Will a 40% tax on oil and gas companies reduce investment from about 13 billion down to 2.5 billion?

 Dear Rachel Reeves MP,

As Chancellor of the Exchequer, you will impose a windfall tax of almost 40% on oil and gas companies. 

Reports indicate that investment in the UK of the said oil and gas companies will fall from about 13 billion down to 2.5 billion and that therefore in coming years the tax revenues will be reduced accordingly.

When such tax revenues fall, how do you plan to replace oil and gas falling tax revenues?

I am also sending this message to my Member of Parliament, Helen Hayes MP, because I am very curious and very much interested in knowing about Plan B, if Plan A reduces tax revenues, what plans are in place to find tax revenues to replaced oil and gas tax revenues?

This is a very relevant question when you are about to implement a new state of austerity because we are talking both about tax revenues, investment and energy prices. If less oil and gas are produced, will this push prices up and therefore also push consumer prices up (inflation)?

Workers working in the oil and gas industries are highly especialized workers whose jobs are going to be in danger. We are talking about 35,000 highly trained individuals. If investment falls, it is also expected that unemployment will rise. Is this something that you have taken into consideration?

This could have a domino effect regarding industries that are closely linked to oil and gas industries. Is this something that you have taken into consideration?

Best regards,

Karl Hohenstauffen 

Gone with the wind: Where shall I go? What shall I do? Frankly, my dear, I don't give a damn.

The now former Home Office Secretaty was expressly asked by the Prime Minister not to make a certain statement and she, ignoring the concerns of the Prime Minister, went ahead and made the statement.

Direct consequence? She is now out of a job. She left Rishi Sunak with no choice. She had to be sacked because she was underming the authority of the Prime Minister.

Now, as a backbencher, she can say whatever she pleases as long as she does not get herself in any other mess that could lead her to lose the party whip for bringing the Conservative Party into disrepute. After her dismissal she stated that in coming days she will have something to say. Well, it will depend on what she says and the way in which she says what she says. She is desperately to be controversial in order to raise her profile, but she is managing to raise her profile for the wrong reasons. Saying outrageous things that promote violence is not the right course of action. Ignoring the authority of the Prime Minister is not the right course of action. She aligned herself with those who are on a collision course with the Conservative Party.

The arrival of David Cameron in difficult times when it comes to geopolitical issues sends a clear signal. Rishi Sunak is now trying to surround himself with heavyweights and the former Prime Minister David Cameron might be invigorated after a necessary vacation after the battles that he himself had to fight to keep the Conservative Party together during the Brexit war. Let's see what David Cameron can put on the table to salvage a struggling Conservative Party.

It is an interesting time with David Cameron as Foreign Secretary and Boris Johnson as GB News presenter. What will Boris Johnson have to say about the new Cabinet?

  

Suella Braverman: Asset or Liability? There are profiles and profiles

 

Suella Braverman: Asset or Liability? Never try to outshine your boss.

The news that 10 Downing Street has not supported what was said by the Home Secretary in a controversial article might tell you that the clock is ticking for Suella Braverman. And the word 'controversial' perfectly describes Suella Braverman that has over-stepped the mark not once, but several times. The role of Home Secretary can be a poison chalice for many reasons, without adding what Suella Braverman has been adding in recent days. Her remarks about 'homelessness being a lifestyle choice' left many, from all political persuasions, scratching their heads in disbelief. She has appeared as insensitive, careless and extremely divisive. Not the ingredients for a country that faces enormous divisions caused by external events and not the ingredients for a country in which a growing number of people are struggling to make ends meet.

This happens at a time when Prime Minister Rishi Sunak is facing an uphill struggle to inspire confidence and hope not just across the country, but also inside his own Cabinet and his own political party, with cabinet ministers resigning and saying that they will not be standing at the next General Election and others not willing to stand because they feel that they will face a disastrous defeat, with MPs being forced to resign and/or being deprived of the party whip due to wide range of scandals, the Conservative Party is not in good shape. You can try to raise your profile, but you might not be doing it for the right reasons and/or in the right way.

When it comes to the media, it feels that a growing number of MPs and former MPs have been joining GB News and this includes a former Prime Minister, a former Cabinet Minister and the present Deputy Chairman of the Conservative Party. Is there enough space to include Suella Braverman as television presenter? With her statements, she has even surpassed Nigel Farage and this is an act hard to follow. 

Thirteen years is perhaps too long a time for a political party to stay in power without suffering the natural consequences. Too many excesses, too many scandals, too much division. Too much contempt for ordinary people and for ordinary peoples' needs and realities.

