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Money: The dream is dying (If it’s not already dead)

August 11, 2021 Leave a comment

You’ve gotta love the way that the mainstream media somehow manages to keep on missing the real news.

In a week when the plight of Geronimo the Bovine TB+ive Alpaca was creatively made to look like some 160,000 deaths of infected cows over the same period that his owner has been fighting Defra simply didn’t exist, the pillars of our information rich society managed to overlook the further £1.15Billion of Bonds that the Bank of England has bought, extending Rishi Sunak’s mammoth money printing and public spending spree into realms which really do now span into the complete unknown.

Don’t get hung up on who is buying or who is selling what to who, when it comes to any kind of financial ‘product’, when the Bank of England or the Government are involved. Either way, this is a process of injecting even more obscene amounts of cash into an already overladen economy – all of which is effectively debt being run up on the public tab.

The thinking that underpins financial jiggery-pokery of this magnitude isn’t only flawed; it is also exceptionally dangerous. The repeated bouts of money creation that the Johnson Government has instigated since the Covid Pandemic began are so high, there is no practical way that this Country can pay anything near the whole amount back.

There is talk that our children and grandchildren will still be paying the bill. But the Johnson Government really have gone too far.

What is more, they have done this not off the back of owning something secure like gold – that actually exists.

They have literally created all of this money out of thin air, all on the principle that the system will keep rolling, accumulating like a rolling snowball, and that as long as it keeps rolling in the same direction (That means the money available gets bigger and bigger), then those driving it and who are responsible for it will never suffer from a fall.

What this apparently bright idea overlooks is the stark reality that exits when the amount of money available increases exponentially, whilst products, land, houses and capital assets that we can actually own, increase at a significantly slower rate – that is, if the amount of them available actually increases at all.

Those at the top of the money chain – who always end up with the bulk of all this newly created cash, have increasing buying power that the majority of us can only dream of. Meanwhile, they push the value of everything up significantly – alongside all the others who are milking the system or taking out value without giving anything back – whilst those on the lowest wages and increasingly even the middle classes too, simply don’t get the wage rises that mean they can keep up with price rises just enough to stand still.

By now, you will probably have realised that this isn’t a Covid-related problem. In fact, this problem isn’t really that new at all. It’s been in the making for 50 years or more.

What’s different now, is the way that the Government and the Bank of England under its instruction, has upped and is continuing to spend.

It is a matter for debate whether the money pumped out to keep the economy moving during Lockdown should ever have been needed at all. But we are well past that point now. And if we go back to the snowball idea that I mentioned above, the reason that so much money is being created and pumped into the economy, is literally to keep the whole thing moving because the Government is terrified what will happen if the whole thing stops.

SPOILER ALERT: It’s going to stop. The snowball will stop rolling and will not be able to grow any more.

The financial system and the economy are going to crash.

It’s not an if. It’s a when.

And the only question that we and ideally the media should be asking, is which will be the straw that finally breaks the camel’s back.

There are a range of different ways, and the list is growing. It could be the escalation of cost-of-living prices, like the energy price rises coming in the autumn, or even the flattening of the additional £20 per week allocated to families on Universal Credit as part of the Covid ‘bounce’. It could be a shortage of food on the shelves being caused by a shortage of drivers (that has more to do with the ridiculous standards and licensing requirements that the EU imposed on the industry rather than any lack of EU drivers caused by Brexit) and the unadulterated greed of shipping companies that have created a worldwide shipping monopoly that is seeing prices for goods transport go stratospheric – not for any good reason other than that they can name their price, based on making obscene levels of profit alone. Then there are the issues that are out of our hands such as the precarious state of the US economy, which itself is on the edge of a precipice so large, that it could end the US hold on everything economic as we watch the position of the US Dollar as the World Reserve Currency simply implode.

Whatever tips the balance, it really doesn’t matter. The way that money and economics works today is already well and truly sunk.The neoliberal dream that money can be whatever you make it is dying. That is, If it’s not already dead.

Instead of using the borrowed time that the Bank of England and the Government has left to do anything that they might be able to try to mitigate or offset this coming disaster, they are instead upping the throttle and increasing the speed of compiling and contributing events, literally treating the whole thing as if a disaster is impossible and will never happen. They are working on the premise that they can literally fake it til they make it, by printing more and more money until they believe they will have completely weathered the storm.

Think very carefully about the relationships you have with the people, businesses and community members located around you. Do all that you can to cultivate and develop them in positive ways. Because a time will come perhaps very soon, when we will all have to trade, borrow, barter, help and support the people who are immediately around us – just as life for everyone in this Country once was.

Obsessed with big headlines and the powerful job titles that each and every one of them is sniffing out next, MPs and Government Ministers focus only on what bigs them up, rather than fulfilling the roles that they were elected for.

Foreign trade deals really aren’t going to help in a world that has to reject globalisation because of the fallout from covid and the fact that we are being woken quickly to the unfolding nightmare which is climate change.

Government should instead be investing the money it has available whilst it still has tangible value. Government should support the growth and sustainability of local economies and supply chains that really do away with every kind of unnecessary journey and make it both practical and cost effective for as much of the food we eat and the products we buy to have travelled next to no miles as possible.

We really should be taking this opportunity to focus proactively on going back to improved and better ways and models of working that value every form of human input equally, meaning that a happy debt-free, safe and healthy life is something that even the poorest members of our society and communities can afford.

These things can be done in ways that will remove a lot of unnecessary pain when they are done not by necessity, but by reasoned choice.

Suing the Government over the Lockdown won’t solve the problems and end the crisis they have created for us all

May 3, 2020 2 comments

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Lone voices shout against the crowd, trying to stop everyone walking onto the beach to see the spectacle of a disappearing sea before the overwhelming horror and force of the tsunami returns, overwhelms and destroys everything whilst it kills or injures people indiscriminately and at will.

No, this is not the tragedy and disaster of Boxing Day 2004 in the Indian Ocean. This is what we are experiencing and living through right now. Albeit within what feels like a parallel universe where it has become necessary to attempt communication in metaphorical terms because it has become too difficult to communicate with people who have been taken in by the Government narrative in any other way.

You will either get it or you won’t. But just because you don’t get it doesn’t make it untrue.

Those that do understand the crisis that the UK is facing and has faced from the moment that the Lockdown began and are prepared to speak or act publicly even now, some 6 weeks in, remain very few in number. But that isn’t to say that a great many more don’t agree at least in part with what is being said.

