The Bank of England and Liz Truss’s government are at loggerheads. Both seem to be working against each other and seem to be opponents. Meanwhile despite this Liz Tuss’s government plays a risky game with people’s pensions and livelihoods. Liz Truss continues to put pensions at risk and puts homeowners in a vulnerable position with their mortgages. This is politics playing with people’s lives. Her actions only compound the ‘Cost of Living Crisis ‘ and make it worse for most people. This is the most irresponsible government that has been seen. This government and Liz Truss and Kwasi Kwarteng in particular continue to demonstrate lack of insight and incompetence. The Tories need to go now. The selection of a bunch of amateurs to steer the country demonstrates and reinforces what I have said previously, that the Tories lack any talent in their ranks and are bereft of real insights into ways in which to tackle the current issues of ‘Inflation’ and ‘The Cost of Living Crisis’.
We will be looking at recent speeches in the Commons by Jeremy Corbyn and how his speeches seem to conflict with his plans to let Theresa May and her Tories have a free hand, unchallenged in processing their Brexit plans through Parliament. Is the Labour Party now colluding with the Tories to get a swift Brexit. Should not the Labour Party be opposing Theresa May and her government in their attempts to speed through what is essentially the product of a right wing and extreme right movement. Brexit is loosing momentum and support on a daily basis as it becomes clearer of what the consequences to the British Economy will be with the value of the Pound steadily dropping and the prospect of a hard Brexit looming. The Labour Party would be best served preaching good sense and be thinking what is best for Britain and the British Economy rather than attempting to gain electoral advantage by courting support from right wing voters.
It’s true the British Public were pick-pocketed by Margaret Thatcher and John Major. Forget being mis-sold PPI that’s nothing in comparison to the robbery and mis-selling that occurred and was directed by the Margaret Thatcher and John Major administrations. If I had enough money I would take the matter to court to expose the treachery that occurred and to prove that the privatisations were orchestrated to make a lot of money for vested interests and were not in the interests of the British citizens nor the British Economy.
Britain is bankrupt
Have you taken a moment to understand that Brexit will be bad for Britain. It’s now getting obvious that there will be no good deal for the U.K from our European partners and why should there be. Theresa May is emphatic that we will succeed in getting a good deal for Britain but this is mainly just Tory arrogance. Why should we believe that we are a special case deserving of the best or a better deal than anyone else. This has always been our attitude to Europe we somehow have this notion that we are more deserving or best placed to have special rights. Well no more because the European Union are going to make an example of us : how dare they leave. They will make it hard with no special deals. It is in their interests of survival that we are made an example of: isn’t that just so obvious. They are not going to make us a nice cosy deal otherwise all the other European Union Countries will want to leave under similar cosy little arrangements. Theresa May already knows this because she has been attempting to find friends in Europe since being given the messy job of being the Brexit Prime Minister. She can’t find friend nor favour and time is quickly running out. Despite this Theresa May is sitting pretty and brimming with confidence so you have to wonder why. Well the answer to this lies in the simple rule of Conservative Party undeclared policy: Simply blame someone else for the mess that they might find themselves in. So when it all goes horribly wrong and when the British Public are complaining that they have received a hard Brexit and prices have risen, people have lost jobs and Inflation has rocketed who will be to blame: Well You of course. The British Public will be to blame for making Theresa May do this economically Hara-Kiri. Theresa May is sitting pretty and pressing ahead with this economic suicide because you, the British Public, wanted her to. Yes your to blame for Brexit : you the bigots and small-minded people who actually bothered, probably for the first time in your lives, to go to the polling stations. Who else is to blame well David Cameron of course for encouraging the small-minded bigots to rally for their cause and in letting them express their misguided opinions.
Then you have to ask yourselves who benefits from Brexit. Well Theresa May and the Conservatives stand to benefit from the stupidity of Brexit by inheriting a Thatcherite Utopia of a low wage economy with high unemployment and high inflation which Thatcher sought to bring about and exploited by eroding wages and working conditions for U.K. citizens and workers. This is what Theresa May wants for U.K citizens and when this happens the metamorphosis of may into Margerat Thatcher II ( no spelling mistake I assure you) will be complete.
And finally to those of you who are saying that there will be a British Economic Boom as a result of Brexit and our isolationist stance falsely believing that there will be more jobs and better opportunities for British workers well here is a small lesson in Economics.
Any downturn in the Economy such as higher levels of inflation reduces people’s spending power and as such sales are reduced. Higher inflation and a weak pound may make us appealing to exports but exactly who we will be exporting to is in serious doubt because the US will also be attempting economic isolation and Europe simply will not be playing ball with us. High inflation makes us all worse off so we spend less sending our economy into further decline and recession. Recession results in job losses and under Tory control will also result in erosion of wages and workers rights. Higher unemployment again results in less affluence and reduced spending which also results in more benefit payments and increased financial burdens on Central Government which then results in higher levels of taxation and or borrowing. Thus increasing the deficit.
