(9 years, 11 months ago)
Commons ChamberI agree with the Government that it would be a folly for western powers such as Britain to barge in, cowboy-like, and lead the fight against ISIL; but we do have unique military, surveillance and intelligence capabilities which those on the front line do not have, and which should be deployed if—and only if—they request it. That has been the case in northern Iraq with the request from the Iraqi Government, the Kurds and the minorities which risk extermination by ISIL, and—very significantly, if covertly —from Iran. The fact that Iran has given its de facto blessing to US air strikes is of seismic importance. It opens up an opportunity for future engagement and collaboration which could be transformative for the whole region, including, possibly, Israel-Palestine. We also agree on the need to help local Iraqi and Kurdish forces to defeat ISIL by air strikes, supplying military equipment and other military and intelligence support, which has clearly been the only force capable of stemming ISIL’s remorseless and ruthless advance.
That brings us to the elephant in the room: Syria. ISIL will not be defeated if it is constantly allowed to regroup there, because it is from its Syrian bases that it has launched into Iraq. It must be confronted and defeated in Syria too, and, like it or not, that means engagement with the Syrian regime. No one disagrees that Assad is a barbarous, blood-soaked dictator; but he heads the Syrian Government, and he is backed by approximately 40% of the population. Surely, by now at least, the United Kingdom Government and the United States must acknowledge that he is not going to be defeated—not because the Prime Minister was prevented by this House from getting his way with air strikes and, before that, with arming Assad’s opponents, and not because the House said no to pulling Britain into the quagmire of the Syrian civil war, trapped between Sunni and Shi’a, between ISIL and Assad, between Saudis and Iranians in their proxy conflict. Contrary to the line peddled, regrettably, by the Foreign Secretary today, there is no prospect of achieving a transition in Syria without negotiating with Assad and his regime, especially with Russia standing behind it. Our failure to understand that is a major reason why the civil war has been so prolonged, and why ISIL has been allowed to flourish.
What kind of morality is it that says that if a bully is a successful bully, we should want to be friends with him, and completely stand on its head the policy of trying to get rid of him?
(10 years, 5 months ago)
Commons ChamberAbsolutely.
It was not Labour’s public spending that triggered Britain’s or the world’s economic crisis; it was the global inter-dependency of reckless banking that the Conservatives wanted to be less regulated that in 2008 triggered an economic meltdown in Britain and right across the globe. [Interruption.] Labour responded by boosting public spending and borrowing to offset the catastrophic collapse in private sector spending, and the £90 billion spent on bank bail-outs plunged the public sector into record annual deficits, but these were deficits that stopped a shocking slide into a fatal slump and laid the basis for recovery from the biggest shock to hit the world economy in peacetime since the 1930s great depression. [Hon. Members: “Give way.”] If I have time at the end, I will.
Contrary to right-wing free market mantras and Tory-Lib Dem history rewrites, it was the banking crisis that caused debt to rocket, the deficit to rise and borrowing to rise as well. The low yields on UK Government bonds before, during and after the credit crunch under Labour bore eloquent testimony to the fact that the international markets had full confidence in its policies, and that they were not clamouring for the right-wing dogma subsequently visited upon Britain. Indeed, so desperate was the right hon. Member for Witney (Mr Cameron) to identify with Labour’s success on spending, investment, jobs and growth that he pledged to match Labour’s spending plans for three further years in September 2007 up to 2010. [Interruption.] Members on the Government Benches shake their heads, but that is what he did. If we had spent too much—if all the charges made by the Conservatives were true—why on earth would the current Prime Minister have backed our spending plans for three years ahead? It would help the quality of this debate and the quality of assessment of the Chancellor’s Budget if the Conservatives and the Liberal Democrats had the decency to acknowledge that essential fact, including this Prime Minister’s support for our spending programmes, instead of ploughing on regardless, with no end to austerity in sight.
Why did the new and very expensive and complicated regulators the Labour Government introduced fail to control the banks when people like me were telling them they did not have enough cash for capital?
I agree with the right hon. Gentleman to this extent: we did not regulate the banks well enough or carefully enough, but his party—not necessarily he, but his leadership—was saying that there should be less regulation of the banks at that time, yet now they have the temerity to attack our spending plans when we brought borrowing down. [Interruption.]