Yes, the momentum appears to be completely behind the Government.

So successful has their media campaign been based on propaganda and the misuse of behavioural insights, that terms such as ‘social distancing’, ‘stay at home, save lives’ and ‘protect the NHS’ have turned the general population into a zombie nation . One that has become progressively more fearful of catching this virus since the COVID-19 Pandemic began.

Not only has the Government imposed an unnecessary and dubious Lockdown with physical distancing measures that has seen social distancing becoming common parlance and accepted terminology for the 2020 police state in the UK. They have failed spectacularly to mitigate and insulate our businesses and jobs against the fallout from their mistake. They are now consolidating the problems they have caused and are in the process of causing by doubling down on the steps they have already taken, using lie after lie in the form of hollow advice and directives to give credibility to the giant ones they issued to coerce the British Public to accept the Lockdown in the first place.

Of those speakers and lone voices I have already talked about, names such as Peter Hitchens who writes for The Mail on Sunday and Laura Perrins who is co-editor of the website Conservative Woman have consistently questioned the actions or motives of the Government over recent weeks, often receiving much vitriol and scorn from the usual suspects on platforms such as Twitter in response.

Such commentary appearing on my own Facebook feed via a friend who was commenting yesterday drew my attention to the Court Action and related crowd-funding request that is being initiated by businessman Simon Dolan.

Mr Dolan has instructed Solicitors Wedlake Bell and Barrister Francis Hoar to begin proceedings to sue the Government over the imposition of the Lockdown and already drawn much derision for doing so.

Having seen it suggested by the twitterati that Ms Perrins was experiencing a mental breakdown when she Tweeted that (as an experienced barrister herself) she might well initiate proceedings against the Government in the future on a similar if not the same basis, its not difficult to picture how the court of public opinion is feeling about anything that goes against the official narrative that still remains in place – no matter how wrong or how damaging it is or will soon turn out to be.

The difficulty for Mr Dolan, Laura Perrins or anyone else who wants to tackle the ineptitude and ignorance of the politicians our system tells us we must call a government, is that the tide of groupthink that is carrying the establishment will continue to convince everyone who is travelling with it that both the Government and they are right until the very moment of impact when it is too late to head off the disaster that is now destined to come.

Suing the Government and its abuse of its responsibilities and powers to impose the Lockdown upon us all is certainly justified.

But when you are dealing with a Government and an establishment that is drunk on its own power and obsessed with the sound of its own voice, doing the right thing and in this case attempting to use the very legal system against it that we know it controls is not going to achieve the result that those of us who are awake already want, even though it is precisely what all of us – including those who are currently blind the realities of the Government’s actions – so desperately need.

Every day that this Lockdown and any form of the complete injustice that is ‘social distancing’ continues will be another day too many that has added damage to real lives, our economy and our Country.

It was avoidable at the start, but has for many already become irreparable harm.

The false populism that the Government created with the Media’s help has ensured that too many people believe everything they say. The same people will regrettably not see it differently until the tsunami hits them personally.

In the same way, the majority of us will not hear the alternative message, reality and truth – that opposes the one the Government is foolishly doing everything that it can to reinforce and to repeat – until the physical impact of that message has actually arrived in our lives.

Using the Courts to tackle a Government that is failing in its job whilst legitimising stupidity is neither playing the same game, nor playing by the same rules.

Court action will regrettably fail in delivering any beneficial purpose – even if the action wins, simply because it will come too late to turn that tide. It will only succeed in making an already inept Government lie to us again and say they will do things differently if the same thing were to happen again. It will not change the people we have in power nor the way that they think in any way.

With the Lockdown now having been running for 6 weeks already, the options for anyone who arrives in power to clean up the mess that the Johnson Government has created are becoming fewer and harder by the day.

Domestic abuse, suicides, evictions, debt, job losses, unemployment, abuse, safeguarding issues, divorces, anxiety, depression, long-term mental health issues, deaths, reduced standards of living, poverty, hunger and much more besides are already inevitable. They will not be changed or headed off in ways that they could have been if we had good politicians and a responsible Government from the start – One that would not have opted for the Lockdown as the route out of the COVID emergency in the first place.

To limit the pain from the problems the Johnson Government and the political culture they are part of has created, we need different leadership right now.

Democracy will not solve the crisis. Democracy cannot repair the damage that has already been done. Democracy will not put the UK back together and rediscover our place in the World once the fight against Covid is won. Because democracy in this Country has become a lie.

We need a government that will literally impose all the changes and direction across all areas of public policy that will be in the best interests of all, rather than trying to court public opinion and that of a media that will only appreciate the steps that have genuinely been taken in the best interests of all once we have weathered the storm. That can only come when everything has been fixed and the changes made have had adequate time to run their course.

The regrettable reality is that it is too late for this Government and the Politicians that we have to get any of this right. They are not wired the right way. We need people taking the lead who will weather this storm for us and on our behalf who really are ‘in the same room’.

Whilst we should wish Mr Dolan and his legal team all the very best with what they plan to do, the reality is that we will need the money that we have and our time and our support will be better spent placing focus and effort elsewhere.

We will only see the end of this narcissistic Government and stop the process of damage and harm this political culture is doing to us all once they are removed from power. They and the kind they represent must never given the opportunity to return to pay lip service to responsibility in the way that they are doing now.

Rioting, violence and public unrest will serve no purpose in the fight for our freedom and justice for all.

That doesn’t mean we have to continue to maintain our consent for the politicians we have to continue to lead.

We have to recognise and then break the herd mentality that we have all unwittingly become part of that has given legitimacy to the Lockdown and everything wrong with what the Government has done and will continue to do.

Their words mean nothing. They have no value to us all.

It is only by embracing herd immunity and the process that it will take to get us there that we can together again become strong.

So when you see local businesses reopening in whatever form the might choose, or see people out and about walking or in their cars in whatever way or at whatever time of the day they choose, support them. Applaud them. Encourage them to do more. Even if you are not yet ready to do it yourself.

The only way that we can be rid of this Lockdown, the police state known as social distancing and begin to turn all the problems in the UK around, is to ignore the politicians who no longer have legitimacy in power to lead us and ignore all of the ridiculous messages, actions and rules that this out-of-touch establishment continues to impose.

We need leadership that respects the realities of public consent rather than abusing it to extend their own purposes and selfish cause.

There was a time when it didn’t feel like it really mattered who was in charge because everything would always stay the same.

Now we know different.

We must withdraw our consent for politicians, who through a process of self-gratification, are masquerading as our leaders whilst getting way with treating us all like fools.

