Labour Conference....total maddness or even possable ?
Discussion
Unfortunately they promising lots of "free" stuff to self entitled people who don't realise they will be paying for it anyway.
Anyone old enough to remember nationalised industries will know how crap they were. Anyone who has ever worked in the Public Sector will know things are no different now.
Anyone old enough to remember nationalised industries will know how crap they were. Anyone who has ever worked in the Public Sector will know things are no different now.
I think that Corbyn and McD are idiots, but leave them aside for a moment.
Back in the mid 1940s, lots of stuff was nationalised, and the sky failed to fall. Indeed, things went quite well for quite a bit. Much of the so called privatisation of the last few decades hasn't been real privatisation - it has been conjuring with balance sheets. Much risk has remained with the public (sometimes with reward going elsewhere). Recent events show that even banks can get nationalised without Communism suddenly happening.
EU State aid rules would, however, pose some potential hurdles to some models of nationalisation. The EU is widely mistaken for a socialist thing, but in fact it is a capitalist thing, which is why Corbyn is a Brexiteer. I reiterate that Corbyn is an idiot.
Back in the mid 1940s, lots of stuff was nationalised, and the sky failed to fall. Indeed, things went quite well for quite a bit. Much of the so called privatisation of the last few decades hasn't been real privatisation - it has been conjuring with balance sheets. Much risk has remained with the public (sometimes with reward going elsewhere). Recent events show that even banks can get nationalised without Communism suddenly happening.
EU State aid rules would, however, pose some potential hurdles to some models of nationalisation. The EU is widely mistaken for a socialist thing, but in fact it is a capitalist thing, which is why Corbyn is a Brexiteer. I reiterate that Corbyn is an idiot.
edh said:
Breadvan72 said:
A bad idea...Breadvan72 said:
He was really not very good on Today this morning. He looks shifty for the way he's trying to distance himself from the uber debacle and he's weak on the subject of the EU. He talked about the concept of not having access to the single market. That's North Korea territory. Everyone has access. It's a question of tariffs and non-tariff barriers. He needs to be better briefed and he should take responsibility for the uber situation and for resolving it. Uber is a big vote loser for him. Siding with the vested interests of the unions and the LTDA to kill a service used by younger Londoners (and me) and put 40,000 people out of work is not a good look.Breadvan72 said:
edh said:
Breadvan72 said:
A bad idea...Zod said:
He was really not very good on Today this morning. He looks shifty for the way he's trying to distance himself from the uber debacle and he's weak on the subject of the EU. He talked about the concept of not having access to the single market. That's North Korea territory. Everyone has access. It's a question of tariffs and non-tariff barriers. He needs to be better briefed and he should take responsibility for the uber situation and for resolving it. Uber is a big vote loser for him. Siding with the vested interests of the unions and the LTDA to kill a service used by younger Londoners (and me) and put 40,000 people out of work is not a good look.
I heard him on Today during the election campaign and he wasn't very good then either - talked about renationalising utilities without increasing the national debt. When questioned on this, he said a Labour government would issue bonds to pay for it. This from the man who would be chancellor. Oh, and parliament will apparently set the price to be paid for the shares in these companies - that should end well.If they were to take power, our economy would be in the hands of a self-avowed Marxist who has previously called for insurrection against the elected government and abolition of the security services and armed police. Too scary to even think about, but Corbyn's cult of personality is now such that anything that isn't glowing praise will be dismissed as propaganda.
Breadvan72 said:
Back in the mid 1940s, lots of stuff was nationalised, and the sky failed to fall. Indeed, things went quite well for quite a bit.
By the 1970s the effects of that lack of investment became acute as Governments of the day grappled with the demands that money be spent on other parts of the economy/public services. This, coupled with crap products, terrible management, bolshy Unions (who felt that they could hold the country to ransom on behalf of their members) meant that publicly owned industries were a national disgrace.
Can you imagine the state of modern day telecommunications in this country if the GPO was still in charge of it?
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