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George what will be your first priority

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when you'll be mayor for

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London well housing is the first

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priority but that'll take a bit

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longer so I guess the first thing that

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I'll do is send Max Kaiser into the city

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of London to tell the city of London

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Corporation to tell the city of London

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Corporation the party is over the party

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is over

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yeah excellent

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idea though he'll say a bit more roughly

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than

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me Max is because he's an American in

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favor of capital punishment he wants to

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put them at the traitor's gate I favor

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life imprisonment without any

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possibility of

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parole why can't Justice be

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fun it's an interesting one uh politics

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uh you know in general has failed so

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what makes you think you'll

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succeed well the the mainstream

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political parties have failed the three

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cheeks of the same

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ARS have failed and that's

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why fewer and fewer people vote for them

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it's why people search around in

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Scotland a tsunami has just wiped out

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the labor party which when I was the

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chairman of the labor party in Scotland

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was completely

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unsalable utter it was

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incomprehensible when I was the 26y old

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chairman of the labor party in Scotland

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that the day would ever come when we

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would be challenged by anyone but Tony

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Blair and the Iraq War and Gordon Brown

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and the neoliberal economics the

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thatcherism that they came to stand for

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was just swept away and a million people

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voted for the greens in the general

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election the idea that the the

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answer the idea that the answer is to

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get all

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aspirational whatever that means as if

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poor people are not aspirational

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although sometimes their aspiration is

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to have something to put on the table

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for their children that night that's

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aspiration too you know that's

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aspiration the idea that if you become

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more like Tony BL

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the people who just wiped you out in

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Scotland are going to come back or the

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million who voted for the greens are

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going to come back or

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even the 4 million who voted ukip are

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going to come back sure we have

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profound disagreements with

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ukip but what they in part

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reflect is a rejection of the mainstream

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political parties and the political

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system that we have and when you've got

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a parliament full of expenses cheats who

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spend more time filling in their

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expenses forms than they do looking

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after the people how could anyone

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blame the public for having such a poor

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view of

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politicians I'm not an ordinary

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politician haa to answer your question

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respect is not an ordinary movement

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nobody listens to me and thinks he's

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just like all the rest that's why the

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media hates me so much because I'm not

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an expenses thief because I never

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betrayed the public because I never lied

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to the public because I told the truth

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as I saw it on every issue to the public

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that's why the media hates me so

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if I'm elected with Max at my right hand

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everything's going to change you've

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heard it believe

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it um this one is is more detailed it's

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from Nick Nick smart from souk uh does

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the city need any more runways if so

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where would you build one all

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runways

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well I like

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airplanes I like Aviation I like

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airports and I think the

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airports provide well-paid

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trade unionized jobs in very large

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numbers in a way that very very few

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other employers now

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[Music]

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do but the west of London cannot afford

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more

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Aviation over it the pollution of the

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air the noise the disruption is already

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at breaking

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point I believe we need a new Runway and

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I believe it should be at London Gatwick

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I think that Gatwick is the best

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solution for the perceived and I think

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real shortage of Aviation Space uh in

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the country and they don't have votes in

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the London meril

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um I know you've you've gone into um

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your plan for housing crisis but the

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these are a few questions that have come

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up once again so if you could just

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detail a bit more about what you'd like

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to do about what you can do what you're

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planning to do about the housing crisis

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that would be great well I I did see

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that 50% of any development and the

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mayor has this power people have to

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submit planning applications for for

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these developments to the mayor of

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London and any developer who hears about

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this meeting should know that I am

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serious Ken was serious too but he was

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unable to implement the 50%

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Mark Boris was not serious cut it to 25

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and achieved less than 10% but there's

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another issue what do they mean by

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affordable

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housing they mean 80% of Market rents

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I believe it should be 50% of Market

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rents 50% of Market rents 50% of all

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development has to be affordable housing

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compulsory purchase of these by the way

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it's at least

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200,000 200,000 houses have been bought

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by Rich foreigners who never live in

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them who have bought them only to lock

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up their money away from the police

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force in their own country in some cases

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we can't accept that so if you don't

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live in the house don't buy if you're

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not going to live in it don't buy one if

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you do buy one and you don't live in it

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we're going to compulsory purchase it

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that's my plan

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inela building

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what are you going to do about all these

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things well I don't know if the

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implication of your question is that I

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have anything to do with the qataris I'm

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not even allowed to go to Qatar I'm

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banned from Qatar I'm banned from

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Qatar but they but but they're not but

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but they're not banned they're not

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banned from London and nobody is banned

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from

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London anybody can come to London and

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anybody can invest in London but if the

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ceries or anybody else want to build

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housing developments then 50% of the

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units will have to be affordable housing

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there'll be no special deal for the

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royal family of cutter none at

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all uh George again I know You' you've

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touched a lot on on taxi drivers and I

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know it's something that's very close to

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your heart but quite a few questions

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have touched on that so if there's

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anything else you'd like to add because

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you've got quite a touching question

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here from a mother who spent studied

