Thursday, February 21, 2008

Human stupidity: infinite

I don't know why John McDonnell has not realy crossed my radar before, but obviously he should have.
I think that I was the first MP to call for the nationalisation of Northern Rock, although that is hardly surprising because I have been calling for the nationalisation of the financial sector for 30 years or more.

Well, in that case, you are a total fucking moron—and a dangerous one at that.

I mean, seriously, what the living flaming fuck makes you think that you can run one single bank, let alone the entire "financial sector"? You fuckers can barely shovel lunch into your fat cake-holes without a sodding map.

Let us look at the record of the state, shall we?
  • The NHS: hardly an unmitigated triumph, is it? Expensive, wasteful and with absolutely shit outcomes, it is so fucking amazing that no one else, ever, anywhere, has tried to copy the model.

  • Education: the continual dumbing down of exam standards have ensured that grades mean diddley-squat. And that is for the people who actually get any grades.

  • Utilities: decades of underinvestment have ensured that water pipes leak, we are about a decade years behind the US in terms of broadband provision, and the railways are fucked.

  • Data Security: do I need to point out precisely how fucking shit the state are at keeping our personal details safe? No, I didn't think so.

That's just off the top of my (slightly weary) head; and here's the comment I left at CiF.
Because the state did so very, very well with the utilities, the NHS and education. And, of course, the state's data security policy has been an unmitigated triumph.

You, sir, are a moron. A total moron. Because, let's face it, only a total moron would actually admit to having been a moron for the last 30 years.

And you presume to tell me how to live my life? I despair...

So, having taken McDonnell's first sentence, let us now deal with his last paragraph.
I made the case for public ownership in Another World is Possible - a manifesto for 21st-century socialism - as it is the most rational approach for managing resources in the long-term interest of the entire community. In the absence of that, we need strong regulation - and in the absence of that, we will continue to use public money to bail out private failure.

No, no, no, you utter fuckwit: you are not supposed to use our money to bail out failed private companies; that is the fucking point of private companies. If the shareholders lose out, that's just tough shit.

The only reason that you NuLabour bastards have bailed out Northern Rock is in order to secure your Parliamentary seats, you thieving, lying bastards.

I could fisk the rest, but I cannot be bothered: this man has been wrong for thirty years: the only thing that we can do at this stage is to get him to his alloted lamp post as fast as possible...


Anonymous said...

Your second hyperlink doesn't work because there's a t missing in http.

Newmania said...

Will Hutton puts the case for creeping nationalisation in a more slippery form in the FT. In cash nexus there is some discussion of what Nationalised industries were really for during the 60s and early 70s . In effect they were income redistribution machines and ways of redistributing wealth from the profitable to the unprofitable.
I do not share your faith in the unfettered market though and I really can`t see what choice there was for culpability Brown. Its the failure of the regulatory regime whcih , considering its cost , is so very very irritating.
The problem with this s that the government can , as so often hide in complexity.
You will recall the excuse of off balance sheet PFI initiatives was the "golden rule "....what is it today then ?

Newmania said...

PS Redwood on Northern Dump is beyond brilliant.

Old BE said...

Newmania, the "choice" for Gordon Brown was to heed warnings before this crisis broke, to fix the regulatory regime that he himself implemented on his own terms, and to take some responsibility for this fiasco. As it is, blaming risky mortgage selling in Wisconsin really isn't going to wash.

Anonymous said...

Rail service benefited from being de-nationalised.

oops no it didn't.

Devil's Kitchen said...


Tell me, who built the railways? Was it private companies? Yes, yes, it was.

Tell me, who was it who forcibly nationalised them? And then shut half the fucking branch lines down -- heard of the Beeching Axe, have you? And then realised, too fucking late, that the branch lines were feeding the main lines and that now everyone was simply using their car?

And has, since then, put minimal amounts of money into maintaining the few lines left? And then, when they realised that they had no fucking money to repair or expand said lines, then sold the whole thing off?

