Two Rats From The Same Sewer.

       Two rats from the same sewer, finance and arms dealers, both are central to the festering abscess that is capitalism. They both feed each other, with death and misery being the result. The corporate financial Mafia are the driving force behind the "austerity" ideology that is responsible for the rapid declining living standards of the ordinary people everywhere. The arm industry, with the help of the financial mafia, the banks, feed the thugs, such as NATO, that create mayhem, death and destruction across the planet, in an attempt to protect the interests of their lords and masters, the corporate world.

       The ordinary people gain nothing from neither, but pay in blood and sweat to fatten the coffers of these, surplus to requirements parasites. Anything that can be done to highlight the true nature of their business and turn the public against them can't be bad.

 This from Act For freedom Now:

 

--------A local anarchist and member of the Stop NATO Cymru campaign group said: “We took part in the May Day march to draw attention to the struggles of workers all over the world against exploitation and violent oppression which is exacerbated by arms producers here in the UK.

       We targeted Barclays because it’s a major investor in Exelis Inc. the parent company of the EDO Corporation which is guilty of mass-producing arms to sell to oppressive regimes, exacerbating violent conflict and suppressing legitimate protest. Barclays Global Investors UK Holdings Ltd has 5,059,591 shares in Exelis and Barclays PLC has 63,071 shares.

       We entered the branch after leaving the May Day march and refused to leave until we had made an impact. Within half-an-hour the management decided to close, depriving the company of a busy Saturday afternoon’s profit through direct action. We sent our message to the public by plastering the front of the building with stickers which gave details of Barclays’ guilt and sent a clear message to the company that we won’t tolerate money from our communities being used to fund war.”-------

Read the full article HERE:

Visit ann arky's home at www.radicalglasgow.me.uk

IN CAPITALISM, THIS IS HOW IT IS DONE.

  We all know that capitalism is all about deals behind closed doors, maximising profit, increasing market share and reducing costs. So we all know that deals will be done to get rid of the opposition, to get the edge on the competition. That's capitalism, underhand deals, back-handers and anything else that might up your share value, and increase that sacred profit margin. Barclay's latest little scam is just business as usual, normal practice, how it's done, another wee trick for the book. What it is not, is something out of the ordinary for capitalism. It is a system that can't be reformed or modified to benefit all in our society, it is a gambling casino rigged for the rich.The following is a short extract taken from  A World To Win, which puts it very eloquently:

 

I earned it all honestly, fair and square and transparently!!

Rigging markets par for the course

      The way Barclays and several other banks colluded to fix inter-bank interest rates is a blatant example of what is actually par for the course in big business. Price fixing, secret agreements to divide markets, cartels and other nefarious goings on are as old as capitalism itself.

     How could it be otherwise within a system where the benchmark is the maximisation of profit by any means, fair or foul? Dividend payments to shareholders are based on total profits, which, if they don’t rise year on year, indicate failure. Share prices tend to fall as a result.

    So if so-called retail banking doesn’t create enough profits, then use depositors’ money to speculate in a rigged market. Irresistible for Barclays, RBS and the other banks caught in the spotlight.

       This kind of underhand activity is not the exception but the rule. Only today, the UK Office of Fair Trading alleged that Mercedes-Benz and five UK dealers of its trucks and vans were involved in price fixing and the sharing of commercially sensitive information between 2007 and 2010.

Continue READING:

ann arky's home,

WHAT'S YOUR PENSION WORTH???

         As our well manicured millionaires that haunt the Westminster Houses of Hypocrisy and Corruption force us to work longer and contribute more to our pensions, for less at the end, while spouting about us all being in this together and other crap about the broadest shoulders taking the greatest load, etc. we should take a look at their millionaire CEO chums’ pension pots. Jeroen van der Veer, former boss of Royal Dutch Shell, £1.4m a year. Former Barclays boss John Varley £1.2m. Sir Frank Chapman, CEO of BG Group, and David Brennan, CEO of AstraZeneca, more than a million a year. Diageo's CEO Paul Walsh, more than £930,000 a year. Yea, we’re all in this together!!!  What will this bunch of parasites care about cuts in social services, lack of opportunities, deteriorating education system. How much thought will they give to this year’s heating bills, Their unimaginable wealth will shower them with choices, where as most of us, this winter, will be faced with one choice, to eat or to heat.

         Britain's top company bosses have stashed away pension pots that have soared by 70 per cent in less than a decade and are now at record levels, according to new statistics to be published this week. The five biggest pension pots of FTSE 100 directors are worth more than £84m combined – nearly 600 times greater than the £150,000 that the average retirement fund of five working Britons would amount to. Income inequality in the UK is nothing short of mind-boggling. The average income of a FTSE 100 chief executive, according to the most recent Guardian survey of executive pay, is over £3m per year, including bonuses and pension contributions. Jaw droppingly more than 100 times

median household income. It is common for CEOs to soar 200 or 300 times as much as the median pay of their employees or, in the case of Terry Leahy's final year at Tesco, for a CEO to be paid 500 times the average take-home pay of his employees.

   

        Amid what we are told is austere times, while we, the ordinary people, are having cuts forced on us in every aspect of our lives, and our standard of living being undermined, it is safe to say that the millionaire cabal of parasites have never had it so good. Ah, that’s capitalism for you!!!

ann arky's home.