with EU officials who are ready to shit all over anyone from the UK who turns up at those negotiations? May took the poisoned chalice from Cameron when he buggered off after losing the EU referendum and now look what happened to her - she paid a high price for greedily grabbing the poisoned chalice for a chance to be prime minister. Anyone who accepts this poisoned chalice from her will inherit a long list of problems to solve, May's to-do list isn't going to go away if she says, "that's it, fuck this, I'm done, you take over. I'm bloody rich anyway and 60, I don't need this." Boris Johnson has been lurking in the wings for a long time, but he is only 52 - he isn't that old as politicians go and he may decide that this is the wrong time to make a bid for power and oust May. Technically speaking, he could and it has been done before (Thatcher was unceremoniously ousted by Major back in 1990 against her will). If Johnson takes over and then fucks up as well (he has no magic wand to wave to fix everything), then he'll only be setting things up for a massive Corbyn victory. There really isn't anyone else in the Tory party to take over from May.
Q: What lessons can we learn from this then? 

A: Gosh where do I begin? Take all polls with a huge pinch of salt or better still, disregard them. Never underestimate the complexities of the motivations of people who vote one way in a referendum, never underestimate the power of the 'protest vote'. Never give up on trying to engage young people to vote because they did turn up this time and made a huge difference. Never go into an election assuming that just because you're in a safe seat, the result is a foregone conclusion: Kensington & Chelsea have voted for a Labour MP by a tiny margin of 20 votes. That is unthinkable and I'm sure there are plenty of people there who are kicking themselves for not getting out and voting that day. And I suppose many people are looking at this and thinking that this is a victory for democracy, it is a mess of course but such is democracy: it goes to show that when you do engage the public in politics they can make their voice heard and that's far better than the political apathy. I'm not sure what will happen next, but strangely enough, people are feeling hopeful rather than worried. Should they be hopeful rather than worried? Who knows? I don't know what to think anymore, I'm just glad that my fate is in my own hands because I work in finance and have a good job, I'm not like one of those poor people who are working in dead end jobs, dependent on hand outs from the government to make ends meet. So by that token, what happens next doesn't have that much of an impact on me and thank goodness for that!

So that's it from me on this issue. I hope I have managed to give you a bit more insight into the political situation in the UK at the moment. If you have any questions or comments, please leave a comment below. Many thanks for reading.

15 comments:

  1. Oh and before you ask me to comment on it, yes I've read the whole thing about the Lee siblings' having a massive online squabble. I'm trying to get an early night as I'm off to Wales in the morning - I've got my own thoughts on the matter of course, but will not be able to write about it for a while yet. Please bear with me, let's see how this pans out. Will probably write about it once I'm back from Wales.

    ReplyDelete
    Replies
    1. Hi Sandra,

      1. But May did do a big U-turn on the whole 'dementia tax' issue knowing it was going to be costly, damage was still done nonetheless.

      2. To be honest, I'm not even thinking that far ahead you know. I'm thinking only as far ahead as next Tuesday when I have two client meetings and am trying to make sure I schedule them in a way not to have to rush from one to the other. I'm 41 now, my dad's 79 and still doesn't need any care so perhaps I have another 4 decades to go before I need to worry about this issue?

      3. As for my nephew - I don't think I have thought about the issue either, for me, I believe in the saying, give a man a fish and he will have dinner tonight, teach a man how to fish and he will never go hungry. He's autistic, not retarded. I'm autistic too but overcame my difficulties to find work and become successful in my niche. That's what he needs to do: find his niche. The education system right now is terrible, but he just needs to be given enough freedom to find his niche in something that he can turn into a trade, a profession.

      4. As for Kensington, well there are many rich foreigners like Arabs and Russians living there and they don't get to vote.

      Delete
    2. If I may point out, he already has my parents, his parents and an aunt (ie. my older sister) who are prepared to leave every penny they have to my nephew when they pass on, so it is not like my nephew doesn't have any inheritance to look forward to - nonetheless what kind of message are you sending a 14 year old if you say, "don't worry if you bueh tak chek, uncle is a super rich millionaire businessman with no children and you'll inherit his millions, so you can spend your adult life sitting in front of a computer playing games all day whilst ordering pizza, no need to work, so shiok." Nah, that is NOT what I want for him! I want him to find his niche and become successful and happy through work - and if that means removing an element of a safety net to motivate him, then so be it (how Singaporean of me). But I don't think my actions really matter as he's already expecting a fairly sizable inheritance in any case: my older sister will get my parents' home (quite a nice one too) and she'll leave it to him, then he'll also get his parents' home + the buy to let my parents have done (a v nice condo) on top of everything else. That's THREE substantial pieces of property in Singapore worth at least 3 to 4 million in today's value without the kid lifting a finger. Oh shit, that kinda shits on my theory to motivate him to find his niche - without even factoring me into the equation, the kid is minted. How lucky is that? How many kids in Singapore are sitting on an inheritance of that value? I think if he has thought about it, he would've worked that out.

      Delete
    3. I'm surprised people are even voting in parties or politicians hoping that they will keep their promises. May is hardly strong and stable, once she became PM she reneged on so many of her promises (there is a huge list online so i won't bother posting here) which is very typical of most politicians. Once they get in power they do whatever the hell the want really.