Let’s focus all our energies on doing what needs to be done to limit the damage before the tsunami that has swallowed the sea that is the Covid emergency returns.

Some workers want this amount of money whilst others want more. But our needs are the same and government support is favoring some over others when we should all be getting exactly the same – not just in money but also support

April 12, 2020 1 comment

If you dare to look at the headlines or glance across the editorial of any of the national newspapers that might be worth reading, you will see today that there is talk within Government of there being Ministers who are doves and others that are hawks.

The growing argument between them is the subject of when the COVID-19 Lockdown should end. The so-called Hawks want the Lockdown to begin to end at the beginning of May, whilst the so-called doves want to wait until the Whitsun Bank Holiday at the end of May before even a loosening of the current restrictions can be allowed to begin.

When you have been writing about the massive holes and inadequacy of the financial support that the Government is providing since the Lockdown began like I have, as well as questioning the cost of the Lockdown vs. the benefit too, you might think it would be natural for me to be happy that at least some of our MPs are looking at all of this in the same way too.

I’m not. And the problem is that they are not even in the same room.

Whilst certain Ministers are clearly aware of some of the issues already being caused by the Lockdown – as they are being flagged by Civil Servants within their Ministries, they are not aware of others whilst many MPs are clearly unaware at any meaningful level of the real crisis that has been started by the Lockdown.

A personal and costly disaster is now starting to unfold in front of more and more of the people just like you and I and it is going to slowly but surely soon come into full view.

We have been conditioned to think and view certain behaviours as acceptable by the world around us. The behaviour of self-serving politicians, an Establishment that cares not for anyone other than its own, and a media that is so obsessed with the sound of its own voice have all contributed significantly to the selfish approach to life that we have which we don’t recognise as being wholly self serving – because right now its just the ways that life tells us things should be done.

As we look at the Locked-down COVID-19 UK, our thoughts will inevitably be about how the Lockdown is effecting us personally and the people around us, whether it is our jobs, source of income, the business we own and operate or any one of the large number of ways that each and every one of us has had our life affected or compromised in some way since life as we knew it changed in March and the Lockdown got under way.

No, it isn’t wrong to think about any of this chapter of our lives in this way. But as we fall over ourselves to shout about treating gig-economy workers the same as employees or to sign petitions to specifically tell the Government that we want directors of small limited companies to receive the same money as if they were an employee, we are collectively falling into the trap of thinking that different help and support for different people based purely on how differently they are employed will equate to the same thing. It won’t.

What we are overlooking is that all people share something very distinctive in common that makes us all the same. We all have regular bills that we need our incomes to pay and  the amount we pay is relative to what we normally earn.

It doesn’t matter what they are or how much those bills are for. Whether you are young, a Millennial, middle aged, retired or very old, there will be bills that you have to pay or have paid on your behalf.

Beyond the fact that we are human beings who live and die, what we all have in common is our shared reality that we always have to pay a bill each month and in some cases many of them. That’s how we are all the same.

If we were to genuinely be treated the same by the Government and a situation were to never to exist where any individual, social group of business sector were to fall through the gaps, the Government would by necessity be targeting the help they can give at us all in a way that was proportional to what we earn or the situation that we are in – but in a way that would actually treat us all fairly because it would support and help us in the very same way.

The very same rules apply for businesses and business owners whether they are limited companies or sole traders too.

For us all, the flow of money into and out of our bank accounts is what makes life turnover. And for business – who in this sense are exactly the same as people, cash flow is king – unless of course you are the bank or finance house which creates all the money and to where all the money we pay out in the form of each and every bill we pay will ultimately flow to and end up.

We pay our bills to a service provider or company that has provided us with goods or the finance to do it. It might be a mortgage, rent, for a car, our phone, TV, electricity and gas or many other things that we might either want or need.

The company, person or business to whom we pay that bill and the money we use to do it will be in exactly the same position as you and I are. What we pay them is their income, just like our job or business is ours. From all the combined income they receive, they too have to pay their bills.

In many cases, this payment of different bills and transfer of money happens over and over again at different levels in what might be a very long chain, until the flow of the money ends up in the same place: the banks and finance houses.

If the Government really desires to treat us ALL exactly the same as it should – that’s equitably and in a way that is completely fair – it would temporarily stop the need and requirement for that money to continue to flow where the chain is no longer complete or simply has no start, so that none of us have to earn anything at any level or any stage of that chain to keep paying bills to the people, businesses or companies that are in the next link of the chain above us.

With the need removed to pay our bills for items that we wouldn’t order or commit ourselves to having during a time that we couldn’t afford to or would be willing pay for because they are a luxury and not a necessity, the only problem for the Government would then be a question of how people pay for food and essential items that we simply need to meet our real everyday needs – not our ‘wants’.

If the Government did this, it would create a genuine level playing field in a time of National Crisis that would benefit us all.

Stopping the need for monetary flow would significantly reduce the chances that businesses will not reopen and that more and more people will lose their jobs and income permanently once the Lockdown actually comes to its end.

Be under no illusion. This action would prevent misery for many and save a significant number of lives.

Without a universal financial support solution of this depth and breadth in place to counter the effects of the COVID-19 Lockdown, the problems and very challenging life experiences that many people would not have been suffering before it began, are going to get much worse. The impact of what the Government hasn’t done will affect more and more of us as the length of the Lockdown rolls on.

The Government should End the Lockdown right now. But if it refuses to do so, it must at the very least change direction with the financial support that it is giving all of us and do it right away.

  • Job losses
  • Suicides
  • Hunger
  • Business Closures
  • Evictions from homes
  • Administrations
  • Domestic Violence
  • Abuse and safeguarding issues
  • Debt
  • Insolvencies
  • Repossessions
  • Loss of custom and business
  • Debt and borrowing
  • Bankruptcies
  • Mental Health issues
  • Depression

And the issues that are the cause of any or all of these horrific life experiences are already on the rise as a result of the COVID-19 Lockdown.

No considerate and caring person would ever wish any of these experiences upon another human being. But the Government’s decision to implement the Lockdown, then failing to treat us all in the same way will ensure that a rise in these real-life horror stories is exactly what the UK is going to get.

No matter what the Media messages tell you or how unpopular TV presenters and Journalists may insist that the alternative to what the Government is doing will be, the Government MUST change direction and handle COVID-19 differently by bringing the Lockdown to a decisive end as soon as it possibly can.

