Upgrade UK before its too late

Atilla said:
We need constant change and new blood.

If you look at the banks you will find people in there for the last 30 years. They never move. Why do you think that is? Reasons for low staff turnover... ???
Click to expand...

I was listening to a radio 4 prog the other day where a leading German economist was invited to give his view of Britain. He specifically mentioned that Britain has been obsessed with change. The politicians are for ever changing the health servive, the education system etc. They cancel out each other's reforms with their own and never have enough time to make them work out before they are changed yet again. Whereas Germany hates change. They opt for a long term solution and only tinker with the peripheries of it. Can't remember the names unfortunately, but makes sense. Every election the buzz words are NEW and CHANGE by both parties. A sure way to a muddle.
 
Pat494 said:
I was listening to a radio 4 prog the other day where a leading German economist was invited to give his view of Britain. He specifically mentioned that Britain has been obsessed with change. The politicians are for ever changing the health servive, the education system etc. They cancel out each other's reforms with their own and never have enough time to make them work out before they are changed yet again. Whereas Germany hates change. They opt for a long term solution and only tinker with the peripheries of it. Can't remember the names unfortunately, but makes sense. Every election the buzz words are NEW and CHANGE by both parties. A sure way to a muddle.
Click to expand...

No matey you are reading it upside down.

Make the distinction between stable government and platform that stimulates and enhance change and adaptability.

What we want is a level playing field with change performance that delivers results.

1. Shipyards - failed due to management not implementing new methods of production not the labour industrial strikes.

2. B.Leyland - failed because they didn't produce new models and they did not invest in R&D or QA. Labour and industrial relations were secondary. Same for bikes tractors TV sets trains the lot of em. Poor investment adn management.

3. Railways - the same. Money was invested abroad rather than at home. How is it the French can produce superb trains and rolling stock and we can't. How is it Europeans can produce cars and we can't? Think about?

4. Manufacturing same story all over - Banks preferring short term gains and screwing industry instead of supporting the small fledgling enterprising entrepreneur. I guess we've got Brompton bikes that's British and world class. Why can't we extend that to other gear?

5. Where there was R&D in weapons and these didn't get converted into public goods and services consumption until US decided to.

6. Fortune was spent on military campaigns with no gains.

7. £27bn was lost just on Black Wednesday when the pound couldn't maintain par with German brilliance at 2.92 marks in the EMS


The whole management of the UK is littered with big elitist ****ups.

Big Bang & Self regulation & selling of national industries to foreign corporations. Decimation of manufacturing. Every piece of **** the experts told you was a big lump of lies and deceit.


And now this BS about private and public ownership.


I see it all like crystal clear water pouring out of the sunlit sky.


People can't see the through the murky smelly disgusting crap we are dished out.


Take any half decent book on Development Economics and read how and what the text book theory of industrialisation is to see basics.

The whole country is crying out for manufacturing, apprenticeships and academies and as you rightly point out freaking government pussy footing around poilet bereau style league tables and daft statistics.

Look at all the countries that have done well in this recession and who has come out fast and well. Compared to laggers. Look at France and Germany our peers. Italy too.

Absolute ****ing nightmare trying to get kids into school 500 yards down the road. Wonder which sodding over paid **** came up with that brilliant system. :-0

Now you pay £9K p/a for eduction.

Where is the level playing field?

Are all those youngsters who can't afford an education not to be considered for their brilliant talents?


You know where this is taking us right?


MORE OF THE SAME OLD **** we've had since the Victorians... :mad:
 
Greedy bosses and stroppy workers and second rate politicians and you got Britain pretty well sussed.

The world has an over-production capacity already so the increasing competition is going to get tougher, but good for the consumer.

Better teamwork is part of the answer imho
 
the word 'change' is nothing more than an election gimmick to fool the masses.

They all use it and it always means nothing because when does a new party ever not mean change? You're not for example going to get a new Tory government following Labour with the same policies, and vice-versa. See what I mean about the word being nothing more than a gimmick.
 
anley said:
the word 'change' is nothing more than an election gimmick to fool the masses.

They all use it and it always means nothing because when does a new party ever not mean change? You're not for example going to get a new Tory government following Labour with the same policies, and vice-versa. See what I mean about the word being nothing more than a gimmick.
Click to expand...

