Abandon All Fear

What nobody else seems to be saying…

Posts Tagged ‘government’

[The Enemy of my Enemy] is Still not my Friend

Posted by Lex Fear on November 1, 2009

If TalkTalk was not such an odious company I would thoroughly applaud this move by Andrew Heaney, TalkTalk’s Executive Director of strategy and regulation.

Posted in Bad Company, Bollotics, Copywrong, Morals & Ethics, Protest, Uncircumcised Philistines | Tagged: , , , , , , , , | 1 Comment »

[Intriguing] Blunkett’s Guidedog?

Posted by Lex Fear on February 23, 2009

That’s my first guess at what has caused his near U-turn on ID cards:

David Blunkett, who as Home Secretary led the government’s push for compulsory ID cards, will tomorrow call for the scheme to be curtailed, according to a report.

Instead he will propose that only foreigners be made to hold an ID card. UK nationals should only be required to hold a passport, Blunkett will argue.

For those not in the know, whilst Blunkett was in public office, flogging ID Cards and all manner of Orwellian devices to use on us, the British public, he received a nice directorship with Entrust, the company who created Spains ID card system and lobbied for the contract for the British one.

I’m sure there was no link between Blunketts cushty new job and his policy towards ID cards at the time.

A glance at the news show Entrust doing reasonably well profits wise during the recession, so what has caused Blunkett to shift his stance?

Worth watching this one, lack of sight has caused Blunketts nose to develop a keen sense of smell for money and influence.

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Posted in Absolute Power, Anti-Terrorists, Bad Company, Bollotics, Databases, Dorks, Doublespeak, Financial Terrorism, Minitruth, Pharisees, Predatory Systems, Profiteering, Uncircumcised Philistines, Untouchables, Wealth Creation, Xenophobia | Tagged: , , , , , , , , , , | Leave a Comment »

[Misadventure Capitalism] – The Fat Cats That Got The Cream

Posted by BHudson on February 8, 2009

Royal Bank of Scotland – 68% nationalised
Lawrence Fish, non-executive chairman – paid £6.6m in 2006, receiving a £1m pension from April.
Fred Goodwin, former chief exec. – paid £4.2m in 2007, due for a pension of £8.37m

HBOS – 40% nationalised
Peter Cummings, former head of corporate lending – paid £2.6m in 2007
Michael Geoghegan, chief exec. – paid £2.955m in 2007

Bearing in mind that their companies are now owned by the taxpayers, one would have thought that they could show some restraint in pouring out bonuses. Nonetheless, RBS alone seems to think it’s a good idea to pay out a billion pounds of money to their fat cats as reward for nearly killing the economy.

I hold these points to be self evident:
1.Wages are a reward for the individual’s input of the factors of production.
2.Banking is a service industry, hence the factors offered by the executives are labour and entrepreneurship.
3.Most executives seem to do very little work. Hence, their input of labour is little.
4.Good entrepreneurship does not result in almost going bust. Hence, their input of entrepreneurship is very little.
5.Hence, they are due little compensation for their efforts.
6.Bonuses are a reward for extraordinary success.
7.Ending up mostly owned by the government is not an extraordinary success. Hence, they are due no bonuses.

Anything there sound ridiculous? To be honest, they ought to pay back all their bonuses for the years of unwise lending that got us in this state in the first place. Now the government has bailed out the bankers and decided to nationalise them, they ought to take a stand to stop such ludicrous profiteering, rather than trying to ‘coax’ them into playing ball. If America, France and Germany can do it perfectly easily…

Posted in Bank Robbers, Corporate Irresponsibility, Financial Terrorism, Little Hitlers, Londonland, Named and Shamed, Opinion, Profiteering, Protest, Untouchables, Wealth Creation | Tagged: , , , , , , , , , , | 3 Comments »

[Minitruth] Loss of Confidence

Posted by Lex Fear on July 6, 2007

This Post Is Rated: C for Controversial. Speculation over the decline of trust in British institutions.

In may, the Economist highlighted a YouGov poll taken earlier this year showing a general decline in the British peoples trust in public services, politics, work and journalism.

“…Confidence in almost every area of public life has fallen since the invasion of Iraq in 2003.” – The Economist, Trust Me, I’m A Judge

Unsurprisingly the only people to have gained more trust from the public were judges, whilst the usual suspects, including police, NHS hospital managers, estate agents, MPs and newspapers lost trust.

It’s easy to see why. I speak from my own experience in dealing with ‘the system’. People are realising that whilst those in authority seek more and more power over every detail of our lives, restricting our freedoms, judges are our last great hope in clearing our name and keeping society in balance.

Whilst the government seeks to speed up justice and skip past important checks and balances, the judge is a human being, our last recourse and hope for clearing our name and defending our innocence and rights. As the government have introduced more and more restrictive legislation, more and more British people have come to rely upon the courts to treat them fairly.

When are we going to have an honest, competent, open government? One that looks to the bottom line when making decisions and laws, a government that stands for integrity and trust?

I’m fed up of seeing pandering to the rhetorical right, unaccountability, cover ups, tax solves all problems, empty promisestechnology solves everythingmotorists are evil, environmental hypocrisy, weasel words, VIP treatment, cultivating fear, wasted money, not protecting UK citizens and allowing foreigners to dictate policy.

Posted in Absolute Power, Databases, Doublespeak, Doublethink, Fact Erosion, Global Alarming, Justice & Mercy, Little Hitlers, Minitruth, Opinion, Predatory Systems, Propaganda, Realpolitik, Smear Campaigns, The Religious Wrong, Tick-Box Culture, Wealth Creation, Xenophobia | Tagged: , , , , , , , , , , , , | Leave a Comment »