If the Lockdown continues for any further time at all or not, the current system of financial support that the Government has issued doesn’t work as it should. It is creating many problems for individuals that not only include those mentioned or referred to above, but will in time be known to have caused many more whilst creating a national financial crisis and the accompanying personal hardship that none of us alive today will consciously remember having ever seen.

These wholly inadequate measures MUST be removed and replaced with a system that ends the requirement to pay bills for anything that has not been ordered or committed to during the Lockdown – with the exception of things like car insurance if you are continuing to use your car.

Despite the complication of doing so, the system should also be backdated to the start of the Lockdown (at least 23rd March 2020) and those who have been paid some or all of the £2500 per month average wage equivalent excluded from any weekly essential goods and food payment scheme until the equivalent of what they have already been paid through the current payments system from the start has been reached.

A £100 per week payment per person is enough for food and essential items for those who have lost all their income, have been furloughed or are not being paid during or as a direct result of the Lockdown.

Everyone who has been able to continue to work is doing a great thing to keep the Country moving when everyone else cannot. For them, having their bills stopped would be a payment holiday nonetheless. It would therefore be a financial bonus for doing their bit that would be fair and acceptable both to them and to all.

The damage that the Lockdown has already done to lives and businesses is already on target to be very severe indeed. But the cost of the Government failing to treat us all equally and in the same way will be catastrophic for us all.

Beyond a financial depression that is likely to be worse than the Great Depression of nearly a Century ago, the patience upon which civil order sits is already painfully thin, and the moves by the Police and even Supermarkets to behave like we have already become a police state does not bode well for the future of the UK if the Lockdown continues or continues without meaningful change to the system of financial support that is currently in place.

The lack of care and consideration for the impact of this Lockdown that has been driven by the advice of medical specialists, and measures to counter the impact that have simply not been thought through tell us that there is already a vacuum or absence of leadership at the top of the Government. This absence will help even less if that wafer thin patience is broken and the leadership void could easily be filled by alternative leaders who would happily expand and assert that police state deliberately.

Please don’t allow this to happen whilst we still have influence and a choice.

Let’s join together and tell the Government that the measures they have been taking aren’t helping us all in the same way that they would if they were fair.

Let’s also join together and tell the Government that its time to End the Lockdown now and treat everyone like we have the same value, whether or not we get talked about a lot on TV!

 

 

 

 

Why it’s time to end the Lockdown & how to let life resume and face whatever happens next

April 6, 2020 8 comments

img_551713 days into this brave new world and you can see that the novelty of the Lockdown and social distancing is beginning to wear thin.

A week from now, the news that 3 weeks of this was just the start of something much longer will be beginning to sink in.

But by then the pain will already be less about being kept inside our homes. It will be more about how people can continue to live and the question of how businesses will survive an indefinite Lockdown, just so they can get to the end of the Lockdown and still exist.

There is a disaster unfolding behind the media coverage and focus on equipping and preparing the NHS to treat a significant number of critical-case Coronavirus Patients.

This real crisis is much bigger than many could comprehend, even if it was something that they could now visibly see.

Already there are businesses that have closed for the Lockdown that will never reopen. Others will close as the Lockdown continues. Some will survive until it is clear they cannot service a growing mountain of debt that accumulates daily, simply because the Government did not think through the implications of what a full Lockdown would mean on so much of our business sector and industry.

The Government has simply failed to comprehend how businesses and the people who own and run them need to be supported so that they will be there to provide services, products and employment for the many others who will need them when the time comes to restart.

Yet to hear the media and read the non-stop commentary wherever you look, the only game in town is ‘Protecting the NHS’.

Don’t get me wrong, we need the NHS to be fully equipped and ready to do the best for people that it can. But with Field Hospitals like the London Nightingale now open and others around the Country clearly earmarked for opening very soon, the political focus needs to move swiftly to the unseen crisis that is beginning to evolve across our Country.

The hard truth is that deaths that will sooner or later become inevitable anyway should really be a lower level priority against what is now set to become a very extensive list of problems that people attempting to live their lives are having to or soon will have to face.

It feels very unpalatable to even think, let alone say that you have to accept and be prepared to let some people die, so that the majority of others can continue to live.

The problem is that it is also the truth.

The Government has backed itself into a corner by implementing the Lockdown. There is no risk-free way out.

Coronavirus Testing will be too slow to be any help in reducing the time it will take to try and manage the process of infection for the whole population.

Using tools such as Immunity Certificates would create massive social problems – if the Government then used the force that would be necessary to keep people who haven’t had Coronavirus at home – which is what they would have to do if they let those who have had it are able to have lives and everyone else does everything they can to catch it, so they can do the same too.

Whilst no politician wants to hear it said of them that they deliberately let people die when some of them could be saved, the harsh reality is that if we are to get out of this Crisis and the Coronavirus Pandemic in the best shape possible, we must all accept that in the world we live in, a life isn’t life if a person cannot actually live.

It is difficult for some to understand this, because in the form of the personal tragedies that we see rolled out continually on TV and the stories of he NHS in crisis that we hear daily, Coronavirus has given the intrinsic fear of death that we all share both a face and a name. It has taken on a very visual and highly emotive form.

The reality is that people are going to die from Coronavirus with or without the Lockdown and it would be much healthier for people, the whole Country and our economy if the Lockdown was ended and we got life restarted as quickly as possible and then dealt with each case of Coronavirus and its respective knock-on effects as we go along.

The genuinely vulnerable members of our society who are likely to be most at risk will continue to be at the same level of risk until a vaccine has been identified, tested and administered to them.

The time that it would take as a minimum to vaccinate everyone – given what will be a worldwide demand – will simply be too long for any civilized Country to wait for whilst keeping a shutdown in place.

Our high-profile Politicians like to talk up the Crisis as if it is like fighting a war. In the Second World War when Campaigns such as Operation Overlord and the D-Day Landings were planned, Prime Ministers, Presidents and the advising Generals around them literally worked out how many lives they would have to sacrifice on the battlefield to get the job done, so that the wider populations of their Countries and the World itself would win the fight against oppression in the end.

Such responsibility and leadership in strategic thinking is required of the leaders that we have now. The Politicians have talked the talk to win power. Now they must walk the walk to enact that power and see this through.

The implications of the Lockdown would not have been nearly so bad, had the Government taken an even handed and fair approach to mitigating the impact of the imposed standstill on workers of every kind and businesses alike.

But they didn’t, and this means that how the end of the Lockdown and the restart of life is managed must take into consideration where things are right now and where they will be rather than where they were before it started, because this whole situation is evolving each and every day.