      Delete
    4. Sandra, no first time buyer would attempt to get on the property ladder in Kensington. The sensible solution is to simply go onto a website an look for more affordable locations some distance away, in the suburbs, then once you move say 10, 20 miles out of London, it suddenly becomes extremely affordable. Trying to change the system, overthrow the capitalists by voting in Labour - that's just dumb. No way. People who earn 50k a year are not that fucking stupid. They'll just move a few miles further out of town and get quite a nice house in somewhere like Putney or Wimbledon. Problem solved. Duh. No need to overthrow the bourgeosie or start a military coup. All you need is rightmove.co.uk

      Delete
    5. Hi Sandra, I was in Horsham yesterday, about 1 hour outside London by train and I walked past the estate agent and struggled to find a house as expensive as the place I have in London. For slightly less, you can get a HUGE house, garden, 6 bedrooms and a garage. For as little as 62k, you can get a 1 bedroom new built. Have you considered looking further afield and not central London?

      Delete
    6. Nothing special about from Horsham apart from the fact that it is a long way from London - hence is is lelong-lelong super cheap. £62,500 for a one bedroom. For crying out aloud, I have enough spare cash to by two of those just like that.

      Delete
  2. Macron just won a huge parliamentary victory over Le Pen. So coupled with this UK result, wouldn't you say there's seemingly been a reversal on the trends of last year? I mean, at least among the Brits, who still can't seem to make up their mind, the result seems to suggest that "hard Brexit" isn't what most people want.

    ReplyDelete
    Replies
    1. And thank goodness for that. May was totally wrong on her approach to Brexit.

      Delete
    2. That's why I say drop all the talk on impeaching Trump. Let him have his shot and if he does what he says good for him, if not, it'll be his own supporters who hang him out to dry.

      But I'd like a stab at the Lee family problem. A lot of pro-PAP people are saying its a family affair and others should not comment. But hey, if LKY's house is going to be made into a heritage museum, then it becomes a public thing, no? We don't need to know all the details but we do want to know what happens to the house right?

      My case for PM Lee Hsien Loong would be that some of his siblings' claims are bordering on weird. Either they are not telling the whole story, or they must think 38 Oxley Road is some magical entity that PM Lee can preserve, move in with his wife, and henceforth ensure political domination for him and his offspring for all eternity. I mean come on, we all know who he is. How does the house allow him to "inherit LKY's credibility?"

      Added to the fact that having the Lee siblings give a lecture on power and privilege is only less laughable than if it were given by the Trumps. I mean the Lees are all smart capable people, but Lee Hsien Yang is talking like as though no one batted any eyebrows when he was made CEO of F & N and Singtel when his father and brother were in power. And Lee Wei Ling? Just last year she mocked and ran down Chee Soon Juan, a political opponent of LKY who was sued into bankruptcy for libel. I mean, as much as I admire the founding father, it was true he did have an iron fist at times, no? We revere LKY with his strengths as well as his weaknesses isn't it? Has Lee Wei Ling ever spoken on anything else? Not much. So is it pretty much a case of if Daddy did it, I'm with him all the way but if big brother does it, he's an ass, and by the way, I hate my sis in law as well because she's so not like my mum.

      The case against PM Lee Hsien Loong however would be to say what's the big deal with that house that he has to go to such lengths to get what he wants? Has he done anything we don't know of to his brother that makes him want to leave the country? If so, then why expose himself to such scandal? It is not some opposition loony like Roy Ngerng here who given enough rope, will eventually hang himself. It is his own brother. If he has done something serious enough to make his brother want to leave, is it right, or worth it?

      I guess we'll see.

      Delete
    3. Let me post my 2cts as well, there are rumours going around that LHL and even his wife have abused their powers to get what they want. This i don't doubt seeing that LHL used the deed of gift to get control of the Oxley house as well as confiscate audio recordings of interviews with the late LKY as government property when it should have been property of the Lee family. These recording should have been released to the public but is now locked up by the Singapore government under the official secrets act, makes you wonder what LHL has to hide. And there are also rumours of Ho Ching's influence on civil servants when she is not part of the public sector at all. This is all very disturbing and no way wins the PM any allies.

      This is in stark contrast to Dr Lee Wei Ling, she is pretty laissez faire and does not interfere with the running of NNI which i gather from speaking to a few staff members working there.

      Delete
    4. Wow very insightful. I knew there has to be more to this story. So weird why they are fighting about this. What was LKY relationship with his own siblings?

      Delete
    5. Could be a case of Wayang, just a bit of theatre

      Delete
    6. Well the timing of this dispute is suspicious. It might be a smokescreen or diversion tactic, to take people's attention away from more pressing issues.
      We all love juicy human-interest dramas & can spend hours dissecting every angle/ speculating about motives, even if we cant grasp the dry legal aspects or dont have the full picture of whats going on.

      As a result, we wont notice if something more important but harmful is insidiously slipped under our noses.
      Say for example the coming PE where there are possible contenders who dont meet all the requirements, but may qualify for "exceptions" simply to give the appearance of democratic process.
      With this family saga making the PM look so beleaguered, unthinking citizens may be prompted to cast sympathy votes for his preferred candidate.
      We'll overlook the controversial circumstances under which the election is being conducted, until its over & the outcome is what they always wanted.
      And then, this "siblings' spat" will mysteriously disappear & conveniently be forgotten by everyone.

      Delete
    7. I really don't GAF about what happens to their family home. Do other Singaporeans who are not related to them actually care about this?

      Delete