And when they sold the railways off, didn't parcel the lines out in the way that they had been before, with providers running both trains and track, but instead decided to give one company a monopoly on the tracks?

The state stole the railways from the private companies, irrevocably screwed them and then decided to sell them back in the most stupid way possible.

That is what the state did to the railways.


anthonynorth said...

You're right, DK, that nationalisation is never the answer, but do you really believe that the mega-corporations of today do a good job?
Globalisation seems to be heading in the same useless way as nationalisation. Time to break them up, stop their empire building and return them to a real customer ethic of service as well as profit.

Anonymous said...

"do you really believe that the mega-corporations of today do a good job?"

One teeny tiny detail: if you don't like what the megacorp provides, buy from somewhere else. If lots of people agree with you, you'll all get what you want pretty soon.

The alternative is to let Broon decide on everything, and if you don't like it - tough, you'll get what he decides you'll get.

Personally, I'll take megacorps over New Labour any day of the week. That even includes British Gas.

anthonynorth said...

NuLa is only here because of the megacorps. It is a political management team, allowed to dabble with this or that as long as it doesn't upset the economy. Just watch the megacorps' media mouthpieces shout out if they do.
Megcorps - Big Biz - is the reason we now speak about totalitarianism once more. And please, drop the tired old cliche of buying elsewhere. That's the luxury of the minority who can afford to do so. And pray tell me where you buy gas other than from a megacorps?
People will move away from them easily if valid alternatives are offered. Where are the young, bright entrepreneurs who will do it? Maybe they'll show themselves if a strong alternative media brought out these points.

Anonymous said...

It is all crap! You people need a revolution, a government by and for those who pay the bills.

anthonynorth said...

And it should begin with a movement towards electing independent MPs to take away the automatic power of the political parties.

Anonymous said...

anthonynorth said ... "Megcorps - Big Biz - is the reason we now speak about totalitarianism once more."

No. Its because of the EU and New Labour.

john b said...

"Tell me, who was it who forcibly nationalised them? And then shut half the fucking branch lines down"

can we have a brief round of
a) because they were insolvent
b) because they were insolvent, please?

Clunking Fist said...

john b, what happens to insolvent companies? They go bust and the assets get sold to another copmpany to have a go. The assets don't disappear.

Politicians need to learn to say no when corporates come begging for money.

niconoclast said...

Old Macdonnel is an arch unreconstructed troglodyte leftoid who did seek nomination for premiership.Clone Prince Brown appears to have done his bidding by proxy.

Devil's Kitchen said...

"can we have a brief round of
a) because they were insolvent
b) because they were insolvent, please?"

Hmmm, from the research that I have been able to do, the companies were not insolvent, although they probably would have been had they continued.

However, even here, the state had a massive role to play. Leaving aside the woeful lack of investment done by the state when it ran the railways during WWI, the biggest damage that it did can be summed up in two words: "common carrier".

I shall write a post on this, I think...


P.S. I still want to be a train driver...

Anonymous said...

"do you really believe that the mega-corporations of today do a good job?"

There is a good reason why some corporations are ‘mega: they persuade people to hand over billions of pounds of money in exchange for the good they do. You might resent the success they have achieved, but do you stop buying from them? Even companies which Mr Kitchen hates, such as Microsoft and Intel, undoubtedly do superb jobs and are far and away better than anything the government would ever have done. There’s a reason why computers are both better and cheaper today than they were 10 years ago: their production is in private ownership. There is also a reason why they are far, far better, and much, much cheaper than they were 10 years ago: there is minimal regulation of them. So yes – the mega corporations do a good job. They are so damn efficient they can even waste time and money on nonsense like CSR to make some of their (other) customers happy.

NHS Fail Wail

I think that we can all agree that the UK's response to coronavirus has been somewhat lacking. In fact, many people asserted that our de...