It’s time for the Lockdown to end now. It’s time for life to restart.

There is no perfect way to plan the fight against Coronavirus, or to put together a strategy for ending the Lockdown, letting life restart and managing cases of Coronavirus either now or thereafter. There are simply too many unknowns and variables within what is a live and evolving Crisis for that ever to be the way.

However, we can ask that the Politicians do their best, and in terms of ending the Lockdown now and getting life back on track, these are some of the key things that they can now do.

Notification of Coronavirus Symptoms

Perhaps the key factor or source of information that the Government needs going forward, is clear and decisive record of who has experienced Coronavirus Symptoms – even if no medical intervention has been involved.

  • Upon first experiencing Coronavirus Symptoms, individuals should be able to Register using their individual identification data on the Government Portal.
  • This responsibility to register would become that of parents, carers and guardians for children and vulnerable people
  • Nobody should be able to claim Coronavirus Sickness Benefit without having registered first.
  • In the first instance and until such time as it is confirmed whether Symptoms of Coronavirus could be suffered more than once, individuals would be able to claim only once,
  • The data can then be used to distribute the Coronavirus Antibody Test once it is universally available and thereby technically available to all
  • On completion of registration, the Government Portal should allocate a unique reference number for every individual to use to claim benefits such as Coronavirus Sick Pay and payment holidays

The NHS

It will remain essential to keep resources flowing towards the NHS so that it can manage the critical stages of the Coronavirus related illness that some people will inevitable suffer – just as they are now.

Field Hospitals, Intensive Care Units, Ventilator numbers and the recruitment rate of staff will have to continue to rise until the natural infection rate and the number of people it will effect critically at any particular time has been reached.

This will not be long once the restart has begun. But there is likely to be a period of time where it doesn’t look like the NHS can cope and numbers of people are dying who might have been saved, had more resources been in place.

‘Protect the NHS’ is the Trojan horse argument that led to the shutdown as the chosen way to attempt to manage demand in the first place. It’s where the Government went fundamentally wrong.

  • Local Trusts should set up Designated Reception Centres, separate to GP Surgeries and Hospital Reception areas used for other purposes
  • Local dedicated helplines should be provided to field calls from those with symptoms
  • Dedicated Ambulance provision should be put in place for Coronavirus sufferers
  • The general emergency Ambulance fleet should be kept separate.
  • Serious consideration should be given to requiring benefits claimants to report for duty as healthcare assistants, with full pay, work and training options to be offered after a qualifying or probationary period.

The Restart itself

The way to lift the shutdown isn’t to try and overcomplicate things by using terms such as calling it ‘gradual’ or ‘taking things in steps’, or anything else that even hints at there being some form of managed delay.

Whilst we might all like to think that the world as we knew it before March could just be switched back on at 9am on Monday morning it won’t happen no matter what we do. The time it will take those businesses still operating to return to full operation will take a lot longer than it took them to shut down. That is before you take into consideration the natural trepidation that many people are going to have as a result of the negativity and scaremongering that has taken place on the part of the media.

Even now, barely a fortnight in to the Lockdown, things will have changed markedly and they will continue to do so each and every day until the new norm for life begins.

People and businesses are going to work differently, travel differently and think differently. So the resumption of participating in everyday life will take time under its own steam, without anyone or anything else being involved.

Social Distancing

Social distancing in areas where people are usually in close proximity will be a good measure to retain formally, even though people are likely to keep their distance for some time as it has already become an accepted part of life.

Even if social distancing plays no further active part in dealing with Coronavirus – given that there are very recent suggestions that the Virus can remain active in air for up to three hours – it will help address any social awkwardness that will exist for some people once the Media’s negative messaging campaign is over and done.

Sick Pay

  • Everyone working who has unable to work because they have caught Coronavirus should be able to rely on having Coronavirus Sick Pay
  • The Sick Pay should last a calendar month from the date of registration
  • There should not be a laborious process of application involving claims for Universal Credit or applications via Jobcentres or the DWP.
  • The Coronavirus sick pay should be claimed on behalf of employees by employers and paid as part of the monthly PAYE process
  • The self employed and/or contract workers should be able to claim their sick pay back as part of their next Annual Tax Return.
  • The reference number allocated at registration should be used by employers for PAYE purposes and on individual Tax Returns.

People

Fundamentally, it is essential that every member of the population is treated like an adult, trusted to do the right thing and given no excuse to do otherwise. To support everyone, the Government must ensure that all practical issues people may experience if and when they suffer with Coronavirus has been mitigated against adequately and given added value as an incentive too.

Put simply, if there’s no way people can lose out, they will do the right thing.

  • Any individual, their parent, carer or guardian will register Coronavirus Symptoms using the Government Portal
  • Upon registration, individuals should be required to immediately self-isolate and remain isolated for a minimum of 14 days
  • Upon experiencing escalating symptoms, individuals should report to local NHS designated reception centres or call designated helplines if transport or an ambulance is required
  • All domestic bills, rents, leases, loans, interest and debt repayments to stopped for a month as a ‘Payment Holiday’
  • Individuals to use the reference number provided when they registered with the Government Portal to confirm they are on a legitimate payment holiday with debtors or those they should normally pay.
  • A payment of approx £100 per week to be payable to every individual Registered in the ‘Coronavirus Window’ for a period of four weeks to cover food and essentials

The Vulnerable

  • The vulnerable have to be allowed to make their own decision about the risk, about remaining in isolation, or returning to ‘normal life’. They should not be pressured to go either way.
  • Benefits Claimants without medical conditions and unemployed should be tasked with providing the support currently provided by volunteers.

For Business

  • Businesses of all sizes should be protected from the impact of the Lockdown for the period of time it will take things to return to or find the new normal, once the Lockdown has been lifted.
  • Where necessary support should be applied retrospectively to the 23rdof March 2020, if not the point in time before that when levels of business within marketplaces are recognised as having began to decline in response to the early stages of the Coronavirus Crisis.
  • All businesses should have a 3-6 months ‘payment holiday’ from rents, leases, mortgages, repayments, interest, debt
  • Heavy fines and/or jail terms should be immediately awarded by a District Judge without trial or appeal, to any Creditor, Company, Director or Partner thereof refusing to facilitate the ‘payment holiday’ and/or attempting to recover any related sums using other or additional debt devices or levying additional payments or raising prices relating to that relationship

Funerals

For the duration of the Coronavirus Pandemic, the Government should intervene to ensure that the disposal of bodies is facilitated without delay, without price gouging or profiteering and is provided on the basis of a same-level, community service for all.

