Showing posts with label Energy. Show all posts
Showing posts with label Energy. Show all posts

Saturday, 25 June 2022

Why does Starmer keep insisting that the public are wrong?

Keir Starmer was elected as Labour leader on the back of 10 pledges, which promises party unity, the continuation of Corbynite policies, and a clear cut commitment to communal ownership of vital infrastructure and services like water, rail, and energy.

Starmer knew he couldn't win the Labour leadership without promising these things, because public ownership is not just overwhelmingly popular with the Labour Party members who were voting, they're popular policies across the entire British public.

Polling consistently demonstrates that overwhelming support for renationalisation of the energy sector, the water supply in England, and the railways.

In the two years after his election as Labour leader circumstances have handed Starmer a series of ideal opportunities to promote these overwhelmingly popular renationalisation policies.

Raw Sewage

In 2021 Johnson's Tory rabble triggered a massive public backlash when they voted to allow privatised water companies to keep artificially inflating their profits by dumping vast quantities of raw sewage into our waterways and coastal waters.

Starmer could easily have used this scandal to promote the popular policy of bringing England's privatised mess of water suppliers back under public ownership.

Instead he sent his subordinates out to argue that the profiteers must stay in charge of the water supply, in order to signal that Labour represents no threat to vested capitalist interests.

Energy Crisis

We've all seen the chaos of massively inflated energy bills, soaring energy producer profits, a sequence of energy suppliers going bust, and the government regulator forcing abandoned customers onto much more expensive tariffs.

Starmer could have highlighted the way the French government imposed a 4% cap on energy bill rises onto their publicly owned energy company (EdF), while the Tory government allowed EdF and other energy companies in the UK market to raise bills by an astonishing 54%.

He could have offered the public the renationalisation policies they want, but instead he decided to once again adopt the position that the public are wrong, and that the private profiteers must stay.

And Starmer didn't just spurn the opportunity to promote the energy renationalisation policies that the public want, and that he pledged in his leadership bid, he even publicly bragged that he lied in his leadership campaign, and insisted that he'd lie to people again to win more power!

Rail Strikes

Labour is supposed to be the party of working people (the clue is in the name), but Keir Starmer has decided to oppose the RMT rail strike against below-inflation pay offers and mandatory redundancies.

He's so vehemently opposed to the strikes that his minions are trying to force Labour MPs to apologise for showing solidarity with striking workers!

It's truly absurd to see Starmer's shadow cabinet team insisting that they won't support the strikes because they don't want to "pick a side".


It's capitalist profiteers and a profoundly malicious Tory transport secretary against ordinary low-paid rail workers (not train drivers).

If Labour won't even pick a side in this scenario, what the hell is the point in them.

And then the polling has come out to show that the British public are overwhelmingly on the side of the rail workers, meaning once again Starmer has positioned himself far to the right of public opinion.

Outflanking the public to the right

Despite pledging popular renationalisation policies in his leadership election, Keir Starmer has deliberately placed the Labour Party well to the right of the British public on water, energy, and now rail.

Instead of offering the public what they want, Starmer is siding with the capitalist profiteers and insisting that the public are wrong to want things to just be a bit better and fairer for British consumers and British workers.

Starmer's dedicated to the protection of vested capitalist interests, so he's going to keep Labour positioned well to the right of public opinion; offer a bland and uninspiring "more of the same" policy platform; and hope that he can win the next election purely by not being quite as repulsive and divisive as Johnson.

It looks a lot like a deliberate attempt to replay Ed Miliband's catastrophically uninspiring 2015 Tory-lite election campaign, in which Labour decided to pathetically imitate Tory austerity ruination, rather than opposing it and pledging to invest for the future instead.

It seems an absurdly inexplicable strategy to repeatedly chide the public that they're wrong to want things to be a bit better, and then expect them to vote for you regardless.

Unless of course Starmer considers the protection of capitalist profiteering to be so important that he'd risk driving millions of traditional Labour voters away, and throwing an election over it.

And if that's the case, what the hell is this absurd person doing as leader of the Labour Party?



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Wednesday, 16 February 2022

Kwasi Kwartang's brazen nuclear energy deceptions



Tory Energy Minister Kwasi Kwartang has released a short Twitter video boasting about the Tory government's nuclear energy policies.

The problem of course is that it's every bit as honest as you'd expect from a government led by the most notorious liar in British politics.

