Labour MP John McDonnell has just said on his Twitter site: "If the energy companies cartel pushes up prices before 2015 and try to undermine Labour's price cap, just bring them into public ownership".
Is it not wonderful to see the Labour Party embracing socialism once again!
State confiscation of land. State confiscation of corporate profits (and let us not forget that most utilities are effectively owned by pension funds, so a grab of profits will have a direct impact on pensions). And now Labour stalwart John McDonnell is advocating a programme of nationalisation of the commanding heights of British industry!
Will Ed Miliband be wearing a donkey jacket at Remembrance Sunday next month one wonders.
In any case, if the energy companies were seriously interested in avoiding Labour's price cap all they have to do is lower prices before 2015 so it is no longer an election issue and the Tories get back in.
But sincerely, I am very glad Labour is moving to the left.
Is it not wonderful to see the Labour Party embracing socialism once again!
State confiscation of land. State confiscation of corporate profits (and let us not forget that most utilities are effectively owned by pension funds, so a grab of profits will have a direct impact on pensions). And now Labour stalwart John McDonnell is advocating a programme of nationalisation of the commanding heights of British industry!
Will Ed Miliband be wearing a donkey jacket at Remembrance Sunday next month one wonders.
In any case, if the energy companies were seriously interested in avoiding Labour's price cap all they have to do is lower prices before 2015 so it is no longer an election issue and the Tories get back in.
But sincerely, I am very glad Labour is moving to the left.
No comments:
Post a Comment