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Showing posts from November, 2019

Confederalism - not necessarily evil

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Situation Extreme left, left, green and extreme right all voted for more money for nurses as they are essential workers who save lives. Centre and centre right parties claim this is irresponsible because of Belgium's major debt problem that partly exist because it's historic from the time Belgium had only one government and needed to divide expenses in a certain ratio between Flanders and Wallonia even when only one region needed money to invest and because Belgium, like other countries, had to save its financial sector 10 years ago. Also the socialists are condemned and accused of throwing away money but this was to be expected as a social party can't accept that underinvestments in the social sector last for ever. Now parties are saying that the separatist right-wing Flemish party NV-A has to take responsibility by forming a coalition with the Walloon socialist party PS that is strongly pro Belgium so a real budget can be agreed and as the EU demands. Still, this

(7g) Payments for former partners and new crisis looming

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Companies pay former partners Even politicians start to get fed up with incompetence. PwC (PricewaterhouseCoopers) paid former partners for a total of about £100 million , thus people who no longer work for the company. This at a time when it seems they were incompetent to check certain companies so they failed while afterwards the same PwC earned millions to overlook the dismantlement of one of these company and thus PwC earns twice: first to overlook companies whereby they fail to notice mismanagement so the company goes bankrupt and thus little if anything remains for shareholders while other companies probably have to pay more when they want to buy viable parts of the company. Indeed, accounting companies should be forced to split their audit and consulting businesses into two separate companies without any link to avoid abuse of powers. Indeed, being ruthless and without compassion is the only way to work at such accounting companies. These companies also calculate the