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/
Sunday, 12 November 2017
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