Obscene amount of Remuneration

smcapstick

Member
Location
Kirkby Lonsdale
No, it's the truth. You said yourself, GREED IS GOOD, but according to your posts on another thread your treatment at the hands of your own family would suggest that it ain't so good. I tell you, without some slack, some compassion, some accommodation of other people lives then society won't work out. Mercenary capitalism is a disaster just as corrupt Communism is a disaster. The middle road is Christianity. That's why Christianity came about.

And that's the very last thing I'll ever post, because it's become an addiction and wasted hours of my time.
Greed, coupled with stupidity, is a road to nowhere. I have tried to help them for the benefit of all parties but they are too blinkered to see sense. Greed with intelligence is the most productive combination you can get - it drives advancement, expansion and improvement across the board. Without that drive to make things bigger, better, easier and more profitable we'd still be living in mud huts.

I doubt having an imaginary friend will help.
 

Sussex Martin

Member
Location
Burham Kent
I can understand where @DrWazzock is comming from though! I am not a God botherer but think I am Christian in my leanings, I think of other people and how my actions/inactions affect them, I am happy with my lot and life and want for nothing I need. There are things that I would like to have and know that I will never be able to afford them so I don't worry about it.
You don't need an imaginary friend to be nice to people.
 

Elmsted

Never Forgotten
Honorary Member
Location
Bucharest
The trouble with Communism is that idiot leaders never get there comeuppance as no matter how incompetent they are, they keep their position as the normal rules of business don't apply and so they do not become bankrupt and thrown out of business.

Market forces are a great leveller.

Please explain why you have this view given that China and Russia have or soon will surpass the home for free market capitalism in financial terms. I trust you can get a summer discount on thermal underwear when we switch off the gas and you freeze next winter.

Just do the maths Western Europe needs 2000 shiploads per year of LPG to substitute for our gas. There are only 400 vessels built. Plus there are NO export facilities built in USA.

Talk about shooting one's self in the foot. Now we are giving 20 years in prison for growing GMO as a terrorist offence.

As to getting anything in space no way hosea. As to corruption why have Chevron an American company invested 10 billion $ in west Ukraine. To extract gas and oil. Why is kerry's Son now a director of the largest energy company in Ukraine.
 

Muck Spreader

Member
Livestock Farmer
Location
Limousin
Greed, coupled with stupidity, is a road to nowhere. I have tried to help them for the benefit of all parties but they are too blinkered to see sense. Greed with intelligence is the most productive combination you can get - it drives advancement, expansion and improvement across the board. Without that drive to make things bigger, better, easier and more profitable we'd still be living in mud huts.

I doubt having an imaginary friend will help.

I don't think a would agree with the Greed and intelligence bit. IMO I would have to substitute greed with innovation. One of the prime problems particularly with the UK economy is it's reliance on short termism driven by greed and the need to make a fast buck by the city or company share holders and this has always been at the price of future R&D. It will be interesting to see at what price greed gets the better of the shareholders in AstraZeneca and thus ends another world beating UK company:(
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
Please explain why you have this view given that China and Russia have or soon will surpass the home for free market capitalism in financial terms. I trust you can get a summer discount on thermal underwear when we switch off the gas and you freeze next winter.

Just do the maths Western Europe needs 2000 shiploads per year of LPG to substitute for our gas. There are only 400 vessels built. Plus there are NO export facilities built in USA.

Talk about shooting one's self in the foot. Now we are giving 20 years in prison for growing GMO as a terrorist offence.

As to getting anything in space no way hosea. As to corruption why have Chevron an American company invested 10 billion $ in west Ukraine. To extract gas and oil. Why is kerry's Son now a director of the largest energy company in Ukraine.

I have this view because despite Russia having (by luck, not endeavour) the biggest reserves of natural gas in the world, despite it having a land mass and population many times that of the UK, and having many of the worlds mineral reserves, it still has a smaller economy than the UK in terms of GDP. I would say that is a staggeringly poor economic performance, only gradually improving as it moves away from Communism. The same applies to countries like Iran and to some extent China and India where much of the resources and effort of the people is wasted due to poor organisation and general incompetent management more concerned with feathering their own nests than having the interest of the people at heart.

Yes there is corruption everywhere, but sooner or later, mathematics sorts the fools from the wise men in free enterprise economies, whereas in Communist countries it's usually the peasant who carries the can through no fault of his own while the masters keep positions by force. Strange irony that Communist leaders always end up as dictators one way or another. Leaders in the West usually get voted in or out depending on their economic track record.

You switch off the gas next winter and we might have short term problems which we will overcome with alternative fuel sources, boosting our own economy along the way,,developing fracking, nuclear etc. You will have cut off another source of revenue for your country making it poorer. That natural gas is only worth something if you are selling it. As usual though, bullying and intimidation always seems to be the tool of preference for certain regimes.

