World News | Forum | UK News | USA News | Global News | Political News | Sci-Tech News | War & Terrorism News | Sports News | Multimedia | Set Homepage
Forum
Latest News
RINF Forum
Translate: Translate to EnglishÜbersetzen Sie zum Deutsch/GermanПереведите к русскому/RussianΜεταφράστε στα ελληνικά/GreekVertaal aan het Nederlands/Dutchترجمة الى العربية/Arabic中文翻译/Chinese Traditional中文翻译/Chinese Simplified한국어에게 번역하십시오/Korean日本語に翻訳しなさい /JapaneseTraduza ao Português/PortugueseTraduca ad Italiano/ItalianTraduisez au Français/FrenchTraduzca al Español/Spanish

Why can’t energy firms pick up the bill?

Wednesday, August 27th, 2008

Demands grow for windfall tax as fuel companies rake in record profits

Socialist Worker | “British economy grinds to a halt” cried the headlines last weekend. Charles Bean, the deputy governor of the Bank of England, said the current economic downturn could “drag on for some considerable time” – especially since there always seemed to be “another grenade” waiting to explode in the financial markets.

“We’ve got our fingers crossed that things will improve,” Bean added. Most people might expect a little more reassurance than that. In the good times the bankers told us that the free market ruled. Now they admit that its workings are down to chance.

A recession will bring higher unemployment and further attempts by bosses to cut wages in order to maintain their profits. Meanwhile they are going full steam ahead with their own prices rises on everything from water to food to public transport.

Gas prices have doubled since 2000. Electricity has gone up by nearly two thirds over the same period. Every week new figures show price rises that will hit working people and the poor the hardest.

Around 80 Labour MPs have now signed a call for Gordon Brown to impose a windfall tax on the big energy and fuel companies. That is the very least he should do. These firms have been forcing up prices while still raking in huge profits.

A recent poll showed that 70 percent of people believed their household economic wellbeing had got worse over the past year. Only 5 percent said things had got better. Higher taxes on the corporations – including a windfall tax – would begin to redress this.

But there is little sign that Brown will take notice of the plea from his own party’s MPs. Nor is he likely to listen to campaigners, trade union leaders, local councillors and academics who have backed the call for a windfall tax.

The fact is that Brown is too frightened of upsetting big business and their friends in the media. In every policy area he has stuck closely to the path mapped out by Tony Blair – even though this has led to a collapse in Labour’s support.

Brown may pay the price for his refusal to help those who elected him. But we need to make sure it’s the big companies that pick up the bill – not the poorest and working people who are being expected to pay for this crisis.

£3 billion

the profits of energy suppliers, up from £557 million in 2003

100 percent

the level of gas price rises since 2000

6.8 million

households are in debt to their energy suppliers


Have Your Say: Why can’t energy firms pick up the bill?
Please read our posting guidelines before posting.
Alternatively you can discuss this report here.

4 Responses to “Why can’t energy firms pick up the bill?”

  1. frankie
    Posted: Aug 28th, 2008 at 1:37 pm

    The poor and elderly will starve or freeze - that’s what they want! The NWO determination to depopulate the World is here in GB now. Big business and big banks rule the planet and will do anything to secure their profits and the likes of Brown and Blair are in their pockets for their own gain. It is disgusting, sickening and inhumane.

    Reply | Quote selected text | Link to this

  2. V
    Posted: Aug 28th, 2008 at 4:08 pm

    As I recall, the truth movement have been warning of this precise strategy for some time.

    Enjoy your starvation death and destruction.

    My belly will be full.

    Reply | Quote selected text | Link to this

  3. Mad Boffins Clone
    Posted: Sep 16th, 2008 at 10:41 am

    TO Stop being exploited over oil - read this:-

    Coal is fossilised bio material, some oil is also the juice of that fossilised bio material, indeed you can make oil from coal easily.

    But here is the information you need to know if you are not to be TAX raped and Buggered by the oil Mafioso.

    At school and college and indeed University you are fed the 17th century Hypothesis that oil is solely a fossil fuel just like coal.

    Well, this is for the most part untrue, but is true in part (not a total lie but enough of a lie so you can be exploited).

    Here is a more accurate description of were most of the oil originates:

    Firstly you need a 101 in Anaerobic bacteria.

    There are micro organisms which when given ideal conditions multiply very quickly. Some micro organisms can double in number every 10 minutes provided they have ideal conditions.

    Some can consume plastic, rocks, rubbish wast, you name it, they can use it as a nutrient resource.

    One Algae in particular is 2/3 vegetable oil.

    Capped supposedly dry wells were found to regain pressure in the 70s, it was later understood why, since then the oil companies and governments have decided not to bring the rest of us in on this new found discovery.

    Anaerobic bacteria which live in the ground absorbing nutrients from the rocks, enjoying warm conditions from the gravity induced thermal vents and obtain water and other essential nutrients from volcanic activity and surface precipitation - produce oil.

    Oil will never run out so long as you allow the community of oil producing micro-organisms the essential nutrients and conditions they need to thrive.

    - just thought you should know so you can no longer be exploited.

