The Conservative Party/Government

[johnnytapia]

Nobody heard him, the dead man,
But still he lay moaning:
I was much further out than you thought
And not waving but drowning.

Poor chap, he always loved larking
And now he's dead
It must have been too cold for him his heart gave way,
They said.

Oh, no no no, it was too cold always
(Still the dead one lay moaning)
I was much too far out all my life
And not waving but drowning

 

[Ifwecouldjust.......]

Home truths in an epic burn

If only she was an MP South of the border.

 

[blueinsa]

If only she was an MP South of the border.

A rabid nationalist.

She made an excellent speech right up to the usual “f” word bit but I have to smile at posts in this forum wishing she was an MP down in England given the hatred for nationalism.

 

[Ifwecouldjust.......]

A rabid nationalist.

She made an excellent speech right up to the usual “f” word bit but I have to smile at posts in this forum wishing she was an MP down in England given the hatred for nationalism.

Agreed .... but at least she stands by her beliefs and principles.

 

[leithblue]

Can someone explain the hesitancy to have a windfall tax on energy companies in case they invest less? If they invest more of their income, doesn't that reduce their profit anyway?

(And that pic of Branagh as Liar Johnson is freaky.)

The argument is that could EITHER pay a windfall tax OR invest to ensure their profits in their future.

Because the Shell board will happily not invest and willingly wither away and die of course...

Reality is they can afford both, have access to cheap borrowing and are constantly investing to ensure their gravy train never leaves the track anyway. It’s not like they’d decide to shut up shop if they’re taxed more.

 

[HelloCity]

 

[bluethrunthru]

Can someone explain the hesitancy to have a windfall tax on energy companies in case they invest less? If they invest more of their income, doesn't that reduce their profit anyway?

(And that pic of Branagh as Liar Johnson is freaky.)

If they have no spare cash how can they continue to make payments to the Tory Party and to Tory MP's campaign funds as well as pay themselves huge bonuses...... ?

 

[inbetween]

Can someone explain the hesitancy to have a windfall tax on energy companies in case they invest less? If they invest more of their income, doesn't that reduce their profit anyway?

(And that pic of Branagh as Liar Johnson is freaky.)

It hasn't really got anything to do with future profits or investment. If they announced a windfall tax then what would really happen is the share price of these companies would be hit. The share price never does well by reinvestment or even profit, it's more often very closely tied to the expected dividend, a suggested dividend can go up or down usually by profit but that's not the only factor.

Don't underestimate the power of hedge funds and the like who invest and rely on huge dividends from these companies. It's very likely too that your pension fund is invested in these kind of dividends so it does have some payback but it only really helps people who have serious money tucked away.

Sunak will know this very well and he will happily resist such taxes because he used to work for a hedge fund.... The one thing Sunak has managed to do is fool everyone into thinking he's some millennial moderniser hipster but the reality is unfortunately he's just a banker.

 

[bluethrunthru]

Sunak will know this very well and he will happily resist such taxes because he used to work for a hedge fund.... The one thing Sunak has managed to do is fool everyone into thinking he's some millennial moderniser hipster but the reality is unfortunately he's just a banker.

I am sure the Lord Snooty tribute act will have had a word in his shell like too

 

[bluethrunthru]