I do agree US buying of allegiance and plundering of other countries resources is nothing to be proud of. Seen it in Saudi. Sheiks in the pay of Uncle Sam. You won't sell much non US kit there, however good it is.

At the end of day, I don't think it really comes down to whether it's Communism or this or that political system. it comes down to the genetically prevalent mentality of the people in the region concerned. Some races are more prone to strong man or war lord mentality, others to more cooperative mutually beneficial living and trading arrangements. Some folk tend to follow a leader like sheep however useless he is. Other are more capable of forming independent opinions. Some think nothing wrong with corruption and have no moral compass, others naturally more moral.
 
Just to bring this up again but it was quite interesting what the finance journalist in the Mail said about the renumeration for what some of you consider the financial genuis in the mutual:

http://www.mailonsunday.co.uk/money...GE-NFU-Mutual-bosses-make-hay-sun-shines.html

Sales of pensions and life assurance down
Mutual bonus down (generally to v loyal possibly daftly loyal customer base)
Insurance premiums up and benign weather last year means less paid out so the boys at the top get to cream a bit of it off.

So bonus' down for customers, bonus' up for the top team. happy days. I think this sort of system is not healthy pesonally.
 

Brisel

Member
Arable Farmer
Location
Midlands
...You switch off the gas next winter and we might have short term problems which we will overcome with alternative fuel sources, boosting our own economy along the way,,developing fracking, nuclear etc. You will have cut off another source of revenue for your country making it poorer. That natural gas is only worth something if you are selling it. As usual though, bullying and intimidation always seems to be the tool of preference for certain regimes...

It was thanks to OPEC holding the West to ransom by increasing oil prices that the UK had the Thatcherite Boom of the 1980s, helped by making North Sea oil extraction viable & filling government coffers with tax revenues. George W Bush helped create the biofuels & tar sands industry by "bringing democracy" to Iraq & creating a non OPEC/Muslim energy supply.

If Putin turns the gas off he will hurt mainland Europe & Ukraine badly short term but in the long term it will only create alternative sources of energy that will compete with Russia's gas exports. Perhaps he hasn't thought that far ahead.
 

Elmsted

Never Forgotten
Honorary Member
Location
Bucharest
I have this view because

In pragmatic terms I disagree with nearly all you write. However. You have the right to write it. Might I suggest you change your daily newspaper or TV news provider. And maybe just go and see many of the countries you refer to. I have been to them all.
 

Brisel

Member
Arable Farmer
Location
Midlands
Insurance premiums up and benign weather last year means less paid out so the boys at the top get to cream a bit of it off.

So bonus' down for customers, bonus' up for the top team. happy days. I think this sort of system is not healthy pesonally.

Getting back on topic...

Yep, the system for rewarding the top brass for good results isn't working if what you say is true. I expect that payouts will be higher this year following flooding & storm damage. It will be interesting to see what they cream off this time!
 

Simon Chiles

DD Moderator
Just to bring this up again but it was quite interesting what the finance journalist in the Mail said about the renumeration for what some of you consider the financial genuis in the mutual:

http://www.mailonsunday.co.uk/money...GE-NFU-Mutual-bosses-make-hay-sun-shines.html

Sales of pensions and life assurance down
Mutual bonus down (generally to v loyal possibly daftly loyal customer base)
Insurance premiums up and benign weather last year means less paid out so the boys at the top get to cream a bit of it off.

So bonus' down for customers, bonus' up for the top team. happy days. I think this sort of system is not healthy pesonally.

I'll run the Mutual for 100k/year ( I think I read that Mr Sinclair had a couple of other jobs as well so I could continue with the farming and contracting ).
Would I be any good? Well for a start I'd cut all the fat cat bonuses as I realise that the success of the business depends on a loyal following of its rural customers. With the money I'd have saved I would employ some highly trained medical staff who could access whiplash claims accurately ( Quinn had the right idea except he employed some heavies that paid you a visit and sorted the claim out there and then and he managed to halve premiums). I'd also LIDAR scan the whole country ( my brother has one so more jobs for the boys ) so that your premium for flood insurance was accurately accessed by the risk and not just your postcode.
I'd also do more sensible insurance for younger drivers so that they weren't driving around uninsured ( you can see why they take the risk when the premium is £10,000 and the fine for not having it is £100 and 3 points on your licence ). Then I'd advertise these facts to the public and when all the extra premiums came in I'd pay it back to my loyal customers in their bonus.
What do you think?
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 81 42.2%
  • Up to 25%

    Votes: 68 35.4%
  • 25-50%

    Votes: 30 15.6%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 7 3.6%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,294
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
Top