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John McFall MP Name: John McFall MP
Occupation: Chairman of the Treasury Committee
Country: UK
Total Questions: 10
Total Answers: 0
What Yoosk members think about
Honest Yes No
Clear Yes No
Well informed Yes No
Inspiring Yes No
Consistent Yes No
Well intentioned Yes No
Popular Questions
  1. cooperator is asking John McFall MP: "Why is the defence budget sacrosanct? As Treasury minister you have oversight of all departmental budgets. Why does New Labour persist in ignoring the British public and continue to approve vast billions..." Show more »"Why is the defence budget sacrosanct? As Treasury minister you have oversight of all departmental budgets. Why does New Labour persist in ignoring the British public and continue to approve vast billions on Trident's replacement, new aircraft carriers and weaponry to fight foreign wars whilst at the same time stuffing the bankrupt banks with taxpayers' money whilst leaving production industry to go bankrupt? 
    You have clearly forgotten your roots and the people who worked to elect you in the first place. Instead of subsidisning weapons production and giving top-down taxpayer-funded banker-friendly bail-outs you should be giving bail-outs to ordinary people to organise co-ops to provide the goods and services they and their community need. Why don't you trust the people to come up with their own solutions to the economic crisis? All they need is a helping hand. Micro-finance has great possibilities. Macro-finance to the banks and PFI and privatised monopolies will get you voted out. Isn't the private polling you do telling you that already?" Show less »
  2. 15
  3. 1 comment   |  Topic: Politics   |   Email to friends   |   Mar 04 2009 7:20:30 PM
  1. TimJames is asking John McFall MP: "Should there be a mechanism for all the G20 parliament's different oversight committee's to meet and exchange ideas? If there was a summit of all the Treasury committees, instead of or alongside the G20..." Show more »"Should there be a mechanism for all the G20 parliament's different oversight committee's to meet and exchange ideas? If there was a summit of all the Treasury committees, instead of or alongside the G20 Summit, would this produce markedly different results? It might have more legitimacy because the forthcoming summit consists of the governments of the day-many of which may all be replaced within the next few years)." Show less »
  2. 11
  3. 0 comment   |  Topic: World Affairs   |   Email to friends   |   Mar 14 2009 11:13:21 AM
  1. shazkl is asking John McFall MP: "Where do you stand on the calls for Gordon Brown to apologise for his part in the present financial crisis and how do you feel about David Cameron's "apology"?"
  2. 10
  3. 0 comment   |  Topic: Banks   |   Email to friends   |   Mar 16 2009 5:06:33 AM
  1. LondonTowner is asking John McFall MP: "Do you think we should embark on a massive recruitment and training exercise aimed at replacing almost all of our top bankers?"
  2. 9
  3. 0 comment   |  Topic: World Affairs   |   Email to friends   |   Mar 13 2009 6:15:39 PM
  1. deltadream is asking John McFall MP: "Will the UK banks, especially those with government investment now, honor their obligations toward the companies that purchased perpetual securities, or “hybrid securities” (Tier 1 and Upper Tier 2)? ..." Show more »"Will the UK banks, especially those with government investment now, honor their obligations toward the companies that purchased perpetual securities, or “hybrid securities” (Tier 1 and Upper Tier 2)?
    These securities were bought by conservative companies as Investment or better grade, yet the uncertainty surrounding the potential impairment of these securities, and the deterioration in the issuers’ creditworthiness, is wrecking havoc on all parties related to the investing companies. The longer the questions hover overhead,
    the more permanent the collateral damage." Show less »
  2. 8
  3. 0 comment   |  Topic: Banks   |   Email to friends   |   Mar 15 2009 1:58:33 AM
MORE QUESTIONS!
