Thursday 11 July 2013

Privatisation of the Royal Mail - the Facts!

When is the government going to wake up to the fact competition doesn't work? This is their real aim behind privatisation and it is simply flawed. Our energy and water bills have sky-rocketed even though there is meant to be competition. None of the companies pay taxes either. Before government sells of the Royal Mail they need to look at what is already privatised and see that it really doesn't work.

The first thing that happens is the CEO awards himself 20-30 million in shares, a massive pension pot and £1M salary. This is a fact. That's a lot of stamps. It also means more efficiency drives to pay for the CEO so the staff have to have pay freezes or be sacked!!

David Cameron - wake up and get a grip!

How Can Anyone Defend the MPs Exorbitant Pay Increase?!!

Wow. Listened to Radio 2 and Sir Ian Kennedy defending his decision to increase MPs pay by 10% at a time of financial hardship.

Many listeners were very angry and Sir Ian defended himself by explaining in the overall picture MPs were actually not doing that well, when you consider their pensions will reduce. Hang about - most of us are having pension reductions and no sweetener. Sir Ian, you comments were not defensible!!

Many folk are on a pay freeze at the dictate of the MPs. So they are telling us NO PAY RISE for the foreseeable future whilst basking in a £10k increase themselves. What a bunch of hippocrits. What is really annoying is that they caused the financial problem in the first place, see earlier posts!