Well they have finally admitted it now there is not going to be any Christmas Cheer coming your way from Theresa May and her Conservative Party Government. They have finally been forced to release their unpleasant news in the Budget of last week. This is a gloomy forecast indeed and is in stark contrast to Theresa May‘s previous promise to be a Party for people and working people especially. There is no good news or hope to be taken from the November 2016 Budget and the financial forecasts: just more Jams (just about managing) and no Creams at all for the majority of people. Then add on to all this the stupidity of pressing ahead with Brexit and the resulting higher inflation and devaluing of people’s wages and living standards and you have more and more ‘jams'( Just About Managing). So there is no good news ahead for those that are presently ‘jams’ ( just about managing ) and those that are not currently ‘jams’ the bad news is that with a hard Brexit looming ahead you soon will be. The only sense that I can make of it all is that Theresa May in reality wants a low wage, high inflation and high unemployment economy the same as her cherished predecessor ‘Margaret Thatcher‘ , who is after all her idol and the politician she most aspires to resemble. This similar set of circumstances gave Margerat Thatcher (not a misspelling I assure you) the opportunity to punish the working classes and divide them to the point from which they are still yet to recover and come to their senses. Due to a set of very similar economic circumstances she was able to drive down wages, erode workers rights, divide traditional loyalties and worst of all she made snobs of the working class and all because of a high inflation, high unemployment economy which was favourable to her extreme policies. This was the Thatcherite Utopia to which Theresa May now also aspires to and this is why she is so keen to be pressing ahead with Brexit despite the gloomy economic forecasts. Theresa May and her Conservative Government cannot and should not be trusted as she is not acting in the interests of Great Britain or the UK Economy.
I simply fail to understand that people cannot grasp this simple concept. Brexit will create high inflation and make us all worse off. The devaluing of the pound has made this quite clear in the run up to jumping off the cliff and if we continue then this situation will only worsen. Spelled out this means that we cannot buy our imported goods as cheaply as we do now. Since we rely so much on imported goods (no Britain could not achieve self sufficiency as many Brexiteers believe) so we will all have to pay more for these goods because of a weak pound. Now add on to this the hard Brexit that will occur because of our poor relationship with Europe and then you get Trade Tariffs as well. At the moment we have no Trade Tariffs with European Union. So slap that on the price of our imported goods and you have got to realise that everything is going to be so much more expensive. Inflation devalues your wages and makes you worse off. So is that clear enough now? Do you still want to get out of the European Union under such adverse conditions jumping from the frying pan? Are you willing to make yourselves worse off simply because of your dislike of foreigners and immigration? Yes there may be more jobs as a result of Brexit but you will also be giving the Conservatives the kind of climate they thrive in : namely a high inflation and low wage economy which gives them the opportunity to erode workers rights and working conditions and drive down wages. Britain will be going backwards to the 1880’s as in the Victorian Slum times again if we have this stupid Brexit either that or we all be living like Tom and Barbara from ‘The Good Life‘ TV sitcom because that is what these Brexiteers have envisaged for us : Britain on it’s own again living the self-sufficient lifestyle. Tom and Barbara’s attempts to be self-sufficient were the laughable subject matter for a slightly amusing TV sitcom and Brexit will have the same effect but extended far beyond Tom and Barbara’s back garden and make us all, here in Britain, the laughing stock of Europe.
Also do not look to the United States of America for help and special trade agreements. Donald Trump has been elected to President of the United States based upon his protectionist stance in terms of trade. In effect he is going to limit imports and force Americans to buy American made products. That is exactly how he intends to revive and re-energize the American Economy.
Forgive me if I am wrong but I was under the impression that the Brexit Referendum was an Opinion Poll and if the result would be in favour then exit from the European Union would be investigated to see if an exit was deemed favourable to Britain socially and economically, then if these conditions could be satisfied then we would leave. It was never my understanding that the outcome of the vote had to be followed to the letter. It appears that instead we have a knee jerk reaction to public opinion so we go running off like a headless chicken running into the darkness of the unknown.
The Brexit Circus is the only Show in Town
It seems that Britain has been mesmerised by the stupidity of Brexit, Cameron and Farage to the point where we are no longer able to make rational decisions. Britain is now a headless Body: a mere avatar for Nigel Farage’s and Boris Johnson’s own political ambitions. Now we have let utter stupidity take over over from common sense in the same way that Hitler came to power in Nazi Germany. Meanwhile the Politicians are falling over one another like a bunch of clowns showing a total lack of judgement because they are more concerned about being unpopular, so they now work for the Brexit Circus following the Brexit opinion: their concerns are more about worrying about hanging onto power than making shrewd and correct political judgements that are in the best interests of Britain as a whole. They should realise that even though Brexit came in as a yes to leave vote that not all those that voted to leave would necessarily show the same allegiance to a singular political party in a General Election situation.
Who the hell does Theresa May believe she is suggesting that she is championing the working classes in today’s Britain. It just goes to show how out of touch she is and her words are just insulting to working people. This is Theresa May’s attempt to brainwash the working class into believing that the Conservative Party led by her represent the interests of the working classes. It is patronizing, insulting and in bad taste. There are people in Britain who already work hard: damn hard in fact but who get virtually nothing for their endeavours. The Minimum Wage is just a joke and some in Britain are working 60+ hours a week just to scratch a living. Theresa May is now attempting to re-write the Conservative Party History by claiming it champions the working classes where in actual fact history tells us that the Conservatives have traditionally eroded workers rights over the years and took away power from the unions. You have to remember that it is only European Law that is defending the last battalions of Workers Rights and now consider that the Tories are the ones that will be taking us out of Europe. The right wing of the Tory Party have been trying to erode these Workers Rights for years and now that the right wing of the Tories are in total control this should surely be sending out some very strong Warning Signals to the Workers and Working People in the UK. If Not then Why Not?