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Borrowing pal. Government can still borrow at low rates -much lower than the private sector. The profits from the companies under public ownership would then pay for the extra debt. All this, of course, assumes that government can manage these utilities efficiently.
Do you really think lenders are going to lend money to a Government that A. has a far left leaning government and B. to that government that has is stealing assets back from the owners, some of whom may already have interests in them

At present we have a fairly good credit rating, but watch the money pour out as soon as we get a sniff of that lot coming in.

Edited by OldNick
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Do you really think lenders are going to lend money to a Government that A. has a far left leaning government and B. to that government that has is stealing assets back from the owners, some of whom may already have interests in them

At present we have a fairly good credit rating, but watch the money pour out as soon as we get a sniff of that lot coming in.

 

Who knows. Government can still issue debt at very low rates and there are good structural reasons for this. Many think these forces will persist, and some may even build further. See https://www.ijcb.org/journal/ijcb17q3a1.pdfWould a radical labour government scare investors? Possibly yes; but enough to trump these wider forces? Unlikely.

 

Stealing is a loaded term: it depends on what terms private investors are compensated: whether it’s below or at full market value (if it’s the latter that would probably include a takeover premium, bumping up the cost to the taxpayer). Note not every nationalisation would require the government to pay off private investors: in the case of the train operating companies, which operate passenger services, government could just wait for franchises to lapse.

 

Frankly financing isn’t not insurmountable: a more pressing issue is whether publicly owned companies can deliver services efficiently as the private sector. The evidence here is mixed, confounding both defenders of public and private ownership.

Edited by shurlock
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Borrowing pal. Government can still borrow at low rates -much lower than the private sector. The profits from the companies under public ownership would then pay for the extra debt. All this, of course, assumes that government can manage these utilities efficiently.

 

So that's a no then. I like how they think it will be simple to "buy" back these companies. Think old Jezza mustve been playing Monopoly.

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Would a radical labour government scare investors? Possibly yes; but enough to trump these wider forces? Unlikely.

 

Assuming an economy shaped by the 2017 Labour manifesto, we'd have the same private/public mix, approximately, as Canada, and far more private than public compared with Sweden or Denmark, for example.

 

So in principle, nothing seems undoable. But...it's Jeremy fu cking Corbyn, and that name alone is an anagram for 'run on the pound'.

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... But...it's Jeremy fu cking Corbyn, and that name alone is an anagram for 'run on the pound'.

 

Nope, the anagram for that is John McDonnell.

 

Corbyn doesn't particularly scare those in finance but they do worry about him, however McDonnell ever becoming Chancellor of the Exchequer would be catastrophic and run on the pound and collapse of the FTSE would be immense.

 

In a perverse way I'm happy for him to be the shadow CotE, as long as he has that position "big business" will always not support Labour.

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Nope, the anagram for that is John McDonnell.

 

Corbyn doesn't particularly scare those in finance but they do worry about him, however McDonnell ever becoming Chancellor of the Exchequer would be catastrophic and run on the pound and collapse of the FTSE would be immense.

 

In a perverse way I'm happy for him to be the shadow CotE, as long as he has that position "big business" will always not support Labour.

 

The fact that big business doesn’t like him is part of his appeal. What does big business do for you?

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Nope, the anagram for that is John McDonnell.

 

Corbyn doesn't particularly scare those in finance but they do worry about him, however McDonnell ever becoming Chancellor of the Exchequer would be catastrophic and run on the pound and collapse of the FTSE would be immense.

 

In a perverse way I'm happy for him to be the shadow CotE, as long as he has that position "big business" will always not support Labour.

 

If the choice was a no deal Brexit and the Tories or staying in and Labour for five years big business would opt for Labour. You cant actually make that much change in one term anyhow, its not enough time to formulate a policy, consult, publish green papers and white papers, get the legislation through Parliament then implement it.

