FIRST YOU SEE IT, NOW YOU DON'T.
Miliband the magnificent magician has been at it again. 'Thoroughly Modern' has, over recent months, been bombarding us with what a Labour Government would do to improve our lot. Not a mention, of course, that they were the architects of this abysmal situation. He really can make money disappear.
During the conference season, he was informing the dim, that he would have a freeze on fuel prices, heaven knows what will happen should the basic costs go up during that period of 20 months. Notwithstanding the fact that he created the green taxes which add to these excessive charges. That policy sent shudders through the markets, knocking vast amounts from the value of the suppliers stock, favourite investments for pension funds. His next pronouncement came with a promise to make life easier for the 'middle classes'. Now this would be a first. Socialism always attacks this source, for taxes paid to the feckless, who happen to be excellent voting fodder. Thirdly, he would limit the size of the big banks; probably breaking the 'high street' from the 'venture capital division'. On the face of it, bearing in mind the performance of these banks over the last decade, most people have lost their trust in these institutions, but the last Government, under 'Incapability Brown', backed the failing outfits, with billions of taxpayer GB's money, or promises which would incur deferred taxes. Miliband included in this package, two further banks, which he calls 'challengers'. He is however so dozy, or hoping that his followers are equally dozy not to have noticed that the current Government have already made some of these plans, who, nevertheless, are wary of breaking down the big banks, we are sure, because they would be picked off by some of the large international financial institutions. That is something that the author is particularly concerned about.
Unfortunately, what the commentators never question is Miliband's ulterior motive? The two banks propped up by the taxpayer, which were being lined up to be sold off, following the 'neophyte's' suggested policy, have lost millions in reduced shareholding, because of his naive approach. Could the long game be to satisfy his 'kitchen table marxism', making sure that these fuel suppliers and banks go bust, following which, he will nationalise them?
HERE'S A CLOWN THAT YOU WOULDN'T EMPLOY TO MASH THE TEA.
During the conference season, he was informing the dim, that he would have a freeze on fuel prices, heaven knows what will happen should the basic costs go up during that period of 20 months. Notwithstanding the fact that he created the green taxes which add to these excessive charges. That policy sent shudders through the markets, knocking vast amounts from the value of the suppliers stock, favourite investments for pension funds. His next pronouncement came with a promise to make life easier for the 'middle classes'. Now this would be a first. Socialism always attacks this source, for taxes paid to the feckless, who happen to be excellent voting fodder. Thirdly, he would limit the size of the big banks; probably breaking the 'high street' from the 'venture capital division'. On the face of it, bearing in mind the performance of these banks over the last decade, most people have lost their trust in these institutions, but the last Government, under 'Incapability Brown', backed the failing outfits, with billions of taxpayer GB's money, or promises which would incur deferred taxes. Miliband included in this package, two further banks, which he calls 'challengers'. He is however so dozy, or hoping that his followers are equally dozy not to have noticed that the current Government have already made some of these plans, who, nevertheless, are wary of breaking down the big banks, we are sure, because they would be picked off by some of the large international financial institutions. That is something that the author is particularly concerned about.
Unfortunately, what the commentators never question is Miliband's ulterior motive? The two banks propped up by the taxpayer, which were being lined up to be sold off, following the 'neophyte's' suggested policy, have lost millions in reduced shareholding, because of his naive approach. Could the long game be to satisfy his 'kitchen table marxism', making sure that these fuel suppliers and banks go bust, following which, he will nationalise them?
HERE'S A CLOWN THAT YOU WOULDN'T EMPLOY TO MASH THE TEA.
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