Fao Of Our Labour Supporters

[ToraToraTora]

https://www.theanswerbank.co.uk/News/Question1593171-4.html
You seem to have missed this question. Helpfully I have provided a link. Can you tell us how Labour is going to re nationalise everything for free. Thanks.

[Jackdaw33]

Don't worry. Diane Abbott's done the sums so everything will be OK.

[vetuste_ennemi]

//The Government would borrow money to nationalise a utility. And repayments on the borrowing would come from the profits of the utility going to the Government instead of shareholders. So it costs nothing but investors are compensated ...//

At the risk of inciting retribution from whichever moderating harpy is doing the graveyard shift, there is is an assumption, essential to the argument being made, for which there is no evidence. The guy who is proposing the argument seems too stupid to see it.

[vetuste_ennemi]

I've set the timer.

[Jackdaw33]

//moderating harpy\\

Like it.

[vetuste_ennemi]

[food removed]

[naomi24]

Gromit at 01:50 Mon, hang on to your hat. It's going to be a rocky ride!

[Peter Pedant]

// So it costs nothing but investors are compensated ..//

yeah foo ! foo dat ! ( sorry speaking one syllable words that TTT understands - they let anyone into Mensa nowadays)

you borrow the money and the operating profits pay the years interest and capital part repayment

as an idea it works
I am not sure - I suppose I am one not to see how stupid the paper argument is -
and no comments on actual practice or past practice

( sorry 3T - fing foo dat fing ....)

[costs nothing and borrowers are compensated - investors are compensated by the capital sum borrowed - shurely shume mistake but what the hell this is AB)
Say Hi to your mensa chums 3T when you ask what this all means

[Peter Pedant]

02.12 - night starvation Vet ?
I had laid my pretty head on a pillow hourss before that
( and clearing the table - jesus what people do in the wee hours)

[Jackdaw33]

Personal remarks are uncalled for, PP.

[naomi24]

Jackdaw, I'm surprised anyone was able to garner anything coherent from that pile of drivel. PeterPedant is fond of insulting the rest of us by saying ‘A normal day on AB’, or words to that effect, but in my experience that kind of diatribe spells a normal day for PP.

[Peter Pedant]

Good morning babies !
well ! not a normal day on AB.... some people reading my posts - the good bits of course and missing the content.

back to the subject - various people have asked how the Corbyn formula works. I did a longer contribution to which 3T said the usual - "foo dat- my brain hurts just to look at dat so I didernt" -

and so I have cut down the answer to a simple equation.
You borrow and pay the bill off and then the operating profits are used to defray interest and part capital

at least I explained the question
and all I get is abuse
I am the victim here you know
salut babies !

[Peter Pedant]

// Jackdaw, I'm surprised anyone was able to garner anything coherent from that pile of drivel. //

damn damn I misread this as- "I have read it and surprisingly agree with everyting expressed" fooo !

my sincere apologies - I completely miscast Nigh as rational and sane today - which is completely untrue and a damned libel. - I apologise to those on AB and in particular Nigh who I agree should not ( never!) be subject to such misthoughts

er - normal day then. sozza all !

[naomi24]

^He can't help himself.

[Togo]

//the operating profits//

There in a nutshell is the problem. Operating profits? From an organisation run by the Layboors. Once the systems have been filled to the brim with the correct proportions of "people with protected characteristics", ethnic minorities, and equality superiors there will be precious little "profit" to play with. Just like the NHS......only better.

[Togo]

Ohh forgot about the compulsory 6 months "sick" pay and 26 weeks holiday entitlement.

[Kromovaracun]

The NHS is not supposed to be profitable, though, because healthcare is not (or should not be) a market. Utilities are basic commodities which every household requires, so operating profit is a much more applicable term.

Having said that, I'm uneasy about nationalising utilities and think it is far too ambitious - especially when the party is already pledged to nationalise rail companies, which to my mind is a far more urgent priority.

[Khandro]

//Can you tell us how Labour is going to re nationalise everything for free//

It isn't going to nationalise anything, because it will get nowhere near being in power, the fanatical left - Momentum, and a crazy Marxist ideologue Shadow Chancellor and a dreamy leader are killing off the mainstay Labour voters. Despite a disastrous recent Conservative performance, the polls show them sinking inexorably southwards.

https://www.express.co.uk/news/uk/917469/Labour-Party-John-McDonnell-shown-poll-Peston-on-Sunday-ITV-Conservative-Party

[ToraToraTora]

I am grateful to PP for his efforts at vindicating my post at 18:11 last evening.

[emmie]

they can't renationalise anything, they won't be in power.