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Obligatory left-wing thread...

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By *iamondjoe OP   Man
over a year ago

Glastonbury

Well, ish... Oxfam have compiled a report based on CrediteSwisse (an investment bank) figures that says:

.

"The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population."

.

Up the rich!

.

http://www.bbc.co.uk/news/business-35339475

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By (user no longer on site)
over a year ago

Like many people who are uncomfortable with disparities between the obscenely wealthy and the truly poor of this world.... I buy a lottery ticket hoping to win more money than I could ever need myself......

Although saying that.... if I were fortunate enough to hit the jackpot it would be my intention to use my winnings to help improve the lives of people who need help....

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By *iamondjoe OP   Man
over a year ago

Glastonbury

^ I like your style, young lady

*doffs bowler*

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By (user no longer on site)
over a year ago


"Well, ish... Oxfam have compiled a report based on CrediteSwisse (an investment bank) figures that says:

.

"The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population."

.

Up the rich!

.

http://www.bbc.co.uk/news/business-35339475"

Oxfam the chariry that wont help male rape victims because it doesn't suit the fundrasing campaign....

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By (user no longer on site)
over a year ago

PS I'm not left wing....

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"PS I'm not left wing.... "

Ps - neither is this thread

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By *andS66Couple
over a year ago

Derby


"Well, ish... Oxfam have compiled a report based on CrediteSwisse (an investment bank) figures that says:

.

"The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population."

.

Up the rich!

.

http://www.bbc.co.uk/news/business-35339475"

The report goes on to say that if you have a house with no mortgage in London, you will likely be in the top 1%, and if you have assets and cash over £48,300 you are in the top 10% - which I would think a lot of British people are in.

I have a brother in London who has no mortgage on his house, but I would hardly call him wealthy. I myself qualify to be in the top 10%.I would expect very many MPs would be in the top 1%, including Jeremy Corbyn. Certainly, if he isn't now, he very soon will be.

But wealth is relative.... I suppose if I sold up and took my money elsewhere, there are some places I could go and would be living like a king for the rest of my life, as there are some places that I wouldn't last 6 months.

These sort of surveys and reports are generally written with the viewpoint of the people that commissioned it in mind.

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"Well, ish... Oxfam have compiled a report based on CrediteSwisse (an investment bank) figures that says:

.

"The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population."

.

Up the rich!

.

http://www.bbc.co.uk/news/business-35339475

Oxfam the chariry that wont help male rape victims because it doesn't suit the fundrasing campaign...."

And CreditSwisse are a bunch of tax-dodging, money-laundering, freeloading shysters.

It's a funny old world.

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"The report goes on to say that if you have a house with no mortgage in London, you will likely be in the top 1%, and if you have assets and cash over £48,300 you are in the top 10% - which I would think a lot of British people are in.

I have a brother in London who has no mortgage on his house, but I would hardly call him wealthy. I myself qualify to be in the top 10%.I would expect very many MPs would be in the top 1%, including Jeremy Corbyn. Certainly, if he isn't now, he very soon will be.

But wealth is relative.... I suppose if I sold up and took my money elsewhere, there are some places I could go and would be living like a king for the rest of my life, as there are some places that I wouldn't last 6 months.

These sort of surveys and reports are generally written with the viewpoint of the people that commissioned it in mind."

Very true:

A surprisingly large number in ‘advanced’ countries have limited savings or other assets.

A high proportion are young people with little opportunity or interest in accumulating wealth.

In fact, limited tangible assets combined with debts and loans lead many young people to record negative net worth.

In Denmark and Sweden, for example, 30% of the population report negative wealth.

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By (user no longer on site)
over a year ago


"Well, ish... Oxfam have compiled a report based on CrediteSwisse (an investment bank) figures that says:

.

"The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population."

.

Up the rich!

.

http://www.bbc.co.uk/news/business-35339475

The report goes on to say that if you have a house with no mortgage in London, you will likely be in the top 1%, and if you have assets and cash over £48,300 you are in the top 10% - which I would think a lot of British people are in.

I have a brother in London who has no mortgage on his house, but I would hardly call him wealthy. I myself qualify to be in the top 10%.I would expect very many MPs would be in the top 1%, including Jeremy Corbyn. Certainly, if he isn't now, he very soon will be.

But wealth is relative.... I suppose if I sold up and took my money elsewhere, there are some places I could go and would be living like a king for the rest of my life, as there are some places that I wouldn't last 6 months.

These sort of surveys and reports are generally written with the viewpoint of the people that commissioned it in mind.

"

.

Just a question... How many people is 1%?

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By (user no longer on site)
over a year ago


"Well, ish... Oxfam have compiled a report based on CrediteSwisse (an investment bank) figures that says:

.

"The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population."

.

Up the rich!

.

http://www.bbc.co.uk/news/business-35339475

The report goes on to say that if you have a house with no mortgage in London, you will likely be in the top 1%, and if you have assets and cash over £48,300 you are in the top 10% - which I would think a lot of British people are in.

I have a brother in London who has no mortgage on his house, but I would hardly call him wealthy. I myself qualify to be in the top 10%.I would expect very many MPs would be in the top 1%, including Jeremy Corbyn. Certainly, if he isn't now, he very soon will be.

