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| Quote ="Juan Cornetto"You cannot equate a general election where you will at least you have a representative even if you don't vote, '"
How on earth can somebody you didn’t vote for and don’t agree with be representative of you?
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| Quote ="tigertot"In every case it was a whole lot more than voted against a strike.'"
So you think that 70% of 25% is a democratic majority to call a strike do you? IMO it's a selfish minority prepared to heap misery on many innocent workers, children and families, the majority of whom will have far worse pension terms, yet will be expected to pay in their taxes for these strikers.
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| Quote ="craigizzard"If you're talking about the directors at the city banks, very few of them will be paying anything like that amount, and many will be paying no income tax at all.'"
A bit like George Osbourne? Who apparently (according to Channel 4, but not denied by him as far as I know) legally avoids paying millions in tax.
Don't forget though folks, "we're all in it together."
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| Quote ="SmokeyTA"Ill remember that I have no stake in the running of public companies next time one asks for a government subsidy, a tax break, or a bailout. The next time a high-tech company says we need to subsidies the roll-out of superfast broadband we can just say, why? You are a public company we have no say in what you do! Next time the CBI propose tax cuts or cuts to employment legislation we can comfortably ignore what he is saying, we have no stake in either their success or failure.
The next time Vodafone wants to avoid £8b in tax, its not our problem, no new enterprise zones, no trade missions to inhumane middle east countries to lobby for arms companies.'"
I never said there shouldn't be regulation. I am pointing out that it is the shareholders who are the owners of these publicly quoted companies who having put their money in therefore becomes their say and not ours. Thats the way it is! If we don't like a particular public company then we have the right to vote with our feet and not buy their goods or services. ie don't use Vodafone if you don't like them.
Only a few banks were bailed out and as we the taxpayers have shares these then yes we do have a say through our MP's.
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| Quote ="craigizzard"By that logic it would be impossible to have a strike without having a national referendum on it.'"
Not so. I am saying that a low percentage turn out in a general election cannot be used to justify a very low percentage turnout in a ballot to strike which has a negative effect on so many other people, particularly when the reason for the strike is pure self interest for around 25% of that workforce.
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| Quote ="El Diablo"
Quite so. However, banks do cross, or blur, that line between public and private at times. I think recent events suggest that some regulation of their conduct is not inappropriate.'"
Yes the bailed out banks should be classed as state owned until they are sold so they should be subject to tighter control. There is some regulation including some new stuff but we have to be careful about regulation that puts us at a dissadvantage to the rest of the world.
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| Quote ="tigertot"What do you mean by that?'"
I mean that it is the private sector that creates profits with private investment which is then taxed. This is in the income side of the account while the state sector costs are in the outgoings side of the account.
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| Quote ="Juan Cornetto"I never said there shouldn't be regulation. I am pointing out that it is the shareholders who are the owners of these publicly quoted companies who having put their money in therefore becomes their say and not ours. Thats the way it is! If we don't like a particular public company then we have the right to vote with our feet and not buy their goods or services. ie don't use Vodafone if you don't like them.
Only a few banks were bailed out and as we the taxpayers have shares these then yes we do have a say through our MP's.'"
All banks were bailed out, they would have all gone. Not just the ones in dire need, but the relatively strong ones, who if we had come to the financial armaggedon which was possible, would have been irreperably harmed. WHilst only limited banks actually recieved money, all of them were bailed out.
And what I am pointing out to you is that we Are all stakeholders in our business. Not just the shareholders. If you want a true free market where these companies have no responsibility to the wider society then fine, but the government help offered to these companies also needs removing. That means the government not allowing big companies to avoid tax in any way shape or form, it means a tax levy which doesn’t encourage business but takes the maximum amount out possible, it means no help for companies, no subsidies, no investments in infrastructure which helps business, no tax breaks, no trade missions, no entreprise zones, if the people arent stakeholders in business then business doesnt benefit the people and the business deserves no benefit from the people.
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| Quote ="craigizzard"If you're talking about the directors at the city banks, very few of them will be paying anything like that amount, and many will be paying no income tax at all.'"
Not so. They are part of the biggest single sector for paying taxes - more than the North Sea Oil and Gas. That is why the Government is scared that HSBC and Barclays could move their bases abroad.
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| Quote ="Juan Cornetto"I mean that it is the private sector that creates profits with private investment which is then taxed. This is in the income side of the account while the state sector costs are in the outgoings side of the account.'"
The public sector feeds, clothes, keeps health and keeps secure the people which allows the private sector to thrive. Without society (codified as 'the state) the private sector would consist of bartering over a freshly killed ox or some berries we had picked from a bush.
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| Quote ="Juan Cornetto"Not so. They are part of the biggest single sector for paying taxes - more than the North Sea Oil and Gas. That is why the Government is scared that HSBC and Barclays could move their bases abroad.'"
Not on their individual earnings they arent. Whilst HSBC, Barclays et al may pay a high (in absolute terms) amount of corporation tax, their workers dont pay a massive (in absolute terms) amount of income tax.
