Get ‘Em Out By Friday – Nothing Changes

Get Em Out By Friday - hear it hereThere is nothing better to perk up a dull and boring morning at work than listening to some rocking music. My taste in music is pretty eclectic, but this morning I have been listening to some classic Genesis tracks.

Now I can listen to Genesis till the cows come home and I have loved them since they formed back in 1967. I wore out copies of Trespass, Nursery Cryme and Foxtrot on a tinny Dansette record player in the psychedelic bedroom of my teenage years, and today I was listening to Foxtrot once again.

I know the lyrics to all the old classic Genesis tracks, those of the Steve Hackett, Peter Gabrielle era, but one track really stood out today, Get ’em out by Friday. It’s the story of unscrupulous property developers and investment scams, of people being evicted and ripped off by crooked landlords.

The lyrics and music were recorded back in August 1972, 42 years ago, but the dialogue performed shows that nothing has really changed in all that time …

John Pebble of Styx Enterprises:
“Get ’em out by Friday!
You don’t get paid till the last one’s well on his way.
Get ’em out by Friday!
It’s important that we keep to schedule, there must be no delay.”

Mark Hall of Styx Enterprises: (otherwise known as “The Winkler”)
“I represent a firm of gentlemen who recently purchased this
House and all the others in the road,
In the interest of humanity we’ve found a better place for you
To go, go-woh, go-woh”

Mrs. Barrow: (a tenant)
“Oh no, this I can’t believe,
Oh Mary, they’re asking us to leave.”

Mr. Pebble:
“Get ’em out by Friday!
I’ve told you before, ‘s good many gone if we let them stay.
And if it isn’t easy,
You can squeeze a little grease and our troubles will soon run away.”

Mrs. Barrow:
“After all this time, they ask us to leave,
And I told them we could pay double the rent.
I don’t know why it seemed so funny,
Seeing as how they’d take more money.
The winkler called again, he came here this morning,
With four hundred pounds and a photograph of the place he has found.
A block of flats with central heating.
I think we’re going to find it hard.”

Mr. Pebble:
“Now we’ve got them!
I’ve always said that cash cash cash can do anything well.
Work can be rewarding
When a flash of intuition is a gift that helps you excel-sell-sell-sell.”

Mr. Hall:
“Here we are in Harlow New Town,
Did you recognise your block across the square, over there,
Sadly since last time we spoke,
We’ve found we’ve had to raise the rent again,
Just a bit.”

Mrs. Barrow:
“Oh no, this I can’t believe
Oh Mary, and we agreed to leave.”

(a passage of time)

18/9/2012 T.V. Flash on all Dial-A-Program Services:
This is an announcement from Genetic Control:
“It is my sad duty to inform you of a four foot restriction on
Humanoid height.”

Extract from conversation of Joe Ordinary in Local Puborama:
“I hear the directors of Genetic Control have been buying all the
Properties that have recently been sold, taking risks oh so bold.
It’s said now that people will be shorter in height,
They can fit twice as many in the same building site.
(they say it’s alright),
Beginning with the tenants of the town of Harlow,
In the interest of humanity, they’ve been told they must go,
Told they must go-go-go-go.”

Sir John De Pebble of United Blacksprings International:
“I think I’ve fixed a new deal
A dozen properties – we’ll buy at five and sell at thirty four,
Some are still inhabited,
It’s time to send the winkler to see them,
He’ll have to work some more.”

Memo from Satin Peter of Rock Development Ltd:
With land in your hand, you’ll be happy on earth
Then invest in the Church for your heaven.

So nothing changes, the have’s still have and the have-not’s still pay for the privilege. At the risk of being labelled an anarchist, I think we need a revolution. I’m already involved in trying to change the way money works in this country, maybe part of that should take the form of a more fair levelling of incomes.

In so many parts of the country, the children of current home owners have no chance to buy property in the towns in which they were born. It might almost be seen as a form of social engineering by the people who control the money supply.

Time for big changes me thinks.

The Great Money Delusion

The Great Money DelusionThe capitalist system in western society has caused many of us to become addicted to wealth and be dominated by the pursuit of money and power.

This is at the expense of fairness, sharing and compassion. We are all constantly being measured, to all intents and purposes, by what we own or what we earn, rather than who we really are as a person.

A society that has sacrificed so much to material wealth that it has forgotten the human heart and the best of human aspirations, degenerates into something compassionless, doctrinaire, ignorant and ultra-conservative. When this happens, fundamental solutions to the issues of that society become impossible. If we protect the truth and are resolute, we are capable of creating peace and prosperity, and the truth that we should be protecting has to be high and great.

The great truth of Nichiren Buddhism, the thing that we must do our utmost to protect, involves ethics and the very best of human nature. At the very heart of this lies our duty to protect the truth of life, the truth that we are all one with the universe, and that every single human thought contains the entirety of universal life.

The sooner we realise that this addiction is destroying our human nature, the sooner we can start to right the injustices in society. Failure to take steps to redress the balance of wealth will result in more of the kind of riots and protests we saw across the country in the last few years. We all knock the bankers for their greed and avarice, but we are all to blame to a greater or lesser extent for letting the system continue, and we must do better.

If you would like to help change the way money is controlled and how it dictates the structure of society, you might like to join Positive Money and find out how money really circulates. We need to change the money mechanism in order to make the world a fairer place. The sooner that process begins, the better for all (but the richest) of us.

Are They Effin’ Serious?

