Also people talking about profit margins, it's very easy to make a huge profit look like a low % on paper, it's very, very easy and most energy companies do it.
Well OK, I assume you have figures to back up your claims. Perhaps you could provide them instead of just throwing accusations around.Also people talking about profit margins, it's very easy to make a huge profit look like a low % on paper, it's very, very easy and most energy companies do it.
Hello? Oh, hello! I'm sorry it's a very bad line. No, no no... but that's not possible, she was sealed in to the Seventh Obelisk after the prayer meeting. Well, no, I get that it's important... an Egyptian Goddess loose on the Orient Express. In Space. Give us a mo....
... don't worry about a thing, your Majesty; we're on our way.
Originally Posted by Loire
And the numbers bit: I don't have them, it's not like you expect a big company to say "we will make our expenses look a lot bigger than they are and pretend we're not making much money", it's just common knowledge that dodging the tax man is every rich man/company's favorite hobby.
"Sacking our boys while the pen pushers go on strike!!!1!" and so on.
Though, while it should be noted the headline is "No civil servant cuts" the first paragraph makes it clear that, in actual fact, some 30,000 posts are being eliminated. It's just they haven't had to resort to compulsory redundancies yet.
OTOH, sacking a load of the scientific/technical employees at the MOD and then bitching about the amount spent on consultants to replace their work is pretty stupid.
(Note, I would never claim that the way the MOD works is anything other than fucking retarded. But we're hardly alone among in the West in having a military procurement process driven more by flagwaving, domestic politics and retardation than actual need)
I really have no time for anyone who believes its a great idea to replace pencil pushers with (expensivily) trained policemen, doctors and soldiers who would have otherwise been doing there actual job instead of (inefficiently filing papers).
And you'll see soon enough just how fickle bond markets are, we will be in an official recession next year and considering all of the token kenysian tactics Osborne is now flinging at the wall, you'd bet that his advisers are probably hearing something else about the long term prospects of the economy.
Unfortunately human nature and the complexities of reality prevent libertarianism from actually working in anything but fantasy.