Britain, for goodness sake wake up and call for re-nationalisation of the utilities, we need new thinking to tackle problems

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.

Sign these

Railways

 Water

 

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?