Royal Mail privatisation: The charade continues

The broadcast arm of the Guardian reported late last night that Labour’s shadow business secretary Chuka Umunna has confirmed the party will not promise to re-nationalise Royal Mail after it is privatised.

Well, duh!  But wait, the rationale for this statement of the bleeding obvious seems to be something other than the actual reason why Royal Mail cannot be re-nationalised, as Umunna’s comments make clear…

I have been very clear that we are not in a position to pledge to renationalise Royal Mail if we get into government in 2015.

I do not know how much Royal Mail shares will be trading at in May 2015, so I do not know how much it would cost to renationalise.

No credible future business secretary would therefore make such a pledge.

For the love of all things Holy…

No credible future business secretary would claim the reason for the inability of a UK government to re-nationalise the Royal Mail is financial rather than political as it would break the UK’s obligation under the EU’s Third Postal Directive.  But that is what the useless Umunna has done.  All eyes are being averted from the EU elephant in the room.

This tells us all we need to know about:

1. The incompetence or lack of honesty of party political hacks like Umunna, who seek ‘power’ by way of election to Parliament in Westminster yet know nothing of how we are governed
2. The incompetence or complicity of the BBC in ignoring the EU elephant in the room and pretending the Royal Mail privatisation could simply be reversed if Labour could afford to

Yet many people will take the Umunna and BBC drivel at face value, believing this is the Tories reviving the sale of family silver to their rich friends in the markets – just as intended by the BBC which has an agenda of seeing Labour win the next election.

It’s not just the Tories who deserve to be given a kicking for this EU Directive coming into force.  All main three parties are to blame for giving up almost all political control of this country over many years.  While the BBC has done its part for the establishment, helping to keep people distracted from the elephant in the room with biased reporting and omission of the truth.

A plague on all their houses.