Kwartang's description of the government's nuclear energy policy states that it will deliver "clean, affordable power generated in the UK, for the UK". 

Every single word of this is either deceptive, or a downright lie.

Clean

The idea that nuclear power is "clean" is an absolute fairy story. In reality Finland is the only country in the world preparing permanent safe storage for all of their nuclear waste. Britain's nuclear waste storage is an absolute shambles. For decades we just lobbed it in landfill, buried it in trenches, threw it down a well at Dounreay, and even set ourselves up as the nuclear dustbin of the world, importing nuclear waste from as far afield as Japan.

Most of Britain's nuclear waste is stored at the Low Level Waste Repository near Drigg in Cumbria. This enormous 270 acre site contains one million tons of nuclear waste, in temporary storage, and it's at risk of coastal erosion and flooding!

Amazingly this huge nuclear dumping ground is being run as a private profit-making company, but when it needs clearing up, there's absolutely no doubt that it will be paid for out of public funds.

Around 75% of the most radioactive waste in the UK is in temporary storage at Sellafield. The most recent cost estimate (2015) for cleaning up the radioactive dumping ground there is an astonishing £117 billion.

Anyone claiming nuclear energy in the UK is "clean", when we don't even have a single permanent nuclear waste storage facility is quite simply lying through their teeth.

Generated in the UK

One of the main boasts in Kwartang's little clip is about the construction of the Hinkley Point C reactor, which will admittedly be geographically located within the UK.

But what Kwartang deliberately omits to mention is the fact the the UK government has bribed the French government (in the guise of EDF) and the Chinese government (CGN) to build it for us.

The reason Britain can't build its own new nuclear infrastructure is that the Tory government privatised away our nuclear expertise, with Britain's entire fleet of nuclear power stations eventually falling into the hands of the French government (EDF).

Have you ever been informed by the BBC or by corporate media about the fact Britain handed control of its entire fleet of nuclear power plants to the French government?

Maybe ask yourself why the majority of the UK population have been kept in the dark about this utterly extraordinary situation.

Affordable

The only way the Tory government could get the governments of France and China to build them a new reactor at Hinkley Point C was to bribe them into doing it by promising to pay them double the market rate for electricity for 35 years

The National Audit Office have estimated that the terms of this deal mean that UK energy customers will end up paying an astonishing £50 billion above the natural market rate.

£50 billion siphoned out of the pockets of UK energy consumers, by the state-run energy companies of France and China, and this deceptive Tory piss-taker is telling us how "affordable" it's going to be!

For the UK

The idea that energy generated in the UK is exclusively "for the UK" is another deception. 

In the case of natural gas, exports out of the UK have doubled during the energy crisis, because the profiteering private companies operating our energy sector are driven exclusively by the profit motive, not by any desire to maintain the energy security of whichever nation they're operating in.

The only reason the French and Chinese governments would definitely be selling their electricity to the UK, is that the UK is the only country on earth stupid enough to promise to pay them double the market rate for 35 years.

If the UK government seriously wanted to secure the nation's energy supply, they'd take the sector out of the hands of the private profiteers and foreign governments it's fallen into since privatisation, and operate it as a not-for-profit publicly owned business, run for the good of the British people and the British economy.

Only a fool would think that promising to pay the governments of France and China double the market price for electricity was a good idea, and something to boast about. And only a downright liar would try to pretend that it represents a strengthening of the nation's energy security!

Conclusion

The inescapable conclusion is that Kwasi Kwartang is a profoundly deceptive character, who either doesn't understand the first thing about his ministerial role, or is lying through his teeth.

But it's more sinister than just one Tory minister churning out deceptions. The whole department is rotten to the core. 

It's beyond doubt that energy privatisation has been an absolute disaster for the UK, but instead of bringing it back under public ownership, they're bribing the French and Chinese governments to build our energy infrastructure for us, and then dressing this absurd nonsense up as if it represents some wonderful safeguarding of Britain's energy security.

Anyone in the Department of Business, Energy and Industrial Strategy with even the slightest clue what's actually going on knows perfectly well that it's a pack of deceptions and lies.

And any BBC/corporate media journalist who pays the slightest attention can see what a shambles it is too, and how deceptive Kwartang's being.

But there's a code of silence, so nobody speaks out.