But wealth is relative.... I suppose if I sold up and took my money elsewhere, there are some places I could go and would be living like a king for the rest of my life, as there are some places that I wouldn't last 6 months.

These sort of surveys and reports are generally written with the viewpoint of the people that commissioned it in mind.

.

Just a question... How many people is 1%?"

70 million people give or take a few hundred thousand.

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"Just a question... How many people is 1%?"

Good question!

The top 1% is approx. 65 million people.

Depending on who's counting, around 5-10% of the global work force earn over $1 million.

There are around 1,200 people earning $1bn or more...

And to give it some context around 2.8 billion people live on $2 a day or less.

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By *aucy tiggerWoman
over a year ago

Back where I belong

I'm going to keep investing in the lottery and keeping my fingers crossed. In the meantime I'll keep my monthly direct debit to the local hospice going, until I win mega bucks and then donate a shed load of money.

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By (user no longer on site)
over a year ago

Apparently Tony Blair’s fortune only stands at £60 million which is three times the £20 million he previously claimed it was –

But hey..... its an easy mistake for any socialist to make when trying to include the value of the 10 homes they own...

Ohhhhhh left wing....left wing....left wing......

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"Apparently Tony Blair’s fortune only stands at £60 million which is three times the £20 million he previously claimed it was –

But hey..... its an easy mistake for any socialist to make when trying to include the value of the 10 homes they own...

Ohhhhhh left wing....left wing....left wing...... "

There's a terrible rumour going round that the reason Blair's refused a peerage has less to do with his shunning of such medieval fopperies and more to do with the fact that member of the House of Lords have to disclose their finances, business interests and assets.

But I'm sure it's just a rumour.

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By *riskynriskyCouple
over a year ago

Essex.


"Apparently Tony Blair’s fortune only stands at £60 million which is three times the £20 million he previously claimed it was –

But hey..... its an easy mistake for any socialist to make when trying to include the value of the 10 homes they own...

Ohhhhhh left wing....left wing....left wing......

There's a terrible rumour going round that the reason Blair's refused a peerage has less to do with his shunning of such medieval fopperies and more to do with the fact that member of the House of Lords have to disclose their finances, business interests and assets.

But I'm sure it's just a rumour. "

According to the press, his charities and foundations have given no recordable money to any good causes. They apparently haven't submitted any books which as registered charities they are bound to do...

I haven't researched this and may have read it in the Mail....

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"There's a terrible rumour going round that the reason Blair's refused a peerage has less to do with his shunning of such medieval fopperies and more to do with the fact that member of the House of Lords have to disclose their finances, business interests and assets.

But I'm sure it's just a rumour.

According to the press, his charities and foundations have given no recordable money to any good causes. They apparently haven't submitted any books which as registered charities they are bound to do...

I haven't researched this and may have read it in the Mail.... "

But he's such a great guy!

All that work for world peas and charideee!

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By (user no longer on site)
over a year ago


"Just a question... How many people is 1%?

Good question!

The top 1% is approx. 65 million people.

Depending on who's counting, around 5-10% of the global work force earn over $1 million.

There are around 1,200 people earning $1bn or more...

And to give it some context around 2.8 billion people live on $2 a day or less.

"

.

Blimey that probably rules out anybody I know then lol

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"Just a question... How many people is 1%?

Good question!

The top 1% is approx. 65 million people.

Depending on who's counting, around 5-10% of the global work force earn over $1 million.

There are around 1,200 people earning $1bn or more...

And to give it some context around 2.8 billion people live on $2 a day or less.

.

Blimey that probably rules out anybody I know then lol"

Don;t you know any millionaires?

Not so much eat the rich as gently nibble them...

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By *iamondjoe OP   Man
over a year ago

Glastonbury

Marvin Gaye - Inner City Blues (Make Me Wanna Holler)

https://www.youtube.com/watch?v=57Ykv1D0qEE

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By (user no longer on site)
over a year ago


"Well, ish... Oxfam have compiled a report based on CrediteSwisse (an investment bank) figures that says:

.

"The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population."

.

Up the rich!

.

http://www.bbc.co.uk/news/business-35339475"

What's the problem?

Did it also mention all the reduction in global poverty?

Forget focusing on bashing the rich lets work out on helping the poor

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By (user no longer on site)
over a year ago


"Well, ish... Oxfam have compiled a report based on CrediteSwisse (an investment bank) figures that says:

.

"The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population."

.

Up the rich!

.

http://www.bbc.co.uk/news/business-35339475

Oxfam the chariry that wont help male rape victims because it doesn't suit the fundrasing campaign....

And CreditSwisse are a bunch of tax-dodging, money-laundering, freeloading shysters.

It's a funny old world. "

Shysters? It's not a Jewish bank

And it's a derogerty slur anyway

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By *iamondjoe OP   Man
over a year ago

Glastonbury

My Marxist dialectic gets all the girls wet

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By *iamondjoe OP   Man
over a year ago

Glastonbury

[Removed by poster at 18/01/16 17:47:53]

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By (user no longer on site)
over a year ago


"Shysters? It's not a Jewish bank

And it's a derogerty slur anyway

My grandfather died in Auschwitz - I find that remark highly offensive! "

Erm - I didn't use it

I was nearly pointing out the wrong use of it

And oh - as you can't read I'll repeat the bit where I mentioned it was derogerty

Don't attack or bait me when I am strongly pro Jewish / pro Israel

I am sorry those Nazi scum killed your granddad

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By *iamondjoe OP   Man
over a year ago

Glastonbury

62 richest people having as much wealth as the poorest 50% of the population is a remarkable concentration of wealth, given that it would have taken 388 individuals to have the same wealth as the bottom 50% in 2010.