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four years for knowledge and obviously

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who's who's very scared of what's going

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to happen next so yeah I mean actually I

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think the London cabs are crucial to

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London I think a London without cabs is

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like the Tower of London without

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Ravens I believe that London has a stamp

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has a brand and the black cabs are part

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of that brand I have never found a black

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cab driver without something to

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say I spent seven years on talk sport

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radio every Friday and Saturday night

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and practically every London cab driver

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listened to my show even if they hated

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me and some of them did even if it

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infuriated them

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and my daughter who was then very young

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now the mother of

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four said to me once Dy cab drivers are

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very clever men I think she meant they

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had a lot to

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say and historically of course they have

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and do and I think that having getting

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into a

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car

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knowing that the person driving it has

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had their vehicle checked a vehicle that

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must be up to

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standard a driver who must be of good

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character is really really important

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it's really really

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important espe I

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mean I wouldn't want my wife or my

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daughter to get into a car where none of

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those things were

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guaranteed I really wouldn't and I think

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that we have a

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responsibility to make sure that at

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least least the cab drivers are on a

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Level Playing Field with the Uber

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drivers well Uber Uber r i mean Uber

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were very

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clever they hired richel

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wetstone the former head of public

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relations for

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Google and while I'm on that

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subject tax dodging corporations in

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London will find it very difficult to

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deal with me very very difficult to deal

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with

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me we might have to look at how much

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they're paying to get their waste

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removed they might have to look at how

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much waste they're producing and where

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it

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goes they might find that collecting

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their garbage becomes very very

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expensive indeed unless they start

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paying tax unless they start

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exercising their social

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responsibility but back to Rachel

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wetstone and

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Google Now who's she first of all in our

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own right she's a leading member of the

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conservative

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party she's married to David Cameron's

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former longtime head of communications

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and a key Cameron campaigner Boris

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Johnson said that Cameron told them to

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leave Uber

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alone and he did leave Uber alone well

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David ceron will never tell me what to

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do if he tells me to leave somay alone

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I'm more likely to pay them a very great

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deal of attention indeed

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so I'm not I'm not suggesting personal

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corruption here Heaven

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forfend that Cameron would ever be

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involved in anything like like that they

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love Uber as I say because it's the kind

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of capitalism they believe in they don't

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believe in red tape they don't believe

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in regulation they don't believe in

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health and

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safety we had to

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fight the

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Tories I was one of those doing the

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fighting to get a corporate manslaughter

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Bill through Parliament that would allow

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the prosecution of company directors for

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negligence in their companies that led

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to public harm the Tories don't believe

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in all of that they just don't believe

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in it so Uber is the way they would like

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the whole economy to be we're nobody is

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anybody's brother or sister everybody is

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everybody's competitor throat cutting no

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rules bear fisted no Marquis of Queen

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Queensbury no ring no ban on the feet

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the elbow or anything else that's what

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they believe

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in this of well this is a key point that

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I'm glad you've reminded me of you see

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heckling can be a very good

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thing somebody said earlier well Uber

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are

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cheaper of course they're cheaper this

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is a $40

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billion US

282
00:14:25,440 --> 00:14:32,880
Corporation it's a lost leader for them

283
00:14:29,440 --> 00:14:36,199
what's the 40 billion for it's to drive

284
00:14:32,880 --> 00:14:38,839
out the competition and get a monopoly

285
00:14:36,199 --> 00:14:41,120
and once they've got a monopoly see how

286
00:14:38,839 --> 00:14:42,120
cheap it will be then once there's

287
00:14:41,120 --> 00:14:46,440
nobody

288
00:14:42,120 --> 00:14:49,920
else to compete with them that's why the

289
00:14:46,440 --> 00:14:53,440
cab companies who were mortal enemies

290
00:14:49,920 --> 00:14:56,959
for decades to the black cabs have now

291
00:14:53,440 --> 00:14:59,639
joined forces with the black cabs to

292
00:14:56,959 --> 00:15:02,680
reject this throat cutting model

293
00:14:59,639 --> 00:15:07,000
that Uber represents did I deal with

294
00:15:02,680 --> 00:15:07,000
that question yeah thank you very

295
00:15:07,320 --> 00:15:12,440
much um well I think that's just I'll

296
00:15:11,040 --> 00:15:15,079
tell I'll I'll take a question from the

297
00:15:12,440 --> 00:15:15,079
floor you

298
00:15:17,560 --> 00:15:20,800
gentlemen oh my

299
00:15:26,600 --> 00:15:31,000
goodness how would you make for a coun

300
00:15:30,199 --> 00:15:33,560
to

301
00:15:31,000 --> 00:15:36,800
cover

302
00:15:33,560 --> 00:15:39,120
well when a man at your campaign launch

303
00:15:36,800 --> 00:15:40,680
opens his contribution by saying I've

304
00:15:39,120 --> 00:15:41,470
been arrested many times by the

305
00:15:40,680 --> 00:15:43,639
anti-terrorism

306
00:15:41,470 --> 00:15:46,120
[Music]

