However, there was a twist in the Labour Fudge Brexit, and we got the first clue as to what their Promised Land actually looks like when John McDonnell suddenly declared he would be taking back control of rail, utilities, water and the Royal Mail. So far, so pretty normal for a Left-Wing government, but here’s the kicker: McDonnell stated that when buying back shares to renationalise these companies ‘Market value would be determined by Parliament.’
Woah! Just a minute there. A market value no longer determined by the market, but by Parliament.
So, if a Corbyn Government decides your shares are worth a penny, then that’s what you get regardless of value. So, now we see why the Labour Leadership is so keen to leave the EU. They want to snatch and grab at industries and set up a form of state socialism where everything goes through them. A kind of milk and honey for the many, but controlled by the few.
http://vip.politicsmeanspolitics.com/2017/09/25/brexit-dont-make-me-go-to-the-promised-land/
Sister blog of Physicists of the Caribbean in which I babble about non-astronomy stuff, because everyone needs a hobby
Subscribe to:
Post Comments (Atom)
These things are not the same as these other things
Today, a couple of similar-ish pieces from Pscyhe I think I can get away with combining into a single post. The first one is very simple, d...
-
This is nice video which attempts to solve why the world is sometimes such a crappy place and obvious solutions don't get implemented. I...
-
"To claim that you are being discriminated against because you have lost your right to discriminate against others shows a gross lack o...
-
Three rules for any article on AI : 1) AI does not yet have the the same kind of understanding as human intelligence. 2) There is no guar...
Oooh! Please tell me the new dystopian government will replace all the internets with pneumatic tubes; I always loved Brazil.
ReplyDelete