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By (user no longer on site)
over a year ago


"62 richest people having as much wealth as the poorest 50% of the population is a remarkable concentration of wealth, given that it would have taken 388 individuals to have the same wealth as the bottom 50% in 2010."

Subject changed quickly and your post deleted

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"62 richest people having as much wealth as the poorest 50% of the population is a remarkable concentration of wealth, given that it would have taken 388 individuals to have the same wealth as the bottom 50% in 2010.

Subject changed quickly and your post deleted "

Anyone would think you were looking for an argument, dude.

The thread was about global inequality

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By (user no longer on site)
over a year ago


"

Like many people who are uncomfortable with disparities between the obscenely wealthy and the truly poor of this world.... I buy a lottery ticket hoping to win more money than I could ever need myself......

Although saying that.... if I were fortunate enough to hit the jackpot it would be my intention to use my winnings to help improve the lives of people who need help....

"

The lottery is just another form of regressive taxation. A tax on the poor....so much for wealth distribution

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"

Like many people who are uncomfortable with disparities between the obscenely wealthy and the truly poor of this world.... I buy a lottery ticket hoping to win more money than I could ever need myself......

Although saying that.... if I were fortunate enough to hit the jackpot it would be my intention to use my winnings to help improve the lives of people who need help....

The lottery is just another form of regressive taxation. A tax on the poor....so much for wealth distribution "

I prefer - a tax on stupidity

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By (user no longer on site)
over a year ago


"62 richest people having as much wealth as the poorest 50% of the population is a remarkable concentration of wealth, given that it would have taken 388 individuals to have the same wealth as the bottom 50% in 2010.

Subject changed quickly and your post deleted

Anyone would think you were looking for an argument, dude.

The thread was about global inequality "

Says the one kicking off incorrectly about my post! Lol

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By (user no longer on site)
over a year ago


"

Like many people who are uncomfortable with disparities between the obscenely wealthy and the truly poor of this world.... I buy a lottery ticket hoping to win more money than I could ever need myself......

Although saying that.... if I were fortunate enough to hit the jackpot it would be my intention to use my winnings to help improve the lives of people who need help....

The lottery is just another form of regressive taxation. A tax on the poor....so much for wealth distribution

I prefer - a tax on stupidity "

You would be skint

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By (user no longer on site)
over a year ago


"

Like many people who are uncomfortable with disparities between the obscenely wealthy and the truly poor of this world.... I buy a lottery ticket hoping to win more money than I could ever need myself......

Although saying that.... if I were fortunate enough to hit the jackpot it would be my intention to use my winnings to help improve the lives of people who need help....

The lottery is just another form of regressive taxation. A tax on the poor....so much for wealth distribution "

Rich people also do the lottery

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By *obyn GravesTV/TS
over a year ago

1127 walnut avenue

oxfam... have you seen the prices they charge in their shops..

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By (user no longer on site)
over a year ago


"oxfam... have you seen the prices they charge in their shops.. "

No - enlighten us

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By (user no longer on site)
over a year ago


"

Like many people who are uncomfortable with disparities between the obscenely wealthy and the truly poor of this world.... I buy a lottery ticket hoping to win more money than I could ever need myself......

Although saying that.... if I were fortunate enough to hit the jackpot it would be my intention to use my winnings to help improve the lives of people who need help....

The lottery is just another form of regressive taxation. A tax on the poor....so much for wealth distribution

Rich people also do the lottery "

Regressive tax....not sure you understand what that means

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By (user no longer on site)
over a year ago

Here are some examples of some CEO salaries as compiled by the Daily Telegraph in 2013:

"The Daily Telegraph can disclose that Sir Nick Young, the chief executive of the British Red Cross, saw his pay jump by 12 per cent to £184,000 since 2010, despite a one per cent fall in the charity’s donations and a three per cent fall in revenues.

Others in the same pay bracket included Justin Forsyth, chief executive of Save the Children, a former adviser to both Tony Blair and Gordon Brown when they were Prime Minister.

The charity said Mr Forsyth received £163,000 last year, just less than Anabel Hoult, its chief operating officer, who was paid £168,653.

Revenue at the charity is down three per cent since 2010, although donations were up markedly.

Chris Bain, the director of Catholic aid charity Cafod, saw his pay jump by nine per cent between 2010 and 2012, from £80,000 a year to £87,000 a year. Over the same period donations and revenue rose 16 per cent and 24 per cent respectively.

Richard Miller, director at ActionAid, saw his pay increase by eight per cent to nearly £89,000 a year, while both revenues and donations fell 11 per cent.

The top paid executive at Christian Aid was Loretta Minghella, a former chief executive of the Financial Services Compensation Scheme, who was paid £126,072 this year, up from £123,729 last year and £119,123 the previous year.

