Will brexit force Westminster and Holyrood to address the parasite economy?

It’s been a roller coaster of a ride with a majority vote for brexit seeing both the pound and the euro plummet against the dollar and billions wiped off the FTSE.

The truth is that the FTSE is still up some 1600 points on this time last year and sterling will bounce back once the shorters have stopped milking the uncertainty.


But what of the parasite economy? The unsustainable race to the bottom? 

Well Nicola Sturgeon is already on her soap box for another referendum to split away from the rest of the U.K. on the basis that Scotland could go it alone to the EU.

The probability is that Scotland wouldn’t even qualify to join the EU if it went it alone, and with Scotland’s track record for throwing good money after bad whilst at the same time feeding the fat cats, they’re not going to qualify any day soon!

And what of Westminster?

Well the #remain campaign has fought it’s corner by calling its opposition racists and xenophobes. How dare anybody question their glorious EU.

But the EU is fat cat country where big business has learned to wield more power than whole countries and where milking the system is big big money.

Take the disastrous rural payment system – a pan European disaster caused by the same few companies throughout and unchallenged in their failure and the reward thereof.

Cheap labour throughout has undermined local businesses, destroyed local livelihoods and contributed to and relied on an indigenous skills crisis.

But here’s the catch – it is exactly this parasitic behaviour and ultimately corporate racism that many brexiters have railed against. Moving cheap migrant labour around en masse to be exploited, even if willingly, was abolished several hundred years ago – but now it is called market forces and good for the economy. The truth is, it pays people less for being ethnic, pays women even less than the men, and destroys everything it touches.

In fact, the parasite economy almost destroyed the Scottish rural economy and caused the rural payments project to go some £100m over budget, was criticised by the audit commission and now the project “may never be delivered” – and this has happened throughout the EU.

So, now we have voted through brexit to declaw these corporate predators it is time for Westminster and Holyrood to listen to the voting public, properly manage their financial affairs and finally address the parasites!

http://prospect.org/article/confronting-parasite-economy

http://reason.com/archives/2015/02/04/the-parasite-economy

http://www.cato.org/publications/commentary/parasite-economy-latches-new-host

David Cameron to be replaced by “highly skilled” Tier2 migrant

With the advent of #brexit the Government has decided that David Cameron no longer has the skills for the job.

Not having been outside the EU for over 30 years, the problem is that nobody in the UK has the requisite skills to run the country.


In a last minute press release the Immigration Minister has announced that Tier2 migrants, all of whom have been brought up outside the EU, are therefore eminently more qualified to run the country in David Cameron’s stead.

What’s more, with the current minimum salary of £20,800 for a Tier2 migrant the Government is projected to make a substantial saving. 

Combined with the current tax incentives for Tier2 migrants, such as including expenses as part of the salary, David Cameron’s replacement – much like the IT workers he flooded the market with – can reduce their salary to below the tax paying threshold effectively avoiding all tax and NI contributions to the public purse.

In a statement, someone purporting to be David Cameron said “How can I possibly compete with that. It’s not fair. It’s not as if I’m a pleb or anything – I’m highly skilled. I worked hard to get where I am and funded all my own training. I have a mortgage, wife and children to support. What kind of Government destroys UK livelihoods in such a callous manner, just to save a few pennies.”

Indian IT consultancy fined $1billion for allegedly stealing trade secrets


How safe is our data? How safe is our software? How safe are our businesses? How safe is our infrastructure?

Could terrorists and thieves infiltrate software development projects? Could they shut down banks?  Could they shut down transport? Oil? Gas?

Could they shut down the military with a software switch? Could they disable the government? Could the country or your business be held to ransom?

Could they destabilise the economy?

Could they steal trade secrets? Could they steal classified information?

These are all questions that we have asked before. We’ve all heard stories about personal details being stolen and sold.

But just how vulnerable are we really?

A recent court case in America raises some troubling questions about the UK love affair with outsourcing and offshoring IT projects.

Just what could be the possible consequences if our IT solution providers were compromised or had ulterior motives?

http://www.ft.com/cms/s/0/3c7417e0-0461-11e6-96e5-f85cb08b0730.html

http://articles.economictimes.indiatimes.com/2016-04-16/news/72375184_1_tata-consultancy-services-ltd-trade-secrets-tcs

Corporate IT Director admits Government failure is fuelling outsourcing and work visa “race to the bottom”

He’s an IT director of a major corporate and he’s responsible for a team of 15,000 IT developers in India and sponsors thousands every year to come into the UK on Tier2 visas and ICTs in order to replace British workers with cheap labour.

Outside the office, he’s a very pleasant mild-mannered man with a lovely wife, children being put through private school and a multi million pound house in the rural South.

“People think I’m rich.” He tells us, “but the truth is we both work long hours and we’ve climbed the corporate ladder and upsized our home several times to get to where we are now. Yes, we’ve bought our dream home but we’re far from rich and we have a backlog of work to do on the house as and when we can afford it.”

Our conversation turns to offshoring and also the Tier2 and ICT visa debacle.  

We ask him…

“You’ve got children. What kind of future will they have if you kill all the IT jobs here in the UK.”

His answer is telling.

“I know. I fear for them. I really do; but like everybody else – I have a mortgage and bills to pay now. If we don’t cut costs to the bone using cheap labour then somebody will undercut us and we lose the business and I can’t make my payments.”

So what of the future. He admits that he is living in the now. He admits there is no skills crisis but there is a ruthless race to the bottom with multi-billion corporations trying to undercut each other for the never ending pool of public money and no UK jobs will be safe until the Government itself stops them.

And will the Government stop them?

Not as long as politicians and ministers can be bought.

£ Multi Billion Tax Dodge allowed for economic IT migrants makes Panama look like small potatoes


It’s year end and as the multi-ethnic British workers endure ever increasing taxes against a regime of cheap imported migrants that take their jobs…

… David “Panama” Cameron and George “I benefited personally from my own budget whilst the worst off suffered” Osborne are allowing Tier2 migrants and ICT workers to avoid paying taxes and NI contributions and use these savings to undercut the resident workforce.

It’s a £ multi-billion tax dodge for Cameron’s Corporate friends and it stinks…

http://www.backthemac.com

Got an account with Lloyds? Close it before their IT collapses…

John Morgan-Evans, Unite regional officer, said: “It is alarming that Lloyds is continuing to offshore IT roles in the name of driving down cost. This simply means that the bank wants to pay an IT worker in India less for the same work carried out in the UK. This disastrous race to the bottom hurts our members and inevitably impacts customers. 

“Unite has made it clear that ‘efficiency’ cannot simply mean axing more jobs while expecting the same work to fall on fewer shoulders. The bank forgets that these relentless cuts have a human cost. Unpaid overtime and work-related stress are already at endemic levels across the bank and this will reach a crisis point if Lloyds continues to swing the axe.”

– See more at: http://www.unitetheunion.org/news/lloyds-bank-axe-600-roles-and-offshore-it-as-unite-warns-of-race-to-the-bottom/?#sthash.88JSnF2C.dpuf

Did Apple kill the iPhone by offshoring the software?

When Apple killed the hyperlink in iOS 9.3 people started saying “the software has become so bad, it’s as if you’ve started to offshore it.”

The comment was meant as a rebuke. Basically, your onshore code is as bad as what we have come to expect from banks, government departments and other companies that offshore their IT.

Unfortunately, a little digging quickly revealed that Apple had indeed offshored a large chunk of its IT.

The result is plain to see:


http://www.macrumors.com/2016/04/24/apple-declining-iphone-shipments-2016/