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Showing posts with the label Vince Cable

A sniff of power?

  http://www.theguardian.com/politics/2015/sep/18/vince-cable-calls-for-labour-and-lib-dem-centre-left-mps-to-unite Vince Cable calls for Labour and Lib Dem centre-left MPs to unite      Those were the days. Vince Cable leaving No.10     The Liberal Democrats sniffing around because they can scent a slight possibility of getting their cars, perks, increased salaries and a seat at the table again. History tells us that this bunch of hypocrites are interested only in the illusion of" power" granted to them when the got into bed with the Tories to prostitute their principles for "position". Cable and his chums will say and do anything to regain the lost kudos of office. There may well be some in the PLP who would feel more at home with Cable and his cronies, but would they actually have the nerve to publically admit it? Incidentally, where is Farron and what does he say about his colleague's suggestion? The Liberal Democrats s...

A rip off and sale of a public asset in the name of political dogma.

  http://www.theguardian.com/uk-news/2014/jul/11/royal-mail-sale-lost-1bn-says-select-committee Royal Mail sale under-priced by £1bn Royal Mail Rip-off It is now officially confirmed, what many of us have been arguing for over a year "the government worried too much about pushing the privatisation through at the expense of getting the best price". Consequently, this government in general and Vince Cable in particular, have given away a public asset to their friends in the city and the British taxpayer (and the people generally) have been the victims of a massive fraud instigated to achieve a political objective. Cable, as the architect of this sell off should be sacked, either because he is/was incompetent or he was part of the Conservative conspiracy to put political dogma before national interest.

Vince is on the case.

  http://www.theguardian.com/politics/2014/jun/25/scottish-power-warranty-cameron-cable-business-secretary?commentpage=1 Business secretary will address Scottish Power scandal Business secretary Vince Cable   We may all rest comfortably in our beds. Vince is on the case. He will deal with these miscreant Scottish Power people in the same way as he has dealt with all the other privatised power companies that have been ripping people off for the past 30 years. He will take up this long running and still outstanding "cashback promises" matter with Scottish Power, as he has attacked other malpractices in respect of exorbitant price hikes, failure to pass on reductions in wholesale prices of energy, bad service, complicated pricing structures etc. Cable and other gang members on government front bench Vince can be relied on to sort out the problem. He can also be relied on to give away public assets at knock down prices to his friends in the city and to e...

Replace Clegg with Cable? A poor option from a poor selection.

http://www.independent.co.uk/news/uk/politics/lib-dem-mps-in-bid-to-oust-nick-clegg-after-disastrous-election-results-9432134.html     Lib Dem MPs in bid to oust Nick Clegg after disastrous election results   Protest against leader Nick Clegg, could see Vince Cable take over. An almost unbelievable prospect. Clegg, an unprincipled hypocrite and opportunistic politician, who betrayed not only his party in the country, but also every principle that the Liberal Party ever stood for. In his grubby quest for a place at the cabinet table, he has demonstrated on numerous occasions over the last four years, an unswerving loyalty to a (predominately) Conservative government who have created divisions in society, unseen for almost 100 years. The consequence of the past four years of his duplicity and in part, that of the LibDem parliamentary party, has resulted in the rejection of the Coalition junior partner at the ballot box. The LibDems ...

"Theives" gain a 13.3p dividend as Royal Mail Profits rise to £430million.

  http://www.theguardian.com/uk-news/2014/may/22/royal-mail-annual-profits-rise-competition-rivals Royal Mail annual profits rise Royal Mail sorting staff   Operating profit after one-off costs rose to £430m from £403m a year earlier on revenue up 2% to£9.46bn. In its first set of annual results since last year's flotation, the group announced a 13.3p dividend for the second half of the year. Another "little" bonus for the the thieving bankers, hedge funds and "investment" brokers, aided and abetted by  the duplicitous Cable and the other ConDem government conspirators who stole this organisation at the time of privatisation and defrauded the British public of £ millions.