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If the choice was a no deal Brexit and the Tories or staying in and Labour for five years big business would opt for Labour. You cant actually make that much change in one term anyhow, its not enough time to formulate a policy, consult, publish green papers and white papers, get the legislation through Parliament then implement it.

 

Not a chance. Free trade with the world (with an apparent *fear* story of worsening worker rights) or socialist / commy dreamland with unions running companies and sky high tax rates. And sod the companies, I never want to see that lot in power.

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If the choice was a no deal Brexit and the Tories or staying in and Labour for five years big business would opt for Labour.

 

Like hell would they, they'd be setting up shell companies / working out tax avoidance arrangements / getting out of UK liabilities as soon as they could.

 

This isn't a centrist soft Labour like under Blair / Brown / Darling, this would be hard left full on South American stylee socialism if McDonnell had his way.

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:lol::lol: Who said satire is dead?

 

You having an Jihadist's exotic spesm there Lord T? Better get that seen to by a specialist (although check the surname first).

 

And talking of Jihadists, here's how to destroy one in two easy Twitter threads:

 

https://twitter.com/i/moments/1044617621054922753

 

https://twitter.com/Jim_Cornelius/status/1044323498754215941

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Who knows. Government can still issue debt at very low rates and there are good structural reasons for this. Many think these forces will persist, and some may even build further. See https://www.ijcb.org/journal/ijcb17q3a1.pdfWould a radical labour government scare investors? Possibly yes; but enough to trump these wider forces? Unlikely.

 

Stealing is a loaded term: it depends on what terms private investors are compensated: whether it’s below or at full market value (if it’s the latter that would probably include a takeover premium, bumping up the cost to the taxpayer). Note not every nationalisation would require the government to pay off private investors: in the case of the train operating companies, which operate passenger services, government could just wait for franchises to lapse.

 

Frankly financing isn’t not insurmountable: a more pressing issue is whether publicly owned companies can deliver services efficiently as the private sector. The evidence here is mixed, confounding both defenders of public and private ownership.

If you really believe that with a far left government we could borrow money at a sensible rate. As soon as he got in the credit ratings agencies would drop our A rating and so all our borrowing would go up. We already have so much debt its crippling, hence austerity.

I dont know how old you are but if you can recall the days when such things were nationalised then you might think differently. It was a complete mess, as all things there was a lack of investment and the government just couldn't fund it. The small profits in real terms that the rail franchises get is nothing in real trms if that was channelled into trying to improve the railways

 

 

Read this little snippet yesterday

The Labour leader is set to unveil a pledge to create 400,000 skilled jobs by building thousands more wind turbines, insulating millions of homes – and installing a solar panel on every roof in the UK

Yep more spending that would cost untold millions/billions, adding nothing to the economy except more imports, add to that I own a Grade 2 listed home, It will look lovely with its array of solar panels on the roof. Destroying our beautiful villages with those monstrosities. Typical toadying policies to the left at the party conference.

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If you really believe that with a far left government we could borrow money at a sensible rate. As soon as he got in the credit ratings agencies would drop our A rating and so all our borrowing would go up. We already have so much debt its crippling, hence austerity.

I dont know how old you are but if you can recall the days when such things were nationalised then you might think differently. It was a complete mess, as all things there was a lack of investment and the government just couldn't fund it. The small profits in real terms that the rail franchises get is nothing in real trms if that was channelled into trying to improve the railways

 

 

Read this little snippet yesterday

The Labour leader is set to unveil a pledge to create 400,000 skilled jobs by building thousands more wind turbines, insulating millions of homes – and installing a solar panel on every roof in the UK

Yep more spending that would cost untold millions/billions, adding nothing to the economy except more imports, add to that I own a Grade 2 listed home, It will look lovely with its array of solar panels on the roof. Destroying our beautiful villages with those monstrosities. Typical toadying policies to the left at the party conference.

 

Define sensible. Where did I say nationalisation was an unmixed blessing?

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Les - did your therapist advise you to stay away from the Brexit thread?

