The Bank of England and the Government at loggerheads

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’.

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.

What a Blunder: Chancellor Kwasi Kwarteng trips up over his own ego

Continue reading What a Blunder: Chancellor Kwasi Kwarteng trips up over his own ego

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

 

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

Competition is the way forward for the public ownership of Gas and Electricity in Britain

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