Socialist Labour Party Press Release on the Financial Crisis

SOCIALIST LABOUR PARTY PRESS STATEMENT

HOW TO RESOLVE IN THE SHORT TERM THE FINANCIAL CRISIS

1. SCRAP TRIDENT

- THE CURRENT CRISIS CAN BE RESOLVED BY SCRAPPING THE REPLACEMENT OF

TRIDENT NUCLEAR WEAPONS SYSTEM AND ITS ONGOING COSTS, A POLICY WHICH WILL COST BETWEEN £250 and £350 billion more than enough. Use that saving on our NATIONAL HEALTH SYSTEM, our EDUCATION SYSTEM, CARE HOMES AND PAY WAGES WILL PAY DECENT WAGES AT LEAST EQUAL TO THE INCREASE IN THE ANNUAL RETAIL PRICES (RPI)

2. PUBLIC OWNERSHIP

- IN ADDITION TAKE BACK ALL INDUSTRIES AND SERVICES INTO PUBLIC OWNERSHIP

WITHOUT PAYING A PENNY TO ANY OF THE PRIVATISATIONS WHICH HAVE WRECKED

OUR RAIL INDUSTRY, AND OUR COAL INDUSTRY (If it had not been closed we would not have had an energy crisis!) GOVERNMENTS PRIVATISED OUR WATER SYSTEM. THE PRIVATISED PHARMACEUTICAL SECTOR SHOULD BE IN THE HANDS OF THE PEOPLE AND NOT IN THE THOSE OF THE UNITED STATES MULTINATIONAL COMPANIES.

3. FAIR TAX SYSTEM

- WE NEED A TAX SYSTEM WHERE ANYONE BELOW £30,000 would pay no tax. An income of between £30,000 and £50,000 - 30%; between £50,000 and £80,000 - 40%; between £80,000 and £100,000 - 50%; between £100,000 and £200,000 - 75%; between £200,000 and £300,000 - 80%; any income above £300,000 - 90%.

4. SUPPLY OUR OWN INDUSTRIES AND FOOD PRODUCTION

- We should build our own cars, aircraft, heavy and light engineering, grow our own food with our own workers who should be paid an average wage. Don’t say we can’t do it. We did it during the second war and we did it for years after, YES AND WE DID IT UNTIL WE WERE SUCKED INTO THE EUROPEAN ECONOMIC COMMUNITY (EEC, later to become the European Union) controlled by UNELECTED BUREAUCRATS and INTO NATO WHO ARE RESPONSIBLE, TOGETHER WITH THE USA, FOR DETERMINING WHICH COUNTRIES THEY LIKE AND THOSE THEY DO NOT.

5. WAR IN THE UKRAINE

- THE UK AS PART OF NATO WERE RESPONSIBLE FOR THE CONFLICT IN UKRAINE, IN CONTRAVENTION OF AN AGREEMENT CONCLUDED BETWEEN JAMES BAKER, THE USA SECRETARY OF STATE AND GORBACHEV the Leader of the Soviet Union. NATO SAYS A COUNTRY HAS A RIGHT TO SELF DETERMINATION. How do they explain why they do not implement sanctions on ISRAEL WHO HAVE OCCUPIED PALESTINE UNLAWFULLY SINCE 1967 or the USA WHO OCCUPY PART OF CUBA AND WHO TOOK THE UK INTO AN UNLAWFUL WAR AGAINST IRAQ which cost over a million lives, including British and American. Why no SANCTIONS AGAINST GREAT BRITAIN FOR ITS OCCUPATION OF PART OF IRELAND?

Socialist Labour Party 12/10/2022