 

Oh, is this the Brexit thread? I thought it was the one about the hapless and gormless leader of the so called opposition. My therapist allows me the occasional foray in here to mock him. How is yours managing with your various complexes?

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This anti-semitism thing is getting extremely boring now - I'm not a Corbyn fan and I think his very existence of leader of the opposition has been extremely bad for this country, and politics in general - but this constant barrage from the media and Labour rebels is just nauseatingly tedious.

 

It is a shame you find it boring however for the Jewish community it is a major issue. My partner is Jewish and the genuine discussion within the Jewish community is will we need to sell up and leave if Labour get elected. There is lots of evidence of anti semitism within the Labour party and genuine fear by the Jewish community. Try living with this level of uncertainty and whether it will be safe to stay in the UK if Labour get elected. Consider the uncertainty on your family, home, job business etc. If your not part of the community I doubt you will understand how people feel.

Irrespective of the broader political debate how anyone can consider voting for an openly racist party is beyond me.

 

Too many people and labour supporters are dismissive of the anti semitism issue. Perhaps they should put themselves in the position of the Jewish community who have to suffer it and live with it on a daily basis.

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It is a shame you find it boring however for the Jewish community it is a major issue. My partner is Jewish and the genuine discussion within the Jewish community is will we need to sell up and leave if Labour get elected. There is lots of evidence of anti semitism within the Labour party and genuine fear by the Jewish community. Try living with this level of uncertainty and whether it will be safe to stay in the UK if Labour get elected. Consider the uncertainty on your family, home, job business etc. If your not part of the community I doubt you will understand how people feel.

Irrespective of the broader political debate how anyone can consider voting for an openly racist party is beyond me.

 

Too many people and labour supporters are dismissive of the anti semitism issue. Perhaps they should put themselves in the position of the Jewish community who have to suffer it and live with it on a daily basis.

 

Let’s call out antisemitism where it exists and flourishes but also keep some (historical) perspective ffs.

Edited by shurlock
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Let’s call out antisemitism where it exists and flourishes but also keep some (historical) perspective ffs.
Yeah I have to agree with that. There's some concerning things coming from Labour and the anti semitism thing was handled appalingly, but let's not pretend we are living in some sort of nazi Germany type country. No Jews will have to leave the country if corbyn gets in, even though a lot of people may want to leave anyway once he tanks the economy...
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I am afraid the Jewish community views things very differently. They have a different perspective I am surprised you just dismiss the level of antisemitism within the Labour party. I think it is hard for Labour voters to accept the threat of racism and the dangerous antisemitism threat that exists within their party. The attached article gives an insight to the issues being discussed.

 

http://www.melaniephillips.com/time-leave-question-jews-britain-europe/

 

Whenever the next election takes place if Labour win the future of the Jewish community in the UK will be discussed in many Jewish homes and options considered. My in-laws have already made the decision to leave and are now in Spain.

Clearly some will stay but some will leave if the institutional antisemitism within the Labour party is not dealt with. I personally think that Momentum and Corbyn will not change their position.

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I am afraid the Jewish community views things very differently. They have a different perspective I am surprised you just dismiss the level of antisemitism within the Labour party. I think it is hard for Labour voters to accept the threat of racism and the dangerous antisemitism threat that exists within their party. The attached article gives an insight to the issues being discussed.

 

http://www.melaniephillips.com/time-leave-question-jews-britain-europe/

 

Whenever the next election takes place if Labour win the future of the Jewish community in the UK will be discussed in many Jewish homes and options considered. My in-laws have already made the decision to leave and are now in Spain.

Clearly some will stay but some will leave if the institutional antisemitism within the Labour party is not dealt with. I personally think that Momentum and Corbyn will not change their position.

 

I reckon you will be alright, not much chance of Labour winning anything with Jezza in charge. Most of the stuff I have read has just been anti-Israel not anti Semitic, it’s just a few idiots getting and Jezza being too slow to clamp down that has got all the attention.