Barclays BankThe UK banks, and Barclays in particular, seem to live on another planet. On the day they announce that between 10,000 and 12,000 jobs are to be cut, 7,000 of which are in the UK, they also trumpet the fact that they have increased their investment bank’s bonus pool by 10%.

Chief executive, Antony Jenkins, who to his credit has waived his own annual bonus, said that the bank “Had to be competitive on pay and had to pay for performance”. All this coming in the light of a 37% slump in pre-tax profits from the investment banking division. It begs the question, “What exactly are they paying bonuses for?”

Whilst we are all still holding our breath and hoping that the apparent ‘green shoots of recovery’ in the economy in general continue, it beggars belief to hear that the already obscenely overpaid investment bankers are going to get yet more in the way of undeserved bonuses. If they can’t ‘make do’ with the crazy amounts they get paid already, let them go, and get someone who will earn their bonus step in and take over the role.

Credit to Robert Peston, the BBC business editor, who seems to have summed up the gobsmacking incredulity felt by the general public, saying “There is blank incomprehension from those not in the industry that the going rate remains so high for people widely seen as being more than walk-ons in the epic near-destruction of global financial capitalism just a short while ago”

I think it is high time we as citizens, demanded a higher moral code from all the public bodies with whom we have to deal. Whether it is the banks, the utility companies, the government agencies, such as environment at this time, or the police and judiciary, we must demand to be treated fairly.

Those who have seen their salaries frozen or cut and those who have lost their jobs because of the cut-backs have made the greatest sacrifices. The government keeps telling us that we are all in this economic downturn together, but it most certainly doesn’t feel like it from where I stand.

Tax cuts for the rich, increased bonuses for the very people who got us into all this mess, coupled to further draconian cuts in social welfare for the poorest, weakest and most needy, where is the togetherness in all that?

The Wrong Trousers!!!

The Wrong TrousersI think I must be getting cynical in my old age, but correct me if I am wrong here. John Hourican, the head of the Royal Bank of Scotland investment banking arm is stepping down from his post, despite having no managerial control over the people who rigged the LIBOR rate and who are costing RBS over £400 million in fines. Rather weird.

It seems that Mr Hourican, who earned £3.5m last year, is expected to lose his bonus for 2012 along with his position as head of RBS’s investment bank. He is also expected to forego £4m of bonuses from previous years. Are these guys for real?

It is true that there are on going criminal investigations into the whole LIBOR fiasco, and that the people who potentially cost every borrower in the UK money through their actions may yet be brought to book, it seems that John Hourican gets the role of scapegoat extraordinaire.

Whilst it is a little difficult to feel too sorry for a chap who is quite so well heeled, the principle behind the dismissal should not be forgotten. In my view, the people who defrauded the nation, nay the world, with their skulduggery should be held to account. Maybe the bosses of these people, maybe even the senior management who allowed the practices to go on, through their naivety or negligence, but not just some chap who happened to be passing at the time.

The current view of the banking business is that it is a corrupt world of murky practices, run by a bunch of money grabbing, socially bankrupt pseudo-criminals. Of course that view is skewed by the never-ending stream of stories about malpractice and fraudulent dealing that have gone on right under the noses of the FSA and other banking watchdogs, but judging by the evidence, it is not too far of the mark.

It is clear that there needs to be a firestorm of dismissals at the highest levels in the entire banking sector. The current sticking plaster approach will not get us back to the days when the bank manager was a revered member of the local community, or when your money was safer in the bank than under the mattress. But starting with some overpaid shmuck, with little or no connection to the problems will do no good whatsoever.

What is really needed, is a return to social values where honesty, integrity, trustworthiness and honour are held in higher esteem than the salary package or the annual bonus. While we measure people by what they earn and own, rather than the principles they hold, we will remain on this downward spiral into social turmoil.

They’ve sacked the wrong trousers Gommit, and we must not let them get away with it!!!

Totally Lacking Compassion

Fat Cats - Laughing all the way to the bankFollowing the taxpayer bailout of HBOS and Lloyds TSB, you might expect the other banks to see the error of their ways and show a little compassion, or at least common sense, when it comes to paying out bankers bonuses. But not a bit of it, they have shown neither in the current round of astronomical pay settlements to their executives and top analysts.

Bob Diamond, the head of Barclays, is in line to receive around £27m in perks and other pay outs, with Lloyds and RBS chiefs Antonio Horta-Osorio and Stephen Hester in line for awards worth up to £8.2million and £7.9million respectively, despite presiding over combined losses of £5.5 billion last year.

Not only are such salaries and bonuses immoral, they show a complete lack of compassion for those people who are being destroyed by the current bank-lead recession, both here and on the continent. How can anyone, with an ounce of respect, justify such obscene amounts?

Whilst it is clear that the UK banking industry contributes hugely to the economy through employment and taxes, it has also left us all with a legacy of debt and negative equity on such a scale that it will take several generations to work off the outstanding amounts.

Such situations fly in the face of both common sense and common decency. Surely, given the scale of these offensive payments, and the fact that the taxpayers effectively ‘own’ HBOS and Lloyds TSB, it is beholding to the Government to put a stop to them once and for all.

Whilst it may be too late to avert these remunerative packages, I call upon those on the receiving end of the huge amounts to look at themselves in the mirror and to donate the majority, if not all of it, to worthy causes. At least that would go some way to restoring any respect we may have for these grossly overpaid fat cats.