Change is what you make it.

http://www.whomovedmycheese.com/
 
According to a research note from UBS published this week: "The 231 core staff who run Barclays received remuneration of £554 million in 2010, whereas shareholders who provide £51 billion of equity capital received a dividend of £653 million." Fair cop :LOL:



http://www.thisislondon.co.uk/markets/article-23937154-polarised-incomes-i-predict-a-riot.do


This time we could be stirring up trouble for ourselves by allowing such inequality of income to re-emerge. Robert Wade, a professor at the London School of Economics, has noted how the polarisation of US society as reflected in its politics has gone from a high point in the Twenties to a low between 1950 and 1980 and back up to a high now.

His concern is this extremism in politics correlates very closely with extremes of income. By illustration, the share of the top 1% of households in US national income peaked at 22% in 1929, then fell progressively to a low of only 8% in the Seventies. It then took off in the Reagan years to hit 22% again in 2006.
 
Atilla said:
According to a research note from UBS published this week: "The 231 core staff who run Barclays received remuneration of £554 million in 2010, whereas shareholders who provide £51 billion of equity capital received a dividend of £653 million." Fair cop :LOL:



Bonnie and Clyde moved into banking in the 1980s and have prospered mightily ever since. Gone are the days of waving pistols in the faces of bankstaff - the b*stards are in the top positions imho filling their own bulging pockets !!
Click to expand...
 
Atilla said:
According to a research note from UBS published this week: "The 231 core staff who run Barclays received remuneration of £554 million in 2010, whereas shareholders who provide £51 billion of equity capital received a dividend of £653 million." Fair cop :LOL:
Click to expand...

This is the point the Select Committe failed to raise. They should have put that question to Bob Diamond and then sat back and watched him skirm. Then again, I'm sure he would have been briefed on a good answer, still, they should have been ready for that and hammered the point again and again, and then again.

Proof if it was ever needed that the banks are run for the benefit of their senior staff and the shareholders are there to be used and abused. But then the main shareholders are pension funds so they're never going to say anything as they're part of the City circle jerk.
 
The maxim is that the only two certainties in life are death and taxes. Today, we are standing on the edge of a cliff with no net below and we better just for once take a look at what we are doing. The Investment Bankers once again have blown their businesses up more profoundly than any terrorist could have conceived. There is no bottomless pit to bailouts. Letting the Investment Bankers manage their own mess pouring in what may be more than $2 trillion before we see light, is like handing a drunk a bottle of whiskey and hope he can drink himself sober. The more we borrow the higher the interest rates will move because we are competing with the private sector and we will make it harder for the homeowners. It is not just capitalism that is on the line, it is our freedom. The investment banks were trying to rig the game; they were not investing for sound economic advantages.
We are living in a fantasy world of economic theories that no longer work. Once we abandoned the gold standard, everything changed. Money, once created only by the king, can now be created by the private sector. Leverage alone has always increased actual money supply through the velocity of money. But derivatives have increased the leverage factor at least 50:1 and foreign exchange can alter the money supply leaving the government merely an observer. John Maynard Keynes (1883-1946) argued that fiscal policy could be manipulated to offset a collapse in demand during an economic decline. He advocated the manipulation of interest rates and taxes to affect indirectly the economy. But money is no longer gold, the economy is an open system, and his ideas are now antiquated. Taxes have become a barbaric relic from the ancient past, no longer necessary since money is now electronic, not physical gold or silver that can be created only by God. Even the Euro was created by a mere gentlemen's agreement to keep spending within a specific percent of GDP. The class warfare instigated by the hatred of Karl Marx, is time to be retired with communism.



The income tax has outlived its usefulness and today it diminishes our ability to create jobs and to further economic growth. Back in 1997, I testified before the House Ways & Means Committee on this very subject. The Committee asked me why European companies were getting all the contracts in China. I explained that the US income tax was based on worldwide income. Europeans were taxing only the earnings within their respective nations. Therefore, if a German company bid on the same project, they were already 33% less in cost compared to an American firm. America still treats its people as if we were the property of the state - slaves in reality. If you live in another country, do not use any services in America, you still owe income tax because you were born here. Even in England, you pay taxes on income only earned there because you are using the services like paying rent. But if you are British, live in Hong Kong, you do not pay taxes as if you were property. America cannot compete internationally. We are no different from any Marxist state except we claim you can be all you can be, but if you are born here, the state owns you, all your productive ability, for life. You are just property.

