Yesterday’s announcement that the Bank of England is raising Interest Rates yet again to deal with Inflation and the Cost of Living Crisis just goes to show how clueless and incompetent Andrew Bailey really is. This is the twelfth interest rate rise to deal with this problem.
The previous eleven Interest rate rises had no effect and we continue to see prices of food and household items rising. All this proves is that the strategy of making people worse off simply is not the right way to deal with this situation. It appears that the lack of creativity and dogmatic response from Andrew Bailey and his Bank of England simply isn’t the solution to this current set of circumstances.
Continue reading Twelve Interest Rate rises sanctioned by the Bank of England all having no effect on Inflation and the Cost of Living Crisis
The Tories have no answer to the ‘Cost of Living Crisis’. Now as a last resort they have turned to taxation as their preferred ( and only available) method of attempting to deal with the ‘Cost of Living Crisis’. Taxation and more taxation is their response to dealing with the gap in public finances largely caused by their election of an inept leader which they imposed on the Country and for which we all must now pay for her mistakes. The Tories are now the party of high taxation because they haven’t anything else in their locker. For the last 12 years in Government they have been forced to rely on borrowing to keep taxation down. Now in the time of crisis all their ineptitude is showing. The Tories have no other strategy available to them besides taxation. They have nothing that generates any substantial income for them because they have sold it all off. This is the legacy of Thatcherism. Sell off all your assets and by so doing the only income you will be left with is through taxation. Thatcherism has caused Britain to become bankrupt.
Continue reading The Tories have no answer to 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’
During 12 years of Tory management they have finally managed to turn Britain into a Third World Country. This is Third World Britain. The Tories have turned Britain into a third world country: an all done on their watch. The Tories have turned Britain into a Country where: people could die of hypothermia in the coming winter months, where people cannot find rental accommodation, where students cannot find affordable rents or suitable digs, where people are unable to find homes to rent and cannot afford to mortgages to buy homes. Britain is a country where people can no longer get a dentist, see a doctor or get timely health care. More and more people are relying on food banks. People have to make choices between feeding their families and keeping pets. People are having to make tough choices about heating their homes or eating food. People are seeing their businesses going down. People are being laid off due to the uncertainty that businesses are becoming unprofitable due to overhead costs spiralling out of control. This is Third World Britain. Welcome to Third World Britain a spectacular Tory Party vision and accomplishment.
Continue reading Third World Britain: a Tory accomplishment all done on their watch
What’s wrong with British people? Why are British people so against re-nationalisation of our utilities: our infrastructure? In recent months we have seen how the Energy Providers are exploiting a situation to maximise their profits. We have seen that their actions have led to Inflation and Intertest Rate rises. The time has come to seek to re-nationalise the utilities and in particular the Energy Providers. How long can the British avoid nationalisation of the Energy Companies when it’s starring you in the face as the only solution to deal with Inflation and the ‘ Cost of Living Crisis’. A Tory government will not do this and without it there is not even a single glimmer of hope that a change in the leadership of the Tories will help at all. Liz Truss is a false hope and a mere waste of time. To invest any hope in her to do the right thing will prove to be a costly mistake. Liz Truss can’t be relied upon to do the right thing and nationalise the energy providers in the UK. It’s a blind spot for all Tories and as long as it is then right thing to do will remain undone. So there needs to be a call for the Tories to stand aside so that someone can actually get the job done and do what needs to be done: and that is quite simply to take the energy providers back into public ownership. Re-nationalise the energy providers right now and while we are at it take the railways and the water providers back into public ownership now. And if we can’t re-nationalise these utilities let’s consider squeezing them out of business by introducing a Government sponsored version of the Gad and Electricity providers. If we cannot re-nationalise let’s take public ownership through competition and hence no compensation and a small fraction of the cost of re-nationalising.
It gets more ridiculous: soon the British consumer will be subsidising the French and keeping their energy prices rises limited to only 4%. Yes France is currently re-nationalising their energy company EDF, which operates in the UK. So when consumers in the UK pay EDF their inflated energy prices they will be helping to keep the bills of their French counterparts at a 4% low. So are we British stupid or what?
Britain needs New thinking and New Strategies to deal with Inflation and this ‘Cost of Living Crisis’. Britain needs re-nationalisation of it’s utilities
So wake up Britain. Britain needs new thinking, new ideas and new strategies to deal with Inflation and this ‘Cost of Living Crisis’. Britain needs re-nationalisation of key industries: particularly the Energy Providers. The Tories are dedicated to protecting these profiteering energy companies. The Tories are the obstacle that we in Britain need to remove to tackle inflation and profiteering by these energy providers in the UK. Britain must demand re-nationalisation of the Energy Providers in the UK. To do this Britain must first push aside the Tories who are protecting them. Tory thinking is dogmatic and stale. Socialist Economic theory offers new thinking and new ideas to offer Britain a fresh start and a more prosperous future for everybody.
Reverse the privatisations of Thatcherism and sign my petitions now. Let’s make Britain a much better place.
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
A sure fire way to get the utilities and railways back into public ownership and the less costly way of achieving this.
Yes I admire the ambition of the Labour Party Manifesto and it’s aim to get the Gas and Electricity utilities and railways back into public ownership. Success of this would lead to a more prosperous and fairer Britain and it would be the start of a new era for Britain. Yes it is high time to reverse the failed privatisations of Margaret Thatcher and John Major, and this would be a move which would put Britain on track again. However the scale and the cost of the task is dauntingly enormous and Thatcher knew how difficult it would be to ever go backwards. She tried to make her privatisations irreversible in an attempt to frustrate any attempts to ever develop socialism in Britain. She thought that she had had the final word but despite this there was a fundamental flaw in her plan and one which the Labour Party could exploit if it is savvy enough.
Continue reading Competition is the way forward for the public ownership of Gas and Electricity in Britain