llanishen
582 posts
@LeoKearse @darren_moore Not sure if anyone has mentioned the NHS. Think it should be part of this conversation. Such a large honeypot - so much wasted money - so many consulting firms making a mint out of every reorganisation - every reorganisation leading to it getting more & more senior staff %wise.
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Having worked in the public sector, I can confirm it operates as a mafia. A giant holding pen for mediocre people with mediocre degrees to wear suits and create work for each other so they can steal an ever larger chunk of taxpayers' hard-earned money.
Of course they spent £180 million deciding not to build a road tunnel.
When I worked in public sector management consultancy, we were tasked with finding efficiencies in the IT department of a large government agency. One man we spoke to had two laptops on his desk. He said one was for forex trading and the other one was to monitor his chicken farm in Ghana.
There was no shame as he told us this, no realisation that he was actually being employed to do a job that didn't involve forex trading or managing a chicken farm in Ghana.
We were struck by the number of people sitting around doing nothing, even for a public sector organisation. Then we discovered that the man running the IT department also owned an IT recruitment consultancy.
Every man he hired into this IT department from his recruitment consultancy put money in his own pocket. So there was a huge incentive for him to just hire as many men as possible to get as rich as possible.
Never mind being prosecuted over this - I don't think he actually lost his job.
And there's an incentive in the rest of the public sector to hire as many people as possible because the more people you manage, the more important you are, the bigger budget you get, and the greater your salary.
(On the plus side, as a management consultant, finding efficiencies in the public sector is a piece of piss.)
When you hear about public sector investment, this is money taken from the real economy and given to people to produce very little. This isn't "investment" any more than a bank "invests" in bank robbers. It's not done to make a profit.
It holds the real economy back, not just in terms of the tax burden, but also in the huge numbers of workers tied up in this false, public sector Potemkin economy. Those workers should be in the real economy producing something of value.
Britain could be a paradise. We could all be rich. There's no need for mass immigration. The workers we need are already here doing nothing, on benefits or in the public sector. We just need to fire everyone in the public sector and scrap all benefits.

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#TraitorsUK surely people just write slowly look sideways to see how just one person is writing and write that name down if it isn't them
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@Shwinnabego JCDecaux have it easy - they are mostly negotiating with public sector employees who have no commercial sense (many institutionalised lifetime public sector workers). No idea of the profit potential they control. Easy money
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@NoToTescoTowers New proposal from Notting Hill Genesis for the development - only 480 flats but no details about the tower blocks they want to build. There is a webinar Thursday 19th 7-8pm. Sign up if want to have your say about these tower blocks #Harrow greenmeadplace.co.uk
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Reputations are hard won, easily lost and even harder to recover
Republicans against Trump@RpsAgainstTrump
The WSJ Editorial Board on Trump’s tariffs: “The cost in lost American influence will be considerable. Mr. Trump thinks the lure of the U.S. market and American military power are enough to bend countries to his will. But soft power also matters, and that includes being able to trust America’s word as a reliable ally and trading partner. Mr. Trump is shattering that trust as he punishes allies and blows up the USMCA that he negotiated in his first term.” wsj.com/opinion/donald…
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@TheCinesthetic Death & and their nearest and dearest are not emotionally scarred for life/for that episode/during the story in the film.
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Is there anywhere in the UK with this?
Manz🌪@ManzTrades
I am going Max Long whatever company is behind this technology
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@sam_bidwell Is the UK becoming Argentina - weren't they a top 10 economy in the 30's
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Does anyone invest in 3M - is there some different about this company, don't think I saw any holdings of it?
Yellowbrick Investing@joinyellowbrick
13Fs were filed this week. Here are the portfolio updates for 36 of the top hedge funds: Anything stand out?
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