Next year, there are major electoral contests: the General Election and the Greater London Assembly Elections, elections of the devolved authorities in Scotland, Wales and Northern Ireland. The outcome of these elections is by no means guaranteed. The two major political parties have crisis of their own to deal with. Life has not been easy for a growing number of ordinary people and political uncertainties threaten to make life even harder. The time of moderate prices and predictability is over. 

 

The Money Bubble: Why politicians are completely out of touch with peoples' everyday realities

When peoples are more familiar with spreadsheets that they are familiar with ordinary people bad things happen. Look around the cabinet. What do you see? They don't have a clue about what it takes to live the life of ordinary individuals that always have be chasing rabbits, always living with the uncertainty of being able or not being able to pay bills.

Because they are totally out of touch with realities of John Smith and Mrs Smith they go around talking about policies that are good for posturing and self-adulation instead of getting to grip with the real needs of those they supposedly stand to represent. By elections will be lost, local elections will be lost and ultimately a General Election will be lost. If you trully believe that falling into desperate situations and having to live on the streets is a 'lifestyle choice' then nothing else needs to be said about how out of touch you are.

Housing lists for social accommodation get longer and longer, the cost of rented accommodation is beyond most peoples' means as are unaffordable mortgages. Then you decide to throw people a few bones to supposedly allow them to cope with rising utility bills and consider that by doing so you are some kind of Robin Hood. No wonder qualified and newly qualified teachers are leaving the profession. They are supposed to be employed to teach and end up having to cope with worsening social situations in the classroom.

I can't wait to see a new General Election. I want everybody to get in touch with reality. As I have stated in many articles, I keep asking about the Dream. What is the Dream? All we get is procrastination, posturing, self-adulation and false promises.

Coming to the issue of migration and processing of applications, is there a backlog when dealing with applications that leads to all kind of irregularities? Don't have enough staff working at the Home Office? What are you waiting for? When will you employ enough staff to deal with the backlog when things get worse and worse? If you don't have the will to do what needs to be done, step aside and allow somebody else to do it.

Suella Braverman: to say that people that live on the streets have made a lifestyle choice is a Marie Antoinette moment

 

To say that people that live on the streets have made a lifestyle choice is a Marie Antoinette moment

What the Home Secretary has said is nail in the coffin of the Conservative Party. Insensitive, careless, brutal - adjectives that perfectly describe Suella Braverman's attitude towards a social problem that has been getting increasingly worse.

In the meantime, Conservative MPs keep making headlines by losing the whip of the Conservative Party and by-elections are being lost towards the greatest challenge ahead in May 2024. 

I have asked what is the Dream. There is no Dream. What the country is being offered is an absolute nightmare and this includes the imposition of a totalitarian state in which anybody who rises to criticize what is going wrong will be publicly hanged. Even for the most fervent members of the Conservative Party what is happening is absolutely intolerable. I reckon finding people willing to stand for the Conservative Party in elections will be increasingly difficult at a time when many of the big guns of the Conservative Party are not willing to stand. The Chancellor of the Exchequer Jeremy Hunt MP has already indicated that he will not be standing - some say for fear of losing like Michael Portillo. Earlier, the now former Secretary for Defense Ben Wallace MP also indicated that he will not be standing.

Once again, there is no Dream on offer. Realities on the ground tell us that what is on offer is an absolute nightmare. Insensitive, careless and brutal - once again the image that the present government is showing to members of the public. The now mythological 'Give them cakes' has been translated into something extremely real when winter approaches. Suella Braverman has indicated that 'tents will not be allowed'. So now people who have no access to housing because housing lists for those waiting for accommodation get steadily longer are being handed a death sentence.

The idea of passing laws that penalize people for criticizing what is happening in Britain does not belong in a democratic society. What next? People sent to jail for criticizing the government? 

Suella Braverman MP: deeply aware of the geopolitical critical importance of protecting British borders

 

The concerns regarding AI and digital piracy seem to have been overemphasize while the real present needs concerning the protection of British borders seem to be ignored by Liberal and Marxist politicians that willingly or unwittlingly confused Human Right with geopolitical security needs.

Her detractors don't have a clue about what they are talking about. As the daughter of immigrants that had to do things the hard she knows more than the champagne socialists and specialists of wokism.

For all the talk about about equality and rights of minorities, the main culprits - the Labour Party - constantly work against what they preach and even accuse non whites of not being black enough because they dare to challenge the falseties of the Labour Party.

We don't need redistribution. We need hard workers with creativity that do not need to be supported by state charity. We don't need a system that rewards mediocrity and inferiority. We need a system that recognizes greatness and superiority based on creativity and hard work.