307
00:15:43,639 --> 00:15:49,959
police you got a bit

308
00:15:46,120 --> 00:15:51,959
nervous and then I recognized you you

309
00:15:49,959 --> 00:15:54,720
are one

310
00:15:51,959 --> 00:15:59,000
of the celebrated

311
00:15:54,720 --> 00:16:02,560
victims of the abuse of police power in

312
00:15:59,000 --> 00:16:04,360
in pic look him up and I helped you in

313
00:16:02,560 --> 00:16:07,800
your hour of

314
00:16:04,360 --> 00:16:10,800
need there you go I'm often the only one

315
00:16:07,800 --> 00:16:10,800
I'm often the only

316
00:16:14,399 --> 00:16:20,120
one I'm not against the

317
00:16:17,880 --> 00:16:23,319
police I must

318
00:16:20,120 --> 00:16:24,600
say in my life in London which is almost

319
00:16:23,319 --> 00:16:26,600
35

320
00:16:24,600 --> 00:16:29,240
years my experience with the

321
00:16:26,600 --> 00:16:32,040
Metropolitan Police has been invariable

322
00:16:29,240 --> 00:16:34,120
with only one exception when a senior

323
00:16:32,040 --> 00:16:37,000
official of the anti-terrorism squad was

324
00:16:34,120 --> 00:16:39,040
sleeping in my bed without my knowledge

325
00:16:37,000 --> 00:16:41,959
but that's another

326
00:16:39,040 --> 00:16:45,519
story that's another

327
00:16:41,959 --> 00:16:48,920
story but my experience with the police

328
00:16:45,519 --> 00:16:52,199
in London has been invariably good but

329
00:16:48,920 --> 00:16:56,000
then I was a well-known white man with

330
00:16:52,199 --> 00:16:59,240
blue eyes I am acutely aware that not

331
00:16:56,000 --> 00:17:02,680
everybody has had that experience with

332
00:16:59,240 --> 00:17:05,240
the Metropolitan

333
00:17:02,680 --> 00:17:07,959
Police but I'm not against the police

334
00:17:05,240 --> 00:17:10,319
because it's working people and poor

335
00:17:07,959 --> 00:17:12,640
people who need police the

336
00:17:10,319 --> 00:17:16,400
most most of the

337
00:17:12,640 --> 00:17:19,720
crime whether violence or theft or

338
00:17:16,400 --> 00:17:20,760
robbery burglary car theft every crime

339
00:17:19,720 --> 00:17:23,400
you can

340
00:17:20,760 --> 00:17:26,000
imagine most of By definition most of

341
00:17:23,400 --> 00:17:28,960
the people who are suffering it are

342
00:17:26,000 --> 00:17:31,039
workingclass people

343
00:17:28,960 --> 00:17:33,799
so I'll back the

344
00:17:31,039 --> 00:17:38,000
police as long as they treat every

345
00:17:33,799 --> 00:17:40,240
Londoner the same that's the key point

346
00:17:38,000 --> 00:17:43,840
and I'll want to know what are the

347
00:17:40,240 --> 00:17:47,280
police response times in Mayfair

348
00:17:43,840 --> 00:17:48,559
compared to the police response times on

349
00:17:47,280 --> 00:17:51,480
the Walworth

350
00:17:48,559 --> 00:17:55,520
Road and if they're not comparable I

351
00:17:51,480 --> 00:17:57,760
want to know why and the commissioner if

352
00:17:55,520 --> 00:17:59,840
he's listening I'm sure there's a police

353
00:17:57,760 --> 00:18:01,760
officer here in the meeting

354
00:17:59,840 --> 00:18:03,120
I saw one or two characters at the back

355
00:18:01,760 --> 00:18:05,400
that I thought might

356
00:18:03,120 --> 00:18:06,679
be police officers so I'm sure you'll

357
00:18:05,400 --> 00:18:08,720
get a

358
00:18:06,679 --> 00:18:11,280
report I'm not

359
00:18:08,720 --> 00:18:13,919
here to make trouble for

360
00:18:11,280 --> 00:18:16,720
you but I am here to make sure that you

361
00:18:13,919 --> 00:18:20,360
serve all londoners and all areas of

362
00:18:16,720 --> 00:18:21,720
London equally that's the pledge that I

363
00:18:20,360 --> 00:18:25,600
am

364
00:18:21,720 --> 00:18:29,000
making I'm going to be asking difficult

365
00:18:25,600 --> 00:18:33,880
questions I'm going to be asking

366
00:18:29,000 --> 00:18:35,799
how come in a city like London where 53%

367
00:18:33,880 --> 00:18:37,360
of the

368
00:18:35,799 --> 00:18:39,520
people

369
00:18:37,360 --> 00:18:41,720
are not

370
00:18:39,520 --> 00:18:45,240
white or are

371
00:18:41,720 --> 00:18:48,159
from other visible

372
00:18:45,240 --> 00:18:49,760