 Another Angry Voice  is a "Pay As You Feel" website. Access to my online writing will always remain free. If you see some value in what I do, please consider supporting my work with a small donation/subscription.



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Sunday, 6 February 2022

Rishi Sunak the loan shark


Tory Chancellor Rishi Sunak has announced an insultingly inadequate policy of offsetting soaring energy bills with paltry but mandatory £200 mini-loans for all domestic energy consumers, which then has to be paid back in instalments over the next five years.

The £200 will be automatically discounted from all household energy bills, whether customers want to be drawn into energy-debt or not, then Sunak's five £40 annual repayments will be added onto all energy bills, regardless of whether the bill-payer actually received the £200 discount or not!

Let's consider how this policy will work for students, people working their way out of poverty, people who get a home of their own after a period of homelessness, or couples who separate/divorce over the next five years, which obviously amounts to a very significant number of people.

Imagine a multi-occupancy house, with say five adults. They can be students in the final year of university, or people trying to work their way out of poverty by house-sharing to save rent.

The household receives a single £200 energy bill discount between the five individuals, but then the household splits up and the individuals get houses of their own (the students graduate, the workers go their separate ways).

One household with one energy bill becomes five households with five energy bills, mandating five sets of five £40 annual "repayments".

A £200 loan ends up requiring up to £1,000 in repayments is the kind of exploitation you'd expect from payday lenders and loan sharks.

Separating/divorcing couples will also be forced to repay up to double what they initially received when they were living together.

As for the recently homeless (street-sleepers, squatters, couch-surfers, hostel-dwellers) who find themselves a home of their own in the next few years, they'll be forced to make years of repayments on loans they never even received a penny of!

When it comes to people who are lucky enough to be living in comfortable housing situations for the foreseeable future, Sunak's misleadingly named "rebate" is just an ineffective and insulting 'sticking plaster on a severed limb' solution.

But when it comes to people in multiple occupancy homes, the working-poor, separating couples, people escaping the horror of homelessness, and others in insecure housing situations, Sunak's strategy is pure daylight robbery.

Of course Sunak and his millionaire Tory chums don't give a damn about the young, the working poor, the recently-homeless, or others in insecure housing situations, and when they devised this crackpot policy, they probably didn't even consider the implications for people they perceive to be lower than scum.

But neither do most of the over-privileged UK media commentariat, who, let's remember worked tirelessly to keep these malicious and economically illiterate Tories in power (because they were so utterly horrified at Corbyn's proposal that the wealthiest minority like them should pay a bit more tax, so life could be a bit fairer for the rest of us).

Of course the £billionaire-bankrolled Tories are going to keep legislating against the interests of the young, the poor, and the marginalised, and of course most of the over-privileged commentariat aren't going to hold these vile and vindictive Tories to account for it, because the majority of them are simply far too concerned with promoting their own class interests, to bother about those of us getting trampled and exploited at the bottom.




Don't forget to check out my other article detailing loads of other problems with Sunak's mandatory energy bill mini-loans.
 
 Another Angry Voice  is a "Pay As You Feel" website. Access to my online writing will always remain free. If you see some value in what I do, please consider supporting my work with a small donation/subscription.



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Friday, 4 February 2022

Seven reasons Rishi Sunak's energy bill mini-loan policy is an insulting joke


Tory Chancellor Rishi Sunak has announced that the energy price cap is going to rise by an astonishing 54%, meaning a £694 hike in the energy bills of ordinary households.

In order to pretend that he's doing something to help, he's announced that energy consumers will be automatically enrolled in £200 mini-loans, which will be subtracted from their inflated bills, but then be paid back in £40 energy bill additions over the next five years.

In this article I'm going to briefly explain why Sunak's absurd energy bill mini-loans are dishonest, inadequate, over-optimistic, complacent, ineffective, economically illiterate, and driven by hard-right capitalist ideology.

1. Dishonest 

Sunak's mini-loans are being presented as a "rebate". This is astonishingly dishonest because rebates (like the massive UK rebate on EU membership fees before the big flounce) are discounts that do not have to be paid back at a future date.

If it has to be paid back at a future date, like Sunak's deluded nonsense, then it's not a rebate at all, it's a loan.

So when the Chancellor of the Exchequer; and a load of Tory MPs; and Britain's woefully biased media hacks keep describing these loans as "rebates", they're being profoundly dishonest.