Think of how many people work in the NHS and then compare it to the amount of people who are directors at big banks, they would need to be paying an amazing level of tax to be paying more money than everybody who works in the NHS.
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| Quote ="SmokeyTA"How on earth can somebody you didn’t vote for and don’t agree with be representative of you?'"
An MP is elected to represent all his constituents no matter what party they voted for. You have a right to go to your MP's surgery and ask help for any grievance or injustice etc. He/She has a duty to try and help and in most cases they will do so based on the case you present rather than the fact that you are a Raving Moster Looney Party member.
I have always believed that we should consider the personal qualities of the propective MP as well as their political colour. (as in Blue, Red and Yellow.... for G1 benefit)
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| Quote ="SmokeyTA"All banks were bailed out, they would have all gone. Not just the ones in dire need, but the relatively strong ones, who if we had come to the financial armaggedon which was possible, would have been irreperably harmed. WHilst only limited banks actually recieved money, all of them were bailed out.
And what I am pointing out to you is that we Are all stakeholders in our business. Not just the shareholders. If you want a true free market where these companies have no responsibility to the wider society then fine, but the government help offered to these companies also needs removing. That means the government not allowing big companies to avoid tax in any way shape or form, it means a tax levy which doesn’t encourage business but takes the maximum amount out possible, it means no help for companies, no subsidies, no investments in infrastructure which helps business, no tax breaks, no trade missions, no entreprise zones, if the people arent stakeholders in business then business doesnt benefit the people and the business deserves no benefit from the people.'"
Barclays, HSBC Standard Charter etc were not bailed out.
All countries offer incentives for business because they need them to create wealth without which we could not afford a public sector at all. The fact is unless you have put your money in as a shareholder with the risks that come with that, as a member of the public you have no right to determine how that company is run
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| Quote ="SmokeyTA"The public sector feeds, clothes, keeps health and keeps secure the people which allows the private sector to thrive. Without society (codified as 'the state) the private sector would consist of bartering over a freshly killed ox or some berries we had picked from a bush.'"
I am not knocking the public sector. I worked in it years ago. Of course we want an excellent public sector but we can only afford what we can afford to pay for. That income comes from the private sector.
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| Quote ="SmokeyTA"Not on their individual earnings they arent. Whilst HSBC, Barclays et al may pay a high (in absolute terms) amount of corporation tax, their workers dont pay a massive (in absolute terms) amount of income tax. '"
The tax generated by total employment in the FS sector where banks are the biggest employer was 24.5 billion in 2010 I would call this quite massive.
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| Quote ="Juan Cornetto"Not so. They are part of the biggest single sector for paying taxes - more than the North Sea Oil and Gas. That is why the Government is scared that HSBC and Barclays could move their bases abroad.'"
Taxes, maybe. Income tax, hmmm. And anyway I wasn't talking about the tens of thousands of staff, which you're disengenuously switching the argument to, but about the many executives who I absolutely know offshore everything and have no UK income tax liabilities.
The government are scared that they'll be moving abroad, or possibly just pandering to the conveniently pitched but practically impossible idea that they'll be moving abroad, because:
1) The trickle-down effect of high-net worth individuals (and that includes Russian and Arab money as well as the City bonus-boys) spending money (and, to the government, VAT and stamp duty) on houses, goods and services is about the only thing keeping London in particular from catastrophe.
2) The loss of thousands more private sector jobs will make them look even more stupid for saying that, to compensate for the loss of public sector jobs, the private sector will motor job-creation in the teeth of recession.
3) Because political parties need funding, and favours need to be repaid.
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| Quote ="Juan Cornetto"An MP is elected to represent all his constituents no matter what party they voted for. You have a right to go to your MP's surgery and ask help for any grievance or injustice etc. He/She has a duty to try and help and in most cases they will do so based on the case you present rather than the fact that you are a Raving Moster Looney Party member.
'"
Same with a union rep.
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| Quote ="Juan Cornetto"You cannot equate a general election where you will at least you have a representative even if you don't vote, with a call for a strike which will have an adverse effect on so many people. This isn't some march around the streets. How can you claim to have a manadate for such a serious thing as a major strike based on the views of around a quarter of the workforce. If this had been so important as to consider a strike to be the only option, would not a majority of the workforce have taken the trouble to vote?
Negotiations are still on-going and terms may be improved further, but the offer on the table is still much better that the majority of the population can hope to enjoy. One of the reasons our country is in so much debt is these sort of overgenerous pension agreements that were made to the public sector which even in the good times were unsustainable.
