Labour’s proposal to bring public services such as water, energy and rail into public ownership if they regain power would be “cost free”, Labour finance spokesman John McDonnell has said.
The shadow chancellor says in words disturbingly reminiscent of his hero Karl Marx, he wants to put public services “irreversibly in the hands of workers” so they can “never again be taken away”.
In a speech in London, Mr McDonnell said privatisation had failed.
Earlier, Mr McDonnell told BBC Radio 4’s Today programme taking services into public ownership would not ultimately increase the burden on taxpayers because government bonds could be swapped for shares in a revenue-producing company.
“It would be cost free. You borrow to buy an asset and when that asset is producing profits like the water industry does, that will cover your borrowing cost,” he said.
We should remind ourselves that last time these communist idiots tried to take vast swathes of the economy into government ownership, and the time before that, and the time before that, by the time voters were able to kick these ideologically driven idiots out of office they had bankrupted the nation and public services were in chaos.
Corbyn’s Politically Correct Hypocrites Hate Sexism But Approve Of Muslim Sexism
On encountering my insense dislike of the Labour Party, people asume I am a Conservative. WRONG! I have never supported The Conservatives and have never voted either Conservative or Labour in my life. Politicians should never be trusted, I but what sets Labour politicians and activists above the rest in terms of being worthy of only contempt is the hypocrisy.
He’s Not The Messiah, His Name Is Edymandias – Miliband’s slab stunt goes down like a Lead Balloon
Only two days campaigning left before polls open for the 2015 general election. Who will winn? Opinion Poll show no conclusive trends. But inside information tells us the reason conservative Prime Minister David Cameron has a smile on his face as the campaigning draws to a close. Farage is radiant, clegg liooks chirpy, only Ed Milband is down in the dumps.
Were Rotherham Abuse Victimes sacrificed To Save The Labour Party
One of the victimes of Rotherham’s grooming and child abuse gangs has put a political perspective on the scandal by claiming she and other victims were ignored, effectively sacrificed to the tender mercies of the gangs to ensure Labour did not lose votes in the town. The young girls were abused by Muslim men for years on end, but council did nothing to stop the crime.
Miliband Promises Same Old Shite – Not A Word About Action Against Paedophile Sex Gangs
Labour leader Ed Miliband’s keynote speech at the Labour Party conference woyuld have to be the best speech of his life if he hoped to be Prime Minister after next years election, the consensus of opinon said. Ed’s friends and opponents awaited the speech with very different hopes and expectations. in the end as Ed dodged the bg issues, the economy and debt, law and order, immigration and Europe, it was probably his enemies who were happier.
The Left’s Rhetorical Technique Explained
In the first of what might become a long if irregular series of posts with the collective title, “Left Wing Authoritarianism for beginners,” your friend and mentor Little Nicky Nicky Machiavelli will expose the origins of the socialist left’s propaganda technique and its apparent dependence on slogans, dogma and mantras. But first let’s play a little game …
The Hate And Prejudice The Bourgois Left Find Acceptable
The neo – fascist left are quick to jump on any of the forbidden pejudices, racism, sexism, homophobia, islamophobia and so on. But as we have seen, they find pejudice and hated againt Christians and white Europeans quite acceptable. The bourgeois metropitan set might think that is acceptable but where I come from it’s called hypocrisy.
Ve Haff Vay Of Making You Konform. The Tide Is Turning against the Autoritarian Left
The left’s self confidence has had a hint of desperation about it for a long time. From their constant whines about the sexism, racism and homophobia of the working class who happen to be the party’s core constituency to the substitution of smearing UKIP for policies in the european Election this is a party of arrested adolescents throwing a hissy fit because people are laughing at them.
Secret Justice Threatens The Right To A Fair Trial
A move to extend the government’s power to order court proceedings to be held in secret and without a jury from only applying to trials affecting national security to anything the government would rather we did not know about threatens the most basic principles of British justice and the right to a fair trial.
These stupid laws insult the public and threaten free speech