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and even less now that we are out of the EU
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I can't be bothered Clydebank - I flippantly said back when BT employed 250,000+, tens of thousands of them were middle management earning 40-50k for doing very little.
In your world of extremes where there is no middle ground , no middle way and no alternatives to your view - your mind has translated what i said into all 250,000+ employees earning 40-50k each and all doing feck all! The overarching point was that all of the 250,000+ paid employees paid uk tax via PAYE and then spent their remaining take home pay in the uk - it benefited the uk and 250,000 people were in this scenario. In the current scenario only 100,000 people do this now. The money that used to go to the other 150,000 does not any more, they have been made redundant, it goes somewhere else now and where it goes is nowhere near as beneficial to the uk. |
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You've missed the point that these people were paid by the public purse. So you pay £3 in taxable rake so you get £1 back in tax. The new efficient firm with 100,000 workers still pay tax as does the corporate BT. 1
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OK - Maggie had right and has paved the way for future generations to prosper!
Now would you like to sell me your house today for half its market value? I will sell it on tomorrow to this French guy I know for the true market price and he will rent it back to your children at double the going rate. If you can't see that this is what happened with privatisation of telecoms, gas, water etc, etc you are blind. You will have some cash, the spiv you sold it to (me) and the French guy will be ok so no matter that your children are fecked. |
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Instead of inheriting your house they can pay through the nose to live in it for the rest of their lives - nice.
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So the secret to a successful economy is to pay lots of people lots of money to do nothing useful.
Crikey, why didn't some economist come up with this before, what could possibly go wrong. It was staring us in the face. |
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Good stuff Twiz.... too many collaborators co habitating with the FILTH...most of whom live in quite little Towns with 0.1% of ethnics... but think its great encouraging this diversity bollocks
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Damn well played twizzle
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jc - That's not quite what I said as you must be very well aware.
But if we are going to deliberately misinterpret/misunderstand what we are saying I can only assume that you think selling off everything that you own to foreign bodies for half of its true price was a good idea. You must be delighted that most of our infrastructure and essential services belong to foreign powers. At least they are efficient now (lol - efficient at extracting money fro their captive audience customers). Never mind that something so essential as water has been privatised or in the 21st century where gas, electric, broadband are also essential to modern life - we now live in a country where the Canadian Teachers Pension Fund even own our fecking lottery! Hey its a free market, so its all good! |
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Just to be clear..i personally didn't write the letter but i DO agree with each and every word.
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mr The Management.
Head, banging, wall, mate. You can't criticise Thatcher on here. Most of 350,000 miners (already shrunk from 800,000 post war) who might not have made much, or any, profit were put onto benefits while coal could be bought from Poland at cost. Bringing no assistance to our people. Add that the many thousands of supply industry employees around this and maybe 1 million people suddenly have nothing to spend to circulate around the economy and money does what it has for 40 years... trickle to those who already have it. You are quite right. If people had money, they'd spend it and under an idea for a scheme known, iirc, as "Helicopter payments" where every adult in the country is given £1000 - £50 billion cost - which largely returns through revenue - it nearly happened and would have taken the place of quantitative easing, where successive chancellors gave it to banks, who in turn promised to lend it to business, but didn't! So - as it happens, an economist DID think of it before. But for politicians, giving money to rich people is better than giving it to poorer people. As for selling stuff for 1/2 the price, it's happening on a daily basis with NHS land. But like everything else there's no point in talking about it on here. |
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Actually you can't seem to mention Corbyn and McDonnell's quotes on Venezuala or mention Venezuala as a socialist utopia without the post getting deleted.
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Where is Idi Amin when you need him.
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I see this morning that the "mistakes" made in the privatisation of the Probation Service have cost the MoJ (the taxpayer) 500m pounds (yep just half a billion pounds of taxpayers money)! So much for the efficiency that competition and privatisation will deliver.
Who in their right minds thought the Probation Service was an "industry" that needed privaiting? Seems like just the kind of business where you want captains of industry trying to chase meaningless KPI's and targets with a CEO that will change the "strategy" every few months in search of value for his shareholders! No doubt when it all blows over those in charge will get a knighthood or be given the chairmanship of a "regulatory body" or quango. |
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There are more criminals that need to be supervised than before , that’s the problem
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Yeah that's the problem for sure. It's very surprising that the outsourced agency workers on 7 pounds an hour aren't having more success at rehabilitating them isn't it.
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I expect the shareholders are losing a lot of sleep over it.
On a bright note, if I recall totally correctly, the Governor of California has intervened and govt has now postponed plans to appoint Lord Cohaagen to oversee the privatisation of Oxygen. |
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no probation doesn’t work and there are thousands more on probation
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cohaagen will be back
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“Come with me if you want to live.”
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Although my fav Arnie quote is this (not from one of his movies):
"I saw a woman wearing a sweatshirt with Guess on it. I said, Thyroid problem?" |