Now, even those few pence are being stripped away -- gleefully -- by what many say is the most extremist government Britain has ever seen, outstripping even Margaret Thatcher in the scope of its draconian cuts and the fervor of its market fundamentalism. The savage cutbacks and vast, churning upheavals being pushed through, at breakneck speed, by the new Conservative government (and its truly pathetic coalition "partner," the lapdog Lib Dems) will sends millions of people tumbling down into a permanent underclass -- and finally, after 60 years of trying, gut the national health service with a stealth "Americanization" that will turn the operation of local doctors' offices over to private firms (many of them from the US) and privatize public hospitals, allowing them to "fail" -- and close -- if they don't produce enough cash for their elite shareholders. Meanwhile, the schools are now in the hands of the arch-neocon Michael Gove, who is plotting with revisionist historian Niall Ferguson to impose a pro-Empire, pro-elite "national greatness" ideology on the young. Gove is also using "emergency" legislative procedures to strip public schools away from the oversight of democratically elected local government and put them into the hands of unaccountable corporations, religious groups and wealthy elites.

This Revolution of the Rich is being justified by a carefully crafted, constantly stoked panic about budget deficits, pointing to the example of the perpetually weak government and economy of Greece as a horror story to be avoided at all costs. Yet even if the Greek situation was as dire as the fearmongers make out, the fact remains that the cuts which the Tory-LapDog coalition is making in the much stronger, much more stable UK are actually far in excess than those being imposed upon Greece. As with the fearmongering about "Iraqi WMDs," the "dangers of the deficit" are being exaggerated -- and manufactured -- in order to put into place a pre-existing (and transatlantic) ideological agenda:  neo-feudal oligarchism.