minorities how come so few of the police

373
00:18:48,159 --> 00:18:53,520
officers

374
00:18:49,760 --> 00:18:57,799
are how come those that are at the top

375
00:18:53,520 --> 00:19:01,360
of the tree in the police force look so

376
00:18:57,799 --> 00:19:04,640
unlike the population of London now I

377
00:19:01,360 --> 00:19:09,200
don't mean by that that a white police

378
00:19:04,640 --> 00:19:13,000
officer is inherently in any sense

379
00:19:09,200 --> 00:19:14,760
weaker or less just uh than a black

380
00:19:13,000 --> 00:19:18,000
police officer there some Rogues have

381
00:19:14,760 --> 00:19:19,120
been black police officers as you know

382
00:19:18,000 --> 00:19:22,280
and some

383
00:19:19,120 --> 00:19:24,960
gems are white police

384
00:19:22,280 --> 00:19:27,799
officers but if a police

385
00:19:24,960 --> 00:19:29,240
force Bears no resemblance to the

386
00:19:27,799 --> 00:19:32,320
community it's police

387
00:19:29,240 --> 00:19:34,760
leasing that's asking for trouble and

388
00:19:32,320 --> 00:19:38,240
I'm sure that the commissioner would

389
00:19:34,760 --> 00:19:41,720
agree with me on that he would no doubt

390
00:19:38,240 --> 00:19:42,799
say that he's trying well he needs to

391
00:19:41,720 --> 00:19:45,960
try

392
00:19:42,799 --> 00:19:47,520
harder and now if he wants I'll leader

393
00:19:45,960 --> 00:19:50,360
recruitment

394
00:19:47,520 --> 00:19:53,360
drive for black and minority ethnic

395
00:19:50,360 --> 00:19:57,080
police officers to join the force but if

396
00:19:53,360 --> 00:19:59,400
they do we've got to be sure that they

397
00:19:57,080 --> 00:20:01,760
won't suffer from from that

398
00:19:59,400 --> 00:20:05,600
institutionalized racism that the

399
00:20:01,760 --> 00:20:08,960
mcferson report told us was present in

400
00:20:05,600 --> 00:20:08,960
the metropolitan

401
00:20:10,960 --> 00:20:15,480
police great this question actually is

402
00:20:13,039 --> 00:20:17,080
for Max so max what experience will you

403
00:20:15,480 --> 00:20:20,440
bring to the handling of the London

404
00:20:17,080 --> 00:20:20,440
budget when you come

405
00:20:21,120 --> 00:20:27,200
aboard well I've been in the industry

406
00:20:24,039 --> 00:20:29,320
Finance industry for 30 years I started

407
00:20:27,200 --> 00:20:32,200
out on Wall Street

408
00:20:29,320 --> 00:20:33,600
I uh created a company in Los Angeles

409
00:20:32,200 --> 00:20:38,280
where I invented

410
00:20:33,600 --> 00:20:40,640
technology including the only patented

411
00:20:38,280 --> 00:20:43,039
uh technology for virtual

412
00:20:40,640 --> 00:20:45,679
currencies prediction

413
00:20:43,039 --> 00:20:49,600
markets I of course have been active in

414
00:20:45,679 --> 00:20:52,440
the media space covering Financial

415
00:20:49,600 --> 00:20:56,120
Shenanigans but I guess the uh the key

416
00:20:52,440 --> 00:21:00,919
part of my experience would be that uh I

417
00:20:56,120 --> 00:21:03,840
guess I'm a um uh a poacher turned

418
00:21:00,919 --> 00:21:06,039
gamekeeper in that uh my experience on

419
00:21:03,840 --> 00:21:08,039
Wall Street where I firsthand engaged in

420
00:21:06,039 --> 00:21:12,159
so many of

421
00:21:08,039 --> 00:21:15,039
the U skull dugery that we still see

422
00:21:12,159 --> 00:21:18,760
active today so I'm able to identify

423
00:21:15,039 --> 00:21:21,880
these crimes pretty easily and um

424
00:21:18,760 --> 00:21:25,240
communicate to those who need to be

425
00:21:21,880 --> 00:21:28,080
informed of exactly what's going on and

426
00:21:25,240 --> 00:21:29,400
how best to eradicate in a way that's

427
00:21:28,080 --> 00:21:31,919
either

428
00:21:29,400 --> 00:21:35,159
involving um counter measures in the

429
00:21:31,919 --> 00:21:39,000
financial markets to neutralize the

430
00:21:35,159 --> 00:21:42,440
abuse and the malfeasance or to make a

431
00:21:39,000 --> 00:21:45,120
criminal referral to the appropriate

432
00:21:42,440 --> 00:21:47,440
organization uh and to write that up

433
00:21:45,120 --> 00:21:49,799
according to the specifics of the crime

434
