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Showing posts with the label Capitalist

Former head of BHS enjoys the life of luxury while former employees and pensioners face a bleak future.

http://www.msn.com/en-gb/money/companies/sir-philip-green-pictured-having-a-whale-of-a-time-on-luxury-yacht-as-bhs-sinks/ar-BBuVQ0a?li=BBoPWjQ Sir Philip Green having a whale of a time as BHS sinks. The totally unacceptable face of capitalism. A £571 million "hole" in BHS pension funds, 11,000 BHS workers facing the sack and this wretched man and his family enjoy a life of luxury in the South of France.  "Do you mind not looking at me like that, it's disturbing me," His appearance at the House of Commons Select Committee was a performance of arrogance, self satisfaction, greed, disrespect and complete indifference. We do not need to ask where all the money has gone. Green's lifestyle, his £100 million super yacht the latest addition to his fleet which already boasts, a speedboat, a helicopter and three yachts, as part of his transport collection, says everything about this loathsome man...

Barclays share price goes up on the news that 19000 people are to lose their jobs.

  http://www.independent.co.uk/news/business/news/barclays-boss-antony-jenkins-wields-the-axe--but-hails-wise-rise-in-bonuses-9341729.html   Barclays to cut 19,000 jobs Share price soars on news of job losses Barclays announce 19000 people are to be sacked within the next three years with more than 8500 of these within the United Kingdom and on top of the 12000 already announced. At the same time, Antony Jenkins, Barclays CEO insists that his controversial decision to increase bonuses despite falling profits was "a wise investment". On the release of this news the share price of Barclays rose by almost 6%. Only the corrupt and obscene Capitalist system, could welcome the continuing payment of bonuses to a few "senior managers" and make money for a few "fat cat investors" on the news that thousands of people are to lose their jobs.

U-Turn by CPS in the case of stealing food from supermarket waste bins.

  http://www.huffingtonpost.co.uk/2014/01/29/cps-iceland-bins_n_4688853.html?utm_hp_ref=uk 'Iceland Three' Will Not Face Charges For Taking Food From Supermarket Bins Iceland Foods   Yesterday, the Crown Prosecution Service said that the prosecution would continue as there was "significant public interest in prosecuting these three individuals". Clearly the "significant public interest" lasted less than 24 hours, which probably results from "the public" criticism, outrage and ridicule of the stupidity of the CPS bringing these charges in the first place. Someone at the CPS obviously spent a great deal of time rummaging through old legislation to find an obscure section of the 1824 Vagrancy Act under which to propose a prosecution. They would have been better employed reading "How to obtain common sense and how to apply it to your decision making". Today Baljit Ubhey from the Crown Prosecution Service ...

The heinous crime of stealing food from supermarket waste bins.

  http://www.independent.co.uk/news/uk/crime/men-charged-with-stealing-food-from-iceland-supermarket-bins-9091967.html Men charged with stealing food from Iceland supermarket bins Contents of a bin outside a village shop in Sussex Put on trial, charged under the 1824 Vagrancy Act, for "stealing" £33 of food from waste bins behind a supermarket. The Crown Prosecution Service said that the prosecution would continue as there was "significant public interest in prosecuting these three individuals". Perhaps the CPS should be informed that there is "significant public interest" in prosecuting a number of bankers, who fiddle interest rates, embezzle £millions, grow fat and rich on their ill gotten bonuses and other "perks" and benefit from "Golden Handshakes" when exposed. The public can be excused for believing that in today's sick capitalist system, stealing £33 worth of food from the waste bins of a supermarket, is a...