Sunak or Truss

[Filo]

She has said within a week she will have a response to the energy crisis.
The judgement begins in one week.
Will it be the right thing to do? Will it be enough?
We shall see.

Word on the street is Dizzy Lizzy is going to be offering loans to those on lower or mid incomes to be paid back when prices drop ( if they do ) and then added to your bill .

Madness

[Panda]

She has said within a week she will have a response to the energy crisis.
The judgement begins in one week.
Will it be the right thing to do? Will it be enough?
We shall see.

Word on the street is Dizzy Lizzy is going to be offering loans to those on lower or mid incomes to be paid back when prices drop ( if they do ) and then added to your bill .

Madness

I'd be up for it. If the banks weren't so bloody impossible to get money out of then people would have more options financially. Banks went from lending to all and sundry to lending to nobody. Also, pay day lenders such as Wonga etc went out of business too leaving many people with no options at all.

[wilts rover]

She has said within a week she will have a response to the energy crisis.
The judgement begins in one week.
Will it be the right thing to do? Will it be enough?
We shall see.

Word on the street is Dizzy Lizzy is going to be offering loans to those on lower or mid incomes to be paid back when prices drop ( if they do ) and then added to your bill .

Madness

I'd be up for it. If the banks weren't so bloody impossible to get money out of then people would have more options financially. Banks went from lending to all and sundry to lending to nobody. Also, pay day lenders such as Wonga etc went out of business too leaving many people with no options at all.

You would be up for paying £ 000's more than necessary on your energy bill for the next 10 + years just so that energy suppy companies could keep their £ billions in profits!!!!

You're on you own on that one.

[Panda]

Read it wrong. Thought you meant cost of living loans.

[SydneyRover]

Susie Dent twitter

''Word of the day is Zugzwang [tzoog-tzwung]: a situation in chess (and life) in which a move must be made, but each possible one will make the situation worse''

[Panda]

Phrase of the day:

'We will deliver, we will deliver, we will deliver'

Christ. Another brain dead dumb ass air head. Amazingly she is running the country.

Had enough of nonsense slogans with Bozo.

[scawsby steve]

I can't believe what some of today's papers are saying, that Truss is going to freeze the price cap right up to the next GE. Even Keith only suggested 6 months.

If that were to happen, which I can't see, would it make a difference in the polls?

[tyke1962]

If the Tory leadership election had to use the same rules as a Trade Union does for legal strike action she'd have fallen short of the required percentage to reach number 10 .

This despite Tory members able to vote electronically which is illegal  when balloting Union members for industrial action .

Democracy eh !!!!

[Filo]

Johnson and Truss are taking two separate flights to Scotland to meet the Queen, another waste of tax payers money in a time of crisis!

[Colin C No.3]

Perhaps she’s worried he might ‘come on to her’ & he’s worried she might ‘come on to him’?

[mugnapper]

Johnson and Truss are taking two separate flights to Scotland to meet the Queen, another waste of tax payers money in a time of crisis!

Come on Filo, we can’t risk losing 2 great Statespersons in 1 plane crash. The Nation would come to a standstill without their mega brains.

[mugnapper]

Did she mention cheese imports in her speech yesterday? I seem to remember it being of great importance to her.

[mugnapper]

Can I also congratulate the Power companies for coming up with a scheme to help with the Cost of Living crises, whereby individuals can amass significant debt by taking out loans that will take decades for some to pay off, if ever.
So much more straightforward than taxing Power companies obscene profits or, dare I say it, taxing the Super Rich!!

[Glyn_Wigley]

Like Patel before her, Dorries has jumped before she was pushed.

[mugnapper]

Like Patel before her, Dorries has jumped before she was pushed.

She’s going to the Lords (Lord help them) and Johnson may be switched to her constituency as he’s liable to lose his own.

[BillyStubbsTears]

Can I also congratulate the Power companies for coming up with a scheme to help with the Cost of Living crises, whereby individuals can amass significant debt by taking out loans that will take decades for some to pay off, if ever.
So much more straightforward than taxing Power companies obscene profits or, dare I say it, taxing the Super Rich!!

I really am starting to think that Truss is a long term sleeper agent who has just been activated with a mission to destroy the Tory party.

Just stop and think how this is going to play electorally.


1) In normal market conditions, energy companies (production and supply) make adequate profits when household consumers are paying an average of about £1000/year.

2) Because of Putin declaring economic war on Russia, energy SUPPLY companies relying on gas can only make a profit if the average cost per household goes up to about £5,000/year.

3) At that figure, the energy PRODUCTION companies are making stupendous profits, because they can now sell their gas at 5 times what they could last year.

