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Seeking financial reparation from China for Coronavirus would be ridiculous. The pay-off should be the warning that today they are not a Government the UK can trust

March 18, 2020 Leave a comment

One of the most rotten aspects of culture today is the overriding need that some people have to be able to blame someone or something external to themselves for everything that they consider that they have suffered in some way.

It doesn’t stop there.

Being able to blame someone or something else for the misfortune that they have suffered means that they simply must be compensated – most often financially – in some way.

Money is nothing. It is simply an idea. And giving it value as an emotional currency that can be used to ‘pay someone off’ is helping nobody and least of all the person making the claim.

In recent days, Twitter chat has turned to the subject of seeking reparations from China over the Coronavirus outbreak which we understand to have originated in Wuhan.

Whilst the cost to the economy and the Public Purse in monetary value and the far reaching cost to us all and not least of all those who have lost and will lose loved ones in emotional terms will be significant to say the least, that cost is not something it would be sensible to try and calculate and then present to anyone or any country to whom we might be able to attribute blame.

The reality is that whilst scientists have long suggested that a viral pandemic would be most likely to originate on the Asian Continent in some form, it is in reality just as likely that a problem like Coronavirus could have or still could originate from somewhere in the West in similar or alternative forms. Viruses by their vary nature constantly mutate and it is as feasible that an agent that exists in the UK and is currently viewed as harmless could at any moment change and mutate into a more virulent and malevolent form. All this without any attribution to the science of Porton Down and research into germ warfare being at any time involved.

Whilst conspiracists are already trying to gain traction with the story that Covid-19 was deliberately engineered by one or another Government and simply realised upon the World in Wuhan in its current form, the reality is that the location where this all kicked off was on the part of the Chinese simply a very big dose of bad luck. As such, this is not something in itself that any of us should be seeking to attribute blame or indeed seek reparations from them for.

We have been expecting a Worldwide pandemic for sometime and in the eyes of many, it has long since been overdue. 2020 has simply and unfortunately proven to be the time.

What we could and should be taking note of however, is the approach that the Chinese Government took to notifying and informing the World when the outbreak first took off, and how they may even now be approaching the management and manipulation of information and its flow even now.

Control is everything to the Communist Regime and it is very clear that they are involved in and have access to everything, no matter whether it is government, business or personal in nature – wherever they are involved.

The delay in providing accurate information to the rest of the World may well have prevented many Governments from being able to act sooner to address the spread of Covid-19. The reality is that we will never be sure.

But we should take the whole experience as a reference point for what the Chinese actually does, as opposed to what in parallel it desires us all to be told.

Neither the Public or Business can service debt without income. The Chancellor’s Coronavirus ‘help’ is yo-yo politics that flashes in the face but simply doesn’t go that far

March 18, 2020 Leave a comment

img_5330The ineptitude of our politicians is stunning.

The problem that millions of people and businesses right across our country are facing is that their income has already stopped, soon will do, or at best is going to be severely reduced.

So what does the Chancellor do?

He sets them up with a loan.

And that’s for the specific people he has actually identified – certainly a long way from being them all.

We don’t know how long the Coronavirus Crisis will take to complete its course. We don’t know when ‘business as usual’ for any industry or occupation will be able to resume. We certainly don’t know if trading levels for any company will then have even the remotest possibility of returning overnight.

So when faced with losing either your wage or your business losing at least some, if not all of its trade, the last thing you need is a loan – even without interest – that is open ended in its value because you don’t know how long you will need it for; loans that will already be unaffordable to pretty much everyone because it’s not something that you have either made allowance in your monthly domestic outgoings or business income vs expenditure budgeting for.

img_5329For a Chancellor of the Exchequer – and a Conservative one at that – to not understand the implications of what would be no more than a cynical headline-grabbing plan in normal times would itself be very profound. For him to do it at a time of National Crisis, when people and business need genuine help to survive, whatever the duration, and then be able to return to their own normality at some point in the future whenever that might be is profoundly ridiculous at very best.

Whilst the Tory troops are lauding the whole effort and shouting plaudits suggesting that this is the best Chancellor we’ve ever seen, the reality is dawning on many people that the measures he has announced is little more than yo-yo politics, where what appears to be given to those in need at speed will just as quickly return to the hand of the giver on what is a deliberately transparent, yet firmly fixed string.