At Oxfam, former chief executive Dame Barbara Stocking saw her pay rise over the three years, while revenues fell but donations increased."

Oxfam have been a bit reserved since the report but I'll bet their 'right on' Directors are very satisfied with their perks and 'packages'. As Osborne once said...''all in it together''!

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By (user no longer on site)
over a year ago


"

Like many people who are uncomfortable with disparities between the obscenely wealthy and the truly poor of this world.... I buy a lottery ticket hoping to win more money than I could ever need myself......

Although saying that.... if I were fortunate enough to hit the jackpot it would be my intention to use my winnings to help improve the lives of people who need help....

The lottery is just another form of regressive taxation. A tax on the poor....so much for wealth distribution

Rich people also do the lottery

Regressive tax....not sure you understand what that means "

Yes I do

It's about tax proportionality compared to wealth

Just stating rich people also do it

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By (user no longer on site)
over a year ago

And it's not about wealth distribution if it was rich wouldn't do it

That's social spending

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By (user no longer on site)
over a year ago


"oxfam... have you seen the prices they charge in their shops..

No - enlighten us "

Yes, I have. for example they now have a separate 'Designer clothes' rail for which they charge double the usual price.

With Directors salaries, huge 'admin' costs (Oxfam shops are staffed by volunteers!) I imagine the founder is turning over in his grave.

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By (user no longer on site)
over a year ago


"oxfam... have you seen the prices they charge in their shops..

No - enlighten us

Yes, I have. for example they now have a separate 'Designer clothes' rail for which they charge double the usual price.

With Directors salaries, huge 'admin' costs (Oxfam shops are staffed by volunteers!) I imagine the founder is turning over in his grave."

Why wouldn't you maximise returns if you were Oxfarm? Charity shops aren't there to subsidise cheap shopping they are there to raise money

If designer clothes can yield more why not Chad more

High salaries etc is a different matter, that's what they spend - which I dot agree with as it detracts from real causes - especially, as most execs at charities are idiots

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By (user no longer on site)
over a year ago


"Apparently Tony Blair’s fortune only stands at £60 million which is three times the £20 million he previously claimed it was –

But hey..... its an easy mistake for any socialist to make when trying to include the value of the 10 homes they own...

Ohhhhhh left wing....left wing....left wing...... "

Tony Blair and the term socialist aren't really compatible.

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By *olgateMan
over a year ago

on the road to nowhere in particular


"

Like many people who are uncomfortable with disparities between the obscenely wealthy and the truly poor of this world.... I buy a lottery ticket hoping to win more money than I could ever need myself......

Although saying that.... if I were fortunate enough to hit the jackpot it would be my intention to use my winnings to help improve the lives of people who need help....

"

I've always liked you soxy

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By *inky-MinxWoman
over a year ago

Grantham


"Here are some examples of some CEO salaries as compiled by the Daily Telegraph in 2013:

"The Daily Telegraph can disclose that Sir Nick Young, the chief executive of the British Red Cross, saw his pay jump by 12 per cent to £184,000 since 2010, despite a one per cent fall in the charity’s donations and a three per cent fall in revenues.

Others in the same pay bracket included Justin Forsyth, chief executive of Save the Children, a former adviser to both Tony Blair and Gordon Brown when they were Prime Minister.

The charity said Mr Forsyth received £163,000 last year, just less than Anabel Hoult, its chief operating officer, who was paid £168,653.

Revenue at the charity is down three per cent since 2010, although donations were up markedly.

Chris Bain, the director of Catholic aid charity Cafod, saw his pay jump by nine per cent between 2010 and 2012, from £80,000 a year to £87,000 a year. Over the same period donations and revenue rose 16 per cent and 24 per cent respectively.

Richard Miller, director at ActionAid, saw his pay increase by eight per cent to nearly £89,000 a year, while both revenues and donations fell 11 per cent.

The top paid executive at Christian Aid was Loretta Minghella, a former chief executive of the Financial Services Compensation Scheme, who was paid £126,072 this year, up from £123,729 last year and £119,123 the previous year.

At Oxfam, former chief executive Dame Barbara Stocking saw her pay rise over the three years, while revenues fell but donations increased."

Oxfam have been a bit reserved since the report but I'll bet their 'right on' Directors are very satisfied with their perks and 'packages'. As Osborne once said...''all in it together''!

"

This is the reason I don't give to organised charity. I do fundraising for small, independent, local causes.

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By *inky-MinxWoman
over a year ago

Grantham

I don't 'invest' in the lottery, returns are way too poor.

I do have a Swiss bank account though.

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By *hetalkingstoveMan
over a year ago

London

How did this turn into 'bash Oxfam'?

They're not perfect. What organisation is? It doesn't mean what this report says isn't true.

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By *olgateMan
over a year ago

on the road to nowhere in particular


"How did this turn into 'bash Oxfam'?

They're not perfect. What organisation is? It doesn't mean what this report says isn't true.

"

There are some charities that are run more for the directors benefit than the cause. Oxfam is perceived to be one of these charities.

C...

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By *inky-MinxWoman
over a year ago

Grantham


"How did this turn into 'bash Oxfam'?

They're not perfect. What organisation is? It doesn't mean what this report says isn't true.