Talk about eliminating the income tax will bring a reaction from the Marxists who live among us in drag. They will point to the "rich" the same as Marx did using the term "bourgeoisie" and portray them as the "evil doers" who must be punished as in Ayn Rand for their daring to make more than the next guy. Since money is now created by the private sector in a floating exchange rate system unlike it was in a gold standard, taxation is costing our economy more than it is worth. In 1986 the national debt stood at $2.1 trillion that rose to $8.5 trillion in 2006. If we add all the interest payments during this period you will be shocked to see this was $6.1 trillion. If we had taken just 25% of the money spent on interest, we could have funded national healthcare and sent every child to college. Our taxes are destroying our economy. Yes jobs are leaving, but because of two main factors: (1) high taxes, and (2) high benefit costs. General Motors is collapsing for it cannot compete when burdened with taxes on worldwide income, benefits it can no longer fund, and healthcare costs that appear to have taken the last ride on the space shuttle because no one will create real tort reform.



We blame the "greed" of corporations, but we tax them on worldwide income depriving Americans of the same ability to export our labor. We ignore the fact that labor wants the highest salary, but consumers want the lowest prices. We blame the manufacturer for trying to walk between these two competing forces. Eliminate the taxation and you will see jobs come pouring back to America like it was the Gold Rush of 1849. China emerged from communism where there was no income tax because you were the property of the state. In the Chinese "controlled capitalism" experiment, they exploded in economic growth because there was no income tax. China itself made a fortune off of indirect taxation as Thomas Jefferson and James Madison designed. It was the ideas of Karl Marx that led to the adoption of the income tax in 1909 that was ratified in 1913 as the 16th Amendment to the Constitution. The popularity of Marx in America pre-Russian Revolution was widespread. The income tax that was to extract wealth only from the evil "rich" was applied with the payroll tax after World War II. Suddenly, everyone became rich and we then began to borrow from the poorest without interest, and pretended we gave them a gift with a refund.



It makes no sense to tax our people and corporations at huge costs to even to administer such a system when the private sector creates money today electronically anyway. If someone calls a bank and wants to buy $1 trillion exchanging Euros, they do not call the Treasury to ask permission. Inflation is no longer the rise in the prices of goods and services; it is the depreciation in the purchasing power of the dollar. International capital can alter the money supply at will. Do we still need taxes when money is no longer tangible? If a building is sold from one American to another, nothing happens to the money supply. But if a Japanese buys the building, they convert their yen to dollars. There is now an increase in money supply. Why tax when we can create money annually in a disciplined manner tied to a percent of GDP? This would end the political-class warfare, create jobs making our work force both competitive internationally, and for the first time make our labor exportable.



It is time to think out of the box. If we try to bailout everything that is going to collapse, the current system will cause us to issue bonds that will compete with the private sector driving interest rates higher, not lower. If the contagion spreads worldwide, the foreign buying of our debt will decline and our money supply will implode anyway. The more we borrow internationally, the more we pay in interest that now will never stimulate the domestic economy at all. The Investment banks always blow-up because they use excessive leverage. The call money rates in 1907 hit 125%. It was the Investment Bank of Jay Cooke & Co that blew-up in 1873 because of their speculation in railroad stocks. In 1932, Mr. Sachs testified before the Senate where he was asked at what price they sold their shares in Goldman Sachs Trading Corporation He replied $104. When Senator Couzens asked where it was that day? He replied $1.75. The Long-Term Capital Collapse of 1998 was again excessive leverage against what they believed was a guaranteed trade in Russia with IMF loans. Stop helping the Investment banks. They will object because they rely on selling government debt to make a fortune in commissions. The accounting industry will complain because no one will need to file federal income taxes. The money is already created in the form of bonds. Redeem them and we will save more than $6 trillion in the next 10 years in interest alone. That would rebuild our infrastructure and revitalize our economy.



Start helping America. It is time now not only to think out of the box Karl Marx created, but it is time to step out of the box and look carefully at what kind of box we even live in. The Euro is a basic gentlemen's agreement between nations. A controlled monetization of the cost of government is a day that is now our only viable alternative. When the investment bank of Jay Cooke collapsed in 1673, the economic decline set in motion was like that of Japan but worse, it lasted for about 26 years. We owe our children a better life than that!

by Martin Armstrong ( criminal but genius)
 
http://www.bbc.co.uk/news/business-13013659

An interim report from the Banking Commission due on Monday will not support the total break-up of Britain's biggest banks, the BBC understands.

Instead it will favour ring-fencing their risky investment banking operations, so they do not jeopardise the savings of ordinary depositors.

The move will still cause anger at big banks like Barclays, according to BBC business editor Robert Peston.

It means their investment banking units will find it more expensive to borrow.


This is the crux of our problems. Banks and financial institutions will immediately tell you that higher risk entails higher interest rates on loans to compensate. So why have one rule for the financial insitutions who harbour excessive not so well-managed risk with low rates?

