How to tackle the ‘Cost of Living Crisis’

How to tackle the ‘Cost of Living Crisis’. Well the first obstacle is to remove the Tory Government because  they are not equipped, ethically  or ideologically, to deal effectively  with the ‘Cost of Living Crisis’. In fact many of their policies have contributed to this situation. The legacy  of Thatcherism is also a contributory factor. The current  situation  of having our Energy and other utilities  in the private sector is a major factor contributing to the high levels of Inflation that we are seeing. These Energy  Providers  have just got increasingly  greedy and any attempts  to moderate this by Tory  Government  Policies has been ineffectual.

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Baldrick also had a bold and cunning plan: which like Truss’s will come to nothing

As we await the bold plan of the latest installment of the Tory Prime Minister number 4 , Liz Tuss, I am reminded of another bold and cunning plan by Baldrick of Black Adder fame. It might appear that the 2 have something  in common with one another with the announcements of both that they have a bold and cunning plan. The similarities  might not just end there  though because  Baldruck’s plans  always came to nought and similarly those of Liz Truss’s may have the same auspicious ending as well. I suppose  only time will tell. However during the leadership  race I was pretty unconvinced by Truss whose wooly  thinking often exposed her. I was also not convinced that Truss had  any edge at all over Sunak and mostly to the contrary actually I thought Sunak gave the more convincing arguments. Remember  that Truss’s plans to alter income tax actually  didn’t  benefit Pensioners at all. What struck me most about Truss’s  win was that there must be a severe lack of any real talent  at all in the Conservative  Party at the moment if Truss was eventually  crowned as the preferred  candidate.

Continue reading Baldrick also had a bold and cunning plan: which like Truss’s will come to nothing

Re-nationalise the Energy Providers is the only option to deal with Inflation: the Tories are the only obstacle

It is evident  that the only solution  to deal with Inflation  is to re-nationalise the Energy Providers in the UK: the only obstacle  to be removed is the Tories. It is now in the national interest to re- nationalise these Energy Providers to deal with Inflation and to prevent the gross profiteering by these utilities which is against the national interests. Quite simply the current situation is intolerable and is the only factor  driving inflation higher  and higher. The Tories  have lost any control and regulation  of the utilities and Ofgen is defunct  and unfit for purpose. Continue reading Re-nationalise the Energy Providers is the only option to deal with Inflation: the Tories are the only obstacle

Price Cap: My Arse

There is no EnergyPrice Cap. No meaningful intervention  and no controls and certainly  no regulating body. Price Cap: my Arse. Energy  companies  and utilities are setting any arbitrary  prices that they like without intervention from this useless Tory Government. Energy companies  and utilities  can basically  charge what they want and over inflate their greed and profiteering  at the same time. Only the threats of re- nationalisation can rein them in now.

It is widely expected that the Bank of England will raise interests rates today : why is this wrong to do so?

This post has been made in response to Kevin Peachey’s article that appeared today on the BBC’s App and website  https://www.bbc.co.uk/news/business-57764601  .It is widely  expected that the Bank of England will raise interest rates today in order to tackle Inflation. This is a very predictable text book response to Inflation and seen by many as the preferred method  to tackle  Inflation. The BBC has inferred  that this Inflation is as a result of the lack of goods in the Economy after the Pandemic. From what I remember of the Pandemic is wasn’t goods availability that was problematic it was just that there appeared to be a shift away from people actually going to get goods to a situation whereby goods were being mainly ordered and delivered. Sure enough there was some drop in production but this didn’t impact greatly on availability. There was however more of a drop in services in that sector of the Economy.  However today all I ever see down our street and on our estate is loads and loads of delivery vans constantly  shuffling about and delivering goods to people’s  homes via Amazon and DPD to name but a few. Also I myself  have ordered much since the Pandemic  ended and have enjoyed taking advantage  of one day delivery schemes. So when the BBC state lack of goods as a cause of this current period of Inflation , I simply have to  laugh. I have never recently gone onto the Internet and Amazon, in particular, where I remember being informed that the goods that I wished to order were out of stock. This has been my recent experience.  So where is this shortage of goods driving this Inflation? It simply does not exist but has become an easy  scapegoat to avoid the real finger of suspicion.

