Making the news today....

[Commando]

On 28/07/2022 at 19:26, trigger_andy said:

I pay over £60k in tax a year. I’d say I have no option but to share my wealth. 
 

Regardless I’m not sure why you’re praising someone’s intentional decision to stop others earning a wage to line the pockets of an organisation. 🤷🏻‍♂️

You need to get a better accountant Andy! 🤔

[openspaceman]

£70 million in fines for pharma firms that overcharged NHS - GOV.UK

WWW.GOV.UK

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After reassessing part of the case, the CMA has found that Pfizer and Flynn abused their dominant positions to...

 

 

a bit earlier than today but this is the firm that provided much of the covid vaccines and all?? the boosters so those figures are yet to come

 

That's a big export of dosh no wonder the pound is reaching parity with the dollar

[Johnsond]

BP reports huge profits as energy bills soar

APPLE.NEWS

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The firm reported profits of $8.45bn in the second quarter of the year as oil and gas prices...

The huge multinational corporate beasts are absolutely flying at the moment, oil and gas, energy, commodities etc etc all doing very well, pharmaceutical companies, well they have had an absolute belter couple of years, banking is doing well having narrowly dodged a few bullets pre the covid farce. The government is pulling in huge amounts of revenues from the increased prices we see everywhere. The cynical side of me would say the current state of affairs actually isn’t that bad for a select influential few. I do wonder where our so called “ democratic society is heading at the minute”. Bearing in mind we are in the middle of summer and come October “ I think” is there not another increase in the energy price cap to £3600 !!. 

Edited August 2, 2022 by Johnsond

[Stere]

Neo feudalism?

 

The Coming of Neo-Feudalism—A Review

QUILLETTE.COM

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Review of The Coming of Neo-Feudalism: A Warning to the Global Middle Class by Joel Kotkin, Encounter Books (May...

 

[Woodworks]

34 minutes ago, Johnsond said:

BP reports huge profits as energy bills soar

APPLE.NEWS

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The firm reported profits of $8.45bn in the second quarter of the year as oil and gas prices...

 I do wonder where our so called “ democratic society is heading at the minute”. Bearing in mind we are in the middle of summer and come October “ I think” is there not another increase in the energy price cap to £3600 !!. 

Riots in the street I would imagine.

 

Many will literally not be able to afford heating and electric. Seems almost unimaginable in one of the richest countries in the world but as the article Stere shared points out the wealth in western counties  is incredibly unevenly distributed. 

[Retired Climber]

23 minutes ago, Woodworks said:

Riots in the street I would imagine.

 

Many will literally not be able to afford heating and electric. Seems almost unimaginable in one of the richest countries in the world but as the article Stere shared points out the wealth in western counties  is incredibly unevenly distributed. 

Maybe those who have been spending time contemplating rioting and generally feeling sorry for themselves should have done a bit of overtime and bought some BP shares. 

[sime42]

It's a bleak outlook for us all, that's for sure.

As always, Climate Change and destruction of the natural world dwarf all other current concerns.

The thing is, it doesn't matter how much wealth those in the upper echelons, the Oligarchy, possess; it'll be of no use when the world is burning and/or flooding to death around them. They live physically on the same planet as the rest of us lowly beasts. The irony is that the majority of the wealth that they're amassing is derived from human activities that are causing the aforementioned catastrophe. The stupidity of man. 

 

 

[Retired Climber]

13 minutes ago, sime42 said:

It's a bleak outlook for us all, that's for sure.

As always, Climate Change and destruction of the natural world dwarf all other current concerns.

The thing is, it doesn't matter how much wealth those in the upper echelons, the Oligarchy, possess; it'll be of no use when the world is burning and/or flooding to death around them. They live physically on the same planet as the rest of us lowly beasts. The irony is that the majority of the wealth that they're amassing is derived from human activities that are causing the aforementioned catastrophe. The stupidity of man. 

 

 

The psychology behind why we (as humans) do this to ourselves, and the planet on which we live, is both fascinating and depressing, in equal measures. Some of the ideas are seen as fairly complex. However, it can be summed up in a fairly basic manner; Humans are selfish and short sighted, and the planet would be a lot better off if most of us perished. 

[GarethM]

As a farming type, there does need to be a reality check to all the eco doom mongering spouted and regurgitated by Gretta.

 

I'm somewhere in the eco middle, but turning off the lights and shivering in a corner isn't going to save anything, we can't even huddle around and old incandescent bulb for heat anymore!.

 

Build or atleast restart nuclear including Hinkley immediately, in the long term close gas power stations and return to being self sufficient using North sea gas.

 

As a thought we as a country have over 139 tons of plutonium at sellafield, literally gathering dust and we've just closed the fuel recycling facility!.

[Mrblue5000]

There was a major redistribution of wealth only twice in the 20th C, after WW 1 and WW2.  The rest of the time the rich have gotten richer at the expense of everyone else.