Wealthy Philanthropist?
An article in the Observer about how wealthy peopel have made lots of money got me thinking. How did they get to be so rich. Some city guy has just given away 500 million and my thought is how did he get so rich., like where did the money come from.
So perhaps he just gave it away becuase of a bad conscience or is there something deeper going on. So hwo do you get to be rich, gambling, though in the city it is called somewthing else, or charging too much or paying workers badly. One alternative might be to give the business to the staff, an alternative chosen by the original John Lewis. It would be fair to say that most of the money came because of the work of their employees. So why not give the money back to them. That would mean no credit and no control of the money so that would not boost their egos in quite the same way. Of course they could just have paid the staff better earlier so they wouldn't have got so rich in the first place, but then they couldn't hav egiven it away later and looked so good.
The people in the City are even worse, they gamble but cleverly with other peoples money. Really clever borrow some money and gamble if you make lots great and when things are going well that is easy. When things go bad you make sure it is other peoples money you lose. the government is worrying about pensions, where is the money going to fund pensions, into the back pockets of the wonderful city gents, who of course make sure their money is safe and well away from any tax regime. Somewhere I read that City bonuses have been about 10 billion despite the almighty disasters, but where did the money come from and where has it gone. Certianly not tot he needy in Britain or into pension funds, which the taxpayer will have to subsidise. No it will vansih from Britain into tax havens to enable the rich to have a life style which depends on poor people working for them for miserable pay.
There are a few ricj people who have done something idetifiable which one understands but most are very good at having sticky fingers, footballers are more honest than most rich business men, at least you can see waht they do for their money.
So perhaps he just gave it away becuase of a bad conscience or is there something deeper going on. So hwo do you get to be rich, gambling, though in the city it is called somewthing else, or charging too much or paying workers badly. One alternative might be to give the business to the staff, an alternative chosen by the original John Lewis. It would be fair to say that most of the money came because of the work of their employees. So why not give the money back to them. That would mean no credit and no control of the money so that would not boost their egos in quite the same way. Of course they could just have paid the staff better earlier so they wouldn't have got so rich in the first place, but then they couldn't hav egiven it away later and looked so good.
The people in the City are even worse, they gamble but cleverly with other peoples money. Really clever borrow some money and gamble if you make lots great and when things are going well that is easy. When things go bad you make sure it is other peoples money you lose. the government is worrying about pensions, where is the money going to fund pensions, into the back pockets of the wonderful city gents, who of course make sure their money is safe and well away from any tax regime. Somewhere I read that City bonuses have been about 10 billion despite the almighty disasters, but where did the money come from and where has it gone. Certianly not tot he needy in Britain or into pension funds, which the taxpayer will have to subsidise. No it will vansih from Britain into tax havens to enable the rich to have a life style which depends on poor people working for them for miserable pay.
There are a few ricj people who have done something idetifiable which one understands but most are very good at having sticky fingers, footballers are more honest than most rich business men, at least you can see waht they do for their money.
posted by Unknown at
2:37 AM
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