00:21:47,440 --> 00:21:51,600
being done what the problem is today is

435
00:21:49,799 --> 00:21:56,240
that so often it's particularly in the

436
00:21:51,600 --> 00:21:59,120
media space um there's not really enough

437
00:21:56,240 --> 00:22:02,440
literacy a financial literacy

438
00:21:59,120 --> 00:22:04,120
even to I was amazed uh I saw someone

439
00:22:02,440 --> 00:22:05,520
tweeting on this this could have been

440
00:22:04,120 --> 00:22:08,880
just

441
00:22:05,520 --> 00:22:10,799
a but what I understood to have happened

442
00:22:08,880 --> 00:22:14,240
on the BBC Question Time recently is

443
00:22:10,799 --> 00:22:17,600
that David dimbleby asked quote what is

444
00:22:14,240 --> 00:22:19,600
fractional Reserve banking as part of a

445
00:22:17,600 --> 00:22:21,799
a question and answer which to me is

446
00:22:19,600 --> 00:22:25,760
shocking that would be like Mary Barry

447
00:22:21,799 --> 00:22:28,720
saying what is an apple pie you know it

448
00:22:25,760 --> 00:22:31,240
it's it's so fundamentally basic to how

449
00:22:28,720 --> 00:22:33,559
the system works that to have someone of

450
00:22:31,240 --> 00:22:37,039
that stature admit that they don't have

451
00:22:33,559 --> 00:22:39,559
no idea how it works and what goes on is

452
00:22:37,039 --> 00:22:42,480
I think emblematic of the big problem

453
00:22:39,559 --> 00:22:44,799
here is that in the media space you have

454
00:22:42,480 --> 00:22:46,240
Financial illiteracy even in the

455
00:22:44,799 --> 00:22:49,320
political space you have Financial

456
00:22:46,240 --> 00:22:52,760
illiteracy Mark Carney governor of the

457
00:22:49,320 --> 00:22:54,360
bank of England says things that are

458
00:22:52,760 --> 00:22:56,559
shockingly

459
00:22:54,360 --> 00:22:59,039
incorrect uh in it relates to his

460
00:22:56,559 --> 00:23:01,840
description of things like deflation

461
00:22:59,039 --> 00:23:03,919
and inflation he uses these terms in a

462
00:23:01,840 --> 00:23:06,520
way that anyone who's had any training

463
00:23:03,919 --> 00:23:10,240
at all in economics and finance find

464
00:23:06,520 --> 00:23:13,080
laughably appalling and misinformed but

465
00:23:10,240 --> 00:23:16,039
he has a political agenda and the media

466
00:23:13,080 --> 00:23:19,400
in this country follows suit because

467
00:23:16,039 --> 00:23:23,440
they also have a political agenda I do

468
00:23:19,400 --> 00:23:27,440
not think of the BBC as

469
00:23:23,440 --> 00:23:27,440
impartial uh

470
00:23:30,919 --> 00:23:36,320
yeah in in my experience doing

471
00:23:34,279 --> 00:23:38,880
televisions for networks all over the

472
00:23:36,320 --> 00:23:42,200
world I would say that the BBC is

473
00:23:38,880 --> 00:23:44,880
probably the least impartial news

474
00:23:42,200 --> 00:23:48,320
organization in the

475
00:23:44,880 --> 00:23:50,360
world um and and and the country is

476
00:23:48,320 --> 00:23:52,480
suffering as a result of it now with

477
00:23:50,360 --> 00:23:54,799
George Galloway running for mayor and

478
00:23:52,480 --> 00:23:56,200
becoming mayor of London and putting

479
00:23:54,799 --> 00:23:59,200
something like this at the Forefront of

480
00:23:56,200 --> 00:24:01,440
his campaign we're going to really turn

481
00:23:59,200 --> 00:24:04,520
up the heat on those in the city of

482
00:24:01,440 --> 00:24:06,679
London who are continuing to commit acts

483
00:24:04,520 --> 00:24:09,799
of financial fraud

484
00:24:06,679 --> 00:24:12,159
malfeasant and and showcasing this in a

485
00:24:09,799 --> 00:24:13,960
way that people hopefully will get

486
00:24:12,159 --> 00:24:16,600
through that barrier of financial

487
00:24:13,960 --> 00:24:18,760
illiteracy and bring it down to Common

488
00:24:16,600 --> 00:24:22,320
Sense my

489
00:24:18,760 --> 00:24:23,799
basic description of what's happening in

490
00:24:22,320 --> 00:24:27,640
the city of London with the big four

491
00:24:23,799 --> 00:24:32,159
Banks and the big four accountancy firms

492
00:24:27,640 --> 00:24:35,279
KPMG young K price waterhous Cooper and

493
00:24:32,159 --> 00:24:38,679