The Royal Mail privatisation rip off, will not be investigated. Are we really surprised?

  http://www.huffingtonpost.co.uk/2014/04/28/royal-mail-fca-margaret-hodge-_n_5226303.html?utm_hp_ref=uk Royal Mail Privatisation Will Not Face Probe, Says City Watchdog   Business Secretary Vince Cable and Business Minister Michael Fallon FCA chief executive Martin Wheatley "FCA chief executive Martin Wheatley told MPs that the watchdog had seen no evidence of regulatory failure, despite being unable to say if the process - which saw Royal Mail's share price soar 38% in the first day - had entirely complied with the rules as it had not launched an investigation." The government, certainly the Tory part of it, "gave away" Royal mail at a knock down price to friends in the city. The "sale" of a few shares to the workforce at Royal mail was no more than a token gesture. It is hardly surprising that the scam privatisation will not be probed by the Financial Conduct Authority. Like the man said, "They are a...

Royal Mail to sack 1300 people.

http://news.sky.com/story/1231405/royal-mail-confirms-plans-to-axe-1300-jobs Royal Mail Confirms Plans To Axe 1,300 Jobs Royal Mail sorting staff The government sale of Royal Mail to their "friends" in the city for a give away price was predicted at the time to be bad for Royal Mail, bad for its customers and most importantly bad for the people employed by the organisation. Today's news that 1300 people are to be sacked comes as no surprise to those of us who have opposed the whole concept of privatisation for many years. The pillaging of Royal Mail is just the latest example of Tory plundering of public assets. The sacking of the 1300 will not be the last.

Royal Mail share allocated to "advisers" rise in value by £29m since floatation.

  http://www.theguardian.com/uk-news/2013/oct/25/royal-mail-shares-record-price Royal Mail sell-off advisers allocated millions of shares City advisers were given the opportunity to buy 13m shares in Royal Mail   The "advisers" including Goldman Sachs and UBS, advice to Vince Cable, results in the government selling the shares at a "discounted price" of £3.30. The "advisers" are allocated millions of shares which are now trading at £5.50 per share. There is something very smelly about the whole privatisation of Royal Mail scam which has made hedge funds (one of which is now the major shareholder in the "new" Royal Mail), institutional investors, speculators and "advisers" all a very great amount of money, at the expense of the British taxpayers and the people who are (currently) working for Royal Mail. Vince Cable and the ConDem coalition government, have some very serious questions to answer about this latest rip off of p...

The Great Royal Mail robbery. Taxpayers "shortchanged" as Royal Mail is sold off at a knockdown price.

http://www.independent.co.uk/news/uk/home-news/royal-mail-flotation-thousands-cash-in-as-shares-soar-38-on-first-day-8873500.html Royal Mail flotation: Thousands cash in as shares soar 38% on first day   Leaving aside the obscenity of selling off publicly owned assets to speculators,hedge funds, finance institutions and other friends in the city, the "Great Mail Robbery" demonstrates how government duplicity can ensure that many people can be hoodwinked into believing that privatisation is "good for the tax payer and good for Britain". No matter what Vince Cable may say during his television interviews on the subject, the sale price of the Royal Mail has, more by design than accident, been discounted by at least 30% thus making the offer more attractive to the speculators and losing British tax payers almost £650 million. The surge in the price level, within minutes of the opening of the stock markets, is indicative of an undervalued busin...

Another parasite in the high street?

  http://www.guardian.co.uk/politics/2012/sep/24/vince-cable-small-business-bank1  £1bn to establish a British business bank The existing banking sector has had £ billions of taxpayers money poured into their vaults by government and by the Bank of England's policy of "Quantitative Easing" in order to persuade them to lend to small businesses,  "manufacturers, exporters and high-growth companies that power our economy" and "kick start" the economy. They have failed miserably in this objective. This new "Business bank", will essentially be no different from the existing high street parasites, creaming off the government funds and Bank of England cash injections, in order to improve balance sheets, show huge profits and pay obscene dividends to their share holders. Once again, the British people pay for the excesses of the banks and speculators.

The begining of the end of Health and safety in the workplace.

http://www.independent.co.uk/news/uk/politics/government-plans-to-cut-thousands-of-health-and-safety-inspections-8120984.html Hundreds of thousands of businesses are to be exempted from health and safety inspections under moves announced by the Government today.  This is not "a radical plan plan to curb red tape". It is a plan to expose workers to potential workplace dangers in "hundreds of thousands of businesses" where unscrupulous employers are driven by the greed to make more profit, at the expense of the safety of their workers, who will have no recourse to law. How much these "hundreds of thousands" of companies have contributed to party funds in order to promote this new legislation is a matter of speculation. Do not be confused or pushed into accepting the government myth that these measures are solely  to protect business from "compensation culture" claims. The first and foremost consideration is, as it has always b...