The Real George Osborne - Episode 1 - The Os-Borne Identity

In which George claims urban street dance is the best way to make himself more popular.

Take action and email George Osborne here: http://www.therealgeorgeosborne.com

This is episode 1 of 14 of The Real George Osborne -- a comedy web series about George Osborne's personal journey towards tackling global hunger. We hope that you enjoy it, share it with your friends and, crucially, take action.

The Real George Osborne has been created for the World Development Movement by Hoot Comedy. It stars Rufus Jones as The Real George Osborne and Rebecca Johnson as his advisor, Vicki Reed. It was written and directed by Ben Bond and James Rawlings, and produced by Ben Thompson and Annis Waugh.

Category:

Comedy

Tags:

• The Real George Osborne
• George Osborne
• George Osbourne
• George OSbourn
• Gideon Osborne
• Chancellor
• Chancellor of the Exchequer
• Downing Street
• Politics
• UK politics
• Prime Minister
• David Cameron
• Boris Johnson
• Political comedy
• satire
• recession comedy
• WDM
• World Development Movement
• anti-poverty
• lobbyists
• Food speculation
• Regulation
• Hoot Comedy
• James Rawlings
• Ben Bond
• Ben Thompson
• Rufus Jones
• Rebecca Johnson
• Funny

[TheMonkeywobbler]

This is actually hilarious. The part about Boris Johnson being a polar bear on wheels has special brilliance.

[HannahMeganGriffiths]

brilliant!

[21lgsl]

@caversmill I should have stated that my post was responding to the claim that speculation keeps prices low.Volatility and rising prices are not the same thing, and I'm not denying that other factors such as climate change, increased land pressure and competition for inputs are causing commodity prices, esp food to increase. but if traders are purchasing futures in commodities that they never intend to actually take delivery of eg food, the people who are most vulnerable go hungry as prices rise

[caversmill]

@21lgsl "onions, where speculation through futures and options has been banned this past 50 years, are vastly more volatile in price than oil is, where everyone and their grandmother can speculate to their hearts' content." - As Adam Smith pointed out when he wrote Wealth of Nations, it leads to decreased volatility.

[21lgsl]

@caversmill this is not true.

UN Rapporteur on the Right to Food, Oliver de Schutter has found evidence for the fact that speculation increases prices. Increased futures speculation since deregulation led to increased prices for futures which in turn let to increases on spot markets. sellers then delay sales in anticipation of later price increases; and buyers buy more in order to avoid having to purchase at the higher anticipated prices. Thus, the whole thing acts in a circular motion.

[caversmill]

Except the evidence suggests that speculation keeps prices both low and stable....

The world is going to hell in a hand basket because of economic illiteracy like this

[amalmavani]

@Pobotrol Speculators can only push prices a certain amount before "real" supply/demand dynamics kick in. Speculators have been wiped out again and again when data is released on poor/strong harvests or wars announced etc. It is not true that they can systematically drive up prices. Look through history, it is full of tales where speculators tried to do so and failed. The Hunts tried this in the Silver markets 30 yrs ago and had to pay for their error for years after spectacularly blowing up.

[metallitech]

That was weak

[dot2dotnews]

Well done to the maker.

[Pobotrol]

@amalmavani It is a crazy way to set prices of a commodity.

Price should be based on cost of production, demand for product and price of competing suppliers. Not because someone utterly removed from the actual commodity is speculating on what the price might arbitrarily be for their own gain.

Rolling a dice on people's lives is the pastime of sociopaths. They should do some real work.

[amalmavani]

You're aware that people trading commodities can make money on prices rising as well as falling? So its a complete myth that "bankers" want to drive up food prices so they can profit. People get mad when speculators short (profit from falls in price). You really cannot have it both ways. At the same time when prices go higher the primary producers of food actually benefit and they receive investment which will result in better quality food at cheaper prices long term. But screw the farmers eh?