While hundreds of thousands of people are losing their jobs or taking pay cuts, and millions more struggle with a higher cost of living, and low pay rises, Company directors award themselves 50% rises in pay.
Of course they will claim that they have made a great job of increasing the profits of their businesses, (not always the case), but the most common way to increase profits is to make less people do more work, for less money.
Albert Einstein said that the definition of insanity is ‘doing the same thing over and over again and expecting different results’
With that in mind my fear is that the latest attempts at solving the euro banking crisis may well fit with Einsteins theory of insanity.
How many anti Wall Street protestors have been locked up while these fraudulant Bankers get away with the equivelant of a slapped wrist.
Protests at financial mismanagement and government cutbacks have been held in cities around the world.
At least 20 people were injured in clashes at the biggest rally, in Rome, as riot police fought masked militants who had attacked property.
Police used tear gas, water cannon and baton-charges, making several arrests.
The profit margin for energy companies has risen to £125 per customer per year, from £15 in June.
Speaking to BBC Breakfast, Ian Marlee, from energy regulator Ofgem said, “It is not our job to regulate prices or profits in this market.”
Ofgem has confirmed it will force suppliers to simplify tariffs to make it easier to compare prices.
Its Nice to see more evidence that we are all in this together.
Roughly half a million fewer children were in poverty in the UK in 2008-09 than was the case in 1998-99, according to government figures.
The most recent figures calculate that 2.8 million children were living in poverty in the UK in 2008-09.
The headline measure for child poverty is the number of children living in households receiving 60% less than the median, or middle, household income before housing costs.
Falling incomes will mean the biggest drop for middle-income families since the 1970s – and will push 600,000 more children into poverty, says a report from the Institute for Fiscal Studies.
The IFS forecasts two years “dominated by a large decline” in incomes.
By 2013 there will be 3.1 million children in poverty in the UK, according to the IFS projections.