Tuesday 4 June 2019

The great Faragist deceit


Brexit Party and the Faragists know exactly what they're doing when it comes to propaganda. Make as many false-promises to as many people as possible in the hope that they're dumb enough to believe that they'll actually follow through on any of it.

Their position on British Steel is absolutely extraordinary. They've proposed a John Lewis style workers' partnership to save the institution from insolvency, but they also propose reducing UK tariffs on almost all imports to zero, meaning the UK would be absolutely flooded with cheap imports, meaning the inevitable ruination of the British Steel industry, workers' partnership or not.

But besides the fact that their stated aims are mutually contradictory nonsense, it gets even worse. The candidate they're standing in the Peterborough by-election is a guy called Mike Greene who works for a private investment fund called Greybull Capital LLP.

These are the owners who have driven British Steel into insolvency, which is just one of the numerous company collapses they've overseen in recent years.

They were behind the collapse of Monarch Airlines that collapsed owing £500 million to suppliers and creditors, and leaving 110,000 stranded tourists across Europe who needed repatriating at a cost of £60 million to the British taxpayer.

Then there was the subsequent collapse of the spun-off Monarch Aircraft Engineering the following year with the loss of 408 jobs.

Snooker and pool fans will remember the collapse of Rileys in 2012, which was then acquired by Greybull who then flogged off half the chain's sites before ditching the lot in 2014. Rileys was destroyed, but Greybull made a 10% profit on their dealings so hooray for them eh?

They were involved in the Comet buyout before the electrical retailer collapsed into insolvency in 2013 triggering the loss of 7,000 jobs. This bankruptcy resulted in a £25 million loss to the public purse in unpaid VAT.

Then there was the collapse of My Local in 2016 with the loss of 1,200 jobs, with Greene intimately involved in that particular Greybull insolvency.

And now in 2019 we've got Greybull driving British Steel into administration too, with 5,000 jobs at risk, and another 2,000 through supply chains.

And Brexit Party are gleefully fielding one of Greybull's senior figures as their parliamentary candidate in the Peterborough by-election.

And herein lies the great deceit of the Faragists.

They appeal to people's patriotism and pretend that it's the prideful British thing to do to vote for the most militant form of Brexit possible, but then their first candidate ever for parliament is a guy who works for a faceless vulture fund that's driven loads of British businesses into insolvency, destroyed literally thousands of British jobs, and left the UK taxpayer footing the bill time and time again.

They're not pushing a "no deal" Brexit because they think it'll be good for Britain, they're pushing it because they know that they can make vast amounts of money by betting against Britain, the Pound, and British companies as they push the UK economy over an avoidable cliff.

Then they can make even more by flooding their ill-gotten gains back into the UK to buy up £billions in distressed British assets on the cheap in the resulting chaos.

They want to do to Britain what Mike and his Greybull mates have been doing to British companies like Monarch, Rileys, My Local, Comet, and British Steel.


"No deal" Brexit is a deeply unpatriotic national asset stripping strategy being sold to the gullible as the patriotic thing to support, but the fact that the Brexit Party's first ever parliamentary candidate is a key player in the Greybull asset-stripping operation tells you all you need to know.

But then the bookies have Greene and Brexit Party as favourites to win in Peterborough, so none of the opposition parties are being clear enough in highlighting this guy's insolvency-strewn CV.


 Another Angry Voice  is a "Pay As You Feel" website. You can have access to all of my work for free, or you can choose to make a small donation to help me keep writing. The choice is entirely yours.




OR

8 comments:

Anonymous said...

If subsidising the energy sector is creating a monopoly as well as rising prices and loss from the taxpayer, why is subsidising British steel any better? Genuine question.

Geoff atkinson said...

You are writing about the Conservative party, I think you are mixed up maybe

Anonymous said...

He is not of Greybull Capital though, he is a FORMER business partner. #FakeNews

Perhaps spend 2 minutes fact checking before posting in future? Or maybe you prefer to avoid pesky facts to push your agenda?

Gary said...

The attitude of having minimal (WTO) tariffs on EVERY possible product whether it helps or hinders your economy reminds me of Thatcherite policies and attitudes that she put forward in the run up to the '79 election.