There are some charities that are run more for the directors benefit than the cause. Oxfam is perceived to be one of these charities.

C..."

Plus, for me anyway, when I discovered that all their 'Buy a farmer a goat' stuff didn't actually give farmers any goats, it was the final nail in their coffin.

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By (user no longer on site)
over a year ago

"When I give poor people food, they call me a saint.

When I ask why poor people have no food, they call me a Communist"

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By *iamondjoe OP   Man
over a year ago

Glastonbury


""When I give poor people food, they call me a saint.

When I ask why poor people have no food, they call me a Communist""

~ Brazilian archbishop Dom Hélder Pessoa Câmara

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By *iamondjoe OP   Man
over a year ago

Glastonbury

The point is simple:

* The top 1% own 41%

* top 10% own 86%

* bottom half own just 1%

Why is that?

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By (user no longer on site)
over a year ago

Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

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By (user no longer on site)
over a year ago


"The point is simple:

* The top 1% own 41%

* top 10% own 86%

* bottom half own just 1%

Why is that?"

The bottom half produce largely nothing.

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By *iamondjoe OP   Man
over a year ago

Glastonbury

It's not because they don't work hard enough.

In the CreditSwisse report, it details the ‘American dream’ or the British idea of ‘rags to riches’ is a myth.

Two-thirds of American adults are in the same wealth decile as their parents were.

Even globally, “while some individuals do alternate wildly between rags and riches, many stay for their whole lifetime in the same wealth neighborhood for people of their age. Dividing the population into wealth quintiles, about half the population remains in the same quintile after ten years and we estimate that at least a third would be in the same quintile after thirty years.”

In plane English, if you're born poor it's hard to succeed. If you're born rich, it's hard to fuck up.

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By (user no longer on site)
over a year ago


"How did this turn into 'bash Oxfam'?

They're not perfect. What organisation is? It doesn't mean what this report says isn't true.

"

Theyre an appalling organisation who sadly trade on what was once a food name to reap undeserved donations that could be far better spent.

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By *iamondjoe OP   Man
over a year ago

Glastonbury

All class societies have generated extremes of inequality in wealth and income.

That is the point of an elite (feudal landlords, Asiatic warlords, Incan and Egyptian religious castes, Roman emperors &c) usurping control of the surplus produced by labour.

But past class societies considered that normal and ‘god-given’.

Capitalism on the other hand talks about free markets, equal exchange and equality of opportunity.

But the reality is no different from previous class societies.

Not really.

If you think about it.

*descends soap box*

I might have a bath...

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By (user no longer on site)
over a year ago


"All class societies have generated extremes of inequality in wealth and income.

That is the point of an elite (feudal landlords, Asiatic warlords, Incan and Egyptian religious castes, Roman emperors &c) usurping control of the surplus produced by labour.

But past class societies considered that normal and ‘god-given’.

Capitalism on the other hand talks about free markets, equal exchange and equality of opportunity.

But the reality is no different from previous class societies.

Not really.

If you think about it.

*descends soap box*

I might have a bath...

"

Well except that a lot of the bottom percent dont produce any surplus from thier labour.

And that anyone can potentially rise up to become one of the elite with sufficient ability and timing.

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By *iamondjoe OP   Man
over a year ago

Glastonbury

I told my daughter the other day that what we need is a revolution!

She stopped on her scooter, sighed and said, "DON'T start with that again!"

I'll have a bath...

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations? "

Nope.

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

"

...and just how many charities's CEOs command such paypackets?

A handfull - and there are 1,000s of tiny charities grafting near YOU to plug the gap in whatever government services, looking after your old people and your sick animals.

It's a false comparison

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

...and just how many charities's CEOs command such paypackets?

A handfull - and there are 1,000s of tiny charities grafting near YOU to plug the gap in whatever government services, looking after your old people and your sick animals.

It's a false comparison "

Yes, but the local Cat charity doesn't fund charitable operations in a number war zones and foreign countries.

So you're right, it IS a false comparison and will be until I see Cats Protection working in Darfur.

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

...and just how many charities's CEOs command such paypackets?

A handfull - and there are 1,000s of tiny charities grafting near YOU to plug the gap in whatever government services, looking after your old people and your sick animals.

It's a false comparison

Yes, but the local Cat charity doesn't fund charitable operations in a number war zones and foreign countries.

So you're right, it IS a false comparison and will be until I see Cats Protection working in Darfur. "

¿Qué?

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By *andS66Couple
over a year ago

Derby


"All class societies have generated extremes of inequality in wealth and income.

That is the point of an elite (feudal landlords, Asiatic warlords, Incan and Egyptian religious castes, Roman emperors &c).

Capitalism on the other hand talks about free markets, equal exchange and equality of opportunity.

But the reality is no different from previous class societies.

"

Socialism and communism also generates extremes of wealth... it could be argued greater so than capitalism. You cannot 'improve your lot' individually under a strictly socialist or communist doctrine, as this would go against the 'one in, all in' principle.

The only difference between the extremes of wealth generated by capitalism or socialism/communism is that capitalism is open about it.

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By *nleashedCrakenMan
over a year ago

Widnes


"All class societies have generated extremes of inequality in wealth and income.

