George Osborne

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Person.png George Osborne   Powerbase Sourcewatch Twitter
George Osborne1.jpg
George Osborne, millionaire newspaper editor
Born Gideon Oliver Osborne
1971-05-23
London
Alma mater Magdalen College, Oxford
Religion Anglicanism
Children Luke Liberty
Spouse Frances
Member of Bullingdon Club, Notting Hill Set
Party Conservative
Website http://georgeosborne.co.uk

Employment.png First Secretary of State Wikipedia-icon.png

In office
8 May 2015 - 13 July 2016
Preceded by William Hague

Employment.png Chancellor of the Exchequer Wikipedia-icon.png

In office
11 May 2010 - 13 July 2016
Preceded by Alistair Darling
Succeeded by Philip Hammond

Employment.png Shadow Chief Secretary to the Treasury Wikipedia-icon.png

In office
14 June 2004 - 5 May 2005

Employment.png Member of Parliament for Tatton

In office
7 June 2001 - Present
George Osborne, former Chancellor of the Exchequer, is Senior Adviser to the world's biggest fund manager, US investment firm Blackrock (at a salary of £650,000 for four days work a month) and takes up his duties as editor of London's Evening Standard early in May 2017 (salary unknown).[1] As of 2016, he received £786,450 from the Washington Speakers Bureau, receives £120,000 per annum as a Kissinger fellow (a US academic programme run by the McCain Institute) and is paid £74,000 pa as Conservative MP for Tatton in Cheshire.[2]

In June 2016, George Osborne, the Chancellor of the Exchequer, was reported to have an offshore family trust worth £4.5 million:

"He says that he will pay the tax on the money when it comes back onshore. Of course, it never will."[3]

Background

George Osborne is a former public school boy and heir to the Osborne and Little wallpaper fortune, he says he has been a Conservative all of his life. He describes one of his earliest jobs in politics, as official Conservative Party observer at Labour's annual conference, as the worst he has had.[4]

"War on Terror"

George Osborne announced in November 2015 that the government was planning to hire 1000 more spies across Britain's secret services to help fight the "war on terror" in a spending increase which was "all about putting the security of British families first".[5] Just a few days before he had suggested that a "wide-ranging set of government spending cuts" was necessary.[6]

Bush fan

David Morrison writes:

In an article in The Spectator on 28 February 2004, he confessed to being a long term fan of George Bush:
“I’m a signed-up, card-carrying Bush fan. I have been ever since I met him when he was governor of Texas. … He found an answer to this question: what is the Right for in the age of Clinton–Blair? The Conservatives would do well to listen and learn.” (see Osborne’s website here)
As befits a fan of George, he was gung ho for invading Iraq. As early as 29 April 2002, a year before the war, he lectured Defence Secretary, Geoff Hoon, in the House of Commons on the necessity for military planning for a ground invasion:
“Both the Prime Minister and the American President have made it clear that military action against Iraq is at least an option, even if no decisions have been taken. Can the Secretary of State reassure the House—or at least, the Opposition—that intensive preparations are under way for the contingency of military action, including a possible ground campaign; otherwise, the threat against Saddam Hussein is hollow?”
To be fair to him, he didn’t pretend that the invasion was about disarming Iraq of “weapons of mass destruction”: he simply wanted “regime change” in Baghdad. In a House of Commons debate on 22 October 2003, he was one of the very few backbenchers to defend the decision to invade, and to do it with vigour:
“It is also worth stating in the House that the decision taken that day was right, and that those who supported it should not be defensive about the way they voted. Moreover, those who supported the decision should not feel defensive about saying that those who opposed the war in that vote were wrong. They were wrong when they prophesied a long and bloody war of attrition. They were wrong when they prophesied a mass slaughter in Baghdad. They were wrong when they forecast a humanitarian catastrophe, which never arose. They were wrong when they predicted an exodus of millions of refugees, which did not happen. Indeed, they are wrong now when they say that post-war Iraq is a disaster and that the world is a more dangerous place because we have got rid of Saddam Hussein. We who supported military action should have the confidence to take on and demolish the arguments that we successfully took on and demolished in March.”
Understandably, he has not repeated this vigorous defence of the invasion since, in the House of Commons.[7]

