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.
Category: Arguments for public ownership of Gas, Electricity, Water and the Railways in Great Britain
This category looks at who benefits from private ownership of the Energy & Water Suppliers and the Railways in Britain. There is a strong case that supports public ownership of these companies and the British Public stand to gain from the public ownership of these companies through a Capital Re-investment Programme which could benefit the NHS, and public services in general, quickly reducing National Debt and bring a quicker end to the Cost of Ling Crisis here in the UK.
Privatisations that took place under the Thatcher and Major governments in the 80’s and 90’s have proved to be flawed. They have failed to deliver upon the promises of improvements to services. Instead they have proved to be a gateway for the greedy exploitations that have favoured shareholders whilst neglecting levels of re-investment. They have failed to deliver improvements to services and in some cases have proved to be detrimental to the public health and the environment. They are not providing a proper management of Britain’s assets and whilst still in privation they are denying the British public of any benefits to the assets that they naturally provide to the UK. They have also made us vulnerable to attack or through world economic factors by not actually owning the resources that we have here in the UK because the assets aren’t independently owned and are being run for profit by companies that are based outside the UK.
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
Let’s get an Energy Company that works for Britain: instead of outside interests
So this was originally my idea of setting up a Government owned Energy Company offering direct competition to the current suppliers with the aim of putting them out of business. So instead of raising public funds to re-nationalise we can actually put them out of business instead without having to pay any compensation to shareholders. Even though Sir Kier Starmer didn’t mention putting them out of business that is surely the ultimate aim. Clearing the way for Britain to at last and again be in total charge of it’s energy provision. Let’s finally rid ourselves of outside interests from other countries leaching on our energy markets. Let’s stop subsidising other countries and standing by while they benefit from our subsidiaries. Let’s get an energy market that works for Britain and Britain alone.
It could be though of as re-nationalisation by stealth and uses Thatcher’s own policies of market competition to re-nationalise and take Energy Provision back into Public Ownership. This was my idea and it has obviously been taken on by Sir Kier and the Labour Party.
Should the Energy Providers be worried: you bet they should
So should the UK’S Energy Providers should be worried: you bet they should. The public image of these companies are that they are greedy and exploitative and those that endorse them ( the Tories) are tarred with the same brush. It’s time to sweep them aside by taking all their customers by offering a better deal from a government owned Energy Provider working for the benefit of all UK citizens and putting profits back at the disposal of the UK Government. This is Thatcherism in reverse at long last so that the greedy UK Energy Providers get put out of business using the very policies of competition that brought them into being in the first place. At long last Sir Kier Starmer has the clear thinking to finally offer some new thinking to tackle the long entrenched, outdated and discredited policies of Thatcherism. With a little help from me of course.
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.
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