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Labours pension threat - daily express
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No point worrying now. Scaremongering, as the press do so well!0
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Don't vote Labour, simples.0
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Don't read the Daily/Sunday Express, simples.0
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There are two scenarios:
1. Corbyn pays below the market value. That’s robbing pensions like the article describes.
2. Corbyn pays market value. The pensions are ok to start with, however UK’s solvency becomes a question mark, run on the pound, devaluation and, eventually, Venezuela.
Under both of these scenarios nationalized industries will be badly run. They were NOT well run before privatisations and, frankly, Corbyn cannot run a !!!!-up in a brewery let alone a major company.
And then there is the plan to confiscate 10% of everything, leading to capital flight, capital controls and all that comes with it.0 -
Deleted_User wrote: »2. Corbyn pays market value. The pensions are ok to start with, however UK’s solvency becomes a question mark, run on the pound, devaluation and, eventually, Venezuela.
Sounds a perfect solution to DB scheme deficits...Under both of these scenarios nationalized industries will be badly run. They were NOT well run before privatisations
Personally, as a train commuter, I'd definitely take the Network SouthEast of my childhood over the South Western Railway of my present...
Maybe the authors are dreaming of 'nationalising the top 200 monopolies', but the policy as it stands is more Railtrack to Network Rail (or at least, that seems to be intention). And yes, I've seen criticisms online from people who know more than me that this analogy only goes so far, given Openreach isn't the formal monopoly Railtrack was.0 -
Don't read the Mail, Express, Sun and Borisgraph and believe all the Corbyn and immigration hatred, or anything else for that matter0
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Private Eye is the UK publication I trust the most.“So we beat on, boats against the current, borne back ceaselessly into the past.”0
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They will pay "market value" for the shares but before that time they will ensure the share price drops like a stone.0
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Simply posting a link without any comment seems a bit lazy to me and could also be a way for bots to spread propaganda. The forum should think about this a bit.“So we beat on, boats against the current, borne back ceaselessly into the past.”0
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