 

Interesting that your family chose to go to Spain, according to this site anti-semitism is “rampant” out there: https://www.haaretz.com/opinion/.premium-with-anti-semitism-rampant-jews-should-rethink-spanish-citizenship-1.5416200

Edited by aintforever
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It is a shame you find it boring however for the Jewish community it is a major issue. My partner is Jewish and the genuine discussion within the Jewish community is will we need to sell up and leave if Labour get elected. There is lots of evidence of anti semitism within the Labour party and genuine fear by the Jewish community. Try living with this level of uncertainty and whether it will be safe to stay in the UK if Labour get elected. Consider the uncertainty on your family, home, job business etc. If your not part of the community I doubt you will understand how people feel.

Irrespective of the broader political debate how anyone can consider voting for an openly racist party is beyond me.

 

Too many people and labour supporters are dismissive of the anti semitism issue. Perhaps they should put themselves in the position of the Jewish community who have to suffer it and live with it on a daily basis.

 

Lol what a drama queen.

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It is a shame you find it boring however for the Jewish community it is a major issue. My partner is Jewish and the genuine discussion within the Jewish community is will we need to sell up and leave if Labour get elected. There is lots of evidence of anti semitism within the Labour party and genuine fear by the Jewish community. Try living with this level of uncertainty and whether it will be safe to stay in the UK if Labour get elected. Consider the uncertainty on your family, home, job business etc. If your not part of the community I doubt you will understand how people feel.

Irrespective of the broader political debate how anyone can consider voting for an openly racist party is beyond me.

 

Too many people and labour supporters are dismissive of the anti semitism issue. Perhaps they should put themselves in the position of the Jewish community who have to suffer it and live with it on a daily basis.

 

Sell up and leave - behave. You, your missus and her family have quite clearly been taken in by all the guff that the press have been peddling.

 

What do you think would happen to you if the Labour party got in power, to make you need to leave the country?

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It concerns me that posters on here are dismissive of antisemitism which is why it is such a major issue for the Jewish community. If the threat is non existent then why does the local synagogue need to employ permanent security. I think people in non Jewish areas like Southampton are ignorant of the level of racism the community faces.

Perhaps this is not the forum to continue this debate. The fact that the community feels threatened is reality. The fact you consider us to be a bunch of drama queens shows you are not really interested in how we feel or dealing with antisemitism.

So I will withdraw from the debate on the Labour party.

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It concerns me that posters on here are dismissive of antisemitism which is why it is such a major issue for the Jewish community. If the threat is non existent then why does the local synagogue need to employ permanent security. I think people in non Jewish areas like Southampton are ignorant of the level of racism the community faces.

Perhaps this is not the forum to continue this debate. The fact that the community feels threatened is reality. The fact you consider us to be a bunch of drama queens shows you are not really interested in how we feel or dealing with antisemitism.

So I will withdraw from the debate on the Labour party.

 

How do you know that posters aren’t part of and/or don’t have contact with the Jewish community? It’s worth remembering that much of the security that has gone up has been in response to Islamic terrorism, not the left or the Labour Party.

Edited by shurlock
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It concerns me that posters on here are dismissive of antisemitism which is why it is such a major issue for the Jewish community. If the threat is non existent then why does the local synagogue need to employ permanent security. I think people in non Jewish areas like Southampton are ignorant of the level of racism the community faces.

Perhaps this is not the forum to continue this debate. The fact that the community feels threatened is reality. The fact you consider us to be a bunch of drama queens shows you are not really interested in how we feel or dealing with antisemitism.

So I will withdraw from the debate on the Labour party.

 

I wish you wouldn't withdraw. You've made excellent points, not least to people who think it's acceptable to gentile-splain to Jews how they should keep things 'in perspective'. I've encountered the same thing among friends in London and elsewhere - a sense of fear and anxiety which certainly has led in some cases to people thinking they should leave.