um uh there's a fourth

494
00:24:35,279 --> 00:24:40,799
deoy what goes on between those four

495
00:24:38,679 --> 00:24:44,600
consultants and those four big Banks is

496
00:24:40,799 --> 00:24:46,840
nothing short of racketeering it's

497
00:24:44,600 --> 00:24:49,200
organized crime it's it's a it's a

498
00:24:46,840 --> 00:24:50,960
racket it needs to be prosecuted as a

499
00:24:49,200 --> 00:24:55,440
racket this is one of the problems that

500
00:24:50,960 --> 00:24:59,240
you have is that cases are prosecuted

501
00:24:55,440 --> 00:25:01,520
one at a time and just like in America

502
00:24:59,240 --> 00:25:04,200
we had this Sim similar with organized

503
00:25:01,520 --> 00:25:06,840
crime it wasn't until it was finally the

504
00:25:04,200 --> 00:25:08,520
the FBI and these other law agencies

505
00:25:06,840 --> 00:25:11,919
figured out that they needed to go after

506
00:25:08,520 --> 00:25:14,360
it as a racket under Rico uh is the what

507
00:25:11,919 --> 00:25:15,799
they call in the US this is the approach

508
00:25:14,360 --> 00:25:19,039
that needs to be taken they need to be

509
00:25:15,799 --> 00:25:21,039
all gone after as an organized crime

510
00:25:19,039 --> 00:25:22,720
Racket and I think that's where we'll

511
00:25:21,039 --> 00:25:26,000
make some Headway and the results will

512
00:25:22,720 --> 00:25:28,640
be startling you'll

513
00:25:26,000 --> 00:25:32,279
see you you know it'll be a boost boost

514
00:25:28,640 --> 00:25:34,039
to the non financialized economy the

515
00:25:32,279 --> 00:25:37,679
financialized

516
00:25:34,039 --> 00:25:40,159
economy is dominates the overall economy

517
00:25:37,679 --> 00:25:42,120
in an extraordinarily unhealthy way the

518
00:25:40,159 --> 00:25:45,039
only thing in nature that grows as

519
00:25:42,120 --> 00:25:47,840
quickly as the financial sector in this

520
00:25:45,039 --> 00:25:50,919
country is

521
00:25:47,840 --> 00:25:52,520
cancer and that's not something you want

522
00:25:50,919 --> 00:25:55,279
in any

523
00:25:52,520 --> 00:25:57,159
economy that needs that growth rate of

524
00:25:55,279 --> 00:26:03,000
financialization privatization

525
00:25:57,159 --> 00:26:03,000
securitization and fraud needs to be

526
00:26:07,039 --> 00:26:13,200
eradicated I think you

527
00:26:09,440 --> 00:26:16,840
agre can I add something yeah of course

528
00:26:13,200 --> 00:26:19,480
um Iceland through the bankers in jail

529
00:26:16,840 --> 00:26:22,679
and Iceland this week became the first

530
00:26:19,480 --> 00:26:25,960
country in the world to reach figures of

531
00:26:22,679 --> 00:26:29,200
output higher than they were before the

532
00:26:25,960 --> 00:26:32,640
crash but nobody has gone to jail

533
00:26:29,200 --> 00:26:36,000
in the city of London even when the

534
00:26:32,640 --> 00:26:40,600
Banks two weeks ago were

535
00:26:36,000 --> 00:26:43,000
fined 7 billion

536
00:26:40,600 --> 00:26:45,360
do7

537
00:26:43,000 --> 00:26:50,080
billion for

538
00:26:45,360 --> 00:26:55,520
fraud nobody no person was

539
00:26:50,080 --> 00:27:00,240
charged now can you imagine a

540
00:26:55,520 --> 00:27:00,240
theft of 700 7,000

541
00:27:00,559 --> 00:27:06,520
nobody personally gets punished for it

542
00:27:04,159 --> 00:27:10,440
but that's what happened with those that

543
00:27:06,520 --> 00:27:13,200
were rigging markets for personal gain

544
00:27:10,440 --> 00:27:14,760
just a couple of weeks ago I talked

545
00:27:13,200 --> 00:27:17,200
about the corporate manslaughter bill

546
00:27:14,760 --> 00:27:20,279
that I was deeply involved in a phrase I

547
00:27:17,200 --> 00:27:23,760
coined at the time was this not until

548
00:27:20,279 --> 00:27:27,000
the first company director goes to jail

549
00:27:23,760 --> 00:27:29,440
for the negligence of their company will

550
00:27:27,000 --> 00:27:31,640
you force companies to make sure there's

551
00:27:29,440 --> 00:27:33,670
no negligence and I believe the same

552
00:27:31,640 --> 00:27:36,120
thing about the finance

553
00:27:33,670 --> 00:27:38,320
[Applause]