  • The Government should set a fixed, realistic cost for a ‘standard’ funeral with a transparent minimal fixed margin and no additional payments being made for anything not specified
  • The Government should pay the cost of ALL Funerals at the standard rate for the duration of the Coronavirus Pandemic
  • Local Authorities should administer the allocation of care of the deceased and funerals to local undertakers on a take-it-in-turns basis
  • Local Authorities should administer payments to undertakers and make them immediately
  • All funerals should be provided on the same basis and not open to change or being ‘upgraded’ by additional payments from families etc
  • Funeral Insurance payouts to either be split with the cost of the standard funeral being returned to the Government and any outstanding balance returned to the family or estate, or simply paid out to the family or estate

The Media

Whilst free society needs a free press, the current approach, lack of ethical standards and reliance on dressing up subjective opinion as news requires that Government take a different approach and one that doesn’t play into the system as it is.

  • The forward briefing, advance copies of Government speeches and embargoed press releases need to stop.
  • Regulation needs to be introduced that requires news to be news, and for the mainstream media to promote the wider concept of the principle of charity in all things, rather than constantly looking for every opportunity to create negative spin.

#endthelockdownnow

Labour’s Universal Basic Income is nothing but a temporary bridge across a black hole of a problem that none of the Parties understand or are prepared to deal with

November 10, 2019 Leave a comment

89447a1c-d5a9-4158-b167-d12c506c5774The headlines this morning make painful reading to anyone who can see the real costs of The Labour Party’s plans and what they will involve.

Actually, it’s not the suggested figure of £1.2 Trillion over five years spent on public services that the real problem.

It’s the reality that this child-in-a-sweet-shop-with-birthday-money approach to fixing public services involves nothing more original than throwing money at the problems with no investment for the future or genuine long-term returns involved.

All well and good you might say if your only priority is to get a government elected and indefinitely keep that power.

But for the millions of British People who are experiencing the arse end of all that’s wrong in this Country each and every day, any positive impact from Labour’s great giveaway will be short lived once the default causes of all these societal ills have quickly bubbled back up to the surface again through the pile of vaporising money that these cynical left-wing politicians tell us they have in store.

The hollow promise that comes with a Universal Basic Income is the suggestion that poverty can be addressed as simply as giving everyone the same amount of money each month before spending on everything that life demands of us begins.

It’s a nice idea. And for people caught in a poverty trap with little or nothing, the promise of a lump of no-strings-attached cash each month is an electoral vote winner that is likely to go far.

If only life were really that simple.

The biggest problem that people on or below the poverty line in this Country face is not what income they have. It’s keeping control of the cost of everything that is essential to live, get by and to enjoy a basic or acceptable standard of living or quality of life.

Identifying the amount of money, or the combination of a Universal Basic Income payment plus any benefits that might be payable that are involved right now, today, doesn’t address the issue of what they will cost thereafter. Nor does it address the issue of how the real cost of living got to where it is today.

The reason for this is one of the greatest cultural ills of business today.

It is the exploitation of every opportunity to make profit wherever and whenever possible. Not because that’s what makes businesses work and function. But simply becuase the circumstances exist where they choose to because they legally can.

Too many profit hungry business owners, managers, shareholders, agents, financiers and speculators are taking too much money out of a system where there would otherwise be plenty that was affordable for all. They interrupt and place themselves within supply chains, production chains and service chains without adding any value to the process themselves – and this process often happens more than once.

Gandhi once said that ‘Earth provides enough to satisfy every mans need, but not every mans greed’. Our politicians clearly don’t read and if they did, they certainly don’t listen.

Whilst an argument can be made that Labours Election Manifesto includes a plan to re-nationalise essential public industries such as power, water and rail, the reality that they have no plans to address the institutional problems that exist within the Public Sector mean that the profits currently being sucked out of these industries by private shareholders will simply be redistributed to other destinations of a self-serving kind, whilst the service itself and cost to users will progressively get even worse whilst costing us all even more.

Addressing the cost and regulating the freedom of the private interests that you can never realistically remove from all manufacturing and production, services and supply, to charge whatever they want for goods and services that are essential to providing a basic quality of life for us all, should therefore be the primary aim of any political party that really wants to improve life.

It should be a simple task for politicians who genuinely care and intend to lift the poorest in society out of the circumstances that are a vicious circle that condemn them to want, debt and an experience of life that nobody in the 21st Century UK should ever have.

Labour, the Liberal Democrats, the Conservatives – in fact none of the Political Parties we have on offer to us as Voters today, really have any idea nor understanding of how the monetary system works. Yet they are obsessed with monetary theory.

They don’t know how business operates. But they believe themselves qualified to regulate or deregulate at will.

They certainly have no appreciation of how technology is not only destroying and dehumanising relationships. But is also making the ability of the unscrupulous to exploit others and the vulnerable easier than it ever has been before.

The people or so-called politicians that we already have and that we are about to elect again in December are not fit to rule over us. They have no idea of what the problems facing this country really are and how they affect people of all demographics and backgrounds. They have no vision of how those problems can be addressed. And they certainly have no idea of what they really need to do to begin solving any of them.

Until we have politicians and leaders in this country who do see, understand and are prepared to do whatever it is that is necessary to deal with the issues that this Country faces, the fuckwits that we have in power will play around only with what they perceive to be the problems that others outside the Westminster bubble face, whilst what amounts to their tinkering makes everything everyone else is experiencing a whole lot worse.

 

Government should be ensuring that people can afford to live on a basic income, not make cheap headlines from a non enforceable wage

October 1, 2019 Leave a comment

Our MPs are so busy getting drunk on their own power and glory, they really have lost sense of reality with the policies that they continue to propose.

The problem is that without looking at the detail more deeply – as the people we have trusted to run this Country really should – the soundbites that they keep pumping out in isolation sound all so very good.

In quick succession, we have had the Liberal Democrats. the Labour Party and now the Conservatives throwing out policies from their Conference platforms that have been designed as nothing more than cheap tricks to buy voters off.

Promising the earth and then failing to deliver has very little cost for the unscrupulous politicians involved.

But policies like simply cancelling Brexit, reducing the working week for everyone to 32 hours and raising the ideal hourly rate for the Living Wage has a real impact that will not deliver the beneficial experience that these politicians are suggesting they can control.