2. Inadequate

You don't have to be any kind of maths genius to figure out that a £200 loan is insufficient to cover a £694 price hike.

3. Over-optimistic 

Sunak's decision to force a "borrow now, pay later" strategy on all UK energy consumers relies on the very big assumption that energy prices will quickly fall back to lower levels by next year.

But what happens if they don't fall back, and remain high, or even continue inflating even further?

The answer of course is that UK energy consumers would then be facing sky-high energy bills, with repayments on Sunak's mandatory loans piled on the top.

4. Complacent 

Sunak's complacency is obvious if you just care to look at what other European nations are doing in the face of inflating energy prices.

The left-leaning Spanish government have temporarily scrapped energy taxes, banned energy suppliers from cutting off non-paying customers, and introduced windfall taxes on energy company profits.

Meanwhile in France the liberal-capitalist Macron government have imposed energy windfall taxes and limited energy bill rises to 4%.

If the Spanish or French governments had allowed prices to soar by 54% and offered anything as pathetically inadequate as Sunak's mini-loans, there'd be massive public protests, especially in France.

But Sunak complacently expects the British public to just quietly suck it up like good, obedient little plebs.

5. Ineffective

Sunak's shoddy little mini-loans are a spectacularly ineffective sticking plaster on a severed limb sized economic problem.

What's needed is serious consumer protections, and urgent reforms to the UK's absolute shambles of an energy sector.

Here are a few ideas:
  • The Energy Price cap should only have only been increased at the rate of inflation, if at all.
  • There should be new legislation to protect non-paying customers from being cut off.
  • Windfall taxes to be levied on the obscene profits of private energy companies.
  • Energy suppliers that go bust should be renationalised.
  • Energy infrastructure should be brought back under public ownership in order to put the energy needs of the nation above the profit-seeking behaviour of private businesses.
  • The government should implement a Green New Deal to speed up adoption of renewable energy, in order to end the UK's dangerous over-reliance on expensive imported gas.
But instead of any real action to combat the current crisis, or to protect the UKs energy security in the future, all we get is Sunak's insultingly inadequate energy bill mini-loans.

6. Economically illiterate

Anyone who has ever run a business will know that there's absolutely nothing wrong with taking out loans in order to make investments, in things like property, machinery, or training. 

But if you're taking out loans to cover the cost of your day-to-day expenses, like payroll, materials, or bills, then you're in really serious trouble and veering towards insolvency.

Rishi Sunak is so economically illiterate that he thinks that loans to cover expenses are such a good idea that he's going to forcibly sign every energy customer in the UK up to them!

Surely now it's time to turn the persistent myth of Tory economic competence into the joke it should have been ever since they started enforcing their ludicrous and economically illiterate "let's cut our way to prosperity" austerity ruination agenda in 2010?

7. Ideological

Sunak is allowing profiteering energy companies to keep their unearned gains, while insulting the British public with the fake-help of these ludicrously inadequate mini-loans.

His decision to protect capitalist interests while throwing insulting crumbs at the public in order to pretend he's helping is a product of his hard-right capitalist ideology.

The entire purpose of the modern day Tory party is to prioritise the interests of capital above what's best for the British people and the British economy.

Just look at who bankrolls the Tory party operation, and look at all the multi-millionaires in Johnson's cabinet of hard-right ghouls, topped by Sunak himself.

You'd have to be hopelessly naive to expect the Tories not to side with capital, and against ordinary British people, which is why some of us have been consistent in our advice to "Never Trust a Tory".

Conclusion

Sunak's energy bill mini-loans are clearly dishonest, inadequate, over-optimistic, complacent, ineffective, economically illiterate, and driven by hard-right capitalist ideology.

But the Tories firmly believe they can get away with offering nothing but this insultingly inadequate fake-help in the midst of the worst living standards collapse in decades.

After all, the British public have let the Tories get away with an entire decade of economically illiterate austerity ruination, so why on earth would they suddenly rise up and demand change over soaring energy bills and Sunak's woefully inadequate insult of a response?

 
 Another Angry Voice  is a "Pay As You Feel" website. Access to my online writing will always remain free. If you see some value in what I do, please consider supporting my work with a small donation/subscription.



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Friday, 24 September 2021

The collapse of Avro Energy and the absolute scam that is energy sector privatisation



So far in September seven energy suppliers have already gone bust, and the industry is warning that the energy crisis could reduce the remaining field from 53 to an oligopoly of just 10 gigantic "too big to fail" energy supply behemoths.