Recent Questions
  1. Olddog is asking John McFall MP: "Nowadays, in the computer age, the banks create virtually all of the the money in circulation and this "bank" money is "debt based" and benefits the banks not the people. This capability allows the banks..." Show more »"Nowadays, in the computer age, the banks create virtually all of the the money in circulation and this "bank" money is "debt based" and benefits the banks not the people. This capability allows the banks to engineer excessive booms & busts for their benefit at the expense of real businesses & workers and builds incessant inflation into the system with continued reduction in workers real incomes. If Money bcreation was removed from banks and restored as the rightful prerogative of the State the  seigniorage incomre would give a massive  equivalent  reduction in taxes or the improvement of public services,state pensions,etc,,
    As Chairman of the investigatory Treasury Select Committee you should be breaking the "The Wall of Silence" by most politicians and financial journalists on this issue !  You should be advising  the Government, that claims to be Socialist, that it should not be  not be controlled by the powerful banking interests. You should be advising - and publicising your advice- that its  first priority should be the protection of  the rights of the people to receive seigniorage income - not the banks. That it should   update the 1844 Bank Charter Act Act so that the creation of modern "Electronic Money" is removed from the banks and restored as the prerogative of the State. You should advise  the Prime Minister & Chancellor that the G20 Summit provides  a wonderful opportunity to persuade other G20 countries to make the same reform. 
    A proposal that the replacement of debt based money by State created base money  be tabled for discussion by the UK Government at the G20 Summit,  with a clear methodology for implementation,  was submitted by James Robertson  to your Committee's session on the Banking Crisis.
     " Show less »
  2. 7
  3. 0 comment   |  Topic: Banks   |   Email to friends   |   Mar 17 2009 1:35:47 AM
  1. ThomasT is asking John McFall MP: "You have called for an FSA probe on the misselling of "secure loans" which I agree, should be looked into, but back in 1988 I was missold an endowment mortgage and 21 years down the line am in the situation..." Show more »"You have called for an FSA probe on the misselling of "secure loans" which I agree, should be looked into, but back in 1988 I was missold an endowment mortgage and 21 years down the line am in the situation where I have had to accept to bear the loss myself. If there is a probe, will the people who have been missold these investments be compensated, and how long will it take?" Show less »
  2. 6
  3. 0 comment   |  Topic: Investment   |   Email to friends   |   Mar 16 2009 5:19:28 AM
  1. shazkl is asking John McFall MP: "Where do you stand on the calls for Gordon Brown to apologise for his part in the present financial crisis and how do you feel about David Cameron's "apology"?"
  2. 10
  3. 0 comment   |  Topic: Banks   |   Email to friends   |   Mar 16 2009 5:06:33 AM
  1. MartinMurphy is asking John McFall MP: "Do you agree there is a second big bail out- of small investors in second homes? I'm a saver and a tax payer. Why should I subsidise a bail out of somebody who has invested in a second home-whose investment..." Show more »"Do you agree there is a second big bail out- of small investors in second homes? I'm a saver and a tax payer. Why should I subsidise a bail out of somebody who has invested in a second home-whose investment has devalued- when I chosen (wisely) not to do so? In capitalism, you live by the sword and die by the sword, don't you?" Show less »
  2. 6
  3. 0 comment   |  Topic: Investment   |   Email to friends   |   Mar 15 2009 11:11:11 AM
  1. deltadream is asking John McFall MP: "Will the UK banks, especially those with government investment now, honor their obligations toward the companies that purchased perpetual securities, or “hybrid securities” (Tier 1 and Upper Tier 2)? ..." Show more »"Will the UK banks, especially those with government investment now, honor their obligations toward the companies that purchased perpetual securities, or “hybrid securities” (Tier 1 and Upper Tier 2)?
    These securities were bought by conservative companies as Investment or better grade, yet the uncertainty surrounding the potential impairment of these securities, and the deterioration in the issuers’ creditworthiness, is wrecking havoc on all parties related to the investing companies. The longer the questions hover overhead,
    the more permanent the collateral damage." Show less »
  2. 8
  3. 0 comment   |  Topic: Banks   |   Email to friends   |   Mar 15 2009 1:58:33 AM
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