Brexit, for once some facts.

oldgroaner

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It won’t happen, it can’t happen, it never happens, they aren’t good enough to make it happen. They may try, but they will fail due to being outsmarted at every turn by people who are infinitely better at business than a Labour government.

Labour will then resort to easy and turn on working people to fund their communist ambitions. This must never be allowed to happen. They are already damaging worker’s pensions and stifling investment via the suggestion that they are going to confiscate share holding.

Labour are an equally dangerous threat to the country as Brexit. The Corbyn core are communist lunatics.
You really could do to study the difference between Communism and Socialism, as you haven't the remotest inkling of the difference, have you?
Only second hand prejudice reinforced by a morbid fear you might have to fork out money for socially desirable reasons.
What is Conservatism
The mistaken belief that the person holding that belief is somehow superior to his or her fellows, because they enjoy monetory or other social advantages, which they will fight tooth and nail against having to share, buoyed up by confident optimism that somehow knowing the cost of everything offsets the dire consequences of being blissfully ignorant of the value of anything.

Communism is the perjorative term Conservatives use for anything that even remotely dents (however slightly) their little pile of gold, particularly if that benefits people they look down on.

In terms of capability of Governing, they are possibly marginally better than a room full of Chimpanzees having a tea party while fighting over a bunch of bananas.
Hence we are about to break the £2 Trillion National Debt any time now
 
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Woosh

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Of course, it's very easy to dismiss this as being brainwashed. We like easy.
there is no real need to takeover Openreach.
JC could simply invest into provisioning and perhaps pay for difficult to reach, low return places.
But no, he's got to offer it for free. Why? does he hate capitalism?
 

daveboy

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Sep 19, 2012
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I disagree. If a company is in danger of being compulsory purchased for less than its value, that is going to deter investment and therefore affect it’s value
So are you saying that Labour would be able to buy back water. rail.electric and gas cheaply?
 
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Woosh

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Woosh there are so many it is impossible to count..from Schools, to Air Traffic Control,to Forestry
are you sure your examples all work well? for example state schools work better than private schools? (me, my wife and my children, we all went to state schools), publicly owned forests are better managed than private ones?
 

50Hertz

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Jan 2, 2019
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So are you saying that Labour would be able to buy back water. rail.electric and gas cheaply?
Yes, at a price set by government. You watch any Labour MP pushed on this during an interview. If Corbyn gets his way, he will screw the owners / investors.
 

50Hertz

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Jan 2, 2019
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So Labour can afford to buy them back..... because the Tories are saying the opposite.
No, Labour can not buy these companies at their current market value. If Labour compulsory purchased Openreach for 1 penny per share, they could afford to buy it. If they purchased Openreach at market value, they couldn’t afford it. A Labour government would set the price for any compulsory purchase, so where do you think they will pitch it, above or below market value? If they pitch it below market value, someone gets screwed.

When you see them being interviewed about this, you will be able to deduce your answer as to where they intend to value the companies being eyed up for re nationalisation.
 

flecc

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Oct 25, 2006
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But no, he's got to offer it for free. Why? does he hate capitalism?
No, it isn't hate, it's an investment in providing an essential service to all that will pay handsomely in time.

You seem to prefer no investment other than that by the rich which makes the rich richer.
.
 

daveboy

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Well yes, if Labour compulsory purchased Openreach for 1 penny per share, they could afford to buy it. If they purchased Openreach at market value, they couldn’t afford it. A Labour government would set the price for any compulsory purchase, so where do you think they will pitch it, above or below market value? When you see them being interviewed about this, you will be able to deduce your answer.
But in your earlier post you said "If a company is in danger of being compulsory purchased for less than its value, that is going to deter investment and therefore affect it’s value"
So Labour would be able to buy it at a reduced price just by saying they were going to.(according to you).
 
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flecc

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are you sure your examples all work well? for example state schools work better than private schools? (me, my wife and my children, we all went to state schools)
Not a fair comparison since the private sector is selective, depriving the public sector at the same time as advantaging themselves. The "cream off the top" principle.

publicly owned forests are better managed than private ones?
There are well managed and badly managed of both. The National Trust one I'm concerned with is well managed by the Forestry Commission, the local authority and ourselves, aided by excellent local authority biodiversity policies that we follow.
.
 

Danidl

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NATS is majority privately owned. Oops. The rest, as per Woosh.
Well our ATC along with the Met service which covers the majority of transatlantic flights for Europe including UK originated flights ...in partnership with Prestwick,is a State service
 

50Hertz

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But in your earlier post you said "If a company is in danger of being compulsory purchased for less than its value, that is going to deter investment and therefore affect it’s value"
So Labour would be able to buy it at a reduced price just by saying they were going to.(according to you).
Correct. Labour could, if they want to, deliberately inflict damage on a company that is performing well, cause a devaluation by inflicting that deliberate damage and then buy it more cheaply than they could have done before they damaged it.

In equivalent terms, this is like you trying to sell your very nicely kept car, a prospective purchaser then deliberately damaging it and then demanding to buy the car for much less because its damaged. And being allowed to get away with it

It’s not ethical and it’s communist style seizure of assets for redistribution.
 
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Woosh

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You seem to prefer no investment other than that by the rich which makes the rich richer.
.
I have no view on the profile of investors. I don't believe that JC would entice investors anywhere as much as Blair did. So the money is going o come from borrowing or taxation.

in view that JC's policies rely on the top 5% picking up the lion share, statistics are against him: if there is a sun lit upland for Labour, it's the top 1% earners (310,000 individuals).
They pay already 27% of income tax. There just isn't much room to extract hundreds of billions from them.
They will have to extract money from lesser earners, those who pay 40% tax.
 
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50Hertz

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Jan 2, 2019
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Well our ATC along with the Met service which covers the majority of transatlantic flights for Europe including UK originated flights ...in partnership with Prestwick,is a State service
I'm sorry, but you are wrong.

80% of transatlantic air traffic into Europe passes through the Oceanic Control Area (OCA). It's the transatlantic gateway into Europe and the OCA is controlled by the UK via NATS, and NATS is a majority privately owned organisation.

The UK's Met Office is a government owned organisation I believe.
 

flecc

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Oct 25, 2006
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I don't believe that JC would entice investors anywhere as much as Blair did.
Of course, as I've always maintained in here, Blair was a pseudo Tory. He even created that disastrous arch Tory measure, PFI, which the Tories enthusiastically endorsed later.
.
 

Woosh

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Blair would have won this GE.
 
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