In this article I'm going to take a look at one of the companies which collapsed into insolvency this month; Avro Energy.

Avro Energy is the biggest energy supply company to have collapsed so far, with 580,000 customers, which represented a significant 2% market share.

The company had been registered at a small business unit on Eliot Business Park in Nuneaton and run by a father and son team Jake and Andrew Brown.

The much-repeated origin myth for the company is that Jake Brown had to give up a promising career as a footballer due to injury, so he decided to found a massive energy supply company with a turnover of hundreds of millions of pounds, like you do.

Avro Energy managed to undercut other players in the energy market, which won them a coveted U-Switch recommendation in 2018. This U-Switch endorsement resulted in an astounding 144% increase in customers in the space of a single financial year, a fact that the company bragged about in its most recently filed accounts before they went insolvent.

Avro Energy's most recent accounts showed a turnover of almost £390 million, and they certainly make interesting reading (especially page 21).

The company provided a whopping £830,000 in unsecured loans to a construction company called Berkeley Swiss Ltd, which is registered at a small unit on Eliot Business Park in Nuneaton by a father and son team called Jake and Andrew Brown!

Another interesting payment in their most recent accounts is a £2.25 million management fee to a company called Sendito Marketing, which is registered at the same unit, on the same business park, and run by the same father and son team!

A look at the accounts for Sendito Marketing at the time of the £2.25 million management fee show that it only had tangible assets of £111, and just three employees, two of them being the directors Jake and Andrew Brown.

It makes you wonder what kind of management service could be provided by a company with just three employees and assets worth £111, that's worth £2.25 million doesn't it?

So what was it that Jake and Andrew Brown were doing that warranted a billing their own company for over two million quid?

More recent accounts for Sendito Marketing show that it's reduced its workforce to 0 the following year, and that the directors have been using it as a kind of personal slush fund, with hundreds of thousands of pounds worth of advances and repayments between the empty shell company and its two directors.

I'm no corporate accountant, so I can't tell you if any of this is unlawful, but there's no doubt whatever that it's dodgy as hell for directors to transfer literally £millions out of their own company in unsecured loans and mysterious "management fees" to other companies which they also own.

Who knows how many millions the Browns extracted from Avro Energy through the years, in bloated executive salaries, shareholder dividends, dodgy unsecured loans, and even dodgier "management fees"?

All we can say for sure is that this massive scale of wealth-extraction was enabled by the ideological madness of energy sector privatisation.

Lack of scrutiny

It's only since this company went bust that anyone in the corporate media has paid the slightest attention to the dodgy financial arrangements of the Avro Energy directors.

Up until just months ago, pretty much everything that was written about them outside of specialised energy market journals looked more like a corporate puff piece than any kind of real journalism. The heart-warming origin story, the relentless rise, the amazing entrepreneurship, the value for money ...

Did U-Switch do any kind of investigation into exactly how Avro Energy prices were so low before they convinced hundreds of thousands of people to switch over to them?

How on earth was the U-Switch website still recommending Avro Energy as a Five Star company, and exceptional value for money, right up until the moment the company went insolvent?

What were the energy market regulator Ofgem doing when the directors of this company were transferring literally £millions out of it, into a network of other companies that they owned?

Presumably it's standard practice for energy market companies with hundreds of thousands of customers and hundreds of £millions in turnover to be registered at a tiny industrial unit that's somehow home to 81 other companies, including several that are owned by the same directors?

Did the local Tory government bother to do any due diligence before they ran a blatant puff piece like this about these energy sector profiteers?

Privatisation

The majority of British people believe that the energy sector should be run as a publicly owned not-for-profit public service, but the politicians in Westminster prefer to leave it in the hands of private sector profiteers, and there are clearly very few rules governing the conduct of private operators in the shambolic privatised free-for-all that is the UK energy market.

It's not just that the energy supplies of literally hundreds of thousands of people have fallen into the hands of unscrupulous operators like the Browns, it's the deliberate running down of the nation's energy infrastructure because it's more profitable for the private owners to neglect it and then shut it down, than it is to keep it properly maintained.

And then there's the way that the governments of foreign states like France and China have come in and bought out £billions worth of privatised UK energy assets.