That is the point of an elite (feudal landlords, Asiatic warlords, Incan and Egyptian religious castes, Roman emperors &c) usurping control of the surplus produced by labour.

But past class societies considered that normal and ‘god-given’.

Capitalism on the other hand talks about free markets, equal exchange and equality of opportunity.

But the reality is no different from previous class societies.

Not really.

If you think about it.

*descends soap box*

I might have a bath...

"

If 50& of the population remain within the same wealth bracket after 10 years that also means that 50% don't. While still not good enough, I think that shows a far better level of social mobility than any of the other systems you're comparing it with.

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By (user no longer on site)
over a year ago

It's technologically possible for financial inequality to not exist. Production could match demand if we did things differently and thought differently.

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"It's technologically possible for financial inequality to not exist. Production could match demand if we did things differently and thought differently."

Was wondering where you'd gone to

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"All class societies have generated extremes of inequality in wealth and income.

That is the point of an elite (feudal landlords, Asiatic warlords, Incan and Egyptian religious castes, Roman emperors &c) usurping control of the surplus produced by labour.

But past class societies considered that normal and ‘god-given’.

Capitalism on the other hand talks about free markets, equal exchange and equality of opportunity.

But the reality is no different from previous class societies.

Not really.

If you think about it.

*descends soap box*

I might have a bath...

If 50& of the population remain within the same wealth bracket after 10 years that also means that 50% don't. While still not good enough, I think that shows a far better level of social mobility than any of the other systems you're comparing it with."

There is still scope for far greater equality...

'Socially mobile' for millions of Chinese who have been lifted from poverty - state capitalism?

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By *entaur_UKMan
over a year ago

Cannock


"All class societies have generated extremes of inequality in wealth and income.

That is the point of an elite (feudal landlords, Asiatic warlords, Incan and Egyptian religious castes, Roman emperors &c).

Capitalism on the other hand talks about free markets, equal exchange and equality of opportunity.

But the reality is no different from previous class societies.

Socialism and communism also generates extremes of wealth... it could be argued greater so than capitalism. You cannot 'improve your lot' individually under a strictly socialist or communist doctrine, as this would go against the 'one in, all in' principle.

The only difference between the extremes of wealth generated by capitalism or socialism/communism is that capitalism is open about it. "

Not sure how champagne socialists like Emily Thornberry would feel about giving up their £4 million quid houses to share that wealth with the poor? Or Ed Miliband with his 2 kitchens, or Russel Brand with his millions in the bank?

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By *entaur_UKMan
over a year ago

Cannock


"All class societies have generated extremes of inequality in wealth and income.

That is the point of an elite (feudal landlords, Asiatic warlords, Incan and Egyptian religious castes, Roman emperors &c).

Capitalism on the other hand talks about free markets, equal exchange and equality of opportunity.

But the reality is no different from previous class societies.

Socialism and communism also generates extremes of wealth... it could be argued greater so than capitalism. You cannot 'improve your lot' individually under a strictly socialist or communist doctrine, as this would go against the 'one in, all in' principle.

The only difference between the extremes of wealth generated by capitalism or socialism/communism is that capitalism is open about it.

Not sure how champagne socialists like Emily Thornberry would feel about giving up their £4 million quid houses to share that wealth with the poor? Or Ed Miliband with his 2 kitchens, or Russel Brand with his millions in the bank? "

Was gonna add Tony Blair in that list but thought better of it.

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"All class societies have generated extremes of inequality in wealth and income.

That is the point of an elite (feudal landlords, Asiatic warlords, Incan and Egyptian religious castes, Roman emperors &c).

Capitalism on the other hand talks about free markets, equal exchange and equality of opportunity.

But the reality is no different from previous class societies.

Socialism and communism also generates extremes of wealth... it could be argued greater so than capitalism. You cannot 'improve your lot' individually under a strictly socialist or communist doctrine, as this would go against the 'one in, all in' principle.

The only difference between the extremes of wealth generated by capitalism or socialism/communism is that capitalism is open about it.

Not sure how champagne socialists like Emily Thornberry would feel about giving up their £4 million quid houses to share that wealth with the poor? Or Ed Miliband with his 2 kitchens, or Russel Brand with his millions in the bank?

Was gonna add Tony Blair in that list but thought better of it. "

We've already done Tony Blair

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By (user no longer on site)
over a year ago


"It's technologically possible for financial inequality to not exist. Production could match demand if we did things differently and thought differently."

Wild stab in the dark you've never had experience in heavy manufacturing or logistics either have you?

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By *entaur_UKMan
over a year ago

Cannock


"It's technologically possible for financial inequality to not exist. Production could match demand if we did things differently and thought differently.

Wild stab in the dark you've never had experience in heavy manufacturing or logistics either have you? "

He just did a post to say he was stoned.

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"It's technologically possible for financial inequality to not exist. Production could match demand if we did things differently and thought differently.

Wild stab in the dark you've never had experience in heavy manufacturing or logistics either have you?

He just did a post to say he was stoned. "

I know, I've been out on the nawti step for less

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By *iamondjoe OP   Man
over a year ago

Glastonbury

Alabama 3 live at the Astoria "Mao Tse Tung says"

https://www.youtube.com/watch?v=gpGgLyfDERI

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By (user no longer on site)
over a year ago


"It's technologically possible for financial inequality to not exist. Production could match demand if we did things differently and thought differently.