Numbers don't add up do they? We can't afford to lose talent like this. Let us all see common reason and pay them more bonuses... :LOL::LOL::LOL:

Politicians will tell you that bank bonuses £3m per top banker is quite reasonable and bring in tax revenue. :smart:

Whilst 100 people earning £30,000 - don't? Err cause they don't pay Tax & NI. Do they? (n)
 
Atilla said:
http://www.bbc.co.uk/news/business-13013659

Numbers don't add up do they? We can't afford to lose talent like this. Let us all see common reason and pay them more bonuses... :LOL::LOL::LOL:

They are vastly overpaid for an 8 hour day. Talented - you must be joking. Anyone who was sensible and cautious got thrown out under that red menace Blair/Brown/Balls

Politicians will tell you that bank bonuses £3m per top banker is quite reasonable and bring in tax revenue. :smart:

Tax bonuses at 90% and I would agree

Whilst 100 people earning £30,000 - don't? Err cause they don't pay Tax & NI. Do they? (n)
Click to expand...


Call-Me-Dave says we are all init togethor - lying toad !!
 
http://www.bbc.co.uk/news/health-13063285


Andrew Lansley tells an audience of nurses "I am sorry if what I'm setting out to do hasn't communicated itself"


What is this man really telling us now?

Just another one of our endearing charming well spoken eloquent politicians.

Let me make it very clear by - What is meant by a listening exercise??? A listening exercise is where a selected honoured few nurses can get to have with me some tea and biscuits in a small room where I will listen to your superficial speel after which I will be chaufeurred away to continue with my business of many tasks which will no doubt be communicated to you all by them selves.

This is a joke. One of the main reasons for project failure is bad communication. This is called taking the **** and should duely be listed in jokes section.


I really can't believe his apology I am sorry if what I'm setting out to do hasn't communicated itself? :-0
 
This raises that old chestnut of:-

Is it worth talking to and asking for suggestions from Nurses/Doctors about medical matters if they are as dimwitted as teachers have been about education. Perhaps ask for ideas from teachers about medical things and the medics about education.

Students seem to pouring outa schools with As in everything these days but can't read or write "proper"
 
Pat494 said:
This raises that old chestnut of:-

Is it worth talking to and asking for suggestions from Nurses/Doctors about medical matters if they are as dimwitted as teachers have been about education. Perhaps ask for ideas from teachers about medical things and the medics about education.

Students seem to pouring outa schools with As in everything these days but can't read or write "proper"
Click to expand...

As a profession (and not individually) doctors have a fine track record in doing what's best for themselves rather than the patient. BMA makes Unison and TUC look like amateurs.

Wasn't it Nye Bevan who spoke of the necessity to "stuff their mouths with gold" when referring to Doctors' opposition to setting up the NHS? And only the Doctors could get a contract out of the last government which paid them more for doing less!

And they want us to listen to them on NHS reforms - must be joking!
 
0007 said:
As a profession (and not individually) doctors have a fine track record in doing what's best for themselves rather than the patient. BMA makes Unison and TUC look like amateurs.

Wasn't it Nye Bevan who spoke of the necessity to "stuff their mouths with gold" when referring to Doctors' opposition to setting up the NHS? And only the Doctors could get a contract out of the last government which paid them more for doing less!

And they want us to listen to them on NHS reforms - must be joking!
Click to expand...

Greed again I'm sorry to say.
If everyone agreed to get paid a living wage for an 8 hour day then unemployment would be a thing of the past. Some sorta Communism you might say, aghast. Not really if market forces are taken into account. More a fair capitalism or efficient Socialism, I suppose.
 
The malaise was clearly evident when teachers threw away the cane and became soppy in the 1970s. Standards slipped everywhere. The 7 deadly sins are now rampant in this new "pigsty" culture emanating from you know where mainly but encouraged by criminals and degenerates around the world.

Pass the coke Mabel
 
You must log in or register to reply here.

Similar threads

A
2011 Bond Ratings: Upgrades, Downgrades
Replies
0
Views
2K
AlexLutiera
A
Pat494
Overpaid bosses ?
2 3
Replies
57
Views
7K
scose-no-doubt
scose-no-doubt
R
New PC or upgrade?
Replies
14
Views
4K
zambuck
Z
G
Worldspreads upgraded!
38 39 40
Replies
795
Views
91K
Jack Hughes
J
G
Goldman Sachs: bidu to $145 in 6-month
Replies
0
Views
1K
godoftrading
G
Top