Thursday 24 October 2013

Tory arrogance 15/09/13

As we have seen time and time again, this government`s arrogance knows no bounds, and it`s evident once more with its ridiculous plan to privatise Royal Mail.
Their excuse, when lowering the top tax band for themselves and their millionaire mates, was that when the rate was 50%, the rich didn`t pay it, so it made economic sense to lower it by 5% so that they would. Really? We were meant to believe this?
Their contempt for the ordinary people seems to grow by the day, for what else can explain their willingness to destroy the welfare state, treat poor and unemployed as criminals, and cut benefits even for those with disabilities? We are expected to believe they know best, that the last Labour government was to blame for the economic crash, and that bankers had nothing to do with it. That`s why Osborne spoke out in Brussels against capping bankers` bonuses, and why the British government recently challenged the legality of the financial transaction tax, successfully it seems, even though Germany, France and the rest had adopted it as a fair way to get something back from those who had caused this economic mess. But the people of this country are still expected to believe that the Tories, and of course, Clegg and his cronies, complicit in all things Cameron, are determined to stamp out tax avoidance! Pull the other one!
Now, in the continuance of ideological policies to privatise at all costs, and further enrich the already rich, we have the case of Royal Mail, which they have to sell off, they say, because it`s taking too much government money, and preventing spending on hospitals and schools! You could not make this up!  So the government had to scrap the £55bn Building Schools for the Future scheme in July 2010 because of the need to plough more money into the postal service? What the Royal College of Nursing calls a "slash and burn" approach, cutting the number of  nurses by over 5000, is caused by the post being so demanding of extra funds from the Treasury? Who knew? Most of us were under the impression that the average pay for a postman was around £19,000 a year, well below the national average.
    What do they take us for, but perhaps,more importantly, how much disdain do they have for the Opposition? Tory propaganda has got away with political murder, with the "skiver" nonsense, and education needing to go back to the 50s, with barely a Labour murmur of protest, so they know excuses for their privatisation of Royal Mail can be as ludicrous as possible, and they, with of course, support from Murdoch`s media, can get away with them.
     The truth is rather different; Royal Mail has profit margins of 5%, and made £403m profit last financial year, but in the future, at least half of these profits will go as dividends to shareholders.Everyone knows so-called "increased efficiency" will lead to job cuts and a less regular service, especially in rural areas. A little further down the line, there will, no doubt, be zero-hours contracts and increased part-time work. The general public are against it; a YouGov poll showed 67% opposition, and even amonst Telegraph readers, 72% are against the sale. However, I shouldn`t imagine there`s much opposition from the government`s City friends; a mere £15m at least will be paid to investment banks for their "advice" over the flotation, providing the fees are set at 1% of the value, and the banks getting yet more taxpayers` money include Goldman Sachs, UBS, Barclays, Bank of America and Royal Bank of Canada.

If Labour actually, not only opposed the sale of Royal Mail, but pledged to re-nationalise it when in power, it would not only scare off many City investors, it would show support to the beleagured workforce, and be popular with the majority of the electorate. At least, let`s have a debate in Parliament, or even a series of questions at PMQs, so the public can hear  the government`s nonsense. If I am completely fed up of being lied to, and treated as an idiot by "posh Tory-boys", why isn`t Miliband?

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