Power failure
– Where has all the money gone?
Today I have
read an article on the BBC news web page, about a company called Powa
Technology's. http://www.bbc.com/news/technology-36070904
After reading this article and reading some of the comments left by
other readers it struck me how similar this company is to the
Government.
Politicians are
taking our money (the investors) and they are spending it … where?
To quote the article “Last month I wrote about the
collapse of the UK tech "unicorn" Powa Technologies, a firm
I called a textbook example of how not to run a business. Back then
it was hard to see how Powa had run through so much money so
quickly.” Where I am living now we are in a time where we
could use the phrase “how not to run a country” and “how can a
country run through so much money so quickly”
Our politicians are like the
owner/executives of this company, they run it so badly that the
investors have to call in the administrators to try and claw back
some of their investments, only we can't call in the administrators
when we see our Government failing so badly, no we have to accept
pay/job cuts and dig deeper into our pockets to pay more taxes whilst
the politicians come away with their wages, bonuses and pensions
intact.
To quote one of the comments
after the article: “But as usual, those at the top have banked
their huge salaries and bonuses while those at the bottom leave
unpaid with no realistic chance of ever seeing their money”
This
article leaves me wondering how different our world would be if the
first people to see pay cuts were the politicians themselves and the
hard working millions at the bottom had their wages protected as they
are the ones earning the least and needing the money the most?.
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