Wild stab in the dark you've never had experience in heavy manufacturing or logistics either have you? "

Wild stab in the dark, you think inside the box don't you. And haven't heard of Jacque Fresco, Buckminster Fuller etc..

Another wild stab in the dark, you think I've never experience someone who thinks they know it all and I know nothing. Just because you haven't experienced something doesn't mean it isn't possible. Just because you haven't thought of something doesn't mean someone else hasn't.

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By (user no longer on site)
over a year ago


"It's technologically possible for financial inequality to not exist. Production could match demand if we did things differently and thought differently.

Wild stab in the dark you've never had experience in heavy manufacturing or logistics either have you?

Wild stab in the dark, you think inside the box don't you. And haven't heard of Jacque Fresco, Buckminster Fuller etc..

Another wild stab in the dark, you think I've never experience someone who thinks they know it all and I know nothing. Just because you haven't experienced something doesn't mean it isn't possible. Just because you haven't thought of something doesn't mean someone else hasn't."

Ive heard of them personally i perfer Farnsworth though, when it comes to inventors.

And no, it just means that you've never encountered the problems that most industries face that make the dream of "robots doing all the work" bollocks at this current level of technology in the future maybe, with very very very good planning but even then it fucks up on large projects such as aircraft and ships, chemical plants etc.

Sorry to keep putting you down but basicaly you've watched an infomercial and are now convinced that for just 5 easy payments of £79.99 you too can own your very own JML Wonder Society.

You talk about knowledge of whats possible but you completely lack that, or any practical grounding in the areas your discussing.

Take a simple set of presses, say 5 they over 5 stamping operations shape and form say a car bonnet.

They can be fed and unloaded automatically and each plate passes through the line automatically.

Discuss why this process if left fully automated without a human is doomed to fail expensively.

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By *nleashedCrakenMan
over a year ago

Widnes


"It's technologically possible for financial inequality to not exist. Production could match demand if we did things differently and thought differently.

Wild stab in the dark you've never had experience in heavy manufacturing or logistics either have you?

Wild stab in the dark, you think inside the box don't you. And haven't heard of Jacque Fresco, Buckminster Fuller etc..

Another wild stab in the dark, you think I've never experience someone who thinks they know it all and I know nothing. Just because you haven't experienced something doesn't mean it isn't possible. Just because you haven't thought of something doesn't mean someone else hasn't.

Ive heard of them personally i perfer Farnsworth though, when it comes to inventors.

And no, it just means that you've never encountered the problems that most industries face that make the dream of "robots doing all the work" bollocks at this current level of technology in the future maybe, with very very very good planning but even then it fucks up on large projects such as aircraft and ships, chemical plants etc.

Sorry to keep putting you down but basicaly you've watched an infomercial and are now convinced that for just 5 easy payments of £79.99 you too can own your very own JML Wonder Society.

You talk about knowledge of whats possible but you completely lack that, or any practical grounding in the areas your discussing.

Take a simple set of presses, say 5 they over 5 stamping operations shape and form say a car bonnet.

They can be fed and unloaded automatically and each plate passes through the line automatically.

Discuss why this process if left fully automated without a human is doomed to fail expensively.

"

I think you're being a little harsh. I to have no idea about manufacturing in this sort of detail but that doesn't mean I can't have a valid opinion in how societies should be organised. That being said, I don't agree that way he wants to organise things, based on posts he's made in other threads, would actually be very successful.

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

...and just how many charities's CEOs command such paypackets?

A handfull - and there are 1,000s of tiny charities grafting near YOU to plug the gap in whatever government services, looking after your old people and your sick animals.

It's a false comparison

Yes, but the local Cat charity doesn't fund charitable operations in a number war zones and foreign countries.

So you're right, it IS a false comparison and will be until I see Cats Protection working in Darfur.

¿Qué?"

I was pointing out your straw man argument and it's logical inconsistencies. Try comparing apples with apples, not tennis balls.

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By (user no longer on site)
over a year ago

Wasn't there some sort of social experiment where they took a range of people, with and without money, with and without a history of making money, equalised them by sharing out the money, put them in an environment and told them to get on with life and before long, those who had had the money or the history of making were rich again and the poor were poor again? In other words some people can make themselves the wealth, others can't. So the rich are always rich, the poor always poor.

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By (user no longer on site)
over a year ago


"I don't 'invest' in the lottery, returns are way too poor.

I do have a Swiss bank account though."

Don't the Swiss now share all UK citizens details with HMRC?

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

"

Ok

2 sides to this

1. If you want top talent you need to pay for it

If the CEO on £180k brings in another 10 million in fundraising that's worth it

2. On the other hand it doesn't fit with the spirit of charity

And most exec's of charities are idiots how couldn't get a real exec job - they are left wing levies out of touch with the real world

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

Ok

2 sides to this

1. If you want top talent you need to pay for it

If the CEO on £180k brings in another 10 million in fundraising that's worth it

2. On the other hand it doesn't fit with the spirit of charity

And most exec's of charities are idiots how couldn't get a real exec job - they are left wing levies out of touch with the real world "

Pfft

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By (user no longer on site)
over a year ago


""The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam."

