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Queen Set For Big Payout From New Funding?


Timm

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HOLA441

http://www.telegraph...port-Grant.html

The Queen could end up better off than she is now when the Royal Household's new funding arrangement comes into force, it was claimed last night.

The Sovereign Support Grant, which will replace the Civil List in 2013, will give the monarchy a portion of the profits of the £6.6bn Crown Estate.

While the Chancellor has announced a 14 per cent cut in Royal spending to £30m, there were reports last night that the Treasury is considering giving the Royal Household 15 per cent of the Crown Estate's profits, which would equate to £37.5m if it achieves its stated target of a £250m annual profit.

Oh, I get it. Crown Estate portfolio still affected by low land values, big inflation coming, much easier planning permission for rural areas, big jump in land values, huge pay out for our lizard overlords.

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Oi, peasants: Get off my land!

However, Royal sources have hinted that the grant could be capped at £30m, with a lower limit also set in case of a slump in Crown Estate profits.

"Royal sources" have "hinted", "could be".

Yeah right.

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HOLA442

One is in it together.

It seems that the austerity package/cuts will result in:

1. No change to banksters bonuses or power

2. No change to our overall national debt

3. No change for those at the top of the economic tree

Does anything ever really change in this country? Not since the 1630's as far as I can see.

http://www.guardian.co.uk/politics/2010/oct/22/spending-review-banks-off-hook

Spending review: banks appear to have wriggled off the hook

Government accused of 'going soft' on banks with a charge that would raise no more than £2.5bn from the industry

http://www.guardian.co.uk/politics/2010/oct/20/spending-review-banks-george-osborne

Banks cheer George Osborne

City emerges relatively unscathed from spending review despite chancellor's pledge to extract 'maximum sustainable' tax revenue

(7)

Edited by Realistbear
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HOLA443

Wealth is relative. And the relative slice of the pie the rich have gets bigger and the plebs' slice gets smaller. It takes a world war or the threat of a revolution for the proportions to readjust for a generation or two, but then it's back to the default position.

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HOLA445

Government accused of 'going soft' on banks with a charge that would raise no more than £2.5bn from the industry

The banks also have tens of billions of losses to carry forward so won't be paying corporation tax for years. When they do it'll be at the new lower rate of 24%. So £2.5bn is just a tokenistic charge for doing business in the UK.

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HOLA446

The banks also have tens of billions of losses to carry forward so won't be paying corporation tax for years. When they do it'll be at the new lower rate of 24%. So £2.5bn is just a tokenistic charge for doing business in the UK.

The other tokenistic charge is having to employ ex-politicians as after-dinner speakers or "consultants".

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HOLA4410

I like the idea of a Monarchy. A Head of State that simply transfers powers, rights, property and priviledge from one generation to the other. Where the Monarch's Son is promoted to the equivalent of a General and awarded medals, just because of his birth right. Where the public hold the Monarchy in such high regard that they really would fight to preserve it. Elections are irrelevant for the Head of State as well and any attempt to change the Head of State is seen as an act of Treason.

In fact we have exactly the same system as North Korea. Now thats demorcracy.

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HOLA4411

I like the idea of a Monarchy. A Head of State that simply transfers powers, rights, property and priviledge from one generation to the other. Where the Monarch's Son is promoted to the equivalent of a General and awarded medals, just because of his birth right. Where the public hold the Monarchy in such high regard that they really would fight to preserve it. Elections are irrelevant for the Head of State as well and any attempt to change the Head of State is seen as an act of Treason.

In fact we have exactly the same system as North Korea. Now thats demorcracy.

Can you think of a better mechanism in instances where you are forced to accept a mechanism?

Maybe a presidenta a life - some fcukwit sociopath from the slums of middlesborough?

Better the devil you know.

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