554
00:27:36,120 --> 00:27:40,519
sector I believe the gentleman at the

555
00:27:38,320 --> 00:27:42,200
back wants to say something hang on a

556
00:27:40,519 --> 00:27:45,799
second

557
00:27:42,200 --> 00:27:48,480
sorry thank you thank you very much um

558
00:27:45,799 --> 00:27:50,840
George Galloway uh comrades friends uh

559
00:27:48,480 --> 00:27:53,960
pleased to be here uh today my name is

560
00:27:50,840 --> 00:27:57,760
councelor Ol Raman I was the first uh

561
00:27:53,960 --> 00:27:58,720
respect counselor uh in the country and

562
00:27:57,760 --> 00:28:00,720
he said

563
00:27:58,720 --> 00:28:03,320
it's an honor it's an honor and a

564
00:28:00,720 --> 00:28:06,399
privilege to come and support somebody

565
00:28:03,320 --> 00:28:08,760
who's given me given birth uh to me in

566
00:28:06,399 --> 00:28:11,840
politics and because of this man I am

567
00:28:08,760 --> 00:28:14,360
standing here today and I am who I am uh

568
00:28:11,840 --> 00:28:17,279
today so I salute you sir for your

569
00:28:14,360 --> 00:28:19,600
courage and for your support and that

570
00:28:17,279 --> 00:28:22,279
you have given and he when he was Member

571
00:28:19,600 --> 00:28:24,840
of Parliament for Bethel green and bow

572
00:28:22,279 --> 00:28:27,480
because of George we had first

573
00:28:24,840 --> 00:28:29,799
Bangladeshi Member of Parliament in the

574
00:28:27,480 --> 00:28:32,440
country but unfortunately we had the

575
00:28:29,799 --> 00:28:34,919
wrong Bangladeshi member of and in his

576
00:28:32,440 --> 00:28:38,039
own words we had the wrong uh

577
00:28:34,919 --> 00:28:40,600
Bangladeshi Member of Parliament in uh

578
00:28:38,039 --> 00:28:43,320
Beth gbo because she's nothing but the

579
00:28:40,600 --> 00:28:45,519
puppet but one thing I want to ask you

580
00:28:43,320 --> 00:28:48,360
uh George that I'm sure you'll get asked

581
00:28:45,519 --> 00:28:51,039
by many people if you become the mayor

582
00:28:48,360 --> 00:28:53,480
of London as you would know from our own

583
00:28:51,039 --> 00:28:56,840
experience in t hamlets you are quite

584
00:28:53,480 --> 00:28:58,559
easily isolated by The Establishment and

585
00:28:56,840 --> 00:29:01,480
right-wing media

586
00:28:58,559 --> 00:29:04,799
in this uh country how would you tackle

587
00:29:01,480 --> 00:29:07,279
the right-wing media and the aggression

588
00:29:04,799 --> 00:29:10,039
that you're going to face from them and

589
00:29:07,279 --> 00:29:12,120
also throughout London all the London

590
00:29:10,039 --> 00:29:14,440
barers will be either labor or

591
00:29:12,120 --> 00:29:16,519
conservative and how would you tackle

592
00:29:14,440 --> 00:29:18,200
those local authorities to make sure

593
00:29:16,519 --> 00:29:22,519
that they listen to you as mayor of

594
00:29:18,200 --> 00:29:26,360
London and work with you thank you very

595
00:29:22,519 --> 00:29:30,720
much uh councelor o Rahman was the very

596
00:29:26,360 --> 00:29:34,279
first ever respect councelor elected in

597
00:29:30,720 --> 00:29:38,159
Britain uh he became the deputy

598
00:29:34,279 --> 00:29:41,240
mayor uh of tower hamlets I'm very proud

599
00:29:38,159 --> 00:29:44,679
of him I regard him as my

600
00:29:41,240 --> 00:29:48,399
son uh I didn't see you o in the in the

601
00:29:44,679 --> 00:29:51,679
crowd forgive me for that um but the

602
00:29:48,399 --> 00:29:56,200
point that you make is a powerful one

603
00:29:51,679 --> 00:29:59,080
and the only answer to the

604
00:29:56,200 --> 00:30:04,120
destabilization subversion

605
00:29:59,080 --> 00:30:06,080
of the ruling Elite and its media Echo

606
00:30:04,120 --> 00:30:07,640
Chambers is

607
00:30:06,080 --> 00:30:11,559
democracy

608
00:30:07,640 --> 00:30:14,159
and councelor rabina last

609
00:30:11,559 --> 00:30:18,720
Thursday

610
00:30:14,159 --> 00:30:20,360
despite months months of unremitting

611
00:30:18,720 --> 00:30:24,480
smear and

612
00:30:20,360 --> 00:30:27,120
slander came within 14400 votes of being

613
00:30:24,480 --> 00:30:30,720
the leading candidate in the first

614
00:30:27,120 --> 00:30:33,480
ballot for mayor and I think that the

615
00:30:30,720 --> 00:30:37,240
people of tar hamlets will come to

616
00:30:33,480 --> 00:30:40,760
realize and quite quickly that the

617
00:30:37,240 --> 00:30:44,240
person they did elect by a narrow

618
00:30:40,760 --> 00:30:47,120
majority will not do anything for them

619
00:30:44,240 --> 00:30:51,080
