Showing posts with label capitalist corruption. Show all posts
Showing posts with label capitalist corruption. Show all posts

Monday 29 August 2016

Vanishing Money!!


         In this capitalist world where money is quality of life, what could we do with $6.5 trillion? How many schools, teachers, doctors, nurses, could we add to strained parts of our society, how many libraries, how much social housing, how many kids nurseries could we create? It is by all measure of things, a massive amount of money. Yet it appears that the Pentagon in USA, has somehow misplaced that amount and doesn’t know where it has gone. It just can’t account for that bundle of taxpayers money, I guess it must have fallen down the back of the till!! 

      Adding to the appearance of impropriety is the fact that thousands of documents that should be on file have been removed and disappeared without any reasonable explanation.
      A new Department of Defense Inspector General’s report, released last week, has left Americans stunned at the jaw-dropping lack of accountability and oversight. The glaring report revealed the Pentagon couldn’t account for $6.5 trillion dollars worth of Army general fund transactions and data, according to a report by the Fiscal Times.
       The Pentagon, which has been notoriously lax in its accounting practices, has never completed an audit, would reveal how the agency has specifically spent the trillions of dollars allocated for wars, equipment, personnel, housing, healthcare and procurement’s allotted to them by Congress. 
Philip Green's wife Tina, received the largest dividend in corporate history, from her husband's company.
  
     To you and I know this is not oversight, bad arithmetic, or sloppy bookkeeping, it is just another example of the endemic corruption in this system of capitalism. It happens on a gigantic scale when it comes to taxpayers money, but is not confined to that area. Over on this side of the Atlantic we have had the recent BHS money illusion, now you see, now you don’t, whoosh, and its gone. By recent assessments, the BHS pension fund deficit is running at close to a billion pounds, £717 million to quote the Guardian. 

 The pension fund seems to have disappeared, but I have a beautiful new yacht.
     Slush funds, bribery, backhanders, special “bonuses”, massive pension pay-offs, off-shore tax havens, corruption, all part and parcel of a stinking corrupt system that feeds an army of greedy parasites at our expense. This is capitalism, these are not anomalies, this is how the whole rotten system functions. Is there anybody out there that still has a shred of belief, that this is the best humanity can do with the finite resources of our planet? Is there anybody out there who believes that this festering cancer can work for the benefit of all the people of this planet?
       Let’s put all our petty differences aside, let’s concentrate on the one task that would eliminate poverty and war, let’s come together to work to bring down this edifice to greed that is the real burden on humanity’s shoulder. Let’s assign capitalism to the dustbin of history, under the label, “humanity’s darkest hour”.
Visit ann arky's home at www.radicalglasgow.me.uk

Monday 27 April 2015

We Are Being Conned.


      As all of the competitors in the present Crooks and Liars competition, (the general election), continue to spout the need for “cuts”, which translates into cuts in our standard of living, the claim is the same, these are tough times, and we have to make sacrifices. Tough times for who, and who is doing all the sacrificing?
     Since “the crisis” of 2008, the UK's wealth has rocketed, before that “dreadful” event, to get into the UK's richest 1,000, all you needed was a paltry £15 million. Today, according to the Guardian commenting on the Sunday Times UK Rich List, to get into that club you need a personal wealth of at least £100 million. According to that list, the top 1,000 have accumulated a combined wealth of £547 billion, this is more than double what it was just ten years ago. Poor ordinary struggle millionaires just can't make it any more. The number of billionaires in the UK has risen from 104 last year to 117 this year. Since 2010, bankers salaries have risen by 35%, FTSE 100 directors have had to get by on an increase of 14%, while MPs are struggling with a modest 11% increase.
       Compare these figures with those that refer to us, the ordinary people, the people that actually create all that wealth. We have seen wages cut, frozen, or had trifling increases of 1%, like teachers and nurses. On top of this we have had rising inflation, rocketing energy prices, cuts in social spending with the inevitable destruction of social services and our standard of living. Since that excuse for austerity, “The Crisis”, we have seen our incomes fall by more than 3.5% in real terms. And proof of the pudding, we have seen food banks pass the 1 million mark.
      Now ask yourself, who is seeing the “tough times”? Who is doing the sacrificing? A bigger question is, do we NEED austerity, or is it just a dogma being forced on us, so the the rich can continue to get richer, while the poor get poorer? After all we live in a very rich country, and the figures prove that it is getting richer at an incredible rate. The problem is that it is all going in the one direction, the wrong direction, upwards. 
      Let's take control of all that wealth that we create, and spread it among our own people. We don't need, nor do we gain by increasing the number of billionaires. We don't need FTSE 100 directors, top bankers, and we certainly don't need nor do we gain, by having MPs. MPs are people that the Crooks and Liars competition proves to be the best liars in the country. They need us, we don't need them. It is a massive con perpetrated by a small bunch of exceptionally rich and greedy people, it is not an inevitable, set in tablets of stone, system. Like all man made systems, we can destroy it, we can create a fairer and more just system, one based on co-operation, sustainability and fairness, why are we waiting?
Visit ann arky's home at www.radicalglasgow.me.uk