 

No one I know has ever compared the virulent anti-Semitism in the Corbynist wing of the party as anything remotely like Nazi Germany, not least because it's mostly a different variant of hatred (you'll still find the classical Jew-hatred though, as has been raised and dismissed on this thread). Corbynist anti-Semitism equates Zionism in general with the horrors of the Netanyahu regime, so aims vile abuse at groupings like the Jewish Labour movement and against individual Jewish Labour party members, especially anyone who dared take place in the protest outside parliament. This variant has antecedents in Stalinism, and has been incubated in the British far Left for decades (I was certainly aware of it 30 years ago).

 

Jews have not lost 'perspective'. Their fears, as objects of loathing, should not be dismissed, or revised as unreasonable. They should especially not be told what to think; they should be listened to. There's every chance that will not happen.

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I wish you wouldn't withdraw. You've made excellent points, not least to people who think it's acceptable to gentile-splain to Jews how they should keep things 'in perspective'. I've encountered the same thing among friends in London and elsewhere - a sense of fear and anxiety which certainly has led in some cases to people thinking they should leave.

 

No one I know has ever compared the virulent anti-Semitism in the Corbynist wing of the party as anything remotely like Nazi Germany, not least because it's mostly a different variant of hatred (you'll still find the classical Jew-hatred though, as has been raised and dismissed on this thread). Corbynist anti-Semitism equates Zionism in general with the horrors of the Netanyahu regime, so aims vile abuse at groupings like the Jewish Labour movement and against individual Jewish Labour party members, especially anyone who dared take place in the protest outside parliament. This variant has antecedents in Stalinism, and has been incubated in the British far Left for decades (I was certainly aware of it 30 years ago).

 

Jews have not lost 'perspective'. Their fears, as objects of loathing, should not be dismissed, or revised as unreasonable. They should especially not be told what to think; they should be listened to. There's every chance that will not happen.

 

Citing Melanie Phillips doesn’t help anyone understand the issue.

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Citing Melanie Phillips doesn’t help anyone understand the issue.

 

This is untrue, of course, and a reminder of your problem with Jewish women.

 

Just to underline, though, your strawmanning of Jews with the 'keep it in historical perspective' line is one of the crassest things I've seen on a thread that's peppered with the literary gems of aintforever and fanboy.

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I wish you wouldn't withdraw. You've made excellent points, not least to people who think it's acceptable to gentile-splain to Jews how they should keep things 'in perspective'. I've encountered the same thing among friends in London and elsewhere - a sense of fear and anxiety which certainly has led in some cases to people thinking they should leave.

 

No one I know has ever compared the virulent anti-Semitism in the Corbynist wing of the party as anything remotely like Nazi Germany, not least because it's mostly a different variant of hatred (you'll still find the classical Jew-hatred though, as has been raised and dismissed on this thread). Corbynist anti-Semitism equates Zionism in general with the horrors of the Netanyahu regime, so aims vile abuse at groupings like the Jewish Labour movement and against individual Jewish Labour party members, especially anyone who dared take place in the protest outside parliament. This variant has antecedents in Stalinism, and has been incubated in the British far Left for decades (I was certainly aware of it 30 years ago).

 

Jews have not lost 'perspective'. Their fears, as objects of loathing, should not be dismissed, or revised as unreasonable. They should especially not be told what to think; they should be listened to. There's every chance that will not happen.

 

Someone's parents moving to Spain has nothing to do with the cheap property prices and sunshine then do they?

I bet they'll still pop back to use the NHS even if nasty Jezza is PM though won't they?

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This is untrue, of course, and a reminder of your problem with Jewish women.

 

Just to underline, though, your strawmanning of Jews with the 'keep it in historical perspective' line is one of the crassest things I've seen on a thread that's peppered with the literary gems of aintforever and fanboy.

 

https://www.pinknews.co.uk/2011/11/04/melanie-phillips-voted-stonewalls-bigot-of-the-year/

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Someone's parents moving to Spain has nothing to do with the cheap property prices and sunshine then do they?

