These are my links for September 1st:
- Roy Hattersley: It's a windfall. Now share it | Comment is free | The Guardian - Agreed
- Larry Elliott: Alistair Darling should be praised for his candour | Comment is free | guardian.co.uk - Well said Larry
- FT.com / Companies / Energy Utilities Mining - Big energy companies determined to resist £1bn fuel poverty plan - It's straightforward: it's greed against need. Their greed is paramount in their view, so the need of others needs statutory backing.
- Economic View - Is History Siding With Obama’s Economic Plan? - NYTimes.com - "an Obama victory in November would lead to faster economic growth with less inequality, while a McCain victory would lead to slower economic growth with more inequality."
It doesn't leave much of a choice, does it?
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Re: Energy company greed.
It is not just about greed is it? As you point out they are owned by Spanish, French and German companies. Will they/Are they being asked to do the same for their respective domestic populations? If not, why should they do it for the UKs Fuel-Poor? They will probably argue that he UK took the energy cash up-front when selling these “companies national interest/national well-being” off. Now we pay the price. Roy Hattersley has came close but probably cannot say it. If times are to be tough in England, English companies would surely be more like to stiffen the lip and take the hit in the national interest.
Give these companies an ultimatum – Voluntarily or Tax.
I would prefer the voluntary route as it would cut out the inevitable umpteen layers of inefficient government collection and distribution.