4) Truss's plan, according to briefings, is to cap the consumer's average cost at £2000/year. That means her Govt will give the energy supply companies a repayable loan of £3000 for every household.

5) That loan is to be paid back. And the supply companies will finance it by not bringing down the £2000 price they'll be charging consumers, even when the price of energy that they could make a profit on falls below this. So it's basically consumers who will be paying.

6) But here's the rub. Truss says she won't touch the billions of pounds of excess profits that BP and Shell are making. So effectively, she's taking money out of your and my pockets and stuffing it into BP's and Shell's.


When people realise that, this is going to destroy her credibility before she even starts. I do get that the Tories have for years assumed their supporters are too thick to realise they are being played, but this is so staggeringly obvious.

[BillyStubbsTears]

Plus, this approach is about the most regressive possible.

It basically says "We have a national emergency. Government will cover the cost now, but every household using average amounts of energy will pay back exactly the same amount, whether they are millionaires or minimum wagers".

The repayment mechani effectively makes this another Poll Tax.

[wilts rover]

Like Patel before her, Dorries has jumped before she was pushed.

She was one of Truss' main backers and in the list of cabinet members published at the weekend. Summat gone on since.

[Wiltshire Exile]

Phrase of the day:

'We will deliver, we will deliver, we will deliver'

Christ. Another brain dead dumb ass air head. Amazingly she is running the country.

Had enough of nonsense slogans with Bozo.

No different from Tony Blair’s “education, education, education,” eh?

[MachoMadness]

This energy plan is a right load of w**k. Daylight robbery on a national scale.

[Bentley Bullet]

Phrase of the day:

'We will deliver, we will deliver, we will deliver'

Christ. Another brain dead dumb ass air head. Amazingly she is running the country.

Had enough of nonsense slogans with Bozo.

No different from Tony Blair’s “education, education, education,” eh?

It must be a Tory thing.

[Nudga]

They keep finding these magic money trees don't they .
Theresa May couldn't have looked hard enough.

[Panda]

Phrase of the day:

'We will deliver, we will deliver, we will deliver'

Christ. Another brain dead dumb ass air head. Amazingly she is running the country.

Had enough of nonsense slogans with Bozo.

No different from Tony Blair’s “education, education, education,” eh?

No different at all. Blair is a tit and Labour under the current structure and personnel are a dead loss. I won't be voting Tory or Labour for some considerable time. I rarely vote Tory but i very much doubt i ever will again out of principle for what they did to people during Covid. I can't ever forgive that tbh.

[tyke1962]

Are the 54 letters in to Graham Brady yet .

 

[BillyStubbsTears]

Aspiration Nation?

Who's her speech writer? Musical Youth?

[tyke1962]

Given the cost of the package that is supposedly getting set out at the moment to help with the country's energy bills around £100bn .

Could anyone hazard an educated guess and tell me if it would or wouldn't be cheaper just to nationalise the energy industry ?

[albie]

Great friend of Vlad and the Saudis, is owd Liz;
https://declassifieduk.org/liz-truss-approved-289m-of-uk-exports-with-potential-military-use-to-russia-before-ukraine-invasion/

Good to know she has favours in the bank, ready to call in.

[Glyn_Wigley]

Like Patel before her, Dorries has jumped before she was pushed.

She was one of Truss' main backers and in the list of cabinet members published at the weekend. Summat gone on since.

Lots of MPs backed Truss, it doesn't mean they get rewarded with a job, especially when they've proved utterly unfit to be given one.

[big fat yorkshire pudding]

The people who'll be most outraged by her plan will be those who lean conservative.  It demonstrates the very essence of failure of corporate entities in some way.  Cap the cost, fine with that the consumer has to be protected.   Loans to companies to fund it, also fine with that, they'll have to take the pain when profits return.

But how many will fail and never pay that loan back?  If you don't get the money back you may as well nationalise the lot.  Also the producers need to feel the pain and windfall taxes must be appropriate in that environment. Something that the whole world needs to align on and that will never happen.

But, given what many and labour call for, it shouldn't be something many of you criticise it's largely what you've called for.

[Colemans Left Hook]

Great friend of Vlad and the Saudis, is owd Liz;
https://declassifieduk.org/liz-truss-approved-289m-of-uk-exports-with-potential-military-use-to-russia-before-ukraine-invasion/

Good to know she has favours in the bank, ready to call in.

15- all your serve

https://www.middleeasteye.net/news/letter-reveals-intelligence-ties-between-blairs-britain-and-gaddafis-libya