Regrettably, the approach that the Johnson government is employing in the handling of the Coronavirus crisis is akin to something that would fit right into the conspiracy theorists playbook.

Talk of confining the public to their homes for many months on end; the shutting down of public events, gatherings, and pubs and now a series of financial measures dressed in the rhetoric of being there to help and support us, whilst in its cold and hard reality does anything but.

At best, it all points to a disproportionate level of control being levied upon the public at large by an inept Government living in fear of its own responsibilities and driven by the interests of a very close cadre of financial and business interests that it feels unceasingly obliged to prioritise and serve.

God help us all in a few weeks if the Public become tired of what may well quickly prove be a misdirected overkill and people then take to the streets. Because all of this ineptitude on the part of a Government that thinks that with an 80 seat majority it can do no wrong, really will give currency to the words and actions of those who will prove themselves to be far more dangerous than fruitcakes and loons.

The Government has a level of power and the responsibility to use it at a time of National Crisis like this that it never has before.

We may not be at War. But the circumstances are potentially as severe nonetheless.

This means that the Government and in particular both the Chancellor and the Prime Minister have an incredible opportunity to step beyond the restrictions and shibboleths of so-called peacetime protocols and carry out the real functions of the Offices of State that they are there for.

But to do this they must lead and not be led.

No civil servant, no adviser, no specialist, no expert has the knowledge, training or experience to come up with the comprehensive solutions that will factor in everything that needs to be considered.

They certainly have no way to know if what they do suggest, advise or contribute will turn out being right.

That means listening to ALL of the advisors, specialists and representatives whilst keeping in mind that all of them will have their own bias and self interest in the solutions that they offer. But that even when the solution they offer might appear to work, it wont work for the many if it prioritises financial or other benefits to the few.

In the first instance, to be equitable and to be fair to EVERYONE and not just the usual suspects and same old few, our Leaders MUST instruct the Civil Service, Industry and the Financial Sector what the solution will be and not make it voluntary for them to support or options that they can choose on the basis of it being like advice.

Breaking completely new ground it might be, but if Boris wants to go down in history as the PM who saw this thing through the right way and got the job done, this talk of £300 Billion in the underwriting of loans and grants needs to be scrapped immediately and replaced with radical Standstill Legislation with key points like these addressed fully in clear and unhindered view:

What the Country needs:-

  • People and businesses don’t need debt relief or loans for the duration of the crisis. They need the payments to completely STOP.
  • We ALL need payments for non-essential services and items to STOP.
  • People who have been laid off need surety that their jobs will continue to exist.
  • Interest payments of any kind need to STOP.
  • People who are self-employed or working in the gig economy need the same basic income as everyone else affected too.
  • HMRC needs to go on holiday and open the VAT window for collections to at least 6 months from 3 or even more – WITHOUT levelling interest.
  • People who have been laid off or have had their wages reduced need the surety of a basic income just to pay for food.
  • We need the Government to step in takeover every service that was formally in public hands so that essential utilities and services can be provided to EVERYONE who cannot work, trade or keep going as normal for the duration of the crisis FOR FREE – Not paying the retail bill for every household and business, but by taking over and underwriting the whole supply chain so that there is no profit taking at any level remaining involved.

What we don’t need:-

  • A Government unable to look beyond the restrictions of what advisors advisors tell it is possible, what it has done, or what history tells us that it can do.
  • The same pockets being lined with profit now during this crisis as they are in normal times

Above all, the solution that will work now and for the future must be applied on a blanket basis.

By taking over and underwriting essential services and ensuring that EVERYONE has at least a basic income that will cover the cost of a weeks food, the Country and everyone not working within it will be in the best place during the crisis to financially survive and then thrive once this terrible chapter has ended and is over.

The benefit for those who continue working in roles like the emergency services and in our hospitals, the benefit in kind will be that they receive a payment holiday whilst they are working. That’s a sensible and fair bonus for doing their bit for community whilst we all do our bit for each other to ensure to survive.

 

images thanks to dreamstime.com

 

 

 

 

 

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