Her point of view was that the 'average working man' was "pricing himself out of employment" and thus unions were the reason for the mass unemployment that gripped the country in the late 70s. Of course we saw her 'slash and burn' policies fail dismally when unemployment (using the same way of counting) rise to 3.5 MILLION from 1.5million when she took office, some think the figure may even have been higher but it's hard to say, she changed the way the figures were counted and, in the six month period following that change, she claimed to have reduce unemployment by a staggering ONE MILLION when in fact it had risen.

Brexit will be used by the Tories to enact every wet dream they've ever had. Privatising the NHS, the services and the insurance, making one off deals to sell 'the family silver' in the same way that they did with electric, gas, water and rail. The much mooted ending of the link between NIC and health/pensions too and a reduction of 'tax' by then doing away with NIC. A real boon to the super rich who, not content with an NIC ceiling, won't have to pay it at all but can easily afford a gold standard health insurance policy.

Everything will be for sale and nothing received from the sale will come back to us, the taxpayers. There will be no boon for a non existent NHS, there will be no though of such a thing as 'public services' We'll be buying more expensive nuclear weapons and giving MASSIVE tax cuts to the wealthy and to CT. And, without EU laws to hold them back they will relent to business and cut 'red tape' ie all the safeguards that employees have on employment and safety - like the Working Time directive. Employees will be forced (and yes, I DO mean forced) to work 60 hour weeks. Prior to the directive this happened to many employees, particularly Security Officers. I know of one case where, prior to the minimum wage and Working Time Directive on security officer on a building site had permanent hours of 4.30pm to 8.00am following day Mon to Thurs and then Fri 3.30pm to Mon 8.00am (all through the weekend, no break) for the princely sum of £1 per hour. Yes, that really happened! This was just prior to the min wage legislation which, when it was brought it, caused the employer to sack the man and fail to pay him what he was owed. Our laws on Limited Companies allowed him to walk away from his responsibilities on that too!

We can expect a return to 'traditional values' and by that I mean Victorian era Workhouse values...

Gulliver Foyle said...

So the Peterborough results are in, what do the numbers tell us.

Taking in to account turnout was down on 2017 and Labour at least campaigned on issues other than Brexit, as with the Elections to the EU Parliament a few weeks ago, only 2 parties stood on an unequivocally “No Deal” ticket, The Farage fallen over house party and the rapidly fading into obscurity UKIP. There combined vote was 10201, it would not have defeated Labour but more telling is it represents only 30% of the Peterborough electorate, an electorate that voted 61% leave in 2016. So in a majority Leave constituency only 30% of the electorate thinks it’s such a great idea to catapult the UK over a cliff that they would vote for parties that want to do this.

What will the result do? Assuming most of those switching to the fallen down house party were former Tories it means all those now jockeying to take on the poison chalice will now fall over themselves to promise the hardest of hard Brexits because that’s what politics in the UK means these days, appeasing the irreconcilable minority. It’s almost as if Brexit is now being used as an excuse to do something else isn’t it?

Mr. Magoo said...

Don't read too much into by-election results. The voter turnout is always WAY lower than in a general election.

DR. AZIBA HERBAL CURE HOME said...

JUST READ CAREFULLY
Herbal medicine is best and fast in recovery from any illness, disease or growth.
My name is Priest/ Dr Aziba a Herbal Doctor I am here to help you get cured out of any disease or virus you might be having, no matter how long you have been suffering from that diseases there’s a cure. Herbal medicine is 100% guarantee for any kind of disease with no side effect e:g
HERPES TYPE 1 / HERPES TYPE 2
HEPATITIS A,B,C
CANCER,(COPD)
HIV-AIDS
DIABETES
PENIS ENLARGEMENT
Just write to me below
Contact Me on my Email handle : priestazibasolutioncenter@gmail.com .and also on whatsapp: +2348100368288

DR. AZIBA HERBAL CURE HOME said...

JUST READ CAREFULLY
Herbal medicine is best and fast in recovery from any illness, disease or growth.
My name is Priest/ Dr Aziba a Herbal Doctor I am here to help you get cured out of any disease or virus you might be having, no matter how long you have been suffering from that diseases there’s a cure. Herbal medicine is 100% guarantee for any kind of disease with no side effect e:g
HERPES TYPE 1 / HERPES TYPE 2
HEPATITIS A,B,C
CANCER,(COPD)
HIV-AIDS
DIABETES
PENIS ENLARGEMENT
Just write to me below
Contact Me on my Email handle : priestazibasolutioncenter@gmail.com .and also on whatsapp: +2348100368288