Pretending that Brexit and the vote that led to it can simply be cancelled as if it never happened would be beyond stupid and would have very serious consequences for everyone – no matter what fairytales those obsessed with Remaining in the EU would like us to be told.

But what we earn and how we earn it not only has an everyday effect on how we live our lives, it is also all about what we can afford.

Politicians on all sides are completely out of touch with what it actually costs us to live. The reality is that even on a 40-hour-week paid at £10.50 per hour in 5 years time, thats only £420 per week or £21,840 per annum. It’s not enough today for a single adult without children to be self sufficient, let alone tread water or basically survive.

The cost of living in this Country is stupidly out of control.

The way that we measure the health and success of our economy should not be wage rates and rises, GDP or statistics in any other form. But whether the poorest amongst us can look after and completely fend for themselves on the basic minimum wage without going into debt, claiming benefits or having to look to charities to someway get involved.

The way that a more enlightened government or MPs who actually know and have respect for what they are doing would achieve this is to actually use the power and responsibility that they have been given to make changes the the framework that business and finance operates within. Not to tinker on the edges by applying sticking plasters that will have already lost their ability to heal anything by the time that they come into use.

Too many businesses, financiers and property owners are taking too much value out of every product and every service that is provided in this Country, without putting like-for-like benefits back in.

The system is complex and complicated and few of us really understands how finance, markets and supply chains work. But the benefit is all going one way right now and continuing to take the most from the people who can least afford it. All so the people at the top of the chain can keep adding to a cash pile they have no genuine need to use, whilst looking at the ease with which they can work the system and concluding that they can take even more.

Politicians should not only know, but be acting proactively to address this. Not to eliminate the financiers, business people and economists like Labour might like to do so. But to introduce a considered set of ethics and regulation in every aspect of business in this Country, so that end users are only ever paying whats fair for the basic products and services that are essential to live and survive. But above all, is no more than what they can actually afford.

Until we have politicians prepared to take the steps necessary to address the real cause of the cost of living problem, the way that economics work means that the people who are now having to go into debt, look to the government or charities just to get by and stay alive will continue to see life as something that they simply cannot afford.

 

 

Improving Social Mobility is about addressing the way decision makers think, not about academic education alone

October 8, 2018 1 comment

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The three key misunderstandings and fallacious barriers to Social Mobility are:

  • That Social Mobility issues only affect young people who are in their career development years
  • That the only way to improve Social Mobilty is through ensuring that everyone achieves a ‘full’ academic education and that the attainment of degrees is key
  • That Social Mobility issues relate to the achievement, progress or outlook of the individual and nobody else

With one evolution of the Social Mobility Commission having resigned because of lack of Government support and another now appointed in the image of all the same Establishment ideas, the key issues underpinning lack of progress in tackling the barriers to Social Mobility are still being overlooked and this travesty is set to continue further still.

As is often the case when a cause is given a label, the Social Mobility problem is an issue which has become closely aligned with just one interpretation of its cause. This closes down debate and dialogue about the much wider range of issues which attribute to reducing opportunities. It also excludes consideration of a wider malaise and certainly overlooks the real impact on not only the individuals affected themselves, but also upon the wider community as a whole.

Yes, many young people are overlooked because of the start they had in life. The place in which they lived. The schools which they did and did not attend. The qualifications which they did or didn’t gain.

But the reality is that it is a very long list of factors which prevent any one person from progressing.

The interpretation of someone’s validity on the road to progress and passing these barriers is not simply restricted to that of employers, educators or any of the external gatekeepers of opportunity.

No. The perception of not being good enough to overcome any barrier to Social Mobility can be that of the individual all on their own.

The obstruction to unhindered Social Mobility, is the many prejudices which are not and cannot be managed by regulation or by the methods of review and reform which have become the cultural norm in this Country.

In a society which has learned to make effect synonymous with cause, we overlook the real causes of societal problems and as such have no way to address the consequential effects.

The social justice warriors, the politically correct, the rights lobby and liberal left all congratulate themselves on the strangle hold of regulation which decades of manipulation and social engineering have helped them impose.

Yet the rules which govern Equality of Opportunity in their purest sense have actually made prejudices easier to employ.

Only now, beyond the scope of the processes which assure us that prejudices have been all but removed, they are less likely to be evidenced and hide in plain sight.

Yes, we have regulation against gender and sex discrimination. Race discrimination. Disabilities discrimination, Religion, Age and sexual orientation too.

But in creating these frameworks or safety notes, the idealistic engineers of this ill-considered social plan have provided the perfect opportunity for people to surrender ethical responsibility to being seen to adhere to the set of rules which now exist. They have been given a set of pillars that once worshipped, allow them to do whatever they want to by behaving in ways which legitimately go around these rules or sit somewhere in the spaces in between.

We now not only have a situation where decision makers can quietly be racist, sexist, or are allowed to quietly indulge any other prejudice we might not collectively like. They can continue to do so unimpeded.

The consequences of this ‘big vision’ engineering project create many other problems too. Problems which include disadvantaging the already disadvantaged and building barriers to progress which the very same people will now never cross.

And guess what. Yes. We find again that achievements exist only for the same few to easily win all over again.

Take for example the assault on the education system that the Blair Government undertook, with the overt aim of giving everyone the opportunity to gain a degree.

The result has been the commercialisation of the further and higher education system, leading to the prioritisation of winning fees, rather than focusing on the quality and commercial durability of the education provided. Running education as a business has almost certainly put its future in serious doubt.

It is a process which has already led hundreds and thousands of hopeful young people to begin professional life in serious debt and with academic qualifications which are to many businesses completely worthless.

Yet the debt-laiden graduates only find out too late that these quack qualifications don’t mean much at all to the world around them once they have left the supposed safety of the academic universe behind.

The world of big business and its new world of ‘created roles and specialisms’ has responded to the glorifying of academic qualification over the benefit of time-served experience by recognising degrees as a standard for anybody worth looking at. Not as a way to recognise specialism in itself. But as a like-for-like replacement in recent years for what would previously have been well illustrated by the attainment of 3 A’Levels, and only a few years before that just 5 GCSE’s.

Not everyone is cut out to be a CEO, Director or even a manager and non-academic people bring value to business which only when added to the contribution of real academics can it add up to a formula which is so much more.

The dangerous mix created by this non-stop meddling has fuelled the entitlement culture. Qualification has become more valuable than experience and experience is not of value to those who have qualifications.