Former Conservative MP Matthew Parris writes:

Listen to this: “England is going back to sleep. And little wonder when we’re told every day by sages in our national media that the War on Terror is misconceived, that the terrorist threat is exaggerated, that what we’ve done in the last three years has only made matters worse, and that the Iraq war was a ghastly mistake that is best forgotten . . . There are few voices to be heard putting the other view: that the terrorists pose a fundamental threat to our way of life, that fight them we must, that Iraq was part of that fight and that we are winning.”
This is taken from an article that appeared in The Spectator only 22 months ago. Its author did not realise that within little more than a year he and his friend David Cameron would be the two most powerful figures in the Conservative Party. Or that in time they would be odds-on to form the next government.
“We did not choose the War on Terror,” George Osborne continued, beneath the headline “While England Sleeps”, “it chose us. We could try to walk away from it now. We could distance ourselves from America, say the Iraq war was a mistake . . . But it would not save us. For remember the words of the Madrid bombers before they set out to kill 200 innocents on their way to work: ‘We choose death while you choose life.’ With people like that it can only be a case of them or us.”
Eleven months after that article was written, suicide bombers struck in London. To what extent this was an al-Qaeda plot is debatable, but Osborne today is unlikely to think his view of the world unsupported by what happened then. The thought, sentiment and fervour behind his article are of a clever, thoughtful neoconservative: more Wolfowitz than Bush, more egg-head than jar-head, but neocon nonetheless.[8]

Interests

In my capacity as Shadow Chancellor of the Exchequer, support for my office is received from: Lord Harris of Peckham, Mr S Robertson, of London
Gifts, benefits and hospitality (UK) February 2006, I received upgrades from Virgin Airways on return flights London to Washington DC. (Registered 22 February 2006)[1]

Donations complaint

In 2008, The Daily Telegraph reports[9] that Labour MPs John Mann and Kevan Jones had submitted a complaint about £500,000 in donations for shadow chancellor George Osborne. No further details were disclosed.

The Guardian adds that Osborne 'had failed to inform the parliamentary commissioner for standards of nearly £500,000 received last January from bankers'[10]. again no further details were disclosed.

Affiliations

Connections

Osborne is reported to have thanked Daniel Finkelstein 'for providing him with the lowdown on the Jewish community'[11].

External Resources

 

Related Document

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TitleTypePublication dateAuthor(s)Description
Why Isn’t Everyone In Favour of Taxing Financial Speculation?report19 April 2016Robert ReichBernie Sanders wants to tax stock trades at a rate of 0.5 percent (a trade of $1,000 would cost $5), and bond trades at 0.1 percent. The tax would reduce incentives for high-speed trading, insider deal-making, and short-term financial betting. Sanders’ 0.5 percent tax could thereby finance public investments that enlarge the economic pie rather than merely rearrange its slices – like tuition-free public education.


References

  1. "George Osborne takes up academic job at McCain Institute"
  2. "What did George Osborne do for the Zionist Bankers & Israel?"
  3. "George Osborne's offshore family trust worth £4.5 million"
  4. "Profile George Osborne"
  5. http://www.dailymail.co.uk/news/article-3310372/Hundreds-spies-hired-respond-changing-nature-war-espionage-terrorism.html
  6. http://finance.yahoo.com/news/unbowed-criticism-osborne-announce-government-000423963.html
  7. David Morrison 'David Cameron: Blair Mark II? Spinwatch, 21 November 2005.
  8. Matthew Parris 'Welcome to Cameron's Europe-hating and Pentagon-loving party' The Times Online, May 20, 2006.
  9. Porter, A. (2008) 'Brown says Hain is just 'incompetent' Daily Telegraph 16th January 2008
  10. Wintour, P. (2008) 'Cameron accuses PM of dithering as Hain refuses to answer ques-tions: Minister urged to provide new answers on donations: Labour hits back with claims against Osborne'. The Guardian (London) 14th January 2008)
  11. The Jewish Chronicle JC Power 100: Sacks stays on top, as new names emerge. 9th May 2008. Accessed 16th August 2008