Liz Truss
- Thread starter mr t
- Start date
TheBlueDune
Well-Known Member
Or Prime
BBC News - UK to borrow billions to cut energy bills
UK to borrow billions to cut energy bills
The expected plan would see over £100bn added to government borrowing.
www.bbc.co.uk
First delivery will be £100,000,000,000 one hundred billion pounds(!!!) of debt, borrowed on our behalf, to subsidise companies that have a virtual monopoly to sell us energy using our assets that we sold to them, at a price dictated by a commodity they don't actually use for our energy.
It will lessen the risk of those companies going bust.
It will somehow con the people into believing that paying 4 or 5 times more than just a couple of years ago is a good thing.
It will be certain that energy costs will not go back to 2019 levels.
It will mean that the lenders of the debt will have guaranteed income for the next 20 years and if there is any doubt of that, the government will underwrite the risk, i.e. increase future taxation and/or cut services to pay it back.
£100,000,000,000 shared across, say, 25,000,000 taxpayers? In effect a £4,000 tax.
The loans from the US and Canada post-WWII at 2% interest, for $4.3 billion from the US in 1945 and a year later, Canada also agreed to lend Britain $1.2 billion were eventually paid back in 2006. The loans being the equivalent of about £27 billion in 2006 money – a quarter of this set.
Welcome to Trusstopia.
Bill
Moderator
yes we can. there is no alternative . the Labour party are useless always have been . Tories know that. even the worst appointment in Tory history won't stop another landslide win.
pride in battle
Well-Known Member
I cannot see the tories getting in again...
Ashleymcduff
Well-Known Member
Just read she’s 47….
She must not of been counting the weekends
She must not of been counting the weekends
kaz7
Well-Known Member
Speech at 4pm ish
bluethrunthru
Well-Known Member
oh dear - have you been drinking again?
bluethrunthru
Well-Known Member
We are going to see a sort of America style internal war now if you ask me. Johnson has left a mess that no politician - not even one with abilities way beyond those of Truss - can possibly resolve or convince people resolution is on its way before the time when they must call the next GE.
What we will get is a period of relative normality inside number 10 which won't please the Johnson Cult. So like in America with Trump there will be a significant minority agitating to get Johnson back again. Whether he wants to will be another matter. He has to decide if he even wants to remain as an MP yet. The pay is piss poor by his standards and some work is expected in return. In the meantime plenty of shows will be willing to interview him to ask the questions he doesn't like - even Phil and Holly don't have to show him any deference now he is not PM. If he wants to stay relevant he will have to face people - expect a huge run on fridge locks if there are any indications that he wants to make that comeback
What we will get is a period of relative normality inside number 10 which won't please the Johnson Cult. So like in America with Trump there will be a significant minority agitating to get Johnson back again. Whether he wants to will be another matter. He has to decide if he even wants to remain as an MP yet. The pay is piss poor by his standards and some work is expected in return. In the meantime plenty of shows will be willing to interview him to ask the questions he doesn't like - even Phil and Holly don't have to show him any deference now he is not PM. If he wants to stay relevant he will have to face people - expect a huge run on fridge locks if there are any indications that he wants to make that comeback
Bill
Moderator
they will.
people dare not vote Labour . at my time of life they can't hurt me but I have never voted for them and never will, regardless of which loon is leading the Tories..