Hypocrites.

Waiting for inflation to drop!!

                                           Image courtesy of Adam Smith Institute.

             Like me, I suppose your sick to the back teeth of hear those hypocritical platitudes spewed out by the parasite class that sit in those Westminster Houses of Hypocrisy and Corruption. While you and I struggle to pay our bills, put food on the table and heat our homes We have Rishi Sunak, with his £800 million luxury cushion, telling us we will "need to hold our nerve". He has no inkling of how we live our what we have to put up with while he spouts pie in the sky---tomorrow, maybe. It makes no difference to him if the price of basic food double in price, he won't even notice. Then we have that other mouthpiece of the system, Karen Ward, she is a member of the Jeremy Hunt Advisory Committee. Her take on the situation we face is, the Bank of England have been too hesitant in raising interest rates and they need to create a recession to get inflation under control. Do these people really understand what a recession does to the ordinary people of this country, or is it that they really don't give a damn? A recession is high unemployment low wages and a massive increase in poverty. All this so that the corporate world and their business buddies can increase their profit margins. Isn't it about time we decided that we can't live under this insane greed driven economic system. We must work to bring the whole stinking edifice down and put capitalism where it belongs, in the dustbin of history, labelled "Humanity's darkest hour".

 Image courtesy of Ecoist Mag.

Visit ann arky at https://spiritofrevolt.info  

Black Hole

 Image courtesy of Know Law.

 

            Is austerity necessary or unnecessary, after all it is just to balance the books to the satisfaction of the financial Mafia. According to our Rishi Sunak team we have a £50 billion black hole in our finances and it has to be filled. However according to a group of economic experts, it isn't there. It appears it is all down to the way you do your calculations, and apparently Rishi, as Chancellor of the Exchequer, in 2020-2021 changed the way we do our counting the state finances, so now we have a £50 billion black hole. If however we revert to the previous accounting method, we end up with a £14 billion surplus. It seems that the figures are all based on predictions, you just pick the way you make your predictions. So it seems we have a choice, either a £50 billion black hole or a £14 billion surplus, however, we will not be given that choice, that's up to the lovers of the markets and the financial Mafia. The £50 billion black hole suits big business as austerity will drive down inflation, which in turn will depress wages and cut government spending with the added bonus for big business, that cuts to government spending will eventually lead to tax cuts. Big business doesn't want to pay taxes, it cuts into their profit margins.
         The question is of course, do we put up with this mathematical fiddling to suit big business and the fanancial Mafia, or do we organise to bring down the whole stinking rotten gambling casino of the rich, where we always pay for their greed driven loses. The choice is ours, what heritage do we want to leave to our grandchildren?

 

Image courtesy of Know Law.

 

Visit ann arky's home at https://spiritofrevolt.info  

 

Sad Joke!

        No matter which of the two very rich right-wing worshipers of capitalism become the next Prime Minister of UK, they both will be looking at the world through money tinted glasses. Rishi Sunak's wealth is too difficult to grasp it is somewhere up in the stratosphere you suffer oxygen starvation in attempting to grasp the total. Liz Truss is a bit more modest as far as the Tory's posh club is concerned. Her personal wealth is somewhere around £8.5 million, with an annual estimated income of around £376,000. So you see they are each just one of the people. Their policies are tweedle-dee and tweedle-dum, cut taxes now, cut taxes later. Of course we all know who benefits most from tax cuts, obviously those with the bigger incomes. We also know that tax cuts invariably lead to cuts in social services, austerity for the poor and bonuses for the rich. One thing they both agree on is that there will always be enough money to boost the military budget, there is always money for war. Again, Liz is in a hurry, to impress her wealthy arms manufacturers, with a promise to raise the "defence" budget to 3% of GDP, immediately. While Rishi still wanting to please the arm barons, is a little, more cautious arm, says that 2% is the bottom line and just a floor, with intentions to raise to 2.5% of GDP, and more later. Work out how that will help you pay your bills.

                                        Image courtesy of Original-Political-Cartoon.com

          Which of these two do you think will have the problems of the ordinary people at the top of their agenda. They both preach, "grow the economy" which translates as let's get big business booming with tax cuts and subsides of tax payers money, they are already making billions in profit, but not enough to satisfy their insatiable greed,  that "boom" will take some considerable time arriving, in the mean time you and I can just struggle on as best we can while we wait for that pie in the sky.

          As long as the well paid, well off political ballerinas in the Westminster House of Hypocrisy and Corruption squabble over "the economy" and we sit back and let them make the decisions that control our lives, the rich will get richer and the poor will get poorer. The answer of course is that we make the decisions that matter to us all, we take control of the countries resources and distribution, we eliminate the crazy profit element and run our society on mutual aid, free association, fairness and sustainability, and create a society that sees to the needs of all our people. During this particularly vicious attack on the living standards of all the ordinary people in this country, we must organise in solidarity across all our communities and workplaces and bring this festering cancer they call capitalism, to a passage in history, referring to it as humanity's darkest hour.

 Visit annarky's home at https://spiritofrevolt.info   

Tax Money.

       Covid19 might be a stressful period for most ordinary people, but to the government and large companies it’s an opportunity to shift taxpayers money into the corporate coffers. March this year our financial wizard, Chancellor Rishi Sunak, came up with, Covid Corporate Financial Facility, CCFF for short, a scheme to help what he considered large companies that were important to the UK economy, small companies were not included, just the big rich mob. This handout was given with minimum conditions. 

 

       While receiving billions from the taxpayers, through the CCFF scheme, these rich companies saw fit to pay out approximately £11.5 billion to shareholders and investors, and in gratitude for this taxpayers handout, they paid off thousands of employees. It is reckoned that of 26 companies involved in this CCFF taxpayers gift to big rich companies, have paid of approximately 43,000 workers.
       While this money plundering was going on the NHS was desperately crying out for PPE, struggling with staff shortages and lack of equipment. Care home residents and the staff were being denied testing facilities and left to suffer and die. This is capitalism, the economy is sacred, the corporate is valued above the well-being of the people. Every penny of the billions spent by the government in handouts to big business will have to be paid back to the financial mafia by you and I, the taxpayer. We will pay for it with unemployment, severe cuts to social services and the selling of public assets.

 

         No doubt, bumbling Boris and his rich coterie will be shouting about investing in massive infrastructure projects, to get the economy growing, what this translates as, is handing more billions of taxpayers money to large corporate very rich companies to build a host of showpiece entities that will be of little or no use to the ordinary people. HS2 springs to mind. 

 

      Surely if people look at how the system works they must draw the conclusion that this has to stop, this insane economic system of greed that feeds a small clique of parasites to the detriment of the many, has to be destroyed.

Visit ann arky's home at https://radicalglasgow.me.uk