I bet they'll still pop back to use the NHS even if nasty Jezza is PM though won't they?

 

Off topic, but my parent moved to Spain 15 years ago. The universal health provision there is excellent. Far, far better than the good ‘ol NHS.

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Off topic, but my parent moved to Spain 15 years ago. The universal health provision there is excellent. Far, far better than the good ‘ol NHS.

 

My father in law lives in France and has done since the early 90s. He states that the french system is by far better than the NHS.

 

Trouble here, the NHS is like a cult and any party even suggesting change is absolutely slaughtered.

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My father in law lives in France and has done since the early 90s. He states that the french system is by far better than the NHS.

 

Trouble here, the NHS is like a cult and any party even suggesting change is absolutely slaughtered.

 

Might depend where you are in the system.

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Wasn’t Melanie Phillips advocating a Nigel Farage coup d’état the other week - all because May was betraying Brexit and endangering democracy? Her views are an absolute mess - therefore it must mean I have a problem with Jewish women :lol:

 

Verbal doesn’t help himself with his hysterical, disingenuous and fatuous smear tactics.

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I bet they'll still pop back to use the NHS even if nasty Jezza is PM though won't they?

I suppose if somebody has little stake in society and pay no tax, the thought of JC can be a positive, in fact very appealing as they may well get more, but if you are a taxpayer and have strived and worked for decades to make a decent life, at the same time paying into the system shedloads the thought of him and the dark forces hidden behind him, I suggest it is a terrifying thought.

IMO it will be a disaster that this country would not recover from in your lifetime, but I suppose for a lot of people who just want to draw out of society but put nothing back in they don't care. There is no really fair system, but having a society where nobody thrives is not worth having. The party and supporters of envy add nothing to this country, and when they take over, the downtrodden will still be downtrodden but just different people feeding from the trough at the top, history shows that

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I suppose if somebody has little stake in society and pay no tax, the thought of JC can be a positive, in fact very appealing as they may well get more, but if you are a taxpayer and have strived and worked for decades to make a decent life, at the same time paying into the system shedloads the thought of him and the dark forces hidden behind him, I suggest it is a terrifying thought.

IMO it will be a disaster that this country would not recover from in your lifetime, but I suppose for a lot of people who just want to draw out of society but put nothing back in they don't care. There is no really fair system, but having a society where nobody thrives is not worth having. The party and supporters of envy add nothing to this country, and when they take over, the downtrodden will still be downtrodden but just different people feeding from the trough at the top, history shows that

 

What do you make of Jim O’Neill’s comments pal?

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Wasn’t Melanie Phillips advocating a Nigel Farage coup d’état the other week - all because May was betraying Brexit and endangering democracy? Her views are an absolute mess - therefore it must mean I have a problem with Jewish women :lol:

 

Verbal doesn’t help himself with his hysterical, disingenuous and fatuous smear tactics.

 

Exactly, so pathologically afraid of anything left of centre he'll hold up the opinions of people who are much, much closer to actual nazis in desperate smears.

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Exactly, so pathologically afraid of anything left of centre he'll hold up the opinions of people who are much, much closer to actual nazis in desperate smears.

 

So, a Corbynista cultist likening the views of a Jewish woman to the Nazis. What a surprise.

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Her "religion" has nothing to do with it. It's her views on other people in society.

 

The Nazi analogies are unnecessary -all they do is drain Nazism and what was distinctively horrific about the period of any meaning.

 

Either way, as you say, Phillips is a nasty piece of work. Remember this is the someone who was fired by Paul Dacre at the Mail for being too right wing.

Edited by shurlock
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Her "religion" has nothing to do with it. It's her views on other people in society.

 

Criticise Phillips for her repellant views by all means. But once you start likening a Jewish woman to, quote, 'actual Nazis', you're using an anti-Semitic slur.

 

That is, unless you can show that she advocates what 'actual Nazis' did - throwing 15,000 gay people into death camps and kill up to 15,000 of them.

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