Another idea

Bank nationalisation, with the shareholders being wiped out, has now to be on the cards.

Yep, quite. Get on with it.

An outbreak of teh sniffles is just the excuse we need to nationalise the financial system.

Sorry, did I say excuse? I meant proves the validity of.

But, there is little reason the supporting many energy companies: when we know that they have been drastically overvalued because of the presumption that oil is the basis for our future, when that is clearly not true we should not be seeking to preserve their value now. The time for their nationalisation has arrived so that the transition to the green economy can be taken forward with speed after this crisis is over.

Oh, and nationalise the oil companies.

25 thoughts on “Another idea”

  1. The Nazis confiscated savings accounts and insurance company reserves, in addition to making levies on people who wanted to leave the 1000 year Reich. I wonder if he has been studying his role models again

  2. I do hope that Murphy’s pension pot is as fucked as mine.

    What an absolute fucking suppurating bellend cunt.

  3. @BraveFart

    “What an absolute fucking suppurating bellend cunt.”

    You’re far too kind.

    Have you seen his latest tweet? Calling Rishi Sunak’s £330bn package a ‘trick’ that a ‘shit accountant’ would pull.

    It’s obvious that if Sunak had announced he had a free cure for the virus and a gold brick for everyone that Spud would have criticised him, but using pathetic schoolboy insults at the same time shows just what a twat he really is.

  4. The Meissen Bison

    Come on chaps, fair’s fair, he’s not a well man.

    Knowing that he reads Tim’s blog assiduously, why don’t we show a bit of kindness and make some book recommendations to help him through this difficult time?

    For my own part I have a hugely collectable copy of the DDR statistical yearbook from 1978 which I could wrench from my shelf in the spirit of fraternal self-isolation. The section on per capita consumption of cement in the Potsdam area is especially rousing.

  5. That isn’t nationalisation, that is theft, pure ans simple. Unless he really meant wiped out like the Romanovs in which case it is approaching genocide (Lloyds alone has 2.4 million individual shareholders, Santander 4 million (including some Spaniards), Barclays, RBS, HSBC a few million more).

  6. Oil companies are doomed, therefore the state should buy them in order to hasten their doom? What is he smoking?

  7. I have news for this idiot

    The worlds economy is dependent on oil and will be for many decades into the future despite the snake oil salesmen with their shiny electric cars and renewables propped up with OUR money

  8. Dennis, Whose Own Mental Health Is Never In Doubt

    He really needs to relax… Probably more time needs to be spent with his choo-choos.

  9. I’m disappointed by the daily increase in the body count.

    If it carries on like this, I reckon the GBP is going to smell a rat before the weekend.

    Then, sell Daily Mail stock.

  10. Bloke in North Dorset

    Slightly OT

    We’ve had our son and his fiancé living with us since November while they sort themselves out after a year travelling in South America and SE Asia.

    He rang from work this afternoon to say he was on his way home after meeting someone who was displaying the virus symptoms and had coughed on him*. We evacuated the house and are going to be spending at least the next 7 days living in our motorhome. This would be OK except most campsites are still closed and we need to visit one every 3 or 4 days to dump our chemical waste and get fresh water.

    What a pain.

    * The idiots answered the door to him!

  11. “I do hope that Murphy’s pension pot is as fucked as mine”

    Friend of mine was trying to decide between 2 job offers, one with a govt defined benefit pension scheme and one without but 10% more pay.
    Said this has made it a much easier choice

  12. BniC. I think disappointed because the body count is only going up by about 20 a day. The exponential curve is taking a while to get going, and the man on the Clapham omnibus is going to realise he’s been forfeiting his Liberty for a complete crock of shit.

  13. @BniC
    The DB scheme is probably worth ~25% of salary (depending on age etc). But they’d need to be work there for (at least) several years to get the ‘benefit’, so if it turns out to be a shit job, they’re a bit locked in.

  14. Rocco Siffredi: … Or in front of my camera.. M

    I’m inclined to believe that a box set of select material from your Ely lock-up may shortly be released upon the car-boot market which features excited donkeys, seraphic Toynbees and corpulent quasi-academics from Ely.

    However, leaving the donkey to one side for a moment, resent it though he may, the panting from the remaining cast may only signify excessive political excitement plus an urge for ‘social distance’ above inflamed desire, so you could conceivably end up with a bit of a turkey.

    Gobble, gobble, gobble!

