Warning. Hunt's tax includes loopholes to incentivise energy firms to invest in new fossil fuel infrastructure, keeping 73% of the profits that they would have made had it not been implemented. Private interests own Govt and your very lives. #GTTONow
bylinetimes.com/2022/11/24/fos…
Hunt to increase health and education budgets in the run up to the GE. This will mean significant real-terms cuts to the public sector in the coming years. Add Brexit deregulation of +4,000 EU laws and real pain for the majority of citizens is coming fast.
bylinetimes.com/2022/11/17/all…
This vile money sucking Govt want to batter, humiliate and kill its own citizens, their contempt for the public sector is stealthily planned but the impacts will be viscerally felt across the entire welfare state. R/w #Libertarian policies are a weaponized disease of democracy.
Not everyone will be hit equally however. Buried in the documents released alongside Hunt’s statement is news the surcharge on bank profits will actually be cut from the planned 8% to 3% next year. That means more than a billion pounds in tax savings for banks every single year.
This is how the Tories aggressively deploy economic terrorism, they lie, they say they are compassionate, but we know it's all BS. They thrive on absolute power, a totalitarian Govt run by merciless far right think tanks like the ERG and IEA, they are despicable, degraded thieves

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with EuropeanPowell

EuropeanPowell Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @EuropeanPowell

Nov 22
While Labour and Tories double down on making Brexit work, read this piece on 2 flagship free trade deals with Japan and Australia that have dismally failed.
Performative BS, prosperity myths will install corporate hegemony on a deregulated post Brexit UK.
bylinetimes.com/2022/11/15/bri…
George Eustice. “I no longer have to put such a positive gloss on what was agreed. The Australia deal is not actually a very good trade deal for the UK. Truth of the matter is the UK gave away far too much for far too little in return".
George Eustice. "We did not actually need to give Australia nor New Zealand full liberalisation of beef and sheep. It was not in our economic interests to do so. And neither Australia nor New Zealand had anything to offer in return for such a grand concession.”
Read 11 tweets
Nov 17
It's happening. Musk, Thiel, West, Trump, Flynn, Bannon, rallying their libertarian network in the US & UK igniting support of the global wrenching against central banks and perceived “communism.” End of days, like Sachs did in the USSR, enabling Putin. Corporate fascism👇🏻
'This network cares little about institutions or politics; they aim, like Clausewitz, to achieve through economic and information warfare that which cannot be achieved through politics. This is why they defy, defile, and denigrate institutions at every opportunity'.
'The end of state sovereignty; Sacha Stone explicitly rejects the US constitution “I don’t venerate it” making his tours courting US “patriots” all the more concerning'. Consider Mogg's 'restructuring' of sovereignty post Brexit mimics global patterns of monetized coups on Govt's
Read 5 tweets
Nov 14
Trade peace not trade war. Free trade zealots, the real operators behind Brexit despise protectionism and Govt intervention. Disorder and chaos, a manufactured recession, the UK relegated to a capital hungry economy now signals it's desperation for venture capitalists to seize on
The IMF, WTO, World Bank are focused on commitments to r/w libertarian ideology, the Govt in thrall to this enforces austerity as actual policy, on the back of national and international crises. Why? To lure dubious investors into a deregulated free market economy. #Libertarian
The UK under these conditions cannot defend itself from malign private interests, the only way #Brexit actually functions is to underscore corporate hegemony/bullying and the myth of trickle down economics, perpetuated for generations. #GeneralElectionN0W #GTTONow
Read 9 tweets
Nov 13
“Voter suppression straight out of the American right’s playbook”
Let's see if this gets flagged by the new right wing Twitter corporate regime, remember, free speech is only free for fascists in 2022! Subscribe to @BylineTimes NOW!
bylinetimes.com/2022/11/07/vot…
@BylineTimes Saudi Prince Alwaleed bin Talal bin Abdulaziz, Qatar, and Dorsey), all interested in challenging US$. Musk & Dorsey are major Bitcoin fanatics, and believe it’s the future of money. Saudi Arabia and Qatar have expressed interest in displacing the$ as the world’s reserve currency
@BylineTimes There are terrifying consequences for this libertarian end game move on Twitter, the enforcers are all involved in an anti-democratic movement of oligarchs intent on reshaping the world economy to bypass the 'oppressive constraints of democracy'
bylinetimes.com/2022/11/07/mus…
Read 8 tweets
Nov 13
"For every action, there is an equal and opposite reaction"
For every deficit in the economy there is an equal and opposite surplus, if one part of the economy is paying out more pounds than it's receiving, the other part is receiving that many pounds.
Deficit is an illusion. MMT
The horrifying thing here is that the billions stolen by this Govt for PPE to vanity projects, to astronomical profits for Big Tech/Oil/Pharma/Tobacco/Amazon et al to rigging tax laws for political power means you will pay for that gaping hole left by the libertarian right.
This monetized coup makes flesh the prosperity myth overseen by pure venal political and economic power grabs during crisis. Govt announcing spending cuts matches the amount of profit that corporate hegemony has stolen, there is no lack of money, it's just unequally redistributed
Read 5 tweets
Nov 11
One of the rights biggest hurdles is to sway the intellectuals/college educated to their ideological form of governing. They failed many times over the years, but here's the thing wealthy libertarians have been buying up educational curricula that shut out all traces of leftism.
To do this the right sought out free market advocates and economists to help conquer politics via books like Intellectuals and Socialism, The Road to Serfdom, The Virtue of Selfishness and more recently in the UK, Britannia Unchained and The Sovereign Individual
All of which are essential reading for the +450 r/w think tanks in the world who claim to be non profit and of charitable status yet operate as a party within a party holding massive influence over Govt policy making. Eg @iealondon
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(