The Conservatives conducted the mass sell-off of British energy infrastructure by assuring the British people that the private sector would run things better than the British state, but then they've done nothing when France and China have come along to take control of these British energy assets for themselves!

The depraved mentality in Westminster politics is that the British state is incapable of running vital energy infrastructure for the benefit of the British people, but that the governments of France and China should be allowed to run it, in order to extract wealth out of British consumers to fund improvements to their own energy infrastructure overseas!

It's a bizarre self-hating ideology that borders on treason, but the Westminster establishment class are so strongly committed to it, and so vehemently opposed to proper public ownership, that they savagely hounded Jeremy Corbyn out of frontline politics for daring to offer the British public renationalisation.
  • It makes absolute economic sense to run energy and other vital national resources as public not-for-profit public services, rather than letting a chaotic mix of private profiteers and foreign governments run our energy infrastructure as a wealth extraction scam on British energy users.
  • Running the energy sector as a national enterprise would help to prevent dodgy private profiteers like the Browns from using it as their own personal cash machine.

 Another Angry Voice  is a "Pay As You Feel" website. Access to my online writing will always remain free. If you see some value in what I do, please consider supporting my work with a small donation/subscription.



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Monday, 9 December 2019

Are you an economic traitor?


Nobody likes to think of themselves as a traitor, but unfortunately many people are tricked into doing treasonous things.

I mean it's obvious isn't it? If someone wants people to act against the interests of their own community, region or nation they obviously need to trick them into doing it don't they?

Hardly anyone is going to commit treason willingly are they?


So in order to sell people treason, a grand deception needs to be constructed to make members of the public imagine that they're doing the right thing, when in reality they've been tricked into terribly betraying themselves and their own people.

Additionally the party that is attempting to get people to act against their own national interest is likely to focus heavily on attacking the reputation of anyone who opposes them. And what better strategy than to reverse reality and accuse their opponent of the very thing they themselves are guilty of?

The people selling you treason aren't going to come at you with a glossy prospectus with the word "treason" emblazoned on the cover. They're going to come at you wrapped in the flag, and constantly questioning the patriotism of anyone who stands in the way of their objective of tricking you into supporting their treasonous agenda.

This is the situation now. In Britain. In 2019.

The treason has been going on now for almost four decades and it's often wrapped up in slick sounding words and phrases like "globalisation", "privatisation""free trade" and "foreign investment", but when you boil it down, it's blatant economic treason.

The groundwork for this economic treason was laid during the Tory privatisation mania of 1979-1997, when huge chunks of national infrastructure were sold off on the cheap, or simply given away for free, to the mega-rich.

The objective of course was to transfer ownership of the most prized parts of the UK economy to private individuals, who could then gorge themselves on the wealth they extracted from the British public.

In 1989 the water supply was privatised, in 1990 the National Grid was broken up and privatised, in 1994 the rail network was privatised, in 1995 Britain's nuclear energy infrastructure was privatised.

All of this stuff that was built up and maintained by the British taxpayer was hastily flogged off on the cheap, leaving the British public no longer stakeholders, but customers to be milked as hard as possible in order to maximise the private profits.

Many of the investors who ended up with chunks of public property were themselves treasonous individuals who used complex tax-dodging schemes to extract the wealth they were milking from the British public into offshore tax havens like Panama.

David Cameron's father was one of the people who made a pretty packet. Not directly from the infrastructure the Tory government were handing out, but by helping the private owners to siphon their profits overseas in order to avoid making a contribution to British society by paying their fair share of tax.


The rate of sell-offs declined significantly between 1997 and 2010 under the Blair-Brown government, but they did nothing to reverse the damage; they continued selling off bits and pieces like Air Traffic Control and the HMRC property portfolio; and they introduced PFI economic alchemy schemes to lumber the cost of current infrastructure spending onto future generations.

One important thing did happen during the Blair-Brown era that set the tone for what was to come. In 2008 the British nuclear power stations that were flogged off in 1995 were brought up by EdF, which is just a front for the French government.

It turned out that the private investors who gobbled up our nuclear industry in 1995 had so little loyalty to Britain that they literally handed the whole lot over to France when they realised it was more profitable to offload it to a foreign government than it would have been to keep running it themselves.

