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Remainer Bid To Force Corbyn To Back Brexit Referendum Is Blocked At Labour Conference
38 Answers
as his allies say staying in the EU would NOT be an option even if national vote is held
Oh dear, I thought everyone says it is The Torties who are split.
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Oh dear, I thought everyone says it is The Torties who are split.
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//Think John McDonnells speech at the Conference was brilliant//
companies listed on the stock exchange won't think so. employee share ownership sounds like a good idea in principle, until it's realised that 10% of a company's shareholding represents far more than a £500 shareholding for employees. the rest goes to the government, and the amount involved is staggering; the amount from one company - shell - represents over £1billion per year in quasi-corporation tax. and the employees can't trade the shares, so they won't own them in the truest sense, but they would be due a dividend.
soak the rich? many companies are likely to de-list from FTSE, or move abroad. the results for the economy will be disastrous.
clearly Diane Abbott did the maths on this. they have not got the slightest clue.
companies listed on the stock exchange won't think so. employee share ownership sounds like a good idea in principle, until it's realised that 10% of a company's shareholding represents far more than a £500 shareholding for employees. the rest goes to the government, and the amount involved is staggering; the amount from one company - shell - represents over £1billion per year in quasi-corporation tax. and the employees can't trade the shares, so they won't own them in the truest sense, but they would be due a dividend.
soak the rich? many companies are likely to de-list from FTSE, or move abroad. the results for the economy will be disastrous.
clearly Diane Abbott did the maths on this. they have not got the slightest clue.
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//I think Water , Electric ,Railways , and the Postal system should be nationalised and returned to the public,//
I can't speak for water and post, but I've been in the rail industry for 44 years and anyone who believes renationalisation will make the railways better -in anything other than the very long term - is quite frankly deluded. some of the franchises have 10-12 years to run, so letting them lapse and taking them into public ownership would not complete until 2030. any attempt to cut franchises short is likely to result in years of very expensive and damaging litigation. the trains themselves are owned by separate leasing companies (only 2 companies actually own their own trains), the government will either have to buy the trains back, or build new from scratch. either option will cost billions. oh, and should the remainers win the day, being in the EU will complicate renationalisation because of the EU's interoperable open access rules, and labour would be unable to stop private companies running their own services. at the base of the railways' present difficulties is the sheer overloading of the system, and only the spending of billions in upgrades or new build will make anything other than a trifling difference.
I cannot begin to imagine where the money to do all this will be coming from, when the labour party is already committed to many other fiscally-intensive programmes such as health, welfare and education.
I can't speak for water and post, but I've been in the rail industry for 44 years and anyone who believes renationalisation will make the railways better -in anything other than the very long term - is quite frankly deluded. some of the franchises have 10-12 years to run, so letting them lapse and taking them into public ownership would not complete until 2030. any attempt to cut franchises short is likely to result in years of very expensive and damaging litigation. the trains themselves are owned by separate leasing companies (only 2 companies actually own their own trains), the government will either have to buy the trains back, or build new from scratch. either option will cost billions. oh, and should the remainers win the day, being in the EU will complicate renationalisation because of the EU's interoperable open access rules, and labour would be unable to stop private companies running their own services. at the base of the railways' present difficulties is the sheer overloading of the system, and only the spending of billions in upgrades or new build will make anything other than a trifling difference.
I cannot begin to imagine where the money to do all this will be coming from, when the labour party is already committed to many other fiscally-intensive programmes such as health, welfare and education.
I'm quite disturbed that there are as yet no reports following today's Cabinet meeting. I suspect that idiot May is still holding to doomed Checquers ideas and has only given way around the edges - otherwise there would have been resignations if she's stuck to it. If her policy had changed - it would have been announced publicly. I am very, very distrustful.
I would certainly vote for Gina Miller to be gagged I am now very fearful.
I would certainly vote for Gina Miller to be gagged I am now very fearful.
Worry not Jordain they know that vote Chequers means get Corbyn. We will go out the hard way as we all expected anyway. We have allowed ourselves to be stalled, and side tracked by the EUSSR and their slavish adherents. The World is watching. If we succumb then a one World order with citizens of zero asset is inevitable.
//They want to renationalise the railways (at a cost of £176 billion they simply won’t have when sterling inevitably collapses and the credit lines dry up), they want to massively hike taxes on “the rich” (ie the productive sector of the economy), they want workers to be given 10 percent of every company and seats on the board.
They want, as one leading Labour aide has been honest enough to admit, a “Soviet Britain”.
And they mean it too. What horrifies about Labour is not merely the economic and historical illiteracy of its worldview but the gloating arrogance and jaunty callousness with which its acolytes plan to bring about their new (Jew-free, Hamas-compliant) Jerusalem. They really do believe you can’t make an omelette without breaking a few heads.
If the vengeful malcontents of Corbyn’s Labour ever get voted into power it will be the end of Britain for the foreseeable future.//
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//They want to renationalise the railways (at a cost of £176 billion they simply won’t have when sterling inevitably collapses and the credit lines dry up), they want to massively hike taxes on “the rich” (ie the productive sector of the economy), they want workers to be given 10 percent of every company and seats on the board.
They want, as one leading Labour aide has been honest enough to admit, a “Soviet Britain”.
And they mean it too. What horrifies about Labour is not merely the economic and historical illiteracy of its worldview but the gloating arrogance and jaunty callousness with which its acolytes plan to bring about their new (Jew-free, Hamas-compliant) Jerusalem. They really do believe you can’t make an omelette without breaking a few heads.
If the vengeful malcontents of Corbyn’s Labour ever get voted into power it will be the end of Britain for the foreseeable future.//
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