Rip-off.

           The giant energy company Equinor has just announced record profits of £62 billion, this on the back of grabbing a much larger share of the natural gas market after Europe cut its gas supplies from Russia. So while we freeze the energy companies fatten their shareholders bank accounts. Though in the case of Equinor, it's ranked as the 169th-largest public company in the world and is a Norwegian state owned company, so lots of loot rolls into the Norwegian state coffers. Unlike the UK where our lords and masters made sure that all the profit from the North Sea gas and oil goes straight to their buddies in the capitalist gang. Like all large companies, Equinor wants to be bigger and is in the process of trying develop the Rosebank field in the North Sea, if approved this one field could produce more climate pollution than the combined annual emissions of the world’s 28 lowest-income countries. This polluting development must be stopped at all costs. We can all do our bit to end this economic insanity, by continuous mass protests at the doors of all the large rip-off companies and supporting ever strike, showing solidarity with all those who struggle for that better life for us all.

         When you add Shell's profits of £32 billion and BP's profit of £7 billion to Equinor's £62 billion, that's a lot of loot plunder from the public as we struggle to meet our energy bills The only conclusion we can arrive at is that we are being ripped-off and laughed at by the billionaire parasite class, as they stuff their bank accounts with money earned on the backs of of our poverty. There is an alternative way to organise our society that frees it from the profit motive and sees to the needs of all our people, Did I say anarchism, well looking at the total disregard in this society for the well being of ordinary people, why not.

 

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

Rip-Off.

         As we all face energy bills in the region of £4,000, and the political ballerinas spout how it is all the fault of the Russian invasion of Ukraine, our energy companies are wallowing in unprecedented profits. Get your head round these figures and say, hand on heart, the prices are unavoidable.

         The two biggest energy companies in the UK, Shell and Centrica are both making a killing on the backs of your suffering. Take Shell first, for the three months April to June 2022, hauled in profits in the region of £10 billion. While suffering amnesia regarding the astronomical bills its customers are set to pay, Shell has promised its shareholders £6.5 billion in bonuses.
       Its pal in piracy, Centrica, came up with profits of £1.3 billion for the first half of 2022 and has promised its shareholders bonuses amounting to £59 million.
      So do you get the feeling that the Ukrainian situation is a bonus to these people, an opportunity to rip us off with vengeance, and that they are laughing at us as they slither their way to the bank.

        When will we ever learn, when will we finally say, enough is enough and bring this festering cancer of greed crashing down. A better world is there, it's in your hearts, you know how it would look, fairness, justice, humanity, mutual aid and the ability to see to the needs of all our people, we don't need corporate conglomerates, millionaires and billionaires, they are the parasites that destroy our lives.

Visit ann arky's home at http://strugglepedia.co.uk    

Profit War!

         To the corporate world every crisis has a silver lining. The Ukraine affair might be a disaster for the people caught up in the bloodshed, as is usual in war situations, the ordinary people pay in blood and trauma. However, to the corporate world it is seen as a bonus. The corporate/financial world of parasites has been creaking near breaking point since 2008 when the "Market" gambling bubble burst. They have been searching for ways to recapitalise the system and have used austerity on the people as the main source of that recapitalising, but the system was still struggling. Along comes the pandemic, and states throw money at the corporate word, money that the people will be tasked with paying back through lower standard of living. 

 

 

However the corporate economics was still in a bit of a mess despite all that tax payers money, suddenly we have a war, yippee shouts the corporate bosses, the arms industry moves into top gear with taxpayers money flooding in as the West throws billions of £s of weaponry into Ukraine. The oil and gas markets seize the moment and shoot the price of energy somewhere beyond the moon. Another golden opportunity to recapitaise the system with our money. Energy giant Shell has reported its highest ever quarterly profit, a staggering £7.3 billion in the first three months of this year. Other energy giants, BP and Total have also reported a sharp rise in profits. There is a cash waterfall rushing into the share holders bank accounts while you and I face eating or heating, cutting down on life's necessities, seeing kids go hungry. This is the moment the Bank of England decides to raise the interest rate for the second time in months. This will hit mortgages, payments on loans, credit cards, etc.. In the meeting rooms of the bankers, financial Mafia and corporate robbers, they no doubt will raise a glass to Russia, with the toast, "long may the war last, because of it, we are doing wonderfully, thank you".