In 2010, when the Tories sneaked back into power (with the help of the Orange Book Liberal Democrats), the rate of sell-offs and giveaways skyrocketed again. They flogged off the Royal Mail at way below market value, they privatised the police forensic science service, they privatised literally thousands of the schools that our kids study at, they privatised the universities, and the Government Pipeline and Storage Systems (the underground aviation fuel distribution network that was created during WWII).

By this time huge chunks of former national industries were falling into the hands of foreign governments.

The Chinese and Qatari governments were particularly keen to get their hands on what used to be our nationally owned infrastructure. China bagged a huge stake in Thames Water in 2012, they teamed up with Qatar to win a major stake in the National Grid in 2016, and in 2017 the Tory Transport Minister Chris Grayling handed the Soutwestern rail franchise over to the Hong Kong government with barely a murmur of protest (apart from in a few left-wing blogs).


One of the most shocking things of all was the sell-off of the Government Pipeline and Storage Systems. This time the Tory government didn't sell it to private investors who then sold it on to foreign governments a few years down the line.

No. In this case the Tories cut out the middle-man and transferred ownership direct from the British public to the foreign governments of Oman and the United Arab Emirates who own significant chunks of the nominally Spanish company it was flogged off to.


When they flogged off our aviation fuel distribution network to the governments of Oman and the United Arab Emirates, the Tory party committed direct economic treason.

They decided that our aviation fuel network was better being run for the benefit of the governments of Oman and the UAE than being run by the British government, for the benefit of the British people, and the British economy.

And the most bizarre thing of all? They sold it off for just £82 million, then immediately signed a ten year lease to hire it back at the cost of £237 million!

Grean news for the governments of Oman and the United Arab Emirates, terrible news for the British public finances.


Boris Johnson keeps wrapping himself up in the Brexit banner and poses as if he's a patriot who loves Britain, but he was part of the government that handed our vital national infrastructure directly to foreign governments, and he's planning to carry on too.

In March 2017 then-Prime Minister Therese May grovelled before the Qataris to beg them to buy up even more of our infrastructure.

Qatar is a country that is so dodgy they've even been accused of supporting terrorism by Saudi Arabia (the global epicentre of Wahabi Islamist fanaticism), but Johnson's predecessor Theresa May actually begged them to come and buy even more of our national silver that the Tories are intent on flogging off.


You might think nothing can be done to stop this Tory treason because "aren't all political parties more-or-less the same?"

Well you'd be wrong to think that.

Jeremy Corbyn is an anti-establishment outsider who has managed to wrest the Labour Party out of establishment control, and he wants to break up this decades long Westminster obsession with globalisation and privatisation.

Corbyn is planning to repatriate some of the most vital public infrastructure. 


Our rail franchises are now 74% operated by foreign governments. Jeremy Corbyn wants to renationalise them and run them for the benefit of the British people.

Corbyn also wants to take the national grid back from the Chinese and Qatari governments and run it for the British people.

And he wants to nationalise the water companies too, putting an end to Chinese government control over our water supplies.

The choice is a stark one. You can either believe the right-wing campaign of smears against Jeremy Corbyn and allow the Tories to con you into supporting their economically treasonous strategy of flogging our national infrastructure and services off to foreign governments ...

Or you can look past the barrage of propaganda from the economic traitors themselves, and their mainstream media bully boys who shill for the billionaire-owned newspapers, look at Jeremy Corbyn's actual policies, and understand that he's actually the patriotic one.

Jeremy Corbyn is the one who is saying that Britain is strong enough and wealthy enough to run our own infrastructure and services.

While the Tories are saying that we're so weak and broke that we have to continue flogging our national infrastructure off to China, Qatar, Oman, the UAE, or whoever else wants a slice, because in the warped Tory mind, foreign governments are so much more capable of running our infrastructure and services than our own country is!


Make no mistake about it. If you swallow the relentless Tory campaign of anti-Corbyn smears and vote the Tories into power again, you'll be committing an act of economic treason.

And what's worse is that you'll not be doing it because you've been duped into it, because you've read this article now, and you've had the grand deception pulled apart in front of your eyes.

If you vote Tory after reading this article, you'll be committing an act of economic treason in the full knowledge of what you're doing. Which is infinitely worse than doing it because you don't know any better than to be tricked by Boris Johnson's deceptive charade of fake patriotism.

If you vote Tory after reading this you'll be committing economic treason willingly and in full knowledge of what you're doing.

Don't vote Tory.



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