  15. Ritchie will soon be parading the streets wearing a:

    – “The End Of The World Is Nigh – Repent And Give All Your Belongings To The Government”

    I rather liked this, puts the virus hysteria in perspective“>A letter in the Daily Telegraph, from a retired doctor, Dr George Birdwood, of Shipton Moyne, Gloucestershire, who qualified in 1953. It deserves a wider audience:
    ‘I have been reflecting on how we would have reacted to a coronavirus epidemic in those days. The answer is not at all, for three main reasons.
    ‘The Covid-19 virus could not have been identified rapidly enough, if at all. Most cases would have been too mild to attract attention in this season of coughs and sneezes.
    ‘And the small proportion of deaths among elderly people with chronic respiratory disease would have remained much as usual for the time of year.
    ‘It follows that there would have been no alarm or counter-measures. International trade and travel would have carried on as usual. World stock markets would not have collapsed. And governments would not have needed to get involved.
    ‘As it is today, we know too much about the coronavirus for our own good, but almost nothing about treating its victims or preventing its spread.’
    Sometimes a little knowledge really can be a dangerous thing.

    I’m not advocating complacency, but I do worry what we’re seeing right now is well-intentioned over-reaction

    imo the media and Govs are being irresponsible and dangerous with their fear-mongering

  16. Have some compassion for the poor Veggiecarbohydratednessism.
    He is ill, and the delusions of his waking life now look sane, even to him.
    The correct response is: “Yes, Dear. Now rest until you feel better”.

    But there’s something in what he says: the state should immediately nationalise an address in Ely. Without compensation. How can he object?

  17. This is a surprise

    Few have been putting these points more authoritatively than Susan Michie, 65, a member of the Government’s (pre-existing) pandemic influenza advisory committee and Professor of Health Psychology at University College London.
    On the Andrew Neil Show, on Newsnight, on the World At One, to name just three of the many programmes on which she has appeared in recent days, Professor Michie has supported the Government’s policy of relative restraint, with its aim of ‘smoothing’ the graph of coronavirus cases, rather than trying to stamp it out altogether with radical measures — only to face a sudden spike of infection when people re-emerge and re-congregate.
    When Ian Lavery, the hard-Left Labour MP and former President of the National Union of Mineworkers, tweeted that the ‘Johnson strategy’ meant ‘accepting the end of life for many elderly and vulnerable people’, Professor Michie tweeted back: ‘No, the opposite. The idea is to save the lives of elderly and vulnerable people.’
    This spectacle of Professor Michie defending Boris Johnson’s policies (and therefore those of a Tory government) against the former NUM president is extraordinary. And here’s why: although it has never been mentioned in any of the broadcast interviews with the professor, Susan Michie is a leading figure in the tiny British Communist Party, of which she has been a member since 1978.
    She was previously married to Andrew Murray, who, the Mail reported, ‘worked during the Cold War for the Soviet news agency Novosti . . . [and] has written in defence of Stalin and of the despotic totalitarian government of North Korea’.
    Murray left the Communist Party in order to become an adviser to Jeremy Corbyn. His ex-wife, while remaining in the CP, urged its members to support Corbyn. She made a speech to this effect in 2018 to fellow members at the Marx Memorial Library, while standing next to a bronze bust of Lenin. Michie began with the words: ‘We, the working class …’

    Actually, Susan Fiona Dorinthea Michie is the granddaughter of the 2nd Baron Aberconway, an Eton-educated industrialist; and when her mother died in 2007, she left £52 million in her will. (There’s loads of brains in the family, too: her father, Donald, was a brilliant computer science pioneer who worked with Alan Turing as a wartime codebreaker at Bletchley Park).
    I have been trawling Professor Michie’s Twitter feed over the past week or so, to see if there are signs of her true political views. It yielded one remarkable post in which she responded to someone praising China’s extreme measures of social control in dealing with coronavirus.
    Michie tweeted back: ‘China has a socialist, collective system (whatever criticisms people may have) not an individualistic, consumer-oriented, profit-driven society badly damaged by 20 years of failed neoliberal economic policies. #LearntLessons.’

    It is all the more welcome, I suppose, that in her capacity as a senior member of the Government’s Scientific Advisory Group for Emergencies (SAGE), Professor Michie fully appreciates that the Chinese approach of enforced mass detention cannot be applied to a people — the British — who have always put the highest value on their liberties.
    This may apply particularly to elderly folk who, confronted with an instruction to ‘self-isolate’ for many months, will argue they would rather keep seeing their families and avoid loneliness.
    As 91-year-old Rosamund Davies told the Guardian: ‘At my age, the only people whose health I worry about are my children and grandchildren. If I catch this virus and shuffle off this mortal coil, then I’d be perfectly happy.’
    The Prime Minister would naturally sympathise with that fierce independence of mind. So far, in a most unlikely double act with Britain’s only high-achieving Communist, he has held the line against draconian social measures in the fight against coronavirus. I for one will be sorry if our elderly are now ordered (rather than merely urged) to disappear for months — even if it is ‘for their own good’

    Well done Susan Michie for putting country before ideology

    Perspective: In UK ~1,680 die every day Total ‘with’ CV-19 UK Deaths is? Daily death rate this month vs Mar 2019?

    PS Ritchie – wearing a sandwich board proclaiming

  18. the state should immediately nationalise an address in Ely. Without compensation

    After all the ranting about landlords, I’m starting to think he’s renting.

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