 

        Why do we tolerate such an insane, greedy parasite driven system, why do 

we just suffer and watch the shareholders laugh all the way to their new luxury yacht? 

Visit ann arky's home at http://strugglepedia.com   

Unacceptable.

         There is a lot of talk at the moment of the impending brutal attack coming down the line on the living standards of the ordinary people of this country, and rightly so. However what we should not forget is that the living standards in this country have been falling for quite some time. The system is merely accelerating the process at an ever increasing rate. A recent survey from Food Foundation comes up with some figures that tell a story of ever falling living standards in one of the richest countries in the world. Their figures show the extent to which this capitalist system is punishing the ordinary people. According to their findings, during January 2022, 4.7 million adults, 8.8% of the population, experienced food insecurity, that's up 20.5% from last July. The survey also found that according to a response from over 4,000 questioned, showed that 62% of households were struggling with higher food and energy costs. While 16% stated that they cut back on food to service other essential bills.   

 

 When times are hard, parasites play.

Billionaires double their wealth during pandemic.

 

         This is the state of the living conditions of millions of people in this country at the moment, and we are about to face a tsunami of vicious price increases in everything for food to energy to taxation. The bunch of privileged parasites that manage and administer this attack on us, will always display it in figures on a balance sheet, the economy and what the economy can afford. However the reality of this savage attack on living standards translates into ill health in our children, early deaths in our elderly and a stunted life for most.

       Meanwhile, energy companies are shovelling billions into the bank accounts of CEO and shareholders. This year BP's little profit earner was $12.9 billion and Shell's $19.3 billion. All of this will disappear into the pockets of the parasite class, to keep them in the luxury to which they believe they are entitled. While you and I can go to hell in a paper cart.

 

When public transport is crap, just go your own way.

Image courtesy of  You & I    The Rolls Royce Phantom Extended 2018
 

      Is this the system under which we wish to live, is this how we will treat our children and our grandparents, is this what we wish to pass on to future generations? Or will we finally stand up and take control of our lives and through community solidarity and mutual aid take action to finally destroy this system of insane economics that pampers the privileged few.  

Visit ann arky's home at:
http://strugglepedia.co.uk/index.php?title=Main_Page  

Just Another Corrupt Day In The Capitalist Environment.

 

       Day in, day out, we see the various fiddles, corruption, exploitation that forms the basis of the capitalist system. Sometimes it is small dodgy backroom deals, other times it is large corporate fiddles, but the system can't function without them. Its life blood is profit, which simply means getting more out than you put in, and the aim is always to increase that "profit". These deals can mean decimating the environment, ripping off the public, and the usual one  of depriving the public of any slice of the endeavor, which in turn destroys the fabric of society, making it impossible to create a fair and just environment for the public at large.

       This latest little fiddle to come to light is one that, with the usual callousness of the system, will add more deprivation to the people of a country who already live in extreme poverty, making sure the stay there or sink deeper in to the mire of deprivation. There only hope, like that of the rest of us, is to destroy this corrupt, gangster, exploitative and inhuman system, and replace it with one that the people control to the benefit of all.

This from the Independent: 

 

 

     Shell and Eni’s scandal-plagued oil deal will deprive Nigeria of $6bn, experts estimate
         Amount is more than double the combined education and healthcare budget of Nigeria

         ------ "After years of denials, Shell admitted last year that it knew much of the money initially paid for the block, known as OPL245, would pass to convicted money launderer Dan Etete, who took a cut for himself with much of the rest paid to well-connected officials.

         Under the contract, just 41 per cent of future revenues from the oil block will accrue to Nigeria, according to the report commissioned by NGO Global Witness and anti-corruption campaigners at Re:Common, the Corner House and HEDA.

         Typically, 65 to 85 per cent of profits from such deals go to the government that granted the licence, under what’s known as a production sharing contract (PSC).

         But with OPL245, Shell and Eni dispensed with the PSC structure and effectively cut Nigeria out of all future profits. Instead the government will receive only tax revenues."----

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