The real cause of Inflation is the greedy energy and utilities  companies hiking up profits and disguising these as pass on costs.

Continue reading It is widely expected that the Bank of England will raise interests rates today : why is this wrong to do so?

Energy Companies and Utilities are laughing at you all the way to the Bank

The energy companies and the utilities are laughing at you all the way to the bank. As you struggle to meet your fuel and energy  bills these companies continue to drive inflation higher and higher whilst maximising  their ever increasing  profits and paying huge dividends to their shareholders. It is immoral that they are making huge profits and not simply passing on costs to consumers. Instead they are adding huge profit margins  to their prices. In this way they are fixing prices and driving inflation  without regards. Their behaviour is immoral and wrong. They are exploiting consumers and laughing at them whilst the Tory government  does nothing at all.

To tackle inflation you must reel in the profiteering of the Energy and Utilities who are driving inflation upwards for their own ends

Continue reading Energy Companies and Utilities are laughing at you all the way to the Bank

There would be no need to increase taxation if privatisations were taken back into public ownership

There would be no need for Tory taxation rises if the public owned the utilities and railways. Privatisations  need to be reversed and put back into public ownership. This is simple and straightforward economics.

Taxation taxation taxation sums up the lack of creative thinking in May’s Government

If in doubt hike up the taxes. Despite the poor and those suffering through Austerity raise the taxes even more. Again it’s 2 fingers up to those poor ‘Jams’.

Continue reading Taxation taxation taxation sums up the lack of creative thinking in May’s Government

British People are worse off year by year and it’s about to get worse

What is wrong with the British People and why are they such gluttons for punishment. Year by year our incomes become diminished through: utility price rises, spurious taxes (Sugar Tax), Rail Fare hikes and; the costs of goods, food and basic services increasing. Yet still our pay remains frozen or rises at a significantly lower rate than inflation and yet we still put up with it and muddle through. Britain is reverting back to the Victorian times again where we see: charities helping out the poorest sectors of society with a reliance upon philanthropy rather than state policies to support the poorest (which are more often than not the actual cause of the problems), massive rises in homelessness; and the belligerent exploitation of the plight of the poorest by wealthy landlords or unscrupulous employers. Most of us have become victims to this predatory behaviour from the wealthier classes either through our working conditions/practices or simply as a result of the all encompassing feedback we all get from Tory policies and their ideologies. Many of us are caught in a poverty trap just scrapping by and unable to afford to save to buy a home of our own. This simply will not do despite the sham, shallow concern expressed by Prime Minister Theresa May during her ‘JAM’ period, where she tried to convince you that she was concerned but time has revealed this not to be the case. This is position for which she has no real concerns for the plight of the exploited at all. Instead whole generations are being doomed to exist in this lifestyle: being exploited by low wages, few opportunities, dead end jobs or zero hours contracts.  The Tories have always insisted that work should pay and they have oft used this as their justification and rallying cry to persecute the poorest unfortunate enough to have to rely on the Benefits System with repeated systematic attacks on the Benefits System in the UK. Yet despite this for the majority in low paid employment work simply is not paying nor bringing about any sort of rewards at all that you would associate with the effort required. This is not good enough! There is really no hope in sight for change: or is there?

Continue reading British People are worse off year by year and it’s about to get worse

Angry about the Rail Fare Rises in Britain? What can you do?

If you are angry about Rail Fare rises the first thing you need to consider doing is voting out the government that brought in the unpopular privatisations in the first place. The Conservatives will never do anything to bring the Railways back in line. They continue to endorse and perpetuate this private enterprise and shareholding system and will continue to do so as long as they hold the balance of power in Britain. Even despite it’s obvious failings and poor deal for both the consumer and the country as a whole, Thatcherite principles will always prevail under Conservative administrations. Even though this current administration under Theresa May has not brought about the privatisation per se, even so her administration still endorses it and allows it to continue despite the poor deal it offers to both consumers and to the British public as a whole. Therefore you will only ever change things by working to bring about a government that supports public ownership. If you are a Tory supporter or Tory voter you have no right to complain about Rail Fare increases you are in fact endorsing this situation.

If you are interested in the Railways issue then please follow this link to We Own It which is a campaign to bring about public ownership of the Railways.