B304 - Nationalisation of Buses Bill 2010 (Third Reading)
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Re: B304 - Nationalisation of Buses Bill 2010 (Third Reading)
Absolutely, without a doubt, one of the worst things that could possibly be done right now.
You want to pay 90p per share? These are the 12-month highs of the major bus operators:
First: 448p
Go-Ahead: 1,577p
National Express: 489p
Stagecoach: 204p
You are destroying a whole sector of the economy, totally demolishing it. What about people's pensions who are invested in these companies? This is utter insanity, I expected it from the Socialists but not so much from the Lib Dems. -
Re: B304 - Nationalisation of Buses Bill 2010 (Third Reading)
Right, so none of my suggestions were taken on board at all?
This is brilliant... I propose a nationalised system that could actually work... because it does in other countries such as Germany, and you completely ignore it and keep this rubbish?
Hahaha, NO! -
Re: B304 - Nationalisation of Buses Bill 2010 (Third Reading)
Devolved Entity? Of all the patronising language you could use. They are parliamentary institutions not entities. Glad to see that the language of the Raj has not yet fallen out of use from the Lib Dems and Socialists.
Moreover, this is again unconstitutional: the Scots have a parliament not an Assembly. You'd think one day, after all my protests, you'd get it right. -
Re: B304 - Nationalisation of Buses Bill 2010 (Third Reading)(Original post by Teaddict)
Right, so none of my suggestions were taken on board at all?
This is brilliant... I propose a nationalised system that could actually work... because it does in other countries such as Germany, and you completely ignore it and keep this rubbish?
Hahaha, NO!
Actually they were. Have a look at the Miscellaneous section. -
Re: B304 - Nationalisation of Buses Bill 2010 (Third Reading)Sorry Adorno,(Original post by Adorno)
Devolved Entity? Of all the patronising language you could use. They are parliamentary institutions not entities. Glad to see that the language of the Raj has not yet fallen out of use from the Lib Dems and Socialists.
Moreover, this is again unconstitutional: the Scots have a parliament not an Assembly. You'd think one day, after all my protests, you'd get it right.
I personally fail on devolution. Could you PM me to explain how it should be written in that aspect? -
Re: B304 - Nationalisation of Buses Bill 2010 (Third Reading)How is it? It was already part destroyed anyway.(Original post by Norfolkadam)
Absolutely, without a doubt, one of the worst things that could possibly be done right now.
You want to pay 90p per share? These are the 12-month highs of the major bus operators:
First: 448p
Go-Ahead: 1,577p
National Express: 489p
Stagecoach: 204p
You are destroying a whole sector of the economy, totally demolishing it. What about people's pensions who are invested in these companies? This is utter insanity, I expected it from the Socialists but not so much from the Lib Dems. -
Re: B304 - Nationalisation of Buses Bill 2010 (Third Reading)Buses are a natural monopoly and as such should be nationalised.(Original post by Norfolkadam)
Any kind of justification?
Where's the money coming from? What's going to happen to those people who's pensions and investments will be wiped out?
What will happen is that although the fares will most likely decrease - any profits that still come will be used to pay for the Nationalisation. After that is payed for, fares would be reduced to break even levels.
I'm really unsure what you mean about the pensions and investments. -
Re: B304 - Nationalisation of Buses Bill 2010 (Third Reading)Yes it was.(Original post by UniOfLife)
Was anything changed from the Second Reading?
Will any of the proponents bother turning up this time to defend it or do they still have such little regard for the House that they'll just not bother?
And Hi! -
Re: B304 - Nationalisation of Buses Bill 2010 (Third Reading)Considering how little you and the other proponents of this Bill engaged in the debate in the last reading there really is no justification for your smugness.(Original post by Afcwimbledon2)
Yes it was.
And Hi!
Now, let's have some answers. You haven't explained how it is justified to pay just 90p for a share that costs 1,577p. You're estimate is that this will cost at least £9bn, where's the money coming from? How many other bus operators are there? How much do you think it would cost to buy them out?
You've also claimed that busses are a natural monopoly. I'd like to see any kind of justification for this seemingly outrageous claim. The roads are open for all to use, so why can't I buy a mini-bus, plan a route and start advertising and picking up paying customers? It is the least monopolistic of all forms of public transport (except maybe for taxis/minicabs).
Moreover, isn't it true that at the moment all bus routes etc are run by public franchise? So, wouldn't the services improve by removing those franchises and destroying the State created monopoly rather than pretending that it is a natural one?
Some food for thought. I'm not hopeful of any decent level of response and discussion though.