will not achieve the things that you

620
00:30:47,120 --> 00:30:54,080
achieved the only borrow paying EMA

621
00:30:51,080 --> 00:30:58,519
education maintenance allowance the only

622
00:30:54,080 --> 00:31:02,720
borrow refusing acmis and free school

623
00:30:58,519 --> 00:31:04,559
and supporting the public school system

624
00:31:02,720 --> 00:31:07,559
and all the other things that you

625
00:31:04,559 --> 00:31:09,480
achieved will come to be looked on as a

626
00:31:07,559 --> 00:31:14,559
golden

627
00:31:09,480 --> 00:31:18,440
age I will try if I'm elected mayor

628
00:31:14,559 --> 00:31:21,519
through a system of town meetings Town

629
00:31:18,440 --> 00:31:24,399
Hall meetings opening the city hall

630
00:31:21,519 --> 00:31:27,519
bringing in the people to build such a

631
00:31:24,399 --> 00:31:28,639
mass base for the meraly and what we're

632
00:31:27,519 --> 00:31:31,559
doing

633
00:31:28,639 --> 00:31:34,600
that no judge or Queen's Council or

634
00:31:31,559 --> 00:31:38,200
newspaper editor will dream that they

635
00:31:34,600 --> 00:31:41,960
can bring it down but if

636
00:31:38,200 --> 00:31:44,799
they if they bring it down our muraly

637
00:31:41,960 --> 00:31:47,440
will be looked back on as a golden age

638
00:31:44,799 --> 00:31:50,919
also politics is a struggle and I've

639
00:31:47,440 --> 00:31:53,880
been struggling in politics for 40 years

640
00:31:50,919 --> 00:31:56,200
more than 40 years I fought my first

641
00:31:53,880 --> 00:31:58,600
election in

642
00:31:56,200 --> 00:32:01,720
1964 our house

643
00:31:58,600 --> 00:32:05,919
was dark because every window was

644
00:32:01,720 --> 00:32:07,880
covered by big posters of Harold Wilson

645
00:32:05,919 --> 00:32:08,760
somebody asked me actually tonight Who's

646
00:32:07,880 --> 00:32:11,440
Harold

647
00:32:08,760 --> 00:32:15,039
Wilson I must be becoming a

648
00:32:11,440 --> 00:32:19,000
veteran let's go with labor was

649
00:32:15,039 --> 00:32:21,360
Harold's slogan the white hot heat of

650
00:32:19,000 --> 00:32:23,519
the technological

651
00:32:21,360 --> 00:32:26,880
Revolution that's how far back in

652
00:32:23,519 --> 00:32:30,240
politics I go and every inch has been a

653
00:32:26,880 --> 00:32:32,159
struggle I defeated Roy Jenkins one of

654
00:32:30,240 --> 00:32:36,279
the biggest figures in post-war British

655
00:32:32,159 --> 00:32:39,840
H politics to take his seat from him in

656
00:32:36,279 --> 00:32:42,480
1987 in Glasgow hillhead you can't

657
00:32:39,840 --> 00:32:46,440
actually fight more of an establishment

658
00:32:42,480 --> 00:32:48,880
figure than the late Roy Jenkins but I

659
00:32:46,440 --> 00:32:52,720
fought him and I

660
00:32:48,880 --> 00:32:59,360
won and I with your

661
00:32:52,720 --> 00:33:04,799
help two on in Beth greenan b one of

662
00:32:59,360 --> 00:33:09,080
the most celebrated Blair

663
00:33:04,799 --> 00:33:14,679
babes it's not my phrase their phrase

664
00:33:09,080 --> 00:33:16,559
Blair babes una King now baroness King

665
00:33:14,679 --> 00:33:18,600
the one thing is when you get defeated

666
00:33:16,559 --> 00:33:20,480
by me you automatically go to the House

667
00:33:18,600 --> 00:33:22,519
of

668
00:33:20,480 --> 00:33:26,159
Lords

669
00:33:22,519 --> 00:33:28,240
so perhaps the labor and conservative

670
00:33:26,159 --> 00:33:32,320
and liberal Democrats that will take

671
00:33:28,240 --> 00:33:34,399
note uh every inch has been a struggle

672
00:33:32,320 --> 00:33:38,519
when I won the Bradford West byelection

673
00:33:34,399 --> 00:33:41,639
3 years ago it was one of the biggest

674
00:33:38,519 --> 00:33:46,320
political upsets perhaps the biggest

675
00:33:41,639 --> 00:33:49,120
political upset in a century of British

676
00:33:46,320 --> 00:33:53,080
politics I have a long track record of

677
00:33:49,120 --> 00:33:56,760
taking the fight to those who oppress us

678
00:33:53,080 --> 00:33:59,320
those who exploit us and I'm proud of

679
00:33:56,760 --> 00:34:01,240
what I have achieved but there would be

680
00:33:59,320 --> 00:34:04,559
no greater

681
00:34:01,240 --> 00:34:08,440
achievement than to win this and build a

682
00:34:04,559 --> 00:34:11,960
people's London a London for all that

683
00:34:08,440 --> 00:34:15,200
would be looked back on by succeeding

684
00:34:11,960 --> 00:34:17,130
Generations as a really fine thing that

685
00:34:15,200 --> 00:34:23,760
London achieved

686
00:34:17,130 --> 00:34:23,760
[Applause]