Progress to equality

when I was a lad back in the 7th century 1% of the population had 98.6% of the wealth, but of course we were poverty stricken as we didn't have any $ at all.

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By *iamondjoe OP   Man
over a year ago

Glastonbury


""The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

Progress to equality

when I was a lad back in the 7th century 1% of the population had 98.6% of the wealth, but of course we were poverty stricken as we didn't have any $ at all. "

Progress

It's nice to see rich people doing so well for all the rest of us, don;t ya think?

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By (user no longer on site)
over a year ago


"

Like many people who are uncomfortable with disparities between the obscenely wealthy and the truly poor of this world.... I buy a lottery ticket hoping to win more money than I could ever need myself......

Although saying that.... if I were fortunate enough to hit the jackpot it would be my intention to use my winnings to help improve the lives of people who need help....

"

IF you win the lottery jackpot it would really help me if I had a pagani huayra in black please.

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

Ok

2 sides to this

1. If you want top talent you need to pay for it

If the CEO on £180k brings in another 10 million in fundraising that's worth it

2. On the other hand it doesn't fit with the spirit of charity

And most exec's of charities are idiots how couldn't get a real exec job - they are left wing levies out of touch with the real world

Pfft"

The funny thing is you think your hilarious and smart

But your not

Bet you use to strut around the forums thinking you were the dogs bullocks until I came along and put you in your place

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

Ok

2 sides to this

1. If you want top talent you need to pay for it

If the CEO on £180k brings in another 10 million in fundraising that's worth it

2. On the other hand it doesn't fit with the spirit of charity

And most exec's of charities are idiots how couldn't get a real exec job - they are left wing levies out of touch with the real world

Pfft

The funny thing is you think your hilarious and smart

But your not

Bet you use to strut around the forums thinking you were the dogs bullocks until I came along and put you in your place "

Aww ya trolling again?

Cute....

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

Ok

2 sides to this

1. If you want top talent you need to pay for it

If the CEO on £180k brings in another 10 million in fundraising that's worth it

2. On the other hand it doesn't fit with the spirit of charity

And most exec's of charities are idiots how couldn't get a real exec job - they are left wing levies out of touch with the real world

Pfft

The funny thing is you think your hilarious and smart

But your not

Bet you use to strut around the forums thinking you were the dogs bullocks until I came along and put you in your place

Aww ya trolling again?

Cute...."

No just replying to his troll

And what I do is my business

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

Ok

2 sides to this

1. If you want top talent you need to pay for it

If the CEO on £180k brings in another 10 million in fundraising that's worth it

2. On the other hand it doesn't fit with the spirit of charity

And most exec's of charities are idiots how couldn't get a real exec job - they are left wing levies out of touch with the real world

Pfft

The funny thing is you think your hilarious and smart

But your not

Bet you use to strut around the forums thinking you were the dogs bullocks until I came along and put you in your place

Aww ya trolling again?

Cute....

No just replying to his troll

And what I do is my business "

Cool story

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By *iamondjoe OP   Man
over a year ago

Glastonbury

PMSL

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

Ok

2 sides to this

1. If you want top talent you need to pay for it

If the CEO on £180k brings in another 10 million in fundraising that's worth it

2. On the other hand it doesn't fit with the spirit of charity

And most exec's of charities are idiots how couldn't get a real exec job - they are left wing levies out of touch with the real world

Pfft

The funny thing is you think your hilarious and smart

But your not

Bet you use to strut around the forums thinking you were the dogs bullocks until I came along and put you in your place

Aww ya trolling again?

Cute....

No just replying to his troll

And what I do is my business

Cool story "

Yup

Got another one for you

It's called 'they boy who went and fucked himself' I suggest you read it

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By (user no longer on site)
over a year ago


"PMSL"

Better go to the doctors - a sad sign of old age

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By *iamondjoe OP   Man
over a year ago

Glastonbury


"PMSL

Better go to the doctors - a sad sign of old age "

You on the blob?

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By (user no longer on site)
over a year ago


"Am I the only one who thinks those salaries sound reasonable for large multimillion pound organisations?

Nope.

Ok

2 sides to this

1. If you want top talent you need to pay for it

If the CEO on £180k brings in another 10 million in fundraising that's worth it

2. On the other hand it doesn't fit with the spirit of charity

And most exec's of charities are idiots how couldn't get a real exec job - they are left wing levies out of touch with the real world

Pfft

The funny thing is you think your hilarious and smart

But your not

Bet you use to strut around the forums thinking you were the dogs bullocks until I came along and put you in your place

Aww ya trolling again?

Cute....

No just replying to his troll

And what I do is my business

Cool story

Yup

Got another one for you

It's called 'they boy who went and fucked himself' I suggest you read it "

Nice...your autobiography

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By (user no longer on site)
over a year ago


"PMSL

Better go to the doctors - a sad sign of old age "

I would love the contact details for your doctor, he/she must be a miracle worker - a couple of weeks ago you were 54 on your profile, now you're 29

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By *ugby 123Couple
Forum Mod

over a year ago

O o O oo

The people who rub each other up the wrong way please ignore each other.

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