Even with all these cuts our children and grandchildren will have to work until they are 70 or 75. Do you feel comfortable with this prospect? Would you feel comfortable if many jobs would be lost as an alternative to keeping the same pension terms? As the outgoing Labour Chief secretary to the Treasury said in his note "I'm afraid to tell you there's no money left"
The private sector I worked in not so much created wealth but took it for itself.That is why I went to work for a more civilised employer leeds public works dept.those private painting firms in the early 70s were nothing more than gangsters in white overalls.Like I said before this coalition govt does not have a mandate to carry out TORY policies,and people who have not caused this crisis should not be made to pay for it.How the trade unions carry out their business is nothing to do with anyone outside the movement only to do with the members.The great novel written over a 100 years ago "The ragged trousered philanthropists"could have been written last year ,even then they slagged down public employees.My pension is not over generous ,I am only a painter and its people like me who this action is about its about dinner ladies ,its about hospital cleaners ,etc most of whom will not get even a generous pension either
I do not blame the unions for negotiating such good terms. I blame the governments that accepted them without thought as to how they could ever be paid for. Of course it is a bad situation to have some agreed benefits taken away. But where they are so obviously out of step with the rest of the workforce as a whole and in particular with the private sector who have to produce the wealth to pay for part of these pensions, then some sort of change has to be made.
If you look at what is going on in the rest of Europe you can see in almost every country there are changes being made to reduce unaffordable benefits. Real austerity is being forced on these overspending countries and unless we make voluntary reductions in our pension/benefits/services expectations then we will be a short step away from a simliar fate.'"
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| We are not talking about OVER GENEROUS PENSIONS HERE,its the dinner ladies ,its the hospital cleaners ,etc who will still get a less than generous pension even if things stay as they are.Why should the people who have not caused this crisis be made to pay for it?How the trad union movement carries out its businness is nothing to do with anyone outside the movement,and I still maintain this tory led coalition does not have a mandate to enforce Tory policies,and certainly not on the share of vote they got.I am only a painter and my pension is certainly not over generous .The private sector I worked in was not so much creating wealth but taking it from their employees,that is why I went to the public works dept for fairer more civilised employment.It seems nothing much has changed since Tressel wrote his great novel The Ragged Trousered Philanthropists.
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| Quote ="Sal Paradise"So you thought he/she should respect your decision to strike but you couldn't respect his/hers decision not to!!'"
No mate - it was a unanimous decision. That's why I used the word 'renaged'. I thought that was clear. Anyway, that wasn't the point. I was trying to say if you work within a small team or department, and everyone else takes a particular course of action, and you don't, then it will be remembered.
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| Quote ="vernon"No mate - it was a unanimous decision. That's why I used the word 'renaged'. I thought that was clear. Anyway, that wasn't the point. I was trying to say if you work within a small team or department, and everyone else takes a particular course of action, and you don't, then it will be remembered.'"
So as I say again - you are expected to respect the views of others but they are not expected to respect yours?
Unions know this and use it as means of getting people to strike against their wishes.
If that is what happened in your workplace and you were party to it - shame on you.
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| Quote ="SmokeyTA"All banks were bailed out, they would have all gone. Not just the ones in dire need, but the relatively strong ones, who if we had come to the financial armaggedon which was possible, would have been irreperably harmed. WHilst only limited banks actually recieved money, all of them were bailed out.
And what I am pointing out to you is that we Are all stakeholders in our business. Not just the shareholders. If you want a true free market where these companies have no responsibility to the wider society then fine, but the government help offered to these companies also needs removing. That means the government not allowing big companies to avoid tax in any way shape or form, it means a tax levy which doesn’t encourage business but takes the maximum amount out possible, it means no help for companies, no subsidies, no investments in infrastructure which helps business, no tax breaks, no trade missions, no entreprise zones, if the people arent stakeholders in business then business doesnt benefit the people and the business deserves no benefit from the people.'"
The collection of tax is a trade off - in order to increase the overall tax takes you have to leave some loop holes through which a few will find a way to avoid the tax. If you apply dreaconian measures everywhere it is very likely the overall tax take will fall.
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| Quote ="Juan Cornetto"
I have always believed that we should consider the personal qualities of the propective MP as well as their political colour. (as in Blue, Red and Yellow.... for G1 benefit)'"
I have always believed that we should be able to to do that. However, as long as there is a whip I have no faith in that.
My MP has an impressive track record of ignoring questions raised by his constituents. However, since this is a ludicrously safe Tory seat, he will be re-elected by huge majority if he stands again regardless of his stance on any issues or his (near zero) engagement with constituents outside his own party.
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| Quote ="Juan Cornetto"Barclays, HSBC Standard Charter etc were not bailed out. '"
Perhaps not directly but the sector they operate in was on a global scale and they will have benefitted greatly from that.
Economies don't stand alone. UK based banks - amongst other things - lend money to overseas banks, they lend money to their countries citizens, those citizens buy our exports, we all to some extent rely on each other in the global economy.
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| Quote ="Sal Paradise"So as I say again - you are expected to respect the views of others but they are not expected to respect yours?
Unions know this and use it as means of getting people to strike against their wishes.
If that is what happened in your workplace and you were party to it - shame on you.'"
Huh ?
No, the individual involved was fully supportive of the proposed industrial action, indeed was a ring-leader. Then, without telling anyone, the perosn back tracked, went into work, and helped management keep the key operations ticking over. If the person had said "No, I don't support a strike, and am working" I think everyone would have respected that standpoint. That's why I said 'Reneged' - understand ?
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