    Reply | Quote selected text | Link to this

  4. Ben Gaule
    Posted: Oct 30th, 2008 at 5:38 pm

    Now is the time to nationalise all major industries and banks. This would give the goverment the money needed in the long term to pay for the present economic crisis. Bills to households could be halved and still the goverment would make a massive profit. Why is there such a loathing in this country to nationalisation? The only people who benefit are the ‘fat cats’

    Ben Gaule

    Reply | Quote selected text | Link to this

RSS TrackBack URL


Related News

This entry was posted on Wednesday, August 27th, 2008 at 5:01 pm and is filed under Breaking News . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Thanks Guys Last post by Thinking Man's Idiot @ 12:39 PM

Gaza protest hit with ban (That's what they think, eh, boys n girls)? Last post by ajit8 @ 12:18 PM

Were is Osama? Did the US/UK/Isaeli bullshit machine forget something? Last post by Unregistered @ 11:54 AM

For Zing Last post by loki @ 11:26 AM

The Secret saved my life! Last post by loki @ 11:15 AM

UFO hits wind turbine Last post by loki @ 11:04 AM

Venezuela reinstates oil program for the needy in U.S. Last post by loki @ 09:08 AM

Union's proposed Israeli ban not anti-Semitic: academics Last post by loki @ 08:54 AM

Venezuela expels Israel envoy over Gaza attacks Last post by loki @ 08:48 AM

9/11 Truther To be Added To UN Terrorist List? Last post by PaulStott @ 08:39 AM

Go to Forum | Latest Topics

Forum

Network This Report

These icons link to social bookmarking sites where readers can share and discover new web pages.
  • del.icio.us
  • Technorati
  • Digg
  • StumbleUpon
  • Slashdot
  • Reddit
  • YahooMyWeb
  • Fark
  • Netscape
  • Furl

Email This Page To A Friend
Latest Headlines

RINF Advertising Archive
TOP NEWS DISCUSSIONS
LATEST NEWS DISCUSSIONS
LATEST FORUM TOPICS
Rallies to protest Gaza bombing

Why You Should Delete Your MySpace Account

Private firm may track all email and calls

An Israeli War Crimes Tribunal

Holly commented on:
Rallies to protest Gaza bombing
Peter - you are an individual who has obviously suffered from a brutal loveless upbringing. You have the same...
Continue Reading & Reply

Dan Dare commented on:
The Qassam rockets myths
Phil (Jan 5th, 2009 at 12:08 am) wrote: “in the military here in the United States we are taught be sure of...
Continue Reading & Reply

Dan Dare commented on:
Private firm may track all email and calls
JacquiBoot Smith is a Nazi Bitch who wants to lock everything down under a risk aversive,...
Continue Reading & Reply

Andrew David Taylor commented on:
Anthrax Coverup: A Government Insider Speaks Out
To. Congressman Bob Goodlatte From: Andrew David Taylor, 789 North Augusta...
Continue Reading & Reply

Activism & Protest News | Business News | Civil & Human Rights News | Environmental News | Media News | Globalisation News | Web Development News
ADVERTISEMENTS
SITE MAPS
Web Desing & Hosting UK , USA, Europe

WOWEB - Web Design

FAST GATEWAY - Web Hosting

INFOTX - Web Hosting Guides and Resources


ASHLEY GUEST HOUSE - Morecambe Guest House


Skin up marijuana cannabis weed forum
Linux Web Hosting

Never Be Lied To Again!

Subliminal Secrets Exposed

Holographic Creation: Your Own Reality


Masonic Secrets Revealed


What You Aren't Supposed To Know


Conspiracy DVDs Cheap DVDs
Debt Consolidation
7/7 Activism News Afghanistan Alternative-Energy Art Barack Obama BBC Big-Brother Bilderberg Biometrics Bush CCTV Censorship CIA Climate-Change Cover-Up Cults Culture Database-State David-Hicks David-Ray-Griffin Debt Democrats Demos Drugs Education Entertainment Environmental News EU False-Flag FBI Fraud Free-Speech Freemasons G8 Global-News Global-News Globalization Guantanamo Health-News History ID-Cards Internet Iran Iraq Israel John McCain Law Marches Media News MI5 MI6 Microsoft Military MoD Money Music NASA Neocons New World Order NSA Oil Pakistan Podcast Police-State Political News Propaganda Reviews RFID RINF Rumsfeld Science Science & Technology News Secrecy Security Slavery Space Sports Spy Spying Stephen-Lendman Technology Terrorism Tony-Blair Torture TV UK-News UN USA- USA-News Video Voting war War & Terrorism News Warfare Web Development News White-House Wolfowitz World_News Yahoo
2003 - 2005 Archives | 2005 - 2007 Archives | 2007 - 2008 Archives | Current Archives | Past Version
About | DVD Store | Opinion | Reviews | Special Guests | Webmasters
The views expressed in the RINF news wire and newsletter are the sole responsibility of the author (s) and do not necessarily reflect the views of the webmaster.
RINF.COM: Breaking News & Alternative Media is Copyleft - Copy & Distribute Freely. News Forum