Historic Parliamentary debate on money creation attracts less than 40 MPs

We have recently suffered the greatest recession since the 1930s and despite the efforts of the world’s greatest economists, the economic outlook for most countries is still shaky and in the UK an unprecedented number of people are dependent on the services of food banks.

A campaign group called Positive Money managed to garner enough public support for the first parliamentary debate on money creation in 170 years, the Money Creation & Society debate, which was held on Thursday 20th November.

 

2080 people (including myself) contacted their MPs to ask them to attend the debate. The result…

This: http://www.youtube.com/watch?v=EBSlSUIT-KM&t=17m40s

Out of 650 MPs, “more than 30” (which means less than 40) attended this important debate – considerably fewer than the number of MPs who turned up to debate their own pay rises. I wrote to my local MP, Gemma Doyle, to ask her attend, but I don’t think she did.

Those who did participate included Angus McNeil (SNP), Caroline Lucas (Green), Steve Baker (Con), Peter Lilley (Con), Austin Mitchell (Con), Andrea Leadsom (Con) Michael Meacher (Lab), Diane Abbott (Lab), Paul Flynn (Lab), Anne McKechin (Lab), Douglas Carswell (UKIP), Mark Durkan (SDLP). Well done them.

Notably absent were George Osborne, Danny Alexander and Ed Balls.

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