Letters on a CV are seen as more important than attitude, motivation, or the many other life skills which business used to intrinsically value, which they now overlook. The system now unwittingly leads them to place applications from people who would should be the next generation of commercial superstars straight in the bin.

It doesn’t stop there, and within a tick box, risk-averse culture where Recruiters and HR Officers – that’s people who have and never will do these jobs themselves – have overwhelming power over recruitment processes, there is an untamed focus on identifying reasons to not even shortlist candidates – usually because they don’t have a degree.

Good people are now denied jobs where they can thrive and the employers and companies themselves never gain access to the wider pool of candidates where the real benefits of selecting people with the right experience rather than just a paper qualification lies.

The consequences of this social meddling are already far reaching indeed and because the UK could never afford to provide education to 21 years as a standard – which in itself was never needed, it was inevitable that a new form of educational discrimination would introduce itself. And it’s the worst one of all. The preclusion from opportunity for even more young people based simply on cost.

Just in this one example of social meddling focusing on education alone, where impractical idealists have tried to impose a system of restrictions based upon no experience that they have or have in no way never known, we can see how far reaching the impact on consequences of quixotic thinking can be.

This is a pattern which is unfolding itself over and over again within all the areas of our lives where lack of consideration has been applied to the consequences of imposing the ‘consideration’ of rights and ‘positive’ discrimination on a society which will always have its own mind and not the one which political busy-bodies which to create for it.

The barriers to Social Mobility are all about the way that we think.

But the change needed and the tools which will enable us to break down those barriers and make that change will only come when decision makers with the power and therefore the ability to oversee that change go through a voluntary process of accepting that they themselves need to think differently.

That change will come about as a direct result.

That change cannot and never will be imposed.

 

The ‘rent’ economy is enslaving us all, creating money for nothing for the ‘asset rich’ and progressively extending poverty to all the ‘paying poor’

December 28, 2017 Leave a comment

download (10)Every day we are hearing and reading stories about wage stagnation, price escalation, homelessness of the kind where young people can’t afford their own place, spiralling personal debt and a whole range of stories which relate to the cost of living. Stories that are repeatedly telling us that maintaining a basic life in the UK is very quickly becoming a luxury that many of us simply cannot or will not be able to afford.

Alone, each tale told can and often is attributed to a range of causes which are nonetheless real, but also overlook a common theme throughout all of these issues. The commonality between them all is the economic concept of ‘rent’. The impact of third parties taking ownership of all or part of a product, the delivery of a service, or some other form of purchase at some point in the process from where it originated to where we use or in consume it in some way.

Rent is of course a term we use in daily life to describe paying to use something which belongs to someone else. The most common usage is that of renting of a house, where instead of there being a simple relationship between an owner occupier and their house or property, the occupant rents the property from the owner, essentially increasing a basic two part relationship into three.

In just this example alone, we can take it one stage further and add a bank or mortgage owner of a buy-to-let property (1) which is rented by the occupant (2) from the owner (3) who borrows the money and pays interest to the bank (4), which may itself have borrowed that money from another bank (5).

Whilst we would normally think of just the transaction between the occupier and the property owner as being ‘rent’, in economic terms, any additional party taking something from an overall transaction or supply chain between its origin and use who isn’t essential to the core process is receiving rent of some kind. They in turn may split their role between themselves and others, each adding their own profit as they do every time it happens. Ultimately each additional participant in the chain raises the price of whatever we as users or consumers will be expected to pay.

Sometimes, a number of stages appear necessary. For instance the food we eat might have to be grown by a farmer (1), which is bought by a manufacturer (2) who pays a haulier (3) to transport it to where they will process it. The manufacturer then sells the prepared food to a wholesaler(4) and pays another haulier (5) to deliver it to their warehouse. The wholesaler then sells it to a supermarket (6) and pays another haulier (7) to take it to their distribution centre. The supermarket then pays another haulier (8) to deliver the product to its store, where it sells the finished product to us (9). Do believe me when I say that the chains are usually much more convoluted than that!

Of course, we are all guilty of falling into the trap of forgetting how complex the process is which brings us our food and most of the items that we consume or the services we buy, because for us the process seems to be so very easy. But look closer and we will soon see that even a supply chain of this size may involve unnecessary parts and people taking ‘rent’.

So what does this all this talk of rent really have to do with the cost of living?

The real problem with the provision of goods and services is that the UK operates within what is called a ‘free market’ environment, which it has been since at least the time of the Thatcher Government (1979-90). Within this free market, reduced levels of regulation and influence from the government – who we expect to guard and protect our best interests – provides the opportunity for additional 3rd parties and in fact many more of them to involve or add themselves to the chain of many of our daily transactions. By doing so, they can make significant profits from what in some cases will be as simple for them as a click to buy and another to sell.

Whether it is food, clothing, fuel and oil, transport, communications, borrowing money, or just about anything we can imagine that we can buy, there are now speculators buying and selling products and services, sub contracting responsibilities to others, all of them taking additional profit by taking ‘rent’ which there is no practical reason for anyone needing to pay. They indirectly inflate the prices we pay for the end product, increasingly making those things which should really be quite affordable, simply too expensive for us to buy.

These speculators do this because they can. There are no real rules to stop them, and they are making as much money as they can without any consideration for the impact of their actions on the end users – that’s us. And they have little concern that they will have to stop doing so, because the banks simply continue to lend money to the people who have been forced by this process to borrow – if indeed possible – in order to survive.

Think about what really caused the 2007-08 Financial Crisis, which was the sale, resale and resale again of financial products or debts which became so complex, even the financiers themselves didn’t really know what they were buying and selling on.

Bankers were making massive amounts of money – all because nobody was monitoring exactly what they were doing, whilst their own ‘success’ blinded them to how value was being created by lending to people at one end of this elaborate chain who simply didn’t have the ability to pay back what they had been lent.

The Bankers didn’t care before it happened and they don’t care now. They are still not regulated in the way that they should be, and were actually saved from going under in 2008 by the Labour Government at the time by giving them Billions of Pounds of money in bailouts and rescue funds that the Government itself borrowed, and which we are still paying for through the accumulation of public debt.

These are people, banks and companies who are quite literally making money for nothing, and its all at our expense.

The ‘rent’ economy has been evolving as the reality in which we live for many years now. But it is only as more and more products and services have come under the control of those with the money and unrestricted influence to speculate, whether it has been through privatisation, the development of near monopolies or money simply being placed within unscrupulous hands, that the real impact of ‘farming everything for profit’ has began to become fully clear.

 

 

 

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