Prime Minister Rishi Sunak intends to pick your pockets to accomplish his 5 objectives

Prime Minister Rishi Sunak has outlined his intentions  to pick your pockets to accomplish  his 5 objectives which include tackling Inflation. Sunak and the Bank of England  are intent upon driving us into a recession to deal with Inflation. How ridiculous  is this policy? Well it amounts to crashing the bus to make it stop even though the bus has working breaks. It’s like crashing an aeroplane in order to land. This is the ridiculous  strategy  being pursued by this Tory government  and Andrew Bailey the so called governor of the Bank of England.

Surely creating  a recession is not the only strategy available  to tackle Inflation. This is economics made stupid. Surely a set of qualified  economics advisors and experts could devise a better plan. Or is it just that economics has been taught incorrectly for years in schools and universities and this has resulted in a set of so called experts that are unable to apply true creative thought free from the shackles of dogma. Why not look for what has caused this Inflation. Ignore Putin, he is not the root cause: it’s  the energy and utilities  market that has driven this Cost of Living Crisis. This  is what needs to be done to tackle Inflation. Rishi Sunak and these Tories simply don’t  get it or they are basically  still supportive of the Thatcherite  privatisations  that have marred Britain  since their inception. Britain needs to rid itself  once and for all from the legacy of Thatcherism. As I mentioned in my articles dealing with this issue. The biggest obstruction that stops Britain  moving forward is  the awful  legacy of these Thatcherite  policies that continue to hold Britain  back. We need a government  with the courage to actually  deal with these real issues. The Tories won’t  do it. Blair didn’t  do it either and even perhaps Kier Starmer’s  Labour vision ( when we actually  know what it  is ) probably  won’t  tackle these issues either. In the meantime, as we head towards the next recession, Prime Minister Rishi Sunak will be picking your pocket in an attempt to meet the demands of his 5 point plan for Britain. You will be the ones paying for this with interest rate rises and possibly  job losses.

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.

Continue reading How to tackle the ‘Cost of Living Crisis’

Starmer threatens the UK Energy Market suggesting a Publicly Owned Energy Provider

Sir Kier Starmer sent a strong message to the UK Energy Providers  with an underlying threat made at the Labour Party Conference yesterday. If Labour gets elected it will set up a new publicly owned Energy Provider that will be in direct competition  with the current UK Energy Providers. However it will be run for the benefit of the public and not as a privatised enterprise.  This was initially  my idea that I provided to the Labour Party on 19th October 2017. See my post http://havemysay.me.uk/competition-is-the-way-forward-for-the-public-ownership-of-gas-and-electricity-in-britain 

Continue reading Starmer threatens the UK Energy Market suggesting a Publicly Owned Energy Provider

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?

Conservative Party’s policies are a Dead-end Street for Britain

The Conservative Party’s policies are finally revealed to be a Dead-end Street for Britain. Their policies and ideas are stagnated and simply not relevant for a Britain struggling to develop and struggling under insurmountable Inflation being driven by the immoral  greed and profiteering  of the Energy and utilities companies in the UK.

Privatisations have spawned  monsters with ideas that they can milk demand to death without impunity or consequences. These monster energy  and utilities  companies are driven by greed acting outside of the national  interests without a conscience  or any remorse. There sole purpose  being to maximise their profits whilst driving Inflation  in the UK higher  and higher. No longer restrained  by governments they can act outside of concerns like fair pricing for energy and act beyond any national concerns. They even set their own prices and Price Cap (joke) without any government intervention. They are quite simply a law unto themselves. And whose fault is it? Well fault can be traced back over many decades to the ill thought out and possibly  illegal sale of the resources to private concerns and profiteers. And who wad to blame  for that: well previous  and current Conservative governments because they did it and the current Conservative governments  continue to endorse it. Privatisation  was always going to be a Dead-end Street for Britain  and we are now at it upper limits with no where else to go other than backwards to find a brighter future without these shambolic  profiteering  energy  and utilities companies dictating the economic situation and profiteering and causing misery and mayhem thanks to the ill thought out policies  of consecutive  Tory Governments.

For more information go to https://weownit.org.uk/

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.