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Britain is still a world-beater at one thing: ripping off its own citizens


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https://www.theguardian.com/commentisfree/2017/aug/03/britain-world-beater-ripping-off-citizens-rail-fares-water-energy-bills

 

 

British Gas increases its electricity prices will rise by 12.5%, starting next month. Just as the cold nights start drawing in despite the competition watchdog judged last year that British Gas and other energy giants were taking well over a billion pounds a year through “excessive prices”

 

Thames Water divvied up £1.6bn in dividends to its small circle of shareholders

 

Hinkley Point, at an estimated cost to British households of £30bn

 

taxpayers still pay £12,000 a day for shut down pfi schools

 

Tories currently trying to stealth sell off to the private sector for just 50 Million quid part of the NHS that SAVES the NHS 70 million pounds a year

 

"These are all examples of the public losing control – over our bills, over our taxes, over our water and trains and schools.

Will freeing ourselves of the shackles of the European court of justice or EU state aid rules or any other Brexiteer hobbyhorse allow us to “take back control”? On the basics that govern our lives we have lost sovereignty.

Brussels didn’t sell us down the river: Thatcher, Blair and Cameron did."

 

Why trust doctors and science, when you can trust the internets:

blithering idiots, think tank shills, client journalists, disinformation bots and trolls

 

“The fossil fuel industry is feasting on subsidies and windfall profits

while household budgets shrink and our planet burns"

UN secretary general Antonio Guterres

 

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It is where these terrorists are getting it wrong isnt it?

 

If they murdered a few of these monstrous politicians and their associate business profit mongers,

- you know the ones who are driving the 'interventions' in these terrorists 'homelands' for profit and business reasons

(and I certainly DON'T mean the Joe Cox's)

 

1. They would get a LOT more publicity.

2. I also suspect they would get a LOT more sympathy, even if quietly, from the public at large.

 

Mind you, we the British public would of course most likely just end up with a similar replacement or possibly even worse as has far too often proved possible despite our all too common beliefs that it just couldn't get worse.

 

Why trust doctors and science, when you can trust the internets:

blithering idiots, think tank shills, client journalists, disinformation bots and trolls

 

“The fossil fuel industry is feasting on subsidies and windfall profits

while household budgets shrink and our planet burns"

UN secretary general Antonio Guterres

 

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Thatcher Blair and Cameron didn't.

 

Thatcher ,major, Blair Cameron, may did....

Notice 4 conservative pm"s and only one labour.....

 

But ALL without exception increased the use of PFI's from Thatcher and Majors inception - even shamefully Labour,

and none UNDID the abuses of prior governments in any real measure

 

Why trust doctors and science, when you can trust the internets:

blithering idiots, think tank shills, client journalists, disinformation bots and trolls

 

“The fossil fuel industry is feasting on subsidies and windfall profits

while household budgets shrink and our planet burns"

UN secretary general Antonio Guterres

 

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Share on other sites

This is not just happening in the UK. Same in most western economies. The current capitalist system is a bust model and went wrong in the 1980's when Reagan/Thatcher decided to turn Banks into casino operations. The Banking crash in 2008 will not be a one off event and the same mistake is being repeated. The Bank of England has just printed another £15 billion to hand to high street Banks to loan to customers.

 

This is relevant because the markets for various commodities including energy is not working very well. Energy companies have customers that can't afford to pay bills or are reducing usage. The big energy companies buy energy in bulk and if they don't sell it, then they can make a loss. Recent winters have been mild and if it continues this way, then profits will be down. Energy should never have been privatised, as it is an inefficient way of producing and selling energy.

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This is not just happening in the UK. Same in most western economies. The current capitalist system is a bust model and went wrong in the 1980's when Reagan/Thatcher decided to turn Banks into casino operations. The Banking crash in 2008 will not be a one off event and the same mistake is being repeated. The Bank of England has just printed another £15 billion to hand to high street Banks to loan to customers.

 

The banks and RBS are perfect examples

 

The tax payer bail them out after their abuses

The tax payer continues to pay in the losses the companies claim against Tax in these banks paying fines to America - so the Taxpayer pays those fines

 

Yet if you look deeply enough, it would quite clearly seem the crash was caused by the Big US manipulators like Goldman Sachs in instigating these packaged debt sales packaged up to look pretty

 

Why is the UK not fining THEM 10's of BILLIONS as they should be

and why were the banks not forced to either bail out the other banks via loans - well because you can be sure the other banks would certainly NOT loan at negative return like we were forced too by our governments

 

 

See here - One of the major UK players in the collapse is being 'repackaged' itself and will be the cornerstone of RBS in the EU.

http://uk.reuters.com/article/uk-rbs-results-idUKKBN1AK0HL

 

Especially now their pay will not be so limited again - like the UK

"A rule limiting bonuses to 20 percent of fixed pay was brought in by the Dutch government after the 2008 financial crisis.

The country's parliament voted in June to scrap that limit in a non-binding consultative vote. "

 

 

This is relevant because the markets for various commodities including energy is not working very well. Energy companies have customers that can't afford to pay bills or are reducing usage. The big energy companies buy energy in bulk and if they don't sell it, then they can make a loss. Recent winters have been mild and if it continues this way, then profits will be down. Energy should never have been privatised, as it is an inefficient way of producing and selling energy.

I dont see and dont believe we will ever see any profit issues for these privatised utility companies, and those involved in generating are even worse.

 

Its working VERY well for the shareholders and senior 'management', and I cant see that changing

- they will just, as always, pass on all costs + a goodly profit margin to the customers.

 

Too many people just dont change supplier - and even if they did and the profiteering companies collapse

- we would pay for that - just like with the banks

 

Why trust doctors and science, when you can trust the internets:

blithering idiots, think tank shills, client journalists, disinformation bots and trolls

 

“The fossil fuel industry is feasting on subsidies and windfall profits

while household budgets shrink and our planet burns"

UN secretary general Antonio Guterres

 

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